Other Metal Foundry workers comp rate in Minnesota
The filed workers comp rate for class code 3227 (Other Metal Foundry) in Minnesota is $2.12 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $10,600 in base premium.
Rate per $100 $2.12
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 80%
Confidence HIGH
FAQ
What is the workers comp rate for code 3227 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 3227 (Other Metal Foundry) in Minnesota is $2.12 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 3227 on $500,000 of payroll?
At $2.12 per $100, $500,000 of payroll yields a base premium of $10,600 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3227?
UT has the cheapest filed rate for code 3227 ($0.460) and NY the highest ($19.88). Minnesota sits at the 80th percentile across 20 peer states.