Ninjacat Inc

228 Park Ave S # 57506
New York, NY 10003

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 Higher than 90% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
Needs Attention

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.

  • 8% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 11.4% of the market.
Good

Business Stats

County
FEIN
Bureau ID
Renewal Mod
PEO
Employees
Sales
OSHA Violations
OSHA Penalty Amount
Drivers
Power Units
Auto Carrier

Policy History

Term Carrier Premium LCM
2023

2.937
2023

2.470
2023

2.200
2023

2.041
2023

2.490
2022

-
2022

1.490
2022

2.977
2022

2.007
2022

1.387
2022

1.394
2022

2.937
2022

2.239
2022

2.164
2022

3.291
2022

0.874
2022

2.490
2022
11-16-2022
-
2021

1.589
2021

-
2021

2.007
2021

2.930
2021

1.387
2021

-
2021

-
2021

1.602
2021

2.239
2021

1.475
2021

1.464
2021

3.009
2021

1.490
2020

2.284
2020

-
2020

-
2020

0.924
2020

-
2020

-
2020

1.300
2020

1.544
2020

1.475
2020

1.009
2020

2.039
2020

0.996
2019

-
2019

-
2019

-
2019

-
2019

1.235
2019

1.315
2019

1.530
2018

-
2018

-
2018

0.832
2018

1.183
2018

1.190
2017

1.052
2017

-
2017
05-17-2017
1.190
2016

1.052
2016

1.190
2015

1.190

Contacts

NECCL UG
Benefits Admin
(039) 937-7342
9 741
ee
(718) 509-3386
31 94

Industry Classification

Industry
Class
 
Loss Cost
NAICS
 Software Publishers
SIC
 Services, Nec
Related GL Codes* 91135
Analytical Chemists
97002
Laboratories--Research, Development or Testing--Other Than Not-For-Profit
58627
Media Mfg.--Pre-Recorded
Related Class Codes* 4511
ANALYTICAL CHEMIST
4923
PHOTOGRAPHIC SUPPLIES MFG.
Related SIC Codes*

Retirement Benefits

Financials

20212020201920182017
BOY Assets: $ 1,106,978 $ 753,396 $ 269,425 $ 42,647 $ 4
Liabilities: $ 0 $ 20 $ 9
EE Contrib: $ 498,341 $ 350,189 $ 918,955 $ 344,888 $ 99,418
Emp Contrib: $ 0 $ 9 $ 0
Income/Loss: $ 221,948 $ 310,113 $ 69,798($ 20,609) $ 509
Total Income: $ 720,289 $ 85,501 $ 446,635 $ 449,552 $ 35,561
Paid Benefits: $ 211,109 $ 82,977 $ 1 $ 396 $ 56
Expenses: $ 0 $ 38 $ 83 $ 4
  Commission: $ 443 $ 918 $ 4
Net Income: $ 508,737 $ 995,278 $ 7,498 $ 725,581 $ 52,669
Net Assets: $ 1,615,715 $ 889,482 $ 135,335 $ 300,020 $ 75,213

Participants

20212020201920182017
Total Participants:6986328836
Active Part.:5627577231
Retired Part.:679b88 788d
Deceased Part.:6099f5

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.

    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.

Class Codes - Just The Start


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