401(k) · DOL Form 5500 · 2023
Navient Corporation 401(k) Plan
Data updated 2026-08-11
- $722M
- Total assets
- 4,106
- Participants
- 98th
- Percentile by assets
- $175,813
- Avg per participant
Official DOL plan name: Navient 401(k) Savings Plan · Sponsored by Navient Corporation · Delaware · Finance & Insurance
$722M in assets, 4,106 participants
Navient Corporation's Navient 401(k) Savings Plan reported $722M in total assets and 4,106 participants in its 2023 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 127,072 plans)
- #8,565 in Finance & Insurance (8,869 peers)
Coverage in Delaware
Navient 401(k) Savings Plan covers 4,106 participants in Delaware, 7.7x the typical Delaware plan (state average ~536 per filing). Assets: $722M.
- $722M
- total plan assets (2023 EOY)
- 4,106
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $175,813
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Navient 401(k) Savings Plan reported net income rose from -$183M in the plan year 2022 filing to $80M in the plan year 2023 filing.
- Navient 401(k) Savings Plan reported participants fell from 5,920 in the plan year 2022 filing to 4,106 in the plan year 2023 filing.
- Navient 401(k) Savings Plan end-of-year assets rose from $642M in the plan year 2022 filing to $722M in the plan year 2023 filing.
Participants vs Delaware filers
In Delaware, the average filing covers about 536 participants across 397 plans. Navient 401(k) Savings Plan reports 4,106 participants - 7.7x that state average ($722M EOY assets).
Delaware filing particulars
| Total Assets (Beginning of Year) | $642M |
|---|---|
| Net Assets (End of Year) | $722M |
| Net Income | $80M |
| 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
- Astrazeneca Savings and Security Plan $7.6B · 13,734
- Retirement Savings Plan $6.8B · 9,968
- Dupont Retirement Savings Plan $3.2B · 9,918
- Wl Gore & Associates, Inc. 401(k) Plan $1.8B · 8,557
- Ashland Employee Savings Plan $1.3B · 1,647
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.
- Trinity Health 401(k) Retirement Savings Plan (MI) $722M · 5,942
- Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center, Inc. 401(k) Savings and Investment Plan (MA) $722M · 2,150
- Brightspring Health Services Retirement Savings Plan (KY) $722M · 42,866
- Rich's 401(k) Plan (NY) $722M · 5,915
Frequently Asked Questions
How did Navient 401(k) Savings Plan assets move in 2023? ▼
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