NAICS 525120: Health and Welfare Funds
National industry
SBA small business size standard: $40 million in average annual receipts
Code facts
- Part of
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52
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525
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5251
- 52512
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5251
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525
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52
- Contract awards
- 25 In the last 12 months
- Contract obligations
- $3,066,357 In FY2025
NAICS codes and definitions come from the U.S. Census Bureau, size standards from the SBA and contract spending from SAM.gov/FPDS.
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $0 |
| FY2026 | $7,226,246 |
| FY2025 | $3,066,357 |
| FY2024 | $9,100,888 |
| FY2023 | $21,490,008 |
Top contractors by obligations
| Rank | Contractor | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | American Life Insurance Co (Dubai Branch) | $2,623,464 | |
| 2 | National Academy Of Sciences | $2,000,000 | |
| 3 | NY Havana | $224,134 | |
| 4 | New Jersey Department Of Health | $46,336 | |
| 5 | Iowa Department Of Health And Human Services | $19,447 |
Top funding agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of State | $5,166,233 | |
| 2 | Department of Health and Human Services | $2,065,783 |
Top PSC codes by obligations
| Rank | PSC code | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | G007 Government Health Insurance Programs | $4,140,929 | |
| 2 | B529 Scientific Data Studies | $2,000,000 | |
| 3 | AN41 Health R&D Services; Health Care – Other; Basic Research | $496,968 | |
| 4 | G006 Government Life Insurance Programs | $448,874 | |
| 5 | G009 Non-Government Insurance Programs | $88,168 | |
| 6 | R702 Data Collection Services | $65,783 |
Contract obligations by state
| Rank | Place of performance | Obligated, last 12 months | Share |
|---|---|---|---|
| 1 | Maryland | $2,000,000 | |
| 2 | New Jersey | $46,336 | |
| 3 | Iowa | $19,447 |
Shares are of everything obligated under NAICS 525120 in the last 12 months before deobligations, including work performed abroad or with no place of performance on record.
Contract opportunities
Show all 17
Definition
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.
Illustrative examples
- Employee benefit plans (except pension)
- Funds, health and welfare
- Health and welfare funds
- Plans, health and welfare related employee benefit
- Union health and welfare funds
Quick answers
What is NAICS 525120?
NAICS 525120 is Health and Welfare Funds, a national industry in NAICS 52, Finance and Insurance.
What is the NAICS code for health and welfare funds?
The NAICS code for health and welfare funds is 525120, Health and Welfare Funds.
What is the NAICS code for union health and welfare funds?
The NAICS code for union health and welfare funds is 525120, Health and Welfare Funds.
What is the NAICS code for employee benefit plans (except pension)?
The NAICS code for employee benefit plans (except pension) is 525120, Health and Welfare Funds.
How much do federal agencies spend under NAICS 525120?
Federal contracts under NAICS 525120 obligated $3,066,357 in fiscal year 2025 and $40,883,500 in fiscal years 2023 through 2027.
Who are the largest contractors under NAICS 525120?
The contractors with the most obligated under NAICS 525120 in fiscal years 2026 and 2027 are American Life Insurance Co (Dubai Branch) ($2,623,464), National Academy Of Sciences ($2,000,000) and NY Havana ($224,134).
Which agencies buy the most under NAICS 525120?
The agencies that obligated the most under NAICS 525120 in fiscal years 2026 and 2027 are Department of State ($5,166,233) and Department of Health and Human Services ($2,065,783).
Which PSC codes are used with NAICS 525120?
The PSC codes with the most obligated under NAICS 525120 in fiscal years 2026 and 2027 are G007 Government Health Insurance Programs, B529 Scientific Data Studies and AN41 Health R&D Services; Health Care – Other; Basic Research.
Where is the work under NAICS 525120 performed?
By place of performance, the states with the most contract obligations under NAICS 525120 over the last 12 months are Maryland ($2,000,000), New Jersey ($46,336) and Iowa ($19,447).
What is the latest contract opportunity under NAICS 525120?
The latest contract opportunity under NAICS 525120 is Notice of Intent to Sole Source Extension of the Period of Performance of the U. S. Embassy Lilongwe Agreement with the Medical Aid Society of Malawi (MASM) for Locally Employed Staff Health Insurance for Eight Months from April through November 2025, award notice from Department of State, posted March 13, 2025.
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