PRECISION TERMINAL LOGISTICS LLC

2605 NICHOLSON RD STE 2102
SEWICKLEY, PA 15143

Talking Points

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 54th percentile.
  • Mod increased by more than 75% of peers.
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 58% 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.

  • 10% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 75th percentile at 2.2% of the market.
Good

Business Stats

Policy History

Term Carrier Premium LCM
2023

1.500
2023

1.930
2023

1.700
2023

1.799
2023

-
2023

1.789
2023

-
2023

1.650
2023

1.750
2022

1.500
2022

1.700
2022

1.930
2022

1.650
2022

-
2022

2.020
2022

1.700
2022

1.400
2022

1.990
2022

-
2022

1.750
2021

1.500
2021

1.700
2021

1.930
2021

1.650
2021

-
2021

2.020
2021

1.700
2021

1.990
2021

-
2021

1.650
2020

1.500
2020

1.430
2020

-
2020

1.470
2020

-
2020

1.356
2020

1.370
2020

1.470
2020

-
2020

1.660

Contacts

040
(312) 873-2009
26c08

Industry Classification

Retirement Benefits

Financials

2020
BOY Assets: $ 0
Liabilities: $ 0
EE Contrib: $ 1,039,795
Emp Contrib: $ 175,970
Income/Loss: $ 204,391
Total Income: $ 1,455,552
Paid Benefits: $ 225,081
Expenses: $ 0
  Commission: $ 3,423
Net Income: $ 1,222,092
Net Assets: $ 1,222,092

Participants

2020
Total Participants:164
Active Part.:163
Retired Part.:
Deceased Part.:

Insurance

No Insurance Coverage

Providers

SPRCG-SKSU KUXG & NMZKBQZ DHCGNRLYS
8515 EAST ORCHARD ROAD
GREENWOOD VILLAGE, CO 80111
Recordkeeping fees
Compensation:$3,205
Relation:RECORDKEEPER
ZOVKCVW HCWNFM JYFZN, EJO
8515 EAST ORCHARD ROAD
GREENWOOD VILLAGE, CO 80111
Investment management
Compensation:$218
Relation:INVESTMENT MGMT

Features

    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.

Health Benefits

Financials

20212020
BOY Assets: $ 0
Liabilities: $ 0 $ 37
EE Contrib: $ 0
Emp Contrib: $ 0
Income/Loss: $ 0 $ 9
Total Income: $ 0
Paid Benefits: $ 0 $ 6
Expenses: $ 0 $ 95
  Commission: $ 0
Net Income: $ 0 $ 7
Net Assets: $ 0 $ 6

Participants

20212020
Total Participants:162614
Active Part.:160259
Retired Part.:20
Deceased Part.:d5e

Insurance

OQD RIYOZHY SEZEUOFI ZVZI MBFNMKKEL JUCHPGO
Renewal:08-31-2021
Covered:169
  1. Life Insurance
  2. AD&D

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 13,679
Commission10.94% $ 1,497
Fees0% $ 0
Brokers
YZU JOLROYT IKLOKIVT PKPO DCCWOXJKD DCTNLWX
Renewal:08-31-2021
Covered:168
  1. Temp. Disability Insurance

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 26,292
Commission8.57% $ 2,254
Fees0% $ 0
Brokers
SJP LCLSQJS ZAPIAKUV OZFG PGYUPYXOM SSMATJK
Renewal:08-31-2021
Covered:169
  1. Long Term Disab. Ins

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 13,597
Commission14.59% $ 1,984
Fees0% $ 0
Brokers
TZT SRKVMLE UBYWZRJD LRGK DMMOVPVVB UXXBXMA
Renewal:08-31-2021
Covered:92
  1. Life Insurance

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 34,625
Commission15% $ 5,194
Fees0% $ 0
Brokers
WYI QKJAAYV LYKWBWKZ PXNW GJTHBTJTF SGNIBHK
Renewal:08-31-2021
Covered:124
  1. Dental

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 91,377
Commission3% $ 2,741
Fees0% $ 0
Brokers
MNRIAVTZ CNRDBTCM FOLV IHIGTDEQX QAZSNXF
Renewal:08-31-2021
Covered:281
  1. Vision

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 15,878
Commission10.93% $ 1,735
Fees0% $ 0
Brokers
HN JWWM UEPSWQCYV BOHSZIH
Renewal:08-31-2021
Covered:135
  1. Stop Loss

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 322,621
Commission10% $ 32,262
Fees0% $ 0
Brokers
DPZ BDVBLDP NHQBBDHS RMJM SLVKHMIFS ZVDLLOJ
Renewal:08-31-2021
Covered:83
  1. Life Insurance
  2. AD&D

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 2,120
Commission15% $ 318
Fees0% $ 0
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.