Corel Inc. 401(k) Plan: Login, Facts & Contact Information

Corel Inc. 401(k) Plan Facts

Plan name
COREL INC. 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
COREL INC.
Participants
383 (129 active employees)
Former employees with a balance
241
Plan assets
$35,092,400 at Dec 31, 2024
Average account balance
$96,144 across 365 accounts
Employer contributions
$572,801 in plan year 2024 (19% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Mar 4, 1996
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 7, 2026. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.00 million went into the plan in contributions, $572,801 of it from the employer (19%).
  • $5.53 million was paid out to participants.
  • Investment and other income added $4.17 million.
  • Administrative expenses were $68,641, about $188 per account.

How the Corel Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019538$33.7 million$361,230$1.94 million
2020417$40.6 million$392,219$1.84 million
2021385$39.2 million$416,185$8.61 million
2022405$29.2 million$450,442$4.77 million
2023391$33.5 million$546,301$3.71 million
2024383$35.1 million$572,801$5.53 million

Corel Inc. 401(k) Contact Information

Phone
512-923-2924
Mailing address
9225 BEE CAVE RD BLDG A STE 300, AUSTIN TX 78733
Plan sponsor
COREL INC.
Employer identification number (EIN)
87-0557105
Plan number
001

Questions about the Corel Inc. 401(k)

Does Corel Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $572,801, 19% of all contributions.

Does the Corel Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Corel Inc 401(k) plan?

383 participants at the start of plan year 2024, 129 of them active employees, and 241 former employees who still had money in the plan.

What is the average 401(k) balance at Corel Inc?

About $96,144 per account: $35.1 million in plan assets across 365 accounts with a balance at the end of plan year 2024.

Who manages the Corel Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Corel Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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