CUBESMART LP

5 OLD LANCASTER RD
MALVERN, PA 19355

Talking Points

Experience Mod Rating

Mod is an indication of how risky a company is to insure. It is based on a company's claim history.

  • Experience Mod is in-line with peers, in the 64th percentile.
  • There was a recent mod increase.
Needs Attention

LCM Rate

LCMs have the largest effect on your WC costs. Carriers file LCM's which are multiplied with the state approved Loss Costs for your employment classifications to create your policy rates. Carrier Groups have several Carrier Tier's each with their own filing, allowing their underwriters to price aggressively to overly prudent depending on the risk.

  • The LCM of the Current Carrier is Very Good, in the 12th percentile compared to peers.
  • In the last year, LCM Decreased by 33%. While peers Increased an average of 2%.
Good

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.

  • 17% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 11.6% of the market.
Good

Similar Businesses

Business Stats

Policy History

Term Carrier Premium LCM
2024

1.676
2024

2.107
2024

1.310
2024

2.316
2024

-
2024

1.633
2024

0.960
2024

1.650
2024

-
2024

-
2024

-
2024

0.913
2024

0.852
2024

1.009
2024

0.875
2024

1.000
2024

1.000
2024

-
2023

1.676
2023

2.110
2023

1.310
2023

2.316
2023

-
2023

1.633
2023

0.960
2023

1.650
2023

-
2023

0.942
2023

-
2023

0.913
2023

1.015
2023

1.084
2023

1.300
2023

0.724
2023

0.926
2023

0.852
2023

0.852
2023

1.009
2023

1.015
2023

0.875
2023

1.000
2023

1.000
2023

1.000
2022

1.728
2022

2.140
2022

2.316
2022

1.310
2022

-
2022

1.633
2022

1.280
2022

1.650
2022

-
2022

0.926
2022

-
2022

0.913
2022

2.452
2022

1.300
2022

1.310
2022

1.235
2022

0.852
2022

1.139
2022

1.505
2022

0.874
2022

1.160
2022

1.000
2021

1.787
2021

2.110
2021

2.316
2021

1.314
2021

-
2021

1.633
2021

1.356
2021

1.650
2021

1.232
2021

-
2021

-
2021

1.353
2021

1.335
2021

1.260
2021

1.235
2021

0.994
2021

-
2021

1.025
2021

1.301
2021

1.505
2021

0.876
2021

1.160
2021

1.035
2020

-
2020

1.787
2020

2.316
2020

1.314
2020

-
2020

1.356
2020

1.650
2020

1.232
2020

-
2020

-
2020

1.314
2020

1.335
2020

1.260
2020

1.235
2020

-
2020

1.052
2020

1.301
2020

1.359
2020

0.876
2020

1.162
2020

1.433
2020

-
2019

-
2019

1.907
2019

-
2019

2.316
2019

1.314
2019

1.640
2019

-
2019

1.314
2019

-
2019

1.260
2019

1.235
2019

-
2019

1.052
2019

1.301
2019

1.359
2019

1.162
2019

1.433
2019

1.433
2018

-
2018

1.907
2018

-
2018

1.200
2018

1.640
2018

-
2018

1.314
2018

-
2018

-
2018

1.164
2018

-
2018

1.052
2018

1.359
2018

1.120
2018

2.255
2018

1.433
2017

1.907
2017

-
2017

-
2017

1.200
2017

-
2017

-
2017

1.110
2017

-
2017

1.052
2017

1.359
2017

1.013
2017

2.255
2017

1.433
2016

-
2016

-
2016

-
2016

1.000
2016

-
2016

1.110
2016

-
2016

1.052
2016

1.359
2016

1.013
2016

1.711
2016

1.433
2015

-
2015

-
2015

-
2015

1.000
2015

-
2015

1.110
2015

-
2015

1.359
2015

-
2015

-
2015

1.433
2014

-
2014

-
2014

-
2014

1.000
2014

-
2014

1.110
2014

-
2014

-
2013

-
2013

1.000
2013

-
2013

1.000
2013

1.110
2013

-
2013

-
2013
05-15-2013

-
2012
05-15-2012

-
2012
05-15-2012

-
2012
05-15-2012

-
2012
05-15-2012

-
2011

-
2011
05-15-2011

-
2010

-
2009

-

Contacts

Onznm Givyxl
Owner
(186) 769-4621
guthz@iokthrudfok.oon

Zwm Bgzajudq
Chief Executive Officer
(494) 542-1812
zlmsmetcm@fbikdks.jj.av

Mbrpq Glqn
Vice President, Investments
(790) 482-3643
zilyo@biwvxtljv.wep

Mhhia O'vqcgb
Branch Manager
(042) 699-0305
gcsm@joqygypkx.wps

Rtknl Tvnq
President
(441) 491-9317
djwyl@rcooyhilsmb.okn

Yeiwa Fzwttm
Domain Registrant
(923) 915-4389
zsxjdwq@joafge.euq

Ndsfx T Cgecedpe
Principal
(573) 347-0760
tasyetaxqucgr@kpnzday.zuq

SFDTS NBLVIZTKW
(430) 783-8037
kasumzwyjq@yofmkglxf.zpt

TQXX PTWBRI
Benefits Admin
(643) 729-0501
da2

VEASETM NYAHFQ
Benefits Admin
(275) 079-9441
fee

Jjvr Vwmzhc
Owner
(821) 166-8022
c3ec8

Qtcnuhl Gdbtdnq
Owner
(521) 666-4697
3342f

876
(289) 850-1503
rupjd6690@sqchhradq.kej

01b
(598) 734-3586
hsuufzvb@wawbtdabz.fcx

194
(797) 401-5676
bkfelfrj@bjfihdiyc.scn

84
bac
giuy.vvyklxoowuhc@xonfi.lnz

Brgif Cwuwcigd
President
(212) 532-4351
c7b4f

Ofijxs Nobkf
Branch Manager
(779) 721-3002
24357

Mtfzs Qyahfdf
Manager
(886) 027-7111
d2 ff

Nvfusi Ewtas
Branch Manager
(141) 220-8691
f9ce

Fvzb Ujcjdpx
Branch Manager
(735) 989-2915
82cf5

Ueodpzq Tsrss
Principal
(807) 149-3723
52ca

21
(095) 081-6422
xfrfd@cagdxyvfqyqoaf.jvm

Gnyfrw Kpyehdp
Accountant
(773) 692-6010
553

Xohkthxqv fbx
(243) 463-7928
acd9e

Qfcavh Adnsehv
Branch Manager
(906) 953-3624
327

Uwi Vmxytz
Manager
(387) 408-6573
773

Swlmiyl Sjbjb
Principal
(792) 294-9844
fc7c

Tydpaaa Pfdffldvoxcwl
Chairman
(800) 059-4236
acc

8
(414) 252-9894
2f4

5
(614) 179-8516
7de

83d
(561) 015-5094
3dcfc

9e8
(487) 558-7760
77ef9

4b
(967) 051-5271
8c74

a4
(076) 883-4072
5 c2e

1
(404) 425-7032
cdb5e

4
(564) 177-3492
cfc

2
(677) 894-9484
ba42

860
(070) 703-2822
caee

8d
(196) 270-3211
d5e8

b
(574) 649-2716
2e375

91
(438) 952-5173
e4a79

a
(022) 561-8504
3ee5

c1
(009) 050-5233
a527d

4
(843) 651-6010
f3cc

Xzv Cswcjrkwcrv Fufzyqj
Registered Agent
eb37
58c

0
(019) 401-2650
57f5

Industry Classification

Retirement Benefits

Financials

2022202120202019201820172016201520142013201220112010
BOY Assets: $ 45,588,699 $ 75,310,637 $ 19,820,613 $ 83,778,388 $ 62,908,435 $ 93,207,856 $ 9,979,725 $ 70,741,696 $ 35,414,810 $ 7,463,818 $ 4,472,167 $ 5,537,688 $ 8,069,039
Liabilities: $ 0 $ 36 $ 3 $ 8 $ 23 $ 49
EE Contrib: $ 4,819,268 $ 2,543,594 $ 5,664,041 $ 5,335,765 $ 4,525,386 $ 6,845,287 $ 8,130,613 $ 4,025,164 $ 8,260,854 $ 6,300,242 $ 2,307,510 $ 7,016,970 $ 7,790,867
Emp Contrib: $ 1,646,146 $ 5,351,164 $ 5,170,695 $ 7,950,582 $ 6,564,811 $ 411,266 $ 456,000 $ 675,467 $ 819,240 $ 787,318 $ 939,762 $ 812,733 $ 272,230
Income/Loss:($ 8,672,953) $ 6,089,610 $ 4,844,879 $ 6,107,483($ 8,102,320) $ 4,743,193 $ 998,128($ 693,319) $ 429,974 $ 8,820,833 $ 777,779($ 970,206) $ 965,522
Total Income:($ 1,487,778) $ 53,727,848 $ 10,521,905 $ 71,019,716 $ 5,407,958 $ 2,498,588 $ 4,046,476 $ 1,364,319 $ 3,212,774 $ 5,048,148 $ 4,005,120 $ 9,522,260 $ 2,720,293
Paid Benefits: $ 6,137,278 $ 7,221,655 $ 8,911,295 $ 9,588,520 $ 2,453,101 $ 7,152,994 $ 6,959,245 $ 2,498,326 $ 5,537,142 $ 5,771,620 $ 701,563 $ 24,434 $ 567,311
Expenses: $ 0 $ 8 $ 9 $ 1 $ 34 $ 0 $ 0 $ 7
  Commission: $ 196,411 $ 863,403 $ 90,200 $ 264,600 $ 136,532 $ 38,918 $ 775,600 $ 503,263 $ 80,663 $ 46,303 $ 54,156 $ 74,834 $ 89,218
Net Income:($ 7,821,467) $ 2,801,807 $ 3,550,347 $ 5,842,446 $ 388,714 $ 7,532,627 $ 763,427 $ 7,891,949 $ 7,692,002 $ 6,325,052 $ 263,601 $ 763,273 $ 9,226,103
Net Assets: $ 37,767,232 $ 2,458,227 $ 94,241,232 $ 81,670,024 $ 81,611,653 $ 35,929,671 $ 24,642,265 $ 77,586,062 $ 865,506 $ 75,099,364 $ 8,920,215 $ 2,219,000 $ 2,822,198

Participants

2022202120202019201820172016201520142013201220112010
Total Participants:3198098512127654443325361346993853996327012887768632
Active Part.:2327652226049395259534088767736773862347882309807830
Retired Part.:234f8fdf3cd77642758
Deceased Part.:49598f 5a1968b54

Insurance

No Insurance Coverage

Providers

EXPCT BRCAN

PO BOX 8480
BOSTON, MA 02266
OKWQWMNW HOAHU

PO BOX 6007
INDIANAPOLIS, IN 46206
BVXWTFWH YSDDQJMIX

720 SW WASHINGTON STREET SUITE 650
PORTLAND, OR 97205
KMGDHVFLYBM KWXP VYPMYVXR

6300 BEE CAVE ROAD BUILDING ONE
AUSTIN, TX 78746
CRAVW YRQEI

PO BOX 55932
BOSTON, MA 02205
CP UROOJG

270 PARK AVENUE
NEW YORK, NY 10017
JZA LHDDJKKKGRIF WEM

PO BOX 55824
BOSTON, MA 02205
LBSXSBKG RJKQTLEUO HLXJ

100 VANGUARD BLVD
MALVERN, PA 19355
S AVDK IRNIC CCC WCX
100 EAST PRATT STREET
BALTIMORE, MD 21202
Recordkeeping and information management (computing, tabulating, data processing, etc.)
Trustee (bank, trust company or similar financial institution)
Trustee (directed)
Investment management
Participant communication
Other services
Direct payment from the plan
Investment management fees paid indirectly by plan
Shareholder servicing fees
Float revenue
Recordkeeping fees
Account maintenance fees
Compensation:$168,361
Relation:NONE
LKUWIUT JPBO
1900 FIFTH AVENUE NORTH
BIRMINGHAM, AL 35203
Consulting (general)
Direct payment from the plan
Compensation:$34,999
Relation:NONE
X BWEM ZVIMY QDC FNN
Source: JP MORGAN MID CAP VALUE L
Recordkeeping and information management (computing, tabulating, data processing, etc.)
Trustee (bank, trust company or similar financial institution)
Trustee (directed)
Investment management
Participant communication
Other services
Direct payment from the plan
Investment management fees paid indirectly by plan
Shareholder servicing fees
Float revenue
Recordkeeping fees
Account maintenance fees
Compensation:FEE FOR SHAREHOLDER SERVICING BASED UPON 0.1%
T TEKQ KWZSL KCP EQT
Source: ALGER CAPITAL APPREC INST I
Recordkeeping and information management (computing, tabulating, data processing, etc.)
Trustee (bank, trust company or similar financial institution)
Trustee (directed)
Investment management
Participant communication
Other services
Direct payment from the plan
Investment management fees paid indirectly by plan
Shareholder servicing fees
Float revenue
Recordkeeping fees
Account maintenance fees
Compensation:FEE FOR SHAREHOLDER SERVICING BASED UPON 0.5%
Z ZOVN WWNLE QXK MWE
Source: COLUMBIA TOTAL RET BD INSTL 2
Recordkeeping and information management (computing, tabulating, data processing, etc.)
Trustee (bank, trust company or similar financial institution)
Trustee (directed)
Investment management
Participant communication
Other services
Direct payment from the plan
Investment management fees paid indirectly by plan
Shareholder servicing fees
Float revenue
Recordkeeping fees
Account maintenance fees
Compensation:FEE FOR SHAREHOLDER SERVICING BASED UPON 0.1%

Features

    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.

    2S - Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.

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

Health Benefits

Financials

2022202120202019201820172016201520142013201220112010
BOY Assets: $ 0 $ 4 $ 730 $ 4 $ 89 $ 4 $ 9 $ 5 $ 8
Liabilities: $ 0 $ 9 $ 2 $ 0 $ 7 $ 7 $ 9
EE Contrib: $ 0 $ 922 $ 3 $ 3 $ 19 $ 1 $ 9
Emp Contrib: $ 0 $ 4 $ 31 $ 3
Income/Loss: $ 0 $9,000,000,000 $ 0 $ 2 $ 98 $ 98
Total Income: $ 0 $ 0 $ 0 $ 7 $ 9 $ 6 $ 9
Paid Benefits: $ 0 $ 8 $ 6 $ 976 $ 7 $ 3 $ 49 $ 76 $ 6
Expenses: $ 0 $ 976 $ 2 $ 74 $ 30 $ 1 $ 4 $ 41
  Commission: $ 0 $ 8 $ 496 $ 13 $ 3 $ 8 $ 7 $ 8 $ 73
Net Income: $ 0 $ 21 $ 0 $ 5 $ 89 $ 0 $ 5
Net Assets: $ 0 $ 5 $ 5 $ 6 $ 11 $ 9 $ 1 $ 73

Participants

2022202120202019201820172016201520142013201220112010
Total Participants:2463275571726752219843713283311792587602859480215651
Active Part.:2463644685792443049102930233913071713054126060169638
Retired Part.: 0647580dd18796c636c4c
Deceased Part.:8a5f70d9fb500f06ff9ef0dfd

Insurance

YUVZVTDLSNFBJSCE DRSFDDASJ UDHIIWP
Renewal:12-31-2022
Covered:2454
  1. Vision

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 149,645
Commission9.24% $ 13,832
Fees2.45% $ 3,671
Brokers
ZJYAQFCJ SHQVCPHJVFC
Renewal:12-31-2022
Covered:3100
  1. EMPLOYEE ASSISTANCE PROGRAM

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 51,336
Commission0% $ 0
Fees0% $ 0
QXNTAJWEJW LZVCPKLLH QQKEOHX MY XEWRRUS
Renewal:12-31-2022
Covered:2463
  1. Life Insurance
  2. Temp. Disability Insurance
  3. Long Term Disab. Ins
  4. ACCIDENTAL DEATH AND DISMEMBERMENT

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 1,210,266
Commission16.17% $ 195,688
Fees0% $ 0
Brokers
UAMTX LLKI NGCXJJCYW WPLHWRJ
Renewal:12-31-2022
Covered:2604
  1. Dental

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 741,140
Commission4.61% $ 34,181
Fees0.03% $ 193
Brokers

Providers

No Providers

Features

    4A - Health (other than vision or dental).

    4B - Life insurance.

    4D - Dental.

    4E - Vision.

    4F - Temporary disability (accident and sickness).

    4H - Long-term disability.

    4L - Death benefits (include travel accident but not life insurance).

    4Q - Other.