Metal Stamping - NOC workers comp rate in Minnesota
The filed workers comp rate for class code 3881 (Metal Stamping - NOC) in Minnesota is $2.25 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $11,250 in base premium.
Rate per $100 $2.25
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 70%
Confidence HIGH
FAQ
What is the workers comp rate for code 3881 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 3881 (Metal Stamping - NOC) in Minnesota is $2.25 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 3881 on $500,000 of payroll?
At $2.25 per $100, $500,000 of payroll yields a base premium of $11,250 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). Minnesota sits at the 70th percentile across 20 peer states.