NB ELECTRIC INC

3916 LA MESA LANE
SAN JOSE, CA 95124

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.

  • 18% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 16.2% of the market.
Good

Business Stats

Policy History

Term Carrier
2023

2022

2022
04-28-2021

2021
04-28-2021

2020
04-28-2021

2019
04-28-2021

2018
04-28-2021

Contacts

OILNKH PQGXLC HUIKGI
Sole Owner
(751) 661-3326
7e 2

IAKR QSU GUKZ
Sole Owner
(596) 675-4120
4ed7

IHOATQKRTLX HKSLY
Sole Owner
(112) 117-2501
f67

LUCGRF LNHKMB NNMOXI
Sole Owner
(819) 941-8730
7e7

LXPO TBO TBNL
Sole Owner
(740) 081-5954
9d7e

EYXKACEXURD VABYI
Sole Owner
(400) 804-5665
7d6

Industry Classification

Retirement Benefits

Financials

2021
BOY Assets: $ 0
Liabilities: $ 0
EE Contrib: $ 39,000
Emp Contrib: $ 0
Income/Loss:($ 35)
Total Income: $ 38,965
Paid Benefits: $ 0
Expenses: $ 0
  Commission: $ 0
Net Income: $ 38,965
Net Assets: $ 38,965

Participants

2021
Total Participants:2
Active Part.:2
Retired Part.:
Deceased Part.:

Insurance

No Insurance Coverage

Providers

No Providers

Features

    2E - Profit-sharing

    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.

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

    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.