Defined Benefit (Pension) · DOL Form 5500 · 2022

Trane Technologies Company LLC Pension Plan

Data updated 2026-08-06

$835M
Total assets
5,741
Participants
99th
Percentile by assets
$145,485
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Trane Technologies Pension Plan Number One · Sponsored by Trane Technologies Company LLC · North Carolina · Manufacturing

$835M in assets, 5,741 participants

Trane Technologies Company LLC's Trane Technologies Pension Plan Number One reported $835M in total assets and 5,741 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 139,258 plans)
  • #20,146 in Manufacturing (20,629 peers)

Coverage in North Carolina

Trane Technologies Pension Plan Number One covers 5,741 participants in North Carolina, 6.8x the typical North Carolina plan (state average ~846 per filing). Assets: $835M.

$835M
total plan assets (2022 EOY)
5,741
covered participants
99th
percentile by assets (of 139,258 plans)
$145,485
avg assets per participant

The plan reported a net loss of $338M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Participants vs North Carolina filers

In North Carolina, the average filing covers about 846 participants across 3,325 plans. Trane Technologies Pension Plan Number One reports 5,741 participants - 6.8x that state average ($835M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$835M
Net Income-$338M
Employer EIN135156640
Plan Effective Date1949-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trane Technologies Company LLC)

$5B$6B$7B$8B$9B 202220232024 $5.81B $8.3B ▲ +42.9%
Total plan assets by year, all Trane Technologies Company LLC plans on file
Year Plans Participants Total Assets
2022 3 23,021 $5.8B
2023 4 23,747 $7.0B
2024 4 24,880 $8.3B

Nearby Defined Benefit (Pension) Plans in North Carolina

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Trane Technologies Pension Plan Number One vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Trane Technologies Pension Plan Number One vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 05101520 Total assets ($B) Participants Trane Technologies P…Honeywell Retirement…Truist Financial Cor…Duke Energy Legacy P…Duke Energy Retireme…Time Warner Cable Pe…
Trane Technologies Pension Plan Number One vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Scale composition for Trane Technologies Pension Plan Number One

Trane Technologies Pension Plan Number One reports $835M in end-of-year assets across 5,741 participants (0.007% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.006% of 89,805,449 covered participants) - about $145,485 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2022 was -$338M.

This plan identity (EIN 135156640, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 while covered participants moved from 5,741 to N/A . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,741 $835M This page
2023 N/A $29M Open filing
2024 N/A N/A Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Trane Technologies Pension Plan Number One by total assets, not by location.

Frequently Asked Questions

How did Trane Technologies Pension Plan Number One assets move in 2022?
Trane Technologies Pension Plan Number One declined sharply - down 28.8% during 2022, from $1.2B to $835M. Reported net income was -$338M.
How have Trane Technologies Company LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Trane Technologies Company LLC's sponsor-wide assets grew 42.8%, from $5.8B to $8.3B.
Where does Trane Technologies Pension Plan Number One rank by assets among Form 5500 filers?
Trane Technologies Pension Plan Number One ranks in the 99th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Trane Technologies Pension Plan Number One?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Willis-Knighton Medical Center Employees Retirement Plan in LA ($835M, 5,676 participants).

Next read for Trane Technologies Pension Plan Number O…

Filing takeaways

Ways to act on Trane Technologies Pension Plan Number One's numbers.

  • By total assets, Trane Technologies Pension Plan Number One 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 Technologies Company LLC's sponsor-wide assets have grown 42.8% since 2022 across 3 plan years on file. More Manufacturing plans