Workers comp rates for code 5004: Structural Steel Erection
NCCI class code 5004 covers Structural Steel Erection in the construction industry. The median rate across 1 states is $2.46 per $100 payroll. Rates range from $2.46 in Washington to $2.46 in Washington.
Also known as: Ironwork - structural · Steel erector
Cheapest 5 states for code 5004
- Washington $2.46
Most expensive 5 states
- Washington $2.46
Code 5004 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Washington monopolistic | 5004 | $2.46 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 5004
What occupation is NCCI class code 5004?
Class code 5004 is "Structural Steel Erection" (also known as Ironwork - structural, Steel erector), in the construction industry. The code is filed in 1 states.
What is the average workers comp rate for code 5004?
The median rate across 1 states is $2.46 per $100 of payroll, ranging from $2.46 (Washington) to $2.46 (Washington).
Why does code 5004 cost more in some states than others?
Workers comp rates reflect each state's loss experience for that occupation, the rating bureau's methodology (NCCI vs. independent), schedule rating credits, and the state's medical-cost inflation. Some states are monopolistic (only the state fund writes coverage) while others are open competitive markets.