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FIRSTENERGY CORP — Annual Report 2019
Jun 28, 2019
30195_rns_2019-06-28_ca413816-0bca-41af-9d88-ceb3f74065ec.zip
Annual Report
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| UNITED STATES | ||
|---|---|---|
| SECURITIES AND EXCHANGE COMMISSION | ||
| Washington, D.C. 20549 | ||
| FORM 11-K | ||
| ANNUAL REPORT | ||
| Pursuant to Section 15(d) of the | ||
| Securities Exchange Act of 1934 | ||
| (Mark One) | ||
| {X} | ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE | |
| ACT OF 1934 | ||
| For the fiscal year ended December 31, 2018 | ||
| OR | ||
| { } | TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES | |
| EXCHANGE ACT OF 1934 | ||
| For the transition period from ___ to ____. | ||
| Commission file number 333-21011 | ||
| A. | Full title of the plan and the address of the plan, if different from that of the | |
| issuer named below: | ||
| FIRSTENERGY CORP. SAVINGS PLAN | ||
| B. | Name of issuer of the securities held pursuant to the plan and the address | |
| of its principal executive office: | ||
| FIRSTENERGY CORP. | ||
| 76 SOUTH MAIN STREET | ||
| AKRON, OH 44308 |
| FirstEnergy Corp. Savings Plan | |
|---|---|
| Table of Contents | |
| Page | |
| Report of Independent Registered Public Accounting Firm | 1-2 |
| Financial Statements: | |
| Statements of Net Assets Available for Benefits as of | |
| December 31, 2018 and 2017 | 3 |
| Statement of Changes in Net Assets Available for Benefits | |
| for the Year Ended December 31, 2018 | 4 |
| Notes to Financial Statements | 5-11 |
| Supplemental Schedules: | |
| Schedule H, line 4i – Schedule of Assets (Held at End of Year) | |
| as of December 31, 2018 | 12-31 |
| Schedule H, line 4j - Schedule of Reportable Transactions | |
| for the Year Ended December 31, 2018 | 32 |
Other schedules of additional financial information have been omitted as they are not applicable or are not required based on the disclosure requirements of the Employee Retirement Income Security Act of 1974 and applicable regulations issued by the United States Department of Labor.
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Participants and Savings Plan Committee of the
FirstEnergy Corp. Savings Plan
Akron, Ohio
Opinion on the Financial Statements
We have audited the accompanying statements of net assets available for benefits of the FirstEnergy Corp. Savings Plan (the “Plan”) as of December 31, 2018 and 2017, the related statement of changes in net assets available for benefits for the year ended December 31, 2018, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2018 and 2017, and the changes in net assets available for benefits for the year ended December 31, 2018, in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on the Plan’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
Supplemental Information
The supplemental information in the accompanying schedule of assets (held at end of year) as of December 31, 2018 and the schedule of reportable transactions for the year then ended has been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental information is the responsibility of the Plan’s management. Our audit procedures included determining whether
1
the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements taken as a whole.
We have served as the Plan’s auditor since 2003.
/s/ BOBER, MARKEY, FEDOROVICH & COMPANY
Akron, Ohio
June 28, 2019
2
FirstEnergy Corp. Savings Plan
Statements of Net Assets Available for Benefits
_________________________
| As of December 31, — 2018 | 2017 | |
|---|---|---|
| Assets | ||
| Investments: | ||
| Investments, at fair value (see Note 5) | $ 3,172,777,320 | $ 3,375,225,535 |
| Investments, at contract value (see Note 6) | 518,933,112 | 522,144,768 |
| Total investments | 3,691,710,432 | 3,897,370,303 |
| Receivables: | ||
| Accrued interest and dividends | 2,712,270 | 2,181,468 |
| Employer contributions | — | 1,143,953 |
| Employee contributions | — | 3,487,944 |
| Notes receivable from participants | 60,318,749 | 62,281,227 |
| Due from brokers | 810,830 | 7,806,556 |
| Total receivables | 63,841,849 | 76,901,148 |
| Total assets | 3,755,552,281 | 3,974,271,451 |
| Liabilities | ||
| Administrative expenses payable | 1,405,818 | 1,285,311 |
| Due to brokers | 26,577,452 | 30,609,643 |
| Total liabilities | 27,983,270 | 31,894,954 |
| Net assets available for benefits | $ 3,727,569,011 | $ 3,942,376,497 |
The accompanying notes are an integral part of these financial statements.
3
FirstEnergy Corp. Savings Plan
Statement of Changes in Net Assets Available for Benefits
_______________________
| For the Year Ended | ||
|---|---|---|
| December 31, 2018 | ||
| Additions: | ||
| Contributions: | ||
| Employer | $ 51,225,217 | |
| Participant | 162,188,340 | |
| Total contributions | 213,413,557 | |
| Investment Income (Loss): | ||
| Interest and dividends | 73,479,005 | |
| Net change in fair value of investments | (127,506,508 | ) |
| Total investment loss | (54,027,503 | ) |
| Interest income on notes receivable from participants | 2,962,033 | |
| Deductions: | ||
| Distributions to participants | (371,039,916 | ) |
| Administrative expenses | (6,115,657 | ) |
| Total deductions | (377,155,573 | ) |
| Decrease in net assets available for benefits | (214,807,486 | ) |
| Net assets available for benefits, beginning of year | 3,942,376,497 | |
| Net assets available for benefits, end of year | $ 3,727,569,011 |
The accompanying notes are an integral part of these financial statements.
4
FirstEnergy Corp. Savings Plan
Notes to Financial Statements
______________________
- Description of the Plan
The following brief description of the FirstEnergy Corp. Savings Plan (Plan) is provided for general information purposes only. Participants should refer to the Plan documents for more complete information.
General
The Plan is a defined contribution plan and was established to provide a systematic savings program for eligible employees and to supplement such savings with employer contributions. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (ERISA) and the Internal Revenue Code of 1986, as amended (IRC).
Administration
FirstEnergy Corp. (FirstEnergy) is the sponsor of the Plan. The FirstEnergy Savings Plan Committee is the administrator of the Plan and has responsibility for the day-to-day administration of the Plan. Record keeping with respect to individual participant accounts is maintained by Fidelity Investments (Fidelity). As of December 31, 2018, plan assets are held in trust under an arrangement with State Street Bank & Trust Company (State Street). Beginning April 2019 plan assets are held in trust under an arrangement with Fidelity.
Participation
Generally, all full-time and part-time employees of FirstEnergy's subsidiaries and participating employers not represented by a collective bargaining union are eligible to participate in the Plan. Full-time and part-time employees represented by a labor union may participate to the extent permitted by their respective collective bargaining agreement.
Effective January 1, 2018, except as further noted, new employees who do not make an affirmative election are deemed to have made an election to contribute 6% of eligible earnings for each payroll period increasing by 1% each April until the employee contribution rate reaches 10%. Certain union participants are automatically enrolled at 2%, Utility Workers Union of America (UWUA) Local 180 is without escalation and International Brotherhood of Electrical Workers (IBEW) Local 777 has an increase of 1% per year up to 4%. A new employee who has not made an affirmative election as to the investment of his or her account shall have his or her account invested in the age appropriate LifePath Portfolio Fund made available to Plan participants. A LifePath Portfolio Fund is an investment alternative that provides a mixture of fixed income and equity investments that are matched to an individual’s age and assumed retirement date. A participant may change any automatic contribution at any time.
Contributions
Subject to IRC limitations, the Plan allows each participant to contribute 1% to 75% (22% for participants represented by UWUA Local 180) of their eligible earnings to the Plan through payroll deductions. Participant contributions may be made as before-tax, after-tax or Roth 401(k) contributions (UWUA Local 180 and IBEW Local 777 are not eligible to elect Roth 401(k) contributions). During any calendar year in which a participant attains age 50 or older, he or she may elect to make additional pre-tax contributions and/or Roth contributions, called “catch-up” contributions. In order to be eligible to make catch-up contributions, the participant must anticipate that his or her pre-tax contributions and/or Roth contributions to the Plan will reach the applicable annual IRC limit on that type of contribution.
FirstEnergy makes a matching contribution of 50% on the first 6% of eligible compensation contributed by an employee, except for IBEW Local 777 and UWUA Local 180 participants who receive a matching contribution of 80% and 60%, respectively, on the first 4% of eligible contributions. All employer matching contributions are invested in FirstEnergy common stock, except for certain IBEW Local 777 and UWUA Local 180 participants whose matching contributions are invested in cash. Catch-up contributions are not eligible for matching contributions. The number of shares of FirstEnergy common stock contributed to each participant is based on the market price of FirstEnergy common stock as of the end of each pay period. FirstEnergy matching contributions are non-cash contributions made by issuing shares of common stock. Plan participants may diversify matching contributions held in FirstEnergy common stock at any time, subject to certain limitations.
5
FirstEnergy Corp. Savings Plan
Notes to Financial Statements
______________________
Participant Accounts
Individual accounts are maintained for each Plan participant. Each participant’s account is credited with the participant’s contributions, employer matching contributions and allocated Plan earnings. Participants are vested in the entire value of their account at all times.
Investments
Participants direct the investment of their contributions and account balances into various investment options including ten LifePath Funds that include a diversified mix of asset classes based on expected retirement dates, sixteen Plan investment options with different objectives covering a range of asset classes and risk levels and a self-managed brokerage account that offers participants the ability to invest in any security listed on the New York Stock Exchange (NYSE), the NYSE MKT LLC (formerly known as the American Stock Exchange or NYSE Amex LLC) or the NASDAQ and a wide range of mutual funds.
The Plan’s investment options include a fund of shares of FirstEnergy common stock, which together with a small portion of cash maintained for liquidity purposes, are recorded on a unit basis. FirstEnergy’s common shares are traded on the NYSE and participation units in the FirstEnergy Common Stock Fund are valued at the NYSE closing price on the last business day of the plan year. The valuation per share of FirstEnergy’s common stock was $37.55 and $30.62 at December 31, 2018 and 2017, respectively. The valuation per unit of the FirstEnergy Common Stock Fund was $45.84 and $37.42 at December 31, 2018 and 2017, respectively, due to cash maintained in the fund for liquidity purposes.
Notes Receivable from Participants
Participants may borrow up to 50% of their total account balance, excluding their Roth 401(k) balance, not exceeding $50,000, including loans outstanding and the highest unpaid loan balance over the previous 12 months. The interest rate for new loans is adjusted each quarter to the prime rate plus 1% based on the prime rate on approximately the 15th day of the last month of the preceding quarter. The range of interest rates on outstanding loan balances during the year ended December 31, 2018 was 4.25% to 9.75%. Participants may have up to two loans outstanding at one time. The minimum loan amount is $1,000 and must be repaid within 6 to 60 months. If the loan is for the purchase of a principal residence, the loan repayment period can be extended up to 30 years. Principal repayments and interest are credited to the participant’s account when made, generally through payroll deduction.
Payment of Benefits
Upon termination of service due to disability, retirement or any other reason, a participant may elect to receive the full value or a portion of his or her account, defer payment to a later date (not beyond age 70-1/2) or receive installment payments. In the event of a participant’s death, the participant’s spouse may elect to withdraw all or a portion of the former participant’s account or keep the funds in the Plan in accordance with provisions of the Plan, all other beneficiaries must withdraw or rollover the former participant's account within 180 days.
Subsequent Events
Management evaluates events and transactions occurring subsequent to the date of the financial statements that affect recognition or disclosure to the financial statements.
- Summary of Significant Accounting Policies
The accompanying financial statements have been prepared on the accrual basis of accounting. Benefits are recorded when paid. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect reported amounts and disclosures. Actual results may differ from these estimates.
The Plan’s investments are stated at fair value. Fair value reflects the price that would be received for an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between willing market participants on the measurement date. See Note 5 for a discussion of fair value
6
FirstEnergy Corp. Savings Plan
Notes to Financial Statements
______________________
measurements. Contract value is the relevant measurement attribute for that portion of the net assets available for benefits of the Plan attributable to fully benefit-responsive investment contracts because contract value is the amount participants would receive if they were to initiate permitted transactions under the terms of the Plan.
Notes receivable from participants represent participant loans and are measured at their unpaid principal balance plus any accrued interest. Delinquent participant loans are reclassified as distributions based upon the terms of the Plan document. Repayments of principal and interest are recognized in the period in which payroll deductions are processed.
Investment income consist of interest and dividend income. The net change in the fair value of investments consists of realized and unrealized gains and losses on those investments. Dividend income is accrued on the ex-dividend date. Purchases and sales of securities are recorded on a trade-date basis. Realized gains and losses from security transactions are reported based on historical cost.
Expenses for the administration of the Plan are generally paid by the Plan.
- Recent Accounting Pronouncements
ASU 2018-13, " Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement " (Issued August 2018): ASU 2018-13 eliminates, adds and modifies certain disclosure requirements for fair value measurements as part of the FASB's disclosure framework project. Entities will no longer be required to disclose the amount of and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy, but public companies will be required to disclose the range and weighted average used to develop significant unobservable inputs for Level 3 fair value measurements. The Plan early adopted all the provisions of this standard as of December 31, 2018. There was not a material impact on the financial statements.
- Plan Termination
Although FirstEnergy has not expressed any intent to do so, it reserves the right to discontinue or terminate the Plan at any time. If the Plan were terminated, in whole or in part, participants would be entitled to withdraw the full value of their accounts, to the extent allowed by law.
- Investments and Fair Value Measurements
The Plan invests in various investment securities. Investment securities are exposed to various risks such as interest rate, market and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect participants' account balances and the amounts reported in the Statements of Net Assets Available for Benefits.
Authoritative accounting guidance establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. This hierarchy gives the highest priority to Level 1 measurements and the lowest priority to Level 3 measurements.
7
FirstEnergy Corp. Savings Plan
Notes to Financial Statements
______________________
The three levels of the fair value hierarchy are as follows:
| Level 1 | – Quoted prices for identical instruments in active markets. |
|---|---|
| Level 2 | – Quoted prices for similar instruments in active markets; |
| – Quoted prices for identical or similar instruments in markets that are not active; and | |
| – Model-derived valuations for which all significant inputs are observable market data. | |
| Models are primarily industry-standard models that consider various assumptions, including quoted forward prices for commodities, time value, volatility factors and current market and contractual prices for the underlying instruments, as well as other relevant economic measures. | |
| Level 3 | – Valuation inputs are unobservable and significant to the fair value measurement. |
The Plan did not hold any Level 3 investments as of December 31, 2018 or 2017, or during the year ended December 31, 2018.
There were no changes in valuation methodologies for assets measured at fair value during 2018.
The following tables set forth, by level within the fair value hierarchy, the fair value of the Plan’s investments as of December 31, 2018 and 2017:
| December 31, 2018 — Level 1 | Level 2 | Total | |
|---|---|---|---|
| Cash and Cash Equivalents | $ — | $ 4,449,514 | $ 4,449,514 |
| Common Collective Trusts | — | 1,625,724,515 | 1,625,724,515 |
| FirstEnergy Common Stock Fund | |||
| FirstEnergy Common Stock | 414,230,234 | — | 414,230,234 |
| Cash and Cash Equivalents | — | 2,578,099 | 2,578,099 |
| Total FirstEnergy Common Stock Fund | 414,230,234 | 2,578,099 | 416,808,333 |
| Registered Investment Companies | 649,212,234 | 350,972,292 | 1,000,184,526 |
| Self Managed Brokerage Accounts 1 | — | 125,610,432 | 125,610,432 |
| Total Investments at Fair Value 2 | $ 1,063,442,468 | $ 2,109,334,852 | $ 3,172,777,320 |
| 1 The brokerage account investments are directed by participants. | |||
| 2 Values do not include investments at contract value. |
8
FirstEnergy Corp. Savings Plan
Notes to Financial Statements
______________________
| December 31, 2017 — Level 1 | Level 2 | Total | |
|---|---|---|---|
| Cash and Cash Equivalents | $ — | $ 6,332,431 | $ 6,332,431 |
| Common Collective Trusts | — | 1,793,543,746 | 1,793,543,746 |
| FirstEnergy Common Stock Fund | |||
| FirstEnergy Common Stock | 322,564,666 | — | 322,564,666 |
| Cash and Cash Equivalents | — | 2,542,282 | 2,542,282 |
| Total FirstEnergy Common Stock Fund | 322,564,666 | 2,542,282 | 325,106,948 |
| Registered Investment Companies | 832,633,686 | 281,469,385 | 1,114,103,071 |
| Self Managed Brokerage Accounts 1 | — | 136,139,339 | 136,139,339 |
| Total Investments at fair value 2 | $ 1,155,198,352 | $ 2,220,027,183 | $ 3,375,225,535 |
| 1 The brokerage account investments are directed by participants. | |||
| 2 Values do not include investments at contract value. |
- Fully Benefit-Responsive Investment Contracts
The Plan has an interest in synthetic guaranteed investment contracts (GICs) as part of the Capital Preservation Fund, which is managed by PIMCO.
In accordance with authoritative guidance for defined contribution plans, investment contracts are generally measured at contract value rather than fair value to the extent they are fully benefit-responsive. Contract value represents contributions made under the contract, plus earnings, less participant withdrawals and administrative expenses. Participants transact with their investment in the Capital Preservation Fund at contract value as determined by the insurers and banks. No valuation reserve in relation to the contract value was deemed necessary. The Statement of Changes in Net Assets Available for Benefits and the Statements of Net Assets Available for Benefits present the Synthetic GIC's on a contract value basis.
A synthetic investment contract includes a wrapper contract, which is an agreement for the wrap issuer, such as a bank or insurance company, to make payments to the Plan in certain circumstances. The wrapper contract typically includes certain conditions and limitations on the underlying assets owned by the Plan.
The synthetic investment contracts held by the Plan include wrapper contracts that provide a guarantee that the credit rate will not fall below zero percent. Cash flow volatility (for example, timing of benefit payments) as well as asset underperformance can be passed through to the Plan through adjustments to future contract crediting rates. Formulas are provided in each contract that adjusts renewal crediting rates to recognize the difference between the fair value and the book value of the underlying assets. Crediting rates are reviewed monthly for resetting.
Certain events limit the ability of the Plan to transact with the issuer at contract value. These events include closings (location, subsidiary, division), layoffs, Plan termination, bankruptcy or reorganization, corporate merger, early retirement incentive programs or similar events. The Plan Administrator does not believe any such events, of the magnitude that would limit the Plan’s ability to transact at contract value, are probable. The GICs do not permit the issuers to terminate the contracts at an amount other than contract value.
9
FirstEnergy Corp. Savings Plan
Notes to Financial Statements
______________________
The following represents the disaggregation of contract value between types of investment contracts held by the Plan at December 31, 2018 and 2017:
| 2018 | 2017 | |
|---|---|---|
| Short-term investment fund | $ 24,951,959 | $ 2,674,077 |
| Synthetic GIC's | 493,981,153 | 519,470,691 |
| Total Investments at contract value | $ 518,933,112 | $ 522,144,768 |
The synthetic GIC's are presented on Schedule H, line 4i - Schedule of Assets (Held at End of Year) at fair value as a requirement of the Form 5500. The fair value of the synthetic GICs represents the total fair value of the underlying assets plus the wrap value, which is calculated by using the discounted cash flows of the difference between the current wrap fee and the market indication wrap fee.
- Tax Considerations
The Plan is exempt from federal, state and local income taxes. The Plan obtained its latest favorable determination letter on October 27, 2016, in which the Internal Revenue Service (IRS) stated that the Plan, as then designed, was in compliance with the applicable requirements of the IRC. The Plan has been amended since receiving the determination letter. However, the Plan Administrator and the Plan's tax counsel believe that the Plan is currently designed and being operated in compliance with the applicable requirements of the IRC.
The federal, state and local income tax treatments of distributions from the Plan depend upon when they are made and their form. The withdrawal of the principal amount of a participant's after-tax contribution is not, however, subject to tax. For tax years beginning after December 31, 1986, the Tax Reform Act of 1986 requires that an additional tax of 10% be applied to participant withdrawals from the Plan prior to death, disability, attainment of age 59-1/2 or under certain other limited circumstances. In the case of withdrawal by a participant employed by FirstEnergy prior to the attainment of age 59-1/2, the excess of the value of the withdrawal over the total amount of the participant's after-tax contributions, is taxable at ordinary income tax rates. The value of FirstEnergy’s common stock withdrawn is considered to be its fair value on the date it is withdrawn.
In the case of a distribution that qualifies as a lump-sum distribution upon a participant's termination of employment with FirstEnergy or after attaining the age of 59-1/2, only the excess of the value of the lump sum distribution over the amount of the participant's after-tax contributions to the Plan (less withdrawals) is taxable at ordinary income tax rates. In determining the value of the lump-sum distribution, the FirstEnergy common stock distributed in-kind or in cash is measured at fair value on the date it is withdrawn.
The Plan is subject to audits by taxing jurisdictions. GAAP requires Plan management to evaluate tax positions taken by the Plan and recognize a tax liability if the Plan has taken an uncertain position that more than likely would not be sustained upon examination by taxing authorities. The Plan Administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2018 and 2017, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements.
- Party-In-Interest Transactions
Certain Plan investments are shares of mutual funds managed by State Street Global Advisors. State Street, a related company, is the trustee as defined by the Plan and, therefore, these transactions qualify as party-in-interest transactions.
PIMCO is the fund manager of the Capital Preservation Fund and invests in certain investments managed by PIMCO and therefore, these transactions qualify as party-in-interest transactions.
Certain Plan investments are shares of FirstEnergy common stock with sales and purchases of the stock commencing on an as-needed basis. The investments and transactions qualify as party-in-interest transactions.
10
FirstEnergy Corp. Savings Plan
Notes to Financial Statements
______________________
Additionally, the Plan uses the services of other fund managers that are paid directly by the Plan.
All of the above transactions are exempt from the prohibited transaction rules of ERISA.
- Reconciliation of Financial Statements to Form 5500
The following is a reconciliation of net assets available for benefits, investment income and interest income on notes receivable per the financial statements to Form 5500 as of December 31, 2018 and 2017, and for the year ended December 31, 2018:
| Net assets available for benefits per the financial statements | 2018 — $ 3,727,569,011 | 2017 — $ 3,942,376,497 | ||
|---|---|---|---|---|
| Adjustment from contract value to fair value for fully-benefit | ||||
| responsive investment contracts | (8,797,622 | ) | (2,363,082 | ) |
| Net assets available for benefits per Form 5500 | $ 3,718,771,389 | $ 3,940,013,415 | ||
| Total investment income and interest income on notes receivable | ||||
| from participants per the financial statements | $ (51,065,470 | ) | ||
| Adjustment from contract value to fair value for fully-benefit | ||||
| responsive investment contracts | (6,434,540 | ) | ||
| Investment income per Form 5500 | $ (57,500,010 | ) |
11
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (b) | (c) | (d) | (e) |
|---|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost ($) | Current Value ($) | |
| * | STATE STREET STIF | Money market fund | ** | $ 4,449,514 |
| * | FIRSTENERGY COMMON STOCK FUND | FirstEnergy common stock | ** | 416,808,333 |
| FIDELITY PURITAN FUND | Balanced fund | ** | 133,262,557 | |
| ACWI EX US - M | International stocks | ** | 85,267,828 | |
| DFA US SMALL CAP VALUE PORTFOLIO | Small cap value stocks | ** | 90,265,889 | |
| PIMCO REAL RETURN FUND INSTITUTIONAL CLASS | Bonds | ** | 17,513,454 | |
| AMERICAN FUNDS EUROPACIFIC GROWTH FUND | International stocks | ** | 130,710,347 | |
| BLACKROCK LIFEPATH INDEX RETIREMENT FUND L | Blend of stocks, fixed income | ** | 73,159,678 | |
| BLACKROCK LIFEPATH INDEX 2020 FUND L | Blend of stocks, fixed income | ** | 127,775,991 | |
| BLACKROCK LIFEPATH INDEX 2025 FUND L | Blend of stocks, fixed income | ** | 146,029,103 | |
| BLACKROCK LIFEPATH INDEX 2030 FUND L | Blend of stocks, fixed income | ** | 97,825,874 | |
| BLACKROCK LIFEPATH INDEX 2035 FUND L | Blend of stocks, fixed income | ** | 55,983,926 | |
| BLACKROCK LIFEPATH INDEX 2040 FUND L | Blend of stocks, fixed income | ** | 36,662,655 | |
| BLACKROCK LIFEPATH INDEX 2045 FUND L | Blend of stocks, fixed income | ** | 38,317,986 | |
| BLACKROCK LIFEPATH INDEX 2050 FUND L | Blend of stocks, fixed income | ** | 46,971,535 | |
| BLACKROCK LIFEPATH INDEX 2055 FUND L | Blend of stocks, fixed income | ** | 34,723,567 | |
| BLACKROCK LIFEPATH INDEX 2060 FUND L | Blend of stocks, fixed income | ** | 8,268,559 | |
| DODGE & COX INTERNATIONAL FUND | International stocks | ** | 35,363,246 | |
| SELF MANAGED BROKERAGE ACCOUNTS | Equities, fixed income | ** | 125,610,432 | |
| US DEBT INDEX FUND M MUTUAL FUND | Bonds | ** | 65,508,274 | |
| SMALL CAP GROWTH EQUITY | Small cap growth stocks | ** | 12,484,352 | |
| MARKET COMPLETION INDEX | Blend of large, mid cap and small cap stocks | ** | 113,662,619 | |
| MID CAP VALUE - I | Mid cap value stocks | ** | 76,110,920 | |
| EQUITY INDEX - M | Large cap stocks | ** | 748,590,842 | |
| * | CAPITAL PRESERVATION FUND | |||
| STATE STREET STIF | Money market fund | ** | 24,951,959 | |
| ABBVIE INC SR UNSEC | Corporate - 3.20%, 2026 | ** | 186,112 | |
| ABU DHABI GOVT | Govt-Non US - 2.50%, 2022 | ** | 2,146,328 | |
| AIA GROUP LTD SR UNSEC 144A | Cash Equivalent - 3.31%, 2021 | ** | 2,193,479 | |
| AIG GLOBAL FUNDING SEC 144A | Cash Equivalent - 3.28%, 2021 | ** | 1,191,602 | |
| AMERICAN EXPRESS CREDIT SR UNSEC | Cash Equivalent - 3.42%, 2020 | ** | 401,834 | |
| AT&T INC SR UNSEC | Corporate - 4.10%, 2028 | ** | 1,877,588 | |
| AT&T INC SR UNSEC | Corporate - 3.20%, 2022 | ** | 993,015 | |
| AVIATION CAPITAL GROUP SR UNSEC 144A | Corporate - 3.19%, 2021 | ** | 1,891,677 | |
| BAIDU INC SR UNSEC | Corporate - 2.75%, 2019 | ** | 2,997,806 | |
| BANK 2018-BN12 ASB | Mortgage - 4.17%, 2061 | ** | 1,259,363 |
12
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) | |
|---|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value | |
| BANK OF AMERICA CORP SR UNSEC | Corporate - 3.00%, 2023 | ** | 4,857,457 | |
| BANQUE FED CRED MUTUEL SR UNSEC 144A | Corporate - 3.43%, 2023 | ** | 1,784,916 | |
| BARCLAYS PLC SR UNSEC | Corporate - 3.20%, 2021 | ** | 685,223 | |
| BAT CAPITAL CORP SR UNSEC | Corporate - 3.22%, 2024 | ** | 371,561 | |
| BAT CAPITAL CORP SR UNSEC | Corporate - 3.50%, 2022 | ** | 1,092,163 | |
| BP CAP MARKETS AMERICA SR UNSEC | Corporate - 4.74%, 2021 | ** | 2,078,931 | |
| CALIFORNIA ST-B-TXBL | Municipals - 2.19%, 2020 | ** | 2,684,391 | |
| CASH COLLATERAL CME FOB USD | Cash Equivalent - 2.30%, 2060 | ** | (250,720 | ) |
| CASH COLLATERAL FUT FOB USD | Cash Equivalent - 2.30%, 2060 | ** | (190,002 | ) |
| CASH COLLATERAL LCH FOB USD | Cash Equivalent - 2.30%, 2060 | ** | (133,473 | ) |
| CASH COLLATERAL TBA MSC USD | Cash Equivalent - 2.40%, 2060 | ** | 15 | |
| CGCMT 2013-GC11 AAB | Mortgage - 2.69%, 2046 | ** | 693,396 | |
| CGCMT 2015-GC29 AAB WM24 WC4.173211878 | Mortgage - 2.98%, 2048 | ** | 1,493,774 | |
| CITIGROUP INC SR UNSEC | Corporate - 2.45%, 2020 | ** | 898,714 | |
| COMM 2013-CR11 ASB WM23 WC5.205219817 | Mortgage - 3.66%, 2050 | ** | 1,421,570 | |
| COMM 2014-CR19 ASB WM14 | Mortgage - 3.50%, 2047 | ** | 1,825,526 | |
| COMM 2014-UBS6 ASB WM14 | Mortgage - 3.39%, 2047 | ** | 1,818,229 | |
| COMM 2015-CR23 A3 WM15 | Mortgage - 3.23%, 2048 | ** | 1,716,573 | |
| COMM 2015-CR23 ASB WM15 | Mortgage - 3.26%, 2048 | ** | 1,207,258 | |
| COMM 2015-DC1 ASB WM15 | Mortgage - 3.14%, 2048 | ** | 1,654,034 | |
| COMM 2015-LC19 ASB | Mortgage - 3.04%, 2048 | ** | 1,298,343 | |
| COMM 2015-LC21 ASB | Mortgage - 3.42%, 2048 | ** | 2,223,832 | |
| COMPASS BANK SR UNSEC | Corporate - 2.75%, 2019 | ** | 1,897,657 | |
| COOPERATIEVE RABOBANK UA SR UNSEC 144A | Corporate - 3.68%, 2023 | ** | 1,975,816 | |
| CRED SUIS GP FUN LTD SR UNSEC | Corporate - 3.80%, 2023 | ** | 344,221 | |
| CREDIT SUISSE NEW YORK SR UNSEC | Corporate - 3.00%, 2021 | ** | 1,981,076 | |
| CSAIL 2015-C1 ASB WM15 | Mortgage - 3.35%, 2050 | ** | 1,055,727 | |
| CSAIL 2015-C4 ASB WM25 WC4.608 | Mortgage - 3.62%, 2048 | ** | 2,332,093 | |
| CSAIL 2017-CX9 ASB | Mortgage - 3.26%, 2050 | ** | 992,654 | |
| CVS HEALTH CORP SR UNSEC | Corporate - 4.10%, 2025 | ** | 1,795,212 | |
| DAIMLER FINANCE NA LLC SR UNSEC 144A | Corporate - 2.20%, 2020 | ** | 1,577,078 | |
| DAIMLER FINANCE NA LLC SR UNSEC 144A | Corporate - 3.10%, 2020 | ** | 1,496,013 | |
| DBS GROUP HOLDINGS LTD SR UNSEC 144A | Cash Equivalent - 2.94%, 2019 | ** | 1,004,166 | |
| DEUTSCHE BANK NY SR UNSEC | Corporate - 4.25%, 2021 | ** | 1,770,027 | |
| DEXIA CREDIT LOCAL | Corporate - 2.25%, 2020 | ** | 2,796,680 | |
| DISCOVER FINANCIAL SVS SR UNSEC | Corporate - 3.20%, 2021 | ** | 2,991,344 | |
| EL PASO PIPELINE PART OP SR UNSEC | Corporate - 4.30%, 2024 | ** | 1,505,396 | |
| ENBRIDGE INC SR UNSEC | Corporate - 3.49%, 2020 | ** | 2,094,956 | |
| ENBRIDGE INC SR UNSEC | Corporate - 2.90%, 2022 | ** | 585,520 |
13
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) | |
|---|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value | |
| EUROPEAN INVESTMENT BANK SR UNSEC | Corporate - 2.00%, 2021 | ** | 2,725,807 | |
| FED HOME LN BK BD (1.331MMM) | Corporate - 3.38%, 2023 | ** | 2,581,068 | |
| FED HOME LN MTGE GLBL NT (2.5MMM) | Corporate - 1.63%, 2020 | ** | 2,960,339 | |
| FHA 221D4 P4/02 GREY 54 NCP | Mortgage - 7.43%, 2023 | ** | 158 | |
| FHLMC GOLD 30YR #Q3-1614 | Mortgage - 3.00%, 2045 | ** | 2,199,765 | |
| FHLMC GOLD 30YR #Q3-3509 | Mortgage - 3.00%, 2045 | ** | 576,265 | |
| FHLMC GOLD 30YR GNT #G0-8687 | Mortgage - 3.50%, 2046 | ** | 6,121,251 | |
| FHLMC GOLD 30YR GNT #G0-8693 | Mortgage - 3.50%, 2046 | ** | 159,279 | |
| FHLMC GOLD 30YR GNT #G0-8823 | Mortgage - 3.50%, 2048 | ** | 5,286,863 | |
| FHLMC GOLD 30YR GNT #G0-8841 | Mortgage - 3.50%, 2048 | ** | 1,485,448 | |
| FHLMC TBA GOLD 4.0% JAN 30YR | Mortgage - 4.00%, 2049 | ** | 52,875 | |
| FHMS K065 A1 WM27 WC4.3550 | Mortgage - 2.86%, 2026 | ** | 1,357,502 | |
| FHMS K070 A1 | Mortgage - 3.03%, 2027 | ** | 3,881,219 | |
| FHMS KP03 A2 WM16WC.000 | Cash Equivalent - 1.78%, 2019 | ** | 208,027 | |
| FHR 2666 OD PAC WM23 WC5.84 | Mortgage - 5.50%, 2023 | ** | 376,277 | |
| FHR 2739 PG PAC WM33 WC5.552 | Mortgage - 5.00%, 2034 | ** | 678,324 | |
| FHR 2950 FN 1MLIB+45 | Cash Equivalent - 2.91%, 2035 | ** | 172,898 | |
| FHR 3185 GT SEQ WM26 WC6.43 | Mortgage - 6.00%, 2026 | ** | 143,620 | |
| FHR 3225 HF 1MLIB+51BP | Cash Equivalent - 2.97%, 2036 | ** | 218,559 | |
| FHR 3311 FN 1MLIB+30BP | Cash Equivalent - 2.76%, 2037 | ** | 73,301 | |
| FHR 3318 FL 1MLIB+40 | Cash Equivalent - 2.86%, 2037 | ** | 202,378 | |
| FHR 3339 FL 1MLIB+58 | Cash Equivalent - 3.04%, 2037 | ** | 148,715 | |
| FHR 3355 BF 1MLIB+70 | Cash Equivalent - 3.16%, 2037 | ** | 252,457 | |
| FHR 3368 AF 1MLIB+72 | Cash Equivalent - 3.18%, 2037 | ** | 33,436 | |
| FHR 3666 FC 1MLIB+73 | Cash Equivalent - 3.19%, 2040 | ** | 114,274 | |
| FHR 3699 FD VA 1MLIB+60 | Cash Equivalent - 3.06%, 2040 | ** | 327,863 | |
| FHR 3740 DF 1MLIB+48 | Cash Equivalent - 2.94%, 2040 | ** | 568,920 | |
| FHR 3743 FA 1MLIB+60 | Cash Equivalent - 3.06%, 2040 | ** | 908,474 | |
| FHR 3747 WF VA 1MLIB+48 | Cash Equivalent - 2.94%, 2040 | ** | 822,468 | |
| FHR 3751 FG 1MLIB+50 | Cash Equivalent - 2.96%, 2040 | ** | 92,480 | |
| FHR 3843 FE 1MLIB+55BP | Cash Equivalent - 3.01%, 2041 | ** | 1,101,081 | |
| FHR 3843 FG 1MLIB+55BP | Cash Equivalent - 3.01%, 2041 | ** | 1,110,078 | |
| FHR 3977 FB 1MLIB+52BP | Cash Equivalent - 2.98%, 2041 | ** | 1,290,391 | |
| FHR 3984 DF 1M LIBOR +55BP | Cash Equivalent - 3.01%, 2042 | ** | 1,608,643 | |
| FHR 4400 FA 1MLIB + 40 BP | Cash Equivalent - 2.86%, 2041 | ** | 785,544 | |
| FHR 4736 CD WM39 WC4.9483 | Mortgage - 3.00%, 2046 | ** | 1,242,786 | |
| FIN FUT EURO$ CME (WHT) 12/16/19 | Future - 0.00%, 2019 | ** | 15,774 | |
| FIN FUT US ULTRA 30YR CBT 03/20/19 | Future - 6.00%, 2019 | ** | (29,687 | ) |
| FL ST BRD OF ADMIN | Municipals - 2.64%, 2021 | ** | 1,103,962 |
14
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) | |
|---|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value | |
| FN ARM AL7090 H15T1Y+222.1 9.454 | Cash Equivalent - 4.43%, 2037 | ** | 704,564 | |
| FNA 2017-M8 A1 WM27 WC4.598 | Mortgage - 2.65%, 2027 | ** | 1,913,941 | |
| FNMA GLBL NT (2MMM) | Corporate - 2.38%, 2023 | ** | 2,197,630 | |
| FNMA NT (3MMM) | Corporate - 1.50%, 2020 | ** | 8,923,765 | |
| FNMA PASS THRU 20YR #254916 | Cash Equivalent - 5.50%, 2023 | ** | 129,633 | |
| FNMA PASS THRU 20YR #255075 | Cash Equivalent - 5.50%, 2024 | ** | 144,896 | |
| FNMA PASS THRU 20YR #AL6722 | Cash Equivalent - 5.00%, 2030 | ** | 1,963,163 | |
| FNMA PASS THRU 30YR #848210 | Cash Equivalent - 5.50%, 2035 | ** | 199,369 | |
| FNMA PASS THRU 30YR #884863 | Mortgage - 5.50%, 2036 | ** | 140,832 | |
| FNMA PASS THRU 30YR #890365 | Cash Equivalent - 5.50%, 2041 | ** | 193,515 | |
| FNMA PASS THRU 30YR #938504 | Cash Equivalent - 5.50%, 2037 | ** | 91,014 | |
| FNMA PASS THRU 30YR #BK8819 | Mortgage - 4.00%, 2048 | ** | 5,034,226 | |
| FNMA PASS THRU 30YR #MA3415 | Mortgage - 4.00%, 2048 | ** | 10,888,889 | |
| FNMA TBA 3.0% FEB 15YR | Mortgage - 3.00%, 2034 | ** | 27,027 | |
| FNMA TBA 3.0% JAN 15YR | Mortgage - 3.00%, 2034 | ** | 23,375 | |
| FNMA TBA 3.0% JAN 30YR | Mortgage - 3.00%, 2049 | ** | 227,365 | |
| FNMA TBA 3.5% FEB 15YR | Mortgage - 3.50%, 2034 | ** | 16,551 | |
| FNMA TBA 3.5% FEB 30YR | Mortgage - 3.50%, 2049 | ** | 334,026 | |
| FNMA TBA 3.5% JAN 15YR | Mortgage - 3.50%, 2034 | ** | 9,797 | |
| FNMA TBA 3.5% JAN 30YR | Mortgage - 3.50%, 2049 | ** | 493,133 | |
| FNMA TBA 4.0% FEB 30YR | Mortgage - 4.00%, 2049 | ** | 41,016 | |
| FNMA TBA 4.0% JAN 30YR | Mortgage - 4.00%, 2049 | ** | 261,065 | |
| FNMA TBA 5.0% JAN 30YR | Mortgage - 5.00%, 2049 | ** | (7,813 | ) |
| FNR 2005-13 FA 1MLIB+45 | Cash Equivalent - 2.96%, 2035 | ** | 520,655 | |
| FNR 2005-29 JB WM33 WC7.0709 | Mortgage - 4.50%, 2035 | ** | 669 | |
| FNR 2005-68 PC WM34 WC6.55 | Cash Equivalent - 5.50%, 2035 | ** | 1,699 | |
| FNR 2006-129 FM 1MLIB+25 | Cash Equivalent - 2.76%, 2037 | ** | 67,573 | |
| FNR 2007-109 GF 1MLIB+68 | Cash Equivalent - 3.19%, 2037 | ** | 578,336 | |
| FNR 2007-25 FB 1MLIB+33BP | Cash Equivalent - 2.84%, 2037 | ** | 33,172 | |
| FNR 2007-27 FA 1MLIB+31BP | Cash Equivalent - 2.82%, 2037 | ** | 22,896 | |
| FNR 2007-38 FC 1MLIB+42 | Cash Equivalent - 2.93%, 2037 | ** | 125,530 | |
| FNR 2007-70 FA 1MLIB+35BP | Cash Equivalent - 2.86%, 2037 | ** | 99,512 | |
| FNR 2008-12 FA 1MLIB+67BP FRN | Cash Equivalent - 3.18%, 2038 | ** | 812,429 | |
| FNR 2010-111 FC 1MLIB+52 | Cash Equivalent - 3.03%, 2040 | ** | 120,246 | |
| FNR 2010-115 FM 1MLIB+50 | Cash Equivalent - 3.01%, 2040 | ** | 862,920 | |
| FNR 2010-117 FE 1MLIB+40BP | Cash Equivalent - 2.91%, 2040 | ** | 78,869 | |
| FNR 2010-129 FM 1MLIB+50 | Cash Equivalent - 3.01%, 2040 | ** | 227,193 | |
| FNR 2010-135 LF 1MLIB+45 | Cash Equivalent - 2.96%, 2040 | ** | 399,807 | |
| FNR 2010-141 FB 1MLIB+47 | Cash Equivalent - 2.98%, 2040 | ** | 115,317 |
15
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) |
|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value |
| FNR 2010-2 GF 1MLIB+55BP | Cash Equivalent - 3.06%, 2049 | ** | 214,879 |
| FNR 2010-46 WF 1MLIB+75BP | Cash Equivalent - 3.26%, 2040 | ** | 1,078,981 |
| FNR 2010-59 FA 1MLIB+73BP | Cash Equivalent - 3.24%, 2040 | ** | 1,555,727 |
| FNR 2011-86 KF 1MLIB+55 | Cash Equivalent - 3.06%, 2041 | ** | 298,612 |
| FNR 2012-141 FA 1MLIB+30BP | Cash Equivalent - 2.81%, 2042 | ** | 892,649 |
| FNR 2013-39 FA 1MLIB+35BP | Cash Equivalent - 2.86%, 2043 | ** | 928,069 |
| FNR 2015-79 FE 1MLIB+25BP | Cash Equivalent - 2.76%, 2045 | ** | 1,833,591 |
| FNR 2015-87 BF 1MLIB+30BP | Cash Equivalent - 2.81%, 2045 | ** | 1,163,779 |
| FNR 2016-11 CF 1MLIB+35BP | Cash Equivalent - 2.86%, 2046 | ** | 2,136,122 |
| FNR 2016-40 AF 1MLIB+45BP | Cash Equivalent - 2.80%, 2046 | ** | 2,244,495 |
| FNR 2016-64 KF WM38 WC3.3381 | Cash Equivalent - 2.82%, 2046 | ** | 2,422,075 |
| FNR 2016-82 FM 1MLIB+40BP | Cash Equivalent - 2.75%, 2046 | ** | 3,151,400 |
| FNR 2016-87 AF 1MLIB+40BP | Cash Equivalent - 2.75%, 2046 | ** | 3,496,434 |
| GE CAPITAL INTL FUNDING SR UNSEC | Corporate - 2.34%, 2020 | ** | 3,812,400 |
| GENERAL ELECTRIC CO SR UNSEC | Corporate - 2.70%, 2022 | ** | 699,075 |
| GENERAL MOTORS FINL CO SR UNSEC | Corporate - 2.35%, 2019 | ** | 497,286 |
| GENERAL MOTORS FINL CO SR UNSEC | Corporate - 3.55%, 2021 | ** | 594,706 |
| GNMA I TBA 4.0% JAN 30YR | Mortgage - 4.00%, 2049 | ** | 105,422 |
| GNMA II MULTPL SGL 30YR #MA3105M | Mortgage - 3.50%, 2045 | ** | 5,287,870 |
| GNMA II TBA 4.0% JAN 30YR JMBO | Mortgage - 4.00%, 2049 | ** | 177,625 |
| GNMA II TBA 5.0% FEB 30YR JMBO | Cash Equivalent - 5.00%, 2049 | ** | 6,836 |
| GNMA II TBA 5.0% JAN 30YR JMBO | Cash Equivalent - 5.00%, 2049 | ** | 4,492 |
| GNR 2012-149 GF 1MLIB+30BP | Cash Equivalent - 2.77%, 2042 | ** | 2,203,015 |
| GNR 2016-154 WF 1MLIB+40BP | Cash Equivalent - 2.75%, 2045 | ** | 727,330 |
| GNR 2017-57 WF 1MLIB+40BP | Cash Equivalent - 2.75%, 2045 | ** | 1,470,312 |
| GOLDCORP INC G | Corporate - 3.63%, 2021 | ** | 699,211 |
| GOLDMAN SACHS GROUP INC GLBL SR UNSEC | Corporate - 5.25%, 2021 | ** | 2,626,821 |
| GOLDMAN SACHS GROUP INC SR NT | Corporate - 5.38%, 2020 | ** | 1,624,109 |
| GOLDMAN SACHS GROUP INC SR UNSEC | Corporate - 4.00%, 2024 | ** | 2,387,079 |
| HARLEY-DAVIDSON FINL SER 144A SR UNSEC | Corporate - 3.65%, 2021 | ** | 1,803,920 |
| HARRIS CORPORATION SR UNSEC | Corporate - 3.17%, 2019 | ** | 1,301,997 |
| HSBC HOLDINGS PLC SR UNSEC | Corporate - 3.60%, 2023 | ** | 1,295,914 |
| HSBC HOLDINGS PLC SR UNSEC | Corporate - 3.95%, 2024 | ** | 1,995,540 |
| HYUNDAI CAPITAL AMERICA | Corporate - 1.75%, 2019 | ** | 494,959 |
| HYUNDAI CAPITAL AMERICA SR UNSEC 144A | Corporate - 2.55%, 2019 | ** | 1,105,561 |
| IND & COMM BK CHINA/NY SR UNSEC | Cash Equivalent - 3.34%, 2020 | ** | 1,702,082 |
| ING GROEP NV SR UNSEC | Corporate - 4.10%, 2023 | ** | 1,307,795 |
| IRS USD 1.50000 06/21/17-10Y CME | Interest Rate Swap - 1.50%, 2024 | ** | 827,307 |
| IRS USD 1.75000 12/21/16-10Y CME | Interest Rate Swap - 1.75%, 2026 | ** | 300,318 |
16
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) |
|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value |
| IRS USD 2.00000 06/20/18-5Y LCH | Interest Rate Swap - 2.00%, 2023 | ** | 209,023 |
| IRS USD 2.00000 06/20/18-7Y CME | Interest Rate Swap - 2.00%, 2025 | ** | 279,935 |
| ITAU CORPBANCA 144A SR UNSEC | Corporate - 3.88%, 2019 | ** | 1,515,982 |
| JACKSON NATL LIFE GLOBAL SEC 144A | Corporate - 2.50%, 2022 | ** | 1,934,849 |
| JACKSON NATL LIFE GLOBAL SEC 144A | Corporate - 3.30%, 2021 | ** | 1,501,253 |
| JPMBB 2013-C17 ASB WM23 WC4.9082 | Mortgage - 3.71%, 2047 | ** | 1,375,993 |
| JPMBB 2014-C22 ASB WM24 WC4.580566404 | Mortgage - 3.50%, 2047 | ** | 1,762,901 |
| JPMBB 2015-C27 ASB | Mortgage - 3.02%, 2048 | ** | 1,585,550 |
| JPMORGAN CHASE & CO SR UNSEC | Corporate - 3.37%, 2024 | ** | 2,747,718 |
| JPMORGAN CHASE & CO SR UNSEC | Corporate - 2.78%, 2023 | ** | 1,459,320 |
| JPMORGAN CHASE & CO UNSEC | Corporate - 3.90%, 2025 | ** | 2,503,984 |
| JPN BANK FOR INT'L COOP | Corporate - 2.13%, 2020 | ** | 3,085,850 |
| KFW SR UNSEC | Cash Equivalent - 1.50%, 2019 | ** | 1,804,469 |
| KINDER MORGAN ENER PART | Corporate - 3.95%, 2022 | ** | 2,090,685 |
| KOREA EXPRESSWAY CORP SR UNSEC 144A | Corporate - 3.63%, 2021 | ** | 710,082 |
| KRAFT FOODS GROUP INC WI SR UNSEC | Corporate - 5.38%, 2020 | ** | 103,462 |
| KRAFT HEINZ FOODS CO SR UNSEC | Corporate - 3.19%, 2021 | ** | 99,437 |
| KRAFT HEINZ FOODS CO SR UNSEC | Corporate - 3.02%, 2019 | ** | 599,970 |
| KRAFT HEINZ FOODS CO SR UNSEC | Corporate - 2.80%, 2020 | ** | 1,200,833 |
| LLOYDS BANK PLC SR UNSEC | Corporate - 3.30%, 2021 | ** | 1,500,007 |
| LLOYDS BANKING GROUP PLC SR UNSEC | Corporate - 2.91%, 2023 | ** | 1,805,308 |
| LOS ANGELES CO REDEV | Municipals - 2.00%, 2023 | ** | 1,835,913 |
| MEXICO LA SP GST | Credit Default Swap - 1.00%, 2019 | ** | 6,228 |
| MIZUHO FINANCIAL GROUP SR UNSEC | Cash Equivalent - 3.92%, 2021 | ** | 3,116,077 |
| MOODY'S CORPORATION SR UNSEC | Corporate - 4.88%, 2024 | ** | 3,190,237 |
| MORGAN STANLEY | Corporate - 5.50%, 2020 | ** | 2,088,715 |
| MORGAN STANLEY NT | Corporate - 5.50%, 2020 | ** | 4,247,242 |
| MSBAM 2013-C13 ASB WM23 WC4.922172434 | Mortgage - 3.56%, 2046 | ** | 1,112,334 |
| MSBAM 2014-C16 A4 WM23 C4.78111 | Mortgage - 3.60%, 2047 | ** | 2,074,202 |
| MSBAM 2014-C18 A2 WM14 | Cash Equivalent - 3.19%, 2047 | ** | 2,029,059 |
| MSBAM 2015-C20 ASB WM24 WC4.486757058 | Mortgage - 3.07%, 2049 | ** | 1,202,197 |
| NA DEVELOPMENT BANK GLBL SR UNSECURED | Corporate - 4.38%, 2020 | ** | 4,921,273 |
| NISSAN MOTOR ACCEPTANCE SR UNSEC 144A | Cash Equivalent - 2.25%, 2020 | ** | 1,983,154 |
| NISSAN MOTOR ACCEPTANCE SR UNSEC 144A | Corporate - 2.15%, 2020 | ** | 390,005 |
| NYC TRANS FIN AUTH-B2 | Municipals - 3.25%, 2023 | ** | 1,822,288 |
| OVERSEA-CHINESE BANKING SR UNSEC 144A | Cash Equivalent - 3.09%, 2021 | ** | 801,363 |
| PENSKE TRUCK LEASING/PTL SR UNSEC 144A | Corporate - 3.05%, 2020 | ** | 1,606,301 |
17
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) |
|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value |
| PRIVATE EXPORT FUNDING SR UNSEC 144A | Cash Equivalent - 2.10%, 2019 | ** | 1,589,719 |
| PRIVATE EXPORT FUNDING SR UNSEC 144A | Corporate - 2.65%, 2021 | ** | 2,415,677 |
| PRUDENTIAL FINANCIAL INC SNR S* ICE | Credit Default Swap - 1.00%, 2021 | ** | 22,274 |
| RABOBANK NEDERLAND UTREC | Corporate - 3.88%, 2022 | ** | 3,569,630 |
| ROYAL BK SCOTLND GRP PLC SR UNSEC | Corporate - 3.88%, 2023 | ** | 966,107 |
| SAN JOSE REDEV-A-T | Municipals - 3.13%, 2028 | ** | 776,288 |
| SANTANDER HOLDINGS USA SR UNSEC | Corporate - 4.50%, 2025 | ** | 1,102,955 |
| SANTANDER UK GROUP HLDGS SR UNSEC | Corporate - 2.88%, 2021 | ** | 1,458,331 |
| SANTANDER UK PLC SR UNSEC | Cash Equivalent - 3.36%, 2021 | ** | 990,780 |
| SAUDI INTERNATIONAL BOND | Govt-Non US - 2.88%, 2023 | ** | 2,904,399 |
| SBA TOWER TRUST NT SEC 144A 1A C | Corporate - 2.90%, 2044 | ** | 2,188,806 |
| SINOPEC GRP OVERSEA 2014 | Cash Equivalent - 2.75%, 2019 | ** | 3,007,959 |
| SLCLT 2005-1 A3 3MLIB+10BP | Cash Equivalent - 2.72%, 2025 | ** | 628,781 |
| SLCLT 2005-2 A3 3MLIB+11BP | Cash Equivalent - 2.90%, 2027 | ** | 805,672 |
| SLCLT 2006-1 A5 3MLIB+11BP | Cash Equivalent - 2.90%, 2027 | ** | 803,707 |
| SLCLT 2006-2 A5 3MLIB+10BP | Cash Equivalent - 2.89%, 2026 | ** | 745,020 |
| SLMA 2004-3 A5 3MLIB+17 | Cash Equivalent - 2.66%, 2023 | ** | 308,516 |
| SLMA 2005-3 A5 | Cash Equivalent - 2.58%, 2024 | ** | 402,364 |
| SLMA 2005-4 A3 | Cash Equivalent - 2.61%, 2027 | ** | 986,790 |
| SLMA 2005-7 A4 3MLIB+15BP | Cash Equivalent - 2.64%, 2029 | ** | 863,033 |
| SLMA 2005-8 A4 3MLIB | Cash Equivalent - 3.04%, 2028 | ** | 110,994 |
| SLMA 2006-6 A3 3MLIB+11BP | Cash Equivalent - 2.60%, 2025 | ** | 284,457 |
| SLMA 2007-1 A5 3MLIB+9 | Cash Equivalent - 2.58%, 2026 | ** | 629,864 |
| SOLVAY FINANCE (AMERICA) SR UNSEC 144A | Corporate - 3.40%, 2020 | ** | 1,702,317 |
| SOUTHERN CO SR UNSEC 144A | Corporate - 3.50%, 2020 | ** | 1,595,765 |
| STATE OF QATAR SR UNSEC 144A | Govt-Non US - 3.88%, 2023 | ** | 1,220,311 |
| STATE STREET STIF | Cash Equivalent - 2.46%, 2030 | ** | 503,681 |
| SUMITOMO MITSUI FINL GRP SR UNSEC | Corporate - 2.44%, 2021 | ** | 2,934,335 |
| TECH DATA CORP SR UNSEC | Corporate - 3.70%, 2022 | ** | 692,623 |
| TELEFONICA EMISIONES SAU | Corporate - 5.46%, 2021 | ** | 524,025 |
| TELEFONICA EMISIONES SAU GLBL CO GTD | Corporate - 5.13%, 2020 | ** | 1,949,298 |
| TENN VALLEY AUTHORITY SR UNSEC | Corporate - 2.25%, 2020 | ** | 500,198 |
| TOYOTA MOTOR CREDIT CORP SR UNSEC | Corporate - 3.04%, 2022 | ** | 1,982,740 |
| U S TREASURY NOTE | US Treasury - 2.75%, 2023 | ** | 3,966,706 |
| U S TREASURY NOTE | US Treasury - 2.00%, 2024 | ** | 4,863,530 |
| U S TREASURY NOTE | US Treasury - 2.00%, 2024 | ** | 11,592,774 |
| U S TREASURY NOTE | US Treasury - 2.13%, 2022 | ** | 5,979,768 |
| U S TREASURY NOTE | US Treasury - 2.00%, 2024 | ** | 7,903,474 |
| U S TREASURY NOTE | US Treasury - 2.13%, 2021 | ** | 12,643,295 |
18
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) | |
|---|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value | |
| U S TREASURY NOTE | US Treasury - 2.88%, 2023 | ** | 6,521,332 | |
| U S TREASURY NOTE | US Treasury - 2.00%, 2020 | ** | 786,538 | |
| U S TREASURY NOTE | US Treasury - 2.00%, 2020 | ** | 1,209,751 | |
| U S TREASURY NOTE | US Treasury - 1.88%, 2024 | ** | 4,892,297 | |
| U S TREASURY REPO | Cash Equivalent - 3.15%, 2019 | ** | 79,603,803 | |
| UBS GROUP FUNDING SWITZE SR UNSEC 144A | Corporate - 2.86%, 2023 | ** | 3,388,604 | |
| UBSBB 2013-C5 AAB WM22 WC4.120420506 | Mortgage - 2.69%, 2043 | ** | 999,320 | |
| UBSCM 2017-C7 ASB | Mortgage - 3.59%, 2020 | ** | 1,619,721 | |
| UNIV OF PITTSBURGH PA | Municipals - 2.32%, 2021 | ** | 2,985,810 | |
| UT ST-BABS-B | Municipals - 3.54%, 2025 | ** | 2,793,236 | |
| VERIZON COMMUNICATIONS SR UNSEC | Corporate - 3.38%, 2025 | ** | 3,261,024 | |
| VM CASH CCP CME FOB USD | Cash Equivalent - 0.01%, 2060 | ** | (14,591 | ) |
| VM CASH CCP ICE FOB USD | Cash Equivalent - 0.01%, 2060 | ** | (30,510 | ) |
| VM CASH CCP LCH FOB USD | Cash Equivalent - 0.01%, 2060 | ** | (17,888 | ) |
| VM CASH FUT DOM FOB USD | Cash Equivalent - 2.30%, 2060 | ** | (172,596 | ) |
| VOLKSWAGEN GROUP AMERICA SR UNSEC 144A | Corporate - 3.88%, 2020 | ** | 1,008,148 | |
| WELLS FARGO & COMPANY SR UNSEC | Corporate - 3.55%, 2025 | ** | 2,826,602 | |
| WELLS FARGO & COMPANY SR UNSEC | Corporate - 3.60%, 2023 | ** | 1,790,370 | |
| WELLS FARGO BANK NA SR UNSEC FRN | Cash Equivalent - 2.94%, 2020 | ** | 1,692,711 | |
| WFCM 2015-C26 ASB WM15 | Mortgage - 2.99%, 2048 | ** | 1,489,982 | |
| WFCM 2015-C29 ASB WM15 | Mortgage - 3.40%, 2048 | ** | 1,618,979 | |
| WFCM 2015-C30 ASB WM25 WC4.53 | Mortgage - 3.41%, 2058 | ** | 1,712,075 | |
| WFCM 2016-C35 ASB WM16 WC0.0 | Mortgage - 2.79%, 2058 | ** | 1,426,235 | |
| WFCM 2017-C42 ASB | Mortgage - 3.49%, 2050 | ** | 1,511,149 | |
| WISCONSIN-A-REF-TXBL | Municipals - 1.90%, 2022 | ** | 1,842,637 | |
| Capital Preservation Fund Total | 510,135,490 | |||
| ARTISAN MIDCAP INVESTOR FUND | ||||
| STATE STREET STIF | Money market fund | ** | 6,756,838 | |
| ABIOMED INC | COMMON STOCK | ** | 517,789 | |
| ADVANCED MICRO DEVICES | COMMON STOCK | ** | 1,710,393 | |
| AGILENT TECHNOLOGIES INC | COMMON STOCK | ** | 2,543,175 | |
| ALBEMARLE CORP | COMMON STOCK | ** | 1,826,713 | |
| ALEXION PHARMACEUTICALS INC | COMMON STOCK | ** | 2,357,086 | |
| ALIGN TECHNOLOGY INC | COMMON STOCK | ** | 1,681,932 | |
| APTIV PLC | COMMON STOCK | ** | 2,192,138 | |
| ATLASSIAN CORP PLC CLASS A | COMMON STOCK | ** | 8,347,748 |
19
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) |
|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value |
| BOSTON SCIENTIFIC CORP | COMMON STOCK | ** | 6,107,317 |
| BOX INC CLASS A | COMMON STOCK | ** | 827,002 |
| BROADRIDGE FINANCIAL SOLUTIO | COMMON STOCK | ** | 1,558,095 |
| CANADA GOOSE HOLDINGS INC | COMMON STOCK | ** | 2,351,917 |
| CHIPOTLE MEXICAN GRILL INC | COMMON STOCK | ** | 879,124 |
| CINTAS CORP | COMMON STOCK | ** | 2,305,999 |
| COGNEX CORP | COMMON STOCK | ** | 864,236 |
| CONCHO RESOURCES INC | COMMON STOCK | ** | 1,133,465 |
| CREE INC | COMMON STOCK | ** | 2,951,133 |
| EDWARDS LIFESCIENCES CORP | COMMON STOCK | ** | 3,018,981 |
| EXACT SCIENCES CORP | COMMON STOCK | ** | 2,206,165 |
| EXPEDIA GROUP INC | COMMON STOCK | ** | 3,425,123 |
| FIRST REPUBLIC BANK/CA | COMMON STOCK | ** | 3,799,268 |
| FLIR SYSTEMS INC | COMMON STOCK | ** | 2,535,987 |
| FORTIVE CORP | COMMON STOCK | ** | 1,854,155 |
| GARDNER DENVER HOLDINGS INC | COMMON STOCK | ** | 2,977,193 |
| GLOBAL PAYMENTS INC | COMMON STOCK | ** | 7,923,065 |
| GUIDEWIRE SOFTWARE INC | COMMON STOCK | ** | 3,837,561 |
| HARRIS CORP | COMMON STOCK | ** | 4,006,780 |
| HASBRO INC | COMMON STOCK | ** | 751,969 |
| HUBSPOT INC | COMMON STOCK | ** | 2,528,807 |
| IHS MARKIT LTD | COMMON STOCK | ** | 6,577,502 |
| INSULET CORP | COMMON STOCK | ** | 1,403,329 |
| LAM RESEARCH CORP | COMMON STOCK | ** | 1,714,108 |
| LULULEMON ATHLETICA INC | COMMON STOCK | ** | 2,810,529 |
| MARKETAXESS HOLDINGS INC | COMMON STOCK | ** | 916,451 |
| MAXIM INTEGRATED PRODUCTS | COMMON STOCK | ** | 1,727,120 |
| MOTOROLA SOLUTIONS INC | COMMON STOCK | ** | 3,854,185 |
| NEUROCRINE BIOSCIENCES INC | COMMON STOCK | ** | 1,639,145 |
| NEW YORK TIMES CO A | COMMON STOCK | ** | 1,738,932 |
| OLLIE'S BARGAIN OUTLET HOLDINGS | COMMON STOCK | ** | 400,390 |
| PAGSEGURO DIGITAL LTD CL A | COMMON STOCK | ** | 827,585 |
| PROGRESSIVE CORP | COMMON STOCK | ** | 6,363,427 |
| ROKU INC | COMMON STOCK | ** | 634,554 |
| ROPER TECHNOLOGIES INC | COMMON STOCK | ** | 4,419,435 |
| SAGE THERAPEUTICS INC | COMMON STOCK | ** | 348,388 |
| SERVICEMASTER GLOBAL HOLDING | COMMON STOCK | ** | 825,695 |
| STANLEY BLACK & DECKER INC | COMMON STOCK | ** | 3,293,329 |
| SVB FINANCIAL GROUP | COMMON STOCK | ** | 1,183,012 |
20
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) |
|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value |
| TABLEAU SOFTWARE INC CL A | COMMON STOCK | ** | 5,944,200 |
| TAKE TWO INTERACTIVE SOFTWRE | COMMON STOCK | ** | 3,170,243 |
| TD AMERITRADE HOLDING CORP | COMMON STOCK | ** | 2,715,615 |
| TIFFANY & CO COMMON STOCK | COMMON STOCK | ** | 177,605 |
| THE TRADE DESK INC | COMMON STOCK | ** | 958,075 |
| TRANSUNION | COMMON STOCK | ** | 3,041,924 |
| TRIMBLE INC | COMMON STOCK | ** | 1,129,537 |
| TWITTER INC | COMMON STOCK | ** | 1,039,641 |
| UNDER ARMOUR INC CLASS A | COMMON STOCK | ** | 842,046 |
| US DOLLAR | FOREIGN CURRENCY | ** | 629,147 |
| VEEVA SYSTEMS INC CLASS A | COMMON STOCK | ** | 5,541,591 |
| WABTEC CORP | COMMON STOCK | ** | 1,371,280 |
| WAYFAIR INC CLASS A | COMMON STOCK | ** | 1,812,500 |
| WELLCARE HEALTH PLANS INC | COMMON STOCK | ** | 1,881,637 |
| WEST PHARMACEUTICAL SERVICES | COMMON STOCK | ** | 2,151,366 |
| WORLDPAY INC CLASS A | COMMON STOCK | ** | 4,262,119 |
| ZYNGA INC CL A | COMMON STOCK | ** | 2,863,022 |
| Artisan Midcap Investor Fund Total | 165,985,818 | ||
| METWEST TOTAL RETURN FUND | |||
| STATE STREET STIF | Money market fund | ** | 19,743,407 |
| ABBVIE INC SR UNSECURED | CORPORATE BONDS - 4.30%, 2036 | ** | 89,217 |
| ABBVIE INC SR UNSECURED | CORPORATE BONDS - 4.70%, 2045 | ** | 113,677 |
| ACE SECURITIES CORP. ACE 2004 IN1 A1 | OTHER ASSET BACKED - 3.15%, 2034 | ** | 1,016,832 |
| AERCAP IRELAND CAP/GLOBA COMPANY GUAR | CORPORATE BONDS - 3.95%, 2022 | ** | 245,609 |
| AERCAP IRELAND CAP/GLOBA COMPANY GUAR | CORPORATE BONDS - 4.50%, 2021 | ** | 345,996 |
| AIR LEASE CORP SR UNSECURED | CORPORATE BONDS - 4.75%, 2020 | ** | 410,580 |
| ALEXANDRIA REAL ESTATE E COMPANY GUAR | CORPORATE BONDS - 2.75%, 2020 | ** | 496,092 |
| ALIMENTATION COUCHE TARD COMPANY GUAR 144A | CORPORATE BONDS - 3.55%, 2027 | ** | 443,495 |
| ALLERGAN FUNDING SCS COMPANY GUAR | CORPORATE BONDS - 4.55%, 2035 | ** | 166,005 |
| AMER AIRLN 13 1 A PASS T AMER AIRLN 13 1 A PASS T | OTHER ASSET BACKED - 4.00%, 2027 | ** | 297,616 |
| AMERICA WEST AIR 2000 1 PASS THRU CE | CORPORATE BONDS - 8.06%, 2022 | ** | 357,882 |
| AMERICAN CAMPUS CMNTYS COMPANY GUAR | CORPORATE BONDS - 3.35%, 2020 | ** | 398,630 |
| AMERICAN HOME MORTGAGE INVESTM AHM 2004 4 4A | MORTGAGE - 4.89%, 2045 | ** | 469,518 |
21
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) | |
|---|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value | |
| AMERICAN TOWER CORP SR UNSECURED | CORPORATE BONDS - 3.00%, 2023 | ** | 230,910 | |
| AMGEN INC SR UNSECURED | CORPORATE BONDS - 4.40%, 2045 | ** | 285,232 | |
| ANHEUSER BUSCH CO/INBEV COMPANY GUAR 144A | CORPORATE BONDS - 3.65%, 2026 | ** | 141,832 | |
| ANHEUSER BUSCH CO/INBEV COMPANY GUAR 144A | CORPORATE BONDS - 4.90%, 2046 | ** | 111,286 | |
| ANHEUSER BUSCH INBEV WOR COMPANY GUAR | CORPORATE BONDS - 4.00%, 2028 | ** | 334,787 | |
| ANTHEM INC SR UNSECURED | CORPORATE BONDS - 2.25%, 2019 | ** | 298,392 | |
| ASTRAZENECA PLC SR UNSECURED | CORPORATE BONDS - 3.13%, 2027 | ** | 116,275 | |
| AT+T INC SR UNSECURED | CORPORATE BONDS - 4.30%, 2030 | ** | 236,246 | |
| AT+T INC SR UNSECURED | CORPORATE BONDS - 5.25%, 2037 | ** | 648,270 | |
| AT+T INC SR UNSECURED | CORPORATE BONDS - 4.75%, 2046 | ** | 426,189 | |
| AT+T INC SR UNSECURED | CORPORATE BONDS - 4.80%, 2044 | ** | 192,708 | |
| BACARDI LTD COMPANY GUAR 144A | CORPORATE BONDS - 4.70%, 2027 | ** | 211,417 | |
| BANC OF AMERICA MERRILL LYNCH BAMLL 2018 PARK A 144A | MORTGAGE - 4.09%, 2030 | ** | 332,401 | |
| BANK OF AMERICA CORP SR UNSECURED | CORPORATE BONDS - 2.74%, 2022 | ** | 590,895 | |
| BANK OF AMERICA CORP SR UNSECURED | CORPORATE BONDS - 2.37%, 2021 | ** | 785,684 | |
| BANK OF AMERICA CORP SR UNSECURED | CORPORATE BONDS - 3.59%, 2028 | ** | 625,891 | |
| BANK OF AMERICA CORP SR UNSECURED | CORPORATE BONDS - 4.27%, 2029 | ** | 597,184 | |
| BANK OF AMERICA CORP SR UNSECURED | CORPORATE BONDS - 3.09%, 2025 | ** | 336,608 | |
| BANK OF AMERICA CORP SR UNSECURED | CORPORATE BONDS - 3.00%, 2023 | ** | 473,368 | |
| BANK OF NY MELLON CORP SR UNSECURED | CORPORATE BONDS - 2.66%, 2023 | ** | 583,268 | |
| BANK OF NY MELLON CORP SR UNSECURED | CORPORATE BONDS - 3.25%, 2024 | ** | 108,576 | |
| BAXALTA INC COMPANY GUAR | CORPORATE BONDS - 2.88%, 2020 | ** | 125,865 | |
| BAYER US FINANCE II LLC COMPANY GUAR 144A | CORPORATE BONDS - 4.38%, 2020 | ** | 415,317 | |
| BAYER US FINANCE LLC COMPANY GUAR 144A | CORPORATE BONDS - 2.38%, 2019 | ** | 347,202 | |
| BCAP LLC TRUST BCAP 2008 IND2 A1 | MORTGAGE - 4.16%, 2038 | ** | 323,959 | |
| BEAR STEARNS ADJUSTABLE RATE M BSARM 2003 7 9A | MORTGAGE - 4.73%, 2033 | ** | 462,732 | |
| BECTON DICKINSON AND CO SR UNSECURED | CORPORATE BONDS - 3.68%, 2020 | ** | 296,985 | |
| BOSTON PROPERTIES LP SR UNSECURED | CORPORATE BONDS - 3.20%, 2025 | ** | 229,170 | |
| BROADCOM CRP / CAYMN FI COMPANY GUAR | CORPORATE BONDS - 2.38%, 2020 | ** | 395,004 | |
| BWFCME003 IRS USD P F 3.08180 SWFCME003_FIX CCPVANILLA | INTEREST RATE SWAP - 3.08%, 2024 | ** | (4,835,000 | ) |
| BWFCME003 IRS USD R V 03MLIBOR SWFCME003_FLO CCPVANILLA | INTEREST RATE SWAP - 1.00%, 2024 | ** | 4,835,000 | |
| CAMPBELL SOUP CO SR UNSECURED | CORPORATE BONDS - 3.29%, 2020 | ** | 346,887 | |
| CANADIAN NATL RESOURCES SR UNSECURED | CORPORATE BONDS - 3.85%, 2027 | ** | 69,806 |
22
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) |
|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value |
| CELGENE CORP SR UNSECURED | CORPORATE BONDS - 5.00%, 2045 | ** | 323,639 |
| CENTEX HOME EQUITY CXHE 2005 D M2 | OTHER ASSET BACKED - 2.97%, 2035 | ** | 312,574 |
| CHARTER COMM OPT LLC/CAP SR SECURED | CORPORATE BONDS - 4.50%, 2024 | ** | 199,696 |
| CHARTER COMM OPT LLC/CAP SR SECURED | CORPORATE BONDS - 3.75%, 2028 | ** | 284,954 |
| CIGNA CORP COMPANY GUAR 144A | CORPORATE BONDS - 4.13%, 2025 | ** | 499,296 |
| CIGNA HOLDING CO COMPANY GUAR | CORPORATE BONDS - 3.05%, 2027 | ** | 324,731 |
| CITIBANK NA SR UNSECURED | CORPORATE BONDS - 3.05%, 2030 | ** | 1,313,331 |
| CITIBANK NA SR UNSECURED | CORPORATE BONDS - 3.40%, 2021 | ** | 340,432 |
| CITIGROUP INC SR UNSECURED | CORPORATE BONDS - 3.14%, 2023 | ** | 392,900 |
| CITIGROUP INC SR UNSECURED | CORPORATE BONDS - 2.50%, 2019 | ** | 597,950 |
| CITIGROUP INC SR UNSECURED | CORPORATE BONDS - 3.67%, 2028 | ** | 552,636 |
| CITIGROUP MORTGAGE LOAN TRUST CMLTI 2015 6 2A1 144A | MORTGAGE - 2.59%, 2035 | ** | 331,819 |
| CITYLINE COMMERCIAL MORTGAGE T CLMT 2016 CLNE A 144A | MORTGAGE - 2.78%, 2031 | ** | 274,317 |
| COLLEGIATE FUNDING SERVICES ED COELT 2005 A A4 | OTHER ASSET BACKED - 3.01%, 2035 | ** | 1,059,423 |
| COMCAST CORP COMPANY GUAR | CORPORATE BONDS - 4.70%, 2048 | ** | 555,984 |
| COMM MORTGAGE TRUST COMM 2013 300P A1 144A | MORTGAGE - 4.35%, 2030 | ** | 215,294 |
| COMM MORTGAGE TRUST COMM 2016 787S A 144A | MORTGAGE - 3.55%, 2036 | ** | 213,652 |
| CONTL AIRLINES 2007 1 PASS THRU CE | CORPORATE BONDS - 5.98%, 2023 | ** | 99,974 |
| CONTL AIRLINES 2009 2 PASS THRU CE | CORPORATE BONDS - 7.25%, 2021 | ** | 543,943 |
| CORE INDUSTRIAL TRUST CORE 2015 CALW A 144A | MORTGAGE - 3.04%, 2034 | ** | 217,485 |
| CORE INDUSTRIAL TRUST CORE 2015 TEXW A 144A | MORTGAGE - 3.08%, 2034 | ** | 227,314 |
| COX COMMUNICATIONS INC SR UNSECURED 144A | CORPORATE BONDS - 3.15%, 2024 | ** | 336,701 |
| CREDIT SUISSE MORTGAGE TRUST CSMC 2018 RPL9 A 144A | MORTGAGE - 3.85%, 2057 | ** | 986,160 |
| CROWN CASTLE INTL CORP SR UNSECURED | CORPORATE BONDS - 3.20%, 2024 | ** | 564,480 |
| CVS HEALTH CORP SR UNSECURED | CORPORATE BONDS - 5.05%, 2048 | ** | 564,114 |
| CVS HEALTH CORP SR UNSECURED | CORPORATE BONDS - 5.13%, 2045 | ** | 194,682 |
| DELL INT LLC / EMC CORP SR SECURED 144A | CORPORATE BONDS - 3.48%, 2019 | ** | 398,818 |
| DRYDEN SENIOR LOAN FUND DRSLF 2012 25A ARR 144A | OTHER ASSET BACKED - 3.34%, 2027 | ** | 323,970 |
| DRYDEN SENIOR LOAN FUND DRSLF 2018 71A A 144A | OTHER ASSET BACKED - 1.00%, 2029 | ** | 435,000 |
| DUKE ENERGY CAROLINAS 1ST REF MORT | CORPORATE BONDS - 3.75%, 2045 | ** | 645,104 |
| DUKE ENERGY PROGRESS LLC 1ST MORTGAGE | CORPORATE BONDS - 4.20%, 2045 | ** | 496,142 |
| DUQUESNE LIGHT HOLDINGS SR UNSECURED 144A | CORPORATE BONDS - 5.90%, 2021 | ** | 846,399 |
23
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) |
|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value |
| EMERA US FINANCE LP COMPANY GUAR | CORPORATE BONDS - 2.15%, 2019 | ** | 654,604 |
| ENERGY TRANSFER OPERATNG COMPANY GUAR | CORPORATE BONDS - 5.15%, 2045 | ** | 302,785 |
| FANNIE MAE FNR 2018 38 PA | MORTGAGE - 3.50%, 2047 | ** | 1,091,509 |
| FANNIE MAE FNR 2018 55 PA | MORTGAGE - 3.50%, 2047 | ** | 242,895 |
| FANNIE MAE FNR 2018 86 JA | MORTGAGE - 4.00%, 2047 | ** | 594,209 |
| FANNIEMAE ACES FNA 2012 M11 FA | MORTGAGE - 2.80%, 2019 | ** | 118,144 |
| FANNIEMAE ACES FNA 2015 M1 A2 | MORTGAGE - 2.53%, 2024 | ** | 1,126,875 |
| FANNIEMAE ACES FNA 2017 M11 FA | MORTGAGE - 2.77%, 2024 | ** | 677,957 |
| FARMERS EXCHANGE CAP III SUBORDINATED 144A | CORPORATE BONDS - 5.45%, 2054 | ** | 696,743 |
| FED HM LN PC POOL C91981 FG | MORTGAGE - 3.00%, 2038 | ** | 469,815 |
| FED HM LN PC POOL G07957 FG | MORTGAGE - 4.00%, 2045 | ** | 780,024 |
| FED HM LN PC POOL G08711 FG | MORTGAGE - 3.50%, 2046 | ** | 1,072,444 |
| FED HM LN PC POOL G08715 FG | MORTGAGE - 3.00%, 2046 | ** | 1,272,496 |
| FED HM LN PC POOL G08716 FG | MORTGAGE - 3.50%, 2046 | ** | 359,786 |
| FED HM LN PC POOL G08721 FG | MORTGAGE - 3.00%, 2046 | ** | 701,671 |
| FED HM LN PC POOL G08726 FG | MORTGAGE - 3.00%, 2046 | ** | 833,030 |
| FED HM LN PC POOL G08732 FG | MORTGAGE - 3.00%, 2046 | ** | 937,341 |
| FED HM LN PC POOL G08741 FG | MORTGAGE - 3.00%, 2047 | ** | 270,770 |
| FED HM LN PC POOL G08750 FG | MORTGAGE - 3.00%, 2047 | ** | 1,631,460 |
| FED HM LN PC POOL G08791 FG | MORTGAGE - 3.00%, 2047 | ** | 298,360 |
| FED HM LN PC POOL G08792 FG | MORTGAGE - 3.50%, 2047 | ** | 628,774 |
| FED HM LN PC POOL G08795 FG | MORTGAGE - 3.00%, 2048 | ** | 301,108 |
| FED HM LN PC POOL G08800 FG | MORTGAGE - 3.50%, 2048 | ** | 987,827 |
| FED HM LN PC POOL G08816 FG | MORTGAGE - 3.50%, 2048 | ** | 194,390 |
| FED HM LN PC POOL G08833 FG | MORTGAGE - 5.00%, 2048 | ** | 304,189 |
| FED HM LN PC POOL G08844 FG | MORTGAGE - 5.00%, 2048 | ** | 1,206,405 |
| FED HM LN PC POOL G08849 FG | MORTGAGE - 5.00%, 2048 | ** | 93,108 |
| FED HM LN PC POOL G16085 FG | MORTGAGE - 2.50%, 2032 | ** | 250,717 |
| FED HM LN PC POOL G18627 FG | MORTGAGE - 3.00%, 2032 | ** | 158,701 |
| FED HM LN PC POOL G60023 FG | MORTGAGE - 3.50%, 2045 | ** | 1,460,957 |
| FED HM LN PC POOL G60344 FG | MORTGAGE - 4.00%, 2045 | ** | 1,281,158 |
| FED HM LN PC POOL G67700 FG | MORTGAGE - 3.50%, 2046 | ** | 1,218,817 |
| FED HM LN PC POOL G67703 FG | MORTGAGE - 3.50%, 2047 | ** | 1,724,501 |
| FED HM LN PC POOL G67706 FG | MORTGAGE - 3.50%, 2047 | ** | 206,209 |
| FED HM LN PC POOL G67707 FG | MORTGAGE - 3.50%, 2048 | ** | 1,849,514 |
| FED HM LN PC POOL G67708 FG | MORTGAGE - 3.50%, 2048 | ** | 2,425,622 |
| FED HM LN PC POOL G67709 FG | MORTGAGE - 3.50%, 2048 | ** | 859,801 |
| FED HM LN PC POOL G67710 FG | MORTGAGE - 3.50%, 2048 | ** | 2,046,624 |
24
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) |
|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value |
| FED HM LN PC POOL G67711 FG | MORTGAGE - 4.00%, 2048 | ** | 1,999,568 |
| FED HM LN PC POOL G67714 FG | MORTGAGE - 4.00%, 2048 | ** | 159,201 |
| FHLMC MULTIFAMILY STRUCTURED P FHMS K158 A3 | MORTGAGE - 3.90%, 2033 | ** | 440,032 |
| FHLMC TBA 15 YR 3.5 GOLD SINGLE FAMILY | MORTGAGE - 3.50%, 2034 | ** | 2,035,400 |
| FHLMC TBA 30 YR 4.5 GOLD SINGLE FAMILY | MORTGAGE - 4.50%, 2049 | ** | 1,630,270 |
| FNMA POOL 471713 FN | MORTGAGE - 2.85%, 2022 | ** | 369,303 |
| FNMA POOL AL0705 FN | MORTGAGE - 3.48%, 2020 | ** | 158,723 |
| FNMA POOL AL6167 FN | MORTGAGE - 3.50%, 2044 | ** | 734,856 |
| FNMA POOL AL9472 FN | MORTGAGE - 4.00%, 2043 | ** | 342,288 |
| FNMA POOL AM0762 FN | MORTGAGE - 3.29%, 2032 | ** | 328,779 |
| FNMA POOL AM7013 FN | MORTGAGE - 3.39%, 2029 | ** | 319,414 |
| FNMA POOL AM9793 FN | MORTGAGE - 3.12%, 2027 | ** | 408,217 |
| FNMA POOL AN4833 FN | MORTGAGE - 3.32%, 2027 | ** | 452,872 |
| FNMA POOL AN6553 FN | MORTGAGE - 3.17%, 2031 | ** | 453,754 |
| FNMA POOL AN7345 FN | MORTGAGE - 3.21%, 2037 | ** | 541,589 |
| FNMA POOL AS9830 FN | MORTGAGE - 4.00%, 2047 | ** | 520,483 |
| FNMA POOL AS9972 FN | MORTGAGE - 4.00%, 2047 | ** | 433,515 |
| FNMA POOL BL0661 FN | MORTGAGE - 3.99%, 2033 | ** | 1,125,328 |
| FNMA POOL BM1767 FN | MORTGAGE - 4.50%, 2046 | ** | 3,818,377 |
| FNMA POOL CA0996 FN | MORTGAGE - 3.50%, 2048 | ** | 42,532 |
| FNMA POOL MA2863 FN | MORTGAGE - 3.00%, 2047 | ** | 339,946 |
| FNMA POOL MA3027 FN | MORTGAGE - 4.00%, 2047 | ** | 653,068 |
| FNMA POOL MA3029 FN | MORTGAGE - 3.00%, 2032 | ** | 301,572 |
| FNMA POOL MA3058 FN | MORTGAGE - 4.00%, 2047 | ** | 515,068 |
| FNMA POOL MA3210 FN | MORTGAGE - 3.50%, 2047 | ** | 1,695,530 |
| FNMA POOL MA3239 FN | MORTGAGE - 4.00%, 2048 | ** | 844,688 |
| FNMA POOL MA3276 FN | MORTGAGE - 3.50%, 2048 | ** | 1,047,030 |
| FNMA POOL MA3332 FN | MORTGAGE - 3.50%, 2048 | ** | 2,232,932 |
| FNMA POOL MA3468 FN | MORTGAGE - 4.50%, 2048 | ** | 363,224 |
| FNMA TBA 15 YR 3 SINGLE FAMILY MORTGAGE | MORTGAGE - 3.00%, 2032 | ** | 79,802 |
| FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE | MORTGAGE - 3.50%, 2047 | ** | 89,984 |
| FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE | MORTGAGE - 4.00%, 2046 | ** | 1,029,569 |
| FORD MOTOR CREDIT CO | SHORT TERMS - 0.01%, 2019 | ** | 433,315 |
| FORD MOTOR CREDIT CO LLC SR UNSECURED | CORPORATE BONDS - 2.43%, 2020 | ** | 136,321 |
| FORD MOTOR CREDIT CO LLC SR UNSECURED | CORPORATE BONDS - 1.90%, 2019 | ** | 495,080 |
| FORD MOTOR CREDIT CO LLC SR UNSECURED | CORPORATE BONDS - 3.31%, 2021 | ** | 345,478 |
25
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) |
|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value |
| FORD MOTOR CREDIT CO LLC SR UNSECURED | CORPORATE BONDS - 2.34%, 2020 | ** | 312,677 |
| FREDDIE MAC FHR 4639 HZ | MORTGAGE - 2.75%, 2053 | ** | 589,421 |
| FREDDIE MAC FHR 4846 PA | MORTGAGE - 4.00%, 2047 | ** | 596,932 |
| GE CAPITAL INTL FUNDING COMPANY GUAR | CORPORATE BONDS - 2.34%, 2020 | ** | 1,080,862 |
| GENERAL ELECTRIC CO SR UNSECURED | CORPORATE BONDS - 2.20%, 2020 | ** | 463,156 |
| GENERAL ELECTRIC CO SR UNSECURED | CORPORATE BONDS - 4.63%, 2021 | ** | 406,046 |
| GENERAL ELECTRIC CO SR UNSECURED | CORPORATE BONDS - 5.55%, 2026 | ** | 317,886 |
| GENERAL ELECTRIC CO SR UNSECURED | CORPORATE BONDS - 4.65%, 2021 | ** | 205,615 |
| GENERAL MILLS INC SR UNSECURED | CORPORATE BONDS - 3.70%, 2023 | ** | 576,616 |
| GENERAL MOTORS FINL CO COMPANY GUAR | CORPORATE BONDS - 2.40%, 2019 | ** | 478,196 |
| GILEAD SCIENCES INC SR UNSECURED | CORPORATE BONDS - 4.50%, 2045 | ** | 336,597 |
| GLP CAPITAL LP / FIN II COMPANY GUAR | CORPORATE BONDS - 5.30%, 2029 | ** | 405,882 |
| GLP CAPITAL LP / FIN II COMPANY GUAR | CORPORATE BONDS - 5.38%, 2026 | ** | 247,253 |
| GNMA II POOL MA2374 G2 | MORTGAGE - 5.00%, 2044 | ** | 431,393 |
| GNMA II POOL MA3521 G2 | MORTGAGE - 3.50%, 2046 | ** | 556,026 |
| GNMA II POOL MA3597 G2 | MORTGAGE - 3.50%, 2046 | ** | 606,527 |
| GNMA II POOL MA3937 G2 | MORTGAGE - 3.50%, 2046 | ** | 151,738 |
| GNMA II POOL MA4069 G2 | MORTGAGE - 3.50%, 2046 | ** | 574,647 |
| GNMA II POOL MA4126 G2 | MORTGAGE - 3.00%, 2046 | ** | 1,068,247 |
| GNMA II POOL MA4127 G2 | MORTGAGE - 3.50%, 2046 | ** | 246,233 |
| GNMA II POOL MA4130 G2 | MORTGAGE - 5.00%, 2046 | ** | 609,108 |
| GNMA II POOL MA4324 G2 | MORTGAGE - 5.00%, 2047 | ** | 202,753 |
| GNMA II POOL MA4450 G2 | MORTGAGE - 3.00%, 2047 | ** | 388,982 |
| GNMA II POOL MA4510 G2 | MORTGAGE - 3.50%, 2047 | ** | 1,016,481 |
| GNMA II POOL MA4588 G2 | MORTGAGE - 4.50%, 2047 | ** | 1,313,243 |
| GNMA II POOL MA4836 G2 | MORTGAGE - 3.00%, 2047 | ** | 1,151,523 |
| GNMA II POOL MA4837 G2 | MORTGAGE - 3.50%, 2047 | ** | 243,110 |
| GNMA II POOL MA4838 G2 | MORTGAGE - 4.00%, 2047 | ** | 540,211 |
| GNMA II TBA 30 YR 4 JUMBOS | MORTGAGE - 4.00%, 2048 | ** | 578,507 |
| GNMA II TBA 30 YR 4.5 JUMBOS | MORTGAGE - 4.50%, 2048 | ** | 998,530 |
| GOLDENTREE LOAN OPPORTUNITIES GOLD9 2014 9A AR2 144A | OTHER ASSET BACKED - 3.62%, 2029 | ** | 546,565 |
| GOLDMAN SACHS GROUP INC SR UNSECURED | CORPORATE BONDS - 3.81%, 2029 | ** | 336,105 |
| GOLDMAN SACHS GROUP INC SR UNSECURED | CORPORATE BONDS - 4.22%, 2029 | ** | 105,863 |
| GOLDMAN SACHS GROUP INC SR UNSECURED | CORPORATE BONDS - 3.69%, 2028 | ** | 278,811 |
| GOLDMAN SACHS GROUP INC SR UNSECURED | CORPORATE BONDS - 5.25%, 2021 | ** | 285,475 |
| GOLDMAN SACHS GROUP INC SR UNSECURED | CORPORATE BONDS - 3.27%, 2025 | ** | 332,767 |
26
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) |
|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2018 124 NW | MORTGAGE - 3.50%, 2048 | ** | 433,689 |
| GREENPOINT MORTGAGE FUNDING TR GPMF 2005 HY1 1A1A | MORTGAGE - 2.78%, 2035 | ** | 126,602 |
| GS MORTGAGE BACKED SECURITIES GSMBS 2018 RPL1 A1A 144A | MORTGAGE - 3.75%, 2057 | ** | 993,580 |
| GS MORTGAGE SECURITIES TRUST GSMS 2012 ALOH A 144A | MORTGAGE - 3.55%, 2034 | ** | 186,460 |
| GS MORTGAGE SECURITIES TRUST GSMS 2013 KING A 144A | MORTGAGE - 2.71%, 2027 | ** | 85,720 |
| GSAA HOME EQUITY TRUST GSAA 2005 6 M1 | OTHER ASSET BACKED - 2.94%, 2035 | ** | 996,806 |
| HARBORVIEW MORTGAGE LOAN TRUST HVMLT 2005 9 2A1A | MORTGAGE - 2.81%, 2036 | ** | 730,408 |
| HCP INC SR UNSECURED | CORPORATE BONDS - 4.20%, 2024 | ** | 776,923 |
| HEALTHCARE REALTY TRUST SR UNSECURED | CORPORATE BONDS - 3.75%, 2023 | ** | 196,928 |
| HEALTHCARE REALTY TRUST SR UNSECURED | CORPORATE BONDS - 3.88%, 2025 | ** | 219,227 |
| HIGHER EDUCATION FUNDING 05/34 FRN | OTHER ASSET BACKED - 3.74%, 2034 | ** | 1,026,778 |
| HOME DEPOT INC SR UNSECURED | CORPORATE BONDS - 3.90%, 2028 | ** | 122,911 |
| IHS MARKIT LTD SR UNSECURED | CORPORATE BONDS - 4.75%, 2028 | ** | 318,237 |
| INDIANA MICHIGAN POWER SR UNSECURED | CORPORATE BONDS - 4.55%, 2046 | ** | 302,214 |
| INTERNATIONAL TRANSMISSI 1ST MORTGAGE | CORPORATE BONDS - 4.63%, 2043 | ** | 615,043 |
| INTL FLAVOR + FRAGRANCES SR UNSECURED | CORPORATE BONDS - 5.00%, 2048 | ** | 109,564 |
| JP MORGAN CHASE BANK NA SR UNSECURED | CORPORATE BONDS - 2.87%, 2020 | ** | 948,742 |
| JP MORGAN CHASE BANK NA SR UNSECURED | CORPORATE BONDS - 2.60%, 2021 | ** | 947,416 |
| JP MORGAN CHASE BANK NA SR UNSECURED | CORPORATE BONDS - 3.09%, 2021 | ** | 746,968 |
| JP MORGAN CHASE COMMERCIAL MOR JPMCC 2012 HSBC A 144A | MORTGAGE - 3.09%, 2032 | ** | 221,667 |
| JP MORGAN CHASE COMMERCIAL MOR JPMCC 2016 NINE A 144A | MORTGAGE - 2.85%, 2038 | ** | 208,987 |
| JPMORGAN CHASE + CO SR UNSECURED | CORPORATE BONDS - 3.78%, 2028 | ** | 485,360 |
| JPMORGAN CHASE + CO SR UNSECURED | CORPORATE BONDS - 3.54%, 2028 | ** | 381,355 |
| JPMORGAN CHASE + CO SR UNSECURED | CORPORATE BONDS - 2.55%, 2020 | ** | 395,553 |
| JPMORGAN CHASE + CO SR UNSECURED | CORPORATE BONDS - 4.02%, 2024 | ** | 549,336 |
| KINDER MORGAN INC COMPANY GUAR | CORPORATE BONDS - 5.55%, 2045 | ** | 148,555 |
| KINDER MORGAN INC COMPANY GUAR 144A | CORPORATE BONDS - 5.63%, 2020 | ** | 528,571 |
| KRAFT HEINZ FOODS CO COMPANY GUAR | CORPORATE BONDS - 4.63%, 2029 | ** | 98,872 |
| KRAFT HEINZ FOODS CO COMPANY GUAR | CORPORATE BONDS - 4.38%, 2046 | ** | 350,126 |
| L3 TECHNOLOGIES INC COMPANY GUAR | CORPORATE BONDS - 4.40%, 2028 | ** | 344,923 |
27
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) |
|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value |
| LIBERTY STREET TRUST LBTY 2016 225L A 144A | MORTGAGE - 3.60%, 2036 | ** | 239,421 |
| LLOYDS BANK PLC COMPANY GUAR | CORPORATE BONDS - 3.30%, 2021 | ** | 224,318 |
| LLOYDS BANKING GROUP PLC SR UNSECURED | CORPORATE BONDS - 2.91%, 2023 | ** | 340,896 |
| LOS ANGELES CA UNIF SCH DIST LOSSCD | MUNICIPALS - 5.98%, 2027 | ** | 615,946 |
| MADISON AVENUE TRUST MAD 2013 650M A 144A | MORTGAGE - 3.84%, 2032 | ** | 171,796 |
| MADISON PARK FUNDING LTD MDPK 2018 30A A 144A | OTHER ASSET BACKED - 3.19%, 2029 | ** | 512,007 |
| MAGNETITE CLO LTD MAGNE 2014 9A A1R 144A | OTHER ASSET BACKED - 3.49%, 2026 | ** | 331,401 |
| METROPOLITAN WEST FLOATING RAT MTRPLTN WST FLTNG RT INC I | MUTUAL FUNDS | ** | 3,825,582 |
| METROPOLITAN WEST HIGH YIELD B MTRPLTN WST HI YLD BND I | MUTUAL FUNDS | ** | 3,276,672 |
| MLCC MORTGAGE INVESTORS INC MLCC 2004 A A1 | MORTGAGE - 2.97%, 2045 | ** | 451,508 |
| MORGAN STANLEY REREMIC TRUST MSRR 2015 R2 1A1 144A | MORTGAGE - 2.66%, 2046 | ** | 516,495 |
| MORGAN STANLEY SR UNSECURED | CORPORATE BONDS - 3.41%, 2020 | ** | 800,021 |
| MORGAN STANLEY SR UNSECURED | CORPORATE BONDS - 7.30%, 2019 | ** | 507,589 |
| MORGAN STANLEY SR UNSECURED | CORPORATE BONDS - 5.50%, 2020 | ** | 206,175 |
| MORGAN STANLEY SR UNSECURED | CORPORATE BONDS - 3.40%, 2022 | ** | 985,964 |
| MORTGAGEIT TRUST MHL 2005 2 1A1 | MORTGAGE - 3.03%, 2035 | ** | 349,400 |
| MORTGAGEIT TRUST MHL 2005 5 A1 | MORTGAGE - 2.77%, 2035 | ** | 923,355 |
| NATIONSTAR HOME EQUITY LOAN TR NSTR 2006 B AV4 | OTHER ASSET BACKED - 2.79%, 2036 | ** | 594,915 |
| NATIONWIDE MUTUAL INSURA SUBORDINATED 144A | CORPORATE BONDS - 5.08%, 2024 | ** | 398,003 |
| NAVIENT STUDENT LOAN TRUST NAVSL 2015 2 A3 | OTHER ASSET BACKED - 3.08%, 2040 | ** | 1,168,610 |
| NAVIENT STUDENT LOAN TRUST NAVSL 2017 5A A 144A | OTHER ASSET BACKED - 3.31%, 2066 | ** | 984,557 |
| NELNET STUDENT LOAN TRUST NSLT 2015 2A A2 144A | OTHER ASSET BACKED - 3.11%, 2047 | ** | 597,223 |
| NELNET STUDENT LOAN TRUST NSLT 2015 3A A2 144A | OTHER ASSET BACKED - 3.11%, 2051 | ** | 824,875 |
| NEW YORK CITY NY MUNI WTR FIN NYCUTL | MUNICIPALS - 5.95%, 2042 | ** | 875,779 |
| NEW YORK ST DORM AUTH ST PERSO NYSHGR | MUNICIPALS - 5.29%, 2023 | ** | 571,440 |
| NOBLE ENERGY INC SR UNSECURED | CORPORATE BONDS - 5.25%, 2043 | ** | 66,572 |
| NYU HOSPITALS CENTER SECURED | CORPORATE BONDS - 4.78%, 2044 | ** | 527,866 |
| OCTAGON INVESTMENT PARTNERS 25 OCT25 2015 1A AR 144A | OTHER ASSET BACKED - 3.27%, 2026 | ** | 569,729 |
| PENNSYLVANIA HIGHER EDUCATION PHEAA 2015 1A A 144A | OTHER ASSET BACKED - 2.92%, 2041 | ** | 670,065 |
| PETROLEOS MEXICANOS COMPANY GUAR | CORPORATE BONDS - 6.50%, 2029 | ** | 438,275 |
| PETROLEOS MEXICANOS COMPANY GUAR | CORPORATE BONDS - 5.35%, 2028 | ** | 95,975 |
28
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) |
|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value |
| PETROLEOS MEXICANOS COMPANY GUAR | CORPORATE BONDS - 6.50%, 2027 | ** | 103,400 |
| PLAINS ALL AMER PIPELINE SR UNSECURED | CORPORATE BONDS - 4.65%, 2025 | ** | 344,205 |
| POTOMAC ELECTRIC POWER 1ST MORTGAGE | CORPORATE BONDS - 3.60%, 2024 | ** | 503,971 |
| PROTECTIVE LIFE GLOBAL SR SECURED 144A | CORPORATE BONDS - 1.72%, 2019 | ** | 542,817 |
| RAYMOND JAMES FINANCIAL SR UNSECURED | CORPORATE BONDS - 4.95%, 2046 | ** | 220,973 |
| RBSCF TRUST RBSCF 2013 GSP A 144A | MORTGAGE - 3.83%, 2032 | ** | 215,404 |
| REYNOLDS AMERICAN INC COMPANY GUAR | CORPORATE BONDS - 4.45%, 2025 | ** | 106,066 |
| SABINE PASS LIQUEFACTION SR SECURED | CORPORATE BONDS - 5.75%, 2024 | ** | 340,134 |
| SANTANDER UK GROUP HLDGS SR UNSECURED | CORPORATE BONDS - 3.37%, 2024 | ** | 341,578 |
| SANTANDER UK GROUP HLDGS SR UNSECURED | CORPORATE BONDS - 2.88%, 2021 | ** | 337,629 |
| SANTANDER UK PLC SR UNSECURED | CORPORATE BONDS - 3.40%, 2021 | ** | 442,829 |
| SEQUOIA MORTGAGE TRUST SEMT 2003 8 A1 | MORTGAGE - 3.11%, 2024 | ** | 833,255 |
| SHIRE ACQ INV IRELAND DA COMPANY GUAR | CORPORATE BONDS - 1.90%, 2019 | ** | 197,197 |
| SL GREEN OPERATING PARTN COMPANY GUAR | CORPORATE BONDS - 3.25%, 2022 | ** | 241,550 |
| SLM STUDENT LOAN TRUST SLMA 2004 3A A6A 144A | OTHER ASSET BACKED - 3.04%, 2064 | ** | 1,224,104 |
| SLM STUDENT LOAN TRUST SLMA 2007 7 A4 | OTHER ASSET BACKED - 2.82%, 2029 | ** | 520,916 |
| SLM STUDENT LOAN TRUST SLMA 2008 2 B | OTHER ASSET BACKED - 3.69%, 2083 | ** | 190,794 |
| SLM STUDENT LOAN TRUST SLMA 2008 4 B | OTHER ASSET BACKED - 4.34%, 2029 | ** | 251,877 |
| SLM STUDENT LOAN TRUST SLMA 2008 5 B | OTHER ASSET BACKED - 4.34%, 2030 | ** | 408,911 |
| SLM STUDENT LOAN TRUST SLMA 2008 6 A4 | OTHER ASSET BACKED - 3.59%, 2023 | ** | 747,642 |
| SLM STUDENT LOAN TRUST SLMA 2008 8 B | OTHER ASSET BACKED - 4.74%, 2029 | ** | 243,020 |
| SLM STUDENT LOAN TRUST SLMA 2008 9 A | OTHER ASSET BACKED - 3.99%, 2023 | ** | 501,746 |
| SLM STUDENT LOAN TRUST SLMA 2008 9 B | OTHER ASSET BACKED - 4.74%, 2083 | ** | 405,447 |
| SLM STUDENT LOAN TRUST SLMA 2012 1 A3 | OTHER ASSET BACKED - 3.46%, 2028 | ** | 514,686 |
| SLM STUDENT LOAN TRUST SLMA 2012 3 A | OTHER ASSET BACKED - 3.16%, 2038 | ** | 472,751 |
| SLM STUDENT LOAN TRUST SLMA 2012 7 A3 | OTHER ASSET BACKED - 3.16%, 2026 | ** | 522,679 |
| SPECTRA ENERGY PARTNERS COMPANY GUAR | CORPORATE BONDS - 3.50%, 2025 | ** | 190,923 |
| SPRINT SPECTRUM / SPEC I SR SECURED 144A | CORPORATE BONDS - 3.36%, 2023 | ** | 244,406 |
| SPRINT SPECTRUM / SPEC I SR SECURED 144A | CORPORATE BONDS - 4.74%, 2029 | ** | 456,281 |
29
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) | |
|---|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value | |
| STATE STREET CORP SR UNSECURED 12/24 VAR | CORPORATE BONDS - 3.78%, 2024 | ** | 110,262 | |
| STRUCTURED ASSET MORTGAGE INVE SAMI 2004 AR2 2A | MORTGAGE - 4.21%, 2034 | ** | 499,401 | |
| SUNOCO LOGISTICS PARTNER COMPANY GUAR | CORPORATE BONDS - 5.40%, 2047 | ** | 181,241 | |
| SWFCME002 IRS USD P V 03MLIBOR SWFCME002_FLO CCPVANILLA | INTEREST RATE SWAP - 1.00%, 2021 | ** | (11,760,000 | ) |
| SWFCME002 IRS USD R F 3.07080 SWFCME002_FIX CCPVANILLA | INTEREST RATE SWAP - 3.07%, 2021 | ** | 11,760,000 | |
| TC PIPELINES LP SR UNSECURED | CORPORATE BONDS - 4.38%, 2025 | ** | 548,576 | |
| TCW EMERGING MARKETS INCOME FO | MUTUAL FUNDS | ** | 292,917 | |
| TCW EMERGING MARKETS INCOME FO TCW EMERGING MARKETS INCOME FO | MUTUAL FUNDS | ** | 1,298,346 | |
| TCW EMERGING MARKETS INCOME TCW EMERGING MARKETS INCOME | MUTUAL FUNDS | ** | 586,229 | |
| TIME WARNER CABLE LLC SR SECURED | CORPORATE BONDS - 5.50%, 2041 | ** | 182,257 | |
| TOWD POINT MORTGAGE TRUST TPMT 2016 3 A1 144A | OTHER ASSET BACKED - 2.25%, 2056 | ** | 881,017 | |
| TOWD POINT MORTGAGE TRUST TPMT 2017 1 A1 144A | OTHER ASSET BACKED - 2.75%, 2056 | ** | 888,317 | |
| TOWD POINT MORTGAGE TRUST TPMT 2017 5 A1 144A | OTHER ASSET BACKED - 2.92%, 2057 | ** | 853,744 | |
| TRANSCONT GAS PIPE LINE SR UNSECURED | CORPORATE BONDS - 4.60%, 2048 | ** | 140,253 | |
| TREASURY BILL | GOVERNMENT ISSUES - 0.00%, 2019 | ** | 231,695 | |
| TSY INFL IX N/B | GOVERNMENT ISSUES - 1.00%, 2048 | ** | 294,882 | |
| TSY INFL IX N/B | GOVERNMENT ISSUES - 1.00%, 2048 | ** | 1,064,055 | |
| TSY INFL IX N/B | GOVERNMENT ISSUES - 0.13%, 2024 | ** | 541,274 | |
| TSY INFL IX N/B | GOVERNMENT ISSUES - 0.38%, 2025 | ** | 481,360 | |
| TSY INFL IX N/B | GOVERNMENT ISSUES - 0.75%, 2028 | ** | 868,011 | |
| TSY INFL IX N/B | GOVERNMENT ISSUES - 0.75%, 2028 | ** | 759,237 | |
| UNITEDHEALTH GROUP INC SR UNSECURED | CORPORATE BONDS - 4.75%, 2045 | ** | 396,750 | |
| US 2YR NOTE (CBT) MAR19 XCBT 20190329 | FUT-FIXED INCOME - 0.00%, 2019 | ** | 26,539,063 | |
| US 5YR NOTE (CBT) MAR19 XCBT 20190329 | FUT-FIXED INCOME - 0.00%, 2019 | ** | 19,840,938 | |
| US TREASURY N/B | GOVERNMENT ISSUES - 3.00%, 2048 | ** | 850,959 | |
| US TREASURY N/B | GOVERNMENT ISSUES - 2.75%, 2020 | ** | 1,942,256 | |
| US TREASURY N/B | GOVERNMENT ISSUES - 2.88%, 2023 | ** | 18,732,620 | |
| US TREASURY N/B | GOVERNMENT ISSUES - 3.13%, 2028 | ** | 8,497,280 |
30
FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2018
#34-1843785 Plan 002
___________________________
| (a) | (c) | (d) | (e) |
|---|---|---|---|
| Identity of issue, borrower, lessor or similar party | Description of investment, including maturity date, rate of interest, collateral, par or maturity value | Cost | Current Value |
| US TREASURY N/B | GOVERNMENT ISSUES - 3.38%, 2048 | ** | 11,543,903 |
| US TREASURY N/B 1 | GOVERNMENT ISSUES - 2.63%, 2023 | ** | 397,068 |
| VENTAS REALTY LP COMPANY GUAR | CORPORATE BONDS - 3.85%, 2027 | ** | 289,238 |
| VENTAS REALTY LP/CAP CRP COMPANY GUAR | CORPORATE BONDS - 2.70%, 2020 | ** | 396,595 |
| VERIZON COMMUNICATIONS SR UNSECURED | CORPORATE BONDS - 4.50%, 2033 | ** | 350,415 |
| VERIZON COMMUNICATIONS SR UNSECURED | CORPORATE BONDS - 4.13%, 2046 | ** | 61,759 |
| VERIZON COMMUNICATIONS SR UNSECURED | CORPORATE BONDS - 4.86%, 2046 | ** | 226,037 |
| VNO MORTGAGE TRUST VNDO 2012 6AVE A 144A | MORTGAGE - 3.00%, 2030 | ** | 237,912 |
| VODAFONE GROUP PLC SR UNSECURED | CORPORATE BONDS - 4.38%, 2028 | ** | 223,116 |
| WALGREENS BOOTS ALLIANCE SR UNSECURED | CORPORATE BONDS - 3.45%, 2026 | ** | 141,133 |
| WALGREENS BOOTS ALLIANCE SR UNSECURED | CORPORATE BONDS - 2.70%, 2019 | ** | 452,403 |
| WALGREENS BOOTS ALLIANCE SR UNSECURED | CORPORATE BONDS - 4.80%, 2044 | ** | 159,333 |
| WALMART INC SR UNSECURED | CORPORATE BONDS - 3.55%, 2025 | ** | 485,294 |
| WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR1 A1A | MORTGAGE - 3.15%, 2045 | ** | 551,103 |
| WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR13 A1A2 | MORTGAGE - 3.61%, 2045 | ** | 615,320 |
| WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR2 2A1A | MORTGAGE - 2.82%, 2045 | ** | 600,068 |
| WEA FINANCE LLC/WESTFIEL COMPANY GUAR 144A | CORPORATE BONDS - 2.70%, 2019 | ** | 647,122 |
| WELLS FARGO + COMPANY SR UNSECURED | CORPORATE BONDS - 3.00%, 2026 | ** | 815,359 |
| WELLS FARGO + COMPANY SR UNSECURED | CORPORATE BONDS - 2.63%, 2022 | ** | 1,586,209 |
| WELLS FARGO + COMPANY SR UNSECURED | CORPORATE BONDS - 3.55%, 2025 | ** | 445,683 |
| WELLS FARGO BANK NA SR UNSECURED | CORPORATE BONDS - 2.40%, 2020 | ** | 1,239,367 |
| WELLS FARGO COMMERCIAL MORTGAG WFCM 2012 LC5 A3 | MORTGAGE - 2.92%, 2050 | ** | 431,987 |
| WELLTOWER INC SR UNSECURED | CORPORATE BONDS - 3.75%, 2023 | ** | 793,560 |
| WRKCO INC COMPANY GUAR 144A | CORPORATE BONDS - 4.90%, 2029 | ** | 220,984 |
| ZIMMER BIOMET HOLDINGS SR UNSECURED | CORPORATE BONDS - 3.55%, 2021 | ** | 346,723 |
| Total Metwest Total Return Fund | 285,464,021 | ||
| Total Investments | 3,682,912,810 | ||
| *Notes receivable from participants | Loans receivable with repayment interest of 4.25% to 9.75% | $ — | 60,318,749 |
| $ 3,743,231,559 | |||
| * Parties-in-interest | |||
| ** Information is not required pursuant to Form 5500 instructions |
31
FirstEnergy Corp. Savings Plan
Schedule H, line 4j - Schedule of Reportable Transactions
For the Year Ended December 31, 2018
#34-1843785 Plan 002
__________________________________
| (a) | (b) | (c) | (d) | (e) | (f) | (g) | (h) | (i) |
|---|---|---|---|---|---|---|---|---|
| Identity of Party | Description of Assets | Purchase Price | Selling Price | Lease Rental | Expenses Incurred in Transaction | Cost of Asset | Current Value of Asset on Transaction Date | Net Gain (Loss) |
| Single | ||||||||
| None | ||||||||
| Series | ||||||||
| * | STATE STREET STIF | $ 707,945,681 | N/A | N/A | $ — | $ 707,945,681 | $ 707,945,681 | N/A |
| 749 Transactions | ||||||||
| * | STATE STREET STIF | N/A | $ 672,135,573 | N/A | $ — | $ 672,135,573 | $ 672,135,573 | $ — |
| 901 Transactions | ||||||||
| * Parties-in-interest |
32
EXHIBIT INDEX
FIRSTENERGY CORP. SAVINGS PLAN
Exhibit
Number
23.1 Consent of Independent Registered Public Accounting Firm
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Savings Plan Committee, the administrator of the FirstEnergy Corp. Savings Plan, has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
| FIRSTENERGY CORP. | |
|---|---|
| SAVINGS PLAN | |
| Dated: June 28, 2019 | |
| By | /s/ Ana M. Fluke |
| Ana M. Fluke | |
| Chairperson | |
| Savings Plan Committee |