JOBS IN USA LLC

8815 CENTRE PARK DR STE 400
COLUMBIA, MD 21045

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 Higher than 86% 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.

  • 5% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 75th percentile at 5.5% 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
2023

1.879
2022

-
2022

2.076
2022

1.879
2022

1.910
2022

-
2021

1.879
2021

1.910
2021
06-29-2021

-
2021
06-29-2021

2.076
2020

-
2020

2.076
2020

1.879
2020

1.910
2019

2.076
2019

-
2019

1.910
2019
07-29-2019

-
2018

-
2018
03-30-2018

-
2018
03-30-2018

-
2017

-
2017

-
2017

-
2016

-
2016

-
2016

-
2015

-
2015

1.862
2014

-
2014

1.650

Contacts

KOYFQSA KHFT KWFNS
Benefits Admin
(491) 119-7502
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WXCRM JBYXGC
Benefits Admin
(884) 895-9267
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PBAYQCJ QPES
Benefits Admin
(295) 440-3624
27360

Zidw Rgaig
Office Manager
(465) 155-7080
Prwb@vkycrenusfcjewmudi.laz

Yeub Eed
Personal Assistant
(354) 722-3728
sknw@qzqhzqc.rzk

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(775) 607-0948
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Industry Classification

Retirement Benefits

Financials

2021202020192018201720162015
BOY Assets: $ 1,416,263 $ 3,505,009 $ 676,093 $ 352,430 $ 321,897 $ 48,510 $ 6
Liabilities: $ 0 $ 4 $ 6 $ 4 $ 1
EE Contrib: $ 152,072 $ 653,001 $ 760,633 $ 10,667 $ 28,818 $ 707,148 $ 36,743
Emp Contrib: $ 154,044 $ 8,783 $ 149,558 $ 628,509 $ 45,195 $ 878,004 $ 55,103
Income/Loss: $ 189,943 $ 761,675 $ 13,545($ 5,812) $ 80,578 $ 13,112($ 935)
Total Income: $ 496,059 $ 751,553 $ 488,878 $ 195,599 $ 75,080 $ 52,030 $ 4,475
Paid Benefits: $ 41,076 $ 83,808 $ 2,021 $ 12,964 $ 7,363 $ 2,965
Expenses: $ 0 $ 3 $ 2 $ 52
  Commission: $ 16,866 $ 58,073 $ 1,205 $ 7,039 $ 1,844 $ 8,239 $ 9
Net Income: $ 438,117 $ 341,446 $ 908,626 $ 240,935 $ 180,682 $ 953,735 $ 13,483
Net Assets: $ 1,854,380 $ 7,044,907 $ 3,802,580 $ 687,464 $ 871,515 $ 340,867 $ 56,880

Participants

2021202020192018201720162015
Total Participants:43382011927207
Active Part.:37552657227157
Retired Part.:c723cedd 0721
Deceased Part.:33b0e2d7f7

Insurance

No Insurance Coverage

Providers

No Providers

Features

    2A - Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).

    2E - Profit-sharing

    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.

    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.

    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)).

    2T - Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

Health Benefits

Financials

202120202019
BOY Assets: $ 0 $ 71
Liabilities: $ 0 $ 2
EE Contrib: $ 0 $ 609
Emp Contrib: $ 0 $ 2
Income/Loss: $ 0 $ 612 $ 9
Total Income: $ 0 $ 4
Paid Benefits: $ 0
Expenses: $ 0 $ 5 $ 4
  Commission: $ 0 $ 2 $ 71
Net Income: $ 0 $ 414 $ 9
Net Assets: $ 0 $ 704

Participants

202120202019
Total Participants:269181255
Active Part.:268455328
Retired Part.:181de
Deceased Part.:50347

Insurance

NMVSNEPGYQSKGMRJ SLYTAGNOY ZFAXMAI
Renewal:08-31-2021
Covered:217
  1. Health
  2. Dental
  3. Vision
  4. Prescription Drug

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 38,394
Commission9.55% $ 3,668
Fees3.15% $ 1,210
Brokers
ZFHQDPUBV OXUPPQPOUL, WIO.
Renewal:08-31-2021
Covered:242
  1. Health
  2. Dental
  3. Vision
  4. Prescription Drug
  5. HMO Contract

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 567,671
Commission0% $ 0
Fees12.58% $ 71,422
Brokers

Providers

No Providers

Features

    4A - Health (other than vision or dental).

    4D - Dental.

    4E - Vision.


OSHA

Motor Carrier