Analysis
NAICS 525190 is the 2022 national industry for other insurance funds, part of 52519 (Other Insurance Funds). Census lists 4 example activities under it in the official index.
Census lists 5 related activities that belong elsewhere, most often in 525110, 525120, 523940 and 524292. 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.
Its index entries, the activities Census uses to assign businesses to this code, include compensation, workers, insurance funds, funds, self-insurance (except employee benefit funds), self-insurance funds (except employee benefit funds) and workers' compensation insurance funds.
For example, legal entities (i.e., funds, plans, and/or programs) organized to provide retirement income benefits exclusively for the sponsor's employees or members are classified in 525110 (Pension Funds) instead.
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 (except pension, and health- and welfare-related employee benefit funds)) organized to provide insurance exclusively for the sponsor, firm, or its employees or members. Self-insurance funds (except employee benefit funds) and workers' compensation insurance funds are included in this industry.
Source: US Census Bureau, NAICS 2022 Manual.
Not this code if…
| The business mainly does | Use instead |
|---|---|
| Legal entities (i.e., funds, plans, and/or programs) organized to provide retirement income benefits exclusively for the sponsor's employees or members | 525110 Pension Funds |
| Legal entities (i.e., funds, plans, and/or programs) organized to provide health- and welfare-related employee benefits exclusively for the sponsor's employees or members | 525120 Health and Welfare Funds |
| Managing portfolios of insurance funds | 523940 Portfolio Management and Investment Advice |
| Providing pharmacy benefit management services and other third party claims administration of insurance and other employee benefit funds | 524292 Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds |
| Providing insurance on a fee or contract basis | 5241 Insurance Carriers |
Index entries (4)
- Compensation, workers, insurance funds
- Funds, self-insurance (except employee benefit funds)
- Self-insurance funds (except employee benefit funds)
- Workers' compensation insurance funds