ALLOY, SILVERSTEIN, SHAPIRO,ADAMS, MULFORD, CICALESE,WILSON & CO.

900 KINGS HWY N SUITE 100
CHERRY HILL, NJ 08034

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 35th percentile.
  • 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.

  • 6% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 75th percentile at 3.6% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier
2023

2022

2022
12-04-2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Contacts

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Managing Shareholder
(457) 749-3175
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(059) 398-8047
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Benefits Admin
(636) 561-7339
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Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 6,192,423 $ 3,539,648 $ 4,514,367 $ 1,185,501 $ 3,658,709 $ 5,860,749 $ 8,660,270 $ 1,052,712 $ 3,765,844 $ 5,693,141 $ 7,799,362 $ 5,204,040
Liabilities: $ 0 $ 1 $ 1 $ 1 $ 694 $ 4 $ 9,711 $ 1
EE Contrib: $ 283,155 $ 767,925 $ 171,541 $ 433,349 $ 202,837 $ 861,364 $ 816,024 $ 404,138 $ 551,340 $ 65,335 $ 591,822 $ 588,281
Emp Contrib: $ 19,709 $ 82,107 $ 88,286 $ 31,261 $ 80,809 $ 49,485 $ 74,108 $ 72,615 $ 26,546 $ 36,299 $ 8,350 $ 29,500
Income/Loss: $ 768,825 $ 297,841 $ 71,390($ 408,048) $ 554,897 $ 326,018($ 552,216) $ 181,615 $ 948,625 $ 901,628($ 987,410) $ 861,011
Total Income: $ 1,071,689 $ 912,201 $ 4,640,774($ 457,603) $ 5,040,720 $ 457,565 $ 672,578 $ 684,924 $ 6,071,992 $ 997,858 $ 220,845 $ 2,517,543
Paid Benefits: $ 23,676 $ 958,727 $ 8,548,515 $ 827,680 $ 147,746 $ 946,495 $ 999,012 $ 388,379 $ 992,141 $ 1,045,295 $ 347,784 $ 728,303
Expenses: $ 0 $ 45 $ 7 $ 3 $ 8 $ 1 $ 2
  Commission: $ 0 $ 6 $ 9,636 $ 3,122 $ 151 $ 721 $ 41
Net Income: $ 1,048,013 $ 31,700 $ 1,143($ 801,910) $ 340,922 $ 97,925($ 162,464) $ 576,434 $ 116,029($ 651,341)($ 3,217) $ 80,723
Net Assets: $ 7,240,436 $ 1,236,231 $ 7,446,243 $ 4,997,487 $ 2,216,912 $ 4,773,633 $ 6,092,784 $ 245,449 $ 6,916,280 $ 5,994,982 $ 2,743,625 $ 6,507,574

Participants

202120202019201820172016201520142013201220112010
Total Participants:683877885037216378379585
Active Part.:4655777663446077e2b28e72d6
Retired Part.:dac37c632e661133d20610
Deceased Part.:a02289 8df191910b12d606b0

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.

    2R - Participant-directed brokerage accounts provided as an investment option under the plan.

    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.

    3H - Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).