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 73rd 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, 0.6% 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

d59
(654) 830-0241
6d857

Mpal AsBpw
Manager
(508) 969-3700
194

OTKQAL V HVUNRFITGLUD
Benefits Admin
(299) 371-1156
41898

ZQPHGU J BSAPUSFBPMRL
Benefits Admin
(400) 352-0887
55f

Tsu SAEcloq
President
(720) 417-7912
Z.rncywrg@kosom.gqs

Qknjim Pyobxhch
Vice President
(027) 323-3767
zehprgxja@plmjgyxyoy.jpc

Industry Classification

Retirement Benefits

Financials

20212020201920182017201620152014201320112010
BOY Assets: $ 145,402,593 $ 840,866,529 $ 671,999,201 $ 118,350,168 $ 26,282,392 $ 586,755,489 $ 867,322,049 $ 389,519,565 $ 474,222,019 $ 34,053,006 $ 89,510,297
Liabilities: $ 0 $ 9,755 $ 9 $ 88 $ 94,664 $ 81,235 $ 72,614 $ 39,466 $ 85,496 $ 25,612
EE Contrib: $ 0 $ 2 $ 7 $ 5 $ 4 $ 17
Emp Contrib: $ 0 $ 3 $ 0 $ 9,544,763 $ 78,949,533 $ 4,739,534 $ 6,133,011 $ 7,624,994
Income/Loss: $ 6,984,631 $ 43,301,149 $ 43,906,495($ 6,360,103) $ 68,902,948 $ 1,785,083($ 6,477,881) $ 2,959,868 $ 14($ 671,652) $ 93
Total Income: $ 8,175,493 $ 32,831,472 $ 32,221,466 $ 5,240,028 $ 4,094,194 $ 61,976,376 $ 8,130,900 $ 58,882,103 $ 24,997,994 $ 2,369,494 $ 84,935,705
Paid Benefits: $ 4,221,168 $ 1,584,675 $ 2,812,422 $ 8,987,612 $ 23,498,205 $ 83,156,188 $ 8,404,395 $ 488,663 $ 6,420,122 $ 7,370,131 $ 4,767,784
Expenses: $ 0 $ 0 $ 8 $ 7 $ 5 $ 16 $ 65 $ 7
  Commission: $ 244,552 $ 97,923 $ 887,777 $ 756,228 $ 997,126 $ 461,475 $ 212,709 $ 472,313 $ 294,415 $ 358,949 $ 957,481
Net Income: $ 3,709,773 $ 4,273,553 $ 19,510,892($ 324,460)($ 81,418,228)($ 4,888,429) $ 4,150,627 $ 14,481,012 $ 2,261,622 $ 3,350,835 $ 62,883,548
Net Assets: $ 149,112,366 $ 549,936,790 $ 926,509,269 $ 891,972,040 $ 586,410,127 $ 523,032,954 $ 706,010,406 $ 83,824,807 $ 636,465,502 $ 50,006,396 $ 79,508,624

Participants

20212020201920182017201620152014201320112010
Total Participants:10853047060217669646228352130149280812870110
Active Part.:6710410073592962355667155862693463164726
Retired Part.:1596302956067237726279213227
Deceased Part.:1378651647077330637

Insurance

No Insurance Coverage

Providers

TCYPLN KCHPG PXGRLJXV UIAWQCFEBG
SIX PPG PLACE
PITTSBURGH, PA 15222
Actuarial
Compensation:$134,575
Relation:OUTSIDE CONTRACTOR
DYUEA SBORM DP, BQP
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 $ 7 $ 2 $ 4 $ 82 $ 9 $ 7
Liabilities: $ 0 $ 3 $ 14 $ 2 $ 22 $ 29 $ 64 $ 209
EE Contrib: $ 0 $ 0 $ 1 $ 20 $ 0 $ 10 $ 495,588
Emp Contrib: $ 0 $ 6 $ 6 $ 1 $ 6 $ 3 $ 616 $ 663,733 $ 801,296 $ 735,059 $ 6
Income/Loss: $ 0 $ 9 $ 0 $ 13 $ 9
Total Income: $ 0 $ 978 $ 6 $ 60 $ 929,277 $ 979,208 $ 917,654 $ 138,601
Paid Benefits: $ 0 $ 3 $ 56 $ 2 $ 9 $ 8 $ 9 $ 600,000,000 $ 943,784 $ 517,839 $ 556,986 $ 5
Expenses: $ 0 $ 53 $ 65 $ 4
  Commission: $ 0 $ 97 $ 24 $ 1 $ 4 $ 2 $ 9 $ 9 $ 8 $ 8
Net Income: $ 0 $ 5 $ 7 $ 62 $ 73 $ 6 $ 29 $ 2 $ 479,596
Net Assets: $ 0 $ 9 $ 2 $ 43 $ 6 $ 94 $ 79 $ 3 $ 9

Participants

202120202019201820172016201520142013201220112010
Total Participants:130339857127806507674746550799672526857644156216
Active Part.:130332332367389238702496396043401177015792511913
Retired Part.:5afd82a5a69a0ad000cdf4
Deceased Part.:59bccbd377cd77 b7d

Insurance

RF IYFN MPKEHEBVP XJ
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
UTQLHYKA IAQF EEOENPLHL
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
LWX DYAM VKIQNXAXZ XWTZCBM PR DXKEGP
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
KB NHFO PMDKHYOAC UB
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.