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PRAXIS 401(K) PLAN 401k Plan overview

Plan NamePRAXIS 401(K) PLAN
Plan identification number 001

PRAXIS 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

PRAXIS CUSTOM SYSTEM DESIGN & INTEGRATION, INC. has sponsored the creation of one or more 401k plans.

Company Name:PRAXIS CUSTOM SYSTEM DESIGN & INTEGRATION, INC.
Employer identification number (EIN):522354880
NAIC Classification:541512
NAIC Description:Computer Systems Design Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRAXIS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01KATHY GAUSTAD2024-08-21
0012022-01-01KATHY GAUSTAD2023-08-15
0012021-01-01KATHY GAUSTAD2022-05-26
0012020-01-01KATHY GAUSTAD2021-05-20
0012019-01-01KATHY GAUSTAD2020-07-07
0012018-01-01KATHY GAUSTAD2019-07-25
0012017-01-01KATHY GAUSTAD2018-10-10
0012016-01-01KATHY GAUSTAD2017-10-11 KATHY GAUSTAD2017-10-11
0012015-01-01
0012014-01-01KATHY GAUSTAD2015-09-22 KATHY GAUSTAD2015-09-22
0012013-01-01KATHY GAUSTAD2014-09-08 KATHY GAUSTAD2014-09-08
0012012-01-01KATHY GAUSTAD2013-07-18 KATHY GAUSTAD2013-07-18
0012011-01-01KATHY GAUSTAD2012-04-25 KATHY GAUSTAD2012-04-25
0012010-01-01KATHY GAUSTAD2011-06-17 KATHY GAUSTAD2011-06-17

Plan Statistics for PRAXIS 401(K) PLAN

401k plan membership statisitcs for PRAXIS 401(K) PLAN

Measure Date Value
2025: PRAXIS 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-05-014
Total number of particpants at end of year2025-05-014
Number of Participants With Account Balances2025-05-014
2024: PRAXIS 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-08-215
Total number of particpants at end of year2024-08-214
Number of Participants With Account Balances2024-08-214
2022: PRAXIS 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-05-265
Total number of particpants at end of year2022-05-265
Number of Participants With Account Balances2022-05-264

Financial Data on PRAXIS 401(K) PLAN

Measure Date Value
2025 : PRAXIS 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-05-010
Total liabilities as of the end of the plan year2025-05-010
Total liabilities as of the beginning of the plan year2025-05-010
Total expenses incurred by plan in this plan year2025-05-010
Net assets as of the end of the plan year2025-05-012012670
Total assets as of the beginning of the plan year2025-05-011775743
Value of plan covered by a fidelity bond2025-05-01385000
Participant contributions to plan in this plan year2025-05-0169178
Other expenses paid from plan in this plan year2025-05-010
Other contributions to plan in this plan year2025-05-010
Other income to plan in this plan year2025-05-01144825
Plan net income in this plan year2025-05-01236927
Net assets as of the end of the plan year2025-05-012012670
Net assets as of the beginning of the plan year2025-05-011775743
Employer contributions to plan in this plan year2025-05-0122924
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-010
2024 : PRAXIS 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-08-210
Net assets as of the end of the plan year2024-08-211775743
Total assets as of the beginning of the plan year2024-08-211488598
Value of plan covered by a fidelity bond2024-08-21385000
Participant contributions to plan in this plan year2024-08-2168065
Other income to plan in this plan year2024-08-21196677
Plan net income in this plan year2024-08-21287145
Net assets as of the end of the plan year2024-08-211775743
Net assets as of the beginning of the plan year2024-08-211488598
Employer contributions to plan in this plan year2024-08-2122403
2022 : PRAXIS 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-05-260
Net assets as of the end of the plan year2022-05-261662664
Total assets as of the beginning of the plan year2022-05-261397314
Value of plan covered by a fidelity bond2022-05-26385000
Participant contributions to plan in this plan year2022-05-2659080
Other expenses paid from plan in this plan year2022-05-260
Other contributions to plan in this plan year2022-05-260
Other income to plan in this plan year2022-05-26186411
Plan net income in this plan year2022-05-26265350
Net assets as of the end of the plan year2022-05-261662664
Net assets as of the beginning of the plan year2022-05-261397314
Employer contributions to plan in this plan year2022-05-2619859
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-260

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