401(k)
2023 plan-year 401(k) DOL Form 5500

Hertz Corporation Income Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by The Hertz Corporation ยท Florida ยท Real Estate

What the 2023 filing shows

Hertz Corporation Income Savings Plan holds $575M for 11,631 participants - about $49,449 per participant, up 18.4% over the 2023 plan year.

$575M
total plan assets (2023 EOY)
11,631
covered participants
$49,449
avg assets per participant
+18.4%
assets growth YoY
Total Assets (2023)
$575M
Participants
11,631
State
Industry
Real Estate

What the Filing Says About Hertz Corporation Income Savings Plan

Hertz Corporation Income Savings Plan is a 401(k) retirement plan sponsored by The Hertz Corporation, headquartered in Florida. As of the 2023 Form 5500 filing, the plan reports $575M in total end-of-year assets and covers 11,631 participants across the Real Estate industry. The sponsor's EIN on file with the U.S. Department of Labor is 131938568, and the plan has been effective since 1985-08-30. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $486M at the beginning of 2023 to $575M at year-end โ€” a gain of 18.4%. Net assets (after liabilities) closed the year at $575M, with reported net income of $89M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$486M
Total Assets (End of Year)$575M
Net Assets (End of Year)$575M
Net Income$89M
Plan Type401(k)
Employer EIN131938568
Plan Effective Date1985-08-30
Filing StatusFILING RECEIVED

Sponsor Plan History (The Hertz Corporation)

Year Plans Participants Total Assets
2022 3 15,518 $823M
2023 3 14,832 $917M
2024 3 15,229 $963M

Nearby 401(k) Plans in Florida

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

Frequently Asked Questions

How much money is in the Hertz Corporation Income Savings Plan?
As of the 2023 Form 5500 filing, Hertz Corporation Income Savings Plan holds $575M in total assets with 11,631 participants. It is sponsored by The Hertz Corporation.
What type of plan is Hertz Corporation Income Savings Plan?
Hertz Corporation Income Savings Plan is a 401(k) plan. It has been effective since 1985-08-30. The plan is filed with the U.S. Department of Labor under EIN 131938568.
Who sponsors the Hertz Corporation Income Savings Plan?
Hertz Corporation Income Savings Plan is sponsored by The Hertz Corporation, located in Florida. The sponsor's EIN is 131938568 and the plan operates in the Real Estate industry.
How did Hertz Corporation Income Savings Plan perform in 2023?
Hertz Corporation Income Savings Plan grew by 18.4% during 2023, moving from $486M to $575M in total assets. Net income was $89M.
Where can I find official filings for Hertz Corporation Income Savings Plan?
Official Form 5500 filings for Hertz Corporation Income Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 131938568 or plan name at efast.dol.gov.
How does Hertz Corporation Income Savings Plan compare to other plans?
You can compare Hertz Corporation Income Savings Plan against other 401(k) plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 131938568.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.