401(k) · DOL Form 5500 · 2022

General Dynamics Corporation 401(k) Plan

Data updated 2026-08-25

$90M
Total assets Below avg plan size
346
Participants Below avg headcount
92nd
Percentile by assets National rank
$259,368
Avg per participant Above avg balance/head
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Official DOL plan name: Praxis Engineering Technologies, Inc. 401(k) Plan · Sponsored by General Dynamics Corporation · Virginia · Manufacturing

$90M in assets, 346 participants

General Dynamics Corporation's Praxis Engineering Technologies, Inc. 401(k) Plan reported $90M in total assets and 346 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • #18,137 in Manufacturing (20,602 peers)

Coverage in Virginia

Praxis Engineering Technologies, Inc. 401(k) Plan covers 346 participants in Virginia, about 44% of the average Virginia filer (state average ~782 per filing). Assets: $90M.

#18,137
in Manufacturing (20,602 peers)
-19.9%
assets change YoY
0.9×
vs typical plan assets (national mean)

The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Praxis Engineering Technologies, Inc. 401(k) Plan's outsized position by total assets

Praxis Engineering Technologies, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$89,741,386 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Praxis Engineering Technologies, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Praxis Engineering Technologies, Inc. 401(k) Plan sits mid-pack in the medium band (346 participants).

Form 5500 schedule snapshot

Filing strip 131673581 · General Dynamics Corporation PY 2022 · 401(k)

Praxis Engineering Technologies, Inc. 401(k) Plan · $90M · 346 · 92nd

  • EOY $90M
  • 5500 346
  • ASSETS 92nd
  • PCT 401(k)
  • EIN near Peet's Coffee & Tea, LLC Savings & Retirement Plan
  • RANK ind #18137

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 Manufacturing retirement plans → · Plans in Virginia →

Praxis Engineering Technologies, Inc. 401(k) Plan in the asset neighbourhood

Ciena Healthcare Management, Inc. 401(k) PlanCiena Healthcare Management,…$90MJefferson City Medical Group, P. C. Profit Sharing PlanJefferson City Medical Group…$90MPraxis Engineering Technologies, Inc. 401(k) PlanPraxis Engineering Technolog…$90MPeet's Coffee & Tea, LLC Savings & Retirement PlanPeet's Coffee & Tea, LLC Sav…$90MSisecam US 401(k) Retirement PlanSisecam US 401(k) Retirement…$90M
End-of-year total assets ($M) among Praxis Engineering Technologies, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$112M
Net Assets (End of Year)$90M
Net Income-$22M
Employer EIN131673581
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Dynamics Corporation)

Sponsor-wide plan assets over time

All General Dynamics Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$33.4B 11.992919867650146% vs 2022
2024 filing year
$28B$30B$32B$34B 202220232024 $29.9B $33.4B ▲ +12.0%
Year Plans Participants Total Assets
2022 16 107,750 $29.9B
2023 14 115,717 $32.7B
2024 11 111,719 $33.4B

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Praxis Engineering Technologies, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Praxis Engineering Technologies, Inc. 401(k) Plan, Total assets ($B): 0.089741386 · Participants: 346Praxis Engineering Technologies, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Praxis Engineering Technologies, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Praxis Engineering Technologies, Inc. 401(k) Plan side-by-side with 3 peers →

Praxis Engineering Technologies, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Peet's Coffee & Tea, LLC Savings & Retirement Plan in CA ($90M); by covered participants it is The International Companies Savings and Profit Sharing Plan in MO (346 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (346 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Praxis Engineering Technologies, Inc. 401(k) Plan assets move in 2022? ▼
Praxis Engineering Technologies, Inc. 401(k) Plan declined sharply - down 19.9% during 2022, from $112M to $90M. Reported net income was -$22M.
How have General Dynamics Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), General Dynamics Corporation's sponsor-wide assets grew 12.0%, from $29.9B to $33.4B.
Where does Praxis Engineering Technologies, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Praxis Engineering Technologies, Inc. 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Praxis Engineering Technologies, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Peet's Coffee & Tea, LLC Savings & Retirement Plan in CA ($90M, 4,536 participants).
Which 401(k) plans cover a similar participant headcount to Praxis Engineering Technologies, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The International Companies Savings and Profit Sharing Plan in MO (346 participants, $39M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 131673581.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.