401(k) · DOL Form 5500 · 2023

Trane Technologies Company LLC 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
271
Participants Below avg headcount
59th
Percentile by assets National rank
$37,865
Avg per participant Low balance/head
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Official DOL plan name: Trane Technologies Employee Savings Plan for Bargained Employees · Sponsored by Trane Technologies Company LLC · North Carolina · Manufacturing

$10M in assets, 271 participants

Trane Technologies Company LLC's Trane Technologies Employee Savings Plan for Bargained Employees reported $10M in total assets and 271 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #8,515 in Manufacturing (18,722 peers)

Coverage in North Carolina

Trane Technologies Employee Savings Plan for Bargained Employees covers 271 participants in North Carolina, about 33% of the average North Carolina filer (state average ~819 per filing). Assets: $10M.

#8,515
in Manufacturing (18,722 peers)
+17.4%
assets growth YoY

Trane Technologies Employee Savings Plan for Bargained Employees's mid-pack asset rank among Manufacturing and all filers

Trane Technologies Employee Savings Plan for Bargained Employees vs every filed plan by assets

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

$10,261,390 Top 41% higher than 59% 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 for Bargained Employees among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Trane Technologies Employee Savings Plan for Bargained Employees sits mid-pack in the medium band (271 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Trane Technologies Employee Savings Plan for Bargained Employees reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Trane Technologies Employee Savings Plan for Bargained Employees end-of-year assets rose from $9M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Trane Technologies Employee Savings Plan for Bargained Employees reported participants rose from 263 in the plan year 2022 filing to 271 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

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

Trane Technologies Employee Savings Plan for Bargained Employees · $10M · 271 · 59th

  • PHOTO $10M
  • IND 271
  • EOY 59th
  • 5500 401(k)
  • ASSETS near Bci Brands, LLC Employee Savings Plan
  • PCT ind #8515

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 for Bargained Employees in the asset neighbourhood

Trane Technologies Employee Savings Plan for Bargained EmployeesTrane Technologies Employee …$10MBci Brands, LLC Employee Savings PlanBci Brands, LLC Employee Sav…$10MSnell Motor Company 401(k) PlanSnell Motor Company 401(k) P…$10MFidus Investment Advisors, LLC 401(k) PlanFidus Investment Advisors, L…$10MGraeter's Manufacturing Co. 401(k) Retirement Savings PlanGraeter's Manufacturing Co. …$10M
End-of-year total assets ($M) among Trane Technologies Employee Savings Plan for Bargained Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN135156640
Plan Effective Date1997-10-31
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 for Bargained Employees vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Trane Technologies Employee Savings Plan for Bargained Employees, Total assets ($B): 0.01026139 · Participants: 271Trane Technologies Employee Savings Plan for Bargained EmployeesThe 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 for Bargained Employees vs. nearby 401(k) plans in North Carolina, assets vs. participants

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

Outside North Carolina, the nearest 401(k) by assets is Bci Brands, LLC Employee Savings Plan in NY ($10M); by covered participants it is Sellen Construction Co., Inc. 401(k) and Wealthbuilder Retirement Plan in WA (271 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (271 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 for Bargained Employees assets move in 2023?
Trane Technologies Employee Savings Plan for Bargained Employees grew sharply - up 17.4% during 2023, from $9M to $10M. Reported net income was $2M.
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.
Which 401(k) plans are similar in size to Trane Technologies Employee Savings Plan for Bargained Employees?
Among 401(k) plans in other states, the closest by assets is Bci Brands, LLC Employee Savings Plan in NY ($10M, 241 participants).
Which 401(k) plans cover a similar participant headcount to Trane Technologies Employee Savings Plan for Bargained Employees?
Among 401(k) plans in other states, the closest by covered participants is Sellen Construction Co., Inc. 401(k) and Wealthbuilder Retirement Plan in WA (271 participants, $96M in assets).