401(k) · DOL Form 5500 · 2022

Navient Corporation 401(k) Plan

Data updated 2026-08-25

$642M
Total assets Above avg plan size
5,920
Participants Above avg headcount
98th
Percentile by assets National rank
$108,457
Avg per participant Below avg balance/head
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Official DOL plan name: Navient 401(k) Savings Plan · Sponsored by Navient Corporation · Delaware · Finance & Insurance

$642M in assets, 5,920 participants

Navient Corporation's Navient 401(k) Savings Plan reported $642M in total assets and 5,920 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,960 in Finance & Insurance (9,261 peers)

Coverage in Delaware

Navient 401(k) Savings Plan covers 5,920 participants in Delaware, 11x the typical Delaware plan (state average ~536 per filing). Assets: $642M.

#8,960
in Finance & Insurance (9,261 peers)
-22.2%
assets change YoY
6.4×
vs typical plan assets (national mean)

The plan reported a net loss of $183M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Navient 401(k) Savings Plan's outsized position by total assets

Navient 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$642,062,837 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Navient 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Navient 401(k) Savings Plan lands in the large band (5,920 participants).

Published 5500 schedule card

Filing strip 464054283 · Navient Corporation PY 2022 · 401(k)

Navient 401(k) Savings Plan · $642M · 5,920 · 98th

  • PHOTO $642M
  • PHOTO 5,920
  • PHOTO 98th
  • PHOTO 401(k)
  • PHOTO near Hanesbrands Inc. Retirement Savings Plan
  • PHOTO ind #8960

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Delaware →

Navient 401(k) Savings Plan in the asset neighbourhood

Hanesbrands Inc. Retirement Savings PlanHanesbrands Inc. Retirement …$642MNavient 401(k) Savings Plan$642MApplied Industrial Technologies, Inc. Retirement Savings PlanApplied Industrial Technolog…$641MInfineon Technologies Savings PlanInfineon Technologies Saving…$641MAultman 401(k) Plan$641M
End-of-year total assets ($M) among Navient 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Delaware filing particulars

Total Assets (Beginning of Year)$825M
Net Assets (End of Year)$642M
Net Income-$183M
Employer EIN464054283
Plan Effective Date2014-04-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Navient Corporation)

Sponsor-wide plan assets over time

All Navient Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$694M 8.092829082397117% vs 2022
2024 filing year
$600M$650M$700M$750M 202220232024 $642M $694M ▲ +8.1%
Year Plans Participants Total Assets
2022 1 5,920 $642M
2023 1 4,106 $722M
2024 1 3,630 $694M

Nearby 401(k) Plans in Delaware

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Navient 401(k) Savings Plan vs. nearby 401(k) plans in Delaware, assets vs. participants Scatter plot of 6 data points. 050001000015000 02468 Total assets ($B) Participants Navient 401(k) Savings Plan, Total assets ($B): 0.642062837 · Participants: 5920Navient 401(k) Savings PlanRetirement Savings Plan, Total assets ($B): 6.556844337 · Participants: 9866Retirement Savings PlanAstrazeneca Savings and Security Plan, Total assets ($B): 6.080434696 · Participants: 13301Astrazeneca Savings and Security PlanDupont Retirement Savings Plan, Total assets ($B): 2.963536374 · Participants: 11033Dupont Retirement Savings PlanWl Gore & Associates, Inc. 401(k) Plan, Total assets ($B): 1.437172534 · Participants: 7952Wl Gore & Associates, Inc. 401(k) PlanAshland Employee Savings Plan, Total assets ($B): 1.201689819 · Participants: 1887Ashland Employee Savings Plan
Navient 401(k) Savings Plan vs. nearby 401(k) plans in Delaware, assets vs. participants
Compare Navient 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for Navient 401(k) Savings Plan

Navient 401(k) Savings Plan reports $642M in end-of-year assets across 5,920 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $108,457 per participant (78% of the national average assets-per-participant) . Net income for plan year 2022 was -$183M.

This plan identity (EIN 464054283, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $642M to $694M (+8.1%) while covered participants moved from 5,920 to 3,630 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,920 $642M This page
2023 4,106 $722M Open filing
2024 · index core 3,630 $694M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Navient 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Delaware, the nearest 401(k) by assets is Hanesbrands Inc. Retirement Savings Plan in NC ($642M); by covered participants it is Phoenix Children's Hospital Section 401(k) Investment Plan in AZ (5,921 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($642M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,920 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Navient 401(k) Savings Plan assets move in 2022? ▼
Navient 401(k) Savings Plan declined sharply - down 22.2% during 2022, from $825M to $642M. Reported net income was -$183M.
How have Navient Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Navient Corporation's sponsor-wide assets grew 8.1%, from $642M to $694M.
Where does Navient 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Navient 401(k) Savings Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Navient 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hanesbrands Inc. Retirement Savings Plan in NC ($642M, 6,504 participants).
Which 401(k) plans cover a similar participant headcount to Navient 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Phoenix Children's Hospital Section 401(k) Investment Plan in AZ (5,921 participants, $461M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 464054283.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.