US PRIVATE INDUSTRY · NAICS 5251

Insurance and employee benefit fundsAverage pay, explained.

Compare published payroll wages for covered private jobs in this industry. See its national average and available state figures with employment and establishment context.

2025 annual data2022 NAICSPrivate ownership
Average annual pay
$114,865
Payroll wages per covered job
Average weekly wage
$2,209
Native published weekly average
Average employment
13,307
Covered jobs, including part-time work
Average establishments
2,165
Reporting locations; not distinct companies

Read the pay definition first.

These are average payroll wages for covered private-sector jobs in the industry, including full-time and part-time work. They are not a median, an occupation-specific salary, an individual offer or a total compensation package. Employer benefits are excluded; the wage definition can include bonuses and certain stock-option payments. The coverage is private establishments in the QCEW program; public-sector employers and many self-employed workers are outside this selection. Different job mixes and hours worked affect comparisons. Broad industry groups and their detailed subindustries overlap; their employment counts must not be added together.

Understand Wages.fyi pay measurements →

How pay varies by state.

50 available state / DC records · 2025 · Covered private jobs

Native published averages · Withheld pay remains undisclosed
State / DCAverage annual payAverage weekly wageAverage employmentEstablishments
AlabamaNot disclosedWithheld by sourceNot disclosedNot disclosed36
AlaskaNot disclosedWithheld by sourceNot disclosedNot disclosed9
Arizona$36,442$70126832
Arkansas$111,216$2,1394528
CaliforniaNot disclosedWithheld by sourceNot disclosedNot disclosed167
ColoradoNot disclosedWithheld by sourceNot disclosedNot disclosed47
DelawareNot disclosedWithheld by sourceNot disclosedNot disclosed22
District of Columbia, not unknownNot disclosedWithheld by sourceNot disclosedNot disclosed7
Florida$108,378$2,0841,188212
Georgia$109,070$2,0981,13893
Hawaii$87,267$1,678116
IdahoNot disclosedWithheld by sourceNot disclosedNot disclosed31
Illinois$118,644$2,28275582
Indiana$66,999$1,28824851
IowaNot disclosedWithheld by sourceNot disclosedNot disclosed20
Kansas$77,598$1,492339
Kentucky$97,985$1,88411440
LouisianaNot disclosedWithheld by sourceNot disclosedNot disclosed28
Maine$163,428$3,143569
Maryland$95,820$1,84347092
MassachusettsNot disclosedWithheld by sourceNot disclosedNot disclosed48
MichiganNot disclosedWithheld by sourceNot disclosedNot disclosed77
MinnesotaNot disclosedWithheld by sourceNot disclosedNot disclosed35
Mississippi$64,881$1,24818139
MissouriNot disclosedWithheld by sourceNot disclosedNot disclosed2

The coverage behind the number.

US Bureau of Labor Statistics · QCEW

2025 annual data · NAICS 5251 · 2022 classification · Private ownership · All establishment sizes.

Original official data archive
QCEW coverage and wage definitions

What remains unknown?

These averages do not reveal an individual worker’s base salary, experience level, bonus, hours, equity or benefits. Suppressed figures stay undisclosed. Employment counts are covered jobs, not unique people or anonymous Wages.fyi salary submissions.

Source period: 2025 annual average. Evidence acquired 2026-10-18.