Plan Snapshot
- Plan Sponsor: Herc Rentals, INC.
- Sponsor EIN: 136174127
- Sponsor Address: 27500 RIVERVIEW CENTER BLVD,, BONITA SPRINGS, FL, 34134
- Plan Type: 401(k)
- Total Participants: 6,456
- Total Assets: $487.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 6,456 | $487.5M | $20.7M | $34.4M |
| 2023 | 5,997 | $400.1M | $18.2M | $30.3M |
| 2022 | 5,261 | $308.3M | $15.0M | $25.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | NONE | $128,310 | — | $128,310 |
| CLIFTON LARSON ALLEN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTON LARSON ALLEN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $128,310
- Estimated Expense Ratio: 0.026% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $91,464 | — | — | — | — |
| 2023 | $77,924 | — | — | — | — |
| 2022 | $86,133 | — | $62,333 | — | $23,800 |