Finance and Insurance › Funds, Trusts, and Other Financial Vehicles › Insurance and Employee Benefit Funds
Sector
Finance and Insurance
Subsector
Funds, Trusts, and Other Financial Vehicles
Industry Group
Insurance and Employee Benefit Funds
National Industry (This Code)
Pension Funds
Source: U.S. Census Bureau 2022 NAICS
Based on SBA Table of Small Business Size Standards (2024)
Size Standard
$40M average annual receipts
Measurement Period
3-year average
Standard Type
Revenue-Based
Applies To
All contracts under NAICS 525110
Set-Aside Programs
8(a), WOSB, HUBZone, SDVOSB
Certification Required
No (self-certify in SAM.gov)
Size standards are set by the SBA and reviewed periodically. Always verify at SBA.gov before bidding.
The following activities are classified elsewhere in the NAICS system:
NAICS code 525110 — Pension Funds — 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 Insurance and Employee Benefit Funds 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 $40M average annual receipts, your business must be at or below this threshold to qualify as a small business for set-aside contracts under NAICS 525110.
NAICS code 525110 is 'Pension Funds', classified under the Finance and Insurance sector (NAICS 52). 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. Illustrative Examples:
The SBA defines a small business under NAICS code 525110 (Pension Funds) as one with $40M average annual receipts. This size standard determines eligibility for small business set-aside contracts, 8(a), HUBZone, WOSB, and SDVOSB programs in SAM.gov.
To register NAICS code 525110 in SAM.gov: (1) Log in at sam.gov, (2) Navigate to your Entity Registration, (3) Go to the Assertions section, (4) Add 525110 (Pension Funds) to your NAICS code list. You may designate one code as your Primary NAICS code.
Other codes in Insurance and Employee Benefit Funds
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