Defined Benefit (Pension) · DOL Form 5500 · 2024
Trane Technologies Company LLC Pension Plan
Data updated 2026-08-25
- $777M
- Total assets Above avg plan size
- 4,934
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $157,415
- Avg per participant Above avg balance/head
Official DOL plan name: Trane Technologies Pension Plan Number One B · Sponsored by Trane Technologies Company LLC · North Carolina · Manufacturing
$777M in assets, 4,934 participants
Trane Technologies Company LLC's Trane Technologies Pension Plan Number One B reported $777M in total assets and 4,934 participants in its 2024 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.
- #17,214 in Manufacturing (17,777 peers)
Coverage in North Carolina
Trane Technologies Pension Plan Number One B covers 4,934 participants in North Carolina, 6.0x the typical North Carolina plan (state average ~819 per filing). Assets: $777M.
- #17,214
- in Manufacturing (17,777 peers)
- -4.8%
- assets change YoY
- 7.8×
- vs typical plan assets (national mean)
The plan reported a net loss of $65M 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 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 2024 · DOL Form 5500
$776,687,452 Top 2% higher than 98% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Trane Technologies Pension Plan Number One B's large-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 Pension Plan Number One B lands in the large band (4,934 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Trane Technologies Pension Plan Number One B reported net income fell from $11M in the plan year 2023 filing to -$65M in the plan year 2024 filing.
- Trane Technologies Pension Plan Number One B reported participants fell from 5,332 in the plan year 2023 filing to 4,934 in the plan year 2024 filing.
- Trane Technologies Pension Plan Number One B end-of-year assets fell from $816M in the plan year 2023 filing to $777M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 135156640 · Trane Technologies Company LLC PY 2024 · Defined Benefit (Pension)
Trane Technologies Pension Plan Number One B · $777M · 4,934 · 98th
- PHOTO $777M
- IND 4,934
- EOY 98th
- 5500 Defined Benefit (Pension)
- ASSETS near Pavers & Road Builders DC Pension Fund
- PCT ind #17214
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
North Carolina filing particulars
| Total Assets (Beginning of Year) | $816M |
|---|---|
| Net Assets (End of Year) | $776M |
| Net Income | -$65M |
| Employer EIN | 135156640 |
| Plan Effective Date | 2023-01-01 |
| Filing Status | FILING 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
| 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.
- Honeywell Retirement Earnings Plan $16.6B · 9,923
- Truist Financial Corporation Pension Plan $14.7B · 38,548
- Duke Energy Retirement Cash Balance Plan $4.7B · 13,576
- Employees' Retirement Plan of Duke University $2.8B · 22,655
- The Hearst Corporation Retirement Plan $2.4B · 1,745
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 Pavers & Road Builders DC Pension Fund in NY ($776M); by covered participants it is U.S. Bank Legacy Pension Plan in MN (4,950 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($777M here).
- Pavers & Road Builders DC Pension Fund (NY) $776M · 1,998
- AFL-CIO Staff Retirement Plan (DC) $776M · 1,161
- Cement Masons Pension Trust Fund for Northern California (CA) $775M · 2,904
- SEIU Local 1 & Participating Employers Pension Trust (IL) $774M · 8,986
Similar participant headcount
Nearest other-state filings by covered participants (4,934 participants); asset peers above are excluded.
- U.S. Bank Legacy Pension Plan (MN) 4,950 · 16 off
- Centerpoint Energy Retirement Plan (TX) 4,963 · 29 off
- The University of Chicago Pension Plan for Staff Employees (IL) 4,978 · 44 off
- Ufcw Local 1262 & Employers Pension Fund (NJ) 4,882 · 52 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.