2002 NAICS Definitions
525 Funds, Trusts, and Other Financial Vehicles
525 Funds, Trusts, and Other Financial Vehicles
Industries in the Funds, Trusts, and Other Financial Vehicles subsector are comprised of legal entities (i.e., funds, plans, and/or programs) organized to pool securities or other assets on behalf of shareholders or beneficiaries of employee benefit or other trust funds. The portfolios are customized to achieve specific investment characteristics, such as diversification, risk, rate of return, and price volatility. These entities earn interest, dividends, and other property income, but have little or no employment and no revenue from the sale of services. Establishments with employees devoted to the management of funds are classified in Industry Group 5239, Other Financial Investment Activities.
Establishments primarily engaged in holding the securities of (or other equity interests in) other firms are classified in Sector 55, Management of Companies and Enterprises.
5251 Insurance and Employee Benefit Funds
This industry group comprises legal entities (i.e., funds, plans, and/or programs) organized to provide insurance and employee benefits exclusively for the sponsor, firm, or its employees or members.
52511 Pension Funds
See industry description for 525110 below.
525110 Pension Funds
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.
Cross-References. Establishments primarily engaged in--
| Go to: | No change 1997 to 2002 | 2002 NAICS to 1987 SIC | 1997 Economic Census | Bridge Between 1997 NAICS and SIC |
| 2002 NAICS | 1997 NAICS | 1987 SIC | Corresponding Index Entries |
|---|---|---|---|
| 525110 | 525110 | 6371 | Employee benefit pension plans |
| 525110 | 525110 | 6371 | Funds, employee benefit pension |
| 525110 | 525110 | 6371 | Funds, pension |
| 525110 | 525110 | 6371 | Pension funds |
| 525110 | 525110 | 6371 | Pension plans (e.g., employee benefit, retirement) |
| 525110 | 525110 | 6371 | Plans, pension |
| 525110 | 525110 | 6371 | Retirement pension plans |
| 525110 | 525110 | 6371 | Union pension funds |
52512 Health and Welfare Funds
See industry description for 525120 below.
525120 Health and Welfare Funds
This industry comprises legal entities (i.e., funds, plans, and/or programs) organized to provide medical, surgical, hospital, vacation, training, and other health- and welfare-related employee benefits exclusively for the sponsor's employees or members.
Cross-References. Establishments primarily engaged in--
| Go to: | No change 1997 to 2002 | 2002 NAICS to 1987 SIC | 1997 Economic Census | Bridge Between 1997 NAICS and SIC |
| 2002 NAICS | 1997 NAICS | 1987 SIC | Corresponding Index Entries |
|---|---|---|---|
| 525120 | 525120 | 6371 | Employee benefit plans (except pension) |
| 525120 | 525120 | 6371 | Funds, health and welfare |
| 525120 | 525120 | 6371 | Health and welfare funds |
| 525120 | 525120 | 6371 | Plans, health and welfare related employee benefit |
| 525120 | 525120 | 6371 | Union health and welfare funds |
52519 Other Insurance Funds
See industry description for 525190 below.
525190 Other Insurance Funds
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.
Cross-References.
| Go to: | No change 1997 to 2002 | 2002 NAICS to 1987 SIC | 1997 Economic Census | Bridge Between 1997 NAICS and SIC |
| 2002 NAICS | 1997 NAICS | 1987 SIC | Corresponding Index Entries |
|---|---|---|---|
| 525190 | 525190 | Compensation, workers, insurance funds | |
| 525190 | 525190 | Funds, self-insurance (except employee benefit funds) | |
| 525190 | 525190 | Self-insurance funds (except employee benefit funds) | |
| 525190 | 525190 | Workers' compensation insurance funds |
5259 Other Investment Pools and Funds
This industry group comprises legal entities (i.e., investment pools and/or funds) organized to pool securities or other assets (except insurance and employee-benefit funds) on behalf of shareholders, unitholders, or beneficiaries.
52591 Open-End Investment Funds
See industry description for 525910 below.
525910 Open-End Investment Funds
This industry comprises legal entities (i.e., open-end investment funds) organized to pool assets that consist of securities or other financial instruments. Shares in these pools are offered to the public in an initial offering with additional shares offered continuously and perpetually and redeemed at a specific price determined by the net asset value.
| Go to: | No change 1997 to 2002 | 2002 NAICS to 1987 SIC | 1997 Economic Census | Bridge Between 1997 NAICS and SIC |
| 2002 NAICS | 1997 NAICS | 1987 SIC | Corresponding Index Entries |
|---|---|---|---|
| 525910 | 525910 | 6722 | Funds, mutual, open-ended |
| 525910 | 525910 | 6722 | Investment funds, open-ended |
| 525910 | 525910 | 6722 | Money market mutual funds, open-ended |
| 525910 | 525910 | 6722 | Mutual funds, open-ended |
52592 Trusts, Estates, and Agency Accounts
See industry description for 525920 below.
525920 Trusts, Estates, and Agency Accounts
This industry comprises legal entities, trusts, estates, or agency accounts, administered on behalf of the beneficiaries under the terms of a trust agreement, will, or agency agreement.
Cross-References. Establishments primarily engaged in--
| Go to: | No change 1997 to 2002 | 2002 NAICS to 1987 SIC | 1997 Economic Census | Bridge Between 1997 NAICS and SIC |
| 2002 NAICS | 1997 NAICS | 1987 SIC | Corresponding Index Entries |
|---|---|---|---|
| 525920 | 525920 | 6733 | Bankruptcy estates |
| 525920 | 525920 | 6733 | Personal estates (i.e., managing assets) |
| 525920 | 525920 | 6733 | Personal investment trusts |
| 525920 | 525920 | 6733 | Personal trusts |
| 525920 | 525920 | 6733 | Private estates (i.e., administering on behalf of beneficiaries) |
| 525920 | 525920 | 6733 | Testamentary trusts |
| 525920 | 525920 | 6733 | Trusts, estates, and agency accounts |
52593 Real Estate Investment Trusts
See industry description for 525930 below.
525930 Real Estate Investment Trusts
This industry comprises legal entities that are Real Estate Investment Trusts (REITs).
Cross-References. Establishments primarily engaged in--
| Go to: | No change 1997 to 2002 | 2002 NAICS to 1987 SIC | 1997 Economic Census | Bridge Between 1997 NAICS and SIC |
| 2002 NAICS | 1997 NAICS | 1987 SIC | Corresponding Index Entries |
|---|---|---|---|
| 525930 | 525930 | 6798 | Real estate investment trusts (REITs) |
| 525930 | 525930 | 6798 | REITs (real estate investment trusts) |
52599 Other Financial Vehicles
See industry description for 525990 below.
525990 Other Financial Vehicles
This industry comprises legal entities (i.e., funds (except insurance and employee benefit funds; open-end investment funds; trusts, estates, and agency accounts; and Real Estate Investment Trusts (REITs)).
Cross-References. Establishments primarily engaged in--
| Go to: | No change 1997 to 2002 | 2002 NAICS to 1987 SIC | 1997 Economic Census | Bridge Between 1997 NAICS and SIC |
| 2002 NAICS | 1997 NAICS | 1987 SIC | Corresponding Index Entries |
|---|---|---|---|
| 525990 | 525990 | 6726 | Closed-end investment funds (except REITs) |
| 525990 | 525990 | 6726 | CMOs (collateralized mortgage obligations) |
| 525990 | 525990 | 6726 | Collateralized mortgage obligations (CMOs) |
| 525990 | 525990 | 6726 | Face-amount certificate funds |
| 525990 | 525990 | 6726 | Funds, mutual, closed-end |
| 525990 | 525990 | 6726 | Investment funds, closed-end |
| 525990 | 525990 | 6726 | Money market mutual funds, closed-end |
| 525990 | 525990 | 6726 | Mutual funds, closed-end |
| 525990 | 525990 | 6371 | Profit-sharing funds |
| 525990 | 525990 | 6726 | Real estate mortgage investment conduits (REMICs) |
| 525990 | 525990 | 6726 | REMICs (real estate mortgage investment conduits) |
| 525990 | 525990 | 6726 | Special purpose financial vehicles |
| 525990 | 525990 | 6726 | Unit investment trust funds |
