Plan Snapshot
- Plan Sponsor: Tesla, INC.
- Sponsor EIN: 912197729
- Sponsor Address: 1 TESLA ROAD, AUSTIN, TX, 78725
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 95,640
- Total Assets: $3.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 95,640 | $3.2B | $0 | $0 |
| 2024 | 72,376 | $2.5B | $105.9M | $361.0M |
| 2023 | 80,827 | $1.9B | $100.3M | $336.6M |
| 2022 | 74,647 | $1.3B | $86.7M | $275.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $2,709,873 | — | $2,709,873 |
| STRATEGIC ADVISERS LLC | Investment Advisor | $620,609 | — | $620,609 |
| SAGEVIEW ADVISORY GROUP LLC | Investment Advisor | $256,283 | — | $256,283 |
| SILICON VALLEY ACCOUNTANCY CORP | Auditor | $51,840 | — | $51,840 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,638,605
- Estimated Expense Ratio: 0.113% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $259,265,381 | $620,609 | $12,600 | $51,840 | — |
| 2024 | $3,459,149 | $290,307 | $4,200 | $54,702 | — |
| 2023 | $3,252,746 | $202,946 | $6,000 | $54,010 | — |
| 2022 | $2,170,462 | $132,296 | — | — | — |