Soap Manufacturing workers comp rate in Kentucky
The filed workers comp rate for class code 4557 (Soap Manufacturing) in Kentucky is $0.890 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $4,450 in base premium.
Rate per $100 $0.890
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 23%
Confidence HIGH
Source quote
"CLASS 4557 LOSS COST 0.89"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 4557 in Kentucky?
The filed workers comp loss cost / rate for NCCI class code 4557 (Soap Manufacturing) in Kentucky is $0.890 per $100 of payroll, effective 2024-01-01.
How much would I pay in Kentucky for code 4557 on $500,000 of payroll?
At $0.890 per $100, $500,000 of payroll yields a base premium of $4,450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4557?
UT has the cheapest filed rate for code 4557 ($0.370) and CA the highest ($4.13). Kentucky sits at the 23th percentile across 22 peer states.