401(k) · DOL Form 5500 · 2023
Firstenergy Corp. 401(k) Plan
Data updated 2026-08-25
- $3.7B
- Total assets Very large vs avg
- 12,114
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $305,492
- Avg per participant High balance/head
Official DOL plan name: Firstenergy Corp. Savings Plan · Sponsored by Firstenergy Corp. · Ohio · Utilities
$3.7B in assets, 12,114 participants
Firstenergy Corp.'s Firstenergy Corp. Savings Plan reported $3.7B in total assets and 12,114 participants in its 2023 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.
- #690 in Utilities (721 peers)
Coverage in Ohio
Firstenergy Corp. Savings Plan covers 12,114 participants in Ohio, 16x the typical Ohio plan (state average ~765 per filing). Assets: $3.7B.
- #690
- in Utilities (721 peers)
- +5.0%
- assets growth YoY
- 37×
- vs typical plan assets (national mean)
Firstenergy Corp. Savings Plan's outsized position by total assets
Firstenergy Corp. Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$3,700,731,428 Highest reported value at or above every one of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Firstenergy Corp. Savings Plan's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Firstenergy Corp. Savings Plan is a mega filing (12,114 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Firstenergy Corp. Savings Plan reported net income rose from -$735M in the plan year 2022 filing to $200M in the plan year 2023 filing.
- Firstenergy Corp. Savings Plan end-of-year assets rose from $3.5B in the plan year 2022 filing to $3.7B in the plan year 2023 filing.
- Firstenergy Corp. Savings Plan reported participants rose from 11,979 in the plan year 2022 filing to 12,114 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 341843785 · Firstenergy Corp. PY 2023 · 401(k)
Firstenergy Corp. Savings Plan · $3.7B · 12,114 · 100th
- PHOTO $3.7B
- IND 12,114
- EOY 100th
- 5500 401(k)
- ASSETS near The Interpublic Group of Companies, Inc. Savings Plan
- PCT ind #690
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. Savings Plan in the asset neighbourhood
Ohio filing particulars
| Total Assets (Beginning of Year) | $3.5B |
|---|---|
| Net Assets (End of Year) | $3.7B |
| Net Income | $200M |
| Employer EIN | 341843785 |
| Plan Effective Date | 1983-01-01 |
| 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 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- GE Retirement Savings Plan $19.5B · 59,766
- The Sherwin-Williams Company 401(k) Plan $10.1B · 47,362
- The Progressive 401(k) Plan $9.2B · 56,176
- The Kroger Co. 401(k) Retirement Savings Account Plan $8.4B · 129,769
- Nationwide Savings Plan $7.6B · 24,715
Scale composition for Firstenergy Corp. Savings Plan
Firstenergy Corp. Savings Plan reports $3.7B in end-of-year assets across 12,114 participants (0.030% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $305,492 per participant (2.2x the national average assets-per-participant) . Net income for plan year 2023 was $200M.
This plan identity (EIN 341843785, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.5B to $3.9B (+10.7%) while covered participants moved from 11,979 to 12,582 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 11,979 | $3.5B | Open filing |
| 2023 | 12,114 | $3.7B | This page |
| 2024 · index core | 12,582 | $3.9B | 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. Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Ohio, the nearest 401(k) by assets is The Interpublic Group of Companies, Inc. Savings Plan in NY ($3.7B); by covered participants it is The Estee Lauder Companies 401(k) Savings Plan in NY (12,114 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.7B here).
- The Interpublic Group of Companies, Inc. Savings Plan (NY) $3.7B · 24,739
- Cbre 401(k) Plan (TX) $3.7B · 36,574
- Waste Management Retirement Savings Plan (TX) $3.7B · 39,493
- Rbc- U.S.a. Retirement and Savings Plan (MN) $3.7B · 8,957
Similar participant headcount
Nearest other-state filings by covered participants (12,114 participants); asset peers above are excluded.
- The Estee Lauder Companies 401(k) Savings Plan (NY) 12,114 · 0 off
- The Quikrete Companies Profit Sharing and Tax (GA) 12,116 · 2 off
- Paypal 401(k) Savings Plan (CA) 12,121 · 7 off
- Nutrien 401(k) Retirement Plan (CO) 12,106 · 8 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.