401(k) · DOL Form 5500 · 2023
Tesla, Inc. 401(k) Plan
Data updated 2026-08-11
- $1.9B
- Total assets
- 74,647
- Participants
- 99th
- Percentile by assets
- $25,505
- Avg per participant
Official DOL plan name: Tesla, Inc. 401(k) Plan · Sponsored by Tesla, Inc. · Texas · Manufacturing
$1.9B in assets, 74,647 participants
Tesla, Inc.'s Tesla, Inc. 401(k) Plan reported $1.9B in total assets and 74,647 participants in its 2023 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 99th percentile by assets (of 127,072 plans)
- #18,462 in Manufacturing (18,722 peers)
Coverage in Texas
Tesla, Inc. 401(k) Plan covers 74,647 participants in Texas, 109x the typical Texas plan (state average ~688 per filing). Assets: $1.9B.
- $1.9B
- total plan assets (2023 EOY)
- 74,647
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $25,505
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Tesla, Inc. 401(k) Plan reported net income rose from $62M in the plan year 2022 filing to $650M in the plan year 2023 filing.
- Tesla, Inc. 401(k) Plan end-of-year assets rose from $1.3B in the plan year 2022 filing to $1.9B in the plan year 2023 filing.
- Tesla, Inc. 401(k) Plan reported participants rose from 57,377 in the plan year 2022 filing to 74,647 in the plan year 2023 filing.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Tesla, Inc. 401(k) Plan reports 74,647 participants - 109x that state average ($1.9B EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $1.9B |
| Net Income | $650M |
| Employer EIN | 912197729 |
| Plan Effective Date | 2004-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Tesla, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 57,377 | $1.3B |
| 2023 | 1 | 74,647 | $1.9B |
| 2024 | 1 | 80,827 | $2.5B |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Tesla, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
- AT&T Retirement Savings Plan $40.0B · 119,854
- Exxonmobil Savings Plan $21.9B · 23,477
- Caterpillar 401(k) Savings Plan $16.5B · 41,679
- American Airlines, Inc. 401(k) Plan $14.7B · 88,792
- Dell Inc. 401(k) Plan $13.5B · 45,686
Scale composition for Tesla, Inc. 401(k) Plan
Tesla, Inc. 401(k) Plan reports $1.9B in end-of-year assets across 74,647 participants (0.015% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.079% of 93,925,755 covered participants) - about $25,505 per participant (18% of the national average assets-per-participant) . Net income for plan year 2023 was $650M.
This plan identity (EIN 912197729, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $2.5B (+96.4%) while covered participants moved from 57,377 to 80,827 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 57,377 | $1.3B | Open filing |
| 2023 | 74,647 | $1.9B | This page |
| 2024 · index core | 80,827 | $2.5B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Tesla, Inc. 401(k) Plan (401(k), $2.5B, 80,827 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Tesla, Inc. 401(k) Plan by total assets, not by location.
- Kimley-Horn and Associates, Inc. Retirement Savings and Pension Plan (NC) $1.9B · 6,577
- Baird Profit Sharing & Savings Plan (WI) $1.9B · 4,830
- Fortive Retirement Savings Plan (WA) $1.9B · 10,313
- Allianz Asset Management of America 401(k) Savings and Retirement Plan (CA) $1.9B · 2,540
Frequently Asked Questions
How did Tesla, Inc. 401(k) Plan assets move in 2023? ▼
How have Tesla, Inc. plan assets changed over time? ▼
Where does Tesla, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
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Next read for Tesla, Inc. 401(k) Plan
Filing takeaways
Ways to act on Tesla, Inc. 401(k) Plan's numbers.
- By total assets, Tesla, Inc. 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
- Tesla, Inc.'s sponsor-wide assets have grown 96.4% since 2022 across 3 plan years on file. More Manufacturing plans