Defined Benefit (Pension) · DOL Form 5500 · 2024

The Hertz Corporation Pension Plan

Data updated 2026-08-11

$325M
Total assets: 2,918
Participants: 96th
Percentile by assets: $111,342
Avg per participant

Official DOL plan name: The Hertz Corporation Account Balance Defined Benefit Pension Plan · Sponsored by The Hertz Corporation · Florida · Real Estate

$325M in assets, 2,918 participants

The Hertz Corporation's The Hertz Corporation Account Balance Defined Benefit Pension Plan reported $325M in total assets and 2,918 participants in its 2024 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.

96th percentile by assets (of 123,622 plans)
#4,564 in Real Estate (4,605 peers)

Coverage in Florida

The Hertz Corporation Account Balance Defined Benefit Pension Plan covers 2,918 participants in Florida, 4.6x the typical Florida plan (state average ~628 per filing). Assets: $325M.

$325M
total plan assets (2024 EOY): 2,918
covered participants: 96th
percentile by assets (of 123,622 plans): $111,342
avg assets per participant

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Hertz Corporation Account Balance Defined Benefit Pension Plan reported net income fell from $5M in the plan year 2023 filing to -$17M in the plan year 2024 filing.
The Hertz Corporation Account Balance Defined Benefit Pension Plan reported participants fell from 3,201 in the plan year 2023 filing to 2,918 in the plan year 2024 filing.
The Hertz Corporation Account Balance Defined Benefit Pension Plan end-of-year assets fell from $342M in the plan year 2023 filing to $325M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Florida

Industry

Real Estate

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. The Hertz Corporation Account Balance Defined Benefit Pension Plan reports 2,918 participants - 4.6x that state average ($325M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)	$342M
Net Assets (End of Year)	$325M
Net Income	-$17M
Employer EIN	131938568
Plan Effective Date	1985-08-30
Filing Status	FILING RECEIVED

Sponsor Plan History (The Hertz Corporation)

Total plan assets by year, all The Hertz Corporation plans on file

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

L3harris Technologies Consolidated Pension Plan $7.6B · 4,996
Nextera Energy, Inc. Employee Pension Plan $5.3B · 14,419
Retirement Accumulation Plan for Partners of Pwc $2.7B · 3,950
Csx Pension Plan $2.3B · 2,293
Retirement Benefit Accumulation Plan for Employees of Pwc $1.9B · 5,001

Compare The Hertz Corporation Account Balance De… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The Hertz Corporation Account Balance Defined Benefit Pension Plan by total assets, not by location.

I. B. E. W. Local 25 Pension Fund (NY) $324M · 1,677
Fresenius Medical Care North America Retirement Plan (MA) $327M · 4,023
Wisconsin Masons Pension Fund (WI) $327M · 1,051
Vencore, Inc. Pension Plan (VA) $322M · 370

Frequently Asked Questions

How did The Hertz Corporation Account Balance Defined Benefit Pension Plan assets move in 2024? ▼

The Hertz Corporation Account Balance Defined Benefit Pension Plan edged down modestly - down 5.0% during 2024, from $342M to $325M. Reported net income was -$17M.

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 123,622 plans that reported assets for plan year 2024 (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 I. B. E. W. Local 25 Pension Fund in NY ($324M, 1,677 participants).

Next read for The Hertz Corporation Account Balance De…

Filing takeaways

Ways to act on The Hertz Corporation Account Balance Defined Benefit Pension Plan's numbers.

By total assets, The Hertz Corporation Account Balance Defined Benefit Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Florida. Compare plans
The Hertz Corporation's sponsor-wide assets have grown 16.9% since 2022 across 3 plan years on file. More Real Estate plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 131938568.