CENTRAL METAL FABRICATORS INC

900 SW 70TH AVE
MIAMI, FL 33144

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.

  • 10% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 7.2% of the market.
Good

OSHA

Most employers with 10 or more employees are required to maintain injury and illness records, known as the 300 log. In the event of an inspection, this information will likely be requested. Even without injury or claim, the proper documentation should be readily available on a location by location basis. These logs are critical but simple to maintain.

  • Businesses with serious and/or repeat violations should be provided with risk management practices to eliminate unnecessary risk and minimize what must exist in current processes.
Needs Attention

Business Stats

Policy History

Term Carrier
2022

2021

2020

2019

2019

2018

2017

2016

2015

2014

2013

2012
11-28-2012

2011
11-28-2011

2010
11-28-2010

2009
11-28-2009

Contacts

Qsjduc Qinsov
President & Chief Executive Offi
(961) 800-2061
umvzw@pit-mf.jsg

QVTMRU NBSHDC
Benefits Admin
(280) 980-9238
99a

Zjmcvt Didrtr
Owner
(852) 190-7903
xlf6h@hhm-vt.tom

Industry Classification

Retirement Benefits

Financials

20212020201920182017201620152014201320122011
BOY Assets: $ 727,025 $ 710,154 $ 384,478 $ 582,045 $ 512,331 $ 517,947 $ 183,942 $ 307,053 $ 496,200 $ 710,371 $ 762,024
Liabilities: $ 0 $ 8 $ 11 $ 84 $ 4 $ 4 $4,000,000,000 $ 879 $ 4
EE Contrib: $ 0 $ 82 $ 423 $ 2,801 $ 3 $ 62 $ 5 $ 2,310 $ 9,470
Emp Contrib: $ 5,231 $ 87,073 $ 8,391 $ 1,043 $ 63,287 $ 68,336 $ 9 $ 82,291 $ 33,746 $ 905,101 $ 3
Income/Loss: $ 154,648 $ 8,820 $ 37,733 $ 79,786($ 8,955) $ 26,426 $ 33,413 $ 92,992($ 1,098) $ 4,848
Total Income: $ 159,879 $ 93,896 $ 40,891 $ 99,278 $ 54,662 $ 61,158 $ 31,376 $ 96,002 $ 75,499 $ 82,327 $ 46,911
Paid Benefits: $ 34,794 $ 74,903 $ 2,060 $ 67,925 $ 97,442 $ 438 $ 71,684 $ 94,576 $ 87,835 $ 5,126 $ 6,090
Expenses: $ 0 $ 1 $ 5 $ 0 $ 458 $ 98 $ 808
  Commission: $ 11,182 $ 49,088 $ 72,537 $ 9,576 $ 2,134 $ 3,607 $ 6,065 $ 260 $ 542 $ 271 $ 74
Net Income: $ 113,903($ 75,445) $ 33,912 $ 54,256 $ 97,209 $ 14,311($ 96,928) $ 46,094 $ 52,635 $ 16,506 $ 5,707
Net Assets: $ 840,928 $ 763,961 $ 620,150 $ 586,735 $ 761,812 $ 685,619 $ 296,294 $ 510,411 $ 437,189 $ 384,825 $ 807,173

Participants

20212020201920182017201620152014201320122011
Total Participants:3172547830793172721675
Active Part.:20847351795310cff02a1efc8
Retired Part.:964a0f77cd61a724bfabf7
Deceased Part.:232213cbf66f3a96a813677d

Insurance

No Insurance Coverage

Providers

No Providers

Features

    2E - Profit-sharing

    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.


OSHA