OpenText Employee Benefit: 401K Plan | Glassdoor

OpenText 401K Plan

Updated Nov 23, 2015

62 employees reported this benefit

2.3
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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 13
  • Sep 21, 2018
    StarStarStarStarStar 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
    StarStarStarStarStar 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.

  • Mar 21, 2018
    StarStarStarStarStar Current Employee in Gaithersburg, Maryland

    Many options to choose and customize. Super affordable rates. Many different categories of benefits to choose from. Many company paid benefits are provided from 1st day of employment for employee as well as family members. I calculated the company contributes over $17,000/yr for my benefits package. They even cover your "significant other"! This alone saves my girl friend over $8,400 a year.

  • Nov 15, 2017
    StarStarStarStarStar Current Sales Executive in San Francisco, California

    They do not match for this

  • Jul 03, 2017
    StarStarStarStarStar Former Employee in Newark, New Jersey

    Very good selection for 401-k funds

  • Jan 17, 2017
    StarStarStarStarStar Former Employee in Gaithersburg, Maryland

    401k matching is complicated and only good for the company, not you.

  • Aug 16, 2016
    StarStarStarStarStar Current Employee in Scottsdale, Arizona

    Its great that they offer matching 401k. Its not quite as much as some of the bigger players in the business (up to 4% I believe) but its money on the table.

  • Jul 17, 2016
    StarStarStarStarStar Former Employee in Tinton Falls, New Jersey

    Their matching amount is not competitive. They offer a 50% up to 4% of your salary (for a maximum of 2% of your salary). Even start ups offer better 401K matching programs than this.

  • Apr 26, 2016
    StarStarStarStarStar Current Employee in Rochester, New York State

    Difficult to manage your funds as you see fit, not much instruction or ease to figure out how to even begin to manage it yourself

  • Jan 13, 2016
    StarStarStarStarStar Former Vice President in Gaithersburg, Maryland

    Disappointing match. 25% per $1 up to 4% max.


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