401(k) · DOL Form 5500 · 2022

Rackspace, US Inc. 401(k) Plan

Data updated 2026-08-11

$337M
Total assets
2,623
Participants
97th
Percentile by assets
$128,537
Avg per participant
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Official DOL plan name: Rackspace US, Inc. 401(k) Plan · Sponsored by Rackspace, US Inc. · Texas · Management of Enterprises

$337M in assets, 2,623 participants

Rackspace, US Inc.'s Rackspace US, Inc. 401(k) Plan reported $337M in total assets and 2,623 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #1,073 in Management of Enterprises (1,193 peers)

Coverage in Texas

Rackspace US, Inc. 401(k) Plan covers 2,623 participants in Texas, 3.8x the typical Texas plan (state average ~688 per filing). Assets: $337M.

$337M
total plan assets (2022 EOY)
2,623
covered participants
97th
percentile by assets (of 139,126 plans)
$128,537
avg assets per participant

The plan reported a net loss of $85M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Rackspace US, Inc. 401(k) Plan reports 2,623 participants - 3.8x that state average ($337M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$423M
Net Assets (End of Year)$337M
Net Income-$85M
Employer EIN742900680
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rackspace, US Inc.)

$300M$350M$400M$450M 202220232024 $337M $405M ▲ +20.1%
Total plan assets by year, all Rackspace, US Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,623 $337M
2023 1 2,480 $381M
2024 1 1,929 $405M

Nearby 401(k) Plans in Texas

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

Rackspace US, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Rackspace US, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Rackspace US, Inc. 4…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Rackspace US, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Rackspace US, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Rackspace US, Inc. 401(k) Plan assets move in 2022?
Rackspace US, Inc. 401(k) Plan declined sharply - down 20.2% during 2022, from $423M to $337M. Reported net income was -$85M.
How have Rackspace, US Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Rackspace, US Inc.'s sponsor-wide assets grew 20.1%, from $337M to $405M.
Where does Rackspace US, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Rackspace US, Inc. 401(k) Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Rackspace US, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is C.V. Starr & Co., Inc. Incentive Savings Plan in NY ($337M, 1,568 participants).

Filing takeaways

Ways to act on Rackspace US, Inc. 401(k) Plan's numbers.