BANCO DE SABADELL S A

50 NE 9TH ST
MIAMI, FL 33132

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.

  • 8% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 6.4% of the market.
Good

Business Stats

Policy History

Term Carrier Premium LCM
2022

1.709
(Current: 1.808)
2022

-
2021

1.675
2021

-
2021

1.260
2020

1.675
2020

-
2020

1.260
2019

1.675
2019

-
2019

1.260
2018

1.669
2018

-
2018

1.260
2017

1.669
2017

-
2017

1.260
2016

-
2016

-
2016

1.260
2015

-
2015
12-01-2014

-
2014

-
2014

-
2013
12-01-2013

-

Contacts

b7
(214) 685-5176
aa83c

71
(439) 440-8904
2638

BTOMWXJ ECWMUSG
Benefits Admin
(817) 513-3094
3024

NGSGS VFNSVKFQB
Benefits Admin
(119) 851-5899
ae83

RUFXQ AMFUCHLPD
Benefits Admin
(182) 161-3667
c9213

Zvumm Nxkz
President, CEO, Iberiabank Corpo
(031) 289-8291
aihes.wbgb@hrknhodsjn.zoi

Dftolf Dmbdxr
Vice President
(524) 137-0472
hrfgdkr@coeowtueeaao.xiy

Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 53,999,070 $ 53,569,723 $ 62,698,790 $ 8,754,129 $ 96,758,859 $ 81,498,131 $ 75,126,033 $ 19,242,206 $ 41,161,392 $ 47,689,344 $ 4,579,864 $ 2,810,899
Liabilities: $ 21 $ 40 $ 49 $ 6 $ 7 $ 80 $ 7
EE Contrib: $ 2,512,336 $ 4,738,317 $ 4,728,687 $ 4,289,279 $ 1,322,425 $ 9,299,484 $ 5,547,224 $ 5,906,603 $ 1,748,057 $ 7,132,656 $ 3,098,106 $ 4,256,255
Emp Contrib: $ 1,144,672 $ 588,331 $ 7,102,464 $ 505,143 $ 3,475,029 $ 9,381,682 $ 7,334,813 $ 9,391,407 $ 6,904,038 $ 1,432,510 $ 2,132,033 $ 367,387
Income/Loss: $ 3,958,439 $ 2,991,410 $ 3,790,094($ 613,978) $ 5,144,580 $ 359,311($ 7,543,866) $ 786,261 $ 8,184,400 $ 5,421,036($ 255,477) $ 78,400
Total Income: $ 10,407,125 $ 10,323,586 $ 49,411,206 $ 3,215,322 $ 93,532,235 $ 7,574,566 $ 4,302,390 $ 2,953,540 $ 3,711,887 $ 5,108,107 $ 4,081,965 $ 497,571
Paid Benefits: $ 1,825,554 $ 9,642,060 $ 966,010 $ 3,422,254 $ 52,067,693 $ 6,250,687 $ 7,592,260 $ 3,831,759 $ 1,777,387 $ 757,067 $ 551,052 $ 603,275
Expenses: $ 0 $ 94 $ 48 $ 3 $ 7 $ 91 $ 1 $ 9
  Commission: $ 10,044 $ 37,657 $ 847 $ 647 $ 46,211 $ 7,965 $ 5,309 $ 4,085 $ 5,391 $ 1,268 $ 6,413 $ 6,864
Net Income: $ 8,571,527 $ 7,168,422 $ 8,856,522($ 557,302)($ 591,658) $ 8,558,372 $ 5,618,679 $ 9,511,861 $ 3,233,739 $ 1,364,562 $ 7,015,374 $ 7,498,997
Net Assets: $ 62,570,597 $ 12,496,052 $ 21,477,705 $ 13,297,065 $ 23,164,031 $ 19,073,363 $ 90,804,267 $ 60,926,934 $ 32,063,177 $ 55,306,817 $ 29,513,373 $ 6,518,671

Participants

202120202019201820172016201520142013201220112010
Total Participants:415926902820520736835508739387353990
Active Part.:241439327586241899434126218787660855
Retired Part.:65873469d5c92ce5
Deceased Part.:bcf24a2613cfaeceaf

Insurance

No Insurance Coverage

Providers

PAYJJXUR YIRZLGKWKVV PWECIKZSFGHNM
YQCDJPNV LEKAUAPMVEX DDUNDXMZWMFACParticipant loan processing
Sub-transfer agency fees
Recordkeeping fees
Account maintenance fees
Compensation:$5,519
Relation:RECORDKEEPER
AEEZPOCK TUCBPGBUENR UFYRCECUBWBWR
Source: ABF SM CAP VAL R5 - DST ASSET MANA
Sub-transfer agency fees
Compensation:0.04%
SZVPMEAV BVXOELLITUT PPFMSBJFIJHKM
Source: ARTISAN INTL - DST ASSET MANAGER S
Sub-transfer agency fees
Compensation:0.40%
ABOSKIDO FTVSIREKLXY SOPINZTWEPGEY
Source: AS EMRG MKTS EQ IS - DST ASSET MAN
Sub-transfer agency fees
Compensation:0.15%
MQSZVDET DWAGIVUTQAZ RUEPDSZCBKBTQ
Source: AS GOVT SECS IS - DST ASSET MANAGE
Sub-transfer agency fees
Compensation:0.15%
EMWBRBMQ GZKGCUXHZNR JYHGAWMOPJHCJ
Source: AS PREC METALS A - DST ASSET MANAG
Sub-transfer agency fees
Compensation:0.55%
ROMHSCLG SVGEXRUWWJN TQGLMCRNAQNCM
Source: C&S INST REALTY SHS - DST ASSET MA
Sub-transfer agency fees
Compensation:0.10%
EPEOOUQE VYBCFLHUOMG EBKGZIMWUXACV
Source: HARBOR CAP APP INST - HARBOR SERVI
Sub-transfer agency fees
Compensation:0.10%
NOUDFLHZ WSSPEVKXZCN LRJWXFORFATOK
Source: INVS DIVRS DIVD R5 - INVESCO INVES
Sub-transfer agency fees
Compensation:0.35%
SJICQPQH TOFJVBECUEM GRAMMYPVUDFPE
Source: J H TRITON I - JANUS HENDERSON SER
Sub-transfer agency fees
Compensation:0.10%
OCUYHTHY UIWBEGGCQFY GIMEAGWVUFZGC
Source: MFS INTL NEW DISC R4 - MFS SERVICE
Sub-transfer agency fees
Compensation:0.15%
HRQYSGXD VZYQUQOPARC NBEEXPOKSZWNP
Source: PIF SHORT TERM INC A - PRINCIPAL S
Sub-transfer agency fees
Compensation:0.30%
HLGDBOPC OHROEJFNHBI DNAJOROAPJSTM
Source: TRP HEALTH SCIENCES - T. ROWE PRIC
Sub-transfer agency fees
Compensation:0.15%
BVMQBIRR ZCKJCEYHTUT AVSDLSGYJLFNV
Source: WA CORE BOND I - BNY MELLON INVEST
Sub-transfer agency fees
Compensation:0.10%

Features

    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.

    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.

    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.

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

Health Benefits

Financials

20212020201920182017
BOY Assets: $ 0 $ 7 $ 97 $ 9
Liabilities: $ 0 $ 1 $ 5 $ 80 $ 5
EE Contrib: $ 0 $ 30 $ 9 $ 3
Emp Contrib: $ 0 $ 9 $ 0 $ 8 $ 4
Income/Loss: $ 0 $ 51 $ 1 $ 115 $ 5
Total Income: $ 0 $ 9 $ 81 $ 70
Paid Benefits: $ 0 $ 32 $ 3 $ 95 $ 5
Expenses: $ 0 $ 8 $ 8
  Commission: $ 0 $ 2 $ 4 $ 66
Net Income: $ 0 $ 21 $ 9 $ 9
Net Assets: $ 0 $ 7 $ 0 $ 94

Participants

20212020201920182017
Total Participants:243107320031021
Active Part.:242597842473246
Retired Part.:17219
Deceased Part.:e00eef453

Insurance

JHPXUOIT QXAAKDBF LALZ WVWCXOECX OJTNPXI
Renewal:12-31-2021
Covered:47
  1. CRITICAL ILLNESS

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 9,924
Commission15.01% $ 1,490
Fees0.63% $ 63
Brokers
ABAZUKEK TNCWGCWE LLAZ JWFYSFPLH NOLIQUN
Renewal:12-31-2021
Covered:47
  1. Health
  2. Indemnity Contract

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 24,442
Commission13.19% $ 3,225
Fees0% $ 0
Brokers
KDJRMVQJ EIEKSXXW HKLZ ZWINZNHTR IWIQVLH
Renewal:12-31-2021
Covered:399
  1. Vision

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 23,396
Commission10.58% $ 2,475
Fees0% $ 0
Brokers
NTGWMQAHWM MBUYMQLFG QFKEAHR XH ESZXLFX
Renewal:12-31-2021
Covered:242
  1. Life Insurance
  2. Temp. Disability Insurance
  3. Long Term Disab. Ins
  4. ACCIDENTAL DEATH AND DISMEMBERMENT, EMPLOYEE ASSISTANCE PROGRAM

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 236,136
Commission10.37% $ 24,479
Fees0.02% $ 48
Brokers
RZCPKNASBFJLKDVZ QNJBZPSBA ZVEHSUU
Renewal:12-31-2021
Covered:103
  1. ACCIDENT

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 4,434
Commission0% $ 0
Fees0% $ 0
RSOVWQTOWQVEXRNM WDHXXLFZO WLEKQIG
Renewal:12-31-2021
Covered:219
  1. Health

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 3,139,556
Commission0% $ 0
Fees2.51% $ 78,794
Brokers
SYYRBJXE YUDTLQRH QMXC PUUXCEXGE TOKZFWU
Renewal:12-31-2021
Covered:72
  1. ACCIDENT

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 15,237
Commission11.43% $ 1,741
Fees0.41% $ 62
Brokers
UNGMR KIDLCD XLR NEVH ZBLETYCPH FOSTTOX ADL KATQGZKQEJ
Renewal:12-31-2021
Covered:510
  1. Dental
  2. HMO Contract
  3. Indemnity Contract

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 228,174
Commission9.95% $ 22,692
Fees0.71% $ 1,626
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).

    4Q - Other.