Latest News About T Rowe Price 401K

Here are the latest publicly reported items about T. Rowe Price and 401(k) plans that surfaced recently.

Overview

• T. Rowe Price released a 2024 benchmarking report for 401(k) plans, highlighting that average loan sizes grew about 4% in 2024, slightly outpacing inflation. The report emphasizes the ongoing importance of emergency savings and financial wellness programs for retirement savers, especially as inflation and market volatility persisted in 2024 [PR Newswire press release, 2025-04-16]. This update provides plan design trends and participant behavior insights drawn from 2024 data across their retirement plan clients.[1][2]

Key takeaways from the 2024 benchmarking findings

• 401(k) loan sizes increased modestly (around 4%), outpacing inflation in 2024, suggesting participants tapped loans more as emergency access rather than purely investment activity. This underscores the relevance of emergency savings options within plan menus.[2][1]
• Financial wellness remains a priority: a significant portion of participants reported challenges covering six months of expenses, reinforcing the role of plan sponsors and employers in supporting financial well‑being beyond just investment options. This aligns with T. Rowe Price’s emphasis on integrated wellness resources for retirement readiness.[2]
• Plan design and participant behavior are continuing to evolve: the benchmarking report covers changes in target-date fund usage, Roth contributions, and other design elements that influence how participants save and invest within 401(k) plans. For context, earlier reports have highlighted rising Roth uptake and broad availability of target-date options as enduring trends in employer-sponsored plans (references to prior references point to ongoing patternings in this space).[3][7]

Related context and signals

• T. Rowe Price remains a leading provider of retirement plan services and publishes annual benchmarking data used by plan sponsors to calibrate features like loan provisions, emergency savings options, and wellness programs.[1][2]
• Coverage of these topics appears across multiple outlets that syndicate the PR Newswire release, including Morningstar and 401(k) trade press, which reinforces the resonance of 401(k) loan trends and wellness initiatives in 2024 data.[9][2]

Would you like:

• A concise summary of the 2024 benchmarking numbers (loan sizes, participation rates, Roth uptake, etc.) in bullet form?
• A quick comparison table of 2023 vs 2024 trends based on T. Rowe Price’s reports?
• A link-by-link bibliography with exact quotes from the 2024 report?