Plan Snapshot
- Plan Sponsor: The Hertz Corporation
- Sponsor EIN: 131938568
- Sponsor Address: 8501 WILLIAMS ROAD, ESTERO, FL, 33928
- Plan Type: DB
- Total Participants: 2,626
- Total Assets: $324.9M
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 | 2,626 | $324.9M | $9.0M | $0 |
| 2023 | 2,918 | $342.0M | $0 | $0 |
| 2022 | 3,201 | $337.5M | $0 | $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 |
|---|---|---|---|---|
| TELUS HEALTH | NONE | $1,289,756 | — | $1,289,756 |
| GOLDMAN SACHS ASSET MANAGEMENT | NONE | $309,533 | — | $309,533 |
| MERCER | NONE | $144,530 | — | $144,530 |
| JP MORGAN CHASE & CO. | NONE | $109,409 | $27,178 | $136,587 |
| PRUDENTIAL | NONE | $49,335 | — | $49,335 |
| VOYA | NONE | $40,302 | — | $40,302 |
| BLACKROCK | NONE | $5,514 | — | $5,514 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GOLDMAN SACHS ASSET MANAGEMENT — NONE
- JP MORGAN CHASE & CO. — NONE
- PRUDENTIAL — NONE
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,975,557
- Estimated Expense Ratio: 0.608% 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 | $4,708,271 | $309,533 | $1,289,756 | — | — |
| 2023 | $5,821,731 | $437,683 | $1,210,898 | — | — |
| 2022 | $3,877,230 | $684,269 | — | — | $1,512,126 |