401(k) · DOL Form 5500 · 2024

Trane Technologies Company LLC 401(k) Plan

Data updated 2026-08-25

$7.5B
Total assets Very large vs avg
19,674
Participants Very large workforce
100th
Percentile by assets National rank
$381,880
Avg per participant High balance/head
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Official DOL plan name: Trane Technologies Employee Savings Plan (Esp) · Sponsored by Trane Technologies Company LLC · North Carolina · Manufacturing

$7.5B in assets, 19,674 participants

Trane Technologies Company LLC's Trane Technologies Employee Savings Plan (Esp) reported $7.5B in total assets and 19,674 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • #17,692 in Manufacturing (17,777 peers)

Coverage in North Carolina

Trane Technologies Employee Savings Plan (Esp) covers 19,674 participants in North Carolina, 24x the typical North Carolina plan (state average ~819 per filing). Assets: $7.5B.

#17,692
in Manufacturing (17,777 peers)
+22.1%
assets growth YoY
75×
vs typical plan assets (national mean)

Trane Technologies Employee Savings Plan (Esp)'s outsized position by total assets

Trane Technologies Employee Savings Plan (Esp) vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$7,513,116,036 Highest reported value at or above every one of 123,620 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 2024

Trane Technologies Employee Savings Plan (Esp)'s mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Trane Technologies Employee Savings Plan (Esp) is a mega filing (19,674 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Trane Technologies Employee Savings Plan (Esp) end-of-year assets rose from $6.2B in the plan year 2023 filing to $7.5B in the plan year 2024 filing.
  • Trane Technologies Employee Savings Plan (Esp) reported net income rose from $1.2B in the plan year 2023 filing to $1.4B in the plan year 2024 filing.
  • Trane Technologies Employee Savings Plan (Esp) reported participants rose from 18,144 in the plan year 2023 filing to 19,674 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 135156640 · Trane Technologies Company LLC PY 2024 · 401(k)

Trane Technologies Employee Savings Plan (Esp) · $7.5B · 19,674 · 100th

  • EBSA $7.5B
  • PART 19,674
  • TYPE 100th
  • NET 401(k)
  • BOOK near Nestle 401(k) Savings Plan
  • VS-ST ind #17692

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 Employee Savings Plan (Esp) in the asset neighbourhood

Allstate 401(k) Savings Plan$7.6BTrane Technologies Employee Savings Plan (Esp)Trane Technologies Employee …$7.5BNestle 401(k) Savings Plan$7.5BSchlumberger Technology Corporation Savings and Retirement PlanSchlumberger Technology Corp…$7.4BMarsh & Mclennan Companies 401(k) Savings and Investment PlanMarsh & Mclennan Companies 4…$7.4B
End-of-year total assets ($B) among Trane Technologies Employee Savings Plan (Esp) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$6.2B
Net Assets (End of Year)$7.5B
Net Income$1.4B
Employer EIN135156640
Plan Effective Date2003-01-01
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 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Trane Technologies Employee Savings Plan (Esp) vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 020406080 Total assets ($B) Participants Trane Technologies Employee Savings Plan (Esp), Total assets ($B): 7.513116036 · Participants: 19674Trane Technologies Employee Savings Plan (Esp)The Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Trane Technologies Employee Savings Plan (Esp) vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Trane Technologies Employee Savings Plan (Esp) side-by-side with 3 peers →

Scale composition for Trane Technologies Employee Savings Plan (Esp)

Trane Technologies Employee Savings Plan (Esp) reports $7.5B in end-of-year assets across 19,674 participants (0.061% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.021% of 93,925,755 covered participants) - about $381,880 per participant (2.8x the national average assets-per-participant) . Net income for plan year 2024 was $1.4B.

This plan identity (EIN 135156640, plan #078) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.0B to $7.5B (+51.2%) while covered participants moved from 17,017 to 19,674 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 17,017 $5.0B Open filing
2023 18,144 $6.2B Open filing
2024 · index core 19,674 $7.5B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Trane Technologies Employee Savings Plan (Esp)'s out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Nestle 401(k) Savings Plan in OH ($7.5B); by covered participants it is Ecolab Savings Plan and ESOP in MN (19,691 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (19,674 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Trane Technologies Employee Savings Plan (Esp) assets move in 2024? ▼
Trane Technologies Employee Savings Plan (Esp) grew sharply - up 22.1% during 2024, from $6.2B to $7.5B. Reported net income was $1.4B.
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 Employee Savings Plan (Esp) rank by assets among Form 5500 filers? ▼
Trane Technologies Employee Savings Plan (Esp) ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Trane Technologies Employee Savings Plan (Esp)? ▼
Among 401(k) plans in other states, the closest by assets is Nestle 401(k) Savings Plan in OH ($7.5B, 30,677 participants).
Which 401(k) plans cover a similar participant headcount to Trane Technologies Employee Savings Plan (Esp)? ▼
Among 401(k) plans in other states, the closest by covered participants is Ecolab Savings Plan and ESOP in MN (19,691 participants, $4.2B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.