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Sponsor portfolioWelfare / HealthEIN 92-2304918

SLM CORPORATION

300 CONTINENTAL DRIVE · NEWARK, DE 19713
3024510200
Plans filed
2
Years active
2022–2024
Industry
NAICS 52
Latest filing
2024
Total premiums (latest)
$5.8M
No prior year
Persons covered
3,228
No prior year
Total participants
3,592
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #501$5.8M
SALLIE MAE EMPLOYEES COMPREHENSIVE WELFARE BENEFITS PLAN
Mixed3,228 covered·6 carriers
Primary: UNUM LIFE INSURANCE COMPANY OF AMERICA
Plan #502$0
SALLIE MAE EMPLOYEES' SEVERANCE PLAN
Self-funded0 covered·0 carriers

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Other$2.3M21.1%
Stop-loss$2.2M20.2%
Dental$2.2M19.8%
Life$2.2M19.8%
Short-term disability$915K8.3%
Long-term disability$915K8.3%
Vision$287K2.6%

Carrier overview

4 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
METROPOLITAN LIFE INSURANCE COMPANY
EIN 135581829
DLSTDLTDOth
$3.2M55.2%133,228
UNUM LIFE INSURANCE COMPANY OF AMERICA
EIN 010278678
SLOth
$2.3M39.6%121,426
UNITEDHEALTHCARE INSURANCE COMPANY
EIN 362739571
V
$287K5.0%111,313
NEW YORK LIFE GROUP INSURANCE COMPANY OF NEW YORK
EIN 231503749
Oth
$10K0.2%111,757

Broker overview

2 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
MARSH & MCLENNAN AGENCY LLCCONSHOHOCKEN, PAUNUM-PROVIDENT LIFE & ACCIDENT INSURANCE COMPANY, METROPOLITAN LIFE INSURANCE COMPANY, NEW YORK LIFE (LIFE INSURANCE COMPANY OF NORTH AMERICA), METLIFE LEGAL PLANS, INC., UNUM LIFE INSURANCE COMPANY OF AMERICA$406K$61K$466K95.0%1
PLANSOURCE BENEFITS ADMINISTRATIONORLANDO, FLMETROPOLITAN LIFE INSURANCE COMPANY$25K$0$25K5.0%1

History & trajectory

3 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.

Policy details

Latest year, by plan
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