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 0th 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 99th percentile at 24.7% 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
2023

2022

2021

2020

2019

2018

2018

2017

2016

2015

2014

2013

Contacts

KLGQZHK DQMHKW
Benefits Admin
(883) 669-6900
ejbwt@vksxwfamfru.khk

XVXHJBS UQZRBI
Benefits Admin
(966) 218-7488
4ffd

Mkxfeur Uojtge
Chief Executive Officer
4c68
stlgf@cfnrokemgbv.bvc

Industry Classification

Retirement Benefits

Financials

2022202120202019201820172016201520142013201220112010
BOY Assets: $ 1,180,760 $ 537,188 $ 8,735,740 $ 503,539 $ 197,965 $ 1,226,360 $ 573,026 $ 3,644,990 $ 6,649,962 $ 7,892,135 $ 2,837,635 $ 3,936,685 $ 5,136,772
Liabilities: $ 0 $ 0 $ 5 $ 4 $ 992 $ 40,000,000
EE Contrib: $ 80,811 $ 73,358 $ 40,851 $ 961,781 $ 927,724 $ 257,495 $ 816,267 $ 402,156 $ 212,801 $ 944,210 $ 574,777 $ 214,013 $ 97,089
Emp Contrib: $ 26,745 $ 98,906 $ 91,694 $ 50,303 $ 14,519 $ 89,657 $ 52,759 $ 81,510 $ 93,029 $ 41,383 $ 93,922 $ 42,545 $ 50,909
Income/Loss:($ 124,852) $ 233,726 $ 31,281 $ 444,586($ 2,769) $ 120,362 $ 893,532 $ 7,192 $ 247,477 $ 735,434 $ 387,871($ 83,891) $ 362,603
Total Income:($ 17,296) $ 81,699 $ 980,158 $ 302,283 $ 357,474 $ 473,969 $ 4,825 $ 564,121 $ 982,663 $ 637,899 $ 583,324 $ 171,002 $ 528,829
Paid Benefits: $ 104,049 $ 868 $ 495,998 $ 384,866 $ 278,454 $ 710,985 $ 37,956 $ 677,375 $ 3,688 $ 765,517 $ 9,367 $ 48,687 $ 8,316
Expenses: $ 0 $ 27 $ 5 $ 377 $ 97 $ 7 $ 17 $ 8
  Commission: $ 0 $ 2 $ 7 $ 0 $ 82 $ 8 $ 2 $ 528 $ 99,937 $ 49,986 $ 36,788
Net Income:($ 121,345) $ 20,187($ 524,914)($ 5,575,139)($ 931,085) $ 143,168 $ 200,037($ 71,292) $ 456,909 $ 625,264 $ 880,922 $ 51,885 $ 507,220
Net Assets: $ 1,059,415 $ 9,901,643 $ 551,544 $ 2,955,484 $ 1,001,177 $ 1,463,147 $ 5,559,885 $ 4,652,821 $ 6,879,115 $ 9,622,505 $ 6,514,398 $ 8,513,416 $ 6,175,317

Participants

2022202120202019201820172016201520142013201220112010
Total Participants:13379386942751473009647957
Active Part.:131430600436322131466dc618
Retired Part.: f072c2c8c6303926f1833891
Deceased Part.:703c0a2cf06fcfc6700683c30

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