- UCWCP NEWS
WELCOME ABOARD NEW MEMBERS!
Contractors:
Effective March 1, 2019:
Stack Bros Mechanical Contractors, Inc.
Wysan Precast Services LLC
Effective January 1, 2019:
Albert Lea Electric Co
Danner, Inc.
George F Cook Construction Co
Phasor Electric
Effective December 1, 2018:
S R Mechanical, Inc.
Sponsoring Insurance Providers:
Effective March 1, 2018:
United Fire Group (UFG) was approved as a sponsoring insurance provider.
- Offers a 5% premium credit for our members
Effective May 1, 2018:
Third Coast Underwriters was approved as a sponsoring insurance provider.
- Offers a 5% premium credit for our members
DIGITAL TOOLS & DOCUMENTS
NEW digital tools and documents are now available.
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UCWCP Video Introduction for use during a contractor Safety Day or New Employee Orientation is available on the Injury - Now What? page.
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New documents include Identifying a Designated Medical Care Provider and Establishing a Designated Provider Relationship.
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Click here to visit the program documents page.
SUBSCRIPTION FEES FOR 7/1/2018 TO 6/30/2019
The Board of Trustees approved NO CHANGE to the payroll assessment rate (0.12%) , the minimum annual fee ($960), or the maximum annual fee ($8,450).
The corresponding amounts of minimum and maximum assessed payroll are as follows:
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*Minimum assessed payroll: $800,000 x .0012 = $960/year;
- *Maximum assessed payroll: $7,041,670 x .0012 = $8,450/year.
MILESTONES
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2017 ended with 361 participating contractors employing 21,660 trades-people earning $1.23 Billion in annual field payrolls. This is a net increase of 15 contractors and $86 million of participating payroll from 2016 year-end.
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WMC hired a professional staff person dedicated to the program for Member Relations & Communications; and an additional administrative services staff person.
2017 AUDIT RESULTS
The UCWCP is a Taft-Hartley Trust, qualified pursuant to Internal Revenue Code 501 (c) (9). As such, an audit of the Trusts’ financial statements and net assets is completed annually by an independent auditor. For the 2017 calendar year, the trust has again obtained the highest quality rating based upon generally accepted accounting principles.
