Latest News About T Rowe Price 401K

Updated 2026-04-28 18:01

Here are the latest developments I could verify about T. Rowe Price and 401(k) plans:

If you’d like, I can search for more recent items (e.g., 2025–2026 updates) and summarize them with links. I can also pull out key takeaways for plan sponsors vs. participants, or compare T. Rowe Price’s findings with industry benchmarks.

Sources

T. ROWE PRICE: 401(K) LOAN SIZES OUTPACED INFLATION IN 2024, HIGHLIGHTING THE IMPORTANCE OF EMERGENCY SAVINGS AND FINANCIAL WELLNESS FOR RETIREMENT SAVERS

BALTIMORE, April 16, 2025 /PRNewswire/ -- T. Rowe Price, a global investment management firm and leader in retirement today published its annual benchmarking report on 401(k) plan design and participant behavior, and found the average loan size grew by 4%, slightly higher than inflation in 2024. Participants across all age groups saw increases in average loan size, including those closer to retirement age, suggesting that financial wellness challenges are not felt solely by younger age groups....

www.morningstar.com

PLANADVISER

The lawsuit seeks relief including disgorgement of all investment advisory fees paid to T. Rowe Price and/or its subsidiaries from 401(k) plan assets, as well as the difference in performance between readily available and better performing non-proprietary funds that could have been offered in the 401(k) plan. It says that during the class period, 401(k) plan participants paid TRP Associates in excess of $50 million in fees. « Investors Pour Money Into Mutual Funds and ETPs in January

www.planadviser.com

T. Rowe Price to Pay $7 Million to Resolve 401(k) Lawsuit (1)

T. Rowe Price Group Inc. will pay $7 million and add a brokerage window to its 401(k) plan, resolving an 18,000-person class action claiming the plan was filled with expensive, in-house funds, papers filed in Maryland federal court show.

news.bloomberglaw.com