Herc Rentals 401(k) match, vesting and fees
What Herc Rentals' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company O | Schedule C ↗ |
| Independent auditor | Clifton Larson Allen (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 15 defined-contribution plans in real estate and rental and leasing with 5,000 to 9,999 participants.
| Herc Rentals: employer contribution per participant | $2,616 | |
| Peer median | $1,849 |
| Herc Rentals: average balance | $61,541 | |
| Peer median | $61,541 |
| Herc Rentals: admin expenses ÷ assets | 0.02% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $400M at the end of plan year 2023 to $487M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 8,117 | $487M | $20.7M | $2,616 | 0.02% | Not published | Form 5500 ↗ |
| 2023 | 7,420 | $400M | $18.2M | $2,544 | 0.02% | Not published | Form 5500 ↗ |
Other Herc Rentals plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Herc Rentals Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Herc Rentals match 401(k) contributions?
The match terms for the Herc Rentals Income Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $20.7M in employer contributions, about $2,616 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Herc Rentals 401(k) match vested?
The vesting schedule for the Herc Rentals Income Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Herc Rentals 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company O. The plan administrator is Herc Rentals, Inc..
I left Herc Rentals. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Herc Rentals, Inc., (239) 301-1002) or the recordkeeper, Empower Annuity Insurance Company O. The Herc Rentals old 401(k) page lists the contacts from every plan filing. Find an old Herc Rentals 401(k)
Data from the public Form 5500 annual reports Herc Rentals filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Herc Rentals. Not financial advice. Report a correction · Methodology