NAICS 524292: Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds — Federal Contracts

What NAICS 524292 covers

The North American Industry Classification System (NAICS) is the standard the federal government uses to classify the industry of every contractor and every procurement. NAICS 524292 identifies businesses primarily engaged in pharmacy benefit management and other third party administration of insurance and pension funds. When a contracting officer publishes a solicitation on SAM.gov, they tag it with the NAICS code that best matches the work — which is why getting your NAICS portfolio right inside SAM is the single most important step for showing up in agency searches.

Who buys NAICS 524292?

The federal agencies awarding the most contract value to vendors in this NAICS, based on 9 contractors tracked in the Mindy contractor database:

1. 1Veterans Affairs
2. 2Department Of
3. 3Defense Health Agency (DHA)
4. 4Centers For Medicare And Medicaid Services
5. 5Dept Of The Air Force

Source: aggregated from the Mindy contractor database (prime contractor disclosures via SBA + agency directories).

Top contractors in NAICS 524292

The largest prime contractors associated with NAICS 524292, ranked by total reported federal contract value. These are your most likely incumbents — and your most likely teaming partners on recompetes:

1. 1
   Triwest Healthcare Alliance CORP.

   $17.8B total reported value
2. 2
   Serco INC

   $1.5B total reported value
3. 3
   Optumrx Administrative Services LLC

   $199.3M total reported value
4. 4
   Novitas Solutions INC.

   $50.3M total reported value
5. 5
   Sirius International Insurance Group LTD

   $44.7M total reported value
6. 6
   Wisconsin Physicians Service Insurance CORP.

   $24.9M total reported value
7. 7
   Torrent Technologies INC.

   $23.1M total reported value
8. 8
   Marsh & Mclennan Companies INC.

   $21.3M total reported value

Values reflect each contractor's aggregate reported federal contract value (across all of their NAICS codes, not just 524292). Use as a ranking signal, not as a per-NAICS award total.