Defined Benefit (Pension) · DOL Form 5500 · 2023

Trane Technologies Company LLC Pension Plan

Data updated 2026-08-25

$816M
Total assets Above avg plan size
5,332
Participants Above avg headcount
98th
Percentile by assets National rank
$152,982
Avg per participant Above avg balance/head
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Official DOL plan name: Trane Technologies Pension Plan Number One B · Sponsored by Trane Technologies Company LLC · North Carolina · Manufacturing

$816M in assets, 5,332 participants

Trane Technologies Company LLC's Trane Technologies Pension Plan Number One B reported $816M in total assets and 5,332 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #18,171 in Manufacturing (18,722 peers)

Coverage in North Carolina

Trane Technologies Pension Plan Number One B covers 5,332 participants in North Carolina, 6.5x the typical North Carolina plan (state average ~819 per filing). Assets: $816M.

#18,171
in Manufacturing (18,722 peers)
$11M
reported net income
8.2×
vs typical plan assets (national mean)

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

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

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

$815,699,584 Top 2% higher than 98% 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 Pension Plan Number One B's large-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 Pension Plan Number One B lands in the large band (5,332 participants).

Published 5500 schedule card

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

Trane Technologies Pension Plan Number One B · $816M · 5,332 · 98th

  • TYPE $816M
  • NET 5,332
  • BOOK 98th
  • VS-ST Defined Benefit (Pension)
  • BOY near Citgo Petroleum Corporation Salaried Employees' Pension Plan
  • SCH ind #18171

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 B in the asset neighbourhood

Entergy Corporation Retirement Plan IIIEntergy Corporation Retireme…$819MCitgo Petroleum Corporation Salaried Employees' Pension PlanCitgo Petroleum Corporation …$818MTrane Technologies Pension Plan Number One BTrane Technologies Pension P…$816MNv Energy Retirement Plan$813MWashington Gas Light Company Employees' Pension PlanWashington Gas Light Company…$808M
End-of-year total assets ($M) among Trane Technologies Pension Plan Number One B and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$815M
Net Income$11M
Employer EIN135156640
Plan Effective Date2023-01-01
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 B vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 05101520 Total assets ($B) Participants Trane Technologies Pension Plan Number One B, Total assets ($B): 0.815699584 · Participants: 5332Trane Technologies Pension Plan Number One BHoneywell 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 B vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Scale composition for Trane Technologies Pension Plan Number One B

Trane Technologies Pension Plan Number One B reports $816M in end-of-year assets across 5,332 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $152,982 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2023 was $11M.

This plan identity (EIN 135156640, plan #008) has 2 Form 5500 filings on file from 2023 to 2024 , with end-of-year assets moving from $816M to $777M (-4.8%) while covered participants moved from 5,332 to 4,934 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2023 5,332 $816M This page
2024 · index core 4,934 $777M Open filing

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

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

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Citgo Petroleum Corporation Salaried Employees' Pension Plan in TX ($818M); by covered participants it is Ufcw and Safeway Variable Annuity Pension Fund in MD (5,337 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5,332 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 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 B rank by assets among Form 5500 filers?
Trane Technologies Pension Plan Number One B ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Trane Technologies Pension Plan Number One B?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Citgo Petroleum Corporation Salaried Employees' Pension Plan in TX ($818M, 1,913 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Trane Technologies Pension Plan Number One B?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ufcw and Safeway Variable Annuity Pension Fund in MD (5,337 participants, $24M in assets).