Type Manufacturing workers comp rate in Minnesota
The filed workers comp rate for class code 4304 (Type Manufacturing) in Minnesota is $1.30 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $6,500 in base premium.
Rate per $100 $1.30
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 9%
Confidence HIGH
FAQ
What is the workers comp rate for code 4304 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 4304 (Type Manufacturing) in Minnesota is $1.30 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 4304 on $500,000 of payroll?
At $1.30 per $100, $500,000 of payroll yields a base premium of $6,500 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4304?
UT has the cheapest filed rate for code 4304 ($0.900) and NY the highest ($8.37). Minnesota sits at the 9th percentile across 22 peer states.