Funds, Trusts, and Other Financial Vehicles: NAICS 525
About the Funds, Trusts, and Other Financial Vehicles subsector
The funds, trusts, and other financial vehicles subsector is part of the finance and insurance sector.
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 investment income, but have little or no employment and no revenue from the sale of services.
North American Industry Classification System
The funds, trusts, and other financial vehicles subsector consists of these industry groups:
- Insurance and Employee Benefit Funds: NAICS 5251
- Other Investment Pools and Funds: NAICS 5259
NOTE: There was a change in the definition of this subsector between NAICS 2002 and NAICS 2007. Some of the data below reflect the 2002 definition and some reflect the 2007 definition. See the BLS
implementation schedule for NAICS 2007 to find out which BLS programs have already implemented NAICS 2007.
Workforce Statistics
This section provides information relating to employment in funds, trusts, and other financial vehicles.
These data are obtained from employer or establishment surveys.
The following tables present an overview of the industry including
the number of jobs,
mass layoffs,
data for occupations common to the industry,
and projections of occupational employment change.
Employment and Layoffs
(Source: Current Employment Statistics, Mass Layoff Statistics)
Extended Mass Layoffs
(Source: Mass Layoff Statistics)
Employment by Occupation
| Data series |
Employment,
2011 |
Accountants and auditors |
4,470 |
Bookkeeping, accounting, and auditing clerks |
2,370 |
Claims adjusters, examiners, and investigators |
3,260 |
Financial analysts |
3,920 |
First-line supervisors/managers of office and administrative support workers |
4,230 |
(Source: Occupational Employment Statistics)
Projections
For projected (future) employment estimates, see the National Employment Matrix, which includes employment estimates by industry and occupation for funds, trusts, and other financial vehicles.
(Source: Office of Occupational Statistics and Employment Projections)
Earnings and Hours
This section presents data on employee earnings and weekly hours.
The latest industry averages of hourly earnings and weekly hours are shown.
In addition, recent hourly and annual earnings are shown for occupations commonly found in funds, trusts, and other financial vehicles.
Earnings and Hours of All Employees
(Source: Current Employment Statistics)
Earnings and Hours of Production and Nonsupervisory Employees
(Source: Current Employment Statistics)
Earnings by Occupation
| Data series |
Wages, 2011 |
| Hourly |
Annual |
| Median |
Mean |
Median |
Mean |
Accountants and auditors |
$32.79 |
$37.02 |
$68,200 |
$77,000 |
Bookkeeping, accounting, and auditing clerks |
$18.92 |
$19.15 |
$39,360 |
$39,840 |
Claims adjusters, examiners, and investigators |
$27.04 |
$28.65 |
$56,230 |
$59,600 |
Financial analysts |
$39.19 |
$49.14 |
$81,520 |
$102,200 |
First-line supervisors/managers of office and administrative support workers |
$29.02 |
$30.57 |
$60,370 |
$63,580 |
(Source: Occupational Employment Statistics)
Work-related Fatalities, Injuries, and Illnesses
This section presents data for the industry on the number of workplace fatalities and the rates of workplace injuries and illnesses per 100 full-time workers in funds, trusts, and other financial vehicles. An injury or illness is considered to be work-related if an event or exposure in the work environment either caused or contributed to the resulting condition or significantly aggravated a pre-existing condition.
(Source: Injuries, Illnesses, and Fatalities)
Workplace Trends
This section presents data on the number of establishments in funds, trusts, and other financial vehicles.
Establishments
(Source: Quarterly Census of Employment and Wages)
Other BLS Resources
Career Guide to Industries
To learn about careers from an industry perspective, see the Career Guide to Industries.
Data extracted on:
September 27, 2012
