01 / NAICS Market Profile
NAICS 523991 Trust, Fiduciary, And Custody Activities Federal Contracts
North American Industry Classification System code 523991
Federal contract activity classified under Trust, Fiduciary, And Custody Activities across FY 2020–FY 2026. Net obligations include both new obligations and subsequent deobligations.
02 / Market Size
How large is the NAICS 523991 federal market?
03 / Spending Trend
NAICS 523991 contract spending by fiscal year
Annual obligations, activity, and participation across the same FY 2020–FY 2026 profile window.
Latest closed fiscal year$8.73M
FY 2026| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2020 | $12.42M | 28 | 15 | 6 | — |
| FY 2021 | $12.52M | 26 | 7 | 5 | +0.8% |
| FY 2022 | $9.43M | 23 | 10 | 6 | −24.6% |
| FY 2023 | $9.68M | 14 | 8 | 6 | +2.6% |
| FY 2024 | $12.04M | 19 | 8 | 6 | +24.4% |
| FY 2025 | $7.76M | 17 | 7 | 5 | −35.5% |
| FY 2026 | $8.73M | 25 | 7 | 6 | +12.5% |
04 / Top Federal Customers
Which federal agencies buy most in this industry?
Ranked by net obligations during FY 2020–FY 2026.
| Federal customer | Code | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|
| PENSION BENEFIT GUARANTY CORPORATION | 1665 | $34.46M | 79 | 3 | 47.5% |
| DEPARTMENTAL OFFICES | 1406 | $32.11M | 22 | 2 | 44.2% |
| SMALL BUSINESS ADMINISTRATION | 7300 | $2.97M | 11 | 1 | 4.1% |
| BUREAU OF INDIAN AFFAIRS | 1450 | $2.50M | 3 | 1 | 3.4% |
| UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION | 7700 | $250.0K | 5 | 1 | 0.3% |
| VETERANS AFFAIRS, DEPARTMENT OF | 3600 | $233.8K | 14 | 1 | 0.3% |
| CORPORATION FOR NATIONAL AND COMMUNITY SERVICE | 9577 | $32.7K | 1 | 1 | 0.0% |
| COMMODITY FUTURES TRADING COMMISSION | 9507 | $11.0K | 2 | 1 | 0.0% |
| STATE, DEPARTMENT OF | 1900 | $10.6K | 1 | 1 | 0.0% |
| RURAL HOUSING SERVICE | 12E3 | $7.5K | 12 | 10 | 0.0% |
05 / Contracting Offices
Which contracting offices buy in NAICS 523991?
Ranked by net obligations during FY 2020–FY 2026.
| Office | Code | Agency | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|---|
| PENSION BENEFIT GUARANTY CORP | 16PBGC | PENSION BENEFIT GUARANTY CORPORATION | $34.46M | 79 | 3 | 47.5% |
| IBC ACQ SVCS DIRECTORATE (00004) | 140D04 | DEPARTMENTAL OFFICES | $17.08M | 12 | 2 | 23.5% |
| IBC ACQ SERVICE DIVISION (00070) | 140D70 | DEPARTMENTAL OFFICES | $15.03M | 10 | 2 | 20.7% |
| OFC OF PERF MGMT AND CFO | 733510 | SMALL BUSINESS ADMINISTRATION | $2.97M | 11 | 1 | 4.1% |
| BUREAU OF INDIAN AFFAIRS | 140A16 | BUREAU OF INDIAN AFFAIRS | $2.50M | 3 | 1 | 3.4% |
| OFFICE OF ACQUISITION | 773444 | UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION | $250.0K | 5 | 1 | 0.3% |
| 241-NETWORK CONTRACT OFFICE 01 (36C241) | 36C241 | VETERANS AFFAIRS, DEPARTMENT OF | $233.8K | 14 | 1 | 0.3% |
| CORPORATION FOR NTL COMM SERVICE | 95332A | CORPORATION FOR NATIONAL AND COMMUNITY SERVICE | $32.7K | 1 | 1 | 0.0% |
| COMMODITY FUTURES TRADING COMM | 9523ZY | COMMODITY FUTURES TRADING COMMISSION | $11.0K | 2 | 1 | 0.0% |
| U.S. EMBASSY PORT OF SPAIN | 19TD55 | STATE, DEPARTMENT OF | $10.6K | 1 | 1 | 0.0% |
06 / Top Vendors
Which contractors lead the NAICS 523991 market?
| Vendor | Obligations | Actions | Customers | Market share | Latest activity |
|---|---|---|---|---|---|
| INNOVEST SYSTEMS, LLC | $34.58M | 23 | 2 | 47.6% | Jul 31, 2026 |
| STATE STREET CORPORATION | $25.69M | 42 | 1 | 35.4% | Sep 25, 2026 |
| SPECTRUM INTERNATIONAL, INC. | $8.23M | 21 | 1 | 11.3% | Aug 6, 2026 |
| COLSON SERVICES CORP. | $2.97M | 11 | 1 | 4.1% | Sep 24, 2024 |
| J.P. MORGAN INVESTMENT MANAGEMENT INC. | $535.9K | 16 | 1 | 0.7% | May 14, 2026 |
| U.S. BANK NATIONAL ASSOCIATION | $250.0K | 5 | 1 | 0.3% | Sep 14, 2026 |
| COLUMBUS HOUSE, INC. | $233.8K | 14 | 1 | 0.3% | Jul 9, 2026 |
| TATITLEK FEDERAL SERVICES, INC. | $32.7K | 1 | 1 | 0.0% | Jul 5, 2022 |
| S E I INVESTMENTS MANAGEMENT CORPORATION | $25.9K | 2 | 1 | 0.0% | Mar 2, 2022 |
| FS-ISAC INC | $11.0K | 2 | 1 | 0.0% | Jun 7, 2024 |
07 / Product and Service Mix
What products and services are purchased under NAICS 523991?
| PSC | Description | Obligations | Actions | Vendors | Share |
|---|---|---|---|---|---|
| R499 | SUPPORT- PROFESSIONAL: OTHER | $37.55M | 38 | 6 | 51.7% |
| R703 | SUPPORT- MANAGEMENT: ACCOUNTING | $25.72M | 44 | 2 | 35.4% |
| R418 | SUPPORT- PROFESSIONAL: LEGAL | $8.24M | 30 | 8 | 11.4% |
| R710 | SUPPORT- MANAGEMENT: FINANCIAL | $853.8K | 24 | 3 | 1.2% |
| R610 | SUPPORT- ADMINISTRATIVE:- PERSONAL PROPERTY MANAGEMENT | $165.9K | 11 | 1 | 0.2% |
| R497 | SUPPORT- PROFESSIONAL: PERSONAL SERVICES CONTRACTS | $32.7K | 1 | 1 | 0.0% |
| DH10 | IT AND TELECOM - PLATFORM AS A SERVICE: DATABASE, MAINFRAME, MIDDLEWARE | $11.0K | 2 | 1 | 0.0% |
| U005 | EDUCATION/TRAINING- TUITION/REGISTRATION/MEMBERSHIP FEES | $10.6K | 1 | 1 | 0.0% |
| R711 | SUPPORT- MANAGEMENT: BANKING | -$300 | 1 | 1 | 0.0% |
08 / Buying Pattern
How does the government buy in NAICS 523991?
| Common action type | Obligations | Actions |
|---|---|---|
| DEFINITIVE CONTRACT | $68.73M | 113 |
| PURCHASE ORDER | $3.86M | 39 |
09 / Recent Contract Awards
What was awarded most recently in NAICS 523991?
10 / Market Interpretation
How should contractors evaluate this market?
Start with the spending direction
Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.
Follow the actual buyers
Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.
Measure accessible demand
Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $72.59M market as addressable.