# Farouk A. Raquib, M.D., P.C. 401(k) Plan
Source: https://planprovider.pro/companies/farouk-a-raquib-m-d-p-c-plan

> Farouk A. Raquib, M.D., P.C.'s 401(k) plan: 23 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Farouk A. Raquib, M.D., P.C.

- **Sponsor EIN:** 631120005

- **Sponsor Address:** 928 LAKE COLONY RUN, BIRMINGHAM, AL, 352427418

- **Plan Type:** 401(k)

- **Total Participants:** 23

- **Total Assets:** $5.5M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|23|$5.5M|$54,510|$67,057|

| 2023|29|$4.9M|$34,969|$65,298|

| 2022|17|$4.0M|$65,362|$73,800|

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