Federal Agency

PENSION BENEFIT GUARANTY CORPORATION Federal Contract Obligations (Last 10 Years)

Federal procurement summary for the Pension Benefit Guaranty Corporation (Agency ID 1665) covering obligations, vendors, NAICS categories, and yearly award activity over the last 10 years.

Over the last 10 years, the Pension Benefit Guaranty Corporation recorded 8,833 award actions with $3.34 billion in obligated spending, for an average action value of $378,390.81. Contract activity is concentrated in portfolio management, computer-related services, consulting, and pension fund administration, with SERCO INC., SAIC, and Deloitte among the largest vendors.

Generated at 03/21/2026

Analysis period: Last 10 years

Figures reflect the provided 10-year analysis window and use obligated dollars, award counts, and NAICS classifications as reported in the source data.

Agency ID
1665
Total Obligated
3.34 billion
3,342,326,027.51
Award Actions
8,833
Average Action Value
378,390.81

About PENSION BENEFIT GUARANTY CORPORATION federal contract activity

Over the last 10 years, the PENSION BENEFIT GUARANTY CORPORATION (Agency ID 1665) obligated $3.34 billion across 8,833 awards, for an average award value of $378,390.81. The profile indicates a procurement mix centered on investment management, IT support, consulting, and pension-related administrative services.

Vendor concentration and leading contractors

Vendor obligations are concentrated among a small set of large contractors. SERCO INC. leads the period with $274.62 million across 62 awards, followed by SCIENCE APPLICATIONS INTERNATIONAL CORPORATION at $245.23 million across 145 awards and DELOITTE & TOUCHE LLP at $180.04 million across 220 awards.

Industry profile based on NAICS activity

The largest share of obligations falls under NAICS 523920, Portfolio Management, at $851.54 million across 922 awards. Other major categories include Other Computer Related Services (541519) at $649.56 million, Administrative Management and General Management Consulting Services (541611) at $401.68 million, Third Party Administration of Insurance and Pension Funds (524292) at $277.79 million, and Investment Banking and Securities Dealing (523110) at $163.04 million.

Annual contract trend over the analysis window

Annual obligations in the visible years show a high level of spending with a recent decline from the 2022 peak. Obligations were $370.09 million in 2021, $374.64 million in 2022, $361.00 million in 2023, $289.04 million in 2024, and $259.97 million in 2025.

How to interpret this page

This summary is based on FPDS-observed obligations for the last 10 years and uses the agency-level totals, award counts, vendor rankings, NAICS groupings, and annual obligation trend provided in the analysis window. Amounts are rounded where shown in readable form, and no additional estimates or classifications were inferred beyond the supplied data.

Top Vendors

SELECT
    vendor_name,
    total_obligated,
    award_count,
    formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
    SELECT
        content__award__vendor__vendorHeader__vendorName AS vendor_name,
        sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
        count() AS award_count
    FROM fpds.data
    WHERE
        contract_type = 1
        AND content__award__purchaserInformation__contractingOfficeAgencyID = '1665'
        AND content__award__vendor__vendorHeader__vendorName IS NOT NULL
        AND content__award__vendor__vendorHeader__vendorName != ''
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 10 YEAR
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
    GROUP BY vendor_name
)
ORDER BY total_obligated DESC
LIMIT 10
Vendor Total Obligated Readable Award Actions
SERCO INC. 274,621,656.39 274.62 million 62
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION 245,227,250.76 245.23 million 145
DELOITTE & TOUCHE LLP 180,039,557.73 180.04 million 220
STATE STREET CORPORATION 128,698,942.24 128.70 million 106
SALIENT CRGT, INC. 123,432,034.77 123.43 million 110
WELLINGTON MANAGEMENT COMPANY LLP 122,071,104.97 122.07 million 95
PRUDENTIAL INVESTMENT MANAGEMENT, INC. 115,253,211.36 115.25 million 49
PACIFIC INVESTMENT MANAGEMENT COMPANY LLC 109,814,471.03 109.81 million 57
NISA INVESTMENT ADVISORS LLC 87,658,448.48 87.66 million 43
DELOITTE CONSULTING LLP 81,597,040.23 81.60 million 214

Insight

Over the last 10 years, PENSION BENEFIT GUARANTY CORPORATION obligated $3.34 billion across 8,833 awards, with an average award value of $378,390.81. Top vendor obligations are moderately concentrated: the leading ten vendors account for sizable individual shares, led by SERCO INC. at $274.62 million, followed by SCIENCE APPLICATIONS INTERNATIONAL CORPORATION at $245.23 million and DELOITTE & TOUCHE LLP at $180.04 million. The vendor mix is split between larger-dollar, lower-award-count firms and higher-frequency service providers, indicating both task-order activity and recurring contracted services.

Top NAICS

SELECT
    naics_code,
    naics_name,
    total_obligated,
    award_count,
    formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
    SELECT
        content__award__productOrServiceInformation__principalNAICSCode AS naics_code,
        anyHeavy(content__award__productOrServiceInformation__principalNAICSCode__description) AS naics_name,
        sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
        count() AS award_count
    FROM fpds.data
    WHERE
        contract_type = 1
        AND content__award__purchaserInformation__contractingOfficeAgencyID = '1665'
        AND content__award__productOrServiceInformation__principalNAICSCode IS NOT NULL
        AND content__award__productOrServiceInformation__principalNAICSCode != ''
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 10 YEAR
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
    GROUP BY naics_code
)
ORDER BY total_obligated DESC
LIMIT 10
NAICS Code Description Total Obligated Readable Award Actions
523920 PORTFOLIO MANAGEMENT 851,542,282.00 851.54 million 922
541519 OTHER COMPUTER RELATED SERVICES 649,558,951.61 649.56 million 1,271
541611 ADMINISTRATIVE MANAGEMENT AND GENERAL MANAGEMENT CONSULTING SERVICES 401,679,848.54 401.68 million 1,189
524292 THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS 277,793,688.88 277.79 million 419
523110 INVESTMENT BANKING AND SECURITIES DEALING 163,043,915.29 163.04 million 204
541612 HUMAN RESOURCES CONSULTING SERVICES (2007), HUMAN RESOURCES AND EXECUTIVE SEARCH CONSULTING SERVICES (2002) 131,427,353.23 131.43 million 705
541512 COMPUTER SYSTEMS DESIGN SERVICES 125,612,020.94 125.61 million 383
541330 ENGINEERING SERVICES 108,456,081.29 108.46 million 41
541214 PAYROLL SERVICES 82,111,885.19 82.11 million 36
541990 ALL OTHER PROFESSIONAL, SCIENTIFIC, AND TECHNICAL SERVICES 66,181,662.77 66.18 million 282

Insight

Over the last 10 years, PENSION BENEFIT GUARANTY CORPORATION obligated $3.34 billion across 8,833 awards, with spending concentrated in a small set of NAICS codes. Portfolio management (523920) is the largest category at $851.54 million, followed by other computer related services (541519) at $649.56 million and administrative management and general management consulting services (541611) at $401.68 million. These top three NAICS codes account for a majority of the listed obligated dollars, indicating a portfolio heavily weighted toward investment management, IT support, and advisory/administrative services.

Annual Trend

SELECT
    year,
    total_obligated,
    award_count,
    formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
    SELECT
        toYear(parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate)) AS year,
        sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
        count() AS award_count
    FROM fpds.data
    WHERE
        contract_type = 1
        AND content__award__purchaserInformation__contractingOfficeAgencyID = '1665'
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 10 YEAR
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
    GROUP BY year
)
ORDER BY year DESC
Year Total Obligated Readable Award Actions
2025 259,969,753.44 259.97 million 492
2024 289,037,938.06 289.04 million 695
2023 360,999,853.91 361.00 million 719
2022 374,639,992.54 374.64 million 804
2021 370,092,887.55 370.09 million 857
2020 361,325,852.62 361.33 million 879
2019 336,456,188.26 336.46 million 946
2018 334,086,643.69 334.09 million 1,021
2017 337,695,226.94 337.70 million 1,230
2016 318,021,690.50 318.02 million 1,190

Insight

Over the last 10 years, PENSION BENEFIT GUARANTY CORPORATION obligated $3.34 billion across 8,833 awards, averaging $378,390.81 per award. Annual obligations were relatively stable from 2016 through 2023, generally ranging from $318.02 million to $374.64 million, with award counts declining from 1,230 in 2017 to 492 in 2025. The most recent two years show lower obligation and award volume than the 2019–2023 period, indicating a recent contraction after a multi-year plateau.

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