Delaware Brick Co

1114 Centreville Road
Wilmington, DE 19804

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 high. It is in the 100th percentile compared to peers.
  • Mod decreased by more than 75% of peers.
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 0th percentile compared to peers.
  • In the last year, LCM Decreased by 25%. While peers Increased an average of 3%.
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.

  • 13% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 1st percentile at 4.3% of the market.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

1.190
2023

1.015
2022

1.590
2022

1.221
2021

1.590
2021
01-01-2020

1.590
2021
01-01-2020

1.150
2020

1.590
2020

1.150
2019

1.672
2019
01-01-2019

1.775
2018

1.775
2018

1.543
2017

1.800
2017

1.543
2016

1.974
2016

1.450
2015

2.067
2015

1.450
2014
01-01-2014

-
2013

-
2012

-
2011
01-01-2010

-
2011
01-01-2011

-
2010

-
2009

-

Contacts

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Benefits Admin
(750) 358-8678
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Benefits Admin
(250) 024-3254
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(818) 968-4031
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(642) 028-1767
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(573) 686-4855
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Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 4,607,764 $ 4,333,698 $ 7,285,914 $ 8,147,018 $ 654,218 $ 8,095,999 $ 4,784,248 $ 8,063,341 $ 783,517 $ 9,875,873 $ 3,830,880 $ 8,292,779
Liabilities: $ 0 $ 6 $ 3 $ 8 $ 1 $ 8 $ 78
EE Contrib: $ 125,639 $ 468,317 $ 882,312 $ 301,766 $ 13,972 $ 62,579 $ 21,626 $ 57,069 $ 645,141 $ 33,401 $ 79,183 $ 7,590
Emp Contrib: $ 66,393 $ 83,096 $ 45,343 $ 15,708 $ 62,430 $ 9,691 $ 89,094 $ 12,881 $ 61,613 $ 57,822 $ 17,051 $ 74,970
Income/Loss: $ 539,521 $ 584,631 $ 407,231($ 467,092) $ 5,717,454 $ 8,553,162 $ 52,687 $ 604,332 $ 8,022,852 $ 471,910($ 975,314) $ 935,101
Total Income: $ 731,553 $ 947,528 $ 4,922,816($ 7,439) $ 236,294 $ 228,842 $ 55,418 $ 330,808 $ 2,066,449 $ 222,895($ 67,219) $ 394,758
Paid Benefits: $ 359,734 $ 5,914,358 $ 337,123 $ 532,018 $ 6,246,915 $ 2,001 $ 605,888 $ 526,998 $ 2,710,635 $ 9,376,336 $ 37,492 $ 207,753
Expenses: $ 0 $ 817 $ 75 $ 7 $ 3 $ 57 $ 73 $ 700 $ 9 $ 0
  Commission: $ 22,162 $ 74,646 $ 84,250 $ 72,631 $ 97,433 $ 92,967 $ 32,626 $ 25,022 $ 6,797 $ 8,230 $ 992 $ 5,722
Net Income: $ 349,657($ 294,795) $ 66,724($ 879,582)($ 2,565,315) $ 1,430,831($ 868,994)($ 625,645) $ 42,399($ 393,817)($ 125,756) $ 655,328
Net Assets: $ 4,957,421 $ 3,331,521 $ 7,864,270 $ 4,919,404 $ 7,279,758 $ 8,549,118 $ 8,948,790 $ 3,601,459 $ 99,029 $ 4,958,388 $ 5,375,245 $ 6,030,277

Participants

202120202019201820172016201520142013201220112010
Total Participants:454277351099530807544126
Active Part.:4092036621083503ba0616c60
Retired Part.:9d6197b478c70272578b
Deceased Part.:14d9af0aaa3450 d350dbe6ec

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.

    2H - Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.

    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.

Motor Carrier