SLM 401(k) plan

SLM Corporation, Newark, DE. EIN 92-2304918. Annual reports 2009–2024.

SLM Corporation has one active retirement plan on file, the Sallie Mae 401(k) Savings Plan, with 2,324 participants and $304 million in assets in 2024. Fidelity has been its recordkeeper since 2009. No traditional pension plan appears in SLM's filings since 2009.

Active plans: 1
Participants: 2,324
Plan assets: $304 million
401(k) recordkeeper: Fidelity
Plans on file: 1
Industry: Finance and insurance

The plan

Sallie Mae 401(k) Savings Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 001Employer EIN 92-2304918
Participants (2024): 2,324
Net assets (2024): $304 million
Recordkeeper: Fidelity2009–2024
Plan administrator: SLM Corporation
300 Continental Drive
Newark, DE 19713
(302) 451-0200As filed for 2024
In effect since: April 1, 1974

Plans merged into this one: Sallie Mae 401K Retirement Savings Plan (2009); Sallie Mae Cash Account Retirement Plan (2012).

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	2,324	$304 million	Fidelity
2023	2,301	$260 million	Fidelity
2022	2,183	$214 million	Fidelity
2021	1,944	$269 million	Fidelity
2020	2,160	$238 million	Fidelity
2019	2,258	$192 million	Fidelity
2018	2,120	$142 million	Fidelity
2017	1,825	$140 million	Fidelity
2016	1,635	$109 million	Fidelity
2015	1,455	$89.7 million	Fidelity
2014	1,376	$85.6 million	Fidelity
2013	10,205	$532 million	Fidelity
2012	9,716	$430 million	Fidelity
2011	10,251	$390 million	Fidelity
2010	10,820	$398 million	Fidelity
2009	11,811	$362 million	Fidelity

If you had money in one of these plans

Call Fidelity (fidelity.com), which runs the Sallie Mae 401(k) Savings Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
Or call the plan administrator listed on the plan below ((302) 451-0200). That number was filed for 2024; ask for the benefits or retirement plan office.
Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

The plan

Sallie Mae 401(k) Savings Plan

If you had money in one of these plans

What these numbers are

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