Hertz 401(k) match, vesting and fees
What Hertz's 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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 44 defined-contribution plans with 5,000 to 9,999 participants.
| Hertz: employer contribution per participant | $1,807 | |
| Peer median | $2,742 |
| Hertz: average balance | $71,411 | |
| Peer median | $91,210 |
| Hertz: admin expenses ÷ assets | 0.10% | |
| Peer median | 0.08% |
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 $583M at the end of plan year 2021 to $704M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 21,214 | $704M | $17.8M | $1,807 | 0.10% | Not published | Form 5500 ↗ |
| 2024 | 21,322 | $638M | $17.3M | $1,671 | 0.10% | Not published | Form 5500 ↗ |
| 2023 | 16,219 | $575M | $17M | $1,730 | 0.10% | Not published | Form 5500 ↗ |
| 2022 | 15,714 | $486M | $15.2M | $1,570 | 0.07% | Not published | Form 5500 ↗ |
| 2021 | 15,886 | $583M | $11.8M | $1,266 | 0.04% | Not published | Form 5500 ↗ |
Other Hertz plans (4)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Puerto Ricancars, Inc. Income Savings 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.
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
The Hertz Corporation Account Balance Defined Benefit 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.
| Recordkeeper | Telus Health | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Retirement Plan for Employees of Puerto Ricancars Inc. and Related Companies Residing in the Commonwealth of Puerto Rico
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.
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Retirement Plan for Employees of Puerto Ricancars Inc. and Related Companies Residing in St. Thomas U.S. Virgin Islands
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.
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Hertz match 401(k) contributions?
The match terms for the Hertz Corporation Income Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $17.8M in employer contributions, about $1,807 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Hertz 401(k) match vested?
The vesting schedule for the Hertz Corporation Income Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Hertz 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is The Hertz Corporation Health and Retirement Benefit Plans Committee.
I left Hertz. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (The Hertz Corporation Health and Retirement Benefit Plans Committee, (239) 301-7000) or the recordkeeper, Fidelity Investments Institutional. The Hertz old 401(k) page lists the contacts from every plan filing. Find an old Hertz 401(k)
Data from the public Form 5500 annual reports Hertz filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 Hertz. Not financial advice. Report a correction · Methodology