401(k)
2023 plan-year 401(k) DOL Form 5500

NAVIENT 401(K) SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

NAVIENT CORPORATION

This 401(k) plan holds $722M in total assets and serves 4,106 participants as of 2023. It is sponsored by NAVIENT CORPORATION in Delaware. The plan reported positive net income of $80M for the year.

Total Assets (2023)
$722M
Participants
4,106
State
Industry
Finance & Insurance

What the Filing Says About NAVIENT 401(K) SAVINGS PLAN

NAVIENT 401(K) SAVINGS PLAN is a 401(k) retirement plan sponsored by NAVIENT CORPORATION, headquartered in Delaware. As of the 2023 Form 5500 filing, the plan reports $722M in total end-of-year assets and covers 4,106 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 464054283, and the plan has been effective since 2014-04-30. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $642M at the beginning of 2023 to $722M at year-end — a gain of 12.4%. Net assets (after liabilities) closed the year at $722M, with reported net income of $80M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$642M
Total Assets (End of Year)$722M
Net Assets (End of Year)$722M
Net Income$80M
Plan Type401(k)
Employer EIN464054283
Plan Effective Date2014-04-30
Filing StatusFILING 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.

Frequently Asked Questions

How much money is in the NAVIENT 401(K) SAVINGS PLAN?
As of the 2023 Form 5500 filing, NAVIENT 401(K) SAVINGS PLAN holds $722M in total assets with 4,106 participants. It is sponsored by NAVIENT CORPORATION.
What type of plan is NAVIENT 401(K) SAVINGS PLAN?
NAVIENT 401(K) SAVINGS PLAN is a 401(k) plan. It has been effective since 2014-04-30. The plan is filed with the U.S. Department of Labor under EIN 464054283.
Who sponsors the NAVIENT 401(K) SAVINGS PLAN?
NAVIENT 401(K) SAVINGS PLAN is sponsored by NAVIENT CORPORATION, located in Delaware. The sponsor's EIN is 464054283 and the plan operates in the Finance & Insurance industry.
How did NAVIENT 401(K) SAVINGS PLAN perform in 2023?
NAVIENT 401(K) SAVINGS PLAN grew by 12.4% during 2023, moving from $642M to $722M in total assets. Net income was $80M.
Where can I find official filings for NAVIENT 401(K) SAVINGS PLAN?
Official Form 5500 filings for NAVIENT 401(K) SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 464054283 or plan name at efast.dol.gov.
How does NAVIENT 401(K) SAVINGS PLAN compare to other plans?
You can compare NAVIENT 401(K) SAVINGS PLAN against other 401(k) plans on the plan type page, or view plans in Delaware on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.