CF INDUSTRIES HOLDINGS INC

4 PARKWAY NORTH BLVD, STE 400
DEERFIELD, IL 60015

Talking Points

For the Agent

These are points that might help guide an agent as they look to approach a prospect.

  • Premium decrease and carrier tier change may indicate competitive situation and incumbent prevailed.
Needs Attention

Premium

Worker's Comp premium is based on two key factors - the LCM your carrier has filed to use, and the total payroll you run over the policy term, which is multiplied by the rate to determine premium. Comparing premium to businesses in the same industry and of similar size can indicate how fair your WC insurance provider's costs are relative to the market.

  • Premium is in-line with peers, in the 32nd percentile.
  • In the last year, premium Decreased by 68%. While peers Increased an average of 6%.
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 Very Good, in the 19th percentile compared to peers.
  • In the last year, LCM Increased by 0%. While peers Increased an average of 9%.
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.

  • 11% of peers have changed carriers since last year.
  • Of those who changed carriers, 15% decreased their LCM vs those who stayed with their current provider who saw a 8.5% decrease.
  • Current Carrier's market share is in the 1st percentile at 5.6% of the market.
Needs Attention

Business Stats

Policy History

Term Carrier Premium LCM
2023

1.822
2022

1.450
2022

1.001
2022

1.291
2022

-
2022

-
2022

1.668
2022

0.870
2022

1.000
2021

1.244
2021

1.000
2021

1.291
2021

1.570
2021

0.870
2021

1.111
2020

1.244
2020

-
2020

1.291
2020

1.177
2020

1.570
2020

1.700
2020

1.111
2019

1.244
2019

-
2019

1.451
2019

-
2019

-
2019

1.630
2019

1.111
2018

-
2018

-
2018

-
2018

-
2018

-
2018

-
2018

0.937
2017

-
2017

-
2017

-
2017

-
2017

-
2017
02-09-2017

-
2016

-
2016

-
2016

-
2016

1.015
2016

0.941
2015

-
2015

-
2015

-
2015

1.191
2014

-
2014

-
2014

-
2014

1.015
2013

-
2013

-
2013
07-01-2013

-
2012
07-01-2012

-
2011
07-01-2011

-
2010
07-01-2010

-
2009
07-01-2009

-

Contacts

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Benefits Admin
(515) 618-0130
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(434) 988-6764
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President & Chief Executive Offi
(842) 947-0042
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XJNATO CMKDARB
Benefits Admin
(755) 947-5279
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Dgry Hckigvj
Branch Manager
(930) 852-0404
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(533) 436-4547
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CXSJEC QMOKVBQ
Vice President
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Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013
BOY Assets: $ 678,992,432 $ 431,368,640 $ 430,661,623 $ 538,286,506 $ 8,487,559 $ 552,682,119 $ 753,625,358 $ 710,078,938 $ 844,547,406
Liabilities: $ 5,655,628 $ 8,975,839 $ 207,250 $ 7,955,586 $ 618,953 $ 9,951,887 $ 2,647,237 $ 5,608,372 $ 41,280,180
EE Contrib: $ 0 $ 80 $ 833 $ 200,000,000 $ 68
Emp Contrib: $ 0 $ 6,817,776 $ 6,910,311 $ 30,322,703 $ 9,370,786 $ 52,278,366 $ 6,338,211 $ 7
Income/Loss: $ 25,725,043 $ 36,033,878 $ 29,668,080($ 1,756,885) $ 11,971,080 $ 5,847,362($ 1,532,453) $ 8,583,028 $ 54,268,300
Total Income: $ 19,020,524 $ 24,493,768 $ 857,846,736 $ 69,824,366 $ 96,465,594 $ 72,353,033($ 5,263,309) $ 40,788,681 $ 4,033,665
Paid Benefits: $ 38,827,230 $ 28,414,801 $ 23,741,172 $ 37,050,600 $ 8,674,656 $ 8,761,475 $ 6,993,833 $ 181,291,640 $ 56,747,847
Expenses: $ 0 $ 1 $ 48 $ 6 $ 1 $ 391
  Commission: $ 2,578,546 $ 9,748,074 $ 4,200,419 $ 9,744,860 $ 6,570,117 $ 2,972,636 $ 3,569,837 $ 8,476,601 $ 5,912,748
Net Income:($ 22,385,252) $ 47,633,641 $ 18,896,666($ 25,390,320) $ 36,171,246 $ 52,976,160($ 95,970,634)($ 10,146,126)($ 61,926,433)
Net Assets: $ 656,607,180 $ 448,800,714 $ 511,322 $ 347,992,967 $ 982,814,163 $ 951,902,035 $ 398,125,111 $ 144,221,093 $ 472,175,649

Participants

202120202019201820172016201520142013
Total Participants:559969729812162946054165936908679976
Active Part.:198938020560760628926891671230268763
Retired Part.:315417794037939870746840313059518764
Deceased Part.:984936822916341514795552670

Insurance

No Insurance Coverage

Providers

DRUIMInvestment management
Investment management fees paid directly by plan
Compensation:$622,079
Relation:NONE
GG TFYKJB
P. O. BOX 411904
KANSAS CITY, MO 641411904
Investment management
Investment management fees paid directly by plan
Compensation:$530,284
Relation:NONE
KCXETZ PQUKTWJYAQ CHGActuarial
Direct payment from the plan
Compensation:$500,495
Relation:NONE
US DARUWDV LQHDYBCZZGInvestment management
Investment management fees paid directly by plan
Compensation:$204,877
Relation:NONE
YSBFA LTXHHTrustee (bank, trust company or similar financial institution)
Direct payment from the plan
Compensation:$113,843
Relation:NONE
SGGSO HQEGLIIY NCZAccounting (including auditing)
Direct payment from the plan
Compensation:$34,725
Relation:NONE

Features

    1A - Benefits are primarily pay related

    1C - Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).

Health Benefits

Financials

202120202019201820172016201520142013
BOY Assets: $ 0 $ 500 $ 7 $ 0 $ 677 $ 7,000
Liabilities: $ 0 $ 45 $ 95 $ 29 $ 8 $ 898 $ 8 $ 8 $ 3
EE Contrib: $ 0 $ 66 $ 8 $ 0 $ 18 $ 8 $ 87
Emp Contrib: $ 0 $ 75 $ 0 $ 2 $ 8 $ 78 $ 42 $ 74
Income/Loss: $ 0 $ 8 $ 9 $ 5 $ 5
Total Income: $ 0 $ 0 $ 5 $ 55
Paid Benefits: $ 0 $ 6 $ 74 $ 47 $ 7
Expenses: $ 0 $ 1 $ 184 $ 3 $ 11 $ 11
  Commission: $ 0 $ 38 $ 1 $ 1 $ 51
Net Income: $ 0 $ 37 $ 44 $ 584 $ 31 $ 23 $ 5
Net Assets: $ 0 $ 971 $ 8 $ 7 $ 898 $ 6 $ 98

Participants

202120202019201820172016201520142013
Total Participants:215390734472456183570492992118528160
Active Part.:198752536227316425638057089275063406
Retired Part.:166346352591029494348063812
Deceased Part.:8635 83 5dcd3ed

Insurance

PAJZ KAXJNWKDQ CLGYCDF TP GBRZM NGEPZLC
Renewal:12-31-2021
Covered:2313
  1. ACCIDENTAL DEATH AND DISMEMBERMENT

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 0
Commission $ 0
Fees $ 49
Brokers
KJSH GUIHZYXPN GBUWNEH WL LIXOM WPSSURR
Renewal:12-31-2021
Covered:1983
  1. ACCIDENTAL DEATH AND DISMEMBERMENT

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 207,168
Commission10% $ 20,717
Fees1.17% $ 2,416
Brokers
HNLQ MIRRWMGHG YPWHYTY IW VVBUM EEOXKPD
Renewal:12-31-2021
Covered:1986
  1. Long Term Disab. Ins

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 484,771
Commission10% $ 48,477
Fees1.17% $ 5,662
Brokers
AQOSMBVG SPDPJHACKQR
Renewal:12-31-2021
Covered:1975
  1. EMPLOYEE ASSISTANCE PROGRAM

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 35,051
Commission0% $ 0
Fees0% $ 0
IHEX MRGZPNYGO HZSINMK OR OHETN GYUSWDM
Renewal:12-31-2021
Covered:2000
  1. Life Insurance

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 1,101,273
Commission9.87% $ 108,710
Fees0.91% $ 10,000
Brokers
QXGGV KZTT ENFGQGART AP.
Renewal:12-31-2021
Covered:18
  1. Health
  2. Dental
  3. Vision

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 102,590
Commission9.75% $ 10,002
Fees0.58% $ 594
Brokers

Providers

No Providers

Features

    4A - Health (other than vision or dental).

    4B - Life insurance.

    4D - Dental.

    4E - Vision.

    4H - Long-term disability.

    4L - Death benefits (include travel accident but not life insurance).

    4Q - Other.