401(k) · DOL Form 5500 · 2024

Tesla, Inc. 401(k) Plan

Data updated 2026-07-24

$2.5B
Total assets: 80,827
Participants: 99th
Percentile by assets: $30,479
Avg per participant

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.

99th percentile by assets (of 116,472 plans)

Coverage in Texas

Tesla, Inc. 401(k) Plan covers 80,827 participants in Texas, 115x the typical Texas plan (state average ~704 per filing). Assets: $2.5B.

$2.5B
total plan assets (2024 EOY): 80,827
covered participants: 99th
percentile by assets (of 116,472 plans): $30,479
avg assets per participant

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 →

State

Texas

Industry

Manufacturing

Participants vs Texas filers

In Texas, the average filing covers about 704 participants across 9,718 plans. Tesla, Inc. 401(k) Plan reports 80,827 participants - 115x that state average ($2.5B EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)	$1.9B
Net Assets (End of Year)	$2.5B
Net Income	$560M
Employer EIN	912197729
Plan Effective Date	2004-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Tesla, Inc.)

Total plan assets by year, all Tesla, Inc. plans on file

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 $43.1B · 109,889
Exxonmobil Savings Plan $23.7B · 21,990
Chevron Employee Savings Investment Plan $20.4B · 21,505
Caterpillar 401(k) Savings Plan $18.8B · 43,873
Southwest Airlines Co. Retirement Savings Plan $17.0B · 67,820

Compare Tesla, Inc. 401(k) Plan side-by-side with 3 peers →

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.

Netjets Aviation, Inc. 401(k) Retirement Plan (OH) $2.5B · 3,527
The Goodyear Tire & Rubber Company Employee Savings Plan for Salaried Employees (OH) $2.5B · 9,969
Stanley Black & Decker Retirement Account Plan (CT) $2.5B · 18,386
The Magna Group of Companies Retirement Savings Plans () $2.5B · 25,008

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 116,472 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).

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

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.