SLM Corporation
69
Plan:
38
74
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (69) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $100,400 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Sallie Mae 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Sallie Mae 401k Savings Plan currently has over 10,800 active participants and over $402.6M in plan assets.
Retirement Plan Details
| Address |
2001 Edmund Halley Drive
Reston, VA 20191 |
| Industry | All Other Professional, Scientific, and Technical Services |
| Administrator | Gretchen Johnson |
| Net Plan Assets | $403,000,000 |
| Total Participants | 11,000 |
| Avg Account Balance | $37,000 |
Compare Other Companies in Peer Group
| QinetiQ North America Operations LLC | 78.8 |
| FlightSafety Services | 73.4 |
| General Atomics | 72.5 |
| CBIZ | 71.0 |
| Keane | 69.4 |
| Acxiom | 67.0 |
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