PILLARI BROS CONSTRUCTION CORP

65 SQUANKUM YELLOWBROOK RD
FARMINGDALE, NJ 07727

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.

  • 14% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 16.7% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier
2022

2021

2020

2019

2018

2017

2016

2015

2015

2015

2014

2014

2014

2013

2013

2013

2013

2012

2012

Contacts

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CFO
(466) 409-6525
sjyrdt@jplzlnceqxb.vzb

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Benefits Admin
(292) 081-4831
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WEQHEMJL MCBLFB
Benefits Admin
(931) 130-7545
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Industry Classification

Retirement Benefits

Financials

2021202020192018
BOY Assets: $ 55,968 $ 38,319 $ 8,121 $ 18
Liabilities: $ 0 $ 577 $ 437
EE Contrib: $ 35,680 $ 2,466 $ 52,530 $ 7,526
Emp Contrib: $ 2,092 $ 9 $ 4
Income/Loss: $ 13,466 $ 3,902 $ 1,252($ 159)
Total Income: $ 51,238 $ 25,354 $ 1,710 $ 2,517
Paid Benefits: $ 0 $ 8,793 $ 43
Expenses: $ 0 $ 38 $ 57
  Commission: $ 0 $ 7 $ 5
Net Income: $ 51,238 $ 80,997 $ 66,456 $ 2,761
Net Assets: $ 107,206 $ 22,140 $ 13,370 $ 2,116

Participants

2021202020192018
Total Participants:18170853
Active Part.:18768880
Retired Part.:74f416
Deceased Part.:f6723

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.

Motor Carrier