Archived - Standard Industrial Classification - Establishments (SIC-E) 1980
K - Finance and Insurance Industries
72 - Investment Intermediary Industries
Establishments primarily engaged in investing in a portfolio of securities and other investments on behalf of their shareholders/unitholders. Included in this Major Group are establishments pri-marily engaged in financing mortgages, real estate and purchase leasebacks and holding of common and preferred stock for the purpose of exercising control.
729 - Other Investment Intermediaries
Included in this Industry Group are establishments known as trusteed pension funds, estate, trust and agency funds and other investment intermediaries not elsewhere classified.
7291 - Trusteed Pension Funds
Establishments known as trusteed pension funds created from contributions to pension plans which are deposited with a trustee who is responsible for the receipt, disbursement and investment of the funds. The trust is a fiduciary agreement in which an establishment of either individuals (at least three) or trust company or incorporated pension fund society hold title to the assets of the fund in accordance with a written trust agreement for the benefit of plan members.
7292 - Estate, Trust and Agency Funds
Establishments known as estate, trust and agency funds which are funds set up and administered by a trust company under the terms of a will, trust agreement or agency agreement. Estate funds are established under the terms of a will and are administered according to the instructions in the will and the legislation of those jurisdictions in which the assets and claims exist. Trust funds are established and administered in accordance with the terms of the trust agreement. Agency funds differ from estate and trust funds in that the company does not assume direct responsibility for their management. Instead, under the agency agreement, the company only takes custody of the assets and carries out the instructions of the owner for their administration. Establishments known as trusteed pension funds are classified in 7291 - Trusteed Pension Funds.
7299 - Other Investment Intermediaries n.e.c.
Establishments primarily engaged in investing in a portfolio of securities and other investments not elsewhere classified. Included in this industry are pension funds not elsewhere classified.
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