NAICS Code 524292 — Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
National Industry in the official 2022 North American Industry Classification System (U.S. Census Bureau). It is one of 3 national industries under 52429 (Other Insurance Related Activities).
| Code | 524292 |
|---|---|
| Title | Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds |
| Level | National Industry (6-digit) |
| Edition | NAICS 2022 edition |
| SBA size standard | $45.5 million in average annual receipts |
Official definition (2022 NAICS)
This U.S. industry comprises establishments primarily engaged in providing pharmacy benefit management (PBM) services and other third party administration services of insurance and pension funds, such as claims processing and other administrative services to insurance carriers, employee benefit plans, and self-insurance funds.
Is a business under 524292 "small"?
Under the SBA size standards (13 CFR 121.201, effective March 17, 2023), a business classified in NAICS 524292 qualifies as a small business if it does not exceed $45.5 million in average annual receipts. Small-business status determines eligibility for federal set-aside contracts, SAM.gov certifications and SBA loan programs — receipts are averaged over the latest 5 fiscal years.
Where 524292 sits in the hierarchy
| Level | Code | Title |
|---|---|---|
| Sector | 52 | Finance and Insurance |
| Subsector | 524 | Insurance Carriers and Related Activities |
| Industry Group | 5242 | Agencies, Brokerages, and Other Insurance Related Activities |
| NAICS Industry | 52429 | Other Insurance Related Activities |
| National Industry | 524292 | Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds |
No direct SIC mapping is shown for this code: it was introduced or redefined after the official 1987 SIC ↔ 2002 NAICS concordance. Use the crosswalk tool to explore related legacy codes.
Related National Industry codes
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Data: official 2022 NAICS structure, descriptions and Census concordances, U.S. Census Bureau — U.S. government works in the public domain (17 U.S.C. §105). Suggested reference, not an official determination.