List of T. Rowe Price Retirement Recordkeeping Customers
Baltimore, 21202, MD,
United States
Since 2010, our global team of researchers has been studying T. Rowe Price Retirement Recordkeeping customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased T. Rowe Price Retirement Recordkeeping for Retirement Recordkeeping from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using T. Rowe Price Retirement Recordkeeping for Retirement Recordkeeping include: L'Oréal USA, a United States based Retail organisation with 11000 employees and revenues of $6.00 billion, Illinois State Board of Investment US, a United States based Government organisation with 25 employees and revenues of $30.0 million and many others.
Contact us if you need a completed and verified list of companies using T. Rowe Price Retirement Recordkeeping, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Illinois State Board of Investment US | Government | 25 | $30M | United States | T. Rowe Price | T. Rowe Price Retirement Recordkeeping | Retirement Recordkeeping | 2016 | n/a |
In 2016, Illinois State Board of Investment US implemented T. Rowe Price Retirement Recordkeeping to serve as the recordkeeper for the State of Illinois Deferred Compensation Plan, a 457 plan. The deployment used T. Rowe Price Retirement Recordkeeping as a vendor hosted recordkeeping platform to support participant services and plan operations for state employees.
The engagement reflected use of functional modules typical of the Retirement Recordkeeping category, including online enrollment, participant recordkeeping, contribution and deferral processing, investment account management, and plan administration workflows. T. Rowe Price Retirement Recordkeeping supported online enrollment and plan administration for state employees, aligning service delivery with ongoing plan servicing and participant account management tasks.
Operational coverage centered on HR and finance functions for Illinois state agencies and participant-facing administration across the plan, with the platform serving as the primary system of record for deferred compensation plan administration. Configuration and workflow automation focused on enrollment processing, contribution posting, and standard reporting and reconciliation used by plan administrators and payroll coordinators.
The T. Rowe Price recordkeeping arrangement remained in place until the plan transitioned to Empower on July 1, 2022, a change that impacted HR and finance operations in Illinois and required a vendor level plan administration cutover. Governance and operational handoff activities accompanied the vendor transition, affecting participant enrollment and administration processes during the cutover period.
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L'Oréal USA | Retail | 11000 | $6.0B | United States | T. Rowe Price | T. Rowe Price Retirement Recordkeeping | Retirement Recordkeeping | 2022 | n/a |
In 2022, L'Oréal USA implemented T. Rowe Price Retirement Recordkeeping to support its defined contribution plan administration. The deployment focused on Retirement Recordkeeping for the company's U.S. SalonCentric retirement program and centralized participant services under the T. Rowe Price Retirement Recordkeeping application.
T. Rowe Price acted as the retirement recordkeeper and plan services provider, supporting recordkeeping, participant communications, participant education, and financial wellness outreach consistent with Retirement Recordkeeping capabilities. The implementation consolidated participant account record maintenance, contribution and vesting tracking, plan services workflows, and provisioned participant facing education and financial wellness tools to HR and benefits administrators.
Operational scope covered the United States and specifically supported SalonCentric retirement financial wellness and participant education campaigns. That program won the 2023 PSCA Signature Award for Financial Wellness, reflecting external recognition of the participant education and financial wellness emphasis within the Retirement Recordkeeping implementation.
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