401(k) · DOL Form 5500 · 2024

Herc-U-Lift, Inc. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
216
Participants Below avg headcount
72nd
Percentile by assets National rank
$100,642
Avg per participant Below avg balance/head
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Official DOL plan name: Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan · Sponsored by Herc-U-Lift, Inc. · Minnesota · Wholesale Trade

$22M in assets, 216 participants

Herc-U-Lift, Inc.'s Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan reported $22M in total assets and 216 participants in its 2024 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.

  • #4,153 in Wholesale Trade (6,080 peers)

Coverage in Minnesota

Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan covers 216 participants in Minnesota, about 19% of the average Minnesota filer (state average ~1,126 per filing). Assets: $22M.

#4,153
in Wholesale Trade (6,080 peers)
+9.0%
assets growth YoY

Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan's outsized position by total assets

Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$21,738,725 Top 28% higher than 72% of 123,620 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 2024

Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan sits mid-pack in the medium band (216 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan reported participants rose from 175 in the plan year 2023 filing to 216 in the plan year 2024 filing.
  • Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan end-of-year assets rose from $20M in the plan year 2023 filing to $22M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 410968548 · Herc-U-Lift, Inc. PY 2024 · 401(k)

Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan · $22M · 216 · 72nd

  • 5500 $22M
  • 5500 216
  • 5500 72nd
  • 5500 401(k)
  • 5500 near Stanilla Siegel and Maser LLC
  • 5500 ind #4153

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan in the asset neighbourhood

Herc-U-Lift, Inc. Profit Sharing Savings for Retirement PlanHerc-U-Lift, Inc. Profit Sha…$22MStanilla Siegel and Maser LLC$22MSan Francisco Opera 403(b) PlanSan Francisco Opera 403(b) P…$22MKobie Marketing, Inc. 401(k) PlanKobie Marketing, Inc. 401(k)…$22MGreater Boston Urology, LLC 401(k) Profit Sharing PlanGreater Boston Urology, LLC …$22M
End-of-year total assets ($M) among Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$22M
Net Income$2M
Employer EIN410968548
Plan Effective Date1988-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Herc-U-Lift, Inc.)

Sponsor-wide plan assets over time

All Herc-U-Lift, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 23.27801168011415% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $17.6M $21.7M ▲ +23.3%
Year Plans Participants Total Assets
2022 1 180 $18M
2023 1 175 $20M
2024 1 216 $22M

Nearby 401(k) Plans in Minnesota

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

Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan, Total assets ($B): 0.021738725 · Participants: 216Herc-U-Lift, Inc. Profit Sharing Savings for Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Stanilla Siegel and Maser LLC in PA ($22M); by covered participants it is Garden of Life 401(k) Plan in FL (216 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($22M here).

Similar participant headcount

Nearest other-state filings by covered participants (216 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan assets move in 2024?
Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan grew at a solid clip - up 9.0% during 2024, from $20M to $22M. Reported net income was $2M.
How have Herc-U-Lift, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Herc-U-Lift, Inc.'s sponsor-wide assets grew 23.3%, from $18M to $22M.
Which 401(k) plans are similar in size to Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Stanilla Siegel and Maser LLC in PA ($22M, 14 participants).
Which 401(k) plans cover a similar participant headcount to Herc-U-Lift, Inc. Profit Sharing Savings for Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Garden of Life 401(k) Plan in FL (216 participants, N/A in assets).