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11-K/A Filing
Ameren (AEE) 11-K/AAnnual report of employee stock purchases (amended)
Filed: 27 Oct 23, 5:25pm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 11-K/A
Amendment No. 1
☒ | ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the fiscal year ended December 31, 2019
OR
☐ | TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from to
COMMISSION FILE NUMBER 1-14756
A. | Full title of the plan and the address of the plan, if different from that of the issuer named below: |
AMEREN CORPORATION
SAVINGS INVESTMENT PLAN
B. | Name of issuer of securities held pursuant to the plan and the address of its principal executive office: |
Ameren Corporation
1901 Chouteau Avenue
St. Louis, Missouri 63103
EXPLANATORY NOTE
This Amendment No. 1 on Form 11-K/A (the “Amendment”) is being filed by the Ameren Corporation Savings Investment Plan (the “Plan”) to amend its Annual Report on Form 11-K for the fiscal year ended December 31, 2019, as filed with the U.S. Securities and Exchange Commission on June 25, 2020 (the “Original Filing”). The sole purpose of this Amendment is to include Schedule G Part III - Nonexempt Transactions and update the Report of Independent Registered Public Accounting Firm dated June 25, 2020. The Report of Independent Registered Public Accounting Firm included in the Amendment is dated June 25, 2020, except for Schedule G, as to which the date is October 27, 2023. Other than the revisions to Schedule G Part III and the Report of Independent Registered Public Accounting Firm, no other items included in the Original Filing, including financial statements and footnotes, have been amended. Further, the Amendment does not purport to provide an update or a discussion of any other developments with respect to the Plan subsequent to the filing date of the Original Filing.
Savings Investment Plan
Ameren Corporation
Financial Statements and Supplemental Schedule
December 31, 2019 and 2018
Report of Independent Registered Public Accounting Firm December 31, 2019 and 2018 | 1-2 | |||
Financial Statements | ||||
Statements of Net Assets Available for Benefits December 31, 2019 and 2018 | 3 | |||
Statements of Changes in Net Assets Available for Benefits Years Ended December 31, 2019 and 2018 |
| 4 |
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December 31, 2019 and 2018 |
| 5-16 |
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Supplemental Schedules* | ||||
1 | ||||
Schedule H, Line 4i - Schedule of Assets (Held at End of Year) December 31, 2019 |
| 1-7 |
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* | Other schedules required by 29 CFR 2520.103-10 of the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended, have been omitted because they are not applicable. |
Crowe LLP Independent Member Crowe Global |
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
Plan Participants and Plan Administrator of the Ameren Corporation Savings Investment Plan St. Louis, Missouri
Opinion on the Financial Statements
We have audited the accompanying statements of net assets available for benefits of Ameren Corporation Savings Investment Plan (the “Plan”) as of December 31, 2019 and 2018, the related statements of changes in net assets available for benefits for the years then ended, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2019 and 2018, and the changes in net assets available for benefits for the years then ended, in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on the Plan’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
Supplemental Information
The supplemental Schedule H, Line 4i – Schedule of Assets (Held at End of Year) as of December 31, 2019 and Schedule G, Part III – Schedule of Nonexempt Transactions for the year ended December 31, 2019 have been subjected to audit procedures performed in conjunction with the audit of Ameren Corporation Savings Investment Plan’s financial statements. The supplemental schedules are the responsibility of the Plan’s management. Our audit procedures included determining whether the information presented in the supplemental schedules reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental schedules. In forming our opinion on the supplemental schedules, we evaluated whether the supplemental schedules, including their form and content, are presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental schedules are fairly stated in all material respects in relation to the financial statements as a whole.
/s/ Crowe LLP
Crowe LLP
We have served as the Plan’s auditor since 2014.
Oak Brook, Illinois
June 25, 2020, except for supplemental Schedule G, Part III - Schedule of Nonexempt Transactions, as to which the date is October 27, 2023.
Ameren Corporation
Savings Investment Plan
Statements of Net Assets Available for Benefits
December 31, 2019 and 2018
2019 | 2018 | |||||||
Assets | ||||||||
Investments, at fair value | $ | 2,372,801,088 | $ | 1,970,933,349 | ||||
Investments, at contract value | 289,817,950 | 282,384,897 | ||||||
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Total investments | 2,662,619,038 | 2,253,318,246 | ||||||
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Cash | 68,815 | 1,080,838 | ||||||
Receivables | ||||||||
Notes receivable from participants | 35,354,528 | 35,198,455 | ||||||
Participant contributions | 2,983,387 | 1,272,482 | ||||||
Employer contributions | 520,380 | 398,933 | ||||||
Dividends and interest | 472,218 | 669,912 | ||||||
Due from brokers for securities sold | 5,383,142 | 10,024,762 | ||||||
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Total receivables | 44,713,655 | 47,564,544 | ||||||
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Total assets | 2,707,401,508 | 2,301,963,628 | ||||||
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Liabilities | ||||||||
Accrued expenses | 626,534 | 1,184,287 | ||||||
Due to brokers for securities purchased | 2,119,021 | 11,350,970 | ||||||
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Total liabilities | 2,745,555 | 12,535,257 | ||||||
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Net assets available for benefits | $ | 2,704,655,953 | $ | 2,289,428,371 | ||||
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The accompanying notes are an integral part of these financial statements.
3
Ameren Corporation
Savings Investment Plan
Statements of Changes in Net Assets Available for Benefits
Years Ended December 31, 2019 and 2018
2019 | 2018 | |||||||
Additions: | ||||||||
Investment income | ||||||||
Interest and dividends | $ | 24,794,772 | $ | 31,859,694 | ||||
Net appreciation / (depreciation) in fair value of investments | 455,371,217 | (105,760,604 | ) | |||||
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Total investment income / (loss) | 480,165,989 | (73,900,910 | ) | |||||
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Interest on notes receivable from participants | 1,775,255 | 1,636,381 | ||||||
Participant contributions | 105,448,706 | 96,904,377 | ||||||
Employer contributions | 34,939,878 | 32,747,626 | ||||||
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Total additions | 622,329,828 | 57,387,474 | ||||||
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Deductions: | ||||||||
Benefits paid to participants | 203,601,534 | 181,663,074 | ||||||
Administrative expenses | 3,500,712 | 4,022,410 | ||||||
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Total deductions | 207,102,246 | 185,685,484 | ||||||
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Net increase / (decrease) | 415,227,582 | (128,298,010 | ) | |||||
Net assets available for benefits | ||||||||
Beginning of year | 2,289,428,371 | 2,417,726,381 | ||||||
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End of year | $ | 2,704,655,953 | $ | 2,289,428,371 | ||||
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The accompanying notes are an integral part of these financial statements.
4
Ameren Corporation
Savings Investment Plan
December 31, 2019 and 2018
1. | Description of the Plan |
General
The following is a summary of the various provisions of the Ameren Corporation Savings Investment Plan (the “Plan”). Participants should refer to the Summary Plan Document for more complete information.
The Plan is a defined contribution plan. Its purpose is to provide employees eligible to participate (the “Participants”) of Ameren Corporation (the “Company”) and its wholly owned subsidiaries the opportunity to defer a portion of their compensation for federal income tax purposes in accordance with Section 401(k) of the Internal Revenue Code (the “Code”). The Plan is subject to certain provisions of the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended, and regulations of the Securities and Exchange Commission.
The Company serves as sponsor of the Plan, and, consequently, has the authority to amend or terminate the Plan subject to certain restrictions. The Ameren Administrative Committee has the authority and responsibility for the general administration of the Plan. Fidelity Management Trust Company, as Trustee, has the authority and responsibility to hold and protect the assets of the Plan in accordance with Plan provisions and with the Trust and Administrative Agreement.
Participation
All regular full-time employees are eligible to participate upon employment, and part-time or temporary employees are eligible to participate upon completion of a year of service of at least 1,000 hours. Employees covered by a collective bargaining agreement (“CBA”) are eligible to participate only if the CBA provides for such participation.
If employees do not make an election, nor opt-out within 30 days of employment; they are automatically enrolled at a 6% pre-tax contribution rate, invested in a Target Date fund based upon the date at which the participant is or will be age 65, and further enrolled in auto-escalation increasing their pre-tax contribution 1% annually, with no cap on the annual increases. Employees may opt-out or make alternative elections at any time.
Contributions
Each year, Participants may contribute up to 100% of eligible compensation, as defined in the Plan, and subject to annual limitations imposed by the Code.
The Company makes an Employer Basic Matching Contribution plus an Employer Additional Matching Contribution in an amount equal to a percent of the amount each Participant contributes to the Plan, up to a certain maximum percentage of the Participant’s compensation that he or she elects to contribute to the Plan each year. The amount of Company matching contribution depends on the Participant’s employment classification, and for contract employees is determined by the collective bargaining agreement with the specific union representing the Participants. The Company also makes true-up Employer Basic Matching Contributions for Participants who contribute the IRS maximum before the end of the year and, as a result, do not receive the full company match. The Employer Additional Matching Contributions are invested in the Ameren Stock Fund.
5
Ameren Corporation
Savings Investment Plan
Notes to Financial Statements
December 31, 2019 and 2018
The Plan permits “catch-up” contributions for all employees age 50 and older. Eligible employees could contribute $6,000 in 2019 and 2018, as a “catch-up” contribution. The Company does not match “catch-up” contributions.
Participants direct the investment of their contributions and the Employer Basic Matching Contributions to his or her account to any of the investment options available under the Plan, including Company stock. Contributions may be allocated to a single investment option or allocated in increments of one percent to any combination of investment options. Such elections may be changed daily. Although the Employer Additional Matching Contributions are invested in the Ameren Stock Fund, they may be immediately reallocated to other funds at the participants’ discretion.
Earnings derived from the assets of any investment fund are reinvested in the fund to which they relate. Participants may elect daily to reallocate, by actual dollar or percentage in one percent increments, the value of their accounts between funds. Pending investment of the assets into any investment fund, the Trustee may temporarily make certain short-term investments.
Participant Accounts
Each Participant’s account is credited with the Participant’s contributions and an allocation of (a) the Company’s contributions, and (b) Plan earnings, and is charged with an allocation of administrative expenses. Allocations are based on Participant contributions, eligible compensation, Participant account balances, or specific Participant transactions, as defined. The benefit to which the Participant is entitled is the benefit which can be provided from the Participant’s account. Each Participant directs the investment of his or her account to any of the investment options available under the Plan. Effective September 1, 2019, the Plan was amended to impose certain restrictions on participant directed investments into the Ameren Stock Fund.
Notes Receivable from Participants
The Plan permits Participants to borrow from their accounts within the Plan. Such borrowings may be made subject to the following: (1) the minimum amount of the loan is $1,000, (2) the amount of the loan may not exceed the lesser of $50,000 or 50% of the vested amount in the Participant’s account, (3) the loan will bear a fixed interest rate and repayments will be made through mutual agreement subject to certain statutory repayment time limits, (4) each loan shall bear a reasonable interest rate as determined under policies established for the Plan and (5) such other rules and regulations as may be adopted by the Company. At December 31, 2019 and 2018, the interest rates on participant loans ranged from 4.00 percent to 10.50 percent.
Vesting
The amounts in Participants’ accounts, including Company contributions, are fully vested at all times.
Payment of Benefits
The total amount of a Participant’s account shall be distributed to the Participant according to one of the options as described in the Plan document and as elected by the Participant after termination of employment. All distributions shall be in the form of cash except that Participants may elect to have his or her interest in the Ameren Stock Fund distributed in shares of Ameren common stock. Participants may withdraw certain basic contributions, rollover contributions and related earnings
6
Ameren Corporation
Savings Investment Plan
Notes to Financial Statements
December 31, 2019 and 2018
thereon upon reaching age 59 1/2, in the event of total disability or financial hardship as defined by the Plan or the Code. For purposes of distributions, the Participant’s account value will be determined as of the last business day coincident with or immediately preceding the day of distribution. Contributions to the Plan and investment income thereon are taxable to Participants upon distribution pursuant to the rules provided for under the Plan and the Code.
The Plan also allows, at the discretion of the Company, participants of the former Union Electric Company Employee Stock Ownership Plan and the former Ameren Corporation Employee Stock Ownership Plan for Certain Employees of AmerenCIPS, to receive certain distributions prior to termination of employment.
Plan Termination
The Company intends to continue the Plan indefinitely. However, the Company may at any time and for any reason, subject to ERISA and Internal Revenue Service regulations, suspend or terminate the Plan provided that such action does not retroactively adversely affect the rights of any Participant under the Plan.
2. | Summary of Significant Accounting Policies |
Basis of Accounting
The accompanying financial statements of the Plan are prepared on the accrual basis of accounting, except that benefit payments to Participants are recorded upon distribution.
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of changes in net assets available for benefits during the reporting period. Actual results could differ from those estimates.
Investment Valuation and Income Recognition
All investments are presented at fair value, except for fully benefit-responsive investment contracts, which are reported at contract value, as of December 31, 2019 and 2018. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. See Note 3 for discussion of fair value measurements.
The Plan has direct investments in fully benefit-responsive investment contracts. Investments held by a defined contribution plan are required to be reported at fair value, except for fully benefit-responsive investment contracts. Contract value is the relevant measurement attribute for the portion of the net assets available for benefits of a defined contribution plan attributable to fully benefit-responsive investment contracts because contract value is the amount Participants normally would receive if they were to initiate permitted transactions under the terms of the Plan. Contract value represents contributions made under each contract, plus earnings, less participant withdrawals and administrative expenses.
7
Ameren Corporation
Savings Investment Plan
Notes to Financial Statements
December 31, 2019 and 2018
Purchases and sales of securities are recorded on a trade date basis. Interest income is recorded on the accrual basis. Dividend income is recorded on the ex-dividend date. Net appreciation (depreciation) in fair value of investments includes the Plan’s gains and losses on investments bought and sold as well as held during the year.
Notes Receivable from Participants
Notes receivable from Participants are measured at their unpaid principal balance plus any accrued but unpaid interest, with no allowance for credit losses, as repayments of principal and interest are received through payroll deductions and the notes are collateralized by the Participants’ account balances. Delinquent participant loans are reclassified as distributions based upon the terms of the Plan document.
Administrative Expenses
Fees associated with administering the Plan are generally paid by the Plan. Trustee and recordkeeping fees are primarily paid via (1) flat dollar fees that are assessed to all Participants quarterly, and (2) fees accrued in investment funds that are separately-managed accounts (versus commingled funds). Also, revenue sharing payments that Fidelity receives from mutual funds are allocated to Participant accounts quarterly.
Risks and Uncertainties
Investments are exposed to various risks, such as interest rate, market and credit. Due to the level of risk associated with certain investments and the level of uncertainty related to changes in the value of investments, it is at least reasonably possible that changes in risks in the near term could materially affect the Participants’ account balances and the amounts reported in the Statement of Net Assets Available for Benefits.
Concentrations
Company common stock comprised 13% of investments at December 31, 2019 and 2018.
3. | Fair Value Measurements |
The authoritative guidance issued by the Financial Accounting Standards Board (the “FASB”) regarding fair value measurement provides a framework for measuring fair value for all assets and liabilities that are measured and reported at fair value. The guidance defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Certain assumptions that market participants would use in pricing the asset or liability, including assumptions about risk or the risks inherent in the inputs to the valuation, were used in the valuation process. Inputs to valuation can be readily observable, market corroborated, or unobservable. Valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs were used. The provisions also establish a fair value hierarchy that prioritizes the inputs used to measure fair value. All financial assets and liabilities carried at fair value were classified in one of the following three hierarchy levels:
Level 1: Inputs based on quoted prices in active markets for identical assets or liabilities that the Plan has the ability to access at the reporting date.
8
Ameren Corporation
Savings Investment Plan
Notes to Financial Statements
December 31, 2019 and 2018
Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Inputs to the valuation methodology include:
• | Quoted prices for similar assets or liabilities in active markets; |
• | Quoted prices for identical or similar assets or liabilities in inactive markets; |
• | Inputs other than quoted prices that are observable for the asset or liability; |
• | Inputs that are derived principally from or corroborated by observable market data by correlation or other means. |
Level 3: Inputs to the valuation methodology that are unobservable and significant to the fair value measurement.
The Plan does not hold any investments requiring Level 3 measurements, and there have not been any transfers between measurement input levels in 2019 or 2018.
The asset or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.
Following is a description of the valuation methodologies used for assets measured at fair value.
There have been no changes in the methodologies used during 2019.
• | Margin deposit account: The fair value is estimated to approximate deposit account balances, payable on demand, as no discounts for credit quality or liquidity were determined to be applicable (Level 2 inputs). |
• | Common stocks: Valued at the closing price reported on the active markets on which the individual securities are traded (Level 1 inputs). |
• | U.S. government securities and corporate debt securities: Valued based upon recent bid prices or the average of recent bid and asked prices when available (Level 2 inputs) and, if not available, they are valued through matrix pricing models developed by sources considered by management to be reliable. Matrix pricing, which is a mathematical technique commonly used to price debt securities that are not actively traded, values debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2 inputs). |
• | Other debt securities includes non-U.S. government debt securities, municipal securities, mortgage and asset-backed securities, and derivatives: Non-U.S. government debt securities, municipal securities, and mortgage and asset-backed securities are valued based upon recent bid prices or the average of recent bid and asked prices when available (Level 2 inputs) and, if not available, they are valued through matrix pricing models developed by sources considered by management to be reliable. Matrix pricing, which is a mathematical technique commonly used to price debt securities that are not actively traded, values debt securities without relying exclusively on quoted prices for the specific securities but rather |
9
Ameren Corporation
Savings Investment Plan
Notes to Financial Statements
December 31, 2019 and 2018
by relying on the securities’ relationship to other benchmark quoted securities (Level 2 inputs). The fair values of exchange-traded derivatives are based upon quoted market prices (Level 1 inputs). The fair values of derivatives that are not traded on an exchange are based upon valuation models using observable market data as of the measurement date (Level 2 inputs). |
• | Mutual funds: Valued at the daily closing price as reported by the fund (Level 1 inputs). Mutual funds held by the Plan are open-end mutual funds that are registered with the Securities and Exchange Commission. These funds are required to publish their daily net asset value (NAV) and to transact at that price. The mutual funds held by the Plan are deemed to be actively traded. |
• | Collective trust funds: The fair values of participation units held in collective trusts are based on the NAV reported by the fund managers as of the financial statement dates and recent transaction prices. Under ordinary market conditions, redemptions of investments in collective trusts are permitted as of daily or monthly valuation dates, as applicable, and are executed at NAV as a practical expedient. |
The following table sets forth, by level within the fair value hierarchy, Plan assets measured at fair value on a recurring basis as of December 31, 2019:
Quoted Prices In Active Markets for Identified Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Measured at Net Asset Value as a Practical Expedient (a) | Total | |||||||||||||
Assets | ||||||||||||||||
Common stocks-Plan sponsor stock | $ | 340,199,808 | $ | — | $ | — | $ | 340,199,808 | ||||||||
Common stocks-other than Plan sponsor stock | 339,123,849 | — | — | 339,123,849 | ||||||||||||
Collective trust funds | — | — | 1,478,897,102 | 1,478,897,102 | ||||||||||||
Mutual funds | 214,580,329 | — | — | 214,580,329 | ||||||||||||
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Total assets reported at fair value | $ | 893,903,986 | $ | — | $ | 1,478,897,102 | $ | 2,372,801,088 | ||||||||
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(a) | In accordance with accounting guidance, certain investments measured at NAV per share (or its equivalent) as a practical expedient have not been classified in the fair value hierarchy. The fair value amount measured at NAV presented in this table is intended to permit reconciliation of the fair value hierarchy to the investments at fair value presented in the statement of net assets available for benefits. |
10
Ameren Corporation
Savings Investment Plan
Notes to Financial Statements
December 31, 2019 and 2018
The following table sets forth, by level within the fair value hierarchy, Plan assets measured at fair value on a recurring basis as of December 31, 2018:
Quoted Prices | Significant | Measured | ||||||||||||||
In Active | Other | at Net Asset | ||||||||||||||
Markets for | Observable | Value as a | ||||||||||||||
Identified Assets | Inputs | Practical | ||||||||||||||
(Level 1) | (Level 2) | Expedient (a) | Total | |||||||||||||
Assets | ||||||||||||||||
Margin deposit account | $ | — | $ | 18,500 | $ | — | $ | 18,500 | ||||||||
Common stocks-Plan sponsor stock | 303,608,665 | — | — | 303,608,665 | ||||||||||||
Common stocks-other than Plan sponsor stock | 267,746,608 | — | — | 267,746,608 | ||||||||||||
U.S. Government securities | — | 14,618,392 | — | 14,618,392 | ||||||||||||
Corporate debt securities | — | 23,502,146 | — | 23,502,146 | ||||||||||||
Other debt securities | 8,875 | 10,634,373 | — | 10,643,248 | ||||||||||||
Collective trust funds | — | — | 1,182,140,363 | 1,182,140,363 | ||||||||||||
Mutual funds | 168,673,474 | — | — | 168,673,474 | ||||||||||||
Liabilities | ||||||||||||||||
Other debt securities | (18,047 | ) | — | — | (18,047 | ) | ||||||||||
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Total assets reported at fair value | $ | 740,019,575 | $ | 48,773,411 | $ | 1,182,140,363 | $ | 1,970,933,349 | ||||||||
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(a) | In accordance with accounting guidance, certain investments measured at NAV per share (or its equivalent) as a practical expedient have not been classified in the fair value hierarchy. The fair value amount measured at NAV presented in this table is intended to permit reconciliation of the fair value hierarchy to the investments at fair value presented in the statement of net assets available for benefits. |
4. | Fully Benefit-Responsive Investment Contracts |
The Plan holds investments in a separately-managed stable value account that is managed by Galliard Capital Management. The separately-managed account holds (1) an investment in the Wells Fargo/BlackRock Short Term Investment Fund, and (2) a portfolio of investment contracts, valued at $289,817,950 at December 31, 2019. The separately-managed account held (1) an investment in the Wells Fargo/BlackRock Short Term Investment Fund, and (2) a portfolio of investment contracts, valued at $282,384,897 at December 31, 2018. The investment contracts meet the fully benefit-responsive investment criteria and therefore are reported at contract value. Contract value is the relevant measure for fully benefit-responsive investment contracts because this is the amount received by Participants if they were to initiate permitted transactions under the terms of the Plan. Contract value represents contributions made under each contract, plus earnings, less participant withdrawals and administrative expenses.
The investment contracts (also referred to herein as “wrapper contracts”) are issued by the following insurance companies (also referred to herein as “contract issuer(s)”):
• | American General Life Insurance Company (“AGL”) |
• | Prudential Insurance Company of America (“Prudential”) |
• | Transamerica Premier Life Insurance Company (“Transamerica”) |
• | Voya Retirement Insurance and Annuity Company (“Voya”) |
• | Massachusetts Mutual Life Insurance Company (“Mass Mutual”) |
• | Metropolitan Life Insurance Company (“Met Life”) |
11
Ameren Corporation
Savings Investment Plan
Notes to Financial Statements
December 31, 2019 and 2018
Effective July 19, 2019, the Prudential contract was terminated and replaced with the Transamerica contract. The underlying investments of the AGL, Mass Mutual, Transamerica, and Voya contracts are holdings in collective trust funds. The underlying investments of Met Life contracts are holdings in commingled portfolios of fixed income securities, which are segregated from the insurance company’s general account assets. The segregation of these assets from the insurance company’s general account offers certain protections to mitigate the risk that these assets might be subject to creditor claims other than those of the separate account guaranteed investment contract owners.
The investment contracts include wrapper contracts, which are agreements for the contract issuer to make payments to the Plan under certain circumstances. The wrapper contracts typically include certain conditions and limitations on the underlying assets owned by the Plan. The wrapper contracts are designed to accrue interest based on crediting rates calculated under the terms of the wrapper contracts, and also provide a guarantee that the crediting rate will not fall below zero percent. Cash flow volatility (for example, timing of benefit payments) as well as asset underperformance are passed through to the Plan through adjustments to future wrapper contract crediting rates. Formulas are provided in each contract that adjusts renewal crediting rates to recognize the difference between the fair value of the underlying assets and the contract value. Crediting rates are reset at least quarterly.
The Plan’s ability to receive amounts due in accordance with fully benefit-responsive investment contracts is dependent on the third-party contract issuer’s ability to meet its financial obligations. The contract issuer’s ability to meet its contractual obligations may be affected by future economic and regulatory developments.
Certain events might limit the ability of the Plan to transact at contract value. Investment contracts generally provide for withdrawals associated with certain events which are not in the ordinary course of operations. These withdrawals may be paid with a market value adjustment applied to the withdrawal as defined in the investment contract. Each contract issuer specifies the events which may trigger a market value adjustment; such events may include all or a portion of the following:
• | material amendments to the Plan’s structure or administration; |
• | changes to the Plan’s competing investment options including the elimination of equity wash provisions; |
• | complete or partial termination of the stable value account, including a merger with another investment account; |
• | the failure of the Plan to qualify for exemption from federal income taxes or any required prohibited transaction exemption under ERISA; |
• | the redemption of all or a portion of the stable value account held by a participating plan at the direction of the participating plan sponsor, including withdrawals due to the removal of a specifically identifiable group of employees from coverage under the participating plan (such as a group layoff or early retirement incentive program), the closing or sale of a subsidiary, employing unit, or affiliate, the bankruptcy or insolvency of a Plan sponsor, the merger of the Plan with another plan, or the Plan sponsor’s establishment of another tax qualified defined contribution plan; |
12
Ameren Corporation
Savings Investment Plan
Notes to Financial Statements
December 31, 2019 and 2018
• | any change in law, regulation, ruling, administrative or judicial position, or accounting requirement, applicable to the stable value account or participating plans; |
• | the delivery of any communication to Participants designed to influence a participant’s decision to stop investing in this investment option; |
• | the addition of an Asset Allocation or Managed Account service without prior approval of the contract issuer, or a material change in such service. |
No events are probable of occurring that might limit the ability of the Plan to transact at contract value on behalf of the Participants.
These investment contracts are evergreen contracts and contain termination provisions, allowing the contract issuer to terminate with notice, at any time at fair value, and providing for automatic termination of the investment contract if the contract value or the fair value of the underlying portfolio equals zero. The contract issuer is obligated to pay the excess contract value when the fair value is below contract value at the time of termination and termination was caused by certain events including fraud or misconduct related to the investment contracts, such as material misrepresentations. In addition, if the Plan defaults in its obligations under the investment contract (including the contract issuer’s determination that the agreement constitutes a non-exempt prohibited transaction as defined under ERISA), and such default is not corrected within the time permitted by the investment contract, then the investment contract may be terminated by the contract issuer and the Plan will receive the fair value as of the date of termination.
5. | Transactions with Parties-in-Interest |
Parties-in-interest are defined under Department of Labor regulations as any fiduciary of the Plan, any party rendering service to the Plan, the employer, and certain others.
At December 31, 2019, the Plan held 4,429,685 shares of Company common stock with a cost and fair value of $203,080,936 and $340,199,808, respectively. During 2019, the Plan purchased 424,595 shares at a cost of $30,789,037 and sold 649,343 shares valued at $47,491,507.
At December 31, 2018, the Plan held 4,654,433 shares of Company common stock with a cost and fair value of $201,110,751 and $303,608,665, respectively. During 2018, the Plan purchased 785,010 shares at a cost of $45,870,778 and sold 931,272 shares valued at $55,517,075.
Dividend income from Company common stock was $8,622,071 and $8,728,952 for the years ended December 31, 2019 and December 31, 2018, respectively.
At December 31, 2019 and December 31, 2018, the Plan held shares in the Fidelity Institutional Money Market Government Portfolio. This portfolio is managed by the Trustee, and therefore, qualifies as party-in-interest transactions. Notes receivable from Participants also reflect party-in-interest transactions.
Fees paid by the Plan to the Trustee for recordkeeping, trust services, and advisory services were $1,443,432 and $1,085,431 for the years ended December 31, 2019 and December 31, 2018, respectively.
13
Ameren Corporation
Savings Investment Plan
Notes to Financial Statements
December 31, 2019 and 2018
Fees paid to and investments issued by various Plan investment managers also reflect party-in-interest transactions.
These transactions are allowable party-in-interest transactions under Section 408(b)(8) of ERISA.
14
Ameren Corporation
Savings Investment Plan
Notes to Financial Statements
December 31, 2019 and 2018
6. | Reconciliation of Financial Statements to Form 5500 |
The following is a reconciliation of net assets available for benefits per the financial statements to the Form 5500 at December 31, 2019 and 2018:
2019 | 2018 | |||||||
Net assets available for benefits per the financial statements | $ | 2,704,655,953 | $ | 2,289,428,371 | ||||
Amounts allocated to deemed distributions of notes receivable from Participants | (1,736,193 | ) | (1,559,560 | ) | ||||
Adjustment from contract value to fair value for fully benefit-responsive investment contracts | 3,683,181 | (3,147,180 | ) | |||||
|
|
|
| |||||
Net assets available for benefits per the Form 5500 | $ | 2,706,602,941 | $ | 2,284,721,631 | ||||
|
|
|
|
Deemed distributions of notes receivable from Participants, resulting from defaults of notes receivable from Participants, are no longer considered assets of the Plan with respect to Form 5500 filings.
The following is a reconciliation of net increase in net assets available for benefits per the financial statements to net income per the Form 5500 for the year ended December 31, 2019:
Net increase in net assets available for benefits per the financial statements | $ | 415,227,582 | ||
Adjustment from contract value to fair value for fully benefit-responsive investment contracts as of the current year-end | 3,683,181 | |||
Adjustment from contract value to fair value for fully benefit-responsive investment contracts as of the prior year-end | 3,147,180 | |||
Less: Net increase in defaulted notes receivable from Participants | (58,050 | ) | ||
Less: Interest income of defaulted notes receivable from Participants | (118,583 | ) | ||
|
| |||
Total net income per the Form 5500 | $ | 421,881,310 | ||
|
|
7. | Federal Income Tax Status |
The Company obtained a determination letter dated January 12, 2018, in which the Internal Revenue Service stated that the Plan was in compliance with the applicable requirements of the Code. Although the Plan has been amended since receiving this determination letter, the Plan’s administrator believes that the Plan is designed and is currently being operated in compliance with the applicable requirements of the Code.
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 (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2019 and 2018, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Plan administrator believes it is no longer subject to income tax examinations for years prior to 2016.
15
Ameren Corporation
Savings Investment Plan
Notes to Financial Statements
December 31, 2019 and 2018
8. | Subsequent Events |
Effective January 1, 2020, the Plan was amended such that any shares of Company stock for which voting instructions are not received by a Participant shall be voted by the Trustee in the same proportion as the shares of Company stock for which instructions received bear to the total number of Company stock allocated to Participant accounts.
The Setting Every Community Up for Retirement Enhancement (SECURE) Act was enacted in December 2019 and most provisions in the law became effective January 1, 2020. In compliance with the law, Company adopted the provision which affects distributions to former employees. Effective for participants who turn age 70 1⁄2 after December 31, 2019, the Company will make required minimum distributions (RMDs) no later than April 1 in the year after the participant reaches the age of 72. The Company is continuing to review all other provisions of the SECURE Act.
In December 2019, a novel strain of coronavirus (“COVID-19”) was reported in Wuhan, China. On January 30, 2020, COVID-19 was declared a Public Health Emergency of International Concern by the World Health Organization. In response to COVID-19, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted on March 27, 2020. In compliance with the law, the Company has temporarily suspended RMDs for 2020. The Company is continuing to review all other provisions of the CARES Act.
As a result of the spread of COVID-19 in 2020, economic uncertainties have arisen, which have caused significant volatility in the markets. This is a rapidly evolving situation, which has disrupted economic activity and caused economic uncertainties. These disruptions could continue for a prolonged period of time or become more severe, which may negatively affect the financial results and cash flows of the Plan. The Company is continuing to monitor developments with respect to the global outbreak of COVID-19 and cannot predict the extent or duration of the outbreak or its ultimate financial impact on the Plan.
16
Ameren Corporation Savings Investment Plan
SCHEDULE G, PART III - Schedule of Nonexempt Transactions
For the year ended December 31, 2019
Name of plan sponsor: Ameren Corporation
Employer identification number: 43-1723446
Three-digit plan number: 003
(a) | (b) | (c) | (d) | (e) | ||||||||
Identity of party involved | Relationship to plan, employer, or | Description of transaction including | Current value of asset | Net gain (loss) on each transaction | ||||||||
Fidelity Investments Institutional | Service Provider | Excess compensation paid for recordkeeping services for 2019 plan year was $287,402 - VFCP filed | $ | 287,402 | $ | 107,444 |
1
Ameren Corporation Savings Investment Plan
SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
December 31, 2019
Name of plan sponsor: Ameren Corporation
Employer identification number: 43-1723446
Three-digit plan number: 003
(a) | (b) | (c) | (d) | (e) | ||||||||||
Identity of issue, borrower, | Description of investment including maturity date, | Current | ||||||||||||
| lessor, or similar party | rate of interest, collateral, par, or maturity value | Cost | value | ||||||||||
Interest-bearing Cash | ||||||||||||||
State Street Global Advisors | SSGA Short Term Investment Fund | $ | 5,063,268.94 | $ | 5,063,268.94 | |||||||||
|
|
|
| |||||||||||
Total Interest-bearing Cash | 5,063,268.94 | 5,063,268.94 | ||||||||||||
|
|
|
| |||||||||||
Mutual Funds | ||||||||||||||
American Funds Group | EuroPacific Growth Fund | 118,916,818.18 | 144,232,274.55 | |||||||||||
Sands Capital Management | Touchstone Sands Capital Institutional Growth Fund | 39,870,721.77 | 44,444,039.04 | |||||||||||
Pacific Investment Management Company | PIMCO Income Institutional Fund | 23,607,631.56 | 23,760,767.49 | |||||||||||
* | Fidelity Management Trust Company | Fidelity Institutional Money Market Government Portfolio | 2,143,247.64 | 2,143,247.64 | ||||||||||
|
|
|
| |||||||||||
Total Mutual Funds | 184,538,419.15 | 214,580,328.72 | ||||||||||||
|
|
|
| |||||||||||
Collective Investment Trusts | ||||||||||||||
BlackRock Institutional Trust Company, N.A. | BlackRock LifePath Index Retirement Fund L | 105,059,881.43 | 112,033,953.86 | |||||||||||
BlackRock Institutional Trust Company, N.A. | BlackRock LifePath Index 2025 Fund L | 100,676,958.34 | 123,168,487.02 | |||||||||||
BlackRock Institutional Trust Company, N.A. | BlackRock LifePath Index 2030 Fund L | 76,671,713.62 | 96,446,622.03 | |||||||||||
BlackRock Institutional Trust Company, N.A. | BlackRock LifePath Index 2035 Fund L | 44,269,054.82 | 56,775,433.74 | |||||||||||
BlackRock Institutional Trust Company, N.A. | BlackRock LifePath Index 2040 Fund L | 46,286,323.50 | 59,669,233.37 | |||||||||||
BlackRock Institutional Trust Company, N.A. | BlackRock LifePath Index 2045 Fund L | 43,024,601.96 | 56,333,868.65 | |||||||||||
BlackRock Institutional Trust Company, N.A. | BlackRock LifePath Index 2050 Fund L | 38,809,371.00 | 50,594,187.56 | |||||||||||
BlackRock Institutional Trust Company, N.A. | BlackRock LifePath Index 2055 Fund L | 24,867,764.56 | 31,443,040.11 | |||||||||||
BlackRock Institutional Trust Company, N.A. | BlackRock LifePath Index 2060 Fund L | 5,394,883.65 | 6,080,077.66 | |||||||||||
BlackRock Institutional Trust Company, N.A. | BlackRock LifePath Index 2065 Fund L | 84,861.61 | 86,001.70 | |||||||||||
BlackRock Institutional Trust Company, N.A. | BlackRock Equity Index Fund M | 236,753,258.32 | 352,306,599.03 | |||||||||||
BlackRock Institutional Trust Company, N.A. | BlackRock Russell 2500 Index Fund M | 115,082,374.02 | 156,769,526.52 | |||||||||||
BlackRock Institutional Trust Company, N.A. | BlackRock MSCI ACWI ex-US IMI Index Fund F | 54,922,302.30 | 58,333,484.89 | |||||||||||
BlackRock Institutional Trust Company, N.A. | BlackRock US Debt Index Fund M | 55,179,104.53 | 60,127,490.09 | |||||||||||
BlackRock Institutional Trust Company, N.A. | BlackRock TIPS Bond Index Fund M | 16,634,226.90 | 17,891,983.16 | |||||||||||
Wells Fargo Bank, N.A. | Wells Fargo Fixed Income Fund F | 83,394,570.34 | 91,214,236.48 | |||||||||||
Wells Fargo Bank, N.A. | Wells Fargo Fixed Income Fund L | 120,606,951.06 | 133,911,178.59 | |||||||||||
Wells Fargo Bank, N.A. | Wells Fargo/BlackRock Short Term Investment Fund | 15,208,661.00 | 15,208,661.00 | |||||||||||
Robeco Trust Company | Boston Partners Large Cap Value Equity Fund E | 58,234,384.29 | 89,174,661.49 | |||||||||||
Hand Benefits and Trust Company | Snyder Capital Small/Mid Cap Value Fund R1 | 50,552,589.14 | 60,272,130.61 | |||||||||||
Wellington Management Company LLP | Wellington CIF II Core Plus Bond Portfolio | 71,276,387.85 | 71,118,390.52 | |||||||||||
|
|
|
| |||||||||||
Total Collective Investment Trusts | 1,362,990,224.24 | 1,698,959,248.08 | ||||||||||||
|
|
|
| |||||||||||
Insurance Company Separate Accounts | ||||||||||||||
Metropolitan Life Ins Co. | Separate Account #690 | 25,175,225.97 | 27,132,381.00 | |||||||||||
Metropolitan Life Ins Co. | Separate Account #694 | 38,040,021.08 | 41,243,335.00 | |||||||||||
|
|
|
| |||||||||||
Total Insurance Company Separate Accounts | 63,215,247.05 | 68,375,716.00 | ||||||||||||
|
|
|
| |||||||||||
Common Stocks | ||||||||||||||
* | Ameren Corporation | 4,429,685 | Shares | 203,080,935.51 | 340,199,808.00 | |||||||||
SHOPIFY INC CL A | 1,684 | Shares | 550,410.42 | 669,524.72 | ||||||||||
ADYEN BV | 1,316 | Shares | 982,214.49 | 1,079,070.91 | ||||||||||
UNREAL INDIA CAP GAIN TAX | 1 | Shares | — | — | ||||||||||
ABBOTT LAB | 15,004 | Shares | 729,276.56 | 1,303,247.44 | ||||||||||
ADOBE INC | 7,250 | Shares | 436,947.46 | 2,391,122.50 | ||||||||||
ALEXION PHARMACEUTICALS I | 7,320 | Shares | 965,152.11 | 791,658.00 | ||||||||||
ALIBABA GROUP HLDGS LTD S | 12,516 | Shares | 1,336,920.32 | 2,654,643.60 | ||||||||||
ALPHABET INC CL C | 2,304 | Shares | 1,382,201.29 | 3,080,494.08 | ||||||||||
ALPHABET INC CL A | 1,607 | Shares | 717,825.12 | 2,152,399.73 | ||||||||||
AMAZON.COM INC | 2,584 | Shares | 1,427,704.79 | 4,774,818.56 | ||||||||||
AMERICAN TOWER CORP | 2,877 | Shares | 480,728.45 | 661,192.14 | ||||||||||
APPLE INC | 12,150 | Shares | 1,166,861.48 | 3,567,847.50 | ||||||||||
ASTRAZENECA PLC SPONS ADR | 35,021 | Shares | 1,334,779.19 | 1,746,147.06 | ||||||||||
BIOMARIN PHARMACEUTICAL I | 8,036 | Shares | 636,362.40 | 679,443.80 | ||||||||||
BOEING CO | 4,805 | Shares | 511,429.93 | 1,565,276.80 | ||||||||||
CHIPOTLE MEXICAN GRILL IN | 1,272 | Shares | 849,325.66 | 1,064,803.92 | ||||||||||
CONSTELLATION BRANDS INC | 5,352 | Shares | 961,114.16 | 1,015,542.00 | ||||||||||
COSTCO WHOLESALE CORP | 6,145 | Shares | 849,600.65 | 1,806,138.40 | ||||||||||
COUPA SOFTWARE INC | 2,711 | Shares | 380,142.06 | 396,483.75 | ||||||||||
DANAHER CORP | 6,692 | Shares | 871,763.97 | 1,027,088.16 | ||||||||||
DEXCOM INC | 2,710 | Shares | 459,135.20 | 592,785.40 | ||||||||||
DISNEY (WALT) CO | 2,967 | Shares | 402,736.95 | 429,117.21 | ||||||||||
EDWARDS LIFESCIENCES CORP | 2,580 | Shares | 562,591.63 | 601,888.20 | ||||||||||
EXACT SCIENCES CORP | 6,010 | Shares | 597,913.63 | 555,804.80 | ||||||||||
FACEBOOK INC CL A | 14,416 | Shares | 842,240.40 | 2,958,884.00 | ||||||||||
FLEETCOR TECH INC | 5,712 | Shares | 1,049,735.22 | 1,643,456.64 |
1
Ameren Corporation Savings Investment Plan
SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
December 31, 2019
Name of plan sponsor: Ameren Corporation
Employer identification number: 43-1723446
Three-digit plan number: 003
(a) | (b) | (c) | (d) | (e) | ||||||||||
Identity of issue, borrower, | Description of investment including maturity date, | Current | ||||||||||||
| lessor, or similar party | rate of interest, collateral, par, or maturity value | Cost | value | ||||||||||
GOLDMAN SACHS GROUP INC | 4,658 | Shares | 809,641.27 | 1,071,013.94 | ||||||||||
AIRBUS SE | 2,492 | Shares | 321,462.31 | 364,727.66 | ||||||||||
GUARDANT HEALTH INC | 2,160 | Shares | 167,049.55 | 168,782.40 | ||||||||||
HOME DEPOT INC | 7,245 | Shares | 1,047,102.74 | 1,582,163.10 | ||||||||||
ILLUMINA INC | 4,082 | Shares | 629,846.76 | 1,354,162.68 | ||||||||||
INTUITIVE SURGICAL INC | 1,981 | Shares | 1,076,222.43 | 1,171,068.15 | ||||||||||
JPMORGAN CHASE & CO | 5,923 | Shares | 496,157.63 | 825,666.20 | ||||||||||
KERING UNSPONSORED ADR | 25,202 | Shares | 1,157,657.57 | 1,647,202.72 | ||||||||||
ESTEE LAUDER COS INC CL A | 7,925 | Shares | 900,769.07 | 1,636,829.50 | ||||||||||
LILLY (ELI) & CO | 3,450 | Shares | 417,261.19 | 453,433.50 | ||||||||||
LULULEMON ATHLETICA INC | 6,136 | Shares | 819,112.22 | 1,421,527.12 | ||||||||||
MARRIOTT INTL INC A | 10,288 | Shares | 636,981.04 | 1,557,911.84 | ||||||||||
MASTERCARD INC CL A | 12,920 | Shares | 659,273.75 | 3,857,782.80 | ||||||||||
MICROSOFT CORP | 24,063 | Shares | 1,494,114.38 | 3,794,735.10 | ||||||||||
MONDELEZ INTL INC | 15,603 | Shares | 549,114.88 | 859,413.24 | ||||||||||
NETFLIX INC | 7,766 | Shares | 808,177.71 | 2,512,844.62 | ||||||||||
NIKE INC CL B | 25,157 | Shares | 1,078,542.99 | 2,548,655.67 | ||||||||||
NOVARTIS AG SPON ADR | 2,797 | Shares | 258,973.18 | 264,847.93 | ||||||||||
NVIDIA CORP | 7,928 | Shares | 903,721.70 | 1,865,458.40 | ||||||||||
PARKER HANNIFIN CORP | 6,234 | Shares | 987,929.89 | 1,283,081.88 | ||||||||||
PAYPAL HLDGS INC | 10,480 | Shares | 798,988.69 | 1,133,621.60 | ||||||||||
QUALCOMM INC | 12,935 | Shares | 1,077,989.00 | 1,141,255.05 | ||||||||||
S&P GLOBAL INC | 3,914 | Shares | 346,390.05 | 1,068,717.70 | ||||||||||
SALESFORCE.COM INC | 23,764 | Shares | 2,038,733.80 | 3,864,976.96 | ||||||||||
SAP SE SPON ADR | 6,433 | Shares | 873,720.86 | 861,957.67 | ||||||||||
SVCSNOW INC | 3,169 | Shares | 690,318.64 | 894,672.08 | ||||||||||
SPLUNK INC | 8,472 | Shares | 460,313.03 | 1,268,851.44 | ||||||||||
SQUARE INC CL A | 6,742 | Shares | 449,091.63 | 421,779.52 | ||||||||||
TESLA INC | 4,399 | Shares | 1,185,379.33 | 1,840,233.67 | ||||||||||
TWILIO INC CLASS A | 4,509 | Shares | 541,040.92 | 443,144.52 | ||||||||||
UBER TECH INC | 17,728 | Shares | 632,890.60 | 527,230.72 | ||||||||||
UNIVERSAL DISPLAY CORP | 878 | Shares | 172,400.58 | 180,929.46 | ||||||||||
VERTEX PHARMACEUTICALS IN | 3,978 | Shares | 447,317.36 | 870,983.10 | ||||||||||
VISA INC CL A | 16,997 | Shares | 724,613.94 | 3,193,736.30 | ||||||||||
WORKDAY INC CL A | 6,966 | Shares | 620,852.38 | 1,145,558.70 | ||||||||||
XILINX INC | 4,171 | Shares | 422,002.63 | 407,798.67 | ||||||||||
ADIENT PLC | 25,177 | Shares | 1,707,955.72 | 535,011.25 | ||||||||||
AERCAP HLDGS NV | 44,903 | Shares | 1,583,249.22 | 2,760,187.41 | ||||||||||
SUNCOR ENERGY INC | 114,479 | Shares | 3,046,035.31 | 3,754,911.20 | ||||||||||
AECOM | 38,878 | Shares | 1,126,332.65 | 1,676,808.14 | ||||||||||
AFFILIATED MANAGERS GRP I | 13,877 | Shares | 2,141,702.72 | 1,175,936.98 | ||||||||||
AIR LEASE CORP CL A | 33,890 | Shares | 1,296,369.85 | 1,610,452.80 | ||||||||||
ALLIANCE DATA SYS CORP | 15,373 | Shares | 2,570,518.38 | 1,724,850.60 | ||||||||||
AMERIPRISE FIN INC | 23,076 | Shares | 2,439,106.58 | 3,844,000.08 | ||||||||||
ARROW ELECTRONICS INC | 23,304 | Shares | 1,762,146.95 | 1,974,780.96 | ||||||||||
ASSURANT INC | 15,950 | Shares | 1,372,993.81 | 2,090,726.00 | ||||||||||
AVIS BUDGET GROUP | 23,106 | Shares | 653,756.35 | 744,937.44 | ||||||||||
BROADCOM INC | 11,423 | Shares | 1,908,548.74 | 3,609,896.46 | ||||||||||
CELANESE CORP | 29,134 | Shares | 2,240,405.11 | 3,586,978.08 | ||||||||||
CENTENE CORP | 66,037 | Shares | 3,296,105.24 | 4,151,746.19 | ||||||||||
COMMSCOPE HLDG CO INC | 47,039 | Shares | 1,425,946.58 | 667,483.41 | ||||||||||
CROWN HLDGS INC | 35,110 | Shares | 1,795,167.78 | 2,546,879.40 | ||||||||||
FLEX LTD | 137,731 | Shares | 2,159,418.87 | 1,738,165.22 | ||||||||||
EOG RESOURCES INC | 36,986 | Shares | 2,995,338.12 | 3,097,947.36 | ||||||||||
GOODYEAR TIRE & RUBBER CO | 63,462 | Shares | 1,701,505.73 | 987,151.41 | ||||||||||
HCA HEALTHCARE INC | 27,195 | Shares | 2,381,358.01 | 4,019,692.95 | ||||||||||
HANESBRANDS INC | 102,274 | Shares | 1,494,202.89 | 1,518,768.90 | ||||||||||
HERTZ GLOBAL HLDGS INC | 28,054 | Shares | 719,420.70 | 441,850.50 | ||||||||||
LINCOLN NATIONAL CORP | 55,237 | Shares | 2,785,170.43 | 3,259,535.37 | ||||||||||
MICROCHIP TECH | 37,469 | Shares | 2,858,278.37 | 3,923,753.68 | ||||||||||
O-I GLASS INC | 40,566 | Shares | 598,743.19 | 483,952.38 | ||||||||||
QUANTA SVCS INC | 41,206 | Shares | 1,400,279.83 | 1,677,496.26 | ||||||||||
QURATE RETAIL INC | 114,849 | Shares | 2,728,977.25 | 968,177.07 | ||||||||||
SYNNEX CORP | 14,223 | Shares | 1,766,484.28 | 1,831,922.40 | ||||||||||
TENNECO INC | 15,146 | Shares | 542,970.85 | 198,412.60 | ||||||||||
UNITED RENTALS INC | 22,309 | Shares | 2,966,299.81 | 3,720,471.93 | ||||||||||
WESTERN DIGITAL CORP | 53,363 | Shares | 2,830,756.19 | 3,386,949.61 | ||||||||||
WHIRLPOOL CORP | 17,321 | Shares | 3,024,389.16 | 2,555,367.13 |
2
Ameren Corporation Savings Investment Plan
SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
December 31, 2019
Name of plan sponsor: Ameren Corporation
Employer identification number: 43-1723446
Three-digit plan number: 003
(a) | (b) | (c) | (d) | (e) | ||||||||||
Identity of issue, borrower, | Description of investment including maturity date, | Current | ||||||||||||
| lessor, or similar party | rate of interest, collateral, par, or maturity value | Cost | value | ||||||||||
XPO LOGISTICS INC | 34,785 | Shares | 2,099,718.18 | 2,772,364.50 | ||||||||||
STERIS PLC | 6,729 | Shares | 819,118.85 | 1,025,634.18 | ||||||||||
FIRSTSVCS CORP | 7,405 | Shares | 244,968.65 | 688,961.20 | ||||||||||
HORIZON THERAPEUTICS PLC | 46,222 | Shares | 737,990.39 | 1,673,236.40 | ||||||||||
AXALTA COATING SYS LTD | 19,390 | Shares | 554,467.13 | 589,456.00 | ||||||||||
UNREAL INDIA CAP GAIN TAX | 1 | Shares | — | — | ||||||||||
ABIOMED INC | 3,830 | Shares | 976,818.39 | 653,359.70 | ||||||||||
ADVANCE AUTO PARTS INC | 4,363 | Shares | 670,562.46 | 698,778.08 | ||||||||||
AMEDISYS INC | 5,820 | Shares | 690,620.11 | 971,474.40 | ||||||||||
ANAPLAN INC | 9,960 | Shares | 524,857.36 | 521,904.00 | ||||||||||
ARES MANAGEMENT CORP CL A | 15,971 | Shares | 515,639.92 | 570,004.99 | ||||||||||
ASPEN TECH | 9,544 | Shares | 928,114.48 | 1,154,155.92 | ||||||||||
AVALARA INC | 11,583 | Shares | 738,810.46 | 848,454.75 | ||||||||||
BJS WHSL CLUB HLDGS INC | 50,840 | Shares | 1,286,705.29 | 1,156,101.60 | ||||||||||
BWX TECH INC | 38,031 | Shares | 1,732,984.43 | 2,360,964.48 | ||||||||||
BOOZ ALLEN HAMILTON HLDG | 14,733 | Shares | 471,952.00 | 1,047,958.29 | ||||||||||
BRINKS CO | 11,202 | Shares | 886,671.93 | 1,015,797.36 | ||||||||||
BURLINGTON STORES INC | 8,480 | Shares | 1,359,935.46 | 1,933,694.40 | ||||||||||
CBOE GLOBAL MARKETS INC | 5,980 | Shares | 491,906.48 | 717,600.00 | ||||||||||
CABLE ONE INC W/I | 670 | Shares | 520,001.83 | 997,274.90 | ||||||||||
COPART INC | 7,840 | Shares | 287,706.42 | 712,969.60 | ||||||||||
RITCHIE BROS AUCTIONEERS | 19,300 | Shares | 639,022.69 | 828,935.00 | ||||||||||
CROWN HLDGS INC | 19,280 | Shares | 1,185,526.66 | 1,398,571.20 | ||||||||||
ENCORE CAP GROUP INC | 16,809 | Shares | 595,517.91 | 594,366.24 | ||||||||||
ENCOMPASS HEALTH CORP | 25,786 | Shares | 1,306,376.36 | 1,786,196.22 | ||||||||||
ENTEGRIS INC | 6,942 | Shares | 343,023.64 | 347,724.78 | ||||||||||
ETSY INC | 12,185 | Shares | 517,337.21 | 539,795.50 | ||||||||||
EURONET WORLDWIDE INC | 11,190 | Shares | 1,067,249.85 | 1,763,096.40 | ||||||||||
FIRSTCASH INC | 11,109 | Shares | 650,980.86 | 895,718.67 | ||||||||||
GENERAC HLDGS INC | 5,550 | Shares | 552,233.21 | 558,274.50 | ||||||||||
GLAUKOS CORP | 11,019 | Shares | 409,287.08 | 600,204.93 | ||||||||||
GODADDY INC CL A | 15,736 | Shares | 1,118,225.22 | 1,068,789.12 | ||||||||||
GRAND CANYON EDUCATION IN | 16,068 | Shares | 1,437,234.02 | 1,539,153.72 | ||||||||||
GUIDEWIRE SOFTWARE INC | 6,710 | Shares | 353,186.42 | 736,556.70 | ||||||||||
HALOZYME THERAPEUTICS INC | 36,497 | Shares | 581,545.30 | 647,091.81 | ||||||||||
HEALTHCARE SVCS GROUP INC | 31,436 | Shares | 1,275,415.68 | 764,523.52 | ||||||||||
HEICO CORP CL A | 8,856 | Shares | 346,071.33 | 792,877.68 | ||||||||||
IRHYTHM TECH INC | 7,880 | Shares | 508,851.03 | 536,549.20 | ||||||||||
INSPIRE MEDICAL SYS INC | 6,276 | Shares | 360,228.40 | 465,741.96 | ||||||||||
INSULET CORP | 9,827 | Shares | 975,395.23 | 1,682,382.40 | ||||||||||
iShares Trust: iShares Ru | 1,860 | Shares | 263,908.33 | 283,798.80 | ||||||||||
iShares Russell 2000 Grow | 5,420 | Shares | 1,065,704.79 | 1,161,072.40 | ||||||||||
JONES LANG LASALLE INC | 5,198 | Shares | 666,437.87 | 904,919.82 | ||||||||||
J2 GLOBAL INC | 11,394 | Shares | 816,805.03 | 1,067,731.74 | ||||||||||
LAMB WESTON HLDGS INC | 19,740 | Shares | 1,353,242.53 | 1,698,232.20 | ||||||||||
LIGAND PHARMACEUTICALS | 7,648 | Shares | 750,720.47 | 797,609.92 | ||||||||||
LIVE NATION ENTERTAINMENT | 21,430 | Shares | 888,819.44 | 1,531,602.10 | ||||||||||
MARTIN MARIETTA MATERIALS | 6,690 | Shares | 1,343,768.57 | 1,870,791.60 | ||||||||||
NATIONAL INSTRUMENT CORP | 14,415 | Shares | 574,681.33 | 610,331.10 | ||||||||||
NICE LTD SPON ADR | 7,910 | Shares | 827,290.70 | 1,227,236.50 | ||||||||||
NOVANTA INC | 5,910 | Shares | 350,719.87 | 522,680.40 | ||||||||||
OLLIES BARGAIN OUTLET HLD | 10,330 | Shares | 653,003.94 | 674,652.30 | ||||||||||
PARSLEY ENERGY INC CL A | 21,070 | Shares | 593,903.05 | 398,433.70 | ||||||||||
PENUMBRA INC | 7,281 | Shares | 1,015,814.80 | 1,196,049.87 | ||||||||||
PERSPECTA INC | 19,970 | Shares | 534,626.46 | 528,006.80 | ||||||||||
PLANET FITNESS INC CL A | 9,580 | Shares | 707,808.41 | 715,434.40 | ||||||||||
PORTOLA PHARMACEUTICALS I | 38,912 | Shares | 1,172,951.51 | 929,218.56 | ||||||||||
PROOFPOINT INC | 6,180 | Shares | 777,767.21 | 709,340.40 | ||||||||||
PURE STORAGE INC CL A | 78,435 | Shares | 1,549,190.70 | 1,342,022.85 | ||||||||||
QUALYS INC | 1,853 | Shares | 159,602.02 | 154,484.61 | ||||||||||
ROGERS CORP | 4,629 | Shares | 666,973.64 | 577,375.17 | ||||||||||
SABRE CORP | 50,130 | Shares | 1,203,790.41 | 1,124,917.20 | ||||||||||
SIGNATURE BANK | 5,070 | Shares | 651,833.72 | 692,612.70 | ||||||||||
SITEONE LANDSCAPE SUPPLY | 7,750 | Shares | 309,445.60 | 702,537.50 | ||||||||||
TELEDYNE TECH INC | 5,006 | Shares | 980,827.23 | 1,734,779.24 | ||||||||||
TELEFLEX INC | 3,790 | Shares | 998,570.51 | 1,426,707.60 | ||||||||||
TRANSUNION | 16,270 | Shares | 772,569.15 | 1,392,874.70 | ||||||||||
TREX CO INC | 22,160 | Shares | 1,519,635.24 | 1,991,740.80 |
3
Ameren Corporation Savings Investment Plan
SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
December 31, 2019
Name of plan sponsor: Ameren Corporation
Employer identification number: 43-1723446
Three-digit plan number: 003
(a) | (b) | (c) | (d) | (e) | ||||||||||
Identity of issue, borrower, | Description of investment including maturity date, | Current | ||||||||||||
| lessor, or similar party | rate of interest, collateral, par, or maturity value | Cost | value | ||||||||||
VAIL RESORTS INC | 4,700 | Shares | 1,013,215.70 | 1,127,201.00 | ||||||||||
VARONIS SYS INC | 7,080 | Shares | 551,024.12 | 550,186.80 | ||||||||||
VERACYTE INC | 17,382 | Shares | 430,117.46 | 485,305.44 | ||||||||||
VIRTU FIN INC- CL A | 41,715 | Shares | 833,155.38 | 667,022.85 | ||||||||||
WAYFAIR INC | 5,588 | Shares | 589,262.30 | 504,987.56 | ||||||||||
WEX INC | 4,720 | Shares | 586,159.31 | 988,651.20 | ||||||||||
WORLD WRESTLING ENTMT CL | 12,200 | Shares | 864,711.19 | 791,414.00 | ||||||||||
ZYNGA INC | 142,480 | Shares | 889,737.96 | 871,977.60 | ||||||||||
CRISPR THERAPEUTICS AG | 3,671 | Shares | 251,806.55 | 223,582.26 | ||||||||||
CONSTELLIUM SE CL A | 16,635 | Shares | 240,448.94 | 222,909.00 | ||||||||||
HORIZON THERAPEUTICS PLC | 26,298 | Shares | 701,576.39 | 951,987.60 | ||||||||||
AMBARELLA INC | 8,949 | Shares | 458,759.25 | 541,951.44 | ||||||||||
UNREAL INDIA CAP GAIN TAX | 1 | Shares | — | — | ||||||||||
AAR CORP | 20,048 | Shares | 855,885.10 | 904,164.80 | ||||||||||
ACADIA PHARMACEUTICALS IN | 2,353 | Shares | 121,117.15 | 100,661.34 | ||||||||||
AMEDISYS INC | 3,865 | Shares | 527,850.60 | 645,145.80 | ||||||||||
ANAPLAN INC | 14,539 | Shares | 731,625.82 | 761,843.60 | ||||||||||
ARROWHEAD PHARMACEUTICALS | 2,000 | Shares | 141,888.40 | 126,860.00 | ||||||||||
BOOT BARN HLDGS INC | 8,426 | Shares | 199,274.72 | 375,209.78 | ||||||||||
BURLINGTON STORES INC | 5,287 | Shares | 1,061,610.89 | 1,205,594.61 | ||||||||||
CARMAX INC | 10,698 | Shares | 952,360.89 | 937,893.66 | ||||||||||
CHEGG INC | 13,892 | Shares | 351,809.88 | 526,645.72 | ||||||||||
CHEWY INC | 18,658 | Shares | 484,890.21 | 541,082.00 | ||||||||||
CLEAN HARBORS INC | 15,059 | Shares | 1,077,711.12 | 1,291,309.25 | ||||||||||
CONMED CORP | 9,757 | Shares | 956,099.40 | 1,091,125.31 | ||||||||||
COSTAR GROUP INC | 412 | Shares | 145,725.88 | 246,499.60 | ||||||||||
CROCS INC | 12,614 | Shares | 446,250.41 | 528,400.46 | ||||||||||
CROWN HLDGS INC | 17,777 | Shares | 1,168,844.83 | 1,289,543.58 | ||||||||||
CRYOPORT INC | 13,320 | Shares | 304,120.99 | 219,247.20 | ||||||||||
DEXCOM INC | 9,168 | Shares | 917,176.98 | 2,005,408.32 | ||||||||||
DOCUSIGN INC | 3,289 | Shares | 239,201.68 | 243,747.79 | ||||||||||
EVERBRIDGE INC | 10,662 | Shares | 801,670.56 | 832,488.96 | ||||||||||
EXACT SCIENCES CORP | 12,169 | Shares | 997,771.77 | 1,125,389.12 | ||||||||||
FTI CONSULTING INC | 2,252 | Shares | 239,322.25 | 249,206.32 | ||||||||||
FIVE BELOW INC | 1,924 | Shares | 224,511.32 | 246,002.64 | ||||||||||
FIVE9 INC | 14,944 | Shares | 582,133.47 | 980,027.52 | ||||||||||
FLOOR & DECOR HLDGS INC | 6,472 | Shares | 320,817.05 | 328,842.32 | ||||||||||
FRESHPET INC | 5,595 | Shares | 230,831.24 | 330,608.55 | ||||||||||
HAEMONETICS CORP MASS | 4,585 | Shares | 563,353.30 | 526,816.50 | ||||||||||
HAMILTON LANE INC — A | 6,735 | Shares | 405,296.09 | 401,406.00 | ||||||||||
INPHI CORP | 8,512 | Shares | 568,887.55 | 630,058.24 | ||||||||||
INSPIRE MEDICAL SYS INC | 18,009 | Shares | 1,012,602.78 | 1,336,447.89 | ||||||||||
INSULET CORP | 4,705 | Shares | 591,927.73 | 805,496.00 | ||||||||||
KANSAS CITY SOUTHERN | 7,013 | Shares | 899,620.63 | 1,074,111.08 | ||||||||||
KEYSIGHT TECH INC | 11,374 | Shares | 762,395.55 | 1,167,313.62 | ||||||||||
LHC GROUP INC | 4,068 | Shares | 500,164.46 | 560,407.68 | ||||||||||
LATTICE SEMICONDUCTOR COR | 33,226 | Shares | 657,817.26 | 635,945.64 | ||||||||||
LULULEMON ATHLETICA INC | 2,374 | Shares | 351,458.90 | 549,984.58 | ||||||||||
MKS INSTRUMENTS INC | 1,990 | Shares | 228,173.40 | 218,919.90 | ||||||||||
MANHATTAN ASSIC INC | 3,849 | Shares | 267,915.09 | 306,957.75 | ||||||||||
MASCO CORPORATION | 22,641 | Shares | 944,787.99 | 1,086,541.59 | ||||||||||
Mirati Therapeutics Inc | 2,029 | Shares | 200,277.23 | 261,456.94 | ||||||||||
NIC INC | 17,220 | Shares | 358,961.14 | 384,867.00 | ||||||||||
NAPCO SECURITY TECH IN | 11,521 | Shares | 345,456.73 | 338,602.19 | ||||||||||
NATERA INC | 20,710 | Shares | 718,277.48 | 697,719.90 | ||||||||||
NORDSON CORP | 2,957 | Shares | 483,585.81 | 481,517.88 | ||||||||||
NUANCE COMM INC | 20,226 | Shares | 362,310.36 | 360,629.58 | ||||||||||
OKTA INC CL A | 1,871 | Shares | 239,475.84 | 215,857.27 | ||||||||||
ON SEMICONDUCTOR CORP | 30,725 | Shares | 671,629.69 | 749,075.50 | ||||||||||
OWENS CORNING INC | 10,206 | Shares | 621,746.09 | 664,614.72 | ||||||||||
PAPA JOHNS INTL INC | 9,535 | Shares | 505,951.86 | 602,135.25 | ||||||||||
PAYCOM SOFTWARE INC | 999 | Shares | 251,329.62 | 264,495.24 | ||||||||||
PENUMBRA INC | 3,509 | Shares | 596,549.90 | 576,423.43 | ||||||||||
PERFORMANCE FOOD GROUP CO | 5,212 | Shares | 235,712.61 | 268,313.76 | ||||||||||
PINNACLE FINL PARTNERS IN | 15,096 | Shares | 907,995.13 | 966,144.00 | ||||||||||
Q2 HLDGS INC | 13,210 | Shares | 762,425.77 | 1,071,066.80 | ||||||||||
RAPID7 INC | 16,966 | Shares | 660,241.53 | 950,435.32 | ||||||||||
REATA PHARMACEUTICALS INC | 1,845 | Shares | 222,797.36 | 377,173.35 |
4
Ameren Corporation Savings Investment Plan
SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
December 31, 2019
Name of plan sponsor: Ameren Corporation
Employer identification number: 43-1723446
Three-digit plan number: 003
(a) | (b) | (c) | (d) | (e) | ||||||||||
Identity of issue, borrower, | Description of investment including maturity date, | Current | ||||||||||||
| lessor, or similar party | rate of interest, collateral, par, or maturity value | Cost | value | ||||||||||
RINGCENTRAL INC CL A | 10,469 | Shares | 1,123,663.38 | 1,765,806.23 | ||||||||||
ROKU INC CLASS A | 3,110 | Shares | 334,488.33 | 416,429.00 | ||||||||||
SVB FINL GROUP | 5,198 | Shares | 1,206,346.53 | 1,304,905.92 | ||||||||||
SAGE THERAPEUTICS INC | 3,523 | Shares | 516,566.33 | 254,325.37 | ||||||||||
SEA LTD ADR | 12,213 | Shares | 369,045.23 | 491,206.86 | ||||||||||
SUMMIT MATERIALS INC CL A | 9,828 | Shares | 242,315.88 | 234,889.20 | ||||||||||
TANDEM DIABETES CARE INC | 17,311 | Shares | 684,004.91 | 1,031,908.71 | ||||||||||
TERADYNE INC | 6,304 | Shares | 312,809.77 | 429,869.76 | ||||||||||
TETRA TECH INC | 5,763 | Shares | 432,732.48 | 496,540.08 | ||||||||||
TRANSUNION | 11,264 | Shares | 911,762.26 | 964,311.04 | ||||||||||
TYLER TECH INC | 2,770 | Shares | 686,040.16 | 831,055.40 | ||||||||||
UNIVERSAL DISPLAY CORP | 1,168 | Shares | 232,350.00 | 240,689.76 | ||||||||||
VIAVI SOLUTIONS INC | 48,194 | Shares | 707,309.04 | 722,910.00 | ||||||||||
ZEBRA TECH CORP CL A | 2,535 | Shares | 604,029.91 | 647,540.40 | ||||||||||
ZYNGA INC | 35,933 | Shares | 201,607.12 | 219,909.96 | ||||||||||
ESSENT GROUP LTD | 11,018 | Shares | 454,608.64 | 572,825.82 | ||||||||||
TRINSEO SA | 6,983 | Shares | 454,241.40 | 259,837.43 | ||||||||||
NOMAD FOODS LTD | 13,676 | Shares | 288,341.86 | 305,932.12 | ||||||||||
ASSURED GUARANTY LTD | 10,455 | Shares | 396,836.67 | 512,504.10 | ||||||||||
JAZZ PHARMA PLC | 1,893 | Shares | 318,489.54 | 282,587.04 | ||||||||||
ENERPLUS CORP | 43,462 | Shares | 525,191.02 | 309,884.06 | ||||||||||
ICON PLC | 2,975 | Shares | 413,929.06 | 512,384.25 | ||||||||||
ACCO BRANDS CORP | 34,153 | Shares | 449,477.27 | 319,672.08 | ||||||||||
ABM INDU INC | 15,588 | Shares | 512,124.71 | 587,823.48 | ||||||||||
AGNC INVESTMENT CORP | 21,409 | Shares | 390,127.54 | 378,511.12 | ||||||||||
AES CORP | 15,410 | Shares | 207,745.44 | 306,659.00 | ||||||||||
AMC NETWORKS INC CL A | 4,493 | Shares | 273,147.96 | 177,473.50 | ||||||||||
ASGN INC | 9,294 | Shares | 744,624.56 | 659,595.18 | ||||||||||
AECOM | 10,772 | Shares | 357,070.34 | 464,596.36 | ||||||||||
AEGION CORP | 20,030 | Shares | 403,547.20 | 448,071.10 | ||||||||||
AIR LEASE CORP CL A | 17,716 | Shares | 746,354.90 | 841,864.32 | ||||||||||
ALASKA AIR GROUP INC | 4,471 | Shares | 284,916.40 | 302,910.25 | ||||||||||
ALLEGHANY CORP DEL | 652 | Shares | 403,796.47 | 521,319.64 | ||||||||||
ALLIANCE DATA SYS CORP | 1,790 | Shares | 386,846.88 | 200,838.00 | ||||||||||
ALLY FIN INC | 5,545 | Shares | 155,607.52 | 169,455.20 | ||||||||||
APERGY CORP | 7,675 | Shares | 226,984.40 | 259,261.50 | ||||||||||
ARES CAPITAL CORP | 10,506 | Shares | 179,942.67 | 195,936.90 | ||||||||||
ARES COMMERCIAL REAL ESTA | 10,785 | Shares | 153,389.43 | 170,834.40 | ||||||||||
ARROW ELECTRONICS INC | 7,695 | Shares | 565,806.68 | 652,074.30 | ||||||||||
ASSURANT INC | 2,638 | Shares | 277,161.73 | 345,789.04 | ||||||||||
AVANTOR INC | 21,763 | Shares | 307,299.51 | 394,998.45 | ||||||||||
AVERY DENNISON CORP | 1,545 | Shares | 145,288.06 | 202,116.90 | ||||||||||
BMC STK HLDGS INC | 7,089 | Shares | 152,843.24 | 203,383.41 | ||||||||||
BANKUNITED INC | 10,555 | Shares | 404,508.91 | 385,890.80 | ||||||||||
BELDEN INC | 12,019 | Shares | 748,218.41 | 661,045.00 | ||||||||||
BLACKSTONE MORTGAGE TR CL | 8,442 | Shares | 280,459.41 | 314,211.24 | ||||||||||
BOOZ ALLEN HAMILTON HLDG | 4,017 | Shares | 199,054.97 | 285,729.21 | ||||||||||
BOSTON PRIVATE FINL HLDG | 12,410 | Shares | 158,354.45 | 149,292.30 | ||||||||||
CDK GLOBAL INC | 17,478 | Shares | 988,300.92 | 955,697.04 | ||||||||||
CDW CORPORATION | 1,279 | Shares | 116,465.52 | 182,692.36 | ||||||||||
CADENCE BANCORP CL A | 10,499 | Shares | 247,890.71 | 190,346.87 | ||||||||||
CARLISLE COS INC | 1,393 | Shares | 165,341.93 | 225,443.12 | ||||||||||
CENTERSTATE BANKS CORPORA | 11,172 | Shares | 308,971.45 | 279,076.56 | ||||||||||
CHANGE HEALTHCARE INC | 27,499 | Shares | 371,401.13 | 450,708.61 | ||||||||||
CHATHAM LODGING TR | 2,197 | Shares | 44,533.84 | 40,292.98 | ||||||||||
CHEMED CORP | 398 | Shares | 132,576.40 | 174,825.48 | ||||||||||
CIENA CORP | 14,463 | Shares | 412,714.74 | 617,425.47 | ||||||||||
CIMAREX ENERGY CO | 4,465 | Shares | 361,473.70 | 234,367.85 | ||||||||||
COHERENT INC | 1,999 | Shares | 324,886.49 | 332,533.65 | ||||||||||
COLONY CAPITAL INC | 42,996 | Shares | 234,249.81 | 204,231.00 | ||||||||||
COLUMBIA BANKING SYS INC | 5,398 | Shares | 209,201.19 | 219,617.63 | ||||||||||
COMMSCOPE HLDG CO INC | 16,019 | Shares | 342,986.14 | 227,309.61 | ||||||||||
FRESH DEL MONTE PRODUCE I | 8,089 | Shares | 327,708.73 | 282,953.22 | ||||||||||
COUSINS PROPERTIES INC | 4,373 | Shares | 147,011.02 | 180,167.60 | ||||||||||
AMDOCS LTD | 5,959 | Shares | 399,754.24 | 430,180.21 | ||||||||||
CURTISS WRIGHT CORPORATIO | 1,961 | Shares | 208,643.14 | 276,285.29 | ||||||||||
WHITE MOUNTAINS INS GROUP | 404 | Shares | 374,648.28 | 450,666.04 | ||||||||||
FLEX LTD | 21,928 | Shares | 298,241.97 | 276,731.36 |
5
Ameren Corporation Savings Investment Plan
SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
December 31, 2019
Name of plan sponsor: Ameren Corporation
Employer identification number: 43-1723446
Three-digit plan number: 003
(a) | (b) | (c) | (d) | (e) | ||||||||||
Identity of issue, borrower, | Description of investment including maturity date, | Current | ||||||||||||
| lessor, or similar party | rate of interest, collateral, par, or maturity value | Cost | value | ||||||||||
DIAMONDBACK ENERGY INC | 3,659 | Shares | 456,444.79 | 339,774.74 | ||||||||||
EVEREST REINSURANCE GROUP | 1,749 | Shares | 409,621.94 | 484,193.16 | ||||||||||
AXIS CAPITAL HLDGS LTD | 5,574 | Shares | 320,381.79 | 331,318.56 | ||||||||||
EAST WEST BANCORP INC | 10,204 | Shares | 611,385.63 | 496,934.80 | ||||||||||
ENCANA CORP | 42,166 | Shares | 261,755.38 | 197,758.54 | ||||||||||
ENERGIZER HLDGS INC | 15,561 | Shares | 813,419.74 | 781,473.42 | ||||||||||
ENERSYS INC | 9,187 | Shares | 700,073.30 | 687,463.21 | ||||||||||
ENTERCOM COMM CORP CL A | 38,892 | Shares | 238,529.39 | 180,458.88 | ||||||||||
ENVISTA HLDGS CORP | 13,080 | Shares | 342,213.97 | 387,691.20 | ||||||||||
EQUITRANS MIDSTREAM CORP | 5,012 | Shares | 146,286.33 | 66,960.32 | ||||||||||
EVERCORE INC A | 4,586 | Shares | 365,052.67 | 342,849.36 | ||||||||||
EVERTEC INC | 6,649 | Shares | 184,137.10 | 226,331.96 | ||||||||||
EXTENDED STAY AMERICA INC | 28,099 | Shares | 412,592.14 | 417,551.14 | ||||||||||
FMC CORP NEW | 1,923 | Shares | 143,236.58 | 191,953.86 | ||||||||||
FTI CONSULTING INC | 6,184 | Shares | 445,861.09 | 684,321.44 | ||||||||||
FIRST CITIZENS BANCSHARES | 622 | Shares | 258,692.32 | 331,034.62 | ||||||||||
FIRST HAWAIIAN INC | 18,117 | Shares | 467,891.99 | 522,675.45 | ||||||||||
FIRST MERCHANTS CORP | 7,279 | Shares | 330,390.88 | 302,733.61 | ||||||||||
FIRST MIDWEST BANCORP INC | 12,471 | Shares | 304,860.94 | 287,581.26 | ||||||||||
FIRSTCASH INC | 3,653 | Shares | 332,961.53 | 294,541.39 | ||||||||||
FOOT LOCKER INC | 4,630 | Shares | 183,032.20 | 180,523.70 | ||||||||||
FRONTDOOR INC | 7,916 | Shares | 291,314.86 | 375,376.72 | ||||||||||
GENTEX CORP | 10,246 | Shares | 221,203.42 | 296,929.08 | ||||||||||
GRAPHIC PACKAGING HLDGS C | 89,444 | Shares | 1,235,726.30 | 1,489,242.60 | ||||||||||
GROUP 1 AUTOMOTIVE INC | 2,926 | Shares | 204,738.37 | 292,600.00 | ||||||||||
HD SUPPLY HLDGS INC | 3,914 | Shares | 154,294.66 | 157,421.08 | ||||||||||
HANMI FIN CORPORATION | 8,735 | Shares | 230,065.30 | 174,656.33 | ||||||||||
HANOVER INSURANCE GROUP I | 2,488 | Shares | 308,380.17 | 340,034.96 | ||||||||||
HUNTINGTON BANCSHARES INC | 22,980 | Shares | 309,008.77 | 346,538.40 | ||||||||||
HUNTINGTON INC | 592 | Shares | 135,034.01 | 148,520.96 | ||||||||||
HURON CONSULTING GROUP IN | 3,530 | Shares | 163,853.30 | 242,581.60 | ||||||||||
IAA INC | 15,218 | Shares | 551,765.15 | 716,159.08 | ||||||||||
INSIGHT ENTERPRISES INC | 8,865 | Shares | 456,302.20 | 623,120.85 | ||||||||||
JAGGED PEAK ENERGY INC | 26,675 | Shares | 279,688.18 | 226,470.75 | ||||||||||
JEFFERIES FIN GROUP INC | 18,986 | Shares | 422,821.42 | 405,730.82 | ||||||||||
JONES LANG LASALLE INC | 2,452 | Shares | 393,548.76 | 426,868.68 | ||||||||||
KAR AUCTION SVCS INC | 18,814 | Shares | 413,913.50 | 409,957.06 | ||||||||||
KOSMOS ENERGY LTD | 82,254 | Shares | 515,621.95 | 468,847.80 | ||||||||||
LCI INDU | 5,482 | Shares | 488,669.30 | 587,286.66 | ||||||||||
LPL FINL HLDGS INC | 4,486 | Shares | 302,463.48 | 413,833.50 | ||||||||||
LA Z BOY INC | 4,754 | Shares | 152,504.62 | 149,655.92 | ||||||||||
LANDSTAR SYS INC | 1,639 | Shares | 184,274.49 | 186,632.93 | ||||||||||
LITHIA MOTORS INC CL A | 5,686 | Shares | 555,755.79 | 835,842.00 | ||||||||||
MFA FIN INC | 61,207 | Shares | 461,189.81 | 468,233.55 | ||||||||||
STEVEN MADDEN LTD | 12,470 | Shares | 460,111.74 | 536,334.70 | ||||||||||
MARATHON OIL CORP | 12,895 | Shares | 214,829.76 | 175,114.10 | ||||||||||
MAXIMUS INC | 1,611 | Shares | 107,171.30 | 119,842.29 | ||||||||||
MINERALS TECH INC | 7,293 | Shares | 526,205.97 | 420,295.59 | ||||||||||
MOLINA HEALTHCARE INC | 3,823 | Shares | 498,843.17 | 518,742.87 | ||||||||||
MOSAIC CO NEW | 9,807 | Shares | 309,371.11 | 212,223.48 | ||||||||||
NCR CORP | 13,487 | Shares | 403,060.98 | 474,202.92 | ||||||||||
NMI HLDGS INC | 5,871 | Shares | 158,112.95 | 194,799.78 | ||||||||||
NATIONAL GEN HLDGS CORP | 26,854 | Shares | 700,914.64 | 593,473.40 | ||||||||||
NAVIENT CORP | 42,383 | Shares | 580,568.16 | 579,799.44 | ||||||||||
NELNET INC CL A | 2,886 | Shares | 175,096.78 | 168,080.64 | ||||||||||
NEXSTAR MEDIA GROUP INC A | 4,309 | Shares | 460,851.66 | 505,230.25 | ||||||||||
O-I GLASS INC | 14,309 | Shares | 237,164.89 | 170,706.37 | ||||||||||
OLIN CORP | 10,153 | Shares | 176,148.78 | 175,139.25 | ||||||||||
ON SEMICONDUCTOR CORP | 9,514 | Shares | 218,090.56 | 231,951.32 | ||||||||||
OWENS CORNING INC | 6,144 | Shares | 389,586.77 | 400,097.28 | ||||||||||
PRA GROUP INC | 7,734 | Shares | 313,583.13 | 280,744.20 | ||||||||||
PATTERSON COMPANIES INC | 7,635 | Shares | 171,761.63 | 156,364.80 | ||||||||||
PEAPACK GLADSTONE FINL CO | 5,279 | Shares | 160,184.95 | 163,121.10 | ||||||||||
PQ GROUP HLDGS INC | 22,402 | Shares | 390,991.50 | 384,866.36 | ||||||||||
PREFERRED BANK LOS ANGELE | 3,396 | Shares | 205,680.44 | 204,065.64 | ||||||||||
PROASSURANCE CORPORATION | 7,005 | Shares | 306,604.58 | 253,160.70 | ||||||||||
QORVO INC | 5,517 | Shares | 425,209.17 | 641,240.91 | ||||||||||
RADIAN GROUP INC | 11,932 | Shares | 223,953.61 | 300,209.12 |
6
Ameren Corporation Savings Investment Plan
SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
December 31, 2019
Name of plan sponsor: Ameren Corporation
Employer identification number: 43-1723446
Three-digit plan number: 003
(a) | (b) | (c) | (d) | (e) | ||||||||||
Identity of issue, borrower, | Description of investment including maturity date, | Current | ||||||||||||
| lessor, or similar party | rate of interest, collateral, par, or maturity value | Cost | value | ||||||||||
REDWOOD TR INC REIT | 10,396 | Shares | 164,799.82 | 171,949.84 | ||||||||||
REINSURANCE GROUP OF AMER | 3,336 | Shares | 483,641.56 | 543,968.16 | ||||||||||
SL GREEN REALTY CORP REIT | 2,129 | Shares | 195,765.59 | 195,612.52 | ||||||||||
SLM CORP | 104,251 | Shares | 1,136,437.01 | 928,876.41 | ||||||||||
SVB FINL GROUP | 918 | Shares | 195,821.98 | 230,454.72 | ||||||||||
SCHWEITZER-MAUDUIT INTL I | 11,598 | Shares | 485,844.96 | 487,000.02 | ||||||||||
SCIENCE APPLICATIONS INTL | 5,255 | Shares | 432,267.53 | 457,290.10 | ||||||||||
SKECHERS USA INC CL A | 14,581 | Shares | 435,605.51 | 629,753.39 | ||||||||||
SPECTRUM BRANDS HLDGS INC | 3,374 | Shares | 171,050.19 | 216,914.46 | ||||||||||
SPIRIT AIRLINES INC | 5,558 | Shares | 281,670.98 | 224,042.98 | ||||||||||
SPIRIT RLTY CAP INC | 4,149 | Shares | 172,179.68 | 204,047.82 | ||||||||||
STANDARD MOTOR PRODUCTS I | 3,385 | Shares | 164,780.51 | 180,149.70 | ||||||||||
STARWOOD PROPERTY TR INC | 19,841 | Shares | 443,381.46 | 493,247.26 | ||||||||||
SUNCOKE ENERGY INC | 51,224 | Shares | 630,173.23 | 319,125.52 | ||||||||||
SYKES ENTERPRISES INC | 5,941 | Shares | 178,654.79 | 219,757.59 | ||||||||||
SYNOVUS FINANCIAL CORP. | 11,877 | Shares | 505,520.00 | 465,578.40 | ||||||||||
SYNNEX CORP | 7,593 | Shares | 719,782.10 | 977,978.40 | ||||||||||
SYNEOS HEALTH INC | 11,868 | Shares | 584,238.41 | 705,849.30 | ||||||||||
TERADYNE INC | 6,247 | Shares | 255,386.58 | 425,982.93 | ||||||||||
TETRA TECH INC | 3,794 | Shares | 241,033.98 | 326,891.04 | ||||||||||
TIMKEN CO | 7,393 | Shares | 343,662.20 | 416,299.83 | ||||||||||
TTEC HLDGS INC | 11,866 | Shares | 414,935.05 | 470,130.92 | ||||||||||
TUTOR PERINI CORP | 14,070 | Shares | 260,700.01 | 180,940.20 | ||||||||||
TWO HBRS INVT CORP | 63,180 | Shares | 956,957.42 | 923,691.60 | ||||||||||
UMPQUA HLDGS CORP | 13,374 | Shares | 253,920.10 | 236,719.80 | ||||||||||
UNIVERSAL CORP | 4,949 | Shares | 308,912.20 | 282,389.94 | ||||||||||
VALVOLINE INC | 23,441 | Shares | 501,923.22 | 501,871.81 | ||||||||||
VISTRA ENERGY CORP | 11,824 | Shares | 302,731.29 | 271,833.76 | ||||||||||
WALKER & DUNLOP INC | 13,714 | Shares | 795,830.12 | 887,021.52 | ||||||||||
WESCO INTL INC | 8,558 | Shares | 467,787.63 | 508,259.62 | ||||||||||
WORLD FUEL SVCS CORP | 23,279 | Shares | 556,001.73 | 1,010,774.18 | ||||||||||
WYNDHAM DESTINATIONS INC | 7,815 | Shares | 358,382.11 | 403,957.35 | ||||||||||
YELP INC | 11,831 | Shares | 398,050.19 | 412,073.73 | ||||||||||
|
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|
| |||||||||
Total Common Stocks | 469,230,709.12 | 679,323,657.40 | ||||||||||||
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|
| |||||||||||
Notes Receivable | ||||||||||||||
* / ** | Participants | Participant Loans | 33,618,334.64 | 33,618,334.64 | ||||||||||
|
|
|
| |||||||||||
$ | 2,118,656,203.14 | $ | 2,699,920,553.78 | |||||||||||
|
|
|
|
|
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* | Investment represents allowable transaction with a party-in-interest. |
** | Interest rates vary from 4.00% to 10.50% on loans maturing through 2029. |
7
SIGNATURE
The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, the trustee (or other persons who administer the employee benefit plan) has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
AMEREN CORPORATION | ||
SAVINGS INVESTMENT PLAN | ||
AMEREN ADMINISTRATIVE COMMITTEE | ||
(Administrator) | ||
By: | /s/ Marla J. Langenhorst | |
Marla J. Langenhorst | ||
Member of the Administrative Committee |
October 27, 2023