Question 1

How much does workers' comp cost for Bakery in Iowa?

Accepted Answer

The current rate for Bakery (Class Code 2003) in Iowa is $3.57 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $1785 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Iowa?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Iowa for all employers with at least one employee.

Question 3

How does Iowa's rate compare to other states?

Accepted Answer

Iowa's rate for Bakery is $3.57, which is $0.17 below the national average of $3.74 (-5%).

Question 4

What does class code 2003 cover?

Accepted Answer

Covers workers in commercial bakeries producing bread, pastries, cakes, and other baked goods.

State	Rate per $100	Difference
Iowa (current)	$3.57	—
Indiana	$2.73	-0.84
Texas	$2.87	-0.70
Virginia	$2.91	-0.66
Utah	$2.98	-0.59
Arkansas	$3.08	-0.49

Workers' Comp Rate for Bakery in Iowa (Class Code 2003)

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