PICASSO LIGHTING INDUSTRIES LLC
320 W COMMERCIAL AVE
MOONACHIE, NJ 07074
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 19th percentile compared to peers.
- Moddecreasedby 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.
- 20% of peers have changed carriers since last year.
- Current Carrier's market share is in the 95th percentile at 30% 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 | Premium | LCM |
|---|---|---|---|---|
| 2022 |
- | |||
| 2022 |
- | |||
| 2021 |
- | |||
| 2020 |
- | |||
| 2019 |
- | |||
| 2018 |
- | |||
| 2017 |
- | |||
| 2017 |
- | |||
| 2016 |
- | |||
| 2016 |
- | |||
| 2015 |
- | |||
| 2014 |
- |
Contacts
Industry Classification
电动或天然气照明于其中URE MFG OR ASSEMBLY NOC
Commercial Lighting Fixtures
Lamps or Lanterns Mfg.--Electric
56391
Lighting Fixtures Mfg.
Retirement Benefits
Financials
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| BOY Assets: | $ 123,128 | $ 71,891 | |
| Liabilities: | $ 0 | $ 520 | |
| EE Contrib: | $ 44,212 | $ 28,633 | $ 76,167 |
| Emp Contrib: | $ 0 | $ 31 | |
| Income/Loss: | $ 26,553 | $ 4,163 | ($ 1,266) |
| Total Income: | $ 70,765 | $ 37,382 | $ 30,274 |
| Paid Benefits: | $ 0 | $ 12 | $ 33 |
| Expenses: | $ 0 | ||
| Commission: | $ 1,033 | $ 425 | $ 52 |
| Net Income: | $ 69,732 | $ 7,634 | $ 15,585 |
| Net Assets: | $ 192,860 | $ 606,399 | $ 7,775 |
Participants
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Total Participants: | 4 | 8 | 8 |
| Active Part.: | 4 | 4 | 6 |
| Retired Part.: | a | 628 | |
| Deceased Part.: | d | 1c |
Insurance
No Insurance CoverageProviders
No ProvidersFeatures
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.
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.
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.
2E- Profit-sharing
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.
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.