Praxis Precision Medicines 401(k) match, vesting and fees

Plan year 2025 filingPraxis 401(k) Plan · Plan 001 · EIN 47-5195942Updated Oct 2026

What Praxis Precision Medicines' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $1.6M in employer contributions, about $7,482 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$119,238
Average account balance
218
Participants (end of year)
$25.2M
Plan assets (end of year)
0.04%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorCaron & Bletzer, PLLC (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 3,569 defined-contribution plans in professional, scientific, and technical services with 100 to 499 participants.

Praxis Precision Medicines: employer contribution per participant$7,482
Peer median$2,719
Praxis Precision Medicines: average balance$119,238
Peer median$85,424
Praxis Precision Medicines: admin expenses ÷ assets0.04%
Peer median0.27%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $5.5M at the end of plan year 2021 to $25.2M at the end of plan year 2025.

$5.5M2021$8.1M2022$12M2023$17.4M2024$25.2M2025
End-of-year figures from each plan year's Form 5500 filing for the Praxis Precision Medicines plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2025218$25.2M$1.6M$7,4820.04%Not publishedForm 5500 ↗
2024176$17.4M$1.2M$6,6750.03%Not publishedForm 5500 ↗
2023153$12M$1M$6,5980.06%Not publishedForm 5500 ↗
2022171$8.1M$1.7M$9,7750.04%Not publishedForm 5500 ↗
2021133$5.5M$879K$7,3210.02%Not publishedForm 5500 ↗

Common questions

Does Praxis Precision Medicines match 401(k) contributions?

The match terms for the Praxis 401(k) Plan have not been published from its filing yet. The plan year 2025 filing reports $1.6M in employer contributions, about $7,482 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Praxis Precision Medicines 401(k) match vested?

The vesting schedule for the Praxis 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Praxis Precision Medicines 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Praxis Precision Medicines, Inc..

I left Praxis Precision Medicines. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Praxis Precision Medicines, Inc., (617) 300-8460) or the recordkeeper, Fidelity Investments Institutional. The Praxis Precision Medicines old 401(k) page lists the contacts from every plan filing. Find an old Praxis Precision Medicines 401(k)

Data from the public Form 5500 annual reports Praxis Precision Medicines filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Praxis Precision Medicines. Not financial advice. Report a correction · Methodology