We researched the  Top 400 Contractors in the Country for 2012 to ascertain if there was a common thread that lead to their success. They are ranked by amount of new contracts received in 2011. There are 23 contractors from New York on the list & 11 from New Jersey. We have listed them below along with their most recent experience mod data we could find.

You can see there is an obvious correlation between a low experience mod and industry success. We looked at their workers compensation experience modification factor as it’s a great benchmark that reveals job site injuries. The higher the workers compensation experience modification factor, the higher their job site injury rates are.

It even surprised us just how pertinent the data is. Remember an average experience mod is a 1.00! Out of all 34 contractors below, we found 3 with an above average mod. That’s 8%. Take out the 2 companies we couldn’t find data for and we’ll call it 10%. While an experience mod is not the only reason these companies are succeeding, it is a leading indicator as to both their safety and their cost efficiency. Contractors with high injury rates tend to waste resources and have much higher unit costs than their best practice peers.

Not sure what your mod is, or what it means? Watch our video on the subject, and then call us to find out what your workers compensation experience modification factor is. Our goal is to help our clients achieve a cost efficiency, lowering your unit cost structure and allowing you to bid more competitively. With Met Risk you’ll be on this list in no time!

Company

State

Top 400 Rank

Exp Mod.

Turner Construction

NY

4

.73(2011)

Skanska USA

NY

7

.53

Foster Wheeler AG

NJ

8

.708

Structure Tone

NY

20

.743

Lend Lease

NY

27

.82(2004)

Colas USA

NJ

37

.914

M+W Group

NY

56

x

Lechase Construction Services

NY

68

.88

RailWorks Corp

NY

91

.84(2007)

Hunter Roberts Construction

NY

97

.90(2007)

Jingoli & Son

NJ

113

.525

Judlau Contracting

NY

132

.76

LP Ciminelli

NY

146

.90

Torcon Inc

NJ

151

.698

Plaza Construction Corp

NY

154

.90(2004)

China Construction America

NJ

159

.953

Conti Group

NJ

162

.828

DBL Construction

NY

167

.96

Gotham Construction

NY

168

.96

J Fletcher Creamer & Son

NJ

174

.943

E.W. Howell

NY

199

x

Weeks Marine

NJ

203

1.309

Sevenson Environmental

NY

208

.525

Barr & Barr

NY

217

.722

The Pike Co.

NY

218

.85

Ferreira Construction Co

NJ

252

.85

The Bette Cos.

NY

302

1.11

IBEX Construction

NY

306

.913

Monadnock Construction

NY

320

.77

Posillico Inc

NY

322

1.00

The LiRo Group

NY

361

1.13

Aurora Contractors Inc

NY

375

.97

March Associates Construction

NJ

382

.807

Terminal Construction Corp

NJ

384

.687