SERVICE INDUSTRIAL INC
7650 PADRE ISLAND HWY, STE A
BROWNSVILLE, TX 78521
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 isHigherthan 100% 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 40th percentile.
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.
- 67%的同学改变了航空公司自去年以来. Those who did saw a 49% decrease in premium, vs those who stayed with their current provider who saw a 9% decrease, roughly 5x those who stayed with their current provider. This might indicate carriers are competing aggresively for similar businesses to cover.
- Of the 67% of peers who changed carriers, This might indicate carriers are competing aggresively for similar businesses to cover.
- Current Carrier's market share is in the 95th percentile at 33.3% of the market.
Business Stats
Policy History
| Term | Carrier | Premium | LCM | |
|---|---|---|---|---|
| 2022 |
1.693 | |||
| 2021 |
1.693 | |||
| 2020 |
1.693 | |||
| 2019 |
- | |||
| 2018 07-17-2017 |
- | |||
| 2017 |
- | |||
| 2015 |
- |
Contacts
Industry Classification
Uniform Rental Company and Route Supervisors & Drivers
Linen Supply
Linen Supply
Laundry Rental Service
Retirement Benefits
Financials
| 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| BOY Assets: | $ 4,183,322 | $ 5,391,082 | $ 8,319,065 | $ 9,163,790 | $ 8,773,272 | $ 8,995,641 | 969770美元 | $ 8,752,457 | $ 6,261,225 | $ 3,055,008 |
| Liabilities: | $ 0 | $ 47 | $ 1 | $ 3 | $ 0 | $ 2 | $ 3 | $ 0 | ||
| EE Contrib: | $ 350,541 | $ 66,696 | $ 551,591 | $ 399,095 | $ 35,220 | $ 649,086 | $ 709,255 | $ 603,643 | $ 270,802 | $ 849,420 |
| Emp Contrib: | $ 197,193 | $ 601,614 | $ 885,089 | $ 144,795 | $ 555,953 | $ 996,669 | $ 436,082 | $ 89,356 | $ 72,608 | $ 72,931 |
| Income/Loss: | $ 765,393 | ($ 527,074) | $ 201,551 | $ 62,456 | ($ 971,872) | $ 6,833 | $ 154,956 | $ 109,833 | ($ 5,536) | $ 334,617 |
| Total Income: | $ 1,466,027 | $ 507,024 | $ 4,216,655 | $ 564,251 | $ 671,869 | $ 864,082 | $ 571,367 | $ 118,311 | $ 422,703 | 627189美元 |
| Paid Benefits: | $ 227,030 | $ 630,631 | $ 962,721 | $ 493,372 | $ 231,282 | $ 546,046 | $ 69,132 | $ 911,444 | $ 821,325 | $ 752,258 |
| Expenses: | $ 0 | $ 8 | $ 3 | $ 7 | $ 80,000,000 | |||||
| Commission: | $ 3,492 | $ 827 | $ 2,407 | $ 8,383 | $ 2,673 | $ 9,909 | $ 5,353 | $ 4,597 | $ 6,096 | $ 8,670 |
| Net Income: | $ 1,235,505 | $ 181,317 | $ 817,754 | $ 167,612 | $ 9,106 | $ 215,166 | $ 648,000 | $ 199,941 | ($ 53,562) | $ 529,888 |
| Net Assets: | $ 5,418,827 | $ 5,833,386 | $ 2,909,458 | $ 8,136,443 | $ 4,001,251 | $ 5,802,849 | $ 5,078,601 | $ 6,005,436 | $ 5,165,683 | $ 9,408,608 |
Participants
| 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Participants: | 158 | 100 | 055 | 907 | 962 | 186 | 410 | 631 | 949 | 390 |
| Active Part.: | 141 | 214 | 458 | 515 | 964 | 018 | 604 | 371 | 459 | 540 |
| Retired Part.: | cf | 4d | d | 0c3 | a8 | fdc | cf6 | 03 | c | |
| Deceased Part.: | 429 | 468 | 2 | 0a | e60 | 4 | 3 | 7 | 7 |
Insurance
No Insurance CoverageProviders
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| OFTWMEUI HZGWNUAWQEV NNFURIOCVJXQE | Sub-transfer agency fees Recordkeeping fees Account maintenance fees |
Compensation:$1,825 Relation:RECORDKEEPER |
| WAGDVLNC KVUMIWNAUAO PFODZFEYMNKKQ Source: ABF INTL EQUITY INV - DST ASSET MA |
Sub-transfer agency fees |
Compensation:0.40% |
| OUKJOGQR WDIXCECWEWY UYCFXSXXROHIR Source: AF TRGT DATE 2010 R4 - AMERICAN FU |
Sub-transfer agency fees |
Compensation:0.35% |
| HCQFFEUU IKREECEOFGJ FKGECCKNGWMJK Source: AF TRGT DATE 2015 R4 - AMERICAN FU |
Sub-transfer agency fees |
Compensation:0.35% |
| QWXJMAYV AXEICVNPZFE ACGCVSTNWEOZO Source: AF TRGT DATE 2020 R4 - AMERICAN FU |
Sub-transfer agency fees |
Compensation:0.35% |
| PILKDBFT QZAKUMPRMYM RXPCUHMBIVPKC Source: AF TRGT DATE 2025 R4 - AMERICAN FU |
Sub-transfer agency fees |
Compensation:0.35% |
| DDSYPLAD NPVTAZJFASJ BFHAYCGDIDSBQ Source: AF TRGT DATE 2030 R4 - AMERICAN FU |
Sub-transfer agency fees |
Compensation:0.35% |
| GYPZRTDQ ZPDPCLURKDG YGFSUQOSAOWHW Source: AF TRGT DATE 2035 R4 - AMERICAN FU |
Sub-transfer agency fees |
Compensation:0.35% |
| DWHQWODI BXQIOSDPCQW AFWCYRCQJWSWH Source: AF TRGT DATE 2040 R4 - AMERICAN FU |
Sub-transfer agency fees |
Compensation:0.35% |
| MXAGZTRN KVZXJWXBHEY BOQQMZTOSKQRK Source: AF TRGT DATE 2045 R4 - AMERICAN FU |
Sub-transfer agency fees |
Compensation:0.35% |
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Sub-transfer agency fees |
Compensation:0.35% |
| VPBOBOID AVHCAVXWFQA WURKJSIAJUPSH Source: AF TRGT DATE 2055 R4 - AMERICAN FU |
Sub-transfer agency fees |
Compensation:0.35% |
| XUTHRBBJ LDFKWXSCBAB XCQHXPLJNWVXP Source: AF TRGT DATE 2060 R4 - AMERICAN FU |
Sub-transfer agency fees |
Compensation:0.35% |
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Sub-transfer agency fees |
Compensation:0.35% |
| JMNQZZZK IEETKPENVRG VPLQIRJHYLOHD Source: BNYM SMCP ST IDX INV - BNY MELLON |
Sub-transfer agency fees |
Compensation:0.35% |
| BBTYDRKQ XSXELNUXKOA YSOOZVOLUMVFC Source: CAUSEWAY EM MKTS INV - DST SYSTEMS |
Sub-transfer agency fees |
Compensation:0.40% |
| OULXKVNV KLKCUPILXSN ORNLCXODIOOJO Source: J H VENTURE T - JANUS SERVICES LLC |
Sub-transfer agency fees |
Compensation:0.35% |
| XLGSTBRF GTHTCSPXTFE ECKYFPQOCNOQE Source: JPM SMART RET INC A - DST ASSET MA |
Sub-transfer agency fees |
Compensation:0.50% |
| OENWUGMY RKTZUNYQUCI ASSIITABOVJES Source: JPM SMART RET 2020 A - DST ASSET M |
Sub-transfer agency fees |
Compensation:0.50% |
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Sub-transfer agency fees |
Compensation:0.50% |
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Sub-transfer agency fees |
Compensation:0.50% |
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Sub-transfer agency fees |
Compensation:0.50% |
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Sub-transfer agency fees |
Compensation:0.50% |
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Sub-transfer agency fees |
Compensation:0.50% |
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Sub-transfer agency fees |
Compensation:0.50% |
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Sub-transfer agency fees |
Compensation:0.50% |
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Sub-transfer agency fees |
Compensation:0.40% |
Features
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.
Health Benefits
Financials
| 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|
| BOY Assets: | $ 0 | $ 6 | $ 6 | |
| Liabilities: | $ 0 | $ 333 | $ 3 | |
| EE Contrib: | $ 0 | $ 5 | $ 6 | $ 3 |
| Emp Contrib: | $ 0 | $ 16 | ||
| Income/Loss: | $ 0 | $ 300,000 | $ 3 | |
| Total Income: | $ 0 | $ 2 | ||
| Paid Benefits: | $ 0 | $ 3 | $ 752 | $ 380 |
| Expenses: | $ 0 | $ 3 | $ 2 | |
| Commission: | $ 0 | $ 6 | $ 5 | $ 1 |
| Net Income: | $ 0 | $ 7 | $ 8 | |
| Net Assets: | $ 0 | $ 1 |
Participants
| 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|
| Total Participants: | 125 | 863 | 346 | 363 |
| Active Part.: | 124 | 179 | 473 | 799 |
| Retired Part.: | 1 | 8c | 1a | 9 |
| Deceased Part.: | a | 90 | 9 |
Insurance
| YJP YIYBRJFA JKLV ZSARKUSXU WSHLEEJ OZ TPBSYQD Renewal:10-31-2020 Covered:132
|
Retention:$ 0 Claims:$ 0 Loss Ratio: |
Exp Rated Premium$ 0 Non-Exp Rated Premium:$ 116,302 Commission10.81%$ 12,568 Fees5.46%$ 6,351 |
| Brokers | ||
|---|---|---|
| XADJUACU, FGI 3046 B. QCGQIWO ENQGVYEURM CCEJRWAA, YF 60265 |
Commission$12,568 Fees$6,351 Fee for:FEES |
|
| RAA IRHK WGQXWZLNL LZRCTQN Renewal:12-31-2020 Covered:100
|
Retention:$ 0 Claims:$ 0 Loss Ratio: |
Exp Rated Premium$ 0 Non-Exp Rated Premium:$ 411,177 Commission0%$ 0 Fees0%$ 0 |
Providers
| JUQQZNBY | Contract Administrator |
Compensation:$111,425 Relation:CONTRACT ADMINISTRATOR |
Features
4A- Health (other than vision or dental).
4B- Life insurance.
4D- Dental.
4E- Vision.
4H- Long-term disability.
4Q- Other.