NAICS Industry

NAICS 524292 Federal Contract Obligations (Last 10 Years)

This page summarizes federal contract obligations for NAICS 524292 (THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS) for last 10 years, including award volume and market trend context.

Use this page to review federal contract obligations for NAICS 524292 (THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS) for last 10 years. The analysis is based on FPDS award-action data.

Generated at 03/15/2026

Analysis period: Last 10 years

All figures on this page are based on FPDS award-action obligation data for completed calendar years only within the last 10 years analysis window.

NAICS Code
524292
Industry
THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS
Total Obligated
4.91 billion
4,913,707,344.64
Award Actions
4,008
Average Action Value
1,225,974.88

About NAICS 524292 federal contract activity

This page summarizes last 10 years of federal contract activity associated with NAICS 524292 (THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS). Based on the current FPDS Query dataset, this industry shows 4.91 billion in visible obligations across 4,008 award actions, with an average action value of 1,225,974.88. This view is designed to help users quickly understand scale, buyer concentration, contractor concentration, and overall market direction before moving into deeper procurement analysis.

Agency demand and leading federal buyers

Demand for NAICS 524292 (THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS) appears concentrated among a relatively small group of federal buyers over the last 10 years. The visible agency ranking is led by VETERANS AFFAIRS, DEPARTMENT OF, with 2.54 billion in obligations, followed by DEFENSE HEALTH AGENCY (DHA). This kind of concentration is useful context for business development, bid targeting, and understanding where the strongest federal demand appears to sit.

Vendor concentration and leading contractors

The vendor distribution helps show which contractors capture the largest visible share of obligations in NAICS 524292 (THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS) over the last 10 years. The current ranking is led by TRIWEST HEALTHCARE ALLIANCE CORP., with 1.16 billion in obligations, followed by WISCONSIN PHYSICIANS SERVICE INSURANCE CORPORATION. This gives users a practical view of the competitive landscape and the visible concentration at the top of the market.

Annual contract trend over the analysis window

The annual trend table provides a year-based view of how visible obligations and award actions have evolved for NAICS 524292 (THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS) across the last 10 years, from 2016 through 2025. This is useful for spotting periods of expansion, relative stability, or softening activity in this federal industry segment.

How to interpret this page

The tables and trend blocks on this page are generated from FPDS-derived procurement records prepared offline for fast public delivery. They are intended to give a practical summary of industry-scale obligations, top buying agencies, leading vendors, and visible year-over-year movement within last 10 years. Users who need deeper filtering, custom SQL, or cross-market comparison can continue the analysis directly inside FPDS Query.

Top Agencies

SELECT
    agency_id,
    agency_name,
    total_obligated,
    award_count,
    formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
    SELECT
        content__award__purchaserInformation__contractingOfficeAgencyID AS agency_id,
        anyHeavy(content__award__purchaserInformation__contractingOfficeAgencyID__name) AS agency_name,
        sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
        count() AS award_count
    FROM fpds.data
    WHERE
        contract_type = 1
        AND content__award__productOrServiceInformation__principalNAICSCode = '524292'
        AND content__award__purchaserInformation__contractingOfficeAgencyID IS NOT NULL
        AND content__award__purchaserInformation__contractingOfficeAgencyID != ''
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 10 YEAR
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
    GROUP BY agency_id
)
ORDER BY total_obligated DESC
LIMIT 10
Agency ID Agency Name Total Obligated Readable Award Actions
3600 VETERANS AFFAIRS, DEPARTMENT OF 2,535,272,220.92 2.54 billion 1,177
97DH DEFENSE HEALTH AGENCY (DHA) 1,096,221,637.57 1.10 billion 339
7022 FEDERAL EMERGENCY MANAGEMENT AGENCY 325,370,359.73 325.37 million 141
1665 PENSION BENEFIT GUARANTY CORPORATION 277,793,688.88 277.79 million 418
7526 HEALTH RESOURCES AND SERVICES ADMINISTRATION 241,973,112.52 241.97 million 54
1145 PEACE CORPS 58,762,537.63 58.76 million 47
7530 CENTERS FOR MEDICARE AND MEDICAID SERVICES 55,061,365.33 55.06 million 139
2100 DEPT OF THE ARMY 46,489,726.24 46.49 million 121
1700 DEPT OF THE NAVY 43,761,268.04 43.76 million 42
7523 CENTERS FOR DISEASE CONTROL AND PREVENTION 38,441,681.93 38.44 million 22

Insight

NAICS 524292 (THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS) appears to be concentrated among a relatively small group of major buying agencies over the last 10 years. The visible ranking is led by VETERANS AFFAIRS, DEPARTMENT OF, followed by DEFENSE HEALTH AGENCY (DHA), which suggests that agency demand in this industry is not evenly distributed.

Top Vendors

SELECT
    vendor_name,
    cage_code,
    total_obligated,
    award_count,
    formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
    SELECT
        content__award__vendor__vendorHeader__vendorName AS vendor_name,
        anyHeavy(content__award__vendor__vendorSiteDetails__entityIdentifiers__cageCode) AS cage_code,
        sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
        count() AS award_count
    FROM fpds.data
    WHERE
        contract_type = 1
        AND content__award__productOrServiceInformation__principalNAICSCode = '524292'
        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 CAGE Code Total Obligated Readable Award Actions
TRIWEST HEALTHCARE ALLIANCE CORP. 07TQ3 1,162,579,374.53 1.16 billion 75
WISCONSIN PHYSICIANS SERVICE INSURANCE CORPORATION 2R921 593,485,058.26 593.49 million 189
SIGNATURE CHOICE LLC 84TE2 538,446,967.35 538.45 million 50
INTERNATIONAL SOS GOVERNMENT SERVICES, INC. 6YF97 499,383,403.31 499.38 million 143
OPTUMRX ADMINISTRATIVE SERVICES, LLC 6YEK4 424,607,611.37 424.61 million 17
SIGNATURE CHOICE II, LLC 93RY7 202,450,536.60 202.45 million 14
SERCO INC. 022Q2 178,827,484.95 178.83 million 58
TORRENT TECHNOLOGIES INC 71LW1 131,803,987.35 131.80 million 55
OPTUMSERVE TECHNOLOGY SERVICES, INC. 1TPV6 131,378,303.29 131.38 million 28
SIGNATURE PERFORMANCE, INC. 3P2U7 125,859,138.30 125.86 million 27

Insight

Within NAICS 524292 (THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS), visible obligations over the last 10 years appear concentrated among a relatively small set of leading vendors. TRIWEST HEALTHCARE ALLIANCE CORP. ranks first, followed by WISCONSIN PHYSICIANS SERVICE INSURANCE CORPORATION, which helps define the current competitive landscape in this industry slice.

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__productOrServiceInformation__principalNAICSCode = '524292'
        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 677,418,599.03 677.42 million 410
2024 902,255,999.39 902.26 million 430
2023 624,575,462.70 624.58 million 460
2022 612,974,031.20 612.97 million 460
2021 447,254,238.54 447.25 million 388
2020 381,607,222.22 381.61 million 317
2019 335,939,355.39 335.94 million 314
2018 437,676,058.03 437.68 million 366
2017 324,585,704.51 324.59 million 454
2016 169,420,673.63 169.42 million 409

Insight

The annual trend shows how obligations in NAICS 524292 (THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS) moved across the last 10 years, from 2016 through 2025. This helps users judge whether visible contract activity in this industry appears stable, rising, or easing over time.

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