401(k) · DOL Form 5500 · 2024

Herc Rentals, Inc. 401(k) Plan

Data updated 2026-08-11

$487M
Total assets
6,064
Participants
97th
Percentile by assets
$80,387
Avg per participant
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Official DOL plan name: Herc Rentals Income Savings Plan · Sponsored by Herc Rentals, Inc. · Florida · Real Estate

$487M in assets, 6,064 participants

Herc Rentals, Inc.'s Herc Rentals Income Savings Plan reported $487M in total assets and 6,064 participants in its 2024 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 123,622 plans)
  • #4,579 in Real Estate (4,605 peers)

Coverage in Florida

Herc Rentals Income Savings Plan covers 6,064 participants in Florida, 9.7x the typical Florida plan (state average ~628 per filing). Assets: $487M.

$487M
total plan assets (2024 EOY)
6,064
covered participants
97th
percentile by assets (of 123,622 plans)
$80,387
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Herc Rentals Income Savings Plan end-of-year assets rose from $400M in the plan year 2023 filing to $487M in the plan year 2024 filing.
  • Herc Rentals Income Savings Plan reported participants rose from 5,365 in the plan year 2023 filing to 6,064 in the plan year 2024 filing.
  • Herc Rentals Income Savings Plan reported net income fell from $92M in the plan year 2023 filing to $86M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Herc Rentals Income Savings Plan reports 6,064 participants - 9.7x that state average ($487M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$400M
Net Assets (End of Year)$487M
Net Income$86M
Employer EIN136174127
Plan Effective Date2016-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Herc Rentals, Inc.)

$400M$500M$600M$700M 202220232024 $425M $606M ▲ +42.5%
Total plan assets by year, all Herc Rentals, Inc. plans on file
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

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 …L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Publix Super Markets…Nextera Energy, Inc.…
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 $487M in end-of-year assets across 6,064 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $80,387 per participant (58% of the national average assets-per-participant) . Net income for plan year 2024 was $86M.

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 Open filing
2024 · index core 6,064 $487M This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

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.

Frequently Asked Questions

How did Herc Rentals Income Savings Plan assets move in 2024?
Herc Rentals Income Savings Plan grew sharply - up 21.8% during 2024, from $400M to $487M. Reported net income was $86M.
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 123,622 plans that reported assets for plan year 2024 (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 The Cooper Companies, Inc. 401(k) Savings Plan in CA ($488M, 3,977 participants).

Next read for Herc Rentals Income Savings Plan

Filing takeaways

Ways to act on Herc Rentals Income Savings Plan's numbers.