Defined Benefit (Pension) · DOL Form 5500 · 2023
Trane Technologies Company LLC Pension Plan
Data updated 2026-08-11
- $29M
- Total assets
- N/A
- Participants
- 79th
- Percentile by assets
Official DOL plan name: Trane Technologies Pension Plan Number One · Sponsored by Trane Technologies Company LLC · North Carolina · Manufacturing
$29M in assets, N/A participants
Trane Technologies Company LLC's Trane Technologies Pension Plan Number One reported $29M in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.
- 79th percentile by assets (of 127,072 plans)
- #13,232 in Manufacturing (18,722 peers)
Where Trane Technologies Pension Plan Number One sits by assets
Trane Technologies Pension Plan Number One sits in the top quartile of all filed plans by assets, $29M for N/A participants, down 96.5% in 2023.
- $29M
- total plan assets (2023 EOY)
- N/A
- covered participants
- 79th
- percentile by assets (of 127,072 plans)
- -96.5%
- assets change YoY
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Trane Technologies Pension Plan Number One reported participants fell from 5,741 in the plan year 2022 filing to N/A in the plan year 2023 filing.
- Trane Technologies Pension Plan Number One reported net income rose from -$338M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
- Trane Technologies Pension Plan Number One end-of-year assets fell from $835M in the plan year 2022 filing to $29M in the plan year 2023 filing.
Trane Technologies Pension Plan Number One vs the 2023 asset distribution
By assets, Trane Technologies Pension Plan Number One outranks 79% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $835M |
|---|---|
| Net Assets (End of Year) | $29M |
| Net Income | -$2M |
| Employer EIN | 135156640 |
| Plan Effective Date | 1949-01-01 |
| 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 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
- Honeywell Retirement Earnings Plan $16.6B · 11,145
- Truist Financial Corporation Pension Plan $14.6B · 45,818
- Duke Energy Retirement Cash Balance Plan $4.0B · 14,485
- Duke Energy Legacy Pension Plan $3.4B · 371
- Employees' Retirement Plan of Duke University $2.6B · 21,020
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 2023? ▼
How have Trane Technologies Company LLC plan assets changed over time? ▼
Where does Trane Technologies Pension Plan Number One rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Trane Technologies Pension Plan Number One? ▼
Next read for Trane Technologies Pension Plan Number O…
Scale reading
Ways to act on Trane Technologies Pension Plan Number One's numbers.
- By total assets, Trane Technologies Pension Plan Number One ranks in the top quartile of all filed plans by assets. 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