Praxis Corporation 401(k) Plan (terminated 2015): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2015, when $11.3 million was transferred out of the plan. Assets moved to the IKE GROUP INC. 401(K) PROFIT SHARING PLAN (sponsored by IKE GROUP INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Praxis Corporation 401(k) Plan Facts (plan year 2015)

Plan name
PRAXIS CORPORATION 401(K) PROFIT-SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PRAXIS CORPORATION
Participants
181
Former employees with a balance
0
Employer contributions
$130,117 in plan year 2015 (7% of all contributions)
Plan year
Jan 1, 2015 – Dec 31, 2015
Plan established
Jan 1, 1978
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2015 (Jan 1, 2015 – Dec 31, 2015), filed Oct 10, 2016. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2015

  • $1.93 million went into the plan in contributions, $130,117 of it from the employer (7%).
  • $401,528 was paid out to participants.

How the Praxis Corporation 401(k) changed, 2010–2015

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2010143$5.14 million$50,038$99,160
2011145$5.27 million$65,101$579,205
2012147$6.61 million$69,888$92,994
2013164$8.49 million$132,952$359,816
2014171$9.89 million$129,293$176,976
2015 (final)181$0$130,117$401,528

Praxis Corporation 401(k) Contact Information

Phone
808-942-8108
Mailing address
1585 KAPIOLANI BLVD, SUITE 1800, HONOLULU HI 968144500
Plan sponsor
PRAXIS CORPORATION
Employer identification number (EIN)
99-0276109
Plan number
001

Questions about the Praxis Corporation 401(k)

Is the Praxis Corporation 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2015. Its assets were transferred to the IKE GROUP INC. 401(K) PROFIT SHARING PLAN.

Does Praxis Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2015 the employer contributed $130,117, 7% of all contributions.

Does the Praxis Corporation 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Praxis Corporation 401(k) plan?

181 participants at the start of plan year 2015.

Who manages the Praxis Corporation 401(k) accounts?

Vanguard is the plan's recordkeeper, which is where participants log in to see their balance.

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