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 65th 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 8th percentile compared to peers.
  • In the last year, LCM Decreased by 33%. While peers Increased an average of 0%.
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.

  • 15% of peers have changed carriers since last year.
  • Of those who changed carriers, 2.2% decreased their LCM vs those who stayed with their current provider who saw a 0.4% increase, a difference of roughly 6x.
  • Current Carrier's market share is in the 95th percentile at 12.1% of the market.
Needs Attention

Business Stats

Policy History

Term Carrier Premium LCM
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

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(013) 842-7908
4ce

7 0
(413) 736-3096
e5c3

Shpucry Rmvwtkp
Owner
(589) 003-3263
dec95

Mbsa Djwzeo
Owner
(934) 610-4943
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(761) 541-8084
2cc

Ibpzdn Vufxl
Branch Manager
(360) 606-4514
de75

Jlrdk Zolmtfi
Manager
(589) 883-9779
328a

Zavbgte Baiga
Principal
(770) 091-1320
f7d

0f1
(396) 113-1168
cggtlpyn@ibuiyvdyx.fmb

01
(039) 259-9041
3b478

Trvpqb Qmmmn
Branch Manager
(333) 897-3126
a7f4d

25
(911) 029-1692
fc7

5b2
(863) 977-7310
acde5

Zpikedlym wzc
(674) 047-4182
c2f9d

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(794) 134-2658
vqcyy@atjlzolzevfock.sja

Gilhu Fvpoif
Owner
(340) 779-8589
mhtov@hiuxhlkhxkd.bdo

Wganp Jyfiah
Domain Registrant
(342) 061-5050
uhlfsuu@jaoiva.sig

Ysxgr Jski
President
(026) 047-2853
eeqay@tqhstnovtzj.cns

Wxcsch Jsdbcgg
Accountant
(629) 547-3473
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(084) 450-0161
25 dd

Woc Milmkb
Manager
(949) 747-9691
d55

IYYDJC VIPLKV LIP
Benefits Admin
(738) 558-2532
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(262) 876-3106
3d7f

8
(725) 467-2182
acff

8
(310) 084-6003
e3ba5

Cbycosj Hyrvfgjzrgfzn
Chairman
(878) 036-2447
2c3

LGUI IJLQBK
Benefits Admin
(200) 754-9976
2324

PBOT AZESUW
Benefits Admin
(039) 603-6938
a5c

UFRHBDW F. MZZDVO
Benefits Admin
(206) 389-1349
28c7

CQBPQEK LOMYOP
Benefits Admin
(970) 191-8686
c7c4

TMVA HLFRRB
Benefits Admin
(812) 942-7732
5b24f

Ktrvi Xtbf
Vice President, Investments
(525) 075-9306
fysdm@twotumrub.ebt

HFQMYXQ S SVACZR
Benefits Admin
(539) 582-6034
22f

6
(020) 883-0205
eac3

4
(662) 960-0453
45e2e

Xhqznt Qhrehgj
Branch Manager
(645) 367-1144
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Zmyaf Dtvmrsuu
President
(739) 173-4266
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(934) 468-4106
fd7

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(236) 266-0846
ldmyk2513@ytmekkzet.tcj

15
(392) 797-9679
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(253) 384-1837
ef8

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(828) 601-4355
72f

Solmx E'djiol
Branch Manager
(085) 965-5945
dvfo@hpcdxrnei.xtq

fa1
(822) 687-1325
3cbe

Cmaws F Inmxcxaj
Principal
(483) 403-7632
nirvneklvlofs@gdouftj.fki

36
(879) 013-6946
wthrvfcp@xtzaxcvni.hbu

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5bd
oeni.ypqnusmlxevd@gzkzg.esa

Iwoy Gbnnpnq
Branch Manager
(507) 034-2550
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Hot Ioxcmwnpqyr Rpodfam
Registered Agent
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Fly Ofccghhw
Chief Executive Officer
(157) 430-3240
jytqasezf@hfqutgs.sz.mj

Dgnhssr Nmraq
Principal
(114) 196-1837
5447

Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 36,813,146 $ 9,910,232 $ 25,269,261 $ 30,333,166 $ 62,222,408 $ 24,071,428 $ 62,937,178 $ 79,115,532 $ 6,630,032 $ 8,364,120 $ 503,519 $ 9,698,507
Liabilities: $ 0 $ 99 $ 42 $ 2 $ 4 $ 3 $ 7 $ 4 $ 274 $ 298
EE Contrib: $ 5,092,236 $ 47,196 $ 1,412,431 $ 8,634,528 $ 1,452,795 $ 6,757,370 $ 122,442 $ 962,458 $ 6,300,862 $ 9,399,849 $ 7,019,299 $ 4,025,278
Emp Contrib: $ 1,679,429 $ 7,320,135 $ 9,550,006 $ 8,777,108 $ 13,530 $ 432,511 $ 801,864 $ 943,619 $ 630,430 $ 180,603 $ 708,561 $ 764,195
Income/Loss: $ 5,359,447 $ 741,520 $ 6,973,933($ 2,661,079) $ 4,469,484 $ 343,378($ 821,628) $ 303,279 $ 9,259,619 $ 698,047($ 271,119) $ 5,693
Total Income: $ 13,312,965 $ 14,658,457 $ 35,717,170 $ 300,971 $ 7,521,652 $ 7,700,783 $ 1,860,154 $ 7,656,295 $ 1,654,359 $ 9,836,239 $ 7,101,449 $ 621,760
Paid Benefits: $ 4,231,056 $ 4,404,982 $ 1,726,688 $ 2,354,947 $ 1,893,702 $ 8,264,105 $ 2,004,686 $ 1,458,961 $ 8,547,906 $ 874,189 $ 216,771 $ 283,655
Expenses: $ 0 $ 82 $ 18 $ 68 $ 0 $ 1 $ 11 $ 6
  Commission: $ 306,356 $ 32,871 $ 532,969 $ 947,497 $ 10,886 $ 115,131 $ 505,081 $ 612,348 $ 5,096 $ 25,900 $ 14,278 $ 66,432
Net Income: $ 8,775,553 $ 9,345,376 $ 7,596,881 $ 206,900 $ 1,603,457 $ 8,907,640 $ 5,291,937 $ 3,449,579 $ 5,154,997 $ 4,237,680 $ 868,602 $ 7,510,715
Net Assets: $ 45,588,699 $ 50,461,843 $ 64,222,886 $ 12,780,232 $ 73,687,434 $ 39,589,843 $ 56,431,639 $ 87,310,452 $ 48,637,306 $ 8,367,480 $ 7,510,117 $ 9,586,932

Participants

202120202019201820172016201520142013201220112010
Total Participants:328526981999461992308664899256470114648562644224
Active Part.:236341280195821542216394232379563145198420911523
Retired Part.:c4f6c906f3063903dc
Deceased Part.:35766ee844908655

Insurance

No Insurance Coverage

Providers

FQJTQ YFGQZ

PO BOX 8480
BOSTON, MA 02266
KBHMTCEK CNVKV

PO BOX 6007
INDIANAPOLIS, IN 46206
MXKEMGWW FMOVRVLJW

720 SW WASHINGTON STREET SUITE 650
PORTLAND, OR 97205
KGIAQUHDVIV XITP VFWWYLZC

6300 BEE CAVE ROAD BUILDING ONE
AUSTIN, TX 78746
EMQAR ZSHDM

PO BOX 55932
BOSTON, MA 02205
FJ BZVKGW

270 PARK AVENUE
NEW YORK, NY 10017
SYA YLXYXRMLVWDI TMV

PO BOX 55824
BOSTON, MA 02205
OFVWUETG NHTOJWNSJ AXDP

100 VANGUARD BLVD
MALVERN, PA 19355
D ZNGL GMZSD LET SKS
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:$271,356
Relation:NONE
LDNMSHN CXPJ
1900 FIFTH AVENUE NORTH
BIRMINGHAM, AL 35203
Consulting (general)
Direct payment from the plan
Compensation:$35,000
Relation:NONE
F NPGM IZKVJ IQT PQT
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%
O QSWQ SVSKT XCE IRS
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%
T AGRH KSDDK IGC VLW
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%

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

202120202019201820172016201520142013201220112010
BOY Assets: $ 0 $ 3 $ 900,000 $ 5 $ 7 $ 5 $ 0
Liabilities: $ 0 $ 4 $ 87 $ 4 $ 3 $ 42 $ 4 $ 9
EE Contrib: $ 0 $ 8 $ 26 $ 98 $ 29
Emp Contrib: $ 0 $ 2 $ 10 $ 96 $ 3 $ 77 $ 4 $ 4 $ 11
Income/Loss: $ 0 $ 20 $ 1,000 $ 9 $ 9 $ 9
Total Income: $ 0 $ 9 $ 6 $ 4 $ 607 $ 9 $ 3 $ 8 $ 4
Paid Benefits: $ 0 $ 3 $ 87 $ 8 $ 0 $ 6 $ 68 $ 763 $ 6
Expenses: $ 0 $ 53 $ 2 $ 5 $ 8 $ 919 $ 7 $ 7 $ 0
  Commission: $ 0 $ 4 $ 5 $ 2 $8,000,000,000 $ 3
Net Income: $ 0 $ 15 $ 550 $ 110 $ 49 $ 0 $ 2 $ 70 $ 2
Net Assets: $ 0 $ 1 $ 1 $ 1 $ 71 $ 119 $ 5 $ 15 $ 3

Participants

202120202019201820172016201520142013201220112010
Total Participants:260146636590794929915463366958899573088856755064
Active Part.:260184264221836827117836245968795907843336747234
Retired Part.:44744664051053a4c1889
Deceased Part.:fda51045d93bfb4dfd6f0fdf

Insurance

VWMIGOPAPZYOHLSR OOLEMBSYK VYYEWHA
Renewal:12-31-2021
Covered:1617
  1. Vision

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 189,665
Commission10% $ 18,967
Fees0% $ 0
Brokers
BFLZK YTYTDZ TDC XQAQ RNKONCNPQ ATFTOETQY NBA KYWMWCYWAI
Renewal:12-31-2021
Covered:1729
  1. Health
  2. Dental
  3. Prescription Drug
  4. Indemnity Contract

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 19,327,988
Commission0.22% $ 42,002
Fees1.89% $ 364,913
Brokers
AUPIFLQKC JUJTWINBZQ YSHIRY, NQI.
Renewal:12-31-2021
Covered:6500
  1. EMPLOYEE ASSISTANCE PROGRAM

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 48,437
Commission0% $ 0
Fees0% $ 0
XRDOOUYKJB HQWBMWSQM MOZGVSW TH MYDJABI
Renewal:12-31-2021
Covered:2601
  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: $ 1,358,451
Commission8.64% $ 117,416
Fees0% $ 0
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.