Plan Snapshot
- Plan Sponsor: Suburban Propane L.P.
- Sponsor EIN: 223410352
- Sponsor Address: 240 ROUTE 10 WEST, WHIPPANY, NJ, 07981
- Plan Type: 401(k)
- Total Participants: 3,361
- Total Assets: $254.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,361 | $254.0M | $4.4M | $14.5M |
| 2023 | 3,389 | $235.3M | $4.3M | $14.3M |
| 2022 | 3,351 | $210.8M | $4.1M | $13.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| COHNREZNICK, LLP | Auditor | $36,375 | — | $36,375 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,375
- Estimated Expense Ratio: 0.014% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $474,576 | $208,544 | — | $36,375 | — |
| 2023 | $490,488 | $230,800 | — | $34,600 | — |
| 2022 | $465,298 | $204,056 | — | — | $33,000 |