Defined Benefit (Pension) · DOL Form 5500 · 2023

The Hertz Corporation Pension Plan

Data updated 2026-08-25

$342M
Total assets Above avg plan size
3,201
Participants Above avg headcount
96th
Percentile by assets National rank
$106,829
Avg per participant Below avg balance/head
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Official DOL plan name: The Hertz Corporation Account Balance Defined Benefit Pension Plan · Sponsored by The Hertz Corporation · Florida · Real Estate

$342M in assets, 3,201 participants

The Hertz Corporation's The Hertz Corporation Account Balance Defined Benefit Pension Plan reported $342M in total assets and 3,201 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #4,696 in Real Estate (4,727 peers)

Coverage in Florida

The Hertz Corporation Account Balance Defined Benefit Pension Plan covers 3,201 participants in Florida, 5.1x the typical Florida plan (state average ~628 per filing). Assets: $342M.

#4,696
in Real Estate (4,727 peers)
+1.3%
assets growth YoY
3.4×
vs typical plan assets (national mean)

The Hertz Corporation Account Balance Defined Benefit Pension Plan's outsized position by total assets

The Hertz Corporation Account Balance Defined Benefit Pension Plan vs every filed plan by assets

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

$341,960,759 Top 4% higher than 96% 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

The Hertz Corporation Account Balance Defined Benefit Pension 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. The Hertz Corporation Account Balance Defined Benefit Pension Plan lands in the large band (3,201 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Hertz Corporation Account Balance Defined Benefit Pension Plan reported net income rose from -$130M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • The Hertz Corporation Account Balance Defined Benefit Pension Plan reported participants fell from 3,535 in the plan year 2022 filing to 3,201 in the plan year 2023 filing.
  • The Hertz Corporation Account Balance Defined Benefit Pension Plan end-of-year assets rose from $337M in the plan year 2022 filing to $342M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 131938568 · The Hertz Corporation PY 2023 · Defined Benefit (Pension)

The Hertz Corporation Account Balance Defined Benefit Pension Plan · $342M · 3,201 · 96th

  • PHOTO $342M
  • PHOTO 3,201
  • PHOTO 96th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund
  • PHOTO ind #4696

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 →

The Hertz Corporation Account Balance Defined Benefit Pension Plan in the asset neighbourhood

International Association of Sheet Metal, Air, Rail and Transportation Workers (Smart) Local Union No. 36 Pension FundInternational Association of…$343MDefined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust FundDefined Benefit Pension Plan…$342MThe Hertz Corporation Account Balance Defined Benefit Pension PlanThe Hertz Corporation Accoun…$342MValeo, Inc. Pension Plan$341MKirby Pension Plan$341M
End-of-year total assets ($M) among The Hertz Corporation Account Balance Defined Benefit Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$337M
Net Assets (End of Year)$342M
Net Income$5M
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 Defined Benefit (Pension) Plans in Florida

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Hertz Corporation Account Balance Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants Scatter plot of 6 data points. 050001000015000 -20246810 Total assets ($B) Participants The Hertz Corporation Account Balance Defined Benefit Pension Plan, Total assets ($B): 0.341960759 · Participants: 3201The Hertz Corporation Account Balance Defined Benefit Pension PlanL3harris Technologies Consolidated Pension Plan, Total assets ($B): 7.749240033 · Participants: 4676L3harris Technologies Consolidated Pension PlanNextera Energy, Inc. Employee Pension Plan, Total assets ($B): 5.124263985 · Participants: 13121Nextera Energy, Inc. Employee Pension PlanCsx Pension Plan, Total assets ($B): 2.367781795 · Participants: 2446Csx Pension PlanRetirement Accumulation Plan for Partners of Pwc, Total assets ($B): 2.24071421 · Participants: 3967Retirement Accumulation Plan for Partners of PwcRetirement Benefit Accumulation Plan for Employees of Pwc, Total assets ($B): 1.916753026 · Participants: 5514Retirement Benefit Accumulation Plan for Employees of Pwc
The Hertz Corporation Account Balance Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants
Compare The Hertz Corporation Account Balance Defined Benefit Pension Plan side-by-side with 3 peers →

The Hertz Corporation Account Balance Defined Benefit Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Florida, the nearest Defined Benefit (Pension) by assets is Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund in WA ($342M); by covered participants it is Xerox Corporation Retirement Income Guarantee Plan in CT (3,196 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,201 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 The Hertz Corporation Account Balance Defined Benefit Pension Plan assets move in 2023? ▼
The Hertz Corporation Account Balance Defined Benefit Pension Plan edged up modestly - up 1.3% during 2023, from $337M to $342M. Reported net income was $5M.
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 The Hertz Corporation Account Balance Defined Benefit Pension Plan rank by assets among Form 5500 filers? ▼
The Hertz Corporation Account Balance Defined Benefit Pension Plan ranks in the 96th 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 Defined Benefit (Pension) plans are similar in size to The Hertz Corporation Account Balance Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund in WA ($342M, 2,236 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Hertz Corporation Account Balance Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Xerox Corporation Retirement Income Guarantee Plan in CT (3,196 participants, $1.5B in assets).

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) - original filing retrieval by EIN 131938568.

Read our methodology - how this data is sourced, computed, and verified.

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