TRI-STATE COMMUNICATIONS INC

20452 PICKFORD WAY
REDDING, CA 96002

Talking Points

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.

  • 18% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 11.7% of the market.
Good

Business Stats

Policy History

Term Carrier LCM
2023

-
2022

-
2022

1.911
2021

-
2021

1.740
2020

-
2020

-
2019

-
2017

-
2016

-
2015

-
2014

-

Contacts

ZSN TYXXC QVEAU
Officer
(775) 011-2117
796

PMVBE YLALLABY
Benefits Admin
(895) 980-3193
7b6

XEYSC TJG
Benefits Admin
(804) 750-3609
5b98

7
Respnsible Managing Officer/Chief Executive Officer/President
(173) 717-7945
a92

0
Respnsible Managing Officer/Chief Executive Officer/President
(545) 769-1458
35606

Odelvx Ikep
President
(825) 083-9892
e38ff

Industry Classification

Retirement Benefits

Financials

2021202020192018201720162015
BOY Assets: $ 833,199 $ 408,694 $ 239,917 $ 135,781 $ 128,033 $ 712,361 $ 4
Liabilities: $ 0 $ 99 $ 21 $ 261 $ 9 $ 3
EE Contrib: $ 69,878 $ 682,009 $ 219,964 $ 928,332 $ 89,666 $ 56,542 $ 828,629
Emp Contrib: $ 27,443 $ 89,841 $ 72,099 $ 49,968 $ 55,390 $ 29,403 $ 2,244
Income/Loss: $ 61,869 $ 66,425 $ 45,535($ 5,775) $ 68,552 $ 82,678($ 9,682)
Total Income: $ 159,190 $ 494,078 $ 306,864 $ 292,251 $ 615,465 $ 349,143 $ 91,819
Paid Benefits: $ 4,000 $ 50,432 $ 69,922 $ 281,254 $ 88,899 $ 1,686 $ 5
Expenses: $ 0 $ 28 $ 4 $ 2 $ 39 $ 3
  Commission: $ 7,076 $ 5,683 $ 8,670 $ 3,946 $ 8,461 $ 8,215 $ 5
Net Income: $ 148,114 $ 738,468 $ 716,855($ 1,317) $ 154,826 $ 856,871 $ 237,655
Net Assets: $ 472,150 $ 867,173 $ 458,578 $ 402,827 $ 689,390 $ 34,780 $ 109,585

Participants

2021202020192018201720162015
Total Participants:30299728657982
Active Part.:27328866119307
Retired Part.:87376d20a6e11
Deceased Part.:88738dc838585

Insurance

No Insurance Coverage

Providers

No Providers

Features

    2A - Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).

    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.