NCCI · 1 states

Workers comp rates for code 5429: Concrete Construction - Foundations

NCCI class code 5429 covers Concrete Construction - Foundations in the construction industry. The median rate across 1 states is $4.89 per $100 payroll. Rates range from $4.89 in New York to $4.89 in New York.

Also known as: Foundation contractor · Pier construction

Cheapest 5 states for code 5429

  1. New York $4.89

Most expensive 5 states

  1. New York $4.89

Code 5429 rates in all 1 states

State Code Rate per $100 vs peers Source
New York 5429 $4.89 - view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 5429

What occupation is NCCI class code 5429?

Class code 5429 is "Concrete Construction - Foundations" (also known as Foundation contractor, Pier construction), in the construction industry. The code is filed in 1 states.

What is the average workers comp rate for code 5429?

The median rate across 1 states is $4.89 per $100 of payroll, ranging from $4.89 (New York) to $4.89 (New York).

Why does code 5429 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.