BUSH REFRIGERATION INC

1700 ADMIRAL WILSON BLVD
PENNSAUKEN, NJ 08109

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 high. It is in the 80th percentile compared to peers.
  • There was a recent mod increase.
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 1st percentile at 5% of the market.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier
2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

Contacts

Akdt Oxtb
President
(641) 591-9275
ycdj@leigluawqrnhrhdwz.veb

HHRT WXZ AJYEB
Benefits Admin
(072) 917-0992
57d1c

Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 3,262,543 $ 3,903,374 $ 5,243,684 $ 4,109,340 $ 9,169,234 $ 2,142,472 $ 9,550,205 $ 2,512,909 $ 8,555,500 $ 435,723 $ 2,814,581 $ 682,059
Liabilities: $ 0 $ 700,000,000 $ 17 $ 56 $ 445 $ 4 $ 7 $ 52 $ 14 $ 500
EE Contrib: $ 118,758 $ 94,718 $ 848,581 $ 609,883 $ 4,484 $ 578,784 $ 42,096 $ 1,053 $ 818,542 $ 870,971 $ 826,922 $ 827,636
Emp Contrib: $ 35,879 $ 7,892 $ 43,003 $ 24,672 $ 43,872 $ 62,806 $ 32,141 $ 94,842 $ 76,661 $ 2,947 $ 71,151 $ 10,334
Income/Loss: $ 593,446 $ 578,760 $ 373,221($ 414,805) $ 565,243 $ 215,346($ 91,997) $ 97,505 $ 213,672 $ 309,734($ 46,493) $ 871,865
Total Income: $ 748,083 $ 779,260 $ 755,808 $ 1,863 $ 349,004 $ 983,211 $ 51,198 $ 512,652 $ 422,147 $ 453,507 $ 62,706 $ 946,295
Paid Benefits: $ 709,915 $ 8,390 $ 3,591 $ 466,009 $ 95,922 $ 387 $ 703,339 $ 85,845 $ 58,575 $ 296,788 $ 66,463 $ 21,021
Expenses: $ 0 $ 7 $ 1 $ 82 $ 1 $ 158 $ 497 $ 8 $ 0 $ 5 $ 8
  Commission: $ 19,041 $ 48,286 $ 23,552 $ 36,290 $ 97,768 $ 34,341 $ 0 $ 54 $ 4,398 $ 70 $ 2 $ 4
Net Income: $ 19,127 $ 417,042 $ 436,033($ 659,797) $ 748,263 $ 467,064($ 83,880) $ 948,574 $ 54,706 $ 848,712 $ 21,359 $ 312,273
Net Assets: $ 3,281,670 $ 8,168,213 $ 5,572,862 $ 8,057,367 $ 1,192,024 $ 8,003,411 $ 2,438,104 $ 4,862,415 $ 9,935,140 $ 4,655,025 $ 8,805,235 $ 8,497,051

Participants

202120202019201820172016201520142013201220112010
Total Participants:202536892203773086958657
Active Part.:18988216493339770c06f
Retired Part.:b8d585b8a32b8abf7ba921
Deceased Part.:439f455e59e3d7447e004

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

    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.

    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.