401(k) · DOL Form 5500 · 2023

Praxis Precision Medicines, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
109
Participants Small participant base
63rd
Percentile by assets National rank
$109,918
Avg per participant Below avg balance/head
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Official DOL plan name: Praxis 401(k) Plan · Sponsored by Praxis Precision Medicines, Inc. · Massachusetts · Professional & Technical Services

$12M in assets, 109 participants

Praxis Precision Medicines, Inc.'s Praxis 401(k) Plan reported $12M in total assets and 109 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • #12,520 in Professional & Technical Services (20,321 peers)

Coverage in Massachusetts

Praxis 401(k) Plan covers 109 participants in Massachusetts, about 17% of the average Massachusetts filer (state average ~659 per filing). Assets: $12M.

#12,520
in Professional & Technical Services (20,321 peers)
+48.1%
assets growth YoY

Praxis 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Praxis 401(k) Plan vs every filed plan by assets

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

$11,981,013 Top 37% higher than 63% 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 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 401(k) Plan sits mid-pack in the medium band (109 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Praxis 401(k) Plan reported net income rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Praxis 401(k) Plan end-of-year assets rose from $8M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Praxis 401(k) Plan reported participants fell from 115 in the plan year 2022 filing to 109 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 475195942 · Praxis Precision Medicines, Inc. PY 2023 · 401(k)

Praxis 401(k) Plan · $12M · 109 · 63rd

  • TYPE $12M
  • NET 109
  • BOOK 63rd
  • VS-ST 401(k)
  • BOY near Bridge Homecare Partners LLC 401(k) Profit Sharing Plan
  • SCH ind #12520

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 Professional & Technical Services retirement plans → · Plans in Massachusetts →

Praxis 401(k) Plan in the asset neighbourhood

Praxis 401(k) Plan$12MBridge Homecare Partners LLC 401(k) Profit Sharing PlanBridge Homecare Partners LLC…$12MSportime Retirement Plan$12MSalina Health Education Foundation, Inc. 403b Plan & TrustSalina Health Education Foun…$12MStork H&e Turbo Blading, Inc. 401(k) PlanStork H&e Turbo Blading, Inc…$12M
End-of-year total assets ($M) among Praxis 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$12M
Net Income$4M
Employer EIN475195942
Plan Effective Date2019-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Praxis Precision Medicines, Inc.)

Sponsor-wide plan assets over time

All Praxis Precision Medicines, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 115.5222279470433% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $8.09M $17.4M ▲ +115.5%
Year Plans Participants Total Assets
2022 1 115 $8M
2023 1 109 $12M
2024 1 79 $17M

Nearby 401(k) Plans in Massachusetts

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

Praxis 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Praxis 401(k) Plan, Total assets ($B): 0.011981013 · Participants: 109Praxis 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Praxis 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Praxis 401(k) Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Bridge Homecare Partners LLC 401(k) Profit Sharing Plan in OH ($12M); by covered participants it is Mcmanis & Monsalve Associates Profit Sharing Plan in MD (109 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (109 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 401(k) Plan assets move in 2023? ▼
Praxis 401(k) Plan surged - up 48.1% during 2023, from $8M to $12M. Reported net income was $4M.
How have Praxis Precision Medicines, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Praxis Precision Medicines, Inc.'s sponsor-wide assets grew 115.5%, from $8M to $17M.
Which 401(k) plans are similar in size to Praxis 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bridge Homecare Partners LLC 401(k) Profit Sharing Plan in OH ($12M, 139 participants).
Which 401(k) plans cover a similar participant headcount to Praxis 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mcmanis & Monsalve Associates Profit Sharing Plan in MD (109 participants, $7M 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 475195942.

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.