Trust, Fiduciary, and Custody Activities — NAICS 523991

Browse federal contract opportunities classified under NAICS code 523991 (Trust, Fiduciary, and Custody Activities). Find active solicitations on SAM.gov, understand size standards, and discover set-aside opportunities for your business.

0
Active Now
$469K
Median Contract
~1
Awards / Month
8
Competitors
35%
Small Business

About NAICS 523991

Trust, Fiduciary, and Custody Activities. This industry falls under the Finance and Insurance sector (NAICS codes beginning with 52).

Federal agencies use NAICS code 523991 when posting contract opportunities on SAM.gov to classify the type of work being solicited. Businesses that operate in the trust, fiduciary, and custody activities space should include this code in their SAM.gov registration and capability statements to ensure they appear in relevant searches.

How to Use NAICS 523991 in Federal Contracting

To compete for federal contracts under NAICS 523991, your business should be registered in SAM.gov with this NAICS code listed in your entity profile. When agencies post solicitations for trust, fiduciary, and custody activities work, they reference this code to determine the applicable small business size standard and any set-aside eligibility.

If you hold certifications such as 8(a), HUBZone, SDVOSB, or WOSB, you may be eligible for set-aside contracts under this NAICS code. These set-asides limit competition to certified small businesses, giving you a significant advantage in winning federal work.

FedOverwatch monitors SAM.gov daily and can automatically match you with new opportunities under NAICS 523991. Set up your profile with your NAICS codes and certifications to receive personalized contract alerts.

NAICS 523991 Market Intelligence

Based on 3 years of federal award data from USAspending.gov, the trust, fiduciary, and custody activities market has seen 26 contract awards totaling $29.3M in value. The median contract size is $469K, with approximately 1 new awards per month.

Total Awards (3yr)

26

Total Value

$29.3M

Median Contract

$469K

Competitors

8

Contract value distribution

$22K$469K median$3.2M
Small business set-aside rate35% of awards

9 small business awards ($17.9M total value,$1.1M median)

8 companies compete for NAICS 523991 contracts

See who's winning, their award values, and where you fit in the market

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Size Standards

The SBA establishes size standards for each NAICS code to define what qualifies as a "small business" for federal contracting purposes. For NAICS 523991 (Trust, Fiduciary, and Custody Activities), the size standard is based on either average annual receipts or number of employees, depending on the specific industry. Meeting the size standard for your primary NAICS code is required to qualify for small business set-aside contracts.

Visit the SBA Size Standards Table to find the current threshold for NAICS 523991.

Recent NAICS 523991 Opportunities

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Frequently Asked Questions

What is NAICS code 523991?
NAICS code 523991 represents "Trust, Fiduciary, and Custody Activities" in the North American Industry Classification System. Trust, Fiduciary, and Custody Activities. This code is used by federal agencies on SAM.gov to classify contract opportunities so businesses in the trust, fiduciary, and custody activities industry can find relevant solicitations.
How many federal contracts use NAICS 523991?
There are currently 0 active federal contract opportunities on SAM.gov that use NAICS code 523991 (Trust, Fiduciary, and Custody Activities). Over the past 3 years, there have been 26 awards totaling $29.3M, with a median contract value of $469K. Approximately 1 new contracts are awarded each month in this NAICS code. FedOverwatch tracks these opportunities in real time so you never miss a relevant contract.
How to find contracts for NAICS 523991?
You can find federal contracts for NAICS 523991 by searching SAM.gov directly, or by using FedOverwatch to get automatic matches. FedOverwatch monitors SAM.gov continuously and alerts you when new trust, fiduciary, and custody activities opportunities are posted that match your profile, certifications, and set-aside eligibility.
What is the SBA size standard for NAICS 523991?
The SBA assigns size standards to each NAICS code to determine whether a business qualifies as "small" for federal set-aside contracts. Size standards for NAICS 523991 (Trust, Fiduciary, and Custody Activities) are based on either annual revenue or number of employees, depending on the industry. Check the SBA's size standards table at sba.gov for the most current thresholds for this code.

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