T Rowe Price Employee Benefits

Enjoy Exclusive Summit Program Benefits

Gain entry to more benefits that reward youas you save more for retirement, college, and other goalsby investing directly with T. Rowe Price or in a 529 plan managed by us.

Access to lower-cost I Class shares

Access to lower-cost I Class shares with fees that are 20% lowerFN, on average, than those of our Investor Class shares. Clients with $500,000 exclusively in I Class shares would save, on average, $700 in the first year alone compared to the same amount in Investor Class shares.

Entry to closed T. Rowe Price mutual funds

Get preferred access to closed funds, a benefit only available when you buy directly from T. Rowe Price. These funds have been closed to new investors due to high demand, to preserve the funds ability to invest consistent with its objective, or for other reasons. 83% of our closed funds rated by Morningstar earned 4- or 5-star Overall Morningstar Ratings as of June 30, 2022.3

Invitation-only events with investment experts

Access to investing, retirement, college savings, and personal finance events featuring T. Rowe Price experts.

Access to a dedicated life events support team

Whether reaching a major milestone, or reacting to an unexpected event, receive dedicated support from a financial professional who can help you navigate life events such as changing jobs, sending a child to college, the death of a loved one, or getting married.

Your Current Recordkeeper: T Rowe Price

Active Participants

Use the left-hand column to determine what timeline we are currently under. Based on that timeline, information and steps you may need to take are available in the right-hand column.

Current employees not actively contributing

Although you are not actively contributing to the UW 403 program, you may have balances in the program. Your account balance will move to TIAA, the default recordkeeper, in January 2022, unless you take action.

Here are your options:

• Make no changes and allow your account balance to move to TIAA.
• If you would prefer your account balance move to Fidelity, beginning November 1, 2021, go to www.NetBenefits.com/UofW.
• If you do NOT have an account already established through the UW, click Register and follow the prompts.
• If you DO have an account established through the UW, enter your login information.

Once you are in the UW Fidelity account, you will be able to make an election to move your T. Rowe Price balance. Designations must be made by December 17, 2021.

• If you have had a distributable event, you may move your account balance to a different employer plan, roll over to an IRA, or work with T. Rowe Price to roll your account into a T. Rowe Price IRA. If you wish to roll over to a T. Rowe Price IRA, call T. Rowe Price at 922-9945.

terminated employees

Here are your options:

Reap The Rewards Of Hard Work

From challenging projects to outstanding benefits, youll find that T. Rowe Price exceeds expectations. Here are a few of the areas where you can learn, develop, and grow.

With all of the training, mentoring, and opportunities for professional growth, Ive been able to map out a long-term career plan with T. Rowe Price.

JM Kitner – Client Services

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Earn More Benefits As Your Summit Balance Grows

To see your current benefit tier, just log in to your account.

1529 portfolios managed by T. Rowe Price invest in I Class shares of the underlying mutual funds where available and have access to closed T. Rowe Price funds, regardless of participation or status in the Summit Program.

2As of 06/30/22. This calculation is based on a hypothetical $500,000 investment in Investor Classes with an average expense ratio of 0.64% versus I Classes with an average expense ratio of 0.50% . These expense ratios are net of fee waivers. Fund expenses change over time please refer to our mutual fund prospectuses for complete information about expenses, fees, and other information to consider before investing.

3Morningstar gives its best ratings of 5 or 4 stars to the top 32.5% of all funds based on their risk-adjusted returns. The Overall Morningstar Rating is derived from a weighted average of the performance figures associated with a funds 3-, 5-, and 10-year Morningstar Rating metrics. As of 6/30/2022, 5 of 6 of our closed funds rated by Morningstar received an overall rating of 5 or 4 stars. Past performance cannot guarantee future results.

Summit Program benefits may be provided through T. Rowe Price Services, Inc., or its affiliates.

T. Rowe Price Services, Inc., and T. Rowe Price Investment Services, Inc., are affiliated companies.

Retirement And Savings Plan At A Glance

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T Rowe Price Has A Mission: To Help Clients Achieve Investment Goals

T. Rowe Price is a global investment management organization focused on delivering retirement and investment services which investors can rely onnow, and over the long term. We help people close the gap between the money they have and the money theyll need, so they can live with confidence in their finances. We have over 7,100 employees, offices in 16 countries, and we are responsible for investing $1.55 trillion of our clients money .

Recent Valor Content And Events

• 2021 2nd Annual Ruck March to Stop Soldier Suicide raised over $50k in support of mental health resources for military Veterans
• 2021 Black History Month series highlighting historical military contributions of black servicemen and women
• 2021 Womens History Month series highlighting historical military contributions of servicewomen
• 2021 Memorial Day March to Remember associates shared photos and stories of how they reflected and honored fallen military members throughout the weekend

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Todays Sacrifice Sets Up Tomorrows Future

We do what is in our clients best financial interest and we are dedicated to helping improve the world around them. We have embedded ESG through our investment research platform.

We believe that the long-term sustainability of our business requires forward-thinking environmental practices. Were constantly improving our environmental management capabilities and have made great strides in reducing waste, expanding recycling, and creating more sustainable workplaces.

Rsvp With A Risk Coach

Make the most of your companys Voluntary Benefits Program. Call us at and talk to one of our licensed agents. They take a Risk Coach approach to identifying the common coverage gaps and surprises in insurance policies, and coach you to plan your coverages accordingly.8

1. Product, service, program, credit, and discount availability and limits vary by state. Qualifications and eligibility rules apply. Subject to terms and conditions. Exclusions apply. The new vehicle discount and the electric/hybrid vehicle discount cannot be combined. The information provided on this site is provided for informational purposes only and is not a full explanation of products, services, or coverage. For more information, please contact Electric Insurance Company at 800.342.5342. If there are discrepancies between the information on this site and the policy, the terms in the policy apply.

2. Estimated savings are based on 11-month waiver of a $5 monthly service fee.

3. Not available in all states. Participation is optional. Eligibility, qualifications, and availability may be modified or changed at any time.

4. Terms and conditions apply.

5. Emergency roadside assistance services are provided by Quest Towing Services, LLC terms and conditions apply.

6. Applies to vehicles up to two years old with 24,000 or fewer miles

7. American Business Awards

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Presentamos Nuestro Nuevo Portal En Espaol

El nuevo portal en español, Jubílese Con Confianza, ofrece información y educación sobre planes de jubilación y cómo aprovechar al máximo su plan de jubilación.

View firm’s background on FINRA’s BrokerCheck.

Android and Google Play are trademarks of Google Inc. T. Rowe Price Personal is a trademark of T. Rowe Price Group, Inc.

So Whats With The Funny Name

Our name is as unique as our roots. Electric Insurance Company was founded in 1966 to provide exceptional auto and home insurance for General Electric employees. So weve been helping associates of participating companies get the right insurance, at the right price, for more than 50 years. Weve even picked up a shelf full of awards for superior customer service and claim service along the way.7

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Investing In Our Communities

We believe our success and the success of our communities are linked. Our workplace culture encourages opportunities for our associates to support the community through paid volunteer time and matching charitable donations.

We strive for equity, opportunity, and equality for all associates at the firm. Those values have been a part of our company history since Thomas Rowe Price Jr., founded the firm with three other associates, two of whom were women.

Meet Some Of Our Valor Members

Like your time in service, our associates do more than their jobs. Our military veteran community comes together through VALOR, our employee resource group which acts as a kind of family for our military veterans. VALOR offers mentoring, sponsorship, career advice, volunteer opportunities focused on the military veteran community, friendship, and fun.

Army Veteran John Crawford and USMC Veteran Dan Everett at the Top of Old Rag, Virginia, USA raising money and awareness for Stop Soldier Suicide.

Army Veteran Amy Bennett laying a wreath on the grave of a military veteran for Wreaths Across America. T. Rowe Price is an annual participant in this event.

Army Veteran John Crawford, Marine Veteran Dan Everett, Air Force Reservist Katie Milazzo and Air Force Veteran Jim Stull logging miles for VALORs Annual Ruck March on the Owings Mills, Maryland corporate campus while supporting their colleagues in PRIDE.

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Our Culture Empowers Associates To Realize Their Aspirations

Looking to take that next step? Changing careers? Consider a future with T. Rowe Price, where challenges await every day, support is a given, and there are a variety of opportunities.

While our associates have all kinds of backgrounds and experience, they share a commitment to serving our clients and communities.These shared values are the foundation for our mutual success.

Get A Tax Advantage With Roth Contributions

Roth contributions give you a different type of tax benefit than traditional pretax contributions. When you choose to make Roth contributions, they are taken from your paycheck after taxes are taken out. This means, after age 59½, youll pay no tax on these contributions and their earnings when you withdraw them from the plan.* Use the Roth Comparison Calculator at rps.troweprice.com to see if Roth contributions are right for you.

* A qualified distribution is taxfree if taken at least 5 years after the year of your first Roth contribution and youve reached age 59½, become totally disabled or died. If the distribution from your Roth account is not qualified, the earnings on your Roth account will be taxable. These rules apply to Roth distributions only from employersponsored retirement plans. Additional plan distribution rules may apply.

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Summary Of The Claims

The lawsuit specifically alleges that T. Rowe Price and its affiliates violated ERISA, the federal law governing employee benefit plans, by, among other things:

• Imprudent and disloyal selection and monitoring of 401 Plan investments by giving preferential treatment to the in-house funds resulting in millions of dollars in fee income for the company at the expense of the retirement savings of 401 Plan participants
• Failing to offer the lowest cost version of certain in-house funds to 401 Plan participants
• Failing to remove and prudently monitor the performance of 401 Plan Trustees, who were breaching their duties of loyalty and prudence by exclusively offering in-house funds in the 401 Plan, and failing to consider lower cost and better performing non-proprietary alternatives and
• Engaging in transactions prohibited by ERISA by causing the 401 Plan to participate in transactions that the company and its affiliates knew or should have known constituted sales or exchanges of property between the 401 Plan and parties in interest, furnishing of services between the Plan and a party in interest, transfer of Plan assets to a party in interest, and transactions between a Plan and its fiduciaries.