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T. Rowe Price Group, Inc.
Plan RatingFORM 5500 DATA
Overview
Plan Information
- Plan Year01/01/2019 — 12/31/2019
- Date of Plan01/01/1997
- Net Assets as of 12/31/2019 $3,116,779,792
- Plan Number5
- Plan Type Single Employer
- Is the plan collectively bargained? No
- Did the plan file for an extension of time or the DFVC Program? No
- Plan Funding Arrangement Trust
- Plan Benefit Arrangement Trust
Participant Information as of 12/31/2019
- Active (Eligible) Participants6,545
- Retired or separated participants receiving benefits98
- Other retired or separated participants entitled to future benefits4,321
- Subtotal10,964
- Deceased participants whose beneficiaries are receiving or are entitled to receive benefits35
- Total10,999
- Total number of participants as of 01/01/20199,347
- Number of participants with account balances10,999
- Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested559
Expenses
- Total Benefit Payments$0
- Corrective Distributions$0
- Administrative Service Providers$0
- Other Expenses$0
- Total Expenses$0
- Total Transfers$0
Sponsor Information
- Address4555 Painters Mill Rd
- CityOwings Mills
- StateMD
- Zip21117-4903
- Telephone(410) 345-6926
- EIN52-2264646
- Industry Code523900
- Named AdministratorClay Bowers
- Named Plan SponsorClay Bowers
Audit Information
- Audit StatusAudited
- AuditorKpmg, LLC
- Auditor EIN13-5565207
- Audit OpinionUnqualified
- Audit Type Full Audit
Benefits Provided Under the Plan
Code | Benefit | Description |
---|---|---|
2E | Profit-sharing | A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature. |
2F | ERISA section 404(c) Plan | This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1. |
2G | Total participant-directed account plan | Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met. |
2J | Code section 401(k) feature | A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash. |
2K | Code section 401(m) arrangement | Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities. |
2S | Automatic Enrollment | Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll. |
2T | Participant-directed Account | Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account. |
3H | Controlled Group | Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)). |
Questions and Answers
Question | Answer | Amount |
---|---|---|
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? | No | |
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. | No | |
Were any leases to which the plan was a party in default or classified during the year as uncollectible? | No | |
Were there any nonexempt transactions with any party-in-interest? | No | |
Was this plan covered by a fidelity bond? | Yes | $50,000,000 |
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? | No | |
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? | No | |
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? | No | |
Did the plan have assets held for investment? | Yes | |
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? | No | |
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? | No | |
Has the plan failed to provide any benefit when due under the plan? | No | |
If this is an individual account plan, was there a blackout period? | No | |
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? | No |
Financials
Income and Expense Statement
Income | $781,823,352 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Expenses | $111,795,135 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Net Income | $670,028,217 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Asset and Liability Statement
12/31/2019 | 12/31/2018 | Change YOY | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total Assets | $3,117,017,204 | $2,446,776,116 | 27.39% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total Liabilities | $237,412 | $24,541 | 867.41% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Net Assets | $3,116,779,792 | $2,446,751,575 | 27.38% |
Service Providers
Persons Receiving Only Eligible Indirect Compensation
- T. Rowe Price Retirement Plan Svcs
Other Service Providers Receiving Direct or Indirect Compensation
There are no service providers listed for this plan.
Indirect Compensation
There are no service providers with indirect compensation listed for this plan.
Service Providers Who Fail or Refuse to Provide Information
There are no service providers who failed or refused to provide information.
Termination Information on Accountants and Enrolled Actuaries
There is no termination information for this plan.
Investments
Investments
Name of Investment | Investment Manager | Type of Investment | Dollar Value |
---|---|---|---|
Trp Retirement 2035 Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $179,333,987 |
Trp Retirement 2040 Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $172,135,185 |
Trp Retirement 2030 Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $171,484,027 |
Trp Capital Appreciation Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $171,086,587 |
Trp New Horizons Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $142,188,593 |
Trp Retirement 2045 Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $130,826,074 |
Trp Blue Chip Growth Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $122,612,418 |
Trp Retirement 2025 Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $111,545,870 |
Trp Stable Value Common Trust Fund | T Rowe Price Trust Company | DFE: Common/Collective Trust | $97,926,126 |
Trp Retirement 2050 Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $96,138,823 |
Trp Growth Stock Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $68,246,153 |
Trp Equity Income Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $63,621,536 |
Trp Retirement 2020 Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $63,242,039 |
Trp Us Treasury Money Market Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $54,908,324 |
Trp Equity Index Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $52,306,980 |
Trp Retirement 2055 Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $51,870,981 |
Trp Us Small Cap Value Equity Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $49,457,848 |
Trp Us Mid Cap Value Equity Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $37,050,019 |
Emerging Markets Equity Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $35,557,668 |
Trp Intl Small Cap Equity Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $25,233,571 |
Trp International Growth Equity Tru | T Rowe Price Trust Company | DFE: Common/Collective Trust | $23,223,160 |
Trp Structured Research Ctf | T Rowe Price Trust Company | DFE: Common/Collective Trust | $18,537,432 |
Trp Retirement 2015 Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $15,748,441 |
Trp Retirement 2060 Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $14,061,012 |
Trp Global Growth Equity Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $14,008,723 |
Trp Growth and Income Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $10,086,618 |
Trp Retirement 2010 Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $9,555,515 |
Trp Bond Trust I | T Rowe Price Trust Company | DFE: Common/Collective Trust | $8,195,732 |
Trp Us Bond Enhamced Index Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $6,905,718 |
Trp International Core Equity Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $6,261,698 |
Trp Retirement 2005 Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $4,996,471 |
Trp Intl Value Equity Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $3,425,771 |
Trp Dynamic Global Bond Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $3,095,252 |
Trp Retirement Balanced Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $2,409,454 |
Trp Asia Opportunities Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $2,363,638 |
Trp Real Assets Trust I | T Rowe Price Trust Company | DFE: Common/Collective Trust | $1,865,356 |
Trp Small and Mid Cap Core Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $174,420 |
Trp Us Small Cap Core Equity Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $0 |
Trp Us Value Equity Trust | T Rowe Price Trust Company | DFE: Common/Collective Trust | $0 |
Total | $2,041,687,220 |
Insurance Information
Insurance Information
There are no insurance carriers listed for this plan.