Steel Frame Erection workers comp rate in Maryland
The filed workers comp rate for class code 5057 (Steel Frame Erection) in Maryland is $2.03 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $10,150 in base premium.
Rate per $100 $2.03
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 52%
Confidence HIGH
FAQ
What is the workers comp rate for code 5057 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 5057 (Steel Frame Erection) in Maryland is $2.03 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 5057 on $500,000 of payroll?
At $2.03 per $100, $500,000 of payroll yields a base premium of $10,150 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5057?
UT has the cheapest filed rate for code 5057 ($0.560) and NJ the highest ($7.05). Maryland sits at the 52th percentile across 21 peer states.