A MID FLORIDA AGENCIES INC

2602 SW 19TH AVENUE RD
OCALA, FL 34471

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.

  • 3% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 75th percentile at 1% of the market.
Good

Business Stats

Policy History

Term Carrier
2022
11-12-2022

2021

2020

Contacts

QSDNSE QOXF
Benefits Admin
(525) 717-1965
309

CGVAWQ U. NJWM
Benefits Admin
(835) 032-1626
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7
(793) 436-3519
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Industry Classification

Retirement Benefits

Financials

20212020
BOY Assets: $ 215,178 $ 4
Liabilities: $ 0 $ 932
EE Contrib: $ 0 $ 94
Emp Contrib: $ 209,712 $ 513,702
Income/Loss: $ 6,124 $ 7
Total Income: $ 215,836 $ 838,630
Paid Benefits: $ 0 $ 1
Expenses: $ 0 $ 4
  Commission: $ 1,092 $ 9
Net Income: $ 214,744 $ 327,379
Net Assets: $ 429,922 $ 833,409

Participants

20212020
Total Participants:33
Active Part.:32
Retired Part.:b
Deceased Part.:e

Insurance

No Insurance Coverage

Providers

No Providers

Features

    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).

    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.