401(k) · DOL Form 5500 · 2024

Suburban Propane L.P. 401(k) Plan

Data updated 2026-08-25

$254M
Total assets Near avg plan size
3,381
Participants Above avg headcount
95th
Percentile by assets National rank
$75,135
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

$254M in assets, 3,381 participants

Suburban Propane L.P.'s Suburban Propane Retirement Savings and Investment Plan reported $254M in total assets and 3,381 participants in its 2024 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.

  • #7,825 in Retail Trade (8,048 peers)

Coverage in New Jersey

Suburban Propane Retirement Savings and Investment Plan covers 3,381 participants in New Jersey, 4.0x the typical New Jersey plan (state average ~844 per filing). Assets: $254M.

#7,825
in Retail Trade (8,048 peers)
+7.9%
assets growth YoY
2.5×
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 2024 · DOL Form 5500

$254,032,728 Top 5% higher than 95% of 123,620 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 2024

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

Plan-year 2024 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 (3,381 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Suburban Propane Retirement Savings and Investment Plan reported net income fell from $25M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Suburban Propane Retirement Savings and Investment Plan end-of-year assets rose from $235M in the plan year 2023 filing to $254M in the plan year 2024 filing.
  • Suburban Propane Retirement Savings and Investment Plan reported participants rose from 3,351 in the plan year 2023 filing to 3,381 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 223410352 · Suburban Propane L.P. PY 2024 · 401(k)

Suburban Propane Retirement Savings and Investment Plan · $254M · 3,381 · 95th

  • RANK $254M
  • RANK 3,381
  • RANK 95th
  • RANK 401(k)
  • RANK near Border States Electric Supply 401(k) Plan
  • RANK ind #7825

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

Suburban Propane Retirement Savings and Investment PlanSuburban Propane Retirement …$254MBorder States Electric Supply 401(k) PlanBorder States Electric Suppl…$254MJensen Hughes 401(k) Plan$254MRetirement Plan of the IBEW Local 76 Retirement TrustRetirement Plan of the IBEW …$254MFacey Medical Group, a Medical Corporation Retirement Savings PlanFacey Medical Group, a Medic…$254M
End-of-year total assets ($M) among Suburban Propane Retirement Savings and Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$235M
Net Assets (End of Year)$254M
Net Income$19M
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 -200204060 Total assets ($B) Participants Suburban Propane Retirement Savings and Investment Plan, Total assets ($B): 0.254032728 · Participants: 3381Suburban Propane Retirement Savings and Investment PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Suburban Propane Retirement Savings and Investment Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

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 Border States Electric Supply 401(k) Plan in ND ($254M); by covered participants it is Apex Systems, LLC 401(k) Plan in VA (3,381 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,381 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Suburban Propane Retirement Savings and Investment Plan grew at a solid clip - up 7.9% during 2024, from $235M to $254M. Reported net income was $19M.
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 123,622 plans that reported assets for plan year 2024 (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 Border States Electric Supply 401(k) Plan in ND ($254M, 3,095 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 Apex Systems, LLC 401(k) Plan in VA (3,381 participants, $479M in assets).