401(k) · DOL Form 5500 · 2022

Herc Rentals, Inc. 401(k) Plan

Data updated 2026-08-11

$308M
Total assets
4,504
Participants
97th
Percentile by assets
$68,447
Avg per participant
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Official DOL plan name: Herc Rentals Income Savings Plan · Sponsored by Herc Rentals, Inc. · Florida · Real Estate

$308M in assets, 4,504 participants

Herc Rentals, Inc.'s Herc Rentals Income Savings Plan reported $308M in total assets and 4,504 participants in its 2022 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 97th percentile by assets (of 139,126 plans)
  • #5,030 in Real Estate (5,057 peers)

Coverage in Florida

Herc Rentals Income Savings Plan covers 4,504 participants in Florida, 7.2x the typical Florida plan (state average ~628 per filing). Assets: $308M.

$308M
total plan assets (2022 EOY)
4,504
covered participants
97th
percentile by assets (of 139,126 plans)
$68,447
avg assets per participant

The plan reported a net loss of $30M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Herc Rentals Income Savings Plan reports 4,504 participants - 7.2x that state average ($308M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$338M
Net Assets (End of Year)$308M
Net Income-$30M
Employer EIN136174127
Plan Effective Date2016-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Herc Rentals, Inc.)

$400M$500M$600M$700M 202220232024 $425M $606M ▲ +42.5%
Total plan assets by year, all Herc Rentals, Inc. plans on file
Year Plans Participants Total Assets
2022 2 5,707 $425M
2023 2 6,484 $521M
2024 2 7,118 $606M

Nearby 401(k) Plans in Florida

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Herc Rentals Income Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Herc Rentals Income Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Herc Rentals Income …L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Publix Super Markets…Nextera Energy, Inc.…
Herc Rentals Income Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Herc Rentals Income Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Herc Rentals Income Savings Plan assets move in 2022?
Herc Rentals Income Savings Plan pulled back noticeably - down 8.8% during 2022, from $338M to $308M. Reported net income was -$30M.
How have Herc Rentals, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Herc Rentals, Inc.'s sponsor-wide assets grew 42.5%, from $425M to $606M.
Where does Herc Rentals Income Savings Plan rank by assets among Form 5500 filers?
Herc Rentals Income Savings Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Herc Rentals Income Savings Plan?
Among 401(k) plans in other states, the closest by assets is Rheem Defined Contribution Plan in GA ($308M, 2,680 participants).

Next read for Herc Rentals Income Savings Plan

Filing takeaways

Ways to act on Herc Rentals Income Savings Plan's numbers.