Mark Horner

52 Finance and Insurance

525110 Pension Funds

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:

Employee benefit plans
Retirement plans
Pension funds and plans

Average Jobs Employed 8
Average Loan Given $129,740
Number of Loans Given 260
Total Amount Loaned $33,732,398

Managing portfolios of pension funds are classified in Industry 523920, Portfolio Management.

Initially underwriting annuities are classified in U.S. Industry 524113, Direct Life Insurance Carriers.