401(k) · DOL Form 5500 · 2024

Open Text, Inc. 401(k) Plan

Data updated 2026-07-24

$1.9B
Total assets
3,767
Participants
99th
Percentile by assets
$506,290
Avg per participant
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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.

  • 99th percentile by assets (of 116,472 plans)

Coverage in California

Open Text, Inc. 401(k) Plan covers 3,767 participants in California, 5.9x the typical California plan (state average ~637 per filing). Assets: $1.9B.

$1.9B
total plan assets (2024 EOY)
3,767
covered participants
99th
percentile by assets (of 116,472 plans)
$506,290
avg assets per participant

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 →

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Open Text, Inc. 401(k) Plan reports 3,767 participants - 5.9x that state average ($1.9B EOY assets).

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.)

$0.5B$1B$1.5B$2B$2.5B 202220232024 $0.85B $1.91B ▲ +124.7%
Total plan assets by year, all Open Text, Inc. plans on file
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

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(…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) PlanCisco Systems,Inc. 4…
Open Text, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

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.

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 116,472 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).

Filing takeaways

Ways to act on Open Text, Inc. 401(k) Plan's numbers.

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.

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