Eagle Stainless Container Eagle FAR East Inc T/a

816 Nina Way
Warminster, PA 18974

Talking Points

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 68th percentile.
  • Mod increased by more than 75% of peers.
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 Very Good, in the 12th 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 95th percentile at 3.7% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

1.279
2022

1.279
2021

1.218
2020

1.183
2019

1.183
2018

1.226
2017

1.290
2016

1.259
2015

1.259
2014

-
2013

-
2012

-
2011

-
2010

-
2009

-

Contacts

GLRTEPD RVI
Director
(935) 143-6380
zkbrsux@zymruxremu.mqz

EMGMECZ ZXE
Benefits Admin
(488) 726-6554
180a2

Whz Yy Qfx
President
(569) 034-5409
283

Industry Classification

Retirement Benefits

Financials

2022202120202019201820172016201520142013201220112010
BOY Assets: $ 853,273 $ 440,194 $ 964,893 $ 684,347 $ 734,646 $ 348,079 $ 848,554 $ 935,364 $ 970,483 $ 971,618 $ 13,580 $ 87,894
Liabilities: $ 0 $ 2 $ 9 $ 9 $ 8 $ 3 $ 9 $9,000,000,000
EE Contrib: $ 77,757 $ 34,961 $ 58,972 $ 83,631 $ 71,195 $ 96,785 $ 77,478 $ 31,995 $ 45,659 $ 41,236 $ 93,350 $ 46,266 $ 2,401
Emp Contrib: $ 36,577 $ 83,992 $ 8,914 $ 62,520 $ 62,901 $ 14,554 $ 49,401 $ 20,376 $ 52,431 $ 26,243 $ 88,287 $ 27,486 $ 3,486
Income/Loss:($ 163,126) $ 55,985 $ 35,844 $ 60,467($ 2,418) $ 40,261 $ 7,650($ 1,966) $ 7,542 $ 48,904 $ 1,206($ 3,392) $ 1,574
Total Income:($ 48,792) $ 64,717 $ 906,474 $ 210,478 $ 63,325 $ 57,385 $ 20,608 $ 48,401 $ 56,181 $ 78,921 $ 8,016 $ 71,241 $ 2,899
Paid Benefits: $ 0 $ 4,451 $ 95 $ 1 $ 1 $ 2,874 $ 15 $ 3 $ 9
Expenses: $ 0 $ 6 $ 0 $ 0 $ 9 $ 4 $ 6
  Commission: $ 8,516 $ 754 $ 800 $ 1,718 $ 3 $ 0 $ 53 $ 43 $ 6 $ 851
Net Income:($ 57,308) $ 762,683 $ 555,144 $ 371,683 $ 59,836 $ 6,272 $ 73,835 $ 93,734 $ 677 $ 91,136 $ 75,233 $ 50,419 $ 46,922
Net Assets: $ 795,965 $ 455,965 $ 671,538 $ 349,412 $ 461,726 $ 797,952 $ 452,150 $ 10,939 $ 498,063 $ 970,195 $ 507,361 $ 62,668 $ 96,858

Participants

2022202120202019201820172016201520142013201220112010
Total Participants:220632077001003383005323
Active Part.:21538737662596357272f25cf
Retired Part.:f639f be51e0eb74e44e04e5b
Deceased Part.:62697569d4562 aeb58d86e4

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.

    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