Suburban Propane 401(k) match, vesting and fees
What Suburban Propane's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | T Rowe Price Rps Inc | Schedule C ↗ |
| Independent auditor | Cohnreznick, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 479 defined-contribution plans in retail trade with 1,000 to 4,999 participants.
| Suburban Propane: employer contribution per participant | $1,021 | |
| Peer median | $1,023 |
| Suburban Propane: average balance | $58,709 | |
| Peer median | $43,395 |
| Suburban Propane: admin expenses ÷ assets | 0.19% | |
| Peer median | 0.23% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $250M at the end of plan year 2021 to $254M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,663 | $254M | $4.4M | $1,021 | 0.19% | Not published | Form 5500 ↗ |
| 2023 | 4,725 | $235M | $4.3M | $984 | 0.22% | Not published | Form 5500 ↗ |
| 2022 | 4,695 | $211M | $4.1M | $936 | 0.20% | Not published | Form 5500 ↗ |
| 2021 | 4,575 | $250M | $3.9M | $903 | 0.20% | Not published | Form 5500 ↗ |
Other Suburban Propane plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Pension Plan for Eligible Employees of Suburban Propane L.P. and Subsidiaries
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Pension Benefit Information, LLC | Schedule C ↗ |
| Independent auditor | Cohnreznick LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Suburban Propane match 401(k) contributions?
The match terms for the Suburban Propane Retirement Savings and Investment Plan have not been published from its filing yet. The plan year 2024 filing reports $4.4M in employer contributions, about $1,021 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Suburban Propane 401(k) match vested?
The vesting schedule for the Suburban Propane Retirement Savings and Investment Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Suburban Propane 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is T Rowe Price Rps Inc. The plan administrator is Benefits Administration Committee Suburban Propane, L.P..
I left Suburban Propane. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Benefits Administration Committee Suburban Propane, L.P., (973) 887-5300) or the recordkeeper, T Rowe Price Rps Inc. The Suburban Propane old 401(k) page lists the contacts from every plan filing. Find an old Suburban Propane 401(k)
Data from the public Form 5500 annual reports Suburban Propane filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Suburban Propane. Not financial advice. Report a correction · Methodology