0001031296-19-000026.txt : 20190628 0001031296-19-000026.hdr.sgml : 20190628 20190628131943 ACCESSION NUMBER: 0001031296-19-000026 CONFORMED SUBMISSION TYPE: 11-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20181231 FILED AS OF DATE: 20190628 DATE AS OF CHANGE: 20190628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRSTENERGY CORP CENTRAL INDEX KEY: 0001031296 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 341843785 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 11-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-21011 FILM NUMBER: 19928583 BUSINESS ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308-1890 BUSINESS PHONE: 330-761-7837 MAIL ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308-1890 11-K 1 fe2018savingsplan-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, 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
____________________________________________________________________________________________________________________________________________________

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. 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.

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


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.

3.
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.

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, 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 Accounts1
 

 
125,610,432

 
125,610,432

 
 
 
 
 
 
 
Total Investments at Fair Value2
 
$
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 Accounts1
 

 
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.

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 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.

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, 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.

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, 2018 and 2017, and for the year ended December 31, 2018:

 
2018
 
2017
 
 
 
 
Net assets available for benefits per the financial statements
$
3,727,569,011

 
$
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)
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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)
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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)
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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)
 
(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 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)
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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)
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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)
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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)
 
 
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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)
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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)
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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)
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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)
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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)
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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)
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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)
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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)
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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)
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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)
 
(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 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)
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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

EX-23.1 2 exhibit231-fe11xk2018.htm EXHIBIT 23.1 Exhibit


Exhibit 23.1



CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


We hereby consent to the incorporation by reference in the Registration Statements on Form S-8 (No. 333-202184, 333-110662, 333-48651 and 333-226788) of FirstEnergy Corp. of our report dated June 28, 2019, relating to the financial statements and schedules of the FirstEnergy Corp. Savings Plan, which appears in this Form 11-K.




/s/ BOBER, MARKEY, FEDOROVICH & COMPANY
Akron, Ohio

June 28, 2019