WC112 Rev 12/20 Page 1 of 2
COLORADO DEPARTMENT OF LABOR AND EMPLOYMENT
DIVISION OF WORKERS’ COMPENSATION
Payroll Statement Form
for the period beginning July 1, 2020 and ending December 31, 2020
Do Not Alter this Address
Address Change or Correction
Note: All executive officers are to be reported under their classification at an individual payroll of $1,123.00 per week.
Class No.
Job Title Payroll
Rate
Premium
Equivale
nt
TOTALS
WC112 Rev 12/20
Total Number Of Employees
Total Payroll
$
1. Total Of Payroll Premium Equivalen
ts
$
2. Premium Equivalent less Deductible,
if applicable (see attachment 4), is the Subject Premium.
Hazard Group Discounts:
1 = 34.4%
2 = 29.5%
3 = 27.1%
4 = 22.4%
5 = 19.1%
6 = 16.1%
7 = 14.0%
_________%
$
3. Subject Premium times NCCI Experi
ence Mod = Modified Premium
_________ $
4. Modified Premium times Rating discount of 7.0% = Standard Premium
$
5.
Surcharge Premium:
The standard prem
ium minus the discount described below is the Surcharge Premium.
If standard premium (amount on line 4 above) is less than $100,000, discount is 9.1%;
If standard premium is greater than $100,000 and less than $775,000, discount is 11.3%;
If standard premium is greater than $775,000, discount is 12.3%.
Standard premium minus this discount becomes the Surcharge Premium. ________% $
6. Surcharge Premium times rate (1.45%) = sur
charge due
$
(The assessment of 1.45% is the combined total of two separate surcharges: the Major Medical and
Subsequent Injury Funds at 0.10%; and the Cash Fund at 1.35%)
We, the undersigned President and Secretary (or other chief officers or agents) of the corporation for which this return
is made, being severally duly sworn, each for himself/herself, deposes and says that this return has been examined by
him/her and is to the best of his/her knowledge, information and belief, a true, correct and complete return made
pursuant to provisions of The Colorado Workers’ Compensation Act, Colorado Revised Statutes, Sections 8-44-112,
8-46-102 and 8-46-202.
Notary Seal Corporate Seal
President or Chief Officer
Secretary or Chief Agent
Subscribed and sworn before me this
,
Notary Public
My commission expires
Name of Contact Person
Mail to
:
Division of Workers’ Compensation
633 17
th
Street, Suite 900
Denver, CO 80202
cdle_revenueassess_dowc@state.co.us
Page 2 of 2
( )
Phone Number
Email
Block #