401(k) · DOL Form 5500 · 2022

Open Text, Inc. 401(k) Plan

Data updated 2026-08-25

$850M
Total assets Above avg plan size
3,999
Participants Above avg headcount
99th
Percentile by assets National rank
$212,496
Avg per participant Above avg balance/head
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Official DOL plan name: Open Text, Inc. 401(k) Plan · Sponsored by Open Text, Inc. · California · Professional & Technical Services

$850M in assets, 3,999 participants

Open Text, Inc.'s Open Text, Inc. 401(k) Plan reported $850M in total assets and 3,999 participants in its 2022 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.

  • #21,380 in Professional & Technical Services (21,562 peers)

Coverage in California

Open Text, Inc. 401(k) Plan covers 3,999 participants in California, 6.3x the typical California plan (state average ~630 per filing). Assets: $850M.

#21,380
in Professional & Technical Services (21,562 peers)
-13.1%
assets change YoY
8.5×
vs typical plan assets (national mean)

The plan reported a net loss of $177M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

End-of-year total assets · plan year 2022 · DOL Form 5500

$849,772,530 Top 1% higher than 99% of 139,123 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 2022

Open Text, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Open Text, Inc. 401(k) Plan lands in the large band (3,999 participants).

Form 5500 schedule snapshot

Filing strip 460525483 · Open Text, Inc. PY 2022 · 401(k)

Open Text, Inc. 401(k) Plan · $850M · 3,999 · 99th

  • BOY $850M
  • SCH 3,999
  • EBSA 99th
  • PART 401(k)
  • TYPE near The Putnam Retirement Plan
  • NET ind #21380

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 Professional & Technical Services retirement plans → · Plans in California →

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

Polaris 401(k) Retirement Savings PlanPolaris 401(k) Retirement Sa…$851MHf Sinclair Corporation 401(k) Retirement Savings PlanHf Sinclair Corporation 401(…$851MOpen Text, Inc. 401(k) Plan$850MThe Putnam Retirement Plan$849MNomura Securities International, Inc. Retirement Investment PlanNomura Securities Internatio…$848M
End-of-year total assets ($M) among Open Text, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$978M
Net Assets (End of Year)$850M
Net Income-$177M
Employer EIN460525483
Plan Effective Date1992-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Open Text, Inc.)

Sponsor-wide plan assets over time

All Open Text, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.9B 124.43591039592678% vs 2022
2024 filing year
$0.5B$1B$1.5B$2B$2.5B 202220232024 $0.85B $1.91B ▲ +124.7%
Year Plans Participants Total Assets
2022 1 3,999 $850M
2023 1 3,761 $980M
2024 1 3,767 $1.9B

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Open Text, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -1001020304050 Total assets ($B) Participants Open Text, Inc. 401(k) Plan, Total assets ($B): 0.84977253 · Participants: 3999Open Text, Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Open Text, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

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

Outside California, the nearest 401(k) by assets is The Putnam Retirement Plan in MA ($849M); by covered participants it is Plansource Financial Services, Inc. Retirement Savings Plan in FL (3,999 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($850M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,999 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Open Text, Inc. 401(k) Plan assets move in 2022? ▼
Open Text, Inc. 401(k) Plan pulled back noticeably - down 13.1% during 2022, from $978M to $850M. Reported net income was -$177M.
How have Open Text, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Open Text, Inc.'s sponsor-wide assets grew 124.4%, from $850M to $1.9B.
Where does Open Text, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Open Text, Inc. 401(k) Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Open Text, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Putnam Retirement Plan in MA ($849M, 1,292 participants).
Which 401(k) plans cover a similar participant headcount to Open Text, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Plansource Financial Services, Inc. Retirement Savings Plan in FL (3,999 participants, $66M in assets).