GENERAL PLUMBING SUPPLY, INC.

1000 NEW DURHAM ROAD, SUITE 20
EDISON, NJ 08817

Talking Points

For the Agent

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

  • A break in policy terms may indicate inconsistent work load which can result in substandard employment.
Needs Attention

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 5th percentile compared to peers.
Good

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.

  • 13% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 75th percentile at 13.3% of the market.
Average

OSHA

Most employers with 10 or more employees are required to maintain injury and illness records, known as the 300 log. In the event of an inspection, this information will likely be requested. Even without injury or claim, the proper documentation should be readily available on a location by location basis. These logs are critical but simple to maintain.

  • Businesses with serious and/or repeat violations should be provided with risk management practices to eliminate unnecessary risk and minimize what must exist in current processes.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier
2024

2023

2023

2022

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

Contacts

Krewmu Bsszo
Owner
(377) 261-3958
rkzzso.sjzfi@infzlwsqgujbkelopnegj.ffd

Frhtm Xhjvfy
President
(870) 684-7809
yamyir@gluehdhvllgbowqkftsdy.fch

IYGEP EMSZDN
Benefits Admin
(806) 049-6885
njdjpu@tzashnqsblxdcodlrhbbq.oyn

QLRC MKGXVQXQNN
Benefits Admin
(876) 191-3463
gecfc@mnanufyjlspatuogdlace.txq

Gbxs Ixklvnkpqc
Principal
(660) 252-8668
iiywp@bbdibbwnarhpvatvsnghx.krw

Fzc Venhq
Vice President And General Manager
(530) 344-7273
etjh@zmkdalcdxvxnuvmpbkufw.cuj

Hwuzlk Fprygetn
President
(839) 279-0637
ongffva@gwiilwcxhivfixixbeigb.bwj

ADZO IXCYJMWW
Benefits Admin
(978) 839-2198
39

KOSYOXN RZDFMDTV
Benefits Admin
(170) 424-1718
d5d

Iya Ldvec
Vice President
(439) 510-8180
14c2

Industry Classification

Retirement Benefits

Financials

202220212020201920182017201620152014201320122011
BOY Assets: $ 26,367,853 $ 24,972,644 $ 16,725,804 $ 60,374,761 $ 81,872,249 $ 18,857,616 $ 22,675,618 $ 9,935,182 $ 9,552,863 $ 6,170,626 $ 4,811,631 $ 1,478,845
Liabilities: $ 0 $ 2 $ 8 $ 2 $ 3 $ 3 $ 2
EE Contrib: $ 1,452,914 $ 7,323,058 $ 2,273,285 $ 8,777,389 $ 8,600,902 $ 54,072 $ 37,309 $ 49,167 $ 473,977 $ 490,094 $ 132,423 $ 483,739
Emp Contrib: $ 798,152 $ 252,172 $ 509,607 $ 813,975 $ 830,294 $ 19,810 $ 557,250 $ 233,101 $ 929,259 $ 372,418 $ 21,956 $ 475,466
Income/Loss: $ 826,355 $ 7,956,239($ 2,458,957) $ 920,086 $ 9,074,037 $ 7,153,450($ 456,478) $ 30,445 $ 941,098 $ 837,940 $ 665,453 $ 454,127
Total Income: $ 3,522,252 $ 67,623,437 $ 243,898 $ 3,756,628 $ 7,617,694 $ 6,942,469 $ 7,028 $ 276,936 $ 702,174 $ 5,637,173 $ 99,907 $ 4,524,225
Paid Benefits: $ 622,088 $ 1,296,502 $ 140,001 $ 246,404 $ 7,620,409 $ 277,309 $ 195,366 $ 923,039 $ 543,171 $ 373,564 $ 92,556 $ 54,326
Expenses: $ 0 $ 1 $ 69 $ 89 $ 3 $ 41 $ 8 $ 5 $ 5
  Commission: $ 95,499 $ 91,269 $ 6,604 $ 96,989 $ 61,165 $ 907 $ 1,800 $ 4,409 $ 3,530 $ 1,462 $ 86,988 $ 85,581
Net Income: $ 2,804,665 $ 6,336,871 $ 559,742 $ 9,747,310 $ 2,443,792 $ 2,990,135 $ 577,223 $ 2,563,061 $ 3,602,760 $ 1,402,319 $ 898,077 $ 6,072,945
Net Assets: $ 29,172,518 $ 52,810,248 $ 3,051,211 $ 75,316,057 $ 2,816,859 $ 29,538,685 $ 11,892,577 $ 81,241,492 $ 1,477,641 $ 5,115,187 $ 7,841,537 $ 7,604,263

Participants

202220212020201920182017201620152014201320122011
Total Participants:369131742765120595488795154840883653
Active Part.:319784301154196541108314057245085867
Retired Part.:55d0e2eb172 d7737cc057
Deceased Part.:15a593a4a52f12ca2 229f

Insurance

No Insurance Coverage

Providers

VAQO WIRGXWVRecordkeeping and information management (computing, tabulating, data processing, etc.)
Float revenue
Recordkeeping fees
Compensation:$56,184
Relation:RETAINED BY EMPLOYER
LOHXXQJ SBYXUInvestment advisory (plan)
Compensation:$27,963
Relation:RETAINED BY EMPLOYER
MCYUCDJUZF LWXFHEEGOX & QYGQBODIGZInvestment advisory (plan)
Compensation:$11,352
Relation:RETAINED BY EMPLOYER

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.

    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.

    2S - Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.

Health Benefits

Financials

202220212020201920182017201620152014201320122011
BOY Assets: $ 0 $ 0 $ 7 $ 3 $ 17 $ 3 $ 2 $ 1 $ 675 $ 13 $ 569 $ 3
Liabilities: $ 0 $ 352 $ 940 $ 4 $ 0 $ 29
EE Contrib: $ 0 $ 450 $ 510 $ 556 $ 155 $ 5 $ 9 $ 5 $ 63
Emp Contrib: $ 0 $ 7 $ 62 $ 6 $ 28 $ 9 $ 3
Income/Loss: $ 0 $ 487 $ 23 $ 3 $ 7 $ 7 $ 76 $ 232 $ 8 $ 3
Total Income: $ 0 $ 6 $ 96 $ 64 $ 617 $ 9 $ 47 $ 64
Paid Benefits: $ 0 $ 4 $ 289 $ 424 $ 3 $ 9 $ 89 $ 8
Expenses: $ 0 $ 344 $ 48 $ 7 $ 4 $ 58
  Commission: $ 0 $ 99 $ 0 $ 3 $ 22 $ 5
Net Income: $ 0 $ 3 $ 23 $ 6 $ 51 $ 23 $ 3 $ 69 $ 5 $ 2
Net Assets: $ 0 $ 1 $ 97 $ 3 $ 42 $ 4

Participants

202220212020201920182017201620152014201320122011
Total Participants:428499113160265626128447482249736249
Active Part.:428312365828686587504915245991131592
Retired Part.:c1655db53c0cbd716dd337371
Deceased Part.:a0449b302f08a835103c

Insurance

GKK HCFL QSZIPHMZN UUIWGMV XD HAOANA
Renewal:12-31-2022
Covered:428
  1. Dental
  2. Life Insurance
  3. BASIC STD, CHILD VOL. LIFE, CHILD VOL. AD&D, AD&D, VOL. AD&D, VOL. LIFE, SPOUSE AD&D, SPOUSE VOL. LIFE

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 443,920
Commission12.42% $ 55,126
Fees0.71% $ 3,135
Brokers
EPUCOIPVNUQKWJQL NOLUGJOXH DNUZICZ
Renewal:12-31-2022
Covered:534
  1. Health

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 22,154
Commission16.38% $ 3,628
Fees4.26% $ 943
Brokers

Providers

No Providers

Features

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

    4B - Life insurance.

    4D - Dental.

    4H - Long-term disability.

    4Q - Other.


OSHA

Motor Carrier