Retail Bakery workers comp rate in Maryland
The filed workers comp rate for class code 8045 (Retail Bakery) in Maryland is $0.380 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $1,900 in base premium.
Rate per $100 $0.380
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 53%
Confidence HIGH
FAQ
What is the workers comp rate for code 8045 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 8045 (Retail Bakery) in Maryland is $0.380 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 8045 on $500,000 of payroll?
At $0.380 per $100, $500,000 of payroll yields a base premium of $1,900 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8045?
UT has the cheapest filed rate for code 8045 ($0.150) and IL the highest ($1.04). Maryland sits at the 53th percentile across 19 peer states.