AERUS LLC

14841 DALLAS PKWY STE 500
DALLAS, TX 75254

Talking Points

Premium

Worker's Comp premium is based on two key factors - the LCM your carrier has filed to use, and the total payroll you run over the policy term, which is multiplied by the rate to determine premium. Comparing premium to businesses in the same industry and of similar size can indicate how fair your WC insurance provider's costs are relative to the market.

  • Premium is in-line with peers, in the 54th percentile.
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 Higher than 89% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • LCM Increased by more than 75% of peers.
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.

  • 12% of peers have changed carriers since last year.
  • Of those who changed carriers, 6.6% decreased their LCM vs those who stayed with their current provider who saw a 1.2% increase, a difference of roughly 5x.
  • Current Carrier's market share is in the 75th percentile at 4.9% of the market.
Needs Attention

Business Stats

Policy History

Term Carrier Premium LCM
2023

2.400
2023

-
2023

1.690
2023

1.720
2023

1.630
2023

1.719
2022

2.380
2022

-
2022

2.401
2022

-
2022

1.690
2022

1.500
2022

1.720
2022

1.630
2022

1.719
2021

1.300
2021

-
2021

1.500
2021
PEO
-
2021

-
2021

1.080
2021

1.200
2021

1.120
2021

1.075
2021
05-03-2020

1.449
2020

1.650
2020

1.449
2020

1.413
2020

-
2020
PEO
-
2020
PEO
1.540
2020

-
2020

-
2020

1.075
2020
10-01-2019

1.630
2020
10-01-2019

1.480
2020
11-03-2019

-
2020
10-01-2020

1.230
2019

-
2019

-
2019

1.350
2019
08-11-2019

1.350
2018

-
2018

1.640
2017

1.230
2016

1.820

Contacts

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President
(508) 381-6138
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Yaocsy Gkki
Principal
(620) 833-3875
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Wabpru Gdgq
Principal
(593) 507-0429
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Site Manager
(988) 548-8320
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(708) 849-1792
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(367) 548-5193
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(016) 189-3248
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President
(870) 835-4349
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Site Manager
(019) 171-5791
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Branch Manager
(146) 581-2367
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Chief Executive Officer
(843) 979-0115
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Benefits Admin
(255) 607-7078
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Benefits Admin
(181) 289-7621
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Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 15,328,137 $ 77,606,202 $ 40,036,060 $ 49,748,674 $ 21,538,754 $ 81,151,775 $ 93,375,553 $ 66,561,557 $ 6,400,791 $ 63,565,748 $ 49,880,171 $ 63,409,720
Liabilities: $ 0 $ 6 $ 3 $ 9 $ 29 $ 843 $ 0 $ 80,754 $ 37,384 $ 75,800 $ 248
EE Contrib: $ 822,945 $ 81,119 $ 24,684 $ 28,083 $ 764,727 $ 906,712 $ 654,528 $ 526,769 $ 379,096 $ 171,460 $ 458,190 $ 286,979
Emp Contrib: $ 0 $ 7 $ 7 $ 3 $ 3 $ 63 $ 7 $ 63
Income/Loss: $ 1,204,248 $ 963,585 $ 3,291,957($ 8,270,289) $ 957,997 $ 733,330 $ 4,444 $ 512,545 $ 6,579,100 $ 333,776($ 27,781) $ 640,987
Total Income: $ 3,069,478 $ 4,838,126 $ 365,266($ 638,787) $ 9,717,847 $ 310,103 $ 425,798 $ 208,823 $ 6,215,974 $ 349,822 $ 786,742($ 9,270)
Paid Benefits: $ 1,711,094 $ 134,661 $ 499,392 $ 624,036 $ 688,184 $ 705,367 $ 327,081 $ 6,880,796 $ 287,496 $ 23,327 $ 924,230 $ 7,922,389
Expenses: $ 0 $ 69 $ 6 $ 85 $ 66 $ 697 $ 8 $ 61 $ 195 $ 98 $ 8
  Commission: $ 107,133 $ 732,332 $ 65,078 $ 81,473 $ 52,835 $ 48,688 $ 3,171 $ 77,162 $ 214,248 $ 595,364 $ 87,544 $ 83,566
Net Income: $ 1,251,251($ 546,504) $ 1,631,994($ 400,639) $ 265,181 $ 54,844($ 99,637)($ 500,701) $ 375,465($ 408,957)($ 455,081)($ 7,130,278)
Net Assets: $ 16,579,388 $ 46,877,636 $ 91,391,546 $ 91,165,554 $ 16,859,143 $ 61,990,699 $ 48,427,648 $ 82,725,444 $ 32,729,666 $ 80,269,026 $ 28,893,661 $ 63,373,726

Participants

202120202019201820172016201520142013201220112010
Total Participants:446931531822833647576602754728703444
Active Part.:305475957809963248437595548418719470
Retired Part.:247446d2f0e91de0a0e0910e
Deceased Part.:4d217 61b4a741529

Insurance

No Insurance Coverage

Providers

VFZKGAO PCXMP, LNM.Claims processing
Recordkeeping and information management (computing, tabulating, data processing, etc.)
Participant loan processing
Direct payment from the plan
Sub-transfer agency fees
Recordkeeping fees
Compensation:$89,824
Relation:RECORDKEEPER
TNJJQ SYOZCAM & NGWBGNV, V.X.C.Accounting (including auditing)
Contract Administrator
Recordkeeping and information management (computing, tabulating, data processing, etc.)
Compensation:$15,809
Relation:AUDITOR
ZTBRTV & POVPJTWL, NQOY
400 W MARKET STE 1800
LOUISVILLE, KY 40202
Consulting (general)
Custodial (other than securities)
Compensation:$1,500
Relation:LAWYER

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.

    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.

    3F - Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

    3H - Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Health Benefits

Financials

20212020201920182017201620152014201320122011
BOY Assets: $ 0 $ 881 $ 0 $ 0 $ 5 $ 9 $ 9
Liabilities: $ 0 $ 3 $ 26 $ 0 $ 5 $ 51
EE Contrib: $ 0 $ 4 $ 7 $ 4 $ 6 $ 7 $ 7
Emp Contrib: $ 0 $ 34 $ 4 $ 74 $ 8 $ 6 $ 3
Income/Loss: $ 0 $ 6 $ 7 $ 18
Total Income: $ 0 $ 58 $ 3 $ 4 $ 5 $ 53 $ 15
Paid Benefits: $ 0 $ 76 $ 5 $ 2 $ 76 $ 55 $ 57
Expenses: $ 0 $ 85 $ 8 $ 459 $ 9 $ 9 $ 99 $ 8 $ 8 $ 8
  Commission: $ 0 $ 3 $ 5 $ 33 $ 3 $ 1 $ 8
Net Income: $ 0 $ 9 $ 26 $ 4
Net Assets: $ 0 $ 8 $ 3 $ 4 $ 3

Participants

20212020201920182017201620152014201320122011
Total Participants:198628752481752776350357257206007
Active Part.:198314067215531338094527857880528
Retired Part.:e0f6ed400ea02102 6
Deceased Part.:b29002b1600d00367b 8

Insurance

XSN SKTHIIDC HNRFFDWFN CNSXZEG
Renewal:12-31-2021
Covered:198
  1. BUSINESS TRAVEL ACCIDENT

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 2,816
Commission14.99% $ 422
Fees0% $ 0
Brokers

Providers

No Providers

Features

    4L - Death benefits (include travel accident but not life insurance).