CF INDUSTRIES HOLDINGS INC

4 PARKWAY NORTH BLVD, STE 400
DEERFIELD, IL 60015

Talking Points

For the Agent

These are points that might help guide an agent as they look to approach a prospect.

  • Premium decrease and carrier tier change may indicate competitive situation and incumbent prevailed.
Needs Attention

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 32nd percentile.
  • In the last year, premium Decreased by 68%. While peers Increased an average of 6%.
Good

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 19th percentile compared to peers.
  • In the last year, LCM Increased by 0%. While peers Increased an average of 9%.
Average

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.
  • Of those who changed carriers, 15% decreased their LCM vs those who stayed with their current provider who saw a 8.5% decrease.
  • Current Carrier's market share is in the 1st percentile at 5.6% of the market.
Needs Attention

Business Stats

Policy History

Term Carrier Premium LCM
2023

1.822
2022

1.450
2022

1.001
2022

1.291
2022

-
2022

-
2022

1.668
2022

0.870
2022

1.000
2021

1.244
2021

1.000
2021

1.291
2021

1.570
2021

0.870
2021

1.111
2020

1.244
2020

-
2020

1.291
2020

1.177
2020

1.570
2020

1.700
2020

1.111
2019

1.244
2019

-
2019

1.451
2019

-
2019

-
2019

1.630
2019

1.111
2018

-
2018

-
2018

-
2018

-
2018

-
2018

-
2018

0.937
2017

-
2017

-
2017

-
2017

-
2017

-
2017
02-09-2017

-
2016

-
2016

-
2016

-
2016

1.015
2016

0.941
2015

-
2015

-
2015

-
2015

1.191
2014

-
2014

-
2014

-
2014

1.015
2013

-
2013

-
2013
07-01-2013

-
2012
07-01-2012

-
2011
07-01-2011

-
2010
07-01-2010

-
2009
07-01-2009

-

Contacts

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Benefits Admin
(918) 789-1490
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(902) 470-4654
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President & Chief Executive Offi
(803) 147-6969
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Benefits Admin
(680) 162-3598
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Branch Manager
(939) 339-8958
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(484) 748-9841
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Vice President
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Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013
BOY Assets: $ 543,797,695 $ 878,153,491 $ 321,978,675 $ 321,432,821 $ 194,684,195 $ 678,243,204 $ 832,294,082 $ 114,149,282 $ 150,982,389
Liabilities: $ 0 $ 5 $ 36 $ 682 $ 573 $ 98 $ 7
EE Contrib: $ 25,709,680 $ 75,660,777 $ 5,426,921 $ 36,707,909 $ 22,254,440 $ 33,602,883 $ 62,429,493 $ 86,893,724 $ 64,238,188
Emp Contrib: $ 12,999,154 $ 11,942,700 $ 91,595,916 $ 79,483,726 $ 74,027,479 $ 8,940,267 $ 9,288,873 $ 6,348,310 $ 1,565,752
Income/Loss: $ 51,324,234 $ 6,677,644 $ 12,311,071($ 12,199,236) $ 11,266,856 $ 79,036,319($ 9,655,728) $ 93,180,985 $ 95,252,351
Total Income: $ 116,408,407 $ 919,227,025 $ 874,611,314 $ 21,378,004 $ 7,855,814 $ 76,960,263 $ 91,114,940 $ 78,108,463 $ 93,583,760
Paid Benefits: $ 43,666,586 $ 14,322 $ 70,391,969 $ 45,525,090 $ 85,226,303 $ 81,311,135 $ 62,380,495 $ 25,630,758 $ 70,494,744
Expenses: $ 0 $ 2 $ 65 $ 4 $ 85 $ 61 $ 29
  Commission: $ 95,517 $ 32,193 $ 37,998 $ 172,167 $ 98,017 $ 38,503 $ 14,645 $ 80,759 $ 11,396
Net Income: $ 72,646,304 $ 17,432,771 $ 40,741,342($ 16,776,182) $ 73,137,755 $ 47,001,284($ 64,028,182) $ 7,384,284 $ 26,568,906
Net Assets: $ 616,443,999 $ 190,124,240 $ 120,609,454 $ 678,438,280 $ 638,612,980 $ 448,394,050 $ 317,522,698 $ 515,607,553 $ 525,716,672

Participants

202120202019201820172016201520142013
Total Participants:266942831166404914006211092131062882
Active Part.:201210703939750972346553427631884376
Retired Part.:12156459638194163629228001
Deceased Part.:756e4544279282

Insurance

No Insurance Coverage

Providers

RCFSFHEC JHF. NPGH. GZC. BC. UCC
GRXBQGGST DCUDTAHK, QFQ.Investment advisory (plan)
Investment management fees paid directly by plan
Compensation:$154,759
Relation:NONE
QVRGFFVB DIH. DSLR. GOQ. QA. WHSParticipant loan processing
Direct payment from the plan
Recordkeeping fees
Account maintenance fees
Compensation:$0
Relation:NONE
CMZTIUCJ CPF. EJAZ. KRO. OO. MZC
Source: DST ASSET MANAGER SOLUTIONS, INC.
Sub-transfer agency fees
Compensation:0.08% RELATED TO INVESTMENT IN DODGE & COX INCOME
IGGQYGIA NLS. HQKD. IQV. BJ. HFB
Source: DST ASSET MANAGER SOLUTIONS, INC.
Sub-transfer agency fees
Compensation:0.15% RELATED TO INVESTMENT IN WM BLAIR SMIDCP GR I
KTCKYSGM UOU. BUUS. FHB. MF. KKN
Source: ULTIMUS FUND SOLUTIONS LLC
Sub-transfer agency fees
Compensation:0.10% RELATED TO INVESTMENT IN CRM SMMIDCP VAL INST

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.

    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.

Health Benefits

Financials

202120202019201820172016201520142013
BOY Assets: $ 0 $ 3 $ 0 $ 0
Liabilities: $ 0 $ 9 $ 88 $ 0 $ 27 $ 53 $ 8
EE Contrib: $ 0 $ 3 $ 6 $ 3 $ 80 $ 673
Emp Contrib: $ 0 $ 77 $ 4 $ 47 $ 274 $ 621
Income/Loss: $ 0 $ 84 $ 8 $ 86
Total Income: $ 0 $ 37 $ 0 $ 12 $ 43 $ 2
Paid Benefits: $ 0 $ 484 $ 4 $ 6 $ 7 $ 4
Expenses: $ 0 $ 6 $ 548 $ 6 $ 38
  Commission: $ 0 $ 4 $ 50 $ 0 $ 4 $ 3
Net Income: $ 0 $ 41 $ 336 $ 3 $ 3
Net Assets: $ 0 $ 841 $ 7 $ 8 $ 692 $ 56 $ 57

Participants

202120202019201820172016201520142013
Total Participants:215392287682260428819842872969623648
Active Part.:198717709404862460835593996208214198
Retired Part.:166204687688303292851183848
Deceased Part.:b3 e586bd5c9639

Insurance

PEBH HSYELPAJB HQWJOGU KH MMEDD TXAGBJB
Renewal:12-31-2021
Covered:2313
  1. ACCIDENTAL DEATH AND DISMEMBERMENT

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 0
Commission $ 0
Fees $ 49
Brokers
SOXW EVZBSBHXJ OCNPROG HL CCXFL WNFWVWO
Renewal:12-31-2021
Covered:1983
  1. ACCIDENTAL DEATH AND DISMEMBERMENT

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 207,168
Commission10% $ 20,717
Fees1.17% $ 2,416
Brokers
YKXO GZYESHRFI MHJFWGB IS LZIPJ XXFXQON
Renewal:12-31-2021
Covered:1986
  1. Long Term Disab. Ins

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 484,771
Commission10% $ 48,477
Fees1.17% $ 5,662
Brokers
WSEWDWRE GGKUYIIPMGD
Renewal:12-31-2021
Covered:1975
  1. EMPLOYEE ASSISTANCE PROGRAM

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 35,051
Commission0% $ 0
Fees0% $ 0
CCYJ XIVJMQMSD BMJRRZJ IG PWBYY NCPONVM
Renewal:12-31-2021
Covered:2000
  1. Life Insurance

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 1,101,273
Commission9.87% $ 108,710
Fees0.91% $ 10,000
Brokers
JPNLL OTYJ IZLGPPUNN CR.
Renewal:12-31-2021
Covered:18
  1. Health
  2. Dental
  3. Vision

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 102,590
Commission9.75% $ 10,002
Fees0.58% $ 594
Brokers

Providers

No Providers

Features

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

    4B - Life insurance.

    4D - Dental.

    4E - Vision.

    4H - Long-term disability.

    4L - Death benefits (include travel accident but not life insurance).

    4Q - Other.