401(k) · DOL Form 5500 · 2022
Open Text, Inc. 401(k) Plan
Data updated 2026-08-06
- $850M
- Total assets
- 3,999
- Participants
- 99th
- Percentile by assets
- $212,496
- Avg per participant
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.
- 99th percentile by assets (of 139,258 plans)
- #21,394 in Professional & Technical Services (21,577 peers)
Coverage in California
Open Text, Inc. 401(k) Plan covers 3,999 participants in California, 6.3x the typical California plan (state average ~637 per filing). Assets: $850M.
- $850M
- total plan assets (2022 EOY)
- 3,999
- covered participants
- 99th
- percentile by assets (of 139,258 plans)
- $212,496
- avg assets per participant
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.
Participants vs California filers
In California, the average filing covers about 637 participants across 14,392 plans. Open Text, Inc. 401(k) Plan reports 3,999 participants - 6.3x that state average ($850M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $978M |
|---|---|
| Net Assets (End of Year) | $850M |
| Net Income | -$177M |
| Employer EIN | 460525483 |
| Plan Effective Date | 1992-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Open Text, Inc.)
| 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
- Wells Fargo & Company 401(k) Plan $45.8B · 205,865
- Google LLC 401(k) Savings Plan $28.9B · 102,963
- Oracle Corporation 401(k) Savings and Investment Plan $21.9B · 46,320
- Chevron Employee Savings Investment Plan $18.6B · 19,946
- Intel 401(k) Savings Plan $18.4B · 54,672
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Open Text, Inc. 401(k) Plan by total assets, not by location.
- The Putnam Retirement Plan (MA) $849M · 1,292
- Hf Sinclair Corporation 401(k) Retirement Savings Plan (TX) $851M · 4,002
- Polaris 401(k) Retirement Savings Plan (MN) $851M · 8,806
- Nomura Securities International, Inc. Retirement Investment Plan (NY) $848M · 1,819
Frequently Asked Questions
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Next read for Open Text, Inc. 401(k) Plan
Filing takeaways
Ways to act on Open Text, Inc. 401(k) Plan's numbers.
- By total assets, Open Text, 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 California. Compare plans
- Open Text, Inc.'s sponsor-wide assets have grown 124.4% since 2022 across 3 plan years on file. More Professional & Technical Services plans