Reference Point
Annual benchmarking report that provides trend analysis and expert commentary you can use to take advantage of emerging best practices and improve plan effectiveness.
Background
- T. Rowe Price’s recordkeeping database is a comprehensive proprietary database of U.S. defined contribution plan sponsor and participant information.
- This report is based on data of U.S. corporate defined contribution plans (401(k), 457 plans):
–Total: 643 plans and 1.7 million participants
–Plans over $500 million: 58 plans and 1.0 million participants - Data are as of December 31, 2016, unless otherwise noted. Figures throughout report are shown in U.S. dollars.
- Note: Analysis excludes plans sponsored by tax-exempt entities, nonqualified plans, and the T. Rowe Price defined contribution plan.
Plans Over $500M—by Industry
As of December 31, 2016
Plans By Industry
| Industry | Number of Plans |
|---|---|
| Accommodation and Food Services | 2 |
| Administrative and Support and Waste Management and Remediation Services | 2 |
| Agriculture, Forestry, and Fishing and Hunting | 1 |
| Construction | 1 |
| Finance and Insurance | 3 |
| Health Care and Social Assistance | 3 |
| Manufacturing | 14 |
| Professional, Scientific, and Technical Services | 8 |
| Public Administration | 5 |
| Retail Trade | 6 |
| Transportation and Warehousing | 6 |
| Utilities | 6 |
| Wholesale Trade | 4 |
Source: T. Rowe Price Reference Point study of 58 plans over $500M, as of December 31, 2016.
Reference Point
Annual Benchmarking Report
T. Rowe Price Investment Services, Inc.
C1JGINUIM
201705-155620