Skip to main contentPsst! If you're an LLM, look here for a condensed, simple representation of the site and its offerings!

LiveFree Webinar — Wednesday, September 2 at 2:00 PM EDT

Register Free →
logo
Get CLEATUS
← Back to NAICS Codes
NAICS Code· 525120

NAICS 525120: Health and Welfare Funds

This industry comprises legal entities (i.e., funds, plans, and/or programs) organized to provide medical, surgical, hospital, vacation, training, and other health- and welfare-related employee benefits exclusively for the sponsor's employees or members. Cross-References. Establishments primarily engaged in--Show more

NAICS 525120 – Health and Welfare Funds covers the administration and management of trust funds established to provide health, social, and welfare benefits to specific populations, often through federally sponsored programs. These funds are typically structured as nonprofit entities or special-purpose vehicles that disburse resources for medical care, mental health services, maternal and child health initiatives, disability support, and community-based welfare programs.

1
Active Contracts
$4.2M
Total Obligations (12mo)
26
Awarded Contracts (12mo)
9
Contractors Awarded (12mo)
1
Median Bidders per Award
-37.3%
YoY Growth

Industry Spending Overview

Federal obligations, top contractors and agencies, and related industry codes for NAICS 525120.

AI Industry Description

NAICS 525120 – Health and Welfare Funds covers the administration and management of trust funds established to provide health, social, and welfare benefits to specific populations, often through federally sponsored programs. These funds are typically structured as nonprofit entities or special-purpo...

NAICS 525120 – Health and Welfare Funds covers the administration and management of trust funds established to provide health, social, and welfare benefits to specific populations, often through federally sponsored programs. These funds are typically structured as nonprofit entities or special-purpose vehicles that disburse resources for medical care, mental health services, maternal and child health initiatives, disability support, and community-based welfare programs. In government contracting, this NAICS code applies to entities that provide fiduciary, compliance, grant management, and operational support services to these funds, ensuring adherence to federal regulations such as those under the Social Security Act or Title X. While not a direct service provider, this sector plays a critical back-end role in enabling the delivery of public health and social services through financial stewardship and program governance. The leading contractor in this space is RM ADVISORY SERVICES, LLC, a specialized firm offering fiduciary administration, financial reporting, and regulatory compliance services tailored to health and welfare trust funds. The competitive landscape is concentrated among small businesses and niche advisory firms with deep expertise in federal benefit program structuring, rather than large primes. The Agency for International Development is the primary federal buyer in this NAICS, leveraging these funds to support international health and social welfare initiatives under global development programs. Demand is driven by foreign assistance mandates requiring transparent, accountable disbursement mechanisms for maternal health, HIV/AIDS programs, and nutrition security projects abroad. The market is characterized by low contractor density and high regulatory complexity, presenting opportunities for firms with proven experience in trust fund governance, audit readiness, and cross-border benefit administration. Contractors with expertise in federal grant compliance, fund accounting, and international development finance are best positioned to compete in this specialized, mission-critical segment.

Top Contractors

Companies with the highest total award value under NAICS 525120, ranked by dollars won.

Ranked by total awards
CompanyTotal AwardsContracts
MISCELLANEOUS FOREIGN AWARDEES$2.0M11
AMERICAN LIFE INSURANCE CO (DUBAI BRANCH)$2.0M6
NY HAVANA$148K3
HEALTH, NEW JERSEY DEPARTMENT OF$46K1
IOWA DEPARTMENT OF HEALTH AND HUMAN SERVICES$19K1
GOVERNMENT SCIENTIFIC SOURCE INC$12K1
HEALTHEQUITY, INC.$6K1
METHEALTH NAMIBIA ADMINISTRATORS (PROPRIETARY) LIMITED$01
AMREF HEALTH AFRICA$01

Top Agencies

Federal agencies directing the most contract spending toward NAICS 525120.

Department Of State23 awards$4.2M
Department Of Health And Human Services2 awards$66K
District Of Columbia Courts1 award$6K

Competition

How many companies historically bid on federal awards in NAICS 525120, from bidder counts reported on USAspending.

Usually Single-Bid

Half or more of reported awards drew exactly one bidder, usually a sign of incumbent-held work rather than an open field. · 2,946 reported awards

Median Bidders

1

Per reported award, all-time

Single-Bid Awards

88%

Share of reported awards with one bidder

10+ Bidder Awards

1%

Share of reported awards with 10+ bidders

Reported Awards

0

92% of 3,200 total awards

How this code compares up the NAICS hierarchy. Parent cohorts pool every code under their prefix, so they are the steadier baseline when a 6-digit sample is thin.

Industry FamilyCompetitionMedian BiddersSingle-BidBidder MixReported Awards
525120This Code
Health and Welfare Funds
Usually Single-Bid188%
2,94692% of 3,200
52512NAICS Industry
Usually Single-Bid188%
2,94692% of 3,200
5251Industry Group
Insurance and Employee Benefit Funds
Usually Single-Bid187%
3,18092% of 3,451
525Subsector
Usually Single-Bid184%
3,65092% of 3,972
52Sector
Finance and Insurance
Usually Single-Bid171%
55,82685% of 65,508

Bidder counts reported on past federal awards in this NAICS (USAspending). An open opportunity has no bidders yet, so this is the historical norm for similar work, not a fact about this solicitation. Not all awards report bidder counts, and fewer bidders often means incumbent-held work rather than an easier win. Federal reporting of bidder counts fell from ~96% of awards (FY2016) to ~30% (FY2018 onward); the chart shows shares of reported awards, and washed-out stretches mark years with fewer than 30 of them.

Related NAICS Codes

Industries similar to Health and Welfare Funds, by shared sector, subsector, and industry group.

Pension Funds

This industry comprises legal entities (i.e., funds, plans, and/or programs) organized to provide re...
525110Same Industry GroupHigh Similarity

Other Insurance Funds

This industry comprises legal entities (i.e., funds (except pension, and health- and welfare-related...
525190Same Industry GroupHigh Similarity

Open-End Investment Funds

This industry comprises legal entities (i.e., open-end investment funds) organized to pool assets th...
525910Same SubsectorMedium Similarity

Trusts, Estates, and Agency Accounts

This industry comprises legal entities, trusts, estates, or agency accounts, administered on behalf ...
525920Same SubsectorMedium Similarity

Other Financial Vehicles

This industry comprises legal entities (i.e., funds (except insurance and employee benefit funds; op...
525990Same SubsectorMedium Similarity

Monetary Authorities-Central Bank

This industry comprises establishments primarily engaged in performing central banking functions, su...
521110Same SectorMedium Similarity

Commercial Banking

This industry comprises establishments primarily engaged in accepting demand and other deposits and ...
522110Same SectorMedium Similarity

Credit Unions

This industry comprises establishments primarily engaged in accepting members' share deposits in coo...
522130Same SectorMedium Similarity

Explore contracts across multiple NAICS codes Browse all NAICS Codes

Ready to Win 525120 Contracts?

Transform opportunities in Health and Welfare Funds into winning contracts

Advanced search and filtering for NAICS 525120 contracts and opportunities

AI-powered contract matching based on your business capabilities and past performance

Real-time market intelligence, historical award data, and competitive analysis

Automated alerts when new opportunities are posted in your industry classification

Miguel
Hillary
Keith Deutsch
Christine

Join 650+ contractors already using CLEATUS

Dotted
NAICS 525120 FAQ

Frequently Asked Questions

NAICS code 525120 covers Health and Welfare Funds. This industry comprises legal entities (i.e., funds, plans, and/or programs) organized to provide medical, surgical, hospital, vacation, training, and other health- and welfare-related employee benefits exclusively for the sponsor's employees or members. Cross-References. Establishments primarily engaged in--

Recently Posted in Health and Welfare Funds

NAICS: 525120
Closed
SLED
Stop Loss Health and Welfare Request for Proposal
Solicitation # HR2026-06
The Upper Trinity Regional Water District, a political subdivision of Texas serving the Denton County area, is soliciting proposals for Stop Loss Health and Welfare services beginning October 1, 2026, under solicitation number HR2026-06-UTRWD. The procurement is classified under NAICS code 525120 and is managed through the Texas SmartBuy portal, with submissions required via the IONWAVE platform at https://utrwd.ionwave.net/Login.aspx. Proposals must be submitted by July 2, 2026, at 10:00 AM Central Time, and questions regarding the solicitation must be received no later than June 11, 2026, at 5:00 PM Central Time. The contract does not specify a duration beyond the start date, nor does it include details on pricing, evaluation criteria, deliverables, inspection standards, or contract clause requirements. All communications and inquiries should be directed to Mandie Hussel or Jan Morris at the district’s Lewisville office, with supporting contact information provided through phone and email. The district has not disclosed the estimated contract value, specific performance location beyond the state of Texas, or requirements related to representations, certifications, packaging, or special conditions. No attachments or detailed statements of work are included in the available documentation, leaving key elements of the scope, acceptance, and administration undefined in the public solicitation package.
UPPER TRINITY REGIONAL WATER DISTRICT

POSTED

about 2 months ago

CLOSED

about 2 months ago
View Details
NAICS: 525120
Closed
SLED
RFQ: Employee Benefits (Dental)
Solicitation # 819
The California State University (CSU) is issuing a Request for Qualifications (RFQ) to identify qualified dental benefit providers capable of participating in a future Request for Proposal (RFP) for statewide dental coverage. This RFQ is strictly an evaluation of respondents’ qualifications, operational capabilities, provider networks, financial stability, and technical resources, and is not a solicitation for pricing or a commitment to award a contract. The CSU system serves approximately 67,000 eligible employees and retirees across 22 campuses, with benefits administered by the Office of the Chancellor in Long Beach. Employees are divided into five categories, with represented staff covered by thirteen collective bargaining units, and dental coverage is determined through either collective bargaining agreements or Board of Trustees resolutions. Current dental benefits are provided exclusively by Delta Dental of California under fully insured, experience-rated PPO and HMO plans, with active employee and retiree plans currently noncontributory. Respondents must demonstrate the ability to integrate with the State Controller’s Office and CalPERS for premium payment processing via electronic payroll deduction files, and failure to comply with these integration requirements will result in disqualification. All qualified respondents will be granted access to confidential procurement information and may be invited to respond to the subsequent RFP, though qualification does not guarantee selection or award. Submission deadlines for qualifications are firm, with responses due by July 10, 2026, and submissions must be made exclusively through the CSUBUY portal; no other information or communication regarding this RFQ will be provided outside this platform. Respondents must be prepared to meet additional contractual obligations that will be detailed in the upcoming RFP, including compliance with state-specific data handling and administrative requirements. While the RFQ does not include pricing terms or detailed specifications beyond the integration mandates with SCO and CalPERS, future contract performance will require adherence to state procurement protocols, including proper invoicing, contractual reporting, and coordination with state payment systems. The contract will involve managing eligibility tiers for both active employees and retirees, accommodating the FlexCash option for employees with alternative dental coverage, and maintaining systems capable of handling premium calculations and disbursements based on specific plan codes. Providers must also be prepared to comply with mandatory insurance, security, confidentiality, and data return provisions that will be formalized in the subsequent solicitation, including obligations around lawful employment status, intellectual property indemnification, and response protocols for legal requests involving state data. The CSU reserves broad discretion to modify, postpone, cancel, or reissue the RFQ, qualify or
CSU Systemwide Offices

POSTED

2 months ago

CLOSED

about 2 months ago
View Details
NAICS: 525120
Closed
International
2025068OPS-RFP-Employee/Retiree Group Benefits
Solicitation # 2025068OPS-RFP
The University of Ottawa, as Canada’s largest bilingual university and a key institution in the nation’s capital, seeks proposals for its 2025068OPS-RFP-Employee/Retiree Group Benefits program, emphasizing its commitment to serving employees and retirees in both official languages. The contract encompasses two distinct streams: Stream 1 includes a full suite of group benefits such as basic and optional life insurance for employees and their dependents, basic and supplemental long-term disability coverage, extended health care with optional hospital benefits, basic and enhanced dental plans, a health care spending account, optional accidental death and dismemberment coverage, and provincial coverage replacement. Stream 2 specifically covers telemedicine services. Retirees are eligible for continued basic life, extended health care, dental, and health care spending account benefits up to age 65, with optional hospital coverage available in one division. All employee communications must be provided in both English and French to align with the University’s bilingual mandate. Proposals must clearly specify which stream or streams are being offered, and all submissions are to be made through the Merx platform by the deadline of June 19, 2026, at 8:00 PM Eastern Time. The solicitation, issued under NAICS code 525120, is posted on CanadaBuys and Merx, with potential fees for access to bidding documents. The contracting authority is Yoann Fleurance, reachable via email at yfleuran@uottawa.ca. The University, located at the heart of Ottawa, leverages its proximity to national institutions and its reputation in social sciences, health, engineering, and the humanities to support a diverse and dynamic workforce, ensuring benefits are structured to meet the needs of an English- and French-speaking population within a multicultural context.
University of Ottawa

POSTED

3 months ago

CLOSED

2 months ago
View Details
NAICS: 525120
Closed
SLED
STC SUPPLEMENTAL BENEFITS
Solicitation # 5400028531
The contract titled "STC SUPPLEMENTAL BENEFITS" is a solicitation issued by the State Fiscal Accountability Authority of South Carolina, with a posting date of May 15, 2026. The solicitation seeks responses by June 29, 2026, at 3:00 PM. While there is no specific NAICS code or set-aside category indicated, the contract is aimed at organizations within the State, Local, and Education (SLED) sectors. The primary point of contact for this solicitation is Portia Davis, who can be reached via the provided email address. The place of performance is within the state of South Carolina; however, no specific city, address, or zip code details are provided. This solicitation focuses on supplemental benefits, suggesting it involves additional or optional benefit programs potentially offered to employees or eligible participants. Interested parties are directed to access further information through the South Carolina Business Opportunities online portal.
State Fiscal Accountability Authority

POSTED

4 months ago

CLOSED

2 months ago
View Details
NAICS: 525120
Closed
SLED
Basic Life/AD&D, Vol Life/AD&D, STD, LTD and Worksite Insurance
Solicitation # RFP-2026-5-3
The City of Waxahachie is inviting qualified vendors to submit proposals for providing ancillary insurance benefits, including basic and voluntary Life and AD&D insurance, short-term and long-term disability, and additional voluntary worksite insurance products. The contract aims to deliver high-quality, competitively priced coverage for approximately 475 employees, emphasizing minimal disruption during the transition, enhanced employee experience, and rate stability over time. Vendors are expected to demonstrate the ability to implement plans efficiently, offer flexible options tailored to employee needs, and provide dependable claims processing and customer support services. This solicitation, identified as RFP-2026-5-3 and posted on May 6, 2026, is managed by the City of Waxahachie's Human Resources department, specifically under the Texas SLED organization. The deadline for vendor responses is May 29, 2026. Primary and secondary points of contact are available to assist interested vendors, ensuring communication and clarification throughout the procurement process. The overall goal is to secure a vendor partnership that supports the City's commitment to its workforce while maintaining cost-effectiveness and service excellence.
Human Resources

POSTED

4 months ago

CLOSED

3 months ago
View Details
NAICS: 525120
Closed
SLED
403(b) Retirement Plan Administration Services
Solicitation # 2526-009
Greenwood School District 50 is seeking proposals from qualified companies to provide administration services for its 403(b) retirement plan. The contract involves managing and overseeing the district's pension plan for employees, ensuring compliance with relevant regulations and efficient handling of participant accounts. Interested vendors must submit their proposals by May 27, 2026, with the solicitation having been posted on April 29, 2026. The services will be performed in South Carolina under the oversight of the district. Prospective providers are encouraged to contact Shealyn Barnes for more information or clarifications regarding the solicitation. The contract targets companies that can demonstrate expertise in retirement plan administration within the public sector, although no specific socioeconomic set-asides or NAICS codes are specified. Further details and submission guidelines are accessible through the South Carolina procurement portal.
Greenwood School District 50

POSTED

4 months ago

CLOSED

3 months ago
View Details
NAICS: 525120
Closed
SLED
Health and Welfare Employee Benefits
Solicitation # 2026-RFP-019
The City of Sugar Land, Texas, serving a diverse and affluent population of over 111,000 residents, has issued a solicitation (2026-RFP-019) for Health and Welfare Employee Benefits through its People & Culture department. This solicitation seeks comprehensive employee benefits services, emphasizing integrated administration and management of health plan components including claims processing, utilization review, case management, and disease management. The City places high value on delivering top-tier services and leveraging innovative, performance-driven solutions to support its highly educated and globally diverse community. Proposals are due by May 14, 2026, and must be submitted electronically via the OpenGov Procurement portal. Evaluation of proposals will be weighted heavily on multiple technical factors totaling 75% of the score, including financial stability (30%), cost containment and innovative solutions (20%), population health management programs (20%), and communication capabilities (5%). This indicates a trade-off basis of award rather than a lowest-price technically acceptable approach. Special contract requirements include firm compliance with ethical standards, conflict of interest disclosures, employee eligibility verification via E-Verify, and certifications related to debarment, drug-free workplace policies, human trafficking, and compliance with Texas legislation concerning scrutinized companies and prohibited boycotts. The contract does not specify pricing or contract value but requires proposals to address detailed service delivery expectations and performance metrics. Deliveries and performance are to occur at City-designated locations, with contractors responsible for safety compliance, site maintenance, and adherence to protective equipment standards consistent with recognized ANSI and OSHA guidelines. The solicitation includes numerous attachments detailing benefit plan specifics, insurance policy terms, and administrative guidelines, underscoring a comprehensive benefits program designed to meet the needs of Sugar Land’s workforce.
People & Culture

POSTED

5 months ago

CLOSED

4 months ago
View Details
NAICS: 525120
Closed
SLED
Voluntary Benefits Insurance ProviderThe contract requires the provision of fully insured voluntary benefits coverage encompassing accident, critical illness, disability, life, and FMLA insurance for a group consisting of approximately 1,500 active employees and 800 retirees. The services are to be delivered as a subcontract to Athens-Clarke County Government in Georgia, addressing the needs of both current employees and former workers, ensuring comprehensive protection across multiple insurance categories. The solicitation was posted on April 13, 2026, with a response deadline set for May 19, 2026. The contract falls under the NAICS code 525120, which pertains to insurance carriers, reflecting its nature within the voluntary benefits insurance sector. While specific organizational details and point of contact information are not included, the contract emphasizes delivering insured benefits products that support the financial security and well-being of the county’s workforce and retirees.
Athens-clarke County Government

POSTED

5 months ago

CLOSED

3 months ago
View Details
NAICS: 525120
Closed
SLED
Employee Benefits
Solicitation # 2026-03
Purchasing

POSTED

5 months ago

CLOSED

4 months ago
View Details
NAICS: 525120
Closed
SLED
Child Welfare Workforce Training & Development
Solicitation # 5862
The Idaho Department of Health and Welfare is requesting proposals for a Child Welfare Workforce Training and Development program, specifically targeting public or non-profit private universities eligible for federal Title IV-E funding. This initiative aims to enhance the skills and capabilities of the child welfare workforce within the state, with the place of performance in Coeur d'Alene, Idaho. The solicitation is identified under number 1188, with proposals due by February 26, 2026. Interested contractors must meet the criteria of being a public or non-profit private university to qualify for the funding structure. The contract falls under the NAICS code 525120 and is managed under state government procurement processes. Kristin Perry serves as the primary point of contact for this solicitation, providing guidance and information for potential applicants. This solicitation presents a strategic opportunity for academic institutions to contribute to improving child welfare services through specialized training and workforce development.
State of Idaho

POSTED

8 months ago

CLOSED

6 months ago
View Details
NAICS: 525120
Closed
SLED
RFI - Health & Welfare Benefit Shared Services
Solicitation # USHE12172025
The Utah System of Higher Education (USHE) has issued a Request for Information (RFI) titled "Health & Welfare Benefit Shared Services" aimed at gathering feedback from potential vendors prior to releasing a formal Request for Proposals (RFP). This RFI seeks to collect industry insights, best practices, and strategic solutions that could facilitate the potential consolidation of employee health and welfare benefit plans across multiple USHE institutions, which currently utilize a variety of carriers, plan designs, and cost structures. The goal is to ensure that any future procurement aligns closely with industry standards and effectively addresses the needs of the institutions involved. The solicitation, identified by number USHE12172025, was posted on December 17, 2025, with responses due by February 1, 2026. It is important to note that this RFI is solely an information-gathering step and does not constitute a procurement or contract award opportunity. The effort is managed by the Utah Division of Purchasing, with the place of performance designated as Salt Lake City, Utah. Additionally, responses submitted are protected under relevant government information statutes, ensuring confidentiality and proper handling of submitted data.
Division of Purchasing

POSTED

9 months ago

CLOSED

7 months ago
View Details
NAICS: 525120
Closed
SLED
EFC - Waystar software support and maintenance
Solicitation # 1164
The Idaho Department of Health and Welfare is seeking an exemption from the usual competitive procurement process to purchase support and maintenance services for Waystar Software. This exemption, if granted by the Department of Purchasing (DOP) Administrator, would allow the agency to acquire these services with limited or no competition, which is intended to streamline the procurement in this specific circumstance. However, the decision to grant the exemption is discretionary and final, with no opportunity for appeal by suppliers. To ensure transparency, suppliers are invited to review the exemption request and provide any relevant information that could influence the Administrator's decision. Contributions should address whether competition would be impractical, unreasonable, or disadvantageous to the State and must be submitted by the specified deadline. The solicitation is identified by number 1164, posted on December 15, 2025, with a response deadline of December 19, 2025. The procurement pertains to services located in Boise, Idaho, and correspondence or submissions can be directed to the DOP Administrator via the provided contact details.
State of Idaho

POSTED

9 months ago

CLOSED

8 months ago
View Details

Win Contracts in Health and Welfare Funds

Get AI-powered intelligence on NAICS 525120 procurement

Real-time contract opportunities for NAICS 525120 (Health and Welfare Funds)

AI-powered matching based on your business capabilities and past performance

Competitive analysis of contractors winning awards in this industry

Automated alerts when new opportunities are posted

Miguel
Hillary
Keith Deutsch
Christine

Join 650+ contractors already using CLEATUS