UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 11-K
(Mark One)
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| | ý | ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the fiscal year ended December 31, 2015
OR
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| | ¨ | TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
Commission file number 001-37702
THE RETIREMENT AND SAVINGS PLAN FOR
AMGEN MANUFACTURING, LIMITED
State Road 31, Kilometer 24.6, Juncos, Puerto Rico 00777
(Full title and address of the plan)
AMGEN INC.
(Name of issuer of the securities held)
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| | |
| | | |
| One Amgen Center Drive, | | 91320-1799 |
| Thousand Oaks, California | | (Zip Code) |
| (Address of principal executive offices) | | |
The Retirement and Savings Plan for
Amgen Manufacturing, Limited
Audited Financial Statements
and Supplemental Schedule
Years Ended December 31, 2015 and 2014
Contents
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| Audited Financial Statements: | |
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| Supplemental Schedule: | |
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Report of Independent Registered Public Accounting Firm
Amgen Manufacturing, Limited, as Named Fiduciary, and the Plan Participants
of The Retirement and Savings Plan for Amgen Manufacturing, Limited
We have audited the accompanying statements of net assets available for benefits of The Retirement and Savings Plan for Amgen Manufacturing, Limited (the Plan) as of December 31, 2015 and 2014, and the related statements of changes in net assets available for benefits for the years then ended. 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 audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. We were not engaged to perform an audit of the Plan’s internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, 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. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan at December 31, 2015 and 2014, and the changes in its net assets available for benefits for the years then ended, in conformity with U.S. generally accepted accounting principles.
The accompanying supplemental schedule of assets (held at end of year) as of December 31, 2015, has been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The information in the supplemental schedule is the responsibility of the Plan’s management. Our audit procedures included determining whether the information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental schedule. In forming our opinion on the information, we evaluated whether such information, including its form and content, is presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the information is fairly stated, in all material respects, in relation to the financial statements as a whole.
/s/ ERNST & YOUNG LLP
Los Angeles, California
June 15, 2016
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Statements of Net Assets Available for Benefits
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| | | | | | | | |
| | | December 31, |
| | | 2015 | | 2014 |
| Assets | | | | |
| Investments at fair value | | $ | 321,774,040 |
| | $ | 319,091,349 |
|
| Notes receivable from participants | | 15,201,879 |
| | 15,840,310 |
|
| Other – principally due from broker | | 1,048,898 |
| | 178,553 |
|
| Total assets | | 338,024,817 |
| | 335,110,212 |
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| Liabilities | | | | |
| Other – principally due to broker | | 227,238 |
| | 413,456 |
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| Total liabilities | | 227,238 |
| | 413,456 |
|
| Net assets available for benefits | | $ | 337,797,579 |
| | $ | 334,696,756 |
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See accompanying notes.
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Statements of Changes in Net Assets Available for Benefits
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| | | | | | | | |
| | | Year Ended December 31, |
| | | 2015 | | 2014 |
| Additions to (deductions from) net assets: | | | | |
| Employer contributions | | $ | 13,236,920 |
| | $ | 13,570,545 |
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| Participant contributions | | 11,755,741 |
| | 11,743,446 |
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| Rollover contributions | | — |
| | 137,039 |
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| Interest and dividend income | | 3,213,064 |
| | 3,080,258 |
|
| Net realized/unrealized (losses) gains | | (3,900,677 | ) | | 35,869,647 |
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| Interest income on notes receivable from participants | | 637,600 |
| | 629,149 |
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| Benefits paid | | (21,373,415 | ) | | (20,261,911 | ) |
| Investment and administrative fees | | (468,410 | ) | | (435,845 | ) |
| Net increase | | 3,100,823 |
| | 44,332,328 |
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| Net assets available for benefits at beginning of year | | 334,696,756 |
| | 290,364,428 |
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| Net assets available for benefits at end of year | | $ | 337,797,579 |
| | $ | 334,696,756 |
|
See accompanying notes.
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements
December 31, 2015
1. Description of the Plan
The following description of The Retirement and Savings Plan for Amgen Manufacturing, Limited (the Plan) provides only general information. Participants should refer to the Plan document for a more complete description of the Plan’s provisions.
General
The Plan was established effective January 1, 2002, most recently amended and restated effective January 1, 2012, and subsequently amended, with the most recent amendment adopted on December 2, 2015. The Plan is a defined contribution plan covering substantially all Puerto Rico resident employees of Amgen Manufacturing, Limited (the Company), a wholly owned subsidiary of Amgen Inc. (Amgen). The Plan, as amended and restated, is intended to qualify under Section 1081.01 of the New Puerto Rico Internal Revenue Code (the PR Code) (see Note 4, Income Tax Status) and section 407(d)(3)(A) of the Employee Retirement Income Security Act of 1974 (ERISA).
Contributions
Subject to certain limitations (as defined in the Plan), participants may elect to contribute up to 30% of their eligible compensation in pre-tax contributions and after-tax contributions or a combination of these types of contributions. A participant’s pre-tax contributions are subject to PR Code and Plan limitations and could not exceed $15,000 in 2015 and 2014. Participants may elect to contribute after-tax contributions beginning January 1 of the year following the year the participant was hired. Participant after-tax contributions are subject to PR Code and Plan limitations and could not exceed $1,500 in 2015 and 2014. Unless an employee has voluntarily enrolled in the Plan or has declined to participate in the Plan within the first 30 days of employment, all newly eligible participants are automatically enrolled in the Plan, and contributions equal to 5% of their eligible compensation are withheld and contributed to the Plan as pre-tax contributions; such contributions are automatically increased by 1% per year until their contributions reach 10% of their eligible compensation. Participants may elect to adjust, cease or resume their contributions at any time.
Participants who are at least age 50 by the close of the Plan year may also elect to make certain additional pre-tax contributions, referred to as catch-up contributions, that are subject to PR Code and Plan limitations and could not exceed $1,500 in 2015 and 2014. Participants may also contribute pre-tax and after-tax amounts representing distributions from certain other retirement plans qualified in Puerto Rico, referred to as rollover contributions (as defined in the Plan).
Each pay period, the Company makes a non-elective contribution for all eligible participants, whether or not they have elected to make contributions to the Plan, equal to 4% of each participant’s eligible compensation up to a maximum of $10,600 in 2015 and $10,400 in 2014 (Core Contributions). In addition, the Company makes a contribution equal to amounts contributed by the participant as pre-tax contributions, including catch-up contributions, of up to 5% of eligible compensation (Matching Contributions). Matching Contributions could not exceed $13,250 in 2015 and $13,000 in 2014.
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
1. Description of the Plan (continued)
Contributions (continued)
Participants select the investments in which their contributions, including their Core Contributions and Matching Contributions (collectively, Company Contributions), are to be invested, electing among various alternatives, including Amgen Inc. common stock (Amgen stock). Participants may direct a maximum of 20% of contributions to be invested in Amgen stock. In addition, participants may transfer amounts among the investment options at any time, subject to certain limitations. Notwithstanding the foregoing, if 20% or more of the value of a participant’s Plan account is invested in Amgen stock, the Plan document provides that no transfers from other investment options can be made to invest in Amgen stock.
The accounts of participants who had never made an investment election are allocated to investments under a qualified default investment alternative, which is intended to be compliant with ERISA regulations. At any time, participants may elect to alter the investments in their accounts made under a qualified default investment alternative.
Vesting
Participants are immediately vested with respect to their contributions, Company Contributions, and earnings and losses (hereafter referred to as earnings) thereon.
Participant Accounts
Each participant’s account is credited with: (a) the participant’s contributions; (b) an allocation of Company Contributions; and (c) earnings. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s account.
Plan Investments
Participants can invest in any of 16 different asset classes as well as Amgen stock or may actively manage their account under a self-directed brokerage arrangement in which a wider array of investment options are available. The value of an investment in an asset class is determined by its underlying investment vehicles, which may include one or more of the following: mutual funds, collective trust funds and portfolios, which are separately managed exclusively for the benefit of Plan participants and their beneficiaries (separately managed portfolios). The separately managed portfolios are primarily composed of investments in publicly traded common and preferred stocks. The asset classes are designed to provide participants with choices among a variety of investment objectives.
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
1. Description of the Plan (continued)
Payments of Benefits
Subject to Plan limitations, upon termination of employment, including termination due to disability (as defined in the Plan) or retirement, a participant may elect to receive an amount equal to the entire value of his or her account balance in: (a) a single payment in cash; (b) a single distribution in full shares of Amgen stock (with any fractional shares paid in cash); (c) a single distribution paid in a combination of cash and full shares of Amgen stock; or (d) a rollover distribution to an eligible retirement plan. Effective January 1, 2015, a participant may also elect to receive a partial distribution of his or her account balance no more than once per year.
If a participant dies before receiving the value of his or her account balance, the participant’s named beneficiary may elect to receive the distribution of remaining funds from among the alternatives described above, subject to certain Plan limitations.
Subsequent to termination of employment, participants may also elect to maintain their account balance in the Plan, provided that their account balance is greater than $1,000.
Certain restrictions apply to withdrawals from the Plan while a participant continues to be employed by the Company.
Notes Receivable from Participants
Subject to certain restrictions, a participant can have up to two loans outstanding at any one time from his or her Plan account with a combined maximum loan amount which may not exceed the lesser of: (a) 50% of the participant’s account balance or (b) $50,000 less certain adjustments, as applicable (as defined in the Plan). A participant’s loan is secured by his or her Plan account balance. Loans made prior to January 1, 2006, bear interest at fixed rates based on the average borrowing rates of certain major banks. Loans made on or after January 1, 2006, bear interest at fixed rates which, until changed by the Company, are based on the prime rate plus one percentage point as published in The Wall Street Journal, determined as of the last day of the calendar quarter preceding origination or such other rate as may be required by law. Loans are generally payable in installments over periods ranging from one to five years, unless the loan is used to acquire a principal residence for which the term of the loan may be up to 20 years. Principal and interest payments are allocated to the participant’s account.
Plan Termination
Although it has not expressed any intent to do so, the Company has the right under the Plan to terminate the Plan subject to the provisions of ERISA. Upon termination, participants would receive distributions of their account balances.
Trustee
Banco Popular de Puerto Rico is the Plan’s trustee.
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
2. Summary of Significant Accounting Policies
Basis of Accounting
The accompanying financial statements are prepared on the accrual basis of accounting.
Fair Value Measurement
The investments of the Plan are reported at fair value. Fair value is generally defined as the price that would be received to sell an asset or paid to transfer a liability (the exit price) in an orderly transaction between market participants at the measurement date (see Note 3, Fair Value Measurements).
Investment Income and Losses
Dividend income is recognized on the ex-dividend date, and interest income is recorded on an accrual basis. Unrealized gains and losses on investments are measured by the change in the difference between the fair value and cost of the securities held at the beginning of the year (or date purchased if acquired during the Plan year) and the end of the year. Realized gains and losses from security transactions are recorded based on the weighted-average cost of securities sold.
Notes Receivable from Participants
Notes receivable from participants are carried at their unpaid balance plus accrued but unpaid interest, as applicable.
Due from/to Brokers
Purchases and sales of investments are recorded on a trade-date basis. Amounts due from and due to brokers arise from unsettled sale and purchase transactions as of December 31, 2015 and 2014.
Use of Estimates
The preparation of financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
2. Summary of Significant Accounting Policies (continued)
New Accounting Pronouncements
During the year ended December 31, 2015, the Plan retrospectively adopted a new accounting standard that eliminated certain disclosure requirements, including: (i) net appreciation/depreciation of plan assets disaggregated by class of investment; (ii) identification of individual investments that represent 5% or more of the net assets available for benefits; and (iii) significant investment strategies for investments for which fair value is estimated using the net asset value per share provided by the fund manager as a practical expedient, such as the Plan’s investments in collective trust funds. The new standard also specified that plan assets measured at fair value may be disaggregated by general type (including assets in self-directed brokerage accounts) and eliminated the requirement for disaggregation by nature and risk of investment (see Note 3, Fair Value Measurements). In addition, the new standard eliminated the reporting requirements for indirect investments in fully benefit-responsive investment contracts (investments in collective trust funds that own fully benefit-responsive investment contracts). Previously, the Plan’s proportionate share of the difference between the fair value and contract value of a collective trust fund’s assets invested in such contracts was presented in the Statement of Net Assets Available for Benefits.
During the year ended December 31, 2015, the Plan also retrospectively adopted a new accounting that eliminated the requirement to categorize within the fair value hierarchy investments for which fair value is estimated using the net asset value per share provided by the fund manager as a practical expedient, such as the Plan’s investments in collective trust funds. These investments are now shown as a reconciling item between the amount in the fair value hierarchy table and the total of the Plan’s investments recognized at fair value in the Statements of Net Assets Available for Benefits (see Note 3, Fair Value Measurements).
3. Fair Value Measurements
The Plan uses various valuation approaches in determining the fair value of investments within a hierarchy that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the investment based on market data obtained from independent sources. Unobservable inputs are inputs that reflect assumptions about the inputs that market participants would use in pricing the investment and are developed based on the best information available in the circumstances. The fair value hierarchy is divided into three levels based on the source of inputs as follows:
Level 1 – Valuations based on unadjusted quoted prices in active markets for identical investments that the Plan has the ability to access;
Level 2 – Valuations for which all significant inputs are observable, either directly or indirectly, other than Level 1 inputs;
Level 3 – Valuations based on inputs that are unobservable and significant to the overall fair value measurement.
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
3. Fair Value Measurements (continued)
The availability of observable inputs can vary among the various types of investments. To the extent that the valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. In certain cases, the inputs used for measuring fair value may fall into different levels of the fair value hierarchy. In such cases, for financial statement disclosure purposes, the level in the fair value hierarchy within which the fair value measurement is categorized is based on the lowest level of input used that is significant to the overall fair value measurement.
The following fair value hierarchy table presents information about each major class/category of the Plan’s investments measured at fair value:
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| | | | | | | | | | | | | | | | |
| | | Fair value measurements at December 31, 2015, using |
| | | Quoted prices in active markets for identical assets (Level 1) | | Significant other observable inputs (Level 2) | | Significant unobservable inputs (Level 3) | | Total |
| Amgen stock | | $ | 74,742,644 |
| | $ | — |
| | $ | — |
| | $ | 74,742,644 |
|
| Cash and cash equivalents | | 12,136 |
| | — |
| | — |
| | 12,136 |
|
| Common and preferred stocks | | 61,872,076 |
| | 272,797 |
| | — |
| | 62,144,873 |
|
| Mutual funds | | 35,304,246 |
| | — |
| | — |
| | 35,304,246 |
|
| Self-directed brokerage accounts | | 950,806 |
| | — |
| | — |
| | 950,806 |
|
| | | $ | 172,881,908 |
| | $ | 272,797 |
| | $ | — |
| | $ | 173,154,705 |
|
| Collective trust funds measured at net asset value | | | | | | | | 148,619,335 |
|
| Total investments measured at fair value | | | | | | | | $ | 321,774,040 |
|
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| | | | | | | | | | | | | | | | |
| | | Fair value measurements at December 31, 2014, using |
| | | Quoted prices in active markets for identical assets (Level 1) | | Significant other observable inputs (Level 2) | | Significant unobservable inputs (Level 3) | | Total |
| Amgen stock | | $ | 74,031,326 |
| | $ | — |
| | $ | — |
| | $ | 74,031,326 |
|
| Cash and cash equivalents | | 168,035 |
| | — |
| | — |
| | 168,035 |
|
| Common and preferred stocks | | 66,596,942 |
| | 147,384 |
| | — |
| | 66,744,326 |
|
| Mutual funds | | 32,537,916 |
| | — |
| | — |
| | 32,537,916 |
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| Self-directed brokerage accounts | | 987,650 |
| | — |
| | — |
| | 987,650 |
|
| | | $ | 174,321,869 |
| | $ | 147,384 |
| | $ | — |
| | $ | 174,469,253 |
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| Collective trust funds measured at net asset value | | | | | | | | 144,622,096 |
|
| Total investments measured at fair value | | | | | | | | $ | 319,091,349 |
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The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
3. Fair Value Measurements (continued)
The fair values of common stocks (including Amgen stock), preferred stocks and mutual funds are valued using quoted market prices in active markets with no valuation adjustment.
Collective trust funds represent interests in pooled investment vehicles designed typically for collective investment of employee benefit trusts. The fair values of these investments are determined by reference to the net asset value per unit provided by the fund managers as a practical expedient. The unit values are based on the fair values of the trusts’ underlying assets, which are principally equity and fixed income securities and short-term investments. The only redemption restriction with respect to these investments is on the Wells Fargo Stable Value Fund W (fair value of $22,698,400 as of December 31, 2015), which requires a one-year notice to be given in the event of complete liquidation.
4. Income Tax Status
The Plan received a determination letter from the Puerto Rico Treasury Department (PRTD) dated June 22, 2007, with an effective date of January 1, 2006, stating that the Plan is qualified, in form, under Section 1165 of the Puerto Rico Internal Revenue Code of 1994, as amended (the 1994 PR Code), and therefore the related trust forming part of the Plan is exempt from taxation. The 1994 PR Code was repealed, and the Puerto Rico Internal Revenue Code of 2011, as amended (the PR Code), was adopted and became effective for taxable years starting after December 31, 2010. The PR Code amended several rules related to the qualification of pension plans and required that the Plan be amended in order to comply with those requirements. The deadline for compliance was extended by the PRTD to coincide with the sponsoring employer’s due date for filing its 2013 corporate tax return (generally April 15, 2014, for calendar year filers) (the Compliance Deadline). The PR Code also required that the Plan be submitted to the PRTD in order to obtain a new determination letter issued by the PRTD to maintain the Plan’s qualified status. The request of a new determination letter must have been submitted to the PRTD in accordance with the Compliance Deadline. On April 4, 2014, the Company timely requested a determination letter from the PRTD in order to comply with the rules provided by the PR Code. The Company is awaiting a response from the PRTD regarding its submission.
For taxable years 2015 and 2014, the Company believes the Plan satisfied, and operated in compliance with, the applicable requirements of the PR Code and therefore believes that the Plan is qualified and the related trust is tax exempt. The Company has indicated that it currently intends to continue to take the necessary steps to maintain the Plan’s compliance with the applicable requirements of the PR Code.
GAAP requires the Company to evaluate uncertain tax positions taken by the Plan. The financial statement effects of a tax position are recognized when the position is more likely than not, based on the technical merits, to be sustained upon examination. As of December 31, 2015, no uncertain tax positions have been taken or are expected to be taken, and no amounts related to uncertain tax positions have been recorded in the Plan’s financial statements. The Plan is subject to audits by the PRTD, however there are currently no audits for any periods in progress. The Company believes the Plan is no longer subject to PRTD examinations with respect to annual reports for years prior to 2011.
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
5. Services Provided by the Company
During 2015 and 2014, the Company paid trustee fees and certain other administrative costs on behalf of the Plan.
6. Reconciliation of Financial Statements to Form 5500
The reconciliation of net assets available for benefits per the financial statements to the Form 5500 as of December 31, 2015 and 2014, consisted of the following:
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| | | | | | | | |
| | | December 31, |
| | | 2015 | | 2014 |
| Net assets available for benefits per the financial statements | | $ | 337,797,579 |
| | $ | 334,696,756 |
|
| Adjustment from fair value to contract value for fully benefit-responsive investment contracts | | 113,492 |
| | 324,952 |
|
| Amounts allocated to withdrawing participants | | (11,640 | ) | | (135,314 | ) |
| Deemed loans | | (280,900 | ) | | (205,341 | ) |
| Net assets per the Form 5500 | | $ | 337,618,531 |
| | $ | 334,681,053 |
|
For the year ended December 31, 2015, the following is a reconciliation of the net investment loss per the financial statements to the Form 5500:
|
| | | | |
| | | Year Ended
December 31,
2015 |
| Interest and dividend income | | $ | 3,213,064 |
|
| Net realized/unrealized losses | | (3,900,677 | ) |
| Total net investment loss per the financial statements | | (687,613 | ) |
| Adjustment from fair value to contract value for interest in collective trust funds relating to fully benefit-responsive investment contracts: | | |
| Less prior year adjustment | | (324,952 | ) |
| Add current year adjustment | | 113,492 |
|
| Total net investment loss per the Form 5500 | | $ | (899,073 | ) |
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
6. Reconciliation of Financial Statements to Form 5500 (continued)
For the year ended December 31, 2015, the following is a reconciliation of distributions per the financial statements to the Form 5500:
|
| | | | |
| | | Year Ended
December 31,
2015 |
| Benefits paid | | $ | (21,373,415 | ) |
| Investment and administrative fees | | (468,410 | ) |
| Total distributions per the financial statements | | (21,841,825 | ) |
| Add prior year amounts allocated to withdrawing participants | | 135,314 |
|
| Less current year amounts allocated to withdrawing participants | | (11,640 | ) |
| Add prior year deemed loan balance | | 205,341 |
|
| Less current year deemed loan balance | | (280,900 | ) |
| Total distributions per the Form 5500 | | $ | (21,793,710 | ) |
Supplemental Schedule
The Retirement and Savings Plan for Amgen Manufacturing, Limited
EIN: 98-0210484 Plan: #001
December 31, 2015
Schedule H, line 4i – Schedule of Assets (Held at End of Year)
|
| | | | | | | | | | |
| | Identity of Issue | | Description of Investment | | Current Value |
| | | | | | | |
| Amgen stock* | | Amgen stock 460,436 shares | | | $ | 74,742,644 |
|
| | | | | | | |
| Capital Preservation Asset Class: | | | | | |
| | Wells Fargo Stable Value Fund W* | | Collective trust fund 431,844 units | | $ | 22,811,892 |
| |
| | NT Collective Short Term Investment Fund* | | Collective trust fund 1,968,147 units | | 1,968,147 |
| |
| Total Capital Preservation Asset Class | | | | | 24,780,039 |
|
| | | | | | | |
| Emerging Markets Equity Asset Class: | | | | | |
| | J.P. Morgan Emerging Markets Equity Focus Fund* | | Collective trust fund 123,798 units | | 1,830,979 |
| |
| | Artisan Emerging Markets Inst Fund | | Mutual Fund 167,538 shares | | 1,740,717 |
| |
| | Blackrock FTSE RAFI Emerging Index Non Lendable Fund F* | | Collective trust fund 220,483 units | | 1,727,263 |
| |
| | NT Collective Emerging Markets Fund - Non Lending* | | Collective trust fund 4,472 units | | 567,071 |
| |
| Total Emerging Markets Equity Asset Class | | | | | 5,866,030 |
|
| | | | | | | |
| Fixed Income Asset Class: | | | | | |
| | JP Morgan Core Bond Fund* | | Collective trust fund 518,003 units | | 8,987,360 |
| |
| | Metropolitan West Total Return Bond Fund | | Mutual Fund 890,517 shares | | 8,905,175 |
| |
| | NT Collective Aggregate Bond Index Fund - Non Lending* | | Collective trust fund 11,545 units | | 1,527,798 |
| |
| Total Fixed Income Asset Class | | | | | 19,420,333 |
|
| | | | | | | |
| Fixed Income Index Asset Class: | | | | | |
| | NT Collective Aggregate Bond Index Fund - Non Lending* | | Collective trust fund 17,480 units | | 2,313,127 |
| |
| Total Fixed Income Index Asset Class | | | | | 2,313,127 |
|
| | | | | | | |
| High Yield Asset Class: | | | | | |
| | MainStay High Yield Corporate Bond Fund | | Mutual Fund 567,454 shares | | 3,007,505 |
| |
| | Blackrock High Yield Bond Fund Class A | | Mutual Fund 411,060 shares | | 2,930,860 |
| |
| | NT Collective Short Term Investment Fund* | | Collective trust fund 644,766 units | | 644,766 |
| |
| Total High Yield Asset Class | | | | | 6,583,131 |
|
| | | | | | | |
| Inflation Protection Asset Class: | | | | | |
| | NT Collective Treasury Inflation-Protected Securities Index Fund - Non Lending* | | Collective trust fund 19,100 units | | 2,505,397 |
| |
| Total Inflation Protection Asset Class | | | | | 2,505,397 |
|
| | | | | | | |
| International Growth Asset Class: | | | | | |
| | Artisan International Fund* | | Collective trust fund 275,630 units | | 5,504,336 |
| |
| | MFS Institutional International Equity Fund | | Mutual Fund 257,883 shares | | 5,302,074 |
| |
| | NT Collective EAFE Index Fund - Non Lending* | | Collective trust fund 4,363 units | | 1,119,137 |
| |
| | NT Collective Short Term Investment Fund* | | Collective trust fund 115 units | | 115 |
| |
| | United States dollar | | Cash and cash equivalents | | 69 |
| |
| Total International Growth Asset Class | | | | | 11,925,731 |
|
| | | | | | | |
| International Index Asset Class: | | | | | |
| | NT Collective All Country World Index (ACWI) Ex-US Fund - Non Lending* | | Collective trust fund 58,465 units | | 6,971,417 |
| |
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
|
| | | | | | | | | | |
| | Identity of Issue | | Description of Investment | | Current Value |
| Total International Index Asset Class | | | | | 6,971,417 |
|
| | | | | | | |
| International Value Asset Class: | | | | | |
| | Altrinsic International Equity Fund Class C* | | Collective trust fund 506,393 units | | 4,538,494 |
| |
| | Dodge & Cox International Fund | | Mutual Fund 111,488 shares | | 4,067,073 |
| |
| | NT Collective EAFE Index Fund - Non Lending* | | Collective trust fund 2,200 units | | 564,462 |
| |
| Total International Value Asset Class | | | | | 9,170,029 |
|
| | | | | | | |
| Large Cap Growth Asset Class: | | | | | |
| | Visa Inc. Class A | | Common and preferred stock 20,363 shares | | 1,579,144 |
| |
| | NT Collective Russell 1000 Growth Index Fund - Non Lending* | | Collective trust fund 5,222 units | | 1,543,580 |
| |
| | Facebook, Inc. | | Common and preferred stock 11,660 shares | | 1,220,336 |
| |
| | Amazon.com, Inc. | | Common and preferred stock 1,571 shares | | 1,061,823 |
| |
| | The Priceline Group Inc. | | Common and preferred stock 727 shares | | 926,889 |
| |
| | Regeneron Pharmaceuticals, Inc. | | Common and preferred stock 1,350 shares | | 732,875 |
| |
| | Alphabet Inc. Class A | | Common and preferred stock 926 shares | | 720,437 |
| |
| | salesforce.com, inc. | | Common and preferred stock 9,183 shares | | 719,947 |
| |
| | NT Collective Short Term Investment Fund* | | Collective trust fund 644,077 units | | 644,077 |
| |
| | Nike, Inc. Class B | | Common and preferred stock 9,652 shares | | 603,250 |
| |
| | Bristol-Myers Squibb Company | | Common and preferred stock 8,475 shares | | 582,995 |
| |
| | Starbucks Corporation | | Common and preferred stock 8,850 shares | | 531,266 |
| |
| | Schlumberger Limited | | Common and preferred stock 7,545 shares | | 526,264 |
| |
| | Cerner Corporation | | Common and preferred stock 8,735 shares | | 525,585 |
| |
| | Monsanto Company | | Common and preferred stock 5,090 shares | | 501,467 |
| |
| | Alphabet Inc. Class A | | Common and preferred stock 657 shares | | 498,584 |
| |
| | Alexion Pharmaceuticals, Inc. | | Common and preferred stock 2,583 shares | | 492,707 |
| |
| | Mondelez International, Inc. | | Common and preferred stock 10,935 shares | | 490,326 |
| |
| | Apple Inc. | | Common and preferred stock 4,400 shares | | 463,144 |
| |
| | FleetCor Technologies, Inc. | | Common and preferred stock 3,195 shares | | 456,662 |
| |
| | Lowes Companies, Inc. | | Common and preferred stock 5,750 shares | | 437,230 |
| |
| | Linkedin Corporation Class A | | Common and preferred stock 1,865 shares | | 419,775 |
| |
| | Ecolab Inc. | | Common and preferred stock 3,310 shares | | 378,598 |
| |
| | Baidu, Inc. | | Common and preferred stock 1,925 shares | | 363,902 |
| |
| | Gilead Sciences, Inc. | | Common and preferred stock 3,535 shares | | 357,707 |
| |
| | Netflix, Inc. | | Common and preferred stock 3,064 shares | | 350,461 |
| |
| | Edwards Lifesciences Corporation | | Common and preferred stock 4,430 shares | | 349,882 |
| |
| | Red Hat, Inc. | | Common and preferred stock 4,130 shares | | 342,005 |
| |
| | Colgate-Palmolive Company | | Common and preferred stock 4,990 shares | | 332,434 |
| |
| | Alibaba Group Holding Limited | | Common and preferred stock 4,060 shares | | 329,956 |
| |
| | State Street Corporation* | | Common and preferred stock 4,940 shares | | 327,818 |
| |
| | Automatic Data Processing, Inc. | | Common and preferred stock 3,855 shares | | 326,596 |
| |
| | ARM Holdings plc | | Common and preferred stock 7,081 shares | | 320,344 |
| |
| | Adobe Systems Inc. | | Common and preferred stock 3,225 shares | | 302,957 |
| |
| | PPG Industries, Inc. | | Common and preferred stock 2,922 shares | | 288,752 |
| |
| | Equinix Inc. | | Common and preferred stock 953 shares | | 288,187 |
| |
| | Mastercard Inc. Class A | | Common and preferred stock 2,913 shares | | 283,610 |
| |
| | Under Armour, Inc. Class A | | Common and preferred stock 3,505 shares | | 282,538 |
| |
| | Biomarin Pharmaceutical Inc. | | Common and preferred stock 2,665 shares | | 279,185 |
| |
| | Illumina, Inc. | | Common and preferred stock 1,445 shares | | 277,361 |
| |
| | Splunk Inc. | | Common and preferred stock 4,575 shares | | 269,056 |
| |
| | Walt Disney Company | | Common and preferred stock 2,555 shares | | 268,479 |
| |
| | Whole Foods Market, Inc. | | Common and preferred stock 7,920 shares | | 265,320 |
| |
| | The Charles Schwab Corporation | | Common and preferred stock 8,050 shares | | 265,087 |
| |
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
|
| | | | | | | | | | |
| | Identity of Issue | | Description of Investment | | Current Value |
| | Palo Alto Networks, Inc. | | Common and preferred stock 1,494 shares | | 263,153 |
| |
| | Chipotle Mexican Grill, Inc. | | Common and preferred stock 495 shares | | 237,526 |
| |
| | Ulta Salon, Cosmetics & Fragrance, Inc. | | Common and preferred stock 1,233 shares | | 228,105 |
| |
| | SAP SE | | Common and preferred stock 2,863 shares | | 226,463 |
| |
| | Capital One Financial Corporation | | Common and preferred stock 3,104 shares | | 224,047 |
| |
| | Biogen Inc. | | Common and preferred stock 720 shares | | 220,572 |
| |
| | Royal Carribbean Cruises Limited | | Common and preferred stock 2,150 shares | | 217,602 |
| |
| | Verisk Analytics, Inc. | | Common and preferred stock 2,790 shares | | 214,495 |
| |
| | athenahealth, Inc. | | Common and preferred stock 1,300 shares | | 209,261 |
| |
| | Delta Air Lines, Inc. | | Common and preferred stock 4,000 shares | | 202,760 |
| |
| | Target Corporation | | Common and preferred stock 2,717 shares | | 197,281 |
| |
| | Core Laboratories N.V. | | Common and preferred stock 1,709 shares | | 185,837 |
| |
| | United Continental Holdings Company | | Common and preferred stock 3,140 shares | | 179,922 |
| |
| | Mobileye NV | | Common and preferred stock 3,975 shares | | 168,063 |
| |
| | McKesson Corporation | | Common and preferred stock 835 shares | | 164,687 |
| |
| | Incyte Corporation | | Common and preferred stock 1,440 shares | | 156,168 |
| |
| | L Brands, Inc. | | Common and preferred stock 1,627 shares | | 155,899 |
| |
| | Constellation Brands, Inc. | | Common and preferred stock 1,081 shares | | 153,978 |
| |
| | LendingClub Corporation | | Common and preferred stock 13,850 shares | | 153,043 |
| |
| | Allergan plc | | Common and preferred stock 456 shares | | 142,500 |
| |
| | Eli Lilly & Company | | Common and preferred stock 1,664 shares | | 140,209 |
| |
| | ServiceNow, Inc. | | Common and preferred stock 1,586 shares | | 137,284 |
| |
| | McGraw Hill Financial, Inc. | | Common and preferred stock 1,341 shares | | 132,196 |
| |
| | FMC Technologies, Inc. | | Common and preferred stock 4,425 shares | | 128,369 |
| |
| | Activision Blizzard Inc. | | Common and preferred stock 3,265 shares | | 126,388 |
| |
| | NXP Semiconductors N.V. | | Common and preferred stock 1,491 shares | | 125,617 |
| |
| | Lam Resh Corporation | | Common and preferred stock 1,567 shares | | 124,451 |
| |
| | TJX Companies, Inc. | | Common and preferred stock 1,600 shares | | 113,456 |
| |
| | Hilton Worldwide Holdings Inc. | | Common and preferred stock 5,064 shares | | 108,370 |
| |
| | Masco Corporation | | Common and preferred stock 3,650 shares | | 103,295 |
| |
| | Intuitive Surgical, Inc. | | Common and preferred stock 187 shares | | 102,132 |
| |
| | Tableau Software, Inc. | | Common and preferred stock 1,043 shares | | 98,271 |
| |
| | AmerisourceBergen Corporation | | Common and preferred stock 918 shares | | 95,206 |
| |
| | Synchrony Financial | | Common and preferred stock 3,028 shares | | 92,081 |
| |
| | Kansas City Southern | | Common and preferred stock 1,174 shares | | 87,663 |
| |
| | Avago Technologies Ltd. NV | | Common and preferred stock 580 shares | | 84,187 |
| |
| | PayPal Holdings, Inc. | | Common and preferred stock 2,200 shares | | 79,640 |
| |
| | Dexcom, Inc. | | Common and preferred stock 890 shares | | 72,891 |
| |
| | McDonald's Corporation | | Common and preferred stock 576 shares | | 68,049 |
| |
| Total Large Cap Growth Asset Class | | | | | 28,449,715 |
|
| | | | | | | |
| Large Cap Index Asset Class: | | | | | |
| | NT Collective S&P 500 Index Fund – Non Lending* | | Collective trust fund 9,476 units | | 63,618,612 |
| |
| Total Large Cap Index Asset Class | | | | | 63,618,612 |
|
| | | | | | | |
| Large Cap Value Asset Class: | | | | | |
| | NT Collective Russell 1000 Value Index Fund - Non Lending* | | Collective trust fund 1,693 units | | 458,133 |
| |
| | Oracle Corporation | | Common and preferred stock 11,926 shares | | 435,650 |
| |
| | Parker-Hannifin Corporation | | Common and preferred stock 3,630 shares | | 352,037 |
| |
| | NT Collective Short Term Investment Fund* | | Collective trust fund 316,704 units | | 316,704 |
| |
| | National Oilwell Varco, Inc. | | Common and preferred stock 7,612 shares | | 254,926 |
| |
| | Franklin Resources, Inc. | | Common and preferred stock 6,825 shares | | 251,297 |
| |
| | Swiss Re AG | | Common and preferred stock 2,353 shares | | 230,716 |
| |
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
|
| | | | | | | | | | |
| | Identity of Issue | | Description of Investment | | Current Value |
| | Discovery Communications, Inc. Series C | | Common and preferred stock 8,912 shares | | 224,761 |
| |
| | Wells Fargo & Company* | | Common and preferred stock 4,100 shares | | 222,876 |
| |
| | Microsoft Corporation | | Common and preferred stock 3,800 shares | | 210,824 |
| |
| | Capital One Financial Corporation | | Common and preferred stock 2,850 shares | | 205,713 |
| |
| | Time Warner Cable Inc. | | Common and preferred stock 1,100 shares | | 204,149 |
| |
| | The Charles Schwab Corporation | | Common and preferred stock 6,000 shares | | 197,580 |
| |
| | Anthem Inc. | | Common and preferred stock 1,412 shares | | 196,889 |
| |
| | Axis Capital Holdings Limited | | Common and preferred stock 3,494 shares | | 196,433 |
| |
| | Visa Inc. Class A | | Common and preferred stock 2,436 shares | | 188,912 |
| |
| | Cisco Systems Inc. | | Common and preferred stock 6,917 shares | | 187,831 |
| |
| | Boeing Company | | Common and preferred stock 1,299 shares | | 187,822 |
| |
| | Mastercard Inc. Class A | | Common and preferred stock 1,865 shares | | 181,576 |
| |
| | Bank of America Corporation* | | Common and preferred stock 10,400 shares | | 175,032 |
| |
| | State Street Corporation* | | Common and preferred stock 2,530 shares | | 167,891 |
| |
| | Everest Re Group | | Common and preferred stock 913 shares | | 167,161 |
| |
| | Dover Corporation | | Common and preferred stock 2,615 shares | | 160,326 |
| |
| | Novartis AG | | Common and preferred stock 1,800 shares | | 154,872 |
| |
| | Aetna Inc. | | Common and preferred stock 1,393 shares | | 150,611 |
| |
| | Qualcomm Inc. | | Common and preferred stock 2,958 shares | | 147,856 |
| |
| | Schlumberger Limited | | Common and preferred stock 2,100 shares | | 146,475 |
| |
| | Fossil Group, Inc. | | Common and preferred stock 3,991 shares | | 145,911 |
| |
| | Comcast Corporation Class A | | Common and preferred stock 2,500 shares | | 141,075 |
| |
| | Time Warner Inc. | | Common and preferred stock 2,150 shares | | 139,041 |
| |
| | United Technologies Corporation | | Common and preferred stock 1,379 shares | | 132,481 |
| |
| | Bank of New York Mellon Corporation | | Common and preferred stock 3,149 shares | | 129,802 |
| |
| | EMC Corporation | | Common and preferred stock 5,000 shares | | 128,400 |
| |
| | Bank of New York Mellon Corporation | | Common and preferred stock 3,100 shares | | 127,782 |
| |
| | Aberdeen Asset Management | | Common and preferred stock 29,713 shares | | 126,740 |
| |
| | T Rowe Price Group, Inc. | | Common and preferred stock 1,765 shares | | 126,180 |
| |
| | Sanofi-Aventis | | Common and preferred stock 2,950 shares | | 125,818 |
| |
| | Hewlett Packard Enterprise Company | | Common and preferred stock 8,250 shares | | 125,400 |
| |
| | Express Scripts Holding Company | | Common and preferred stock 1,400 shares | | 122,374 |
| |
| | Alphabet Inc. Class A | | Common and preferred stock 150 shares | | 113,832 |
| |
| | Wal-Mart Stores, Inc. | | Common and preferred stock 1,800 shares | | 110,340 |
| |
| | Roche Holdings Ltd. | | Common and preferred stock 3,200 shares | | 110,304 |
| |
| | Cigna Corporation | | Common and preferred stock 750 shares | | 109,748 |
| |
| | The Goldman Sachs Group, Inc. | | Common and preferred stock 600 shares | | 108,138 |
| |
| | MSC Industial Direct Co., Inc. Class A | | Common and preferred stock 1,919 shares | | 107,982 |
| |
| | J.P. Morgan Chase & Company* | | Common and preferred stock 1,600 shares | | 105,648 |
| |
| | FedEx Corporation | | Common and preferred stock 700 shares | | 104,293 |
| |
| | Symantec Corporation | | Common and preferred stock 4,900 shares | | 102,900 |
| |
| | Time Warner Inc. | | Common and preferred stock 1,492 shares | | 96,488 |
| |
| | Cisco Systems, Inc. | | Common and preferred stock 3,500 shares | | 95,043 |
| |
| | UnitedHealth Group Inc. | | Common and preferred stock 800 shares | | 94,112 |
| |
| | HP Inc. | | Common and preferred stock 7,550 shares | | 89,392 |
| |
| | Walt Disney Company | | Common and preferred stock 811 shares | | 85,220 |
| |
| | Baker Hughes Inc. 7.5% Due 11/15/2018 | | Common and preferred stock 1,800 shares | | 83,070 |
| |
| | Alphabet Inc. Class A | | Common and preferred stock 100 shares | | 77,801 |
| |
| | TE Connectivity Limited | | Common and preferred stock 1,200 shares | | 77,532 |
| |
| | MetLife, Inc.* | | Common and preferred stock 1,600 shares | | 77,136 |
| |
| | Twenty-First Century Fox, Inc. Class A | | Common and preferred stock 2,750 shares | | 74,690 |
| |
| | Merck & Co., Inc. | | Common and preferred stock 1,400 shares | | 73,948 |
| |
| | American Express Company | | Common and preferred stock 1,000 shares | | 69,550 |
| |
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
|
| | | | | | | | | | |
| | Identity of Issue | | Description of Investment | | Current Value |
| | Corning Inc. | | Common and preferred stock 3,500 shares | | 63,980 |
| |
| | Apache Corporation | | Common and preferred stock 1,300 shares | | 57,811 |
| |
| | BB&T Corporation | | Common and preferred stock 1,500 shares | | 56,715 |
| |
| | Verizon Communications Inc. | | Common and preferred stock 1,208 shares | | 55,834 |
| |
| | Apple Inc. | | Common and preferred stock 499 shares | | 52,525 |
| |
| | The Priceline Group Inc. | | Common and preferred stock 40 shares | | 50,998 |
| |
| | Carlisle Companies Inc. | | Common and preferred stock 558 shares | | 49,489 |
| |
| | NetApp, Inc. | | Common and preferred stock 1,800 shares | | 47,754 |
| |
| | Honeywell International Inc. | | Common and preferred stock 459 shares | | 47,539 |
| |
| | Celanese Corporation | | Common and preferred stock 700 shares | | 47,131 |
| |
| | Danaher Corporation | | Common and preferred stock 500 shares | | 46,440 |
| |
| | Microsoft Corporation | | Common and preferred stock 820 shares | | 45,494 |
| |
| | Check Point Software Technologies Ltd. | | Common and preferred stock 556 shares | | 45,247 |
| |
| | Target Corporation | | Common and preferred stock 600 shares | | 43,566 |
| |
| | Anthem Inc. | | Common and preferred stock 300 shares | | 41,832 |
| |
| | Maxim Integrated Products, Inc. | | Common and preferred stock 1,100 shares | | 41,800 |
| |
| | Synopsys, Inc. | | Common and preferred stock 900 shares | | 41,049 |
| |
| | AstraZeneca plc | | Common and preferred stock 1,200 shares | | 40,740 |
| |
| | Tyco International, Ltd. | | Common and preferred stock 1,250 shares | | 39,863 |
| |
| | National Oilwell Varco, Inc. | | Common and preferred stock 1,150 shares | | 38,514 |
| |
| | Dish Network Corporation Class A | | Common and preferred stock 650 shares | | 37,167 |
| |
| | Aegon N.V. | | Common and preferred stock 6,500 shares | | 36,855 |
| |
| | Sprint Corporation | | Common and preferred stock 10,024 shares | | 36,287 |
| |
| | Liberty Interactive Corporation | | Common and preferred stock 1,300 shares | | 35,516 |
| |
| | The ADT Corporation | | Common and preferred stock 1,000 shares | | 32,980 |
| |
| | Medtronic plc | | Common and preferred stock 400 shares | | 30,768 |
| |
| | Coach, Inc. | | Common and preferred stock 900 shares | | 29,457 |
| |
| | Thermo Fisher Corporation | | Common and preferred stock 200 shares | | 28,370 |
| |
| | Concho Resources Inc. | | Common and preferred stock 300 shares | | 27,858 |
| |
| | Twenty-First Century Fox, Inc. Class B | | Common and preferred stock 900 shares | | 24,507 |
| |
| | Harley-Davidson | | Common and preferred stock 450 shares | | 20,426 |
| |
| | Weatherford International Ltd. | | Common and preferred stock 2,200 shares | | 18,458 |
| |
| | VMware Inc. Class A | | Common and preferred stock 300 shares | | 16,971 |
| |
| | Cadence Design Systems, Inc. | | Common and preferred stock 800 shares | | 16,648 |
| |
| | InterContinental Hotels Group plc | | Common and preferred stock 227 shares | | 8,794 |
| |
| | News Corporation Class A | | Common and preferred stock 500 shares | | 6,680 |
| |
| Total Large Cap Value Asset Class | | | | | 10,875,287 |
|
| | | | | | | |
| Participant Self-Directed Accounts | | | | | 950,806 |
|
| | | | | | | |
| Real Estate Investment Trust (REIT) Asset Class: | | | | | |
| | Vanguard Specialized Portfolios REIT Index Fund Institutional Class | | Mutual Fund 448,776 shares | | 7,849,084 |
| |
| | NT Collective Short Term Investment Fund* | | Collective trust fund 519,892 units | | 519,892 |
| |
| Total Real Estate Investment Trust (REIT) Asset Class | | | | | 8,368,976 |
|
| | | | | | | |
| Small-Mid Cap Growth Asset Class: | | | | | |
| | Wasatch Small Cap Growth Fund | | Mutual Fund 36,371 shares | | 1,501,755 |
| |
| | NT Collective Russell 2000 Growth Index Fund - Non Lending* | | Collective trust fund 982 units | | 247,332 |
| |
| | ServiceNow, Inc. | | Common and preferred stock 573 shares | | 49,599 |
| |
| | Mobileye NV | | Common and preferred stock 1,076 shares | | 45,493 |
| |
| | Stamps.com Inc. | | Common and preferred stock 415 shares | | 45,488 |
| |
| | Foot Locker, Inc. | | Common and preferred stock 640 shares | | 41,658 |
| |
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
|
| | | | | | | | | | |
| | Identity of Issue | | Description of Investment | | Current Value |
| | Ulta Salon, Cosmetics & Fragrance, Inc. | | Common and preferred stock 222 shares | | 41,070 |
| |
| | Idexx Laboratories, Inc. | | Common and preferred stock 526 shares | | 38,356 |
| |
| | Proofpoint, Inc. | | Common and preferred stock 576 shares | | 37,446 |
| |
| | Harman International Industries, Inc. | | Common and preferred stock 371 shares | | 34,952 |
| |
| | Dexcom, Inc. | | Common and preferred stock 409 shares | | 33,497 |
| |
| | Integrated Device Technology, Inc. | | Common and preferred stock 1,223 shares | | 32,226 |
| |
| | Allegion plc | | Common and preferred stock 470 shares | | 30,982 |
| |
| | Nuance Communications, Inc. | | Common and preferred stock 1,515 shares | | 30,133 |
| |
| | Global Payments Inc. | | Common and preferred stock 462 shares | | 29,804 |
| |
| | Expedia, Inc. | | Common and preferred stock 230 shares | | 28,589 |
| |
| | WellCare Health Plans, Inc. | | Common and preferred stock 348 shares | | 27,217 |
| |
| | Tractor Supply Company | | Common and preferred stock 303 shares | | 25,907 |
| |
| | JetBlue Airways Corporation | | Common and preferred stock 1,140 shares | | 25,821 |
| |
| | Hologic, Inc. | | Common and preferred stock 640 shares | | 24,762 |
| |
| | Masco Corporation | | Common and preferred stock 870 shares | | 24,621 |
| |
| | NT Collective Short Term Investment Fund* | | Collective trust fund 24,455 units | | 24,455 |
| |
| | AMC Networks Inc. Class A | | Common and preferred stock 305 shares | | 22,777 |
| |
| | NVIDIA Corporation | | Common and preferred stock 690 shares | | 22,742 |
| |
| | SBV Financial Group | | Common and preferred stock 190 shares | | 22,591 |
| |
| | Tempur Sealy International, Inc. | | Common and preferred stock 320 shares | | 22,547 |
| |
| | Under Armour, Inc. Class A | | Common and preferred stock 275 shares | | 22,168 |
| |
| | G-III Apparel Group Limited | | Common and preferred stock 499 shares | | 22,086 |
| |
| | Steven Madden, Ltd. | | Common and preferred stock 708 shares | | 21,396 |
| |
| | Headwaters Inc. | | Common and preferred stock 1,266 shares | | 21,357 |
| |
| | American Eagle Outfitters Inc. | | Common and preferred stock 1,305 shares | | 20,228 |
| |
| | E*TRADE Financial Corporation 10/01/2003 | | Common and preferred stock 670 shares | | 19,859 |
| |
| | Infinera Corporation | | Common and preferred stock 1,041 shares | | 18,863 |
| |
| | Newell Rubbermaid Inc. | | Common and preferred stock 425 shares | | 18,734 |
| |
| | OSI Systems, Inc. | | Common and preferred stock 210 shares | | 18,619 |
| |
| | The WhiteWave Foods Company Class A | | Common and preferred stock 466 shares | | 18,132 |
| |
| | Dycom Industries, Inc. | | Common and preferred stock 250 shares | | 17,490 |
| |
| | First Solar, Inc. | | Common and preferred stock 250 shares | | 16,498 |
| |
| | U.S. Concrete, Inc. | | Common and preferred stock 307 shares | | 16,167 |
| |
| | Middleby Corporation | | Common and preferred stock 145 shares | | 15,641 |
| |
| | Vail Resorts Inc. | | Common and preferred stock 120 shares | | 15,359 |
| |
| | Mohawk Industries, Inc. | | Common and preferred stock 80 shares | | 15,151 |
| |
| | Toll Brothers Inc. | | Common and preferred stock 450 shares | | 14,985 |
| |
| | Molina Healthcare Inc. | | Common and preferred stock 249 shares | | 14,972 |
| |
| | Visteon Corporation | | Common and preferred stock 130 shares | | 14,885 |
| |
| | Signature Bank of New York | | Common and preferred stock 97 shares | | 14,877 |
| |
| | Vulcan Materials Company | | Common and preferred stock 156 shares | | 14,815 |
| |
| | Rackspace Hosting, Inc. | | Common and preferred stock 580 shares | | 14,686 |
| |
| | Norwegian Cruise Line Holdings Limited | | Common and preferred stock 250 shares | | 14,650 |
| |
| | PrivateBancorp, Inc. | | Common and preferred stock 355 shares | | 14,562 |
| |
| | Apogee Enterprises, Inc. | | Common and preferred stock 324 shares | | 14,097 |
| |
| | CommScope Holding Company, Inc. | | Common and preferred stock 537 shares | | 13,903 |
| |
| | Nevro Corporation | | Common and preferred stock 199 shares | | 13,434 |
| |
| | Therapeutics, Inc. | | Common and preferred stock 372 shares | | 12,053 |
| |
| | K2M Group Holdings, Inc. | | Common and preferred stock 581 shares | | 11,469 |
| |
| | Zendesk, Inc. | | Common and preferred stock 430 shares | | 11,369 |
| |
| | Newfield Exploration Company | | Common and preferred stock 340 shares | | 11,070 |
| |
| | Adeptus Health Inc. | | Common and preferred stock 184 shares | | 10,032 |
| |
| | Esperion Therapeutics, Inc. | | Common and preferred stock 442 shares | | 9,839 |
| |
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
|
| | | | | | | | | | |
| | Identity of Issue | | Description of Investment | | Current Value |
| | Intercept Inc. | | Common and preferred stock 64 shares | | 9,558 |
| |
| | Activision Blizzard Inc. | | Common and preferred stock 244 shares | | 9,445 |
| |
| | Cynosure Inc. Class A | | Common and preferred stock 210 shares | | 9,381 |
| |
| | Pacira Pharmaceuticals, Inc. | | Common and preferred stock 120 shares | | 9,215 |
| |
| | Unvl Display Corporation | | Common and preferred stock 162 shares | | 8,819 |
| |
| | Flowers Foods, Inc. | | Common and preferred stock 410 shares | | 8,811 |
| |
| | Cavium, Inc. | | Common and preferred stock 124 shares | | 8,148 |
| |
| | athenahealth, Inc. | | Common and preferred stock 50 shares | | 8,049 |
| |
| | Neurocrine Biosciences, Inc. | | Common and preferred stock 140 shares | | 7,920 |
| |
| | Panera Bread Company Class A | | Common and preferred stock 40 shares | | 7,791 |
| |
| | Booz Allen Hamilton Holding Corporation Class A | | Common and preferred stock 250 shares | | 7,713 |
| |
| | Criteo SA | | Common and preferred stock 192 shares | | 7,603 |
| |
| | Vantiv, Inc. | | Common and preferred stock 160 shares | | 7,587 |
| |
| | Intra-Cellular Therapies, Inc. | | Common and preferred stock 140 shares | | 7,531 |
| |
| | Zions Bancorporation | | Common and preferred stock 270 shares | | 7,371 |
| |
| | RingCentral, Inc. Class A | | Common and preferred stock 310 shares | | 7,310 |
| |
| | Zayo Group Holdings Inc. | | Common and preferred stock 270 shares | | 7,179 |
| |
| | Anacor Pharmaceuticals Inc. | | Common and preferred stock 63 shares | | 7,117 |
| |
| | Burlington Stores, Inc. | | Common and preferred stock 163 shares | | 6,993 |
| |
| | Ultragenyx Pharmaceutical Inc. | | Common and preferred stock 60 shares | | 6,731 |
| |
| | SS&C Technologies Holdings, Inc. | | Common and preferred stock 90 shares | | 6,144 |
| |
| | The Habit Restaurants, Inc. | | Common and preferred stock 251 shares | | 5,788 |
| |
| | Coherus Biosciences, Inc. | | Common and preferred stock 243 shares | | 5,579 |
| |
| | Knoll, Inc. | | Common and preferred stock 290 shares | | 5,452 |
| |
| | Blue Buffalo Pet Products, Inc. | | Common and preferred stock 220 shares | | 4,116 |
| |
| Total Small-Mid Cap Growth Asset Class | | | | | 3,222,617 |
|
| | | | | | | |
| Small-Mid Cap Index Asset Class: | | | | | |
| | NT Collective Extended Equity Market Index Fund - Non Lending* | | Collective trust fund 115,796 units | | 16,159,291 |
| |
| Total Small-Mid Cap Index Asset Class | | | | | 16,159,291 |
|
| | | | | | | |
| Small-Mid Cap Value Asset Class: | | | | | |
| | NT Collective Russell 2000 Value Index Fund - Non Lending* | | Collective trust fund 5,349 units | | 1,167,342 |
| |
| | NT Collective Short Term Investment Fund* | | Collective trust fund 443,635 units | | 443,635 |
| |
| | Coherent, Inc. | | Common and preferred stock 6,570 shares | | 427,763 |
| |
| | Arris Group, Inc. | | Common and preferred stock 12,215 shares | | 373,413 |
| |
| | Teradyne, Inc. | | Common and preferred stock 16,990 shares | | 351,183 |
| |
| | Tri Pointe Homes, Inc. | | Common and preferred stock 26,850 shares | | 340,190 |
| |
| | Lattice Semiconductor Company | | Common and preferred stock 50,675 shares | | 327,867 |
| |
| | Calpine Corporation | | Common and preferred stock 21,400 shares | | 309,658 |
| |
| | Mitel Networks Corporation | | Common and preferred stock 39,100 shares | | 300,679 |
| |
| | Bio-Rad Laboratories, Inc. Class A | | Common and preferred stock 2,150 shares | | 298,119 |
| |
| | Citigroup Inc. | | Common and preferred stock 7,305 shares | | 290,009 |
| |
| | Western Alliance Bancorporation | | Common and preferred stock 7,866 shares | | 282,075 |
| |
| | Treehouse Foods, Inc. | | Common and preferred stock 3,570 shares | | 280,102 |
| |
| | Popular, Inc. | | Common and preferred stock 9,800 shares | | 277,732 |
| |
| | Ophir Energy Company | | Common and preferred stock 94,000 shares | | 272,797 |
| |
| | Kohl's Corporation | | Common and preferred stock 5,600 shares | | 266,728 |
| |
| | Citizens Financial Group, Inc. | | Common and preferred stock 10,000 shares | | 261,900 |
| |
| | Brandywine Realty Trust | | Common and preferred stock 18,970 shares | | 259,130 |
| |
| | Aryzta AG | | Common and preferred stock 9,840 shares | | 252,790 |
| |
| | Great Plains Energy Inc. | | Common and preferred stock 8,700 shares | | 237,597 |
| |
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
|
| | | | | | | | | | |
| | Identity of Issue | | Description of Investment | | Current Value |
| | PrivateBancorp, Inc. | | Common and preferred stock 5,685 shares | | 233,199 |
| |
| | Regions Financial Corporation | | Common and preferred stock 24,200 shares | | 232,320 |
| |
| | Pacwest Bancorp Company | | Common and preferred stock 5,380 shares | | 231,878 |
| |
| | Ramco-Gershenson Properties Trust | | Common and preferred stock 13,860 shares | | 230,215 |
| |
| | White Mountains Insurance Group, Ltd. | | Common and preferred stock 315 shares | | 228,945 |
| |
| | Forestar Group Inc. | | Common and preferred stock 20,815 shares | | 227,716 |
| |
| | Cairn Energy plc | | Common and preferred stock 49,100 shares | | 227,579 |
| |
| | Corning Inc. | | Common and preferred stock 12,400 shares | | 226,672 |
| |
| | The Geo Group, Inc. | | Common and preferred stock 7,720 shares | | 223,185 |
| |
| | EnerSys | | Common and preferred stock 3,990 shares | | 223,161 |
| |
| | Haverty Furniture Companies, Inc. | | Common and preferred stock 10,265 shares | | 220,082 |
| |
| | Materion Corporation | | Common and preferred stock 7,815 shares | | 218,820 |
| |
| | Willis Group Holdings | | Common and preferred stock 4,500 shares | | 218,565 |
| |
| | The Laclede Group, Inc. | | Common and preferred stock 3,675 shares | | 218,332 |
| |
| | Royal Mail plc | | Common and preferred stock 16,200 shares | | 212,706 |
| |
| | Marten Transport Limited | | Common and preferred stock 11,525 shares | | 203,993 |
| |
| | Taylor Morrison Home Corporation | | Common and preferred stock 12,625 shares | | 202,000 |
| |
| | Capital Bank Financial Corporation | | Common and preferred stock 6,310 shares | | 201,794 |
| |
| | Axis Capital Holdings Limited | | Common and preferred stock 3,545 shares | | 199,300 |
| |
| | NRG Energy, Inc. | | Common and preferred stock 16,900 shares | | 198,913 |
| |
| | Accuray Inc. | | Common and preferred stock 29,440 shares | | 198,720 |
| |
| | PH Glatfelter Company | | Common and preferred stock 10,550 shares | | 194,542 |
| |
| | La-Z-Boy, Inc. | | Common and preferred stock 7,964 shares | | 194,481 |
| |
| | ICF International, Inc. | | Common and preferred stock 5,420 shares | | 192,735 |
| |
| | Fred's Inc. Class A | | Common and preferred stock 11,725 shares | | 191,938 |
| |
| | Orkla ASA | | Common and preferred stock 24,410 shares | | 191,252 |
| |
| | Goodyear Tire & Rubber Company | | Common and preferred stock 5,800 shares | | 189,486 |
| |
| | Kosmos Energy Limited | | Common and preferred stock 36,400 shares | | 189,280 |
| |
| | Avnet, Inc. | | Common and preferred stock 4,400 shares | | 188,496 |
| |
| | Cobalt International Energy, Inc. | | Common and preferred stock 34,400 shares | | 185,760 |
| |
| | MDC Partners Inc. Class A | | Common and preferred stock 8,550 shares | | 185,706 |
| |
| | Brown & Brown Inc. | | Common and preferred stock 5,600 shares | | 179,760 |
| |
| | Elizabeth Arden, Inc. | | Common and preferred stock 18,045 shares | | 178,646 |
| |
| | Hewlett Packard Enterprise Company | | Common and preferred stock 11,700 shares | | 177,840 |
| |
| | Kemper Corporation | | Common and preferred stock 4,770 shares | | 177,683 |
| |
| | Customers Bancorp, Inc. | | Common and preferred stock 6,470 shares | | 176,113 |
| |
| | Great Lakes Dredge & Dock Corporation | | Common and preferred stock 42,470 shares | | 168,181 |
| |
| | SunTrust Banks, Inc. | | Common and preferred stock 3,900 shares | | 167,076 |
| |
| | John B. Sanfilippo & Son, Inc. | | Common and preferred stock 3,025 shares | | 163,441 |
| |
| | Exar Corporation | | Common and preferred stock 26,500 shares | | 162,445 |
| |
| | Scorpio Tankers Inc. | | Common and preferred stock 19,830 shares | | 159,037 |
| |
| | State Bank Financial Corporation | | Common and preferred stock 7,440 shares | | 156,463 |
| |
| | Libbey, Inc. | | Common and preferred stock 7,290 shares | | 155,423 |
| |
| | Verifone Systems, Inc. | | Common and preferred stock 5,425 shares | | 152,009 |
| |
| | Navistar International Corporation | | Common and preferred stock 17,000 shares | | 150,280 |
| |
| | Orbital ATK Inc. | | Common and preferred stock 1,618 shares | | 144,552 |
| |
| | ICF International, Inc. | | Common and preferred stock 4,020 shares | | 142,951 |
| |
| | Equity Commonwealth | | Common and preferred stock 5,140 shares | | 142,532 |
| |
| | Northfield Bancorp Inc. | | Common and preferred stock 8,930 shares | | 142,166 |
| |
| | Carmike Cinemas Inc. | | Common and preferred stock 6,190 shares | | 141,999 |
| |
| | Bruker Corporation | | Common and preferred stock 5,660 shares | | 137,368 |
| |
| | Employers Holdings, Inc. | | Common and preferred stock 5,030 shares | | 137,319 |
| |
| | Investors Bancorp, Inc. | | Common and preferred stock 10,830 shares | | 134,725 |
| |
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
|
| | | | | | | | | | |
| | Identity of Issue | | Description of Investment | | Current Value |
| | Maiden Holdings Limited | | Common and preferred stock 8,940 shares | | 133,295 |
| |
| | Meridian Bancorp, Inc. | | Common and preferred stock 9,300 shares | | 131,130 |
| |
| | Louisiana-Pacific Corporation | | Common and preferred stock 7,255 shares | | 130,663 |
| |
| | ON Semiconductor Corporation | | Common and preferred stock 13,300 shares | | 130,340 |
| |
| | Bunge Limited | | Common and preferred stock 1,900 shares | | 129,732 |
| |
| | Trinity Biotech plc | | Common and preferred stock 10,880 shares | | 127,949 |
| |
| | Albany International Corporation Class A | | Common and preferred stock 3,480 shares | | 127,194 |
| |
| | Inter Parfums, Inc. | | Common and preferred stock 5,335 shares | | 127,080 |
| |
| | Euronet Worldwide, Inc. | | Common and preferred stock 1,750 shares | | 126,753 |
| |
| | Catchmark Timber Trust, Inc. | | Common and preferred stock 11,200 shares | | 126,672 |
| |
| | Unum Group | | Common and preferred stock 3,800 shares | | 126,502 |
| |
| | Bed Bath & Beyond Inc. | | Common and preferred stock 2,600 shares | | 125,450 |
| |
| | Matthews International Corporation Class A | | Common and preferred stock 2,330 shares | | 124,539 |
| |
| | Marvell Technology Group Limited | | Common and preferred stock 14,000 shares | | 123,480 |
| |
| | Popular, Inc. | | Common and preferred stock 4,310 shares | | 122,145 |
| |
| | Kennedy-Wilson Holdings, Inc. | | Common and preferred stock 5,060 shares | | 121,845 |
| |
| | PHH Corporation | | Common and preferred stock 7,500 shares | | 121,500 |
| |
| | Barrett Bill Corporation | | Common and preferred stock 30,510 shares | | 119,904 |
| |
| | Cedar Realty Trust, Inc. | | Common and preferred stock 16,890 shares | | 119,581 |
| |
| | CNO Financial Group, Inc. | | Common and preferred stock 6,250 shares | | 119,313 |
| |
| | FreightCar America, Inc. | | Common and preferred stock 6,050 shares | | 117,552 |
| |
| | Gramercy Property Trust | | Common and preferred stock 15,120 shares | | 116,724 |
| |
| | Heritage Financial Corporation | | Common and preferred stock 6,180 shares | | 116,431 |
| |
| | Ingram Micro Inc. Class A | | Common and preferred stock 3,800 shares | | 115,444 |
| |
| | News Corporation Class A | | Common and preferred stock 8,500 shares | | 113,560 |
| |
| | Hess Corporation LLC | | Common and preferred stock 2,300 shares | | 111,504 |
| |
| | Central Pacific Financial Corporation | | Common and preferred stock 5,050 shares | | 111,201 |
| |
| | Landec Corporation | | Common and preferred stock 9,300 shares | | 110,019 |
| |
| | Avery Dennison Corporation | | Common and preferred stock 1,725 shares | | 108,089 |
| |
| | Discovery Communications Inc. Series A | | Common and preferred stock 3,900 shares | | 104,052 |
| |
| | CDW Corporation | | Common and preferred stock 2,400 shares | | 100,896 |
| |
| | United Community Bank Blairsville Georgia | | Common and preferred stock 5,150 shares | | 100,374 |
| |
| | Yadkin Financial Corporation | | Common and preferred stock 3,950 shares | | 99,422 |
| |
| | National Bank Holdings Corporation Class A | | Common and preferred stock 4,550 shares | | 97,234 |
| |
| | Fulton Financial Corporation | | Common and preferred stock 7,200 shares | | 93,672 |
| |
| | Ultratech, Inc. | | Common and preferred stock 4,670 shares | | 92,559 |
| |
| | Reinsurance Group of America, Inc. | | Common and preferred stock 1,080 shares | | 92,394 |
| |
| | Colony Starwood Homes | | Common and preferred stock 4,050 shares | | 91,692 |
| |
| | Range Resources Corporation | | Common and preferred stock 3,700 shares | | 91,057 |
| |
| | Embraer SA | | Common and preferred stock 3,000 shares | | 88,620 |
| |
| | Tutor Perini Corporation | | Common and preferred stock 5,280 shares | | 88,387 |
| |
| | Seritage Growth Properties Class A | | Common and preferred stock 2,160 shares | | 86,875 |
| |
| | Marathon Oil Corporation | | Common and preferred stock 6,900 shares | | 86,871 |
| |
| | Deltic Timber Corporation | | Common and preferred stock 1,475 shares | | 86,833 |
| |
| | FBR & Co. formerly FBR Capital Markets Corporation | | Common and preferred stock 4,280 shares | | 85,172 |
| |
| | Teradata Corporation | | Common and preferred stock 3,200 shares | | 84,544 |
| |
| | Alleghany Corporation | | Common and preferred stock 170 shares | | 81,248 |
| |
| | Chesapeake Utilities Corporation | | Common and preferred stock 1,430 shares | | 81,153 |
| |
| | The Geo Group, Inc. | | Common and preferred stock 2,800 shares | | 80,948 |
| |
| | Pitney Bowes Inc. | | Common and preferred stock 3,890 shares | | 80,329 |
| |
| | Pacific Ethanol, Inc. | | Common and preferred stock 16,770 shares | | 80,161 |
| |
| | Rouse Properties, Inc. | | Common and preferred stock 5,420 shares | | 78,915 |
| |
| | Ameris Bancorp | | Common and preferred stock 2,215 shares | | 75,288 |
| |
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
|
| | | | | | | | | | |
| | Identity of Issue | | Description of Investment | | Current Value |
| | Gulfport Energy Corporation | | Common and preferred stock 3,000 shares | | 73,710 |
| |
| | Symantec Corporation | | Common and preferred stock 3,500 shares | | 73,500 |
| |
| | Ciber, Inc. | | Common and preferred stock 19,730 shares | | 69,252 |
| |
| | FelCor Lodging Trust Inc. | | Common and preferred stock 9,200 shares | | 67,160 |
| |
| | Orion Marine Group, Inc. | | Common and preferred stock 15,880 shares | | 66,220 |
| |
| | Portland General Electric Company | | Common and preferred stock 1,740 shares | | 63,284 |
| |
| | Primoris Services Corporation | | Common and preferred stock 2,860 shares | | 63,006 |
| |
| | Fifth Third Bancorp | | Common and preferred stock 3,100 shares | | 62,310 |
| |
| | Titan Machinery Inc. | | Common and preferred stock 5,650 shares | | 61,755 |
| |
| | QAD Inc. Class A | | Common and preferred stock 2,980 shares | | 61,150 |
| |
| | Fidelity National Financial, Inc. | | Common and preferred stock 5,370 shares | | 60,305 |
| |
| | ARC Document Solutions Inc. | | Common and preferred stock 12,940 shares | | 57,195 |
| |
| | Santander Consumer USA Holdings, Inc. | | Common and preferred stock 3,600 shares | | 57,060 |
| |
| | Xcerra Corporation | | Common and preferred stock 9,300 shares | | 56,265 |
| |
| | Staples, Inc. | | Common and preferred stock 5,900 shares | | 55,873 |
| |
| | Approach Resources Inc. | | Common and preferred stock 30,140 shares | | 55,458 |
| |
| | Sequential Brands Group, Inc. | | Common and preferred stock 7,000 shares | | 55,370 |
| |
| | Best Buy Co., Inc. | | Common and preferred stock 1,800 shares | | 54,810 |
| |
| | Callaway Golf Company | | Common and preferred stock 5,740 shares | | 54,071 |
| |
| | Navigator Holdings Limited | | Common and preferred stock 3,910 shares | | 53,372 |
| |
| | Digi International Inc. | | Common and preferred stock 4,650 shares | | 52,917 |
| |
| | ALLETE Inc. | | Common and preferred stock 1,040 shares | | 52,863 |
| |
| | Applied Micro Circuits Corporation | | Common and preferred stock 8,120 shares | | 51,724 |
| |
| | KEYW Holding Corporation | | Common and preferred stock 8,520 shares | | 51,290 |
| |
| | KBR, Inc. | | Common and preferred stock 3,010 shares | | 50,929 |
| |
| | Generac Holdings Inc. | | Common and preferred stock 1,700 shares | | 50,609 |
| |
| | Westmoreland Coal Company | | Common and preferred stock 8,550 shares | | 50,274 |
| |
| | The Hanover Insurance Group, Inc. | | Common and preferred stock 610 shares | | 49,617 |
| |
| | Tetra Tech, Inc. | | Common and preferred stock 6,550 shares | | 49,256 |
| |
| | Engility Holdings, Inc. | | Common and preferred stock 1,510 shares | | 49,045 |
| |
| | Matrix Service Company | | Common and preferred stock 2,310 shares | | 47,447 |
| |
| | Ardmore Shipping Corporation | | Common and preferred stock 3,690 shares | | 46,937 |
| |
| | PNM Resources, Inc. | | Common and preferred stock 1,490 shares | | 45,549 |
| |
| | Covanta Holding Corporation | | Common and preferred stock 2,890 shares | | 44,766 |
| |
| | Air Transport Services Group, Inc. | | Common and preferred stock 4,390 shares | | 44,251 |
| |
| | Iridium Communications Inc. | | Common and preferred stock 5,240 shares | | 44,068 |
| |
| | Ascena Retail Group Inc. | | Common and preferred stock 4,430 shares | | 43,636 |
| |
| | Carpenter Technology Corporation | | Common and preferred stock 1,420 shares | | 42,983 |
| |
| | Office Depot, Inc. | | Common and preferred stock 7,500 shares | | 42,300 |
| |
| | Enstar Group Ltd. | | Common and preferred stock 280 shares | | 42,011 |
| |
| | Kearny Financial Corporation | | Common and preferred stock 3,300 shares | | 41,811 |
| |
| | Rowan Companies plc | | Common and preferred stock 2,400 shares | | 40,680 |
| |
| | Super Com Limited | | Common and preferred stock 7,490 shares | | 39,098 |
| |
| | Empire District Electronic Company | | Common and preferred stock 1,380 shares | | 38,737 |
| |
| | NovaGold Resources Inc. | | Common and preferred stock 9,130 shares | | 38,437 |
| |
| | Zions Bancorporation | | Common and preferred stock 1,400 shares | | 38,220 |
| |
| | PPL Corporation | | Common and preferred stock 1,100 shares | | 37,543 |
| |
| | Plantronics, Inc. | | Common and preferred stock 790 shares | | 37,462 |
| |
| | Allegheny Technologies Inc. | | Common and preferred stock 3,320 shares | | 37,350 |
| |
| | Two Harbors Investment Corporation | | Common and preferred stock 4,600 shares | | 37,260 |
| |
| | Crocs, Inc. | | Common and preferred stock 3,550 shares | | 36,352 |
| |
| | Allison Transmission Holdings, Inc. | | Common and preferred stock 1,400 shares | | 36,246 |
| |
| | Rent-A-Center, Inc. | | Common and preferred stock 2,400 shares | | 35,928 |
| |
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
|
| | | | | | | | | | |
| | Identity of Issue | | Description of Investment | | Current Value |
| | Landauer Inc. | | Common and preferred stock 1,080 shares | | 35,554 |
| |
| | XPO Logistics, Inc. | | Common and preferred stock 1,300 shares | | 35,425 |
| |
| | Cummins Inc. | | Common and preferred stock 400 shares | | 35,204 |
| |
| | First Foundation Inc. | | Common and preferred stock 1,470 shares | | 34,677 |
| |
| | Corrections Corporation of America | | Common and preferred stock 1,300 shares | | 34,437 |
| |
| | Werner Enterprises, Inc. | | Common and preferred stock 1,460 shares | | 34,149 |
| |
| | THL Credit, Inc. | | Common and preferred stock 3,020 shares | | 32,314 |
| |
| | Stealthgas Inc. | | Common and preferred stock 9,360 shares | | 32,105 |
| |
| | Finisar Corporation | | Common and preferred stock 2,160 shares | | 31,406 |
| |
| | Mercury Systems, Inc. | | Common and preferred stock 1,710 shares | | 31,396 |
| |
| | Tribune Publishing Company | | Common and preferred stock 3,320 shares | | 30,610 |
| |
| | McDermott International, Inc. | | Common and preferred stock 9,000 shares | | 30,150 |
| |
| | Lumentum Holdings Inc. | | Common and preferred stock 1,256 shares | | 27,657 |
| |
| | Comstock Resources, Inc. | | Common and preferred stock 14,500 shares | | 27,115 |
| |
| | Alere Inc. formerly Inverness Medical Innovations, Inc. | | Common and preferred stock 610 shares | | 23,845 |
| |
| | Cadiz Inc. | | Common and preferred stock 4,480 shares | | 23,565 |
| |
| | Scorpio Bulkers Inc. | | Common and preferred stock 2,209 shares | | 21,849 |
| |
| | Destination XL Group, Inc. | | Common and preferred stock 3,930 shares | | 21,694 |
| |
| | Computer Task Group Inc. | | Common and preferred stock 3,080 shares | | 20,390 |
| |
| | Hatteras Financial Corporation | | Common and preferred stock 1,470 shares | | 19,331 |
| |
| | Celadon Group, Inc. | | Common and preferred stock 1,590 shares | | 15,725 |
| |
| | Shoe Carnival, Inc. | | Common and preferred stock 640 shares | | 14,848 |
| |
| | Freshpet, Inc. | | Common and preferred stock 1,380 shares | | 11,716 |
| |
| | Xura, Inc. | | Common and preferred stock 400 shares | | 9,832 |
| |
| | Rand Logistics, Inc. | | Common and preferred stock 6,060 shares | | 9,696 |
| |
| | LifePoint Hospitals, Inc. | | Common and preferred stock 100 shares | | 7,340 |
| |
| | Fidelity and Guaranty Life | | Common and preferred stock 270 shares | | 6,850 |
| |
| | Bravo Brio Restaurant Group, Inc. | | Common and preferred stock 210 shares | | 1,890 |
| |
| Total Small-Mid Cap Value Asset Class | | | | | 25,944,268 |
|
| | | | | | | |
| Notes Receivable from Participants* | | Interest rates 4.25% - 12.66% | | | 15,201,879 |
|
| | | | | | | |
| Other: | | | | | |
| | BIF Money Fund* | | Cash and cash equivalents | | 12,067 |
| |
| | NT Collective Short Term Investment Fund* | | Collective trust fund 8,015 units | | 8,015 |
| |
| | | | | | | 20,082 |
|
| | | | | | | $ | 337,089,411 |
|
| | | | | | | |
| | * Indicates party-in-interest | | | | | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
|
| | | | | | |
| | | | | The Retirement and Savings Plan for Amgen Manufacturing, Limited (Name of Plan) |
| | | | | | | |
| Date: | June 15, 2016 | | | By: | | /s/ DAVID W. MELINE |
| | | | | | | David W. Meline |
| | | | | | | Deputy Chairman and Chief Financial Officer |
| | | | | | | Amgen Manufacturing, Limited |
THE RETIREMENT AND SAVINGS PLAN FOR
AMGEN MANUFACTURING, LIMITED
INDEX TO EXHIBIT
|
| | |
| Consent of Independent Registered Public Accounting Firm | | Exhibit 23.1 |
