Forging - Drop or Machine workers comp rate in Arkansas
The filed workers comp rate for class code 3004 (Forging - Drop or Machine) in Arkansas is $0.860 per $100 of payroll , effective 2024-07-01. On $500,000 of payroll, that's roughly $4,300 in base premium.
Rate per $100 $0.860
Rate type manual_rate
Authority National Council on Compensation
Effective 2024-07-01
vs peers 48%
Confidence HIGH
FAQ
What is the workers comp rate for code 3004 in Arkansas?
The filed workers comp loss cost / rate for NCCI class code 3004 (Forging - Drop or Machine) in Arkansas is $0.860 per $100 of payroll, effective 2024-07-01.
How much would I pay in Arkansas for code 3004 on $500,000 of payroll?
At $0.860 per $100, $500,000 of payroll yields a base premium of $4,300 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3004?
UT has the cheapest filed rate for code 3004 ($0.210) and NJ the highest ($5.12). Arkansas sits at the 48th percentile across 21 peer states.