2023 Form 5500 filing — Firstenergy Corp. Master Pension 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 20241015134950NAL0029846945001) for Firstenergy Corp. Master Pension Plan, reported by Firstenergy Corp. under EIN 34-1843785 and plan number 001. It reports 40,785 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015134950NAL0029846945001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Firstenergy Corp.
- EIN
- 34-1843785
- Plan number
- 001
- Location
- Akron, OH
- Participants
- 40,785
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,144,086,795
- Total liabilities (EOY)
- $259,376,049
- Net assets (EOY)
- $6,884,710,746
- Total income / additions
- $782,947,397
- Benefits paid
- $1,258,460,090
- Administrative expenses
- $85,014,036
- Total expenses
- $1,343,474,126
- Net increase / (decrease)
- -$560,526,729
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Aon Consulting Inc. | NONE | $5,281,173 | not reported in the loaded dataset |
| Cantillon Capital Management LLC | NONE | $3,049,934 | $0 |
| Artisan Partners | NONE | $1,741,719 | $0 |
| Lsv Asset Management | NONE | $1,517,232 | not reported in the loaded dataset |
| Parametric Portfolio Associate | NONE | $1,438,202 | not reported in the loaded dataset |
| The Bank Of New York Mellon | NONE | $1,286,821 | $0 |
| Baillie Gifford Overseas Ltd | NONE | $1,180,091 | not reported in the loaded dataset |
| Prudential Insurance Co. Of America | NONE | $1,041,014 | $0 |
| Nisa Investment Advisors, LLC | NONE | $986,704 | not reported in the loaded dataset |
| K4 Private Investors, L.P. | NONE | $0 | $872,169 |
| Pimco | NONE | $616,216 | $0 |
| K5 Private Investors, L.P. | NONE | $0 | $600,000 |
| John Hancock | NONE | $432,896 | not reported in the loaded dataset |
| Legal & General | NONE | $353,725 | not reported in the loaded dataset |
| Metlife Investment Management | NONE | $323,068 | not reported in the loaded dataset |
| K3 Private Investors, L.P. | NONE | $0 | $318,295 |
| Franklin Templeton | NONE | $281,054 | $0 |
| Metropolitan Life Insurance Company | NONE | $274,135 | not reported in the loaded dataset |
| Bain Capital | NONE | $60,451 | $0 |
| Mercer Us Inc. | NONE | $58,821 | not reported in the loaded dataset |
| Willis Towers Watson Us LLC | NONE | $58,228 | not reported in the loaded dataset |
| Benxl Technologies, Inc | NONE | $31,160 | not reported in the loaded dataset |
| Blackrock Inst. Trust Company, N.A. | NONE | $16,514 | $0 |
| The Northern Trust Company | NONE | $13,895 | not reported in the loaded dataset |
| Mockenhaupt | NONE | $8,000 | not reported in the loaded dataset |