BrightScope Rating
Company:
Eastman Chemical Company
Plan:
Eastman Investment and Employee Stock Ownership Plan
Eastman Chemical Company
77
Plan:
Eastman Investment and Employee Stock Ownership Plan
6
59
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (77) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $312,900 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan
and do not take into account other retirement plans and programs offered by this employer.
Plan Description
Eastman Investment and Employee Stock Ownership Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 77, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Salary Deferrals, Total Plan Cost, and Account Balances. Eastman Investment and Employee Stock Ownership Plan currently has over 10,000 active participants and over $1.2B in plan assets.
Plan Details
| Address | P. O. Box 1975 Kingsport, TN 37662 |
| Industry | Basic Chemical Mfg |
| Administrator | Russell M. Brogden |
| Net Plan Assets | $1,250,000,000 |
| Total Participants | 15,000 |
| Avg Account Balance | $86,000 |
Top 3 Investment Holdings
| 1. | Fidelity Managed Income Portfolio | 37% |
| 2. | Eastman Chemical Company Common Stock | 10% |
| 3. | Fidelity Contrafund | 9% |
Other Companies in Peer Group
| Genentech | 84.8 |
| Air Products and Chemicals | 78.9 |
| Rohm and Haas Company | 75.2 |
| Michelin North America | 72.5 |
| The Goodyear Tire & Rubber Company | 69.2 |
| USG | 61.2 |
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