PORTNEY ENVIRONMENTAL AND DEMOLITION INC

PO BOX 1980
PASO ROBLES, CA 93447

Talking Points

For the Agent

These are points that might help guide an agent as they look to approach a prospect.

  • A break in policy terms may indicate inconsistent work load which can result in substandard employment.
Needs Attention

Market Competitiveness

We measure relative change (when a business chooses a different WC provider), and market share distribution over a rolling 24 months as compared to it's industry and state level activity to determine how competitive carriers are for your class of business.

  • 14% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 24.5% of the market.
Good

OSHA

Most employers with 10 or more employees are required to maintain injury and illness records, known as the 300 log. In the event of an inspection, this information will likely be requested. Even without injury or claim, the proper documentation should be readily available on a location by location basis. These logs are critical but simple to maintain.

  • Businesses with serious and/or repeat violations should be provided with risk management practices to eliminate unnecessary risk and minimize what must exist in current processes.
Needs Attention

Business Stats

Policy History

Term Carrier
2022
06-11-2022

2021
06-11-2022

2020
06-11-2022

2019
06-11-2022

2018
06-11-2022

2017
06-11-2022

2016
06-11-2022

2015
06-11-2022

2014
06-11-2022

Contacts

GCKX PAOVLVP
Benefits Admin
(469) 407-4040
980

WGQLJPX FIWEIPI SMYQ
Sole Owner
(479) 431-4578
47e8f

HCCQMED NCHGZWE JZMS
Sole Owner
(324) 077-0524
f38d7

Industry Classification

Retirement Benefits

Financials

2022202120202019
BOY Assets: $ 122,414 $ 45,424 $ 23,077 $ 6
Liabilities: $ 0 $ 0
EE Contrib: $ 12,497 $ 85,455 $ 14 $ 37,033
Emp Contrib: $ 5,915 $ 2,841 $ 9,706 $ 7,383
Income/Loss:($ 30,757) $ 7,461 $ 74,752 $ 4,815
Total Income:($ 12,345) $ 69,330 $ 67,826 $ 23,912
Paid Benefits: $ 110,069 $ 32 $ 9,770 $ 9
Expenses: $ 0 $ 77 $ 76
  Commission: $ 0 $ 8
Net Income:($ 122,414) $ 33,525 $ 4,683 $ 30,429
Net Assets: $ 0 $ 678,150 $ 2,851 $ 15,945

Participants

2022202120202019
Total Participants:21826
Active Part.:45345
Retired Part.:865
Deceased Part.:42e651

Insurance

No Insurance Coverage

Providers

No Providers

Features

    2E - Profit-sharing

    2F - ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.

    2G - Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.

    2J - Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.

    2K - Stock bonusCode section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.

    3D - Pre-approved pension plan - A master, prototype, or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.


OSHA

Motor Carrier