401(k) · DOL Form 5500 · 2023

Trane Technologies Company LLC 401(k) Plan

Data updated 2026-08-25

$6.2B
Total assets Very large vs avg
18,144
Participants Very large workforce
100th
Percentile by assets National rank
$339,168
Avg per participant High balance/head
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Official DOL plan name: Trane Technologies Employee Savings Plan (Esp) · Sponsored by Trane Technologies Company LLC · North Carolina · Manufacturing

$6.2B in assets, 18,144 participants

Trane Technologies Company LLC's Trane Technologies Employee Savings Plan (Esp) reported $6.2B in total assets and 18,144 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #18,632 in Manufacturing (18,722 peers)

Coverage in North Carolina

Trane Technologies Employee Savings Plan (Esp) covers 18,144 participants in North Carolina, 22x the typical North Carolina plan (state average ~819 per filing). Assets: $6.2B.

#18,632
in Manufacturing (18,722 peers)
+23.9%
assets growth YoY
62×
vs typical plan assets (national mean)

Trane Technologies Employee Savings Plan (Esp)'s outsized position by total assets

Trane Technologies Employee Savings Plan (Esp) vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$6,153,870,038 Highest reported value at or above every one of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Trane Technologies Employee Savings Plan (Esp)'s mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Trane Technologies Employee Savings Plan (Esp) is a mega filing (18,144 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Trane Technologies Employee Savings Plan (Esp) reported net income rose from -$1.2B in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
  • Trane Technologies Employee Savings Plan (Esp) end-of-year assets rose from $5.0B in the plan year 2022 filing to $6.2B in the plan year 2023 filing.
  • Trane Technologies Employee Savings Plan (Esp) reported participants rose from 17,017 in the plan year 2022 filing to 18,144 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 135156640 · Trane Technologies Company LLC PY 2023 · 401(k)

Trane Technologies Employee Savings Plan (Esp) · $6.2B · 18,144 · 100th

  • PHOTO $6.2B
  • IND 18,144
  • EOY 100th
  • 5500 401(k)
  • ASSETS near Johnson Controls Retirement Savings and Investment Plan
  • PCT ind #18632

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 Technologies Employee Savings Plan (Esp) in the asset neighbourhood

Aon Savings Plan$6.2BJohnson Controls Retirement Savings and Investment PlanJohnson Controls Retirement …$6.2BTrane Technologies Employee Savings Plan (Esp)Trane Technologies Employee …$6.2BNtess Savings and Income Plan$6.1BParamount Global 401(k) Plan (Fka Viacomcbs 401(k) Plan)Paramount Global 401(k) Plan…$6.1B
End-of-year total assets ($B) among Trane Technologies Employee Savings Plan (Esp) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$5.0B
Net Assets (End of Year)$6.2B
Net Income$1.2B
Employer EIN135156640
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trane Technologies Company LLC)

Sponsor-wide plan assets over time

All Trane Technologies Company LLC plans reported in each filing year

Latest sponsor-wide plan assets
$8.3B 42.82422244562476% vs 2022
2024 filing year
$5B$6B$7B$8B$9B 202220232024 $5.81B $8.3B ▲ +42.9%
Year Plans Participants Total Assets
2022 3 23,021 $5.8B
2023 4 23,747 $7.0B
2024 4 24,880 $8.3B

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Trane Technologies Employee Savings Plan (Esp) vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 0204060 Total assets ($B) Participants Trane Technologies Employee Savings Plan (Esp), Total assets ($B): 6.153870038 · Participants: 18144Trane Technologies Employee Savings Plan (Esp)The Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Trane Technologies Employee Savings Plan (Esp) vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Trane Technologies Employee Savings Plan (Esp) side-by-side with 3 peers →

Scale composition for Trane Technologies Employee Savings Plan (Esp)

Trane Technologies Employee Savings Plan (Esp) reports $6.2B in end-of-year assets across 18,144 participants (0.050% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.019% of 93,925,755 covered participants) - about $339,168 per participant (2.5x the national average assets-per-participant) . Net income for plan year 2023 was $1.2B.

This plan identity (EIN 135156640, plan #078) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.0B to $7.5B (+51.2%) while covered participants moved from 17,017 to 19,674 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 17,017 $5.0B Open filing
2023 18,144 $6.2B This page
2024 · index core 19,674 $7.5B Open filing

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

Trane Technologies Employee Savings Plan (Esp)'s out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Johnson Controls Retirement Savings and Investment Plan in WI ($6.2B); by covered participants it is Raley's 401(k) Retirement Savings Plan in CA (18,117 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (18,144 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Trane Technologies Employee Savings Plan (Esp) assets move in 2023? ▼
Trane Technologies Employee Savings Plan (Esp) grew sharply - up 23.9% during 2023, from $5.0B to $6.2B. Reported net income was $1.2B.
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 Employee Savings Plan (Esp) rank by assets among Form 5500 filers? ▼
Trane Technologies Employee Savings Plan (Esp) ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Trane Technologies Employee Savings Plan (Esp)? ▼
Among 401(k) plans in other states, the closest by assets is Johnson Controls Retirement Savings and Investment Plan in WI ($6.2B, 28,904 participants).
Which 401(k) plans cover a similar participant headcount to Trane Technologies Employee Savings Plan (Esp)? ▼
Among 401(k) plans in other states, the closest by covered participants is Raley's 401(k) Retirement Savings Plan in CA (18,117 participants, $584M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 135156640.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.