Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Firstenergy
Firstenergy 401(k)
- FE NYSE
- Utilities
- Akron, OH
- EIN 34-1843785
- 1 plan with Schedule H financials
- Plan year 2024
- Firstenergy Corp.
- SEC registrant Firstenergy Corp
Filed as negative.Schedule H line 2i(3) is reported as -$66,517. The filing is shown as received; the derived figures below treat a negative amount as zero, and a percentile is only shown for positive values.
Administrative expenses excluding investment management, per participant · Firstenergy Corp. Savings Plan · plan year 2024
$34.68
Higher than 33% of the 1,045 plans over $1B that report it.
Source
= $575,866 / 16,604
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250731064450NAL0002381251001, received 2025-07-31
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250731064450NAL0002381251001, received 2025-07-31
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-31.
Cost and contributions
Administrative expenses per participant
$210.26
Higher than 93% of the 1,076 plans over $1B that report it.
Source
= $3,491,208 / 16,604
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250731064450NAL0002381251001, received 2025-07-31
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250731064450NAL0002381251001, received 2025-07-31
Administrative expenses as a share of assets
0.089%
Higher than 83% of the 1,076 plans over $1B that report it.
Source
= $3,491,208 / $3,900,816,650
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250731064450NAL0002381251001, received 2025-07-31
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250731064450NAL0002381251001, received 2025-07-31
Employer contributions per participant
$2,557
Higher than 29% of the 1,135 plans over $1B that report it.
Source
= $42,456,995 / 16,604
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250731064450NAL0002381251001, received 2025-07-31
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250731064450NAL0002381251001, received 2025-07-31
Employer share of total contributions
20.2%
Higher than 11% of the 1,135 plans over $1B that report it.
Source
= $42,456,995 / $209,833,771
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250731064450NAL0002381251001, received 2025-07-31
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250731064450NAL0002381251001, received 2025-07-31
Plan terms, as stated in Firstenergy Corp.'s SEC filings
Employer match
“Unless otherwise provided in a collective bargaining agreement, FE makes a matching contribution of 50% on the first 6% of eligible compensation contributed by an employee.”
Form 11-K filed 2026-06-26, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250731064450NAL0002381251001, received 2025-07-31
Full record, Firstenergy Corp. Savings Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | FIRSTENERGY CORP. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Plan name | FIRSTENERGY CORP. SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Sponsor EIN / plan number | 34-1843785 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Sponsor location | AKRON, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Industry (business code) | 221100, Utilities | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Filing received | 2025-07-31 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Participants, beginning of year | 16,962 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Active participants | 12,394 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Participants, end of year | 16,802 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Participants with an account balance | 16,604 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Total assets, beginning of year | $3,700,731,428 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Total assets, end of year | $3,900,816,650 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Net assets, end of year | $3,898,054,144 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Total income | $666,566,121 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Net income | $224,787,101 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Employer contributions | $42,456,995 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Participant contributions | $155,874,738 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Other contributions (incl. rollovers) | $11,502,038 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Total contributions | $209,833,771 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Benefit payments | $438,090,434 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Total expenses (incl. benefit payments) | $441,779,020 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Total administrative expenses | $3,491,208 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Contract administrator fees | $7,500 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Recordkeeping fees | -$66,517 (filed as negative) | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Investment advisory and management fees | $2,915,342 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Administrative expenses excluding investment management | $575,866 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Held in common/collective trusts | $2,257,682,707 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Held in mutual funds | $631,045,064 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250731064450NAL0002381251001, received 2025-07-31 |
| Independent auditor | BOBER, MARKEY, FEDOROVICH & COMPANY | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250731064450NAL0002381251001, received 2025-07-31 |
Position = column in the DOL layout for form year 2024. Filing 20250731064450NAL0002381251001, received 2025-07-31.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $1,202,644 | no |
| CAPFINANCIAL PARTNERS LLC | CONSULTANT | 16 Consulting (general) | $187,500 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $-33,777 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250731064450NAL0002381251001, received 2025-07-31.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $3,700,731,428 | $3,900,816,650 | 5.4% |
| Participants with a balance | 16,594 | 16,604 | 0.1% |
| Administrative expenses | $4,071,065 | $3,491,208 | -14.2% |
| Recordkeeping fees per participant | $16.22 | not reported | |
| Employer contributions | $42,006,181 | $42,456,995 | 1.1% |
Prior filing 20240702054409NAL0006771152001, received 2024-07-02; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: FIRSTENERGY CORP.; SEC registrant: FIRSTENERGY CORP (CIK 1031296, matched by EIN; display name from the Form 11-K cover).