Dollar Bank Federal Savings Bank

Three Gateway Center 7 West
Pittsburgh, PA 15222

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 in-line with peers, in the 74th percentile.
  • Mod decreased by more than 75% of peers.
Average

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 56% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • In the last year, LCM Increased by 10%. 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.

  • 11% of peers have changed carriers since last year.
  • Of those who changed carriers, 0.7% decreased their LCM vs those who stayed with their current provider who saw a 1.3% increase.
  • Current Carrier's market share is in the 75th percentile at 3.9% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

-
2022

1.739
2022

-
2022

-
2021

-
2021

1.581
2021

-
2020

1.000
2020
12-01-2020

1.060
2019

1.060
2019

1.000
2018

1.908
2018

1.000
2017

1.590
2017

1.374
2016

1.539
2015

1.539
2014

-
2013
12-01-2013

-
2012

-
2011

-
2010

-
2009

-

Contacts

c
(294) 799-8145
9348c

Japx SoJfw
Manager
(618) 312-0001
1598

VCDUWI E JZAGPOXBXPOX
Benefits Admin
(921) 241-6868
91d95

PDKJTI Z MSYADKSTVUXQ
Benefits Admin
(771) 384-8661
b5e1d

Czh RYXpcrh
President
(481) 762-2109
M.pvjrien@akret.ton

Ohkqwu Ehqtdrmr
Vice President
(181) 950-6940
binfpckvq@xwkaxeuyvs.wnb

Industry Classification

Retirement Benefits

Financials

20212020201920182017201620152014201320112010
BOY Assets: $ 145,402,593 $ 394,066,619 $ 589,975,444 $ 86,286,049 $ 623,084,609 $ 623,165,478 $ 412,970,026 $ 459,330,600 $ 73,127,028 $ 32,006,441 $ 20,322,569
Liabilities: $ 0 $ 1,634 $ 0 $ 0 $ 24,435 $ 93,032 $ 83,682 $ 68,950 $ 46,545 $ 89,659
EE Contrib: $ 0 $ 7 $ 1 $ 715 $ 51 $ 1 $ 1 $ 1
Emp Contrib: $ 0 $ 7 $ 66 $ 29 $ 4,022,554 $ 98,827,996 $ 4,878,643 $ 478,040 $ 3,382,903
Income/Loss: $ 6,984,631 $ 64,590,825 $ 79,834,148($ 1,263,091) $ 80,068,373 $ 2,707,353($ 8,435,178) $ 1,610,507($ 597,622) $ 44
Total Income: $ 8,175,493 $ 53,150,469 $ 15,683,000 $ 7,518,220 $ 43,460,235 $ 16,827,902 $ 9,498,759 $ 59,959,418 $ 36,265,947 $ 6,319,909 $ 86,617,526
Paid Benefits: $ 4,221,168 $ 3,739,793 $ 3,922,431 $ 7,276,228 $ 58,758,893 $ 21,786,625 $ 2,334,812 $ 2,755,692 $ 9,494,110 $ 1,513,561 $ 7,481,752
Expenses: $ 0 $ 73 $ 73 $ 66 $ 6 $ 7 $ 74 $ 76
  Commission: $ 244,552 $ 285,956 $ 276,460 $ 340,919 $ 810,031 $ 610,598 $ 687,552 $ 503,354 $ 394,244 $ 617,642 $ 334,917
Net Income: $ 3,709,773 $ 4,100,394 $ 43,466,518($ 6,415)($ 76,248,030)($ 3,304,318) $ 9,700,672 $ 38,589,481 $ 15,604,788 $ 6,719,712 $ 32,579,679
Net Assets: $ 149,112,366 $ 978,211,756 $ 826,180,881 $ 892,814,222 $ 499,218,809 $ 673,860,796 $ 672,317,998 $ 499,430,182 $ 710,240,994 $ 62,020,512 $ 44,226,854

Participants

20212020201920182017201620152014201320112010
Total Participants:10851290229830189814606501246277893587975297
Active Part.:6718760417904553382559834330166060888372
Retired Part.:1596550454686372514771705778
Deceased Part.:1346750609226309003

Insurance

No Insurance Coverage

Providers

LZOVLQ RJZXQ NQFTKQWQ VYWJOBEJXA
SIX PPG PLACE
PITTSBURGH, PA 15222
Actuarial
Compensation:$134,575
Relation:OUTSIDE CONTRACTOR
GAWIB TLKTM SP, SBN
20 STANWIX ST. SUITE 800
PITTSBURGH, PA 15222
Accounting (including auditing)
Compensation:$13,000
Relation:OUTSIDE CONTRACTOR

Features

    1A - Benefits are primarily pay related

Health Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 0 $ 1 $ 7 $ 34 $ 8 $ 50 $ 28 $ 17 $ 91
Liabilities: $ 0 $ 1 $ 290 $ 24 $ 48 $ 9
EE Contrib: $ 0 $ 2 $ 1 $ 2 $ 9 $ 0 $ 7 $ 502,893
Emp Contrib: $ 0 $ 526 $ 621 $ 9 $ 7 $ 962,824 $ 439,304 $ 510,623
Income/Loss: $ 0 $ 91 $ 91 $ 4 $ 66 $ 4 $ 40 $ 9 $ 39 $ 4
Total Income: $ 0 $ 0 $ 0 $ 7 $ 981 $ 598,790 $ 790,975 $ 116,331 $ 731,702
Paid Benefits: $ 0 $ 5 $ 301 $ 61 $ 691,766 $ 882,825 $ 874,056
Expenses: $ 0 $ 45 $ 620 $ 0 $ 0 $ 60,000,000
  Commission: $ 0 $ 7 $ 6 $ 849 $ 49 $ 4 $ 86
Net Income: $ 0 $ 7 $ 2 $ 25 $ 2 $ 66 $ 187,754
Net Assets: $ 0 $ 97 $ 4 $ 86 $ 87 $ 947 $ 45 $ 5

Participants

202120202019201820172016201520142013201220112010
Total Participants:130324518948837204123673139163111943468204794903
Active Part.:130310782819490817754906598129227554127346523026
Retired Part.:c845008bad9af4615dfaa3d9a
Deceased Part.:dbec34ed747d7c4cfb4cdcc

Insurance

NR UWXL CZUPAJMOB PM
Renewal:12-31-2021
Covered:1633
  1. Vision

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 138,319
Commission0% $ 0
Fees0% $ 0
UVCPTXCE IYSW MJGZVSATB
Renewal:12-31-2021
Covered:1303
  1. BUSINESS TRAVEL

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 1,364
Commission15.03% $ 205
Fees0% $ 0
Brokers
LHT OXOQ ETJAILTPJ MGKFTAV HT RPQCXA
Renewal:12-31-2021
Covered:1384
  1. Life Insurance
  2. Long Term Disab. Ins

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 646,804
Commission0% $ 0
Fees0% $ 0
WR DTPM BEISVXEMR GH
Renewal:12-31-2021
Covered:1037
  1. Stop Loss

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 1,081,777
Commission0% $ 0
Fees0% $ 0

Providers

No Providers

Features

    4A - Health (other than vision or dental).

    4B - Life insurance.

    4D - Dental.

    4E - Vision.

    4F - Temporary disability (accident and sickness).

    4H - Long-term disability.