11-K 1 fe2016savingsplan-11k.htm 11-K Document
 
 
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, 2016
 
 
 
 
 
 
 
 
 
 
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, 2016 and 2015
3
 
 
Statement of Changes in Net Assets Available for Benefits
 
for the Year Ended December 31, 2016
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, 2016
12-27
Schedule H, line 4j - Schedule of Reportable Transactions
 
for the Year Ended December 31, 2016
28-29
 
 



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

We have audited the accompanying statements of net assets available for benefits of the FirstEnergy Corp. Savings Plan (the “Plan”) as of December 31, 2016 and 2015, and the related statement of changes in net assets available for benefits for the year ended December 31, 2016. The Plan’s management is responsible for the financial statements. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2016 and 2015, and the changes in net assets available for benefits for the year ended December 31, 2016, in conformity with accounting principles generally accepted in the United States of America.

The supplemental information in the accompanying schedule of assets (held at end of year) as of December 31, 2016 and schedule of reportable transactions for the year ended December 31, 2016 have been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental information is presented for the purpose of additional analysis and is not a required part of the financial statements but includes information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental information is the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records,


1


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 in the accompanying schedules, 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 in the accompanying schedules is fairly stated in all material respects in relation to the financial statements taken as a whole.




BOBER, MARKEY, FEDOROVICH & COMPANY
Akron, Ohio

June 27, 2017








2


FirstEnergy Corp. Savings Plan

Statements of Net Assets Available for Benefits
___________________________________________________________________________________________________________________________________________

 
 
As of December 31,
 
 
2016
 
2015
 Assets
 
 
 
 
 Investments:
 
 
 
 
 Investments, at fair value (see Note 5)
 
$
2,944,601,484

 
$
2,823,163,330

 Investments, at contract value (see Note 6)
 
565,637,389

 
543,354,776

        Total investments
 
3,510,238,873

 
3,366,518,106

 
 
 
 
 
 Receivables:
 
 
 
 
    Accrued interest and dividends
 
2,014,476

 
2,466,671

    Employer contributions
 
1,195,559

 
1,102,117

    Employee contributions
 
3,549,535

 
3,201,149

    Notes receivable from participants
 
60,108,033

 
59,649,938

    Due from brokers
 
2,867,791

 
11,266,174

        Total receivables
 
69,735,394

 
77,686,049

    Total assets
 
3,579,974,267

 
3,444,204,155

 
 
 
 
 
 
 

 
 
 Liabilities
 
 
 
 
 Administrative expenses payable
 
2,402,346

 
2,600,764

 Due to brokers
 
24,798,263

 
32,864,072

    Total liabilities
 
27,200,609

 
35,464,836

 
 
 
 
 
 Net assets available for benefits
 
$
3,552,773,658

 
$
3,408,739,319























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,
 
 
2016
 
 
 
Additions:
 
 
Contributions
 
 
   Employer
 
$
45,285,310

   Participant
 
141,584,124

        Total contributions
 
186,869,434

 
 
 
Investment Income
 
 
   Interest and dividends
 
47,594,749

   Net appreciation in fair value of investments
 
186,585,368

        Total investment income
 
234,180,117

 
 
 
Interest income on notes receivable from participants
 
2,499,892

 
 
 
Deductions:
 
 
Distributions to participants
 
(273,832,194
)
Administrative expenses
 
(5,682,910
)
   Total deductions
 
(279,515,104
)
 
 
 
Increase in net assets available for benefits
 
144,034,339

 
 
 
Net assets available for benefits, beginning of year
 
3,408,739,319

 
 
 
Net assets available for benefits, end of year
 
$
3,552,773,658




















The accompanying notes are an integral part of these financial statements.


4






FirstEnergy Corp. Savings Plan

Notes to Financial Statements
____________________________________________________________________________________________________________________________________________________

1.
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. Plan assets are held in trust under an arrangement with State Street Bank & Trust Company (State Street). Record keeping with respect to individual participant accounts is maintained by Fidelity Investments (Fidelity).

Participation
Generally, all full-time and part-time employees of FirstEnergy and its subsidiaries 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.

New employees who do not make an affirmative election to make (or not make) pre-tax contributions to the Plan are deemed to have made an election to contribute 3% of eligible earnings for each payroll period increasing by 1% each April until the employee contribution rate reaches the amount that will be subject to matching contributions. 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.

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.

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.




5






FirstEnergy Corp. Savings Plan

Notes to Financial Statements
____________________________________________________________________________________________________________________________________________________

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 $30.97 and $31.73 at December 31, 2016 and 2015, respectively. The valuation per unit of the FirstEnergy Common Stock Fund was $37.86 and $38.71 at December 31, 2016 and 2015, 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, 2016 was 4.25% to 10%. 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.

2.
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 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 consists of interest and dividend income. The net appreciation (depreciation) in the fair value of investments consists of realized gains (losses) and unrealized appreciation (depreciation) on those investments.


6






FirstEnergy Corp. Savings Plan

Notes to Financial Statements
____________________________________________________________________________________________________________________________________________________

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.

3.
Recent Accounting Pronouncements

In May 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2015-07, Fair Value Measurement (Topic 820): Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) (ASU 2015-07). ASU 2015-07 removes the requirement to include investments in the fair value hierarchy disclosure for which fair value is measured using the net asset value per share as a practical expedient under Topic 820. The plan adopted ASU 2015-12 as of December 31, 2016. There was no impact to the plan financials.

4.
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.

5.
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, 2016 or 2015 or during the year ended December 31, 2016.

There were no changes in valuation methodologies for assets measured at fair value during 2016.

The following tables set forth, by level within the fair value hierarchy, the fair value of the Plan’s investments as of December 31, 2016 and 2015:

 
 
December 31, 2016
 
 
Level 1
 
Level 2
 
Total
 
 
 
 
 
 
 
Cash and Cash Equivalents
 
$

 
$
4,944,296

 
$
4,944,296

 
 
 
 
 
 
 
Common Collective Trusts
 

 
1,583,189,917

 
1,583,189,917

 
 
 
 
 
 
 
FirstEnergy Common Stock Fund
 
 
 
 
 

FirstEnergy Common Stock
 
330,093,147

 

 
330,093,147

Cash and Cash Equivalents
 

 
1,417,891

 
1,417,891

Total FirstEnergy Common Stock Fund
 
330,093,147

 
1,417,891

 
331,511,038

 
 
 
 
 
 
 
Registered Investment Companies
 
686,285,793

 
229,962,736

 
916,248,529

 
 
 
 
 
 

Self Managed Brokerage Accounts1
 

 
108,707,704

 
108,707,704

 
 
 
 
 
 
 
Total Investments at Fair Value2
 
$
1,016,378,940

 
$
1,928,222,544

 
$
2,944,601,484

 
 
 
 
 
 
 
 
 
 
 
 
 
 
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, 2015
 
 
Level 1
 
Level 2
 
Total
 
 
 
 
 
 
 
Cash and Cash Equivalents
 
$

 
$
5,637,239

 
$
5,637,239

 
 
 
 
 
 
 
Common Collective Trusts
 

 
1,443,840,631

 
1,443,840,631

 
 

 

 

FirstEnergy Common Stock Fund
 
 
 
 
 

FirstEnergy Common Stock
 
331,084,391

 

 
331,084,391

Cash and Cash Equivalents
 

 
614,972

 
614,972

Total FirstEnergy Common Stock Fund
 
331,084,391

 
614,972

 
331,699,363

 
 
 
 
 
 

Registered Investment Companies
 
685,137,585

 
257,505,354

 
942,642,939

 
 

 

 

Self Managed Brokerage Accounts1
 

 
99,343,158

 
99,343,158

 
 
 
 
 
 

Total Investments at fair value 2
 
$
1,016,221,976

 
$
1,806,941,354

 
$
2,823,163,330

 
 
 
 
 
 
 
1  The brokerage account investments are directed by participants.
2  Values do not include investments at contract value.

6.
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 0 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, 2016 and 2015:
 
2016
 
2015
 
 
 
 
Short-term investment fund
$
23,933,495

 
$
16,644,003

Synthetic GIC's
541,703,894

 
526,710,773

Total Investments at contract value
$
565,637,389

 
$
543,354,776


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.

7.
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, 2016 and 2015, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements.

8.
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.

9.
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, 2016 and 2015, and for the year ended December 31, 2016:

 
2016
 
2015
 
 
 
 
Net assets available for benefits per the financial statements
$
3,552,773,658

 
$
3,408,739,319

Adjustment from contract value to fair value for fully-benefit
 
 
 
   responsive investment contracts
(2,198,445
)
 
(2,754,310
)
Net assets available for benefits per Form 5500
$
3,550,575,213

 
$
3,405,985,009

 
 
 
 
Total investment income and interest income on notes receivable
 
 
 
   from participants per the financial statements
$
236,680,009

 
 
Adjustment from contract value to fair value for fully-benefit
 
 
 
   responsive investment contracts
555,865

 
 
Investment income per Form 5500
$
237,235,874

 
 




11







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
#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
 
 **
 
$
4,944,296

*
 
 FIRSTENERGY COMMON STOCK FUND
 
 FirstEnergy common stock
 
 **
 
331,511,038

 
 
 FIDELITY PURITAN FUND
 
 Balanced fund
 
 **
 
123,932,868

 
 
 ACWI EX US - M
 
 International stocks
 
 **
 
72,760,274

 
 
 DFA US SMALL CAP VALUE PORTFOLIO
 
 Small cap value stocks
 
 **
 
135,717,146

 
 
 PIMCO REAL RETURN FUND INSTITUTIONAL
 CLASS
 
 Bonds
 
 **
 
15,022,966

 
 
 AMERICAN FUNDS EUROPACIFIC GROWTH
 FUND
 
 International stocks
 
 **
 
112,406,650

 
 
 BLACKROCK LIFEPATH INDEX RETIREMENT
 FUND
 
 Blend of stocks, fixed income
 
 **
 
89,337,121

 
 
 BLACKROCK LIFEPATH INDEX 2020 FUND
 
 Blend of stocks, fixed income
 
 **
 
132,113,228

 
 
 BLACKROCK LIFEPATH INDEX 2025 FUND
 
 Blend of stocks, fixed income
 
 **
 
116,557,150

 
 
 BLACKROCK LIFEPATH INDEX 2030 FUND
 
 Blend of stocks, fixed income
 
 **
 
77,617,236

 
 
 BLACKROCK LIFEPATH INDEX 2035 FUND
 
 Blend of stocks, fixed income
 
 **
 
43,684,429

 
 
 BLACKROCK LIFEPATH INDEX 2040 FUND
 
 Blend of stocks, fixed income
 
 **
 
27,315,552

 
 
 BLACKROCK LIFEPATH INDEX 2045 FUND
 
 Blend of stocks, fixed income
 
 **
 
25,969,850

 
 
 BLACKROCK LIFEPATH INDEX 2050 FUND
 
 Blend of stocks, fixed income
 
 **
 
32,085,003

 
 
 BLACKROCK LIFEPATH INDEX 2055 FUND
 
 Blend of stocks, fixed income
 
 **
 
21,918,022

 
 
 BLACKROCK LIFEPATH INDEX 2060 FUND
 
 Blend of stocks, fixed income
 
 **
 
1,582,457

 
 
 DODGE & COX INTERNATIONAL FUND
 
 International stocks
 
 **
 
38,159,103

 
 
 JP MORGAN GLOBAL OPPORTUNITIES FUND
 
 Global Stocks
 
 **
 
11,291,292

 
 
 SELF MANAGED BROKERAGE ACCOUNTS
 
 Equities, fixed income
 
 **
 
108,707,704

 
 
 TOTAL BOND MARKET INDEX
 
 Bonds
 
 **
 
98,649,624

 
 
 SMALL CAP GROWTH EQUITY
 
 Small cap growth stocks
 
 **
 
3,646,719

 
 
 MARKET COMPLETION INDEX
 
 Blend of large, mid cap and small cap stocks
 
 **
 
154,481,856

 
 
 MID CAP VALUE - I
 
 Mid cap value stocks
 
 **
 
27,537,932

 
 
 EQUITY INDEX - M
 
 Large cap stocks
 
 **
 
784,121,020

 
 
 
 
 
 
 
 
 
*
 
 CAPITAL PRESERVATION FUND
 
 
 
 
 
 
 
 
 
 
STATE STREET STIF
 
 Money market fund
 
 **
 
23,933,495

 
 
 
 
ABBVIE INC SR UNSEC
 
Corporate - 2.85%, 2023
 
 **
 
194,722

 
 
 
 
ABBVIE INC SR UNSEC
 
Corporate - 3.20%, 2022
 
 **
 
1,004,792

 
 
 
 
ACE INA HOLDINGS SR UNSEC
 
Corporate - 3.35%, 2024
 
 **
 
3,577,864

 
 
 
 
AMERICAN EXPRESS CREDIT SR UNSEC
 
Corporate - 1.67%, 2020
 
 **
 
402,720

 
 
 
 
AMXCA 2014-3 A
 
Cash Equivalent - 1.49%, 2020
 
 **
 
2,406,612

 
 
 
 
BACM 2007-1 A1A
 
Cash Equivalent - 5.43%, 2049
 
 **
 
791,913

 
 
 
 
BAIDU INC SR UNSEC
 
Corporate - 2.75%, 2019
 
 **
 
3,048,486

 
 
 
 
BANK OF AMERICA CORP SR NT
 
Corporate - 5.63%, 2020
 
 **
 
5,136,351

 
 
 
 
BANK OF NY MELLON CORP SRUNSEC
 
Corporate - 2.60%, 2020
 
 **
 
2,026,705



12







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
BARCLAYS PLC SR UNSEC
 
Corporate - 3.20%, 2021
 
 **
 
697,512

 
 
 
 
BERKSHIRE HATHAWAY INC SNR S* ICE
 
Credit Default Swap - 1.00%, 2021
 
 **
 
12,798

 
 
 
 
BK TOKYO-MITSUBISHI UFJ UNSEC 144A
 
Corporate - 2.35%, 2019
 
 **
 
2,510,386

 
 
 
 
BNP PARIBAS GLBL SR UNSEC BKNT
 
Corporate - 5.00%, 2021
 
 **
 
3,866,880

 
 
 
 
BP CAPITAL MARKETS PLC CO GTD
 
Corporate - 4.74%, 2021
 
 **
 
2,199,555

 
 
 
 
BPCE SA SR UNSEC
 
Corporate - 4.00%, 2024
 
 **
 
3,659,430

 
 
 
 
CASH COLLATERAL CME FOB USD
 
Cash Equivalent - 0.45%, 2060
 
 **
 
217,096

 
 
 
 
CASH COLLATERAL FUT FOB USD
 
Cash Equivalent - 0.45%, 2060
 
 **
 
152,897

 
 
 
 
CASH COLLATERAL ICE FOB USD
 
Cash Equivalent - 0.45%, 2060
 
 **
 
364,080

 
 
 
 
CASH COLLATERAL ISDA CBK USD
 
Cash Equivalent - 0.55%, 2060
 
 **
 
100,529

 
 
 
 
CASH COLLATERAL ISDA DUB USD
 
Cash Equivalent - 0.55%, 2060
 
 **
 
38,883

 
 
 
 
CASH COLLATERAL ISDA GST USD
 
Cash Equivalent - 0.55%, 2060
 
 **
 
151,216

 
 
 
 
CASH COLLATERAL TBA BCY USD
 
Cash Equivalent - 0.55%, 2060
 
 **
 
43

 
 
 
 
CASH COLLATERAL TBA BOS USD
 
Cash Equivalent - 0.55%, 2060
 
 **
 
219,642

 
 
 
 
CASH COLLATERAL TBA BPG USD
 
Cash Equivalent - 0.55%, 2060
 
 **
 
8,471

 
 
 
 
CASH COLLATERAL TBA FOB USD
 
Cash Equivalent - 0.55%, 2060
 
 **
 
481,514

 
 
 
 
CASH COLLATERAL TBA GSC USD
 
Cash Equivalent - 0.55%, 2060
 
 **
 
185,891

 
 
 
 
CASH COLLATERAL TBA NOM USD
 
Cash Equivalent - 0.55%, 2060
 
 **
 
24

 
 
 
 
CCCIT 2013-A7 A7
 
Cash Equivalent - 1.09%, 2060
 
 **
 
1,757,549

 
 
 
 
CDX IG26 5Y ICE
 
Credit Default Swap - 1.00%, 2021
 
 **
 
29,043

 
 
 
 
CDX IG27 5Y ICE
 
Credit Default Swap - 1.00%, 2021
 
 **
 
31,076

 
 
 
 
CGCMT 2007-C6 A4 WM16 WC5.7312
 
Cash Equivalent - 5.71%, 2049
 
 **
 
1,314,937

 
 
 
 
CGCMT 2013-GC11 AAB
 
Mortgage - 2.69%, 2046
 
 **
 
812,655

 
 
 
 
CGCMT 2015-GC29 AAB WM24 WC4.173211878
 
Mortgage - 2.98%, 2048
 
 **
 
1,515,241

 
 
 
 
CHAIT 2014-A7 A
 
Cash Equivalent - 1.38%, 2019
 
 **
 
2,203,030

 
 
 
 
CHAIT 2015-A5 A
 
Mortgage - 1.36%, 2020
 
 **
 
1,299,996

 
 
 
 
CHEVRON CORP UNSEC FRN
 
Cash Equivalent - 1.32%, 2019
 
 **
 
1,853,427

 
 
 
 
CMBX.NA.AAA.7 SP FBF
 
Credit Default Swap - 0.50%, 2047
 
 **
 
(15,766
)
 
 
 
 
CMBX.NA.AAA.8 SP DUB
 
Credit Default Swap - 0.50%, 2057
 
 **
 
(48,106
)
 
 
 
 
CMBX.NA.AAA.8 SP GST
 
Credit Default Swap - 0.50%, 2057
 
 **
 
(76,741
)
 
 
 
 
CNOOC FINANCE 2014 ULC GLBL CO GTD
 
Cash Equivalent - 1.63%, 2017
 
 **
 
3,230,204

 
 
 
 
COMM 2013-CR11 ASB WM23 WC5.205219817
 
Mortgage - 3.66%, 2046
 
 **
 
1,477,792

 
 
 
 
COMM 2014-CR19 ASB WM14
 
Mortgage - 3.50%, 2047
 
 **
 
1,878,105

 
 
 
 
COMM 2014-UBS6 ASB WM14
 
Mortgage - 3.39%, 2047
 
 **
 
1,869,076

 
 
 
 
COMM 2015-CR23 ASB WM15
 
Mortgage - 3.26%, 2048
 
 **
 
1,241,150

 
 
 
 
COMM 2015-DC1 ASB WM15
 
Mortgage - 3.14%, 2048
 
 **
 
1,693,203

 
 
 
 
COMM 2015-LC19 ASB
 
Mortgage - 3.04%, 2048
 
 **
 
1,330,332

 
 
 
 
COMM 2015-LC21 ASB
 
Mortgage - 3.42%, 2048
 
 **
 
2,277,866

 
 
 
 
COMPASS BANK SR UNSEC
 
Corporate - 2.75%, 2019
 
 **
 
1,898,569



13







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
CRED SUIS GP FUN LTD SR UNSEC
 
Corporate - 3.80%, 2023
 
 **
 
350,555

 
 
 
 
CREDIT SUISSE NEW YORK SR UNSEC
 
Corporate - 3.00%, 2021
 
 **
 
2,026,402

 
 
 
 
CSAIL 2015-C1 ASB WM15
 
Mortgage - 3.35%, 2050
 
 **
 
1,078,329

 
 
 
 
CSAIL 2015-C4 ASB WM25 WC4.608
 
Mortgage - 3.62%, 2048
 
 **
 
2,380,627

 
 
 
 
DEUTSCHE BANK AG SR UNSEC 144A
 
Corporate - 4.25%, 2021
 
 **
 
1,818,284

 
 
 
 
DISCOVER FINANCIAL SVS SR UNSEC
 
Corporate - 3.20%, 2021
 
 **
 
3,042,492

 
 
 
 
EL PASO PIPELINE PART OP SR UNSEC
 
Corporate - 4.30%, 2024
 
 **
 
1,543,314

 
 
 
 
ELECTRICITE DE FRANCE SA SR UNSEC 144A
 
Corporate - 2.35%, 2020
 
 **
 
1,789,015

 
 
 
 
EUROPEAN INVESTMENT BANK SR UNSEC
 
Corporate - 2.00%, 2021
 
 **
 
2,749,412

 
 
 
 
FED HOME LN BK DISC NT
 
Cash Equivalent - 0.00%, 2017
 
 **
 
11,598,214

 
 
 
 
FED HOME LN BK DISC NT
 
Cash Equivalent - 0.00%, 2017
 
 **
 
12,000,000

 
 
 
 
FHA 221D4 P4/02 GREY 54 NCP
 
Mortgage - 7.43%, 2023
 
 **
 
231

 
 
 
 
FHLMC GOLD 30YR #Q3-1614
 
Mortgage - 3.00%, 2045
 
 **
 
2,703,147

 
 
 
 
FHLMC GOLD 30YR #Q3-3509
 
Mortgage - 3.00%, 2045
 
 **
 
750,322

 
 
 
 
FHLMC GOLD 30YR GNT #G0-8687
 
Mortgage - 3.50%, 2046
 
 **
 
8,272,282

 
 
 
 
FHLMC GOLD 30YR GNT #G0-8693
 
Mortgage - 3.50%, 2046
 
 **
 
213,149

 
 
 
 
FHMS KJ02 A1 WM19 WC4.629891442
 
Cash Equivalent - 1.64%, 2019
 
 **
 
624,810

 
 
 
 
FHMS KP03 A2 WM16WC.000
 
Mortgage - 1.78%, 2019
 
 **
 
1,596,891

 
 
 
 
FHR 2666 OD PAC WM23 WC5.84
 
Mortgage - 5.50%, 2023
 
 **
 
746,649

 
 
 
 
FHR 2739 PG PAC WM33 WC5.552
 
Mortgage - 5.00%, 2034
 
 **
 
1,020,016

 
 
 
 
FHR 2764 UE WM32 WC5.4879
 
Cash Equivalent - 5.00%, 2032
 
 **
 
289,890

 
 
 
 
FHR 2950 FN 1MLIB+45
 
Cash Equivalent - 1.15%, 2035
 
 **
 
272,819

 
 
 
 
FHR 3185 GT SEQ WM26 WC6.43
 
Mortgage - 6.00%, 2026
 
 **
 
252,122

 
 
 
 
FHR 3225 HF 1MLIB+51BP
 
Cash Equivalent - 1.21%, 2036
 
 **
 
325,783

 
 
 
 
FHR 3311 FN 1MLIB+30BP
 
Cash Equivalent - 1.00%, 2037
 
 **
 
116,508

 
 
 
 
FHR 3318 FL 1MLIB+40
 
Cash Equivalent - 1.10%, 2037
 
 **
 
335,134

 
 
 
 
FHR 3339 FL 1MLIB+58
 
Cash Equivalent - 1.28%, 2037
 
 **
 
205,586

 
 
 
 
FHR 3355 BF 1MLIB+70
 
Cash Equivalent - 1.40%, 2037
 
 **
 
359,243

 
 
 
 
FHR 3368 AF 1MLIB+72
 
Cash Equivalent - 1.42%, 2037
 
 **
 
47,689

 
 
 
 
FHR 3666 FC 1MLIB+73
 
Cash Equivalent - 1.43%, 2040
 
 **
 
188,214

 
 
 
 
FHR 3699 FD VA 1MLIB+60
 
Cash Equivalent - 1.30%, 2040
 
 **
 
439,621

 
 
 
 
FHR 3740 DF 1MLIB+48
 
Cash Equivalent - 1.18%, 2040
 
 **
 
818,267

 
 
 
 
FHR 3743 FA 1MLIB+60
 
Cash Equivalent - 1.30%, 2040
 
 **
 
1,395,272

 
 
 
 
FHR 3747 WF VA 1MLIB+48
 
Cash Equivalent - 1.18%, 2040
 
 **
 
1,146,781

 
 
 
 
FHR 3751 FG 1MLIB+50
 
Cash Equivalent - 1.20%, 2050
 
 **
 
97,756

 
 
 
 
FHR 3843 FE 1MLIB+55BP
 
Cash Equivalent - 1.25%, 2041
 
 **
 
1,757,939

 
 
 
 
FHR 3843 FG 1MLIB+55BP
 
Cash Equivalent - 1.25%, 2041
 
 **
 
1,757,939

 
 
 
 
FHR 3977 FB 1MLIB+52BP
 
Cash Equivalent - 1.22%, 2041
 
 **
 
2,063,018

 
 
 
 
FHR 3984 DF 1M LIBOR +55BP
 
Cash Equivalent - 1.25%, 2042
 
 **
 
2,483,483



14







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FHR 4400 FA 1MLIB + 40 BP
 
Cash Equivalent - 1.10%, 2041
 
 **
 
1,314,674

 
 
 
 
FIN FUT EURO$ CME (RED) 03/19/18
 
Future - 0.00%, 2018
 
 **
 
2,426

 
 
 
 
FIN FUT EURO$ CME (WHT) 03/13/17
 
Future - 0.00%, 2017
 
 **
 
(538
)
 
 
 
 
FIN FUT US ULTRA 30YR CBT 03/22/17
 
Future - 6.00%, 2017
 
 **
 
(23,250
)
 
 
 
 
FL ST BRD OF ADMIN
 
Municipals - 2.64%, 2021
 
 **
 
1,116,899

 
 
 
 
FN ARM AL7090 H15T1Y+222.2 9.432
 
Cash Equivalent - 2.77%, 2037
 
 **
 
1,257,744

 
 
 
 
FNMA PASS THRU 20YR #254916
 
Cash Equivalent - 5.50%, 2023
 
 **
 
239,480

 
 
 
 
FNMA PASS THRU 20YR #255075
 
Cash Equivalent - 5.50%, 2024
 
 **
 
279,502

 
 
 
 
FNMA PASS THRU 20YR #AL6722
 
Cash Equivalent - 5.00%, 2030
 
 **
 
3,600,985

 
 
 
 
FNMA PASS THRU 30YR #848210
 
Cash Equivalent - 5.50%, 2035
 
 **
 
274,321

 
 
 
 
FNMA PASS THRU 30YR #884863
 
Cash Equivalent - 5.50%, 2036
 
 **
 
269,471

 
 
 
 
FNMA PASS THRU 30YR #890365
 
Cash Equivalent - 5.50%, 2041
 
 **
 
341,251

 
 
 
 
FNMA PASS THRU 30YR #938504
 
Cash Equivalent - 5.50%, 2037
 
 **
 
180,581

 
 
 
 
FNMA TBA 2.5% FEB 15YR
 
Mortgage - 2.50%, 2032
 
 **
 
40,137

 
 
 
 
FNMA TBA 2.5% JAN 15YR
 
Mortgage - 2.50%, 2032
 
 **
 
(109,453
)
 
 
 
 
FNMA TBA 3.0% FEB 30YR
 
Mortgage - 3.00%, 2047
 
 **
 
525,425

 
 
 
 
FNMA TBA 3.0% JAN 30YR
 
Mortgage - 3.00%, 2047
 
 **
 
(785,828
)
 
 
 
 
FNMA TBA 5.0% FEB 30YR
 
Cash Equivalent - 5.00%, 2047
 
 **
 
(9,613
)
 
 
 
 
FNMA TBA 5.0% JAN 30YR
 
Cash Equivalent - 5.00%, 2047
 
 **
 
(33,789
)
 
 
 
 
FNR 2005-109 PV WM32 WC6.509500
 
Cash Equivalent - 6.00%, 2032
 
 **
 
8,241

 
 
 
 
FNR 2005-13 FA 1MLIB+45
 
Cash Equivalent - 1.21%, 2035
 
 **
 
810,197

 
 
 
 
FNR 2005-29 JB WM33 WC7.0709
 
Mortgage - 4.50%, 2035
 
 **
 
2,428

 
 
 
 
FNR 2005-68 PC WM34 WC6.55
 
Mortgage - 5.50%, 2035
 
 **
 
5,735

 
 
 
 
FNR 2006-129 FM 1MLIB+25
 
Cash Equivalent - 1.01%, 2037
 
 **
 
156,235

 
 
 
 
FNR 2007-109 GF 1MLIB+68
 
Cash Equivalent - 1.44%, 2037
 
 **
 
829,090

 
 
 
 
FNR 2007-25 FB 1MLIB+33BP
 
Cash Equivalent - 1.09%, 2037
 
 **
 
117,677

 
 
 
 
FNR 2007-27 FA 1MLIB+31BP
 
Cash Equivalent - 1.07%, 2037
 
 **
 
39,818

 
 
 
 
FNR 2007-38 FC 1MLIB+42
 
Cash Equivalent - 1.18%, 2037
 
 **
 
230,318

 
 
 
 
FNR 2007-70 FA 1MLIB+35BP
 
Cash Equivalent - 1.11%, 2037
 
 **
 
157,541

 
 
 
 
FNR 2008-12 FA 1MLIB+67BP FRN
 
Cash Equivalent - 1.43%, 2038
 
 **
 
1,236,254

 
 
 
 
FNR 2010-111 FC 1MLIB+52
 
Cash Equivalent - 1.28%, 2040
 
 **
 
186,496

 
 
 
 
FNR 2010-115 FM 1MLIB+50
 
Cash Equivalent - 1.26%, 2040
 
 **
 
1,396,269

 
 
 
 
FNR 2010-117 FE 1MLIB+40BP
 
Cash Equivalent - 1.16%, 2040
 
 **
 
134,037

 
 
 
 
FNR 2010-129 FM 1MLIB+50
 
Cash Equivalent - 1.26%, 2040
 
 **
 
332,521

 
 
 
 
FNR 2010-135 LF 1MLIB+45
 
Cash Equivalent - 1.21%, 2040
 
 **
 
610,736

 
 
 
 
FNR 2010-141 FB 1MLIB+47
 
Cash Equivalent - 1.23%, 2040
 
 **
 
183,761

 
 
 
 
FNR 2010-2 GF 1MLIB+55BP
 
Cash Equivalent - 1.31%, 2049
 
 **
 
489,225

 
 
 
 
FNR 2010-46 WF 1MLIB+75BP
 
Cash Equivalent - 1.51%, 2040
 
 **
 
1,686,088

 
 
 
 
FNR 2010-59 FA 1MLIB+73BP
 
Cash Equivalent - 1.49%, 2040
 
 **
 
2,588,111



15







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FNR 2011-3 FA 1MLIB+68
 
Cash Equivalent - 1.44%, 2041
 
 **
 
3,242,364

 
 
 
 
FNR 2011-86 KF 1MLIB+55
 
Cash Equivalent - 1.31%, 2041
 
 **
 
467,795

 
 
 
 
FNR 2011-86 NF 1MLIB+55
 
Cash Equivalent - 1.31%, 2041
 
 **
 
1,012,159

 
 
 
 
FNR 2011-87 FJ 1MLIB+55BP
 
Cash Equivalent - 1.31%, 2041
 
 **
 
1,736,074

 
 
 
 
FNR 2012-141 FA 1MLIB+30BP
 
Cash Equivalent - 1.06%, 2042
 
 **
 
1,210,719

 
 
 
 
FNR 2013-39 FA 1MLIB+35BP
 
Cash Equivalent - 1.11%, 2043
 
 **
 
1,315,105

 
 
 
 
FNR 2015-79 FE 1MLIB+25BP
 
Cash Equivalent - 1.01%, 2045
 
 **
 
2,969,449

 
 
 
 
FNR 2015-87 BF 1MLIB+30BP
 
Cash Equivalent - 1.06%, 2045
 
 **
 
1,799,170

 
 
 
 
FNR 2016-11 CF 1MLIB+35BP
 
Cash Equivalent - 1.11%, 2046
 
 **
 
3,404,095

 
 
 
 
FNR 2016-40 AF 1MLIB+45BP
 
Cash Equivalent - 0.98%, 2046
 
 **
 
4,016,377

 
 
 
 
FNR 2016-64 KF WM38 WC3.3381
 
Cash Equivalent - 1.00%, 2046
 
 **
 
4,843,676

 
 
 
 
FNR 2016-82 FM 1MLIB+40BP
 
Cash Equivalent - 0.93%, 2046
 
 **
 
5,675,019

 
 
 
 
FNR 2016-87 AF 1MLIB+40BP
 
Cash Equivalent - 0.93%, 2046
 
 **
 
5,900,022

 
 
 
 
FORD MOTOR CREDIT CO LLC SR UNSEC
 
Corporate - 5.00%, 2018
 
 **
 
4,694,606

 
 
 
 
FORDL 2015-B A2A
 
Cash Equivalent - 1.04%, 2018
 
 **
 
1,259,343

 
 
 
 
FOREST LABORATORIES INC SR UNSEC 144A
 
Corporate - 4.38%, 2019
 
 **
 
3,150,397

 
 
 
 
GE CAPITAL INTL FUNDING SR UNSEC
 
Corporate - 2.34%, 2020
 
 **
 
3,949,073

 
 
 
 
GENERAL ELECTRIC CO GLBL NT
 
Corporate - 4.63%, 2021
 
 **
 
787,071

 
 
 
 
GENERAL ELECTRIC CO SR UNSEC
 
Corporate - 2.70%, 2022
 
 **
 
753,109

 
 
 
 
GNMA I TBA 4.0% JAN 30YR
 
Mortgage - 4.00%, 2047
 
 **
 
(46,562
)
 
 
 
 
GNMA II MULTPL SGL 30YR #MA3105M
 
Mortgage - 3.50%, 2045
 
 **
 
7,910,201

 
 
 
 
GNR 2012-149 GF 1MLIB+30BP
 
Cash Equivalent - 1.04%, 2042
 
 **
 
3,441,894

 
 
 
 
GOLDCORP INC GLBL SR UNSEC
 
Corporate - 3.63%, 2021
 
 **
 
712,724

 
 
 
 
GOLDMAN SACHS GROUP INC GLBL SR UNSEC
 
Corporate - 5.25%, 2021
 
 **
 
2,775,046

 
 
 
 
GOLDMAN SACHS GROUP INC SR NT
 
Corporate - 5.38%, 2020
 
 **
 
1,724,444

 
 
 
 
GOLDMAN SACHS GROUP INC SR UNSEC
 
Corporate - 4.00%, 2024
 
 **
 
2,511,764

 
 
 
 
HAROT 2015-3 A2 WM19 WC2.133500
 
Cash Equivalent - 0.92%, 2017
 
 **
 
409,896

 
 
 
 
HSBC HOLDINGS PLC SR UNSEC
 
Corporate - 3.60%, 2023
 
 **
 
1,311,339

 
 
 
 
HSBC HOLDINGS PLC SR UNSEC
 
Corporate - 3.19%, 2021
 
 **
 
2,095,708

 
 
 
 
HUTCHISON WHAMPOA UNSEC 144A
 
Corporate - 1.63%, 2017
 
 **
 
2,099,702

 
 
 
 
INTESA SANPAOLO SPA SR UNSEC
 
Corporate - 2.38%, 2017
 
 **
 
1,660,750

 
 
 
 
INTESA SANPAOLO SPA UNSEC
 
Corporate - 3.88%, 2018
 
 **
 
1,535,635

 
 
 
 
IRS USD 1.25000 12/21/16-3Y CME
 
Interest Rate Swap - 1.25%, 2018
 
 **
 
(261,180
)
 
 
 
 
IRS USD 1.75000 12/21/16-10Y CME
 
Interest Rate Swap - 1.75%, 2026
 
 **
 
380,967

 
 
 
 
ITAU CORPBANCA 144A SR UNSEC
 
Corporate - 3.88%, 2019
 
 **
 
1,558,101

 
 
 
 
JACKSON NATL LIFE GLOBAL SEC 144A
 
Corporate - 1.88%, 2018
 
 **
 
1,707,826

 
 
 
 
JPMBB 2013-C17 ASB WM23 WC4.9082
 
Mortgage - 3.71%, 2047
 
 **
 
1,475,751

 
 
 
 
JPMBB 2014-C22 ASB WM24 WC4.580566404
 
Mortgage - 3.50%, 2047
 
 **
 
1,824,126

 
 
 
 
JPMBB 2015-C27 ASB
 
Mortgage - 3.02%, 2048
 
 **
 
1,622,915



16







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
JPMCC 2007-LD12 A4 WM16 WC6.0924
 
Cash Equivalent - 5.88%, 2051
 
 **
 
2,282,108

 
 
 
 
JPMCC 2007-LDPX A3 SEQ WM15 WC5.76
 
Cash Equivalent - 5.42%, 2049
 
 **
 
709,750

 
 
 
 
JPMORGAN CHASE & CO GLBL SR UNSEC
 
Corporate - 4.50%, 2022
 
 **
 
1,635,669

 
 
 
 
JPMORGAN CHASE & CO SR UNSEC
 
Corporate - 2.55%, 2020
 
 **
 
350,815

 
 
 
 
JPMORGAN CHASE & CO SR UNSEC
 
Corporate - 4.25%, 2020
 
 **
 
3,261,003

 
 
 
 
JPMORGAN CHASE & CO SR UNSEC
 
Corporate - 2.30%, 2021
 
 **
 
2,665,855

 
 
 
 
KFW SR UNSEC
 
Corporate - 1.50%, 2019
 
 **
 
1,805,915

 
 
 
 
KINDER MORGAN ENER PART
 
Corporate - 3.95%, 2022
 
 **
 
2,071,036

 
 
 
 
KINDER MORGAN INC SNR S* ICE
 
Credit Default Swap - 1.00%, 2021
 
 **
 
(7,326
)
 
 
 
 
LOS ANGELES CO REDEV
 
Municipals - 2.00%, 2023
 
 **
 
1,789,409

 
 
 
 
MANUF & TRADERS TRUST CO SR UNSEC
 
Corporate - 2.25%, 2019
 
 **
 
4,410,600

 
 
 
 
MEXICO LA SP GST
 
Credit Default Swap - 1.00%, 2019
 
 **
 
6,581

 
 
 
 
MIZUHO FINANCIAL GROUP SR UNSEC
 
Corporate - 2.10%, 2021
 
 **
 
3,102,986

 
 
 
 
MOODY'S CORPORATION SR UNSEC
 
Corporate - 4.88%, 2024
 
 **
 
3,279,780

 
 
 
 
MORGAN STANLEY
 
Corporate - 5.50%, 2020
 
 **
 
2,219,774

 
 
 
 
MORGAN STANLEY NT
 
Corporate - 5.50%, 2020
 
 **
 
4,503,900

 
 
 
 
MSBAM 2012-C6 A2 WM21 WC4.692
 
Cash Equivalent - 1.87%, 2045
 
 **
 
1,899,437

 
 
 
 
MSBAM 2013-C13 ASB WM23 WC4.922172434
 
Mortgage - 3.56%, 2045
 
 **
 
1,155,450

 
 
 
 
MSBAM 2014-C16 A4 WM23 C4.78111
 
Mortgage - 3.60%, 2047
 
 **
 
2,129,222

 
 
 
 
MSBAM 2014-C18 A2 WM14
 
Mortgage - 3.19%, 2047
 
 **
 
2,218,228

 
 
 
 
MSBAM 2015-C20 ASB WM24 WC4.486757058
 
Mortgage - 3.07%, 2048
 
 **
 
1,220,737

 
 
 
 
MSC 2007-IQ13 A4 WM16 WC5.8329
 
Cash Equivalent - 5.36%, 2044
 
 **
 
631,094

 
 
 
 
NA DEVELOPMENT BANK GLBL SR UNSECURED
 
Corporate - 4.38%, 2020
 
 **
 
5,156,116

 
 
 
 
NALT 2015-B A2A
 
Cash Equivalent - 1.18%, 2017
 
 **
 
1,007,313

 
 
 
 
NAVSL 2015-1 A1 1MLIB+30BP
 
Cash Equivalent - 1.06%, 2022
 
 **
 
640,096

 
 
 
 
PENSKE TRUCK LEASING/PTL SR UNSEC 144A
 
Corporate - 3.05%, 2020
 
 **
 
1,632,018

 
 
 
 
PNC BANK NA SR UNSEC
 
Corporate - 2.45%, 2020
 
 **
 
1,305,930

 
 
 
 
PROLOGIS LP SR UNSEC
 
Corporate - 4.00%, 2018
 
 **
 
1,443,518

 
 
 
 
PRUDENTIAL FINANCIAL INC SNR S* ICE
 
Credit Default Swap - 1.00%, 2021
 
 **
 
17,638

 
 
 
 
RABOBANK NEDERLAND UTREC
 
Corporate - 3.88%, 2022
 
 **
 
3,728,881

 
 
 
 
SANTANDER HOLDINGS USA SR UNSEC
 
Corporate - 4.50%, 2025
 
 **
 
2,014,550

 
 
 
 
SANTANDER UK GROUP HLDGS SR UNSEC
 
Corporate - 2.88%, 2021
 
 **
 
1,478,187

 
 
 
 
SBA TOWER TRUST NT SEC 144A 1A C
 
Corporate - 2.90%, 2044
 
 **
 
2,219,794

 
 
 
 
SINOPEC GRP OVERSEA 2014
 
Corporate - 2.75%, 2019
 
 **
 
3,043,704

 
 
 
 
SLCLT 2005-3 A2 3MLIB+9BP
 
Cash Equivalent - 1.05%, 2024
 
 **
 
533,083

 
 
 
 
SLCLT 2006-2 A5 3MLIB+10BP
 
Cash Equivalent - 1.06%, 2026
 
 **
 
1,557,553

 
 
 
 
SLMA 2004-1 A3
 
Cash Equivalent - 1.09%, 2023
 
 **
 
728,517



17







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SLMA 2004-3 A5 3MLIB+17
 
Cash Equivalent - 1.05%, 2023
 
 **
 
962,914

 
 
 
 
SLMA 2005-3 A5
 
Cash Equivalent - 0.97%, 2024
 
 **
 
1,045,760

 
 
 
 
SLMA 2005-6 A5A 3MLIB+11BP
 
Cash Equivalent - 0.99%, 2026
 
 **
 
647,545

 
 
 
 
SLMA 2005-8 A4 3MLIB **PUT REDEMPTION**
 
Cash Equivalent - 1.63%, 2028
 
 **
 
212,164

 
 
 
 
SLMA 2006-1 A4 3MLIB+9
 
Cash Equivalent - 0.97%, 2019
 
 **
 
433,621

 
 
 
 
SLMA 2006-4 A5 3MLIB+10BP
 
Cash Equivalent - 0.98%, 2025
 
 **
 
332,792

 
 
 
 
SOLVAY FINANCE (AMERICA) SR UNSEC 144A
 
Corporate - 3.40%, 2020
 
 **
 
1,733,868

 
 
 
 
SOUTH AFRICA EM SP CBK
 
Credit Default Swap - 1.00%, 2019
 
 **
 
(13,443
)
 
 
 
 
STATE STREET STIF
 
Cash Equivalent - 0.64%, 2030
 
 **
 
557,580

 
 
 
 
SUMITOMO MITSUI BANKING SR UNSEC FRN
 
Cash Equivalent - 1.46%, 2018
 
 **
 
2,407,632

 
 
 
 
SUMITOMO MITSUI FINL GRP SR UNSEC
 
Corporate - 2.44%, 2021
 
 **
 
2,961,704

 
 
 
 
TAOT 2015-C A2A
 
Cash Equivalent - 0.92%, 2018
 
 **
 
228,171

 
 
 
 
TEVA PHARMACEUTICALS NE SR UNSEC
 
Corporate - 1.70%, 2019
 
 **
 
888,730

 
 
 
 
TIAA ASSET MGMT FIN LLC SR UNSEC 144A
 
Corporate - 2.95%, 2019
 
 **
 
1,531,162

 
 
 
 
U S TREASURY BILLS
 
Cash Equivalent - 0.00%, 2017
 
 **
 
999

 
 
 
 
U S TREASURY BILLS
 
Cash Equivalent - 0.00%, 2017
 
 **
 
98,916

 
 
 
 
U S TREASURY INFLATE PROT BD
 
US Treasury - 0.38%, 2025
 
 **
 
1,979,884

 
 
 
 
U S TREASURY INFLATE PROT BD
 
US Treasury - 0.63%, 2026
 
 **
 
2,416,902

 
 
 
 
U S TREASURY INFLATE PROT BD
 
US Treasury - 1.75%, 2028
 
 **
 
906,362

 
 
 
 
U S TREASURY INFLATE PROT BD
 
US Treasury - 2.00%, 2026
 
 **
 
482,851

 
 
 
 
U S TREASURY NOTE
 
Cash Equivalent - 0.88%, 2017
 
 **
 
12,047,223

 
 
 
 
U S TREASURY NOTE
 
Cash Equivalent - 0.88%, 2017
 
 **
 
985,472

 
 
 
 
U S TREASURY NOTE
 
Cash Equivalent - 1.00%, 2017
 
 **
 
13,746,239

 
 
 
 
U S TREASURY NOTE
 
Cash Equivalent - 0.63%, 2017
 
 **
 
14,022,583

 
 
 
 
U S TREASURY NOTE
 
US Treasury - 1.75%, 2021
 
 **
 
2,334,867

 
 
 
 
U S TREASURY NOTE
 
US Treasury - 1.00%, 2019
 
 **
 
18,624,518

 
 
 
 
U S TREASURY NOTE
 
US Treasury - 1.38%, 2023
 
 **
 
10,297,209

 
 
 
 
U S TREASURY NOTE
 
US Treasury - 1.25%, 2023
 
 **
 
4,628,389

 
 
 
 
U S TREASURY NOTE
 
US Treasury - 2.13%, 2021
 
 **
 
20,995,641

 
 
 
 
U S TREASURY NOTE
 
US Treasury - 0.75%, 2018
 
 **
 
17,997,665

 
 
 
 
U S TREASURY NOTE
 
US Treasury - 1.13%, 2021
 
 **
 
5,423,654

 
 
 
 
U S TREASURY REPO
 
Cash Equivalent - 0.60%, 2017
 
 **
 
60,701,163

 
 
 
 
UBS AG STAMFORD CT SR UNSEC
 
Corporate - 2.38%, 2019
 
 **
 
3,536,473

 
 
 
 
UBSBB 2013-C5 AAB WM22 WC4.120420506
 
Mortgage - 2.69%, 2046
 
 **
 
1,214,101

 
 
 
 
VERIZON COMMUNICATIONS SR UNSEC
 
Corporate - 5.15%, 2023
 
 **
 
4,854,771

 
 
 
 
VIACOM INC SR UNSEC
 
Corporate - 2.75%, 2019
 
 **
 
1,000,098

 
 
 
 
VM CASH CCP CME FOB USD
 
Cash Equivalent - 0.01%, 2060
 
 **
 
46,929

 
 
 
 
VM CASH CCP ICE FOB USD
 
Cash Equivalent - 0.01%, 2060
 
 **
 
20,517

 
 
 
 
VM CASH FUT DOM FOB USD
 
Cash Equivalent - 0.01%, 2060
 
 **
 
179,140



18







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
VOLKSWAGEN GROUP AMERICA SR UNSEC 144A
 
Corporate - 1.39%, 2018
 
 **
 
996,331

 
 
 
 
WEA FINANCE LLC/WESTFIEL UNSEC 144A
 
Corporate - 2.70%, 2019
 
 **
 
3,049,704

 
 
 
 
WELLS FARGO & COMPANY SR UNSEC
 
Corporate - 1.76%, 2020
 
 **
 
2,015,204

 
 
 
 
WELLS FARGO & COMPANY SR UNSEC
 
Corporate - 3.55%, 2025
 
 **
 
2,913,555

 
 
 
 
WFCM 2015-C26 ASB WM15
 
Mortgage - 2.99%, 2048
 
 **
 
1,521,654

 
 
 
 
WFCM 2015-C29 ASB WM15
 
Mortgage - 3.40%, 2048
 
 **
 
1,651,913

 
 
 
 
WFCM 2015-C30 ASB WM25 WC4.53
 
Mortgage - 3.41%, 2058
 
 **
 
1,755,285

 
 
 
 
WFCM 2016-C35 ASB WM16 WC0.0
 
Mortgage - 2.79%, 2048
 
 **
 
1,436,181

 
 
 
 
WISCONSIN-A-REF-TXBL
 
Municipals - 1.90%, 2022
 
 **
 
1,839,207

 
 
 
 
 
 
 
 
 
 
 
 
 
 Capital Preservation Fund Total
 
 
 
 
 
563,438,944

 
 
 
 
 
 
 
 
 
 
 
 
 
ARTISAN MIDCAP INVESTOR FUND
 
 
 
 
 
 
*
 
 
 STATE STREET STIF
 
MONEY MARKET FUND
 
 **
 
6,406,779

 
 
 
 
ACTIVISION BLIZZARD INC
 
COMMON STOCK
 
 **
 
1,758,810

 
 
 
 
ACUITY BRANDS INC
 
COMMON STOCK
 
 **
 
2,364,468

 
 
 
 
ADVANCE AUTO PARTS INC
 
COMMON STOCK
 
 **
 
2,019,462

 
 
 
 
AMETEK INC
 
COMMON STOCK
 
 **
 
921,796

 
 
 
 
ARAMARK
 
COMMON STOCK
 
 **
 
2,031,932

 
 
 
 
ATHENAHEALTH INC
 
COMMON STOCK
 
 **
 
1,176,011

 
 
 
 
ATLASSIAN CORP PLC
 
COMMON STOCK
 
 **
 
961,827

 
 
 
 
BECTON DICKINSON AND CO
 
COMMON STOCK
 
 **
 
2,800,278

 
 
 
 
BLUE BUFFALO PET PRODUCTS
 
COMMON STOCK
 
 **
 
696,150

 
 
 
 
BOSTON SCIENTIFIC CORP
 
COMMON STOCK
 
 **
 
5,651,378

 
 
 
 
CBS CORP
 
COMMON STOCK
 
 **
 
2,066,505

 
 
 
 
CIGNA CORP
 
COMMON STOCK
 
 **
 
3,377,702

 
 
 
 
CIMAREX ENERGY
 
COMMON STOCK
 
 **
 
2,106,722

 
 
 
 
CINTAS CORP
 
COMMON STOCK
 
 **
 
1,158,489

 
 
 
 
CONCHO RESOURCES INC
 
DEPOSITORY RECEIPTS
 
 **
 
3,251,087

 
 
 
 
CTRIP.COM
 
COMMON STOCK
 
 **
 
1,546,680

 
 
 
 
DELPHI AUTOMOTIVE PLC
 
COMMON STOCK
 
 **
 
2,002,787

 
 
 
 
DEXCOM INC
 
COMMON STOCK
 
 **
 
2,265,257

 
 
 
 
DOLLAR TREE INC
 
COMMON STOCK
 
 **
 
1,383,452

 
 
 
 
ELECTRONIC ARTS INC
 
COMMON STOCK
 
 **
 
2,660,907

 
 
 
 
ENVISION HEALTHCARE CORP
 
COMMON STOCK
 
 **
 
2,303,690

 
 
 
 
EXPEDIA INC
 
COMMON STOCK
 
 **
 
935,466

 
 
 
 
FIDELITY NATIONAL INFO SERV
 
COMMON STOCK
 
 **
 
2,202,334

 
 
 
 
FORTUNE BRANDS HOME & SECURITY
 
COMMON STOCK
 
 **
 
3,580,377

 
 
 
 
GARTNER INC
 
COMMON STOCK
 
 **
 
1,789,343



19







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
GLOBAL PAYMENTS INC
 
COMMON STOCK
 
 **
 
4,859,255

 
 
 
 
GUIDEWIRE SOFTWARE INC
 
COMMON STOCK
 
 **
 
1,958,105

 
 
 
 
HARRIS CORP
 
COMMON STOCK
 
 **
 
1,479,667

 
 
 
 
HD SUPPLY HOLDINGS INC
 
COMMON STOCK
 
 **
 
2,155,895

 
 
 
 
IHS MARKIT LTD
 
COMMON STOCK
 
 **
 
6,443,204

 
 
 
 
INTERCONTINENTAL EXCHANGE INC
 
COMMON STOCK
 
 **
 
2,337,932

 
 
 
 
INTUIT INC
 
COMMON STOCK
 
 **
 
1,052,922

 
 
 
 
LKQ CORP
 
COMMON STOCK
 
 **
 
5,760,637

 
 
 
 
MIDDLEBY CORP
 
COMMON STOCK
 
 **
 
1,690,245

 
 
 
 
MONSTER BEVERAGE CORP
 
COMMON STOCK
 
 **
 
2,218,330

 
 
 
 
MOTOROLA SOLUTIONS INC
 
COMMON STOCK
 
 **
 
1,786,611

 
 
 
 
NEWELL BRANDS INC
 
COMMON STOCK
 
 **
 
1,712,953

 
 
 
 
NIELSEN HOLDINGS PLC
 
COMMON STOCK
 
 **
 
1,105,802

 
 
 
 
NORTHERN TRUST CORP
 
COMMON STOCK
 
 **
 
1,677,880

 
 
 
 
NVIDIA CORP
 
COMMON STOCK
 
 **
 
2,252,961

 
 
 
 
O REILLY AUTOMOTIVE INC
 
COMMON STOCK
 
 **
 
815,463

 
 
 
 
PANERA BREAD COMPANY
 
COMMON STOCK
 
 **
 
726,019

 
 
 
 
REGENERON PHARMACEUTICAS
 
COMMON STOCK
 
 **
 
3,933,736

 
 
 
 
ROPER TECHNOLOGIES INC
 
COMMON STOCK
 
 **
 
1,752,442

 
 
 
 
RPM INTERNATIONAL INC
 
COMMON STOCK
 
 **
 
2,152,016

 
 
 
 
SEATTLE GENETICS INC
 
COMMON STOCK
 
 **
 
4,856,184

 
 
 
 
SMITH (A.O.) CORP
 
COMMON STOCK
 
 **
 
1,023,738

 
 
 
 
STATE STREET BANK + TRUST
 
COMMON STOCK
 
 **
 
695,761

 
 
 
 
SVB FINANCIAL GROUP
 
COMMON STOCK
 
 **
 
2,677,381

 
 
 
 
TD AMERITRADE HOLDING CORP
 
COMMON STOCK
 
 **
 
1,412,902

 
 
 
 
TRACTOR SUPPLY COMPANY
 
COMMON STOCK
 
 **
 
1,359,273

 
 
 
 
ULTA SALON COSMETICS & FRAGRANCE
 
COMMON STOCK
 
 **
 
2,540,477

 
 
 
 
VANTIV INC
 
COMMON STOCK
 
 **
 
2,011,877

 
 
 
 
VEEVA SYSTEMS INC
 
COMMON STOCK
 
 **
 
2,131,296

 
 
 
 
VERISK ANALYTICS INC
 
COMMON STOCK
 
 **
 
1,461,628

 
 
 
 
WABTEC CORP
 
COMMON STOCK
 
 **
 
1,217,903

 
 
 
 
WASTE CONNECTIONS INC
 
COMMON STOCK
 
 **
 
3,640,918

 
 
 
 
WHITEWAVE FOODS CO
 
COMMON STOCK
 
 **
 
1,222,087

 
 
 
 
WORKDAY INC
 
COMMON STOCK
 
 **
 
1,316,314

 
 
 
 
 
 
 
 
 
 
 
 
 
Artisan Midcap Investor Fund Total
 
 
 
 
 
134,859,503

 
 
 
 
 
 
 
 
 
 
 
 
 
METWEST TOTAL RETURN FUND
 
 
 
 
 
 
*
 
 
 STATE STREET STIF
 
Money market fund
 
 **
 
8,162,021



20







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ABBVIE INC SR UNSECURED
 
CORPORATE BONDS - 4.30%, 2036
 
 **
 
95,291

 
 
 
 
ABBVIE INC SR UNSECURED
 
CORPORATE BONDS - 4.70%, 2045
 
 **
 
318,867

 
 
 
 
ACE SECURITIES CORP. ACE 2004 IN1
 
MORTGAGE - 1.00%, 2034
 
 **
 
1,047,899

 
 
 
 
ACTAVIS FUNDING SCS COMPANY GUAR
 
CORPORATE BONDS - 3.80%, 2025
 
 **
 
450,530

 
 
 
 
ACTAVIS FUNDING SCS COMPANY GUAR
 
CORPORATE BONDS - 4.55%, 2035
 
 **
 
296,938

 
 
 
 
ADJUSTABLE RATE MORTGAGE TRUST ARMT 2005 2 6M1
 
MORTGAGE - 1.00%, 2035
 
 **
 
329,238

 
 
 
 
AETNA INC SR UNSECURED
 
CORPORATE BONDS - 1.70%, 2018
 
 **
 
549,490

 
 
 
 
AMER AIRLN 13 1 A PASS T PASS THRU CE
 
CORPORATE BONDS - 4.00%, 2027
 
 **
 
350,401

 
 
 
 
AMERICA WEST AIR 2000 1 PASS THRU CE
 
CORPORATE BONDS - 8.06%, 2022
 
 **
 
409,601

 
 
 
 
AMERICAN HOME MORTGAGE INVESTM AHM 2004 4 4A
 
MORTGAGE - 1.00%, 2045
 
 **
 
831,263

 
 
 
 
APPLE INC SR UNSECURED
 
CORPORATE BONDS - 4.65%, 2046
 
 **
 
313,156

 
 
 
 
AT+T INC SR UNSECURED
 
CORPORATE BONDS - 4.75%, 2046
 
 **
 
454,761

 
 
 
 
AT+T INC SR UNSECURED
 
CORPORATE BONDS - 4.80%, 2044
 
 **
 
203,157

 
 
 
 
BABSON CLO LTD BABSN 2015 IA A 144A
 
OTHER ASSET BACKED - 1.00%, 2027
 
 **
 
580,756

 
 
 
 
BANC OF AMERICA MERRILL LYNCH BAMLL
 
MORTGAGE - 2.96%, 2030
 
 **
 
221,265

 
 
 
 
BANK OF AMERICA CORP SR UNSECURED
 
CORPORATE BONDS - 6.88%, 2018
 
 **
 
478,310

 
 
 
 
BANK OF AMERICA CORP SR UNSECURED
 
CORPORATE BONDS - 5.65%, 2018
 
 **
 
523,881

 
 
 
 
BANK OF AMERICA CORP SR UNSECURED
 
CORPORATE BONDS - 4.10%, 2023
 
 **
 
626,760

 
 
 
 
BANK OF AMERICA NA SUBORDINATED
 
CORPORATE BONDS - 5.30%, 2017
 
 **
 
1,007,745

 
 
 
 
BAXALTA INC COMPANY GUAR
 
CORPORATE BONDS - 2.88%, 2020
 
 **
 
424,894

 
 
 
 
BCAP LLC TRUST BCAP 2008 IND2 A1
 
MORTGAGE - 1.00%, 2038
 
 **
 
731,705

 
 
 
 
BEAR STEARNS ADJUSTABLE RATE M BSARM
 
MORTGAGE - 1.00%, 2033
 
 **
 
867,688

 
 
 
 
BEAR STEARNS COS LLC COMPANY GUAR
 
CORPORATE BONDS - 7.25%, 2018
 
 **
 
1,063,529

 
 
 
 
BERKSHIRE HATHAWAY INC SR UNSECURED
 
CORPORATE BONDS - 3.13%, 2026
 
 **
 
521,590

 
 
 
 
CAPITAL ONE BANK USA NA SR UNSECURED
 
CORPORATE BONDS - 1.20%, 2017
 
 **
 
749,849

 
 
 
 
CELGENE CORP SR UNSECURED
 
CORPORATE BONDS - 5.00%, 2045
 
 **
 
363,906

 
 
 
 
CENTEX HOME EQUITY CXHE 2005 D M1
 
OTHER ASSET BACKED - 1.00%, 2035
 
 **
 
191,352

 
 
 
 
CENTEX HOME EQUITY CXHE 2005 D M2
 
OTHER ASSET BACKED - 1.00%, 2036
 
 **
 
1,210,556

 
 
 
 
CHARTER COMM OPT LLC/CAP SR SECURED
 
CORPORATE BONDS - 4.46%, 2022
 
 **
 
621,793

 
 
 
 
CHASE ISSUANCE TRUST CHAIT 2015 A6 A6
 
CREDIT CARD RECIVEABLE- 1.00%, 2019
 
 **
 
590,211

 
 
 
 
CITIGROUP INC SR UNSECURED
 
CORPORATE BONDS - 1.80%, 2018
 
 **
 
499,721

 
 
 
 
CITIGROUP INC SR UNSECURED
 
CORPORATE BONDS - 1.75%, 2018
 
 **
 
997,869

 
 
 
 
CITIGROUP MORTGAGE LOAN TRUST CMLTI 2015 6 2A1 144A
 
MORTGAGE - 1.00%, 2035
 
 **
 
785,725

 
 
 
 
COLLEGIATE FUNDING SERVICES ED COELT 2005 A A4
 
OTHER ASSET BACKED - 1.00%, 2035
 
 **
 
1,018,205

 
 
 
 
COLUMBIA PIPELINE GROUP COMPANY GUAR
 
CORPORATE BONDS - 2.45, 2018
 
 **
 
753,665



21







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
COMM MORTGAGE TRUST COMM 2013 300P A1 144A
 
MORTGAGE - 4.35%, 2030
 
 **
 
221,844

 
 
 
 
COMM MORTGAGE TRUST COMM 2016 787S A 144A
 
MORTGAGE - 3.55%, 2036
 
 **
 
219,671

 
 
 
 
CONTL AIRLINES 2009 2 PASS THRU CE
 
CORPORATE BONDS - 7.25%, 2021
 
 **
 
675,483

 
 
 
 
CVS HEALTH CORP SR UNSECURED
 
CORPORATE BONDS - 5.13%, 2045
 
 **
 
445,779

 
 
 
 
DUKE ENERGY CAROLINAS 1ST REF MORT
 
CORPORATE BONDS - 3.75%, 2045
 
 **
 
666,349

 
 
 
 
DUQUESNE LIGHT HOLDINGS SR UNSECURED 144A
 
CORPORATE BONDS - 5.90%, 2021
 
 **
 
895,009

 
 
 
 
EMERA US FINANCE LP COMPANY GUAR 144A
 
CORPORATE BONDS - 2.15%, 2019
 
 **
 
658,909

 
 
 
 
ENCORE CREDIT RECEIVABLES TRUS ECR 2005 4 M1
 
OTHER ASSET BACKED 1.00%, 2036
 
 **
 
513,942

 
 
 
 
ENERGY TRANSFER PARTNERS SR UNSECURED
 
CORPORATE BONDS - 5.15%, 2045
 
 **
 
623,402

 
 
 
 
ESSEX PORTFOLIO LP COMPANY GUAR
 
CORPORATE BONDS - 5.50%, 2017
 
 **
 
453,594

 
 
 
 
FANNIEMAE ACES FNA 2012 M11 FA
 
MORTGAGE - 1.00%, 2019
 
 **
 
769,510

 
 
 
 
FANNIEMAE ACES FNA 2015 M1 A2
 
MORTGAGE - 2.53%, 2024
 
 **
 
1,131,021

 
 
 
 
FARMERS EXCHANGE CAP III SUBORDINATED 144A
 
CORPORATE BONDS - 1.00%, 2054
 
 **
 
701,179

 
 
 
 
FED HM LN PC POOL G07848 FG
 
MORTGAGE - 3.50%, 2044
 
 **
 
1,797,365

 
 
 
 
FED HM LN PC POOL G07957 FG
 
MORTGAGE - 4.00%, 2045
 
 **
 
1,107,871

 
 
 
 
FED HM LN PC POOL G08676 FG
 
MORTGAGE - 3.50%, 2045
 
 **
 
1,236,367

 
 
 
 
FED HM LN PC POOL G08702 FG
 
MORTGAGE - 3.50%, 2046
 
 **
 
2,796,438

 
 
 
 
FED HM LN PC POOL G08707 FG
 
MORTGAGE - 4.00%, 2046
 
 **
 
602,015

 
 
 
 
FED HM LN PC POOL G08711 FG
 
MORTGAGE - 3.50%, 2046
 
 **
 
1,444,363

 
 
 
 
FED HM LN PC POOL G08712 FG
 
MORTGAGE - 4.00%, 2046
 
 **
 
451,723

 
 
 
 
FED HM LN PC POOL G08715 FG
 
MORTGAGE - 3.00%, 2046
 
 **
 
1,544,099

 
 
 
 
FED HM LN PC POOL G08716 FG
 
MORTGAGE - 3.50%, 2046
 
 **
 
1,775,017

 
 
 
 
FED HM LN PC POOL G08721 FG
 
MORTGAGE - 3.00%, 2046
 
 **
 
850,119

 
 
 
 
FED HM LN PC POOL G08726 FG
 
MORTGAGE - 3.00%, 2046
 
 **
 
1,009,574

 
 
 
 
FED HM LN PC POOL G08732 FG
 
MORTGAGE - 3.00%, 2046
 
 **
 
1,127,485

 
 
 
 
FED HM LN PC POOL G08741 FG
 
MORTGAGE - 3.00%, 2047
 
 **
 
318,084

 
 
 
 
FED HM LN PC POOL G18622 FG
 
MORTGAGE - 2.50%, 2031
 
 **
 
1,809,570

 
 
 
 
FED HM LN PC POOL G18626 FG
 
MORTGAGE - 2.50%, 2032
 
 **
 
431,159

 
 
 
 
FED HM LN PC POOL G18627 FG
 
MORTGAGE - 3.00%, 2032
 
 **
 
215,747

 
 
 
 
FED HM LN PC POOL G60023 FG
 
MORTGAGE - 3.50%, 2045
 
 **
 
1,982,555

 
 
 
 
FED HM LN PC POOL G60080 FG
 
MORTGAGE - 3.50%, 2045
 
 **
 
2,021,216

 
 
 
 
FED HM LN PC POOL G60238 FG
 
MORTGAGE - 3.50%, 2045
 
 **
 
220,326

 
 
 
 
FED HM LN PC POOL G60344 FG
 
MORTGAGE - 4.00%, 2045
 
 **
 
1,795,989

 
 
 
 
FEDERAL HOME LOAN BANK BONDS 06/30 VAR
 
GOVERNMENT ISSUES - 1.00%, 2030
 
 **
 
1,185,452

 
 
 
 
FNMA POOL 467944 FN
 
MORTGAGE - 4.25%, 2021
 
 **
 
529,391



22







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FNMA POOL 468822 FN
 
MORTGAGE - 4.10%, 2021
 
 **
 
482,803

 
 
 
 
FNMA POOL 471713 FN
 
MORTGAGE - 2.85%, 2022
 
 **
 
390,146

 
 
 
 
FNMA POOL AL0151 FN
 
MORTGAGE - 1.00%, 2021
 
 **
 
1,058,337

 
 
 
 
FNMA POOL AL0705 FN
 
MORTGAGE - 1.00%, 2020
 
 **
 
212,920

 
 
 
 
FNMA POOL AL6167 FN
 
MORTGAGE - 1.00%, 2044
 
 **
 
998,999

 
 
 
 
FNMA POOL AL9027 FN
 
MORTGAGE - 1.00%, 2046
 
 **
 
1,300,227

 
 
 
 
FNMA POOL AL9472 FN
 
MORTGAGE - 1.00%, 2043
 
 **
 
480,645

 
 
 
 
FNMA POOL AM0762 FN
 
MORTGAGE - 3.29%, 2032
 
 **
 
351,095

 
 
 
 
FNMA POOL AM2749 FN
 
MORTGAGE - 2.83%, 2023
 
 **
 
393,197

 
 
 
 
FNMA POOL AM4125 FN
 
MORTGAGE - 3.74%, 2023
 
 **
 
550,655

 
 
 
 
FNMA POOL AM4493 FN
 
MORTGAGE - 3.92%, 2023
 
 **
 
527,791

 
 
 
 
FNMA POOL AM7013 FN
 
MORTGAGE - 3.39%, 2029
 
 **
 
335,826

 
 
 
 
FNMA POOL AM8774 FN
 
MORTGAGE - 2.67%, 2025
 
 **
 
547,184

 
 
 
 
FNMA POOL AM9793 FN
 
MORTGAGE - 3.12%, 2027
 
 **
 
414,073

 
 
 
 
FNMA POOL AN2812 FN
 
MORTGAGE - 2.56%, 2028
 
 **
 
389,566

 
 
 
 
FNMA POOL AN2913 FN
 
MORTGAGE - 2.61%, 2028
 
 **
 
390,854

 
 
 
 
FNMA POOL FN0001 FN
 
MORTGAGE - 1.00%, 2020
 
 **
 
567,795

 
 
 
 
FNMA POOL MA2740 FN
 
MORTGAGE - 2.50%, 2026
 
 **
 
897,163

 
 
 
 
FNMA POOL MA2830 FN
 
MORTGAGE - 2.50%, 2031
 
 **
 
149,492

 
 
 
 
FNMA TBA 15 YR 2.5 SINGLE FAMILY MORTGAGE
 
MORTGAGE - 2.50%, 2032
 
 **
 
851,345

 
 
 
 
FNMA TBA 15 YR 3 SINGLE FAMILY MORTGAGE
 
MORTGAGE - 3.00%, 2032
 
 **
 
861,984

 
 
 
 
FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE
 
MORTGAGE - 3.00%, 2047
 
 **
 
1,803,046

 
 
 
 
FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE
 
MORTGAGE - 3.50%, 2047
 
 **
 
1,050,545

 
 
 
 
FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE
 
MORTGAGE - 4.00%, 2046
 
 **
 
1,818,764

 
 
 
 
FORD MOTOR CREDIT CO LLC SR UNSECURED
 
CORPORATE BONDS - 2.15%, 2018
 
 **
 
200,290

 
 
 
 
FORD MOTOR CREDIT CO LLC SR UNSECURED
 
CORPORATE BONDS - 6.63%, 2017
 
 **
 
515,216

 
 
 
 
GENERAL MOTORS CO SR UNSECURED
 
CORPORATE BONDS - 3.50%, 2018
 
 **
 
356,965

 
 
 
 
GILEAD SCIENCES INC SR UNSECURED
 
CORPORATE BONDS - 4.50%, 2045
 
 **
 
349,706

 
 
 
 
GNMA II POOL MA3521 G2
 
MORTGAGE - 3.50%, 2046
 
 **
 
830,951

 
 
 
 
GNMA II POOL MA3597 G2
 
MORTGAGE - 3.50%, 2046
 
 **
 
895,969

 
 
 
 
GNMA II POOL MA3736 G2
 
MORTGAGE - 3.50%, 2046
 
 **
 
847,067

 
 
 
 
GNMA II POOL MA3937 G2
 
MORTGAGE - 3.50%, 2046
 
 **
 
214,339

 
 
 
 
GNMA II POOL MA4069 G2
 
MORTGAGE - 3.50%, 2046
 
 **
 
798,954

 
 
 
 
GNMA II POOL MA4126 G2
 
MORTGAGE - 3.00%, 2046
 
 **
 
1,348,578

 
 
 
 
GNMA II TBA 30 YR 3 JUMBOS
 
MORTGAGE - 3.00%, 2047
 
 **
 
1,199,836



23







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
GNMA II TBA 30 YR 3.5 JUMBOS
 
MORTGAGE - 3.50%, 2047
 
 **
 
1,309,785

 
 
 
 
GOLDMAN SACHS GROUP INC SR UNSECURED
 
CORPORATE BONDS - 5.95%, 2018
 
 **
 
833,394

 
 
 
 
GOLDMAN SACHS GROUP INC SR UNSECURED
 
CORPORATE BONDS - 6.15%, 2018
 
 **
 
262,979

 
 
 
 
GOLDMAN SACHS GROUP INC SR UNSECURED
 
CORPORATE BONDS - 5.25%, 2021
 
 **
 
301,397

 
 
 
 
GREENPOINT MORTGAGE FUNDING TR GPMF 2005 HY1 1A1A
 
MORTGAGE - 1.00%, 2035
 
 **
 
636,225

 
 
 
 
HARBORVIEW MORTGAGE LOAN TRUST HVMLT 2005 9 2A1A
 
MORTGAGE - 1.00%, 2036
 
 **
 
896,894

 
 
 
 
HBOS PLC SUBORDINATED 144A
 
CORPORATE BONDS - 6.75%, 2018
 
 **
 
659,061

 
 
 
 
HCP INC SR UNSECURED
 
CORPORATE BONDS - 4.20%, 2024
 
 **
 
788,775

 
 
 
 
HEALTHCARE REALTY TRUST SR UNSECURED
 
CORPORATE BONDS - 3.86%, 2025
 
 **
 
221,859

 
 
 
 
HIGHER EDUCATION FUNDING 05/34 FRN
 
OTHER ASSET BACKED - 1.00%, 2034
 
 **
 
969,862

 
 
 
 
INTERNATIONAL TRANSMISSI 1ST MORTGAGE 144A
 
CORPORATE BONDS - 4.63%, 2043
 
 **
 
638,461

 
 
 
 
INTL LEASE FINANCE CORP SR SECURED
 
CORPORATE BONDS - 7.13%, 2018
 
 **
 
323,250

 
 
 
 
JP MORGAN MORTGAGE ACQUISITION JPMAC 2005 FLD1 M3
 
OTHER ASSET BACKED - 1.00%, 2035
 
 **
 
584,402

 
 
 
 
JPMORGAN CHASE + CO SR UNSECURED
 
CORPORATE BONDS - 1.80%, 2018
 
 **
 
400,442

 
 
 
 
JPMORGAN CHASE + CO SR UNSECURED
 
CORPORATE BONDS - 4.25%, 2020
 
 **
 
423,294

 
 
 
 
KRAFT HEINZ FOODS CO COMPANY GUAR
 
CORPORATE BONDS - 4.38%, 2046
 
 **
 
399,916

 
 
 
 
LIBERTY STREET TRUST LBTY 2016 225L A 144A
 
MORTGAGE - 3.56%, 2036
 
 **
 
220,378

 
 
 
 
MAGNETITE CLO LTD MAGNE 2014 9A A1 144A
 
OTHER ASSET BACKED - 1.00%, 2026
 
 **
 
360,100

 
 
 
 
MAGNETITE CLO LTD MAGNE 2015 12A AR 144A
 
OTHER ASSET BACKED- 1.00%, 2027
 
 **
 
499,999

 
 
 
 
METROPOLITAN WEST FLOATING RAT METROPOLITAN WEST FLOAT I
 
MUTUAL FUNDS
 
 **
 
2,560,279

 
 
 
 
METROPOLITAN WEST HIGH YIELD B METROPOLITAN WEST H/Y BOND I
 
MUTUAL FUNDS
 
 **
 
2,818,805

 
 
 
 
MICROSOFT CORP SR UNSECURED
 
CORPORATE BONDS - 3.75%, 2045
 
 **
 
328,213

 
 
 
 
MLCC MORTGAGE INVESTORS INC MLCC
 
MORTGAGE - 1.00%, 2029
 
 **
 
782,407

 
 
 
 
MORGAN STANLEY SR UNSECURED
 
CORPORATE BONDS - 5.50%, 2020
 
 **
 
219,042

 
 
 
 
MORGAN STANLEY SR UNSECURED
 
CORPORATE BONDS - 5.95%, 2017
 
 **
 
1,144,913

 
 
 
 
MORTGAGEIT TRUST MHL 2005 2 1A1
 
MORTGAGE - 1.00%, 2035
 
 **
 
658,042

 
 
 
 
NATIONSTAR HOME EQUITY LOAN TR NSTR 2006 B AV4
 
OTHER ASSET BACKED - 1.00%, 2036
 
 **
 
1,076,470

 
 
 
 
NATIONWIDE MUTUAL INSURA SUBORDINATED 144A
 
CORPORATE BONDS- 1.00%, 2024
 
 **
 
393,696



24







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
NAVIENT STUDENT LOAN TRUST NAVSL 2015 2 A3
 
OTHER ASSET BACKED - 1.00%, 2040
 
 **
 
1,159,335

 
 
 
 
NELNET STUDENT LOAN TRUST NSLT 2015 2A A2 144A
 
OTHER ASSET BACKED - 1.00%, 2047
 
 **
 
892,542

 
 
 
 
NELNET STUDENT LOAN TRUST NSLT 2015 3A A2 144A
 
OTHER ASSET BACKED - 1.00%, 2051
 
 **
 
1,160,184

 
 
 
 
NEW YORK CITY NY MUNI WTR FIN NYCUTL
 
MUNICIPALS - 5.95%, 2042
 
 **
 
870,210

 
 
 
 
NEW YORK CITY NY TRANSITIONAL NYCGEN
 
MUNICIPALS - 5.57%, 2038
 
 **
 
515,066

 
 
 
 
NEW YORK ST DORM AUTH ST PERSO NYSHGR
 
MUNICIPALS - 5.29%, 2033
 
 **
 
582,795

 
 
 
 
NOBLE ENERGY INC SR UNSECURED
 
CORPORATE BONDS - 5.25%, 2043
 
 **
 
76,396

 
 
 
 
NYU HOSPITALS CENTER SECURED
 
CORPORATE BONDS - 4.78%, 2044
 
 **
 
521,335

 
 
 
 
PENNSYLVANIA HIGHER EDUCATION PHEAA 2015 1A A 144A
 
OTHER ASSET BACKED - 1.00%, 2041
 
 **
 
889,746

 
 
 
 
POTOMAC ELECTRIC POWER 1ST MORTGAGE
 
CORPORATE BONDS - 3.60%, 2024
 
 **
 
516,971

 
 
 
 
PROTECTIVE LIFE GLOBAL SR SECURED 144A
 
CORPORATE BONDS - 1.72%, 2019
 
 **
 
540,639

 
 
 
 
RAYMOND JAMES FINANCIAL SR UNSECURED
 
CORPORATE BONDS - 4.95%, 2046
 
 **
 
218,959

 
 
 
 
RBSCF TRUST RBSCF 2013 GSP A 144A
 
MORTGAGE - 1.00%, 2032
 
 **
 
220,097

 
 
 
 
RESIDENTIAL ASSET SECURITIES C RASC 2005 KS12 A3
 
OTHER ASSET BACKED - 1.00%, 2036
 
 **
 
228,292

 
 
 
 
SEQUOIA MORTGAGE TRUST SEMT 2003 8 A1
 
MORTGAGE - 1.00%, 2034
 
 **
 
794,863

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2004 10 A6A 144A
 
OTHER ASSET BACKED - 1.00%, 2026
 
 **
 
1,194,564

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2005 7 A4
 
OTHER ASSET BACKED-1.00%, 2029
 
 **
 
1,207,368

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2007 1 A5
 
OTHER ASSET BACKED-1.00%, 2026
 
 **
 
1,013,588

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2008 2 B
 
OTHER ASSET BACKED-1.00%, 2083
 
 **
 
174,307

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2008 4 B
 
OTHER ASSET BACKED-1.00%, 2029
 
 **
 
228,965

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2008 5 B
 
OTHER ASSET BACKED-1.00%, 2030
 
 **
 
382,910

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2008 8 B
 
OTHER ASSET BACKED-1.00%, 2029
 
 **
 
221,968

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2008 9 B
 
OTHER ASSET BACKED-1.00%, 2083
 
 **
 
380,711

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2012 5 A2
 
OTHER ASSET BACKED-1.00%, 2019
 
 **
 
374,524

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2013 4 A
 
OTHER ASSET BACKED-1.00%, 2027
 
 **
 
722,535

 
 
 
 
SOUTHWESTERN ELEC POWER SR UNSECURED
 
CORPORATE BONDS - 3.90%, 2045
 
 **
 
652,012

 
 
 
 
SPECTRA ENERGY PARTNERS SR UNSECURED
 
CORPORATE BONDS - 4.50%, 2045
 
 **
 
190,170

 
 
 
 
STRUCTURED ASSET MORTGAGE INVE SAMI 2004 AR2 2A
 
MORTGAGE - 1.00%, 2034
 
 **
 
842,010

 
 
 
 
TC PIPELINES LP SR UNSECURED
 
CORPORATE BONDS - 4.38%, 2025
 
 **
 
554,445

 
 
 
 
TCW EMERGING MARKETS INCOME FO TCW EMERGING MARKETS INCOME FO
 
LMTD PARTNRSHIP UNTS
 
 **
 
1,389,331



25







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
TREASURY BILL
 
GOVERNMENT ISSUES-0.10%, 2017
 
 **
 
114,848

 
 
 
 
TSY INFL IX N/B
 
GOVERNMENT ISSUES-1.38%, 2044
 
 **
 
854,557

 
 
 
 
TSY INFL IX N/B
 
GOVERNMENT ISSUES-0.75%, 2045
 
 **
 
1,313,578

 
 
 
 
TSY INFL IX N/B
 
GOVERNMENT ISSUES- 0.38%, 2025
 
 **
 
2,838,509

 
 
 
 
UBS AG STAMFORD CT SR UNSECURED
 
CORPORATE BONDS - 1.80%, 2018
 
 **
 
460,318

 
 
 
 
UBS AG STAMFORD CT SR UNSECURED
 
CORPORATE BONDS - 1.38%, 2017
 
 **
 
349,918

 
 
 
 
UNITED TECHNOLOGIES CORP JR SUBORDINA
 
CORPORATE BONDS - 1.00%, 2018
 
 **
 
600,131

 
 
 
 
UNITEDHEALTH GROUP INC SR UNSECURED
 
CORPORATE BONDS - 4.63%, 2035
 
 **
 
386,964

 
 
 
 
UNIV OF CALIFORNIA CA REVENUES UNVHGR
 
MUNICIPALS - 3.93%, 2045
 
 **
 
544,638

 
 
 
 
US 2YR NOTE (CBT) MAR17 XCBT 20170331
 
FUTURE - 0.00%, 2017
 
 **
 
6,717,313

 
 
 
 
US 5YR NOTE (CBT) MAR17 XCBT 20170331
 
FUTURE - 0.00%, 2017
 
 **
 
11,295,750

 
 
 
 
US DOLLAR
 
CASH
 
 **
 
4,104,720

 
 
 
 
US TREASURY N/B
 
GOVERNMENT ISSUES-1.50%, 2019
 
 **
 
1,779,611

 
 
 
 
US TREASURY N/B
 
GOVERNMENT ISSUES-1.50%, 2022
 
 **
 
1,124,035

 
 
 
 
US TREASURY N/B
 
GOVERNMENT ISSUES-1.88%, 2022
 
 **
 
1,780,556

 
 
 
 
US TREASURY N/B
 
GOVERNMENT ISSUES-0.75%, 2017
 
 **
 
7,528,234

 
 
 
 
US TREASURY N/B
 
GOVERNMENT ISSUES- 0.75%, 2018
 
 **
 
2,814,622

 
 
 
 
US TREASURY N/B
 
GOVERNMENT ISSUES-1.25%, 2021
 
 **
 
6,918,724

 
 
 
 
US TREASURY N/B
 
GOVERNMENT ISSUES-1.00%, 2018
 
 **
 
1,609,827

 
 
 
 
US TREASURY N/B
 
GOVERNMENT ISSUES-1.75%, 2021
 
 **
 
6,883,258

 
 
 
 
US TREASURY N/B
 
GOVERNMENT ISSUES-2.00%, 2026
 
 **
 
9,053,813

 
 
 
 
US TREASURY N/B
 
GOVERNMENT ISSUES-2.88%, 2046
 
 **
 
5,300,425

 
 
 
 
US TREASURY N/B
 
GOVERNMENT ISSUES-1.00%, 2017
 
 **
 
2,371,851

 
 
 
 
US TREASURY N/B
 
GOVERNMENT ISSUES-1.25%, 2018
 
 **
 
2,462,499

 
 
 
 
US TREASURY N/B
 
GOVERNMENT ISSUES-2.00%, 2021
 
 **
 
4,852,754

 
 
 
 
VERIZON COMMUNICATIONS SR UNSECURED
 
CORPORATE BONDS - 4.86%, 2046
 
 **
 
486,381

 
 
 
 
VERIZON COMMUNICATIONS SR UNSECURED
 
CORPORATE BONDS - 4.52%, 2048
 
 **
 
239,728

 
 
 
 
VNO MORTGAGE TRUST VNDO 2012 6AVE A 144A
 
MORTGAGE - 3.00%, 2030
 
 **
 
242,213

 
 
 
 
WAL MART STORES INC SR UNSECURED
 
CORPORATE BONDS - 4.75%, 2043
 
 **
 
308,369

 
 
 
 
WALGREENS BOOTS ALLIANCE SR UNSECURED
 
CORPORATE BONDS - 3.45%, 2026
 
 **
 
147,240

 
 
 
 
WALGREENS BOOTS ALLIANCE SR UNSECURED
 
CORPORATE BONDS - 4.80%, 2044
 
 **
 
179,867

 
 
 
 
WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR1 A1A
 
MORTGAGE - 1.00%, 2045
 
 **
 
729,103

 
 
 
 
WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR13 A1A2
 
MORTGAGE - 1.00%, 2045
 
 **
 
889,326

 
 
 
 
WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR2 2A1A
 
MORTGAGE - 1.00%, 2045
 
 **
 
831,432



26







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
WEA FINANCE LLC/WESTFIEL COMPANY GUAR 144A
 
CORPORATE BONDS - 2.70%, 2019
 
 **
 
657,441

 
 
 
 
WELLS FARGO + COMPANY SR UNSECURED
 
CORPORATE BONDS - 2.50%, 2021
 
 **
 
883,405

 
 
 
 
WELLS FARGO + COMPANY SR UNSECURED
 
CORPORATE BONDS - 3.00%, 2026
 
 **
 
262,414

 
 
 
 
WELLS FARGO BANK NA SR UNSECURED
 
CORPORATE BONDS - 2.15%, 2019
 
 **
 
439,727

 
 
 
 
WELLS FARGO COMMERCIAL MORTGAG WFCM 2012 LC5 A3
 
MORTGAGE - 2.92%, 2045
 
 **
 
447,765

 
 
 
 
WELLS FARGO HOME EQUITY TRUST WFHET 2006 1 A4
 
OTHER ASSET BACKED - 1.00%, 2036
 
 **
 
371,891

 
 
 
 
WELLTOWER INC SR UNSECURED
 
CORPORATE BONDS - 3.75%, 2023
 
 **
 
810,984

 
 
 
 
Total Metwest Total Return Fund
 
 
 
 
 
218,671,445

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Investments
 
 
 
3,508,040,428

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
*Notes receivable from participants
 
Loans receivable with repayment interest of 4.25% to 10%
 

 
$
60,108,033

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
3,568,148,461

* Parties-in-interest
 
 
 
 
** Information is not required pursuant to Form 5500 instructions
 
 
 
 


27






FirstEnergy Corp. Savings Plan
Schedule H, line 4j - Schedule of Reportable Transactions
For the Year Ended December 31, 2016
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
N/A
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Series
 
 
 
 
 
 
 
 
 
 
 
 
*
 
STATE STREET STIF
 
$
581,739,656

 
N/A
 
N/A
 
$

 
$
581,739,656

 
$
581,739,656

 
N/A
 
 
735 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
*
 
STATE STREET STIF
 
N/A
 
$
569,139,733

 
N/A
 
$

 
$
569,139,733

 
$
569,139,733

 
$

 
 
919 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
JP Morgan Term Repo
 
$
103,600,000

 
N/A
 
N/A
 
$

 
$
103,600,000

 
$
103,600,000

 
N/A
 
 
1 Transaction
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
JP Morgan Term Repo
 
N/A
 
$103,600,000
 
N/A
 
$

 
$
103,600,000

 
$
103,600,000

 
$

 
 
1 Transaction
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FNMA TBA 30 YR 3
 
$
84,511,656

 
N/A
 
N/A
 
$

 
$
84,511,656

 
$
84,511,656

 
N/A
 
 
14 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FNMA TBA 30 YR 3
 
N/A
 
$111,906,884
 
N/A
 
$

 
$
112,532,249

 
$
111,906,884

 
$
(625,365
)
 
 
18 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


28






FirstEnergy Corp. Savings Plan
Schedule H, line 4j - Schedule of Reportable Transactions
For the Year Ended December 31, 2016
#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)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FNMA TBA 30 YR 3
 
$
117,188,337

 
N/A
 
N/A
 
$

 
$
117,188,337

 
$
117,188,337

 
N/A
 
 
21 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FNMA TBA 30 YR 3
 
N/A
 
$
117,341,806

 
N/A
 
$

 
$
117,188,337

 
$
117,341,806

 
$
153,469

 
 
21 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
US TREASURY N/B
 
$
179,061,162

 
N/A
 
N/A
 
$

 
$
179,061,162

 
$
179,061,162

 
N/A
 
 
8 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
US TREASURY N/B
 
N/A
 
$
160,996,094

 
N/A
 
$

 
$
161,077,285

 
$
160,996,094

 
$
(81,191
)
 
 
9 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
US TREASURY N/B
 
$
123,379,501

 
N/A
 
N/A
 
$

 
$
123,379,501

 
$
123,379,501

 
N/A
 
 
19 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
US TREASURY N/B
 
N/A
 
$
115,902,034

 
N/A
 
$

 
$
116,276,715

 
$
115,902,034

 
$
(374,681
)
 
 
16 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
* Parties-in-interest
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 



29


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 27, 2017
 
 
 
 
 
By
/s/ Ana M. Fluke
 
Ana M. Fluke
 
Chairperson
 
Savings Plan Committee