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.

525120 Health and Welfare Funds

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.

Average Jobs Employed 16
Average Loan Given $229,232
Number of Loans Given 219
Total Amount Loaned $50,201,718

Managing portfolios of health and welfare funds are classified in Industry 523920, Portfolio Management.

Third party claims administration of health and welfare plans are classified in U.S. Industry 524292, Third Party Administration of Insurance and Pension Funds.

525190 Other Insurance Funds

This industry comprises legal entities (i.e., funds (except pension, and health- and welfare-related employee benefit funds)) organized to provide insurance exclusively for the sponsor, firm, or its employees or members. Self-insurance funds (except employee benefit funds) and workers' compensation insurance funds are included in this industry.

Average Jobs Employed 8
Average Loan Given $95,737
Number of Loans Given 317
Total Amount Loaned $30,348,624

Legal entities (i.e., funds, plans, and/or programs) organized to provide retirement income benefits exclusively for the sponsor's employees or members are classified in Industry 525110, Pension Funds;

Legal entities (i.e., funds, plans, and/or programs) organized to provide health- and welfare-related employee benefits exclusively for the sponsor's employees or members are classified in Industry 525120, Health and Welfare Funds;

Establishments primarily engaged in managing portfolios of insurance funds are classified in Industry 523920, Portfolio Management;

Establishments primarily engaged in third party claims administration of insurance and other employee benefit funds are classified in U.S. Industry 524292, Third Party Administration of Insurance and Pension Funds.

Establishments primarily engaged in providing insurance on a fee or contract basis are classified in Industry Group 5241, Insurance Carriers.