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 2019–FY 2025. 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 2019–FY 2025 profile window.
Latest closed fiscal year$603.9K
FY 2025| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2019 | -$298.9K | 7 | 4 | 4 | — |
| FY 2020 | -$76.3K | 4 | 3 | 3 | +74.5% |
| 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% |
04 / Top Federal Customers
Which federal agencies buy most in this industry?
Ranked by net obligations during FY 2019–FY 2025.
| Federal customer | Code | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|
| STATE, DEPARTMENT OF | 1900 | $5.55M | 17 | 1 | 94.9% |
| DEPT OF THE AIR FORCE | 5700 | $451.5K | 7 | 1 | 7.7% |
| UNITED STATES AGENCY FOR GLOBAL MEDIA, BBG | 9568 | $121.1K | 6 | 1 | 2.1% |
| OFFICE OF THE COMPTROLLER OF THE CURRENCY | 2046 | $82.2K | 9 | 2 | 1.4% |
| SELECTIVE SERVICE SYSTEM | 9000 | $20.0K | 2 | 1 | 0.3% |
| PENSION BENEFIT GUARANTY CORPORATION | 1665 | -$373.5K | 3 | 2 | -6.4% |
05 / Contracting Offices
Which contracting offices buy in NAICS 525110?
Ranked by net obligations during FY 2019–FY 2025.
| Office | Code | Agency | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|---|
| U.S. EMBASSY PARAMARIBO | 19NS50 | STATE, DEPARTMENT OF | $5.30M | 2 | 1 | 90.6% |
| FA5570 501 CSW RCO | FA5570 | DEPT OF THE AIR FORCE | $451.5K | 7 | 1 | 7.7% |
| GERMANY A240/1240/3240/6240 | 95K000 | UNITED STATES AGENCY FOR GLOBAL MEDIA, BBG | $121.1K | 6 | 1 | 2.1% |
| U.S. EMBASSY WINDHOEK | 19WA80 | STATE, DEPARTMENT OF | $96.6K | 4 | 1 | 1.7% |
| COMPTROLLER OF CURRENCY ACQS | 2031JW | OFFICE OF THE COMPTROLLER OF THE CURRENCY | $82.2K | 9 | 2 | 1.4% |
| U.S. EMBASSY PORT OF SPAIN | 19TD55 | STATE, DEPARTMENT OF | $66.2K | 2 | 1 | 1.1% |
| U.S. EMBASSY DUBLIN | 19E130 | STATE, DEPARTMENT OF | $46.9K | 6 | 1 | 0.8% |
| U.S EMBASSY THE HAGUE | 19NL80 | STATE, DEPARTMENT OF | $35.2K | 2 | 1 | 0.6% |
| SELECTIVE SERVICE SYSTEM (SSS) | 90MC00 | SELECTIVE SERVICE SYSTEM | $20.0K | 2 | 1 | 0.3% |
| U.S.EMBASSY OTTAWA | 19CA52 | STATE, DEPARTMENT OF | $5.3K | 1 | 1 | 0.1% |
06 / Top Vendors
Which contractors lead the NAICS 525110 market?
| Vendor | Obligations | Actions | Customers | Market share | Latest activity |
|---|---|---|---|---|---|
| MISCELLANEOUS FOREIGN AWARDEES | $5.67M | 23 | 2 | 96.9% | Sep 20, 2024 |
| STOREBRAND LIVSFORSIKRING AS | $451.5K | 7 | 1 | 7.7% | Sep 30, 2025 |
| WILLIS TOWERS WATSON US LLC | $218.0K | 1 | 1 | 3.7% | Sep 23, 2025 |
| FINANCIAL INSTITUTIONS RETIREMENT FUND (INC) | $55.2K | 7 | 1 | 0.9% | Dec 21, 2023 |
| PENTEGRA SERVICES, INC. | $27.0K | 2 | 1 | 0.5% | Dec 16, 2024 |
| GOVERNMENT RETIREMENT & BENEFITS, INC. | $20.0K | 2 | 1 | 0.3% | Oct 26, 2021 |
| BOLTON PARTNERS D.C., INC. | -$591.5K | 2 | 1 | -10.1% | 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 | 90.6% |
| G009 | SOCIAL- NON-GOVERNMENT INSURANCE PROGRAMS | $372.0K | 5 | 1 | 6.4% |
| R499 | SUPPORT- PROFESSIONAL: OTHER | $218.0K | 1 | 1 | 3.7% |
| G008 | SOCIAL- GOVERNMENT INSURANCE PROGRAMS: OTHER | $127.2K | 3 | 2 | 2.2% |
| Q999 | MEDICAL- OTHER | $121.1K | 6 | 1 | 2.1% |
| U005 | EDUCATION/TRAINING- TUITION/REGISTRATION/MEMBERSHIP FEES | $99.9K | 4 | 1 | 1.7% |
| R710 | SUPPORT- MANAGEMENT: FINANCIAL | $82.2K | 9 | 2 | 1.4% |
| R431 | SUPPORT- PROFESSIONAL: HUMAN RESOURCES | $70.3K | 5 | 2 | 1.2% |
| R699 | SUPPORT- ADMINISTRATIVE: OTHER | $31.9K | 5 | 1 | 0.5% |
| R497 | SUPPORT- PROFESSIONAL: PERSONAL SERVICES CONTRACTS | $15.3K | 1 | 1 | 0.3% |
08 / Buying Pattern
How does the government buy in NAICS 525110?
| Common action type | Obligations | Actions |
|---|---|---|
| PURCHASE ORDER | $6.07M | 27 |
| DEFINITIVE CONTRACT | -$234.5K | 16 |
| DELIVERY ORDER | $15.3K | 1 |
09 / Recent Contract Awards
What was awarded most recently in NAICS 525110?
| Award / PIID | Vendor | Signed date | Obligation | PSC | Agency / office |
|---|---|---|---|---|---|
| FA557025P0032 | STOREBRAND LIVSFORSIKRING AS | Sep 30, 2025 | $209.3K | G009 | DEPT OF THE AIR FORCEFA5570 501 CSW RCO |
| 16PBGC25C0072 | WILLIS TOWERS WATSON US LLC | Sep 23, 2025 | $218.0K | R499 | PENSION BENEFIT GUARANTY CORPORATIONPENSION BENEFIT GUARANTY CORP |
| FA557025P0001 | STOREBRAND LIVSFORSIKRING AS | May 15, 2025 | -$61.5K | G009 | DEPT OF THE AIR FORCEFA5570 501 CSW RCO |
| FA557025P0001 | STOREBRAND LIVSFORSIKRING AS | Jan 22, 2025 | $0 | G009 | DEPT OF THE AIR FORCEFA5570 501 CSW RCO |
| 2031JW24C00008 | PENTEGRA SERVICES, INC. | Dec 16, 2024 | $13.9K | R710 | OFFICE OF THE COMPTROLLER OF THE CURRENCYCOMPTROLLER OF CURRENCY ACQS |
| FA557025P0001 | STOREBRAND LIVSFORSIKRING AS | Oct 18, 2024 | $224.2K | G009 | DEPT OF THE AIR FORCEFA5570 501 CSW RCO |
| FA557025P0001 | STOREBRAND LIVSFORSIKRING AS | Oct 3, 2024 | $0 | G009 | DEPT OF THE AIR FORCEFA5570 501 CSW RCO |
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 $5.85M market as addressable.