401(k) · DOL Form 5500 · 2023

Herc Rentals, Inc. 401(k) Plan

Data updated 2026-08-25

$400M
Total assets Above avg plan size
5,365
Participants Above avg headcount
97th
Percentile by assets National rank
$74,583
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Herc Rentals Income Savings Plan · Sponsored by Herc Rentals, Inc. · Florida · Real Estate

$400M in assets, 5,365 participants

Herc Rentals, Inc.'s Herc Rentals Income Savings Plan reported $400M in total assets and 5,365 participants in its 2023 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.

  • #4,702 in Real Estate (4,727 peers)

Coverage in Florida

Herc Rentals Income Savings Plan covers 5,365 participants in Florida, 8.5x the typical Florida plan (state average ~628 per filing). Assets: $400M.

#4,702
in Real Estate (4,727 peers)
+29.8%
assets growth YoY
4.0×
vs typical plan assets (national mean)

Herc Rentals Income Savings Plan's outsized position by total assets

Herc Rentals Income Savings Plan vs every filed plan by assets

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

$400,137,452 Top 3% higher than 97% 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

Herc Rentals Income Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Herc Rentals Income Savings Plan lands in the large band (5,365 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Herc Rentals Income Savings Plan reported net income rose from -$30M in the plan year 2022 filing to $92M in the plan year 2023 filing.
  • Herc Rentals Income Savings Plan end-of-year assets rose from $308M in the plan year 2022 filing to $400M in the plan year 2023 filing.
  • Herc Rentals Income Savings Plan reported participants rose from 4,504 in the plan year 2022 filing to 5,365 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 136174127 · Herc Rentals, Inc. PY 2023 · 401(k)

Herc Rentals Income Savings Plan · $400M · 5,365 · 97th

  • BOOK $400M
  • VS-ST 5,365
  • BOY 97th
  • SCH 401(k)
  • EBSA near Coty Retirement Savings Plan
  • PART ind #4702

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 →

Herc Rentals Income Savings Plan in the asset neighbourhood

Communications Workers of America Savings and Retirement TrustCommunications Workers of Am…$401MHeico Holding, Inc. 401(k) PlanHeico Holding, Inc. 401(k) P…$400MCoty Retirement Savings Plan$400MHerc Rentals Income Savings PlanHerc Rentals Income Savings …$400MSteptoe & Johnson LLP 401(k) Profit Sharing PlanSteptoe & Johnson LLP 401(k)…$400M
End-of-year total assets ($M) among Herc Rentals Income Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$308M
Net Assets (End of Year)$400M
Net Income$92M
Employer EIN136174127
Plan Effective Date2016-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Herc Rentals, Inc.)

Sponsor-wide plan assets over time

All Herc Rentals, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$606M 42.52727349429622% vs 2022
2024 filing year
$400M$500M$600M$700M 202220232024 $425M $606M ▲ +42.5%
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 Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Herc Rentals Income Savings Plan, Total assets ($B): 0.400137452 · Participants: 5365Herc Rentals 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
Herc Rentals Income Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Scale composition for Herc Rentals Income Savings Plan

Herc Rentals Income Savings Plan reports $400M in end-of-year assets across 5,365 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $74,583 per participant (54% of the national average assets-per-participant) . Net income for plan year 2023 was $92M.

This plan identity (EIN 136174127, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $308M to $487M (+58.1%) while covered participants moved from 4,504 to 6,064 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,504 $308M Open filing
2023 5,365 $400M This page
2024 · index core 6,064 $487M Open filing

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

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

Outside Florida, the nearest 401(k) by assets is Coty Retirement Savings Plan in NY ($400M); by covered participants it is Management & Training Corporation Retirement Plan in UT (5,366 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($400M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,365 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 Herc Rentals Income Savings Plan assets move in 2023? ▼
Herc Rentals Income Savings Plan grew sharply - up 29.8% during 2023, from $308M to $400M. Reported net income was $92M.
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 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 Herc Rentals Income Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Coty Retirement Savings Plan in NY ($400M, 1,943 participants).
Which 401(k) plans cover a similar participant headcount to Herc Rentals Income Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Management & Training Corporation Retirement Plan in UT (5,366 participants, $178M in assets).