2022 Edition

national industry 525120

Health and Welfare Funds

Overview

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.

The immediate parent of national industry 525120 is international industry 52512: Health and Welfare Funds

2022 NAICS Edition 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.

Sub-Descriptions

  1. 525120 - Employee benefit plans (except pension)
  2. 525120 - Funds, health and welfare
  3. 525120 - Health and welfare funds
  4. 525120 - Plans, health- and welfare-related employee benefit
  5. 525120 - Union health and welfare funds

History

The NAICS editions in which this code was present are indicated below. In the event that a code was changed from the prior edition the equivalent value in that edition is provided for reference.

Edition Existed Equivalent Value
2002 525120
2007 525120
2012 525120
2017 525120
2022 525120

Standard Industrial Classification (SIC) Mappings

  1. 6371 - Pension, Health, and Welfare Funds

Insurance Industry Mappings

The US Property and Casualty Insurance Industry may use the following classification descriptions which might encompass national industry 525120, Health and Welfare Funds:

  1. charitable or welfare organization
  2. employee benefit plan labor union
  3. finance and insurance
  4. fund trust and other financial vehicle
  5. health and welfare fund
  6. health and welfare fund naic
  7. insurance and employee benefit fund
  8. pension health and welfare fund
  9. pension health and welfare plan labor union
  10. pension health and welfare plan other than labor union
  11. pension welfare retirement benefit fund for labour union
  12. pension welfare retirement benefit fund labour union
  13. pension welfare retirement benefit fund not for labour union
  14. pension welfare retirement benefit fund not labour union
  15. retirement pension welfare benefit fund labour union
  16. retirement pension welfare benefit fund not labour union
  17. welfare pension retirement benefit fund labour union
  18. welfare pension retirement benefit fund not labour union

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What's the difference between HD and SD? See our methodology.