POWER SOURCE ELECTRIC

12985 ARAPAHO ROAD
ETIWANDA, CA 91739

Talking Points

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.

  • 21% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 8.5% of the market.
Good

Business Stats

Policy History

Term Carrier
2022

2022

2021

2021

2020

2020

Contacts

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Sole Owner
(814) 897-4744
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FAUQE HIFI ACUOIR
Sole Owner
(289) 806-5224
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Sole Owner
(750) 730-8468
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Sole Owner
(374) 529-5137
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Sole Owner
(616) 038-2095
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Sole Owner
(353) 280-2072
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Benefits Admin
(463) 508-5214
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Sole Owner
(962) 776-0589
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Sole Owner
(892) 767-3797
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694
Owner/operator
(058) 352-9881
zlnsc.oueflhz@xhhpt.hte

Industry Classification

Retirement Benefits

Financials

2021202020192018201720162015
BOY Assets: $ 387,375 $ 42,718 $ 541,259 $ 97,557 $ 28,076 $ 1,798
Liabilities: $ 0 $ 80 $ 42 $ 23 $ 9
EE Contrib: $ 22,308 $ 99,902 $ 32,304 $ 88,130 $ 83,886 $ 8,566 $ 410
Emp Contrib: $ 10,841 $ 29,064 $ 69,004 $ 418 $ 9,016 $ 6,645 $ 715
Income/Loss: $ 56,329 $ 13,223 $ 36,482($ 1,464) $ 795 $ 6,792($ 9)
Total Income: $ 89,478 $ 301,627 $ 439,477 $ 52,261 $ 25,233 $ 30,707 $ 4,106
Paid Benefits: $ 473,427 $ 9 $ 9 $ 5 $ 45
Expenses: $ 0 $ 195 $ 3 $ 69 $ 1
  Commission: $ 3,426 $ 2,901 $ 2,616 $ 675 $ 634 $ 31 $ 17
Net Income:($ 387,375) $ 22,726 $ 752,323 $ 45,720 $ 56,030 $ 50,310 $ 47
Net Assets: $ 0 $ 380,132 $ 469,626 $ 774,078 $ 37,977 $ 47,843 $ 1,496

Participants

2021202020192018201720162015
Total Participants:70380121
Active Part.:2026980
Retired Part.: 2c113d34998e
Deceased Part.:fc1b193a57b

Insurance

No Insurance Coverage

Providers

No Providers

Features

    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.

    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.

    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.

    2E - Profit-sharing

    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.

    2T - Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

    3B - Plan covering Self-Employed individuals.

Motor Carrier