BenefitsLedger
Employer health plan record · Plan year 2024 · Form 5500

Firstenergy Corp

Utilities · Akron, Ohio · EIN ending 3785

Updated Filing received by DOL

Firstenergy Corp, an utilities employer in Akron, Ohio, reported 29,062 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $7.4M in insurance premiums across 10 contracts and $899,098 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 15, 2025, within the extension window.

Participants
29,062
+103.6% vs 2023
Premiums filed
$7.4M
−26.8% vs 2023
Broker commissions + fees
$899,098
+9.7% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on Firstenergy Corp's plan

Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Firstenergy Corp filed for 2024.

Broker or agentCommissionsFeesTotalContracts
Willis Towers Watson · New York, NY$82,616$460,933$543,5493
Aia American Insurance Adminstrator · Mechanicsburg, PA$327,367$0$327,3672
Mercer · Minneapolis, MN$28,182$0$28,1821

Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.

Insurance contracts and carriers

Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.

Carrier · coverageCoveredPremiumBroker payRate
Delta Dental of Ohiodental22,832$7.4M——
Axis Insurance Companycoverage not coded9,119—$318,742—
Carelon Behavioral Healthcoverage not coded12,375———
Genworth Life Insurance Companycoverage not coded170—$28,182—
Metropolitan Life Insurance Companylife2,696—$57,874—
Metropolitan Life Insurance Companylife32,757—$403,059—
Prudential Insurance Company of Americalong-term disability11,801—$82,616—
Vision Service Planvision6,134———
Anthem Blue Cross Blue Shieldhealth, PPO141———
Axis Insurance Companycoverage not coded12,016—$8,625—

Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.

How Firstenergy Corp compares

Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.

Broker commissions + fees, dollars
Firstenergy Corp
$899,098
Commission rate, % of medical premium

Not computable: no insured medical premium on the filing.

Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.

Year over year

$10M$7.4MPremiums$819,451$899,098Broker pay20232024
Firstenergy Corp: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants14,27329,062+103.6%
Premiums filed$10,117,905$7,403,711−26.8%
Broker commissions + fees$819,451$899,098+9.7%
Commission rate———

Source: DOL Form 5500 filings for plan years 2023 and 2024.

Filings and timeliness

Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.

PlanPlan year endReceived by DOLTimingParticipants
Firstenergy Corp Welfare Plan#501 · insurance, trustDecember 31, 2024October 15, 2025within extension29,062

Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.

How much did Firstenergy Corp pay in health insurance broker commissions in 2024?

Firstenergy Corp's 2024 Form 5500 reports $899,098 in broker commissions and fees across 10 insurance contracts ($438,165 in commissions, $460,933 in fees), with Willis Towers Watson receiving the largest share.

Is Firstenergy Corp's health plan self-funded or fully insured?

The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Anthem Blue Cross Blue Shield.

How does Firstenergy Corp's broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Firstenergy Corp because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.

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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.