525120 — Health and Welfare Funds
Description
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 (as defined in the official U.S. Census Bureau 2022 NAICS Manual).
Exclusions & Cross-References
- Managing portfolios of health and welfare funds--are classified in Industry 523940, Portfolio Management
- and Investment Advice; and
- 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.
Overview Facts
Legacy SIC Concordance
Trace the historical mapping chain from the 1987 Standard Industrial Classification (SIC) to the modern 2022 NAICS code format.
- SIC 6371 - Pension, Health, and Welfare Funds (via SIC1987:6371→NAICS1997:52512→2002:525120→2007:525120→2012:525120→2017:525120→2022:525120)
Suggested Product Service Codes (Advisory)
The following Product Service Codes (PSCs) are advisory suggestions aligned with this NAICS code. Note: NAICS and PSC codes map to different dimensions of procurement (industry vs. product/service). There is no official binding 1:1 crosswalk.
- PSC G009 — Non-Government Insurance Programs
Source: DoD DPCAP PSC Selection Tool (Ingested: 2026-06-29)
Frequently Asked Questions (FAQ)
Is NAICS code 525120 valid in 2022? ▾
Yes, 525120 is a valid 6-digit 2022 NAICS national industry code representing 'Health and Welfare Funds' under Sector 52 in the official classification index.
What is the SBA size standard for NAICS code 525120? ▾
The Small Business Administration (SBA) has established a small business size standard of $40,000,000 for NAICS code 525120 (Health and Welfare Funds), calculated based on receipts.
What is the legacy SIC equivalent for NAICS 525120? ▾
According to official Census Bureau concordance tables, NAICS code 525120 (Health and Welfare Funds) maps to legacy 1987 Standard Industrial Classification (SIC) codes: 6371 - Pension, Health, and Welfare Funds.
Related Pages & Tools
Further regulatory reference links for NAICS code 525120:
- Sector 52 Directory Hub — List of related industries in the Finance and Insurance sector.
- SIC ↔ NAICS Crosswalk Tool — Look up mappings between legacy SIC codes and modern classifications.
- NAICS 525120 to SIC Crosswalk — Bidirectional mapping to legacy SIC codes (Health and Welfare Funds).
- SBA Size Standards Guide — Complete rules and averaging periods for small business classifications.
- Calculating Annual Receipts Guide — Detailed worked example of revenue calculation rules.
- IRS Principal Business Activity Guide — How NAICS codes map to corporate and entity tax filings.