Triplescreen Search & Staffing

55 Country Club Drive, Suite 100
Downingtown, PA 19335

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 Higher than 89% 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.

  • 5% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 15.2% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

3.187
(Current: 3.716)
2021

3.187
2020
12-20-2020

3.187
2019

3.187
2018
12-20-2018

3.187
2017

2.789
2016

2.702
2015

2.549
2014

-
2013

-
2012

-
2011

-
2010

-
2009

-

Contacts

e
Owner / Managing Partner
(222) 223-4182
eqggehbkzl@ntswf.cxb

QXLF OYKWRRXMM
Benefits Admin
(414) 831-9602
fe1

WYLI KJNRADFMJ
Benefits Admin
(476) 591-3311
06932

Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 3,153,246 $ 3,621,914 $ 6,504,847 $ 8,615,448 $ 9,146,850 $ 8,691,863 $ 7,984,708 $ 160,072 $ 27,777 $ 246,517 $ 100,961 $ 365,831
Liabilities: $ 0 $ 5 $ 3 $ 7 $ 3 $ 6 $ 63 $ 635 $ 7
EE Contrib: $ 55,422 $ 95,055 $ 20,166 $ 73,608 $ 593,753 $ 6,831 $ 13,510 $ 48,409 $ 27,237 $ 97,385 $ 51,254 $ 43,531
Emp Contrib: $ 87,367 $ 32,975 $ 1,057 $ 27,392 $ 35,027 $ 14,468 $ 77 $ 55,978 $ 43,677 $ 28,938 $ 192 $ 2,395
Income/Loss: $ 576,916 $ 810,463 $ 801,359($ 637,956) $ 941,523 $ 565,080($ 46,959) $ 11,283 $ 906,207 $ 1,196($ 4,914) $ 11
Total Income: $ 719,705 $ 997,858 $ 84,499 $ 16,588 $ 251,283 $ 25,339 $ 23,559 $ 368,213 $ 182,218 $ 485,964 $ 76,525 $ 917,810
Paid Benefits: $ 394,315 $ 8 $ 25,672 $ 8 $ 89 $ 85,658 $ 6,115 $ 1 $ 16,774 $ 40,694
Expenses: $ 0 $ 2 $ 0 $ 9 $ 4 $ 1 $ 8 $ 971 $ 74
  Commission: $ 1,930 $ 47 $ 15 $ 65 $ 27 $ 1,372 $ 63 $ 208 $ 5,633 $ 3,933 $ 5,037 $ 61
Net Income: $ 323,460 $ 213,991 $ 817,007 $ 13,560 $ 573,754 $ 543,233 $ 15,206 $ 597,163 $ 189,413 $ 913,184 $ 66,116 $ 597,139
Net Assets: $ 3,476,706 $ 7,833,145 $ 8,263,378 $ 243,385 $ 9,013,732 $ 7,333,497 $ 8,516,669 $ 2,606,686 $ 313,917 $ 706,334 $ 351,320 $ 754,454

Participants

202120202019201820172016201520142013201220112010
Total Participants:8349383573670
Active Part.:32823686eedbfb
Retired Part.:00fabd553602 80b26022
Deceased Part.:a64976a45f7a597452da14

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.

    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.