401(k) · DOL Form 5500 · 2023

Praxis Holding, LLC 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
835
Participants Near avg headcount
43rd
Percentile by assets National rank
$5,650
Avg per participant Low balance/head
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Official DOL plan name: Praxis Packaging 401(k) Plan · Sponsored by Praxis Holding, LLC · Michigan · Administrative & Support Services

$5M in assets, 835 participants

Praxis Holding, LLC's Praxis Packaging 401(k) Plan reported $5M in total assets and 835 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.

  • #2,888 in Administrative & Support Services (4,372 peers)

Administrative & Support Services sector rank

Within Administrative & Support Services, Praxis Packaging 401(k) Plan ranks #2,888 of 4,372 2023 filers by assets (612% of the sector average)-$5M for 835 participants.

#2,888
in Administrative & Support Services (4,372 peers)
+4.6%
assets growth YoY

Praxis Packaging 401(k) Plan's mid-pack asset rank among Administrative & Support Services and all filers

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

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

$4,717,604 43rd percentile higher than 43% 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 Packaging 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 Packaging 401(k) Plan sits mid-pack in the medium band (835 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Praxis Packaging 401(k) Plan reported net income rose from -$254K in the plan year 2022 filing to $206K in the plan year 2023 filing.
  • Praxis Packaging 401(k) Plan reported participants fell from 997 in the plan year 2022 filing to 835 in the plan year 2023 filing.
  • Praxis Packaging 401(k) Plan end-of-year assets rose from $5M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 883355641 · Praxis Holding, LLC PY 2023 · 401(k)

Praxis Packaging 401(k) Plan · $5M · 835 · 43rd

  • PHOTO $5M
  • PHOTO 835
  • PHOTO 43rd
  • PHOTO 401(k)
  • PHOTO near Luther Memorial Home 401(k) Plan
  • PHOTO ind #2888

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 Administrative & Support Services retirement plans → · Plans in Michigan →

Praxis Packaging 401(k) Plan in the asset neighbourhood

Praxis Packaging 401(k) Plan$5MLuther Memorial Home 401(k) PlanLuther Memorial Home 401(k) …$5MLacerta Group, LLC 401(k) PlanLacerta Group, LLC 401(k) Pl…$5MTrailhead Homes Retirement PlanTrailhead Homes Retirement P…$5MThe Kinamed, Inc. 401(k) Profit Sharing Plan and TrustThe Kinamed, Inc. 401(k) Pro…$5M
End-of-year total assets ($M) among Praxis Packaging 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Administrative & Support Services filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$206K
Employer EIN883355641
Plan Effective Date2022-11-11
Filing StatusFILING RECEIVED

Sponsor Plan History (Praxis Holding, LLC)

Sponsor-wide plan assets over time

All Praxis Holding, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$6M 26.449554096731433% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M$6M 202220232024 $4.51M $5.71M ▲ +26.6%
Year Plans Participants Total Assets
2022 1 997 $5M
2023 1 835 $5M
2024 1 651 $6M

Nearby 401(k) Plans in Michigan

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

Praxis Packaging 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Praxis Packaging 401(k) Plan, Total assets ($B): 0.004717604 · Participants: 835Praxis Packaging 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Praxis Packaging 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Praxis Packaging 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Luther Memorial Home 401(k) Plan in ND ($5M); by covered participants it is Basis Global Technologies, Inc. 401(k) Savings Plan in IL (835 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Similar participant headcount

Nearest other-state filings by covered participants (835 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 Packaging 401(k) Plan assets move in 2023? ▼
Praxis Packaging 401(k) Plan edged up modestly - up 4.6% during 2023, from $5M to $5M. Reported net income was $206K.
How have Praxis Holding, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Praxis Holding, LLC's sponsor-wide assets grew 26.4%, from $5M to $6M.
Which 401(k) plans are similar in size to Praxis Packaging 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Luther Memorial Home 401(k) Plan in ND ($5M, 98 participants).
Which 401(k) plans cover a similar participant headcount to Praxis Packaging 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Basis Global Technologies, Inc. 401(k) Savings Plan in IL (835 participants, $80M 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 883355641.

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.