Steel Foundry workers comp rate in Rhode Island
The filed workers comp rate for class code 3114 (Steel Foundry) in Rhode Island is $1.73 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $8,650 in base premium.
Rate per $100 $1.73
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 81%
Confidence HIGH
FAQ
What is the workers comp rate for code 3114 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 3114 (Steel Foundry) in Rhode Island is $1.73 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 3114 on $500,000 of payroll?
At $1.73 per $100, $500,000 of payroll yields a base premium of $8,650 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3114?
UT has the cheapest filed rate for code 3114 ($0.480) and NJ the highest ($3.51). Rhode Island sits at the 81th percentile across 21 peer states.