401k Plan data: SALLIE MAE 401(K) SAVINGS PLAN plan

SALLIE MAE 401(K) SAVINGS PLAN 401k Plan overview

Plan Name	SALLIE MAE 401(K) SAVINGS PLAN
Plan identification number	001

SALLIE MAE 401(K) SAVINGS PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Participant-directed brokerage accounts provided as an investment option under the plan.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

SLM CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: SLM CORPORATION

Employer identification number (EIN): 522013874

NAIC Classification: 522291
NAIC Description: Consumer Lending

Additional information about SLM CORPORATION

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 2693555

More information about SLM CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SALLIE MAE 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2018-01-01
001 2017-01-01 TINA VOGEL
001 2016-01-01 TINA VOGEL TINA VOGEL 2017-09-29
001 2015-01-01 TINA VOGEL TINA VOGEL 2016-07-29
001 2015-01-01 TINA VOGEL TINA VOGEL 2016-09-29
001 2014-01-01 TINA VOGEL TINA VOGEL 2015-10-13
001 2013-01-01 TINA VOGEL TINA VOGEL 2014-10-13
001 2012-01-01 GRETCHEN JOHNSON GRETCHEN JOHNSON 2013-07-30
001 2011-01-01 GRETCHEN JOHNSON
001 2010-01-01 GRETCHEN JOHNSON
001 2009-01-01 GRETCHEN JOHNSON

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2018-01-01
001	2017-01-01	TINA VOGEL
001	2016-01-01	TINA VOGEL	TINA VOGEL	2017-09-29
001	2015-01-01	TINA VOGEL	TINA VOGEL	2016-07-29
001	2015-01-01	TINA VOGEL	TINA VOGEL	2016-09-29
001	2014-01-01	TINA VOGEL	TINA VOGEL	2015-10-13
001	2013-01-01	TINA VOGEL	TINA VOGEL	2014-10-13
001	2012-01-01	GRETCHEN JOHNSON	GRETCHEN JOHNSON	2013-07-30
001	2011-01-01	GRETCHEN JOHNSON
001	2010-01-01	GRETCHEN JOHNSON
001	2009-01-01	GRETCHEN JOHNSON

Plan Statistics for SALLIE MAE 401(K) SAVINGS PLAN

401k plan membership statisitcs for SALLIE MAE 401(K) SAVINGS PLAN

Measure Date Value
2021: SALLIE MAE 401(K) SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 2,160
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 1,411
Number of retired or separated participants receiving benefits 2021-01-01 6
Number of other retired or separated participants entitled to future benefits 2021-01-01 526
Total of all active and inactive participants 2021-01-01 1,943
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 1
Total participants 2021-01-01 1,944
Number of participants with account balances 2021-01-01 1,909
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 8
2020: SALLIE MAE 401(K) SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 2,258
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 1,620
Number of retired or separated participants receiving benefits 2020-01-01 3
Number of other retired or separated participants entitled to future benefits 2020-01-01 536
Total of all active and inactive participants 2020-01-01 2,159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 1
Total participants 2020-01-01 2,160
Number of participants with account balances 2020-01-01 2,078
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 2
2019: SALLIE MAE 401(K) SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 2,120
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 1,871
Number of retired or separated participants receiving benefits 2019-01-01 3
Number of other retired or separated participants entitled to future benefits 2019-01-01 383
Total of all active and inactive participants 2019-01-01 2,257
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 1
Total participants 2019-01-01 2,258
Number of participants with account balances 2019-01-01 2,188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 1
2018: SALLIE MAE 401(K) SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 1,825
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 1,776
Number of retired or separated participants receiving benefits 2018-01-01 2
Number of other retired or separated participants entitled to future benefits 2018-01-01 342
Total of all active and inactive participants 2018-01-01 2,120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 2,120
Number of participants with account balances 2018-01-01 2,036
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 65
2017: SALLIE MAE 401(K) SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 1,635
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 1,499
Number of retired or separated participants receiving benefits 2017-01-01 1
Number of other retired or separated participants entitled to future benefits 2017-01-01 325
Total of all active and inactive participants 2017-01-01 1,825
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 1,825
Number of participants with account balances 2017-01-01 1,824
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 120
2016: SALLIE MAE 401(K) SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 1,455
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 1,295
Number of retired or separated participants receiving benefits 2016-01-01 1
Number of other retired or separated participants entitled to future benefits 2016-01-01 338
Total of all active and inactive participants 2016-01-01 1,634
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 1
Total participants 2016-01-01 1,635
Number of participants with account balances 2016-01-01 1,611
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 93
2015: SALLIE MAE 401(K) SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 1,376
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 1,134
Number of retired or separated participants receiving benefits 2015-01-01 1
Number of other retired or separated participants entitled to future benefits 2015-01-01 320
Total of all active and inactive participants 2015-01-01 1,455
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 1,455
Number of participants with account balances 2015-01-01 1,453
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 68
2014: SALLIE MAE 401(K) SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 10,205
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 1,020
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 356
Total of all active and inactive participants 2014-01-01 1,376
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 1,376
Number of participants with account balances 2014-01-01 1,357
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 21
2013: SALLIE MAE 401(K) SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 9,716
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 7,066
Number of retired or separated participants receiving benefits 2013-01-01 15
Number of other retired or separated participants entitled to future benefits 2013-01-01 3,121
Total of all active and inactive participants 2013-01-01 10,202
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 3
Total participants 2013-01-01 10,205
Number of participants with account balances 2013-01-01 10,035
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 1,153
2012: SALLIE MAE 401(K) SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 10,251
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 6,910
Number of retired or separated participants receiving benefits 2012-01-01 32
Number of other retired or separated participants entitled to future benefits 2012-01-01 2,768
Total of all active and inactive participants 2012-01-01 9,710
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 6
Total participants 2012-01-01 9,716
Number of participants with account balances 2012-01-01 9,484
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 641
2011: SALLIE MAE 401(K) SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 10,820
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 6,954
Number of retired or separated participants receiving benefits 2011-01-01 37
Number of other retired or separated participants entitled to future benefits 2011-01-01 3,244
Total of all active and inactive participants 2011-01-01 10,235
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 16
Total participants 2011-01-01 10,251
Number of participants with account balances 2011-01-01 10,066
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 723
2010: SALLIE MAE 401(K) SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 11,811
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 7,364
Number of retired or separated participants receiving benefits 2010-01-01 37
Number of other retired or separated participants entitled to future benefits 2010-01-01 3,401
Total of all active and inactive participants 2010-01-01 10,802
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 18
Total participants 2010-01-01 10,820
Number of participants with account balances 2010-01-01 10,737
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 1,118
2009: SALLIE MAE 401(K) SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 7,741
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 8,127
Number of retired or separated participants receiving benefits 2009-01-01 33
Number of other retired or separated participants entitled to future benefits 2009-01-01 3,633
Total of all active and inactive participants 2009-01-01 11,793
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 18
Total participants 2009-01-01 11,811
Number of participants with account balances 2009-01-01 11,789
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 7

Measure	Date	Value
2021: SALLIE MAE 401(K) SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	2,160
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	1,411
Number of retired or separated participants receiving benefits	2021-01-01	6
Number of other retired or separated participants entitled to future benefits	2021-01-01	526
Total of all active and inactive participants	2021-01-01	1,943
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	1
Total participants	2021-01-01	1,944
Number of participants with account balances	2021-01-01	1,909
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	8
2020: SALLIE MAE 401(K) SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	2,258
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	1,620
Number of retired or separated participants receiving benefits	2020-01-01	3
Number of other retired or separated participants entitled to future benefits	2020-01-01	536
Total of all active and inactive participants	2020-01-01	2,159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	1
Total participants	2020-01-01	2,160
Number of participants with account balances	2020-01-01	2,078
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	2
2019: SALLIE MAE 401(K) SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	2,120
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	1,871
Number of retired or separated participants receiving benefits	2019-01-01	3
Number of other retired or separated participants entitled to future benefits	2019-01-01	383
Total of all active and inactive participants	2019-01-01	2,257
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	1
Total participants	2019-01-01	2,258
Number of participants with account balances	2019-01-01	2,188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	1
2018: SALLIE MAE 401(K) SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	1,825
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	1,776
Number of retired or separated participants receiving benefits	2018-01-01	2
Number of other retired or separated participants entitled to future benefits	2018-01-01	342
Total of all active and inactive participants	2018-01-01	2,120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	2,120
Number of participants with account balances	2018-01-01	2,036
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	65
2017: SALLIE MAE 401(K) SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	1,635
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	1,499
Number of retired or separated participants receiving benefits	2017-01-01	1
Number of other retired or separated participants entitled to future benefits	2017-01-01	325
Total of all active and inactive participants	2017-01-01	1,825
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	1,825
Number of participants with account balances	2017-01-01	1,824
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	120
2016: SALLIE MAE 401(K) SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	1,455
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	1,295
Number of retired or separated participants receiving benefits	2016-01-01	1
Number of other retired or separated participants entitled to future benefits	2016-01-01	338
Total of all active and inactive participants	2016-01-01	1,634
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	1
Total participants	2016-01-01	1,635
Number of participants with account balances	2016-01-01	1,611
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	93
2015: SALLIE MAE 401(K) SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	1,376
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	1,134
Number of retired or separated participants receiving benefits	2015-01-01	1
Number of other retired or separated participants entitled to future benefits	2015-01-01	320
Total of all active and inactive participants	2015-01-01	1,455
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	1,455
Number of participants with account balances	2015-01-01	1,453
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	68
2014: SALLIE MAE 401(K) SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	10,205
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	1,020
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	356
Total of all active and inactive participants	2014-01-01	1,376
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	1,376
Number of participants with account balances	2014-01-01	1,357
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	21
2013: SALLIE MAE 401(K) SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	9,716
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	7,066
Number of retired or separated participants receiving benefits	2013-01-01	15
Number of other retired or separated participants entitled to future benefits	2013-01-01	3,121
Total of all active and inactive participants	2013-01-01	10,202
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	3
Total participants	2013-01-01	10,205
Number of participants with account balances	2013-01-01	10,035
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	1,153
2012: SALLIE MAE 401(K) SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	10,251
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	6,910
Number of retired or separated participants receiving benefits	2012-01-01	32
Number of other retired or separated participants entitled to future benefits	2012-01-01	2,768
Total of all active and inactive participants	2012-01-01	9,710
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	6
Total participants	2012-01-01	9,716
Number of participants with account balances	2012-01-01	9,484
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	641
2011: SALLIE MAE 401(K) SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	10,820
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	6,954
Number of retired or separated participants receiving benefits	2011-01-01	37
Number of other retired or separated participants entitled to future benefits	2011-01-01	3,244
Total of all active and inactive participants	2011-01-01	10,235
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	16
Total participants	2011-01-01	10,251
Number of participants with account balances	2011-01-01	10,066
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	723
2010: SALLIE MAE 401(K) SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	11,811
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	7,364
Number of retired or separated participants receiving benefits	2010-01-01	37
Number of other retired or separated participants entitled to future benefits	2010-01-01	3,401
Total of all active and inactive participants	2010-01-01	10,802
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	18
Total participants	2010-01-01	10,820
Number of participants with account balances	2010-01-01	10,737
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	1,118
2009: SALLIE MAE 401(K) SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	7,741
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	8,127
Number of retired or separated participants receiving benefits	2009-01-01	33
Number of other retired or separated participants entitled to future benefits	2009-01-01	3,633
Total of all active and inactive participants	2009-01-01	11,793
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	18
Total participants	2009-01-01	11,811
Number of participants with account balances	2009-01-01	11,789
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	7

Financial Data on SALLIE MAE 401(K) SAVINGS PLAN

Measure	Date	Value
2021 : SALLIE MAE 401(K) SAVINGS PLAN 2021 401k financial data
Unrealized appreciation/depreciation of real estate assets	2021-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2021-12-31	$-44,119
Total unrealized appreciation/depreciation of assets	2021-12-31	$-44,119
Total transfer of assets to this plan	2021-12-31	$0
Total transfer of assets from this plan	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Expenses. Interest paid	2021-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$57,462,728
Total loss/gain on sale of assets	2021-12-31	$256,221
Total of all expenses incurred	2021-12-31	$26,327,316
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$26,292,581
Expenses. Certain deemed distributions of participant loans	2021-12-31	$11,626
Value of total corrective distributions	2021-12-31	$131
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$20,597,802
Value of total assets at end of year	2021-12-31	$269,139,058
Value of total assets at beginning of year	2021-12-31	$238,003,646
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$22,978
Total income from rents	2021-12-31	$0
Total interest from all sources	2021-12-31	$107,624
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$20,079,041
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$20,060,788
Assets. Real estate other than employer real property at end of year	2021-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2021-12-31	$0
Administrative expenses professional fees incurred	2021-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2021-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2021-12-31	$171,365
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$40,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$12,499,089
Participant contributions at end of year	2021-12-31	$2,876,493
Participant contributions at beginning of year	2021-12-31	$2,807,223
Participant contributions at end of year	2021-12-31	$0
Participant contributions at beginning of year	2021-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2021-12-31	$-1,295
Assets. Other investments not covered elsewhere at beginning of year	2021-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$1,052,767
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2021-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2021-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2021-12-31	$0
Assets. Loans (other than to participants) at end of year	2021-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2021-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2021-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2021-12-31	$0
Other income not declared elsewhere	2021-12-31	$0
Administrative expenses (other) incurred	2021-12-31	$-43,295
Liabilities. Value of operating payables at end of year	2021-12-31	$0
Liabilities. Value of operating payables at beginning of year	2021-12-31	$0
Total non interest bearing cash at end of year	2021-12-31	$7,244
Total non interest bearing cash at beginning of year	2021-12-31	$11,854
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Income. Non cash contributions	2021-12-31	$0
Value of net income/loss	2021-12-31	$31,135,412
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$269,139,058
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$238,003,646
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Assets. partnership/joint venture interests at end of year	2021-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2021-12-31	$0
Investment advisory and management fees	2021-12-31	$66,273
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$253,999,993
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$222,950,446
Value of interest in pooled separate accounts at end of year	2021-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2021-12-31	$0
Interest on participant loans	2021-12-31	$106,857
Income. Interest from loans (other than to participants)	2021-12-31	$0
Interest earned on other investments	2021-12-31	$0
Income. Interest from US Government securities	2021-12-31	$0
Income. Interest from corporate debt instruments	2021-12-31	$0
Value of interest in master investment trust accounts at end of year	2021-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2021-12-31	$0
Value of interest in common/collective trusts at end of year	2021-12-31	$7,997,545
Value of interest in common/collective trusts at beginning of year	2021-12-31	$7,477,703
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$1,637,773
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$1,262,033
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$1,262,033
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$767
Assets. Value of investments in 103.12 investment entities at end of year	2021-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2021-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2021-12-31	$0
Asset value of US Government securities at end of year	2021-12-31	$0
Asset value of US Government securities at beginning of year	2021-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$16,425,848
Net investment gain/loss from pooled separate accounts	2021-12-31	$0
Net investment gain or loss from common/collective trusts	2021-12-31	$40,311
Net gain/loss from 103.12 investment entities	2021-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Assets. Invements in employer securities at end of year	2021-12-31	$0
Assets. Invements in employer securities at beginning of year	2021-12-31	$0
Assets. Value of employer real property at end of year	2021-12-31	$0
Assets. Value of employer real property at beginning of year	2021-12-31	$0
Contributions received in cash from employer	2021-12-31	$7,045,946
Employer contributions (assets) at end of year	2021-12-31	$0
Employer contributions (assets) at beginning of year	2021-12-31	$0
Income. Dividends from preferred stock	2021-12-31	$0
Income. Dividends from common stock	2021-12-31	$18,253
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$26,292,581
Asset. Corporate debt instrument preferred debt at end of year	2021-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2021-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2021-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2021-12-31	$0
Contract administrator fees	2021-12-31	$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2021-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2021-12-31	$2,621,305
Assets. Corporate common stocks other than exployer securities at beginning of year	2021-12-31	$3,323,022
Liabilities. Value of benefit claims payable at end of year	2021-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2021-12-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2021-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2021-12-31	$0
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Aggregate proceeds on sale of assets	2021-12-31	$7,466,368
Aggregate carrying amount (costs) on sale of assets	2021-12-31	$7,210,147
Liabilities. Value of acquisition indebtedness at end of year	2021-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2021-12-31	$0
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	COHNREZNICK LLP
Accountancy firm EIN	2021-12-31	221478099
2020 : SALLIE MAE 401(K) SAVINGS PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets	2020-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2020-12-31	$628,860
Total unrealized appreciation/depreciation of assets	2020-12-31	$628,860
Total transfer of assets to this plan	2020-12-31	$0
Total transfer of assets from this plan	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Expenses. Interest paid	2020-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$63,997,037
Total loss/gain on sale of assets	2020-12-31	$1,969,906
Total of all expenses incurred	2020-12-31	$18,453,518
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$18,346,413
Expenses. Certain deemed distributions of participant loans	2020-12-31	$584
Value of total corrective distributions	2020-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$24,426,697
Value of total assets at end of year	2020-12-31	$238,003,646
Value of total assets at beginning of year	2020-12-31	$192,460,127
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$106,521
Total income from rents	2020-12-31	$0
Total interest from all sources	2020-12-31	$133,528
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$8,674,782
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$8,660,531
Assets. Real estate other than employer real property at end of year	2020-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2020-12-31	$0
Administrative expenses professional fees incurred	2020-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2020-12-31	$171,365
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2020-12-31	$225,047
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$40,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$13,955,724
Participant contributions at end of year	2020-12-31	$2,807,223
Participant contributions at beginning of year	2020-12-31	$2,880,256
Participant contributions at end of year	2020-12-31	$0
Participant contributions at beginning of year	2020-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2020-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2020-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$2,444,840
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2020-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2020-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2020-12-31	$77
Assets. Loans (other than to participants) at end of year	2020-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2020-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2020-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2020-12-31	$0
Other income not declared elsewhere	2020-12-31	$0
Administrative expenses (other) incurred	2020-12-31	$40,975
Liabilities. Value of operating payables at end of year	2020-12-31	$0
Liabilities. Value of operating payables at beginning of year	2020-12-31	$0
Total non interest bearing cash at end of year	2020-12-31	$11,854
Total non interest bearing cash at beginning of year	2020-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Income. Non cash contributions	2020-12-31	$0
Value of net income/loss	2020-12-31	$45,543,519
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$238,003,646
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$192,460,127
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Assets. partnership/joint venture interests at end of year	2020-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2020-12-31	$0
Investment advisory and management fees	2020-12-31	$65,546
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$222,950,446
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$176,923,300
Value of interest in pooled separate accounts at end of year	2020-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2020-12-31	$0
Interest on participant loans	2020-12-31	$131,044
Income. Interest from loans (other than to participants)	2020-12-31	$0
Interest earned on other investments	2020-12-31	$0
Income. Interest from US Government securities	2020-12-31	$0
Income. Interest from corporate debt instruments	2020-12-31	$0
Value of interest in master investment trust accounts at end of year	2020-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2020-12-31	$0
Value of interest in common/collective trusts at end of year	2020-12-31	$7,477,703
Value of interest in common/collective trusts at beginning of year	2020-12-31	$4,882,560
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$1,262,033
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$321,475
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$321,475
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$2,484
Assets. Value of investments in 103.12 investment entities at end of year	2020-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2020-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2020-12-31	$0
Asset value of US Government securities at end of year	2020-12-31	$0
Asset value of US Government securities at beginning of year	2020-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$28,084,298
Net investment gain/loss from pooled separate accounts	2020-12-31	$0
Net investment gain or loss from common/collective trusts	2020-12-31	$78,966
Net gain/loss from 103.12 investment entities	2020-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Assets. Invements in employer securities at end of year	2020-12-31	$0
Assets. Invements in employer securities at beginning of year	2020-12-31	$5,730,306
Assets. Value of employer real property at end of year	2020-12-31	$0
Assets. Value of employer real property at beginning of year	2020-12-31	$0
Contributions received in cash from employer	2020-12-31	$8,026,133
Employer contributions (assets) at end of year	2020-12-31	$0
Employer contributions (assets) at beginning of year	2020-12-31	$0
Income. Dividends from preferred stock	2020-12-31	$2
Income. Dividends from common stock	2020-12-31	$14,249
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$18,346,413
Asset. Corporate debt instrument preferred debt at end of year	2020-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2020-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2020-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2020-12-31	$0
Contract administrator fees	2020-12-31	$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2020-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2020-12-31	$3,323,022
Assets. Corporate common stocks other than exployer securities at beginning of year	2020-12-31	$1,497,106
Liabilities. Value of benefit claims payable at end of year	2020-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2020-12-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2020-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2020-12-31	$0
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Aggregate proceeds on sale of assets	2020-12-31	$14,086,785
Aggregate carrying amount (costs) on sale of assets	2020-12-31	$12,116,879
Liabilities. Value of acquisition indebtedness at end of year	2020-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2020-12-31	$0
Opinion of an independent qualified public accountant for this plan	2020-12-31	Unqualified
Accountancy firm name	2020-12-31	COHNREZNICK LLP
Accountancy firm EIN	2020-12-31	221478099
2019 : SALLIE MAE 401(K) SAVINGS PLAN 2019 401k financial data
Unrealized appreciation/depreciation of real estate assets	2019-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2019-12-31	$517,713
Total unrealized appreciation/depreciation of assets	2019-12-31	$517,713
Total transfer of assets to this plan	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$33,455
Expenses. Interest paid	2019-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$58,152,806
Total loss/gain on sale of assets	2019-12-31	$482,044
Total of all expenses incurred	2019-12-31	$7,957,295
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$7,880,386
Expenses. Certain deemed distributions of participant loans	2019-12-31	$954
Value of total corrective distributions	2019-12-31	$270
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$22,220,219
Value of total assets at end of year	2019-12-31	$192,460,127
Value of total assets at beginning of year	2019-12-31	$142,298,071
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$75,685
Total income from rents	2019-12-31	$0
Total interest from all sources	2019-12-31	$138,721
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$7,999,494
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$7,907,247
Assets. Real estate other than employer real property at end of year	2019-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2019-12-31	$0
Administrative expenses professional fees incurred	2019-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2019-12-31	$225,047
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2019-12-31	$119,593
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$40,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$12,142,987
Participant contributions at end of year	2019-12-31	$2,880,256
Participant contributions at beginning of year	2019-12-31	$2,962,381
Participant contributions at end of year	2019-12-31	$0
Participant contributions at beginning of year	2019-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2019-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2019-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$3,354,463
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2019-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2019-12-31	$77
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2019-12-31	$7,207
Assets. Loans (other than to participants) at end of year	2019-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2019-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2019-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$33,455
Other income not declared elsewhere	2019-12-31	$0
Administrative expenses (other) incurred	2019-12-31	$14,783
Liabilities. Value of operating payables at end of year	2019-12-31	$0
Liabilities. Value of operating payables at beginning of year	2019-12-31	$0
Total non interest bearing cash at end of year	2019-12-31	$0
Total non interest bearing cash at beginning of year	2019-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Income. Non cash contributions	2019-12-31	$0
Value of net income/loss	2019-12-31	$50,195,511
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$192,460,127
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$142,264,616
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Assets. partnership/joint venture interests at end of year	2019-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2019-12-31	$0
Investment advisory and management fees	2019-12-31	$60,902
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$176,923,300
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$126,818,102
Value of interest in pooled separate accounts at end of year	2019-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2019-12-31	$0
Interest on participant loans	2019-12-31	$130,946
Income. Interest from loans (other than to participants)	2019-12-31	$0
Interest earned on other investments	2019-12-31	$0
Income. Interest from US Government securities	2019-12-31	$0
Income. Interest from corporate debt instruments	2019-12-31	$0
Value of interest in master investment trust accounts at end of year	2019-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2019-12-31	$0
Value of interest in common/collective trusts at end of year	2019-12-31	$4,882,560
Value of interest in common/collective trusts at beginning of year	2019-12-31	$4,857,693
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$321,475
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$756,189
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$756,189
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$7,775
Assets. Value of investments in 103.12 investment entities at end of year	2019-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2019-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2019-12-31	$0
Asset value of US Government securities at end of year	2019-12-31	$0
Asset value of US Government securities at beginning of year	2019-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$26,691,982
Net investment gain/loss from pooled separate accounts	2019-12-31	$0
Net investment gain or loss from common/collective trusts	2019-12-31	$102,633
Net gain/loss from 103.12 investment entities	2019-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Assets. Invements in employer securities at end of year	2019-12-31	$5,730,306
Assets. Invements in employer securities at beginning of year	2019-12-31	$6,037,356
Assets. Value of employer real property at end of year	2019-12-31	$0
Assets. Value of employer real property at beginning of year	2019-12-31	$0
Contributions received in cash from employer	2019-12-31	$6,722,769
Employer contributions (assets) at end of year	2019-12-31	$0
Employer contributions (assets) at beginning of year	2019-12-31	$0
Income. Dividends from preferred stock	2019-12-31	$0
Income. Dividends from common stock	2019-12-31	$92,247
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$7,880,386
Asset. Corporate debt instrument preferred debt at end of year	2019-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2019-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2019-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2019-12-31	$0
Contract administrator fees	2019-12-31	$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2019-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2019-12-31	$1,497,106
Assets. Corporate common stocks other than exployer securities at beginning of year	2019-12-31	$739,550
Liabilities. Value of benefit claims payable at end of year	2019-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2019-12-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2019-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2019-12-31	$0
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Aggregate proceeds on sale of assets	2019-12-31	$7,286,626
Aggregate carrying amount (costs) on sale of assets	2019-12-31	$6,804,582
Liabilities. Value of acquisition indebtedness at end of year	2019-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2019-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	No
Opinion of an independent qualified public accountant for this plan	2019-12-31	Unqualified
Accountancy firm name	2019-12-31	COHNREZNICK LLP
Accountancy firm EIN	2019-12-31	221478099
2018 : SALLIE MAE 401(K) SAVINGS PLAN 2018 401k financial data
Unrealized appreciation/depreciation of real estate assets	2018-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2018-12-31	$-2,446,138
Total unrealized appreciation/depreciation of assets	2018-12-31	$-2,446,138
Total transfer of assets to this plan	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$33,455
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Expenses. Interest paid	2018-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$6,954,219
Total loss/gain on sale of assets	2018-12-31	$145,742
Total of all expenses incurred	2018-12-31	$4,595,918
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$4,546,871
Expenses. Certain deemed distributions of participant loans	2018-12-31	$0
Value of total corrective distributions	2018-12-31	$2,163
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$17,440,380
Value of total assets at end of year	2018-12-31	$142,298,071
Value of total assets at beginning of year	2018-12-31	$139,906,315
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$46,884
Total income from rents	2018-12-31	$0
Total interest from all sources	2018-12-31	$143,150
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$7,917,881
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$7,913,028
Assets. Real estate other than employer real property at end of year	2018-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2018-12-31	$0
Administrative expenses professional fees incurred	2018-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2018-12-31	$119,593
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2018-12-31	$156,036
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$40,000,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$9,914,889
Participant contributions at end of year	2018-12-31	$2,962,381
Participant contributions at beginning of year	2018-12-31	$2,419,736
Participant contributions at end of year	2018-12-31	$0
Participant contributions at beginning of year	2018-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2018-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2018-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$2,149,856
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2018-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2018-12-31	$7,207
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2018-12-31	$53
Assets. Loans (other than to participants) at end of year	2018-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2018-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2018-12-31	$33,455
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2018-12-31	$0
Other income not declared elsewhere	2018-12-31	$0
Administrative expenses (other) incurred	2018-12-31	$106
Liabilities. Value of operating payables at end of year	2018-12-31	$0
Liabilities. Value of operating payables at beginning of year	2018-12-31	$0
Total non interest bearing cash at end of year	2018-12-31	$0
Total non interest bearing cash at beginning of year	2018-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Income. Non cash contributions	2018-12-31	$0
Value of net income/loss	2018-12-31	$2,358,301
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$142,264,616
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$139,906,315
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Assets. partnership/joint venture interests at end of year	2018-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2018-12-31	$0
Investment advisory and management fees	2018-12-31	$46,778
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$126,818,102
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$123,451,264
Value of interest in pooled separate accounts at end of year	2018-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2018-12-31	$0
Interest on participant loans	2018-12-31	$104,004
Income. Interest from loans (other than to participants)	2018-12-31	$0
Interest earned on other investments	2018-12-31	$0
Income. Interest from US Government securities	2018-12-31	$0
Income. Interest from corporate debt instruments	2018-12-31	$0
Value of interest in master investment trust accounts at end of year	2018-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2018-12-31	$0
Value of interest in common/collective trusts at end of year	2018-12-31	$4,857,693
Value of interest in common/collective trusts at beginning of year	2018-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$756,189
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$4,610,480
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$4,610,480
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$39,146
Assets. Value of investments in 103.12 investment entities at end of year	2018-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2018-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2018-12-31	$0
Asset value of US Government securities at end of year	2018-12-31	$0
Asset value of US Government securities at beginning of year	2018-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-16,303,859
Net investment gain/loss from pooled separate accounts	2018-12-31	$0
Net investment gain or loss from common/collective trusts	2018-12-31	$57,063
Net gain/loss from 103.12 investment entities	2018-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Assets. Invements in employer securities at end of year	2018-12-31	$6,037,356
Assets. Invements in employer securities at beginning of year	2018-12-31	$8,562,326
Assets. Value of employer real property at end of year	2018-12-31	$0
Assets. Value of employer real property at beginning of year	2018-12-31	$0
Contributions received in cash from employer	2018-12-31	$5,375,635
Employer contributions (assets) at end of year	2018-12-31	$0
Employer contributions (assets) at beginning of year	2018-12-31	$-294
Income. Dividends from preferred stock	2018-12-31	$0
Income. Dividends from common stock	2018-12-31	$4,853
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$4,546,871
Asset. Corporate debt instrument preferred debt at end of year	2018-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2018-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2018-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2018-12-31	$0
Contract administrator fees	2018-12-31	$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2018-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2018-12-31	$739,550
Assets. Corporate common stocks other than exployer securities at beginning of year	2018-12-31	$706,714
Liabilities. Value of benefit claims payable at end of year	2018-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2018-12-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2018-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2018-12-31	$0
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Aggregate proceeds on sale of assets	2018-12-31	$9,742,537
Aggregate carrying amount (costs) on sale of assets	2018-12-31	$9,596,795
Liabilities. Value of acquisition indebtedness at end of year	2018-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2018-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	No
Opinion of an independent qualified public accountant for this plan	2018-12-31	Unqualified
Accountancy firm name	2018-12-31	COHNREZNICK LLP
Accountancy firm EIN	2018-12-31	221478099
2017 : SALLIE MAE 401(K) SAVINGS PLAN 2017 401k financial data
Unrealized appreciation/depreciation of real estate assets	2017-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2017-12-31	$-61,055
Total unrealized appreciation/depreciation of assets	2017-12-31	$-61,055
Total transfer of assets to this plan	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Expenses. Interest paid	2017-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$35,930,761
Total loss/gain on sale of assets	2017-12-31	$176,616
Total of all expenses incurred	2017-12-31	$4,644,063
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$4,621,105
Expenses. Certain deemed distributions of participant loans	2017-12-31	$0
Value of total corrective distributions	2017-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$14,697,360
Value of total assets at end of year	2017-12-31	$139,906,315
Value of total assets at beginning of year	2017-12-31	$108,619,617
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$22,958
Total income from rents	2017-12-31	$0
Total interest from all sources	2017-12-31	$98,697
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$5,861,396
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$5,857,187
Assets. Real estate other than employer real property at end of year	2017-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2017-12-31	$0
Administrative expenses professional fees incurred	2017-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2017-12-31	$156,036
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2017-12-31	$2,375
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$100,000,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$8,070,060
Participant contributions at end of year	2017-12-31	$2,419,736
Participant contributions at beginning of year	2017-12-31	$1,938,669
Participant contributions at end of year	2017-12-31	$0
Participant contributions at beginning of year	2017-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2017-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2017-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$1,651,242
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2017-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2017-12-31	$53
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2017-12-31	$27
Assets. Loans (other than to participants) at end of year	2017-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2017-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2017-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2017-12-31	$0
Other income not declared elsewhere	2017-12-31	$0
Administrative expenses (other) incurred	2017-12-31	$-6,856
Liabilities. Value of operating payables at end of year	2017-12-31	$0
Liabilities. Value of operating payables at beginning of year	2017-12-31	$0
Total non interest bearing cash at end of year	2017-12-31	$0
Total non interest bearing cash at beginning of year	2017-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Income. Non cash contributions	2017-12-31	$0
Value of net income/loss	2017-12-31	$31,286,698
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$139,906,315
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$108,619,617
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Assets. partnership/joint venture interests at end of year	2017-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2017-12-31	$0
Investment advisory and management fees	2017-12-31	$29,814
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$123,451,264
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$92,527,423
Value of interest in pooled separate accounts at end of year	2017-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2017-12-31	$0
Interest on participant loans	2017-12-31	$74,349
Income. Interest from loans (other than to participants)	2017-12-31	$0
Interest earned on other investments	2017-12-31	$0
Income. Interest from US Government securities	2017-12-31	$0
Income. Interest from corporate debt instruments	2017-12-31	$0
Value of interest in master investment trust accounts at end of year	2017-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2017-12-31	$0
Value of interest in common/collective trusts at end of year	2017-12-31	$0
Value of interest in common/collective trusts at beginning of year	2017-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$4,610,480
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$4,621,554
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$4,621,554
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2017-12-31	$24,348
Assets. Value of investments in 103.12 investment entities at end of year	2017-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2017-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2017-12-31	$0
Asset value of US Government securities at end of year	2017-12-31	$0
Asset value of US Government securities at beginning of year	2017-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$15,157,747
Net investment gain/loss from pooled separate accounts	2017-12-31	$0
Net investment gain or loss from common/collective trusts	2017-12-31	$0
Net gain/loss from 103.12 investment entities	2017-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Assets. Invements in employer securities at end of year	2017-12-31	$8,562,326
Assets. Invements in employer securities at beginning of year	2017-12-31	$8,679,661
Assets. Value of employer real property at end of year	2017-12-31	$0
Assets. Value of employer real property at beginning of year	2017-12-31	$0
Contributions received in cash from employer	2017-12-31	$4,976,058
Employer contributions (assets) at end of year	2017-12-31	$-294
Employer contributions (assets) at beginning of year	2017-12-31	$0
Income. Dividends from preferred stock	2017-12-31	$0
Income. Dividends from common stock	2017-12-31	$4,209
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$4,621,105
Asset. Corporate debt instrument preferred debt at end of year	2017-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2017-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2017-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2017-12-31	$0
Contract administrator fees	2017-12-31	$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2017-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2017-12-31	$706,714
Assets. Corporate common stocks other than exployer securities at beginning of year	2017-12-31	$849,908
Liabilities. Value of benefit claims payable at end of year	2017-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2017-12-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2017-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2017-12-31	$0
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Aggregate proceeds on sale of assets	2017-12-31	$5,375,778
Aggregate carrying amount (costs) on sale of assets	2017-12-31	$5,199,162
Liabilities. Value of acquisition indebtedness at end of year	2017-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2017-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	No
Opinion of an independent qualified public accountant for this plan	2017-12-31	Unqualified
Accountancy firm name	2017-12-31	COHNREZNICK LLP
Accountancy firm EIN	2017-12-31	221478099
2016 : SALLIE MAE 401(K) SAVINGS PLAN 2016 401k financial data
Unrealized appreciation/depreciation of real estate assets	2016-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2016-12-31	$3,593,770
Total unrealized appreciation/depreciation of assets	2016-12-31	$3,593,770
Total transfer of assets to this plan	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$79,906
Expenses. Interest paid	2016-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$22,981,512
Total loss/gain on sale of assets	2016-12-31	$306,712
Total of all expenses incurred	2016-12-31	$4,064,488
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$4,037,616
Expenses. Certain deemed distributions of participant loans	2016-12-31	$0
Value of total corrective distributions	2016-12-31	$1,017
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$13,078,336
Value of total assets at end of year	2016-12-31	$108,619,617
Value of total assets at beginning of year	2016-12-31	$89,782,499
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$25,855
Total income from rents	2016-12-31	$0
Total interest from all sources	2016-12-31	$66,228
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$3,543,970
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$3,538,308
Assets. Real estate other than employer real property at end of year	2016-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2016-12-31	$0
Administrative expenses professional fees incurred	2016-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2016-12-31	$2,375
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2016-12-31	$0
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$100,000,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$7,012,042
Participant contributions at end of year	2016-12-31	$1,938,669
Participant contributions at beginning of year	2016-12-31	$1,818,899
Participant contributions at end of year	2016-12-31	$0
Participant contributions at beginning of year	2016-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2016-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2016-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$1,739,412
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2016-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2016-12-31	$27
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2016-12-31	$133,104
Assets. Loans (other than to participants) at end of year	2016-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2016-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2016-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2016-12-31	$79,760
Other income not declared elsewhere	2016-12-31	$125,651
Administrative expenses (other) incurred	2016-12-31	$25,855
Liabilities. Value of operating payables at end of year	2016-12-31	$0
Liabilities. Value of operating payables at beginning of year	2016-12-31	$0
Total non interest bearing cash at end of year	2016-12-31	$0
Total non interest bearing cash at beginning of year	2016-12-31	$15
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Income. Non cash contributions	2016-12-31	$0
Value of net income/loss	2016-12-31	$18,917,024
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$108,619,617
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$89,702,593
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Assets. partnership/joint venture interests at end of year	2016-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2016-12-31	$0
Investment advisory and management fees	2016-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$92,527,423
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$78,210,948
Value of interest in pooled separate accounts at end of year	2016-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2016-12-31	$0
Interest on participant loans	2016-12-31	$63,717
Income. Interest from loans (other than to participants)	2016-12-31	$0
Interest earned on other investments	2016-12-31	$0
Income. Interest from US Government securities	2016-12-31	$0
Income. Interest from corporate debt instruments	2016-12-31	$0
Value of interest in master investment trust accounts at end of year	2016-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2016-12-31	$0
Value of interest in common/collective trusts at end of year	2016-12-31	$0
Value of interest in common/collective trusts at beginning of year	2016-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$4,621,554
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$3,848,173
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$3,848,173
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-12-31	$2,511
Assets. Value of investments in 103.12 investment entities at end of year	2016-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2016-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2016-12-31	$0
Asset value of US Government securities at end of year	2016-12-31	$0
Asset value of US Government securities at beginning of year	2016-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$2,266,845
Net investment gain/loss from pooled separate accounts	2016-12-31	$0
Net investment gain or loss from common/collective trusts	2016-12-31	$0
Net gain/loss from 103.12 investment entities	2016-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Assets. Invements in employer securities at end of year	2016-12-31	$8,679,661
Assets. Invements in employer securities at beginning of year	2016-12-31	$5,240,104
Assets. Value of employer real property at end of year	2016-12-31	$0
Assets. Value of employer real property at beginning of year	2016-12-31	$0
Contributions received in cash from employer	2016-12-31	$4,326,882
Employer contributions (assets) at end of year	2016-12-31	$0
Employer contributions (assets) at beginning of year	2016-12-31	$863
Income. Dividends from preferred stock	2016-12-31	$0
Income. Dividends from common stock	2016-12-31	$5,662
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$4,037,616
Asset. Corporate debt instrument preferred debt at end of year	2016-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2016-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2016-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2016-12-31	$0
Contract administrator fees	2016-12-31	$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2016-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2016-12-31	$849,908
Assets. Corporate common stocks other than exployer securities at beginning of year	2016-12-31	$530,393
Liabilities. Value of benefit claims payable at end of year	2016-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2016-12-31	$146
Assets. Value of buildings and other operty used in plan operation at end of year	2016-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2016-12-31	$0
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Aggregate proceeds on sale of assets	2016-12-31	$3,853,080
Aggregate carrying amount (costs) on sale of assets	2016-12-31	$3,546,368
Liabilities. Value of acquisition indebtedness at end of year	2016-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2016-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	No
Opinion of an independent qualified public accountant for this plan	2016-12-31	Unqualified
Accountancy firm name	2016-12-31	COHNREZNICK LLP
Accountancy firm EIN	2016-12-31	221478099
2015 : SALLIE MAE 401(K) SAVINGS PLAN 2015 401k financial data
Unrealized appreciation/depreciation of real estate assets	2015-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2015-12-31	$-2,767,622
Total unrealized appreciation/depreciation of assets	2015-12-31	$-2,767,622
Total transfer of assets to this plan	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$79,906
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Expenses. Interest paid	2015-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$9,346,326
Total loss/gain on sale of assets	2015-12-31	$-132,153
Total of all expenses incurred	2015-12-31	$5,262,346
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$5,263,109
Expenses. Certain deemed distributions of participant loans	2015-12-31	$1,014
Value of total corrective distributions	2015-12-31	$9,302
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$12,239,651
Value of total assets at end of year	2015-12-31	$89,782,499
Value of total assets at beginning of year	2015-12-31	$85,618,613
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$-11,079
Total income from rents	2015-12-31	$0
Total interest from all sources	2015-12-31	$54,238
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$4,116,552
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$4,109,097
Assets. Real estate other than employer real property at end of year	2015-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2015-12-31	$0
Administrative expenses professional fees incurred	2015-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2015-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2015-12-31	$0
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$100,000,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$6,362,802
Participant contributions at end of year	2015-12-31	$1,818,899
Participant contributions at beginning of year	2015-12-31	$1,490,527
Participant contributions at end of year	2015-12-31	$0
Participant contributions at beginning of year	2015-12-31	$4,800
Assets. Other investments not covered elsewhere at end of year	2015-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2015-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$2,064,089
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2015-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2015-12-31	$133,104
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2015-12-31	$440,566
Assets. Loans (other than to participants) at end of year	2015-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2015-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2015-12-31	$79,760
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2015-12-31	$0
Other income not declared elsewhere	2015-12-31	$0
Administrative expenses (other) incurred	2015-12-31	$-19,148
Liabilities. Value of operating payables at end of year	2015-12-31	$0
Liabilities. Value of operating payables at beginning of year	2015-12-31	$0
Total non interest bearing cash at end of year	2015-12-31	$15
Total non interest bearing cash at beginning of year	2015-12-31	$15
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Income. Non cash contributions	2015-12-31	$0
Value of net income/loss	2015-12-31	$4,083,980
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$89,702,593
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$85,618,613
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Assets. partnership/joint venture interests at end of year	2015-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2015-12-31	$0
Investment advisory and management fees	2015-12-31	$8,069
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$78,210,948
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$71,891,256
Value of interest in pooled separate accounts at end of year	2015-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2015-12-31	$0
Interest on participant loans	2015-12-31	$50,683
Income. Interest from loans (other than to participants)	2015-12-31	$0
Interest earned on other investments	2015-12-31	$0
Income. Interest from US Government securities	2015-12-31	$0
Income. Interest from corporate debt instruments	2015-12-31	$0
Value of interest in master investment trust accounts at end of year	2015-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2015-12-31	$0
Value of interest in common/collective trusts at end of year	2015-12-31	$0
Value of interest in common/collective trusts at beginning of year	2015-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$3,848,173
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2015-12-31	$4,309,170
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2015-12-31	$4,309,170
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2015-12-31	$3,555
Assets. Value of investments in 103.12 investment entities at end of year	2015-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2015-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2015-12-31	$0
Asset value of US Government securities at end of year	2015-12-31	$0
Asset value of US Government securities at beginning of year	2015-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-4,164,340
Net investment gain/loss from pooled separate accounts	2015-12-31	$0
Net investment gain or loss from common/collective trusts	2015-12-31	$0
Net gain/loss from 103.12 investment entities	2015-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Assets. Invements in employer securities at end of year	2015-12-31	$5,240,104
Assets. Invements in employer securities at beginning of year	2015-12-31	$7,034,300
Assets. Value of employer real property at end of year	2015-12-31	$0
Assets. Value of employer real property at beginning of year	2015-12-31	$0
Contributions received in cash from employer	2015-12-31	$3,812,760
Employer contributions (assets) at end of year	2015-12-31	$863
Employer contributions (assets) at beginning of year	2015-12-31	$2,520
Income. Dividends from preferred stock	2015-12-31	$0
Income. Dividends from common stock	2015-12-31	$7,455
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$5,263,109
Asset. Corporate debt instrument preferred debt at end of year	2015-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2015-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2015-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2015-12-31	$0
Contract administrator fees	2015-12-31	$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2015-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2015-12-31	$530,393
Assets. Corporate common stocks other than exployer securities at beginning of year	2015-12-31	$445,459
Liabilities. Value of benefit claims payable at end of year	2015-12-31	$146
Liabilities. Value of benefit claims payable at beginning of year	2015-12-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2015-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2015-12-31	$0
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Aggregate proceeds on sale of assets	2015-12-31	$3,129,567
Aggregate carrying amount (costs) on sale of assets	2015-12-31	$3,261,720
Liabilities. Value of acquisition indebtedness at end of year	2015-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2015-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	No
Opinion of an independent qualified public accountant for this plan	2015-12-31	Unqualified
Accountancy firm name	2015-12-31	COHNREZNICK LLP
Accountancy firm EIN	2015-12-31	221478099
2014 : SALLIE MAE 401(K) SAVINGS PLAN 2014 401k financial data
Unrealized appreciation/depreciation of real estate assets	2014-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2014-12-31	$590,364
Total unrealized appreciation/depreciation of assets	2014-12-31	$590,364
Total transfer of assets to this plan	2014-12-31	$0
Total transfer of assets from this plan	2014-12-31	$446,612,187
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$15,284
Expenses. Interest paid	2014-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$26,470,743
Total loss/gain on sale of assets	2014-12-31	$-80,184
Total of all expenses incurred	2014-12-31	$26,712,449
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$26,635,680
Expenses. Certain deemed distributions of participant loans	2014-12-31	$12,821
Value of total corrective distributions	2014-12-31	$7,880
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$21,714,297
Value of total assets at end of year	2014-12-31	$85,618,613
Value of total assets at beginning of year	2014-12-31	$532,487,790
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$56,068
Total income from rents	2014-12-31	$0
Total interest from all sources	2014-12-31	$140,509
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$6,195,928
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$6,039,669
Assets. Real estate other than employer real property at end of year	2014-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2014-12-31	$0
Administrative expenses professional fees incurred	2014-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2014-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2014-12-31	$4,375
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$100,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$11,148,365
Participant contributions at end of year	2014-12-31	$1,490,527
Participant contributions at beginning of year	2014-12-31	$10,869,493
Participant contributions at end of year	2014-12-31	$4,800
Participant contributions at beginning of year	2014-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2014-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2014-12-31	$28,238
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$1,906,375
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2014-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2014-12-31	$440,566
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2014-12-31	$1,363
Assets. Loans (other than to participants) at end of year	2014-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2014-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2014-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2014-12-31	$0
Other income not declared elsewhere	2014-12-31	$0
Administrative expenses (other) incurred	2014-12-31	$46,134
Liabilities. Value of operating payables at end of year	2014-12-31	$0
Liabilities. Value of operating payables at beginning of year	2014-12-31	$0
Total non interest bearing cash at end of year	2014-12-31	$15
Total non interest bearing cash at beginning of year	2014-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Income. Non cash contributions	2014-12-31	$0
Value of net income/loss	2014-12-31	$-241,706
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$85,618,613
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$532,472,506
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Assets. partnership/joint venture interests at end of year	2014-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2014-12-31	$0
Investment advisory and management fees	2014-12-31	$9,934
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$71,891,256
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$449,103,203
Value of interest in pooled separate accounts at end of year	2014-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2014-12-31	$0
Interest on participant loans	2014-12-31	$138,301
Income. Interest from loans (other than to participants)	2014-12-31	$0
Interest earned on other investments	2014-12-31	$0
Income. Interest from US Government securities	2014-12-31	$0
Income. Interest from corporate debt instruments	2014-12-31	$806
Value of interest in master investment trust accounts at end of year	2014-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2014-12-31	$0
Value of interest in common/collective trusts at end of year	2014-12-31	$0
Value of interest in common/collective trusts at beginning of year	2014-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2014-12-31	$4,309,170
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2014-12-31	$45,187,961
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2014-12-31	$45,187,961
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2014-12-31	$1,402
Assets. Value of investments in 103.12 investment entities at end of year	2014-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2014-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2014-12-31	$0
Asset value of US Government securities at end of year	2014-12-31	$0
Asset value of US Government securities at beginning of year	2014-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$-2,090,171
Net investment gain/loss from pooled separate accounts	2014-12-31	$0
Net investment gain or loss from common/collective trusts	2014-12-31	$0
Net gain/loss from 103.12 investment entities	2014-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Assets. Invements in employer securities at end of year	2014-12-31	$7,034,300
Assets. Invements in employer securities at beginning of year	2014-12-31	$23,428,357
Assets. Value of employer real property at end of year	2014-12-31	$0
Assets. Value of employer real property at beginning of year	2014-12-31	$0
Contributions received in cash from employer	2014-12-31	$8,659,557
Employer contributions (assets) at end of year	2014-12-31	$2,520
Employer contributions (assets) at beginning of year	2014-12-31	$0
Income. Dividends from preferred stock	2014-12-31	$0
Income. Dividends from common stock	2014-12-31	$156,259
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$26,635,680
Asset. Corporate debt instrument preferred debt at end of year	2014-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2014-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2014-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2014-12-31	$20,845
Contract administrator fees	2014-12-31	$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2014-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2014-12-31	$445,459
Assets. Corporate common stocks other than exployer securities at beginning of year	2014-12-31	$3,843,955
Liabilities. Value of benefit claims payable at end of year	2014-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2014-12-31	$15,284
Assets. Value of buildings and other operty used in plan operation at end of year	2014-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2014-12-31	$0
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Aggregate proceeds on sale of assets	2014-12-31	$7,042,754
Aggregate carrying amount (costs) on sale of assets	2014-12-31	$7,122,938
Liabilities. Value of acquisition indebtedness at end of year	2014-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2014-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	No
Opinion of an independent qualified public accountant for this plan	2014-12-31	Unqualified
Accountancy firm name	2014-12-31	COHNREZNICK LLP
Accountancy firm EIN	2014-12-31	221478099
2013 : SALLIE MAE 401(K) SAVINGS PLAN 2013 401k financial data
Unrealized appreciation/depreciation of real estate assets	2013-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2013-12-31	$7,752,345
Total unrealized appreciation/depreciation of assets	2013-12-31	$7,752,345
Total transfer of assets to this plan	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$15,284
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$509,917
Expenses. Interest paid	2013-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$136,404,559
Total loss/gain on sale of assets	2013-12-31	$1,920,340
Total of all expenses incurred	2013-12-31	$33,975,604
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$33,792,766
Expenses. Certain deemed distributions of participant loans	2013-12-31	$45,076
Value of total corrective distributions	2013-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$40,138,736
Value of total assets at end of year	2013-12-31	$532,487,790
Value of total assets at beginning of year	2013-12-31	$430,553,468
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$137,762
Total income from rents	2013-12-31	$0
Total interest from all sources	2013-12-31	$345,053
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$21,860,213
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$21,247,846
Assets. Real estate other than employer real property at end of year	2013-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2013-12-31	$0
Administrative expenses professional fees incurred	2013-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2013-12-31	$4,375
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2013-12-31	$2,590
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$100,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$20,787,842
Participant contributions at end of year	2013-12-31	$10,869,493
Participant contributions at beginning of year	2013-12-31	$9,876,883
Participant contributions at end of year	2013-12-31	$0
Participant contributions at beginning of year	2013-12-31	$120
Assets. Other investments not covered elsewhere at end of year	2013-12-31	$28,238
Assets. Other investments not covered elsewhere at beginning of year	2013-12-31	$4,706
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$1,810,224
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2013-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2013-12-31	$1,363
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$13,033
Assets. Loans (other than to participants) at end of year	2013-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2013-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2013-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2013-12-31	$509,579
Other income not declared elsewhere	2013-12-31	$0
Administrative expenses (other) incurred	2013-12-31	$118,556
Liabilities. Value of operating payables at end of year	2013-12-31	$0
Liabilities. Value of operating payables at beginning of year	2013-12-31	$0
Total non interest bearing cash at end of year	2013-12-31	$0
Total non interest bearing cash at beginning of year	2013-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Income. Non cash contributions	2013-12-31	$0
Value of net income/loss	2013-12-31	$102,428,955
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$532,472,506
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$430,043,551
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Assets. partnership/joint venture interests at end of year	2013-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2013-12-31	$0
Investment advisory and management fees	2013-12-31	$19,206
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$449,103,203
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$353,862,830
Value of interest in pooled separate accounts at end of year	2013-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2013-12-31	$0
Interest on participant loans	2013-12-31	$339,244
Income. Interest from loans (other than to participants)	2013-12-31	$0
Interest earned on other investments	2013-12-31	$0
Income. Interest from US Government securities	2013-12-31	$0
Income. Interest from corporate debt instruments	2013-12-31	$0
Value of interest in master investment trust accounts at end of year	2013-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2013-12-31	$0
Value of interest in common/collective trusts at end of year	2013-12-31	$0
Value of interest in common/collective trusts at beginning of year	2013-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$45,187,961
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$45,625,738
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$45,625,738
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2013-12-31	$5,809
Assets. Value of investments in 103.12 investment entities at end of year	2013-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2013-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2013-12-31	$0
Asset value of US Government securities at end of year	2013-12-31	$0
Asset value of US Government securities at beginning of year	2013-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$64,387,872
Net investment gain/loss from pooled separate accounts	2013-12-31	$0
Net investment gain or loss from common/collective trusts	2013-12-31	$0
Net gain/loss from 103.12 investment entities	2013-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Assets. Invements in employer securities at end of year	2013-12-31	$23,428,357
Assets. Invements in employer securities at beginning of year	2013-12-31	$17,900,079
Assets. Value of employer real property at end of year	2013-12-31	$0
Assets. Value of employer real property at beginning of year	2013-12-31	$0
Contributions received in cash from employer	2013-12-31	$17,540,670
Employer contributions (assets) at end of year	2013-12-31	$0
Employer contributions (assets) at beginning of year	2013-12-31	$42
Income. Dividends from preferred stock	2013-12-31	$28
Income. Dividends from common stock	2013-12-31	$612,339
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$33,792,766
Asset. Corporate debt instrument preferred debt at end of year	2013-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2013-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2013-12-31	$20,845
Asset. Corporate debt instrument debt (other) at beginning of year	2013-12-31	$0
Contract administrator fees	2013-12-31	$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2013-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2013-12-31	$3,843,955
Assets. Corporate common stocks other than exployer securities at beginning of year	2013-12-31	$3,267,447
Liabilities. Value of benefit claims payable at end of year	2013-12-31	$15,284
Liabilities. Value of benefit claims payable at beginning of year	2013-12-31	$338
Assets. Value of buildings and other operty used in plan operation at end of year	2013-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2013-12-31	$0
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Aggregate proceeds on sale of assets	2013-12-31	$13,945,123
Aggregate carrying amount (costs) on sale of assets	2013-12-31	$12,024,783
Liabilities. Value of acquisition indebtedness at end of year	2013-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2013-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	No
Opinion of an independent qualified public accountant for this plan	2013-12-31	Unqualified
Accountancy firm name	2013-12-31	COHNREZNICK LLP
Accountancy firm EIN	2013-12-31	221478099
2012 : SALLIE MAE 401(K) SAVINGS PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2012-12-31	$3,834,422
Total unrealized appreciation/depreciation of assets	2012-12-31	$3,834,422
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$509,917
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$5,588
Total income from all sources (including contributions)	2012-12-31	$86,377,150
Total loss/gain on sale of assets	2012-12-31	$661,435
Total of all expenses incurred	2012-12-31	$46,554,206
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$46,404,040
Expenses. Certain deemed distributions of participant loans	2012-12-31	$40,146
Value of total corrective distributions	2012-12-31	$253
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$38,075,007
Value of total assets at end of year	2012-12-31	$430,553,468
Value of total assets at beginning of year	2012-12-31	$390,226,195
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$109,767
Total interest from all sources	2012-12-31	$345,996
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$9,507,040
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$8,940,659
Assets. Corporate prefeered stocks other than exployer securities at end of year	2012-12-31	$2,590
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2012-12-31	$2,644
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$100,000,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$19,328,911
Participant contributions at end of year	2012-12-31	$9,876,883
Participant contributions at beginning of year	2012-12-31	$9,516,897
Participant contributions at end of year	2012-12-31	$120
Participant contributions at beginning of year	2012-12-31	$16,771
Assets. Other investments not covered elsewhere at end of year	2012-12-31	$4,706
Assets. Other investments not covered elsewhere at beginning of year	2012-12-31	$-1,902
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$2,861,572
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-12-31	$13,033
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-12-31	$18,713
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2012-12-31	$509,579
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2012-12-31	$0
Administrative expenses (other) incurred	2012-12-31	$106,169
Total non interest bearing cash at end of year	2012-12-31	$0
Total non interest bearing cash at beginning of year	2012-12-31	$5,952
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$39,822,944
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$430,043,551
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$390,220,607
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Investment advisory and management fees	2012-12-31	$3,598
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$353,862,830
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$312,970,616
Interest on participant loans	2012-12-31	$340,731
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$45,625,738
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$50,224,524
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$50,224,524
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-12-31	$5,265
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$33,953,250
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Assets. Invements in employer securities at end of year	2012-12-31	$17,900,079
Assets. Invements in employer securities at beginning of year	2012-12-31	$14,636,003
Contributions received in cash from employer	2012-12-31	$15,884,524
Employer contributions (assets) at end of year	2012-12-31	$42
Employer contributions (assets) at beginning of year	2012-12-31	$13,375
Income. Dividends from preferred stock	2012-12-31	$188
Income. Dividends from common stock	2012-12-31	$566,193
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$46,404,040
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2012-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2012-12-31	$3,267,447
Assets. Corporate common stocks other than exployer securities at beginning of year	2012-12-31	$2,822,602
Liabilities. Value of benefit claims payable at end of year	2012-12-31	$338
Liabilities. Value of benefit claims payable at beginning of year	2012-12-31	$5,588
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Aggregate proceeds on sale of assets	2012-12-31	$8,538,320
Aggregate carrying amount (costs) on sale of assets	2012-12-31	$7,876,885
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	No
Opinion of an independent qualified public accountant for this plan	2012-12-31	Unqualified
Accountancy firm name	2012-12-31	COHNREZNICK LLP
Accountancy firm EIN	2012-12-31	221478099
2011 : SALLIE MAE 401(K) SAVINGS PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$170,217
Total unrealized appreciation/depreciation of assets	2011-12-31	$170,217
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$5,588
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$142
Total income from all sources (including contributions)	2011-12-31	$53,537,441
Total loss/gain on sale of assets	2011-12-31	$315,281
Total of all expenses incurred	2011-12-31	$61,093,423
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$60,877,154
Expenses. Certain deemed distributions of participant loans	2011-12-31	$114,212
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$55,698,054
Value of total assets at end of year	2011-12-31	$390,226,195
Value of total assets at beginning of year	2011-12-31	$397,776,731
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$102,057
Total interest from all sources	2011-12-31	$396,490
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$8,188,237
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$7,844,902
Assets. Corporate prefeered stocks other than exployer securities at end of year	2011-12-31	$2,644
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2011-12-31	$2,598
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$100,000,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$19,729,012
Participant contributions at end of year	2011-12-31	$9,516,897
Participant contributions at beginning of year	2011-12-31	$10,688,367
Participant contributions at end of year	2011-12-31	$16,771
Participant contributions at beginning of year	2011-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2011-12-31	$-1,902
Assets. Other investments not covered elsewhere at beginning of year	2011-12-31	$538
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$20,119,139
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$18,713
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$22
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2011-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2011-12-31	$49
Administrative expenses (other) incurred	2011-12-31	$102,042
Total non interest bearing cash at end of year	2011-12-31	$5,952
Total non interest bearing cash at beginning of year	2011-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-7,555,982
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$390,220,607
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$397,776,589
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Investment advisory and management fees	2011-12-31	$15
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$312,970,616
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$319,188,941
Interest on participant loans	2011-12-31	$389,372
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$50,224,524
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$52,142,642
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$52,142,642
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$7,118
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-11,230,838
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Assets. Invements in employer securities at end of year	2011-12-31	$14,636,003
Assets. Invements in employer securities at beginning of year	2011-12-31	$12,744,479
Contributions received in cash from employer	2011-12-31	$15,849,903
Employer contributions (assets) at end of year	2011-12-31	$13,375
Employer contributions (assets) at beginning of year	2011-12-31	$0
Income. Dividends from preferred stock	2011-12-31	$188
Income. Dividends from common stock	2011-12-31	$343,147
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$60,877,154
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2011-12-31	$2,822,602
Assets. Corporate common stocks other than exployer securities at beginning of year	2011-12-31	$3,009,144
Liabilities. Value of benefit claims payable at end of year	2011-12-31	$5,588
Liabilities. Value of benefit claims payable at beginning of year	2011-12-31	$93
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Aggregate proceeds on sale of assets	2011-12-31	$9,437,002
Aggregate carrying amount (costs) on sale of assets	2011-12-31	$9,121,721
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	No
Opinion of an independent qualified public accountant for this plan	2011-12-31	Unqualified
Accountancy firm name	2011-12-31	REZNICK GROUP, P.C.
Accountancy firm EIN	2011-12-31	521088612
2010 : SALLIE MAE 401(K) SAVINGS PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$2,036,531
Total unrealized appreciation/depreciation of assets	2010-12-31	$2,036,531
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$142
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$82,837,911
Total loss/gain on sale of assets	2010-12-31	$146,918
Total of all expenses incurred	2010-12-31	$47,253,949
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$47,073,313
Expenses. Certain deemed distributions of participant loans	2010-12-31	$62,399
Value of total corrective distributions	2010-12-31	$9,580
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$38,538,196
Value of total assets at end of year	2010-12-31	$397,776,731
Value of total assets at beginning of year	2010-12-31	$362,192,627
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$108,657
Total interest from all sources	2010-12-31	$535,628
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$6,224,126
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$6,195,608
Assets. Corporate prefeered stocks other than exployer securities at end of year	2010-12-31	$2,598
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2010-12-31	$0
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$100,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$21,124,094
Participant contributions at end of year	2010-12-31	$10,688,367
Participant contributions at beginning of year	2010-12-31	$10,644,657
Assets. Other investments not covered elsewhere at end of year	2010-12-31	$538
Assets. Other investments not covered elsewhere at beginning of year	2010-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$1,642,526
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$22
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2010-12-31	$49
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$0
Administrative expenses (other) incurred	2010-12-31	$108,657
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$35,583,962
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$397,776,589
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$362,192,627
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$319,188,941
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$0
Interest on participant loans	2010-12-31	$526,970
Value of interest in master investment trust accounts at end of year	2010-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2010-12-31	$351,547,970
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$52,142,642
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$8,658
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$35,356,512
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Assets. Invements in employer securities at end of year	2010-12-31	$12,744,479
Assets. Invements in employer securities at beginning of year	2010-12-31	$0
Contributions received in cash from employer	2010-12-31	$15,771,576
Income. Dividends from preferred stock	2010-12-31	$188
Income. Dividends from common stock	2010-12-31	$28,330
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$47,073,313
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2010-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2010-12-31	$3,009,144
Assets. Corporate common stocks other than exployer securities at beginning of year	2010-12-31	$0
Liabilities. Value of benefit claims payable at end of year	2010-12-31	$93
Liabilities. Value of benefit claims payable at beginning of year	2010-12-31	$0
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Aggregate proceeds on sale of assets	2010-12-31	$8,065,325
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$7,918,407
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	No
Opinion of an independent qualified public accountant for this plan	2010-12-31	Unqualified
Accountancy firm name	2010-12-31	REZNICK GROUP, P.C.
Accountancy firm EIN	2010-12-31	521088612
2009 : SALLIE MAE 401(K) SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for SALLIE MAE 401(K) SAVINGS PLAN

2021: SALLIE MAE 401(K) SAVINGS PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	This submission is the final filing	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: SALLIE MAE 401(K) SAVINGS PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	This submission is the final filing	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: SALLIE MAE 401(K) SAVINGS PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: SALLIE MAE 401(K) SAVINGS PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	Yes
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: SALLIE MAE 401(K) SAVINGS PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: SALLIE MAE 401(K) SAVINGS PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: SALLIE MAE 401(K) SAVINGS PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: SALLIE MAE 401(K) SAVINGS PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: SALLIE MAE 401(K) SAVINGS PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: SALLIE MAE 401(K) SAVINGS PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: SALLIE MAE 401(K) SAVINGS PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: SALLIE MAE 401(K) SAVINGS PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	Yes
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: SALLIE MAE 401(K) SAVINGS PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	SLM CORPORATION
Employer identification number (EIN):	522013874
NAIC Classification:	522291
NAIC Description:	Consumer Lending

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	2693555