PROGRESSIVE PIPELINE MANAGEMENT, LLC

101 LINDEN ST
WENONAH, NJ 08090

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 95th percentile compared to peers.
  • Mod decreased 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.

  • 28% of peers have changed carriers since last year. This might indicate carriers are competing aggresively for similar businesses to cover.
  • Of the 28% of peers who changed carriers, This might indicate carriers are competing aggresively for similar businesses to cover.
  • Current Carrier's market share is in the 50th percentile at 2.4% of the market.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

-
2021

-
2021

1.410
2021

-
2021

-
2020

-
2020

1.410
2019

-
2019

1.280
2018

-
2018

1.359
2017

-
2017

1.359
2016

-
2016

-
2016

1.290
2015

-
2015

-
2014

-
2011
09-30-2011

-
2010

-

Contacts

Aatmi Jopagifdib
Owner
(954) 077-4681
yzi@ibigrojtvbfhes.smq

PTNFFDRYZFX EYHR
Benefits Admin
(160) 913-9046
1dd9

Industry Classification

Retirement Benefits

Financials

20212020201920182017
BOY Assets: $ 643,166 $ 261,748 $ 258,457 $ 830,355 $ 802
Liabilities: $ 0 $ 5 $ 79
EE Contrib: $ 166,522 $ 245,520 $ 1,610 $ 56,087 $ 10,913
Emp Contrib: $ 84,762 $ 48,635 $ 51,041 $ 34,507 $ 26,508
Income/Loss: $ 112,962 $ 86,506($ 26,642) $ 444,847 $ 3,997
Total Income: $ 364,246 $ 325,088 $ 61,618 $ 23,171 $ 174,736
Paid Benefits: $ 7,066 $ 7,605 $ 1,501 $ 4
Expenses: $ 0 $6,000,000,000
  Commission: $ 445 $ 703 $ 6,821 $ 938 $ 751
Net Income: $ 356,735 $ 556,860 $ 6,582 $ 423,460 $ 461,143
Net Assets: $ 999,901 $ 652,088 $ 876,486 $ 894,698 $ 578,453

Participants

20212020201920182017
Total Participants:130078379556
Active Part.:127618114549
Retired Part.:a569605
Deceased Part.: ad32bcbc5

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

    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.

    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.

    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.

    2T - Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

    3B - Plan covering Self-Employed individuals.

Motor Carrier