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Sunday, February 23, 2025

H-1B Insights: Employers classified under Finance and Insurance industry file 14 petitions in LA Harbor News publication area throughout 2024

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Tammy Meckley, Associate Director, Immigration Records and Identity Services Directorate for USCIS | https://www.dhswatchlist.com/

Tammy Meckley, Associate Director, Immigration Records and Identity Services Directorate for USCIS | https://www.dhswatchlist.com/

Employers classified under the Finance and Insurance industry based within the LA Harbor News publication area, submitted 14 H-1B petitions during 2024, according to data provided by the U.S. Citizenship and Immigration Services via the H-1B Employer Data Hub. Of these, 13 were approved (92.9%), while one was denied (7.1%).

Employers are classified under industries based on their reported operations and may be involved in multiple industries.

The H-1B visa program allows U.S. employers to temporarily hire foreign workers in specialty occupations requiring specialized knowledge and at least a bachelor’s degree or equivalent. It is designed to address skill gaps in the U.S. workforce while ensuring wage standards to protect both U.S. and H-1B workers. Employers must certify that they will pay H-1B workers wages equal to or greater than those of similarly qualified U.S. employees or the prevailing local wage.

The average approval rate for H-1B petitions across the United States in 2024 stood at 98%, slightly higher than 2023's 97.3%. Locally, employers across all industries located within the LA Harbor News publication area submitted 511 petitions during the same period, achieving an approval rate of 97.7%.

The Professional, Scientific, and Technical Services industry led the H-1B filings in the LA Harbor News publication area during 2024, with 218 petitions (42.7% of all submissions), and an approval rate of 97.7%. Meanwhile, the Manufacturing industry was the second largest contributor, filing 96 petitions (18.8% of the total), with an approval rate of 100%.

Among local employers with petitions categorized under the Finance and Insurance sector during 2024, Scan Group stood out with four petitions and an approval rate of 75%, followed by Sun West Mortgage Company, Inc. with three petitions and an approval rate of 100%.

Compared to 2023, the Finance and Insurance sector in the LA Harbor News publication area saw a 55.6% increase in the number of H-1B petitions during 2024.

The United States admits around 1 million legal immigrants annually, most of whom receive permanent residence (green cards) through family sponsorship or employment-based visas. In 2023, about 1.2 million immigrants were granted green cards, a return to pre-pandemic levels. Temporary visa programs, such as the H-1B for highly skilled workers and H-2A for seasonal agricultural workers, also play a critical role in filling workforce needs.

Public opinion on immigration varies, with 46% of Americans favoring maintaining current legal immigration levels, according to a 2024 Pew Research Center survey. Additionally, 42% believe that highly skilled workers, such as scientists, doctors, and programmers, should be prioritized for legal immigration, compared to 25% who prioritize workers filling labor shortages and 19% who emphasize family sponsorship. Despite this, family sponsorship remains the most common path to permanent residency, accounting for 63% of green cards issued in 2023.

The data in this article comes from the H-1B Employer Data Hub provided by the U.S. Citizenship and Immigration Services (USCIS). While USCIS strives for accuracy, manual data entry and errors on paper forms submitted by applicants or petitioners may result in discrepancies in employer names, tax IDs, locations, or other details.

H-1B Petitions by Industry in the LA Harbor News Publication Area, 2024
RankIndustryTotal Petitions% of All Submissions% Approved% Denied
1Professional, Scientific, and Technical Services21842.7%97.7%2.3%
2Manufacturing9618.8%100%0%
3Health Care and Social Assistance5310.4%96.2%3.8%
4Wholesale Trade316.1%100%0%
5Transportation and Warehousing244.7%95.8%4.2%
6Retail Trade152.9%93.3%6.7%
6Educational Services152.9%100%0%
8Finance and Insurance142.7%92.9%7.1%
9Information102%100%0%
10Construction91.8%88.9%11.1%
11Administrative and Support and Waste Management and Remediation Services81.6%100%0%
12Other Services (except Public Administration)40.8%100%0%
13Arts, Entertainment, and Recreation20.4%100%0%
14Agriculture, Forestry, Fishing and Hunting10.2%100%0%
14Mining, Quarrying, and Oil and Gas Extraction10.2%100%0%
14Real Estate and Rental and Leasing10.2%100%0%
14Accommodation and Food Services10.2%0%100%
Employer H-1B Petitions in the LA Harbor News Publication Area During 2024
Company NameIndustriesTotal Petitions% Approved% Denied
V-Soft Solutions, Inc.Professional, Scientific, and Technical Services3797.3%2.7%
Molina Healthcare, Inc.Health Care and Social Assistance37100%0%
ERP Integrated Solutions, LLCProfessional, Scientific, and Technical Services15100%0%
Faraday and Future, Inc.Manufacturing13100%0%
Herbalife International of AmericaManufacturing11100%0%
FNS, Inc.Transportation and Warehousing988.9%11.1%
Chugh, LLPProfessional, Scientific, and Technical Services9100%0%
Mindtech SolutionsProfessional, Scientific, and Technical Services8100%0%
California State University Long BEducational Services7100%0%
Moffatt and NicholProfessional, Scientific, and Technical Services7100%0%
Cubedigico, Inc.Professional, Scientific, and Technical Services785.7%14.3%
Hotta Liesenberg Saito, LLPProfessional, Scientific, and Technical Services7100%0%
Epson America, Inc.Manufacturing7100%0%
P2S, Inc.Professional, Scientific, and Technical Services6100%0%
Chugh Cpas, LLPProfessional, Scientific, and Technical Services6100%0%
Yamaha Motor Corporation USAManufacturing6100%0%
CZV, Inc.Professional, Scientific, and Technical Services6100%0%
Mangan, Inc.Professional, Scientific, and Technical Services6100%0%
Simplehuman, LLCWholesale Trade5100%0%
Harbinger Motors, Inc.Professional, Scientific, and Technical Services5100%0%
Occupational Safety Councils of AmericaProfessional, Scientific, and Technical Services, Educational Services, Health Care and Social Assistance5100%0%
Faraday & Future, Inc.Manufacturing5100%0%
Graymatter Robotics, Inc.Professional, Scientific, and Technical Services580%20%
Lundquist Institute for BiomedicalProfessional, Scientific, and Technical Services5100%0%
Calsoft SystemsProfessional, Scientific, and Technical Services4100%0%
Tofba International, Inc.Professional, Scientific, and Technical Services4100%0%
Kaarya, LLCProfessional, Scientific, and Technical Services, Information4100%0%
Scan GroupFinance and Insurance475%25%
Stearns Conrad and Schmidt ConsultProfessional, Scientific, and Technical Services4100%0%
Weld on Adhesives, Inc.Manufacturing4100%0%
Welbe Health, LLCHealth Care and Social Assistance4100%0%
ARC Boat CompanyManufacturing4100%0%
Tricom QuestAdministrative and Support and Waste Management and Remediation Services4100%0%
DJI Service, LLCProfessional, Scientific, and Technical Services4100%0%
Green Wave Ingredients, Inc.Retail Trade4100%0%
Good Food Holdings, LLCRetail Trade3100%0%
Careonsite, Inc.Health Care and Social Assistance366.7%33.3%
Sun West Mortgage Company, Inc.Finance and Insurance3100%0%
California State University Long BeachEducational Services3100%0%
Mag Aerospace Industries, LLCManufacturing3100%0%
Outsourced Licensee NetworkRetail Trade366.7%33.3%
Auditboard, Inc.Information3100%0%
Arktura, LLCProfessional, Scientific, and Technical Services3100%0%
P2S LPProfessional, Scientific, and Technical Services3100%0%
Odys Aviation F K a Craft Aero, Inc.Manufacturing3100%0%
Apex Logistics International, Inc.Professional, Scientific, and Technical Services3100%0%
Padcom Design and Construction ManagerProfessional, Scientific, and Technical Services3100%0%
American Honda Motor Company, Inc.Manufacturing3100%0%
Station Digital Media, Inc.Professional, Scientific, and Technical Services2100%0%
Exemplis, LLCManufacturing2100%0%
Gemmacon North America, Inc.Other Services (except Public Administration)2100%0%
Symposia Studio, LLCProfessional, Scientific, and Technical Services2100%0%
FCC Logistics, Inc.Professional, Scientific, and Technical Services2100%0%
Goldbrecht, LLCManufacturing2100%0%
Health-AdeManufacturing2100%0%
Seqgen, Inc.Wholesale Trade2100%0%
International Technologies and SysWholesale Trade, Finance and Insurance2100%0%
Ruggable, LLCManufacturing2100%0%
Kings Hawaiian Bakery Southeast inManufacturing2100%0%
Korean Red Ginseng Inc., Corp.Wholesale Trade2100%0%
Rdc-S111, Inc.Professional, Scientific, and Technical Services2100%0%
Professional Outsourcing SolutionsProfessional, Scientific, and Technical Services2100%0%
Lieutenant Foods AmericasWholesale Trade2100%0%
Moffatt & NicholProfessional, Scientific, and Technical Services2100%0%
Motivo Engineering, LLCProfessional, Scientific, and Technical Services2100%0%
DMC Power, LLCManufacturing2100%0%
DMF, Inc.Manufacturing2100%0%
Dolphin Logistics, Inc.Retail Trade, Professional, Scientific, and Technical Services2100%0%
B a Sims Engineering, Inc.Professional, Scientific, and Technical Services2100%0%
Turbo Air, Inc.Wholesale Trade2100%0%
E K TechnologiesProfessional, Scientific, and Technical Services2100%0%
Traffic Management, Inc.Administrative and Support and Waste Management and Remediation Services2100%0%
Applied Business Software, Inc.Professional, Scientific, and Technical Services2100%0%
Chorus Innovations, Inc.Professional, Scientific, and Technical Services2100%0%
Cavity Sliders USA, Inc.Manufacturing2100%0%
Tsukuru Texas CorporationConstruction250%50%
Compulink Management Center DB, Inc.Professional, Scientific, and Technical Services2100%0%
Carbon Activated CorporationWholesale Trade2100%0%
Talent and Acquisition, LLCProfessional, Scientific, and Technical Services2100%0%
Cover Technologies, Inc.Manufacturing2100%0%
Aibot US Operation, Inc.Manufacturing2100%0%
Upwing Energy, Inc.Professional, Scientific, and Technical Services1100%0%
Polar Power, Inc.Manufacturing1100%0%
Pixio USA, Inc.Wholesale Trade1100%0%
Porsche Engineering Services NorthProfessional, Scientific, and Technical Services1100%0%
University of EvansvilleEducational Services1100%0%
Uniuni Logistics, Inc.Transportation and Warehousing1100%0%
Quality Production Services, Inc.Construction1100%0%
RDC S111, Inc.Professional, Scientific, and Technical Services1100%0%
United Pacific Industries, Inc.Wholesale Trade1100%0%
T-Z Enterprises, Inc.Transportation and Warehousing1100%0%
UST Global, Inc.Professional, Scientific, and Technical Services1100%0%
Valizant, Inc.Professional, Scientific, and Technical Services1100%0%
Phenomenex, Inc.Manufacturing1100%0%
Pharmaresearch USA, Inc.Wholesale Trade1100%0%
VDS USA, Inc.Transportation and Warehousing1100%0%
Virginia Country ClubArts, Entertainment, and Recreation1100%0%
VisionaireProfessional, Scientific, and Technical Services1100%0%
Paramount Extrusions Company a, Corp.Manufacturing1100%0%
Pangea CDS, Inc.Manufacturing1100%0%
Wash Multifamily Laundry Systems, LLCManufacturing1100%0%
Webtrans Logistics, Inc.Transportation and Warehousing1100%0%
Wine Wine Situation, LLCWholesale Trade1100%0%
Pacific Ironclad, LLCConstruction1100%0%
Yallatizers1100%0%
Zwift, Inc.Information1100%0%
Ta Chen International, Inc.Wholesale Trade1100%0%
Talent & Acquisition, LLCProfessional, Scientific, and Technical Services1100%0%
Sure Forming Systems, Inc.Construction1100%0%
Supertec Machinery, Inc.Wholesale Trade1100%0%
The Designory, Inc.Professional, Scientific, and Technical Services1100%0%
The Lighting Design Alliance, Inc.Professional, Scientific, and Technical Services1100%0%
Thermal Engineering International USA, Inc.Manufacturing1100%0%
Sun Mark Stainless, Inc.Manufacturing1100%0%
Storm Management, Inc.Manufacturing1100%0%
Torrance Memorial Medical CenterHealth Care and Social Assistance10%100%
Spartan Radar, Inc.Information1100%0%
Translational Pulmonary and ImmunoHealth Care and Social Assistance1100%0%
Tristar Risk Management, Inc.Finance and Insurance1100%0%
Tsong Law Group, APCProfessional, Scientific, and Technical Services1100%0%
Southern California Institute for Research and Education1100%0%
Singer Vehicle Design, LLCOther Services (except Public Administration)1100%0%
Tsukuru U S a CorporationConstruction1100%0%
Shoreline Surgery Center, LLCHealth Care and Social Assistance1100%0%
Sequence ARTS & Technologies, Inc.Professional, Scientific, and Technical Services1100%0%
Scan Health PlanFinance and Insurance1100%0%
Salida Del Sol Cbas, LLCHealth Care and Social Assistance1100%0%
Salida Del Sol Adult Day Health Care, LLCHealth Care and Social Assistance1100%0%
Twining Consulting, Inc.Professional, Scientific, and Technical Services1100%0%
Rocket Lab USA, Inc.Manufacturing1100%0%
Unipharma, Inc.Retail Trade1100%0%
Robert Brown & Associates Communications, Inc.Professional, Scientific, and Technical Services1100%0%
Rejoule IncorporatedProfessional, Scientific, and Technical Services1100%0%
Castillo Engineering, Inc.Professional, Scientific, and Technical Services1100%0%
Celebrity Casinos, Inc.Arts, Entertainment, and Recreation1100%0%
Cosmodyne, LLCManufacturing1100%0%
Dentis USA CorporationWholesale Trade1100%0%
Diamond Mattress Company, Inc.Manufacturing1100%0%
Diasorin Molecular, LLCProfessional, Scientific, and Technical Services10%100%
Divergent Technologies, Inc.Professional, Scientific, and Technical Services1100%0%
DR Mona Shah a Professional, Corp.Health Care and Social Assistance1100%0%
East Japan Railway Company1100%0%
Eastray, Inc.Transportation and Warehousing1100%0%
Efficient Logistics, Inc.Transportation and Warehousing1100%0%
Emergence Software Technologies, Inc.Professional, Scientific, and Technical Services1100%0%
Eminent, Inc.Retail Trade1100%0%
Energy Datametrics, LLCInformation1100%0%
Energy Service Partners, Inc.Construction1100%0%
Epost Global, LLCTransportation and Warehousing1100%0%
Estructura USA Engineering, Inc.Professional, Scientific, and Technical Services1100%0%
Executive Development, LLCReal Estate and Rental and Leasing1100%0%
Expert Computer International, Inc.Wholesale Trade1100%0%
4aisoft, LLCInformation1100%0%
Abacus Ip, LLCInformation1100%0%
Aioi Nissay Dowa Insurance ServiceFinance and Insurance1100%0%
AL Dahra ACX, Inc.Agriculture, Forestry, Fishing and Hunting1100%0%
Allied Rehab Services, Inc.Health Care and Social Assistance1100%0%
Altair Paramount a World Energy LLC Subsidiary, LLCManufacturing1100%0%
America Evangelical UniversityEducational Services1100%0%
American Integrated Services, Inc.Administrative and Support and Waste Management and Remediation Services1100%0%
Apex Logistics International Lax, Inc.Transportation and Warehousing1100%0%
Aspen Data Advisors, Inc.Finance and Insurance1100%0%
Bar Bakers, LLCManufacturing1100%0%
Belcastro Commercial BuildersConstruction1100%0%
Benevolence Industries IncorporatedHealth Care and Social Assistance1100%0%
Best Global Nutrition, Inc.Wholesale Trade1100%0%
Better Earth, Inc.Construction1100%0%
Biogas EngineeringProfessional, Scientific, and Technical Services1100%0%
BNX Shipping Headquarters, Inc.Transportation and Warehousing1100%0%
Built to Submit Enterprises, Inc.Wholesale Trade1100%0%
California Resources CorporationMining, Quarrying, and Oil and Gas Extraction1100%0%
Keenan and AssociatesFinance and Insurance1100%0%
Leothundra Technologies, LLCProfessional, Scientific, and Technical Services10%100%
Liberty in North KoreaOther Services (except Public Administration)1100%0%
Lighthaus, Inc.Information1100%0%
Lions Investment and Trading, Inc.Wholesale Trade1100%0%
Littleflower, Inc.Accommodation and Food Services10%100%
Long Beach Unified School DistrictEducational Services1100%0%
Lunala, LLCProfessional, Scientific, and Technical Services1100%0%
M4 Engineering, Inc.Professional, Scientific, and Technical Services1100%0%
Madaluxe Group, LLCWholesale Trade1100%0%
Marukai CorporationRetail Trade1100%0%
Match the Hatch Biotechnology, Inc.Professional, Scientific, and Technical Services1100%0%
Multiquip, Inc.Manufacturing1100%0%
Myers Houghton and Partners, Inc.Professional, Scientific, and Technical Services1100%0%
Norco Industries, Inc.Manufacturing1100%0%
OK International, Inc.Manufacturing1100%0%
Onixport, Inc.Transportation and Warehousing1100%0%
Ora Industries, LLCWholesale Trade1100%0%
OTX Logistics, Inc.Transportation and Warehousing1100%0%
Farmers and Merchants Bank of LongFinance and Insurance1100%0%
Fast-Chain, Inc.Transportation and Warehousing1100%0%
FBR Marble, Inc.Manufacturing1100%0%
Francison Consulting, Inc.Professional, Scientific, and Technical Services1100%0%
Frogman Media GroupProfessional, Scientific, and Technical Services1100%0%
Geniezip USA, LLCTransportation and Warehousing1100%0%
Giumarra International Berry, LLCWholesale Trade1100%0%
Global Logistical Connections, Inc.Transportation and Warehousing1100%0%
Herbalife International of America, Inc.Manufacturing1100%0%
Honda Kaihatsu Americas, Inc.Professional, Scientific, and Technical Services1100%0%
HZ Cpas and Advisors, P CProfessional, Scientific, and Technical Services1100%0%
IN Motion Design, Inc.Wholesale Trade1100%0%
Instaco, LLCRetail Trade1100%0%
International Sourcing and ManufacAdministrative and Support and Waste Management and Remediation Services1100%0%
International Technologies & Systems, Corp.Wholesale Trade1100%0%
Intertrend Communications, Inc.Professional, Scientific, and Technical Services1100%0%
Iqra Network, Inc.1100%0%
Kair Harbor Express, LLCProfessional, Scientific, and Technical Services1100%0%
KCC Transport Systems, Inc.Transportation and Warehousing1100%0%

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