Defined Benefit (Pension) · DOL Form 5500 · 2023

Eastman Chemical Company Pension Plan

Data updated 2026-08-25

$1.4B
Total assets Very large vs avg
3,245
Participants Above avg headcount
99th
Percentile by assets National rank
$416,497
Avg per participant High balance/head
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Official DOL plan name: Eastman Retirement Assistance Plan · Sponsored by Eastman Chemical Company · Tennessee · Manufacturing

$1.4B in assets, 3,245 participants

Eastman Chemical Company's Eastman Retirement Assistance Plan reported $1.4B in total assets and 3,245 participants in its 2023 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #18,364 in Manufacturing (18,722 peers)

Coverage in Tennessee

Eastman Retirement Assistance Plan covers 3,245 participants in Tennessee, 2.9x the typical Tennessee plan (state average ~1,126 per filing). Assets: $1.4B.

#18,364
in Manufacturing (18,722 peers)
+11.2%
assets growth YoY
14×
vs typical plan assets (national mean)

The plan reported a net loss of $37M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Eastman Retirement Assistance Plan's outsized position by total assets

Eastman Retirement Assistance Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,351,532,078 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Eastman Retirement Assistance Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Eastman Retirement Assistance Plan lands in the large band (3,245 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Eastman Retirement Assistance Plan reported net income rose from -$405M in the plan year 2022 filing to -$37M in the plan year 2023 filing.
  • Eastman Retirement Assistance Plan end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.4B in the plan year 2023 filing.
  • Eastman Retirement Assistance Plan reported participants fell from 3,484 in the plan year 2022 filing to 3,245 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 621539359 · Eastman Chemical Company PY 2023 · Defined Benefit (Pension)

Eastman Retirement Assistance Plan · $1.4B · 3,245 · 99th

  • EOY $1.4B
  • 5500 3,245
  • ASSETS 99th
  • PCT Defined Benefit (Pension)
  • EIN near Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada
  • RANK ind #18364

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Tennessee →

Eastman Retirement Assistance Plan in the asset neighbourhood

The Guardian Home Office Employees' Retirement PlaThe Guardian Home Office Emp…$1.4BWestern Washington Laborers-Employers Pension PlanWestern Washington Laborers-…$1.4BEastman Retirement Assistance PlanEastman Retirement Assistanc…$1.4BSheet Metal Workers' Pension Plan of Southern California Arizona and NevadaSheet Metal Workers' Pension…$1.3BColgate-Palmolive Company Employees' Retirement Income PlanColgate-Palmolive Company Em…$1.3B
End-of-year total assets ($B) among Eastman Retirement Assistance Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.4B
Net Income-$37M
Employer EIN621539359
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Eastman Chemical Company)

Sponsor-wide plan assets over time

All Eastman Chemical Company plans reported in each filing year

Latest sponsor-wide plan assets
$4.8B 10.515212393505383% vs 2022
2024 filing year
$4.2B$4.4B$4.6B$4.8B$5B 202220232024 $4.36B $4.82B ▲ +10.6%
Year Plans Participants Total Assets
2022 2 14,069 $4.4B
2023 2 14,067 $4.7B
2024 2 13,420 $4.8B

Nearby Defined Benefit (Pension) Plans in Tennessee

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Eastman Retirement Assistance Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 0102030 Total assets ($B) Participants Eastman Retirement Assistance Plan, Total assets ($B): 1.351532078 · Participants: 3245Eastman Retirement Assistance PlanFedex Corporation Employees' Pension Plan, Total assets ($B): 26.580798454 · Participants: 139031Fedex Corporation Employees' Pension PlanRetirement Plan of International Paper Company, Total assets ($B): 8.836549756 · Participants: 20164Retirement Plan of International Paper CompanyPace Industry Union-Management Pension Fund, Total assets ($B): 2.707920528 · Participants: 3192Pace Industry Union-Management Pension FundPension Plan for Employees at Ornl, Total assets ($B): 2.456364769 · Participants: 5801Pension Plan for Employees at OrnlRetirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee, Total assets ($B): 2.074583545 · Participants: 2710Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee
Eastman Retirement Assistance Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants

Eastman Retirement Assistance Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Tennessee, the nearest Defined Benefit (Pension) by assets is Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada in CA ($1.3B); by covered participants it is Pension Plan of the Chubb Corporation in PA (3,245 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,245 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Eastman Retirement Assistance Plan assets move in 2023?
Eastman Retirement Assistance Plan grew at a solid clip - up 11.2% during 2023, from $1.2B to $1.4B. Reported net income was -$37M.
How have Eastman Chemical Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Eastman Chemical Company's sponsor-wide assets grew 10.5%, from $4.4B to $4.8B.
Where does Eastman Retirement Assistance Plan rank by assets among Form 5500 filers?
Eastman Retirement Assistance Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Eastman Retirement Assistance Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada in CA ($1.3B, 5,299 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Eastman Retirement Assistance Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan of the Chubb Corporation in PA (3,245 participants, $3.7B in assets).