CRETER VAULT CORPORATION

417 US HIGHWAY 202
FLEMINGTON, NJ 08822

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 79th 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.

  • 22% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 1st percentile at 5.6% of the market.
Needs Attention

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 LCM
2023

-
2022

-
2022

1.351
2021

-
2021

1.351
2020

-
2020

1.351
2019

-
2019

1.351
2018

-
2017

-
2016

-
2015

-
2015

1.453
2014

-
2013

-

Contacts

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Benefits Admin
(022) 668-4640
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Benefits Admin
(747) 897-6462
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Principal
(303) 633-2778
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President
(321) 840-4824
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Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 3,692,696 $ 8,554,793 $ 6,305,098 $ 7,129,286 $ 8,184,823 $ 7,652,109 $ 4,497,165 $ 7,942,125 $ 3,075,135 $ 8,486,446 $ 3,520,320 $ 4,381,683
Liabilities: $ 0 $ 2 $ 0 $ 9 $ 3 $ 3 $ 9 $ 0
EE Contrib: $ 136,576 $ 892,170 $ 672,456 $ 118,876 $ 810,709 $ 72,104 $ 270,592 $ 192,423 $ 123,703 $ 890,602 $ 602,857 $ 494,365
Emp Contrib: $ 49,962 $ 98,735 $ 23,910 $ 10,761 $ 5,311 $ 10,864 $ 19,457 $ 74,779 $ 4,373 $ 82,228 $ 63,249 $ 85,119
Income/Loss: $ 543,944 $ 818,770 $ 316,249($ 95,675) $ 507,247 $ 495,370($ 62,754) $ 425,954 $ 564,627 $ 106,382 $ 1,547 $ 341,495
Total Income: $ 730,482 $ 729,920 $ 794,305 $ 93,942 $ 230,826 $ 691,254 $ 714,792 $ 667,602 $ 311,537 $ 423,568 $ 595,391 $ 316,352
Paid Benefits: $ 43,669 $ 88,136 $ 947,999 $ 119,664 $ 612,016 $ 41,913 $ 60,719 $ 111,605 $ 42,735 $ 8,460 $ 7,024 $ 807,134
Expenses: $ 0 $ 9 $ 38 $ 2 $ 642 $ 2 $ 8 $ 85 $ 9
  Commission: $ 0 $ 0 $ 4 $ 5 $ 82 $ 4 $ 8 $ 8 $ 7,627 $ 7,550
Net Income: $ 686,813 $ 361,804 $ 792,311($ 127,930) $ 32,823 $ 540,925 $ 28,017 $ 429,723 $ 746,226 $ 986,093 $ 16,874 $ 47,599
Net Assets: $ 4,379,509 $ 8,328,106 $ 5,659,708 $ 104,554 $ 5,858,811 $ 8,414,903 $ 4,874,975 $ 970,835 $ 3,954,766 $ 437,491 $ 5,004,796 $ 9,577,402

Participants

202120202019201820172016201520142013201220112010
Total Participants:905363368679727020447266
Active Part.:74360762986994422f18f75f57
Retired Part.:0d9dc52109909b78604d1
Deceased Part.:3c63ce2fe30bf5fbc6b b9c8dfc

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.

    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.

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


OSHA

Motor Carrier