Praxis Medical Group 401(K) Plan — Form 5500 plan (Praxis Health, P.C.)

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 Medical Group 401(K) Plan is a benefit plan reported by Praxis Health, P.C. under EIN 93-1224010 and plan number 001. The latest loaded filing year is 2023. The filing reports 667 participants and $33,997,010 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Praxis Health, P.C.
EIN
93-1224010
Plan number
001
Plan type
2
Location
Pendleton, OR
Latest filing year
2023
Participants
667
End-of-year plan assets
$33,997,010

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023667H, C20240923153349NAL0011549665001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$33,997,010
Total liabilities (EOY)
$5,843
Net assets (EOY)
$33,991,167
Net assets (BOY)
$31,296,487

Income & contributions

Employer contributions
$438,204
Participant contributions
$3,393,851
Total contributions
$4,052,331
Total income / additions
$9,282,564

Expenses & distributions

Benefits paid
$6,467,021
Administrative expenses
$120,863
Total expenses
$6,587,884
Net increase / (decrease)
$2,694,680

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$46,708$02023
Empower Advisory Group, LLCINVESTMENT MANAGER$30,708$02023
Tpg Financial AdvisorsINVESTMENT ADVISOR$28,192$02023
Premier Retirement Services, Inc.THIRD-PARTY ADMINISTRATOR$8,365$02023

Related Form 5500 pages