BOYS AND GIRLS CLUB OF PATERSON AND PASSAIC, INC

264 21ST AVE
PATERSON, NJ 07501

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 100th 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.

  • 13% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 23.9% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier
2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Contacts

Sbe Xxmdpa
Domain Registrant
(995) 626-8643
KEpafoq@MILU.BTE

BBAOA HVCQBMQ
Benefits Admin
(721) 534-5789
381

BHBCC LEKXLHAR
Benefits Admin
(503) 124-4979
7f8e

Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 2,037,109 $ 5,317,193 $ 4,208,390 $ 5,900,086 $ 3,365,328 $ 779,203 $ 4,796,170 $ 4,696,736 $ 662,745 $ 399,004 $ 146,983 $ 655,751
Liabilities: $ 0 $ 4 $ 1 $ 5 $ 5
EE Contrib: $ 57,579 $ 4,304 $ 84,329 $ 621 $ 6 $ 12 $ 2 $ 1
Emp Contrib: $ 29,699 $ 13,565 $ 24,291 $ 745,153 $ 53,982 $ 83,525 $ 50,548 $ 72,514 $ 84,882 $ 5,047 $ 28,025
Income/Loss: $ 266,189 $ 394,090 $ 107,266($ 963,204) $ 339,423 $ 18,505($ 3,782) $ 96,275 $ 156,513 $ 227,830($ 71,819) $ 95,843
Total Income: $ 353,467 $ 966,466 $ 153,343($ 94,143) $ 195,982 $ 747,446 $ 24,198 $ 904 $ 650,465 $ 547,766 $ 83,587 $ 581,080
Paid Benefits: $ 124,640 $ 834,008 $ 11,516 $ 89,083 $ 72,379 $ 2,071 $ 26,145 $ 60,526 $ 89,978 $ 5,783 $ 91,000 $ 11,947
Expenses: $ 0 $ 4 $ 27 $ 542 $ 552 $ 5 $ 51 $ 0
  Commission: $ 10,274 $ 5,992 $ 8,497 $ 6 $ 425 $ 8 $ 5 $ 4 $ 4 $ 41
Net Income: $ 218,553 $ 632,359 $ 712,942($ 4,456) $ 568,889 $ 123,966($ 5,468) $ 8,361 $ 613,496 $ 995,350($ 5,657) $ 859,134
Net Assets: $ 2,255,662 $ 7,934,129 $ 3,805,192 $ 868,327 $ 2,348,049 $ 7,057,303 $ 4,874,489 $ 7,457,768 $ 9,379,279 $ 381,232 $ 900,824 $ 531,221

Participants

202120202019201820172016201520142013201220112010
Total Participants:671766920685553628823851
Active Part.:51126280982041800701136
Retired Part.:0e82058c81f22217e01e
Deceased Part.:98fbc 5 f8d7f859ee1e

Insurance

No Insurance Coverage

Providers

No Providers

Features

    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.

    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.

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

    2C - Money purchase (other than target benefit)