Praxis Packaging 401(K) Plan — Form 5500 plan (Praxis Holding, LLC)

Plain-English plan 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, Praxis Packaging 401(K) Plan is a benefit plan reported by Praxis Holding, LLC under EIN 88-3355641 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,005 participants and $4,717,604 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.7MPlan net assets, end of year$4,717,604
Participants1KCovered participants reported1,005
Assets / participant$4.7KComputed: assets ÷ participants$4,694 (computed)
Provider compensation$45.3K3 Schedule C provider row(s)$45,288
Plan sponsor
Praxis Holding, LLC
EIN
88-3355641
Plan number
001
Plan type
2
Location
Grand Rapids, MI
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    1,005 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$4.7M total assets
Net assets$4.7MLiabilities
Money in vs. money out
Total income / additions$1.2M
Total expenses$951.3K
Benefits paid / distributions$887.3K
Contributions
EmployerNot reported
Participant$446.3K
Full reported line items

Net assets

Total assets (EOY)
$4,717,604
Net assets (EOY)
$4,717,604
Net assets (BOY)
$4,511,853

Income & contributions

Participant contributions
$446,344
Total contributions
$446,344
Total income / additions
$1,157,029

Expenses & distributions

Benefits paid
$887,287
Administrative expenses
$45,288
Total expenses
$951,278
Net increase / (decrease)
$205,751
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets20%Computed ratio
Benefits paid ÷ total income77%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    RECORDKEEPER · Direct $25.7K · Indirect $0
  2. 2
    INVESTMENT ADVISOR · Direct $19.6K
  3. 3
    SECURITIES BROKER · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the Praxis Packaging 401(K) Plan?
Praxis Packaging 401(K) Plan is reported as sponsored by Praxis Holding, LLC (EIN 88-3355641, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Praxis Packaging 401(K) Plan?
The latest Form 5500 filing year loaded for Praxis Packaging 401(K) Plan is 2023.
How many participants does Praxis Packaging 401(K) Plan report?
Praxis Packaging 401(K) Plan reports 1,005 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Praxis Packaging 401(K) Plan?
Praxis Packaging 401(K) Plan reports $4,717,604 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages