Seafood Processing - N.O.C. workers comp rate in Minnesota
The filed workers comp rate for class code 2174 (Seafood Processing - N.O.C.) in Minnesota is $1.80 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $9,000 in base premium.
Rate per $100 $1.80
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 76%
Confidence HIGH
Source quote
"2174 1.80"
From MWCIA, effective 2024-07-15.
FAQ
What is the workers comp rate for code 2174 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 2174 (Seafood Processing - N.O.C.) in Minnesota is $1.80 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 2174 on $500,000 of payroll?
At $1.80 per $100, $500,000 of payroll yields a base premium of $9,000 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2174?
UT has the cheapest filed rate for code 2174 ($0.620) and HI the highest ($3.43). Minnesota sits at the 76th percentile across 17 peer states.