Jester & Associates, Inc & Jestec, Inc.

106 Spring Lake Drive
New Britain, PA 18901

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 31st 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.

  • 7% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 75th percentile at 1.8% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

1.650
2021

1.650
2020

1.484
2019

1.484
2018

1.484
2017

1.484
2016

1.400
2015

1.400
2014

-
2013

-
2012

-
2012
11-16-2011

-
2011

-
2010

-
2010
11-16-2009

-
2009

-
2009
09-04-2008

-

Contacts

THGU DNOFRW GV
Owner Jestec
(164) 492-9919
NNfvwkx@cnjtzjcozyh.csu

QFOS PLNYOB
Benefits Admin
(247) 439-0149
588

YFMV FUPSUX TM
Benefits Admin
(450) 994-3171
3789

Klhn C Oxcyda Lk
PRESIDENT
(683) 982-4718
9f3

Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 421,624 $ 984,222 $ 828,801 $ 895,463 $ 622,111 $ 1,240 $ 904,566 $ 9,111 $ 240,450 $ 803,882 $ 833,273 $ 549,971
Liabilities: $ 0 $ 67 $ 6 $ 7 $ 7 $ 7 $ 6 $ 4 $ 4 $ 1
EE Contrib: $ 57,083 $ 39,758 $ 89,368 $ 51,252 $ 33,836 $ 87,023 $ 65,020 $ 55,387 $ 71,726 $ 28,459 $ 35,768 $ 51,150
Emp Contrib: $ 0 $ 90,000,000 $ 2 $ 0 $ 7 $ 7
Income/Loss: $ 79,692 $ 39,040 $ 95,917($ 93,249) $ 53,887 $ 47,792 $ 5,612 $ 31,347 $ 86,741 $ 12,784($ 8,853) $ 78,458
Total Income: $ 136,775 $ 86,449 $ 817,324($ 6,263) $ 93,680 $ 76,655 $ 15,636 $ 10,999 $ 68,019 $ 37,638 $ 5,841 $ 17,959
Paid Benefits: $ 21,897 $ 199,291 $ 7 $ 3 $ 33,755 $ 30 $ 8 $ 30,959 $ 5 $ 7,480
Expenses: $ 0 $ 47 $ 786 $ 52 $ 82 $ 48 $ 6 $ 9 $ 4
  Commission: $ 2,417 $ 8,868 $ 8,654 $ 8,674 $ 346 $ 1 $ 24 $ 8 $ 791
Net Income: $ 112,461($ 54,977) $ 477,921($ 57,246) $ 3,253 $ 87,688 $ 14,686 $ 84,848 $ 46,491 $ 95,426 $ 1,099($ 44,281)
Net Assets: $ 534,085 $ 180,355 $ 137,135 $ 692,822 $ 225,455 $ 370,270 $ 462,915 $ 208,522 $ 473,520 $ 403,619 $ 467,556 $ 984,641

Participants

202120202019201820172016201520142013201220112010
Total Participants:145013141481253767576486
Active Part.:138098061075754c5142e34
Retired Part.:f342df27f622981fab93f6618b6
Deceased Part.:8125cf991783fe190812201

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.