main11_k.htm
 
 

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, 2010
 
                        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
   
Financial Statements:
 
   Statements of Net Assets Available for Benefits as of
 
  December 31, 2010 and 2009
2
   
   Statement of Changes in Net Assets Available for Benefits
 
   for the Year Ended December 31, 2010
3
   
   Notes to Financial Statements
4-11
   
Supplemental Schedule:
 
    Schedule H, line 4i – Schedule of Assets (Held at End of Year)
 
       as of December 31, 2010
12-24








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 FirstEnergy Corp. Savings Plan as of December 31, 2010 and 2009 and the related statement of changes in net assets available for benefits for the year ended December 31, 2010. 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 FirstEnergy Corp. Savings Plan as of December 31, 2010 and 2009 and the changes in its net assets available for benefits for the year ended December 31, 2010 in conformity with accounting principles generally accepted in the United States of America.

Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedule of assets (held at end of year) as of December 31, 2010, is presented for the purpose of additional analysis and is not a required part of the basic financial statements but is supplementary information required by the United States Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental schedule is the responsibility of the Plan’s management. The supplemental schedule has been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole.



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

June 23, 2011




 
1

 



 FirstEnergy Corp. Savings Plan
 
 
Statement of  Net Assets Available for Benefits
 
   
As of December 31,
 
   
2010
 
2009
 
 Assets
         
 Investments, at fair value (see Notes 5, 6 and 7)
  $ 2,288,866,738   $ 2,157,589,994  
               
 Receivables:
             
    Accrued interest and dividends
    1,893,405     450,764  
    Employer contributions
    18,488,148     25,398,963  
    Participant contributions
    449,314     455,901  
    Notes receivable from participants
    42,899,999     41,952,516  
    Due from brokers
    26,287     -  
         Total receivables
    63,757,153     68,258,144  
       Total assets
    2,352,623,891     2,225,848,138  
               
               
 Liabilities
             
 Administrative expenses payable
    620,326     577,345  
 Due to brokers
    11,976     81,123  
       Total liabilities
    632,302     658,468  
               
 Net assets available for benefits at fair value
    2,351,991,589     2,225,189,670  
               
 Adjustment from fair value to contract value for fully benefit-responsive
             
    investment contracts
    (16,447,494 )   (7,181,946 )
               
 Net assets available for benefits
  $ 2,335,544,095   $ 2,218,007,724  
 
 
 
 
 
 The accompanying notes are an integral part of these financial statements.
 
2

 

 
FirstEnergy Corp. Savings Plan
 
 
Statement of Changes in Net Assets Available for Benefits
 
 
    For the Year Ended  
    December 31,  
   
2010
 
       
Additions:
     
Contributions
     
Employer
  $ 45,652,322  
Participant
    90,270,485  
Total contributions
    135,922,807  
         
 Investment Income:
       
Interest and dividends
    57,190,870  
Net appreciation in fair value of investments (see Note 5)
    71,245,180  
Total investment income
    128,436,050  
         
 Interest income on notes receivable from participants
    2,401,304  
         
Deductions:
       
Distributions to participants
    (146,857,151 )
Administrative expenses
    (2,366,639 )
Total deductions
    (149,223,790 )
         
Increase in net assets available for benefits
    117,536,371  
         
Net assets available for benefits, beginning of year
    2,218,007,724  
         
Net assets available for benefits, end of year
  $ 2,335,544,095  
 
 
 
 
 
The accompanying notes are an integral part of these financial statements.
 
3

 
 
FirstEnergy Corp. Savings Plan
 
 
Notes to Financial Statements
December 31, 2010 and 2009
 
 
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 (IRS Code).

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 ING.

Participation
Generally, all full-time and part-time employees of FirstEnergy and its subsidiaries not represented by a collective bargaining union are eligible participants 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 a contribution rate of 6% is attained. Certain GPU 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 a graduated 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 IRS Code limitations, the Plan allows each participant to contribute 1% to 75% (21% for participants represented by IBEW Local 777 and 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. During any calendar year in which a participant attains age 50 or older, he or she may elect to make additional pre-tax 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 to the Plan will reach the applicable annual Internal Revenue Service (IRS) limit on that type of contribution.

FirstEnergy makes a matching contribution of 50% on the first 6% of compensation contributed by an employee, except for certain GPU union participants who receive a match on the first 4% of eligible contributions. During 2010 and 2009, FirstEnergy made additional discretionary bonus match contributions based on the achievement of certain performance objectives. Effective January 1, 2011, FirstEnergy eliminated future bonus matching contributions.  All employer matching contributions are invested in FirstEnergy common stock, except for certain GPU union participants whose matching contributions are invested in cash. The number of shares of FirstEnergy Common Stock Fund contributed to each Participant is based on the market price of the Stock Fund as determined at the end of each pay period. Plan participants may diversify matching contributions held in FirstEnergy common stock at any time, subject to certain limitations.
 
 
 
4

 
 
FirstEnergy Corp. Savings Plan
 
 
Notes to Financial Statements
December 31, 2010 and 2009
 
 
Participant Accounts
Individual accounts are maintained for each Plan participant. Each participant’s account is credited with the participant’s contributions, employer’s matching contributions and allocated Plan earnings. Participants are vested in the entire value of their account at all times.

Investments
Participants direct the investment of their contributions and account balances into various investment options including ten LifePath Funds that include a diversified mix of asset classes based on expected retirement date, thirteen Plan investment options with different objectives covering a range of asset classes and risk levels, a self-managed brokerage account that offers a participant the ability to invest in any security listed on the NYSE, ASE or NASDAQ and a wide range of mutual funds.

Notes Receivables 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 loan issuances 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. Interest rates on outstanding loan balances as of December 31, 2010 range from 4.25% to 10.5%. 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. The repayments of principal and interest are credited to the participants' account balances within the respective funds. The participant repays the loan and all related interest through payroll deductions.

2.  
Summary of Significant Accounting Policies

The 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. See Note 6 for a discussion of fair value measurements.

Notes receivable from participants represent participant loans and are measured at their unpaid principal balance plus any accrued but unpaid 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. 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 for by the Plan.

3.  
Recently Adopted Accounting Standards

In 2010, the Plan adopted a change in authoritative accounting guidance regarding loans to participants in defined contribution plans. The revised guidance requires participant loans to be measured at their unpaid principal balance plus accrued interest and classified as notes receivable from participants. Loans to participants were reported on the Statements of Net Assets Available for Benefits as of December 31, 2010 and 2009 on this basis.
 
 
 
 
5

 
 
 
 
FirstEnergy Corp. Savings Plan
 
 
Notes to Financial Statements
December 31, 2010 and 2009
 
 
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 should be terminated, in whole or in part, participants will be entitled to withdraw the full value of their accounts, to the extent allowed by law.

5.  
Investments

The fair value of the Plan’s investments as of December 31, 2010 and 2009 are summarized as follows:
 
     
2010
 
2009
 
             
 
Balanced funds
  $ 289,446,162   $ 256,945,761  
 
Bond funds
    161,924,983     123,903,933  
 
Cash and cash equivalents
    6,928,388     5,456,702  
 
Capital preservation fund
    557,011,452     564,502,152  
 
Domestic stocks
    660,488,093     551,796,686  
 
FirstEnergy common stock
    349,888,304     421,933,824  
 
International stocks
    197,354,785     174,037,199  
 
Other Investments
    1,720,070     1,668,088  
 
Self managed brokerage accounts
    64,104,501     57,345,649  
 
      Total investments at fair value
  $ 2,288,866,738   $ 2,157,589,994  

 
 
The Plan’s interest and dividend income as well as the appreciation (depreciation) of investments (including gains and losses on investments bought, sold and held during the year) for the year ended December 31, 2010 were as follows:
 
     
2010
 
         
 
Interest and dividend income
  $ 57,190,870  
           
 
Net appreciation (depreciation) in fair value of investments:
 
 
  Balanced funds
    31,815,342  
 
  Bond funds
    (1,015,861 )
 
  Domestic stocks
    104,494,265  
 
  FirstEnergy common stock
    (86,313,548 )
 
  International stocks
    14,638,462  
 
  Other Investments
    (31,275 )
 
  Self managed brokerage accounts
    7,657,795  
 
      Net appreciation
    71,245,180  
 
Net investment income
  $ 128,436,050  
 
 
 
6

 
 
FirstEnergy Corp. Savings Plan
 
 
Notes to Financial Statements
December 31, 2010 and 2009
 
 
The following presents the fair value of investments that represent 5% or more of the Plan’s net assets as of December 31:
 
     
2010
   
2009
 
               
 
FirstEnergy Common Stock
           
 
   9,451,332 and 9,083,613 shares, respectively
  $ 349,888,304     $ 421,933,824  
 
Capital Preservation Fund
               
 
   540,565,074 and 557,316,126 units, respectively
  $ 557,011,452     $ 564,502,152  
 
SSgA S&P 500 Index Fund
               
 
   1,033,405 and 1,106,003 shares, respectively
  $ 269,069,080     $ 250,250,980  
 
American Funds EuroPacific Growth Fund
               
 
   4,201,909 and 4,011,243 shares, respectively
  $ 173,580,860     $ 153,550,376  
 
PIMCO Total Return Fund Institutional Class
               
 
   14,923,962 and 11,472,586 shares, respectively
  $ 161,924,983     $ 123,903,933  
 
6.  
Fair Value

Fair value is the price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between willing market participants on the measurement date. A fair value hierarchy has been established that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted market prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are as follows:

Level 1 – Quoted prices are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those where transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 assets include registered investment companies and common stocks. Registered investment companies and common stocks are stated at fair value as quoted on a recognized securities exchange and are valued at the last reported sales price on the last business day of the Plan year.

Level 2 – Pricing inputs are either directly or indirectly observable in the market as of the reporting date, other than quoted prices in active markets included in Level 1. Additionally, Level 2 includes those financial instruments that are valued using models or other valuation methodologies based on assumptions that are observable in the marketplace throughout the full term of the instrument, can be derived from observable data or are supported by observable levels at which transactions are executed in the marketplace. These 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 2 investments include common collective trusts, cash and cash equivalents, the self managed brokerage accounts and the Capital Preservation Fund. Common collective trusts are composed of a non-benefit-responsive investment fund. The Capital Preservation Fund is composed of fully benefit-responsive investment contracts. The self managed brokerage accounts are composed of a wide range of investments as directed by participants. The fair value of investments in the non-benefit-responsive investment funds is based upon the quoted redemption value of units owned by the Plan at year end. The fair value of fully benefit-responsive investment contracts is calculated using a discounted cash flow model which considers recent fee bids as determined by recognized dealers, discount rate and the duration of the underlying portfolio securities. Common collective trusts and the Capital Preservation Fund are not available in an exchange and active market; however, the fair value is determined based on the underlying investments as traded in an exchange and active market. The Capital Preservation Fund invests in a portfolio of high-quality short and intermediate-term U.S. bonds, including U.S. government treasuries, corporate debt securities and other high-credit-quality asset-backed securities. The fair value of the
 
 
7

 
 
 
FirstEnergy Corp. Savings Plan
 
 
Notes to Financial Statements
December 31, 2010 and 2009
 
 
    wrapper contracts is based on the wrap contract fees provided by the insurance companies and are included in total fair value of the Capital Preservation Fund.

Level 3 – Pricing inputs include inputs that are generally less observable from objective sources. These inputs may be used with internally developed methodologies that result in management’s best estimate of fair value. The Plan does not have any Level 3 investments.

The following presents the Plan’s investments measured at fair value as of December 31:

     
December 31, 2010
 
     
Level 1
 
Level 2
 
Level 3
 
Total
 
                     
 
Capital Preservation Fund
                 
 
  Cash and cash equivalents
  $ -   $ 9,639,220   $ -   $ 9,639,220  
 
  Guaranteed investment contracts
    -     547,372,232     -     547,372,232  
 
  Total Capital Preservation Fund
    -     557,011,452     -     557,011,452  
                             
 
Cash and Cash Equivalents
    -     5,389,584     -     5,389,584  
                             
 
Common Collective Trusts
                         
 
  Balanced funds
    -     221,970,221     -     221,970,221  
 
  Domestic stocks
    -     390,871,850     -     390,871,850  
 
  Total Common Collective Trusts
    -     612,842,071     -     612,842,071  
                             
 
FirstEnergy Common Stock
    349,484,452     -     -     349,484,452  
                             
 
FirstEnergy MidCap Value Index Fund
                         
 
  Cash and cash equivalents
    -     1,538,804     -     1,538,804  
 
  Domestic stocks
    73,474,850     -     -     73,474,850  
 
  FirstEnergy common stock
    403,852     -     -     403,852  
 
  Other
    -     1,720,070     -     1,720,070  
 
  Total MidCap Value Index Fund
    73,878,702     3,258,874     -     77,137,576  
                             
 
Registered Investment Companies
                         
 
  Balanced funds
    67,475,941     -     -     67,475,941  
 
  Bond funds
    161,924,983     -     -     161,924,983  
 
  Domestic stocks
    196,141,393     -     -     196,141,393  
 
  International stocks
    197,354,785     -     -     197,354,785  
 
  Total Registered Investment Companies
    622,897,102     -     -     622,897,102  
                             
 
Self Managed Brokerage Accounts1
    -     64,104,501     -     64,104,501  
                             
 
Total investments at fair value
  $ 1,046,260,256   $ 1,242,606,482   $ -   $ 2,288,866,738  
                             
 
1 The brokerage account investments are directed by participants.
             
 
 
 
 
 
8

 
 
FirstEnergy Corp. Savings Plan
 
 
Notes to Financial Statements
December 31, 2010 and 2009
 
 
     
December 31, 2009
 
     
Level 1
 
Level 2
 
Level 3
 
Total
 
                     
                     
 
Cash and Cash Equivalents
  $ -   $ 3,732,826   $ -   $ 3,732,826  
                             
 
Common Collective Trusts
                         
 
  Balanced funds
    -     194,865,041     -     194,865,041  
 
  Domestic stocks
    -     344,518,430     -     344,518,430  
 
  Capital preservation investments
    -     564,502,152     -     564,502,152  
 
  Total Common Collective Trusts
    -     1,103,885,623     -     1,103,885,623  
                             
 
FirstEnergy Common Stock
    421,933,824     -     -     421,933,824  
                             
 
FirstEnergy MidCap Value Index Fund
                         
 
  Cash and cash equivalents
    -     1,723,876     -     1,723,876  
 
  Domestic stocks
    49,415,731     -     -     49,415,731  
 
  Other
    -     1,668,088     -     1,668,088  
 
  Total MidCap Value Index Fund
    49,415,731     3,391,964     -     52,807,695  
                             
 
Registered Investment Companies
                         
 
  Balanced funds
    62,080,720     -     -     62,080,720  
 
  Bond funds
    123,903,933     -     -     123,903,933  
 
  Domestic stocks
    157,862,525     -     -     157,862,525  
 
  International stocks
    174,037,199     -     -     174,037,199  
 
  Total Registered Investment Companies
    517,884,377     -     -     517,884,377  
                             
 
Self Managed Brokerage Accounts1
    -     57,345,649     -     57,345,649  
                             
 
Total investments at fair value
  $ 989,233,932   $ 1,168,356,062   $ -   $ 2,157,589,994  
                             
 
1 The brokerage account investments are directed by Participants.
 
 
7.  
Guaranteed Investment Contracts

The Plan has an interest in fully benefit-responsive guaranteed investment contracts and synthetic guaranteed investment contracts (collectively, GICs) as part of the Capital Preservation Fund. Effective January 1, 2010, the Capital Preservation Fund is managed by PIMCO. Prior to 2010, the Capital Preservation Fund was a part of the State Street Stable Fixed Income Fund for Employee Benefit Trusts, a common collective trust managed by State Street.

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 is deemed necessary.
 
 
 
 
9

 
 
 
FirstEnergy Corp. Savings Plan
 
 
Notes to Financial Statements
December 31, 2010 and 2009
 
 
 
The fair value of the traditional GICs included in the Capital Preservation Fund is calculated under the discounted cash flow method using the interpolated swap rate applicable for each cash flow’s pay date. 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.

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.

The average yields of the contracts were 2.19% and 2.43% during the years ended December 31, 2010 and 2009, respectively. The crediting interest rates as of December 31, 2010 and 2009 were 2.83% and 2.88%, respectively. There are fixed crediting interest rates and variable crediting interest rates that reset on a monthly or quarterly basis. The investment contracts have no minimum credit rating.

8.  
Tax Considerations

The Plan is exempt from federal, state and local income taxes. The Plan obtained its latest favorable determination letter on March 24, 2003, in which the IRS stated that the Plan, as then designed, was in compliance with the applicable requirements of the IRS Code. The Plan has been amended and restated 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 IRS Code. An application was submitted to the IRS for a revised favorable determination letter and the IRS acknowledged receipt of the application on November 16, 2010. The IRS has neither approved nor denied the application for a revised determination letter. 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. The Plan is currently under audit by the IRS for the 2006 Plan year. The IRS has requested an audit extension for the current open Plan years 2005, 2006 and 2007 with respect to excise taxes and has requested an extension for the current open Plan year of 2007 with respect to income taxes. The Plan administrator believes that no material adverse adjustments will be required as a result of the audit.

Accounting principles generally accepted in the United States of America require Plan management to evaluate tax positions taken by the Plan and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by taxing authorities. The Plan administrator
 
 
10

 
 
FirstEnergy Corp. Savings Plan
 
 
Notes to Financial Statements
December 31, 2010 and 2009
 
 
has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2010, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements.  The Plan administrator believes it is no longer subject to income tax examinations for years prior to 2005.
 
9.  
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 a regular basis.  The investment and transactions in this investment qualify as party-in-interest transactions.

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.

10.  
Reconciliation of Financial Statements to Form 5500

The following is a reconciliation of net assets available for benefits and investment income per the financial statements to Form 5500 as of December 31, 2010 and 2009 and for the year ending December 31, 2010:
 
     
2010
   
2009
 
               
 
Net assets available for benefits per the financial statements
  $ 2,335,544,095     $ 2,218,007,724  
 
Adjustment from contract value to fair value for fully-benefit
               
 
   responsive investment contracts
    16,447,494       7,181,946  
 
Net assets available for benefits per Form 5500
  $ 2,351,991,589     $ 2,225,189,670  
                   
 
Total investment income per financial statements
  $ 130,837,354          
 
Adjustment from contract value to fair value for fully-benefit
               
 
   responsive investment contracts
    9,265,548          
 
Investment income per Form 5500
  $ 140,102,902          
 
 
11.  
 Subsequent Event

On February 25, 2011, the merger between FirstEnergy and Allegheny Energy Inc. (Allegheny) closed. As part of the merger, Allegheny shareholders received 0.667 of a share of FirstEnergy common stock for each share of Allegheny common stock outstanding as of the date the merger was completed. As of December 31, 2010, the FirstEnergy MidCap Value Index Fund held Allegheny stock with a market value of $145,052.
 
 
 
11

 

FIRSTENERGY CORP. SAVINGS PLAN
SCHEDULE H, LINE 4i
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
December 31, 2010
#34-1843785  Plan 002
(a)
 
 
                                            (b)  
(c)
 
(d)
 
(e)
           
Description of investment,
       
           
including maturity date,
       
   
Identity of issue, borrower,
 
rate of interest, collateral,
     
Current
   
lessor or similar party
 
par or maturity value
 
Cost
 
value
 
  *  
 State Street STIF
 
 Money market fund
 
 **
 
 $           5,547,428
  *  
 FirstEnergy Common Stock Fund
 
 FirstEnergy common stock
 
 **
 
          349,484,452
  *  
 SSgA S&P 500 Index Fund
 
 S&P 500 stocks
 
 **
 
          269,069,080
   
 Fidelity Puritan Fund
 
 Balanced fund
 
 **
 
            67,475,941
   
 Selected American Shares D Fund
 
 Large cap value stocks
 
 **
 
            53,941,704
   
 Artisan Mid Cap Investor Fund
 
 Mid cap growth stocks
 
 **
 
            67,770,862
   
 DFA U.S. Small Cap Value Portfolio
 
 Small cap value stocks
 
 **
 
            74,428,827
  *  
 BlackRock Russell 2000 Growth Fund F
 
 Small cap growth stocks
 
 **
 
            34,787,782
   
 PIMCO Total Return Fund Institutional Class
 
 Bonds
 
 **
 
          161,924,983
   
 American Funds EuroPacific Growth Fund
 
 International stocks
 
 **
 
          173,580,860
   
 BlackRock LifePath Index Retirement Fund J
 
 Blend of stocks, fixed income
 
 **
 
            43,473,520
   
 BlackRock LifePath Index 2015 Fund J
 
 Blend of stocks, fixed income
 
 **
 
            44,291,218
   
 BlackRock LifePath Index 2020 Fund J
 
 Blend of stocks, fixed income
 
 **
 
            49,400,599
   
 BlackRock LifePath Index 2025 Fund J
 
 Blend of stocks, fixed income
 
 **
 
            40,128,813
   
 BlackRock LifePath Index 2030 Fund J
 
 Blend of stocks, fixed income
 
 **
 
            22,679,047
   
 BlackRock LifePath Index 2035 Fund J
 
 Blend of stocks, fixed income
 
 **
 
              7,345,384
   
 BlackRock LifePath Index 2040 Fund J
 
 Blend of stocks, fixed income
 
 **
 
              5,040,183
   
 BlackRock LifePath Index 2045 Fund J
 
 Blend of stocks, fixed income
 
 **
 
              4,003,968
   
 BlackRock LifePath Index 2050 Fund J
 
 Blend of stocks, fixed income
 
 **
 
              5,316,324
   
 BlackRock LifePath Index 2055 Fund J
 
 Blend of stocks, fixed income
 
 **
 
                 291,165
   
 Dodge & Cox International Fund
 
 International stocks
 
 **
 
            23,773,925
   
 BlackRock Russell 1000 Growth Fund T
 
 Large cap growth
 
 **
 
            86,857,144
   
 Self Managed Brokerage Accounts
 
 Equities, fixed income
 
 **
 
            64,104,501
  *  
 Capital Preservation Fund
           
     
 State Street STIF
 
 Money market fund
 
 **
 
              9,639,220
     
 Genworth L & A Insurance Company
 
 Traditional GIC
 
 **
 
            11,634,774
     
 Jackson National Life Insurance Companies
 
 Traditional GIC
 
 **
 
              9,118,555
     
 Royal Bank of Canada
 
 Synthetic GIC - Single Wrap
 
 **
 
                   65,064
     
 JPMorgan Chase Bank, N.A.
 
 Synthetic GICs - Global Wraps
 
 **
 
              1,111,578
     
 Royal Bank of Canada
 
 Synthetic GICs - Global Wraps
 
 **
 
                 198,211
     
 UBS AG, Stamford Branch
 
 Synthetic GICs - Global Wraps
 
 **
 
                 550,020
     
 Black Rock Intermediate
           
       
 Americredit Automobile Rec
 
 1%   06 Aug 2012
 
 **
 
                   24,570
       
 Bcap Llc Trust
 
 1%   25 Feb 2047
 
 **
 
                   51,161
       
 Bear Stearns Alt A Trust
 
 0.9895%   25 Nov 2034
 
 **
 
                   28,467
       
 Capital One Auto Finance Trust
 
 0.27234%   15 Jul 2013
 
 **
 
                 153,170
       
 Countrywide Asset Backed
 
 0.3%   25 Jun 2047
 
 **
 
                   47,680
       
 Countrywide Asset Backed
 
 3.28688%   25 Oct 2037
 
 **
 
                   37,422
       
 Discover Card Master Trust
 
 5.65%   16 Mar 2020
 
 **
 
                 112,700
       
 Fed Hm Ln Pc Pool B15992
 
 5.5%   01 Aug 2019
 
 **
 
                   12,556
       
 Federal Home Ln Mtg Corp
 
 5%   15 Apr 2027
 
 **
 
                   14,525
       
 Federal Natl Mtg
 
 3.31%   25 Feb 2032
 
 **
 
                   17,069
       
 Federal Natl Mtg
 
 4.5%   25 Apr 2035
 
 **
 
                   99,710
       
 Federal Natl Mtg
 
 4.625%   01 May 2013
 
 **
 
                 183,945
       
 Federal Natl Mtg
 
 5.5%   25 Jul 2035
 
 **
 
                   75,159
       
 Federal Natl Mtg
 
 6%   25 Oct 2032
 
 **
 
                   96,687
       
 FHA US
 
 7.43%   01 Dec 2022
 
 **
 
                   24,988
       
 FNMA TBA Single Family Mortgag
 
 4%   01 Dec 2099
 
 **
 
                 398,578
       
 Ford Credit Floorplan Master O
 
 0.50625%   15 Jun 2013
 
 **
 
                   99,734
       
 GNMA Pool 781284
 
 6%   15 Feb 2011
 
 **
 
                          11
       
 Goldman Sachs Group Inc
 
 5.375%   15 Mar 2020
 
 **
 
                   78,493
       
 Honda Auto Receivables Owner T
 
 0.62%   21 Feb 2012
 
 **
 
                 144,021
       
 Indymac Residential Asset Back
 
 4.9525%   25 Jul 2037
 
 **
 
                     2,307
       
 Jpmorgan Chase + Co
 
 4.25%   15 Oct 2020
 
 **
 
                 163,069
       
 Merrill Lynch
 
 7.43%   01 Feb 2023
 
 **
 
                        417
       
 Private Expt Fdg Corp
 
 3.55%   15 Apr 2013
 
 **
 
                 319,609
       
 Prudential Mortgage Capital Fu
 
 6.605%   10 May 2034
 
 **
 
                   54,000
       
 Residential Asset Mortgage Pro
 
 0.5075%   25 Feb 2037
 
 **
 
                     6,275
       
 Sacramento Calif Mun Util Dist
 
 6.156%   15 May 2036
 
 **
 
                     4,770
       
 Santander Drive Auto Rec
 
 1%   15 Aug 2013
 
 **
 
                 174,862
       
 Slc Student Loan Trust
 
 0.4091%   15 Jan 2019
 
 **
 
                 185,910
       
 Slm Student Loan Trust
 
 1%   25 Jul 2023
 
 **
 
                 229,645
       
 Slm Student Loan Trust
 
 4.25%   25 Jan 2028
 
 **
 
                 220,800
       
 State Street Bank + Trust Co
 
 Short Term Fund
 
 **
 
                 771,261
       
 Structured Asset Securities Co
 
 1.00875%   25 Aug 2037
 
 **
 
                   21,575
       
 Tsy Infl Ix
 
 0.5%   15 Apr 2015
 
 **
 
                 650,245
       
 United States Treas Bds
 
 3.5%   15 Feb 2039
 
 **
 
                   43,759
       
 United States Treas Nts
 
 1.875%   15 Jul 2015
 
 **
 
                 117,530
       
 United States Treas Nts
 
 2.25%   31 May 2014
 
 **
 
              2,995,248
 
 
 
 
12

 
 
 
 FIRSTENERGY CORP. SAVINGS PLAN
 SCHEDULE H, LINE 4i
  SCHEDULE OF ASSETS (HELD AT END OF YEAR)
 December 31, 2010
 #34-1843785  Plan 002
 (a)      (b)     (c)    (d)   (e)
           Description of investment,        
           including maturity date,        
       Identity of issue, borrower,    rate of interest, collateral,      
Current
       lessor or similar party    par or maturity value    Cost  
value
                   
     
 United States Treas Nts
 
 4.75%   15 May 2014
 
 **
 
    $           3,201,881
     
 US Treasury
 
 0.01%   31 Mar 2015
 
 **
 
                 234,339
     
 US Treasury
 
 1.25%   31 Aug 2015
 
 **
 
              1,963,322
     
 US Treasury
 
 1.375%   30 Nov 2015
 
 **
 
              1,556,734
     
 US Treasury
 
 1.75%   31 Jan 2014
 
 **
 
              2,539,909
     
 US Treasury
 
 1.75%   31 Jul 2015
 
 **
 
              1,179,727
     
 US Treasury
 
 1.75%   31 Mar 2014
 
 **
 
                 122,871
     
 US Treasury
 
 1.875%   30 Apr 2014
 
 **
 
              3,585,071
     
 US Treasury
 
 1.875%   30 Jun 2015
 
 **
 
              5,764,689
     
 US Treasury
 
 2%   15 Aug 2019
 
 **
 
                 153,458
     
 US Treasury
 
 2.125%   31 May 2015
 
 **
 
              1,134,845
     
 US Treasury
 
 2.25%   31 Oct 2014
 
 **
 
              1,112,113
     
 US Treasury
 
 2.375%   30 Sep 2014
 
 **
 
              4,157,053
     
 US Treasury
 
 2.625%   15 Aug 2020
 
 **
 
                 124,517
     
 US Treasury
 
 2.625%   15 Nov 2020
 
 **
 
                   37,864
     
 US Treasury
 
 3.875%   15 Aug 2040
 
 **
 
                   79,561
     
 US Treasury
 
 7.875%   15 Feb 2021
 
 **
 
                   78,370
     
 WI Treasury
 
 1.25%   31 Oct 2015
 
 **
 
              1,698,500
     
 WI Treasury
 
 2.5%   31 Jul 2014
 
 **
 
                 206,093
     
 WI Treasury Sec
 
 0.5%   15 Oct 2013
 
 **
 
                 430,611
     
 WI Treasury Sec
 
 1.25%   30 Sep 2015
 
 **
 
                 355,267
   
PIMCO Intermediate
           
     
Achmea Hypotheekbank NV Gov GTD 144A
 
Corporate Bond - 3.2, 2014
 
 **
 
              5,232,583
     
AIG Inc
 
Corporate Bond - 3.65, 2014
 
 **
 
                 306,410
     
AIG Inc
 
Cash Equivalent 0.40375, 2012
 
 **
 
                 879,196
     
Altria Group Inc Glbl CO GTD
 
Corporate Bond - 7.75, 2014
 
 **
 
                 590,808
     
AMB Property L.P. SR Unsecured
 
Corporate Bond - 4, 2018
 
 **
 
              1,338,728
     
American Express BK FSB BKNT
 
Corporate Bond - 6, 2017
 
 **
 
              1,360,744
     
Appalachian Power Co SR NT
 
Corporate Bond - 5, 2017
 
 **
 
                 538,658
     
BACM 2004-6 A5 WM13 WC5.3691
 
Mortgage Bond - 4.811, 2042
 
 **
 
              3,159,061
     
BACM 2005-3 A2 SEQ
 
Mortgage Bond - 4.501, 2043
 
 **
 
              1,360,393
     
Bank of America Corp Glbl SR NT
 
Corporate Bond - 7.375, 2014
 
 **
 
              4,711,718
     
Barclays Bank PLC Glbl SR NT
 
Corporate Bond - 5.2, 2014
 
 **
 
                 829,240
     
BP Capital Markets PLC Co GTD
 
Corporate Bond - 4.5, 2020
 
 **
 
              1,010,790
     
BSCMS 2003-T12 A3
 
Mortgage Bond - 4.24, 2039
 
 **
 
                 494,868
     
Canadian Natl Resources Glbl NT
 
Corporate Bond - 5.7, 2017
 
 **
 
                 574,492
     
Cash Collateral FUT BCY USD
 
Cash Equivalent 0.09, 2060
 
 **
 
                   35,003
     
Cash Collateral ISDA RYL USD
 
Cash Equivalent 0.19, 2060
 
 **
 
                 160,025
     
Chait 2005-A7 A7
 
Mortgage Bond - 4.55, 2013
 
 **
 
              5,018,086
     
Chait 2009-A3 A3
 
Mortgage Bond - 2.4, 2013
 
 **
 
              1,261,831
     
Chevron Corp Glbl SR Unsecured
 
Corporate Bond - 3.95, 2014
 
 **
 
              2,135,576
     
Citigroup Inc FRN SR NT
 
Cash Equivalent 2.28563, 2013
 
 **
 
              2,551,650
     
Citigroup Inc Glbl SR Unsecured
 
Corporate Bond - 6.01, 2015
 
 **
 
              1,320,821
     
Comcast Corp Glbl Co GTD
 
Corporate Bond - 6.5, 2017
 
 **
 
                 592,103
     
Credut Suisse Glbl Sub NT
 
Corporate Bond - 5.4, 2020
 
 **
 
              2,410,717
     
CSFB 2002-CKS4 A1 WM12 WC6.8414
 
Cash Equivalent 4.485, 2036
 
 **
 
                 127,326
     
CSFB 2003-CPN1 A1 WM12 WC6.2564
 
Cash Equivalent 3.727, 2035
 
 **
 
                 448,493
     
Daimlerchrysler NA HLDG Glbl Co GTD
 
Corporate Bond - 7.3, 2012
 
 **
 
              2,521,743
     
Digital Realty Trust LP
 
Corporate Bond - 4.5, 2015
 
 **
 
              2,366,252
     
EOG Resources Inc SR Unsecured FRN
 
Cash Equivalent 1.03438, 2014
 
 **
 
              1,303,780
     
Fed HM Ln BK BD (4MMM)
 
Cash Equivalent 3.625, 2011
 
 **
 
              5,175,143
     
Fed Home Ln BK BD (4MMM)
 
Agency Debentures - 3.625, 2013
 
 **
 
              1,581,530
     
Fed Home Ln BK Glbl BD (3MMM)
 
Agency Debentures - 3.625, 2013
 
 **
 
              1,310,237
     
Fed Home Ln Mtg Glbl NT (4MMM)
 
Agency Debentures - 5.125, 2017
 
 **
 
              2,293,296
     
Fed Home Ln Mtg Glbl NT (4MMM)
 
Agency Debentures 3.25, 2011
 
 **
 
                 609,341
     
Fed Home Ln Mtg Glbl NT (4MMM)
 
Agency Debentures - 3.75, 2013
 
 **
 
              2,685,118
     
Fed Home Ln Mtge Glbl (5000MM)
 
Agency Debentures - 5.625, 2011
 
 **
 
              7,705,219
     
Fed Home Ln Mtge Glbl (6000MM)
 
Agency Debentures - 6, 2011
 
 **
 
              1,846,988
     
Fed Home Ln Mtge Glbl NT (4MMM)
 
Agency Debentures - 4.125, 2013
 
 **
 
              4,435,195
     
Fed Home Ln Mtge NT (3000MM)
 
Agency Debentures - 5, 2014
 
 **
 
            12,135,045
     
Fed Home Ln Mtge NT MTN (2MMM)
 
Corporate Bond - 5, 2014
 
 **
 
            26,089,986
     
FHLB QR-9012 1 WM37 WC6.3149 ARM
 
Mortgage Bond - 5, 2012
 
 **
 
              3,025,281
     
FHLMC Gold15YR  #G1-3193
 
Mortgage Bond - 4.5, 2022
 
 **
 
                   82,816
 
 
 
 
13

 
 
 
 FIRSTENERGY CORP. SAVINGS PLAN
 SCHEDULE H, LINE 4i
  SCHEDULE OF ASSETS (HELD AT END OF YEAR)
 December 31, 2010
 #34-1843785  Plan 002
 (a)      (b)     (c)    (d)   (e)
           Description of investment,        
           including maturity date,        
       Identity of issue, borrower,    rate of interest, collateral,      
Current
       lessor or similar party    par or maturity value    Cost  
value
 
     
FHLMC Goldconv  #A2-5163
 
Mortgage Bond - 5.5, 2034
 
 **
 
$               129,197
     
FHLMC Goldconv  #A8-2426
 
Mortgage Bond - 5.5, 2038
 
 **
 
                 149,300
     
FHLMC Goldconv  #A8-2550
 
Mortgage Bond - 5.5, 2038
 
 **
 
                 219,730
     
FHLMC Goldconv  #A8-3004
 
Mortgage Bond - 5.5, 2038
 
 **
 
              1,825,858
     
FHLMC Goldconv  #G0-2203
 
Mortgage Bond - 4.5, 2036
 
 **
 
                   46,026
     
FHLMC Goldconv  #G0-2290
 
Mortgage Bond - 4.5, 2036
 
 **
 
              3,686,233
     
FHLMC Goldconv  #G0-4840
 
Mortgage Bond - 5.5, 2035
 
 **
 
              2,073,693
     
FHLMC Goldconv  #G0-4900
 
Mortgage Bond - 5, 2034
 
 **
 
                 517,933
     
FHR 2684 PE WM32 WC5.4284
 
Mortgage Bond - 5, 2033
 
 **
 
              1,663,294
     
FHR 2764 UE WM32 WC5.4879
 
Mortgage Bond - 5, 2032
 
 **
 
              1,651,699
     
FHR 2978 JC WM33 WC5.8479
 
Cash Equivalent 5.5, 2028
 
 **
 
                 891,262
     
FHR 2980 LC WM34 WC5.954
 
Cash Equivalent 5.5, 2030
 
 **
 
              3,476,564
     
FHR 2984 NB WM34 WC5.9114
 
Cash Equivalent 5.5, 2027
 
 **
 
              1,256,202
     
FHR 3072 A WM32 WC5.9397
 
Cash Equivalent 5.5, 2031
 
 **
 
                 609,593
     
FHR 3197 D WM35 WC5.7235
 
Cash Equivalent 5, 2032
 
 **
 
                 757,874
     
FHR 3198 MG WM31 WC6.4301
 
Mortgage Bond - 6, 2036
 
 **
 
                 828,615
     
FHR 3277 BK WM36 WC6.5608
 
Cash Equivalent 6, 2037
 
 **
 
                 504,815
     
FHR 3305 PA WM35 WC5.9253
 
Cash Equivalent 5.5, 2030
 
 **
 
                 375,624
     
FHR 3318 FL 1MLIB+40
 
Cash Equivalent 0.66125, 2037
 
 **
 
              2,125,230
     
FHR 3666 FC 1MLIB+73
 
Cash Equivalent 0.99125, 2040
 
 **
 
                 953,276
     
FHR 3699 FD 1MLIB+60
 
Cash Equivalent 0.86125, 2040
 
 **
 
              1,522,251
     
FHR 3725 FA 1MLIB+50
 
Cash Equivalent 0.76125, 2039
 
 **
 
                 891,551
     
FHR 3740 DF 1MLIB+48
 
Cash Equivalent 0.74125, 2040
 
 **
 
                 483,175
     
FHR 3743 FA 1MLIB+60
 
Cash Equivalent 0.86125, 2040
 
 **
 
              4,434,368
     
FHR 3747 WF 1MLIB+48
 
Cash Equivalent 0.74125, 2040
 
 **
 
              3,574,401
     
FHR 3751 FG 1MLIB+50
 
Cash Equivalent 0.76125, 2050
 
 **
 
              2,399,578
     
FINL Futures Maintenance ACCT
 
Cash Equivalent 0.1485, 2015
 
 **
 
                 460,131
     
FNBR 2006-B1 AB WM35 WC6.5432
 
Cash Equivalent 6, 2016
 
 **
 
                 292,773
     
FNMA Benchmark NT (1000MM) Glbl
 
Cash Equivalent 6, 2011
 
 **
 
              7,922,681
     
FNMA Glbl NT (3MMM)
 
Cash Equivalent 2.75, 2011
 
 **
 
              1,924,886
     
FNMA Glbl NT (4MMM)
 
Corporate Bond - 3.875, 2013
 
 **
 
                 273,200
     
FNMA Global NT (4000MM)
 
Corporate Bond - 4.625, 2013
 
 **
 
              3,878,479
     
FNMA Pass Thru Dwarf #254721
 
Mortgage Bond - 5, 2018
 
 **
 
                   61,462
     
FNMA Pass Thru Dwarf #255216
 
Mortgage Bond - 5, 2019
 
 **
 
                 131,780
     
FNMA Pass Thru Dwarf #255273
 
Mortgage Bond - 4.5, 2019
 
 **
 
                 201,576
     
FNMA Pass Thru Dwarf #712058
 
Mortgage Bond - 5, 2018
 
 **
 
                   99,726
     
FNMA Pass Thru Dwarf #735375
 
Mortgage Bond - 5, 2020
 
 **
 
              1,143,809
     
FNMA Pass Thru Dwarf #740483
 
Mortgage Bond - 5, 2018
 
 **
 
                 146,674
     
FNMA Pass Thru Dwarf #775494
 
Mortgage Bond - 5, 2019
 
 **
 
                 120,585
     
FNMA Pass Thru Dwarf #923798
 
Mortgage Bond - 4.5, 2020
 
 **
 
                 175,043
     
FNMA Pass Thru Mtg #257042
 
Mortgage Bond - 6.5, 2038
 
 **
 
                 986,449
     
FNMA Pass Thru Mtg #725866
 
Mortgage Bond - 4.5, 2034
 
 **
 
                 168,332
     
FNMA Pass Thru Mtg #933019
 
Mortgage Bond - 6.5, 2037
 
 **
 
                 899,105
     
FNMA Pass Thru Mtg #959532
 
Mortgage Bond - 6.5, 2037
 
 **
 
              1,125,729
     
FNMA Pass Thru Mtg #968050
 
Mortgage Bond - 6.5, 2038
 
 **
 
              2,699,018
     
FNMA Pass Thru Mtg #983502
 
Mortgage Bond - 5.5, 2033
 
 **
 
                 492,227
     
FNMA Pass Thru Mtg #985634
 
Mortgage Bond - 6.5, 2033
 
 **
 
                 922,451
     
FNMA Pass Thru Mtg #AE8712
 
Mortgage Bond - 3.5, 2040
 
 **
 
              2,854,060
     
FNMA TBA 3.5% JAN 15YR
 
Mortgage Bond - 3.5, 2026
 
 **
 
               (108,120)
     
FNMA TBA 3.5% JAN 30YR
 
Mortgage Bond - 3.5, 2041
 
 **
 
                   28,125
     
FNMA TBA 4.5% JAN
 
Mortgage Bond - 4.5, 2041
 
 **
 
               (193,277)
     
FNR 2003-64 HJ WM22 WC5.5757
 
Cash Equivalent 4.5, 2022
 
 **
 
              3,966,621
     
FNR 2006-53 PB WM33 WC5.9338
 
Cash Equivalent 5.5, 2030
 
 **
 
              2,598,152
     
FNR 2006-64 PB WM33 WC5.9418
 
Cash Equivalent 5.5, 2033
 
 **
 
              5,123,383
     
FNR 2007-38 FC 1MLIB+42
 
Cash Equivalent 0.68063, 2037
 
 **
 
              2,353,803
     
FNR 2008-80 ME WM32 WC5.3542
 
Mortgage Bond - 5, 2032
 
 **
 
              1,426,964
     
FNR 2010-111 FC 1MLIB+52
 
Cash Equivalent 0.78063, 2040
 
 **
 
              1,304,947
     
FNR 2010-115 FM 1MLIB+50
 
Cash Equivalent 0.76063, 2040
 
 **
 
              1,310,894
     
FNR 2010-129  FM 1MLIB+50
 
Cash Equivalent 0.76063, 2040
 
 **
 
              2,755,991
     
FUBOA 2001-C1 A2 WM10 WC7.9623
 
Cash Equivalent 6.136, 2033
 
 **
 
                 202,861
     
GCCFC 2004-GG1 A5
 
Cash Equivalent 4.883, 2036
 
 **
 
                 402,316
     
GCCFC 2007-GG9 A2 SEQ WM15 WC5.79
 
Mortgage Bond - 5.381, 2039
 
 **
 
                 796,043
 
 
 
 
14

 
 
 
 FIRSTENERGY CORP. SAVINGS PLAN
 SCHEDULE H, LINE 4i
  SCHEDULE OF ASSETS (HELD AT END OF YEAR)
 December 31, 2010
 #34-1843785  Plan 002
 (a)      (b)     (c)    (d)   (e)
           Description of investment,        
           including maturity date,        
       Identity of issue, borrower,    rate of interest, collateral,      
Current
       lessor or similar party    par or maturity value    Cost  
value
                   
     
General Elec Cap Corp Glbl NT
 
Corporate Bond - 3.5, 2012
 
 **
 
 $            3,096,977
     
GNMA Pass Thru SGL FAML #604412X
 
Mortgage Bond - 5, 2033
 
 **
 
                 150,145
     
GNMA Pass Thru SGL FAML #782034X
 
Mortgage Bond - 6, 2036
 
 **
 
                 681,431
     
ING Bank NV GOVT GTD 144A
 
Corporate Bond - 3.9, 2014
 
 **
 
              1,955,335
     
INTL Finance Corp Glbl SR Unsecur GMTN
 
Corporate Bond - 3, 2014
 
 **
 
              1,804,423
     
IRO USD 1Y C 0.5000 02/14/11 DUB
 
Future 0, 2011
 
 **
 
                 (12,824)
     
IRO USD 1Y P 0.5000 02/14/11 DUB
 
Future 0, 2011
 
 **
 
                 (10,869)
     
IRO USD 2Y P 2.2500 09/24/12 RYL
 
Future 0, 2012
 
 **
 
               (243,889)
     
JPMCC 2002-CIB5 A1
 
Cash Equivalent 4.372, 2037
 
 **
 
                 503,957
     
JPMCC 2003-C1 A1
 
Cash Equivalent 4.275, 2037
 
 **
 
              1,946,560
     
JPMCC 2003-ML1A A1
 
Mortgage Bond - 3.972, 2039
 
 **
 
                 857,695
     
JPMCC 2005-CB13 A3A1
 
Mortgage Bond - 5.279842, 2043
 
 **
 
              2,916,857
     
JPMCC 2006-CB16 A3B
 
Mortgage Bond - 5.579, 2045
 
 **
 
              2,651,448
     
Kinder Morgan ENER Part NT
 
Corporate Bond - 6, 2017
 
 **
 
                 565,235
     
Leaseplan Corporation NV GOV GTD 144A
 
Corporate Bond - 3, 2012
 
 **
 
              1,445,083
     
MSC 2004-T15 A2 WM14 WC5.4528
 
Cash Equivalent 4.69, 2041
 
 **
 
              1,218,410
     
NA Development Bank Glbl SR Unsecured
 
Corporate Bond - 4.375, 2020
 
 **
 
              5,029,204
     
NIBC Bank NV GOVT LIQ GTD 144A
 
Corporate Bond - 2.8, 2014
 
 **
 
              7,651,279
     
Novartis Capital Corp CO GTD
 
Corporate Bond - 4.125, 2014
 
 **
 
              1,902,647
     
Ontario (Province of) Glbl BD
 
Corporate Bond - 4.1, 2014
 
 **
 
              1,624,162
     
Shell International Fin Co GTD
 
Corporate Bond - 1.875, 2013
 
 **
 
              2,755,712
     
State Street STIF
 
Cash Equivalent 0.1485, 2015
 
 **
 
                 435,614
     
STRU BC-1270 FA (FNR 11-3 FA)
 
Cash Equivalent 0.94125, 2041
 
 **
 
                      (826)
     
U S Treasury Bond
 
US Treasury Bond - 9.875, 2015
 
 **
 
              2,076,810
     
U S Treasury Bond
 
US Treasury Bond - 9.25, 2016
 
 **
 
              8,473,387
     
U S Treasury Note
 
US Treasury Bond - 2.75, 2013
 
 **
 
              1,552,376
     
U S Treasury Note
 
US Treasury Bond - 2.375, 2014
 
 **
 
            29,715,856
     
U S Treasury Note
 
US Treasury Bond - 2.375, 2014
 
 **
 
                 147,227
     
U S Treasury Note
 
US Treasury Bond - 2.375, 2014
 
 **
 
            12,504,072
     
U S Treasury Note
 
US Treasury Bond - 3.25, 2016
 
 **
 
            28,393,911
     
U S Treasury Note
 
US Treasury Bond - 2.625, 2014
 
 **
 
            15,748,749
     
U S Treasury Note
 
US Treasury Bond - 2.375, 2015
 
 **
 
              4,570,970
     
U S Treasury Note
 
US Treasury Bond - 3, 2017
 
 **
 
            10,103,514
     
U S Treasury Note
 
US Treasury Bond - 3.25, 2017
 
 **
 
            13,792,734
     
U S Treasury Note
 
US Treasury Bond - 2.125, 2015
 
 **
 
              1,425,150
     
U S Treasury Note
 
US Treasury Bond - 1.875, 2015
 
 **
 
              5,623,480
     
U S Treasury Note
 
US Treasury Bond - 1.75, 2015
 
 **
 
            10,243,660
     
U S Treasury Note
 
US Treasury Bond - 1.25, 2015
 
 **
 
              8,303,760
     
U S Treasury Note
 
US Treasury Bond - 1.25, 2015
 
 **
 
            10,222,639
     
U S Treasury Note
 
US Treasury Bond - 1.375, 2015
 
 **
 
              2,238,272
     
U S Treasury Note
 
US Treasury Bond - 2.25, 2017
 
 **
 
            19,978,398
     
U S Treasury Note
 
US Treasury Bond - 0.5, 2012
 
 **
 
                   51,092
     
U S Treasury Repo
 
Cash Equivalent 0.25, 2011
 
 **
 
              9,700,067
     
U S Treasury Repo
 
Cash Equivalent 0.25, 2011
 
 **
 
            45,243,766
     
UBS AG Jersey Branch EMTN-EUR SUBRD FRN
 
Corporate Bond - 0.45313, 2016
 
 **
 
              1,476,232
     
UBS AG Stamford CT Glbl SR UNSEC FRN
 
Cash Equivalent 1.38438, 2012
 
 **
 
              2,525,692
     
UBS AG Stamford CT Glbl SR UNSEC MTN
 
Corporate Bond - 3.875, 2015
 
 **
 
              1,259,336
     
Wal-Mart Stores Inc SR NT
 
Corporate Bond - 4.25, 2013
 
 **
 
              1,040,563
     
WBCMT 2006-C28 A2 WM15 WC5.987
 
Mortgage Bond - 5.5, 2048
 
 **
 
              1,635,382
     
Wells Fargo Bank NA Glbl SR NT
 
Corporate Bond - 3.625, 2015
 
 **
 
                 731,935
 
 Capital Preservation Fund Total
         
          557,011,452
                   
  *
 FirstEnergy MidCap Value Index Fund
           
     
Aaron S Inc
 
Common Stock
 
 **
 
                   23,979
     
Abercrombie + Fitch Co Cl A
 
Common Stock
 
 **
 
                   40,226
     
Advanced Micro Devices
 
Common Stock
 
 **
 
                 107,395
     
Aecom Technology Corp
 
Common Stock
 
 **
 
                   71,324
     
AES Corp
 
Common Stock
 
 **
 
                 292,271
     
AGCO Corp
 
Common Stock
 
 **
 
                 166,519
     
AGL Resources Inc
 
Common Stock
 
 **
 
                   98,731
     
AK Steel Holding Corp
 
Common Stock
 
 **
 
                   54,561
     
Alberto Culver Co
 
Common Stock
 
 **
 
                   87,303
     
Alere Inc
 
Common Stock
 
 **
 
                   74,957
     
Alexander + Baldwin Inc
 
Common Stock
 
 **
 
                   58,404
 
 
 
 
15

 
 
 
 FIRSTENERGY CORP. SAVINGS PLAN
 SCHEDULE H, LINE 4i
  SCHEDULE OF ASSETS (HELD AT END OF YEAR)
 December 31, 2010
 #34-1843785  Plan 002
 (a)      (b)     (c)    (d)   (e)
           Description of investment,        
           including maturity date,        
       Identity of issue, borrower,    rate of interest, collateral,      
Current
       lessor or similar party    par or maturity value    Cost  
value
                   
     
Alexandria Real Estate Equity
 
Real Estate Inv Trst
 
 **
 
 $             141,758
     
Alleghany Corp
 
Common Stock
 
 **
 
                   74,142
     
Allegheny Energy Inc
 
Common Stock
 
 **
 
                 145,052
     
Alliant Energy Corp
 
Common Stock
 
 **
 
                 146,492
     
Alliant Techsystems Inc
 
Common Stock
 
 **
 
                     5,359
     
Allied World Assurance Co
 
Common Stock
 
 **
 
                   88,803
     
Alpha Natural Resources Inc
 
Common Stock
 
 **
 
                 222,231
     
AMB Property Corp REIT
 
Real Estate Inv Trst
 
 **
 
                 173,834
     
Amdocs Ltd
 
Common Stock
 
 **
 
                 139,548
     
Ameren Corporation
 
Common Stock
 
 **
 
                 240,799
     
American Eagle Outfitters
 
Common Stock
 
 **
 
                   77,919
     
American Financial Group Inc
 
Common Stock
 
 **
 
                   98,194
     
American International Group
 
Common Stock
 
 **
 
                 245,576
     
American National Insurance
 
Common Stock
 
 **
 
                   20,206
     
American Water Works Co Inc
 
Common Stock
 
 **
 
                 155,938
     
Ameriprise Financial Inc
 
Common Stock
 
 **
 
                 423,683
     
AMR Corp
 
Common Stock
 
 **
 
                   63,675
     
Annaly Capital Management In
 
Real Estate Inv Trst
 
 **
 
                 397,448
     
Aol Inc
 
Common Stock
 
 **
 
                   89,624
     
Aon Corp
 
Common Stock
 
 **
 
                 443,674
     
Apartment Invt + Mgmt Co  A
 
Real Estate Inv Trst
 
 **
 
                   55,814
     
Aptargroup Inc
 
Common Stock
 
 **
 
                 114,263
     
Aqua America Inc
 
Common Stock
 
 **
 
                 109,006
     
Arch Capital Group Ltd
 
Common Stock
 
 **
 
                 148,012
     
Arch Coal Inc
 
Common Stock
 
 **
 
                   58,129
     
Ares Capital Corp
 
Common Stock
 
 **
 
                 113,860
     
Armstrong World Industries
 
Common Stock
 
 **
 
                   28,767
     
Arrow Electronics Inc
 
Common Stock
 
 **
 
                 131,006
     
Arthur J Gallagher + Co
 
Common Stock
 
 **
 
                   80,348
     
Ashland Inc
 
Common Stock
 
 **
 
                 128,523
     
Aspen Insurance Holdings Ltd
 
Common Stock
 
 **
 
                   76,988
     
Associated Banc Corp
 
Common Stock
 
 **
 
                   92,945
     
Assurant Inc
 
Common Stock
 
 **
 
                 151,923
     
Assured Guaranty Ltd
 
Common Stock
 
 **
 
                 117,493
     
Atlas Energy Inc
 
Common Stock
 
 **
 
                   34,736
     
Atmel Corp
 
Common Stock
 
 **
 
                   20,611
     
Atmos Energy Corp
 
Common Stock
 
 **
 
                 102,898
     
Atwood Oceanics Inc
 
Common Stock
 
 **
 
                   60,988
     
Autoliv Inc
 
Common Stock
 
 **
 
                 157,170
     
Autonation Inc
 
Common Stock
 
 **
 
                   44,330
     
Avalonbay Communities Inc
 
Real Estate Inv Trst
 
 **
 
                 334,499
     
Avery Dennison Corp
 
Common Stock
 
 **
 
                 155,684
     
Avnet Inc
 
Common Stock
 
 **
 
                 177,008
     
AVX Corp
 
Common Stock
 
 **
 
                   23,592
     
Axis Capital Holdings Ltd
 
Common Stock
 
 **
 
                 111,192
     
Babcock + Wilcox Co/The
 
Common Stock
 
 **
 
                   19,628
     
Ball Corp
 
Common Stock
 
 **
 
                 175,161
     
Bancorpsouth Inc
 
Common Stock
 
 **
 
                   45,346
     
Bank Of Hawaii Corp
 
Common Stock
 
 **
 
                   55,000
     
Be Aerospace Inc
 
Common Stock
 
 **
 
                 128,272
     
Beckman Coulter Inc
 
Common Stock
 
 **
 
                 189,805
     
Bemis Company
 
Common Stock
 
 **
 
                 125,872
     
Bio Rad Laboratories A
 
Common Stock
 
 **
 
                   72,072
     
Bj S Wholesale Club Inc
 
Common Stock
 
 **
 
                   82,340
     
Bok Financial Corporation
 
Common Stock
 
 **
 
                   48,434
     
Booz Allen Hamilton Holding
 
Common Stock
 
 **
 
                     2,448
     
Borgwarner Inc
 
Common Stock
 
 **
 
                   25,181
     
Boston Properties Inc
 
Real Estate Inv Trst
 
 **
 
                 428,261
     
Boston Scientific Corp
 
Common Stock
 
 **
 
                 410,862
     
Brandywine Realty Trust
 
Real Estate Inv Trst
 
 **
 
                   54,592
     
BRE Properties Inc
 
Real Estate Inv Trst
 
 **
 
                   98,267
     
Brinker International Inc
 
Common Stock
 
 **
 
                     8,206
     
Broadridge Financial Solutio
 
Common Stock
 
 **
 
                     9,518
     
Brocade Communications Sys
 
Common Stock
 
 **
 
                   83,217
     
Brookdale Senior Living Inc
 
Common Stock
 
 **
 
                   55,880
 
 
 
 
16

 
 
 
 
 FIRSTENERGY CORP. SAVINGS PLAN
 SCHEDULE H, LINE 4i
  SCHEDULE OF ASSETS (HELD AT END OF YEAR)
 December 31, 2010
 #34-1843785  Plan 002
 (a)      (b)     (c)    (d)   (e)
           Description of investment,        
           including maturity date,        
       Identity of issue, borrower,    rate of interest, collateral,      
Current
       lessor or similar party    par or maturity value    Cost  
value
                   
     
Brown + Brown Inc
 
Common Stock
 
 **
 
  $                45,510
     
Brown Forman Corp Class B
 
Common Stock
 
 **
 
                   63,006
     
Bunge Ltd
 
Common Stock
 
 **
 
                 338,280
     
CA Inc
 
Common Stock
 
 **
 
                   63,129
     
Cablevision Systems Ny Grp A
 
Common Stock
 
 **
 
                 285,610
     
Cabot Corp
 
Common Stock
 
 **
 
                   85,767
     
Cabot Oil + Gas Corp
 
Common Stock
 
 **
 
                 141,710
     
Calpine Corp
 
Common Stock
 
 **
 
                   88,378
     
Camden Property Trust
 
Real Estate Inv Trst
 
 **
 
                 125,665
     
Cameron International Corp
 
Common Stock
 
 **
 
                 187,447
     
Campbell Soup Co
 
Common Stock
 
 **
 
                   90,454
     
Capitalsource Inc
 
Common Stock
 
 **
 
                   83,063
     
Capitol Federal Financial In
 
Common Stock
 
 **
 
                   15,852
     
Carefusion Corp
 
Common Stock
 
 **
 
                 130,916
     
Carlisle Cos Inc
 
Common Stock
 
 **
 
                   81,467
     
Cboe Holdings Inc
 
Common Stock
 
 **
 
                     6,241
     
CBS Corp Class B Non Voting
 
Common Stock
 
 **
 
                 408,508
     
Centerpoint Energy Inc
 
Common Stock
 
 **
 
                 237,073
     
Central Euro Distribution Cp
 
Common Stock
 
 **
 
                   58,784
     
Central European Media Ent A
 
Common Stock
 
 **
 
                   27,859
     
Centurylink Inc
 
Common Stock
 
 **
 
                 496,097
     
Cephalon Inc
 
Common Stock
 
 **
 
                 163,681
     
CF Industries Holdings Inc
 
Common Stock
 
 **
 
                   96,903
     
Charles River Laboratories
 
Common Stock
 
 **
 
                   61,840
     
Chicago Bridge + Iron Ny Shr
 
Common Stock
 
 **
 
                   71,985
     
Chimera Investment Corp
 
Real Estate Inv Trst
 
 **
 
                 143,928
     
Choice Hotels Intl Inc
 
Common Stock
 
 **
 
                   35,706
     
Cigna Corp
 
Common Stock
 
 **
 
                 363,081
     
Cincinnati Financial Corp
 
Common Stock
 
 **
 
                 163,425
     
Cintas Corp
 
Common Stock
 
 **
 
                 131,188
     
CIT Group Inc
 
Common Stock
 
 **
 
                 337,472
     
City National Corp
 
Common Stock
 
 **
 
                   97,010
     
Clear Channel Outdoor Cl A
 
Common Stock
 
 **
 
                   18,069
     
Clearwire Corp Class A
 
Common Stock
 
 **
 
                     5,758
     
Clorox Company
 
Common Stock
 
 **
 
                   17,212
     
CMS Energy Corp
 
Common Stock
 
 **
 
                 158,416
     
CNA Financial Corp
 
Common Stock
 
 **
 
                   26,617
     
CNH Global N.V.
 
Common Stock
 
 **
 
                   36,855
     
Cobalt International Energy
 
Common Stock
 
 **
 
                   33,431
     
Coca Cola Enterprises
 
Common Stock
 
 **
 
                 111,384
     
Comerica Inc
 
Common Stock
 
 **
 
                 266,999
     
Commerce Bancshares Inc
 
Common Stock
 
 **
 
                 109,256
     
Commercial Metals Co
 
Common Stock
 
 **
 
                   65,000
     
Commonwealth REIT
 
Real Estate Inv Trst
 
 **
 
                   66,785
     
Commscope Inc
 
Common Stock
 
 **
 
                 106,398
     
Community Health Systems Inc
 
Common Stock
 
 **
 
                   40,210
     
Computer Sciences Corp
 
Common Stock
 
 **
 
                 274,189
     
Compuware Corp
 
Common Stock
 
 **
 
                   42,129
     
Comstock Resources Inc
 
Common Stock
 
 **
 
                   39,124
     
Con Way Inc
 
Common Stock
 
 **
 
                   63,193
     
Conagra Foods Inc
 
Common Stock
 
 **
 
                 323,888
     
Consol Energy Inc
 
Common Stock
 
 **
 
                 209,874
     
Consolidated Edison Inc
 
Common Stock
 
 **
 
                 499,864
     
Constellation Brands Inc A
 
Common Stock
 
 **
 
                 143,687
     
Constellation Energy Group
 
Common Stock
 
 **
 
                 203,108
     
Continental Resources Inc/Ok
 
Common Stock
 
 **
 
                     6,238
     
Convergys Corp
 
Common Stock
 
 **
 
                   44,422
     
Cooper Cos Inc/The
 
Common Stock
 
 **
 
                   72,453
     
Copa Holdings Sa Class A
 
Common Stock
 
 **
 
                   23,948
     
Corelogic Inc
 
Common Stock
 
 **
 
                   75,413
     
Corn Products Intl Inc
 
Common Stock
 
 **
 
                 122,498
     
Corporate Office Properties
 
Real Estate Inv Trst
 
 **
 
                   79,441
     
Corrections Corp Of America
 
Common Stock
 
 **
 
                   85,079
     
Covanta Holding Corp
 
Common Stock
 
 **
 
                   73,195
     
Coventry Health Care Inc
 
Common Stock
 
 **
 
                 138,125
                                
 
 
 
17

 
 
 
 FIRSTENERGY CORP. SAVINGS PLAN
 SCHEDULE H, LINE 4i
  SCHEDULE OF ASSETS (HELD AT END OF YEAR)
 December 31, 2010
 #34-1843785  Plan 002
 (a)      (b)     (c)    (d)   (e)
           Description of investment,        
           including maturity date,        
       Identity of issue, borrower,    rate of interest, collateral,      
Current
       lessor or similar party    par or maturity value    Cost  
value
                   
     
Crane Co
 
Common Stock
 
 **
 
 $                73,515
     
Cullen/Frost Bankers Inc
 
Common Stock
 
 **
 
                 113,439
     
Cytec Industries Inc
 
Common Stock
 
 **
 
                   93,969
     
Dean Foods Co
 
Common Stock
 
 **
 
                   57,089
     
Del Monte Foods Co
 
Common Stock
 
 **
 
                 132,239
     
Denbury Resources Inc
 
Common Stock
 
 **
 
                 273,159
     
Developers Diversified Rlty
 
Real Estate Inv Trst
 
 **
 
                   99,630
     
Diamond Offshore Drilling
 
Common Stock
 
 **
 
                 112,342
     
Diebold Inc
 
Common Stock
 
 **
 
                   60,382
     
Digital Realty Trust Inc
 
Real Estate Inv Trst
 
 **
 
                     6,855
     
Discover Financial Services
 
Common Stock
 
 **
 
                 360,705
     
Discovery Communications A
 
Common Stock
 
 **
 
                   86,402
     
Discovery Communications C
 
Common Stock
 
 **
 
                   25,646
     
Dish Network Corp A
 
Common Stock
 
 **
 
                 141,591
     
Domtar Corp
 
Common Stock
 
 **
 
                 115,322
     
Douglas Emmett Inc
 
Real Estate Inv Trst
 
 **
 
                   70,650
     
Dover Corp
 
Common Stock
 
 **
 
                 141,917
     
DPL Inc
 
Common Stock
 
 **
 
                 108,136
     
Dr Horton Inc
 
Common Stock
 
 **
 
                 117,487
     
Dr Pepper Snapple Group Inc
 
Common Stock
 
 **
 
                 200,658
     
Dresser Rand Group Inc
 
Common Stock
 
 **
 
                   10,775
     
DTE Energy Company
 
Common Stock
 
 **
 
                 273,461
     
Duke Realty Corp
 
Real Estate Inv Trst
 
 **
 
                 112,937
     
E Trade Financial Corp
 
Common Stock
 
 **
 
                 126,864
     
East West Bancorp Inc
 
Common Stock
 
 **
 
                 102,579
     
Eastman Chemical Co
 
Common Stock
 
 **
 
                 173,373
     
Eaton Corp
 
Common Stock
 
 **
 
                 449,892
     
Echostar Corp A
 
Common Stock
 
 **
 
                   33,135
     
Edison International
 
Common Stock
 
 **
 
                 449,922
     
Education Management Corp
 
Common Stock
 
 **
 
                   10,806
     
El Paso Corp
 
Common Stock
 
 **
 
                 283,140
     
Electronic Arts Inc
 
Common Stock
 
 **
 
                   10,238
     
Emdeon Inc Class A
 
Common Stock
 
 **
 
                     2,627
     
Endo Pharmaceut Hldgs Inc
 
Common Stock
 
 **
 
                 146,590
     
Endurance Specialty Holdings
 
Common Stock
 
 **
 
                   65,005
     
Energen Corp
 
Common Stock
 
 **
 
                 122,629
     
Energizer Holdings Inc
 
Common Stock
 
 **
 
                 179,990
     
EQT Corp
 
Common Stock
 
 **
 
                   14,125
     
Equifax Inc
 
Common Stock
 
 **
 
                 159,132
     
Equity Residential
 
Real Estate Inv Trst
 
 **
 
                 492,070
     
Erie Indemnity Company Cl A
 
Common Stock
 
 **
 
                   17,939
     
Essex Property Trust Inc
 
Real Estate Inv Trst
 
 **
 
                   74,700
     
Everest Re Group Ltd
 
Common Stock
 
 **
 
                 170,319
     
Expedia Inc
 
Common Stock
 
 **
 
                 109,016
     
Exterran Holdings Inc
 
Common Stock
 
 **
 
                   46,104
     
Fairchild Semiconductor Inte
 
Common Stock
 
 **
 
                   71,463
     
Federal Mogul Corp
 
Common Stock
 
 **
 
                     9,953
     
Federal Realty Invs Trust
 
Real Estate Inv Trst
 
 **
 
                   68,267
     
Federated Investors Inc Cl B
 
Common Stock
 
 **
 
                   27,164
     
Fidelity National Finl A
 
Common Stock
 
 **
 
                 111,027
     
Fidelity National Informatio
 
Common Stock
 
 **
 
                 259,137
     
Fifth Third Bancorp
 
Common Stock
 
 **
 
                 417,631
     
First Citizens Bcshs   Cl A
 
Common Stock
 
 **
 
                   36,865
     
First Horizon National Corp
 
Common Stock
 
 **
 
                   98,706
     
First Niagara Financial Grp
 
Common Stock
 
 **
 
                 103,606
     
FirstEnergy Corp
 
Common Stock
 
 **
 
                 403,852
     
Fiserv Inc
 
Common Stock
 
 **
 
                 107,458
     
Flowers Foods Inc
 
Common Stock
 
 **
 
                   45,155
     
Flowserve Corp
 
Common Stock
 
 **
 
                   36,243
     
Fluor Corp
 
Common Stock
 
 **
 
                 398,620
     
FMC Corp
 
Common Stock
 
 **
 
                   64,311
     
Foot Locker Inc
 
Common Stock
 
 **
 
                 108,989
     
Forest City Enterprises Cl A
 
Common Stock
 
 **
 
                   75,239
     
Forest Laboratories Inc
 
Common Stock
 
 **
 
                 326,964
     
Forest Oil Corp
 
Common Stock
 
 **
 
                   55,702
 
 
 
 
18

 
 
 
 FIRSTENERGY CORP. SAVINGS PLAN
 SCHEDULE H, LINE 4i
  SCHEDULE OF ASSETS (HELD AT END OF YEAR)
 December 31, 2010
 #34-1843785  Plan 002
 (a)      (b)     (c)    (d)   (e)
           Description of investment,        
           including maturity date,        
       Identity of issue, borrower,    rate of interest, collateral,      
Current
       lessor or similar party    par or maturity value    Cost  
value
                   
     
Fortune Brands Inc
 
Common Stock
 
 **
 
$             289,140
     
Frontier Communications Corp
 
Common Stock
 
 **
 
                 208,348
     
Frontier Oil Corp
 
Common Stock
 
 **
 
                   69,447
     
Frontline Ltd
 
Common Stock
 
 **
 
                     8,600
     
FTI Consulting Inc
 
Common Stock
 
 **
 
                   10,476
     
Fulton Financial Corp
 
Common Stock
 
 **
 
                   70,819
     
Gamestop Corp Class A
 
Common Stock
 
 **
 
                 126,115
     
Gannett Co
 
Common Stock
 
 **
 
                 129,638
     
Gardner Denver Inc
 
Common Stock
 
 **
 
                     6,951
     
Garmin Ltd
 
Common Stock
 
 **
 
                 117,855
     
Gatx Corp
 
Common Stock
 
 **
 
                   42,618
     
General Cable Corp
 
Common Stock
 
 **
 
                   43,231
     
General Growth Properties
 
Real Estate Inv Trst
 
 **
 
                   40,387
     
Genon Energy Inc
 
Common Stock
 
 **
 
                 100,390
     
Genuine Parts Co
 
Common Stock
 
 **
 
                 292,125
     
Genworth Financial Inc Cl A
 
Common Stock
 
 **
 
                 184,643
     
Goodrich Corp
 
Common Stock
 
 **
 
                 284,026
     
Great Plains Energy Inc
 
Common Stock
 
 **
 
                   94,972
     
Green Dot Corp Class A
 
Common Stock
 
 **
 
                     2,837
     
Greif Inc Cl A
 
Common Stock
 
 **
 
                   76,199
     
H+R Block Inc
 
Common Stock
 
 **
 
                   78,118
     
Hanover Insurance Group Inc/
 
Common Stock
 
 **
 
                   74,425
     
Hansen Natural Corp
 
Common Stock
 
 **
 
                   16,782
     
Harman International
 
Common Stock
 
 **
 
                   61,579
     
Harsco Corp
 
Common Stock
 
 **
 
                   76,691
     
Hartford Financial Svcs Grp
 
Common Stock
 
 **
 
                 385,668
     
Hawaiian Electric Inds
 
Common Stock
 
 **
 
                   76,939
     
HCC Insurance Holdings Inc
 
Common Stock
 
 **
 
                 117,757
     
HCP Inc REIT
 
Real Estate Inv Trst
 
 **
 
                 408,222
     
Health Care Reit Inc
 
Real Estate Inv Trst
 
 **
 
                 244,631
     
Health Net Inc
 
Common Stock
 
 **
 
                   96,088
     
Helmerich + Payne
 
Common Stock
 
 **
 
                 164,105
     
Hershey Co/The
 
Common Stock
 
 **
 
                 106,748
     
Hertz Global Holdings Inc
 
Common Stock
 
 **
 
                   15,664
     
Hill Rom Holdings Inc
 
Common Stock
 
 **
 
                   13,543
     
HJ Heinz Co
 
Common Stock
 
 **
 
                 330,442
     
Holly Corp
 
Common Stock
 
 **
 
                   22,424
     
Hologic Inc
 
Common Stock
 
 **
 
                 172,071
     
Hormel Foods Corp
 
Common Stock
 
 **
 
                 125,279
     
Hospitality Properties Trust
 
Real Estate Inv Trst
 
 **
 
                 100,662
     
Host Hotels + Resorts Inc
 
Real Estate Inv Trst
 
 **
 
                 420,892
     
Howard Hughes Corp/The
 
Common Stock
 
 **
 
                     8,762
     
Hubbell Inc  Cl B
 
Common Stock
 
 **
 
                   76,786
     
Hudson City Bancorp Inc
 
Common Stock
 
 **
 
                 194,247
     
Humana Inc
 
Common Stock
 
 **
 
                 333,476
     
Huntington Bancshares Inc
 
Common Stock
 
 **
 
                 177,026
     
Huntsman Corp
 
Common Stock
 
 **
 
                 104,509
     
Hyatt Hotels Corp   Cl A
 
Common Stock
 
 **
 
                   72,575
     
IAC/Interactivecorp
 
Common Stock
 
 **
 
                   47,929
     
IDEX Corp
 
Common Stock
 
 **
 
                   18,660
     
Ingersoll Rand Plc
 
Common Stock
 
 **
 
                 541,865
     
Ingram Micro Inc Cl A
 
Common Stock
 
 **
 
                 101,807
     
Integrys Energy Group Inc
 
Common Stock
 
 **
 
                 134,421
     
Interactive Brokers Gro Cl A
 
Common Stock
 
 **
 
                   14,808
     
International Paper Co
 
Common Stock
 
 **
 
                   93,733
     
Intersil Corp A
 
Common Stock
 
 **
 
                   45,092
     
Intl Rectifier Corp
 
Common Stock
 
 **
 
                   74,463
     
Intl Speedway Corp Cl A
 
Common Stock
 
 **
 
                   16,487
     
Intrepid Potash Inc
 
Common Stock
 
 **
 
                   57,054
     
Invesco Ltd
 
Common Stock
 
 **
 
                 281,310
     
Itc Holdings Corp
 
Common Stock
 
 **
 
                   11,900
     
Itron Inc
 
Common Stock
 
 **
 
                     4,824
     
ITT Corp
 
Common Stock
 
 **
 
                 342,467
     
J.C. Penney Co Inc
 
Common Stock
 
 **
 
                 181,808
     
Jabil Circuit Inc
 
Common Stock
 
 **
 
                   35,117
 
 
 
 
 
19

 
 
 
 FIRSTENERGY CORP. SAVINGS PLAN
 SCHEDULE H, LINE 4i
  SCHEDULE OF ASSETS (HELD AT END OF YEAR)
 December 31, 2010
 #34-1843785  Plan 002
 (a)      (b)     (c)    (d)   (e)
           Description of investment,        
           including maturity date,        
       Identity of issue, borrower,    rate of interest, collateral,      
Current
       lessor or similar party    par or maturity value    Cost  
value
                   
     
Jacobs Engineering Group Inc
 
Common Stock
 
 **
 
 $                80,696
     
Janus Capital Group Inc
 
Common Stock
 
 **
 
                   77,068
     
Jarden Corp
 
Common Stock
 
 **
 
                 100,729
     
Jefferies Group Inc
 
Common Stock
 
 **
 
                 112,006
     
Jm Smucker Co/The
 
Common Stock
 
 **
 
                 280,260
     
Kansas City Southern
 
Common Stock
 
 **
 
                   71,886
     
Kar Auction Services Inc
 
Common Stock
 
 **
 
                   10,005
     
KB Home
 
Common Stock
 
 **
 
                   36,990
     
KBR Inc
 
Common Stock
 
 **
 
                 158,017
     
Kennametal Inc
 
Common Stock
 
 **
 
                   28,411
     
KeyCorp
 
Common Stock
 
 **
 
                 278,864
     
Kimco Realty Corp
 
Real Estate Inv Trst
 
 **
 
                 262,266
     
Kinetic Concepts Inc
 
Common Stock
 
 **
 
                   84,807
     
King Pharmaceuticals Inc
 
Common Stock
 
 **
 
                 126,324
     
Kirby Corp
 
Common Stock
 
 **
 
                   79,070
     
KLA Tencor Corporation
 
Common Stock
 
 **
 
                 222,682
     
L 3 Communications Holdings
 
Common Stock
 
 **
 
                 292,181
     
Lamar Advertising Co A
 
Common Stock
 
 **
 
                   64,700
     
Leap Wireless Intl Inc
 
Common Stock
 
 **
 
                   27,193
     
Lear Corp
 
Common Stock
 
 **
 
                 123,388
     
Legg Mason Inc
 
Common Stock
 
 **
 
                 197,780
     
Leggett + Platt Inc
 
Common Stock
 
 **
 
                   47,045
     
Lennar Corp A
 
Common Stock
 
 **
 
                 105,825
     
Leucadia National Corp
 
Common Stock
 
 **
 
                 200,525
     
Level 3 Communications Inc
 
Common Stock
 
 **
 
                   32,677
     
Lexmark International Inc A
 
Common Stock
 
 **
 
                   96,591
     
Liberty Global Inc A
 
Common Stock
 
 **
 
                 299,739
     
Liberty Media Corp Cap Ser A
 
Common Stock
 
 **
 
                 162,343
     
Liberty Media Corp Inter A
 
Common Stock
 
 **
 
                 337,320
     
Liberty Media Starz Series A
 
Common Stock
 
 **
 
                 122,855
     
Liberty Property Trust
 
Real Estate Inv Trst
 
 **
 
                 130,042
     
Life Technologies Corp
 
Common Stock
 
 **
 
                 106,838
     
Lifepoint Hospitals Inc
 
Common Stock
 
 **
 
                   72,251
     
Lincoln National Corp
 
Common Stock
 
 **
 
                 301,460
     
Lorillard Inc
 
Common Stock
 
 **
 
                 448,622
     
LPL Investment Holdings Inc
 
Common Stock
 
 **
 
                   13,675
     
LSI Corp
 
Common Stock
 
 **
 
                 135,116
     
M + T Bank Corp
 
Common Stock
 
 **
 
                 229,812
     
Macerich Co/The
 
Real Estate Inv Trst
 
 **
 
                 220,460
     
Mack Cali Realty Corp
 
Real Estate Inv Trst
 
 **
 
                   92,866
     
Macy S Inc
 
Common Stock
 
 **
 
                 344,460
     
Madison Square Garden Co A
 
Common Stock
 
 **
 
                   38,154
     
Manpower Inc
 
Common Stock
 
 **
 
                 184,640
     
Markel Corp
 
Common Stock
 
 **
 
                 133,480
     
Marsh + Mclennan Cos
 
Common Stock
 
 **
 
                   40,627
     
Marshall + Ilsley Corp
 
Common Stock
 
 **
 
                 128,837
     
Masco Corp
 
Common Stock
 
 **
 
                 112,535
     
Massey Energy Co
 
Common Stock
 
 **
 
                 198,451
     
Mattel Inc
 
Common Stock
 
 **
 
                 140,272
     
MBIA Inc
 
Common Stock
 
 **
 
                   66,796
     
McCormick + Co Non Vtg Shrs
 
Common Stock
 
 **
 
                 111,439
     
McDermott Intl Inc
 
Common Stock
 
 **
 
                   36,559
     
McGraw Hill Companies Inc
 
Common Stock
 
 **
 
                 123,248
     
MDC Holdings Inc
 
Common Stock
 
 **
 
                   38,437
     
MDU Resources Group Inc
 
Common Stock
 
 **
 
                 134,633
     
Mead Johnson Nutrition Co
 
Common Stock
 
 **
 
                 393,233
     
Meadwestvaco Corp
 
Common Stock
 
 **
 
                 160,622
     
Mednax Inc
 
Common Stock
 
 **
 
                     7,806
     
MEMC Electronic Materials
 
Common Stock
 
 **
 
                   54,318
     
Mercury General Corp
 
Common Stock
 
 **
 
                   38,967
     
Meredith Corp
 
Common Stock
 
 **
 
                   23,216
     
Metropcs Communications Inc
 
Common Stock
 
 **
 
                   58,401
     
MGM Resorts International
 
Common Stock
 
 **
 
                 134,333
     
Micron Technology Inc
 
Common Stock
 
 **
 
                 245,997
     
Mohawk Industries Inc
 
Common Stock
 
 **
 
                 101,090
 
 
 
 
20

 
 
 
 FIRSTENERGY CORP. SAVINGS PLAN
 SCHEDULE H, LINE 4i
  SCHEDULE OF ASSETS (HELD AT END OF YEAR)
 December 31, 2010
 #34-1843785  Plan 002
 (a)      (b)     (c)    (d)   (e)
           Description of investment,        
           including maturity date,        
       Identity of issue, borrower,    rate of interest, collateral,      
Current
       lessor or similar party    par or maturity value    Cost  
value
                   
     
Molex Inc
 
Common Stock
 
 **
 
 $              105,671
     
Molson Coors Brewing Co  B
 
Common Stock
 
 **
 
                 237,198
     
Monster Worldwide Inc
 
Common Stock
 
 **
 
                   51,513
     
Murphy Oil Corp
 
Common Stock
 
 **
 
                 450,506
     
Mylan Inc
 
Common Stock
 
 **
 
                   48,092
     
Nabors Industries Ltd
 
Common Stock
 
 **
 
                 144,443
     
Nasdaq Omx Group/The
 
Common Stock
 
 **
 
                 102,688
     
National Fuel Gas Co
 
Common Stock
 
 **
 
                 173,631
     
National Semiconductor Corp
 
Common Stock
 
 **
 
                     9,426
     
Nationwide Health Pptys Inc
 
Real Estate Inv Trst
 
 **
 
                 159,635
     
New York Community Bancorp
 
Common Stock
 
 **
 
                 294,173
     
New York Times Co A
 
Common Stock
 
 **
 
                   46,805
     
Newell Rubbermaid Inc
 
Common Stock
 
 **
 
                 191,563
     
Newfield Exploration Co
 
Common Stock
 
 **
 
                 344,542
     
Nii Holdings Inc
 
Common Stock
 
 **
 
                   54,128
     
Nisource Inc
 
Common Stock
 
 **
 
                 172,147
     
Noble Energy Inc
 
Common Stock
 
 **
 
                 537,484
     
Northeast Utilities
 
Common Stock
 
 **
 
                 201,386
     
Novell Inc
 
Common Stock
 
 **
 
                   73,254
     
Novellus Systems Inc
 
Common Stock
 
 **
 
                   12,217
     
NRG Energy Inc
 
Common Stock
 
 **
 
                 175,782
     
NStar
 
Common Stock
 
 **
 
                 161,967
     
NV Energy Inc
 
Common Stock
 
 **
 
                 118,975
     
NYSE Euronext
 
Common Stock
 
 **
 
                 220,053
     
Oceaneering Intl Inc
 
Common Stock
 
 **
 
                 146,156
     
Office Depot Inc
 
Common Stock
 
 **
 
                   48,038
     
Oge Energy Corp
 
Common Stock
 
 **
 
                 159,162
     
Oil States International Inc
 
Common Stock
 
 **
 
                 104,787
     
Old Republic Intl Corp
 
Common Stock
 
 **
 
                 124,605
     
Omnicare Inc
 
Common Stock
 
 **
 
                   97,548
     
OneBeacon Insurance Group A
 
Common Stock
 
 **
 
                   12,416
     
Oneok Inc
 
Common Stock
 
 **
 
                 207,902
     
Ormat Technologies Inc
 
Common Stock
 
 **
 
                     8,519
     
Owens Corning
 
Common Stock
 
 **
 
                   55,478
     
Owens Illinois Inc
 
Common Stock
 
 **
 
                 126,146
     
Packaging Corp Of America
 
Common Stock
 
 **
 
                   94,523
     
Parker Hannifin Corp
 
Common Stock
 
 **
 
                 356,764
     
Partnerre Ltd
 
Common Stock
 
 **
 
                 225,542
     
Patterson Uti Energy Inc
 
Common Stock
 
 **
 
                 117,469
     
Peabody Energy Corp
 
Common Stock
 
 **
 
                 614,912
     
Penn National Gaming Inc
 
Common Stock
 
 **
 
                   86,504
     
Pentair Inc
 
Common Stock
 
 **
 
                   61,665
     
People S United Financial
 
Common Stock
 
 **
 
                 183,517
     
Pepco Holdings Inc
 
Common Stock
 
 **
 
                 146,475
     
Perkinelmer Inc
 
Common Stock
 
 **
 
                   59,231
     
Petrohawk Energy Corp
 
Common Stock
 
 **
 
                   58,291
     
Piedmont Office Realty Tru A
 
Real Estate Inv Trst
 
 **
 
                   35,849
     
Pinnacle West Capital
 
Common Stock
 
 **
 
                 158,546
     
Pioneer Natural Resources Co
 
Common Stock
 
 **
 
                 360,477
     
Pitney Bowes Inc
 
Common Stock
 
 **
 
                   49,158
     
Plains Exploration + Product
 
Common Stock
 
 **
 
                 161,986
     
Plum Creek Timber Co
 
Real Estate Inv Trst
 
 **
 
                 124,072
     
PMC  Sierra Inc
 
Common Stock
 
 **
 
                   65,911
     
Popular Inc
 
Common Stock
 
 **
 
                 115,904
     
PPG Industries Inc
 
Common Stock
 
 **
 
                 418,332
     
PPL Corporation
 
Common Stock
 
 **
 
                 453,967
     
Pride International Inc
 
Common Stock
 
 **
 
                 126,093
     
Principal Financial Group
 
Common Stock
 
 **
 
                 372,747
     
Progress Energy Inc
 
Common Stock
 
 **
 
                 446,627
     
Progressive Corp
 
Common Stock
 
 **
 
                 476,363
     
Prologis
 
Real Estate Inv Trst
 
 **
 
                 270,548
     
Protective Life Corp
 
Common Stock
 
 **
 
                   80,400
     
Pulte Group Inc
 
Common Stock
 
 **
 
                   91,571
     
QEP Resources Inc
 
Common Stock
 
 **
 
                 228,136
     
Quanta Services Inc
 
Common Stock
 
 **
 
                 147,866
 
 
 
 
21

 
 
 
 FIRSTENERGY CORP. SAVINGS PLAN
 SCHEDULE H, LINE 4i
  SCHEDULE OF ASSETS (HELD AT END OF YEAR)
 December 31, 2010
 #34-1843785  Plan 002
 (a)      (b)     (c)    (d)   (e)
           Description of investment,        
           including maturity date,        
       Identity of issue, borrower,    rate of interest, collateral,      
Current
       lessor or similar party    par or maturity value    Cost  
value
                   
     
Quest Diagnostics Inc
 
Common Stock
 
 **
 
 $                39,182
     
Questar Corp
 
Common Stock
 
 **
 
                 107,820
     
Quicksilver Resources Inc
 
Common Stock
 
 **
 
                   59,373
     
Qwest Communications Intl
 
Common Stock
 
 **
 
                 472,733
     
Radioshack Corp
 
Common Stock
 
 **
 
                   78,546
     
Ralcorp Holdings Inc
 
Common Stock
 
 **
 
                 126,184
     
Raymond James Financial Inc
 
Common Stock
 
 **
 
                 115,006
     
Rayonier Inc
 
Real Estate Inv Trst
 
 **
 
                 104,777
     
Realty Income Corp
 
Real Estate Inv Trst
 
 **
 
                 140,049
     
Regal Beloit Corp
 
Common Stock
 
 **
 
                   13,152
     
Regal Entertainment Group A
 
Common Stock
 
 **
 
                   26,509
     
Regency Centers Corp
 
Real Estate Inv Trst
 
 **
 
                 122,158
     
Regions Financial Corp
 
Common Stock
 
 **
 
                 314,986
     
Reinsurance Group Of America
 
Common Stock
 
 **
 
                 138,787
     
Reliance Steel + Aluminum
 
Common Stock
 
 **
 
                 121,311
     
Renaissancere Holdings Ltd
 
Common Stock
 
 **
 
                 123,559
     
Republic Services Inc
 
Common Stock
 
 **
 
                 243,896
     
Rockwell Collins Inc
 
Common Stock
 
 **
 
                 153,340
     
Rowan Companies Inc
 
Common Stock
 
 **
 
                 133,356
     
Royal Caribbean Cruises Ltd
 
Common Stock
 
 **
 
                 136,300
     
Royal Gold Inc
 
Common Stock
 
 **
 
                   87,627
     
RPM International Inc
 
Common Stock
 
 **
 
                   48,731
     
RR Donnelley + Sons Co
 
Common Stock
 
 **
 
                 122,954
     
Ryder System Inc
 
Common Stock
 
 **
 
                   48,271
     
S+P Midcap 400 Emini Idx Ftrs
 
Futures Index
 
 **
 
              1,720,070
     
Safeway Inc
 
Common Stock
 
 **
 
                 312,971
     
Sandridge Energy Inc
 
Common Stock
 
 **
 
                   36,959
     
Sara Lee Corp
 
Common Stock
 
 **
 
                 117,755
     
Scana Corp
 
Common Stock
 
 **
 
                 161,629
     
Schnitzer Steel Inds Inc A
 
Common Stock
 
 **
 
                   42,224
     
Seacor Holdings Inc
 
Common Stock
 
 **
 
                   77,738
     
Seagate Technology
 
Common Stock
 
 **
 
                   73,857
     
Sealed Air Corp
 
Common Stock
 
 **
 
                 146,083
     
Sears Holdings Corp
 
Common Stock
 
 **
 
                 118,295
     
Sempra Energy
 
Common Stock
 
 **
 
                 464,658
     
Senior Housing Prop Trust
 
Real Estate Inv Trst
 
 **
 
                 106,958
     
Service Corp International
 
Common Stock
 
 **
 
                   74,621
     
Shaw Group Inc
 
Common Stock
 
 **
 
                   43,130
     
Sherwin Williams Co/The
 
Common Stock
 
 **
 
                 106,865
     
Sigma Aldrich
 
Common Stock
 
 **
 
                   23,363
     
Signet Jewelers Ltd
 
Common Stock
 
 **
 
                 133,021
     
SL Green Realty Corp
 
Real Estate Inv Trst
 
 **
 
                 185,517
     
SLM Corp
 
Common Stock
 
 **
 
                 219,406
     
SM Energy Co
 
Common Stock
 
 **
 
                   40,072
     
Smithfield Foods Inc
 
Common Stock
 
 **
 
                 102,655
     
Snap On Inc
 
Common Stock
 
 **
 
                 115,876
     
Sonoco Products Co
 
Common Stock
 
 **
 
                 119,461
     
Southern Union Co
 
Common Stock
 
 **
 
                 108,050
     
Southwest Airlines Co
 
Common Stock
 
 **
 
                 299,994
     
Spectra Energy Corp
 
Common Stock
 
 **
 
                 578,943
     
Spirit Aerosystems Hold Cl A
 
Common Stock
 
 **
 
                   65,447
     
SPX Corp
 
Common Stock
 
 **
 
                 103,875
     
St Joe Co/The
 
Common Stock
 
 **
 
                     6,315
     
Stancorp Financial Group
 
Common Stock
 
 **
 
                   75,294
     
Stanley Black + Decker Inc
 
Common Stock
 
 **
 
                 383,901
     
State Street Bank + Trust Co
 
Money Market Fund
 
 **
 
              1,415,092
     
Steel Dynamics Inc
 
Common Stock
 
 **
 
                 140,123
     
Sunoco Inc
 
Common Stock
 
 **
 
                 171,438
     
Sunpower Corp Class A
 
Common Stock
 
 **
 
                   26,237
     
Suntrust Banks Inc
 
Common Stock
 
 **
 
                 527,639
     
Superior Energy Services Inc
 
Common Stock
 
 **
 
                   92,549
     
Supervalu Inc
 
Common Stock
 
 **
 
                   74,016
     
Symetra Financial Corp
 
Common Stock
 
 **
 
                   14,878
     
Synopsys Inc
 
Common Stock
 
 **
 
                 136,165
     
Synovus Financial Corp
 
Common Stock
 
 **
 
                   73,511
 
 
 
 
22

 
 
 
 FIRSTENERGY CORP. SAVINGS PLAN
 SCHEDULE H, LINE 4i
  SCHEDULE OF ASSETS (HELD AT END OF YEAR)
 December 31, 2010
 #34-1843785  Plan 002
 (a)      (b)     (c)    (d)   (e)
           Description of investment,        
           including maturity date,        
       Identity of issue, borrower,    rate of interest, collateral,      
Current
       lessor or similar party    par or maturity value    Cost  
value
                   
     
Taubman Centers Inc
 
Real Estate Inv Trst
 
 **
 
$                97,679
     
TCF Financial Corp
 
Common Stock
 
 **
 
                   73,265
     
Tech Data Corp
 
Common Stock
 
 **
 
                   70,916
     
Teco Energy Inc
 
Common Stock
 
 **
 
                 137,078
     
Teekay Corp
 
Common Stock
 
 **
 
                   49,058
     
Teleflex Inc
 
Common Stock
 
 **
 
                   64,464
     
Telephone And Data Systems
 
Common Stock
 
 **
 
                 109,321
     
Tellabs Inc
 
Common Stock
 
 **
 
                   92,479
     
Temple Inland Inc
 
Common Stock
 
 **
 
                   65,143
     
Tenet Healthcare Corp
 
Common Stock
 
 **
 
                   33,015
     
Terex Corp
 
Common Stock
 
 **
 
                 121,925
     
Tesla Motors Inc
 
Common Stock
 
 **
 
                     4,021
     
Tesoro Corp
 
Common Stock
 
 **
 
                   94,962
     
Textron Inc
 
Common Stock
 
 **
 
                 110,943
     
TFS Financial Corp
 
Common Stock
 
 **
 
                   24,246
     
Thomas + Betts Corp
 
Common Stock
 
 **
 
                   76,459
     
Tidewater Inc
 
Common Stock
 
 **
 
                   97,181
     
Timken Co
 
Common Stock
 
 **
 
                   38,804
     
Toll Brothers Inc
 
Common Stock
 
 **
 
                   99,123
     
Torchmark Corp
 
Common Stock
 
 **
 
                 177,129
     
Total System Services Inc
 
Common Stock
 
 **
 
                   89,742
     
Towers Watson + Co Cl A
 
Common Stock
 
 **
 
                   68,563
     
Transatlantic Holdings Inc
 
Common Stock
 
 **
 
                 119,604
     
Treasury Bill
 
Treasury Bill
 
 **
 
                 124,960
     
Trinity Industries Inc
 
Common Stock
 
 **
 
                   74,721
     
Trw Automotive Holdings Corp
 
Common Stock
 
 **
 
                   48,958
     
Tyson Foods Inc Cl A
 
Common Stock
 
 **
 
                 181,241
     
UDR Inc
 
Real Estate Inv Trst
 
 **
 
                 141,144
     
UGI Corp
 
Common Stock
 
 **
 
                 121,930
     
Unit Corp
 
Common Stock
 
 **
 
                   64,747
     
United Continental Holdings
 
Common Stock
 
 **
 
                   36,183
     
United States Steel Corp
 
Common Stock
 
 **
 
                 244,137
     
Unitrin Inc
 
Common Stock
 
 **
 
                   45,792
     
Universal Health Services B
 
Common Stock
 
 **
 
                 128,653
     
Unum Group
 
Common Stock
 
 **
 
                 288,896
     
URS Corp
 
Common Stock
 
 **
 
                 124,164
     
US Cellular Corp
 
Common Stock
 
 **
 
                   28,815
     
US Dollar
 
Currency
 
 **
 
                   (1,248)
     
USG Corp
 
Common Stock
 
 **
 
                   24,942
     
UTI Worldwide Inc
 
Common Stock
 
 **
 
                   13,250
     
Valero Energy Corp
 
Common Stock
 
 **
 
                 467,879
     
Validus Holdings Ltd
 
Common Stock
 
 **
 
                   72,974
     
Valley National Bancorp
 
Common Stock
 
 **
 
                   80,137
     
Valspar Corp
 
Common Stock
 
 **
 
                 108,922
     
Vectren Corporation
 
Common Stock
 
 **
 
                   71,800
     
Ventas Inc
 
Real Estate Inv Trst
 
 **
 
                 214,958
     
VF Corp
 
Common Stock
 
 **
 
                 271,984
     
Virgin Media Inc
 
Common Stock
 
 **
 
                 323,856
     
Vishay Intertechnology Inc
 
Common Stock
 
 **
 
                   83,103
     
Vishay Precision Group
 
Common Stock
 
 **
 
                     7,385
     
Vornado Realty Trust
 
Real Estate Inv Trst
 
 **
 
                 438,149
     
Vulcan Materials Co
 
Common Stock
 
 **
 
                 199,709
     
Wabtec Corp
 
Common Stock
 
 **
 
                   76,162
     
Walter Energy Inc
 
Common Stock
 
 **
 
                   53,053
     
Washington Federal Inc
 
Common Stock
 
 **
 
                   65,565
     
Washington Post Class B
 
Common Stock
 
 **
 
                   90,537
     
Waste Connections Inc
 
Common Stock
 
 **
 
                   21,886
     
Watson Pharmaceuticals Inc
 
Common Stock
 
 **
 
                 207,117
     
Weatherford Intl Ltd
 
Common Stock
 
 **
 
                 361,517
     
Weingarten Realty Investors
 
Real Estate Inv Trst
 
 **
 
                 101,170
     
Wendy S/Arby S Group Inc A
 
Common Stock
 
 **
 
                   31,901
     
Wesco Financial Corp
 
Common Stock
 
 **
 
                   16,210
     
Wesco International Inc
 
Common Stock
 
 **
 
                   54,490
     
Westar Energy Inc
 
Common Stock
 
 **
 
                 103,408
     
Western Digital Corp
 
Common Stock
 
 **
 
                 214,892
 
 
 
 
23

 
 
 
 FIRSTENERGY CORP. SAVINGS PLAN
 SCHEDULE H, LINE 4i
  SCHEDULE OF ASSETS (HELD AT END OF YEAR)
 December 31, 2010
 #34-1843785  Plan 002
 (a)      (b)     (c)    (d)   (e)
           Description of investment,        
           including maturity date,        
       Identity of issue, borrower,    rate of interest, collateral,      
Current
       lessor or similar party    par or maturity value    Cost  
value
                   
     
Weyerhaeuser Co
 
Common Stock
 
 **
 
$             362,850
     
Whirlpool Corp
 
Common Stock
 
 **
 
                 134,844
     
White Mountains Insurance Gp
 
Common Stock
 
 **
 
                   92,626
     
Whiting Petroleum Corp
 
Common Stock
 
 **
 
                 228,638
     
Wiley (John) + Sons Class A
 
Common Stock
 
 **
 
                     4,705
     
Wilmington Trust Corp
 
Common Stock
 
 **
 
                   13,814
     
Windstream Corp
 
Common Stock
 
 **
 
                 139,261
     
Wisconsin Energy Corp
 
Common Stock
 
 **
 
                 246,682
     
WR Berkley Corp
 
Common Stock
 
 **
 
                 120,801
     
Wyndham Worldwide Corp
 
Common Stock
 
 **
 
                 190,096
     
Xcel Energy Inc
 
Common Stock
 
 **
 
                 387,303
     
Xerox Corp
 
Common Stock
 
 **
 
                 567,959
     
Xl Group Plc
 
Common Stock
 
 **
 
                 254,814
     
Zebra Technologies Corp Cl A
 
Common Stock
 
 **
 
                   34,419
     
Zions Bancorporation
 
Common Stock
 
 **
 
                 148,328
   
 FirstEnergy MidCap Value Index Fund Total
         
            77,137,576
                   
         
  Total investments
     
       2,288,866,738
                   
*
 
 Notes receivable from participants
 
Loans receivable with repayment
       
         
   interest of 4.25% to 10.5%
 
 **
 
            42,899,999
                   
                 
 $    2,331,766,737
* Parties-in-interest
           
            ** Information is not required pursuant to Form 5500 instructions
       
 
 
 
 
24

 
 
 
EXHIBIT INDEX



FIRSTENERGY CORP. SAVINGS PLAN



Exhibit
Number


23         Consent of Independent Registered Public Accounting Firm





 
25 

 


              
                                        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 23, 2011
 
   
   
By
/s/  Christine L. Walker
 
Christine L. Walker
 
Chairperson
 
Savings Plan Committee


 
 
26