OpenText Employee Benefit: 401K Plan | Glassdoor

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OpenText 401K Plan

Updated Nov 23, 2015

53 employees reported this benefit

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

Employee Comments

Showing 1–10 of 10
  • 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.

  • Oct 15, 2015
    StarStarStarStarStar Former Employee in Brooklyn, New York State

    Claim that a full match is given on first 4% of contributions - they actually contribute 25% of the first 4%.

  • Oct 24, 2014
    StarStarStarStarStar Current Employee in Chicago, Illinois

    Administered by Fidelity with reasonable choices but match is stingy at 1%.

  • Sep 11, 2014
    StarStarStarStarStar Former Technical Support Engineer in Tucson, Arizona

    i've seen a better rate of return with other companies . for example Boeing comes to mind

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