Prologis L.P. 401(k) Review & Grade
Prologis 401(k) Savings Plan
Denver, COReal Estate & Rental1,510 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,793Employer $ per active participant
$14,295Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$519.7MNet plan assets, end of year
$204,031Average balance per account
Score breakdown
- Employer generosity47.9 / 5096th percentile for employer $ per participant
- Low cost22.7 / 2591th percentile for low admin cost vs. same-size plans
- Employee saving14.9 / 1599th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score93 / 100 · Grade A
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 96th |
| Lower admin cost | 91th |
| Employee saving | 99th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Corrective distributions: the plan refunded $47,724 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Prologis L.P. put in about $6,793 per active participant, more than the typical peer ($1,279). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $10,261,074 |
| Participant (employee) contributions | $21,592,540 |
| Other contributions (incl. rollovers in) | $4,960,375 |
| Administrative expenses paid from the plan | $185,004 |
| Contract administrator fees | $900 |
| Investment advisory & management fees | $21,274 |
| Benefits paid out | $44,695,970 |
| Net assets, start / end of year | $468.5M / $519.7M |
| Active participants, start / end of year | 1,543 / 1,478 |
| Participants with account balances | 2,547 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bdo USA, P.C. |
| Employer stock held by plan | $39,386,694 |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $165,302 reported compensation |
| Strategic Advisors, Inc. | $21,274 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250607102506NAL0013246561001, received 2025-06-07, EIN 94-3285362, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.