GRAF BROTHERS FLOORING INC

MR LARRY LEWIS
SOUTH SHORE, KY 41175

Talking Points

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 50th percentile at 2.6% of the market.
Needs Attention

Business Stats

Policy History

Term Carrier Premium LCM
2022

1.707
2022

-
2021

1.707
2021

-
2020

1.707
2020

-
2020

-
2019

1.645
2019

-
2018

1.583
2017

-
2017

1.583
2013

1.564

Contacts

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Sales
(976) 359-4263
Hraqb.Rodf@wrzdpgs.pux

MGZAHPKK H. TZQDY
Benefits Admin
(797) 953-9547
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RCPY HECZMIM
Benefits Admin
(867) 226-9433
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Benefits Admin
(496) 565-7228
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Industry Classification

Retirement Benefits

Financials

20212020201920182017201620152014201320122011
BOY Assets: $ 3,451,642 $ 5,513,983 $ 5,920,905 $ 6,261,485 $ 4,009,493 $ 4,224,411 $ 4,155,471 $ 1,735,710 $ 4,545,608 $ 255,409 $ 30,937
Liabilities: $ 0 $ 81 $ 0 $ 1 $ 25 $ 91 $ 6
EE Contrib: $ 115,615 $ 906,778 $ 69,580 $ 999,252 $ 716,538 $ 709,033 $ 266,861 $ 40,511 $ 157,454 $ 65,849 $ 176,866
Emp Contrib: $ 64,380 $ 51,582 $ 71,300 $ 37,636 $ 77,367 $ 93,388 $ 961,250 $ 27,314 $ 45,372 $ 53,794 $ 22,454
Income/Loss: $ 258,195 $ 356,818 $ 38,645 $ 366,231 $ 8 $ 58 $ 9 $ 2 $ 480,789 $ 307,871($ 56,685)
Total Income: $ 668,972 $ 207,969 $ 927,520 $ 591,133 $ 944,821 $ 793,086 $ 399,758 $ 330,187 $ 248,759 $ 955,557 $ 237,513
Paid Benefits: $ 27,461 $ 34,614 $ 18,929 $ 7 $ 8,786 $ 882,678 $ 203,265 $ 83,072 $ 87,602 $ 80,284 $ 56,710
Expenses: $ 0 $ 438 $ 1 $ 70 $ 0 $ 46 $ 8 $ 8 $ 4
  Commission: $ 31,042 $ 29,580 $ 9,334 $ 81,228($ 47) $ 42 $ 84 $ 162 $ 31 $ 391 $ 2
Net Income: $ 610,469 $ 217,236 $ 408,259 $ 902,306 $ 787,510 $ 861,489 $ 59,626 $ 305,513 $ 189,679 $ 643,662 $ 734,664
Net Assets: $ 4,062,111 $ 6,577,079 $ 2,593,989 $ 8,446,575 $ 8,836,515 $ 390,658 $ 7,152,007 $ 6,360,720 $ 4,657,673 $ 7,627,998 $ 177,931

Participants

20212020201920182017201620152014201320122011
Total Participants:14544027123084375309112691092480
Active Part.:1411850669791639421589247605
Retired Part.:a208e04a4a4b568
Deceased Part.:60b1dfc063410e04

Insurance

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Renewal:12-31-2021
Covered:5
PENSION_EOY_SEP_ACCT_AMT: 0PENSION_PREM_PAID_TOT_AMT: 0

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 0
Commission $ 836
Fees $ 0
Brokers

Providers

PFDER-NEDJ IAPI & HBJEERV LESKOWLRH
8515 EAST ORCHARD ROAD
GREENWOOD VILLAGE, CO 80111
Recordkeeping fees
Compensation:$31,431
Relation:RECORDKEEPER
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5707 SOUTHWEST PKWY BLDG 2 STE 400
AUSTIN, TX 78735
Other commissions
Compensation:$17,814
Relation:BROKER/ADVISER
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8515 EAST ORCHARD ROAD
GREENWOOD VILLAGE, CO 80111
Investment management
Compensation:$43
Relation:INVESTMENT MGMT
GAFFJM OWORNFCMBF CBGKRUGO AWQ
Source: GREAT-WEST LIFE & ANNUITY INSURANCE
Other commissions
Compensation:, OTHER COMMISSIONS

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).

    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.

    3B - Plan covering Self-Employed individuals.

    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.

Health Benefits

Financials

202120202019201820172016
BOY Assets: $ 0 $ 9 $ 9 $ 8 $ 6
Liabilities: $ 0 $ 8 $ 9 $ 6
EE Contrib: $ 0 $ 2 $ 83 $ 2
Emp Contrib: $ 0 $ 0 $ 2
Income/Loss: $ 0 $ 96 $ 4 $ 14
Total Income: $ 0 $ 4 $ 6 $ 6 $ 2
Paid Benefits: $ 0 $ 2 $ 7
Expenses: $ 0 $ 6 $ 17 $ 42 $ 36
  Commission: $ 0 $ 9 $ 3 $ 500 $ 2 $ 0
Net Income: $ 0 $ 0
Net Assets: $ 0 $ 69 $ 8 $ 0

Participants

202120202019201820172016
Total Participants:184276046278319235
Active Part.:184231809508854235
Retired Part.:afaeb59 8
Deceased Part.:6ef 0f4d1ddf6

Insurance

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Renewal:12-31-2021
Covered:184
  1. Life Insurance
  2. ACCIDENTAL DEATH AND DISMEMBERMENT

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 20,889
Commission9.91% $ 2,070
Fees0.19% $ 40
Brokers
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Renewal:12-31-2021
Covered:93
  1. Health
  2. Dental
  3. Vision
  4. Prescription Drug
  5. PPO Contract

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 624,110
Commission2.27% $ 14,195
Fees0% $ 0
Brokers

Providers

No Providers

Features

    4A - Health (other than vision or dental).

    4B - Life insurance.

    4D - Dental.

    4E - Vision.

    4Q - Other.