Rise Baking Company, LLCbenefits
Rise Baking Company Employee Benefits Plan · MINNEAPOLIS, MN · plan year 2024
Rise Baking Company, LLC's benefits plans covered 3,273 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,768,319. Insurance brokers and agents were paid $342,575 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.4% of premiums. That is $105 per covered person, below the median for employer plans that report broker pay. Broker pay rose 111% from $162,231 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 850659145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.