Plan Snapshot
- Plan Sponsor: Herc Rentals INC.
- Sponsor EIN: 136174127
- Sponsor Address: 27500 RIVERVIEW CENTER BLVD, BONITA SPRINGS, FL, 34134
- Plan Type: DB
- Total Participants: 1,006
- Total Assets: $118.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,006 | $118.4M | $2.7M | $0 |
| 2023 | 1,054 | $121.0M | $1.7M | $0 |
| 2022 | 1,119 | $116.8M | $3.9M | $0 |
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 |
|---|---|---|---|---|
| MERCER | Other Service Provider | $494,023 | — | $494,023 |
| PRUDENTIAL | Other Service Provider | $108,295 | — | $108,295 |
| ROCATON INVESTMENT ADVISORS | Other Service Provider | $107,264 | — | $107,264 |
| JP MORGAN CHASE BANK | Recordkeeper | $104,680 | — | $104,680 |
| TOWERS WATSON INVESTMENT SERVICES | Other Service Provider | $92,192 | — | $92,192 |
| JP MORGAN ASSET MANAGEMENT | Recordkeeper | $64,335 | — | $64,335 |
| LOOMIS SAYLES | Other Service Provider | $62,302 | — | $62,302 |
| CLIFTONLARSONALLEN LLP | Auditor | $21,194 | — | $21,194 |
| BLACKROCK INSTITUTIONAL TRUST CO | Other Service Provider | $7,201 | — | $7,201 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JP MORGAN CHASE BANK — Recordkeeper
- JP MORGAN ASSET MANAGEMENT — Recordkeeper
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,061,486
- Estimated Expense Ratio: 0.896% 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 | $2,551,708 | $605,241 | — | $21,194 | — |
| 2023 | $3,295,624 | $201,842 | — | $19,268 | — |
| 2022 | $2,041,831 | $248,814 | — | — | $952,817 |