HUTCH'S PLUMBING INC

549-BBRUNKEN AVE
SALINAS, CA 93901

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.

  • 23% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 75th percentile at 3.8% of the market.
Average

Business Stats

Policy History

Term Carrier
2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

Contacts

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Respnsible Managing Officer/Chief Executive Officer/President
(278) 606-9555
8668b

ZOHME BVWFMBK RWHP
Officer
(083) 997-5241
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Industry Classification

Retirement Benefits

Financials

2021
BOY Assets: $ 0
Liabilities: $ 0
EE Contrib: $ 67,872
Emp Contrib: $ 8,075
Income/Loss: $ 12,202
Total Income: $ 88,149
Paid Benefits: $ 0
Expenses: $ 0
  Commission: $ 711
Net Income: $ 87,438
Net Assets: $ 87,438

Participants

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

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.

    2R - Participant-directed brokerage accounts provided as an investment option under the plan.

    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.