401(k) · DOL Form 5500 · 2023

Rackspace, US Inc. 401(k) Plan

Data updated 2026-08-11

$381M
Total assets
2,480
Participants
97th
Percentile by assets
$153,604
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Rackspace US, Inc. 401(k) Plan · Sponsored by Rackspace, US Inc. · Texas · Management of Enterprises

$381M in assets, 2,480 participants

Rackspace, US Inc.'s Rackspace US, Inc. 401(k) Plan reported $381M in total assets and 2,480 participants in its 2023 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 127,072 plans)
  • #1,009 in Management of Enterprises (1,137 peers)

Coverage in Texas

Rackspace US, Inc. 401(k) Plan covers 2,480 participants in Texas, 3.6x the typical Texas plan (state average ~688 per filing). Assets: $381M.

$381M
total plan assets (2023 EOY)
2,480
covered participants
97th
percentile by assets (of 127,072 plans)
$153,604
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Rackspace US, Inc. 401(k) Plan reported net income rose from -$85M in the plan year 2022 filing to $44M in the plan year 2023 filing.
  • Rackspace US, Inc. 401(k) Plan end-of-year assets rose from $337M in the plan year 2022 filing to $381M in the plan year 2023 filing.
  • Rackspace US, Inc. 401(k) Plan reported participants fell from 2,623 in the plan year 2022 filing to 2,480 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Rackspace US, Inc. 401(k) Plan reports 2,480 participants - 3.6x that state average ($381M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$337M
Net Assets (End of Year)$381M
Net Income$44M
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. -50000050000100000150000 -1001020304050 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 2023?
Rackspace US, Inc. 401(k) Plan grew at a solid clip - up 13.0% during 2023, from $337M to $381M. Reported net income was $44M.
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 127,072 plans that reported assets for plan year 2023 (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 Nch Healthcare System, Inc. 401(k) Plan in FL ($381M, 4,107 participants).

Filing takeaways

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