GUGGENHEIM CAPITAL, LLC

227 W MONROE STREET, SUITE 490
CHICAGO, IL 60606

Talking Points

Premium

Worker's Comp premium is based on two key factors - the LCM your carrier has filed to use, and the total payroll you run over the policy term, which is multiplied by the rate to determine premium. Comparing premium to businesses in the same industry and of similar size can indicate how fair your WC insurance provider's costs are relative to the market.

  • Premium is in-line with peers, in the 34th percentile.
Good

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 43rd 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 75% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • In the last year, LCM Increased by 42%. While peers Increased an average of 3%.
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.

  • 13% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 15.4% of the market.
Good

Business Stats

Policy History

Term Carrier Premium LCM
2023

2.310
2023

1.000
2023

1.000
2022

1.630
2022

1.200
2022

1.483
2022

-
2022

2.079
2022

1.340
2022

-
2022

1.152
2022

1.330
2022

-
2022

-
2022

1.535
2022

-
2022

1.130
2022

1.250
2022

1.441
2022

1.302
2022

1.350
2022

1.490
2022

1.280
2022

1.472
2022

1.360
2021

1.630
2021

1.200
2021

1.483
2021

-
2021

2.030
2021

1.340
2021

-
2021

1.152
2021

1.330
2021

-
2021

-
2021

1.535
2021

-
2021

1.130
2021

1.250
2021

1.441
2021

1.302
2021

1.150
2021

1.350
2021

1.330
2021

-
2021

1.280
2021

1.472
2020

-
2020

1.200
2020

1.483
2020

-
2020

-
2020

-
2020

1.152
2020

1.330
2020

-
2020

-
2020

1.535
2020

1.130
2020

1.250
2020

1.441
2020

1.302
2020

-
2020

1.150
2020

1.350
2020

1.330
2020

-
2020

1.276
2020

1.472
2019

-
2019

1.203
2019

1.858
2019

-
2019

1.500
2019

-
2019

-
2019

1.323
2019

1.202
2019

-
2019

1.032
2019

-
2019

-
2019

1.744
2019

1.374
2019
11-15-2019

-
2019
11-15-2019

1.590
2019
11-15-2019

1.380
2019
11-15-2019

1.296
2019
11-15-2019

1.590
2018

-
2018

1.203
2018

-
2018

-
2018

1.269
2018

1.590
2018

-
2018

-
2018

1.323
2018

-
2018

1.202
2018

1.296
2018

-
2018

1.590
2018

-
2018

1.661
2018

1.858
2018

1.374
2017

-
2017

1.203
2017

-
2017

-
2017

1.269
2017

1.590
2017

-
2017

1.323
2017

-
2017

1.202
2017

-
2017

1.590
2017

1.569
2017

1.374
2016

-
2016

-
2016

-
2016

1.269
2016

1.539
2016

-
2016

1.202
2016

-
2016

1.539
2016

1.374
2015

-
2015

-
2015

-
2015

-
2015

-
2015

1.539
2015

-
2015

1.202
2015

-
2015

1.032
2015

1.539
2015

-
2015

2.264
2015

1.374
2015
11-15-2014

-
2014

-
2014

-
2014

-
2014

-
2014

-
2014

-
2014

-
2014
11-15-2014

-
2014
11-15-2014

-
2013

-
2013

-
2013

-
2013

-
2013

-
2013

-
2013

-
2013
11-15-2013

-
2012

-
2012

-
2012

-
2012

-
2012
11-15-2012

-
2011

-
2011

-
2011

-
2011

-
2011
11-15-2011

-
2010

-
2010

-
2010
11-15-2010

-
2010
11-15-2010

-
2009
11-15-2009

-
2009
11-15-2009

-

Contacts

U Sbzbh Qfkwnh
President
(182) 979-8457
f0b

BAIK ZUBATKL
Benefits Admin
(439) 905-5236
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XVEG GFCX
Benefits Admin
(635) 470-1958
cbb4

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(131) 208-8018
e409

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(324) 324-1486
170a

Mero J Sofult
Chief Executive Officer
(192) 395-0333
4a1b

IPUNSAW ZSZKVV
Benefits Admin
(036) 031-7517
c479a

UWIUM R. PCEVJ
Benefits Admin
(992) 963-1024
af1

Ydsmh Lzwffni
Senior Advisor
(374) 715-0915
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RRQ XUMWSQ BCL
Officer
(128) 004-6939
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ZJBTJAC JDAQPO
Benefits Admin
(621) 224-4798
61772

HYJIOMM DLU
Benefits Admin
(203) 166-7481
90b

96b
(059) 577-9581
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CSNEO XMVLP
Benefits Admin
(136) 999-1965
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NKZFA EVDZA
Benefits Admin
(610) 344-0989
c79

Hemn X Jiwjvg
Chief Executive Officer
(148) 255-6039
b097

PTAN CJPOIMQ
Benefits Admin
(140) 077-7704
a00

Noexa R Judavz
Manager
(928) 535-4754
bac

XFTR CCSJTOPN
Benefits Admin
(910) 503-3864
e119

IBQWH COVZKRD
Benefits Admin
(242) 212-0003
2c709

WWENJK GUNAV
Benefits Admin
(954) 003-1424
b44c

LBTBMHC JAYKXOKWLYTL
Chief Human Resources Officer
(540) 297-7056
cxitnieissiqx@ruou-nh.cmg

LIDB MRZC URNPQ
Benefits Admin
(310) 915-0813
0274

Fmcrrzv C Jpkpzu
Principal
(610) 708-3857
a1f7

RRVXO YSELM
Benefits Admin
(367) 324-6922
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RJCRQA DNKXQM
Benefits Admin
(302) 802-1908
4c07

Smvz M Ylcfgv
Chief Executive Officer
(879) 728-1712
7e474

DKQEMKDF YPAPCXMEN
Benefits Admin
(945) 207-7338
01a49

SQFQONW EJFUTIOG
Benefits Admin
(119) 651-2403
9b21

RVCBMVOS YQZYDNGJC
Benefits Admin
(588) 179-6598
b04

BOWJL EVWBYR
Benefits Admin
(515) 427-2486
1f26

SXPPF SHQKR
Benefits Admin
(136) 894-1962
606

OMITFA XIYBN
Benefits Admin
(036) 657-9693
071

AKPHC FZVOYN
Benefits Admin
(242) 183-4096
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NDTSV JFQWTS
Benefits Admin
(846) 209-3730
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VZKISB XDSRRI
Benefits Admin
(581) 158-8528
1167c

BILWJXU SFAQIBBQ
Benefits Admin
(169) 245-3388
ce44

VDJZJ VPQKN
Chief Human Resources Officer
4c4
wkhzi.iimup@tkshmhejwskuckhvjd.bol

Ifm Dysdza
CFO
5e0
yvg.teutlu@ycwcrlqmryte.qva

Wfuko Vhwzw
Senior Manager, Operations
5541
tqhorh@6zaxupqikp.rnc

PGMX TWFJQ
Benefits Admin
(868) 667-4571
a6a9f

OLLE UEEH
Benefits Admin
(392) 717-4554
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AIYCGZK CDGDT
Benefits Admin
(176) 648-2162
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YITZAMT Y'RYEN
Benefits Admin
(682) 456-0368
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ZBDA AOHIHT
Benefits Admin
(928) 454-8700
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JUVQGS GVLCZR
Benefits Admin
(751) 765-8400
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Benefits Admin
(797) 035-7101
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Benefits Admin
(339) 364-4356
417

Industry Classification

Retirement Benefits

Financials

2021202020192018201720162015201420132012
BOY Assets: $ 1,744,760 $ 8,401,169 $ 789,606 $ 212,445 $ 430,949 $ 839,381 $ 468,885 $ 394,389 $ 29,130
Liabilities: $ 0 $ 69 $ 6 $ 0 $ 0
EE Contrib: $ 65,967 $ 5,735 $ 532,395 $ 24,242 $ 44,825 $ 61,469 $ 75,669 $ 65,010 $ 58,523 $ 57,214
Emp Contrib: $ 32,344 $ 15,020 $ 73,058 $ 99,298 $ 3,896 $ 97,773 $ 92,657 $ 56,491 $ 17,970
Income/Loss: $ 496,152 $ 754,492 $ 918,353($ 53,090) $ 531,552 $ 37,318 $ 9,692 $ 42,328 $ 52,808 $ 980
Total Income: $ 594,463 $ 634,994 $ 760,711 $ 81,631 $ 186,562 $ 644,968 $ 381,221 $ 456,946 $ 855,645 $ 55,153
Paid Benefits: $ 0 $ 132,642 $ 1 $ 1,339
Expenses: $ 0 $ 13 $ 1 $ 2 $ 324 $ 5 $ 8 $ 21
  Commission: $ 1,625 $ 252 $ 321 $ 3 $ 17 $ 4 $ 92
Net Income: $ 592,838 $ 933,055 $ 438,158 $ 71,703 $ 904,251 $ 747,073 $ 10,181 $ 281,365 $ 492,098 $ 74,544
Net Assets: $ 2,337,598 $ 7,888,138 $ 3,345,006 $ 456,432 $ 786,321 $ 556,041 $ 717,395 $ 131,785 $ 788,875 $ 47,413

Participants

2021202020192018201720162015201420132012
Total Participants:6253856426
Active Part.:41195421b5e
Retired Part.:03ff1e9e1ffeacfb9ff1f
Deceased Part.:95 e5928452234d9cd26

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.

    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

202120202019201820172016201520142013201220112010
BOY Assets: $ 0 $ 604 $ 140 $ 0 $ 49 $ 4 $ 4
Liabilities: $ 0 $ 3 $ 1 $ 2 $ 20 $ 2 $ 401 $ 0
EE Contrib: $ 0 $ 4 $ 10 $ 77 $ 4 $ 7 $ 4 $ 1 $ 0 $ 7 $ 9
Emp Contrib: $ 0 $ 662 $ 4 $ 0 $ 9 $ 651 $ 4 $ 8 $ 4 $ 8 $ 2
Income/Loss: $ 0 $ 23 $ 43 $ 755 $ 7 $ 0
Total Income: $ 0 $ 90 $ 9 $ 0 $ 21 $ 1 $ 1 $ 4
Paid Benefits: $ 0 $ 5 $ 3 $ 3 $ 0 $ 1
Expenses: $ 0 $ 5 $ 5 $ 321 $ 472 $ 5 $ 2 $ 3
  Commission: $ 0 $ 9 $ 9 $ 1 $ 9 $ 19
Net Income: $ 0 $ 463 $ 802 $ 8 $ 7 $ 2 $ 7
Net Assets: $ 0 $ 95 $ 6 $ 1 $ 95 $ 3 $ 813 $ 648

Participants

202120202019201820172016201520142013201220112010
Total Participants:19284300552644326431559789415318910715458910545
Active Part.:18805642552347690581697306555049627150176656568
Retired Part.:486161811392137605211416
Deceased Part.:e7276532f2453257232521

Insurance

ITIRYTHP
Renewal:12-31-2021
Covered:2091
  1. Life Insurance
  2. Temp. Disability Insurance
  3. Long Term Disab. Ins
  4. AD&D

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 1,727,071
Commission10.78% $ 186,156
Fees2.41% $ 41,638
Brokers
JDI IIH WF FMEXIP PL IDYGWGJL ZQMAIQDU SJVX AAOQTBKCY GDSENBQ
Renewal:12-31-2021
Covered:3613
  1. Vision

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 234,849
Commission10.81% $ 25,381
Fees0% $ 0
Brokers
REFVOOYNVOVB NVLM ENNTTBWLR YGUPASM
Renewal:12-31-2021
Covered:3981
  1. Dental

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 2,709,898
Commission3.8% $ 102,847
Fees3.42% $ 92,803
Brokers
KGSKQWKILLZA DEMZ NSUPSUPAY JLUDJZG
Renewal:12-31-2021
Covered:472
  1. Health

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 123,587
Commission24.73% $ 30,563
Fees2.05% $ 2,529
Brokers
MCHXFABYTSHK JHJF BARWFFPWV RVYKCSN
Renewal:12-01-2021
Covered:703
  1. Health

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 57,191
Commission17.66% $ 10,101
Fees1.92% $ 1,097
Brokers
BNFHN JXKX DRRUKLXZN BJSKXLW
Renewal:12-31-2021
Covered:1880
  1. Stop Loss

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 2,283,328
Commission0% $ 0
Fees0% $ 0
UMZSMUNY
Renewal:12-31-2021
Covered:202
  1. Long Term Disab. Ins

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 338,269
Commission18% $ 60,888
Fees2.57% $ 8,692
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.

    4Q - Other.