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Industries at a Glance
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Funds, Trusts, and Other Financial Vehicles: NAICS 525
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About the Funds, Trusts, and Other Financial Vehicles subsector
The funds, trusts, and other financial vehicles subsector is part of the finance and insurance sector.
Industries in the Funds, Trusts, and Other Financial Vehicles subsector are comprised of legal entities (i.e., funds, plans, and/or programs) organized to pool securities or other assets on behalf of shareholders or beneficiaries of employee benefit or other trust funds. The portfolios are customized to achieve specific investment characteristics, such as diversification, risk, rate of return, and price volatility. These entities earn interest, dividends, and other investment income, but have little or no employment and no revenue from the sale of services.
North American Industry Classification System
The funds, trusts, and other financial vehicles subsector consists of these industry groups:
- Insurance and Employee Benefit Funds: NAICS 5251
- Other Investment Pools and Funds: NAICS 5259
Workforce Statistics
This section provides information relating to employment in funds, trusts, and other financial vehicles. These data are obtained from employer or establishment surveys. The following tables present an overview of the industry including the number of jobs, data for occupations common to the industry, and projections of occupational employment change.
Employment by Occupation
| Data series | Employment, 2024 |
|---|---|
| 1,750 | |
| 1,090 | |
(Source: Occupational Employment and Wage Statistics)
Projections
For projected (future) employment estimates, see the National Employment Matrix, which includes employment estimates by industry and occupation for funds, trusts, and other financial vehicles.
(Source: Office of Occupational Statistics and Employment Projections)
Earnings by Occupation
| Data series | Wages, 2024 | |||
|---|---|---|---|---|
| Hourly | Annual | |||
| Median | Mean | Median | Mean | |
| $46.56 | $54.47 | $96,830 | $113,300 | |
| $27.15 | $27.47 | $56,470 | $57,140 | |
(Source: Occupational Employment and Wage Statistics)
Workplace Trends
This section presents data on the number of establishments in funds, trusts, and other financial vehicles.
Establishments
| Data series | Back data |
4th quarter 2023 |
1st quarter 2024 |
2nd quarter 2024 |
3rd quarter 2024 |
|---|---|---|---|---|---|
Number of establishments |
|||||
|
10,006 | (p)9,845 | (p)10,339 | (p)10,553 | |
|
|
24 | (p)25 | (p)24 | (p)24 | |
|
|
10 | (p)9 | (p)9 | (p)9 | |
|
|
1 | (p)1 | (p)1 | (p)1 | |
|
Footnotes |
|||||
(Source: Quarterly Census of Employment and Wages)
Productivity
This section presents productivity and related data for the industry, presented as the percent change from the previous year. Measures of total factor productivity (TFP) compare growth in output to the growth in a combination of inputs that include labor, capital, energy, materials, and services. Measures of labor productivity, or output per hour, compare the growth in output to the growth in hours worked.
| Data series | Back data |
2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
|
|
-0.9 | 11.2 | -11.0 | -5.1 | |
|
|
0.4 | 6.4 | 0.1 | 8.5 | |
|
|
1.4 | -4.3 | 12.4 | 14.4 | |
|
|
-29.9 | 32.1 | 21.2 | 20.0 | |
|
|
12.9 | 18.1 | 23.7 | 10.0 | |
|
|
-10.3 | -10.8 | -19.0 | -1.2 |
(Source: Productivity)
Data extracted on: May 20, 2025