Plan Ledger DOL Form 5500 · updated monthly

Rise Baking Company, LLCbenefits

Rise Baking Company Employee Benefits Plan · MINNEAPOLIS, MN · plan year 2024

Broker compensation reported · 2024
$342,575

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.

Insurance contracts · 20244
STANDARD INSURANCE COMPANY · vision life std ltd$1.8M · 3,278 covered
BANKERS FIDELITY LIFE INSURANCE COMPANY · lifepremiums n/a · 258 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 184 covered
BLUE CROSS OF CALIFORNIA · health drug hmopremiums n/a · 117 covered
Brokers & agents paid · 20244
ADP, INC.$109,897 · incl $109,897 fees
FORESTER BENEFITS MANAGEMENT, LLC$93,739 · incl $35,358 fees
TOTALIS CONSUMER BNF SOLUTIONS, LLC$20,774
LOCKTON COMPANIES, LLC$118,165 · incl $76,289 fees
Also brokered by ADP, Inc.5
Fabsouth LLC FL$33,774
Multiquip Inc CA$24,394

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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.