Federal NAICS Codes

NAICS 541214

Payroll Services

Explore obligations, trends, recent awards, and incumbent contractors for NAICS 541214.

NAICS 541214 federal market metrics

Total obligations
$507.7M
Total awards
828 awards
Active obligations
$65.1M
Size standard
$39,000,000 receipts

What this NAICS covers

NAICS 541214 covers performing payroll processing functions such as calculating wages, withholding and remitting payroll taxes, preparing payroll registers and checks, managing direct deposit, and producing payroll reports and tax withholding documentation for employers.

Federal opportunities under 541214 typically involve delivering recurring payroll cycles, providing employee earnings statements and tax withholding reports, integrating timekeeping data, supporting vendor payment reconciliation, and meeting contract-specific audit and record-retention requirements.

FY2025 snapshot

Obligations
$23.5M
Awards
25
Average award
$941.5K
Change from FY2024
+649.4%

Recent awards

Search contractors

$35,400

MISCELLANEOUS FOREIGN AWARDEES

Smithsonian Institution

PIID
33330526P00535328
PSC
DA10 - IT AND TELECOM - BUSINESS APPLICATION/APPLICATION DEVELOPMENT SOFTWARE AS A SERVICE

FAQ

What work fits NAICS 541214?
  • Process recurring payroll runs from timekeeping data, calculate deductions and benefits, and issue employee earnings statements and disbursements.
  • Produce payroll registers, summarized earnings reports, and tax withholding documentation required for contract audits and financial reconciliation.
  • Manage garnishments, child-support withholding, and other authorized payroll deductions per contract-defined instructions and documentation.
  • Provide payroll reconciliation and vendor payment support including ACH transmission files, remittance advice, and variance reports for each pay cycle.
When is NAICS 541214 a weak fit?
  • Staffing or temporary placement where the vendor acts as employer of record and employment administration differs from discrete payroll processing services.
  • General accounting or bookkeeping engagements limited to ledger entries and financial reporting without executing payroll disbursements or withholding.
  • Timekeeping or HR information system development and implementation that delivers software only and does not perform payroll runs or issue payments.
What solicitation language points to NAICS 541214?
  • Scope lists recurring pay periods and requires delivery of payroll registers, earnings statements, and remittance files for each cycle.
  • Contract requires secure ACH payment transmission, reconciliation reports, and a defined timeline for deposit and vendor remittance.
  • Performance standards include maximum allowable payroll error rate, turnaround time for corrected pay, and retention of audit-ready payroll records for specified periods.

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