Guardian Companies, Inc.

P.O. BOX 11607
WILMINGTON, DE 19850

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 very good. It is in the 0th percentile compared to peers.
  • Mod decreased by more than 75% of peers.
Good

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 51st percentile.
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.
  • Current Carrier's market share is in the 99th percentile at 25% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

1.530
2021

1.530
2020

1.530
2020

1.530
2019

1.530
2019

1.530
2018

1.530
2018

1.530
2017

1.530
2017

1.530
2016

1.545
2016

1.545
2015
11-01-2015

1.900
2015
11-01-2015

1.900
2014

-
2014

-
2013

-
2013

-
2012

-
2012
11-01-2012

-
2011

-
2011

-
2010

-
2010
11-01-2010

-
2009

-
2009

-

Contacts

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Benefits Admin
(818) 760-4201
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Benefits Admin
(875) 008-1717
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Principal
(263) 642-5921
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Benefits Admin
(114) 213-0370
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Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 808,754 $ 747,743 $ 132,864 $ 810,017 $ 534,679 $ 571,146 $ 122,139 $ 818,867 $ 873,526 $ 523,688 $ 454,702 $ 993,330
Liabilities: $ 0 $ 0 $ 9 $ 43 $ 97 $ 7 $ 7
EE Contrib: $ 59,155 $ 50,586 $ 60,439 $ 11,673 $ 70,500 $ 47,462 $ 34,772 $ 46,193 $ 15,706 $ 91,223 $ 77,319 $ 43,647
Emp Contrib: $ 17,006 $ 14,274 $ 24,035 $ 67,988 $ 82,565 $ 5,699 $ 8,052 $ 6,165 $ 21,216 $ 95,759 $ 98,604 $ 1,352
Income/Loss: $ 136,506 $ 518,512 $ 761,203($ 82,615) $ 20,373 $ 50,333($ 6,324) $ 25,725 $ 575,746 $ 86,879 $ 69,727 $ 22,020
Total Income: $ 212,667 $ 727,885 $ 954,894 $ 87,250 $ 970,300 $ 92,886 $ 81,539 $ 42,806 $ 489,300 $ 429,034 $ 618,354 $ 810,369
Paid Benefits: $ 56,344 $ 64,186 $ 35,276 $ 4,117 $ 4,108 $ 99,078 $ 513,729 $ 62,788 $ 156,184 $ 98,130 $ 933,324 $ 957,025
Expenses: $ 0 $ 53 $ 6 $ 24 $ 9 $ 87 $ 6 $2,000,000,000
  Commission: $ 9,174 $ 7,188 $ 5,595 $ 6,432 $ 2,540 $ 5,683 $ 888 $ 4,030 $ 5,233 $ 7,119 $ 2,303 $ 9,486
Net Income: $ 147,149 $ 336,732 $ 308,494 $ 54,587 $ 84,385 $ 53,775($ 402,133) $ 1,509($ 56,532) $ 79,300($ 56,054) $ 82,800
Net Assets: $ 955,903 $ 372,850 $ 951,547 $ 550,703 $ 926,726 $ 311,027 $ 680,994 $ 984,852 $ 923,059 $ 766,482 $ 934,128 $ 583,473

Participants

202120202019201820172016201520142013201220112010
Total Participants:490376942544931740363113
Active Part.:404997533895464034 f2 53d
Retired Part.:67347c90f4a 16 3e6
Deceased Part.:8b6 ad190163e7aac86afc

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.