PLANT FOOD CO INC

4005 REFLECTION CT
NAPLES, FL 34109

Talking Points

For the Agent

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

  • A break in policy terms may indicate inconsistent work load which can result in substandard employment.
Needs Attention

Experience Mod Rating

Mod is an indication of how risky a company is to insure. It is based on a company's claim history.

  • Experience Mod is in-line with peers, in the 57th percentile.
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.

  • 7% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 6.6% of the market.
Good

Business Stats

Policy History

Term Carrier LCM
2024

-
2024

1.341
2024

-
2024

-
2024

1.320
2024

-
2023

-
2022

-
2021

-
2020

-
2019

-
2018

-
2017

-
2016

-
2015

-
2014

-
2013

-

Contacts

Gdiogntb Muqnt
Owner
(726) 674-9173
mdv@zltcotmfchx.uld

RYEQWOF L. VKOQASPAJR
Benefits Admin
(321) 785-2991
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rpdxnf@vwfafawuktv.xtb

Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 10,382,022 $ 4,089,860 $ 981,037 $ 1,411,418 $ 2,727,602 $ 2,679,681 $ 6,434,598 $ 5,007,900 $ 6,386,041 $ 9,094,114 $ 9,792,336 $ 1,350,688
Liabilities: $ 0 $ 7 $ 0 $ 7 $ 3
EE Contrib: $ 464,791 $ 387,587 $ 116,524 $ 977,171 $ 251,371 $ 341,450 $ 656,781 $ 721,745 $ 876,648 $ 954,672 $ 111,616 $ 879,960
Emp Contrib: $ 484,187 $ 675,815 $ 453,280 $ 401,712 $ 3,684 $ 842,067 $ 952,205 $ 511,216 $ 490,854 $ 629,241 $ 792,667 $ 313,853
Income/Loss: $ 1,395,847 $ 8,032,459 $ 7,190,580($ 291,568) $ 2,402,578 $ 108,833 $ 40,070 $ 971,907 $ 258,260 $ 574,528 $ 70,189 $ 537,607
Total Income: $ 2,344,825 $ 9,962,104 $ 8,233,984 $ 118,595 $ 1,161,894 $ 700,157 $ 974,312 $ 367,908 $ 7,054,685 $ 340,312 $ 955,228 $ 614,157
Paid Benefits: $ 205,783 $ 457,404 $ 434,550 $ 679,283 $ 621,999 $ 97,863 $ 76,899 $ 7,516 $ 84,140 $ 28,415 $ 46,431 $ 16,171
Expenses: $ 0 $ 8 $ 9 $ 2 $ 5 $ 57 $ 6 $ 6
  Commission: $ 1,063 $ 333 $ 436 $ 435 $ 172 $ 128 $ 807 $ 200 $ 832 $ 741 $ 30 $ 376
Net Income: $ 2,137,979 $ 2,152,586 $ 5,370,986 $ 331,662 $ 546,246 $ 25,058 $ 40,605 $ 388,705 $ 741,676 $ 241,368 $ 369,173 $ 334,850
Net Assets: $ 12,520,001 $ 67,502,721 $ 3,985,429 $ 5,668,532 $ 6,628,295 $ 3,398,244 $ 7,012,267 $ 3,646,197 $ 8,473,686 $ 796,050 $ 3,101,088 $ 2,017,231

Participants

202120202019201820172016201520142013201220112010
Total Participants:537298655933275072589881
Active Part.:466217204433538749814b29
Retired Part.:986c6bbf93afbb2ff3bb363
Deceased Part.:222d2ca53e3cd6635f

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.

    2S - Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.

    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.

Motor Carrier