Explosives Manufacturing workers comp rate in Maryland
The filed workers comp rate for class code 4611 (Explosives Manufacturing) in Maryland is $0.410 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $2,050 in base premium.
Rate per $100 $0.410
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 23%
Confidence HIGH
Source quote
"CLASS CODE 4611 LOSS COST 0.41"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 4611 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 4611 (Explosives Manufacturing) in Maryland is $0.410 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 4611 on $500,000 of payroll?
At $0.410 per $100, $500,000 of payroll yields a base premium of $2,050 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4611?
UT has the cheapest filed rate for code 4611 ($0.300) and CA the highest ($1.69). Maryland sits at the 23th percentile across 22 peer states.