NAICS Code 551111 — Offices of Bank Holding Companies

National Industry in the official 2022 North American Industry Classification System (U.S. Census Bureau). It is one of 3 national industries under 55111 (Management of Companies and Enterprises).

Code551111
TitleOffices of Bank Holding Companies
LevelNational Industry (6-digit)
EditionNAICS 2022 edition
SBA size standard$38.5 million in average annual receipts

Official definition (2022 NAICS)

This U.S. industry comprises legal entities known as bank holding companies primarily engaged in holding the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing the management decisions of these firms. The holding companies in this industry do not administer, oversee, and manage other establishments of the company or enterprise whose securities they hold.

Is a business under 551111 "small"?

Under the SBA size standards (13 CFR 121.201, effective March 17, 2023), a business classified in NAICS 551111 qualifies as a small business if it does not exceed $38.5 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 551111 sits in the hierarchy

LevelCodeTitle
Sector55Management of Companies and Enterprises
Subsector551Management of Companies and Enterprises
Industry Group5511Management of Companies and Enterprises
NAICS Industry55111Management of Companies and Enterprises
National Industry551111Offices of Bank Holding Companies

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

Not sure this is the right code?

Describe your business in plain English with the free NAICS code lookup, convert legacy codes with the SIC to NAICS crosswalk, or classify in bulk via the API (25 free calls/month).

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.