EAGLE ROCK UTILITY SERVICES INC

94 MAIN ST
NEWTON, NJ 07860

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 very good. It is in the 19th 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.

  • 12% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 19.6% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier Premium LCM
2022

-
2022
12-01-2022

-
2021

-
2021

-
2020

-
2020

-
2020

-
2019

-
2019

-
2019

-
2018

-
2018

-
2018

-
2018
12-01-2017

1.957
2017

1.957
2017

-
2016

-
2016

-
2015

-
2015

-
2014

-
2014

-
2013

-

Contacts

Vigtaz Rwglsr
President & Operations Manager
(148) 720-7982
hbkdgpdca@bdltquj.wck

Ndlecx Wvkdjf
Branch Manager
(395) 696-2495
737ee

Industry Classification

Retirement Benefits

Financials

20212020
BOY Assets: $ 3,661 $ 2
Liabilities: $ 0 $ 5
EE Contrib: $ 45,118 $ 7,710
Emp Contrib: $ 10,181 $ 530
Income/Loss: $ 7,542 $ 402
Total Income: $ 62,841 $ 3,850
Paid Benefits: $ 0 $ 654
Expenses: $ 0
  Commission: $ 132 $ 8
Net Income: $ 62,709 $ 5,504
Net Assets: $ 66,370 $ 2,216

Participants

20212020
Total Participants:35
Active Part.:37
Retired Part.:4f
Deceased Part.:51c

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.

    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.

    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.

Motor Carrier