Defined Benefit (Pension) · DOL Form 5500 · 2023

Trane U.S. Inc. Pension Plan

Data updated 2026-08-25

$775M
Total assets Above avg plan size
1,183
Participants Near avg headcount
98th
Percentile by assets National rank
$655,099
Avg per participant High balance/head
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Official DOL plan name: The Trane Merged Hourly Pension Plan · Sponsored by Trane U.S. Inc. · North Carolina · Manufacturing

$775M in assets, 1,183 participants

Trane U.S. Inc.'s The Trane Merged Hourly Pension Plan reported $775M in total assets and 1,183 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.

  • #18,152 in Manufacturing (18,722 peers)

Where The Trane Merged Hourly Pension Plan sits by assets

The Trane Merged Hourly Pension Plan sits in the top 5% of all filed plans by assets, $775M for 1,183 participants (~$655,099/participant), up 2.3% in 2023.

#18,152
in Manufacturing (18,722 peers)
+2.3%
assets growth YoY
7.8×
vs typical plan assets (national mean)

The Trane Merged Hourly Pension Plan's outsized position by total assets

The Trane Merged Hourly Pension Plan vs every filed plan by assets

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

$774,981,842 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

The Trane Merged Hourly 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. The Trane Merged Hourly Pension Plan lands in the large band (1,183 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Trane Merged Hourly Pension Plan reported net income rose from -$302M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • The Trane Merged Hourly Pension Plan reported participants fell from 1,330 in the plan year 2022 filing to 1,183 in the plan year 2023 filing.
  • The Trane Merged Hourly Pension Plan end-of-year assets rose from $758M in the plan year 2022 filing to $775M 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)

The Trane Merged Hourly Pension Plan · $775M · 1,183 · 98th

  • BOOK $775M
  • VS-ST 1,183
  • BOY 98th
  • SCH Defined Benefit (Pension)
  • EBSA near Federal-Mogul Pension Plan
  • PART ind #18152

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 →

The Trane Merged Hourly Pension Plan in the asset neighbourhood

Carpenters Labor-Management Pension PlanCarpenters Labor-Management …$777MKaleida Health Pension Growth PlanKaleida Health Pension Growt…$776MFederal-Mogul Pension Plan$776MThe Trane Merged Hourly Pension PlanThe Trane Merged Hourly Pens…$775MRpm International Inc. Retirement PlanRpm International Inc. Retir…$773M
End-of-year total assets ($M) among The Trane Merged Hourly Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$758M
Net Assets (End of Year)$774M
Net Income$17M
Employer EIN250900465
Plan Effective Date1956-01-01
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.

The Trane Merged Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -505101520 Total assets ($B) Participants The Trane Merged Hourly Pension Plan, Total assets ($B): 0.774981842 · Participants: 1183The Trane Merged Hourly 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
The Trane Merged Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare The Trane Merged Hourly Pension Plan side-by-side with 3 peers →

The Trane Merged Hourly 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 Federal-Mogul Pension Plan in MI ($776M); by covered participants it is Mfa Incorporated Retirement Plan in MO (1,183 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($775M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,183 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 The Trane Merged Hourly Pension Plan assets move in 2023? ▼
The Trane Merged Hourly Pension Plan edged up modestly - up 2.3% during 2023, from $758M to $775M. Reported net income was $17M.
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.
Where does The Trane Merged Hourly Pension Plan rank by assets among Form 5500 filers? ▼
The Trane Merged Hourly Pension Plan 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 The Trane Merged Hourly Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Federal-Mogul Pension Plan in MI ($776M, 2,391 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Trane Merged Hourly Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Mfa Incorporated Retirement Plan in MO (1,183 participants, $217M in assets).

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 250900465.

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.