2023 Form 5500 filing — Firstenergy Corp Welfare 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 20241014214653NAL0047563472001) for Firstenergy Corp Welfare Plan, reported by Firstenergy Corp under EIN 34-1843785 and plan number 501. It reports 14,273 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014214653NAL0047563472001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Firstenergy Corp
- EIN
- 34-1843785
- Plan number
- 501
- Location
- Akron, OH
- Participants
- 14,273
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $525,912,377
- Total liabilities (EOY)
- $16,227,218
- Net assets (EOY)
- $509,685,159
- Employer contributions
- $147,079,646
- Participant contributions
- $27,338,617
- Total income / additions
- $241,969,456
- Benefits paid
- $180,335,136
- Administrative expenses
- $7,812,463
- Total expenses
- $188,147,599
- Net increase / (decrease)
- $53,821,857
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Community Insurance Company | NONE | $7,126,835 | not reported in the loaded dataset |
| State Street Global Advisors | INVEST MANAGER | $499,099 | not reported in the loaded dataset |
| Medical Mutual Services | NONE | $60,149 | not reported in the loaded dataset |
| Prudential Insurance Company Of Ame | NONE | $35,088 | not reported in the loaded dataset |