RISE BAKING COMPANY, LLC

Formerly RISE BAKING COMPANY LLC

EIN 85-0659145 · MN · Retail

Compensation disclosed6 brokers of record, 2021–2024As reported on Form 5500 (Schedules A and C), U.S. Department of Labor.

Employer-paid broker pay2024: $338,1872023: $158,0852021 · analysis: $571,277

Benchmarked against: Retail · 501–2,500 employees · same industry, in-state · n=18 employers (your plan plus 17 peers)

754

(2021)

Self-fundedSelf-funded (incl. mixed, stop-loss and level-funded).

Funding

$571,277

Broker pay, employer-paid lines (2021)

$63.14

2021 · The highest disclosed broker pay among 18 comparable plans (your plan plus 17 peers)

Lines disclosed: Life · Short-term disability · Long-term disability

Broker pay as a share of insured premium: 84.8% (peer median 7.7%, the highest disclosed broker pay among 18 comparable plans (your plan plus 17 peers)).

Without the 1 low-disclosure peer, this plan is the highest disclosed broker pay among 17 comparable plans (your plan plus 16 peers).

Showing 2021, the latest year with a complete peer group. A 2024 filing is on file and appears in broker history; it is not benchmarked yet.

Why 2021?

The figures above use 2021, the latest year we can compare with similar employers. A filing for 2023–2024 is on file. 2023 shows commissions paid through insurance contracts, and is missing the compensation the plan pays brokers directly that a recent prior year reported. A missing schedule usually means that year's filing is still arriving, so we wait for both before comparing the year with peers. 2024 shows commissions paid through insurance contracts, and is missing the compensation the plan pays brokers directly that a recent prior year reported. A missing schedule usually means that year's filing is still arriving, so we wait for both before comparing the year with peers. 2023 broker pay on file so far totals $162,231 across all lines, about 72% less than the $571,277 for 2021. 2024 broker pay on file so far totals $342,575 across all lines, about 40% less than the $571,277 for 2021. Rows for 2023–2024 stay in the broker history and stay out of the headline and the peer comparison.

Broker commission rate by benefit line

What the broker earns on each insured line, as a share of that line's own premium — not a share of total broker pay, and not what the coverage cost. Peers for these tiles: same region, similar covered lives. Full table below. How the national rates are built.

Stop-loss

4.4%

Peer median 5.0%

Within peer range

Life

4.4%

Peer median 10.3%

Below peer range

Short-term disability

4.3%

Peer median 12.0%

Below peer range

Long-term disability

4.3%

Peer median 8.1%

Within peer range

Dental and Vision are not on this filing as their own contracts, so there is no peer rate to show for them.

This page shows what was filed. The report shows what it means.

What the gap is worth — the dollar difference vs. peer median, including a 3-year view
The current structure compared against levels comparable plans actually reported
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Where the $571,277 across all lines goes

Each broker and each benefit line, in dollars

How much broker pay rides inside the premium

Base commission against bonuses and other carrier payments, all funded through premium

Whether this number is drifting

Compensation across every filed year, against the peer median

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Benefits covered (latest filing)

HealthDentalLife insuranceShort-term disabilityLong-term disabilityUnemploymentApprenticeship / trainingSeveranceOther

From the Form 5500 welfare benefit codes — the authoritative list of what the plan covers, including medical (health).

Broker history

Benefit lines covered by year — broker identity limited on public pages

Year:

The 2024 filing is on file, but one of its compensation schedules has not arrived yet. The analysis year is 2021, the latest year that is complete and benchmarked.

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Commission rates by benefit line

Each insured contract on the filing, with the broker's commission as a share of that contract's own premium. Premium is what was paid to the carrier for the coverage; only the commission column is broker pay.

Analysis year 2021 — the same year as the headline figure and per-participant rate above. The 2024 filing is on file, but one of its compensation schedules has not arrived yet.

Benefit line	Contract	Rate	vs. peers	Position
Stop-loss	Blue Cross Blue Shield of Michigan	4.4%	med 5.0%	Within peer range
Life (basic)	Standard Insurance Company	4.4%	med 10.3%	Below peer range
Short-term disability · contract 168806	Standard Insurance Company	4.3%	med 12.0%	Below peer range
Short-term disability · contract 000010228904	The Lincoln National Life Insurance Company	1.4%	med 8.2%	No commission on this contract
Long-term disability · contract 168806	Standard Insurance Company	4.3%	med 8.1%	Within peer range
Long-term disability · contract 000010224422	The Lincoln National Life Insurance Company	6.4%	med 8.1%	Within peer range
Life (AD&D)	Reliastar Life Insurance Company	11.8%	med 10.3%	Within peer range

How the peer group for each line was built

Stop-loss: n=208 contracts, Midwest, 501-2500 covered lives
Life: n=1,184 contracts, Midwest, 501-2500 covered lives
Short-term disability: n=1,104 contracts, Midwest, 101-500 covered lives
Short-term disability: n=255 contracts, Midwest, 501-2500 covered lives
Long-term disability: n=525 contracts, Midwest, 501-2500 covered lives

n = the number of peer contracts in that comparison group.

Everything in this table is from the 2021 filing. These 7 contracts are a subset of the broker compensation disclosed for that year. The remainder sits on bundled multi-line contracts, contracts with no premium reported, or Schedule C service-provider fees, none of which carry a comparable single-line rate. 2024 is not rated here. Its rows appear in Broker history above as filed — pick 2024 on the year chips there to see them.

Peer comparison here is contract-level: each line is matched to single-line contracts covering a similar number of lives. The geography and size band come from that cell's generated scope label. That is a different group from the plan-level peer set, which compares employers on total broker cost per employee, so the two sample sizes are not expected to agree. The national table on the research page includes every single-line contract on that benefit line. Company pages use the tightest cell with at least 10 contracts — region and size when those exist, otherwise national. The two medians answer different questions, so they are not expected to match. A rate on bundled multi-line premium is not comparable to a single-line rate, so bundled contracts are never given a peer position. A near-zero rate on a large premium usually means the broker is paid elsewhere (through a bundled contract, a Schedule C fee, or commission on other lines), so no market position is shown for that contract.

Plans on file

Expand a plan to see its insured contracts and year-over-year history — the details someone on the plan can recognize and verify.

PN 501RISE BAKING COMPANY EMPLOYEE BENEFITS PLAN3.3K participants (2024)

HealthDentalLife insuranceShort-term disabilityLong-term disabilityUnemploymentApprenticeship / trainingSeveranceOtherSelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 3 years on file

Loading contracts…

Covers = benefits reported on the Form 5500 (welfare benefit codes). Contracts = insured lines itemized on Schedule A; a self-funded medical line never appears there.

At a glance

Primary brokerLimited on public pages

Years on file3

Lead broker continuityFiled brokername changed

Broker setup4 brokers in 20216 across all years

Some

Peer benchmarkRetailn=18 · state peers

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How do similar employers compare?

Employers in the same peer group (Retail, similar size), from public Form 5500 filings. Open one to see what it pays its broker.

Browse more: Minnesota employer health plans · Retail plans in Minnesota · all states

Sourced from Form 5500 filings as submitted to the U.S. Department of Labor. Analysis year: 2021; newest plan year with a filing on file: 2024. Dataset refreshed October 7, 2026. Plan years are labeled by the year they begin, so a July 2024 – June 2025 plan year is 2024. Filings may lag 12–18 months behind the current plan year.

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Unbrokered reports data as filed with the DOL. If you believe a figure is incorrect, tell us what it should be. We respond within 2 business days and, where the underlying filing has been amended, update on our next data refresh. We don't remove publicly filed information on request, but we do correct genuine errors.