Railroad Operation - shop work workers comp rate in Arkansas
The filed workers comp rate for class code 6704 M (Railroad Operation - shop work) in Arkansas is $3.17 per $100 of payroll , effective 2024-07-01. On $500,000 of payroll, that's roughly $15,850 in base premium.
Source quote
"CLASS CODE 6704M* 3.17"
From National Council on Compensation, effective 2024-07-01.
FAQ
What is the workers comp rate for code 6704 M in Arkansas?
The filed workers comp loss cost / rate for NCCI class code 6704 M (Railroad Operation - shop work) in Arkansas is $3.17 per $100 of payroll, effective 2024-07-01.
How much would I pay in Arkansas for code 6704 M on $500,000 of payroll?
At $3.17 per $100, $500,000 of payroll yields a base premium of $15,850 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6704 M?
UT has the cheapest filed rate for code 6704 M ($1.65) and KS the highest ($4.60). Arkansas sits at the 69th percentile across 16 peer states.