Corporate Personal Investing Workplace Retirement Institutional Investor/Consultant Recordkeeping Sponsor/Consultant Recordkeeping Sponsor/Consultant Financial Advisor/Intermediary Oak Hill Advisors, L.P. Contact Us
Home Our Advantage

Our Advantage

Retirement Offerings

Retirement Solutions Participant Experience

Strategic Resources

Strategic Partnership Plan Management Plan Health

Financial Wellness

Financial Wellness Approach Waysaver Student Debt Smart Dollar Consumer Directed Accounts

Cybersecurity

Cybersecurity Overview Account Protection Program Multi-Factor Authentication
Advisor Resources

Advisor Resources

Sales Tools Relationship Tools Participant Education Retirement Hot Topics Our Team Working With Us Third Party Administrators
Middle Aged Couple Hiking

U.S. Retirement Market Outlook

Three themes shaping the U.S. retirement landscape.

Office meeting collaboration

2023 Defined Contribution Consultant Research Study

Our third annual study captures retirement views from the defined contribution consulting and advisory community.

Investments

Investments

Investments Overview Target Date Solutions
T. Rowe Price Target Date 20 Years of Shaping Future

Target Date 20th Anniversary

Celebrating our decades-long passion for helping turn retirement dreams into reality.

Global Market Outlook Graphic

Global Market Outlook

Tectonic shifts create new opportunities.

Solar feild Infographic

Artificial intelligence: The new electricity

AI has the potential to be the biggest productivity enhancer to the global economy since the rise of electricity.

Insights

Insights

Reference Point Retirement Market Outlook Research Findings Investment Insights Regulatory Insights Case Studies Current Market Events
Global Market Outlook Graphic

Global Market Outlook

Tectonic shifts create new opportunities.

Office meeting collaboration

2023 Defined Contribution Consultant Research Study

Our third annual study captures retirement views from the defined contribution consulting and advisory community.

Compliance Support

Compliance Support

Compliance Fiduciary Source
Sunrise over Washington D.C. Mall

Qualified plan limits

In October 2023, the Internal Revenue Service released the 2024 dollar limits on certain benefits and contributions to retirement plans and IRAs.

Capital Building at dusk

Legislative and regulatory webinars

Stay current on the latest news: watch our legislative and regulatory webinars on demand.

About Us
Marquee Header

The power of
a great 401(k) plan

Do great companies build great 401(k) plans? Or could a great 401(k) plan actually contribute to the greatness of the company?

We think a 401(k) plan is not only valuable for your employees but for your business, as well.

Can a great 401(k) influence profitability?

That's the question T. Rowe Price asked. Our research found that a “great” 401(k) plan with above-average outcomes (according to BrightScope® data1) is very likely to be sponsored by companies that have between 20% and 80% higher corporate profitability than companies with “average” plans.

BrightScope rates plans on a scale from “great” to “poor” and considers such factors as company generosity, salary deferrals, participation, and account balances.

What a great 401(k) plan could bring to your organization:

  • Better plan outcomes and corporate profitability 
  • Employee financial wellness 
  • Talent attraction and retention

The plan performance/corporate profitability correlation

Plan performance is a key indicator of a great 401(k) plan. We see significant correlations between the 401(k) plan and corporate financial performance. Within and across industries, no matter the company size, profits and plan performance go hand in hand. 

See what else our research revealed:

20%-80% Higher corporate profitability is associated with companies with "great" 401(k)s
Up to 80% Lower corporate profitability is associated with companies with "poor" 401(k)s
Significant correlations exist within and across sectors, no matter the size of the company

Building better plans?
That's the T. Rowe Price Difference.

Delivering better outcomes for retirement plans and participants starts with T. Rowe Price's high-touch service. The numbers prove it.

Retirement Expertise

  • Top reputation as a retirement plan provider1

Deeply researched solutions

  • Top performer in 11 of 13 product and service catagories1

Leading technology and operations

  • Top performer in commitment to technology and innovation1

1 Chatham Partners 2022 Institutional Client Satisfaction Survey. The The Chatham benchmark includes firms that represent 54% of the total recordkept market share (source: Cerulli 2021 U.S. Retirement Markets Report). All references contained here to Net Promoter Score (NPS) or Net Promoter Methodology are governed by the following copyright disclaimer: © 2015 Satmetrix Systems, Inc. All rights reserved. Net Promoter, Net Promoter Score, and NPS are trademarks of Satmetrix Systems, Inc., Bain & Company, Inc., and Fred Reichheld.

2 2022 Chatham Partners’ Annual Client Satisfaction Survey. All references contained in this presentation to Net Promoter Score (NPS) or Net Promoter Methodology are governed by the following copyright disclaimer: 
© 2015 Satmetrix Systems, Inc. All rights reserved. Net Promoter, Net Promoter Score, and NPS are trademarks of Satmetrix Systems, Inc., Bain & Company, Inc., and Fred Reichheld

3 T. Rowe Price represents clients with plans on our OMNI recordkeeping platform as of September 30. 2023.

Great 401(k) plans and compliance

Fiduciary and compliance concerns are disruptive for plans of all sizes. T. Rowe Price's FiduciarySource® offers tools and materials to help busy plan sponsors navigate everchanging fiduciary changes.

Put the "great" in a great 401(k) plan

We can help you amplify results

Looking to help your clients boost their plans' effectiveness? Use our resources to develop benchmarking and proof points that help you:

  • Capture new business opportunities
  • Start conversations
  • Showcase your value proposition
  • Tap new markets

Take your business strategy further
Looking to build client loyalty, add new sales tools, and stay on top of industry news and trends? We offer two digital tools—the advisor portal and comprehensive sales kit—that can support your business growth strategy.

  • Relationship tools
  • Participant education
  • Sales tools
  • Retirement hot topics

Amplify your plan's results

Here are some ways to get started:

  • Benchmark your plan’s and organization’s outcomes against your peers’.
    • Consider a framework for discussions with the C-suite that includes pairing plan objectives with corporate profitability measures. This could give you a better idea of how well both the plan and company are performing against your peers.
  • Schedule time with your CFO. 
    • Share your findings and this research with your CFO to make a case for measuring plan and corporate financial performance together.


       

Contact your T. Rowe Price representative today to discover how our retirement income experience can inspire your participants to improve their long-term retirement outcomes.

202401-3112039

Retire With Confidence®
We’re driven by our purpose: To identify and actively invest in opportunities to help people thrive in an evolving world.
Company Overview Career Newsroom Investor Relations About Us Download a Prospectus U.S. & Canada Privacy Notice

Find us on:

Facebook X YouTube LinkedIn

T. Rowe Price Retirement Plan Services, Inc., its affiliates, and its associates do not provide legal or tax advice. Any tax-related discussion contained in this website (including all links) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding any tax penalties or (ii) promoting, marketing, or recommending to any other party any transaction or matter addressed herein. Please consult your independent legal counsel and/or professional tax advisor regarding any legal or tax issues raised on this website.

T. Rowe Price Investment Services, Inc., distributor, T. Rowe Price mutual funds ©2024 T. Rowe Price. All Rights Reserved. T. ROWE PRICE, INVEST WITH CONFIDENCE, and the Bighorn Sheep design are, collectively and/or apart, trademarks of T. Rowe Price Group, Inc. RETIRE WITH CONFIDENCE is a trademark of T. Rowe Price Group, Inc.