401(k) · DOL Form 5500 · 2023

TROPIC 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
165
Participants Small participant base
52nd
Percentile by assets National rank
$43,738
Avg per participant Low balance/head
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Official DOL plan name: Tropic 401(k) Plan · Sponsored by TROPIC · New York · Other Services

$7M in assets, 165 participants

TROPIC's Tropic 401(k) Plan reported $7M in total assets and 165 participants in its 2023 DOL Form 5500 filing, ranking in the 52nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,620 in Other Services (7,857 peers)

Coverage in New York

Tropic 401(k) Plan covers 165 participants in New York, about 21% of the average New York filer (state average ~798 per filing). Assets: $7M.

#5,620
in Other Services (7,857 peers)
+242.1%
assets growth YoY

Tropic 401(k) Plan's mid-pack asset rank among Other Services and all filers

Tropic 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$7,216,805 Top 48% higher than 52% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Tropic 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tropic 401(k) Plan sits mid-pack in the medium band (165 participants).

DOL schedule card

Filing strip 842466046 · TROPIC PY 2023 · 401(k)

Tropic 401(k) Plan · $7M · 165 · 52nd

  • VS-ST $7M
  • BOY 165
  • SCH 52nd
  • EBSA 401(k)
  • PART near Ratner Steel Supply Company 401(k) Plan
  • TYPE ind #5620

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Other Services retirement plans → · Plans in New York →

Tropic 401(k) Plan in the asset neighbourhood

Tropic 401(k) Plan$7MRatner Steel Supply Company 401(k) PlanRatner Steel Supply Company …$7MThe Union State Bank 401(k) Employee Stock Ownership PlanThe Union State Bank 401(k) …$7MFarmers Union Oil Company of Moorhead 401(k) PlanFarmers Union Oil Company of…$7MThe Rethink Group Inc 401(k) Profit Sharing Plan & TrustThe Rethink Group Inc 401(k)…$7M
End-of-year total assets ($M) among Tropic 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$7M
Net Income$5M
Employer EIN842466046
Plan Effective Date2021-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (TROPIC)

Sponsor-wide plan assets over time

All TROPIC plans reported in each filing year

Latest sponsor-wide plan assets
$8M 13.002956294371263% vs 2023
2024 filing year
$7M$7.5M$8M$8.5M 20232024 $7.22M $8.16M ▲ +13.0%
Year Plans Participants Total Assets
2023 1 165 $7M
2024 1 229 $8M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Tropic 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Tropic 401(k) Plan, Total assets ($B): 0.007216805 · Participants: 165Tropic 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Tropic 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Tropic 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Ratner Steel Supply Company 401(k) Plan in MN ($7M); by covered participants it is Fruitsmart 401(k) Plan in WA (165 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (165 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Tropic 401(k) Plan assets move in 2023?
Tropic 401(k) Plan surged - up 242.1% during 2023, from $2M to $7M. Reported net income was $5M.
How have TROPIC plan assets changed over time?
Across 2 plan years on file (2023-2024), TROPIC's sponsor-wide assets grew 13.0%, from $7M to $8M.
Which 401(k) plans are similar in size to Tropic 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Ratner Steel Supply Company 401(k) Plan in MN ($7M, 134 participants).
Which 401(k) plans cover a similar participant headcount to Tropic 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Fruitsmart 401(k) Plan in WA (165 participants, $3M in assets).