401(k) · DOL Form 5500 · 2024
Navient Corporation 401(k) Plan
Data updated 2026-08-11
- $694M
- Total assets
- 3,630
- Participants
- 98th
- Percentile by assets
- $191,191
- Avg per participant
Official DOL plan name: Navient 401(k) Savings Plan · Sponsored by Navient Corporation · Delaware · Finance & Insurance
$694M in assets, 3,630 participants
Navient Corporation's Navient 401(k) Savings Plan reported $694M in total assets and 3,630 participants in its 2024 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 123,622 plans)
- #8,218 in Finance & Insurance (8,549 peers)
Coverage in Delaware
Navient 401(k) Savings Plan covers 3,630 participants in Delaware, 6.8x the typical Delaware plan (state average ~536 per filing). Assets: $694M.
- $694M
- total plan assets (2024 EOY)
- 3,630
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $191,191
- avg assets per participant
The plan reported a net loss of $28M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Navient 401(k) Savings Plan reported net income fell from $80M in the plan year 2023 filing to -$28M in the plan year 2024 filing.
- Navient 401(k) Savings Plan reported participants fell from 4,106 in the plan year 2023 filing to 3,630 in the plan year 2024 filing.
- Navient 401(k) Savings Plan end-of-year assets fell from $722M in the plan year 2023 filing to $694M in the plan year 2024 filing.
Participants vs Delaware filers
In Delaware, the average filing covers about 536 participants across 397 plans. Navient 401(k) Savings Plan reports 3,630 participants - 6.8x that state average ($694M EOY assets).
Delaware filing particulars
| Total Assets (Beginning of Year) | $722M |
|---|---|
| Net Assets (End of Year) | $694M |
| Net Income | -$28M |
| 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 $8.6B · 17,175
- Retirement Savings Plan $7.0B · 9,658
- Dupont Retirement Savings Plan $3.4B · 9,391
- Wl Gore & Associates, Inc. 401(k) Plan $2.0B · 8,887
- Ashland Employee Savings Plan $1.3B · 1,405
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.
- Penn Entertainment, Inc. 401(k) Plan (PA) $694M · 19,805
- Bradley Arant Boult Cummings LLP Retirement Plan (AL) $694M · 1,201
- Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan (PA) $694M · 1,445
- The Savings and Profit Sharing Plan for Employees of Shelter Insurance Companies (MO) $695M · 2,135
Frequently Asked Questions
How did Navient 401(k) Savings Plan assets move in 2024? ▼
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