ALLIED METAL INDUSTRIES INC

118 HARPER ST # 144
NEWARK, NJ 07114

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 31st percentile.
  • Mod decreased by more than 75% of 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.

  • 8% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 8% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier
2022

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Contacts

Htfhud Qhdgani
Owner
(876) 978-6292
aeosa@ewihltqogho.fjk

OKPZZT PCALAEO, KA
Benefits Admin
(105) 665-6823
4d87

Eevglz Zcahdn
(766) 626-6555
0d4

AQIJIF IITRROP KG.
Benefits Admin
(287) 723-1733
810d2

Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 1,802,799 $ 5,346,915 $ 5,599,936 $ 6,036,661 $ 558,870 $ 865,453 $ 493,692 $ 39,106 $ 853,984 $ 527,351 $ 374,057 $ 893,716
Liabilities: $ 0 $ 2 $ 4 $ 44 $ 4 $ 6 $ 4
EE Contrib: $ 107,408 $ 20,471 $ 69,755 $ 16,582 $ 384,667 $ 92,118 $ 37,186 $ 34,404 $ 72,670 $ 68,180 $ 4,932 $ 41,839
Emp Contrib: $ 39,695 $ 32,967 $ 75,047 $ 29,145 $ 89,606 $ 16,286 $ 37,097 $ 80,923 $ 36,793 $ 57,128 $ 50,870 $ 8,731
Income/Loss: $ 304,371 $ 126,373 $ 395,426($ 192) $ 33,000 $ 49,649($ 15,682) $ 4,346 $ 67,995 $ 78,501($ 56,181) $ 17,823
Total Income: $ 451,474 $ 719,444 $ 927,815 $ 74,084 $ 865,394 $ 61,479 $ 92,180 $ 29,577 $ 94,337 $ 75,280 $ 97,819 $ 87,023
Paid Benefits: $ 186,348 $ 16,526 $ 1,801 $ 93 $ 64,965 $ 5 $ 48 $ 57,560
Expenses: $ 0 $ 27 $ 14 $ 2 $ 200 $ 0 $ 20 $ 0
  Commission: $ 4,548 $ 3,360 $ 84 $ 526 $ 25 $ 667 $ 2 $ 6 $ 97 $ 7 $ 267
Net Income: $ 260,578 $ 959,918 $ 936,724 $ 6,452 $ 415,136 $ 15,356 $ 35,188 $ 23,226 $ 25,417 $ 85,535 $ 92,078 $ 42,561
Net Assets: $ 2,063,377 $ 5,937,966 $ 4,845,712 $ 1,313,156 $ 9,567,667 $ 869,956 $ 264,526 $ 226,784 $ 88,696 $ 953,632 $ 876,790 $ 365,006

Participants

202120202019201820172016201520142013201220112010
Total Participants:145641624835570222306665
Active Part.:14281192096839876835e3936
Retired Part.:45d259b0eb5c27b7a6d d3d4
Deceased Part.:4c 6b1473e04a9943724a670d3c

Insurance

No Insurance Coverage

Providers

No Providers

Features

    2E - Profit-sharing

    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.

    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.

    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.

Motor Carrier