Defined Benefit (Pension) · DOL Form 5500 · 2023

Trane U.S. Inc. Pension Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
1,265
Participants Near avg headcount
69th
Percentile by assets National rank
$12,977
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Trane Pension Plan · Sponsored by Trane U.S. Inc. · North Carolina · Manufacturing

$16M in assets, 1,265 participants

Trane U.S. Inc.'s Trane Pension Plan reported $16M in total assets and 1,265 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #10,832 in Manufacturing (18,722 peers)

What the 2023 filing shows

Trane Pension Plan holds $16M for 1,265 participants - about $12,977 per participant, above the median plan by assets.

#10,832
in Manufacturing (18,722 peers)
-4.2%
assets change YoY

The plan reported a net loss of $722K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Trane Pension Plan's outsized position by total assets

Trane Pension Plan vs every filed plan by assets

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

$16,415,452 Top 31% higher than 69% 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 Pension Plan'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 Pension Plan lands in the large band (1,265 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Trane Pension Plan reported net income rose from -$2M in the plan year 2022 filing to -$722K in the plan year 2023 filing.
  • Trane Pension Plan reported participants fell from 1,392 in the plan year 2022 filing to 1,265 in the plan year 2023 filing.
  • Trane Pension Plan end-of-year assets fell from $17M in the plan year 2022 filing to $16M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 250900465 · Trane U.S. Inc. PY 2023 · Defined Benefit (Pension)

Trane Pension Plan · $16M · 1,265 · 69th

  • RANK $16M
  • PHOTO 1,265
  • IND 69th
  • EOY Defined Benefit (Pension)
  • 5500 near Ampac Fine Chemicals LLC Pension Plan for Bargaini
  • ASSETS ind #10832

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 Pension Plan in the asset neighbourhood

Lakeland Bus Lines, Inc. Retirement Plan and TrustLakeland Bus Lines, Inc. Ret…$16MAmpac Fine Chemicals LLC Pension Plan for BargainiAmpac Fine Chemicals LLC Pen…$16MTrane Pension Plan$16MPlumbers and Pipefitters Local Union No. 45 Retirement PlanPlumbers and Pipefitters Loc…$16MCsp Pension Plan for Hourly Employees -N. BaltimoreCsp Pension Plan for Hourly …$16M
End-of-year total assets ($M) among Trane Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$16M
Net Income-$722K
Employer EIN250900465
Plan Effective Date2003-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trane U.S. Inc.)

Sponsor-wide plan assets over time

All Trane U.S. Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$989M 4.1050147401444805% vs 2022
2024 filing year
$0.94B$0.96B$0.98B$1B$1.02B 202220232024 $0.95B $0.99B ▲ +4.2%
Year Plans Participants Total Assets
2022 4 8,212 $950M
2023 4 7,821 $1.0B
2024 4 7,468 $989M

Nearby Defined Benefit (Pension) Plans in North Carolina

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Trane Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -505101520 Total assets ($B) Participants Trane Pension Plan, Total assets ($B): 0.016415452 · Participants: 1265Trane Pension PlanHoneywell 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 Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

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

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Ampac Fine Chemicals LLC Pension Plan for Bargaini in CA ($16M); by covered participants it is Dassault Falcon Jet Corporation Retirement Income Plan in NJ (1,265 participants). Same-state nearby plans are listed separately above.

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 Pension Plan assets move in 2023?
Trane Pension Plan edged down modestly - down 4.2% during 2023, from $17M to $16M. Reported net income was -$722K.
How have Trane U.S. Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Trane U.S. Inc.'s sponsor-wide assets grew 4.1%, from $950M to $989M.
Which Defined Benefit (Pension) plans are similar in size to Trane Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ampac Fine Chemicals LLC Pension Plan for Bargaini in CA ($16M, 73 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Trane Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Dassault Falcon Jet Corporation Retirement Income Plan in NJ (1,265 participants, $295M in assets).