Defined Benefit (Pension) · DOL Form 5500 · 2022
Firstenergy Corp. Pension Plan
Data updated 2026-08-06
- $7.6B
- Total assets
- 12,346
- Participants
- 100th
- Percentile by assets
- $612,285
- Avg per participant
Official DOL plan name: Firstenergy Corp. Master Pension Plan · Sponsored by Firstenergy Corp. · Ohio · Utilities
$7.6B in assets, 12,346 participants
Firstenergy Corp.'s Firstenergy Corp. Master Pension Plan reported $7.6B in total assets and 12,346 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 100th percentile by assets (of 139,258 plans)
- #732 in Utilities (739 peers)
Coverage in Ohio
Firstenergy Corp. Master Pension Plan covers 12,346 participants in Ohio, 16x the typical Ohio plan (state average ~787 per filing). Assets: $7.6B.
- $7.6B
- total plan assets (2022 EOY)
- 12,346
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $612,285
- avg assets per participant
The plan reported a net loss of $1.7B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Ohio filers
In Ohio, the average filing covers about 787 participants across 4,840 plans. Firstenergy Corp. Master Pension Plan reports 12,346 participants - 16x that state average ($7.6B EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $9.3B |
|---|---|
| Net Assets (End of Year) | $7.4B |
| Net Income | -$1.7B |
| Employer EIN | 341843785 |
| Plan Effective Date | 1944-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Firstenergy Corp.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 24,325 | $11.1B |
| 2023 | 2 | 24,418 | $10.8B |
| 2024 | 2 | 24,769 | $10.4B |
Nearby Defined Benefit (Pension) Plans in Ohio
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Firstenergy Corp. Master Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
- Nationwide Retirement Plan $5.0B · 22,597
- American Electric Power System Retirement Plan $4.5B · 15,837
- Ohio Operating Engineers Pension Plan $3.4B · 9,749
- Laborers District Council & Contractors Pension Fund of Ohio $2.6B · 13,583
- Pension Plan for Eaton Corporation Employees $2.6B · 9,767
Scale composition for Firstenergy Corp. Master Pension Plan
Firstenergy Corp. Master Pension Plan reports $7.6B in end-of-year assets across 12,346 participants (0.065% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.014% of 89,805,449 covered participants) - about $612,285 per participant (4.5x the national average assets-per-participant) . Net income for plan year 2022 was -$1.7B.
This plan identity (EIN 341843785, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.6B to $6.5B (-14.4%) while covered participants moved from 12,346 to 12,187 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,346 | $7.6B | This page |
| 2023 | 12,304 | $7.1B | Open filing |
| 2024 · index core | 12,187 | $6.5B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Firstenergy Corp. Master Pension Plan (Defined Benefit (Pension), $6.5B, 12,187 participants)
- Firstenergy Corp. Savings Plan (401(k), $3.9B, 12,582 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Firstenergy Corp. Master Pension Plan by total assets, not by location.
- Kaiser Permanente Retirement Plan for Scpmg (CA) $7.6B · 45,962
- Boilermaker-Blacksmith National Pension Trust (MO) $7.5B · 31,010
- Pepsico Employees Retirement Plan I (NY) $7.7B · 11,386
- Deseret Mutual Master Retirement Plan (UT) $7.8B · 12,102
Frequently Asked Questions
How did Firstenergy Corp. Master Pension Plan assets move in 2022? ▼
How have Firstenergy Corp. plan assets changed over time? ▼
Where does Firstenergy Corp. Master Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Firstenergy Corp. Master Pension Plan? ▼
Next read for Firstenergy Corp. Master Pension Plan
Filing takeaways
Ways to act on Firstenergy Corp. Master Pension Plan's numbers.
- By total assets, Firstenergy Corp. Master Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Ohio. Compare plans
- Firstenergy Corp.'s sponsor-wide assets have declined 6.4% since 2022 across 3 plan years on file. More Utilities plans