401(k)
2022 plan-year 401(k) DOL Form 5500

Corel Inc. 401(k) Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Corel Inc. · Texas · Professional & Technical Services

What the 2023 filing shows

Corel Inc. 401(k) Retirement Plan holds $29M for 149 participants — about $195,970 per participant, down 25.5% over the 2022 plan year.

$29M
total plan assets (2022 EOY)
149
covered participants
$195,970
avg assets per participant
-25.5%
assets change YoY

The plan reported a net loss of $10M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$29M
Participants
149
State
Industry
Professional & Technical Services

What the Filing Says About Corel Inc. 401(k) Retirement Plan

Corel Inc. 401(k) Retirement Plan is a 401(k) retirement plan sponsored by Corel Inc., headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $29M in total end-of-year assets and covers 149 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 870557105, and the plan has been effective since 1996-03-04. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $39M at the beginning of 2022 to $29M at year-end — a decline of 25.5%. Net assets (after liabilities) closed the year at $29M, with reported net income of $-10,017,669 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$39M
Total Assets (End of Year)$29M
Net Assets (End of Year)$29M
Net Income$-10,017,669
Plan Type401(k)
Employer EIN870557105
Plan Effective Date1996-03-04
Filing StatusFILING RECEIVED

Sponsor Plan History (Corel Inc.)

Year Plans Participants Total Assets
2022 1 149 $29M
2023 1 149 $34M

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Frequently Asked Questions

How much money is in the Corel Inc. 401(k) Retirement Plan?
As of the 2022 Form 5500 filing, Corel Inc. 401(k) Retirement Plan holds $29M in total assets with 149 participants. It is sponsored by Corel Inc..
What type of plan is Corel Inc. 401(k) Retirement Plan?
Corel Inc. 401(k) Retirement Plan is a 401(k) plan. It has been effective since 1996-03-04. The plan is filed with the U.S. Department of Labor under EIN 870557105.
Who sponsors the Corel Inc. 401(k) Retirement Plan?
Corel Inc. 401(k) Retirement Plan is sponsored by Corel Inc., located in Texas. The sponsor's EIN is 870557105 and the plan operates in the Professional & Technical Services industry.
How did Corel Inc. 401(k) Retirement Plan perform in 2022?
Corel Inc. 401(k) Retirement Plan declined by 25.5% during 2022, moving from $39M to $29M in total assets. Net income was $-10,017,669.
Where can I find official filings for Corel Inc. 401(k) Retirement Plan?
Official Form 5500 filings for Corel Inc. 401(k) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 870557105 or plan name at efast.dol.gov.
How does Corel Inc. 401(k) Retirement Plan compare to other plans?
You can compare Corel Inc. 401(k) Retirement Plan against other 401(k) plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 870557105.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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