401(k) · DOL Form 5500 · 2022
Navient Corporation 401(k) Plan
Data updated 2026-08-11
- $642M
- Total assets
- 5,920
- Participants
- 98th
- Percentile by assets
- $108,457
- Avg per participant
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.
- 98th percentile by assets (of 139,126 plans)
- #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.
- $642M
- total plan assets (2022 EOY)
- 5,920
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $108,457
- avg assets per participant
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.
Participants vs Delaware filers
In Delaware, the average filing covers about 536 participants across 397 plans. Navient 401(k) Savings Plan reports 5,920 participants - 11x that state average ($642M EOY assets).
Delaware filing particulars
| Total Assets (Beginning of Year) | $825M |
|---|---|
| Net Assets (End of Year) | $642M |
| Net Income | -$183M |
| Employer EIN | 464054283 |
| Plan Effective Date | 2014-04-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Navient Corporation)
| 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
- 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
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 (401(k), $694M, 3,630 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Navient 401(k) Savings Plan by total assets, not by location.
- Hanesbrands Inc. Retirement Savings Plan (NC) $642M · 6,504
- Applied Industrial Technologies, Inc. Retirement Savings Plan (OH) $641M · 4,672
- Infineon Technologies Savings Plan (CA) $641M · 2,011
- Aultman 401(k) Plan (OH) $641M · 6,515
Frequently Asked Questions
How did Navient 401(k) Savings Plan assets move in 2022? ▼
How have Navient Corporation plan assets changed over time? ▼
Where does Navient 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Navient 401(k) Savings Plan? ▼
Next read for Navient 401(k) Savings Plan
Filing takeaways
Ways to act on Navient 401(k) Savings Plan's numbers.
- By total assets, Navient 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
- Navient Corporation's sponsor-wide assets have grown 8.1% since 2022 across 3 plan years on file. More Finance & Insurance plans