Praxis offers a flexible 401(k) plan that allows you to save on taxes today while saving for retirement for the longer term, or if you prefer, you can set aside money via our Roth feature that lets you pay taxes now and take your contributions and earnings tax free later. Our unique employer contribution lets you share in company profits without requiring you to make a contribution at all. While we encourage you to do so, we think sharing our success is the right thing to do! Period.
About Our Data
Employer VerifiedUpdated Nov 6, 202514 employees reported this benefit
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Benefits reviews
1-4 of 4 Reviews
4.0
Nov 6, 2025
Anonymous Portfolio Manager
Current
Aberdeen, Maryland
The best thing is they do an equivalent 8% match. The worst thing is it takes time to be vested.
5.0
Mar 31, 2017
Anonymous Engineer
Former
Linthicum, Maryland
Praxis make a profit-sharing contribution to employees 401k. I liked that this didn't require a match because it gives me more choice on how to invest my money for retirement.
5.0
May 12, 2016
Anonymous employee
Former
Annapolis Junction, Maryland
Generous discretionary company contribution of 7%.
3.0
Sep 16, 2015
Anonymous employee
Current
Annapolis Junction, Maryland
Profit sharing to 401k up to a percentage.
They change plans quite a bit, so you loose the dollar cost averaging benefit if you say with one. I'm really not thrilled that they changed after I had been able to accumulate a respectable number of shares during the recession.