401(k) · DOL Form 5500 · 2023

Suburban Propane L.P. 401(k) Plan

Data updated 2026-08-25

$235M
Total assets Near avg plan size
3,351
Participants Above avg headcount
95th
Percentile by assets National rank
$70,228
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Suburban Propane Retirement Savings and Investment Plan · Sponsored by Suburban Propane L.P. · New Jersey · Retail Trade

$235M in assets, 3,351 participants

Suburban Propane L.P.'s Suburban Propane Retirement Savings and Investment Plan reported $235M in total assets and 3,351 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,194 in Retail Trade (8,414 peers)

Coverage in New Jersey

Suburban Propane Retirement Savings and Investment Plan covers 3,351 participants in New Jersey, 4.0x the typical New Jersey plan (state average ~844 per filing). Assets: $235M.

#8,194
in Retail Trade (8,414 peers)
+11.6%
assets growth YoY
2.4×
vs typical plan assets (national mean)

Suburban Propane Retirement Savings and Investment Plan's outsized position by total assets

Suburban Propane Retirement Savings and Investment Plan vs every filed plan by assets

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

$235,332,865 Top 5% higher than 95% 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

Suburban Propane Retirement Savings and Investment Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Suburban Propane Retirement Savings and Investment Plan lands in the large band (3,351 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Suburban Propane Retirement Savings and Investment Plan reported net income rose from -$39M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Suburban Propane Retirement Savings and Investment Plan end-of-year assets rose from $211M in the plan year 2022 filing to $235M in the plan year 2023 filing.
  • Suburban Propane Retirement Savings and Investment Plan reported participants rose from 3,276 in the plan year 2022 filing to 3,351 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 223410352 · Suburban Propane L.P. PY 2023 · 401(k)

Suburban Propane Retirement Savings and Investment Plan · $235M · 3,351 · 95th

  • EIN $235M
  • EIN 3,351
  • EIN 95th
  • EIN 401(k)
  • EIN near Sleep Number Profit Sharing and 401(k) Plan
  • EIN ind #8194

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 Retail Trade retirement plans → · Plans in New Jersey →

Suburban Propane Retirement Savings and Investment Plan in the asset neighbourhood

Sleep Number Profit Sharing and 401(k) PlanSleep Number Profit Sharing …$235MSuburban Propane Retirement Savings and Investment PlanSuburban Propane Retirement …$235MCentier Bank Associates' Stock Ownership and 401(k) PlanCentier Bank Associates' Sto…$235MBricklayers and Trowel Trades Int'l Retirement Savings PlanBricklayers and Trowel Trade…$235MOmni Hotels 401(k) Retirement Savings PlanOmni Hotels 401(k) Retiremen…$235M
End-of-year total assets ($M) among Suburban Propane Retirement Savings and Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$211M
Net Assets (End of Year)$235M
Net Income$25M
Employer EIN223410352
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Suburban Propane L.P.)

Sponsor-wide plan assets over time

All Suburban Propane L.P. plans reported in each filing year

Latest sponsor-wide plan assets
$306M 13.448037754664256% vs 2022
2024 filing year
$260M$280M$300M$320M 202220232024 $270M $306M ▲ +13.5%
Year Plans Participants Total Assets
2022 2 3,522 $270M
2023 2 3,576 $292M
2024 2 3,570 $306M

Nearby 401(k) Plans in New Jersey

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

Suburban Propane Retirement Savings and Investment Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Suburban Propane Retirement Savings and Investment Plan, Total assets ($B): 0.235332865 · Participants: 3351Suburban Propane Retirement Savings and Investment PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Suburban Propane Retirement Savings and Investment Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Suburban Propane Retirement Savings and Investment Plan side-by-side with 3 peers →

Suburban Propane Retirement Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Sleep Number Profit Sharing and 401(k) Plan in MN ($235M); by covered participants it is Team, Inc. Salary Deferral Plan and Trust in TX (3,351 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,351 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 Suburban Propane Retirement Savings and Investment Plan assets move in 2023? ▼
Suburban Propane Retirement Savings and Investment Plan grew at a solid clip - up 11.6% during 2023, from $211M to $235M. Reported net income was $25M.
How have Suburban Propane L.P. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Suburban Propane L.P.'s sponsor-wide assets grew 13.4%, from $270M to $306M.
Where does Suburban Propane Retirement Savings and Investment Plan rank by assets among Form 5500 filers? ▼
Suburban Propane Retirement Savings and Investment Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Suburban Propane Retirement Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sleep Number Profit Sharing and 401(k) Plan in MN ($235M, 5,118 participants).
Which 401(k) plans cover a similar participant headcount to Suburban Propane Retirement Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Team, Inc. Salary Deferral Plan and Trust in TX (3,351 participants, $324M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 223410352.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.