PETERSBURG COOPERATIVE GIN
PO BOX 40
PETERSBURG, TX 79250
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 isHigher超过81%的同行。
- In the last year, premiumDecreasedby 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 isHigherthan 92% of peers.
- Shopping around for a carrier that would provide a more competative tier would make sense.
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.
- 0% of peers have changed carriers since last year.
- Current Carrier's market share is in the 75th percentile at 92.9% of the market.
Business Stats
Policy History
| Term | Carrier | Premium | LCM | |
|---|---|---|---|---|
| 2021 |
1.693 | |||
| 2020 |
1.693 | |||
| 2019 |
1.693 | |||
| 2018 |
- | |||
| 2017 |
- | |||
| 2016 |
- | |||
| 2015 |
- | |||
| 2014 |
- |
Contacts
Industry Classification
Cotton Gin--All Employees
Cotton Ginning
Cotton Ginning
Cotton Gin Operations
41679
Cotton Gin Operations--Other Than Those Performed for a Fee Per Bale
Retirement Benefits
Financials
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BOY Assets: | 美元353,401 | 美元146,450 | 美元70,829 | 美元253,569 | 美元835,172 | 美元441,225 | 美元10,034 | 美元55,785 | 美元34,338 | 美元53,619 | 美元2 |
| Liabilities: | 美元0 | 美元376 | 美元93 | 美元7 | 美元610 | 美元6 | 美元9 | ||||
| EE Contrib: | 美元25,470 | 美元16,815 | 美元47,634 | 美元92,421 | 12300美元 | 美元88,582 | 美元69,815 | 美元86,953 | 美元71,190 | 美元30,211 | 美元5,096 |
| Emp Contrib: | 美元14,400 | 美元61,042 | 美元99,053 | 美元94,112 | 美元28,082 | 美元18,587 | 美元49,424 | 美元96,964 | 美元48,601 | 美元21,417 | 美元69,344 |
| Income/Loss: | 美元117,508 | 美元4,582 | ($ 5,758) | 美元92,120 | 美元40,611 | ($ 90,016) | 美元7,187 | 美元43,224 | 美元8,311 | 美元1,638 | 美元6,692 |
| Total Income: | 美元157,378 | 美元96,820 | 美元405,880 | 美元98,877 | 美元63,400 | 美元31,637 | 美元22,266 | 美元36,011 | 美元49,919 | 美元93,832 | 美元17,415 |
| Paid Benefits: | 美元3,458 | 美元41,346 | 美元2,901 | 美元79,993 | 美元90,085 | 美元25,560 | 美元5,462 | 美元8,341 | 美元3,136 | 美元3,091 | |
| Expenses: | 美元0 | 美元3 | 美元4,137 | ||||||||
| Commission: | 美元3,668 | 美元3,509 | 美元1,744 | 美元156 | 美元8,728 | 美元3,453 | 美元1,220 | 美元8,243 | 美元2,402 | 美元49 | |
| Net Income: | 美元150,252 | 美元13,515 | 美元415,711 | 美元29,478 | 美元56,398 | ($ 15,592) | 美元80,888 | 美元29,931 | 美元37,609 | 美元87,626 | 美元30,130 |
| Net Assets: | 美元503,653 | 美元860,444 | 美元386,838 | 美元599,448 | 美元381,275 | 美元144,018 | 美元636,144 | 美元615,983 | 美元37,275 | 美元68,021 | 美元24,584 |
Participants
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Participants: | 10 | 3 | 0 | 59 | 17 | 96 | 70 | 58 | 06 | 33 | 31 |
| Active Part.: | 8 | 2 | 4 | 1 | 50 | 9 | 07 | 29 | 61 | c23 | 6c4 |
| Retired Part.: | f | 195 | f | 51e | 1 | 4be | 1 b3 | 50 | 7 | ||
| Deceased Part.: | eb | 9c | 86d | b2 | a0 | c1 | d | d | be | ea4 |
Insurance
No Insurance CoverageProviders
No ProvidersFeatures
2E- Profit-sharing
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.
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.