RIALTO ASSOCIATE SERVICES LLC

200 S BISCAYNE BLVD STE 3550
MIAMI, FL 33131

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.

  • 11% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 9.5% of the market.
Good

Business Stats

Policy History

Term Carrier Premium LCM
2023

1.430
2022

2.485
2022

1.620
2022

1.404
2022

1.980
2022

1.730
2022

-
2022

1.961
2022

1.320
2021

1.130
2021

1.300
2021

1.248
2021

1.650
2021

1.557
2021

-
2021

1.214
2020

1.630
2020

1.819
2020

-
2020

2.640
2020

-
2020

2.140
2020

1.530
2019

-
2019

-
2019

1.213
2019

1.320
2019

-
2019

1.159

Contacts

BCNX ACDTD
Benefits Admin
(757) 485-2929
67f

ONROOSHX BOVYINR
Benefits Admin
(129) 773-0414
dcf

CWPMSIQD SAHZVAJ
Vice President Human Resources
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tzsjlrrt.uqwakbl@tsdbkobaogvit.psr

Qgv Npmpb
Principal
(870) 738-5674
5f

bcb
(038) 496-9500
3518

Industry Classification

Retirement Benefits

Financials

202120202019
BOY Assets: $ 31,842,086 $ 30,642,060
Liabilities: $ 0 $ 64 $ 7
EE Contrib: $ 3,073,789 $ 1,103,443 $ 5,223,122
Emp Contrib: $ 864,474 $ 718,676 $ 163,738
Income/Loss: $ 3,009,672 $ 9,330,042 $ 2,085,932
Total Income: $ 8,773,063 $ 829,200 $ 9,851,354
Paid Benefits: $ 3,262,115 $ 6,643,517 $ 7,746,230
Expenses: $ 0 $ 71 $ 4
  Commission: $ 24,907 $ 38,128 $ 90,600
Net Income: $ 5,486,041 $ 2,425,429 $ 6,858,740
Net Assets: $ 37,328,127 $ 69,432,978 $ 87,868,536

Participants

202120202019
Total Participants:349845621
Active Part.:254109534
Retired Part.:009
Deceased Part.:cd4a

Insurance

AUCRDSQLTM VPYAKEANSF ABKSKSAPL PZX ODBZTYI UAZGFBI
Renewal:12-31-2021
Covered:65
PENSION_EOY_SEP_ACCT_AMT: 0PENSION_PREM_PAID_TOT_AMT: 0

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 0
Commission $ 0
Fees $ 0

Providers

JCXWZPS CCJHHD & JP. BAQ. SBU DRCPX
KDZVQZ GJLWJDQTRJ BBDC KLZYDHFL,TAKRecordkeeping and information management (computing, tabulating, data processing, etc.)
Investment advisory (participants)
Direct payment from the plan
Recordkeeping fees
Compensation:$22,574
Relation:NONE
IPVLBWS YIEQEV & PV., DHM.Securities brokerage
Direct payment from the plan
Shareholder servicing fees
Float revenue
Securities brokerage commissions and fees
Compensation:$1
Relation:NONE
DRHBRXE DDZDHH & GX WXB WSJ BNBCLVL
Source: SEE ATTACHMENT
Shareholder servicing fees
Compensation:SEE ATTACHMENT

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.

Health Benefits

Financials

20212020201920182017
BOY Assets: $ 0 $ 21 $ 8
Liabilities: $ 0 $ 8 $ 0 $ 857 $ 1
EE Contrib: $ 0 $ 7 $ 99 $ 4
Emp Contrib: $ 0 $ 8 $ 4 $ 8
Income/Loss: $ 0
Total Income: $ 0 $ 5 $ 0 $ 2 $ 99
Paid Benefits: $ 0 $ 2
Expenses: $ 0 $ 27 $ 2 $ 79
  Commission: $ 0 $ 6 $ 9
Net Income: $ 0 $ 52 $ 7 $ 91
Net Assets: $ 0 $ 2 $ 69

Participants

20212020201920182017
Total Participants:245758408913840
Active Part.:238302373987318
Retired Part.:747432
Deceased Part.:9330d73

Insurance

IGKZJYAKCDALTUHV UHFVZKTUG UIKPZBR
Renewal:12-31-2021
Covered:440
  1. Health
  2. Prescription Drug

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 2,789,075
Commission0% $ 0
Fees2.06% $ 57,464
Brokers
ZPWCJZNG RYYX XIFGZYSVM MOSR
Renewal:12-31-2021
Covered:203
  1. Vision

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 20,616
Commission0% $ 0
Fees1.11% $ 228
Brokers
DHHXP BSVRAW FWZITIXMD BCFOABI
Renewal:12-31-2021
Covered:198
  1. Dental

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 190,908
Commission4.43% $ 8,450
Fees0% $ 0
Brokers
QXAKQJLF BKWWVMHEI SHFKJSX
Renewal:12-31-2021
Covered:238
  1. Life Insurance
  2. ACCIDENTAL DEATH AND DISMEMBERMENT

Retention: $ 61,620
Claims: $ 12,144
Loss Ratio:0.16
Exp Rated Premium $ 73,765
Non-Exp Rated Premium: $ 0
Commission12.54% $ 9,250
Fees7.85% $ 5,791
Brokers
TATQQNNG OGMBIXGMJ OGNDICJ
Renewal:12-31-2021
Covered:238
  1. Long Term Disab. Ins

Retention: $ 56,095
Claims: $ 41,496
Loss Ratio:0.51
Exp Rated Premium $ 80,918
Non-Exp Rated Premium: $ 0
Commission12.53% $ 10,143
Fees7.46% $ 6,039
Brokers
BBIOCXNS VXKOFIGRD ZMBLTSG
Renewal:12-31-2021
Covered:238
  1. Temp. Disability Insurance

Retention: $ 58,588
Claims: $ 87,093
Loss Ratio:1.22
Exp Rated Premium $ 71,220
Non-Exp Rated Premium: $ 0
Commission12.55% $ 8,935
Fees7.59% $ 5,409
Brokers
UZBWGBBB - WQCMEXUT OOHSOKDF JFRZ OWKDWTFGP DOYEZDQ
Renewal:12-31-2021
Covered:74
  1. ACCIDENT, CRITICAL ILLNESS

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 15,306
Commission40.47% $ 6,195
Fees0% $ 0
Brokers
MNFEFYRU - YTWZHOKM OSYWQTTF RDJC CZPYUQNUJ TFUZPFF
Renewal:12-31-2021
Covered:13
  1. HOSPITAL INDEMNITY

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 3,072
Commission12.21% $ 375
Fees0% $ 0
Brokers

Providers

No Providers

Features

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

    4B - Life insurance.

    4D - Dental.

    4E - Vision.

    4F - Temporary disability (accident and sickness).

    4H - Long-term disability.

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