Firstenergy Corp Welfare 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 Welfare Plan is a benefit plan reported by Firstenergy Corp under EIN 34-1843785 and plan number 501. The latest loaded filing year is 2023. The filing reports 14,273 participants and $525,912,377 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Firstenergy Corp
- EIN
- 34-1843785
- Plan number
- 501
- Plan type
- 2
- Location
- Akron, OH
- Latest filing year
- 2023
- Participants
- 14,273
- End-of-year plan assets
- $525,912,377
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 14,273 | H, C | 20241014214653NAL0047563472001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $525,912,377
- Total liabilities (EOY)
- $16,227,218
- Net assets (EOY)
- $509,685,159
- Net assets (BOY)
- $455,863,302
Income & contributions
- Employer contributions
- $147,079,646
- Participant contributions
- $27,338,617
- Total contributions
- $174,418,263
- Total income / additions
- $241,969,456
Expenses & distributions
- Benefits paid
- $180,335,136
- Administrative expenses
- $7,812,463
- Total expenses
- $188,147,599
- Net increase / (decrease)
- $53,821,857
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Community Insurance Company | NONE | $7,126,835 | not reported in the loaded dataset | 2023 |
| State Street Global Advisors | INVEST MANAGER | $499,099 | not reported in the loaded dataset | 2023 |
| Medical Mutual Services | NONE | $60,149 | not reported in the loaded dataset | 2023 |
| Prudential Insurance Company Of Ame | NONE | $35,088 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Firstenergy Corp
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Akron, OH
- Community Insurance Company — Schedule C compensation
- State Street Global Advisors — Schedule C compensation
- Medical Mutual Services — Schedule C compensation
- Prudential Insurance Company Of Ame — Schedule C compensation