Plan Snapshot
- Plan Sponsor: Firstenergy Corp.
- Sponsor EIN: 341843785
- Sponsor Address: 341 WHITE POND DRIVE, AKRON, OH, 44320
- Plan Type: DB
- Total Participants: 12,279
- Total Assets: $6.5B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 12,279 | $6.5B | $0 | $0 |
| 2023 | 12,187 | $7.1B | $0 | $0 |
| 2022 | 12,304 | $7.6B | $750.0M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BOBER MARKEY AND FEDOROVICH | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOBER MARKEY AND FEDOROVICH — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $115,924,569 | $14,182,560 | $3,798,416 | — | — |
| 2023 | $85,014,036 | $14,625,782 | $1,860,736 | — | — |
| 2022 | $97,116,994 | $17,160,798 | $2,961,023 | — | $1,898,127 |