CRS CONTRACTORS INC

315 STATE ROUTE 34, SUITE 137
COLTS NECK, NJ 07722

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 5th 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.

  • 13% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 12.6% 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 LCM
2023

1.542
2023

-
2022

1.539
2022

-
2022

1.341
2021

1.489
2021

-
2020

1.489
2020

-
2019

1.294
2019

1.150
2017
04-01-2017

1.530
2016

1.530
2016

1.227
2014

-
2013

-
2013

1.290

Contacts

Lliizct Ahol
Partner
(775) 291-5278
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MHXSEZMM SVFFPSA
Benefits Admin
(751) 543-5690
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Benefits Admin
(999) 884-2427
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Benefits Admin
(963) 372-8590
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Industry Classification

Retirement Benefits

Financials

2021202020112010
BOY Assets: $ 57,971 $ 39 $ 513,744 $ 337,196
Liabilities: $ 0 $ 5 $ 128
EE Contrib: $ 119,978 $ 1,338 $ 86,959 $ 76,090
Emp Contrib: $ 66,368 $ 78,524
Income/Loss: $ 18,960 $ 5,441($ 153) $ 39,176
Total Income: $ 205,306 $ 47,175 $ 5,039 $ 29,113
Paid Benefits: $ 7,224 $ 367,569 $ 44,456
Expenses: $ 0 $ 6 $ 3 $ 42
  Commission: $ 2,141 $ 496 $ 28 $ 3,620
Net Income: $ 195,941 $ 4,921($ 283,722)($ 1,610)
Net Assets: $ 253,912 $ 70,237 $ 6 $ 83,269

Participants

2021202020112010
Total Participants:4166b55
Active Part.:37966 3dec
Retired Part.:0be20d3d
Deceased Part.:9b99f0

Insurance

No Insurance Coverage

Providers

No Providers

Features

    2E - Profit-sharing

    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.

    3H - Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).


OSHA

Motor Carrier