Industries › NAICS 541214
Industry · NAICS 541214 · sector 54 Professional, scientific and technical services
Payroll Services
Federal contract obligations classified under NAICS 541214, the organisations that win them and the agencies that award them.
USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026.
Federal agencies obligated $21M in contracts classified under NAICS 541214, Payroll Services, in FY2026, and $76M over the five fiscal years since FY2023; the industry ranks 458 of 526 on this site.
Obligations were down 17% on FY2025 ($25M), with $0 so far in FY2027.
The largest recipient organisations by the value of $1.0M-plus awards since FY2023 were State Street Corporation ($41M), Lyceum Business Services, LLC ($18M) and Elitebco LLC ($3.0M).
By place of performance, the most money went to MA, MD and DC.
Contract obligations by fiscal year
Compared with the largest industry FY2026
| Measure | This industry | Aircraft Manufacturing | All contracts |
|---|---|---|---|
| Contract obligations, FY2026 | $21M | $45B | $716B |
| Five-year total | $76M | $211B | $3.0T |
| Share of all contract obligations, five years | 0% | 7.1% | 100% |
Top contractors $1.0M+ award value since FY2023
| # | Organisation | Awards | Award value |
|---|---|---|---|
| 1 | State Street Corporation | 1 | $41M |
| 2 | Lyceum Business Services, LLC | 1 | $18M |
| 3 | Elitebco LLC | 1 | $3.0M |
| 4 | Chickasaw Business Solutions, LLC | 1 | $3.0M |
| 5 | Palisade-Heritage JV LLC | 1 | $1.7M |
Buying agencies $1.0M+ awards
Where the work is performed
Largest awards since FY2023
| Recipient | Awarding agency | Type | Award value | Begun | Place | Record |
|---|---|---|---|---|---|---|
| State Street Corporation | Pension Benefit Guaranty Corporation | ContractDefinitive Contract | $41M | 30 Mar 2023 | MA | USAspending |
| Lyceum Business Services, LLC | Department of Health and Human ServicesOffice of the Assistant Secretary for Financial Resources | ContractDefinitive Contract | $18M | 17 Dec 2024 | MD | USAspending |
| Elitebco LLC | Agency for International Development | ContractDefinitive Contract | $3.0M | 13 Apr 2023 | DC | USAspending |
| Chickasaw Business Solutions, LLC | Department of Energy | ContractDefinitive Contract | $3.0M | 1 Nov 2024 | TN | USAspending |
| Palisade-Heritage JV LLC | Department of Veterans Affairs | ContractPurchase Order | $1.7M | 1 Dec 2022 | GA | USAspending |
Other industries in sector 54: Professional, scientific and technical services
- 541330 Engineering Services $197B
- 541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) $181B
- 541512 Computer Systems Design Services $127B
- 541519 Other Computer Related Services $99B
- 541990 All Other Professional, Scientific, and Technical Services $52B
- 541611 Administrative Management and General Management Consulting Services $50B
- 541511 Custom Computer Programming Services $43B
- 541712 Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology) $37B
- 541710 Research and Development in the Physical, Engineering, and Life Sciences $37B
- 541513 Computer Facilities Management Services $13B
- 541714 Research and Development in Biotechnology (except Nanobiotechnology) $13B
- 541614 Process, Physical Distribution, and Logistics Consulting Services $12B
- 541690 Other Scientific and Technical Consulting Services $8.6B
- 541810 Advertising Agencies $6.1B
- 541620 Environmental Consulting Services $5.2B
- 541211 Offices of Certified Public Accountants $4.8B
- 541711 Research and Development in Biotechnology $4.6B
- 541310 Architectural Services $4.1B
- 541720 Research and Development in the Social Sciences and Humanities $3.9B
- 541612 Human Resources Consulting Services $3.4B
- 541618 Other Management Consulting Services $3.2B
- 541219 Other Accounting Services $3.1B
- 541380 Testing Laboratories and Services $2.4B
- 541199 All Other Legal Services $2.3B
Questions and answers
How much does the federal government spend on NAICS 541214?
$21M in contract obligations classified under Payroll Services in FY2026, $76M over the five fiscal years since FY2023. Obligations are commitments, not payments.
Who are the top contractors in Payroll Services?
State Street Corporation ($41M), Lyceum Business Services, LLC ($18M), Elitebco LLC ($3.0M), Chickasaw Business Solutions, LLC ($3.0M), Palisade-Heritage JV LLC ($1.7M), by the value of $1M-plus awards since FY2023.
Which agencies buy in this industry?
By the value of $1.0M-plus contracts since FY2023: Pension Benefit Guaranty Corporation ($41M), Department of Health and Human Services ($18M), Agency for International Development ($3.0M), Department of Energy ($3.0M), Department of Veterans Affairs ($1.7M).
What is a NAICS code?
In USAspending's words: "NAICS stands for the North American Industrial Classification System. This 6-digit code tells you what industry the work falls into. Each contract record has a NAICS code." Assistance awards (grants, loans, direct payments) carry no NAICS code and are not counted here.
Provenance
Source: USAspending.gov API v2, spending by category (NAICS) by fiscal year, recipient cross-tabulation for FY2022–FY2025 and award search, loaded 30 Sep 2026. State figures come from each state's top-100 NAICS list, so small amounts in a state may be missing. See methodology.