Construction Project Manager workers comp rate in Maryland
The filed workers comp rate for class code 5705 (Construction Project Manager) in Maryland is $6.86 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $34,300 in base premium.
Rate per $100 $6.86
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 56%
Confidence HIGH
FAQ
What is the workers comp rate for code 5705 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 5705 (Construction Project Manager) in Maryland is $6.86 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 5705 on $500,000 of payroll?
At $6.86 per $100, $500,000 of payroll yields a base premium of $34,300 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5705?
UT has the cheapest filed rate for code 5705 ($2.52) and IL the highest ($11.58). Maryland sits at the 56th percentile across 18 peer states.