Plan Ledger DOL Form 5500 · updated monthly

Desktop Metal, Inc.benefits

Desktop Metal, Inc. Welfare Benefits Plan · BURLINGTON, MA · plan year 2024

Broker compensation reported · 2024
$91,926

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.

Insurance contracts · 20246
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health vision$2.7M · 227 covered
USABLE LIFE · lifepremiums n/a · 115 covered
USABLE LIFE · ltdpremiums n/a · 115 covered
USABLE LIFE · stdpremiums n/a · 115 covered
USABLE LIFEpremiums n/a · 38 covered
USABLE LIFE · lifepremiums n/a · 38 covered
Brokers & agents paid · 20242
MARSH & MCLENNAN AGENCY LLC (NE)$71,010 · incl $19,998 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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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.