Management of Companies and Enterprises in Utah

Management of Companies and Enterprises (NAICS 5511) in Utah reports 26,147 workers across 527 establishments, with $3.3B of aggregate annual payroll flowing through Census CBP 2023 filings. That represents 0.7% of national employment for this industry, a concentration ratio that tells you whether Utah is a primary labor market for this NAICS code or a smaller satellite. A share above 5% signals a meaningful regional cluster; below 1% usually means the state is not a structural fit for this industry at scale.

Wage benchmarking is where state-level data earns its keep. The average annual compensation for Management of Companies and Enterprises employees in Utah is $126,225/yr, versus a national average of $128,997/yr. Utah pays below the national average for this industry, common in lower cost-of-living states or where the industry has a smaller, less specialized local workforce.

Profitability data is only available at the national level because the IRS Statistics of Income program does not publish state-level margin breakdowns. The national net profit margin for Management of Companies and Enterprises is 71.8%, and while margins do vary by state, the direction of variance usually follows labor cost and establishment size, both shown above. For a complete picture, pair this state-industry view with the Management of Companies and Enterprises national page (entity structure, SBA lending, sub-industries) and the Utah overview (top employers, payroll dispersion across industries).