401(k) Retirement Plan

Why T. Rowe Price?

A globally respected investment firm with 85+ years of experience and $1.45 trillion in assets, T. Rowe Price is known for its strategic, research-driven approach and long-tenured investment experts, all focused on helping you build long-term financial security.

When Am I Eligible?

You are eligible 90 days after your date of hire, and will be automatically enrolled at 3%. You can opt out of deductions during the same 90 day period.

Automatic Enrollment

Taking the first step toward building a retirement nest egg can seem overwhelming, especially if you’re not familiar with the process of investing. That’s why you’ll be automatically enrolled in the Renovo Home Partners 401(k) Plan, even if you previously elected not to participate.

Here’s how it works:

• Unless you choose a different contribution rate by July 2, 2025, 3% of your before-tax pay will be deducted from your paycheck and invested in a T. Rowe Price Retirement Blend Trust, Class A, with a target date that’s closest to the year you’ll turn age 65.
• Even with auto-enrollment, you’re still in charge of your money—you can adjust your contribution rate, change your investment elections, stop your contributions, or make other changes at any time by logging in to troweprice.com or by calling 800-922-9945.

Contribution Rate Boost

With so many financial priorities competing for your attention, it’s easy to set your contribution and then forget about it. To help you reach the recommended savings rate, your retirement plan is implementing a one-time automatic boost to 3% on July 2, 2025. That means, if you’re currently contributing less than 3% of your pay, your before-tax contribution rate will be automatically increased to 3%.

Of course, you’re always in control and can opt out of the automatic boost if you choose.

Why Prioritize Retirement?

Your retirement income depends on the savings you build now. Starting early and saving consistently can increase your balance significantly, thanks to compound interest. Imagine putting money into an account and watching it grow a little each month (interest) just for being there. The next month, you earn interest on both your original amount and the interest you already earned. Then it happens again—and again. That’s compound interest: your money compounding and making you more money over time.

Start Building Your Retirement

Open your account with T. Rowe Price today!

• App: Download from the App Store or Google Play
• Text: MOBILEAPP to 68784
• Call: 800-922-9945
• Online: rps.troweprice.com