T Rowe Price Group, Inc
Updated Filing received by DOL
T Rowe Price Group, Inc, a finance & insurance employer in Baltimore, Maryland, reported 6,733 participants in its health and welfare plans for plan year 2025. Its Form 5500 shows 6 insurance contracts with no premium reported and $203,068 in broker commissions and fees. The plan is self-funded (the employer pays claims itself). The Department of Labor received an amended filing on September 14, 2026; the original filing date is not in the public dataset.
Who was paid on T Rowe Price Group, Inc's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract T Rowe Price Group, Inc filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| CFN Agency Inc. · Duluth, GA | $163,256 | $0 | $163,256 | 2 |
| Mercer · Chicago, IL | $0 | $29,671 | $29,671 | 1 |
| Rcm&D Inc. · Baltimore, MD | $5,682 | $0 | $5,682 | 1 |
| Rewards Plus of American Ins Agency · Duluth, GA | $4,459 | $0 | $4,459 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2025, as published in EBSA's 2025 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Hartford Life and Accidentlong-term disability | 6,437 | — | $29,671 | — |
| Prudential Insurance Company of Americacoverage not coded | 162 | — | — | — |
| Ace American Insurance Companycoverage not coded | 6,397 | — | $5,682 | — |
| Metlife Legal Planscoverage not coded | 564 | — | $13,326 | — |
| Metropolitan Life Insurance Companylife | 9,461 | — | — | — |
| Aetna Life Insurance Co.coverage not coded | 3,463 | — | $154,389 | — |
Source: DOL Form 5500 Schedule A, plan year 2025. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How T Rowe Price Group, Inc compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 6,545 | 6,733 | +2.9% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $37,477 | $203,068 | +441.8% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2024 and 2025.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| T Rowe Price Group Inc. Health & Welfare Benefits Plan#501 · amended · insurance, general assets | December 31, 2025 | September 14, 2026 | amended filing; original date not in data | 6,733 |
| T Rowe Price Group Inc Retiree Health Benefit Plan#507 · general assets | December 31, 2025 | August 11, 2026 | within extension | 278 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did T Rowe Price Group, Inc pay in health insurance broker commissions in 2025?
T Rowe Price Group, Inc's 2025 Form 5500 reports $203,068 in broker commissions and fees across 6 insurance contracts ($173,397 in commissions, $29,671 in fees), with CFN Agency Inc. receiving the largest share.
Is T Rowe Price Group, Inc's health plan self-funded or fully insured?
The 2025 filing indicates the plan is self-funded (the employer pays claims itself).
How does T Rowe Price Group, Inc's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for T Rowe Price Group, Inc because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.