2022 NAICS national industry in sector 52 Finance and Insurance

525110 Pension Funds

NAICS 525110 is the US industry code for pension funds. It covers legal entities (i.e., funds, plans, and/or programs) organized to provide retirement income benefits exclusively for the sponsor's employees or members.

Code: 525110 (2022 NAICS)
Title: Pension Funds
Part of: Insurance and Employee Benefit Funds
SBA small business limit: Average annual receipts up to $40 million
Closest UK SIC: 65300 (details)

Changes coming. The NAICS 2027 revision applies to data from 1 January 2027, and SBA proposed new size standards on 20 August 2026. The values on this page are the ones in force today; we update this page when the official files change.

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.

Examples Census gives

Employee benefit plans
Retirement plans
Pension funds and plans

Source: US Census Bureau, 2022 NAICS descriptions.

When to use a different code

Census classifies these close-sounding activities somewhere else. Businesses mainly engaged in:

Managing portfolios of pension funds are classified in Industry 523940, Portfolio Management and Investment Advice.
Initially underwriting annuities are classified in U.S. Industry 524113, Direct Life Insurance Carriers.

Source: US Census Bureau, 2022 NAICS cross-references.

Activities listed under 525110

The Census index assigns these 8 activities to this code. If your business matches one, this is your code.

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

Source: US Census Bureau, 2022 NAICS index file.

SBA size standard for 525110

To count as a small business for SBA loans and federal contracts under NAICS 525110, your business (including affiliates) must not exceed $40 million in average annual receipts. Check your business.

Source: SBA table of size standards, effective March 17, 2023.

Closest UK SIC 2007 codes

There is no official one-to-one link between NAICS and UK SIC. These codes share the same international class (ISIC Rev. 4: 6530), so treat them as a starting point and check the definition.

65300Pension fundingUK SIC

Built from Census concordances 2022→2017 NAICS and 2017 NAICS→ISIC Rev. 4.

Similar codes to compare

Data last changed November 14, 2026. How this page is built.