Analysis
NAICS 525110 is the 2022 national industry for pension funds, part of 52511 (Pension Funds). Census lists 8 example activities under it in the official index.
Its index entries, the activities Census uses to assign businesses to this code, include employee benefit pension plans, funds, employee benefit pension, funds, pension and pension funds, among 8 in all.
For example, managing portfolios of pension funds are classified in 523940 (Portfolio Management and Investment Advice) instead.
Census lists 2 related activities that belong elsewhere, most often in 523940 and 524113. Businesses that do several things are classified by their primary activity, the one that generates the most value, so check those boundaries before settling on this code.
County Business Patterns publishes no national count for it, either because the code is out of the survey's scope or because the figures are suppressed to protect individual businesses.
Official definition
This industry comprises legal entities (i.e., funds, plans, and/or programs) organized to provide retirement income benefits exclusively for the sponsor's employees or members.
Illustrative Examples:
Employee benefit plans Retirement plans Pension funds and plans
Source: US Census Bureau, NAICS 2022 Manual.
Not this code if…
Index entries (8)
- Employee benefit pension plans
- Funds, employee benefit pension
- Funds, pension
- Pension funds
- Pension plans (e.g., employee benefit, retirement)
- Plans, pension
- Retirement pension plans
- Union pension funds