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, 2015
 
 
 
 
 
 
 
 
 
 
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, 2015 and 2014
3
 
 
Statement of Changes in Net Assets Available for Benefits
 
for the Year Ended December 31, 2015
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, 2015
12-26
Schedule H, line 4j - Schedule of Reportable Transactions
 
for the year ended December 31, 2015
27-28








Other schedules of additional financial information have been omitted as they are not applicable or are not required based on the disclosure requirements of the Employee Retirement Income Security Act of 1974 and applicable regulations issued by the United States Department of Labor.




Report of Independent Registered Public Accounting Firm




To the Participants and Savings Plan Committee of the
FirstEnergy Corp. Savings Plan
Akron, Ohio

We have audited the accompanying statements of net assets available for benefits of the FirstEnergy Corp. Savings Plan (the “Plan”) as of December 31, 2015 and 2014, and the related statement of changes in net assets available for benefits for the year ended December 31, 2015. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.

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

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2015 and 2014, and the changes in net assets available for benefits for the year ended December 31, 2015, in conformity with accounting principles generally accepted in the United States of America.

As discussed in Note 3 to the financial statements, the Plan has elected to apply the early adoption provisions of Financial Accounting Standards Board Accounting Standards Update 2015-12, Plan Accounting: (Part I) Fully Benefit-Responsive Investment Contracts and (Part II) Plan Investment Disclosures - consensuses of the Emerging Issues Task Force. Our opinion is not modified with respect to that matter.

The supplemental information in the accompanying Schedule of Assets (Held at End of Year) as of December 31, 2015 and Schedule of Reportable Transactions for the year ended December 31, 2015 have been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental


1


information is presented for the purpose of additional analysis and is not a required part of the financial statements but includes information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental information is the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information in the accompanying schedules, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information in the accompanying schedules is fairly stated in all material respects in relation to the financial statements taken as a whole.





BOBER, MARKEY, FEDOROVICH & COMPANY
Akron, Ohio

June 28, 2016








2


FirstEnergy Corp. Savings Plan

Statements of Net Assets Available for Benefits
___________________________________________________________________________________________________________________________________________

 
 
As of December 31,
 
 
2015
 
2014
 Assets
 
 
 
 
 Investments:
 
 
 
 
 Investments, at fair value (see Note 5)
 
$
2,823,163,330

 
$
2,962,033,111

 Investments, at contract value (see Note 6)
 
543,354,776

 
580,080,388

        Total investments
 
3,366,518,106

 
3,542,113,499

 
 
 
 
 
 Receivables:
 
 
 
 
    Accrued interest and dividends
 
2,466,671

 
1,305,221

    Employer contributions
 
1,102,117

 

    Employee contributions
 
3,201,149

 

    Notes receivable from participants
 
59,649,938

 
58,689,284

    Due from brokers
 
11,266,174

 
150,206

        Total receivables
 
77,686,049

 
60,144,711

    Total assets
 
3,444,204,155

 
3,602,258,210

 
 
 
 
 
 
 

 
 
 Liabilities
 
 
 
 
 Administrative expenses payable
 
2,600,764

 
1,213,080

 Due to brokers
 
32,864,072

 
320,911

    Total liabilities
 
35,464,836

 
1,533,991

 
 
 
 
 
 Net assets available for benefits
 
$
3,408,739,319

 
$
3,600,724,219























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,
 
 
2015
 
 
 
Additions:
 
 
Contributions
 
 
   Employer
 
$
43,624,211

   Participant
 
139,315,455

        Total contributions
 
182,939,666

 
 
 
Investment Income (Loss):
 
 
   Interest and dividends
 
54,726,254

   Net depreciation in fair value of investments
 
(121,397,423
)
        Total investment loss
 
(66,671,169
)
 
 
 
Interest income on notes receivable from participants
 
2,498,479

 
 
 
Deductions:
 
 
Distributions to participants
 
(305,608,680
)
Administrative expenses
 
(5,143,196
)
   Total deductions
 
(310,751,876
)
 
 
 
Decrease in net assets available for benefits
 
(191,984,900
)
 
 
 
Net assets available for benefits, beginning of year
 
3,600,724,219

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




















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


4






FirstEnergy Corp. Savings Plan

Notes to Financial Statements
____________________________________________________________________________________________________________________________________________________

1.
Description of the Plan

The following brief description of the FirstEnergy Corp. Savings Plan (Plan) is provided for general information purposes only. Participants should refer to the Plan documents for more complete information.

General
The Plan is a defined contribution plan and was established to provide a systematic savings program for eligible employees and to supplement such savings with employer contributions. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (ERISA) and the Internal Revenue Code of 1986, as amended (IRC).

Administration
FirstEnergy Corp. (FirstEnergy) is the sponsor of the Plan. The FirstEnergy Savings Plan Committee is the administrator of the Plan and has responsibility for the day-to-day administration of the Plan. Plan assets are held in trust under an arrangement with State Street Bank & Trust Company (State Street). Record keeping with respect to individual participant accounts is maintained by Fidelity.

Participation
Generally, all full-time and part-time employees of FirstEnergy and its subsidiaries not represented by a collective bargaining union are eligible to participate in the Plan. Full-time and part-time employees represented by a labor union may participate to the extent permitted by their respective collective bargaining agreement.

New employees who do not make an affirmative election to make (or not make) pre-tax contributions to the Plan are deemed to have made an election to contribute 3% of eligible earnings for each payroll period increasing by 1% each April until the contribution rate reaches the amount that will be subject to matching contributions. Certain union participants are automatically enrolled at 2%, Utility Workers Union of America (UWUA) Local 180 is without escalation and International Brotherhood of Electrical Workers (IBEW) Local 777 has an increase of 1% per year up to 4%. A new employee who has not made an affirmative election as to the investment of his or her account shall have his or her account invested in the age appropriate LifePath Portfolio Fund made available to Plan participants. A LifePath Portfolio Fund is an investment alternative that provides a mixture of fixed income and equity investments that are matched to an individual’s age and assumed retirement date.

Contributions
Subject to IRC limitations, the Plan allows each participant to contribute 1% to 75% (22% for participants represented by UWUA Local 180) of their eligible earnings to the Plan through payroll deductions. Participant contributions may be made as before-tax, after-tax or Roth 401(k) contributions (UWUA Local 180 and IBEW Local 777 are not eligible to elect Roth 401(k) contributions). During any calendar year in which a participant attains age 50 or older, he or she may elect to make additional pre-tax contributions and/or Roth contributions, called “catch-up” contributions, to the Plan. In order to be eligible to make catch-up contributions, the participant must anticipate that his or her pre-tax contributions and/or Roth contributions to the Plan will reach the applicable annual IRC limit on that type of contribution.

FirstEnergy makes a matching contribution of 50% on the first 6% of eligible compensation contributed by an employee, except for IBEW Local 777 and UWUA Local 180 participants who receive a matching contribution of 80% and 60%, respectively, on the first 4% of eligible contributions. All employer matching contributions are invested in FirstEnergy common stock, except for certain IBEW Local 777 and UWUA Local 180 participants whose matching contributions are invested in cash. Catch-up contributions are not eligible for matching contributions. The number of shares of FirstEnergy common stock contributed to each participant is based on the market price of FirstEnergy common stock as of the end of each pay period. FirstEnergy matching contributions are non-cash contributions made by issuing shares of common stock. Plan participants may diversify matching contributions held in FirstEnergy common stock at any time, subject to certain limitations.

Participant Accounts
Individual accounts are maintained for each Plan participant. Each participant’s account is credited with the participant’s contributions, employer matching contributions and allocated Plan earnings. Participants are vested in the entire value of their account at all times.




5






FirstEnergy Corp. Savings Plan

Notes to Financial Statements
____________________________________________________________________________________________________________________________________________________

Investments
Participants direct the investment of their contributions and account balances into various investment options including ten LifePath Funds that include a diversified mix of asset classes based on expected retirement dates, sixteen Plan investment options with different objectives covering a range of asset classes and risk levels and a self-managed brokerage account that offers participants the ability to invest in any security listed on the New York Stock Exchange (NYSE), the NYSE MKT LLC (formerly known as the American Stock Exchange or NYSE Amex LLC) or the NASDAQ and a wide range of mutual funds.

The Plan’s investment options include a fund of shares of FirstEnergy common stock, which together with a small portion of cash maintained for liquidity purposes, are recorded on a unit basis. FirstEnergy’s common shares are traded on the NYSE and participation units in the FirstEnergy Common Stock Fund are valued at the NYSE closing price on the last business day of the plan year. The valuation per share of FirstEnergy’s common stock was $31.73 and $38.99 at December 31, 2015 and 2014, respectively. The valuation per unit of the FirstEnergy Common Stock Fund was $38.71 and $47.66 at December 31, 2015 and 2014, respectively.

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, 2015 was 4.25% to 10%. Participants may have up to two loans outstanding at one time. The minimum loan amount is $1,000 and must be repaid within 6 to 60 months. If the loan is for the purchase of a principal residence, the loan repayment period can be extended up to 30 years. Principal repayments and interest are credited to the participant’s account when made, generally through payroll deduction.

Payment of Benefits
Upon termination of service due to disability, retirement or any other reason, a participant may elect to receive the full value or a portion of his or her account, defer payment to a later date (not beyond age 70-1/2) or receive installment payments. In the event of a participant’s death, the participant’s spouse may elect to withdraw all or a portion of the former participant’s account or keep the funds in the Plan in accordance with provisions of the Plan, all other beneficiaries must withdraw or rollover the former participant's account within 180 days.

Subsequent Events
Management evaluates events and transactions occurring subsequent to the date of the financial statements that affect recognition or disclosure to the financial statements.

2.
Summary of Significant Accounting Policies

The accompanying financial statements have been prepared on the accrual basis of accounting. Benefits are recorded when paid. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect reported amounts and disclosures. Actual results may differ from these estimates.

The Plan’s investments are stated at fair value. Fair value reflects the price that would be received for an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between willing market participants on the measurement date. See Note 5 for a discussion of fair value measurements. Contract value is the relevant measurement attribute for that portion of the net assets available for benefits of the Plan attributable to fully benefit-responsive investment contracts because contract value is the amount participants would receive if they were to initiate permitted transactions under the terms of the Plan.

Notes receivable from participants represent participant loans and are measured at their unpaid principal balance plus any accrued interest. Delinquent participant loans are reclassified as distributions based upon the terms of the Plan document. Repayments of principal and interest are recognized in the period in which payroll deductions are processed.

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


6






FirstEnergy Corp. Savings Plan

Notes to Financial Statements
____________________________________________________________________________________________________________________________________________________

Dividend income is accrued on the ex-dividend date. Purchases and sales of securities are recorded on a trade-date basis. Realized gains and losses from security transactions are reported based on historical cost.

Expenses for the administration of the Plan are generally paid by the Plan.

Certain prior year amounts have been reclassified to conform to the current year presentation as a result of the early adoption of a recent accounting pronouncement discussed below.

3.
Recent Accounting Pronouncements

In May 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2015-07, Fair Value Measurement (Topic 820): Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) (ASU 2015-07). ASU 2015-07 removes the requirement to include investments in the fair value hierarchy for which fair value is measured using the net asset value per share as a practical expedient under Topic 820. ASU 2015-07 is effective for the Plan retrospectively for the year ending December 31, 2016 with early adoption permitted. Plan management is currently evaluating the impact of the pending adoption of ASU 2015-07 on the Plan's financial statements.

In July 2015, the (FASB issued Accounting Standards Update ASU 2015-12, Plan Accounting: Defined Benefit Pension Plans (Topic 960), Defined Contribution Pension Plans (Topic 962), Health and Welfare Benefit Plans (Topic 965): (Part I) Fully Benefit-Responsive Investment Contract, (Part II) Plan Investment Disclosures, (Part III) Measurement Date Practical Expedient, which simplifies the required disclosures related to employee benefit plans. Part I eliminates the requirement to measure and disclose the fair value of fully benefit-responsive contracts, including common collective trust assets. Contract value is the only required measure for fully benefit-responsive investment contracts. Part II eliminates the requirement to disclose individual investments which comprise 5% or more of total net assets available for benefits, as well as the net appreciation or depreciation of fair values by type. Part II also requires plans to continue to disaggregate investments that are measured using fair value by general type; however, plans are no longer required to also disaggregate investments by nature, characteristics and risks. Furthermore, the disclosure of information about fair value shall be provided by general type of plan asset. Part III allows plans to measure investments using values from the end of the calendar month closest to the plan’s fiscal year end. The Plan elected to early adopt ASU 2015-12 as of December 31, 2015 and has applied the provisions of Part I and Part II retrospectively. Therefore, (i) fully benefit responsive investments contracts are stated at contract value, (ii) the disclosures in Part II for the individual investments that represents 5 percent or more of net assets available for benefits, the net appreciation or depreciation for investments by general type and investment by class of investments in the fair value table have been eliminated. Part III is not applicable to the plan.

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, 2015 or 2014 or during the year ended December 31, 2015.

There were no changes in valuation methodologies for assets measured at fair value during 2015.

The following tables set forth, by level within the fair value hierarchy, the fair value of the Plan’s investments as of December 31, 2015 and 2014:

 
 
December 31, 2015 2
 
 
Level 1
 
Level 2
 
Level 3
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and Cash Equivalents
 
$

 
$
5,637,239

 
$

 
$
5,637,239

 
 
 
 
 
 
 
 
 
Common Collective Trusts
 

 
1,443,840,631

 

 
1,443,840,631

 
 
 
 
 
 
 
 
 
FirstEnergy Common Stock Fund
 
 
 
 
 
 
 

FirstEnergy Common Stock
 
331,084,391

 

 

 
331,084,391

Cash and Cash Equivalents
 

 
614,972

 

 
614,972

Total FirstEnergy Common Stock Fund
 
331,084,391

 
614,972

 

 
331,699,363

 
 
 
 
 
 
 
 
 
Registered Investment Companies
 
685,137,585

 
257,505,354

 

 
942,642,939

 
 
 
 
 
 
 
 
 
Self Managed Brokerage Accounts1
 

 
99,343,158

 

 
99,343,158

 
 
 
 
 
 
 
 
 
Total investments at fair value
 
$
1,016,221,976

 
$
1,806,941,354

 
$

 
$
2,823,163,330

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






8






FirstEnergy Corp. Savings Plan

Notes to Financial Statements
____________________________________________________________________________________________________________________________________________________


 
 
December 31, 2014 2
 
 
Level 1
 
Level 2
 
Level 3
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and Cash Equivalents
 
$

 
$
786,683

 
$

 
$
786,683

 
 
 
 
 
 
 
 
 
Common Collective Trusts
 

 
1,609,301,392

 

 
1,609,301,392

 
 

 

 

 

FirstEnergy Common Stock Fund
 
 
 
 
 
 
 

FirstEnergy Common Stock
 
397,852,124

 

 

 
397,852,124

Cash and Cash Equivalents
 

 
1,585,729

 

 
1,585,729

Total FirstEnergy Common Stock Fund
 
397,852,124

 
1,585,729

 

 
399,437,853

 
 
 
 
 
 
 
 

Registered Investment Companies
 
854,269,368

 
7,412,074

 

 
861,681,442

 
 

 

 

 

Self Managed Brokerage Accounts1
 

 
90,825,741

 

 
90,825,741

 
 
 
 
 
 
 
 

Total investments at fair value
 
$
1,252,121,492

 
$
1,709,911,619

 
$

 
$
2,962,033,111

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

6.
Fully Benefit-Responsive Investment Contracts

The Plan has an interest in synthetic guaranteed investment contracts (GICs) as part of the Capital Preservation Fund, which is managed by PIMCO.

In accordance with authoritative guidance for defined contribution plans, investment contracts are generally measured at contract value rather than fair value to the extent they are fully benefit-responsive. Contract value represents contributions made under the contract, plus earnings, less participant withdrawals and administrative expenses. Participants transact with their investment in the Capital Preservation Fund at contract value as determined by the insurers and banks. No valuation reserve in relation to the contract value was deemed necessary. The Statement of Changes in Net Assets Available for Benefits and the Statements of Net Assets Available for Benefits present the Synthetic GIC's on a contract value basis.

A synthetic investment contract includes a wrapper contract, which is an agreement for the wrap issuer, such as a bank or insurance company, to make payments to the Plan in certain circumstances. The wrapper contract typically includes certain conditions and limitations on the underlying assets owned by the Plan.

The synthetic investment contracts held by the Plan include wrapper contracts that provide a guarantee that the credit rate will not fall below 0 percent. Cash flow volatility (for example, timing of benefit payments) as well as asset underperformance can be passed through to the Plan through adjustments to future contract crediting rates. Formulas are provided in each contract that adjusts renewal crediting rates to recognize the difference between the fair value and the book value of the underlying assets. Crediting rates are reviewed monthly for resetting.

Certain events limit the ability of the Plan to transact with the issuer at contract value. These events include closings (location, subsidiary, division), layoffs, Plan termination, bankruptcy or reorganization, corporate merger, early retirement incentive programs or similar events. The Plan Administrator does not believe any such events, of the magnitude that would limit the Plan’s ability to transact at contract value, are probable. The GICs do not permit the issuers to terminate the contracts at an amount other than contract value.



9






FirstEnergy Corp. Savings Plan

Notes to Financial Statements
____________________________________________________________________________________________________________________________________________________


The following represents the disaggregation of contract value between types of investment contracts held by the Plan at December 31, 2015 and 2014:
 
2015
 
2014
 
 
 
 
Short-term investment fund
$
16,644,003

 
$
16,553,036

Synthetic GIC's
526,710,773

 
563,527,352

Total Investments at contract value
$
543,354,776

 
$
580,080,388


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 April 25, 2014, 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, 2015 and 2014, 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, 2015 and 2014, and for the year ended December 31, 2015:

 
2015
 
2014
 
 
 
 
Net assets available for benefits per the financial statements
$
3,408,739,319

 
$
3,600,724,219

Adjustment from contract value to fair value for fully-benefit
 
 
 
   responsive investment contracts
(2,754,310
)
 
1,196,738

Net assets available for benefits per Form 5500
$
3,405,985,009

 
$
3,601,920,957

 
 
 
 
Total investment loss and interest income on notes receivable
 
 
 
   from participants per the financial statements
$
(64,172,690
)
 
 
Adjustment from contract value to fair value for fully-benefit
 
 
 
   responsive investment contracts
(3,951,048
)
 
 
Investment loss per Form 5500
$
(68,123,738
)
 
 




11







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2015
#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
 
 **
 
5,637,239

*
 
 FIRSTENERGY COMMON STOCK FUND
 
 FirstEnergy common stock and cash
 equivalents
 
 **
 
331,699,363

 
 
 FIDELITY PURITAN FUND
 
 Balanced fund
 
 **
 
123,614,554

 
 
 BLACKROCK ACWI EX US - M
 
 International stocks
 
 **
 
28,527,596

 
 
 DFA US SMALL CAP VALUE PORTFOLIO
 
 Small cap value stocks
 
 **
 
113,461,265

 
 
 PIMCO REAL RETURN FUND INSTITUTIONAL
 CLASS
 
 Bonds
 
 **
 
12,487,783

 
 
 AMERICAN FUNDS EUROPACIFIC GROWTH
 FUND
 
 International stocks
 
 **
 
145,703,239

 
 
 BLACKROCK LIFEPATH INDEX RETIREMENT
 FUND J
 
 Blend of stocks, fixed income
 
 **
 
96,610,097

 
 
 BLACKROCK LIFEPATH INDEX 2020 FUND J
 
 Blend of stocks, fixed income
 
 **
 
127,210,724

 
 
 BLACKROCK LIFEPATH INDEX 2025 FUND J
 
 Blend of stocks, fixed income
 
 **
 
106,891,933

 
 
 BLACKROCK LIFEPATH INDEX 2030 FUND J
 
 Blend of stocks, fixed income
 
 **
 
71,296,683

 
 
 BLACKROCK LIFEPATH INDEX 2035 FUND J
 
 Blend of stocks, fixed income
 
 **
 
35,413,706

 
 
 BLACKROCK LIFEPATH INDEX 2040 FUND J
 
 Blend of stocks, fixed income
 
 **
 
23,115,147

 
 
 BLACKROCK LIFEPATH INDEX 2045 FUND J
 
 Blend of stocks, fixed income
 
 **
 
19,546,004

 
 
 BLACKROCK LIFEPATH INDEX 2050 FUND J
 
 Blend of stocks, fixed income
 
 **
 
23,901,866

 
 
 BLACKROCK LIFEPATH INDEX 2055 FUND J
 
 Blend of stocks, fixed income
 
 **
 
17,068,770

 
 
 BLACKROCK LIFEPATH INDEX 2060 FUND J
 
 Blend of stocks, fixed income
 
 **
 
679,887

 
 
 DODGE & COX INTERNATIONAL FUND
 
 International stocks
 
 **
 
59,480,712

 
 
 JP MORGAN GLOBAL OPPORTUNITIES FUND
 
 Global Stocks
 
 **
 
10,567,304

 
 
 SELF MANAGED BROKERAGE ACCOUNTS
 
 Equities, fixed income
 
 **
 
99,343,158

 
 
 VANGAURD TOTAL BOND MARKET INDEX
 
 Bonds
 
 **
 
46,628,365

 
 
 PALISADE SMALL CAP GROWTH EQUITY
 
 Small cap growth stocks
 
 **
 
4,466,934

 
 
 MELLON MARKET COMPLETION INDEX
 
 Blend of large, mid cap and small cap
 stocks
 
 **
 
136,568,227

 
 
 GOLDMAN SACHS MID CAP VALUE - I
 
 Mid cap value stocks
 
 **
 
36,195,911

 
 
 BLACKROCK EQUITY INDEX FUND - M
 
 Large cap stocks
 
 **
 
752,543,057

 
 
 
 
 
 
 
 
 
*
 
 CAPITAL PRESERVATION FUND
 
 
 
 
 
 
 
 
 
 
 STATE STREET STIF
 
Money market fund
 
 **
 
16,644,003

 
 
 
 
 STATE STREET BANK AND TRUST
 
Synthetic GIC - Single Wrap
 
 **
 
55,577

 
 
 
 
ABBVIE INC SR UNSEC
 
Corporate Bond - 2.50, 2020
 
 **
 
1,589,296

 
 
 
 
ACCESS MIDSTREAM PARTNER SR UNSEC
 
Corporate Bond - 4.88, 2024
 
 **
 
812,855

 
 
 
 
ACE INA HOLDINGS SR UNSEC
 
Corporate Bond - 2.88, 2022
 
 **
 
1,694,325

 
 
 
 
ACE INA HOLDINGS SR UNSEC
 
Corporate Bond - 3.35, 2024
 
 **
 
3,547,740

 
 
 
 
ALLYL 2015-SN1 A2A
 
Cash Equivalent - 0.93, 2017
 
 **
 
1,226,798



12







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2015
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ALTRIA GROUP INC CO GTD
 
Corporate Bond- 9.25, 2019
 
 **
 
443,122

 
 
 
 
AMERICAN EXPRESS BK FSB BKNT
 
Corporate Bond- 6.00, 2017
 
 **
 
1,301,228

 
 
 
 
AMERICAN EXPRESS CREDIT SR UNSEC
 
Corporate Bond - 1.14, 2020
 
 **
 
396,824

 
 
 
 
AMERICAN EXPRESS CREDIT SR UNSEC
 
Corporate Bond - 1.55, 2020
 
 **
 
1,616,367

 
 
 
 
AMXCA 2014-3 A
 
Mortgage - 1.49, 2020
 
 **
 
2,402,900

 
 
 
 
AT&T INC NT
 
Corporate Bond- 5.80, 2019
 
 **
 
1,119,814

 
 
 
 
BACM 2006-4 A1A WM15 WC6.1267 VAR
 
Cash Equivalent - 5.62, 2046
 
 **
 
2,622,248

 
 
 
 
BACM 2007-1 A1A
 
Mortgage - 5.43, 2049
 
 **
 
2,124,660

 
 
 
 
BAIDU INC SR UNSEC
 
Corporate Bond- 2.75, 2019
 
 **
 
2,991,623

 
 
 
 
BANK OF AMERICA CORP SR NT
 
Corporate Bond - 5.63, 2020
 
 **
 
5,207,764

 
 
 
 
BANK OF NY MELLON CORP SRUNSEC
 
Corporate Bond - 2.60, 2020
 
 **
 
2,023,114

 
 
 
 
BEAR STEARNS CO INC GLBL SR UNSEC
 
Corporate Bond - 7.25, 2018
 
 **
 
787,607

 
 
 
 
BERKSHIRE HATHAWAY INC SNR S* SP BRC
 
Credit Default Swap - 1.00, 2020
 
 **
 
33,693

 
 
 
 
BK TOKYO-MITSUBISHI UFJ UNSEC 144A
 
Corporate Bond - 2.35, 2019
 
 **
 
2,503,311

 
 
 
 
BNP PARIBAS GLBL SR UNSEC BKNT
 
Corporate Bond - 5.00, 2021
 
 **
 
3,935,105

 
 
 
 
BP CAPITAL MARKETS PLC CO GTD
 
Corporate Bond- 4.74, 2021
 
 **
 
2,218,926

 
 
 
 
BP CAPITAL MARKETS PLC GLBL SR UNSEC
 
Corporate Bond - 3.25, 2022
 
 **
 
198,389

 
 
 
 
BP CAPITAL MARKETS PLC UNSEC
 
Corporate Bond - 2.52, 2020
 
 **
 
1,377,786

 
 
 
 
BPCE SA SR UNSEC
 
Corporate Bond - 4.00, 2024
 
 **
 
3,626,168

 
 
 
 
BSCMS 2006-T24 A4 WM16 WC6.043729
 
Cash Equivalent - 5.54, 2041
 
 **
 
2,131,062

 
 
 
 
CASH COLLATERAL FUT FOB USD
 
Cash Equivalent - 0.10, 2060
 
 **
 
237,021

 
 
 
 
CASH COLLATERAL ISDA CBK USD
 
Cash Equivalent - 0.20, 2060
 
 **
 
109,016

 
 
 
 
CASH COLLATERAL LCH FOB USD
 
Cash Equivalent - 0.10, 2060
 
 **
 
275,024

 
 
 
 
CCCIT 2013-A7 A7
 
Cash Equivalent - 0.72, 2020
 
 **
 
1,750,209

 
 
 
 
CCCIT 2014-A3 A3 1MLIB+20BP
 
Cash Equivalent - 0.49, 2018
 
 **
 
2,250,459

 
 
 
 
CD 2007-CD4 A4
 
Cash Equivalent - 5.32, 2049
 
 **
 
3,782,391

 
 
 
 
CGCMT 2007-C6 A4 WM16 WC5.7312
 
Mortgage - 5.71, 2049
 
 **
 
1,349,105

 
 
 
 
CGCMT 2013-GC11 AAB
 
Mortgage - 2.69, 2046
 
 **
 
799,083

 
 
 
 
CHAIT 2014-A7 A
 
Mortgage - 1.38, 2019
 
 **
 
2,195,589

 
 
 
 
CHAIT 2015-A5 A
 
Mortgage - 1.36, 2020
 
 **
 
1,293,789

 
 
 
 
CHEVRON CORP UNSEC FRN
 
Corporate Bond- 0.77, 2019
 
 **
 
1,842,470

 
 
 
 
CMBX.NA.AAA.7 SP FBF
 
Credit Default Swap - 0.50, 2047
 
 **
 
(98,488
)
 
 
 
 
CMBX.NA.AAA.8 SP GST
 
Credit Default Swap - 0.50, 2057
 
 **
 
(139,820
)
 
 
 
 
CNOOC FINANCE 2014 ULC GLBL CO GTD
 
Corporate Bond - 1.63, 2017
 
 **
 
3,216,825

 
 
 
 
COMM 2013-CR11 ASB WM23 WC5.205219817
 
Mortgage - 3.66, 2046
 
 **
 
1,464,674

 
 
 
 
COMM 2014-CR19 ASB WM14
 
Mortgage - 3.50, 2047
 
 **
 
1,851,174

 
 
 
 
COMM 2014-UBS6 ASB WM14
 
Mortgage - 3.39, 2047
 
 **
 
1,830,613



13







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2015
#34-1843785 Plan 002
_________________________________________________________________________________________________________________________________________________________

(a)
 
(b)
 
(c)
 
(d)
 
(e)
 
 
Identity of issue, borrower, lessor or similar party
 
Description of investment, including maturity date, rate of interest, collateral, par or maturity value
 
Cost
 
Current Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
COMM 2015-CR23 ASB WM15
 
Mortgage - 3.26, 2048
 
 **
 
1,223,472

 
 
 
 
COMM 2015-DC1 ASB WM15
 
Mortgage - 3.14, 2048
 
 **
 
1,664,426

 
 
 
 
COMM 2015-LC19 ASB
 
Mortgage - 3.04, 2048
 
 **
 
1,308,385

 
 
 
 
COMM 2015-LC21 ASB
 
Mortgage - 3.42, 2048
 
 **
 
2,267,088

 
 
 
 
COMPASS BANK SR UNSEC
 
Corporate Bond - 2.75, 2019
 
 **
 
1,892,258

 
 
 
 
CORPBANCA 144A SR UNSEC
 
Corporate Bond - 3.88, 2019
 
 **
 
1,501,089

 
 
 
 
CREDIT SUISSE NEW YORK SR UNSEC
 
Corporate Bond - 3.00, 2021
 
 **
 
2,001,064

 
 
 
 
CREDIT SUISSE NEW YORK SR UNSEC
 
Corporate Bond - 2.30, 2019
 
 **
 
351,003

 
 
 
 
CSAIL 2015-C1 ASB WM15
 
Mortgage - 3.35, 2050
 
 **
 
1,068,527

 
 
 
 
DISCOVER FINANCIAL SVS SR UNSEC
 
Corporate Bond - 3.20, 2021
 
 **
 
3,010,521

 
 
 
 
DOMINION GAS HLDGS LLC SR UNSEC
 
Corporate Bond - 2.80, 2020
 
 **
 
1,308,324

 
 
 
 
ELECTRICITE DE FRANCE SA SR UNSEC 144A
 
Corporate Bond - 2.35, 2020
 
 **
 
1,780,592

 
 
 
 
ENTERPRISE PRODUCTS OPER CO GTD
 
Corporate Bond - 5.20, 2020
 
 **
 
4,249,456

 
 
 
 
FED HOME LN MTGE GLBL NT (7MMM)
 
Corporate Bond - 2.38, 2022
 
 **
 
24,954,403

 
 
 
 
FHA 221D4 P4/02 GREY 54 NCP
 
Mortgage - 7.43, 2023
 
 **
 
264

 
 
 
 
FHLMC GOLD 30YR #Q3-1614
 
Mortgage - 3.00, 2045
 
 **
 
2,898,595

 
 
 
 
FHLMC GOLD 30YR #Q3-3509
 
Mortgage - 3.00, 2045
 
 **
 
772,893

 
 
 
 
FHMS KJ02 A1 WM19 WC4.629891442
 
Mortgage - 1.64, 2019
 
 **
 
2,664,935

 
 
 
 
FHR 2666 OD PAC WM23 WC5.84
 
Mortgage - 5.50, 2023
 
 **
 
976,527

 
 
 
 
FHR 2684 PE WM32 WC5.4284
 
Cash Equivalent - 5.00, 2033
 
 **
 
66,971

 
 
 
 
FHR 2739 PG PAC WM33 WC5.552
 
Mortgage - 5.00, 2034
 
 **
 
1,377,040

 
 
 
 
FHR 2764 UE WM32 WC5.4879
 
Cash Equivalent - 5.00, 2032
 
 **
 
527,262

 
 
 
 
FHR 2950 FN 1MLIB+45
 
Cash Equivalent - 0.78, 2035
 
 **
 
337,119

 
 
 
 
FHR 3185 GT SEQ WM26 WC6.43
 
Mortgage - 6.00, 2026
 
 **
 
322,767

 
 
 
 
FHR 3225 HF 1MLIB+51BP
 
Cash Equivalent - 0.84, 2036
 
 **
 
411,305

 
 
 
 
FHR 3311 FN 1MLIB+30BP
 
Cash Equivalent - 0.63, 2037
 
 **
 
146,372

 
 
 
 
FHR 3318 FL 1MLIB+40
 
Cash Equivalent - 0.73, 2037
 
 **
 
421,611

 
 
 
 
FHR 3339 FL 1MLIB+58
 
Cash Equivalent - 0.91, 2037
 
 **
 
273,948

 
 
 
 
FHR 3355 BF 1MLIB+70
 
Cash Equivalent - 1.03, 2037
 
 **
 
449,025

 
 
 
 
FHR 3368 AF 1MLIB+72
 
Cash Equivalent - 1.05, 2037
 
 **
 
58,278

 
 
 
 
FHR 3666 FC 1MLIB+73
 
Cash Equivalent - 1.06, 2040
 
 **
 
235,987

 
 
 
 
FHR 3699 FD VA 1MLIB+60
 
Cash Equivalent - 0.93, 2040
 
 **
 
528,286

 
 
 
 
FHR 3740 DF 1MLIB+48
 
Cash Equivalent - 0.81, 2040
 
 **
 
187,108

 
 
 
 
FHR 3743 FA 1MLIB+60
 
Cash Equivalent - 0.93, 2040
 
 **
 
1,240,219

 
 
 
 
FHR 3747 WF VA 1MLIB+48
 
Cash Equivalent - 0.81, 2040
 
 **
 
1,493,719

 
 
 
 
FHR 3751 FG 1MLIB+50
 
Cash Equivalent - 0.83, 2050
 
 **
 
100,024

 
 
 
 
FHR 3977 FB 1MLIB+52BP
 
Cash Equivalent - 0.85, 2041
 
 **
 
2,700,312



14







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2015
#34-1843785 Plan 002
_________________________________________________________________________________________________________________________________________________________

(a)
 
(b)
 
(c)
 
(d)
 
(e)
 
 
Identity of issue, borrower, lessor or similar party
 
Description of investment, including maturity date, rate of interest, collateral, par or maturity value
 
Cost
 
Current Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FHR 3984 DF 1M LIBOR +55BP
 
Cash Equivalent - 0.88, 2042
 
 **
 
3,163,135

 
 
 
 
FIN FUT EURO$ CME (RED)
 
Future - 0.00, 2017
 
 **
 
(1,613
)
 
 
 
 
FIN FUT US 10YR CBT
 
Future - 6.00, 2016
 
 **
 
(44,827
)
 
 
 
 
FNMA NT (3MMM)
 
Corporate - 1.63, 2020
 
 **
 
10,020,103

 
 
 
 
FNMA PASS THRU 20YR #254916
 
Mortgage - 5.50, 2023
 
 **
 
319,300

 
 
 
 
FNMA PASS THRU 20YR #255075
 
Mortgage - 5.50, 2024
 
 **
 
351,083

 
 
 
 
FNMA PASS THRU 20YR #AL6722
 
Mortgage - 5.00, 2030
 
 **
 
4,787,531

 
 
 
 
FNMA PASS THRU 30YR #848210
 
Mortgage - 5.50, 2035
 
 **
 
352,955

 
 
 
 
FNMA PASS THRU 30YR #884863
 
Mortgage - 5.50, 2036
 
 **
 
373,348

 
 
 
 
FNMA PASS THRU 30YR #890365
 
Mortgage - 5.50, 2041
 
 **
 
465,517

 
 
 
 
FNMA PASS THRU 30YR #938504
 
Mortgage - 5.50, 2037
 
 **
 
309,773

 
 
 
 
FNMA TBA 3.0% JAN 30YR
 
Mortgage - 3.00, 2046
 
 **
 
(16,751
)
 
 
 
 
FNMA TBA 5.0% JAN 30YR
 
Mortgage - 5.00, 2046
 
 **
 
(1,289
)
 
 
 
 
FNR 2005-109 PV WM32 WC6.509500
 
Cash Equivalent - 6.00, 2032
 
 **
 
17,326

 
 
 
 
FNR 2005-13 FA 1MLIB+45
 
Cash Equivalent - 0.87, 2035
 
 **
 
1,063,437

 
 
 
 
FNR 2005-29 JB WM33 WC7.0709
 
Mortgage - 4.50, 2035
 
 **
 
4,555

 
 
 
 
FNR 2005-68 PC WM34 WC6.55
 
Mortgage - 5.50, 2035
 
 **
 
9,290

 
 
 
 
FNR 2006-129 FM 1MLIB+25
 
Cash Equivalent - 0.67, 2037
 
 **
 
255,531

 
 
 
 
FNR 2007-109 GF 1MLIB+68
 
Cash Equivalent - 1.10, 2037
 
 **
 
997,258

 
 
 
 
FNR 2007-25 FB 1MLIB+33BP
 
Cash Equivalent - 0.75, 2037
 
 **
 
204,087

 
 
 
 
FNR 2007-27 FA 1MLIB+31BP
 
Cash Equivalent - 0.73, 2037
 
 **
 
59,533

 
 
 
 
FNR 2007-38 FC 1MLIB+42
 
Cash Equivalent - 0.84, 2037
 
 **
 
256,388

 
 
 
 
FNR 2007-70 FA 1MLIB+35BP
 
Cash Equivalent - 0.77, 2037
 
 **
 
149,610

 
 
 
 
FNR 2008-12 FA 1MLIB+67BP FRN
 
Cash Equivalent - 1.09, 2038
 
 **
 
803,906

 
 
 
 
FNR 2010-111 FC 1MLIB+52
 
Cash Equivalent - 0.94, 2040
 
 **
 
238,839

 
 
 
 
FNR 2010-115 FM 1MLIB+50
 
Cash Equivalent - 0.92, 2040
 
 **
 
320,447

 
 
 
 
FNR 2010-117 FE 1MLIB+40BP
 
Cash Equivalent - 0.82, 2040
 
 **
 
181,200

 
 
 
 
FNR 2010-129 FM 1MLIB+50
 
Cash Equivalent - 0.92, 2040
 
 **
 
414,510

 
 
 
 
FNR 2010-135 LF 1MLIB+45
 
Cash Equivalent - 0.87, 2040
 
 **
 
376,891

 
 
 
 
FNR 2010-141 FB 1MLIB+47
 
Cash Equivalent - 0.89, 2040
 
 **
 
250,448

 
 
 
 
FNR 2010-2 GF 1MLIB+55BP
 
Cash Equivalent - 0.97, 2049
 
 **
 
723,346

 
 
 
 
FNR 2011-3 FA 1MLIB+68
 
Cash Equivalent - 1.10, 2041
 
 **
 
4,352,000

 
 
 
 
FNR 2011-86 KF 1MLIB+55
 
Cash Equivalent - 0.97, 2041
 
 **
 
622,775

 
 
 
 
FNR 2011-86 NF 1MLIB+55
 
Cash Equivalent - 0.97, 2041
 
 **
 
1,299,064

 
 
 
 
FNR 2011-87 FJ 1MLIB+55BP
 
Cash Equivalent - 0.97, 2041
 
 **
 
2,349,266

 
 
 
 
FNR 2012-141 FA 1MLIB+30BP
 
Cash Equivalent - 0.72, 2042
 
 **
 
1,463,097

 
 
 
 
FNR 2013-39 FA 1MLIB+35BP
 
Cash Equivalent - 0.77, 2043
 
 **
 
1,615,396



15







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2015
#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 UNSEC
 
Corporate Bond - 5.00, 2018
 
 **
 
4,750,103

 
 
 
 
FORDL 2015-B A2A
 
Cash Equivalent - 1.04, 2018
 
 **
 
2,394,068

 
 
 
 
FORDO 2015-B A2A
 
Cash Equivalent - 0.72, 2018
 
 **
 
1,864,070

 
 
 
 
FOREST LABORATORIES INC SR UNSEC 144A
 
Corporate Bond - 4.38, 2019
 
 **
 
3,184,346

 
 
 
 
GE CAPITAL INTL FUNDING SR UNSEC 144A
 
Corporate Bond - 2.34, 2020
 
 **
 
3,923,798

 
 
 
 
GECC GLBL NT
 
Corporate Bond - 4.63, 2021
 
 **
 
798,487

 
 
 
 
GECC SR UNSEC
 
Corporate Bond - 2.20, 2020
 
 **
 
753,816

 
 
 
 
GNMA I TBA 4.0% JAN 30YR
 
Mortgage - 4.00, 2046
 
 **
 
10,780

 
 
 
 
GNMA II MULTPL SGL 30YR #MA3105M
 
Mortgage - 3.50, 2045
 
 **
 
10,364,125

 
 
 
 
GNR 2012-149 GF 1MLIB+30BP
 
Cash Equivalent - 0.70, 2042
 
 **
 
4,624,084

 
 
 
 
GOLDCORP INC GLBL SR UNSEC
 
Corporate Bond - 3.63, 2021
 
 **
 
659,235

 
 
 
 
GOLDMAN SACHS GROUP INC GLBL SR NT
 
Corporate Bond - 7.50, 2019
 
 **
 
2,564,011

 
 
 
 
GOLDMAN SACHS GROUP INC GLBL SR UNSEC
 
Corporate Bond - 5.25, 2021
 
 **
 
2,807,820

 
 
 
 
GOLDMAN SACHS GROUP INC SR NT
 
Corporate Bond - 5.38, 2020
 
 **
 
1,749,781

 
 
 
 
HAROT 2015-3 A2 WM19 WC2.133500
 
Cash Equivalent - 0.92, 2017
 
 **
 
2,298,817

 
 
 
 
HUTCHISON WHAMPOA UNSEC 144A
 
Corporate Bond - 1.63, 2017
 
 **
 
2,088,355

 
 
 
 
INTESA SANPAOLO SPA SR UNSEC
 
Corporate Bond - 2.38, 2017
 
 **
 
1,668,943

 
 
 
 
INTESA SANPAOLO SPA UNSEC
 
Corporate Bond - 3.88, 2018
 
 **
 
1,558,042

 
 
 
 
IRS USD 2.25000 12/16/15-7Y LCH
 
Interest Rate Swap - 2.25, 2022
 
 **
 
(20,742
)
 
 
 
 
ITALY GOVT SW D03 SP DUB
 
Credit Default Swap - 1.00, 2019
 
 **
 
44,332

 
 
 
 
JACKSON NATL LIFE GLOBAL SEC 144A
 
Corporate - 1.88, 2018
 
 **
 
1,693,533

 
 
 
 
JPMBB 2013-C17 ASB WM23 WC4.9082
 
Mortgage - 3.71, 2047
 
 **
 
1,460,548

 
 
 
 
JPMBB 2014-C22 ASB WM24 WC4.580566404
 
Mortgage - 3.50, 2047
 
 **
 
1,796,958

 
 
 
 
JPMBB 2015-C27 ASB
 
Mortgage - 3.02, 2048
 
 **
 
1,590,570

 
 
 
 
JPMCC 2007-LD12 A4 WM16 WC6.0924
 
Mortgage - 5.88, 2051
 
 **
 
2,812,491

 
 
 
 
JPMCC 2007-LDPX A3 SEQ WM15 WC5.76
 
Mortgage - 5.42, 2049
 
 **
 
2,690,661

 
 
 
 
JPMORGAN CHASE & CO
 
Corporate Bond - 2.35, 2019
 
 **
 
2,023,747

 
 
 
 
JPMORGAN CHASE & CO GLBL SR UNSEC
 
Corporate Bond - 4.5, 2022
 
 **
 
1,640,387

 
 
 
 
JPMORGAN CHASE & CO SR UNSEC
 
Corporate Bond - 2.55, 2020
 
 **
 
348,404

 
 
 
 
JPMORGAN CHASE & CO SR UNSEC
 
Corporate Bond- 4.25, 2020
 
 **
 
3,273,392

 
 
 
 
KINDER MORGAN ENER PART
 
Corporate Bond - 3.95, 2022
 
 **
 
1,762,464

 
 
 
 
KINDER MORGAN ENER PART NT
 
Corporate Bond - 6, 2017
 
 **
 
514,972

 
 
 
 
KINDER MORGAN ENER PARTNERS LP SR UNSEC
 
Corporate Bond - 3.5, 2021
 
 **
 
1,356,455

 
 
 
 
MANUF & TRADERS TRUST CO SR UNSEC
 
Corporate Bond - 2.25, 2019
 
 **
 
4,369,182

 
 
 
 
MEDTRONIC INC SR UNSEC
 
Corporate Bond - 3.15, 2022
 
 **
 
1,171,208

 
 
 
 
MEXICO LA SP GST
 
Credit Default Swap - 1.00, 2019
 
 **
 
(41,959
)


16







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2015
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
MLCFC 2006-3 A1A WM09
 
Cash Equivalent - 5.41, 2046
 
 **
 
2,682,956

 
 
 
 
MOODY'S CORPORATION SR UNSEC
 
Corporate Bond - 4.88, 2024
 
 **
 
3,237,224

 
 
 
 
MORGAN STANLEY
 
Corporate Bond - 5.50, 2020
 
 **
 
2,262,019

 
 
 
 
MORGAN STANLEY NT
 
Corporate Bond - 5.50, 2020
 
 **
 
4,587,755

 
 
 
 
MSBAM 2012-C6 A2 WM21 WC4.692
 
Mortgage - 1.87, 2045
 
 **
 
2,504,219

 
 
 
 
MSBAM 2013-C13 ASB WM23 WC4.922172434
 
Mortgage - 3.56, 2046
 
 **
 
1,142,639

 
 
 
 
MSBAM 2014-C18 A2 WM14
 
Mortgage - 3.19, 2047
 
 **
 
2,218,898

 
 
 
 
MSBAM 2015-C20 ASB WM24 WC4.486757058
 
Mortgage - 3.07, 2048
 
 **
 
1,208,033

 
 
 
 
MSC 2006-HQ10 A4 SEQ
 
Cash Equivalent - 5.33, 2041
 
 **
 
1,642,338

 
 
 
 
MSC 2006-HQ9 A4FL 1MLIB+14.75BP
 
Cash Equivalent - 0.46, 2044
 
 **
 
1,474,520

 
 
 
 
MSC 2007-IQ13 A4 WM16 WC5.8329
 
Cash Equivalent - 5.36, 2044
 
 **
 
1,390,825

 
 
 
 
MYLAN NV SR UNSEC
 
Corporate Bond - 2.55, 2019
 
 **
 
3,478,416

 
 
 
 
NA DEVELOPMENT BANK GLBL SR UNSECURED
 
Corporate Bond - 4.38, 2020
 
 **
 
5,231,895

 
 
 
 
NALT 2015-B A2A
 
Cash Equivalent - 1.17, 2017
 
 **
 
1,998,016

 
 
 
 
NAVSL 2015-1 A1 1MLIB+30BP
 
Cash Equivalent - 0.72, 2022
 
 **
 
1,304,422

 
 
 
 
PNC BANK NA SR UNSEC
 
Corporate Bond - 2.45, 2020
 
 **
 
1,298,733

 
 
 
 
PROLOGIS LP SR UNSEC
 
Corporate Bond - 4.00, 2018
 
 **
 
1,466,568

 
 
 
 
PRUDENTIAL FINANCIAL INC SNR S* SP GST
 
Credit Default Swap - 1.00, 2020
 
 **
 
15,412

 
 
 
 
RABOBANK NEDERLAND UTREC
 
Corporate Bond - 3.88, 2022
 
 **
 
3,737,636

 
 
 
 
SANTANDER HOLDINGS USA SR UNSEC
 
Corporate Bond- 4.50, 2025
 
 **
 
2,069,245

 
 
 
 
SBA TOWER TRUST NT SEC 144A 1A C
 
Corporate Bond - 2.90, 2044
 
 **
 
2,157,620

 
 
 
 
SINOPEC GRP OVERSEA 2014
 
Corporate Bond - 2.75, 2019
 
 **
 
3,026,912

 
 
 
 
SLCLT 2005-3 A2 3MLIB+9BP
 
Cash Equivalent - 0.60, 2024
 
 **
 
1,068,462

 
 
 
 
SLCLT 2006-2 A5 3MLIB+10BP
 
Cash Equivalent - 0.61, 2026
 
 **
 
1,635,145

 
 
 
 
SLMA 2004-1 A3
 
Cash Equivalent - 0.53, 2023
 
 **
 
1,146,859

 
 
 
 
SLMA 2004-3 A5 3MLIB+17
 
Cash Equivalent - 0.49, 2023
 
 **
 
1,289,719

 
 
 
 
SLMA 2005-3 A5
 
Cash Equivalent - 0.41, 2024
 
 **
 
1,366,963

 
 
 
 
SLMA 2005-6 A5A 3MLIB+11BP
 
Cash Equivalent - 0.43, 2026
 
 **
 
1,072,610

 
 
 
 
SLMA 2005-8 A3
 
Cash Equivalent - 0.43, 2024
 
 **
 
761,236

 
 
 
 
SLMA 2005-8 A4 3MLIB+75
 
Cash Equivalent - 1.07, 2028
 
 **
 
222,380

 
 
 
 
SLMA 2006-1 A4 3MLIB+9
 
Cash Equivalent - 0.41, 2019
 
 **
 
960,088

 
 
 
 
SLMA 2006-4 A5 3MLIB+10BP
 
Cash Equivalent - 0.42, 2025
 
 **
 
956,681

 
 
 
 
SOUTH AFRICA EM SP CBK
 
Credit Default Swap - 1.00, 2019
 
 **
 
(205,129
)
 
 
 
 
SPAIN GOVT SW D03 SP BOA
 
Credit Default Swap - 1.00, 2020
 
 **
 
41,248

*
 
 
 
STATE STREET STIF
 
Cash Equivalent - 0.20, 2030
 
 **
 
538,680

 
 
 
 
SUMITOMO MITSUI BANKING SR UNSEC FRN
 
Cash Equivalent - 0.90, 2018
 
 **
 
2,396,273



17







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2015
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
TAOT 2015-C A2A
 
Cash Equivalent - 0.93, 2018
 
 **
 
899,036

 
 
 
 
TIAA ASSET MGMT FIN LLC SR UNSEC 144A
 
Corporate Bond - 2.95, 2019
 
 **
 
1,509,648

 
 
 
 
U S TREASURY BILLS
 
Cash Equivalent - 0.00, 2016
 
 **
 
8,000

 
 
 
 
U S TREASURY BILLS
 
Cash Equivalent - 0.00, 2016
 
 **
 
3,099,873

 
 
 
 
U S TREASURY BILLS
 
Cash Equivalent - 0.00, 2016
 
 **
 
1,699,952

 
 
 
 
U S TREASURY BILLS
 
Cash Equivalent - 0.00, 2016
 
 **
 
1,199,995

 
 
 
 
U S TREASURY INFLATE PROT BD
 
US Treasury - 0.38, 2023
 
 **
 
6,905,736

 
 
 
 
U S TREASURY INFLATE PROT BD
 
US Treasury - 0.13, 2018
 
 **
 
21,577,574

 
 
 
 
U S TREASURY INFLATE PROT BD
 
US Treasury - 0.13, 2020
 
 **
 
7,025,375

 
 
 
 
U S TREASURY INFLATE PROT BD
 
US Treasury - 0.13, 2019
 
 **
 
19,183,679

 
 
 
 
U S TREASURY NOTE
 
Cash Equivalent - 0.38, 2016
 
 **
 
1,201,364

 
 
 
 
U S TREASURY NOTE
 
Cash Equivalent - 0.5, 2016
 
 **
 
65,013,006

 
 
 
 
U S TREASURY NOTE
 
US Treasury - 2.13, 2025
 
 **
 
5,241,938

 
 
 
 
U S TREASURY NOTE
 
US Treasury - 0.88, 2017
 
 **
 
7,120,793

 
 
 
 
U S TREASURY NOTE
 
US Treasury - 1.00, 2017
 
 **
 
13,723,106

 
 
 
 
U S TREASURY NOTE
 
US Treasury - 0.63, 2017
 
 **
 
13,990,427

 
 
 
 
U S TREASURY NOTE FRN
 
Cash Equivalent - 0.43, 2017
 
 **
 
10,498,390

 
 
 
 
UBS AG STAMFORD CT SR UNSEC
 
Corporate Bond - 2.38, 2019
 
 **
 
3,520,476

 
 
 
 
UBSBB 2013-C5 AAB WM22 WC4.120420506
 
Mortgage - 2.69, 2046
 
 **
 
1,204,436

 
 
 
 
VERIZON COMMUNICATIONS SR UNSEC
 
Corporate Bond - 4.50, 2020
 
 **
 
4,882,873

 
 
 
 
VIACOM INC SR UNSEC
 
Corporate Bond - 2.75, 2019
 
 **
 
988,279

 
 
 
 
VM CASH CCP LCH FOB USD
 
Cash Equivalent - 0.01, 2060
 
 **
 
47,044

 
 
 
 
VM CASH FUT DOM FOB USD
 
Cash Equivalent - 0.01, 2060
 
 **
 
439,258

 
 
 
 
WBCMT 2006-C27 A1A WM15 WC6.1311
 
Cash Equivalent - 5.75, 2045
 
 **
 
2,059,751

 
 
 
 
WBCMT 2006-C29 A4 WM16 WC5.7219
 
Cash Equivalent - 5.31, 2048
 
 **
 
1,161,157

 
 
 
 
WEA FINANCE LLC/WESTFIEL UNSEC 144A
 
Corporate Bond - 2.70, 2019
 
 **
 
2,994,730

 
 
 
 
WELLS FARGO & COMPANY SR UNSEC
 
Corporate Bond - 3.55, 2025
 
 **
 
2,948,821

 
 
 
 
WELLS FARGO & COMPANY SR UNSEC
 
Corporate Bond - 1.20, 2020
 
 **
 
1,998,294

 
 
 
 
WFCM 2015-C26 ASB WM15
 
Mortgage - 2.99, 2048
 
 **
 
1,491,973

 
 
 
 
WFCM 2015-C29 ASB WM15
 
Mortgage - 3.40, 2048
 
 **
 
1,628,149

 
 
 
 
WILLIAMS PARTNERS LP GLBL SR UNSECURED
 
Corporate Bond - 5.25, 2020
 
 **
 
1,881,454

 
 
 
 
 
 
 
 
 
 
 
 
 
 Capital Preservation Fund Total
 
 
 
 
 
540,600,466

 
 
 
 
 
 
 
 
 
 
 
 
 
ARTISAN MIDCAP INVESTOR FUND
 
 
 
 
 
 
*
 
 
 STATE STREET STIF
 
MONEY MARKET FUND
 
 **
 
7,557,463



18







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2015
#34-1843785 Plan 002
_________________________________________________________________________________________________________________________________________________________

 
 
 
 
ACTIVISION BLIZZARD INC
 
COMMON STOCK
 
 **
 
1,223,314

 
 
 
 
ACUITY BRANDS INC
 
COMMON STOCK
 
 **
 
829,289

 
 
 
 
ALKERMES PLC
 
COMMON STOCK
 
 **
 
2,499,676

 
 
 
 
AMETEK INC
 
COMMON STOCK
 
 **
 
5,245,389

 
 
 
 
ARAMARK
 
COMMON STOCK
 
 **
 
744,878

 
 
 
 
ASPEN TECHNOLOGY INC
 
COMMON STOCK
 
 **
 
1,878,522

 
 
 
 
ATHENAHEALTH INC
 
COMMON STOCK
 
 **
 
3,239,682

 
 
 
 
BECTON DICKINSON AND CO
 
COMMON STOCK
 
 **
 
2,693,185

 
 
 
 
BOSTON SCIENTIFIC CORP
 
COMMON STOCK
 
 **
 
4,075,166

 
 
 
 
CARMAX INC
 
COMMON STOCK
 
 **
 
330,404

 
 
 
 
CEPHEID INC
 
COMMON STOCK
 
 **
 
1,528,159

 
 
 
 
CERNER CORP
 
COMMON STOCK
 
 **
 
1,694,327

 
 
 
 
CHIPOTLE MEXICAN GRILL INC
 
COMMON STOCK
 
 **
 
2,601,747

 
 
 
 
CIGNA CORP
 
COMMON STOCK
 
 **
 
3,428,366

 
 
 
 
CIMAREX ENERGY CO
 
COMMON STOCK
 
 **
 
1,397,009

 
 
 
 
CONCHO RESOURCES INC
 
COMMON STOCK
 
 **
 
939,372

 
 
 
 
CTRIP.COM INTERNATIONAL
 
DEPOSITORY RECEIPTS
 
 **
 
1,389,576

 
 
 
 
DEXCOM INC
 
COMMON STOCK
 
 **
 
2,151,022

 
 
 
 
DOLLAR TREE INC
 
COMMON STOCK
 
 **
 
1,732,894

 
 
 
 
ELECTRONIC ARTS INC
 
COMMON STOCK
 
 **
 
4,432,234

 
 
 
 
ENVISION HEALTHCARE HOLDINGS USD.01
 
COMMON STOCK
 
 **
 
1,577,028

 
 
 
 
FORTUNE BRANDS HOME & SECURITY INC
 
COMMON STOCK
 
 **
 
4,865,630

 
 
 
 
GARTNER INC
 
COMMON STOCK
 
 **
 
2,718,370

 
 
 
 
GLOBAL PAYMENTS INC
 
COMMON STOCK
 
 **
 
4,275,013

 
 
 
 
GUIDEWIRE SOFTWARE INC
 
COMMON STOCK
 
 **
 
1,742,835

 
 
 
 
HARMAN INTERNATIONAL
 
COMMON STOCK
 
 **
 
572,608

 
 
 
 
HD SUPPLY HOLDINGS INC
 
COMMON STOCK
 
 **
 
737,297

 
 
 
 
HUBBELL INC
 
COMMON STOCK
 
 **
 
672,825

 
 
 
 
IHS INC
 
COMMON STOCK
 
 **
 
5,850,442

 
 
 
 
ILLUMINA INC
 
COMMON STOCK
 
 **
 
1,907,741

 
 
 
 
INCYTE CORP
 
COMMON STOCK
 
 **
 
957,071

 
 
 
 
INTERCONTINENTAL EXCHANGE INC
 
COMMON STOCK
 
 **
 
919,461

 
 
 
 
INTUIT INC
 
COMMON STOCK
 
 **
 
966,641

 
 
 
 
JD.COM INC
 
DEPOSITORY RECEIPTS
 
 **
 
1,848,139

 
 
 
 
LEVEL 3 COMMUNICATIONS INC
 
COMMON STOCK
 
 **
 
2,373,140

 
 
 
 
LINKEDIN CORP
 
COMMON STOCK
 
 **
 
1,728,614

 
 
 
 
LKQ CORP
 
COMMON STOCK
 
 **
 
6,037,824

 
 
 
 
LULULEMON ATHLETICA INC
 
COMMON STOCK
 
 **
 
734,055

 
 
 
 
MICHAELS COS INC
 
COMMON STOCK
 
 **
 
1,133,690

 
 
 
 
MOBILEYE NV
 
COMMON STOCK
 
 **
 
653,902

 
 
 
 
MONSTER BEVERAGE CORP
 
COMMON STOCK
 
 **
 
2,028,239



19







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2015
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
MOTOROLA SOLUTIONS INC
 
COMMON STOCK
 
 **
 
751,718

 
 
 
 
NETFLIX INC
 
COMMON STOCK
 
 **
 
385,346

 
 
 
 
NOBLE ENERGY INC
 
COMMON STOCK
 
 **
 
694,527

 
 
 
 
NVIDIA CORP
 
COMMON STOCK
 
 **
 
367,339

 
 
 
 
NXP SEMICONDUCTORS NV
 
COMMON STOCK
 
 **
 
2,127,793

 
 
 
 
PACWEST BANCORP
 
COMMON STOCK
 
 **
 
1,497,079

 
 
 
 
PALO ALTO NETWORKS INC
 
COMMON STOCK
 
 **
 
2,204,392

 
 
 
 
REGENERON PHARMACEUTICALS
 
COMMON STOCK
 
 **
 
6,342,893

 
 
 
 
ROPER TECHNOLOGIES INC
 
COMMON STOCK
 
 **
 
631,431

 
 
 
 
RPM INTERNATIONAL INC
 
COMMON STOCK
 
 **
 
1,920,972

 
 
 
 
S+P GLOBAL INC
 
COMMON STOCK
 
 **
 
4,772,159

 
 
 
 
SEATTLE GENETICS INC
 
COMMON STOCK
 
 **
 
1,663,163

 
 
 
 
SERVICENOW INC
 
COMMON STOCK
 
 **
 
1,901,723

 
 
 
 
SIGNET JEWELERS LTD
 
COMMON STOCK
 
 **
 
3,584,289

 
 
 
 
TD AMERITRADE HOLDING CORP
 
COMMON STOCK
 
 **
 
2,982,075

 
 
 
 
TEXTRON INC
 
COMMON STOCK
 
 **
 
2,821,770

 
 
 
 
TIFFANY & CO
 
COMMON STOCK
 
 **
 
917,693

 
 
 
 
TRACTOR SUPPLY COMPANY
 
COMMON STOCK
 
 **
 
3,047,990

 
 
 
 
TWITTER INC
 
COMMON STOCK
 
 **
 
479,762

 
 
 
 
ULTA SALON, COSMETICS & FRAGRANCE
 
COMMON STOCK
 
 **
 
2,159,505

 
 
 
 
VERISK ANALYTICS INC
 
COMMON STOCK
 
 **
 
1,969,896

 
 
 
 
WASTE CONNECTIONS INC
 
COMMON STOCK
 
 **
 
2,601,871

 
 
 
 
WHITEWAVE FOODS CO
 
COMMON STOCK
 
 **
 
2,553,586

 
 
 
 
WILLIAMS SONOMA INC
 
COMMON STOCK
 
 **
 
1,087,010

 
 
 
 
WORKDAY INC
 
COMMON STOCK
 
 **
 
2,187,535

 
 
Artisan Midcap Investor Fund Total
 
 
 
 
 
147,565,756

 
 
 
 
 
 
 
 
 
 
 
 
 
METWEST TOTAL RETURN FUND
 
 
 
 
 
 
*
 
 
 STATE STREET STIF
 
Money market fund
 
 **
 
2,049,501

 
 
 
 
ACE SECURITIES CORP. ACE 2004 IN1 A1
 
Mortgage - 1.06, 2034
 
 **
 
1,132,573

 
 
 
 
ACTAVIS FUNDING SCS COMPANY GUAR
 
Corporate Bond - 4.75, 2045
 
 **
 
731,284

 
 
 
 
ADJUSTABLE RATE MORTGAGE TRUST ARMT
 
Mortgage - 1.20 2035
 
 **
 
742,467

 
 
 
 
AMER AIRLN 13 1 A PASS T PASS THRU CE
 
Corporate Bond - 4.00, 2027
 
 **
 
363,775

 
 
 
 
AMERICA WEST AIR 2000 1 PASS THRU CE
 
Corporate Bond - 8.06, 2022
 
 **
 
526,295

 
 
 
 
AMERICAN HOME MORTGAGE INVESTM AHM 2004
 
Mortgage - 2.65, 2045
 
 **
 
1,009,394

 
 
 
 
AMERICAN MONEY MANAGEMENT CORP AMMC 2015 16A A1 144A
 
Other Asset Backed - 1.82, 2027
 
 **
 
593,174



20







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2015
#34-1843785 Plan 002
_________________________________________________________________________________________________________________________________________________________

 
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
AT+T INC SR UNSECURED
 
Corporate Bond - 4.80, 2044
 
 **
 
439,486

 
 
 
 
AT+T INC SR UNSECURED
 
Corporate Bond - 4.75, 2046
 
 **
 
196,969

 
 
 
 
BABSON CLO LTD BABSN 2015 IA A 144A
 
Other Asset Backed- 1.71, 2038
 
 **
 
574,864

 
 
 
 
BANC OF AMERICA COMMERCIAL MOR 2006 5 A4
 
Mortgage - 5.41, 2047
 
 **
 
1,900,276

 
 
 
 
BANK OF AMERICA CORP SR UNSECURED
 
Corporate Bond - 2.62, 2020
 
 **
 
493,711

 
 
 
 
BANK OF AMERICA NA SUBORDINATED
 
Corporate Bond - 6.00, 2016
 
 **
 
1,456,385

 
 
 
 
BANK OF AMERICA NA SUBORDINATED
 
Corporate Bond - 5.30, 2017
 
 **
 
204,270

 
 
 
 
BCAP LLC TRUST BCAP 2008 IND2 A1
 
Mortgage - 2.07, 2038
 
 **
 
953,094

 
 
 
 
BEAR STEARNS ADJUSTABLE RATE 2003 7 9A
 
Mortgage - 2.76, 2033
 
 **
 
988,632

 
 
 
 
BIOMED REALTY LP COMPANY GUAR
 
Corporate Bond - 3.85, 2016
 
 **
 
601,840

 
 
 
 
BOARDWALK PIPELINES LLC COMPANY GUAR
 
Corporate Bond - 5.87, 2016
 
 **
 
681,545

 
 
 
 
BURLINGTN NORTH SANTA FE
 
Corporate Bond - 4.15, 2045
 
 **
 
276,430

 
 
 
 
CAPITAL ONE BANK USA NA SR UNSECURED
 
Corporate Bond - 1.20, 2017
 
 **
 
746,306

 
 
 
 
CCO SAFARI II LLC SR SECURED 144A
 
Corporate Bonds - 4.46, 2022
 
 **
 
592,923

 
 
 
 
CEDAR FUNDING LTD CEDF 2014 3A A1 144A
 
Other Asset Backed - 1.89, 2026
 
 **
 
617,734

 
 
 
 
CELGENE CORP SR UNSECURED 08/45 5
 
Corporate Bond - 5.00, 2045
 
 **
 
351,361

 
 
 
 
CENTEX HOME EQUITY CXHE 2005 D M1
 
Other Asset Backed - 0.85, 2035
 
 **
 
649,184

 
 
 
 
CENTEX HOME EQUITY CXHE 2005 D M2
 
Other Asset Backed - 0.88, 2035
 
 **
 
1,191,501

 
 
 
 
CHASE ISSUANCE TRUST CHAIT 2015 A6 A6
 
Credit Card Receivable - 0.58, 2019
 
 **
 
589,135

 
 
 
 
CITIGROUP INC SR UNSECURED
 
Corporate Bond - 1.30, 2016
 
 **
 
399,021

 
 
 
 
CITIGROUP MORTGAGE LOAN TRUST I 2015 6 2A1 144A
 
Mortgage - 0.49, 2035
 
 **
 
1,041,152

 
 
 
 
COLLEGIATE FUNDING SERVICES ED COELT 2005 A A4
 
Other Asset Backed - 0.80, 2035
 
 **
 
976,483

 
 
 
 
COLUMBIA PIPELINE GROUP COMPANY GUAR 144A
 
Corporate Bond - 2.45, 2018
 
 **
 
733,289

 
 
 
 
CONTL AIRLINES 2009 2 PASS THRU CE
 
Corporate Bond - 7.25, 2021
 
 **
 
730,823

 
 
 
 
DUKE ENERGY CAROLINAS 1ST REF MORT
 
Corporate Bond - 3.75, 2045
 
 **
 
648,308

 
 
 
 
DUQUESNE LIGHT HOLDINGS SR UNSECURED 144A
 
Corporate Bond - 5.9, 2021
 
 **
 
892,159

 
 
 
 
ENCORE CREDIT RECEIVABLES TRUS ECR 2005 4 M1
 
Other Asset Backed - 0.84, 2036
 
 **
 
998,363

 
 
 
 
ENERGY TRANSFER PARTNERS SR UNSECURED
 
Corporate Bond - 2.50, 2018
 
 **
 
459,432

 
 
 
 
ENERGY TRANSFER PARTNERS SR UNSECURED
 
Corporate Bond - 5.15, 2045
 
 **
 
311,300

 
 
 
 
ESSEX PORTFOLIO LP COMPANY GUAR
 
Corporate Bond - 5.50, 2017
 
 **
 
468,507

 
 
 
 
FANNIE MAE NOTES
 
Government Issues - 0.42, 2017
 
 **
 
2,376,432

 
 
 
 
FANNIE MAE NOTES
 
Government Issues - 0.27, 2017
 
 **
 
2,365,445

 
 
 
 
FANNIEMAE ACES FNA 2012 M11 FA
 
Mortgage - 0.69, 2019
 
 **
 
967,955



21







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2015
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FANNIEMAE ACES FNA 2015 M1 A2
 
Mortgage - 2.53, 2024
 
 **
 
1,119,538

 
 
 
 
FANNIEMAE ACES FNA 2015 M4 FA
 
Mortgage - 0.40, 2018
 
 **
 
1,088

 
 
 
 
FARMERS EXCHANGE CAP III SUBORDINATED 144A
 
Corporate Bond - 5.45, 2054
 
 **
 
699,753

 
 
 
 
FED HM LN PC POOL G07848 FG
 
Mortgage - 3.50, 2044
 
 **
 
2,058,514

 
 
 
 
FED HM LN PC POOL G07924 FG
 
Mortgage - 3.50, 2045
 
 **
 
2,102,429

 
 
 
 
FED HM LN PC POOL G08636 FG
 
Mortgage - 3.50, 2045
 
 **
 
9,801

 
 
 
 
FED HM LN PC POOL G08653 FG
 
Mortgage - 3.00, 2045
 
 **
 
1,744,432

 
 
 
 
FED HM LN PC POOL G08659 FG
 
Mortgage - 3.50, 2045
 
 **
 
2,028,023

 
 
 
 
FED HM LN PC POOL G08669 FG
 
Mortgage - 4.00, 2045
 
 **
 
1,168,370

 
 
 
 
FED HM LN PC POOL G08671 FG
 
Mortgage - 3.50, 2045
 
 **
 
2,343,822

 
 
 
 
FED HM LN PC POOL G08672 FG
 
Mortgage - 4.00, 2045
 
 **
 
1,171,817

 
 
 
 
FED HM LN PC POOL G08676 FG
 
Mortgage - 3.50, 2045
 
 **
 
1,485,580

 
 
 
 
FED HM LN PC POOL G08677 FG
 
Mortgage - 4.00, 2045
 
 **
 
954,147

 
 
 
 
FED HM LN PC POOL G18565 FG
 
Mortgage - 3.00, 2030
 
 **
 
540,654

 
 
 
 
FED HM LN PC POOL G18568 FG
 
Mortgage - 2.50, 2030
 
 **
 
1,505,212

 
 
 
 
FED HM LN PC POOL G60023 FG
 
Mortgage - 3.50, 2045
 
 **
 
2,236,112

 
 
 
 
FED HM LN PC POOL G60080 FG
 
Mortgage - 3.50, 2045
 
 **
 
2,279,657

 
 
 
 
FED HM LN PC POOL G60238 FG
 
Mortgage - 3.50, 2045
 
 **
 
244,447

 
 
 
 
FEDERAL HOME LOAN BANK BONDS
 
Government Issues - 1.25, 2030
 
 **
 
1,187,697

 
 
 
 
FHLMC MULTIFAMILY STRUCTURED P FHMS KF02 A1
 
Mortgage - 0.80, 2020
 
 **
 
640,722

 
 
 
 
FHLMC MULTIFAMILY STRUCTURED P FHMS KGRP A
 
Mortgage - 0.57, 2020
 
 **
 
769,156

 
 
 
 
FHLMC MULTIFAMILY STRUCTURED P FHMS KS03 A4
 
Mortgage - 3.16, 2025
 
 **
 
231,844

 
 
 
 
FIRST CHI NBD INST CAP I LIMITD GUARA
 
Corporate Bond - 0.88, 2027
 
 **
 
106,875

 
 
 
 
FNMA POOL 467944 FN
 
Mortgage - 4.25, 2021
 
 **
 
533,844

 
 
 
 
FNMA POOL 468822 FN
 
Mortgage - 4.1, 2021
 
 **
 
494,024

 
 
 
 
FNMA POOL 471713 FN
 
Mortgage - 2.85, 2022
 
 **
 
398,395

 
 
 
 
FNMA POOL AL0151 FN
 
Mortgage - 4.38, 2021
 
 **
 
1,150,660

 
 
 
 
FNMA POOL AL0705 FN
 
Mortgage - 3.47, 2020
 
 **
 
220,760

 
 
 
 
FNMA POOL AL3382 FN
 
Mortgage - 2.35, 2023
 
 **
 
316

 
 
 
 
FNMA POOL AL6167 FN
 
Mortgage - 3.50, 2044
 
 **
 
2,236,396

 
 
 
 
FNMA POOL AL6829 FN
 
Mortgage - 2.96, 2027
 
 **
 
788,392

 
 
 
 
FNMA POOL AM2749 FN
 
Mortgage - 2.83, 2023
 
 **
 
401,691

 
 
 
 
FNMA POOL AM4125 FN
 
Mortgage - 3.74, 2023
 
 **
 
551,933

 
 
 
 
FNMA POOL AM4493 FN
 
Mortgage - 3.92, 2023
 
 **
 
530,256

 
 
 
 
FNMA POOL AM8774 FN
 
Mortgage - 2.67, 2025
 
 **
 
543,686



22







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2015
#34-1843785 Plan 002
_________________________________________________________________________________________________________________________________________________________

(a)
 
(b)
 
(c)
 
(d)
 
(e)
 
 
Identity of issue, borrower, lessor or similar party
 
Description of investment, including maturity date, rate of interest, collateral, par or maturity value
 
Cost
 
Current Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FNMA POOL FN0001 FN
 
Mortgage - 3.76, 2020
 
 **
 
593,766

 
 
 
 
FNMA TBA 15 YR 2.5 SINGLE FAMILY
 
Mortgage - 2.50, 2031
 
 **
 
2,413,933

 
 
 
 
FNMA TBA 30 YR 3 SINGLE FAMILY
 
Mortgage - 3.00, 2046
 
 **
 
3,305,030

 
 
 
 
FNMA TBA 30 YR 3.5 SINGLE FAMILY
 
Mortgage - 3.50, 2046
 
 **
 
7,340,711

 
 
 
 
FNMA TBA 30 YR 4 SINGLE FAMILY
 
Mortgage - 4.00 2046
 
 **
 
2,174,543

 
 
 
 
FNMA TBA 30 YR 4.5 SINGLE FAMILY
 
Mortgage - 4.50, 2046
 
 **
 
2,051,763

 
 
 
 
FORD MOTOR CREDIT CO LLC
 
Corporate Bond - 1.70, 2016
 
 **
 
1,000,980

 
 
 
 
GENERAL ELECTRIC CO SR UNSECURED
 
Corporate Bond - 4.50, 2044
 
 **
 
823,306

 
 
 
 
GENERAL MOTORS CO SR UNSECURED
 
Corporate Bond - 3.50, 2018
 
 **
 
353,514

 
 
 
 
GILEAD SCIENCES INC SR UNSECURED
 
Corporate Bond - 4.50, 2045
 
 **
 
342,357

 
 
 
 
GNMA II POOL MA2754 G2
 
Mortgage - 3.50, 2045
 
 **
 
8,670

 
 
 
 
GNMA II POOL MA2961 G2
 
Mortgage - 3.50, 2045
 
 **
 
1,076,781

 
 
 
 
GNMA II POOL MA3033 G2
 
Mortgage - 3.00, 2045
 
 **
 
1,000,576

 
 
 
 
GNMA II POOL MA3104 G2
 
Mortgage - 3.00, 2045
 
 **
 
2,104,990

 
 
 
 
GNMA II POOL MA3173 G2
 
Mortgage - 3.50, 2045
 
 **
 
1,210,123

 
 
 
 
GNMA II POOL MA3174 G2
 
Mortgage - 4.00, 2045
 
 **
 
1,108,815

 
 
 
 
GNMA II TBA 30 YR 3.5 JUMBOS
 
Mortgage - 3.50, 2046
 
 **
 
2,845,919

 
 
 
 
GNMA II TBA 30 YR 4.5 JUMBOS
 
Mortgage - 4.50, 2046
 
 **
 
537,188

 
 
 
 
GOLDMAN SACHS GROUP INC
 
Corporate Bond - 3.75, 2025
 
 **
 
604,001

 
 
 
 
GOLDMAN SACHS GROUP INC
 
Corporate Bond - 5.25, 2021
 
 **
 
304,046

 
 
 
 
GOLDMAN SACHS GROUP INC
 
Corporate Bond - 4.75, 2045
 
 **
 
347,682

 
 
 
 
GOLDMAN SACHS GROUP INC
 
Corporate Bond - 2.01, 2023
 
 **
 
302,663

 
 
 
 
GREENPOINT MORTGAGE FUNDING TR GPMF 2005 HY1 1A1A
 
Mortgage - 0.69, 2035
 
 **
 
930,106

 
 
 
 
HARBORVIEW MORTGAGE LOAN TRUST HVMLT 2005 9 2A1A
 
Mortgage - 0.74, 2035
 
 **
 
1,013,609

 
 
 
 
HBOS PLC SUBORDINATED 144A
 
Corporate Bond - 6.75, 2018
 
 **
 
681,659

 
 
 
 
HCP INC SR UNSECURED
 
Corporate Bond - 3.75, 2016
 
 **
 
500,704

 
 
 
 
HCP INC SR UNSECURED
 
Corporate Bond - 4.2, 2024
 
 **
 
769,871

 
 
 
 
HIGHER EDUCATION FUNDING
 
Other Asset Backed - 1.44, 2034
 
 **
 
1,019,911

 
 
 
 
INTERNATIONAL TRANSMISSI 1ST MORTGAGE 144A
 
Corporate Bond - 4.62, 2043
 
 **
 
621,589

 
 
 
 
INTL LEASE FINANCE CORP SR SECURED 144A
 
Corporate Bond - 7.12, 2018
 
 **
 
513,750

 
 
 
 
INTL LEASE FINANCE CORP SR SECURED
 
Corporate Bond - 6.75, 2016
 
 **
 
328,875

 
 
 
 
JP MORGAN CHASE BANK
 
Corporate Bond - 0.83, 2016
 
 **
 
299,554

 
 
 
 
JP MORGAN CHASE COMMERCIAL MOR 2011 C4 A2 144A
 
Mortgage - 3.34, 2046
 
 **
 
496,835

 
 
 
 
JP MORGAN CHASE COMMERCIAL MOR JPMCC 2011 PLSD A1 144A
 
Mortgage - 2.19, 2028
 
 **
 
17,541



23







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2015
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
JP MORGAN MORTGAGE ACQUISITION JPMAC 2005 FLD1 M3
 
Mortgage - 1.20, 2035
 
 
 
980,301

 
 
 
 
JPM CHASE CAPITAL XXIII LIMITD GUARA
 
Corporate Bond - 1.36, 2077
 
 **
 
1,053,500

 
 
 
 
JPMORGAN CHASE + CO SR UNSECURED
 
Corporate Bond - 4.25, 2020
 
 **
 
996,567

 
 
 
 
JPMORGAN CHASE + CO SR UNSECURED
 
Corporate Bond - 2.55, 2020
 
 **
 
424,338

 
 
 
 
KIMCO REALTY CORP SR UNSECURED
 
Corporate Bond - 5.78, 2016
 
 **
 
403,786

 
 
 
 
KKR GROUP FINANCE CO III COMPANY GUAR 144A
 
Corporate Bond - 5.12, 2044
 
 **
 
220,354

 
 
 
 
MAGNETITE CLO LTD MAGNE 2014 9A A1 144A
 
Other Asset Backed - 1.73, 2026
 
 **
 
590,617

 
 
 
 
MAGNETITE CLO LTD MAGNE 2015 12A A 144A
 
Other Asset Backed - 1.82, 2027
 
 **
 
595,994

 
 
 
 
METROPOLITAN WEST FLOATING RAT
 
Mutual Funds
 
 **
 
2,424,939

 
 
 
 
METROPOLITAN WEST HIGH YIELD
 
Mutual Funds
 
 **
 
4,475,117

 
 
 
 
MICROSOFT CORP SR UNSECURED
 
Corporate Bond - 3.75, 2045
 
 **
 
322,495

 
 
 
 
MICROSOFT CORP SR UNSECURED
 
Corporate Bond - 3.12, 2025
 
 **
 
718,793

 
 
 
 
MLCC MORTGAGE INVESTORS INC MLCC 2004 A A1
 
Mortgage - 0.88, 2029
 
 **
 
1,003,551

 
 
 
 
MORGAN STANLEY SR UNSECURED
 
Corporate Bond - 5.95, 2017
 
 **
 
1,182,860

 
 
 
 
MORTGAGEIT TRUST MHL 2005 2 1A1
 
Mortgage - 0.68, 2035
 
 **
 
843,657

 
 
 
 
NATIONSTAR HOME EQUITY LOAN TR NSTR 2006 B AV4
 
Other Asset Backed - 0.70, 2036
 
 **
 
1,210,265

 
 
 
 
NATIONWIDE MUTUAL INSURA SUBORDINATED 144A 12/24 VAR
 
Corporate Bond - 2.80, 2024
 
 **
 
386,884

 
 
 
 
NAVIENT STUDENT LOAN TRUST NAVSL 2015 2 A3
 
Other Asset Backed - 0.99, 2040
 
 **
 
1,112,623

 
 
 
 
NELNET STUDENT LOAN TRUST NSLT 2015 2A A2 144A
 
Other Asset Backed- 1.02, 2042
 
 **
 
963,983

 
 
 
 
NELNET STUDENT LOAN TRUST NSLT 2015 3A A2 144A
 
Other Asset Backed -1.02, 2046
 
 **
 
1,148,342

 
 
 
 
NEW YORK CITY NY MUNI WTR FIN NYCUTL
 
Municipal Bond - 5.95, 2042
 
 **
 
879,093

 
 
 
 
NEW YORK CITY NY TRANSITIONAL NYCGEN
 
Municipal Bond - 5.57, 2038
 
 **
 
515,245

 
 
 
 
NEW YORK ST DORM AUTH ST PERSO NYSHGR
 
Municipal Bond - 5.28, 2033
 
 **
 
583,120

 
 
 
 
NOBLE ENERGY INC SR UNSECURED
 
Corporate Bond - 5.25, 2043
 
 **
 
60,504

 
 
 
 
NYU HOSPITALS CENTER UNSECURED
 
Corporate Bond - 4.784, 2044
 
 **
 
499,116

 
 
 
 
PENNSYLVANIA HIGHER EDUCATION PHEAA 2015 1A A 144A
 
Other Asset Backed - 1.02, 2041
 
 **
 
1,063,360

 
 
 
 
POTOMAC ELECTRIC POWER 1ST MORTGAGE
 
Corporate Bond - 4.15, 2043
 
 **
 
485,127

 
 
 
 
RECKSON OPERATING PRTSHP COMPANY GUAR
 
Corporate Bond - 6.00, 2016
 
 **
 
529,897

 
 
 
 
RELIANCE STAND LIFE II SECURED 144A
 
Corporate Bond - 2.15, 2018
 
 **
 
472,194

 
 
 
 
RESIDENTIAL ASSET SECURITIES C RASC 2005 KS12 A3
 
Other Asset Backed - 0.74, 2036
 
 **
 
732,821



24







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2015
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
RESIDENTIAL ASSET SECURITIES C RASC 2005 KS7 M2
 
Other Asset Backed - 0.88, 2036
 
 **
 
502,143

 
 
 
 
ROYAL BK SCOTLND GRP PLC SR UNSECURED
 
Corporate Bond - 1.87, 2017
 
 **
 
995,815

 
 
 
 
SEQUOIA MORTGAGE TRUST SEMT 2003 8 A1
 
Mortgage - 0.84, 2034
 
 **
 
934,190

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2004 10 A6A 144A
 
Other Asset Backed - 0.86, 2026
 
 **
 
1,184,681

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2005 7 A4
 
Other Asset Backed - 0.46, 2029
 
 **
 
1,171,845

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2007 1 A5
 
Other Asset Backed - 0.40, 2026
 
 **
 
1,051,276

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2008 2 B
 
Other Asset Backed - 1.51, 2083
 
 **
 
163,603

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2008 4 B
 
Other Asset Backed - 2.16, 2029
 
 **
 
222,411

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2008 5 A4
 
Other Asset Backed - 2.01, 2023
 
 **
 
966,673

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2008 5 B
 
Other Asset Backed - 2.16, 2029
 
 **
 
371,320

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2008 8 B
 
Other Asset Backed - 2.56, 2029
 
 **
 
219,137

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2008 9 A
 
Other Asset Backed - 1.81, 2023
 
 **
 
1,007,610

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2008 9 B
 
Other Asset Backed - 2.56, 2083
 
 **
 
367,347

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2012 5 A2
 
Other Asset Backed - 0.72, 2019
 
 **
 
771,905

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2012 6 A3
 
Other Asset Backed - 1.71, 2026
 
 **
 
1,178,336

 
 
 
 
SLM STUDENT LOAN TRUST SLMA 2013 4 A
 
Other Asset Backed - 0.97, 2027
 
 **
 
862,263

 
 
 
 
SOUTHERN CALIF GAS CO 1ST MORTGAGE
 
Corporate Bond - 3.75, 2042
 
 **
 
466,192

 
 
 
 
SOUTHWESTERN ELEC POWER
 
Corporate Bond - 3.90, 2045
 
 **
 
612,938

 
 
 
 
SPECTRA ENERGY PARTNERS
 
Corporate Bond - 4.50, 2045
 
 **
 
307,390

 
 
 
 
STRUCTURED ASSET MORTGAGE INVE SAMI 2004 AR2 2A
 
Mortgage - 4.37, 2034
 
 **
 
1,020,160

 
 
 
 
TC PIPELINES LP SR UNSECURED
 
Corporate Bond - 4.37, 2025
 
 **
 
483,044

 
 
 
 
TCW EMERGING MARKETS INCOME FU TCW EMERG MKTS INCOME I
 
Mutual Funds
 
 **
 
1,095,415

 
 
 
 
TREASURY BILL
 
Cash Equivalent - 0.01, 2016
 
 **
 
5,678,400

 
 
 
 
TREASURY BILL
 
Cash Equivalent - 0.01, 2016
 
 **
 
6,361,313

 
 
 
 
TSY INFL IX N/B
 
US Treasury - 1.37, 2044
 
 **
 
4,586,439

 
 
 
 
TSY INFL IX N/B
 
US Treasury - 0.75, 2045
 
 **
 
3,571,220

 
 
 
 
TSY INFL IX N/B
 
US Treasury - 2.50, 2016
 
 **
 
1,793,153

 
 
 
 
TSY INFL IX N/B
 
US Treasury - 0.25, 2025
 
 **
 
657,080

 
 
 
 
TSY INFL IX N/B
 
US Treasury - 1.25, 2016
 
 **
 
402,239

 
 
 
 
TSY INFL IX N/B
 
US Treasury - 0.37, 2025
 
 **
 
131,408

 
 
 
 
UAL 2009 1 PASS THRU TR PASS THRU CE 0
 
Corporate Bond - 10.4, 2018
 
 **
 
222,636

 
 
 
 
UBS AG STAMFORD CT SR UNSECURED
 
Corporate Bond - 1.80, 2018
 
 **
 
459,230

 
 
 
 
UBS AG STAMFORD CT SR UNSECURED
 
Corporate Bond - 1.37, 2017
 
 **
 
348,332

 
 
 
 
UNITED STATES OF AMER TREAS
 
Cash Equivalent - 0.01, 2016
 
 **
 
35,000



25







FirstEnergy Corp. Savings Plan
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
December 31, 2015
#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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
UNITED STATES OF AMER TREAS
 
US Treasury - 0.00, 2016
 
 **
 
65,000

 
 
 
 
UNITEDHEALTH GROUP INC SR UNSECURED
 
Corporate Bond - 4.62, 2035
 
 **
 
368,532

 
 
 
 
UNIV OF CALIFORNIA CA REVENUES UNVHGR
 
Municipal Bond - 3.93, 2045
 
 **
 
532,857

 
 
 
 
US 5YR NOTE (CBT) MAR16 XCBT 20160331
 
Future
 
 **
 
8,045,781

 
 
 
 
US TREASURY N/B
 
US Treasury - 3.00, 2045
 
 **
 
15,770,778

 
 
 
 
US TREASURY N/B
 
US Treasury - 1.37, 2020
 
 **
 
6,714,321

 
 
 
 
US TREASURY N/B
 
US Treasury - 2.25, 2025
 
 **
 
1,176,589

 
 
 
 
US TREASURY N/B
 
US Treasury - 0.87, 2017
 
 **
 
6,585,661

 
 
 
 
US TREASURY N/B
 
US Treasury - 1.62, 2020
 
 **
 
10,292,029

 
 
 
 
US TREASURY N/B
 
US Treasury - 1.75, 2020
 
 **
 
3,240,224

 
 
 
 
US TREASURY N/B
 
US Treasury - 1.00, 2017
 
 **
 
4,134,825

 
 
 
 
US TREASURY N/B
 
US Treasury - 0.75, 2017
 
 **
 
6,902,440

 
 
 
 
VERIZON COMMUNICATIONS
 
Corporate Bond - 4.86, 2046
 
 **
 
454,427

 
 
 
 
VERIZON COMMUNICATIONS
 
Corporate Bond - 2.50, 2016
 
 **
 
251,950

 
 
 
 
VERIZON COMMUNICATIONS
 
Corporate Bond - 4.52, 2048
 
 **
 
357,718

 
 
 
 
VNO MORTGAGE TRUST VNDO 2012 6AVE A 144A
 
Mortgage - 2.99, 2030
 
 **
 
236,440

 
 
 
 
VOYA CLO LTD VOYA 2015 1A A1 144A
 
Other Asset Backed - 1.79, 2027
 
 **
 
504,391

 
 
 
 
WAL MART STORES INC SR UNSECURED
 
Corporate Bond - 4.75, 2043
 
 **
 
295,781

 
 
 
 
WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR1 A1A
 
Mortgage - 1.06, 2045
 
 **
 
873,093

 
 
 
 
WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR13 A1A2
 
Mortgage - 1.70, 2045
 
 **
 
1,032,258

 
 
 
 
WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR2 2A1A
 
Mortgage - 0.73, 2045
 
 **
 
936,338

 
 
 
 
WEA FINANCE LLC/WESTFIEL COMPANY GUAR 144A
 
Corporate Bond - 2.70, 2019
 
 **
 
644,644

 
 
 
 
WELLS FARGO HOME EQUITY TRUST WFHET 2006 1 A4
 
Other Asset Backed - 0.65, 2036
 
 **
 
813,825

 
 
 
 
WELLTOWER INC SR UNSECURED
 
Corporate Bond - 3.62, 2016
 
 **
 
803,476

 
 
 
 
WI TREASURY SEC.
 
Cash Equivalent - 0.01, 2016
 
 **
 
1,274,903

 
 
 
 
Total Metwest Total Return Fund
 
 
 
 
 
246,938,050

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Investments
 
 
 
3,363,763,796

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

 
59,649,938

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
3,423,413,734

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


26






FirstEnergy Corp. Savings Plan
Schedule H, line 4j - Schedule of Reportable Transactions
For the Year Ended December 31, 2015
#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 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
*
 
STATE STREET STIF
 
$215,073,734
 
N/A
 
N/A
 
$

 
$
215,073,734

 
$
215,073,734

 
N/A
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
EQUITY INDEX FUND M
 
$
700,034,821

 
N/A
 
N/A
 
$

 
$
700,034,821

 
$
700,034,821

 
N/A
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
BLACKROCK EQUITY INDEX FUND - M
 
N/A
 
$700,034,821
 
N/A
 
$

 
$
700,034,821

 
$
700,034,821

 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PIMCO TOTAL RETURN FUND
 
N/A
 
$
215,239,710

 
 
 
$

 
$
218,823,772

 
$
215,239,710

 
$(3,584,062)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Series
 
 
 
 
 
 
 
 
 
 
 
 
*
 
STATE STREET STIF
 
$
937,447,157

 
N/A
 
N/A
 
$

 
$
937,447,157

 
$
937,447,157

 
N/A
 
 
699 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
*
 
STATE STREET STIF
 
N/A
 
$
930,880,387

 
N/A
 
$

 
$
930,880,386

 
$
930,880,387

 
$
1

 
 
1011 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
BLACKROCK EQUITY INDEX FUND - M
 
$
14,715,854

 
N/A
 
N/A
 
$

 
$
14,715,854

 
$
14,715,854

 
N/A
 
 
16 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
BLACKROCK EQUITY INDEX FUND - M
 
N/A
 
$801,121,121
 
N/A
 
$

 
$
794,692,035

 
$
801,121,121

 
$6,429,086
 
 
169Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


27






FirstEnergy Corp. Savings Plan
Schedule H, line 4j - Schedule of Reportable Transactions
For the Year Ended December 31, 2015
#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)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
EQUITY INDEX FUND M
 
$
711,910,119

 
N/A
 
N/A
 
$

 
$
711,910,119

 
$
711,910,119

 
N/A
 
 
16 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
EQUITY INDEX FUND M
 
N/A
 
$
11,979,766

 
N/A
 
$

 
$
11,078,346

 
$
11,979,766

 
$
901,420

 
 
43 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PIMCO TOTAL RETURN FUND
 
$
10,984,441

 
N/A
 
N/A
 
$

 
$
10,984,441

 
$
10,984,441

 
N/A
 
 
38 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PIMCO TOTAL RETURN FUND
 
N/A
 
$
216,882,019

 
N/A
 
$

 
$
220,490,742

 
$
216,882,019

 
$
(3,608,723
)
 
 
8 Transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
* Parties-in-interest
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 



28


EXHIBIT INDEX



FIRSTENERGY CORP. SAVINGS PLAN



Exhibit
Number


23    Consent of Independent Registered Public Accounting Firm


29


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, 2016
 
 
 
 
 
By
/s/ Ana M. Fluke
 
Ana M. Fluke
 
Chairperson
 
Savings Plan Committee


30