Eastman Investment & Employee Stock Ownership Plan — Form 5500 plan (Eastman Chemical Company)
Plain-English plan 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, Eastman Investment & Employee Stock Ownership Plan is a benefit plan reported by Eastman Chemical Company under EIN 62-1539359 and plan number 002. The latest loaded filing year is 2023. The filing reports 16,119 participants and $3,393,249,277 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Eastman Chemical Company
- EIN
- 62-1539359
- Plan number
- 002
- Plan type
- 2
- Location
- Kingsport, TN
- Latest filing year
- 2023
- Participants
- 16,119
- End-of-year plan assets
- $3,393,249,277
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 16,119 | H, C | 20250617163428NAL0001019107001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,393,249,277
- Total liabilities (EOY)
- $2,780,591
- Net assets (EOY)
- $3,390,468,686
- Net assets (BOY)
- $3,140,145,515
Income & contributions
- Employer contributions
- $76,833,194
- Participant contributions
- $113,872,496
- Total contributions
- $201,182,153
- Total income / additions
- $656,343,504
Expenses & distributions
- Benefits paid
- $405,222,177
- Administrative expenses
- $798,156
- Total expenses
- $406,020,333
- Net increase / (decrease)
- $250,323,171
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $517,365 | $0 | 2023 |
| Mercer Investments LLC | INVESTMENT ADVISOR | $75,000 | not reported in the loaded dataset | 2023 |
| Mercer Investments LLC | INVESTMENT ADVISOR | $37,500 | not reported in the loaded dataset | 2023 |
| Mercer | INVESTMENT ADVISOR | $37,500 | not reported in the loaded dataset | 2023 |
| Towers Watson | CONSULTANT | $35,337 | not reported in the loaded dataset | 2023 |
| Armanino Llp | ACCOUNTANT/AUDITOR | $24,578 | not reported in the loaded dataset | 2023 |
| Mcguire Woods Llp | ATTORNEY/LEGAL | $21,369 | not reported in the loaded dataset | 2023 |
| Luttrell Staffing Group | OTHER SERVICES | $7,998 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Eastman Chemical Company
- 2023 Form 5500 filing
- Form 5500 filings in TN
- 401(k) and benefit plan filings in Kingsport, TN
- Fidelity Investments Institutional — Schedule C compensation
- Mercer Investments LLC — Schedule C compensation
- Mercer — Schedule C compensation
- Towers Watson — Schedule C compensation
- Armanino Llp — Schedule C compensation
- Mcguire Woods Llp — Schedule C compensation
- Luttrell Staffing Group — Schedule C compensation