2023 Form 5500 filing — Desktop Metal Retirement Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241003110441NAL0017533696004) for Desktop Metal Retirement Plan, reported by Desktop Metal, Inc. under EIN 47-4947659 and plan number 001. It reports 381 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$30.4MReported net assets$30,401,564
Participants381
Provider compensation$35.6K3 Schedule C row(s)$35,577
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241003110441NAL0017533696004
Plan sponsor
Desktop Metal, Inc.
EIN
47-4947659
Plan number
001
Location
Burlington, MA
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$30.4M total assets
Net assets$30.4MLiabilities$32.6K
Money in vs. money out
Total income / additions$6.6M
Total expenses$1.8M
Benefits paid / distributions$1.8M
Contributions
Employer$0
Participant$2.9M
Full reported line items
Total assets (EOY)
$30,434,163
Total liabilities (EOY)
$32,599
Net assets (EOY)
$30,401,564
Employer contributions
$0
Participant contributions
$2,881,677
Total income / additions
$6,646,460
Benefits paid
$1,776,271
Administrative expenses
$35,577
Total expenses
$1,825,973
Net increase / (decrease)
$4,820,487
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RECORDKEEPER · Direct $15.9K · Indirect $0
  2. 2
    ADVISOR · Direct $14.7K · Indirect $0
  3. 3
    ADVISOR · Direct $5K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241003110441NAL0017533696004 cover?
It is the 2023 Form 5500 filing for Desktop Metal Retirement Plan, reported by Desktop Metal, Inc. (EIN 47-4947659).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages