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Recordkeeping fees per participant · Desktop Metal Retirement Plan · plan year 2024
$55.11
Higher than 38% of the 14,075 plans $10 to 50M that report it.
= $23,971 / 435
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251006153838NAL0002224803002, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006153838NAL0002224803002, received 2025-10-06
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-06.
Administrative expenses excluding investment management, per participant
$120.74
Higher than 51% of the 24,371 plans $10 to 50M that report it.
= $52,521 / 435
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251006153838NAL0002224803002, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006153838NAL0002224803002, received 2025-10-06
Administrative expenses per participant
$202.92
Higher than 51% of the 25,098 plans $10 to 50M that report it.
= $88,270 / 435
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251006153838NAL0002224803002, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006153838NAL0002224803002, received 2025-10-06
Administrative expenses as a share of assets
0.278%
Higher than 48% of the 25,132 plans $10 to 50M that report it.
= $88,270 / $31,707,764
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251006153838NAL0002224803002, received 2025-10-06
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251006153838NAL0002224803002, received 2025-10-06
Employer contributions per participant
$0
Fewer than 50 comparable plans report this figure; no percentile.
= $0 / 435
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251006153838NAL0002224803002, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006153838NAL0002224803002, received 2025-10-06
Employer share of total contributions
0.0%
Fewer than 50 comparable plans report this figure; no percentile.
= $0 / $3,028,789
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251006153838NAL0002224803002, received 2025-10-06
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251006153838NAL0002224803002, received 2025-10-06
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251006153838NAL0002224803002, received 2025-10-06
| Field | Value | Source |
|---|---|---|
| Plan sponsor | DESKTOP METAL, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Plan name | DESKTOP METAL RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Sponsor EIN / plan number | 47-4947659 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Sponsor location | BURLINGTON, MA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Industry (business code) | 339900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Filing received | 2025-10-06 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Participants, beginning of year | 442 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Active participants | 250 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Participants, end of year | 504 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Participants with an account balance | 435 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Total assets, beginning of year | $30,434,163 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Total assets, end of year | $31,707,764 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Net assets, end of year | $31,554,174 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Total income | $7,001,709 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Net income | $1,152,610 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Employer contributions | $0 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Participant contributions | $2,436,569 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Other contributions (incl. rollovers) | $592,220 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Total contributions | $3,028,789 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Benefit payments | $5,721,549 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Total expenses (incl. benefit payments) | $5,849,099 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Total administrative expenses | $88,270 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Recordkeeping fees | $23,971 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Investment advisory and management fees | $35,749 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Administrative expenses excluding investment management | $52,521 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Held in mutual funds | $30,908,807 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251006153838NAL0002224803002, received 2025-10-06 |
| Independent auditor | CARON & BLETZER, PLLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251006153838NAL0002224803002, received 2025-10-06 |
Position = column in the DOL layout for form year 2024. Filing 20251006153838NAL0002224803002, received 2025-10-06.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| CAMBRIDGE INVESTMENT RESEARCH | ADVISOR | 27 Investment advisory (plan) | $30,105 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $23,871 | yes |
| CROSKEY LANNI/ MARCUM LLC | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $23,000 | no |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $5,744 | |
| CARON & BLETZER, PLLC | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $5,550 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251006153838NAL0002224803002, received 2025-10-06.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $30,434,163 | $31,707,764 | 4.2% |
| Participants with a balance | 442 | 435 | -1.6% |
| Administrative expenses | $35,577 | $88,270 | 148.1% |
| Recordkeeping fees per participant | $35.90 | $55.11 | 53.5% |
| Employer contributions | $0 | $0 |
Prior filing 20241003110441NAL0017533696004, received 2024-10-03; the plan years are contiguous.
Sponsor name as filed: DESKTOP METAL, INC.; SEC registrant: Desktop Metal, Inc. (CIK 1656886, matched by EIN).