401(k) · DOL Form 5500 · 2023
Trane Technologies Company LLC 401(k) Plan
Data updated 2026-08-06
- $6.2B
- Total assets
- 18,144
- Participants
- 100th
- Percentile by assets
- $339,168
- Avg per participant
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.
- 100th percentile by assets (of 126,618 plans)
- #18,582 in Manufacturing (18,672 peers)
Coverage in North Carolina
Trane Technologies Employee Savings Plan (Esp) covers 18,144 participants in North Carolina, 21x the typical North Carolina plan (state average ~846 per filing). Assets: $6.2B.
- $6.2B
- total plan assets (2023 EOY)
- 18,144
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $339,168
- avg assets per participant
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.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 846 participants across 3,325 plans. Trane Technologies Employee Savings Plan (Esp) reports 18,144 participants - 21x that state average ($6.2B EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $5.0B |
|---|---|
| Net Assets (End of Year) | $6.2B |
| Net Income | $1.2B |
| Employer EIN | 135156640 |
| Plan Effective Date | 2003-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trane Technologies Company LLC)
| 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
- The Bank of America 401(k) Plan $54.8B · 173,899
- Honeywell 401(k) Plan $15.4B · 40,004
- Duke Energy Retirement Savings Plan $10.4B · 28,121
- Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
- Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174
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 (0.053% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.020% of 89,805,449 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) (401(k), $7.5B, 19,674 participants)
- Trane Technologies Pension Plan Number One B (Defined Benefit (Pension), $777M, 4,934 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Trane Technologies Employee Savings Plan (Esp) by total assets, not by location.
- Johnson Controls Retirement Savings and Investment Plan (WI) $6.2B · 28,904
- Ntess Savings and Income Plan (NM) $6.1B · 14,721
- Paramount Global 401(k) Plan (Fka Viacomcbs 401(k) Plan) (NY) $6.1B · 18,607
- Aon Savings Plan (GA) $6.2B · 13,948
Frequently Asked Questions
How did Trane Technologies Employee Savings Plan (Esp) assets move in 2023? ▼
How have Trane Technologies Company LLC plan assets changed over time? ▼
Where does Trane Technologies Employee Savings Plan (Esp) rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Trane Technologies Employee Savings Plan (Esp)? ▼
Next read for Trane Technologies Employee Savings Plan…
Filing takeaways
Ways to act on Trane Technologies Employee Savings Plan (Esp)'s numbers.
- By total assets, Trane Technologies Employee Savings Plan (Esp) ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) 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