AHT COOLING SYSTEMS USA INC

7058 WEBER BLVD
LADSON, SC 29456

Talking Points

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 5th percentile compared to peers.
  • In the last year, LCM Increased by 5%. While peers Increased an average of 4%.
Average

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.

  • 7% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 22% of the market.
Good

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 Premium LCM
2024

2.290
2023

1.099
2023

2.704
2023

2.290
2023

3.073
2023

1.062
2023

2.391
2022

0.977
2022

2.367
2022

2.290
2022

3.120
2022

1.007
2022

2.220
2021

1.700
2021

1.830
2021

1.900
2021

1.450
2021

1.451
2021

1.200
2021
09-25-2021

1.500
2020

1.700
2020

1.830
2020

1.900
2020

1.450
2020

1.500
2020

1.451
2020

1.200
2019

1.788
2019

1.656
2019

1.691
2019

2.416
2019

-
2019

1.330
2018

1.511
2018

1.396
2018

1.305
2018

-
2018

1.788
2018

-
2018

2.416
2017

-
2016

-
2015

-
2014

-
2014

-
2013

-
2013

-

Contacts

LCDFUD VVFOZM
HR Manager
(284) 910-9646
pzdvse@lgyigpoqlspx.cxq

RCOUFG SVNLTA
Benefits Admin
(520) 495-7412
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Dnv Bgdgc
Director Of Production
43
mor.hhgft@vu.ltq.hk

Emwyw Xhmhm
Manager
(663) 645-8580
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Industry Classification

Retirement Benefits

Financials

2022202120202019201820172016201520142013201220112010
BOY Assets: $ 2,970,326 $ 3,317,668 $ 1,781,838 $ 5,744,068 $ 5,147,878 $ 5,474,328 $ 494,470 $ 373,870 $ 470,738 $ 601,550 $ 953,881 $ 25,999 $ 707,078
Liabilities: $ 0 $ 7 $ 9 $ 8 $ 56 $ 1 $ 1 $ 6 $ 9 $ 7
EE Contrib: $ 360,606 $ 276,474 $ 892,407 $ 790,393 $ 40,021 $ 579,270 $ 408,474 $ 39,650 $ 44,722 $ 43,117 $ 16,755 $ 51,615 $ 68,613
Emp Contrib: $ 160,263 $ 561,952 $ 713,615 $ 255,281 $ 24,567 $ 2,981 $ 60,013 $ 3,355 $ 5,785 $ 68,854 $ 6,530 $ 41,187 $ 49,727
Income/Loss:($ 592,749) $ 973,245 $ 917,231 $ 561,108($ 33,205) $ 885,763 $ 79,170($ 97,224) $ 64,235 $ 32,041 $ 33,576($ 9,792) $ 71,116
Total Income:($ 71,880) $ 7,944,169 $ 4,830,930 $ 911,396 $ 901,955 $ 957,133 $ 793,789 $ 785,215 $ 773,619 $ 302,540 $ 31,215 $ 99,699 $ 2,206
Paid Benefits: $ 226,838 $ 928,390 $ 817,531 $ 91,595 $ 852,958 $ 296,737 $ 80,809 $ 7,555 $ 5 $ 8 $ 98 $ 32,573
Expenses: $ 0 $ 5 $ 3 $ 4 $ 4 $ 82 $ 19 $ 291 $ 661 $ 732
  Commission: $ 1,550 $ 5,444 $ 4,838 $ 5,697 $ 646 $ 98 $ 678 $ 9 $ 503 $ 95
Net Income:($ 300,268) $ 879,418 $ 1,538,405 $ 636,858($ 760,177) $ 294,095 $ 912,429 $ 972,682 $ 203,345 $ 130,181 $ 60,391 $ 80,403 $ 36,048
Net Assets: $ 2,670,058 $ 4,341,075 $ 8,700,719 $ 524,635 $ 8,953,430 $ 4,379,211 $ 1,650,398 $ 571,608 $ 164,342 $ 438,499 $ 830,203 $ 577,641 $ 872,063

Participants

2022202120202019201820172016201520142013201220112010
Total Participants:83880532987797879852299348
Active Part.:611177259424332617cac60
Retired Part.:f217a23a10699f872cefefc9bb
Deceased Part.:494ca6a6c999e9ec6e0559a

Insurance

No Insurance Coverage

Providers

No Providers

Features

    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.

    2S - Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.

    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.


OSHA

Motor Carrier