Defined Benefit (Pension) · DOL Form 5500 · 2023

Trane Technologies Company LLC Pension Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
N/A
Participants Small participant base
79th
Percentile by assets National rank
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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.

  • #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.

#13,232
in Manufacturing (18,722 peers)
-96.5%
assets change YoY
0.3×
vs typical plan assets (national mean)

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.

Trane Technologies Pension Plan Number One's outsized position by total assets

Trane Technologies Pension Plan Number One vs every filed plan by assets

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

$29,340,728 Top 21% higher than 79% 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

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

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.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 135156640 · Trane Technologies Company LLC PY 2023 · Defined Benefit (Pension)

Trane Technologies Pension Plan Number One · $29M · N/A · 79th

  • ASSETS $29M
  • PCT N/A
  • EIN 79th
  • RANK Defined Benefit (Pension)
  • PHOTO near NECA Employees' Pension Plan
  • IND ind #13232

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 Pension Plan Number One in the asset neighbourhood

NECA Employees' Pension Plan$29MLiquor and Allied Workers Union Local No. 3 Pension FundLiquor and Allied Workers Un…$29MTrane Technologies Pension Plan Number OneTrane Technologies Pension P…$29MGarden City Hospital Osteopathic Employee Pension PlanGarden City Hospital Osteopa…$29MIndianapolis Symphony Orchestra Pension PlanIndianapolis Symphony Orches…$29M
End-of-year total assets ($M) among Trane Technologies Pension Plan Number One and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$835M
Net Assets (End of Year)$29M
Net Income-$2M
Employer EIN135156640
Plan Effective Date1949-01-01
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 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 Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants Trane Technologies Pension Plan Number One, Total assets ($B): 0.029340728 · Participants: 0Trane Technologies Pension Plan Number OneHoneywell Retirement Earnings Plan, Total assets ($B): 16.613752395 · Participants: 11145Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 14.582387965 · Participants: 45818Truist Financial Corporation Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 4.0264 · Participants: 14485Duke Energy Retirement Cash Balance PlanDuke Energy Legacy Pension Plan, Total assets ($B): 3.3721 · Participants: 371Duke Energy Legacy Pension PlanEmployees' Retirement Plan of Duke University, Total assets ($B): 2.616859519 · Participants: 21020Employees' Retirement Plan of Duke University
Trane Technologies Pension Plan Number One vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Trane Technologies Pension Plan Number One side-by-side with 3 peers →

Trane Technologies Pension Plan Number One's closest out-of-state Defined Benefit (Pension) peers by assets

Outside North Carolina, the nearest Defined Benefit (Pension) by end-of-year assets is NECA Employees' Pension Plan in DC at $29M (this filing: $29M).

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 Pension Plan Number One assets move in 2023? ▼
Trane Technologies Pension Plan Number One contracted severely - down 96.5% during 2023, from $835M to $29M. 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.
Where does Trane Technologies Pension Plan Number One rank by assets among Form 5500 filers? ▼
Trane Technologies Pension Plan Number One ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
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 NECA Employees' Pension Plan in DC ($29M, 14 participants).

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.