Finance and Insurance ·NAICS 524292

NAICS 524292 · IRS SOI 2023 · Census CBP

Third Party Administration of Insurance and Pension Funds - Industry Benchmarks

44 SBA loans on record, $33M in volume, for NAICS 524292.

20.1%
Finance and Insurance sector margin
N/A
Workers employed
N/A
Avg payroll / employee
$33M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 524292

New York leads Third Party Administration of Insurance and Pension Funds activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Finance and Insurance sector runs a 20.1% net margin.

20.1%
Finance and Insurance sector margin (IRS SOI)
N/A
Workers employed (Census CBP)
N/A
Avg payroll / employee
$33M
SBA lending, FY20–26

Benchmarking Insights for Third Party Administration of Insurance and Pension Funds

Third Party Administration of Insurance and Pension Funds sits inside Finance and Insurance, a sector that runs a 20.1% net margin overall.

6,151 establishments employ N/A workers. New York leads employment, followed by Ohio and Tennessee.

Employment

N/A

Total employees (Census CBP)

Avg Payroll / Employee

N/A

Annual compensation

Establishments

6,151

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

establishment count decreased by 1,542. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Financial Detail

Top States by Employment

State Employment
New York 20,280
Ohio 13,319
Tennessee 5,463
Kentucky 4,779
Iowa 3,382
Arkansas 1,671
New Hampshire 1,229
Nebraska 814
Idaho 638
Maine 467

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

44

Total Loan Volume

$33M

Avg Loan Size

$755K

Jobs Supported

638

Program Breakdown

7(a) 39 (89%)
504 5 (11%)

Top SBA Lender

Readycap Lending, LLC

3 loans in this industry

New Business Share

18.2% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
6
2021
4
2022
8
2023
10
2024
8
2025
7
2026
1

Frequently Asked Questions

How profitable is Third Party Administration of Insurance and Pension Funds?
IRS SOI doesn't publish margin data at the NAICS 524292 level. New York leads this industry nationally. The broader Finance and Insurance sector runs a 20.1% net margin (IRS SOI 2023).
How many businesses are in Third Party Administration of Insurance and Pension Funds?
6,151 business establishments.
What is the average payroll per employee in Third Party Administration of Insurance and Pension Funds?
Average payroll data for Third Party Administration of Insurance and Pension Funds is not available in the current Census CBP dataset.
Which states have the most Third Party Administration of Insurance and Pension Funds employment?
New York leads with 20,280 workers. Ohio (13,319) and Tennessee (5,463) round out the top three.
How much SBA lending does Third Party Administration of Insurance and Pension Funds receive?
Third Party Administration of Insurance and Pension Funds businesses received 44 SBA loans totaling $33 million between FY2020 and FY2026. The average loan size was $755K. These loans supported 638 jobs at origination. Most lending (89%) came through the SBA 7(a) program.

Benchmarking Third Party Administration of Insurance and Pension Funds

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.

Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023

NAICS 524292 · Data year: 2023

According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.

Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023

Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.