VIANINI PIPE INC.

81 COUNTY LINE ROAD
BRANCHBURG, NJ 08876

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 very good. It is in the 3rd percentile compared to peers.
  • 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.

  • 19% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 30.8% of the market.
Good

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
2022

2021

2020

2019

2018

2018

2017

2016

2015

2014

2013

Contacts

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Benefits Admin
(912) 350-9716
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Benefits Admin
(197) 613-2660
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Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 989,051 $ 6,010,849 $ 916,546 $ 1,667,439 $ 9,425,836 $ 985,990 $ 6,376,879 $ 5,429,298 $ 9,502,580 $ 6,514,180 $ 8,607,485 $ 6,822,211
Liabilities: $ 0 $ 5 $ 25 $ 39 $ 2 $ 512
EE Contrib: $ 67,334 $ 82,644 $ 172,558 $ 636,791 $ 827,010 $ 208,756 $ 155,461 $ 396,171 $ 239,441 $ 88,817 $ 539,410 $ 117,957
Emp Contrib: $ 26,212 $ 68,517 $ 22,317 $ 57,944 $ 59,372 $ 84,391 $ 36,785 $ 99,670 $ 74,185 $ 66,365 $ 59,733 $ 54,826
Income/Loss: $ 106,607 $ 58,874 $ 711,081($ 97,777) $ 371,715 $ 268,074 $ 1,436 $ 609,757 $ 92,765 $ 506,632($ 42,583) $ 731,822
Total Income: $ 200,153 $ 273,059 $ 907,332 $ 611,371 $ 315,007 $ 733,599 $ 752,620 $ 561,841 $ 542,182 $ 911,540 $ 465,852 $ 504,189
Paid Benefits: $ 8,444 $ 289,034 $ 1,913,793 $ 521,303 $ 387,836 $ 35,965 $ 581,971 $ 67,211 $ 352,553 $ 3,198 $ 58,536 $ 6,712
Expenses: $ 0 $ 5 $ 52 $ 8 $ 89 $ 9 $ 8 $ 7 $ 51
  Commission: $ 0 $ 8,181 $ 92,677 $ 39,798 $ 50,708
Net Income: $ 191,709($ 841,643)($ 2,582,289)($ 766,234) $ 742,094 $ 102,812($ 771,079) $ 329,811 $ 378,038 $ 678,665 $ 10,745 $ 286,093
Net Assets: $ 1,180,760 $ 972,287 $ 5,964,852 $ 4,370,816 $ 3,055,631 $ 5,583,662 $ 6,566,843 $ 7,365,420 $ 7,093,906 $ 5,045,262 $ 4,468,860 $ 1,975,374

Participants

202120202019201820172016201520142013201220112010
Total Participants:126291016440727491738774
Active Part.:1236365393902830cc8fc5566
Retired Part.:f88339 631899f1c111
Deceased Part.:378fff68da7f5f a2cc228 06

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.

    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.


OSHA