Employers › Prologis
Recordkeeping fees per participant · Prologis 401(k) Savings Plan · plan year 2024
$63.93
Higher than 70% of the 1,697 plans $250M to 1B that report it.
= $162,830 / 2,547
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250607102506NAL0013246561001, received 2025-06-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250607102506NAL0013246561001, received 2025-06-07
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-06-07.
Administrative expenses excluding investment management, per participant
$64.28
Higher than 47% of the 2,324 plans $250M to 1B that report it.
= $163,730 / 2,547
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250607102506NAL0013246561001, received 2025-06-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250607102506NAL0013246561001, received 2025-06-07
Administrative expenses per participant
$72.64
Higher than 39% of the 2,405 plans $250M to 1B that report it.
= $185,004 / 2,547
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250607102506NAL0013246561001, received 2025-06-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250607102506NAL0013246561001, received 2025-06-07
Administrative expenses as a share of assets
0.036%
Higher than 22% of the 2,407 plans $250M to 1B that report it.
= $185,004 / $519,667,208
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250607102506NAL0013246561001, received 2025-06-07
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250607102506NAL0013246561001, received 2025-06-07
Employer contributions per participant
$4,029
Higher than 64% of the 2,457 plans $250M to 1B that report it.
= $10,261,074 / 2,547
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250607102506NAL0013246561001, received 2025-06-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250607102506NAL0013246561001, received 2025-06-07
Employer share of total contributions
27.9%
Higher than 40% of the 2,459 plans $250M to 1B that report it.
= $10,261,074 / $36,813,989
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250607102506NAL0013246561001, received 2025-06-07
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250607102506NAL0013246561001, received 2025-06-07
Employer match
“The Prologis 401(k) Plan (the “401(k) Plan”) includes a matching employer contribution of $0.50 for every dollar contributed by an employee, up to 12% of the employee’s annual compensation (within the statutory compensation limit).”
Form 10-K filed 2026-02-13, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Vesting
“In the 401(k) Plan, vesting in the matching employer contributions is based on the employee's years of service, with 100% vesting at the completion of one year of service.”
Form 10-K filed 2026-02-13, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2A age/service-weighted · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · 3D IRS pre-approved plan · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250607102506NAL0013246561001, received 2025-06-07
| Field | Value | Source |
|---|---|---|
| Plan sponsor | PROLOGIS L.P. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Plan name | PROLOGIS 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Sponsor EIN / plan number | 94-3285362 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Sponsor location | DENVER, CO | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Industry (business code) | 531120, Real estate and rental and leasing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Filing received | 2025-06-07 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Participants, beginning of year | 2,766 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Active participants | 1,478 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Participants, end of year | 2,597 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Participants with an account balance | 2,547 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Total assets, beginning of year | $468,487,289 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Total assets, end of year | $519,667,208 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Net assets, end of year | $519,667,208 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Total income | $96,108,618 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Net income | $51,179,920 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Employer contributions | $10,261,074 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Participant contributions | $21,592,540 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Other contributions (incl. rollovers) | $4,960,375 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Total contributions | $36,813,989 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Benefit payments | $44,695,970 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Total expenses (incl. benefit payments) | $44,928,698 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Total administrative expenses | $185,004 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Contract administrator fees | $900 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Recordkeeping fees | $162,830 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Investment advisory and management fees | $21,274 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Administrative expenses excluding investment management | $163,730 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Held in common/collective trusts | $341,639,587 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Held in mutual funds | $107,427,713 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250607102506NAL0013246561001, received 2025-06-07 |
| Independent auditor | BDO USA, P.C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250607102506NAL0013246561001, received 2025-06-07 |
Position = column in the DOL layout for form year 2024. Filing 20250607102506NAL0013246561001, received 2025-06-07.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $165,302 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $21,274 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250607102506NAL0013246561001, received 2025-06-07.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $468,487,289 | $519,667,208 | 10.9% |
| Participants with a balance | 2,720 | 2,547 | -6.4% |
| Administrative expenses | $185,032 | $185,004 | -0.0% |
| Recordkeeping fees per participant | $65.69 | $63.93 | -2.7% |
| Employer contributions | $9,190,576 | $10,261,074 | 11.6% |
Prior filing 20240607161109NAL0023942897001, received 2024-06-07; the plan years are contiguous.
Sponsor name as filed: PROLOGIS L.P.; SEC registrant: Prologis, L.P. (CIK 1045610, matched by EIN; display name from the Form 10-K cover).