Plan Ledger DOL Form 5500 · updated monthly

The Hertz Corporation401(k)

HERTZ CORPORATION INCOME SAVINGS PLAN · ESTERO, FL · plan year 2024

Reported admin expense ratio · 2024
0.10%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

The Hertz Corporation reported $597,386 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $1,020 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.07% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 74th-largest of 3,644 plans among Florida employers on file, and the 17th of 2,096 in real estate & leasing. In 2024, employees put in $1.93 for every $1.00 the employer contributed; active participation has grown from 11,631 to 16,924 since 2022.

Plan summary
Net assets, end of year$637,780,331
Participants with balances10,334
Active participants16,924
Employer contributions$17,263,893
Employee contributions$33,399,275
Employer contribution per active participant$1,020
Average account balance$61,717
Benefits paid to participants$82,381,194
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$637.8M · 10,334 accts · $17.3M emplr
2023$575.1M · 9,813 accts · $17.0M emplr
2022$485.7M · 9,665 accts · $15.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$409,168
Investment management$188,218
Total administrative$597,386
The The Hertz Corporation 401(k) match · 2024
Employer contribution per active participant$1,020
Median for plans this size$4,294
2024$1,020 per active participant
2023$1,379 per active participant
2022$1,305 per active participant

The Hertz Corporation's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$409,168
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$188,218

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$597,386 · 0.10%
2023$524,710 · 0.10%
2022$376,515 · 0.07%
Same employer
Similar plansReal Estate & Leasing · Florida
Herc Rentals, Inc. FL$487.5M · 0.02%
Rpc, Inc. FL$326.1M · 0.09%
Regency Centers FL$191.3M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131938568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.