401(k) · DOL Form 5500 · 2024
Slm Corporation 401(k) Plan
Data updated 2026-08-11
- $304M
- Total assets
- 1,730
- Participants
- 96th
- Percentile by assets
- $175,728
- Avg per participant
Official DOL plan name: Sallie Mae 401(k) Savings Plan · Sponsored by Slm Corporation · Delaware · Finance & Insurance
$304M in assets, 1,730 participants
Slm Corporation's Sallie Mae 401(k) Savings Plan reported $304M in total assets and 1,730 participants in its 2024 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 123,622 plans)
- #7,948 in Finance & Insurance (8,549 peers)
Coverage in Delaware
Sallie Mae 401(k) Savings Plan covers 1,730 participants in Delaware, 3.2x the typical Delaware plan (state average ~536 per filing). Assets: $304M.
- $304M
- total plan assets (2024 EOY)
- 1,730
- covered participants
- 96th
- percentile by assets (of 123,622 plans)
- $175,728
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sallie Mae 401(k) Savings Plan end-of-year assets rose from $260M in the plan year 2023 filing to $304M in the plan year 2024 filing.
- Sallie Mae 401(k) Savings Plan reported participants rose from 1,653 in the plan year 2023 filing to 1,730 in the plan year 2024 filing.
- Sallie Mae 401(k) Savings Plan reported net income fell from $46M in the plan year 2023 filing to $44M in the plan year 2024 filing.
Participants vs Delaware filers
In Delaware, the average filing covers about 536 participants across 397 plans. Sallie Mae 401(k) Savings Plan reports 1,730 participants - 3.2x that state average ($304M EOY assets).
Delaware filing particulars
| Total Assets (Beginning of Year) | $260M |
|---|---|
| Net Assets (End of Year) | $304M |
| Net Income | $44M |
| 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 $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 Sallie Mae 401(k) Savings Plan by total assets, not by location.
- Weis Markets, Inc. Retirement Savings Plan (PA) $304M · 22,246
- Fast Enterprises, LLC Profit Sharing 401(k) Plan (CO) $304M · 1,763
- The Gemological Institute of America, Inc. 401(k) Plan (CA) $304M · 1,102
- Agfa Corporation Employee Savings Plan (NJ) $304M · 281
Frequently Asked Questions
How did Sallie Mae 401(k) Savings Plan assets move in 2024? ▼
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