401(k) · DOL Form 5500 · 2022
Trane U.S. Inc. 401(k) Plan
Data updated 2026-08-25
- $175M
- Total assets Near avg plan size
- 5,490
- Participants Above avg headcount
- 95th
- Percentile by assets National rank
- $31,903
- Avg per participant Low balance/head
Official DOL plan name: Trane 401(k) and Thrift Plan · Sponsored by Trane U.S. Inc. · North Carolina · Manufacturing
$175M in assets, 5,490 participants
Trane U.S. Inc.'s Trane 401(k) and Thrift Plan reported $175M in total assets and 5,490 participants in its 2022 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #19,043 in Manufacturing (20,602 peers)
Coverage in North Carolina
Trane 401(k) and Thrift Plan covers 5,490 participants in North Carolina, 6.7x the typical North Carolina plan (state average ~819 per filing). Assets: $175M.
- #19,043
- in Manufacturing (20,602 peers)
- -20.4%
- assets change YoY
- 1.8×
- vs typical plan assets (national mean)
The plan reported a net loss of $45M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Trane 401(k) and Thrift Plan's outsized position by total assets
Trane 401(k) and Thrift Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$175,145,032 Top 5% higher than 95% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Trane 401(k) and Thrift Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Trane 401(k) and Thrift Plan lands in the large band (5,490 participants).
Form 5500 schedule snapshot
Filing strip 250900465 · Trane U.S. Inc. PY 2022 · 401(k)
Trane 401(k) and Thrift Plan · $175M · 5,490 · 95th
- PHOTO $175M
- IND 5,490
- EOY 95th
- 5500 401(k)
- ASSETS near Olsson, Inc. 401(k) Profit Sharing Plan
- PCT ind #19043
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in North Carolina →
Trane 401(k) and Thrift Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $220M |
|---|---|
| Net Assets (End of Year) | $175M |
| Net Income | -$45M |
| Employer EIN | 250900465 |
| Plan Effective Date | 1983-08-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trane U.S. Inc.)
Sponsor-wide plan assets over time
All Trane U.S. Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $989M 4.1050147401444805% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 8,212 | $950M |
| 2023 | 4 | 7,821 | $1.0B |
| 2024 | 4 | 7,468 | $989M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Scale composition for Trane 401(k) and Thrift Plan
Trane 401(k) and Thrift Plan reports $175M in end-of-year assets across 5,490 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $31,903 per participant (23% of the national average assets-per-participant) . Net income for plan year 2022 was -$45M.
This plan identity (EIN 250900465, plan #043) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $175M to $248M (+41.8%) while covered participants moved from 5,490 to 5,197 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,490 | $175M | This page |
| 2023 | 5,373 | $212M | Open filing |
| 2024 · index core | 5,197 | $248M | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- The Trane Merged Hourly Pension Plan (Defined Benefit (Pension), $726M, 1,100 participants)
- Trane 401(k) and Thrift Plan (401(k), $248M, 5,197 participants)
- Trane Pension Plan (Defined Benefit (Pension), $14M, 1,171 participants)
Trane 401(k) and Thrift Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Olsson, Inc. 401(k) Profit Sharing Plan in NE ($175M); by covered participants it is W.R. Berkley Corporation Profit Sharing Plan in CT (5,488 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($175M here).
- Olsson, Inc. 401(k) Profit Sharing Plan (NE) $175M · 1,606
- Reuters Guild 401(k) Pension Plan (NY) $175M · 378
- Dai 401(k) Retirement Plan and Trust (MD) $175M · 793
- Wacker Savings Plan (MI) $175M · 1,261
Similar participant headcount
Nearest other-state filings by covered participants (5,490 participants); asset peers above are excluded.
- W.R. Berkley Corporation Profit Sharing Plan (CT) 5,488 · 2 off
- Owens Corning Savings and Security Plan (OH) 5,488 · 2 off
- People's United Bank, N.a. 401(k) Employee Savings Plan (NY) 5,493 · 3 off
- Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan (TX) 5,500 · 10 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.