Focusing on issues such as risk and diversification, which investors should consider when including company stock in their retirement accounts, the T. Rowe Price campaign includes:
- newsletter articles,
- payroll stuffers,
- materials for participant meetings, and
- Web-based meeting contact
The company said it is making the materials available at no cost to T. Rowe Price plan sponsors and participants.
In addition to these new materials, T. Rowe Price said it also provides plan participants with free access to the Morningstar ClearFuture guidance module.
This tool helps 401(k) participants develop a personalized retirement plan and includes guidance on diversification, including the impact of company stock in one’s portfolio.
For investors who own company stock, ClearFuture shows the percentage of assets the stock accounts for in both their 401(k) plans and their total portfolio, raising a cautionary flag if this exposure is more than 10% of the total portfolio, T. Rowe Price said.