401(k) · DOL Form 5500 · 2023
Eastman Chemical Company 401(k) Plan
Data updated 2026-08-06
- $3.4B
- Total assets
- 10,822
- Participants
- 100th
- Percentile by assets
- $313,551
- Avg per participant
Official DOL plan name: Eastman Investment & Employee Stock Ownership Plan · Sponsored by Eastman Chemical Company · Tennessee · Manufacturing
$3.4B in assets, 10,822 participants
Eastman Chemical Company's Eastman Investment & Employee Stock Ownership Plan reported $3.4B in total assets and 10,822 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 126,618 plans)
- #18,518 in Manufacturing (18,672 peers)
Coverage in Tennessee
Eastman Investment & Employee Stock Ownership Plan covers 10,822 participants in Tennessee, 9.6x the typical Tennessee plan (state average ~1,122 per filing). Assets: $3.4B.
- $3.4B
- total plan assets (2023 EOY)
- 10,822
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $313,551
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Eastman Investment & Employee Stock Ownership Plan reported net income rose from -$679M in the plan year 2022 filing to $250M in the plan year 2023 filing.
- Eastman Investment & Employee Stock Ownership Plan end-of-year assets rose from $3.1B in the plan year 2022 filing to $3.4B in the plan year 2023 filing.
- Eastman Investment & Employee Stock Ownership Plan reported participants rose from 10,585 in the plan year 2022 filing to 10,822 in the plan year 2023 filing.
Participants vs Tennessee filers
In Tennessee, the average filing covers about 1,122 participants across 2,228 plans. Eastman Investment & Employee Stock Ownership Plan reports 10,822 participants - 9.6x that state average ($3.4B EOY assets).
Tennessee filing particulars
| Total Assets (Beginning of Year) | $3.1B |
|---|---|
| Net Assets (End of Year) | $3.4B |
| Net Income | $250M |
| Employer EIN | 621539359 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Eastman Chemical Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 14,069 | $4.4B |
| 2023 | 2 | 14,067 | $4.7B |
| 2024 | 2 | 13,420 | $4.8B |
Nearby 401(k) Plans in Tennessee
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Eastman Investment & Employee Stock Ownership Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
- Fedex Corporation Retirement Savings Plan $23.9B · 127,010
- Hca 401(k) Plan $21.5B · 291,649
- Federal Express Corporation Pilots Retirement Savings Plan $4.7B · 5,728
- International Paper Company Salaried Savings Plan $4.6B · 12,153
- Chs/Community Health Systems, Inc. Retirement Savings Plan $4.5B · 62,487
Scale composition for Eastman Investment & Employee Stock Ownership Plan
Eastman Investment & Employee Stock Ownership Plan reports $3.4B in end-of-year assets across 10,822 participants (0.029% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.012% of 89,805,449 covered participants) - about $313,551 per participant (2.3x the national average assets-per-participant) . Net income for plan year 2023 was $250M.
This plan identity (EIN 621539359, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.1B to $3.5B (+12.8%) while covered participants moved from 10,585 to 10,535 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 10,585 | $3.1B | Open filing |
| 2023 | 10,822 | $3.4B | This page |
| 2024 · index core | 10,535 | $3.5B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Eastman Investment & Employee Stock Ownership Plan (401(k), $3.5B, 10,535 participants)
- Eastman Retirement Assistance Plan (Defined Benefit (Pension), $1.3B, 2,885 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Eastman Investment & Employee Stock Ownership Plan by total assets, not by location.
- Zurich Savings Plan (IL) $3.4B · 9,352
- The 401(k) Plan (TX) $3.4B · 26,627
- Anheuser-Busch 401(k) Savings and Retirement Plan (MO) $3.4B · 15,250
- Gilead Sciences 401(k) Plan (CA) $3.5B · 10,757
Frequently Asked Questions
How did Eastman Investment & Employee Stock Ownership Plan assets move in 2023? ▼
How have Eastman Chemical Company plan assets changed over time? ▼
Where does Eastman Investment & Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Eastman Investment & Employee Stock Ownership Plan? ▼
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Filing takeaways
Ways to act on Eastman Investment & Employee Stock Ownership Plan's numbers.
- By total assets, Eastman Investment & Employee Stock Ownership Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Tennessee. Compare plans
- Eastman Chemical Company's sponsor-wide assets have grown 10.5% since 2022 across 3 plan years on file. More Manufacturing plans