Plan Ledger DOL Form 5500 · updated monthly

Maestro Financial Solutions, LLC401(k)

MAESTRO FINANCIAL SOLUTIONS, LLC INCENTIVE SAVINGS PLAN · NORTH CALDWELL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Maestro Financial Solutions, LLC reported $1,925 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,372 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio fell from 0.06% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (1,401st of 2,419), and 7,387th of 11,654 in professional & technical services. In 2024, the employer put in $1.00 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,018,644
Participants with balances204
Active participants157
Employer contributions$1,471,443
Employee contributions$1,470,202
Employer contribution per active participant$9,372
Average account balance$58,915
Benefits paid to participants$2,221,826
Plan history2
Yearassets · accounts · employer contribution
2024$12.0M · 204 accts · $1.5M emplr
2023$9.6M · 177 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Investment management$1,925
Total administrative$1,925
The Maestro Financial Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$9,372
Median for plans this size$2,416
2024$9,372 per active participant
2023$10,070 per active participant

Maestro Financial Solutions, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024$1,925 · 0.02%
2023$4,517 · 0.06%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Giir America Inc. NJ$12.2M · 0.05%
Niksun, Inc. NJ$12.1M · 0.00%
Npg Health, LLC NJ$12.1M · 0.62%
Scarinci & Hollenbeck, LLC NJ$11.5M · 0.21%
Mindlance Inc NJ$11.4M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 854218816 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.