ADVANCED SOIL TECHNOLOGIES LLC

2095 NJ-88 STE 1
BRICK TOWNSHIP, NJ 08724

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.

  • 12% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 33.3% of the market.
Good

Similar Businesses

Business Stats

Policy History

Term Exp. Mod Carrier Premium
2024

2023
AR
2023
AR
2022
AR
2021
AR
2020

2019

2018

2017

2016

2015

2014

Contacts

JD. ASMLUYG ZCOFVVFCWVOB
Benefits Admin
(397) 848-5066
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(451) 412-2043
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Industry Classification

Retirement Benefits

Financials

2022202120202019
BOY Assets: $ 216,722 $ 677,399 $ 5,670
Liabilities: $ 0 $ 824
EE Contrib: $ 7,934 $ 5,835 $ 2,949 $ 6,195
Emp Contrib: $ 6,846 $ 4,077 $ 29,154 $ 24,661
Income/Loss:($ 35,972) $ 45,592 $ 46,650 $ 8
Total Income:($ 21,192) $ 32,351 $ 31,469 $ 5,462
Paid Benefits: $ 0 $ 3
Expenses: $ 0 $ 76
  Commission: $ 1,238 $ 753 $ 58
Net Income:($ 22,430) $ 40,268 $ 7,945 $ 63,600
Net Assets: $ 194,292 $ 675,308 $ 183,376 $ 8,150

Participants

2022202120202019
Total Participants:5228
Active Part.:4962
Retired Part.:28cb14
Deceased Part.:2d1865

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.

    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.