401(k) · DOL Form 5500 · 2024

Suburban Propane L.P. 401(k) Plan

Data updated 2026-08-11

$254M
Total assets
3,381
Participants
95th
Percentile by assets
$75,135
Avg per participant
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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.

  • 95th percentile by assets (of 123,622 plans)
  • #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.

$254M
total plan assets (2024 EOY)
3,381
covered participants
95th
percentile by assets (of 123,622 plans)
$75,135
avg assets per participant

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 →

State
Industry

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 3,381 participants - 4.0x that state average ($254M EOY assets).

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.)

$260M$280M$300M$320M 202220232024 $270M $306M ▲ +13.5%
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

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 Ret…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Suburban Propane Retirement Savings and Investment Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

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.

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).

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