Workers' Comp Rates for Trust Company (Class Code 8847)
Description
Covers employees of trust companies managing fiduciary accounts, estates, and trust administration.
Common Businesses
Trust companiesEstate management firmsFiduciary servicesTrust administration offices
Hazard Group
A
National Avg Rate
$0.16
per $100 payroll
Most Expensive States
- New York$0.22
- Alaska$0.21
- New Jersey$0.20
Rates by State for Class Code 8847
| State | Rate per $100 | vs. National Avg | Effective |
|---|---|---|---|
| Indiana | $0.12 | -0.04 | 2026-01-01 |
| Texas | $0.12 | -0.04 | 2026-01-01 |
| Virginia | $0.12 | -0.04 | 2026-01-01 |
| Arkansas | $0.13 | -0.03 | 2026-01-01 |
| Colorado | $0.13 | -0.03 | 2026-01-01 |
| Utah | $0.13 | -0.03 | 2026-01-01 |
| Arizona | $0.14 | -0.02 | 2026-01-01 |
| Idaho | $0.14 | -0.02 | 2026-01-01 |
| Kansas | $0.14 | -0.02 | 2026-01-01 |
| Nebraska | $0.14 | -0.02 | 2026-01-01 |
| North Carolina | $0.14 | -0.02 | 2026-01-01 |
| North Dakota | $0.14 | -0.02 | 2026-01-01 |
| South Dakota | $0.14 | -0.02 | 2026-01-01 |
| Tennessee | $0.14 | -0.02 | 2026-01-01 |
| Wyoming | $0.14 | -0.02 | 2026-01-01 |
| Iowa | $0.15 | -0.01 | 2026-01-01 |
| Kentucky | $0.15 | -0.01 | 2026-01-01 |
| Mississippi | $0.15 | -0.01 | 2026-01-01 |
| Missouri | $0.15 | -0.01 | 2026-01-01 |
| New Mexico | $0.15 | -0.01 | 2026-01-01 |
| Ohio | $0.15 | -0.01 | 2026-07-01 |
| South Carolina | $0.15 | -0.01 | 2026-01-01 |
| Alabama | $0.16 | +0.00 | 2026-01-01 |
| Georgia | $0.16 | +0.00 | 2026-01-01 |
| Maryland | $0.16 | +0.00 | 2026-01-01 |
| Minnesota | $0.16 | +0.00 | 2026-01-01 |
| Nevada | $0.16 | +0.00 | 2026-01-01 |
| New Hampshire | $0.16 | +0.00 | 2026-01-01 |
| Oregon | $0.16 | +0.00 | 2026-01-01 |
| West Virginia | $0.16 | +0.00 | 2026-01-01 |
| Delaware | $0.17 | +0.01 | 2026-01-01 |
| Florida | $0.17 | +0.01 | 2026-01-01 |
| Maine | $0.17 | +0.01 | 2026-01-01 |
| Michigan | $0.17 | +0.01 | 2026-01-01 |
| Montana | $0.17 | +0.01 | 2026-01-01 |
| Rhode Island | $0.17 | +0.01 | 2026-01-01 |
| Vermont | $0.17 | +0.01 | 2026-01-01 |
| Wisconsin | $0.17 | +0.01 | 2026-01-01 |
| Connecticut | $0.18 | +0.02 | 2026-01-01 |
| District of Columbia | $0.18 | +0.02 | 2026-01-01 |
| Illinois | $0.18 | +0.02 | 2026-01-01 |
| Massachusetts | $0.18 | +0.02 | 2026-01-01 |
| Oklahoma | $0.18 | +0.02 | 2026-01-01 |
| Washington | $0.18 | +0.02 | 2026-01-01 |
| Hawaii | $0.19 | +0.03 | 2026-01-01 |
| Louisiana | $0.19 | +0.03 | 2026-01-01 |
| Pennsylvania | $0.19 | +0.03 | 2026-01-01 |
| California | $0.20 | +0.04 | 2026-01-01 |
| New Jersey | $0.20 | +0.04 | 2026-01-01 |
| Alaska | $0.21 | +0.05 | 2026-01-01 |
| New York | $0.22 | +0.06 | 2026-01-01 |