2022 NAICS national industry in sector 52 Finance and Insurance
525120 Health and Welfare Funds
NAICS 525120 is the US industry code for health and welfare funds. It covers 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.
- Code
- 525120 (2022 NAICS)
- Title
- Health and Welfare Funds
- Part of
- Insurance and Employee Benefit Funds
- SBA small business limit
- Average annual receipts up to $40 million
- Closest UK SIC
- 64301, 64302, 64303, 64304 and 2 more (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 medical, surgical, hospital, vacation, training, and other health- and welfare-related employee benefits exclusively for the sponsor's employees or members.
When to use a different code
Census classifies these close-sounding activities somewhere else. Businesses mainly engaged in:
- Managing portfolios of health and welfare funds are classified in Industry 523940, Portfolio Management and Investment Advice.
- Providing pharmacy benefit management services and other third party claims administration of health and welfare plans are classified in U.S. Industry 524292, Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds.
Activities listed under 525120
The Census index assigns these 5 activities to this code. If your business matches one, this is your code.
- Employee benefit plans (except pension)
- Funds, health and welfare
- Health and welfare funds
- Plans, health- and welfare-related employee benefit
- Union health and welfare funds
SBA size standard for 525120
To count as a small business for SBA loans and federal contracts under NAICS 525120, 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: 6430), so treat them as a starting point and check the definition.
- 64301Activities of investment trustsUK SIC
- 64302Activities of unit trustsUK SIC
- 64303Activities of venture and development capital companiesUK SIC
- 64304Activities of open-ended investment companiesUK SIC
- 64305Activities of property unit trustsUK SIC
- 64306Activities of real estate investment trustsUK 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.