401(k) · DOL Form 5500 · 2023

Vehicle Leasing Holdings, LLC 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
300
Participants Below avg headcount
72nd
Percentile by assets National rank
$63,866
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hernco 401(k) Plan · Sponsored by Vehicle Leasing Holdings, LLC · Texas · Real Estate

$19M in assets, 300 participants

Vehicle Leasing Holdings, LLC's Hernco 401(k) Plan reported $19M in total assets and 300 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #4,075 in Real Estate (4,727 peers)

Coverage in Texas

Hernco 401(k) Plan covers 300 participants in Texas, about 44% of the average Texas filer (state average ~688 per filing). Assets: $19M.

#4,075
in Real Estate (4,727 peers)
+53.1%
assets growth YoY

Hernco 401(k) Plan's outsized position by total assets

Hernco 401(k) Plan vs every filed plan by assets

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

$19,159,813 Top 28% higher than 72% 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

Hernco 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hernco 401(k) Plan sits mid-pack in the medium band (300 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hernco 401(k) Plan reported net income rose from -$840K in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Hernco 401(k) Plan end-of-year assets rose from $13M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Hernco 401(k) Plan reported participants rose from 286 in the plan year 2022 filing to 300 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 863880143 · Vehicle Leasing Holdings, LLC PY 2023 · 401(k)

Hernco 401(k) Plan · $19M · 300 · 72nd

  • 5500 $19M
  • ASSETS 300
  • PCT 72nd
  • EIN 401(k)
  • RANK near Mvva, Inc. Profit Sharing & 401(k) Plan
  • PHOTO ind #4075

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 Texas →

Hernco 401(k) Plan in the asset neighbourhood

Hernco 401(k) Plan$19MMvva, Inc. Profit Sharing & 401(k) PlanMvva, Inc. Profit Sharing & …$19MApplied Products, Inc. 401(k) Salary Savings PlanApplied Products, Inc. 401(k…$19MNational Salvage & Service Corp. 401(k) Profit Sharing PlanNational Salvage & Service C…$19MMarsh Automotive Group 401(k) Plan & TrustMarsh Automotive Group 401(k…$19M
End-of-year total assets ($M) among Hernco 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$19M
Net Income$4M
Employer EIN863880143
Plan Effective Date2005-07-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Vehicle Leasing Holdings, LLC)

Sponsor-wide plan assets over time

All Vehicle Leasing Holdings, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$22M 79.82612526481074% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $12.5M $22.5M ▲ +79.9%
Year Plans Participants Total Assets
2022 1 286 $13M
2023 1 300 $19M
2024 1 368 $22M

Nearby 401(k) Plans in Texas

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

Hernco 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Hernco 401(k) Plan, Total assets ($B): 0.019159813 · Participants: 300Hernco 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Hernco 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Hernco 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Mvva, Inc. Profit Sharing & 401(k) Plan in MA ($19M); by covered participants it is Limco-Piedmont, Inc. 401(k) Retirement Plan in OK (300 participants). Same-state nearby plans are listed separately above.

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 Hernco 401(k) Plan assets move in 2023?
Hernco 401(k) Plan surged - up 53.1% during 2023, from $13M to $19M. Reported net income was $4M.
How have Vehicle Leasing Holdings, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Vehicle Leasing Holdings, LLC's sponsor-wide assets grew 79.8%, from $13M to $22M.
Which 401(k) plans are similar in size to Hernco 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Mvva, Inc. Profit Sharing & 401(k) Plan in MA ($19M, 101 participants).
Which 401(k) plans cover a similar participant headcount to Hernco 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Limco-Piedmont, Inc. 401(k) Retirement Plan in OK (300 participants, $11M in assets).