Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Eastman Chemical
Eastman Chemical 401(k)
- EMN NYSE
- Manufacturing
- Kingsport, TN
- EIN 62-1539359
- 1 plan with Schedule H financials
- Plan year 2024
- Eastman Chemical Company
- SEC registrant Eastman Chemical Co
Administrative expenses excluding investment management, per participant · Eastman Investment & Employee Stock Ownership Plan · plan year 2024
$30.05
Higher than 27% of the 1,045 plans over $1B that report it.
Source
= $447,278 / 14,882
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014222851NAL0007526322001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014222851NAL0007526322001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-14.
Cost and contributions
Administrative expenses per participant
$42.67
Higher than 24% of the 1,076 plans over $1B that report it.
Source
= $634,966 / 14,882
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014222851NAL0007526322001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014222851NAL0007526322001, received 2025-10-14
Administrative expenses as a share of assets
0.018%
Higher than 15% of the 1,076 plans over $1B that report it.
Source
= $634,966 / $3,544,385,127
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014222851NAL0007526322001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014222851NAL0007526322001, received 2025-10-14
Employer contributions per participant
$5,427
Higher than 72% of the 1,135 plans over $1B that report it.
Source
= $80,762,338 / 14,882
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014222851NAL0007526322001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014222851NAL0007526322001, received 2025-10-14
Employer share of total contributions
39.2%
Higher than 72% of the 1,135 plans over $1B that report it.
Source
= $80,762,338 / $206,006,840
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014222851NAL0007526322001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014222851NAL0007526322001, received 2025-10-14
Plan terms, as stated in Eastman Chemical Company's SEC filings
Eligibility
“All United States employees of Eastman, with the exception of certain limited-service and special program employees, and employees covered by a collective bargaining agreement with the Company, unless the collective bargaining agreement or the Plan specifically provides for participation, are eligible to participate in the Plan on their first day of employment with Eastman.”
Form 11-K filed 2026-06-25, for the year ended 2025-12-31 · plan description note, general (fallback) · source document
Vesting
“Each participant is at all times 100% vested in their account, with the exception of amounts transferred from other plans, which may continue to be subject to the former plans' vesting requirements, as applicable.”
Form 11-K filed 2026-06-25, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“On or after January 1, 2007, each eligible employee hired by the Company will be automatically enrolled as a participant in the Eastman Investment Plan ("EIP") portion of the Plan.”
Form 11-K filed 2026-06-25, for the year ended 2025-12-31 · plan description note, general · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2O ESOP-related feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014222851NAL0007526322001, received 2025-10-14
Full record, Eastman Investment & Employee Stock Ownership Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | EASTMAN CHEMICAL COMPANY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Plan name | EASTMAN INVESTMENT & EMPLOYEE STOCK OWNERSHIP PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Sponsor EIN / plan number | 62-1539359 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Sponsor location | KINGSPORT, TN | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Industry (business code) | 325100, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Participants, beginning of year | 15,910 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Active participants | 10,253 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Participants, end of year | 15,343 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Participants with an account balance | 14,882 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Total assets, beginning of year | $3,393,249,277 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Total assets, end of year | $3,544,385,127 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Net assets, end of year | $3,542,003,606 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Total income | $612,955,401 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Net income | $151,534,920 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Employer contributions | $80,762,338 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Participant contributions | $125,244,502 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Total contributions | $206,006,840 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Benefit payments | $460,712,412 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $461,420,481 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Total administrative expenses | $634,966 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Contract administrator fees | $417,581 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Investment advisory and management fees | $187,688 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Administrative expenses excluding investment management | $447,278 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Held in common/collective trusts | $2,213,427,763 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Held in mutual funds | $169,870,431 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014222851NAL0007526322001, received 2025-10-14 |
| Independent auditor | CROWE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014222851NAL0007526322001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014222851NAL0007526322001, received 2025-10-14.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $417,581 | yes |
| MERCER INVESTMENTS LLC | INVESTMENT ADVISOR | 16 Consulting (general); 27 Investment advisory (plan) | $112,688 | no |
| MERCER INVESTMENTS LLC | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $37,500 | no |
| MERCER | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $37,500 | no |
| MCGUIRE WOODS LLP | ATTORNEY/LEGAL | 29 Legal | $29,697 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251014222851NAL0007526322001, received 2025-10-14.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $3,393,249,277 | $3,544,385,127 | 4.5% |
| Participants with a balance | 15,460 | 14,882 | -3.7% |
| Administrative expenses | $798,156 | $634,966 | -20.4% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $76,833,194 | $80,762,338 | 5.1% |
Prior filing 20250617163428NAL0001019107001, received 2025-06-17; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: EASTMAN CHEMICAL COMPANY; SEC registrant: EASTMAN CHEMICAL CO (CIK 915389, matched by EIN; display name from the Form 11-K cover).