401(k) · DOL Form 5500 · 2023
Slm Corporation 401(k) Plan
Data updated 2026-08-11
- $260M
- Total assets
- 1,653
- Participants
- 96th
- Percentile by assets
- $157,159
- Avg per participant
Official DOL plan name: Sallie Mae 401(k) Savings Plan · Sponsored by Slm Corporation · Delaware · Finance & Insurance
$260M in assets, 1,653 participants
Slm Corporation's Sallie Mae 401(k) Savings Plan reported $260M in total assets and 1,653 participants in its 2023 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 127,072 plans)
- #8,240 in Finance & Insurance (8,869 peers)
Coverage in Delaware
Sallie Mae 401(k) Savings Plan covers 1,653 participants in Delaware, 3.1x the typical Delaware plan (state average ~536 per filing). Assets: $260M.
- $260M
- total plan assets (2023 EOY)
- 1,653
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $157,159
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sallie Mae 401(k) Savings Plan reported net income rose from -$55M in the plan year 2022 filing to $46M in the plan year 2023 filing.
- Sallie Mae 401(k) Savings Plan end-of-year assets rose from $214M in the plan year 2022 filing to $260M in the plan year 2023 filing.
- Sallie Mae 401(k) Savings Plan reported participants rose from 1,411 in the plan year 2022 filing to 1,653 in the plan year 2023 filing.
Participants vs Delaware filers
In Delaware, the average filing covers about 536 participants across 397 plans. Sallie Mae 401(k) Savings Plan reports 1,653 participants - 3.1x that state average ($260M EOY assets).
Delaware filing particulars
| Total Assets (Beginning of Year) | $214M |
|---|---|
| Net Assets (End of Year) | $260M |
| Net Income | $46M |
| 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
- 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 Sallie Mae 401(k) Savings Plan by total assets, not by location.
- Erickson Community 401(k) Plan (MD) $260M · 11,301
- Winco Foods 401(k) Plan (ID) $260M · 20,986
- Cleveland Brothers Retirement Plan (PA) $260M · 1,038
- Smith & Wesson Brands, Inc. Profit Sharing and Investment Plan (TN) $260M · 1,587
Frequently Asked Questions
How did Sallie Mae 401(k) Savings Plan assets move in 2023? ▼
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