ELASTIC PEOPLE CORP

3250 NE 1ST AVE APT 314
MIAMI, FL 33137

Talking Points

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.

  • 5% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 75th percentile at 3.1% of the market.
Good

Business Stats

Policy History

Term Carrier
2023

2022

2021

2020

2019

2018

2017

2016

2015

2015

2014

2014

2013
09-23-2013

2013
10-03-2013

2012
09-23-2012

2012
10-03-2012

2011
09-23-2011

2010
09-23-2010

2009
08-02-2009

2009
09-23-2009

Contacts

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Registered Agent
(587) 677-3957
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Benefits Admin
(948) 900-6933
76941

Industry Classification

Retirement Benefits

Financials

20212020201920182017201620152014
BOY Assets: $ 514,663 $ 562,781 $ 23,732 $ 589,866 $ 55,475 $ 512,773 $ 388,717
Liabilities: $ 0 $ 5 $ 7 $ 7 $ 2
EE Contrib: $ 65,000 $ 5,411 $ 19,463 $ 40,973 $ 56,239 $ 68,751 $ 85,313 $ 417,837
Emp Contrib: $ 9,028 $ 7,539 $ 608 $ 7,655 $ 9,369 $ 9,739 $ 311 $ 8,112
Income/Loss: $ 70,040 $ 44,316 $ 66,661($ 7,085) $ 63,476 $ 3,678($ 771) $ 671
Total Income: $ 144,068 $ 276,251 $ 907,068 $ 20,598 $ 72,999 $ 50,343 $ 94,513 $ 86,383
Paid Benefits: $ 0 $ 7 $ 97 $ 3 $ 0
Expenses: $ 7,079 $ 9,640 $ 7,843 $ 8,393 $ 7,444 $ 8,906 $ 42
  Commission: $ 0 $ 2 $ 9
Net Income: $ 136,989 $ 722,533 $ 300,565 $ 17,036 $ 44,761 $ 52,311 $ 19,063 $ 361,458
Net Assets: $ 651,652 $ 764,663 $ 221,556 $ 62,684 $ 495,618 $ 520,878 $ 281,528 $ 713,578

Participants

20212020201920182017201620152014
Total Participants:47083745
Active Part.:44042448
Retired Part.:9682f2f6
Deceased Part.: 5f1fb3ffb6f

Insurance

No Insurance Coverage

Providers

No Providers

Features

    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.