2023 Form 5500 filing — Praxis Medical Group 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240923153349NAL0011549665001) for Praxis Medical Group 401(K) Plan, reported by Praxis Health, P.C. under EIN 93-1224010 and plan number 001. It reports 667 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240923153349NAL0011549665001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Praxis Health, P.C.
- EIN
- 93-1224010
- Plan number
- 001
- Location
- Pendleton, OR
- Participants
- 667
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $33,997,010
- Total liabilities (EOY)
- $5,843
- Net assets (EOY)
- $33,991,167
- Employer contributions
- $438,204
- Participant contributions
- $3,393,851
- Total income / additions
- $9,282,564
- Benefits paid
- $6,467,021
- Administrative expenses
- $120,863
- Total expenses
- $6,587,884
- Net increase / (decrease)
- $2,694,680
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $46,708 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MANAGER | $30,708 | $0 |
| Tpg Financial Advisors | INVESTMENT ADVISOR | $28,192 | $0 |
| Premier Retirement Services, Inc. | THIRD-PARTY ADMINISTRATOR | $8,365 | $0 |