Press Release

PensionBee Expands Access to Automatic Rollover IRA Solution Through T. Rowe Price Retirement Platform

Issued by PensionBee

Sept. 2, 2026

New York, New York – PensionBee, a leading online retirement provider, announced that its Automatic Rollover IRA solution will be available to eligible T. Rowe Price retirement plan clients. Existing and new T. Rowe Price clients can designate PensionBee’s award-nominated offering as a force-out provider of choice for small balances below the $7,000 threshold.

“Plan sponsors process billions in small balance rollovers, but often have little oversight into where these accounts end up or what happens to the balances following the force-out,” said Helene OBrien, VP, Employer Partnerships at PensionBee. “Given the steady growth of forgotten retirement accounts, it’s increasingly important for administrators to prioritize their force-out process, and feel good about their force-out partner.”

Small balances under $7,000 make up a rapidly growing share of the nearly $2 trillion of left-behind 401(k) wealth. Over $43 billion is projected to sit in Safe Harbor IRAs by 2030, nearly double the $22 billion Americans left behind in 2022. To manage the influx of left-behind accounts, employers now force out roughly $5 billion in sub-$7,000 balances annually, often into low-growth, high-fee accounts.

“The addition of PensionBee’s Automatic Rollover IRA gives eligible clients another option to consider when evaluating their force-out provider,” said Wendy Brown, VP, senior offer manager at T. Rowe Price. “The digital experience provides clients with information to help compare available providers and determine which option best aligns with their plan’s needs.” 

At no additional cost, T. Rowe Price’s Core Market clients can review force-out providers through the portal. The digital interface streamlines the comparison and 

assessment process, allowing administrators to evaluate whether their existing relationship meets their needs — and makes it easier to select an option that is aligned with current organizational goals.

PensionBee’s addition to the platform allows administrators to set former participants up with access to free human support (Beekeepers), an award-winning digital app with planning tools, and competitive yields that support growth even for accounts that are not under active management. PensionBee’s offering will become available to large institutional clients in 2027.

About PensionBee

PensionBee (LON:PBEE; OTCQX:PBNYF)  is a leading retirement savings provider, helping people easily consolidate, manage, and take control of their retirement savings. The company manages over $11 billion in assets and serves nearly 330,000 customers globally, with a focus on simplicity, transparency, and accessibility. PensionBee offers Traditional, Roth, SEP, and Safe Harbor IRAs with ETF-backed portfolios from State Street Investment Management, one of the world’s largest asset managers. PensionBee is publicly traded on the London Stock Exchange (PBEE) with U.S. shares available on OTCQX (PBNYF).

Notes

The information provided in this announcement, including any projections for investment returns and future performance, is for informational and educational purposes only and should not be considered investment advice. Past performance is not indicative of future results.  All investments carry risk, including the potential loss of principal. PensionBee is not liable for any losses or damages arising from the use of this information. Projections and forecasts are based on assumptions and current market conditions, which are subject to change.

Investing involves risk.

The information and data set out above, including any projections for investment returns and future performance, is provided solely for informational and educational purposes and should not be relied upon for making financial decisions. Nothing presented here constitutes tax, legal, financial or investment advice. This information does not take into account the specific financial, legal or tax situation, objectives, risk tolerance, or investment needs of any individual investor. All information  provided is compiled from publicly available data and research at the time of posting or PensionBee privately commissioned research obtained through third party survey providers. Images, figures, and projections used are derived from the data described, are provided for informational and marketing purposes only and do not represent actual customer returns. Projections and forecasts are based on assumptions and current market conditions, which are subject to change. This information, and any associated customer testimonial or third party endorsement, does not constitute an offer, solicitation, or recommendation to buy or sell any securities or investments. Your investment is at risk. Past performance is no guarantee of future results. PensionBee is not liable for any losses or damages arising from the use of this information.

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