Retail Bakery workers comp rate in Rhode Island
The filed workers comp rate for class code 1925 (Retail Bakery) in Rhode Island is $2.07 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $10,350 in base premium.
Rate per $100 $2.07
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 64%
Confidence HIGH
Source quote
"CLASS CODE 1925 LOSS COST 2.07"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 1925 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 1925 (Retail Bakery) in Rhode Island is $2.07 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 1925 on $500,000 of payroll?
At $2.07 per $100, $500,000 of payroll yields a base premium of $10,350 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 1925?
UT has the cheapest filed rate for code 1925 ($0.570) and CA the highest ($12.71). Rhode Island sits at the 64th percentile across 22 peer states.