Hosiery Mfg. workers comp rate in Minnesota
The filed workers comp rate for class code 2361 (Hosiery Mfg.) in Minnesota is $1.16 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $5,800 in base premium.
Rate per $100 $1.16
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 68%
Confidence HIGH
FAQ
What is the workers comp rate for code 2361 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 2361 (Hosiery Mfg.) in Minnesota is $1.16 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 2361 on $500,000 of payroll?
At $1.16 per $100, $500,000 of payroll yields a base premium of $5,800 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2361?
UT has the cheapest filed rate for code 2361 ($0.380) and NJ the highest ($2.82). Minnesota sits at the 68th percentile across 19 peer states.