ALLIED TELECOM GROUP LLC

1400 CRYSTAL DR STE 700
ARLINGTON, VA 22202

Talking Points

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 7th percentile compared to peers.
  • In the last year, LCM Decreased by 12%. While peers Increased an average of 6%.
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.

  • 12% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 7.6% of the market.
Good

Business Stats

Policy History

Term Carrier Premium LCM
2023

1.220
2022

1.150
2022

-
2022

1.200
2022

2.959
2022

1.000
2022

1.050
2022

1.170
2022

1.111
2022

1.000
2022
11-29-2021

2.464
2022
11-29-2021

1.409
2022
11-29-2021

2.290
2022
11-29-2021

3.151
2021

2.236
2021

1.409
2021

2.759
2021

1.950
2021

3.152
2021

1.976
2021

1.139
2021

1.139
2021

1.139
2021
11-29-2020

1.950
2021
11-29-2020

1.950
2021
11-29-2020

3.152
2021
11-29-2020

3.152
2020

2.603
2020

2.366
2020

2.083
2020

1.950
2020

2.868
2020

1.976
2020

1.001
2019

2.603
2019

-
2019

2.083
2019

1.950
2019

2.658
2019

-
2019

1.050
2019

1.000
2019
11-29-2018

1.645
2019
11-29-2018

-
2019
11-29-2018

1.750
2019
11-29-2018

1.224
2019
11-29-2018

1.207
2018

1.645
2018

1.750
2018

1.224
2018

1.050
2018

1.100
2018
11-29-2018

-
2018
11-29-2018

1.073
2017

1.645
2017

1.050
2017
11-29-2017

1.073
2016

-
2016

1.050
2016
11-29-2016

1.073

Contacts

NEVXF6794
Benefits Admin
(642) 646-0433
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QYCEULA IJCK
Benefits Admin
(835) 992-2946
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Ilj Jsdqtsoo Ucz Jydtoaji
Principal
(270) 507-7096
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LIVGUIC HXRY
Benefits Admin
(113) 301-4868
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QNC EQYKRJTT
Benefits Admin
(206) 846-0493
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Industry Classification

Retirement Benefits

Financials

20212020201920182017201620152014
BOY Assets: $ 3,476,033 $ 7,055,937 $ 5,417,118 $ 2,120,242 $ 2,057,807 $ 1,751,981 $ 1,809,189 $ 1,846,463
Liabilities: $ 0 $ 4 $ 0 $ 1 $ 7 $ 1
EE Contrib: $ 535,830 $ 569,948 $ 359,208 $ 261,770 $ 246,370 $ 865,586 $ 114,710 $ 106,568
Emp Contrib: $ 212,097 $ 649,100 $ 771,066 $ 18,891 $ 68,362 $ 13,741 $ 15,182 $ 72,879
Income/Loss: $ 496,474 $ 393,382 $ 417,715($ 80,502) $ 55,481 $ 60,867($ 82,252) $ 96,800
Total Income: $ 1,244,401 $ 812,964 $ 2,003,926 $ 621,889 $ 189,412 $ 456,096 $ 625,735 $ 860,160
Paid Benefits: $ 388,707 $ 328,288 $ 351,670 $ 49,850 $ 538,475 $ 373,842 $ 313,726 $ 4,537
Expenses: $ 0 $ 220 $ 76 $ 0 $ 1
  Commission: $ 38,430 $ 32,700 $ 91,324 $ 5,756 $ 37,245 $ 58,777 $ 20,265 $ 6,048
Net Income: $ 817,264 $ 681,114 $ 50,742 $ 392,520 $ 365,929 $ 7,870 $ 79,262 $ 802,393
Net Assets: $ 4,293,297 $ 2,931,688 $ 9,800,556 $ 4,052,883 $ 9,953,124 $ 5,442,375 $ 4,679,943 $ 3,086,223

Participants

20212020201920182017201620152014
Total Participants:90544476077940214
Active Part.:7007835453936891
Retired Part.:e32 cde80a6e67
Deceased Part.:739e72b327332b

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.

    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.