Finance and Insurance ·NAICS 524298

NAICS 524298 · IRS SOI 2023 · Census CBP

All Other Insurance Related Activities - Industry Benchmarks

$96,608/yr average annual pay, with 146 SBA loans on record for NAICS 524298.

20.1%
Finance and Insurance sector margin
35K
Workers employed
$96,608/yr
Avg payroll / employee
$62M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 524298

Florida leads All Other Insurance Related Activities 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)
35K
Workers employed (Census CBP)
$96,608/yr
Avg payroll / employee
$62M
SBA lending, FY20–26

Benchmarking Insights for All Other Insurance Related Activities

All Other Insurance Related Activities sits inside Finance and Insurance, a sector that runs a 20.1% net margin overall.

3,089 establishments employ 35,078 workers (11.4/location) at $96,608/yr average annual pay. Florida leads employment, followed by New Jersey and California.

Employment

35,078

Total employees (Census CBP)

Avg Payroll / Employee

$96,608/yr

Annual compensation

Establishments

3,089

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 68; establishment count increased by 54. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Workforce scale

Financial Detail

Annual Payroll (Total)
$3.4B
Avg Employees per Establishment
11.4

Top States by Employment

State Employment
Florida 5,248
New Jersey 3,460
California 3,050
Illinois 2,582
Pennsylvania 1,157
Connecticut 950
Michigan 690
Massachusetts 660
Maryland 489
Arizona 351

Showing top 10 of 50 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

146

Total Loan Volume

$62M

Avg Loan Size

$425K

Jobs Supported

1,056

Program Breakdown

7(a) 137 (94%)
504 9 (6%)

Top SBA Lender

The Huntington National Bank

16 loans in this industry

New Business Share

15.8% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
19
2021
17
2022
15
2023
21
2024
37
2025
33
2026
4

Frequently Asked Questions

How profitable is All Other Insurance Related Activities?
IRS SOI doesn't publish margin data at the NAICS 524298 level. Florida leads this industry nationally. The broader Finance and Insurance sector runs a 20.1% net margin (IRS SOI 2023).
How many businesses are in All Other Insurance Related Activities?
3,089 business establishments. Together they employ 35,078 workers.
What is the average payroll per employee in All Other Insurance Related Activities?
$96,608/yr average annual pay per employee. Businesses average 11.4 employees per establishment.
Which states have the most All Other Insurance Related Activities employment?
Florida leads with 5,248 workers. New Jersey (3,460) and California (3,050) round out the top three.
How much SBA lending does All Other Insurance Related Activities receive?
All Other Insurance Related Activities businesses received 146 SBA loans totaling $62 million between FY2020 and FY2026. The average loan size was $425K. These loans supported 1,056 jobs at origination. Most lending (94%) came through the SBA 7(a) program.

Comparable industry benchmarks

These links are calculated from the current national dataset. They are comparison paths, not recommendations or evidence that businesses operate alike.

How this ranks: Its Census employment total exceeds 46% of that same 801-industry cohort. Calculated by ranking this industry's reported value against every other industry at the same NAICS digit-level, not the whole dataset: comparing a 6-digit detail industry to a 2-digit sector would mix incompatible scales.

Closest workforce scale

Same NAICS detail level, ordered by the smallest difference in reported Census employment.

Benchmarking All Other Insurance Related Activities

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 524298 · 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.