SURAVA LLC

1904 IDLEWILD BLVD
FREDERICKSBRG, VA 22401

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

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 Very Good, in the 24th percentile compared to peers.
Good

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.

  • 10% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 23.5% of the market.
Good

Business Stats

County
FEIN
Bureau ID
Renewal Mod
PEO
Employees
Sales
OSHA Violations
OSHA Penalty Amount
Drivers
Power Units
Auto Carrier

Policy History

Term Carrier LCM
2022

0.840
(Current: 0.960)
2022

1.001
2022

1.184
2022

1.000
2021

1.015
2021

1.000

Contacts

Industry Classification

Industry
Class
 Clerical Office Employees NOC
Loss Cost
NAICS
 Custom Computer Programming Services
SIC
 Custom Computer Programming Services
Related GL Codes* 61223
Buildings or Premises--Bank and Other Financial Institutions
61226
Buildings or Premises--Office--Other Than Not-For-Profit
41675
Computer Consulting or Programming
51942
Computer Software Mfg.--Pre-Packaged
43200
Employment Agencies
66309
Libraries
Related Class Codes*
Related SIC Codes*

Retirement Benefits

Financials

2021
BOY Assets: $ 0
Liabilities: $ 0
EE Contrib: $ 28,159
Emp Contrib: $ 5,261
Income/Loss: $ 1,121
Total Income: $ 34,541
Paid Benefits: $ 0
Expenses: $ 0
  Commission: $ 46
Net Income: $ 34,495
Net Assets: $ 34,495

Participants

2021
Total Participants:5
Active Part.:4
Retired Part.:
Deceased Part.:

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.

    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.

Class Codes - Just The Start


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