401(k) · DOL Form 5500 · 2023

Suburban Propane L.P. 401(k) Plan

Data updated 2026-08-11

$235M
Total assets: 3,351
Participants: 95th
Percentile by assets: $70,228
Avg per participant

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.

95th percentile by assets (of 127,072 plans)
#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.

$235M
total plan assets (2023 EOY): 3,351
covered participants: 95th
percentile by assets (of 127,072 plans): $70,228
avg assets per participant

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 →

State

New Jersey

Industry

Retail Trade

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Suburban Propane Retirement Savings and Investment Plan reports 3,351 participants - 4.0x that state average ($235M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)	$211M
Net Assets (End of Year)	$235M
Net Income	$25M
Employer EIN	223410352
Plan Effective Date	1994-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Suburban Propane L.P.)

Total plan assets by year, all Suburban Propane L.P. plans on file

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

JPMorgan Chase 401(k) Savings Plan $44.6B · 176,610
Verizon Savings Plan for Management Employees $27.8B · 78,072
Johnson and Johnson Savings Plan $22.2B · 41,291
Ernst & Young Retirement Savings Plan $15.5B · 59,346
Merck US Savings Plan $13.4B · 26,850

Compare Suburban Propane Retirement Savings and … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Suburban Propane Retirement Savings and Investment Plan by total assets, not by location.

Sleep Number Profit Sharing and 401(k) Plan (MN) $235M · 5,118
Centier Bank Associates' Stock Ownership and 401(k) Plan (IN) $235M · 996
Bricklayers and Trowel Trades Int'l Retirement Savings Plan (DC) $235M · 20,565
Omni Hotels 401(k) Retirement Savings Plan (TX) $235M · 13,325

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).

Next read for Suburban Propane Retirement Savings and …

Filing takeaways

Ways to act on Suburban Propane Retirement Savings and Investment Plan's numbers.

By total assets, Suburban Propane Retirement Savings and Investment Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
Suburban Propane L.P.'s sponsor-wide assets have grown 13.4% since 2022 across 3 plan years on file. More Retail Trade plans

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.