Defined Benefit (Pension) · DOL Form 5500 · 2022
Trane U.S. Inc. Pension Plan
Data updated 2026-08-11
- $758M
- Total assets
- 1,330
- Participants
- 99th
- Percentile by assets
- $569,644
- Avg per participant
Official DOL plan name: The Trane Merged Hourly Pension Plan · Sponsored by Trane U.S. Inc. · North Carolina · Manufacturing
$758M in assets, 1,330 participants
Trane U.S. Inc.'s The Trane Merged Hourly Pension Plan reported $758M in total assets and 1,330 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 139,126 plans)
- #20,079 in Manufacturing (20,602 peers)
Where The Trane Merged Hourly Pension Plan sits by assets
The Trane Merged Hourly Pension Plan sits among the largest 1% of all filed plans, $758M for 1,330 participants (~$569,644/participant), down 28.5% in 2022.
- $758M
- total plan assets (2022 EOY)
- 1,330
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $569,644
- avg assets per participant
The plan reported a net loss of $302M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Trane Merged Hourly Pension Plan vs the 2022 asset distribution
By assets, The Trane Merged Hourly Pension Plan outranks 99% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 7.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $758M |
| Net Income | -$302M |
| Employer EIN | 250900465 |
| Plan Effective Date | 1956-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trane U.S. Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 8,212 | $950M |
| 2023 | 4 | 7,821 | $1.0B |
| 2024 | 4 | 7,468 | $989M |
Nearby Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
The Trane Merged Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
- Honeywell Retirement Earnings Plan $17.0B · 12,452
- Truist Financial Corporation Pension Plan $12.5B · 37,931
- Duke Energy Legacy Pension Plan $4.0B · 346
- Duke Energy Retirement Cash Balance Plan $3.2B · 16,132
- Time Warner Cable Pension Plan $2.6B · 18,624
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to The Trane Merged Hourly Pension Plan by total assets, not by location.
- Stanley Black & Decker Pension Plan (MD) $757M · 1,092
- The Depository Trust & Clearing Corporation Retirement Plan (NJ) $757M · 984
- Komatsu U.S. Pension Plan (WI) $756M · 1,082
- Christian School Pension Plan and Trust Fund (MI) $756M · 3,056
Frequently Asked Questions
How did The Trane Merged Hourly Pension Plan assets move in 2022? ▼
How have Trane U.S. Inc. plan assets changed over time? ▼
Where does The Trane Merged Hourly Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to The Trane Merged Hourly Pension Plan? ▼
Next read for The Trane Merged Hourly Pension Plan
Scale reading
Ways to act on The Trane Merged Hourly Pension Plan's numbers.
- By total assets, The Trane Merged Hourly Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in North Carolina. Compare plans
- Trane U.S. Inc.'s sponsor-wide assets have grown 4.1% since 2022 across 3 plan years on file. More Manufacturing plans