401(k) · DOL Form 5500 · 2023

The Hertz Corporation 401(k) Plan

Data updated 2026-08-25

$575M
Total assets Above avg plan size
11,631
Participants Very large workforce
98th
Percentile by assets National rank
$49,449
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hertz Corporation Income Savings Plan · Sponsored by The Hertz Corporation · Florida · Real Estate

$575M in assets, 11,631 participants

The Hertz Corporation's Hertz Corporation Income Savings Plan reported $575M in total assets and 11,631 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #4,709 in Real Estate (4,727 peers)

Coverage in Florida

Hertz Corporation Income Savings Plan covers 11,631 participants in Florida, 19x the typical Florida plan (state average ~628 per filing). Assets: $575M.

#4,709
in Real Estate (4,727 peers)
+18.4%
assets growth YoY
5.8×
vs typical plan assets (national mean)

Hertz Corporation Income Savings Plan's outsized position by total assets

Hertz Corporation Income Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$575,145,360 Top 2% higher than 98% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Hertz Corporation Income Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hertz Corporation Income Savings Plan is a mega filing (11,631 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hertz Corporation Income Savings Plan reported net income rose from -$98M in the plan year 2022 filing to $89M in the plan year 2023 filing.
  • Hertz Corporation Income Savings Plan end-of-year assets rose from $486M in the plan year 2022 filing to $575M in the plan year 2023 filing.
  • Hertz Corporation Income Savings Plan reported participants fell from 11,983 in the plan year 2022 filing to 11,631 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 131938568 · The Hertz Corporation PY 2023 · 401(k)

Hertz Corporation Income Savings Plan · $575M · 11,631 · 98th

  • BOY $575M
  • SCH 11,631
  • EBSA 98th
  • PART 401(k)
  • TYPE near Nvent Management Company Retirement Savings and Investment Plan
  • NET ind #4709

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Real Estate retirement plans → · Plans in Florida →

Hertz Corporation Income Savings Plan in the asset neighbourhood

Gray Television, Inc. Capital Accumulation PlanGray Television, Inc. Capita…$576MNvent Management Company Retirement Savings and Investment PlanNvent Management Company Ret…$575MHertz Corporation Income Savings PlanHertz Corporation Income Sav…$575MC&s and Affiliates 401(k) Savings Plan (a)C&s and Affiliates 401(k) Sa…$575MPhoenix Children's Hospital Section 401(k) Investment PlanPhoenix Children's Hospital …$574M
End-of-year total assets ($M) among Hertz Corporation Income Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$486M
Net Assets (End of Year)$575M
Net Income$89M
Employer EIN131938568
Plan Effective Date1985-08-30
Filing StatusFILING RECEIVED

Sponsor Plan History (The Hertz Corporation)

Sponsor-wide plan assets over time

All The Hertz Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$963M 16.931315067677723% vs 2022
2024 filing year
$800M$850M$900M$950M$1,000M 202220232024 $824M $963M ▲ +16.9%
Year Plans Participants Total Assets
2022 3 15,518 $824M
2023 3 14,832 $917M
2024 3 15,229 $963M

Nearby 401(k) Plans in Florida

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

Hertz Corporation Income Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Hertz Corporation Income Savings Plan, Total assets ($B): 0.57514536 · Participants: 11631Hertz Corporation Income Savings PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Hertz Corporation Income Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Scale composition for Hertz Corporation Income Savings Plan

Hertz Corporation Income Savings Plan reports $575M in end-of-year assets across 11,631 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $49,449 per participant (36% of the national average assets-per-participant) . Net income for plan year 2023 was $89M.

This plan identity (EIN 131938568, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $486M to $638M (+31.3%) while covered participants moved from 11,983 to 12,311 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,983 $486M Open filing
2023 11,631 $575M This page
2024 · index core 12,311 $638M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Hertz Corporation Income Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Nvent Management Company Retirement Savings and Investment Plan in MN ($575M); by covered participants it is Nationwide Children's Hospital, Inc. Defined Contribution Plan in OH (11,625 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (11,631 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hertz Corporation Income Savings Plan assets move in 2023? ▼
Hertz Corporation Income Savings Plan grew sharply - up 18.4% during 2023, from $486M to $575M. Reported net income was $89M.
How have The Hertz Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Hertz Corporation's sponsor-wide assets grew 16.9%, from $824M to $963M.
Where does Hertz Corporation Income Savings Plan rank by assets among Form 5500 filers? ▼
Hertz Corporation Income Savings Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Hertz Corporation Income Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nvent Management Company Retirement Savings and Investment Plan in MN ($575M, 3,291 participants).
Which 401(k) plans cover a similar participant headcount to Hertz Corporation Income Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nationwide Children's Hospital, Inc. Defined Contribution Plan in OH (11,625 participants, $893M in assets).