Defined Benefit (Pension) · DOL Form 5500 · 2024

The Hertz Corporation Pension Plan

Data updated 2026-08-25

$325M
Total assets Above avg plan size
2,918
Participants Above avg headcount
96th
Percentile by assets National rank
$111,342
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

$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.

  • #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.

#4,564
in Real Estate (4,605 peers)
-5.0%
assets change YoY
3.3×
vs typical plan assets (national mean)

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'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 2024 · DOL Form 5500

$324,897,359 Top 4% higher than 96% 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

The Hertz Corporation Account Balance Defined Benefit Pension Plan's large-plan peer group by participant headcount

Plan-year 2024 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 (2,918 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Form 5500 schedule snapshot

Filing strip 131938568 · The Hertz Corporation PY 2024 · Defined Benefit (Pension)

The Hertz Corporation Account Balance Defined Benefit Pension Plan · $325M · 2,918 · 96th

  • TYPE $325M
  • NET 2,918
  • BOOK 96th
  • VS-ST Defined Benefit (Pension)
  • BOY near I. B. E. W. Local 25 Pension Fund
  • SCH ind #4564

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

Wisconsin Masons Pension Fund$327MFresenius Medical Care North America Retirement PlanFresenius Medical Care North…$327MThe Hertz Corporation Account Balance Defined Benefit Pension PlanThe Hertz Corporation Accoun…$325MI. B. E. W. Local 25 Pension FundI. B. E. W. Local 25 Pension…$324MVencore, Inc. Pension Plan$322M
End-of-year total assets ($M) among The Hertz Corporation Account Balance Defined Benefit Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$342M
Net Assets (End of Year)$325M
Net Income-$17M
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. 05000100001500020000 -202468 Total assets ($B) Participants The Hertz Corporation Account Balance Defined Benefit Pension Plan, Total assets ($B): 0.324897359 · Participants: 2918The Hertz Corporation Account Balance Defined Benefit Pension PlanL3harris Technologies Consolidated Pension Plan, Total assets ($B): 7.598643443 · Participants: 4996L3harris Technologies Consolidated Pension PlanNextera Energy, Inc. Employee Pension Plan, Total assets ($B): 5.345055504 · Participants: 14419Nextera Energy, Inc. Employee Pension PlanRetirement Accumulation Plan for Partners of Pwc, Total assets ($B): 2.667043153 · Participants: 3950Retirement Accumulation Plan for Partners of PwcCsx Pension Plan, Total assets ($B): 2.291461429 · Participants: 2293Csx Pension PlanRetirement Benefit Accumulation Plan for Employees of Pwc, Total assets ($B): 1.933306082 · Participants: 5001Retirement 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

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 I. B. E. W. Local 25 Pension Fund in NY ($324M); by covered participants it is International Union of Operating Engineers Pension Fund of Eastern Pennsylvania and Delaware in PA (2,918 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($325M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,918 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 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).
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 International Union of Operating Engineers Pension Fund of Eastern Pennsylvania and Delaware in PA (2,918 participants, $1.1B in assets).