401(k) · DOL Form 5500 · 2024

Tesla, Inc. 401(k) Plan

Data updated 2026-08-25

$2.5B
Total assets Very large vs avg
80,827
Participants Very large workforce
99th
Percentile by assets National rank
$30,479
Avg per participant Low balance/head
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Official DOL plan name: Tesla, Inc. 401(k) Plan · Sponsored by Tesla, Inc. · Texas · Manufacturing

$2.5B in assets, 80,827 participants

Tesla, Inc.'s Tesla, Inc. 401(k) Plan reported $2.5B in total assets and 80,827 participants in its 2024 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.

  • #17,572 in Manufacturing (17,777 peers)

Coverage in Texas

Tesla, Inc. 401(k) Plan covers 80,827 participants in Texas, 118x the typical Texas plan (state average ~688 per filing). Assets: $2.5B.

#17,572
in Manufacturing (17,777 peers)
+29.4%
assets growth YoY
25×
vs typical plan assets (national mean)

Tesla, Inc. 401(k) Plan's outsized position by total assets

Tesla, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$2,463,522,980 Top 1% higher than 99% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Tesla, Inc. 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tesla, Inc. 401(k) Plan is a mega filing (80,827 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tesla, Inc. 401(k) Plan end-of-year assets rose from $1.9B in the plan year 2023 filing to $2.5B in the plan year 2024 filing.
  • Tesla, Inc. 401(k) Plan reported net income fell from $650M in the plan year 2023 filing to $560M in the plan year 2024 filing.
  • Tesla, Inc. 401(k) Plan reported participants rose from 74,647 in the plan year 2023 filing to 80,827 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 912197729 · Tesla, Inc. PY 2024 · 401(k)

Tesla, Inc. 401(k) Plan · $2.5B · 80,827 · 99th

  • EOY $2.5B
  • 5500 80,827
  • ASSETS 99th
  • PCT 401(k)
  • EIN near Netjets Aviation, Inc. 401(k) Retirement Plan
  • RANK ind #17572

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Texas →

Tesla, Inc. 401(k) Plan in the asset neighbourhood

The Goodyear Tire & Rubber Company Employee Savings Plan for Salaried EmployeesThe Goodyear Tire & Rubber C…$2.5BStanley Black & Decker Retirement Account PlanStanley Black & Decker Retir…$2.5BThe Magna Group of Companies Retirement Savings PlansThe Magna Group of Companies…$2.5BTesla, Inc. 401(k) Plan$2.5BNetjets Aviation, Inc. 401(k) Retirement PlanNetjets Aviation, Inc. 401(k…$2.5B
End-of-year total assets ($B) among Tesla, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$1.9B
Net Assets (End of Year)$2.5B
Net Income$560M
Employer EIN912197729
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tesla, Inc.)

Sponsor-wide plan assets over time

All Tesla, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.5B 96.42802864949469% vs 2022
2024 filing year
$1B$1.5B$2B$2.5B$3B 202220232024 $1.25B $2.46B ▲ +96.8%
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 Scatter plot of 6 data points. 020000400006000080000100000120000 01020304050 Total assets ($B) Participants Tesla, Inc. 401(k) Plan, Total assets ($B): 2.46352298 · Participants: 80827Tesla, Inc. 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Tesla, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Tesla, Inc. 401(k) Plan side-by-side with 3 peers →

Scale composition for Tesla, Inc. 401(k) Plan

Tesla, Inc. 401(k) Plan reports $2.5B in end-of-year assets across 80,827 participants (0.020% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.086% of 93,925,755 covered participants) - about $30,479 per participant (22% of the national average assets-per-participant) . Net income for plan year 2024 was $560M.

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 Open filing
2024 · index core 80,827 $2.5B This page

Tesla, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Netjets Aviation, Inc. 401(k) Retirement Plan in OH ($2.5B); by covered participants it is Advocate Aurora Health 401(k) Plan in WI (80,015 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (80,827 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Tesla, Inc. 401(k) Plan assets move in 2024? ▼
Tesla, Inc. 401(k) Plan grew sharply - up 29.4% during 2024, from $1.9B to $2.5B. Reported net income was $560M.
How have Tesla, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tesla, Inc.'s sponsor-wide assets grew 96.4%, from $1.3B to $2.5B.
Where does Tesla, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Tesla, Inc. 401(k) Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Tesla, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Netjets Aviation, Inc. 401(k) Retirement Plan in OH ($2.5B, 3,527 participants).
Which 401(k) plans cover a similar participant headcount to Tesla, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Advocate Aurora Health 401(k) Plan in WI (80,015 participants, $10.5B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 912197729.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.