Mobile Communication Service

PO Box 1234
Meadville, PA 16335

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 in-line with peers, in the 45th percentile.
  • There was a recent mod decrease.
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 Very Good, in the 23rd percentile compared to peers.
Good

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.

  • 8% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 50th percentile at 3.8% of the market.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

1.499
2022

1.499
2021

1.386
2020

1.386
2019

1.386
2018

1.426
2017

1.463
2016

1.427
2015

1.427
2014

-
2013

-
2013
01-01-2012

-
2012

-
2011

-
2010

-
2009

-

Contacts

LLWVAZ K GOZJLA
Benefits Admin
(635) 605-7648
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Manager
(457) 577-0198
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President/Owner
(314) 323-1265
wzfoadx@vbmwo.pai

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wftlljuxd@fgs.ser

Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 4,713,945 $ 7,720,547 $ 8,790,233 $ 2,675,349 $ 1,824,663 $ 1,125,713 $ 9,246,703 $ 5,198,030 $ 80,111 $ 2,806,996 $ 3,932,684 $ 2,790,488
Liabilities: $ 0 $ 3 $ 62 $ 676 $ 64 $ 2 $ 2 $ 42
EE Contrib: $ 37,516 $ 92,019 $ 5,548 $ 74,616 $ 825 $ 20,779 $ 24,452 $ 88,383 $ 83,765 $ 91,783 $ 35 $ 43,341
Emp Contrib: $ 98,388 $ 88,752 $ 11,653 $ 2,779 $ 31,924 $ 45,802 $ 56,758 $ 83,479 $ 374,843 $ 69,092 $ 825,934 $ 178,413
Income/Loss: $ 328,329 $ 450,065 $ 253,043($ 616,763) $ 130,931 $ 406,147($ 3,865) $ 129,375 $ 737,647 $ 698,043 $ 7,873 $ 637,897
Total Income: $ 464,233 $ 752,064 $ 849,539 $ 25,209 $ 443,458 $ 346,321 $ 10,454 $ 834,918 $ 149,597 $ 876,686 $ 6,716 $ 250,168
Paid Benefits: $ 313,902 $ 792 $ 34,351 $ 374,011 $ 82,771 $ 58,903 $ 784,828 $ 72,825 $ 73,460 $ 96,217 $ 382,457 $ 34,971
Expenses: $ 0 $ 1 $ 515 $ 79,377 $ 43,208 $ 6 $ 9
  Commission: $ 20,781 $ 1,505 $ 48,855 $ 31,537 $ 82,034 $ 49,191 $ 14,433 $ 40,803 $ 78,076 $ 37,149
Net Income: $ 129,550 $ 190,229 $ 674,910($ 831,786) $ 436,272 $ 74,507($ 693,503) $ 945,878 $ 982,537 $ 234,695($ 60,176) $ 26,438
Net Assets: $ 4,843,495 $ 1,450,844 $ 7,062,935 $ 4,694,696 $ 9,029,710 $ 1,597,830 $ 2,784,188 $ 2,947,308 $ 5,437,630 $ 8,217,461 $ 279,929 $ 4,572,312

Participants

202120202019201820172016201520142013201220112010
Total Participants:241379697105234835408321
Active Part.:1684353137807168f1 ff118
Retired Part.:d3212bb786b1fd521bdf
Deceased Part.:497a97858aa57f1a116a48

Insurance

No Insurance Coverage

Providers

No Providers

Features

    2A - Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).

    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.

    2R - Participant-directed brokerage accounts provided as an investment option under the plan.

    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.