401k Record

Employers › Hertz Equipment Rental

Hertz Equipment Rental 401(k)

Recordkeeping fees per participant · Herc Rentals Income Savings Plan · plan year 2024

$11.51

Higher than 10% of the 1,697 plans $250M to 1B that report it.

Source

= $91,164 / 7,921
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014101042NAL0001206643001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014101042NAL0001206643001, received 2025-10-14

10th: $11.56median $49.9890th: $89.63

Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-14.

Cost and contributions

Administrative expenses excluding investment management, per participant

$11.55

10th: $18.52median $67.2190th: $147.71

Higher than 6% of the 2,324 plans $250M to 1B that report it.

Source

= $91,464 / 7,921
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014101042NAL0001206643001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014101042NAL0001206643001, received 2025-10-14

Administrative expenses per participant

$11.55

10th: $27.95median $88.2590th: $203.68

Higher than 4% of the 2,405 plans $250M to 1B that report it.

Source

= $91,464 / 7,921
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014101042NAL0001206643001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014101042NAL0001206643001, received 2025-10-14

Administrative expenses as a share of assets

0.019%

10th: 0.018%median 0.073%90th: 0.183%

Higher than 11% of the 2,407 plans $250M to 1B that report it.

Source

= $91,464 / $487,464,629
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014101042NAL0001206643001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014101042NAL0001206643001, received 2025-10-14

Employer contributions per participant

$2,616

10th: $1,169median $3,07390th: $8,346

Higher than 40% of the 2,457 plans $250M to 1B that report it.

Source

= $20,721,132 / 7,921
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014101042NAL0001206643001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014101042NAL0001206643001, received 2025-10-14

Employer share of total contributions

35.7%

10th: 17.5%median 31.1%90th: 48.7%

Higher than 65% of the 2,459 plans $250M to 1B that report it.

Source

= $20,721,132 / $58,041,794
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014101042NAL0001206643001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014101042NAL0001206643001, received 2025-10-14

Plan terms, as stated in Hertz Equipment Rental CORP's SEC filings

Plan terms are not published in public filings.

Plan features

2A age/service-weighted · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014101042NAL0001206643001, received 2025-10-14

Full record, Herc Rentals Income Savings Plan

FieldValueSource
Plan sponsorHERC RENTALS, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014101042NAL0001206643001, received 2025-10-14
Plan nameHERC RENTALS INCOME SAVINGS PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251014101042NAL0001206643001, received 2025-10-14
Sponsor EIN / plan number13-6174127 / 003Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014101042NAL0001206643001, received 2025-10-14
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014101042NAL0001206643001, received 2025-10-14
Sponsor locationBONITA SPRINGS, FLForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014101042NAL0001206643001, received 2025-10-14
Industry (business code)532400, Real estate and rental and leasingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014101042NAL0001206643001, received 2025-10-14
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014101042NAL0001206643001, received 2025-10-14
Filing received2025-10-14Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014101042NAL0001206643001, received 2025-10-14
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014101042NAL0001206643001, received 2025-10-14
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251014101042NAL0001206643001, received 2025-10-14
Participants, beginning of year7,487Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014101042NAL0001206643001, received 2025-10-14
Active participants6,456Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014101042NAL0001206643001, received 2025-10-14
Participants, end of year8,117Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014101042NAL0001206643001, received 2025-10-14
Participants with an account balance7,921Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014101042NAL0001206643001, received 2025-10-14
Total assets, beginning of year$400,137,452Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014101042NAL0001206643001, received 2025-10-14
Total assets, end of year$487,464,629Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014101042NAL0001206643001, received 2025-10-14
Net assets, end of year$487,464,629Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014101042NAL0001206643001, received 2025-10-14
Total income$120,232,129Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014101042NAL0001206643001, received 2025-10-14
Net income$85,656,293Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014101042NAL0001206643001, received 2025-10-14
Employer contributions$20,721,132Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014101042NAL0001206643001, received 2025-10-14
Participant contributions$34,359,753Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014101042NAL0001206643001, received 2025-10-14
Other contributions (incl. rollovers)$2,960,909Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014101042NAL0001206643001, received 2025-10-14
Total contributions$58,041,794Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014101042NAL0001206643001, received 2025-10-14
Benefit payments$34,339,379Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014101042NAL0001206643001, received 2025-10-14
Total expenses (incl. benefit payments)$34,575,836Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014101042NAL0001206643001, received 2025-10-14
Total administrative expenses$91,464Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014101042NAL0001206643001, received 2025-10-14
Contract administrator fees$0Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251014101042NAL0001206643001, received 2025-10-14
Recordkeeping fees$91,164Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014101042NAL0001206643001, received 2025-10-14
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251014101042NAL0001206643001, received 2025-10-14
Investment advisory and management fees$0Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014101042NAL0001206643001, received 2025-10-14
Administrative expenses excluding investment management$91,464derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014101042NAL0001206643001, received 2025-10-14
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251014101042NAL0001206643001, received 2025-10-14
Held in common/collective trusts$428,267,104Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014101042NAL0001206643001, received 2025-10-14
Held in mutual funds$24,835,805Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014101042NAL0001206643001, received 2025-10-14
Independent auditorCLIFTON LARSON ALLENSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014101042NAL0001206643001, received 2025-10-14

Position = column in the DOL layout for form year 2024. Filing 20251014101042NAL0001206643001, received 2025-10-14.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
EMPOWER ANNUITY INSURANCE COMPANY OrecordkeeperNONE 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees $128,310yes
QDRO CONSULTANTSNONE 99 Other fees; 16 Consulting (general); 50 Direct payment from the plan $300no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251014101042NAL0001206643001, received 2025-10-14.

What changed since the 2023 plan year

Figure20232024Change
Total assets$400,137,452$487,464,62921.8%
Participants with a balance7,1407,92110.9%
Administrative expenses$77,924$91,46417.4%
Recordkeeping fees per participant$10.87$11.515.9%
Employer contributions$18,162,216$20,721,13214.1%

Prior filing 20241014104202NAL0025948305001, received 2024-10-14; the plan years are contiguous.

Alerts, claims and corrections

Alert me when this filing changes

One email when a new Form 5500 for Herc Rentals Income Savings Plan appears in the Department of Labor data. Confirmation link first; unsubscribe link in every email.

Claim this plan

For the sponsor or its plan administrator: request to verify or annotate this page. A work email address at the sponsor speeds up verification.

Report a correction

Every figure is reproduced from the filing with its source. Tell us which figure and what the filing says instead.

Sponsor name as filed: HERC RENTALS, INC.; SEC registrant: Hertz Equipment Rental CORP (CIK 1376051, matched by EIN).