Sallie Mae 401(K) Savings Plan — Form 5500 plan (Slm Corporation)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Sallie Mae 401(K) Savings Plan is a benefit plan reported by Slm Corporation under EIN 92-2304918 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,183 participants and $259,783,799 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Slm Corporation
- EIN
- 92-2304918
- Plan number
- 001
- Plan type
- 2
- Location
- Newark, DE
- Latest filing year
- 2023
- Participants
- 2,183
- End-of-year plan assets
- $259,783,799
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,183 | H, C | 20241011083313NAL0038206064001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $259,783,799
- Total liabilities (EOY)
- $15
- Net assets (EOY)
- $259,783,784
- Net assets (BOY)
- $213,916,090
Income & contributions
- Employer contributions
- $7,539,031
- Participant contributions
- $13,884,519
- Total contributions
- $23,812,759
- Total income / additions
- $67,660,672
Expenses & distributions
- Benefits paid
- $21,739,269
- Administrative expenses
- $32,340
- Total expenses
- $21,792,978
- Net increase / (decrease)
- $45,867,694
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ubs Financial Services Inc | ADVISOR | $98,296 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $61,546 | not reported in the loaded dataset | 2023 |
| Cohnreznick | ACCOUNTANT/AUDITOR | $33,100 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$151,663 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Slm Corporation
- 2023 Form 5500 filing
- Form 5500 filings in DE
- 401(k) and benefit plan filings in Newark, DE
- Ubs Financial Services Inc — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation
- Cohnreznick — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation