ASA HYDRAULIK OF AMERICA, INC.

160 MEISTER AVE STE 20A
NORTH BRANCH, NJ 08876

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 21st percentile compared to peers.
  • Moddecreasedby more than 75% of peers.
Good

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.

  • 12% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 25.4% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier Premium LCM
2022

2.289
2022

-
2021

2.203
2021

-
2020

2.203
2020

-
2019

2.203
2019

-
2019

2.203
2019

-
2018

-
2018

-
2017

-
2017

-
2016

-
2016

-
2015

-
2015

-
2014

-
2014

-
2013

-

Contacts

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President
(842) 554-2120
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Benefits Admin
(734) 783-8257
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Benefits Admin
(470) 634-8308
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Lpl Kabdign
Vice President
(873) 651-4243
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Benefits Admin
(118) 076-2404
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Industry Classification

Retirement Benefits

Financials

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
BOY Assets: $ 1,037,461 $ 67,019 $ 1,795 $ 270,898 $ 232,929 $ 921,171 $ 131,612 $ 539,903 $ 678,135 $ 536,027 $ 459,116 $ 61,273
Liabilities: $ 0 $ 8 $ 0 $ 44 $ 7 $ 7 $ 3 $ 0 $ 2
EE Contrib: $ 78,871 $ 7,858 $ 56,104 $ 27,312 $ 31,822 $ 72,682 $ 29,896 $ 5,712 $ 78,378 $ 62,200 $ 11,118 $ 29,113
Emp Contrib: $ 30,527 $ 299 $ 0 $ 84,774 $ 6,946 $ 25,714 $ 19,425 $ 22,992 $ 77,070 $ 63,664 $ 9,914 $ 16,514
收益/损失: $ 150,982 $ 589,979 101472美元 ($ 518,917) $ 34,721 $ 88,022 ($ 9,647) $ 88,450 $ 48,510 $ 44,277 ($ 30,210) $ 98,157
Total Income: $ 260,380 $ 625,916 $ 337,994 ($ 666,084) $ 682,826 $ 2,301 $ 30,041 $ 34,473 $ 763,619 $ 60,344 $ 24,817 $ 57,614
Paid Benefits: $ 49,686 $ 28,440 $ 82 $ 2,881 $ 58 $ 17,089 $ 6 $ 4
Expenses: $ 0 $ 98 $ 0 $ 90 $ 60 $ 4 $ 8 $ 188
Commission: $ 6,500 $ 9,472 $ 9,108 $ 403 $ 10 $ 0 $ 729 $ 76 $ 8 $ 0
Net Income: $ 204,194 $ 418,478 $ 937,217 ($ 546,922) $ 516,102 $ 50,971 $ 53,324 $ 2,374 $ 123,036 $ 18,266 $ 9,600 $ 59,384
Net Assets: $ 1,241,655 $ 6,377,037 $ 688,834 $ 161 $ 575,550 $ 681,872 $ 949,937 $ 273,224 $ 324,971 $ 850,055 $ 131,122 $ 672,954

Participants

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Total Participants: 15 14 90 21 0 6 4 93 6 0 9 5
Active Part.: 12 7 77 98 8 0 6 0 d0d 92c a 4f
Retired Part.: 7a1 7f 7fc 7 f c6f 6 ba0 fb6 c 4
Deceased Part.: 302 06b 6 bb bdf eb 5 d cd3 e6d 26

Insurance

No Insurance Coverage

Providers

No Providers

Features

    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.

    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.

    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.