Trane U.S. Inc.

Davidson, NC ManufacturingNAICS 332900

Self-funded health planPlan year 2025Renews January
8,062Participants+67% vs. prior year
$19.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#6 of 85Manufacturing in NCBy participants

Overview

Trane U.S. Inc. sponsors a self-funded health plan that covered 8,062 participants in plan year 2025, up 67% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, short-term disability, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
8,062 · prior year 4,819
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Trane Employee Welfare Benefit Plan, plan 701 (8,062 participants)
Broker compensation
$683K across insured contracts
MedicalLife insuranceDentalShort-term disabilityLong-term disability

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Prudential Insurance Company of AmericaLife, Short-term disability, Long-term disability34,238$26.3M$358K
Continental American Insurance CompanyShort-term disability10,239$2.9M$325K
Zurich American Insurance CompanyBusiness Travel Accident28,429——

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$19.1M/ year

Estimated prescription spend: 8,062 participants × $2,371 national average per member. Usually higher once dependents are counted.

$497K–$1.2M/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$145K–$363K
Lower-cost therapeutic alternatives$212K–$443K
Generic pricing vs. actual cost$92K–$275K
PBM contract terms$48K–$143K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Trane U.S. Inc.
Sponsor EIN
25-0900465
Plan number
701
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 25-0900465 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
The Trane Merged Hourly Pension Plan
Type
Pension plan
Participants
13,180

About this data

Source: Trane U.S. Inc.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Trane U.S. Inc..

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