Workers comp rates for code 5103: Ornamental Iron & Steel
NCCI class code 5103 covers Ornamental Iron & Steel in the construction industry. The median rate across 2 states is $6.28 per $100 payroll. Rates range from $2.29 in Washington to $6.28 in New Jersey.
Also known as: Decorative Metalwork · Wrought Iron Installation
Cheapest 5 states for code 5103
- Washington $2.29
- New Jersey $6.28
Most expensive 5 states
- New Jersey $6.28
- Washington $2.29
Code 5103 rates in all 2 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Washington monopolistic | 5103 | $2.29 | - | view |
| New Jersey | 5103 | $6.28 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 5103
What occupation is NCCI class code 5103?
Class code 5103 is "Ornamental Iron & Steel" (also known as Decorative Metalwork, Wrought Iron Installation), in the construction industry. The code is filed in 2 states.
What is the average workers comp rate for code 5103?
The median rate across 2 states is $6.28 per $100 of payroll, ranging from $2.29 (Washington) to $6.28 (New Jersey).
Why does code 5103 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.