Trane Technologies Company LLCbenefits

Trane Technologies Company LLC's benefits plans covered 21,746 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · vision. Insurance premiums totaled $1,958,551. Insurance brokers and agents were paid $1,249,928 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 63.8% of premiums. That is $57 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 39% from $899,152 in 2023.