Question 1

How much does workers' comp cost for Iron or Steel Erection - NOC in Iowa?

Accepted Answer

The current rate for Iron or Steel Erection - NOC (Class Code 5057) in Iowa is $17.60 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $8800 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Iowa?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Iowa for all employers with at least one employee.

Question 3

How does Iowa's rate compare to other states?

Accepted Answer

Iowa's rate for Iron or Steel Erection - NOC is $17.60, which is $0.82 below the national average of $18.42 (-4%).

Question 4

What does class code 5057 cover?

Accepted Answer

Covers miscellaneous iron and steel erection work not otherwise classified.

State	Rate per $100	Difference
Iowa (current)	$17.60	—
Indiana	$13.46	-4.14
Texas	$14.15	-3.45
Virginia	$14.32	-3.28
Utah	$14.66	-2.94
Arkansas	$15.18	-2.42

Workers' Comp Rate for Iron or Steel Erection - NOC in Iowa (Class Code 5057)

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