525910/Open-End Investment Funds
US businesses, employees and payroll, 2017 to 2023
1,820
employees, 2023
1,820
employees, 2023
In 2023, 354 US Open-End Investment Funds business locations employed 1,820 people and paid $358.1 million in annual payroll, $196,759 per employee on average. Employment was up 4.9% from 2022. Illinois had the most employees.
Updated Oct 9, 2026 · data year 2023
Business locations
354
+6.0% vs 2022
Employees
1,820
+4.9% vs 2022
Annual payroll
$358.1M
-12.4% vs 2022
Average pay
$196,759
-16.5% vs 2022
Over the years
United States, 2017 to 2023
Employees
Paid employees in mid-March
Business locations
Places with paid employees
By state
Employees of Open-End Investment Funds in each state, 2023
Employees by state
States with the most employees
Employees and the share of all the state's jobs
| State | Business locations | Employees | Average pay | Share of state jobs |
|---|---|---|---|---|
| Illinois | 19 | 309 | $203,654 | 0.01% |
| California | 42 | 274 | $210,328 | 0.00% |
| Texas | 29 | 244 | $373,635 | 0.00% |
| Florida | 69 | 143 | $108,965 | 0.00% |
| New York | 32 | 137 | $337,489 | 0.00% |
| New Jersey | 11 | 133* | $72,880 | 0.00% |
| Pennsylvania | 9 | 85* | $175,318 | 0.00% |
| Arizona | 8 | 65 | $100,846 | 0.00% |
| Utah | 9 | 54 | $74,704 | 0.00% |
| Michigan | 13 | 42 | $105,857 | 0.00% |
| Maryland | 8 | 33* | $83,606 | 0.00% |
| Washington | 3 | 27* | $282,593 | 0.00% |
| Colorado | 10 | 25 | $92,320 | 0.00% |
| Massachusetts | 8 | 22 | $148,455 | 0.00% |
| South Carolina | 7 | 21* | $26,667 | 0.00% |
The 15 states with the most employees. Download the CSV for all 28.
Top metro areas
Metro and micro areas with the most Open-End Investment Funds employees, 2023
Metro areas with the most employees
| Metro area | Locations | Employees | Average pay |
|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN | 18 | 306 | $205,284 |
| New York-Newark-Jersey City, NY-NJ | 41 | 260 | $214,127 |
| Los Angeles-Long Beach-Anaheim, CA | 19 | 177 | $268,831 |
| Houston-Pasadena-The Woodlands, TX | 12 | 143 | $448,930 |
| Miami-Fort Lauderdale-West Palm Beach, FL | 34 | 90 | $128,900 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 12 | 78 | $149,513 |
| Dallas-Fort Worth-Arlington, TX | 9 | 62* | $279,032 |
| San Francisco-Oakland-Fremont, CA | 12 | 55* | $110,491 |
| Phoenix-Mesa-Chandler, AZ | 6 | 37 | $64,676 |
| Austin-Round Rock-San Marcos, TX | 6 | 33* | $277,303 |
| Seattle-Tacoma-Bellevue, WA | 3 | 27* | $282,593 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 8 | 27 | $149,630 |
| Boston-Cambridge-Newton, MA-NH | 8 | 22 | $148,455 |
| Detroit-Warren-Dearborn, MI | 8 | 21 | $126,143 |
| Atlanta-Sandy Springs-Roswell, GA | 4 | 17 | $184,647 |
Business size
US Open-End Investment Funds business locations by number of employees, 2023
Locations by size
| Employees | Locations | Share |
|---|---|---|
| Under 5 | 266 | 75.4% |
| 5 to 9 | 47 | 13.3% |
| 10 to 19 | 23 | 6.5% |
| 20 to 49 | 14 | 4.0% |
| 50 to 99 | 3 | 0.8% |
| 100 to 249 | Not published | - |
| 250 to 499 | Not published | - |
| 500 to 999 | Not published | - |
| 1,000 or more | Not published | - |
Related industries
The industries this code belongs to
Part of Finance and Insurance 52Funds, Trusts, and Other Financial Vehicles 525Other Investment Pools and Funds 5259Open-End Investment Funds 52591
Questions and answers
How many people work in Open-End Investment Funds in the US?
1,820 people worked at 354 US Open-End Investment Funds business locations in 2023, up 4.9% from 2022. That is 0.00% of all US private-sector employees.
What is the average pay in Open-End Investment Funds?
$196,759 a year per employee in 2023, from $358.1 million in annual payroll (down 16.5% from 2022). The average across all US industries was $68,342.
Which state has the most Open-End Investment Funds jobs?
Illinois had the most, with 309 employees in 2023, followed by California (274) and Texas (244).
Which metro areas have the most Open-End Investment Funds jobs?
Chicago-Naperville-Elgin, IL-IN (306), New York-Newark-Jersey City, NY-NJ (260), Los Angeles-Long Beach-Anaheim, CA (177) had the most Open-End Investment Funds employees in 2023.
Are most Open-End Investment Funds businesses small?
95.2% of the 353 Open-End Investment Funds business locations had fewer than 20 employees in 2023, and 0 had 500 or more.
Official US government statistics, published once a year. Business locations are places with paid employees; employees are counted in mid-March; payroll covers the whole year. Covers most private employers, not the self-employed, most government workers or farm workers on farms. * Less accurate: changed by 5% or more to protect privacy. Changes from the year before are shown only when both years use the same edition of the industry codes.