MISCELLANEOUS STEEL INDUSTRIES INC
400 BUNTON CREEK RD
KYLE, TX 78640
For the Agent
- a break in policy terms may indicate inconsistent work load which can result in substandard employment.
Premium
Many factors go into calculating the premium a company pays for business insurance. Comparing premium with similar businesses of comparable size can indicate how risky a business is compared to others, as well as show how competitive pricing is.
- Premium isVery Good在8日percentile compared to peers.
- In the last year, premiumDecreasedmore 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 is in-line with peers, in the 30th percentile.
Competition
Lets look at how competatively other carriers are looking to provide coverage to businesses similar to MISCELLANEOUS STEEL INDUSTRIES INC.
- 13% of peers have changed carriers since last year.
- The top carriers competing for these peers are hartford fire & cas grp, texas mutual ins co, liberty mut grp, travelers grp, american intl grp
Business Stats
Policy History
| Term | Carrier | Premium | LCM | |
|---|---|---|---|---|
| 2022 |
1.490 (Current: 1.407) |
|||
| 2022 |
1.490 | |||
| 2021 |
1.650 | |||
| 2021 |
1.490 | |||
| 2021 |
1.490 | |||
| 2021 |
1.707 | |||
| 2021 |
1.490 | |||
| 2021 |
1.490 | |||
| 2020 |
1.650 | |||
| 2020 |
1.707 | |||
| 2020 |
1.707 | |||
| 2020 |
1.645 | |||
| 2019 |
1.650 | |||
| 2019 |
1.520 | |||
| 2019 |
1.645 | |||
| 2019 |
1.645 | |||
| 2018 |
1.875 | |||
| 2018 |
1.583 | |||
| 2017 |
1.875 | |||
| 2016 |
1.500 | |||
| 2015 |
1.875 |
Contacts
Industry Classification
Executive Officers NOC--Performing Clerical or Outside Salespersons Duties Only
Office Administrative Services
管理服务
Construction or Project Manager
47367
Sales or Service Organizations
Financials
| 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|
| BOY Assets: | $ 5,010,606 | $ 774,917 | $ 9,377,262 | $ 3,539,877 | $ 5,852,728 |
| Liabilities: | $ 0 | $ 90 | $ 6 | ||
| EE Contrib: | $ 81,499 | $ 77,495 | $ 31,123 | $ 66,313 | $ 65,151 |
| Emp Contrib: | $ 201,467 | $ 7,474 | $ 241,669 | $ 560,351 | $ 168,974 |
| Income/Loss: | ($ 320,741) | $ 411,301 | $ 56,806 | $ 103,148 | ($ 97,487) |
| Total Income: | ($ 37,775) | $ 107,455 | $ 372,228 | $ 530,249 | $ 29,607 |
| Paid Benefits: | $ 1 | $ 741,140 | $ 87,880 | $ 252,272 | 828344美元 |
| Expenses: | $ 0 | $ 3 | $ 3 | ||
| Commission: | $ 78 | $ 528 | $ 854 | $ 116 | $ 997 |
| Net Income: | ($ 37,854) | $ 19,044 | $ 612,244 | $ 669,091 | ($ 42,286) |
| Net Assets: | $ 4,972,752 | $ 3,477,737 | $ 7,231,907 | $ 9,713,153 | $ 4,019,147 |
Participants
| 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|
| Total Participants: | 39 | 84 | 15 | 49 | 99 |
| Active Part.: | 33 | 69 | 82 | 53 | 35 |
| Retired Part.: | 04 | 021 | 4 | 2b9 | |
| Deceased Part.: | 0 | e00 | c9e | 5f |
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
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.
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.