Marmoset LLC

1875 SE Belmont St
Portland, OR 97214

Talking Points

LCM Rate

LCMs have the largest effect on your WC costs. Carriers file LCM's which are multiplied with the state approved Loss Costs for your employment classifications to create your policy rates. Carrier Groups have several Carrier Tier's each with their own filing, allowing their underwriters to price aggressively to overly prudent depending on the risk.

  • The LCM of the Current Carrier is Higher than 84% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • In the last year, LCM Increased by 9%. While peers Increased an average of 1%.
Needs Attention

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.

  • 5% of peers have changed carriers since last year.
  • Of those who changed carriers, 8.5% decreased their LCM vs those who stayed with their current provider who saw a 1.1% decrease, a difference of roughly 8x.
  • Current Carrier's market share is in the 75th percentile at 5% of the market.
Needs Attention

Similar Businesses

Business Stats

Policy History

Term Carrier LCM
2024

2.100
2023

1.925
2023
02-03-2023

2.188
2022

1.351
2022

2.168
2022

1.725
2021

2.112
2020

2.112
2019

-

Contacts

Zkrk Kckuzprevp
Product Owner
(797) 840-7126
gwkdpvpveyabhl@sqzxyrutfltmv.ygq

Fstuy Ypsdctc
Head Of Marketing
(999) 141-8783
zagkv@urviuajuoyycp.bkk

Ogmsa Skfowdk
Head Of Marketing
(477) 567-2115
eejhr@qfadcgyupibkb.roc

Chua Odbrxw
Co-Founder
(972) 779-4300
bryn@tcdmfwkbikfea.ebi

Ujyv Bjrto
Chief Executive Officer
(146) 517-7820
ajun@hzfymcwnfsqrp.lls

Pdruzi Lwzn
Head of Technology
(025) 982-5263
qyhdxjxeio@yfjkgbefwjmfq.wzd

DPEKSZ VYIUBH
Benefits Admin
(065) 747-5332
ee5a5

Industry Classification

Retirement Benefits

Financials

202220212020201920182017
BOY Assets: $ 1,542,224 $ 6,079,644 $ 100,868 $ 812,829 $ 338,823 $ 7
Liabilities: $ 0 $ 62 $ 638 $ 2 $ 96
EE Contrib: $ 194,202 $ 23,431 $ 9,321 $ 576,503 $ 685,488 $ 759,343
Emp Contrib: $ 114,724 $ 38,071 $ 89,986 $ 640,486 $ 85,426 $ 84,089
Income/Loss:($ 287,057) $ 623,486 $ 380,176 $ 233,259($ 79,810) $ 49,012
Total Income: $ 21,869 $ 359,746 $ 933,149 $ 688,867 $ 807,185 $ 40,842
Paid Benefits: $ 197,140 $ 33,758 $ 52,172 $ 29,280 $ 66,379 $ 4
Expenses: $ 0 $ 290 $ 6,054 $ 146
  Commission: $ 5,029 $ 9,256 $ 990 $ 5,904 $ 0
Net Income:($ 180,300) $ 720,177 $ 397,680 $ 750,364 $ 35,673 $ 934,184
Net Assets: $ 1,361,924 $ 1,525,881 $ 3,296,143 $ 846,781 $ 139,305 $ 945,582

Participants

202220212020201920182017
Total Participants:749909703773
Active Part.:403975122889
Retired Part.:50ac400
Deceased Part.: 9bf8 7b

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.

    3B - Plan covering Self-Employed individuals.