The Trackpad section missing from System Settings on your main account after updating to macOS 27.0.1 is a user profile preference corruption or plist file glitch (similar bugs have been reported). Because it works fine on your backup administrator account, your hardware is fine.
How to Fix the Missing Trackpad Settings and Gestures:
Delete Corrupted Trackpad Preference Files
Since your main user profile's preference files are likely stuck or corrupted from the update, you need to delete them and let macOS rebuild them:
- Open Finder.
- From the top menu bar, click Go > Go to Folder... (or press Cmd + Shift + G).
- Type or paste the following then press return.
~/Library/Preferences
- Locate and delete these specific files (if present):
- com.apple.AppleMultitouchTrackpad.plist
- com.apple.preference.trackpad.plist
- com.apple.driver.AppleBluetoothMultitouch.trackpad.plist (if using an external trackpad)
- Empty your Trash and restart your Mac
If that does not correct then issue, then boot in safe mode. That process performs some system cleanup and clears caches, and also disables 3rd party extensions that may cause problems.
Start up your Mac in safe mode - Apple Support