DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

Firstenergy Corp. Master Pension Plan

Corporate pensionAkron, OH
Assets
$6.5B
Total assets, Dec 31, 2024 reported
Funded
84.4%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
19
none on the tape
Plan sponsor: Firstenergy Corp.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.1%
  • Non-interest-bearing cash 1.3%
  • Corporate debt instruments (other) 7.0%
  • Corporate debt instruments (preferred) 6.7%
  • U.S. Government securities 5.8%
  • Insurance company general account 2.1%
  • Partnership/joint venture interests 29.5%
  • Common/collective trusts 18.0%
  • Registered investment companies 8.3%
  • Common stock 17.4%
  • Real estate (other than employer real property) 2.6%
Consultants and advisers
6 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
3 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
19 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Blackrock Msci Acwi Imi Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$1.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024EB Temporary Investmentcollective trustBNY MellonPooled vehicles$1.2B heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Rreef Fd West VIcollective trustRreef West-Vi, Inc.Pooled vehicles$3,314 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Collective Acwi Imi Ldcollective trustNorthern Trust Collective Eafe IndePooled vehicles$3.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Property Income Fundcollective trustUBS TrumbullReal estate$8.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Msci Acwi Ex-Us Imi Russia Index Fdcollective trustBlackrock Instititional Trust Company, N.A.Pooled vehicles$17 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$1,153 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Blackrock Msci Acwi Imi Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$1.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023EB Temporary Investmentcollective trustBNY MellonPooled vehicles$719M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Genesis Emerging Markets Fundcollective trustGenesis Asset Managers,llpPublic equity$3,314 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Collective Acwi Imi Ldcollective trustNorthern Trust Collective Eafe IndePooled vehicles$2.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Property Income Fundcollective trustUBS TrumbullReal estate$9.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Msci Acwi Ex-Us Imi Russia Index Fdcollective trustBlackrock Instititional Trust Company, N.A.Pooled vehicles$5 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Blackrock Msci Acwi Imi Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$23.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022EB Temporary Investmentcollective trustBNY MellonPooled vehicles$676M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Genesis Emerging Markets Fundcollective trustGenesis Asset Managers,llpPublic equity$5,048 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Collective Acwi Imi Ldcollective trustNorthern Trust Collective Eafe IndePooled vehicles$130M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Property Income Fundcollective trustUBS TrumbullReal estate$11.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Msci Acwi Ex-Us Imi Russia Index Fdcollective trustBlackrock Instititional Trust Company, N.A.Pooled vehicles$4 heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$6.5B Dec 31, 2024 reported Form 5500
$7.1B (2023-12) · $7.6B (2022-12)
Plan assets
$6.9B Jan 1, 2024 reported Form 5500
$7.4B (2023-01) · $9.1B (2022-01)
Net assets
$6.3B Dec 31, 2024 reported Form 5500
$6.9B (2023-12) · $7.4B (2022-12)
Funded ratio
84.4% Jan 1, 2024 reported Form 5500
85.3% (2023-01) · 100.3% (2022-01)
Funding target
$7.6B Jan 1, 2024 reported Form 5500
$8.2B (2023-01) · $8.0B (2022-01)
Discount rate
5.14% Jan 1, 2024 reported Form 5500
5.26% (2023-01) · 5.42% (2022-01)
Participants
39,004 Jan 1, 2024 reported Form 5500
40,785 (2023-01) · 40,949 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $750M (2022-12)
Benefits paid
$520M Dec 31, 2024 reported Form 5500
$1.3B (2023-12) · $571M (2022-12)
Net investment income
$-537M Dec 31, 2024 reported Form 5500
$-561M (2023-12) · $-1.7B (2022-12)
Investment management fees
$14.2M Dec 31, 2024 reported Form 5500
$14.6M (2023-12) · $17.2M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202439,004$6.9B$7.6B84.4%$6.5B$1.9Bn/a$171M
2023 to Dec 31, 202340,785$7.4B$8.2B85.3%$7.1B$2.2Bn/a$207M
2022 to Dec 31, 202240,949$9.1B$8.0B100.3%$7.6B$2.3Bn/a$268M
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
11 events
  • Dec 31, 2024Holding endedinference
    Firstenergy Corp. Master Pension Plan no longer reports Genesis Emerging Markets Fund (Genesis Asset Managers,llp) (last held $3,314 at 2023-12-31; absent from the 2024-12-31 filing)
    with Genesis Asset Managers,llpaskebsa.dol.gov
  • Dec 31, 2024Holding started
    Firstenergy Corp. Master Pension Plan first reports an interest in Rreef Fd West VI: $3,314 at 2024-12-31
    with Rreef Fd West VIaskebsa.dol.gov
  • Dec 31, 2024Holding started
    Firstenergy Corp. Master Pension Plan first reports an interest in NT Collective Short Term Investment (Northern Trust Collective Eafe Inde): $1,153 at 2024-12-31
    with Northern Trust Collective Eafe Indeaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Bain Capital no longer appears on Firstenergy Corp. Master Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Bain Capitalaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    The Northern Trust Company no longer appears on Firstenergy Corp. Master Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Northern Trust Co.askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Aviva Investors Americas no longer appears on Firstenergy Corp. Master Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Aviva Investors Americas LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Franklin Templeton appears on Firstenergy Corp. Master Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Franklin Templetonaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Hardman Johnston Global no longer appears on Firstenergy Corp. Master Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Hardman Johnston Global Advisorsaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Investment Solutions no longer appears on Firstenergy Corp. Master Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Investment Solutionsaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Firstenergy Corp. Master Pension Plan funded ratio 100.3% -> 85.3% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Firstenergy Corp. Master Pension Plan plan assets $9.1B -> $7.4B (-18.4%, 2022-01-01 to 2023-01-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 341843785-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.