Global Management Partners LLC

420 S Orange Ave, Ste 270
Orlando, FL 32801

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 75th percentile at 1.6% of the market.
Good

OSHA

Most employers with 10 or more employees are required to maintain injury and illness records, known as the 300 log. In the event of an inspection, this information will likely be requested. Even without injury or claim, the proper documentation should be readily available on a location by location basis. These logs are critical but simple to maintain.

  • Businesses with serious and/or repeat violations should be provided with risk management practices to eliminate unnecessary risk and minimize what must exist in current processes.
Needs Attention

Business Stats

Policy History

Term Carrier Premium LCM
2022

1.924
2022

-
2022

1.570
2022
08-17-2022

1.407
2022
08-17-2022

1.760
2022
08-17-2022

1.904
2022
08-17-2022

-
2022
08-17-2022

1.510
2021

1.924
2021

1.730
2021

1.540
2021

1.670
2021

1.723
2021

-
2021

1.540
2021

1.570
2021
08-17-2020

1.721
2021
08-17-2020

-
2021
08-17-2020

1.450
2021
08-17-2020

2.099
2021
08-17-2020

1.670
2021
08-17-2020

-
2021
08-17-2020

1.450
2021
08-17-2021

1.600
2021
08-17-2021

1.407
2021
08-17-2021

1.904
2021
08-17-2021

1.510
2020

1.721
2020

2.099
2020

-
2020

1.450
2020

-
2020

1.730
2020

1.540
2020

1.450
2020

1.670
2020
04-21-2020

1.670
2019

1.721
2019

-
2019

1.450
2018

-
2018

1.450
2018
10-17-2017

1.721

Contacts

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(904) 669-1853
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(068) 772-1673
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Principal
(254) 893-7700
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(199) 829-0876
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Benefits Admin
(456) 769-3914
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Benefits Admin
(042) 368-1580
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Benefits Admin
(159) 843-8503
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Benefits Admin
(860) 918-6204
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Benefits Admin
(862) 445-1567
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Industry Classification

Retirement Benefits

Financials

2020201920182017201620152014201320122011
BOY Assets: $ 40,391 $ 97,469 $ 13,228 $ 99,489 $ 14,449 $ 24,577 $ 69,523 $ 99,391 $ 18,365 $ 1
Liabilities: $ 0 $ 0 $ 2 $ 352 $ 3 $ 6 $ 8
EE Contrib: $ 0 $ 364 $ 9 $ 2,660 $ 941 $ 296 $ 331 $ 15,202
Emp Contrib: $ 0 $ 40 $ 57 $ 135 $ 4 $ 64 $ 78 $ 2,904 $ 70 $ 0
Income/Loss:($ 28,664) $ 4,500($ 27,211)($ 954)($ 42,370) $ 1,311 $ 8,461 $ 6,060($ 86,526) $ 690
Total Income:($ 28,664) $ 90,361($ 66,323)($ 5,921)($ 65,329) $ 7,664 $ 6,807 $ 8,247($ 93,369) $ 36,349
Paid Benefits: $ 0 $ 5 $ 7 $ 8 $ 8 $ 0
Expenses: $ 0 $ 0 $ 884 $ 5 $ 9 $ 0 $ 1 $ 21
  Commission: $ 0 $ 1 $ 8 $ 6
Net Income:($ 28,664) $ 19,539($ 60,819)($ 2,241)($ 4,849) $ 7,220 $ 5,786 $ 2,285($ 15,125) $ 22,657
Net Assets: $ 11,727 $ 13,474 $ 61,636 $ 11,404 $ 78,891 $ 91,764 $ 45,936 $ 26,470 $ 79,205 $ 21,335

Participants

2020201920182017201620152014201320122011
Total Participants:1798882377
Active Part.:1034703066
Retired Part.:edb3377dd0ffd
Deceased Part.:2ca3af2a0ebeaaba7a345db

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.

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

    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.

    3H - Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).


OSHA