401(k) · DOL Form 5500 · 2024

Praxis Precision Medicines, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
79
Participants Small participant base
68th
Percentile by assets National rank
$220,640
Avg per participant Above 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

$17M in assets, 79 participants

Praxis Precision Medicines, Inc.'s Praxis 401(k) Plan reported $17M in total assets and 79 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.

  • #13,462 in Professional & Technical Services (20,173 peers)

Praxis Precision Medicines, Inc. multi-year trail

Praxis Precision Medicines, Inc.'s plans moved +115.5% in assets from 2022 to 2024; this filing shows Praxis 401(k) Plan at $17M / 79 participants.

#13,462
in Professional & Technical Services (20,173 peers)
+45.5%
assets growth YoY

Praxis 401(k) Plan's outsized position by total assets

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$17,430,552 Top 32% higher than 68% of 123,620 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 2024

Praxis 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Praxis 401(k) Plan is a small filing (79 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Praxis 401(k) Plan end-of-year assets rose from $12M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Praxis 401(k) Plan reported net income rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Praxis 401(k) Plan reported participants fell from 109 in the plan year 2023 filing to 79 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 475195942 · Praxis Precision Medicines, Inc. PY 2024 · 401(k)

Praxis 401(k) Plan · $17M · 79 · 68th

  • VS-ST $17M
  • VS-ST 79
  • VS-ST 68th
  • VS-ST 401(k)
  • VS-ST near Novolex Te 401(k) Plan
  • VS-ST ind #13462

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$17MNovolex Te 401(k) Plan$17MCitiustech 401(k) Plan$17MTelgian Profit Sharing Plan$17MMidwestern Pet Food, Inc. 401(k) Profit Sharing PlanMidwestern Pet Food, Inc. 40…$17M
End-of-year total assets ($M) among Praxis 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Praxis Precision Medicines, Inc. multi-year asset trail

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

Praxis Precision Medicines, Inc. filing trail (2024)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$17M
Net Income$5M
Employer EIN475195942
Plan Effective Date2019-08-01
Filing StatusFILING RECEIVED

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): 0.017430552 · Participants: 79Praxis 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Praxis 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

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

Outside Massachusetts, the nearest 401(k) by assets is Novolex Te 401(k) Plan in SC ($17M); by covered participants it is Cvca 401(k)Plan in VA (79 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (79 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Praxis 401(k) Plan surged - up 45.5% during 2024, from $12M to $17M. Reported net income was $5M.
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 Novolex Te 401(k) Plan in SC ($17M, 999 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 Cvca 401(k)Plan in VA (79 participants, $17M in assets).