401(k) · DOL Form 5500 · 2024

Desktop Metal, Inc. 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
348
Participants Below avg headcount
78th
Percentile by assets National rank
$91,114
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Desktop Metal Retirement Plan · Sponsored by Desktop Metal, Inc. · Massachusetts · Manufacturing

$32M in assets, 348 participants

Desktop Metal, Inc.'s Desktop Metal Retirement Plan reported $32M in total assets and 348 participants in its 2024 DOL Form 5500 filing, ranking in the 78th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #12,412 in Manufacturing (17,777 peers)

Where Desktop Metal Retirement Plan sits by assets

Desktop Metal Retirement Plan sits in the top quartile of all filed plans by assets, $32M for 348 participants (~$91,114/participant), up 4.2% in 2024.

#12,412
in Manufacturing (17,777 peers)
+4.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Desktop Metal Retirement Plan's outsized position by total assets

Desktop Metal Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$31,707,764 Top 22% higher than 78% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Desktop Metal Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Desktop Metal Retirement Plan sits mid-pack in the medium band (348 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Desktop Metal Retirement Plan reported net income fell from $5M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Desktop Metal Retirement Plan reported participants rose from 284 in the plan year 2023 filing to 348 in the plan year 2024 filing.
  • Desktop Metal Retirement Plan end-of-year assets rose from $30M in the plan year 2023 filing to $32M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 474947659 · Desktop Metal, Inc. PY 2024 · 401(k)

Desktop Metal Retirement Plan · $32M · 348 · 78th

  • ASSETS $32M
  • PCT 348
  • EIN 78th
  • RANK 401(k)
  • PHOTO near Teacher Created Materials, Inc. 401(k) Profit Sharing Plan
  • IND ind #12412

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Massachusetts →

Desktop Metal Retirement Plan in the asset neighbourhood

Desktop Metal Retirement Plan$32MTeacher Created Materials, Inc. 401(k) Profit Sharing PlanTeacher Created Materials, I…$32MThe Classic 401(k) Plan$32MSigma Design Inc. 401(k) Plan$32MAndrews Federal Credit Union 401(k) PlanAndrews Federal Credit Union…$32M
End-of-year total assets ($M) among Desktop Metal Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$32M
Net Income$1M
Employer EIN474947659
Plan Effective Date2018-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Desktop Metal, Inc.)

Sponsor-wide plan assets over time

All Desktop Metal, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$32M 125.84176684961781% vs 2022
2024 filing year
$10M$20M$30M$40M 202220232024 $14M $31.7M ▲ +125.9%
Year Plans Participants Total Assets
2022 1 337 $14M
2023 1 284 $30M
2024 1 348 $32M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Desktop Metal Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Desktop Metal Retirement Plan, Total assets ($B): 0.031707764 · Participants: 348Desktop Metal Retirement PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Desktop Metal Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Desktop Metal Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Teacher Created Materials, Inc. 401(k) Profit Sharing Plan in CA ($32M); by covered participants it is Opensquare 401(k) Retirement Plan in WA (348 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($32M here).

Similar participant headcount

Nearest other-state filings by covered participants (348 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Desktop Metal Retirement Plan assets move in 2024?
Desktop Metal Retirement Plan edged up modestly - up 4.2% during 2024, from $30M to $32M. Reported net income was $1M.
How have Desktop Metal, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Desktop Metal, Inc.'s sponsor-wide assets grew 125.8%, from $14M to $32M.
Where does Desktop Metal Retirement Plan rank by assets among Form 5500 filers?
Desktop Metal Retirement Plan ranks in the 78th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Desktop Metal Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Teacher Created Materials, Inc. 401(k) Profit Sharing Plan in CA ($32M, 218 participants).
Which 401(k) plans cover a similar participant headcount to Desktop Metal Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Opensquare 401(k) Retirement Plan in WA (348 participants, N/A in assets).