Millwright, installation/erection of machinery workers comp rate in New Jersey
The filed workers comp rate for class code 3724 (Millwright, installation/erection of machinery) in New Jersey is $5.87 per $100 of payroll , effective 2025-01-01. On $500,000 of payroll, that's roughly $29,350 in base premium.
Rate per $100 $5.87
Rate type manual_rate
Authority NCCI / state rating bureau
Effective 2025-01-01
vs peers 100%
Confidence HIGH
FAQ
What is the workers comp rate for code 3724 in New Jersey?
The filed workers comp loss cost / rate for NCCI class code 3724 (Millwright, installation/erection of machinery) in New Jersey is $5.87 per $100 of payroll, effective 2025-01-01.
How much would I pay in New Jersey for code 3724 on $500,000 of payroll?
At $5.87 per $100, $500,000 of payroll yields a base premium of $29,350 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3724?
UT has the cheapest filed rate for code 3724 ($0.590) and NJ the highest ($5.87). New Jersey sits at the 100th percentile across 22 peer states.