TIGER-SUL HOLDINGS LLC

4 ARMSTRONG RD, STE 220
SHELTON, CT 06484

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

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 in-line with peers, in the 54th percentile.
  • In the last year, LCM Decreased by 0%. While peers Increased an average of 3%.
Average

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.

  • 6% of peers have changed carriers since last year.
  • Of those who changed carriers, 3.3% decreased their LCM vs those who stayed with their current provider who saw a 3.3% increase.
  • Current Carrier's market share is in the 75th percentile at 1.6% of the market.
Good

Business Stats

Policy History

Term Carrier Premium LCM
2022

-
2022

-
2022

-
2022
02-05-2022

1.721
2022
02-05-2022

1.519
2022
05-22-2022

1.670
2021

-
2021

1.721
2021

-
2021

-
2021
08-06-2021

1.520
2021
11-08-2021

1.670
2020

-
2020

1.421
2020

1.515
2020

1.524
2020

-
2019

-
2019

-
2019

1.421
2019

1.515
2019

1.524
2019

-
2018

-
2018

-
2018

1.515
2018

1.445
2017

-
2017

-
2017

-
2017

-
2017
12-08-2017

-
2017
12-08-2017

1.100
2016

-
2015

-

Contacts

NBPVSNQ JMXFQG
Benefits Admin
(630) 597-6965
8ca8

Xfo Zflcux
President & Chief Executive Offi
(812) 133-4741
327c7

UNJJT SVHQK
Benefits Admin
(967) 201-0232
c57

OLFWE HTJVITI
Benefits Admin
(564) 068-1266
04adc

Industry Classification

Retirement Benefits

Financials

20212020201920182017
BOY Assets: $ 3,308,846 $ 5,455,243 $ 2,403,820 $ 8,709,385 $ 21
Liabilities: $ 0 $ 613 $ 7 $ 69
EE Contrib: $ 399,322 $ 611,988 $ 326,757 $ 476,411 $ 1,043,869
Emp Contrib: $ 176,220 $ 141,433 $ 957,723 $ 504,897 $ 255,851
Income/Loss: $ 454,892 $ 783,808 $ 303,739($ 780,070) $ 536,654
Total Income: $ 1,030,434 $ 393,871 $ 917,809 $ 732,923 $ 3,789,542
Paid Benefits: $ 123,447 $ 4,630,791 $ 262,718 $ 43,844
Expenses: $ 0 $ 5 $ 0 $ 6 $ 2
  Commission: $ 14,264 $ 71,511 $ 61,264 $ 30,991 $ 6,612
Net Income: $ 892,723($ 554,636) $ 297,496 $ 976,059 $ 9,252,593
Net Assets: $ 4,201,569 $ 5,053,303 $ 6,079,718 $ 3,875,435 $ 8,348,122

Participants

20212020201920182017
Total Participants:5942719753
Active Part.:4715924391
Retired Part.:1d549d1d
Deceased Part.:bfb6f11f

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.

    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.

    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