401(k) · DOL Form 5500 · 2023
Herc Rentals, Inc. 401(k) Plan
Data updated 2026-08-11
- $400M
- Total assets
- 5,365
- Participants
- 97th
- Percentile by assets
- $74,583
- Avg per participant
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.
- 97th percentile by assets (of 127,072 plans)
- #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.
- $400M
- total plan assets (2023 EOY)
- 5,365
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $74,583
- avg assets per participant
Where Herc Rentals Income Savings Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
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.
Participants vs Florida filers
In Florida, the average filing covers about 628 participants across 6,617 plans. Herc Rentals Income Savings Plan reports 5,365 participants - 8.5x that state average ($400M EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $308M |
|---|---|
| Net Assets (End of Year) | $400M |
| Net Income | $92M |
| Employer EIN | 136174127 |
| Plan Effective Date | 2016-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Herc Rentals, Inc.)
| 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
- L3harris Retirement Savings Plan $15.4B · 40,665
- Savings Plan for Employees and Partners of Pwc $11.3B · 50,817
- Adp Totalsource Retirement Savings Plan $8.0B · 308,867
- Trinet 401(k) Plan $7.0B · 157,945
- Publix Super Markets, Inc. 401(k) Smart Plan $6.6B · 184,674
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 (401(k), $487M, 6,064 participants)
- Herc Rentals Pension Plan (Defined Benefit (Pension), $118M, 1,054 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.
- Coty Retirement Savings Plan (NY) $400M · 1,943
- Heico Holding, Inc. 401(k) Plan (IL) $400M · 5,967
- Steptoe & Johnson LLP 401(k) Profit Sharing Plan (DC) $400M · 677
- Communications Workers of America Savings and Retirement Trust (DC) $401M · 9,925
Frequently Asked Questions
How did Herc Rentals Income Savings Plan assets move in 2023? ▼
How have Herc Rentals, Inc. plan assets changed over time? ▼
Where does Herc Rentals Income Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Herc Rentals Income Savings Plan? ▼
Next read for Herc Rentals Income Savings Plan
Filing takeaways
Ways to act on Herc Rentals Income Savings Plan's numbers.
- By total assets, Herc Rentals Income Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Florida. Compare plans
- Herc Rentals, Inc.'s sponsor-wide assets have grown 42.5% since 2022 across 3 plan years on file. More Real Estate plans