401(k) · DOL Form 5500 · 2024

Slm Corporation 401(k) Plan

Data updated 2026-08-25

$304M
Total assets Above avg plan size
1,730
Participants Near avg headcount
96th
Percentile by assets National rank
$175,728
Avg per participant Above avg balance/head
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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.

  • #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.

#7,948
in Finance & Insurance (8,549 peers)
+17.0%
assets growth YoY
3.1×
vs typical plan assets (national mean)

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

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

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

$304,009,804 Top 4% higher than 96% 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

Sallie Mae 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. Sallie Mae 401(k) Savings Plan lands in the large band (1,730 participants).

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.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 922304918 · Slm Corporation PY 2024 · 401(k)

Sallie Mae 401(k) Savings Plan · $304M · 1,730 · 96th

  • TYPE $304M
  • TYPE 1,730
  • TYPE 96th
  • TYPE 401(k)
  • TYPE near Weis Markets, Inc. Retirement Savings Plan
  • TYPE ind #7948

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 →

Sallie Mae 401(k) Savings Plan in the asset neighbourhood

Sallie Mae 401(k) Savings PlanSallie Mae 401(k) Savings Pl…$304MWeis Markets, Inc. Retirement Savings PlanWeis Markets, Inc. Retiremen…$304MFast Enterprises, LLC Profit Sharing 401(k) PlanFast Enterprises, LLC Profit…$304MThe Gemological Institute of America, Inc. 401(k) PlanThe Gemological Institute of…$304MAgfa Corporation Employee Savings PlanAgfa Corporation Employee Sa…$304M
End-of-year total assets ($M) among Sallie Mae 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)$260M
Net Assets (End of Year)$304M
Net Income$44M
Employer EIN922304918
Plan Effective Date1974-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Slm Corporation)

Sponsor-wide plan assets over time

All Slm Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$304M 42.116380305941455% vs 2022
2024 filing year
$200M$250M$300M$350M 202220232024 $214M $304M ▲ +42.1%
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 Scatter plot of 6 data points. 05000100001500020000 -20246810 Total assets ($B) Participants Sallie Mae 401(k) Savings Plan, Total assets ($B): 0.304009804 · Participants: 1730Sallie Mae 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
Sallie Mae 401(k) Savings Plan vs. nearby 401(k) plans in Delaware, assets vs. participants
Compare Sallie Mae 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Delaware, the nearest 401(k) by assets is Weis Markets, Inc. Retirement Savings Plan in PA ($304M); by covered participants it is Pete's Fresh Market 401(k) Plan in IL (1,730 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,730 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 Sallie Mae 401(k) Savings Plan assets move in 2024? ▼
Sallie Mae 401(k) Savings Plan grew sharply - up 17.0% during 2024, from $260M to $304M. Reported net income was $44M.
How have Slm Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Slm Corporation's sponsor-wide assets grew 42.1%, from $214M to $304M.
Where does Sallie Mae 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Sallie Mae 401(k) Savings Plan ranks in the 96th 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 Sallie Mae 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Weis Markets, Inc. Retirement Savings Plan in PA ($304M, 22,246 participants).
Which 401(k) plans cover a similar participant headcount to Sallie Mae 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pete's Fresh Market 401(k) Plan in IL (1,730 participants, $6M 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 922304918.

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.