401(k) · DOL Form 5500 · 2024

Open Text, Inc. 401(k) Plan

Data updated 2026-08-25

$1.9B
Total assets Very large vs avg
3,767
Participants Above avg headcount
99th
Percentile by assets National rank
$506,290
Avg per participant High 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

$1.9B in assets, 3,767 participants

Open Text, Inc.'s Open Text, Inc. 401(k) Plan reported $1.9B in total assets and 3,767 participants in its 2024 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.

  • #20,065 in Professional & Technical Services (20,173 peers)

Coverage in California

Open Text, Inc. 401(k) Plan covers 3,767 participants in California, 6.0x the typical California plan (state average ~630 per filing). Assets: $1.9B.

#20,065
in Professional & Technical Services (20,173 peers)
+94.6%
assets growth YoY
19×
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 2024 · DOL Form 5500

$1,907,194,714 Top 1% higher than 99% of 123,620 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 2024

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

Plan-year 2024 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 (3,767 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Open Text, Inc. 401(k) Plan end-of-year assets rose from $980M in the plan year 2023 filing to $1.9B in the plan year 2024 filing.
  • Open Text, Inc. 401(k) Plan reported net income fell from $130M in the plan year 2023 filing to $101M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 460525483 · Open Text, Inc. PY 2024 · 401(k)

Open Text, Inc. 401(k) Plan · $1.9B · 3,767 · 99th

  • EOY $1.9B
  • EOY 3,767
  • EOY 99th
  • EOY 401(k)
  • EOY near Hogan Lovells US LLP Retirement Savings Plan
  • EOY ind #20065

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

Broadridge Financial Solutions, Inc. Retirement Savings PlanBroadridge Financial Solutio…$1.9BWesco Distribution, Inc. Retirement Savings PlanWesco Distribution, Inc. Ret…$1.9BOpen Text, Inc. 401(k) Plan$1.9BHogan Lovells US LLP Retirement Savings PlanHogan Lovells US LLP Retirem…$1.9BSedgwick 401(k) Savings Plan$1.9B
End-of-year total assets ($B) among Open Text, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$980M
Net Assets (End of Year)$1.9B
Net Income$101M
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. -50000050000100000150000 -200204060 Total assets ($B) Participants Open Text, Inc. 401(k) Plan, Total assets ($B): 1.907194714 · Participants: 3767Open Text, Inc. 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 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 Hogan Lovells US LLP Retirement Savings Plan in DC ($1.9B); by covered participants it is Parts Town Unlimited, LLC 401(k) Plan in IL (3,767 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.9B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,767 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Open Text, Inc. 401(k) Plan surged - up 94.6% during 2024, from $980M to $1.9B. Reported net income was $101M.
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 123,622 plans that reported assets for plan year 2024 (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 Hogan Lovells US LLP Retirement Savings Plan in DC ($1.9B, 1,973 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 Parts Town Unlimited, LLC 401(k) Plan in IL (3,767 participants, $157M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.