Plan5500

Firstenergy Corp. Savings Plan — Form 5500 plan (Firstenergy Corp.)

Plain-English plan 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, Firstenergy Corp. Savings Plan is a benefit plan reported by Firstenergy Corp. under EIN 34-1843785 and plan number 002. The latest loaded filing year is 2023. The filing reports 16,607 participants and $3,700,731,428 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Firstenergy Corp.
EIN
34-1843785
Plan number
002
Plan type
2
Location
Akron, OH
Latest filing year
2023
Participants
16,607
End-of-year plan assets
$3,700,731,428

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202316,607H, C20240702054409NAL0006771152001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$3,700,731,428
Total liabilities (EOY)
$27,464,385
Net assets (EOY)
$3,673,267,043
Net assets (BOY)
$3,472,961,433

Income & contributions

Employer contributions
$42,006,181
Participant contributions
$143,093,595
Total contributions
$194,786,511
Total income / additions
$635,250,364

Expenses & distributions

Benefits paid
$430,676,680
Administrative expenses
$4,071,065
Total expenses
$434,944,754
Net increase / (decrease)
$200,305,610

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$1,220,801not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$283,234$02023
CaptrustCONSULTANT$182,937not reported in the loaded dataset2023

Related Form 5500 pages