Defined Benefit (Pension) · DOL Form 5500 · 2022
Firstenergy Corp. Pension Plan
Data updated 2026-08-25
- $7.6B
- Total assets Very large vs avg
- 12,346
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $612,285
- Avg per participant High balance/head
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.
- #731 in Utilities (738 peers)
Coverage in Ohio
Firstenergy Corp. Master Pension Plan covers 12,346 participants in Ohio, 16x the typical Ohio plan (state average ~765 per filing). Assets: $7.6B.
- #731
- in Utilities (738 peers)
- -19.1%
- assets change YoY
- 76×
- vs typical plan assets (national mean)
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.
Firstenergy Corp. Master Pension Plan's outsized position by total assets
Firstenergy Corp. Master Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$7,559,275,463 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Firstenergy Corp. Master Pension Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Firstenergy Corp. Master Pension Plan is a mega filing (12,346 participants), the rightmost band on the breakdown.
EBSA filing schedule strip
Filing strip 341843785 · Firstenergy Corp. PY 2022 · Defined Benefit (Pension)
Firstenergy Corp. Master Pension Plan · $7.6B · 12,346 · 100th
- NET $7.6B
- BOOK 12,346
- VS-ST 100th
- BOY Defined Benefit (Pension)
- SCH near Kaiser Permanente Retirement Plan for Scpmg
- EBSA ind #731
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Ohio →
Firstenergy Corp. Master Pension Plan in the asset neighbourhood
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.)
Sponsor-wide plan assets over time
All Firstenergy Corp. plans reported in each filing year
- Latest sponsor-wide plan assets
- $10.4B 6.394415707008948% vs 2022
- 2024 filing year
| 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.
- 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 (0.061% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $612,285 per participant (4.4x 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)
Firstenergy Corp. Master Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Ohio, the nearest Defined Benefit (Pension) by assets is Kaiser Permanente Retirement Plan for Scpmg in CA ($7.6B); by covered participants it is Glaxosmithkline Cash Balance Pension Plan in PA (12,358 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($7.6B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (12,346 participants); asset peers above are excluded.
- Glaxosmithkline Cash Balance Pension Plan (PA) 12,358 · 12 off
- Nylic Retirement Plan (NY) 12,315 · 31 off
- Berkshire Hathaway Consolidated Pension Plan (NE) 12,424 · 78 off
- Honeywell Retirement Earnings Plan (NC) 12,452 · 106 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.