2023 Form 5500 filing — Open Text, Inc. 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241001131838NAL0013744514001) for Open Text, Inc. 401(K) Plan, reported by Open Text, Inc. under EIN 46-0525483 and plan number 001. It reports 6,784 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001131838NAL0013744514001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Open Text, Inc.
- EIN
- 46-0525483
- Plan number
- 001
- Location
- Menlo Park, CA
- Participants
- 6,784
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $980,172,191
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $980,172,191
- Employer contributions
- $9,109,381
- Participant contributions
- $50,153,619
- Total income / additions
- $223,592,204
- Benefits paid
- $92,519,759
- Administrative expenses
- $663,925
- Total expenses
- $93,192,543
- Net increase / (decrease)
- $130,399,661
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $324,217 | $0 |
| Strategic Advisors, Inc. | ADVISOR | $176,391 | not reported in the loaded dataset |
| Mercer Investments LLC | CONSULTANT | $108,133 | not reported in the loaded dataset |
| Grant Thornton Llp | ACCOUNTANT/AUDITOR | $48,250 | not reported in the loaded dataset |
| Vedder Price Pc | ATTORNEY/LEGAL | $6,934 | not reported in the loaded dataset |