INTERCONTINENTAL CAPITAL GROUP INC

265 BROADHOLLOW RD STE 220
MELVILLE, NY 11747

Talking Points

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 70th percentile.
  • There was a recent mod increase.
Needs Attention

LCM Rate

LCMs have the largest effect on your WC costs. Carriers file LCM's which are multiplied with the state approved Loss Costs for your employment classifications to create your policy rates. Carrier Groups have several Carrier Tier's each with their own filing, allowing their underwriters to price aggressively to overly prudent depending on the risk.

  • The LCM of the Current Carrier is Higher than 67% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
Needs Attention

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.

  • 9% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 75th percentile at 11.8% of the market.
Good

Business Stats

Policy History

Term Carrier Premium LCM
2023

1.359
2023

1.973
2023

1.972
2023

2.310
2023

1.200
2023

1.546
2023

1.424
2023

-
2023

0.972
2023

-
2023

1.019
2023

0.960
2023

1.608
2023

0.870
2023

0.753
2023

0.874
2023

0.885
2023

1.078
2022

1.359
2022

-
2022

0.840
2022

0.874
2022

0.885
2022

1.001
2022
05-09-2022

1.754
2022
05-09-2022

1.972
2022
05-09-2022

2.079
2022
05-09-2022

1.200
2022
05-09-2022

1.380
2022
05-09-2022

1.424
2022
05-09-2022

-
2022
05-09-2022

-
2022
05-09-2022

-
2022
05-09-2022

0.780
2022
05-09-2022

0.753
2022
05-12-2022

0.840
2021

1.698
2021

2.284
2021

1.095
2021

-
2021

1.435
2021

-
2021

-
2021

-
2021

1.522
2021

-
2021

1.544
2021

1.341
2021

1.881
2021

1.458
2021

1.331
2021
04-07-2021

1.356
2021
04-07-2021

1.540
2021
12-01-2021

1.120
2020

1.698
2020

2.284
2020

1.095
2020

-
2020

1.356
2020

-
2020

1.540
2020

-
2020

1.478
2020

1.120
2020

1.544
2020

-
2020

1.341
2020

1.699
2020

1.458
2020

1.289
2019

2.316
2019

1.314
2019

1.042
2019

-
2019

1.495
2019

-
2019

1.806
2019

-
2019

1.052
2019

-
2019

1.433
2019
12-01-2018

1.544
2019
12-01-2018

1.530
2018

1.907
2018

1.200
2018

-
2018

-
2018

1.495
2018

-
2018

1.806
2018

1.387
2018

-
2018

1.052
2018

1.530
2018

1.600
2018

2.316
2018

1.433
2017

1.272
2017

-
2017

2.000
2017

-
2017

1.495
2017

-
2017

1.740
2017

-
2017

1.249
2017

1.530
2017

1.399
2017

1.433
2016

-
2016

-
2016

-
2016

-
2016

1.740
2016

-
2016

1.249
2016

1.399
2016

1.433
2016

-
2016

-
2016

1.740
2016

-
2016

1.530
2016

1.433
2016
12-01-2015

-
2016
12-01-2015

-
2016
12-01-2015

1.530
2015

-
2015

-
2015

-
2015

1.740
2015

-
2015

1.530
2015

1.399
2015

1.433
2014

-
2014

-
2014

-
2014

1.530
2014

-
2013
09-15-2013

-
2012
09-15-2012

-
2011
09-15-2011

-
2010
09-15-2010

-

Contacts

24
(291) 760-0781
036

a1e
(876) 912-5474
903c

SORKOK HCUIK
Benefits Admin
(425) 306-3768
06b9f

420
(271) 107-4311
86fa

dc5
(189) 062-7012
eduyr-mmppucab@5r.ihq

FYNJYZ Y BKQRF
Benefits Admin
(068) 395-8016
2ae0

EQVABO MMAUK
Benefits Admin
(402) 176-8789
02c

TFWMMIHUR LWBXFQPQOQ
Benefits Admin
(776) 421-8012
73fb

9
(279) 097-5705
c5 6

Industry Classification

Retirement Benefits

Financials

20212020201920182017201620152014
BOY Assets: $ 6,741,522 $ 7,571,369 $ 1,527,708 $ 4,071,020 $ 7,044,232 $ 362,353 $ 863,187
Liabilities: $ 0 $ 854 $ 1 $ 5 $ 4
EE Contrib: $ 5,465,966 $ 8,014,738 $ 8,641,161 $ 9,346,460 $ 644,733 $ 946,188 $ 33,031 $ 213,603
Emp Contrib: $ 0 $ 4 $ 4 $ 44 $ 3 $ 3
Income/Loss: $ 1,203,514 $ 754,017 $ 325,442($ 565,210) $ 224,587 $ 69,176($ 72,037) $ 7,006
Total Income: $ 6,905,830 $ 9,254,868 $ 2,848,353 $ 5,346,012 $ 5,760,638 $ 2,859,196 $ 50,466 $ 623,487
Paid Benefits: $ 1,234,679 $ 475,101 $ 350,045 $ 850,533 $ 766,836 $ 32,718 $ 38,635 $ 24,820
Expenses: $ 0 $ 54 $ 9 $ 6 $ 476 $ 7
  Commission: $ 56,700 $ 73,860 $ 63,730 $ 44,549 $ 2,262 $ 1,787 $ 5,870 $ 838
Net Income: $ 5,588,830 $ 5,475,289 $ 918,757 $ 789,315 $ 6,355,986 $ 23,899 $ 721,877 $ 586,787
Net Assets: $ 12,330,352 $ 3,746,114 $ 6,051,442 $ 8,832,214 $ 4,261,923 $ 9,469,623 $ 551,963 $ 15,133

Participants

20212020201920182017201620152014
Total Participants:25494839655845467626336290
Active Part.:1071016965139119178472074
Retired Part.:d2ff4d 22648
Deceased Part.:c2a7b4f64d

Insurance

No Insurance Coverage

Providers

WKMWIRZ EWZFSWDMVP UYMICSIMINE
DNWPMMHCD WXBFFJWGXPIW KATVNXOInvestment advisory (plan)
Compensation:$17,926
Relation:INVESTMENT ADVISORY
BZXEQPU, DCZ
911 PANORAMA TRAIL S
ROCHESTER, NY 14625
Recordkeeping and information management (computing, tabulating, data processing, etc.)
Compensation:$37,730
Relation:RECORDKEEPER

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.

    2R - Participant-directed brokerage accounts provided as an investment option under the plan.

    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.

Health Benefits

Financials

2021202020192018
BOY Assets: $ 0 $ 70 $ 7 $ 0
Liabilities: $ 0 $ 2 $ 997
EE Contrib: $ 0 $ 0
Emp Contrib: $ 0 $ 14 $ 44 $ 4
Income/Loss: $ 0 $ 5 $ 5
Total Income: $ 0 $ 2 $ 50 $ 2
Paid Benefits: $ 0 $ 6 $ 34
Expenses: $ 0 $ 97 $ 5 $ 0
  Commission: $ 0 $ 8 $ 8
Net Income: $ 0 $ 0 $ 5 $ 8
Net Assets: $ 0 $ 2 $ 52 $ 2

Participants

2021202020192018
Total Participants:715041129387
Active Part.:715630085807
Retired Part.:83c2dbd8
Deceased Part.: cf 61f67

Insurance

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Renewal:12-31-2021
Covered:1135
  1. Dental
  2. Vision

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 694,202
Commission4.82% $ 33,446
Fees4.19% $ 29,076
Brokers

Providers

No Providers

Features

    4D - Dental.

    4E - Vision.