Pugliano Construction Co Inc

2000 Sheena Dr
Pittsburgh, PA 15239

Talking Points

For the Agent

These are points that might help guide an agent as they look to approach a prospect.

  • Increasing LCM and decreasing market share may indicate carrier is tightening underwriting guidelines and/or has written higher risk accounts that they are less willing to fight for.
Needs Attention

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 high. It is in the 80th percentile compared to peers.
  • Mod decreased by more than 75% of peers.
Needs Attention

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 69% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
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.

  • 23% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 75th percentile at 5.7% of the market.
Average

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
2022

1.980
2021

1.980
2020

1.900
2019

1.900
2018

1.750
2017

1.800
2016

1.800
2015

1.620
2014

-
2013

-
2012

-
2011

-
2010

-
2009

-
2009
10-01-2008

-

Contacts

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President
(567) 379-6903
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Benefits Admin
(388) 197-1568
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Benefits Admin
(400) 837-6613
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Managing Director
(928) 316-8488
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Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 1,763,384 $ 3,131,018 $ 5,860,201 $ 9,620,914 $ 590,378 $ 723,400 $ 683,921 $ 294,367 $ 965,164 $ 922,161 $ 724,789 $ 673,801
Liabilities: $ 0 $ 50 $ 6 $ 35 $ 31 $ 527 $ 940 $ 65 $ 1 $ 4
EE Contrib: $ 27,120 $ 5,683 $ 49,058 $ 24,394 $ 25,266 $ 11,177 $ 69,182 $ 45,076 $ 49,170 $ 80,615 $ 96,395 $ 47,906
Emp Contrib: $ 50,000 $ 8,039 $ 59,688 $ 957,375 $ 759,681 $ 95,065 $ 89,989 $ 69,517
Income/Loss: $ 191,064 $ 524,113 $ 455,573($ 88,887) $ 55,038 $ 35,429 $ 542 $ 57,695 $ 465,779 $ 60,726($ 86,695) $ 13,184
Total Income: $ 268,184 $ 356,753 $ 317,392 $ 21,513 $ 241,585 $ 912,058 $ 84,431 $ 46,059 $ 659,020 $ 61,519 $ 21,182 $ 3,770
Paid Benefits: $ 106,304 $ 6,558 $ 5,951 $ 26,969 $ 70,451 $ 93,994 $ 93,795 $ 8,680 $ 5,715 $ 38,328 $ 514,709 $ 4,707
Expenses: $ 0 $ 7 $ 7 $ 7 $ 768 $ 34 $ 73
  Commission: $ 8,926 $ 459 $ 334 $ 39 $ 841 $ 34 $ 536 $ 655 $ 84 $ 278 $ 974 $ 7,465
Net Income: $ 152,954 $ 613,604 $ 296,439($ 7,240) $ 482,395 $ 650,416 $ 6,496 $ 2,907 $ 584,905 $ 2,638($ 47,595) $ 45,314
Net Assets: $ 1,916,338 $ 5,778,494 $ 1,537,639 $ 9,441,423 $ 9,129,332 $ 266,276 $ 905,891 $ 296,746 $ 212,626 $ 65,989 $ 286,747 $ 268,191

Participants

202120202019201820172016201520142013201220112010
Total Participants:145850235096787129704209
Active Part.:9075965789127345 0e
Retired Part.:61c52b799c9654bbc2
Deceased Part.:0a52300a09af16b246727

Insurance

No Insurance Coverage

Providers

No Providers

Features

    2E - Profit-sharing

    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.

    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.

    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.

    2T - Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.


OSHA