401(k) · DOL Form 5500 · 2024
Firstenergy Corp. 401(k) Plan
Data updated 2026-07-24
- $3.9B
- Total assets
- 12,582
- Participants
- 100th
- Percentile by assets
- $310,032
- Avg per participant
Official DOL plan name: Firstenergy Corp. Savings Plan · Sponsored by Firstenergy Corp. · Ohio · Utilities
$3.9B in assets, 12,582 participants
Firstenergy Corp.'s Firstenergy Corp. Savings Plan reported $3.9B in total assets and 12,582 participants in its 2024 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 116,472 plans)
Coverage in Ohio
Firstenergy Corp. Savings Plan covers 12,582 participants in Ohio, 16x the typical Ohio plan (state average ~787 per filing). Assets: $3.9B.
- $3.9B
- total plan assets (2024 EOY)
- 12,582
- covered participants
- 100th
- percentile by assets (of 116,472 plans)
- $310,032
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Firstenergy Corp. Savings Plan reported net income rose from $200M in the plan year 2023 filing to $225M in the plan year 2024 filing.
- Firstenergy Corp. Savings Plan end-of-year assets rose from $3.7B in the plan year 2023 filing to $3.9B in the plan year 2024 filing.
- Firstenergy Corp. Savings Plan reported participants rose from 12,114 in the plan year 2023 filing to 12,582 in the plan year 2024 filing.
Participants vs Ohio filers
In Ohio, the average filing covers about 787 participants across 4,840 plans. Firstenergy Corp. Savings Plan reports 12,582 participants - 16x that state average ($3.9B EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $3.7B |
|---|---|
| Net Assets (End of Year) | $3.9B |
| Net Income | $225M |
| Employer EIN | 341843785 |
| Plan Effective Date | 1983-01-01 |
| 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 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Firstenergy Corp. Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
- GE Aerospace Retirement Savings Plan $14.7B · 45,620
- The Kroger Co. 401(k) Retirement Savings Account Plan $11.8B · 135,373
- The Progressive 401(k) Plan $11.5B · 62,521
- The Sherwin-Williams Company 401(k) Plan $10.6B · 47,459
- Parker Retirement Savings Plan $9.0B · 26,315
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Firstenergy Corp. Savings Plan by total assets, not by location.
- Arthur J. Gallagher & Co. Employees Savings and Thrift Plan (IL) $3.9B · 23,247
- The 401(k) Plan (TX) $3.9B · 29,059
- The Caci Smart Plan (VA) $3.9B · 22,014
- Kellogg Brown & Root, Inc. Retirement and Savings Plan (TX) $3.9B · 3,665
Frequently Asked Questions
How did Firstenergy Corp. Savings Plan assets move in 2024? ▼
How have Firstenergy Corp. plan assets changed over time? ▼
Where does Firstenergy Corp. Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Firstenergy Corp. Savings Plan? ▼
Next read for Firstenergy Corp. Savings Plan
Filing takeaways
Ways to act on Firstenergy Corp. Savings Plan's numbers.
- By total assets, Firstenergy Corp. Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) 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
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 341843785.
Read our methodology - how this data is sourced, computed, and verified.