Current Snapshot
Latest Year
2024
2024 Participants
1,757
2024 Assets
$304,009,804
2024 Contributions
$27,943,336
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 3 | 1,757 | $304,009,804 | $27,943,336 | $15,904iApproximate average salary by contribution assumption: employee only about $397,600 at 4% or $265,067 at 6%; with 50% employer match about $265,067 at 4% or $176,711 at 6%; with 100% employer match about $198,800 at 4% or $132,533 at 6%. |
| Sallie Mae 401(K) Savings Plan | - | 1,748 | $304,009,804 | $27,943,336 | $15,986iApproximate average salary by contribution assumption: employee only about $399,647 at 4% or $266,432 at 6%; with 50% employer match about $266,432 at 4% or $177,621 at 6%; with 100% employer match about $199,824 at 4% or $133,216 at 6%. |
| Sallie Mae Employees Comprehensive Welfare Benefits Plan | - | 1,757 | - | - | - |
| Sallie Mae Employees' Severance Plan | - | 1,717 | - | - | - |
| 2023 | 3 | 1,740 | $259,783,799 | $23,812,759 | $13,685iApproximate average salary by contribution assumption: employee only about $342,137 at 4% or $228,092 at 6%; with 50% employer match about $228,092 at 4% or $152,061 at 6%; with 100% employer match about $171,069 at 4% or $114,046 at 6%. |
| Sallie Mae 401(K) Savings Plan | - | 1,730 | $259,783,799 | $23,812,759 | $13,765iApproximate average salary by contribution assumption: employee only about $344,115 at 4% or $229,410 at 6%; with 50% employer match about $229,410 at 4% or $152,940 at 6%; with 100% employer match about $172,058 at 4% or $114,705 at 6%. |
| Sallie Mae Employees Comprehensive Welfare Benefits Plan | - | 1,625 | - | - | - |
| Sallie Mae Employees' Severance Plan | - | 1,740 | - | - | - |
| 2022 | 3 | 1,690 | $213,916,090 | $21,479,409 | $12,710iApproximate average salary by contribution assumption: employee only about $317,743 at 4% or $211,828 at 6%; with 50% employer match about $211,828 at 4% or $141,219 at 6%; with 100% employer match about $158,871 at 4% or $105,914 at 6%. |
| Sallie Mae 401(K) Savings Plan | - | 1,653 | $213,916,090 | $21,479,409 | $12,994iApproximate average salary by contribution assumption: employee only about $324,855 at 4% or $216,570 at 6%; with 50% employer match about $216,570 at 4% or $144,380 at 6%; with 100% employer match about $162,427 at 4% or $108,285 at 6%. |
| Sallie Mae Employees Comprehensive Welfare Benefits Plan | - | 1,688 | - | - | - |
| Sallie Mae Employees' Severance Plan | - | 1,690 | - | - | - |