AMERICAN PLATING POWER LLC

2176 ANDREA LN
FORT MYERS, FL 33912

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.

  • 6% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 32.1% of the market.
Good

Business Stats

Policy History

Term Carrier Premium LCM
2023

2.144
2022

1.990
2022

2.030
2022
11-18-2022

-
2021

1.990
2021

-
2021

1.976
2020

-
2019

-
2018

-
2017

-
2016

-
2015

-
2014

-
2013
11-18-2012

-
2013
11-18-2013

-
2012
11-18-2012

-
2011
11-18-2011

-
2010
08-31-2009

-
2010
11-18-2010

-
2009
08-21-2009

-

Contacts

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President/CEO
(979) 664-3014
vqcqckcr.pesm@mvzue.agh

TEGU ESMUZBN
Benefits Admin
(403) 559-2601
e035

Xpobe Bplzhoqv
Partner
(307) 990-8825
2ace

7
(759) 680-7887
d70

Industry Classification

Retirement Benefits

Financials

2021202020192018201720162015201420132012
BOY Assets: $ 1,503,675 $ 5,044,914 $ 53,644 $ 847,411 $ 922,311 $ 652,292 $ 415,137 $ 63,788 $ 25,616 $ 1
Liabilities: $ 0 $ 71 $ 128 $ 81 $ 72
EE Contrib: $ 118,869 $ 188,536 $ 633,520 $ 16,851 $ 15,257 $ 66,813 $ 73,258 $ 13,794 $ 36,294 $ 50,001
Emp Contrib: $ 41,804 $ 84,323 $ 5,903 $ 70,984 $ 97,479 $ 72,365 $ 57,258 $ 86,703 $ 20,172 $ 95,097
Income/Loss: $ 227,965 $ 129,578 $ 351,674($ 95,826) $ 67,903 $ 61,194($ 735) $ 2,679 $ 379 $ 500
Total Income: $ 388,638 $ 919,955 $ 316,362 $ 480,070 $ 320,445 $ 7,782 $ 1,739 $ 8,652 $ 98,982 $ 39,676
Paid Benefits: $ 45,715 $ 49 $ 50,875 $ 1 $ 9 $ 4,187 $ 83
Expenses: $ 0 $ 68 $ 616 $ 1 $ 5 $ 4 $ 604 $ 0 $ 7
  Commission: $ 2,602 $ 4,794 $ 455 $ 944 $ 27 $ 2 $ 49 $ 49
Net Income: $ 340,321 $ 914,253 $ 727,282 $ 1,152 $ 1,989 $ 58,584 $ 94,651 $ 12,753 $ 89,641 $ 47,682
Net Assets: $ 1,843,996 $ 8,494,148 $ 7,361,223 $ 165,991 $ 660,063 $ 407,957 $ 925,904 $ 156,154 $ 13,571 $ 91,188

Participants

2021202020192018201720162015201420132012
Total Participants:179063525927023
Active Part.:147221601304562b0
Retired Part.:aef06eead7eecdc7e31
Deceased Part.:0e0e7e085b97d cc

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.

    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.

    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.