01 / NAICS Market Profile
NAICS 525110 Pension Funds Federal Contracts
North American Industry Classification System code 525110
Federal contract activity classified under Pension Funds across FY 2020–FY 2026. Net obligations include both new obligations and subsequent deobligations.
02 / Market Size
How large is the NAICS 525110 federal market?
03 / Spending Trend
NAICS 525110 contract spending by fiscal year
Annual obligations, activity, and participation across the same FY 2020–FY 2026 profile window.
| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2020 | -$76.3K | 4 | 3 | 3 | — |
| FY 2021 | $54.1K | 7 | 2 | 3 | +170.9% |
| FY 2022 | $5.41M | 9 | 3 | 4 | +9,906.0% |
| FY 2023 | $59.2K | 2 | 2 | 2 | −98.9% |
| FY 2024 | $103.6K | 8 | 4 | 3 | +75.0% |
| FY 2025 | $603.9K | 7 | 3 | 3 | +483.0% |
| FY 2026 | -$3.1K | 8 | 4 | 4 | −100.5% |
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 |
|---|---|---|---|---|---|
| STATE, DEPARTMENT OF | 1900 | $5.48M | 15 | 1 | 89.1% |
| DEPT OF THE AIR FORCE | 5700 | $345.1K | 7 | 1 | 5.6% |
| UNITED STATES AGENCY FOR GLOBAL MEDIA, BBG | 9568 | $121.1K | 6 | 1 | 2.0% |
| PENSION BENEFIT GUARANTY CORPORATION | 1665 | $96.4K | 7 | 2 | 1.6% |
| OFFICE OF THE COMPTROLLER OF THE CURRENCY | 2046 | $87.2K | 8 | 2 | 1.4% |
| SELECTIVE SERVICE SYSTEM | 9000 | $20.0K | 2 | 1 | 0.3% |
05 / Contracting Offices
Which contracting offices buy in NAICS 525110?
Ranked by net obligations during FY 2020–FY 2026.
| Office | Code | Agency | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|---|
| U.S. EMBASSY PARAMARIBO | 19NS50 | STATE, DEPARTMENT OF | $5.30M | 2 | 1 | 86.2% |
| FA5570 501 CSW RCO | FA5570 | DEPT OF THE AIR FORCE | $345.1K | 7 | 1 | 5.6% |
| GERMANY A240/1240/3240/6240 | 95K000 | UNITED STATES AGENCY FOR GLOBAL MEDIA, BBG | $121.1K | 6 | 1 | 2.0% |
| U.S. EMBASSY WINDHOEK | 19WA80 | STATE, DEPARTMENT OF | $96.6K | 4 | 1 | 1.6% |
| PENSION BENEFIT GUARANTY CORP | 16PBGC | PENSION BENEFIT GUARANTY CORPORATION | $96.4K | 7 | 2 | 1.6% |
| COMPTROLLER OF CURRENCY ACQS | 2031JW | OFFICE OF THE COMPTROLLER OF THE CURRENCY | $87.2K | 8 | 2 | 1.4% |
| U.S. EMBASSY PORT OF SPAIN | 19TD55 | STATE, DEPARTMENT OF | $66.2K | 2 | 1 | 1.1% |
| SELECTIVE SERVICE SYSTEM (SSS) | 90MC00 | SELECTIVE SERVICE SYSTEM | $20.0K | 2 | 1 | 0.3% |
| U.S EMBASSY THE HAGUE | 19NL80 | STATE, DEPARTMENT OF | $18.2K | 3 | 1 | 0.3% |
| U.S. EMBASSY DUBLIN | 19E130 | STATE, DEPARTMENT OF | -$3.5K | 4 | 1 | -0.1% |
06 / Top Vendors
Which contractors lead the NAICS 525110 market?
| Vendor | Obligations | Actions | Customers | Market share | Latest activity |
|---|---|---|---|---|---|
| MISCELLANEOUS FOREIGN AWARDEES | $5.60M | 21 | 2 | 91.1% | Apr 13, 2026 |
| STOREBRAND LIVSFORSIKRING AS | $345.1K | 7 | 1 | 5.6% | Oct 2, 2025 |
| WILLIS TOWERS WATSON US LLC | $218.0K | 6 | 1 | 3.5% | Sep 8, 2026 |
| FINANCIAL INSTITUTIONS RETIREMENT FUND (INC) | $46.3K | 5 | 1 | 0.8% | Dec 21, 2023 |
| PENTEGRA SERVICES, INC. | $40.9K | 3 | 1 | 0.7% | Dec 22, 2025 |
| GOVERNMENT RETIREMENT & BENEFITS, INC. | $20.0K | 2 | 1 | 0.3% | Oct 26, 2021 |
| BOLTON PARTNERS D.C., INC. | -$121.6K | 1 | 1 | -2.0% | Jan 15, 2020 |
07 / Product and Service Mix
What products and services are purchased under NAICS 525110?
| PSC | Description | Obligations | Actions | Vendors | Share |
|---|---|---|---|---|---|
| R799 | SUPPORT- MANAGEMENT: OTHER | $5.30M | 2 | 1 | 86.2% |
| G009 | SOCIAL- NON-GOVERNMENT INSURANCE PROGRAMS | $372.0K | 6 | 1 | 6.0% |
| R499 | SUPPORT- PROFESSIONAL: OTHER | $218.0K | 6 | 1 | 3.5% |
| Q999 | MEDICAL- OTHER | $121.1K | 6 | 1 | 2.0% |
| U005 | EDUCATION/TRAINING- TUITION/REGISTRATION/MEMBERSHIP FEES | $99.9K | 4 | 1 | 1.6% |
| R710 | SUPPORT- MANAGEMENT: FINANCIAL | $87.2K | 8 | 2 | 1.4% |
| R431 | SUPPORT- PROFESSIONAL: HUMAN RESOURCES | $53.3K | 6 | 2 | 0.9% |
| G008 | SOCIAL- GOVERNMENT INSURANCE PROGRAMS: OTHER | $20.8K | 2 | 2 | 0.3% |
| R497 | SUPPORT- PROFESSIONAL: PERSONAL SERVICES CONTRACTS | $15.3K | 1 | 1 | 0.2% |
| R699 | SUPPORT- ADMINISTRATIVE: OTHER | -$18.5K | 3 | 1 | -0.3% |
08 / Buying Pattern
How does the government buy in NAICS 525110?
| Common action type | Obligations | Actions |
|---|---|---|
| PURCHASE ORDER | $5.89M | 25 |
| DEFINITIVE CONTRACT | $240.4K | 19 |
| DELIVERY ORDER | $15.3K | 1 |
09 / Recent Contract Awards
What was awarded most recently in NAICS 525110?
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 $6.15M market as addressable.