Trane Technologies 401(k) match: 6% max
Trane Technologies Employee Savings Plan · TT · CIK 1466258
Maximum employer match, as a share of pay
6%
Trane Technologies matches 100% (dollar-for-dollar) of the first 6% of pay.
Trane Technologies filed four Form 11-K reports for plan year 2025, of which one has been read. The other three reports have not, so this page cannot say what the plans they cover pay.
From the Form 11-K filed June 22, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · what the plan reports to the DOL · how it compares · what to do next
What Trane Technologies puts in, and what the plan costs
What Trane Technologies put into the plan, per active participant
$8,142
Trane Technologies put $8,142 into this plan for each of its 21,584 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
Trane Technologies put in more per active participant than 95% of plans with 5,000+ participants in industrial and materials manufacturing. The middle plan in that group of 178 reported $3,585. Industrial and materials manufacturing comes from business code 333200, which Trane Technologies entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
What this figure cannot separate: how much Trane Technologies pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 135156640, plan 078 · DOL EFAST2 ↗
The $8,142 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. Trane Technologies also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $2,970 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What Trane Technologies puts in
$2,970
a year, at a $49,500 salary.
The match paragraph, word for word
“The Company contributes via matching and non-matching contributions to the Plan. Company matching contributions are 100% of participants’ contributions up to 6% of eligible compensation, as defined. All matching contributions are made in cash and invested in the same manner as the participant contributions. Additionally, participants receive a non-matching company contribution of 2% of eligible compensation, as defined.”
What you contribute to collect all of it
Contribute at least 6% of your pay to collect the full match.
That is $2,970 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 253 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participants are vested immediately in their elective contributions plus actual earnings thereon. The Company’s matching contribution portion of participants’ accounts is also immediately vested. Company non-matching contributions are vested after 3 years of service or upon attainment of age 65 while employed, or death or disability (as defined by the Plan) while employed.”
The plan tops the match up after year end, so contributing unevenly through the year does not cost the worker part of it.
The same match paragraph, word for word
“The Company contributes via matching and non-matching contributions to the Plan. Company matching contributions are 100% of participants’ contributions up to 6% of eligible compensation, as defined. All matching contributions are made in cash and invested in the same manner as the participant contributions. Additionally, participants receive a non-matching company contribution of 2% of eligible compensation, as defined.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
Not reported
The Form 5500 filing does not report the plan-paid administrative expenses this figure needs.
What is Trane Technologies' 401(k) match formula?
Trane Technologies' 401(k) employer match tops out at 6% of pay. The plan pays an annual true-up. What an annual true-up repays is the arithmetic behind that line: it matters most in a year when contributions land unevenly.
| Match formula | 100% (dollar-for-dollar) of the first 6% of pay |
|---|---|
| Maximum employer match | 6% of compensation |
| True-upA year-end recalculation that repays match lost to uneven contributions. | Yes, annual true-up |
| Paid in company stock | No, paid in cash or per your investment elections |
| Conditions | The Plan has a match true-up provision; effective January 1, 2026 it was modified to make highly compensated employees who terminate during the plan year due to retirement or death eligible to receive the true-up contribution |
| Other employer contribution | Non-matching company contribution of 2% of eligible compensation, made in cash and invested in the same manner as participant contributions |
At a $75,000 salary, contributing 6% ($4,500) earns the full employer match of $4,500 for the year.
What the filing says, word for word
“The Company contributes via matching and non-matching contributions to the Plan. Company matching contributions are 100% of participants’ contributions up to 6% of eligible compensation, as defined. All matching contributions are made in cash and invested in the same manner as the participant contributions. Additionally, participants receive a non-matching company contribution of 2% of eligible compensation, as defined.”
Source: Form 11-K filed June 22, 2026, SEC EDGAR · SEC ↗
What is Trane Technologies' 401(k) vesting schedule?
Trane Technologies vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Accelerated vesting | In the event of Plan termination, all affected participants would become 100% vested in any unvested Company contributions |
| Other employer contributions | Company non-matching contributions are vested after 3 years of service or upon attainment of age 65 while employed, or death or disability while employed |
Vesting, word for word
“Participants are vested immediately in their elective contributions plus actual earnings thereon. The Company’s matching contribution portion of participants’ accounts is also immediately vested. Company non-matching contributions are vested after 3 years of service or upon attainment of age 65 while employed, or death or disability (as defined by the Plan) while employed.”
Source: Form 11-K filed June 22, 2026, SEC EDGAR · SEC ↗
Who can join Trane Technologies' 401(k), and is enrollment automatic?
Trane Technologies enrolls new hires automatically at 4% of pay.
| Plan entry | Generally covers eligible employees of Trane Technologies Company LLC and its participating affiliates, as defined in the Plan |
|---|---|
| Automatic enrollment | Yes: default deferral 4% of pay; 35-day opt-out window; default investment: The applicable target retirement date fund corresponding to the employee's target retirement date based on date of birth, selected by the Benefits Investment Committee |
Eligibility, word for word
“The Plan is a defined contribution plan with a 401(k) feature generally covering eligible employees of the Company, as defined in the Plan.”
Automatic enrollment, word for word
“For those employees who are eligible to participate in the Plan, there is automatic enrollment whereby a new employee is automatically enrolled in the Plan with a 4% pre-tax contribution on eligible compensation, as defined, and such contribution is invested in a default investment option selected by the BIC. The current default investment is the applicable target retirement date fund corresponding to the employee's target retirement date based on date of birth. The employee has 35 days to opt out of auto-enrollment or to change their initial contribution percentage and investment election.”
Source: Form 11-K filed June 22, 2026, SEC EDGAR · SEC ↗
What does the Trane Technologies plan report on Form 5500?
The Trane Technologies plan reported $7.5B in assets and 26,064 participants for plan year 2024.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
| Plan named in the DOL record | Trane Technologies Employee Savings Plan (Esp) |
|---|---|
| Total plan assets | $7,513,116,036 |
| Participants | 26,064 |
| Recordkeeper | Fidelity Management Trust Company (Trustee); Fidelity Workplace Services LLC (Recordkeeper) |
How that cost compares
It is one of 6,008 plans in industrial and materials manufacturing in the Form 5500 data we publish.
How does Trane Technologies' 401(k) match compare?
Trane Technologies' maximum 401(k) match of 6% of pay compares with a median of 4.5% across the 181 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file in industrial and materials manufacturing, two land near Trane Technologies' maximum match and one vests on the same schedule.
Maximum match 6% of pay. Also in industrial and materials manufacturing.
Employer match vests immediately. Also in industrial and materials manufacturing.
Maximum match 6% of pay. Also in industrial and materials manufacturing.
Maximum match 6% of pay, level with Trane Technologies.
Maximum match 6% of pay, level with Trane Technologies.
Maximum match 4% of pay. Vests immediately too, like Trane Technologies.
What can you do next?
Check your own balance and contribution rate at Fidelity NetBenefits ↗, the recordkeeper this plan reports.
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 22, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
- Download this data (CSV)
Formula, vesting and source references for this company, one file.
Questions this filing answers
What is Trane Technologies' 401(k) match?
Trane Technologies matches 100% of employee contributions up to 6% of eligible pay (plan year ended December 31, 2025).
When does the Trane Technologies 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does Trane Technologies' 401(k) plan have automatic enrollment?
Yes: default deferral 4% of pay; 35-day opt-out window; default investment: The applicable target retirement date fund corresponding to the employee's target retirement date based on date of birth, selected by the Benefits Investment Committee.
Cite: 401(k) Monitor, “Trane Technologies 401(k) plan facts”, from SEC Form 11-K accession 0001628280-26-044669, plan year ended 2025-12-31.