Defined Benefit (Pension) · DOL Form 5500 · 2024
Trane U.S. Inc. Pension Plan
Data updated 2026-08-25
- $726M
- Total assets Above avg plan size
- 1,100
- Participants Near avg headcount
- 98th
- Percentile by assets National rank
- $660,222
- Avg per participant High balance/head
Official DOL plan name: The Trane Merged Hourly Pension Plan · Sponsored by Trane U.S. Inc. · North Carolina · Manufacturing
$726M in assets, 1,100 participants
Trane U.S. Inc.'s The Trane Merged Hourly Pension Plan reported $726M in total assets and 1,100 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.
- #17,191 in Manufacturing (17,777 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, $726M for 1,100 participants (~$660,222/participant), down 6.3% in 2024.
- #17,191
- in Manufacturing (17,777 peers)
- -6.3%
- assets change YoY
- 7.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $49M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
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 2024 · DOL Form 5500
$726,244,610 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
The Trane Merged Hourly Pension Plan'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. The Trane Merged Hourly Pension Plan lands in the large band (1,100 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Trane Merged Hourly Pension Plan reported net income fell from $17M in the plan year 2023 filing to -$49M in the plan year 2024 filing.
- The Trane Merged Hourly Pension Plan reported participants fell from 1,183 in the plan year 2023 filing to 1,100 in the plan year 2024 filing.
- The Trane Merged Hourly Pension Plan end-of-year assets fell from $775M in the plan year 2023 filing to $726M in the plan year 2024 filing.
DOL schedule card
Filing strip 250900465 · Trane U.S. Inc. PY 2024 · Defined Benefit (Pension)
The Trane Merged Hourly Pension Plan · $726M · 1,100 · 98th
- PCT $726M
- PCT 1,100
- PCT 98th
- PCT Defined Benefit (Pension)
- PCT near One Gas, Inc. Retirement Plan
- PCT ind #17191
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
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $775M |
|---|---|
| Net Assets (End of Year) | $726M |
| Net Income | -$49M |
| Employer EIN | 250900465 |
| Plan Effective Date | 1956-01-01 |
| Filing Status | FILING 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
| 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.
- 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
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 One Gas, Inc. Retirement Plan in OK ($726M); by covered participants it is Indiana Teamsters Pension Plan in IN (1,101 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($726M here).
- One Gas, Inc. Retirement Plan (OK) $726M · 670
- Texas Children's Hospital Cash Balance Pension Plan (TX) $726M · 13,281
- National Basketball Association Players' Pension Plan (IN) $725M · 520
- Ohio Farmers Insurance Company Pension Plan (OH) $728M · 2,247
Similar participant headcount
Nearest other-state filings by covered participants (1,100 participants); asset peers above are excluded.
- Indiana Teamsters Pension Plan (IN) 1,101 · 1 off
- DC 37 Local 389 Home Care Employees Pension Fund (NY) 1,099 · 1 off
- Redstone Federal Credit Union Defined Benefit Plan (AL) 1,097 · 3 off
- The Hospital for Special Surgery Retirement Plan (NY) 1,097 · 3 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.