SCARLET AQUATIC CLUB

80 E PROSPECT ST
HOPEWELL, NJ 08525

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 in-line with peers, in the 51st percentile.
  • 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 99th percentile at 28.6% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier
2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Contacts

TBJPPV DAGKDTICR
Benefits Admin
(398) 495-0112
4bc5

Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 50,641 $ 2,708 $ 59,385 $ 48,978 $ 16,578 $ 76,447 $ 58,836 $ 97,116 $ 6,176 $ 79 $ 6,217 $ 658
Liabilities: $ 0 $ 3 $ 3,000 $ 50 $ 30 $ 38 $ 3 $ 1 $ 7 $ 3 $ 1
EE Contrib: $ 3,167 $ 4,430 $ 5,801 $ 263 $ 4,921 $ 8,194 $ 4,181 $ 3,862 $ 8,273 $ 4,306 $ 6,834 $ 7,852
Emp Contrib: $ 0 $ 6 $ 0 $ 9 $ 8 $ 86 $ 8 $ 65
Income/Loss: $ 3,102 $ 2,084 $ 926($ 7,766) $ 400 $ 162($ 767) $ 607 $ 3,438 $ 908($ 511) $ 837
Total Income: $ 6,269 $ 45,824 $ 7,073 $ 712 $ 3,486 $ 5,657 $ 5,529 $ 8,340 $ 7,727 $ 7,466 $ 8,671 $ 8,503
Paid Benefits: $ 0 $ 7 $ 114 $ 9 $ 8 $ 8
Expenses: $ 0 $ 5 $ 82 $ 29 $ 4 $ 4 $ 4 $ 1 $ 4 $ 29 $ 0
  Commission: $ 0 $ 4 $ 25 $ 2 $ 500 $ 2
Net Income: $ 6,269 $ 23,681 $ 9,521 $ 722 $ 2,867 $ 2,324 $ 4,449 $ 1,441 $ 5,985 $ 9,086 $ 4,403 $ 727
Net Assets: $ 56,910 $ 20,755 $ 36,787 $ 42,110 $ 46,959 $ 78,968 $ 7,818 $ 65,099 $ 61,874 $ 5,602 $ 2,541 $ 6,129

Participants

202120202019201820172016201520142013201220112010
Total Participants:631559748541543849
Active Part.:65773982993383003f27e0
Retired Part.:08 52180 7 b31e9b8d31 e
Deceased Part.:9e70d333a1f7e5d91

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.

    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.