Employers › Simon Property Group
Recordkeeping fees per participant · Simon Property Group and Adopting Entities Matching Savings Plan · plan year 2024
$174.75
Higher than 98% of the 1,697 plans $250M to 1B that report it.
= $669,480 / 3,831
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250716115131NAL0003096353001, received 2025-07-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250716115131NAL0003096353001, received 2025-07-16
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 2025-07-16.
Administrative expenses excluding investment management, per participant
$260.41
Higher than 98% of the 2,324 plans $250M to 1B that report it.
= $997,629 / 3,831
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250716115131NAL0003096353001, received 2025-07-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250716115131NAL0003096353001, received 2025-07-16
Administrative expenses per participant
$303.14
Higher than 96% of the 2,405 plans $250M to 1B that report it.
= $1,161,331 / 3,831
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250716115131NAL0003096353001, received 2025-07-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250716115131NAL0003096353001, received 2025-07-16
Administrative expenses as a share of assets
0.194%
Higher than 92% of the 2,407 plans $250M to 1B that report it.
= $1,161,331 / $597,638,417
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250716115131NAL0003096353001, received 2025-07-16
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250716115131NAL0003096353001, received 2025-07-16
Employer contributions per participant
$3,346
Higher than 54% of the 2,457 plans $250M to 1B that report it.
= $12,818,474 / 3,831
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250716115131NAL0003096353001, received 2025-07-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250716115131NAL0003096353001, received 2025-07-16
Employer share of total contributions
34.4%
Higher than 61% of the 2,459 plans $250M to 1B that report it.
= $12,818,474 / $37,255,815
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250716115131NAL0003096353001, received 2025-07-16
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250716115131NAL0003096353001, received 2025-07-16
Plan terms are described in Simon Property Group, L.P.'s SEC filings: Form 10-K filed 2026-02-25. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250716115131NAL0003096353001, received 2025-07-16
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SIMON PROPERTY GROUP, L.P. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Plan name | SIMON PROPERTY GROUP AND ADOPTING ENTITIES MATCHING SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Sponsor EIN / plan number | 34-1755769 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Sponsor location | INDIANAPOLIS, IN | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Industry (business code) | 531310, Real estate and rental and leasing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Filing received | 2025-07-16 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Participants, beginning of year | 4,630 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Active participants | 3,223 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Participants, end of year | 4,340 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Participants with an account balance | 3,831 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Total assets, beginning of year | $542,909,021 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Total assets, end of year | $597,638,417 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Net assets, end of year | $597,638,417 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Total income | $118,381,019 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Net income | $54,729,396 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Employer contributions | $12,818,474 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Participant contributions | $23,081,121 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Other contributions (incl. rollovers) | $1,356,220 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Total contributions | $37,255,815 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Benefit payments | $62,453,857 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Total expenses (incl. benefit payments) | $63,651,623 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Total administrative expenses | $1,161,331 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Contract administrator fees | $300 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Recordkeeping fees | $669,480 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| IQPA audit fees | $60,825 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Investment advisory and management fees | $163,702 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Administrative expenses excluding investment management | $997,629 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Held in common/collective trusts | $558,765,242 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250716115131NAL0003096353001, received 2025-07-16 |
| Independent auditor | ERNST & YOUNG LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250716115131NAL0003096353001, received 2025-07-16 |
Position = column in the DOL layout for form year 2024. Filing 20250716115131NAL0003096353001, received 2025-07-16.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MERRILL LYNCHrecordkeeper | NONE | 50 Direct payment from the plan; 64 Recordkeeping fees | $365,117 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | NONE | 37 Participant loan processing; 50 Direct payment from the plan; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $303,309 | yes |
| MERCER INVESTMENTS LLC | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $267,024 | no |
| STRATEGIC ADVISORS, INC. | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $163,702 | no |
| ERNST & YOUNG LLP | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $60,825 | 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 20250716115131NAL0003096353001, received 2025-07-16.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $542,909,021 | $597,638,417 | 10.1% |
| Participants with a balance | 3,890 | 3,831 | -1.5% |
| Administrative expenses | $642,714 | $1,161,331 | 80.7% |
| Recordkeeping fees per participant | $64.62 | $174.75 | 170.4% |
| Employer contributions | $12,161,041 | $12,818,474 | 5.4% |
Prior filing 20240826145458NAL0020668002001, received 2024-08-26; the plan years are contiguous.
Sponsor name as filed: SIMON PROPERTY GROUP, L.P.; SEC registrant: SIMON PROPERTY GROUP L P (CIK 1022344, matched by EIN; display name from the Form 10-K cover).