CRONITE COMPANY INC
120 E HALSEY RD
PARSIPPANY, NJ 07054
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 ishigh. It is in the 100th percentile compared to peers.
- Modincreasedby 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.
- 17% of peers have changed carriers since last year.
- 载流子的标记t share is in the 95th percentile at 34.8% of the market.
OSHA
Most employers with 10 or more employees are required to maintain injury and illness records, known as the 300 log. In the event of an inspection, this information will likely be requested. Even without injury or claim, the proper documentation should be readily available on a location by location basis. These logs are critical but simple to maintain.
- Businesses with serious and/or repeat violations should be provided with risk management practices to eliminate unnecessary risk and minimize what must exist in current processes.
Business Stats
Policy History
| Term | Exp. Mod | Carrier | |
|---|---|---|---|
| 2023 |
- | ||
| 2022 |
- | ||
| 2021 |
- | ||
| 2020 |
- | ||
| 2019 |
- | ||
| 2018 |
- | ||
| 2017 |
- | ||
| 2016 |
- | ||
| 2015 |
- | ||
| 2014 |
- | ||
| 2013 |
- |
Contacts
Industry Classification
INK MFG – PRINTING
Printing Trades Machinery
Ink Mfg.
56652
Machinery or Machinery Parts Mfg.--Industrial Type
Retirement Benefits
Financials
| 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| BOY Assets: | $ 753,740 | $ 127,202 | $ 822,906 | $ 380,882 | $ 411,643 | $ 538,991 | $ 425,580 | $ 370,641 | $ 106,975 | $ 685,240 |
| Liabilities: | $ 0 | $ 0 | $ 96 | $ 9 | $ 809 | $ 8 | $ 391 | $ 99 | ||
| EE Contrib: | $ 14,029 | $ 9,554 | $ 47,036 | $ 98,811 | $ 30,313 | $ 78,245 | $ 87,946 | $ 52,498 | $ 23,373 | $ 81,724 |
| Emp Contrib: | $ 0 | $ 9 | $ 4 | $ 1 | ||||||
| Income/Loss: | $ 68,468 | ($ 60,937) | $ 23,125 | $ 49,373 | ($ 7,497) | $ 25,633 | $ 6,430 | $ 19,188 | $ 1,780 | $ 5,522 |
| Total Income: | $ 82,497 | $ 4,527 | $ 7,949 | $ 41,347 | $ 23,839 | $ 54,926 | $ 7,320 | $ 71,008 | $ 20,370 | $ 6,184 |
| Paid Benefits: | $ 238,383 | $ 3,792 | $ 7,075 | $ 29 | $ 9,494 | $ 1 | $ 4,918 | $ 1 | $ 93,249 | $ 652 |
| Expenses: | $ 0 | $ 17 | $ 87 | $ 6 | $ 79 | |||||
| Commission: | $ 84 | $ 6 | $ 463 | $ 848 | $ 76 | $ 69 | $ 521 | $ 638 | $ 30 | $ 681 |
| Net Income: | ($ 155,970) | $ 3,906 | $ 90,212 | $ 78,463 | $ 33,504 | $ 79,660 | $ 39,123 | $ 16,340 | ($ 28,578) | $ 96,640 |
| Net Assets: | $ 597,770 | $ 305,548 | $ 980,855 | $ 139,005 | $ 105,791 | $ 578,594 | $ 541,999 | $ 556,031 | $ 250,557 | $ 455,621 |
Participants
| 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Participants: | 14 | 27 | 81 | 03 | 08 | 77 | 70 | 30 | 20 | 34 |
| Active Part.: | 12 | 12 | 09 | 25 | 04 | 69 | 87 | b | b94 | f3 |
| Retired Part.: | d6 | f4 | 7e9 | 15 | 4 | 9 | c7 | d5 | 4 | |
| Deceased Part.: | a5 | 544 | e2 | 5 | a | ee | 5f8 | 5 | e0f |
Insurance
No Insurance CoverageProviders
No ProvidersFeatures
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-代码部分401 (k)功能——现金或延期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.
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.