401(k) ยท DOL Form 5500 ยท 2022

Darcars Employees 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$42M
Total assets
1,415
Participants
78th
Percentile by assets

Sponsored by Mariam, Inc. Dba Darcars ยท Maryland ยท Retail Trade

What the 2022 filing shows

Darcars Employees 401(k) Plan holds $42M for 1,415 participants - about $29,849 per participant, in the top quartile of all filed plans by assets, down 15.9% over the 2022 plan year.

$42M
total plan assets (2022 EOY)
1,415
covered participants
78th
percentile by assets (of 84,055 plans)
$29,849
avg assets per participant

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$42M
Participants
1,415
State
Industry
Retail Trade

What the Filing Says About Darcars Employees 401(k) Plan

Darcars Employees 401(k) Plan is a 401(k) retirement plan sponsored by Mariam, Inc. Dba Darcars, headquartered in Maryland. As of the 2022 Form 5500 filing, the plan reports $42M in total end-of-year assets and covers 1,415 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 521245481, and the plan has been effective since 1994-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $50M at the beginning of 2022 to $42M at year-end - a decline of 15.9%. Net assets (after liabilities) closed the year at $42M, with reported net income of $-7,990,743 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$50M
Total Assets (End of Year)$42M
Net Assets (End of Year)$42M
Net Income$-7,990,743
Plan Type401(k)
Employer EIN521245481
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mariam, Inc. Dba Darcars)

Year Plans Participants Total Assets
2022 1 1,415 $42M
2023 1 1,418 $47M
2024 1 1,418 $51M

Nearby 401(k) Plans in Maryland

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Frequently Asked Questions

How much money is in the Darcars Employees 401(k) Plan?
As of the 2022 Form 5500 filing, Darcars Employees 401(k) Plan holds $42M in total assets with 1,415 participants. It is sponsored by Mariam, Inc. Dba Darcars.
What type of plan is Darcars Employees 401(k) Plan?
Darcars Employees 401(k) Plan is a 401(k) plan. It has been effective since 1994-01-01. The plan is filed with the U.S. Department of Labor under EIN 521245481.
Who sponsors the Darcars Employees 401(k) Plan?
Darcars Employees 401(k) Plan is sponsored by Mariam, Inc. Dba Darcars, located in Maryland. The sponsor's EIN is 521245481 and the plan operates in the Retail Trade industry.
How did Darcars Employees 401(k) Plan perform in 2022?
Darcars Employees 401(k) Plan declined by 15.9% during 2022, moving from $50M to $42M in total assets. Net income was $-7,990,743.
Where can I find official filings for Darcars Employees 401(k) Plan?
Official Form 5500 filings for Darcars Employees 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 521245481 or plan name at efast.dol.gov.
How does Darcars Employees 401(k) Plan compare to other plans?
You can compare Darcars Employees 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Maryland on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 521245481.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.