401(k) · DOL Form 5500 · 2023

Open Text, Inc. 401(k) Plan

Data updated 2026-08-25

$980M
Total assets Above avg plan size
3,761
Participants Above avg headcount
99th
Percentile by assets National rank
$260,615
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

$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.

  • #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.

#20,133
in Professional & Technical Services (20,321 peers)
+15.3%
assets growth YoY
9.8×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$980,172,191 Top 1% higher than 99% of 127,068 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 2023

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

Plan-year 2023 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 (3,761 participants).

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.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 460525483 · Open Text, Inc. PY 2023 · 401(k)

Open Text, Inc. 401(k) Plan · $980M · 3,761 · 99th

  • PART $980M
  • PART 3,761
  • PART 99th
  • PART 401(k)
  • PART near First Horizon Corporation Savings Plan
  • PART ind #20133

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

Eighth District Electrical Pension Fund Annuity PlanEighth District Electrical P…$981MEmployee Savings Plan$981MOpen Text, Inc. 401(k) Plan$980MFirst Horizon Corporation Savings PlanFirst Horizon Corporation Sa…$980MConstellation Brands, Inc. 401(k) and Profit Sharing PlanConstellation Brands, Inc. 4…$979M
End-of-year total assets ($M) among Open Text, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$850M
Net Assets (End of Year)$980M
Net Income$130M
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 -200204060 Total assets ($B) Participants Open Text, Inc. 401(k) Plan, Total assets ($B): 0.980172191 · Participants: 3761Open Text, Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Open Text, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Open Text, Inc. 401(k) Plan side-by-side with 3 peers →

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 First Horizon Corporation Savings Plan in TN ($980M); by covered participants it is Mack UAW 401(k) Plan in NC (3,761 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($980M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,761 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Open Text, Inc. 401(k) Plan grew sharply - up 15.3% during 2023, from $850M to $980M. Reported net income was $130M.
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 127,072 plans that reported assets for plan year 2023 (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 First Horizon Corporation Savings Plan in TN ($980M, 7,404 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 Mack UAW 401(k) Plan in NC (3,761 participants, $188M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 460525483.

Read our methodology - how this data is sourced, computed, and verified.

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