Raincoat & Waterproof Clothing Mfg. workers comp rate in Arkansas
The filed workers comp rate for class code 2416 (Raincoat & Waterproof Clothing Mfg.) in Arkansas is $1.44 per $100 of payroll , effective 2024-07-01. On $500,000 of payroll, that's roughly $7,200 in base premium.
Source quote
"CLASS CODE 2416 1.44"
From National Council on Compensation, effective 2024-07-01.
FAQ
What is the workers comp rate for code 2416 in Arkansas?
The filed workers comp loss cost / rate for NCCI class code 2416 (Raincoat & Waterproof Clothing Mfg.) in Arkansas is $1.44 per $100 of payroll, effective 2024-07-01.
How much would I pay in Arkansas for code 2416 on $500,000 of payroll?
At $1.44 per $100, $500,000 of payroll yields a base premium of $7,200 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2416?
UT has the cheapest filed rate for code 2416 ($0.490) and NJ the highest ($3.67). Arkansas sits at the 65th percentile across 20 peer states.