Desktop Metal, Inc.benefits
Desktop Metal, Inc. Welfare Benefits Plan · BURLINGTON, MA · plan year 2024
Desktop Metal, Inc.'s benefits plans covered 115 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,672,773. Insurance brokers and agents were paid $91,926 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.4% of premiums. That is $799 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 30% from $131,678 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 474947659 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.