UNION WHOLESALE CO
SUFFOLK AVE 70TH ST
PHILADELPHIA, PA 19153
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 isvery good. It is in the 0th percentile compared to peers.
- Moddecreasedby more than 75% of peers.
LCM Rate
When you get coverage from a Carrier, you are placed in one of their 'Carrier Tiers' (An insurance company under the carrier's umbrella). These individual tiers get a rating from the bureau referred to as an LCM, which effects the premium you pay.
- The LCM of the Current Carrier isVery Good, in the 12th percentile compared to peers.
- LCMDecreasedby more than 75% of peers.
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.
- 13% of peers have changed carriers since last year.
- Current Carrier's market share is in the 50th percentile at 1.3% of the market.
Business Stats
Policy History
Term | Exp. Mod | Carrier | Premium | LCM |
---|---|---|---|---|
2021 |
1.381 | |||
2020 |
1.620 | |||
2020 01-16-2019 |
1.620 | |||
2020 12-17-2020 |
1.560 | |||
2019 |
1.620 | |||
2019 |
1.560 | |||
2019 12-15-2018 |
1.620 | |||
2018 12-17-2018 |
1.560 | |||
2017 |
- | |||
2017 |
1.508 | |||
2016 12-17-2016 |
1.900 | |||
2015 |
1.900 | |||
2014 |
- | |||
2013 |
- | |||
2012 |
- | |||
2011 |
- | |||
2010 |
- | |||
2009 |
- | |||
2008 |
- | |||
2007 |
- | |||
2007 12-17-2006 |
- | |||
2007 12-01-2007 |
- | |||
2006 |
- | |||
2006 |
- | |||
2006 |
- | |||
2006 |
- | |||
2006 09-30-2006 |
- | |||
2006 09-30-2006 |
- | |||
2005 |
- | |||
2005 |
- | |||
2004 |
- | |||
2004 01-15-2004 |
- | |||
2003 |
- | |||
2003 |
- | |||
2002 12-17-2002 |
- | |||
2001 12-17-2000 |
- | |||
2001 12-17-2000 |
- | |||
2001 12-17-2000 |
- | |||
2001 12-17-2001 |
- | |||
2000 |
- | |||
2000 |
- | |||
2000 12-17-2001 |
- | |||
2000 12-17-2001 |
- | |||
1999 |
- |
Contacts
Industry Classification
Furniture Or Fixture Install
Plastering, Drywall, and Insulation
Carpentry--Interior
92338
Dry Wall or Wallboard Installation
95124
Furniture or Fixtures--Installation in Offices or Stores--Portable--Metal or Wood
96410
Insulation Work--Mineral
96409
Insulation Work--Organic or Plastic in Solid State
96408
Insulation Work--Plastic
Retirement Benefits
Financials
2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
---|---|---|---|---|---|---|---|---|---|---|
BOY Assets: | $ 1,737,631 | $ 7,483,647 | $ 9,050,570 | $ 9,329,988 | $ 605,087 | $ 285,833 | $ 820,162 | $ 370,714 | $ 84,019 | $ 133,545 |
Liabilities: | $ 0 | $ 5 | $ 1 | $ 2 | $ 4 | $ 9 | $ 59 | $ 79 | ||
EE Contrib: | $ 140,346 | $ 3,379 | $ 162,081 | $ 54,521 | $ 81,557 | $ 30,929 | $ 53,922 | $ 59,858 | $ 35,968 | $ 1,763 |
Emp Contrib: | $ 63,515 | $ 23,911 | $ 10,910 | $ 527 | $ 62,516 | $ 17,708 | $ 79,947 | $ 12,045 | $ 66,016 | |
Income/Loss: | $ 274,565 | $ 33,387 | $ 2,112 | $ 266,368 | $ 87,062 | $ 1,338 | $ 82,221 | $ 381,044 | $ 81,018 | $ 5,431 |
Total Income: | $ 478,426 | $ 83,122 | $ 559,990 | $ 981,944 | $ 128,688 | $ 57,340 | $ 722,741 | $ 370,399 | $ 340,025 | $ 9,420 |
Paid Benefits: | $ 67,400 | $ 97 | $ 954,183 | $ 66,740 | $ 5,897 | $ 97,052 | $ 53,839 | $ 9 | $ 5 | $ 323,575 |
Expenses: | $ 0 | $ 6 | $ 92 | $ 48 | $ 83 | $ 3 | $ 9 | $ 80 | $ 43 | |
Commission: | $ 14,657 | $ 8 | $ 3,458 | $ 965 | $ 1,698 | 50美元 | $ 457 | |||
Net Income: | $ 396,369 | $ 11,204 | $ 29,333 | 50美元4,607 | $ 69,727 | $ 98,607 | $ 9,520 | $ 341,549 | $ 895,997 | ($ 656,978) |
Net Assets: | $ 2,134,000 | $ 7,083,898 | $ 4,828,819 | $ 6,792,672 | $ 5,304,459 | $ 374,556 | $ 881,926 | $ 410,982 | $ 956,052 | $ 956,081 |
参与者
2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
---|---|---|---|---|---|---|---|---|---|---|
Total Participants: | 27 | 56 | 49 | 53 | 46 | 63 | 29 | 59 | 76 | 8 |
Active Part.: | 22 | 25 | 74 | 36 | 45 | 17 | 0cc | 0 | c4 | 04 |
Retired Part.: | a9 | 8 | f6 | a | f | fa9 | 56a | aa | f6 | |
Deceased Part.: | f | 9 | a | df5 | d38 | 2 | 90 | 46d | d99 |
Insurance
No Insurance CoverageProviders
No ProvidersFeatures
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
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.