NAICS Sector 55

Sector 55

NAICS Sector 55: Management of Companies and Enterprises

Definition of NAICS Sector 55: The Management of Companies and Enterprises sector comprises

  1. NAICS 55Establishments that hold the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing management decisions or
  2. Establishments (except government establishments) that administer, oversee, and manage establishments of the company or enterprise and that normally undertake the strategic or organizational planning and decision making role of the company or enterprise. Establishments that administer, oversee, and manage may hold the securities of the company or enterprise.

Establishments in this sector perform essential activities that are often undertaken in-house by establishments in many sectors of the economy. By consolidating the performance of these activities of the enterprise at one establishment, economies of scale are achieved.

Government establishments primarily engaged in administering, overseeing, and managing governmental programs are classified in Sector 92, Public Administration. Establishments primarily engaged in providing a range of day-to-day office administrative services, such as financial planning, billing and recordkeeping, personnel, and physical distribution and logistics are classified in Industry 56111, Office Administrative Services.

Two Digit Sector 55 Breakdown for the North American Industry Classification System

NAICS codes are broken down by digit. The broadest description starts with the 2 digit sector codes. The 3 digit subsector codes are more specific, then the 4 digit industry group, 5 digit industry, and the most specific is the 6 digit NAICS code. If NAICS Sector 55 does not describe the industry of the business in question, then select the largest applicable code below. From there, follow the progression of smaller digits to the larger digits in order to obtain the most specific 6 digit classification.

  • Sector 55: Management of Companies and Enterprises
    • Subsector 551: Management of Companies and Enterprises
      • Industry Group 5511: Management of Companies and Enterprises
        • Industry 55111: Management of Companies and Enterprises
          • 6 Digit Code(s) NAICS 551111: Offices of Bank Holding Companies
          • 6 Digit Code(s) NAICS 551112: Offices of Other Holding Companies
          • 6 Digit Code(s) NAICS 551114: Corporate, Subsidiary, and Regional Managing Offices

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NAICS Sector 55