Trust, Fiduciary, and Custody Activities

📘 Source: U.S. Census Bureau — 2022 NAICS Manual

This U.S. industry comprises establishments primarily engaged in providing trust, fiduciary, and custody services to others, as instructed, on a fee or contract basis, such as bank trust offices and escrow agencies (except real estate).

NAICS code 523991 — Trust, Fiduciary, and Custody Activities — is used in SAM.gov to identify businesses whose primary activity falls within this classification. When you add this code to your SAM.gov entity registration, contracting officers searching for vendors in the Other Financial Investment Activities space will be able to find your business.

If this code represents your primary business activity, designate it as your primary NAICS code. Your primary NAICS code determines your size standard for any contract solicited under this code. With a size standard of $47M average annual receipts, your business must be at or below this threshold to qualify as a small business for set-aside contracts under NAICS 523991.

What is NAICS code 523991?

NAICS code 523991 is 'Trust, Fiduciary, and Custody Activities', classified under the Finance and Insurance sector (NAICS 52). This U.S. industry comprises establishments primarily engaged in providing trust, fiduciary, and custody services to others, as instructed, on a fee or contract basis, such as bank trust offices and e

What is the SBA small business size standard for NAICS code 523991?

The SBA defines a small business under NAICS code 523991 (Trust, Fiduciary, and Custody Activities) as one with $47M average annual receipts. This size standard determines eligibility for small business set-aside contracts, 8(a), HUBZone, WOSB, and SDVOSB programs in SAM.gov.

How do I register NAICS code 523991 in SAM.gov?

To register NAICS code 523991 in SAM.gov: (1) Log in at sam.gov, (2) Navigate to your Entity Registration, (3) Go to the Assertions section, (4) Add 523991 (Trust, Fiduciary, and Custody Activities) to your NAICS code list. You may designate one code as your Primary NAICS code.