Metropolitan Communications

940 Eddystone Ave
Crum Lynne, PA 19022

Talking Points

For the Agent

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

  • A break in policy terms may indicate inconsistent work load which can result in substandard employment.
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 very good. It is in the 1st percentile compared to peers.
  • There was a recent mod increase.
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 62% 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.

  • 13% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 50th percentile at 2.6% of the market.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

1.750
(Current: 1.815)
2022

1.750
2021

1.720
2021

1.330
2020

1.390
2019

1.390
2018

1.390
2017

1.430
2016

1.430
2015

1.799
2014
01-01-2014

-
2013

-
2012

-
2011

-
2010

-
2009

-

Contacts

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President
(300) 507-8714
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Benefits Admin
(060) 028-8474
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Benefits Admin
(687) 256-9593
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Benefits Admin
(282) 497-8351
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Office Manager
(717) 329-3097
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(710) 514-3822
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Office Manager
(167) 228-3957
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Industry Classification

Retirement Benefits

Financials

20212020201920182017201620152014201320122011
BOY Assets: $ 580,252 $ 789,506($ 394,027) $ 7,619,860 $ 2,705,962 $ 408,864 $ 888,673($ 255,265)($ 4,425,221)($ 5,231,326)
Liabilities: $ 1,168,112 $ 9,516,981 $ 4,177,207 $ 2,745,008 $ 7,406,509 $ 7,310,500 $ 1,785,032 $ 2,583,361 $ 8,280,758 $ 2,364,930
EE Contrib: $ 0 $ 824,717 $ 48 $ 4 $ 1
Emp Contrib: $ 430,198 $ 92,356 $ 38,448 $ 332,658 $ 134,857 $ 197,104 $ 634,648 $ 313,743 $ 920,526 $ 489,148 $ 39,223
Income/Loss: $ 349,822 $ 622,461 $ 0 $ 5 $ 850,423 $ 520,226 $ 362,940 $ 455,893 $ 9,809,045($ 9,378,819)
Total Income: $ 780,020 $ 3,160,248 $ 92,271 $ 911,831 $ 666,524 $ 1,889,567 $ 779,101 $ 595,708 $ 631,542 $ 7,286,839($ 3,007,844)
Paid Benefits: $ 49,254 $ 741,795 $ 2,023 $ 795 $ 4,348 $ 1,741 $ 1,910 $ 4,710 $ 7,480 $ 3 $ 363
Expenses: $ 49,001 $ 15,119 $ 519,755 $ 8,359,094 $ 911,586 $ 26,900 $ 44,105 $ 149,404 $ 255,932 $ 22,950 $ 62,603
  Commission: $ 0 $ 60 $ 80 $ 942 $ 0 $ 61 $ 7 $ 6
Net Income: $ 681,765 $ 574,853($ 61,456)($ 6,461,643)($ 380,521) $ 4,715,122 $ 35,381 $ 401,018 $ 2,483,915 $ 456,095($ 2,414,582)
Net Assets: $ 1,262,017 $ 4,035,681($ 411,768)($ 652,315) $ 7,589,836 $ 7,403,525 $ 950,158 $ 143,292($ 217,275)($ 2,813,707)($ 4,907,831)

Participants

20212020201920182017201620152014201320122011
Total Participants:3760545242629752997926
Active Part.:2276899577649881514691
Retired Part.:4c06659267dd 0
Deceased Part.:c132a389239ca18

Insurance

No Insurance Coverage

Providers

No Providers

Features

    2E - Profit-sharing

    2I - Stock bonus

    2P - Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.

    2Q - The employer maintaining this ESOP is an S Corporation

    3I - Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.