Defined Benefit (Pension) · DOL Form 5500 · 2024
Trane U.S. Inc. Pension Plan
Data updated 2026-08-11
- $14M
- Total assets
- 1,171
- Participants
- 64th
- Percentile by assets
- $12,333
- Avg per participant
Official DOL plan name: Trane Pension Plan · Sponsored by Trane U.S. Inc. · North Carolina · Manufacturing
$14M in assets, 1,171 participants
Trane U.S. Inc.'s Trane Pension Plan reported $14M in total assets and 1,171 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.
- 64th percentile by assets (of 123,622 plans)
- #9,137 in Manufacturing (17,777 peers)
2024 asset change
Trane Pension Plan pulled back noticeably 12.0% in 2024 ($16M → $14M) for 1,171 participants.
- $14M
- total plan assets (2024 EOY)
- 1,171
- covered participants
- 64th
- percentile by assets (of 123,622 plans)
- $12,333
- avg assets per participant
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Trane Pension Plan reported net income fell from -$722K in the plan year 2023 filing to -$2M in the plan year 2024 filing.
- Trane Pension Plan end-of-year assets fell from $16M in the plan year 2023 filing to $14M in the plan year 2024 filing.
- Trane Pension Plan reported participants fell from 1,265 in the plan year 2023 filing to 1,171 in the plan year 2024 filing.
2024 asset move for Trane Pension Plan
Year over year, total assets pulled back noticeably from $16M at the start of 2024 to $14M at year-end (down 12.0%). Net assets closed at $14M; reported net income -$2M.
Trane U.S. Inc. years around the 2024 move
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 8,212 | $950M |
| 2023 | 4 | 7,821 | $1.0B |
| 2024 | 4 | 7,468 | $989M |
2024 asset-move particulars
| Total Assets (Beginning of Year) | $16M |
|---|---|
| Net Assets (End of Year) | $14M |
| Net Income | -$2M |
| Employer EIN | 250900465 |
| Plan Effective Date | 2003-09-01 |
| Filing Status | FILING RECEIVED |
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
- 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Trane Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Trane Pension Plan assets move in 2024? ▼
How have Trane U.S. Inc. plan assets changed over time? ▼
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Next read for Trane Pension Plan
2024 change
Ways to act on Trane Pension Plan's numbers.
- By total assets, Trane Pension Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in North Carolina. Compare plans
- Trane U.S. Inc.'s sponsor-wide assets have grown 4.1% since 2022 across 3 plan years on file. More Manufacturing plans