401(k) · DOL Form 5500 · 2023
Open Text, Inc. 401(k) Plan
Data updated 2026-08-11
- $980M
- Total assets
- 3,761
- Participants
- 99th
- Percentile by assets
- $260,615
- Avg per participant
Official DOL plan name: Open Text, Inc. 401(k) Plan · Sponsored by Open Text, Inc. · California · Professional & Technical Services
$980M in assets, 3,761 participants
Open Text, Inc.'s Open Text, Inc. 401(k) Plan reported $980M in total assets and 3,761 participants in its 2023 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 127,072 plans)
- #20,133 in Professional & Technical Services (20,321 peers)
Coverage in California
Open Text, Inc. 401(k) Plan covers 3,761 participants in California, 6.0x the typical California plan (state average ~630 per filing). Assets: $980M.
- $980M
- total plan assets (2023 EOY)
- 3,761
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $260,615
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Open Text, Inc. 401(k) Plan reported net income rose from -$177M in the plan year 2022 filing to $130M in the plan year 2023 filing.
- Open Text, Inc. 401(k) Plan end-of-year assets rose from $850M in the plan year 2022 filing to $980M in the plan year 2023 filing.
- Open Text, Inc. 401(k) Plan reported participants fell from 3,999 in the plan year 2022 filing to 3,761 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Open Text, Inc. 401(k) Plan reports 3,761 participants - 6.0x that state average ($980M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $850M |
|---|---|
| Net Assets (End of Year) | $980M |
| Net Income | $130M |
| 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 $51.8B · 193,919
- Google LLC 401(k) Savings Plan $39.0B · 122,867
- Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
- Intel 401(k) Savings Plan $22.2B · 59,863
- Apple 401(k) Plan $19.8B · 106,111
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.
- First Horizon Corporation Savings Plan (TN) $980M · 7,404
- Employee Savings Plan (IL) $981M · 9,503
- Eighth District Electrical Pension Fund Annuity Plan (NV) $981M · 20,426
- Constellation Brands, Inc. 401(k) and Profit Sharing Plan (NY) $979M · 4,015
Frequently Asked Questions
How did Open Text, Inc. 401(k) Plan assets move in 2023? ▼
How have Open Text, Inc. plan assets changed over time? ▼
Where does Open Text, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
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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