Analysis
NAICS 551112 is the 2022 national industry for offices of other holding companies, part of 55111 (Management of Companies and Enterprises). Census lists 10 example activities under it in the official index.
County Business Patterns counts 6,582 US establishments in this code in 2023, employing 89,908 people at an average annual payroll of $122,698 per employee (92nd percentile of national industries). 67% of the establishments have fewer than five employees, which marks it as a small-business industry.
Its index entries, the activities Census uses to assign businesses to this code, include agreement corporation (except international trade financing), financial holding companies, holding companies (except bank, managing) and insurance holding companies, among 10 in all.
Census lists 3 related activities that belong elsewhere, most often in 551111, 551114 and 533110. 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.
For example, holding the securities of (or other equity interests in) depository banks for the purpose of owning a controlling interest or influencing the management decisions of these firms are classified in 551111 (Offices of Bank Holding Companies) instead.
Official definition
This U.S. industry comprises legal entities known as holding companies (except bank holding) primarily engaged in holding the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing the management decisions of these firms. The holding companies in this industry do not administer, oversee, and manage other establishments of the company or enterprise whose securities they hold.
Source: US Census Bureau, NAICS 2022 Manual.
Not this code if…
| The business mainly does | Use instead |
|---|---|
| Holding the securities of (or other equity interests in) depository banks for the purpose of owning a controlling interest or influencing the management decisions of these firms | 551111 Offices of Bank Holding Companies |
| Holding the securities of (or other equity interests in) a company or enterprise and administering, overseeing, and managing establishments of the company or enterprise whose securities they hold | 551114 Corporate, Subsidiary, and Regional Managing Offices |
| Patent buying and licensing | 533110 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) |
Index entries (10)
- Agreement corporation (except international trade financing)
- Financial holding companies
- Holding companies (except bank, managing)
- Insurance holding companies
- Nonbank holding companies (except managing)
- Personal holding companies
- Public utility holding companies
- Railroad holding companies
- Savings and loan holding companies
- Thrift holding companies