Maryland · National Council on Compensation

Metal Stamping - NOC workers comp rate in Maryland

The filed workers comp rate for class code 3881 (Metal Stamping - NOC) in Maryland is $1.61 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $8,050 in base premium.

Rate per $100 $1.61
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 40%
Confidence HIGH

FAQ

What is the workers comp rate for code 3881 in Maryland?

The filed workers comp loss cost / rate for NCCI class code 3881 (Metal Stamping - NOC) in Maryland is $1.61 per $100 of payroll, effective 2024-01-01.

How much would I pay in Maryland for code 3881 on $500,000 of payroll?

At $1.61 per $100, $500,000 of payroll yields a base premium of $8,050 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 3881?

UT has the cheapest filed rate for code 3881 ($0.620) and IL the highest ($4.33). Maryland sits at the 40th percentile across 20 peer states.