525990 — Other Financial Vehicles
Description
This industry comprises legal entities (i.e., funds (except insurance and employee benefit funds; open-end investment funds; trusts, estates, and agency accounts)). Included in this industry are mortgage real estate investment trusts (REITs).
Illustrative Examples
- Closed-end investment funds
- Special purpose financial vehicles
- Collateralized mortgage obligations (CMOs)
- Unit investment trust funds
- Face-amount certificate funds
- Mortgage real estate investment trusts (REITs)
- Real estate mortgage investment conduits (REMICs)
Exclusions & Cross-References
- Legal entities (i.e., funds, plans, and programs) that provide insurance and employee benefits exclusively
- for the sponsor, firm, or its employees or members are classified in Industry Group 5251, Insurance and
- Employee Benefit Funds;
- Legal entities (i.e., open-end investment funds) organized to pool assets that consist of securities or other
- financial instruments, where the pools are offered to the public in an initial offering with additional shares
- offered continuously and perpetually at a specific price determined by the net asset value, are classified in
- Industry 525910, Open-End Investment Funds;
- Legal entities (i.e., trusts, estates, or agency accounts) administered on behalf of the beneficiaries under the
- terms of a trust agreement, will, or agency agreement are classified in Industry 525920, Trusts, Estates, and
- Agency Accounts; and
- Equity real estate investment trusts (REITs) that are primarily engaged in leasing buildings, dwellings, or
- other real estate property to others are classified in Industry Group 5311, Lessors of Real Estate, based on
Overview Facts
| NAICS Code | 525990 |
|---|---|
| Industry Title | Other Financial Vehicles |
| SBA Size Standard | $40,000,000 |
| U.S. Establishments | 1,652 (Census CBP, 2023) |
| IRS PBA Code | 525990 (exact match) |
| Sectors Hierarchy | Sector 52 → 525 → 5259 |
| Source / Verified | US Census 2022 NAICS Manual, Census CBP / 2026-06-28 |
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→NAICS1997:52599→2002:525990→2007:525990→2012:525990→2017:525990→2022:525990)
- SIC 6726 - Unit Investment Trusts, Face-Amount Certificate Offices, and Closed-End Management Investment Offices (via SIC1987:6726→NAICS1997:52599→2002:525990→2007:525990→2012:525990→2017:525990→2022:525990)
- SIC 6798 - Real Estate Investment Trusts (via SIC1987:6798→NAICS1997:52593→2002:525930→2007:525990→2012:525990→2017:525990→2022:525990)
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 R710 — Financial Services (includes credit card services and any other financial services. See revision to description for code R703 above)
Source: DoD DPCAP PSC Selection Tool (Ingested: 2026-06-29)
Related Resources & Compliance Guides
Further regulatory reference links for NAICS code 525990:
- 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.
- 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.
Related Industries in 5259
Frequently Asked Questions (FAQ)
Is 525990 a valid 2022 NAICS code?
NAICS 525990 is 'Other Financial Vehicles', a 2022 U.S. national industry under Sector 52 (Finance and Insurance); the SBA small-business size standard is $40,000,000.
What is the SBA size standard for NAICS 525990?
The SBA small business size standard for NAICS 525990 is $40,000,000 (based on receipts).
What is the legacy SIC code mapping for 525990?
NAICS code 525990 maps to the legacy 1987 SIC codes: 6371 - Pension, Health, and Welfare Funds, 6726 - Unit Investment Trusts, Face-Amount Certificate Offices, and Closed-End Management Investment Offices, 6798 - Real Estate Investment Trusts.