T. Rowe Price – (DCIO)

Firm Profile

For over 75 years, T. Rowe Price has operated under one guiding principle: “If you take care of your clients, your clients will take care of you.” —Thomas Rowe Price, Jr., 1937.

This principle has remained at the core of how we manage money and serve our clients. We run our business with integrity, always mindful that we are responsible stewards for our clients. As such, we are relentlessly focused on only two areas of business: investment management and related retirement plan services.

Our portfolio managers average 17 years of experience with T. Rowe Price. The Management Committee
averages 30 years of experience with T. Rowe Price. All of those fi gures are among the longest in the
industry. We cultivate leadership within our team of over 230 analysts and tie professional compensation to investment performance and the overall performance of T. Rowe Price. This creates a culture that recognizes individual contributions yet remains aligned to the interests of our clients. Low management turnover helps to perpetuate the fi rm’s philosophy and investment approach.

KEY CONTACTS
Mark Cover, (410) 345-4954
mark_cover@troweprice.com

WEBSITE
www.troweprice.com

PRIMARY MARKET(S) SERVED
Micro <$1 million
Small $1 million – $10 million
Mid $10 million – $100 million
Large $100 million – $250 million
Mega >$250 million

TOTAL AUM ($MM)
As of 06/30/15: $773,000MM
As of 12/31/14: $746,800MM
As of 12/31/13: $692,400MM

TOTAL DCIO ASSETS ($MM)
As of 06/30/15: $231,491MM
As of 12/31/14: $214,837MM
As of 12/31/13: $181,128MM

DCIO ASSET BREAKDOWN (BY %)
Mutual funds: 70.7%
Collective trusts: 9.2%
Separate accounts: 20.2%
Bonds: 2.1%
Stable value: 2.9%
Money market: 0.1%
Stocks: 94.9% *includes asset
allocation products

DCIO ASSET BREAKDOWN: ASSET ALLOCATION FUNDS ($)
Target-date: $88,600MM
Target-risk: $5,411MM
Balanced: $531MM
Total: $94,542MM

ASSET ALLOCATION FUNDS
• T. Rowe Price Retirement Funds
• T. Rowe Price Target Funds
• T. Rowe Price Retirement Trusts
• T. Rowe Price Retirement Hybrid Trusts

ADVISOR SUPPORT SERVICES
• External wholesalers focused on advisors
• External wholesalers focused on institutional
• Plan benchmarking
• Target-date evaluation tools
• Training for DC plan sales/service
• Investment committee meetings

NO. OF EXTERNAL WHOLESALERS
DC: 9
Retail: 24