OpenText 401K Plan

75 employees reported this benefit
Updated Nov 23, 2015
2.0
20 Ratings

Employer Summary

Employer Verified Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 20
Jun 29, 2020
Current Senior Product Manager in Lexington, Kentucky

Very low contribution rate. Now, with the impact of COVID-19, all 401K contributions have ceased.

Feb 19, 2020
Current Principal Architect in Gaithersburg, Maryland

1% of base salary ...too low comapred to industry standards

Feb 9, 2020
Current Employee in Lexington-Fayette, Kentucky

Poor match. Up to .25 of 4% so max is 1%.

Jan 20, 2020
Former Employee in nullnull

Your employer matches up to 4% of your eligible compensation, including Catch-Up contributions. When you contribute to your plan, your employer matches 25% of the first 4% of your pay.

Aug 13, 2019
Current Employee in Gaithersburg, Maryland

3% match, I wish it was better.

Apr 29, 2019
Current Employee in Pleasanton, California

pro - Managed by Fidelity con - 1% match

Mar 15, 2019
Former Employee in Gaithersburg, Maryland

Not the best but not horrible.

Dec 5, 2018
Former Shared Services in San Mateo, California

Only a 1% match....why bother.

Sep 23, 2018
Former Bilingual Client Services Representative in Gaithersburg, Maryland

Overall had a good benefit plan includibg the 6000 / year education cost reimbursement which I didn't have a chance to take advantage.

Jul 29, 2018
Current Employee in Irvine, California

Their fund selection is varied and diverse through Fidelity, but their meager employer matching of only the first one percent has to one of the lowest in the country.

Viewing 1-10 of 20