2023 Form 5500 filing — Firstenergy Corp. Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240702054409NAL0006771152001) for Firstenergy Corp. Savings Plan, reported by Firstenergy Corp. under EIN 34-1843785 and plan number 002. It reports 16,607 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240702054409NAL0006771152001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Firstenergy Corp.
- EIN
- 34-1843785
- Plan number
- 002
- Location
- Akron, OH
- Participants
- 16,607
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,700,731,428
- Total liabilities (EOY)
- $27,464,385
- Net assets (EOY)
- $3,673,267,043
- Employer contributions
- $42,006,181
- Participant contributions
- $143,093,595
- Total income / additions
- $635,250,364
- Benefits paid
- $430,676,680
- Administrative expenses
- $4,071,065
- Total expenses
- $434,944,754
- Net increase / (decrease)
- $200,305,610
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $1,220,801 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $283,234 | $0 |
| Captrust | CONSULTANT | $182,937 | not reported in the loaded dataset |