401k Plan data: PUERTO RICANCARS, INC. INCOME SAVINGS PLAN plan

PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 401k Plan overview

Plan Name	PUERTO RICANCARS, INC. INCOME SAVINGS PLAN
Plan identification number	006

PUERTO RICANCARS, INC. INCOME SAVINGS PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan not intended to be qualified - A plan not intended to be qualified under Code sections 401, 403, or 408.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Puerto Rico Code.

401k Sponsoring company profile

THE HERTZ CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: THE HERTZ CORPORATION

Employer identification number (EIN): 131938568

NAIC Classification: 532100
NAIC Description: Automotive Equipment Rental and Leasing

Additional information about THE HERTZ CORPORATION

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date: 1967-04-19

Company Identification Number: 0656209

Legal Registered Office Address: CORPORATION TRUST CENTER 1209 ORANGE ST

WILMINGTON
United States of America (USA)
19801

More information about THE HERTZ CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PUERTO RICANCARS, INC. INCOME SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
006 2022-01-01
006 2021-01-01
006 2020-01-01
006 2019-01-01

Plan Statistics for PUERTO RICANCARS, INC. INCOME SAVINGS PLAN

401k plan membership statisitcs for PUERTO RICANCARS, INC. INCOME SAVINGS PLAN

Measure Date Value
2022: PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 22
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 0
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 20
Total of all active and inactive participants 2022-01-01 20
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 20
Number of participants with account balances 2022-01-01 20
2021: PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 36
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 0
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 22
Total of all active and inactive participants 2021-01-01 22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 22
Number of participants with account balances 2021-01-01 22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 60
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 17
Number of other retired or separated participants entitled to future benefits 2020-01-01 19
Total of all active and inactive participants 2020-01-01 36
Total participants 2020-01-01 36
Number of participants with account balances 2020-01-01 31
2019: PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 22
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 51
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 9
Total of all active and inactive participants 2019-01-01 60
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 60
Number of participants with account balances 2019-01-01 32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0

Measure	Date	Value
2022: PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	22
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	0
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	20
Total of all active and inactive participants	2022-01-01	20
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	20
Number of participants with account balances	2022-01-01	20
2021: PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	36
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	0
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	22
Total of all active and inactive participants	2021-01-01	22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	22
Number of participants with account balances	2021-01-01	22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	60
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	17
Number of other retired or separated participants entitled to future benefits	2020-01-01	19
Total of all active and inactive participants	2020-01-01	36
Total participants	2020-01-01	36
Number of participants with account balances	2020-01-01	31
2019: PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	22
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	51
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	9
Total of all active and inactive participants	2019-01-01	60
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	60
Number of participants with account balances	2019-01-01	32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0

Financial Data on PUERTO RICANCARS, INC. INCOME SAVINGS PLAN

Measure	Date	Value
2022 : PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 2022 401k financial data
Transfers to/from the plan	2022-12-31	$0
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$-73,580
Expenses. Total of all expenses incurred	2022-12-31	$5,173
Benefits paid (including direct rollovers)	2022-12-31	$4,792
Total plan assets at end of year	2022-12-31	$368,696
Total plan assets at beginning of year	2022-12-31	$447,449
Value of fidelity bond covering the plan	2022-12-31	$10,000,000
Total contributions received or receivable from participants	2022-12-31	$0
Expenses. Other expenses not covered elsewhere	2022-12-31	$0
Contributions received from other sources (not participants or employers)	2022-12-31	$0
Other income received	2022-12-31	$-73,580
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$-78,753
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$368,696
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$447,449
Assets. Value of participant loans	2022-12-31	$23,290
Total contributions received or receivable from employer(s)	2022-12-31	$0
Value of certain deemed distributions of participant loans	2022-12-31	$0
Value of corrective distributions	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$381
2021 : PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 2021 401k financial data
Transfers to/from the plan	2021-12-31	$0
Total plan liabilities at end of year	2021-12-31	$0
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$107,818
Expenses. Total of all expenses incurred	2021-12-31	$164,449
Benefits paid (including direct rollovers)	2021-12-31	$158,765
Total plan assets at end of year	2021-12-31	$447,449
Total plan assets at beginning of year	2021-12-31	$504,080
Value of fidelity bond covering the plan	2021-12-31	$10,000,000
Assets. Value of tangible personal property	2021-12-31	$0
Total contributions received or receivable from participants	2021-12-31	$26,660
Assets. Value of loans (other than to participants)	2021-12-31	$0
Expenses. Other expenses not covered elsewhere	2021-12-31	$0
Contributions received from other sources (not participants or employers)	2021-12-31	$0
Other income received	2021-12-31	$71,986
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$-56,631
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$447,449
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$504,080
Assets. Value of participant loans	2021-12-31	$29,257
Assets. Value of assets in partnership/joint-venture interests	2021-12-31	$0
Assets. Value of real-estate (other than employer real property)	2021-12-31	$0
Assets. Value of employer securities	2021-12-31	$0
Assets. Value of employer real property	2021-12-31	$0
Total contributions received or receivable from employer(s)	2021-12-31	$9,172
Value of certain deemed distributions of participant loans	2021-12-31	$5,252
Value of corrective distributions	2021-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$432
2020 : PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$-16,949
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$119,160
Expenses. Total of all expenses incurred	2020-12-31	$-844
Benefits paid (including direct rollovers)	2020-12-31	$1,372
Total plan assets at end of year	2020-12-31	$504,080
Total plan assets at beginning of year	2020-12-31	$401,025
Value of fidelity bond covering the plan	2020-12-31	$10,000,000
Total contributions received or receivable from participants	2020-12-31	$46,321
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$55,937
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$120,004
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$504,080
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$401,025
Assets. Value of participant loans	2020-12-31	$15,121
Total contributions received or receivable from employer(s)	2020-12-31	$16,902
Value of certain deemed distributions of participant loans	2020-12-31	$-2,670
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$454
2019 : PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$135,492
Expenses. Total of all expenses incurred	2019-12-31	$3,187
Benefits paid (including direct rollovers)	2019-12-31	$0
Total plan assets at end of year	2019-12-31	$401,025
Total plan assets at beginning of year	2019-12-31	$268,720
Value of fidelity bond covering the plan	2019-12-31	$10,000,000
Total contributions received or receivable from participants	2019-12-31	$37,688
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$84,929
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$132,305
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$401,025
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$268,720
Assets. Value of participant loans	2019-12-31	$26,529
Total contributions received or receivable from employer(s)	2019-12-31	$12,875
Value of certain deemed distributions of participant loans	2019-12-31	$2,722
Value of corrective distributions	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$465

Form 5500 Responses for PUERTO RICANCARS, INC. INCOME SAVINGS PLAN

2022: PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: PUERTO RICANCARS, INC. INCOME SAVINGS PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

PUERTO RICANCARS, INC. INCOME SAVINGS PLAN [EIN = 660206490]

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Company Name:	THE HERTZ CORPORATION
Employer identification number (EIN):	131938568
NAIC Classification:	532100
NAIC Description:	Automotive Equipment Rental and Leasing

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:	1967-04-19
Company Identification Number:	0656209
Legal Registered Office Address:	CORPORATION TRUST CENTER 1209 ORANGE ST WILMINGTON United States of America (USA) 19801