401(k) · DOL Form 5500 · 2024

Navient Corporation 401(k) Plan

Data updated 2026-08-25

$694M
Total assets Above avg plan size
3,630
Participants Above avg headcount
98th
Percentile by assets National rank
$191,191
Avg per participant Above avg balance/head
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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.

  • #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.

#8,218
in Finance & Insurance (8,549 peers)
-3.9%
assets change YoY
7.0×
vs typical plan assets (national mean)

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.

Navient 401(k) Savings Plan's outsized position by total assets

Navient 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$694,023,885 Top 2% higher than 98% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Navient 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Navient 401(k) Savings Plan lands in the large band (3,630 participants).

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.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 464054283 · Navient Corporation PY 2024 · 401(k)

Navient 401(k) Savings Plan · $694M · 3,630 · 98th

  • IND $694M
  • EOY 3,630
  • 5500 98th
  • ASSETS 401(k)
  • PCT near Penn Entertainment, Inc. 401(k) Plan
  • EIN ind #8218

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Delaware →

Navient 401(k) Savings Plan in the asset neighbourhood

The Savings and Profit Sharing Plan for Employees of Shelter Insurance CompaniesThe Savings and Profit Shari…$695MBradley Arant Boult Cummings LLP Retirement PlanBradley Arant Boult Cummings…$694MNavient 401(k) Savings Plan$694MPenn Entertainment, Inc. 401(k) PlanPenn Entertainment, Inc. 401…$694MFederated Hermes, Inc. Employees Profit Sharing / 401(k) PlanFederated Hermes, Inc. Emplo…$694M
End-of-year total assets ($M) among Navient 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Delaware filing particulars

Total Assets (Beginning of Year)$722M
Net Assets (End of Year)$694M
Net Income-$28M
Employer EIN464054283
Plan Effective Date2014-04-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Navient Corporation)

Sponsor-wide plan assets over time

All Navient Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$694M 8.092829082397117% vs 2022
2024 filing year
$600M$650M$700M$750M 202220232024 $642M $694M ▲ +8.1%
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 Scatter plot of 6 data points. 05000100001500020000 0246810 Total assets ($B) Participants Navient 401(k) Savings Plan, Total assets ($B): 0.694023885 · Participants: 3630Navient 401(k) Savings PlanAstrazeneca Savings and Security Plan, Total assets ($B): 8.644002344 · Participants: 17175Astrazeneca Savings and Security PlanRetirement Savings Plan, Total assets ($B): 7.020466008 · Participants: 9658Retirement Savings PlanDupont Retirement Savings Plan, Total assets ($B): 3.411317052 · Participants: 9391Dupont Retirement Savings PlanWl Gore & Associates, Inc. 401(k) Plan, Total assets ($B): 2.009619555 · Participants: 8887Wl Gore & Associates, Inc. 401(k) PlanAshland Employee Savings Plan, Total assets ($B): 1.306775357 · Participants: 1405Ashland Employee Savings Plan
Navient 401(k) Savings Plan vs. nearby 401(k) plans in Delaware, assets vs. participants
Compare Navient 401(k) Savings Plan side-by-side with 3 peers →

Navient 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Delaware, the nearest 401(k) by assets is Penn Entertainment, Inc. 401(k) Plan in PA ($694M); by covered participants it is Employer Solutions Group Retirement Savings Plan in MN (3,629 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,630 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Navient 401(k) Savings Plan assets move in 2024? ▼
Navient 401(k) Savings Plan edged down modestly - down 3.9% during 2024, from $722M to $694M. Reported net income was -$28M.
How have Navient Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Navient Corporation's sponsor-wide assets grew 8.1%, from $642M to $694M.
Where does Navient 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Navient 401(k) Savings Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Navient 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Penn Entertainment, Inc. 401(k) Plan in PA ($694M, 19,805 participants).
Which 401(k) plans cover a similar participant headcount to Navient 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Employer Solutions Group Retirement Savings Plan in MN (3,629 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.