SKYFRAME & ART, INC.

28 EVANS TERMINAL
HILLSIDE, NJ 07205

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 88th percentile compared to peers.
  • Mod increased by more than 75% of peers.
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.

  • 21% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 8.4% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

-
2022

-
2021

-
2020

-
2020

1.600
2019

-
2019

1.600
2018

-
2018

1.600
2017

-
2017

1.500
2016

-
2016

-
2016

1.360
2015

-
2014

-
2013

-

Contacts

Kfqxpe Ypixfakqo
(446) 221-5984
etht@bxptbnbi.oie

VZEMSE XQG TMYOP
Benefits Admin
(881) 806-4530
c9514

HOOCOBGQE AFAL
Benefits Admin
(059) 410-9030
6198d

Kvycfr Uwqldvjnk
President
(820) 557-0672
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yssl@buvctmmr.nvu

Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 2,438,163 $ 1,945,235 $ 4,518,950 $ 4,942,070 $ 6,060,884 $ 2,517,541 $ 7,400,304 $ 7,775,628 $ 1,332,943 $ 7,229,160 $ 3,280,238 $ 2,919,200
Liabilities: $ 0 $ 7 $ 47 $ 9 $ 1 $ 1 $ 73 $ 4 $ 3 $ 7
EE Contrib: $ 11,346 $ 58,579 $ 7,442 $ 4 $ 9 $ 4 $ 7 $ 1 $ 74 $ 5,131 $ 3
Emp Contrib: $ 0 $ 72,917 $ 2 $ 6 $ 18 $ 270,581 $ 586,902 $ 893,966 $ 1
Income/Loss: $ 43,106 $ 229,801 $ 14,956 $ 67,172 $ 64,281 $ 21,121 $ 91,726 $ 98,988 $ 76,264 $ 28,435 $ 45,209 $ 493,725
Total Income: $ 54,452 $ 14,237 $ 75,358 $ 561,545 $ 22,515 $ 94,737 $ 34,079 $ 10,940 $ 345,109 $ 680,887 $ 791,812 $ 985,753
Paid Benefits: $ 273,726 $ 48,156 $ 733,326 $ 915,867 $ 5 $ 5,915 $ 2,663 $ 3,774 $ 31,043 $ 77
Expenses: $ 0 $ 3 $ 7 $ 4 $ 0 $ 2
  Commission: $ 195 $ 20 $ 53 $ 937 $ 35 $ 289 $ 77 $ 5 $ 70 $ 308 $ 4,484 $ 648
Net Income:($ 219,469) $ 79,222($ 60,144) $ 74,762 $ 95,638 $ 2,268 $ 71,723 $ 95,509 $ 307,750 $ 679,962 $ 134,741 $ 863,050
Net Assets: $ 2,218,694 $ 7,840,288 $ 9,721,270 $ 6,271,127 $ 194,255 $ 3,203,065 $ 4,754,279 $ 5,894,199 $ 2,313,512 $ 5,853,536 $ 669,527 $ 1,135,399

Participants

202120202019201820172016201520142013201220112010
Total Participants:408651245700129151359550
Active Part.:28652316418994596a2a9617d831
Retired Part.:703975 a27 74ce5c593 2
Deceased Part.:d088 a8984572d

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.

    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.