Match Manufacturing workers comp rate in Illinois
The filed workers comp rate for class code 4703 (Match Manufacturing) in Illinois is $1.60 per $100 of payroll , effective 2026-01-01. On $500,000 of payroll, that's roughly $8,025 in base premium.
Rate per $100 $1.60
Rate type advisory_rate
Authority NCCI / state rating bureau
Effective 2026-01-01
vs peers 89%
Confidence HIGH
FAQ
What is the workers comp rate for code 4703 in Illinois?
The filed workers comp loss cost / rate for NCCI class code 4703 (Match Manufacturing) in Illinois is $1.60 per $100 of payroll, effective 2026-01-01.
How much would I pay in Illinois for code 4703 on $500,000 of payroll?
At $1.60 per $100, $500,000 of payroll yields a base premium of $8,025 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4703?
UT has the cheapest filed rate for code 4703 ($0.270) and NJ the highest ($2.26). Illinois sits at the 89th percentile across 19 peer states.