401(k) · DOL Form 5500 · 2023

General Dynamics Corporation 401(k) Plan

Data updated 2026-08-25

$105M
Total assets Near avg plan size
312
Participants Below avg headcount
92nd
Percentile by assets National rank
$335,813
Avg per participant High balance/head
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Official DOL plan name: Praxis Engineering Technologies, LLC 401(k) Plan · Sponsored by General Dynamics Corporation · Virginia · Manufacturing

$105M in assets, 312 participants

General Dynamics Corporation's Praxis Engineering Technologies, LLC 401(k) Plan reported $105M in total assets and 312 participants in its 2023 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.

  • #16,344 in Manufacturing (18,722 peers)

Coverage in Virginia

Praxis Engineering Technologies, LLC 401(k) Plan covers 312 participants in Virginia, about 40% of the average Virginia filer (state average ~782 per filing). Assets: $105M.

#16,344
in Manufacturing (18,722 peers)
+16.8%
assets growth YoY
1.1×
vs typical plan assets (national mean)

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

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

End-of-year total assets · plan year 2023 · DOL Form 5500

$104,773,586 Top 8% higher than 92% of 127,068 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 2023

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

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Praxis Engineering Technologies, LLC 401(k) Plan sits mid-pack in the medium band (312 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Praxis Engineering Technologies, LLC 401(k) Plan reported net income rose from -$22M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Praxis Engineering Technologies, LLC 401(k) Plan end-of-year assets rose from $90M in the plan year 2022 filing to $105M in the plan year 2023 filing.
  • Praxis Engineering Technologies, LLC 401(k) Plan reported participants fell from 346 in the plan year 2022 filing to 312 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 131673581 · General Dynamics Corporation PY 2023 · 401(k)

Praxis Engineering Technologies, LLC 401(k) Plan · $105M · 312 · 92nd

  • EIN $105M
  • EIN 312
  • EIN 92nd
  • EIN 401(k)
  • EIN near Salem Clinic, P.C. 401(k) Cash or Deferred Savings Plan
  • EIN ind #16344

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, LLC 401(k) Plan in the asset neighbourhood

Trax International Corporation Savings and Retirement PlanTrax International Corporati…$105MJohn Moriarty & Associates, Inc. 401(k) Retirement PlanJohn Moriarty & Associates, …$105MPraxis Engineering Technologies, LLC 401(k) PlanPraxis Engineering Technolog…$105MSalem Clinic, P.C. 401(k) Cash or Deferred Savings PlanSalem Clinic, P.C. 401(k) Ca…$105MAir 401(k) Retirement Plan$105M
End-of-year total assets ($M) among Praxis Engineering Technologies, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$90M
Net Assets (End of Year)$105M
Net Income$15M
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, LLC 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Praxis Engineering Technologies, LLC 401(k) Plan, Total assets ($B): 0.104773586 · Participants: 312Praxis Engineering Technologies, LLC 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Praxis Engineering Technologies, LLC 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Praxis Engineering Technologies, LLC 401(k) Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest 401(k) by assets is Salem Clinic, P.C. 401(k) Cash or Deferred Savings Plan in OR ($105M); by covered participants it is Power Auto Inc. 401(k) Plan in OR (312 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (312 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Praxis Engineering Technologies, LLC 401(k) Plan assets move in 2023? ▼
Praxis Engineering Technologies, LLC 401(k) Plan grew sharply - up 16.8% during 2023, from $90M to $105M. Reported net income was $15M.
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, LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
Praxis Engineering Technologies, LLC 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Praxis Engineering Technologies, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Salem Clinic, P.C. 401(k) Cash or Deferred Savings Plan in OR ($105M, 480 participants).
Which 401(k) plans cover a similar participant headcount to Praxis Engineering Technologies, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Power Auto Inc. 401(k) Plan in OR (312 participants, $6M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.