Steel Frame Erection workers comp rate in Oklahoma
The filed workers comp rate for class code 5057 (Steel Frame Erection) in Oklahoma is $2.25 per $100 of payroll , effective 2024-06-01. On $500,000 of payroll, that's roughly $11,250 in base premium.
Rate per $100 $2.25
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-06-01
vs peers 67%
Confidence HIGH
Source quote
"CLASS CODE 5057 LOSS COST 2.25"
From National Council on Compensation, effective 2024-06-01.
FAQ
What is the workers comp rate for code 5057 in Oklahoma?
The filed workers comp loss cost / rate for NCCI class code 5057 (Steel Frame Erection) in Oklahoma is $2.25 per $100 of payroll, effective 2024-06-01.
How much would I pay in Oklahoma for code 5057 on $500,000 of payroll?
At $2.25 per $100, $500,000 of payroll yields a base premium of $11,250 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). Oklahoma sits at the 67th percentile across 21 peer states.