Binah Management Services 401(k) match, vesting and fees
What Binah Management Services' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Cpi Qualified Plan Consultant, Inc | Schedule C ↗ |
| Independent auditor | Wojeski & Company Cpas, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Binah Management Services: employer contribution per participant | $2,221 | |
| Peer median | $2,868 |
| Binah Management Services: average balance | $96,091 | |
| Peer median | $95,281 |
| Binah Management Services: admin expenses ÷ assets | 0.17% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets were $13.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 147 | $13.5M | $313K | $2,221 | 0.17% | Not published | Form 5500 ↗ |
Common questions
Does Binah Management Services match 401(k) contributions?
The match terms for the Purshe Kaplan Sterling 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $313K in employer contributions, about $2,221 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Binah Management Services 401(k) match vested?
The vesting schedule for the Purshe Kaplan Sterling 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Binah Management Services 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Cpi Qualified Plan Consultant, Inc. The plan administrator is Binah Management Services.
I left Binah Management Services. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Binah Management Services, (312) 219-8320) or the recordkeeper, Cpi Qualified Plan Consultant, Inc. The Binah Management Services old 401(k) page lists the contacts from every plan filing. Find an old Binah Management Services 401(k)
Data from the public Form 5500 annual reports Binah Management Services filed with the U.S. Department of Labor (plan years 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Binah Management Services. Not financial advice. Report a correction · Methodology