401(k) · DOL Form 5500 · 2024

TROPIC 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets: 229
Participants Below avg headcount: 51st
Percentile by assets National rank: $35,612
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

$8M in assets, 229 participants

TROPIC's Tropic 401(k) Plan reported $8M in total assets and 229 participants in its 2024 DOL Form 5500 filing, ranking in the 51st 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.

#5,519 in Other Services (7,719 peers)

Coverage in New York

Tropic 401(k) Plan covers 229 participants in New York, about 29% of the average New York filer (state average ~798 per filing). Assets: $8M.

#5,519
in Other Services (7,719 peers): +13.0%
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 2024 · DOL Form 5500

$8,155,203 Top 49% higher than 51% of 123,620 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

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

Plan-year 2024 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 (229 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Tropic 401(k) Plan reported net income fell from $5M in the plan year 2023 filing to $938K in the plan year 2024 filing.
Tropic 401(k) Plan reported participants rose from 165 in the plan year 2023 filing to 229 in the plan year 2024 filing.
Tropic 401(k) Plan end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 842466046 · TROPIC PY 2024 · 401(k)

Tropic 401(k) Plan · $8M · 229 · 51st

PCT $8M
EIN 229
RANK 51st
PHOTO 401(k)
IND near Sterling Health Care 401(k) Retirement Plan
EOY ind #5519

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 →

End-of-year total assets ($M) among Tropic 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)	$7M
Net Assets (End of Year)	$8M
Net Income	$938K
Employer EIN	842466046
Plan Effective Date	2021-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (TROPIC)

Latest sponsor-wide plan assets: $8M 13.002956294371263% vs 2023; 2024 filing year

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

IBM 401(k) Plan $60.4B · 52,674
Morgan Stanley 401(k) Plan $22.2B · 53,860
Pfizer Savings Plan $22.0B · 33,309
The Pepsico Savings Plan $14.9B · 137,398
The Goldman Sachs 401(k) Plan $12.8B · 23,227

Compare Tropic 401(k) Plan side-by-side with 3 peers →

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 Sterling Health Care 401(k) Retirement Plan in KY ($8M); by covered participants it is Hunter's Ambulance Savings & Retirement Plan in CT (229 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Sterling Health Care 401(k) Retirement Plan (KY) $8M · 231
The Mursix Corporation Retirement Plan (IN) $8M · 181
Ethos Beauty Partners 401(k) Profit Sharing Plan (NJ) $8M · 122
Utmb Healthcare Systems Retirement Plan (TX) $8M · 488

Similar participant headcount

Nearest other-state filings by covered participants (229 participants); asset peers above are excluded.

Hunter's Ambulance Savings & Retirement Plan (CT) 229 · 0 off
Duke Aerial, Inc. 401(k) Plan (IA) 229 · 0 off
Alpha Measurement Solutions, LLC. (TX) 229 · 0 off
Anderson Equipment Company Retirement Savings Plan (PA) 229 · 0 off

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 Tropic 401(k) Plan assets move in 2024? ▼

Tropic 401(k) Plan grew at a solid clip - up 13.0% during 2024, from $7M to $8M. Reported net income was $938K.

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 Sterling Health Care 401(k) Retirement Plan in KY ($8M, 231 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 Hunter's Ambulance Savings & Retirement Plan in CT (229 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 842466046.