401(k) · DOL Form 5500 · 2022
Slm Corporation 401(k) Plan
Data updated 2026-08-11
- $214M
- Total assets
- 1,411
- Participants
- 96th
- Percentile by assets
- $151,606
- Avg per participant
Official DOL plan name: Sallie Mae 401(k) Savings Plan · Sponsored by Slm Corporation · Delaware · Finance & Insurance
$214M in assets, 1,411 participants
Slm Corporation's Sallie Mae 401(k) Savings Plan reported $214M in total assets and 1,411 participants in its 2022 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 96th percentile by assets (of 139,126 plans)
- #8,609 in Finance & Insurance (9,261 peers)
Coverage in Delaware
Sallie Mae 401(k) Savings Plan covers 1,411 participants in Delaware, 2.6x the typical Delaware plan (state average ~536 per filing). Assets: $214M.
- $214M
- total plan assets (2022 EOY)
- 1,411
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $151,606
- avg assets per participant
The plan reported a net loss of $55M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Sallie Mae 401(k) Savings Plan sits by total assets
Sallie Mae 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$213,916,090 Top 4% higher than 96% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs Delaware filers
In Delaware, the average filing covers about 536 participants across 397 plans. Sallie Mae 401(k) Savings Plan reports 1,411 participants - 2.6x that state average ($214M EOY assets).
Delaware filing particulars
| Total Assets (Beginning of Year) | $269M |
|---|---|
| Net Assets (End of Year) | $214M |
| Net Income | -$55M |
| Employer EIN | 922304918 |
| Plan Effective Date | 1974-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Slm Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,411 | $214M |
| 2023 | 1 | 1,653 | $260M |
| 2024 | 1 | 1,730 | $304M |
Nearby 401(k) Plans in Delaware
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Sallie Mae 401(k) Savings Plan vs. nearby 401(k) plans in Delaware, assets vs. participants
- Retirement Savings Plan $6.6B · 9,866
- Astrazeneca Savings and Security Plan $6.1B · 13,301
- Dupont Retirement Savings Plan $3.0B · 11,033
- Wl Gore & Associates, Inc. 401(k) Plan $1.4B · 7,952
- Ashland Employee Savings Plan $1.2B · 1,887
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Sallie Mae 401(k) Savings Plan by total assets, not by location.
- Welbilt 401(k) Retirement Plan (FL) $214M · 1,462
- The W. I. S. International 401(k) Savings Plan (TX) $214M · 10,116
- Cruise, LLC Retirement Trust (CA) $214M · 2,258
- Southwest Business Corporation 401(k) Profit Sharing Plan (TX) $214M · 2,251
Frequently Asked Questions
How did Sallie Mae 401(k) Savings Plan assets move in 2022? ▼
How have Slm Corporation plan assets changed over time? ▼
Where does Sallie Mae 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Sallie Mae 401(k) Savings Plan? ▼
Next read for Sallie Mae 401(k) Savings Plan
Filing takeaways
Ways to act on Sallie Mae 401(k) Savings Plan's numbers.
- By total assets, Sallie Mae 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Delaware. Compare plans
- Slm Corporation's sponsor-wide assets have grown 42.1% since 2022 across 3 plan years on file. More Finance & Insurance plans