2023 Form 5500 filing — Eastman Investment & Employee Stock Ownership Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20250617163428NAL0001019107001) for Eastman Investment & Employee Stock Ownership Plan, reported by Eastman Chemical Company under EIN 62-1539359 and plan number 002. It reports 16,119 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250617163428NAL0001019107001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Eastman Chemical Company
- EIN
- 62-1539359
- Plan number
- 002
- Location
- Kingsport, TN
- Participants
- 16,119
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,393,249,277
- Total liabilities (EOY)
- $2,780,591
- Net assets (EOY)
- $3,390,468,686
- Employer contributions
- $76,833,194
- Participant contributions
- $113,872,496
- Total income / additions
- $656,343,504
- Benefits paid
- $405,222,177
- Administrative expenses
- $798,156
- Total expenses
- $406,020,333
- Net increase / (decrease)
- $250,323,171
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $517,365 | $0 |
| Mercer Investments LLC | INVESTMENT ADVISOR | $75,000 | not reported in the loaded dataset |
| Mercer Investments LLC | INVESTMENT ADVISOR | $37,500 | not reported in the loaded dataset |
| Mercer | INVESTMENT ADVISOR | $37,500 | not reported in the loaded dataset |
| Towers Watson | CONSULTANT | $35,337 | not reported in the loaded dataset |
| Armanino Llp | ACCOUNTANT/AUDITOR | $24,578 | not reported in the loaded dataset |
| Mcguire Woods Llp | ATTORNEY/LEGAL | $21,369 | not reported in the loaded dataset |
| Luttrell Staffing Group | OTHER SERVICES | $7,998 | not reported in the loaded dataset |