Plan Ledger DOL Form 5500 · updated monthly

Suburban Propane L.P.401(k)

SUBURBAN PROPANE RETIREMENT SAVINGS AND INVESTMENT PLAN · WHIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.19%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Suburban Propane L.P. reported $474,576 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $1,314 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 190th-largest of 2,419 plans among New Jersey employers on file, and the 181st of 5,215 in retail trade. In 2024, employees put in $3.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$254,032,728
Participants with balances4,327
Active participants3,361
Employer contributions$4,416,629
Employee contributions$14,533,129
Employer contribution per active participant$1,314
Average account balance$58,709
Benefits paid to participants$28,740,392
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$254.0M · 4,327 accts · $4.4M emplr
2023$235.3M · 4,398 accts · $4.3M emplr
2022$210.8M · 4,377 accts · $4.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$229,657
Investment management$208,544
Audit (IQPA)$36,375
Total administrative$474,576
The Suburban Propane L.P. 401(k) match · 2024
Employer contribution per active participant$1,314
Median for plans this size$3,635
2024$1,314 per active participant
2023$1,277 per active participant
2022$1,223 per active participant

Suburban Propane L.P.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
T ROWE PRICE RPS INC · Recordkeeping · Trustee$230,854
EDELMAN FINANCIAL ENGINES · Investment advisory (participants)$152,264
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$56,280
COHNREZNICK LLP · Accounting / audit$36,375

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$474,576 · 0.19%
2023$490,488 · 0.22%
2022$465,298 · 0.20%
Same employer
Similar plansRetail Trade · New Jersey
Premium Brands Services LLC NJ$382.6M · 0.15%
Kering Americas, Inc NJ$344.9M · 0.07%
Sparc Group LLC NJ$341.8M · 0.20%
Party City Holdings Inc. NJ$284.9M · 0.31%
H&M Fashion USA, Inc. NJ$141.6M · 0.11%
The Children's Place, Inc. NJ$129.9M · 0.19%
Village Super Market, Inc. NJ$105.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223410352 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.