NAICS 541214: Payroll Services
National industry
SBA small business size standard: $39 million in average annual receipts
Code facts
- Part of
-
-
54
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541
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5412
- 54121
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5412
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541
-
54
- Contract awards
- 15 In the last 12 months
- Contract obligations
- $25,154,172 In FY2025
NAICS codes and definitions come from the U.S. Census Bureau, size standards from the SBA and contract spending from SAM.gov/FPDS.
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $0 |
| FY2026 | $21,008,653 |
| FY2025 | $25,154,172 |
| FY2024 | $15,466,733 |
| FY2023 | $14,711,414 |
Top contractors by obligations
| Rank | Contractor | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | State Street Corporation | $10,445,486 | |
| 2 | Lyceum Business Services, LLC | $8,452,033 | |
| 3 | Escience & Technology Solutions, Inc. | $776,457 | |
| 4 | Kpmg AG Wirtschaftsprufungsgesellschaft | $494,928 | |
| 5 | Chickasaw Business Solutions, LLC | $420,000 | |
| 6 | Equifax Workforce Solutions LLC | $231,732 | |
| 7 | Paycom Payroll, LLC | $176,652 | |
| 8 | Data Management S.R.L. | $165,176 | |
| 9 | Personal Group Incorporated | $117,784 | |
| 10 | Gesam Societa\' TRA Professionisti S.R.L. | $110,300 |
Top funding agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Pension Benefit Guaranty Corporation | $10,445,486 | |
| 2 | Department of Health and Human Services | $8,237,462 | |
| 3 | Department of State | $1,547,316 | |
| 4 | Department of Energy | $420,000 | |
| 5 | Department of the Treasury | $231,732 | |
| 6 | Department of the Interior | $189,484 | |
| 7 | US Agency for Global Media | $176,652 | |
| 8 | Department of the Navy | $165,176 | |
| 9 | Smithsonian Institution | $56,940 | |
| 10 | Department of Veterans Affairs | $27,623 |
Top PSC codes by obligations
| Rank | PSC code | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | R499 Other Professional Services | $10,640,610 | |
| 2 | R710 Support – Management: Financial | $8,512,591 | |
| 3 | R699 Other Administrative Support Services | $1,013,223 | |
| 4 | V302 Travel Agent Services | $420,000 | |
| 5 | R431 Support – Professional: Human Resources | $262,403 | |
| 6 | R799 Other Management Support Services | $176,652 | |
| 7 | R703 Accounting Services (NOTE: New code created for Financial Services See R710 below) | $82,494 | |
| 8 |
DA10 IT and Telecom – Business Application/ |
$35,400 | |
| 9 | DH01 IT and Telecom – Platform Support Services: Database, Mainframe, Middleware (Labor) | $21,540 | |
| 10 | B544 Technology Studies | $8,922 |
Contract obligations by state
| Rank | Place of performance | Obligated, last 12 months | Share |
|---|---|---|---|
| 1 | Massachusetts | $10,506,044 | |
| 2 | Maryland | $8,522,595 | |
| 3 | Georgia | $711,732 | |
| 4 | Tennessee | $420,000 | |
| 5 | Oklahoma | $176,652 | |
| 6 | Arizona | $117,784 | |
| 7 | Alaska | $110,000 | |
| 8 | Colorado | $8,922 |
Shares are of everything obligated under NAICS 541214 in the last 12 months before deobligations, including work performed abroad or with no place of performance on record.
Contract opportunities
Show 40 more
Latest 50 of 122 listed here. See the rest on GovTribe.
Definition
This U.S. industry comprises establishments (except offices of CPAs) engaged in the following without also providing accounting, bookkeeping, or billing services: (1) collecting information on hours worked, pay rates, deductions, and other payroll-related data from their clients and (2) using that information to generate paychecks, payroll reports, and tax filings. These establishments may use data processing and tabulating techniques as part of providing their services.
Illustrative examples
- Payroll processing services
- Talent payment services
Quick answers
What is NAICS 541214?
NAICS 541214 is Payroll Services, a national industry in NAICS 54, Professional, Scientific, and Technical Services.
What is the NAICS code for talent payment services?
The NAICS code for talent payment services is 541214, Payroll Services.
What is the NAICS code for payroll processing services?
The NAICS code for payroll processing services is 541214, Payroll Services.
How much do federal agencies spend under NAICS 541214?
Federal contracts under NAICS 541214 obligated $25,154,172 in fiscal year 2025 and $76,340,972 in fiscal years 2023 through 2027.
Who are the largest contractors under NAICS 541214?
The contractors with the most obligated under NAICS 541214 in fiscal years 2026 and 2027 are State Street Corporation ($10,445,486); Lyceum Business Services, LLC ($8,452,033); and Escience & Technology Solutions, Inc. ($776,457).
Which agencies buy the most under NAICS 541214?
The agencies that obligated the most under NAICS 541214 in fiscal years 2026 and 2027 are Pension Benefit Guaranty Corporation ($10,445,486), Department of Health and Human Services ($8,237,462) and Department of State ($1,547,316).
Which PSC codes are used with NAICS 541214?
The PSC codes with the most obligated under NAICS 541214 in fiscal years 2026 and 2027 are R499 Other Professional Services, R710 Support – Management: Financial and R699 Other Administrative Support Services.
Where is the work under NAICS 541214 performed?
By place of performance, the states with the most contract obligations under NAICS 541214 over the last 12 months are Massachusetts ($10,506,044), Maryland ($8,522,595) and Georgia ($711,732).
What is the latest contract opportunity under NAICS 541214?
The latest contract opportunity under NAICS 541214 is Multiple Award Schedule, award notice from Federal Acquisition Service, posted September 9, 2026.
On GovTribe
See everything under NAICS 541214
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