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Company:
Open Text, Inc.
Plan:
Open Text, Inc. 401k Salary Reduction Plan and Trust
 

Open Text, Inc.

75 Plan: Open Text, Inc. 401k Salary Reduction Plan and Trust

 
 
75
24
75
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (75) and the top rated plan (89) could equate to:
[How is this calculated?]
9 additional years of work
Up to $122,100 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Open Text, Inc. 401k Salary Reduction Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75. This plan is in the top 15% of plans for Salary Deferral. Open Text, Inc. 401k Salary Reduction Plan and Trust currently has over 1,100 active participants and over $42.4M in plan assets.

 

 Retirement Plan Details

Address 100 Tri State Intl
Ste 300
Lincolnshire, IL 60069 
Industry Computer Systems Design Services
Administrator Pamela Mcmeekin
Net Plan Assets $42,400,000
Total Participants 1,200
Avg Account Balance $37,000

 Compare Other Companies in Peer Group

Logicalis 80.4
Pegasystems 77.8
Cimarron 76.8
Sirius Computer Solutions 75.2
S1 75.1
Dimension Data US II 71.4

 Top 3 Funds in this 401k

1. Fidelity Freedom 2030 11%
2. Fidelity Freedom 2035 10%
3. Fidelity Retirement Money Market 8%

  Plan Service Providers

Investment Adviser MMC Securities Corp.
Auditor Ronald J. Borden and Company, Ltd

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