401(k) · DOL Form 5500 · 2024

Rackspace, US Inc. 401(k) Plan

Data updated 2026-08-11

$405M
Total assets
1,929
Participants
97th
Percentile by assets
$209,870
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

$405M in assets, 1,929 participants

Rackspace, US Inc.'s Rackspace US, Inc. 401(k) Plan reported $405M in total assets and 1,929 participants in its 2024 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 123,622 plans)
  • #1,016 in Management of Enterprises (1,133 peers)

Coverage in Texas

Rackspace US, Inc. 401(k) Plan covers 1,929 participants in Texas, 2.8x the typical Texas plan (state average ~688 per filing). Assets: $405M.

$405M
total plan assets (2024 EOY)
1,929
covered participants
97th
percentile by assets (of 123,622 plans)
$209,870
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Rackspace US, Inc. 401(k) Plan reported net income fell from $44M in the plan year 2023 filing to $24M in the plan year 2024 filing.
  • Rackspace US, Inc. 401(k) Plan reported participants fell from 2,480 in the plan year 2023 filing to 1,929 in the plan year 2024 filing.
  • Rackspace US, Inc. 401(k) Plan end-of-year assets rose from $381M in the plan year 2023 filing to $405M in the plan year 2024 filing.

See the national 2023→2024 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 1,929 participants - 2.8x that state average ($405M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$381M
Net Assets (End of Year)$405M
Net Income$24M
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…Chevron Employee Sav…Caterpillar 401(k) S…Southwest Airlines C…
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 2024?
Rackspace US, Inc. 401(k) Plan grew at a solid clip - up 6.3% during 2024, from $381M to $405M. Reported net income was $24M.
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 123,622 plans that reported assets for plan year 2024 (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 American Chemical Society ERISA 403(b) Plan in DC ($405M, 1,828 participants).

Filing takeaways

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