401k Plan data: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN plan

MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 401k Plan overview

Plan Name	MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN
Plan identification number	002

MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Puerto Rico Code.

401k Sponsoring company profile

OPEN TEXT, INC. has sponsored the creation of one or more 401k plans.

Company Name: OPEN TEXT, INC.

Employer identification number (EIN): 660870633

NAIC Classification: 511210
NAIC Description: Software Publishers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-01-01 ANDY JORDAN
002 2017-09-01 ANDY JORDAN

Plan Statistics for MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN

401k plan membership statisitcs for MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN

Measure Date Value
2022: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 19
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 9
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 8
Total of all active and inactive participants 2022-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 17
Number of participants with account balances 2022-01-01 16
2021: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 19
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 14
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 5
Total of all active and inactive participants 2021-01-01 19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 19
Number of participants with account balances 2021-01-01 18
2020: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 18
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 14
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 5
Total of all active and inactive participants 2020-01-01 19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 19
Number of participants with account balances 2020-01-01 18
2019: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 19
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 12
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 6
Total of all active and inactive participants 2019-01-01 18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 18
Number of participants with account balances 2019-01-01 18
2018: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 19
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 15
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 4
Total of all active and inactive participants 2018-01-01 19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 19
Number of participants with account balances 2018-01-01 18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 4
2017: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2017 401k membership
Total participants, beginning-of-year 2017-09-01 19
Total number of active participants reported on line 7a of the Form 5500 2017-09-01 19
Number of retired or separated participants receiving benefits 2017-09-01 0
Number of other retired or separated participants entitled to future benefits 2017-09-01 0
Total of all active and inactive participants 2017-09-01 19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-09-01 0
Total participants 2017-09-01 19
Number of participants with account balances 2017-09-01 0

Measure	Date	Value
2022: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	19
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	9
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	8
Total of all active and inactive participants	2022-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	17
Number of participants with account balances	2022-01-01	16
2021: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	19
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	14
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	5
Total of all active and inactive participants	2021-01-01	19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	19
Number of participants with account balances	2021-01-01	18
2020: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	18
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	14
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	5
Total of all active and inactive participants	2020-01-01	19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	19
Number of participants with account balances	2020-01-01	18
2019: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	19
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	12
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	6
Total of all active and inactive participants	2019-01-01	18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	18
Number of participants with account balances	2019-01-01	18
2018: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	19
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	15
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	4
Total of all active and inactive participants	2018-01-01	19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	19
Number of participants with account balances	2018-01-01	18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	4
2017: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2017 401k membership
Total participants, beginning-of-year	2017-09-01	19
Total number of active participants reported on line 7a of the Form 5500	2017-09-01	19
Number of retired or separated participants receiving benefits	2017-09-01	0
Number of other retired or separated participants entitled to future benefits	2017-09-01	0
Total of all active and inactive participants	2017-09-01	19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-09-01	0
Total participants	2017-09-01	19
Number of participants with account balances	2017-09-01	0

Financial Data on MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN

Measure	Date	Value
2022 : MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2022 401k financial data
Total income from all sources	2022-12-31	$-214,553
Expenses. Total of all expenses incurred	2022-12-31	$134,475
Benefits paid (including direct rollovers)	2022-12-31	$134,403
Total plan assets at end of year	2022-12-31	$876,292
Total plan assets at beginning of year	2022-12-31	$1,225,320
Value of fidelity bond covering the plan	2022-12-31	$100,000
Total contributions received or receivable from participants	2022-12-31	$48,250
Other income received	2022-12-31	$-283,874
Net income (gross income less expenses)	2022-12-31	$-349,028
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$876,292
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$1,225,320
Assets. Value of participant loans	2022-12-31	$14,012
Total contributions received or receivable from employer(s)	2022-12-31	$21,071
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$72
2021 : MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2021 401k financial data
Total income from all sources	2021-12-31	$236,863
Expenses. Total of all expenses incurred	2021-12-31	$30
Benefits paid (including direct rollovers)	2021-12-31	$0
Total plan assets at end of year	2021-12-31	$1,225,320
Total plan assets at beginning of year	2021-12-31	$988,487
Value of fidelity bond covering the plan	2021-12-31	$100,000
Total contributions received or receivable from participants	2021-12-31	$57,769
Expenses. Other expenses not covered elsewhere	2021-12-31	$0
Contributions received from other sources (not participants or employers)	2021-12-31	$0
Other income received	2021-12-31	$153,497
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$236,833
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$1,225,320
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$988,487
Assets. Value of participant loans	2021-12-31	$1,839
Total contributions received or receivable from employer(s)	2021-12-31	$25,597
Value of certain deemed distributions of participant loans	2021-12-31	$0
Value of corrective distributions	2021-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$30
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2020 : MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2020 401k financial data
Total income from all sources	2020-12-31	$261,938
Expenses. Total of all expenses incurred	2020-12-31	$65,045
Benefits paid (including direct rollovers)	2020-12-31	$65,000
Total plan assets at end of year	2020-12-31	$988,487
Total plan assets at beginning of year	2020-12-31	$791,594
Value of fidelity bond covering the plan	2020-12-31	$100,000
Total contributions received or receivable from participants	2020-12-31	$65,391
Other income received	2020-12-31	$166,509
Net income (gross income less expenses)	2020-12-31	$196,893
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$988,487
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$791,594
Assets. Value of participant loans	2020-12-31	$5,657
Total contributions received or receivable from employer(s)	2020-12-31	$30,038
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$45
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2019 : MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2019 401k financial data
Total income from all sources	2019-12-31	$241,001
Expenses. Total of all expenses incurred	2019-12-31	$2,138
Total plan assets at end of year	2019-12-31	$791,594
Total plan assets at beginning of year	2019-12-31	$552,731
Value of fidelity bond covering the plan	2019-12-31	$100,000
Total contributions received or receivable from participants	2019-12-31	$58,020
Contributions received from other sources (not participants or employers)	2019-12-31	$2,211
Other income received	2019-12-31	$150,527
Net income (gross income less expenses)	2019-12-31	$238,863
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$791,594
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$552,731
Assets. Value of participant loans	2019-12-31	$13,652
Total contributions received or receivable from employer(s)	2019-12-31	$30,243
Value of certain deemed distributions of participant loans	2019-12-31	$2,062
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$76
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
2018 : MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2018 401k financial data
Total income from all sources	2018-12-31	$51,707
Expenses. Total of all expenses incurred	2018-12-31	$2,325
Benefits paid (including direct rollovers)	2018-12-31	$2,256
Total plan assets at end of year	2018-12-31	$552,731
Total plan assets at beginning of year	2018-12-31	$503,349
Value of fidelity bond covering the plan	2018-12-31	$100,000
Total contributions received or receivable from participants	2018-12-31	$50,557
Other income received	2018-12-31	$-30,944
Net income (gross income less expenses)	2018-12-31	$49,382
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$552,731
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$503,349
Assets. Value of participant loans	2018-12-31	$24,219
Total contributions received or receivable from employer(s)	2018-12-31	$32,094
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$69
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2017 401k financial data
Transfers to/from the plan	2017-12-31	$445,804
Total plan liabilities at beginning of year	2017-12-31	$0
Total income from all sources	2017-12-31	$57,553
Expenses. Total of all expenses incurred	2017-12-31	$8
Total plan assets at end of year	2017-12-31	$503,349
Total plan assets at beginning of year	2017-12-31	$0
Value of fidelity bond covering the plan	2017-12-31	$100,000
Total contributions received or receivable from participants	2017-12-31	$17,435
Expenses. Other expenses not covered elsewhere	2017-12-31	$8
Other income received	2017-12-31	$28,687
Net income (gross income less expenses)	2017-12-31	$57,545
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$503,349
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$0
Assets. Value of participant loans	2017-12-31	$19,129
Total contributions received or receivable from employer(s)	2017-12-31	$11,431
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0

Form 5500 Responses for MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN

2022: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: MICRO FOCUS PUERTO RICO TAX SAVINGS CAPITAL ACCUMULATION PLAN 2017 form 5500 responses
2017-09-01	Type of plan entity	Single employer plan
2017-09-01	First time form 5500 has been submitted	Yes
2017-09-01	Submission has been amended	No
2017-09-01	This submission is the final filing	No
2017-09-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2017-09-01	Plan is a collectively bargained plan	No
2017-09-01	Plan funding arrangement – Trust	Yes
2017-09-01	Plan benefit arrangement - Trust	Yes

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Company Name:	OPEN TEXT, INC.
Employer identification number (EIN):	660870633
NAIC Classification:	511210
NAIC Description:	Software Publishers