Tesla
Tesla, Inc. · AUSTIN, TX · TSLA (Nasdaq) · Manufacturing · sponsor EIN 91-2197729 · 1 plan with Schedule H financials, latest plan year 2024
Plan terms
Quoted from Tesla, Inc.'s SEC filing covering the period ended 2025-12-31. The figures on this page cover the plan year ended 2024-12-31, a different period: terms may have changed between the two. The plan document governs; these are the filing's own words.
Vesting
“Beginning in January 2022, we began to match 50% of each employee’s contributions up to a maximum of 6% (capped at $3,000) of the employee’s eligible compensation, vested upon one year of service.”
As stated in Tesla, Inc.'s Form 10-K filed 2026-01-29, for the period ended 2025-12-31 (SEC): source document; 10-K benefits note section.
TESLA, INC. 401(K) PLAN
Plan year 2024-01-01 to 2024-12-31 · $2,463,522,980 in assets · 68,149 participants with a balance · >$1B bucket, single-employer · plan number 001
At a glance
Recordkeeping fees per participant (headline)
$42.16
higher than 69% of the 790 plans of similar size (>$1B) that report it
= recordkeeping_fees / participants_with_balance. Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250905110013NAL0028770256001, received 2025-09-05 · participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250905110013NAL0028770256001, received 2025-09-05
Administrative expenses excluding investment management, per participant
$46.50
higher than 53% of the 1,045 plans of similar size (>$1B) that report it
= admin_excl_invmgmt / participants_with_balance. derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250905110013NAL0028770256001, received 2025-09-05 · participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250905110013NAL0028770256001, received 2025-09-05
Administrative expenses per participant
$50.76
higher than 31% of the 1,076 plans of similar size (>$1B) that report it
= admin_expenses / participants_with_balance. Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250905110013NAL0028770256001, received 2025-09-05 · participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250905110013NAL0028770256001, received 2025-09-05
Administrative expenses as a share of assets
0.140%
higher than 95% of the 1,076 plans of similar size (>$1B) that report it
= admin_expenses / assets_eoy. Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250905110013NAL0028770256001, received 2025-09-05 · assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250905110013NAL0028770256001, received 2025-09-05
Employer contributions per participant
$1,554
higher than 11% of the 1,135 plans of similar size (>$1B) that report it
= employer_contrib / participants_with_balance. Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250905110013NAL0028770256001, received 2025-09-05 · participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250905110013NAL0028770256001, received 2025-09-05
Employer share of total contributions
20.6%
higher than 12% of the 1,135 plans of similar size (>$1B) that report it
= employer_contrib / total_contrib. Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250905110013NAL0028770256001, received 2025-09-05 · total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250905110013NAL0028770256001, received 2025-09-05
Percentiles compare this plan with the Schedule H plans of the same asset bucket and plan year, excluding final filings; a percentile is shown only where at least 50 comparable plans report the figure. The match formula is not in the filing; only amounts are shown.
Plan features
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2E profit-sharing · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 2R participant brokerage window Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250905110013NAL0028770256001, received 2025-09-05
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL (recordkeeper) | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $2,892,134 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $290,307 | no |
| SAGEVIEW ADVISORY GROUP LLC | INVESTMENT ADVISOR | 16 Consulting (general); 27 Investment advisory (plan) | $236,443 | no |
| SILICON VALLEY ACCOUNTANCY CORP | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $54,702 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250905110013NAL0028770256001, received 2025-09-05.
Full record
| Field | Value | Source |
|---|---|---|
| Plan sponsor | TESLA, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Plan name | TESLA, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Sponsor EIN / plan number | 91-2197729 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Sponsor location | AUSTIN, TX | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Industry (business code) | 336100, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Filing received | 2025-09-05 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Participants, beginning of year | 94,241 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Active participants | 72,376 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Participants, end of year | 89,700 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Participants with an account balance | 68,149 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Total assets, beginning of year | $1,903,904,907 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Total assets, end of year | $2,463,522,980 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Net assets, end of year | $2,463,522,980 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Total income | $822,560,819 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Net income | $559,618,073 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Employer contributions | $105,870,589 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Participant contributions | $360,969,076 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Other contributions (incl. rollovers) | $46,672,033 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Total contributions | $513,511,698 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Benefit payments | $257,751,300 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Total expenses (incl. benefit payments) | $262,942,746 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Total administrative expenses | $3,459,149 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Contract administrator fees | $4,200 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Recordkeeping fees | $2,873,497 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| IQPA audit fees | $54,702 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Investment advisory and management fees | $290,307 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Administrative expenses excluding investment management | $3,168,842 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Held in common/collective trusts | $2,158,352,576 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Held in mutual funds | $188,865,463 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250905110013NAL0028770256001, received 2025-09-05 |
| Independent auditor | SILICON VALLEY ACCOUNTANCY CORP. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250905110013NAL0028770256001, received 2025-09-05 |
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,903,904,907 | $2,463,522,980 | 29.4% |
| Participants with a balance | 69,428 | 68,149 | -1.8% |
| Administrative expenses | $3,252,746 | $3,459,149 | 6.3% |
| Recordkeeping fees per participant | $40.71 | $42.16 | 3.6% |
| Employer contributions | $100,251,533 | $105,870,589 | 5.6% |
Prior filing 20241001133457NAL0011754240001, received 2024-10-01; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: TESLA, INC.; SEC registrant: Tesla, Inc. (CIK 1318605, matched by EIN).