UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
__________
FORM 11-K
FOR ANNUAL REPORTS OF EMPLOYEE STOCK
PURCHASE, SAVINGS AND SIMILAR PLANS
PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
(Mark One):
x ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2015
OR
¨ TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from ______________ to ______________
Commission File Number 1-9936
EDISON 401(K) SAVINGS PLAN
(Full Title of the Plan)
EDISON INTERNATIONAL
(Name of Issuer)
2244 Walnut Grove Avenue (P.O. Box 976), Rosemead, California 91770
(Address of principal executive office)
Edison 401(k) Savings Plan
____________________________________________________________________________________________________
Financial Statements and Supplemental Schedule
As of December 31, 2015 and 2014 and for the Year Ended December 31, 2015
TABLE OF CONTENTS
|
| | | | |
Report of Independent Registered Public Accounting Firm | |
| |
Financial Statements | |
| Statements of Net Assets Available for Plan Benefits as of December 31, 2015 and 2014 | |
| Statement of Changes in Net Assets Available for Plan Benefits for the year ended December 31, 2015 | |
| Notes to Financial Statements | |
| | | | |
Supplemental Schedule | |
| Form 5500, Schedule H, Line 4i-Schedule of Assets (Held at End of Year) | |
| | | | |
Signature | |
| |
Consent of Independent Registered Public Accounting Firm | Exhibit 23 |
Note: All schedules other than that listed above have been omitted since the information is either disclosed elsewhere in the financial statements or not 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, as amended.
Report of Independent Registered Public Accounting Firm
Southern California Edison Company Benefits Committee
Edison 401(k) Savings Plan
Rosemead, California
We have audited the accompanying statements of net assets available for benefits of the Edison 401(k) Savings Plan (the “Plan”) as of December 31, 2015 and 2014, and the related statement of changes in net assets available for benefits for the year ended December 31, 2015. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Plan is not required to have, nor were we engaged to perform, an audit of its 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, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2015 and 2014, and the changes in net assets available for benefits for the year ended December 31, 2015, in conformity with accounting principles generally accepted in the United States of America.
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 supplemental schedule is the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental schedule 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 supplemental schedule, we evaluated whether the supplemental schedule, including its form and content, is presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental schedule is fairly stated, in all material respects, in relation to the financial statements as a whole.
/s/ BDO USA, LLP
Costa Mesa, California
June 27, 2016
Financial Statements
____________________________________________________________________________________________________
|
| |
Statements of Net Assets Available for Plan Benefits | Edison 401(k) Savings Plan |
|
| | | | | | | |
| December 31, |
(in thousands) | 2015 | | 2014 |
Assets | | | |
Investments, at fair value | $ | 3,799,114 |
| | $ | 4,076,668 |
|
Receivables | | | |
Notes receivable from participant | 87,024 |
| | 81,878 |
|
Dividends receivable | 5,029 |
| | 4,610 |
|
Receivable from brokers and other | 1,461 |
| | 285 |
|
Total receivables | 93,514 |
| | 86,773 |
|
Total assets | 3,892,628 |
| | 4,163,441 |
|
| | | |
Liabilities | | | |
Payable to brokers and others | 35,735 |
| | 10,376 |
|
Total liabilities | 35,735 |
| | 10,376 |
|
| | | |
Net assets available for plan benefits | $ | 3,856,893 |
| | $ | 4,153,065 |
|
See accompanying notes to financial statements.
6
|
| |
Statement of Changes in Net Assets Available for Plan Benefits | Edison 401(k) Savings Plan |
|
| | | |
(in thousands) | For year ended December 31, 2015 |
Additions | |
Investment income (loss) | |
Dividends | $ | 29,074 |
|
Interest income and other | 7,341 |
|
Net depreciation in fair value of investments | (111,995 | ) |
Total investment loss | (75,580 | ) |
Management fees | (6,447 | ) |
Net investment loss | (82,027 | ) |
Interest income on notes receivables from participants | 3,775 |
|
Contributions | |
Employer contributions, net of forfeitures | 72,608 |
|
Participant and rollover contributions | 138,730 |
|
Total net contributions | 211,338 |
|
Total additions | 133,086 |
|
| |
Deductions | |
Distributions to participants | 429,258 |
|
Total deductions | 429,258 |
|
| |
Net decrease | (296,172 | ) |
Net assets available for plan benefits | |
Beginning of year | 4,153,065 |
|
End of year | $ | 3,856,893 |
|
See accompanying notes to financial statements.
7
NOTES TO FINANCIAL STATEMENTS
1. Plan Description
The following description of the Edison 401(k) Savings Plan (the “Plan”) provides only general information. The Plan sponsor is the Southern California Edison Company (the “Plan Sponsor”). Participants should refer to the summary plan description and Plan document, as amended, for a more complete description of the Plan's provisions.
Nature of Plan
Eligibility
The Plan is a defined-contribution plan with a 401(k) feature, in which qualifying full-time and part-time employees of Edison International (the “Company”) and many of its subsidiary companies are eligible to participate. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended. An employee, as defined by the Plan document, is eligible to participate in the Plan immediately upon employment.
Sale of Edison Mission Energy
On April 1, 2014, the sale of substantially all of Edison Mission Energy's ("EME") assets were sold to NRG Energy, Inc. As a result of this sale, EME employees were no longer eligible for certain benefits, resulting in a significant increase in distributions in 2014. In addition, on January 27, 2014, the Plan was amended such that any unvested balance in the Plan for EME's employees as of March 11, 2014 were fully vested on the date that they ceased to be an employee.
Contributions
Subject to statutory limits, all participants may defer pre-tax and after-tax dollars up to 84% of eligible pay. Participating employers provide matching contributions up to 6% of a participant's eligible pay. The Company allows employees who have attained age fifty before the close of a Plan year to make catch up contributions subject to Internal Revenue Service (“IRS”) limitations. The Plan also accepts rollover contributions from other qualified plans. During 2015, the Company announced that employees hired on or after December 31, 2017 will receive fixed profit sharing contributions in addition to the matching contributions mentioned above.
Vesting
Participants immediately vest in their contributions plus actual earnings thereon. Employer contributions plus actual earnings thereon vest at a rate of 20% per year. After five years of service or reaching age 65, all existing and future employer contributions and their related earnings are fully vested.
Forfeitures
At December 31, 2015, and 2014, the unused portion of forfeited non-vested accounts totaled $17,000 and $43,000, respectively. These accounts are used to reduce future employer contributions. During 2015, employer contributions were reduced by $1,058,000 from forfeited non-vested accounts.
Plan Trust
Plan assets are held in a trust with State Street Bank and Trust Company (the “Trustee”) for the benefit of participants and their beneficiaries. The mutual covenants to which the Plan Sponsor and the Trustee agree are disclosed in the trust agreement between the Plan Sponsor and the Trustee.
Plan Administration
The Plan is administered by the Southern California Edison Company Benefits Committee (the “Plan Administrator”) and Xerox HR Solutions, LLC is the Plan's record keeper. The Plan provides to participants a detailed description of each investment fund choice and lists the respective investment manager.
Administrative and Investment Expenses
The Plan Sponsor pays the cost of administering the Plan, including fees and expenses of the Trustee and record keeper. The fees, taxes and other expenses incurred by the Trustee or investment managers in making investments are paid out of the applicable investment funds. These expenses also include brokerage fees for sales or purchases of Edison International Common Stock on the open market. No additional costs are incurred in connection with sales of Edison International Common Stock within the trust or the transfer of assets between funds.
Mutual funds pay fees to the Plan record keeper for administrative services to participants that would otherwise have to be provided by the mutual funds. The majority of fees received by the Plan record keeper are used to reduce the record keeping and communication expenses of the Plan paid by the Plan Sponsor. See Note 7 for a discussion of related party transactions.
Participant Accounts
Each participant account is adjusted for certain activities, including participant's contribution, the employer's contribution, distributions, loan activities, if applicable, and allocation of investment earnings/losses. Allocation of earnings/losses and expenses is based on account balances. The benefit to which a participant is entitled is the benefit that can be provided from the vested portion of the participant's account.
Notes Receivable from Participants
Participants may borrow from the vested portion of their account, a minimum of $1,000 to a maximum of $50,000, with certain restrictions. Loan transactions are treated as transfers from (to) the investment fund to (from) participant loans. Loan terms range from one to four years for general purpose loans or up to 15 years for the purchase of a primary residence. Loans bear interest at the prime rate in effect at time of loan issuance plus one percent. Interest rates on outstanding loans range from 4.25% to 10.50% as of December 31, 2015 and mature on various dates through December 2030. Principal and interest are paid ratably through payroll deductions. Some separated participants may repay loan obligations directly, rather than through payroll deductions. Participant loans amounted to approximately $87,024,000 and $81,878,000 as of December 31, 2015 and 2014, respectively.
Distributions to Participants
Account balances are distributed as soon as practicable after a participant dies, becomes entitled to and requests a distribution, or terminates employment with an account balance of $5,000 or less. Participants may otherwise delay distribution, subject to the minimum distribution requirements under Internal Revenue Code (“IRC”) Section 401(a)-(9). Participants may receive lump sum distributions. An installment form of distribution payment is also available to certain participants. In-service withdrawals may be taken from after-tax contributions, upon attainment of age 59½, or for certain financial hardships. Participants taking in-service withdrawals will be required to pay all applicable taxes on the withdrawals and may be subject to penalty taxes for early withdrawals taken prior to age 59½. Participants who terminate employment with a vested account balance greater than $1,000 but less than or equal to $5,000 will have their vested account balance automatically rolled over to individual retirement accounts (“IRA”) selected by the Chair or Secretary of the Plan Administrator, unless the participants make a timely distribution election.
2. Summary of Significant Accounting Policies
Basis of Accounting
The financial statements are prepared and presented on the accrual basis of accounting and in conformity with U.S. generally accepted accounting principles (“GAAP”) applicable to employee benefit plans and ERISA.
Use of Estimates
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and changes therein, and disclosure of contingent assets and liabilities. Actual results could differ materially from those estimates.
Risks and Uncertainties
The Plan's investment in Edison International Common Stock amounted to approximately $578,765,000 and $739,704,000 as of December 31, 2015 and 2014, respectively. Such investments represented approximately 15% and 18% of the Plan's net assets as of December 31, 2015 and 2014, respectively. For risks and uncertainties regarding investment in the Company's common stock, participants should refer to the annual report on Form 10-K for the period ended December 31, 2015, and the quarterly report on Form 10-Q for the period ended March 31, 2016 of Edison International.
The Plan provides for various funds that hold investment securities. Investment securities are exposed to various risks such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities and the level of uncertainty related to changes in the value of investment securities, it is at least reasonably possible that changes in risk in the near term could materially affect participants' account balances and the amounts reported in the Statements of Net Assets Available for Plan Benefits and the Statement of Changes in Net Assets Available for Plan Benefits.
The Plan participates in various investment options that include securities of foreign companies, which involve special risks and considerations not typically associated with investing in U.S. companies. These risks include devaluation of currencies, less reliable information about issuers, different securities transaction clearance and settlement practices, and possible adverse political and economic developments. Moreover, securities of many foreign companies and their markets may be less liquid and their prices more volatile than securities of comparable U.S. companies.
Investment Valuation and Income Recognition
The Plan's investments are stated at fair value. 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. Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date.
Net Appreciation (Depreciation) in Fair Value of Investments
Realized and unrealized appreciation (depreciation) in the fair value of investments is based on the difference between the fair value of the assets at the beginning of the year, or at the time of assets purchased during the year, and the related fair value on the day investments are sold with respect to realized appreciation (depreciation), or on the last day of the year for unrealized appreciation (depreciation).
Notes Receivable from Participants
Notes receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest.
Notes receivable from participants that are in default, as provided in the Plan document, are treated as deemed distributions for active participants, or loan offsets for terminated participants, for tax purposes and also reported as such in the Form 5500. There were $172,000 deemed distributions in 2015. For the year ended December 31, 2015, $5,418,000 of notes receivable from participants were loan offsets. This amount is included in “Distributions to participants” in the Statements of Changes in Net Assets Available for Plan Benefits.
Distributions to Participants
Distributions to participants, other than notes receivable from participants, are recorded when paid.
New Accounting Guidance
Accounting Guidance Adopted
On May 1, 2015, the Financial Accounting Standards Board (“FASB”) issued an accounting standards update which removes the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using net asset value per share or its equivalent as a practical expedient. This new guidance is effective January 1, 2016 but was early adopted by the Plan in 2015. Certain prior year amounts have been retrospectively adjusted. See Note 3 for the Fair Value Measurements disclosure.
On July 31, 2015, the FASB issued an accounting standards update which requires that investments be grouped only by general type rather than on the basis of the nature, characteristics and risks. In addition, it eliminates the requirement to disclose significant individual investments and the net appreciation or depreciation for investments by general type. This new guidance is effective January 1, 2016 but was early adopted by the Plan in 2015. Certain prior year amounts have been retrospectively adjusted. See Note 3 for the Fair Value Measurements disclosure.
Accounting Guidance Not Yet Adopted
On January 5, 2016, the FASB issued an accounting standards update that amends the guidance on the classification and measurement of financial instruments. The amendments require equity investments (excluding those accounted for under the equity method or those that result in consolidation) to be measured at fair value, with changes in fair value recognized in net income. It also amends certain disclosure requirements associated with the fair value of financial instruments. In addition, the new guidance requires financial assets and financial liabilities to be presented separately in the notes to the financial statements, grouped by measurement category and form of financial asset. This new guidance is effective January 1, 2019. The adoption of this standard is not expected to have a material impact on the Plan’s financial statements.
3. Fair Value Measurements
Fair value is defined as 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 (referred to as an “exit price”). Fair value of an asset or liability considers assumptions that market participants would use in pricing the asset or liability, including assumptions about nonperformance risk. The Plan categorizes financial assets and liabilities into a three-level fair value hierarchy based on valuation inputs used to derive fair value. The hierarchy gives the highest priority to unadjusted quoted market prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are:
| |
• | Level 1: The fair value of Level 1 assets and liabilities is determined using unadjusted quoted prices in active markets that are available at the measurement date for identical assets and liabilities; |
| |
• | Level 2: Pricing inputs other than Level 1 that are observable, either directly or indirectly, such as quoted market prices for similar assets; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the financial instrument; and |
| |
• | Level 3: The fair value of Level 3 assets and liabilities is determined using the income approach through various models and techniques that require significant unobservable inputs. The Plan does not have any Level 3 assets and liabilities. |
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. Valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs. There were no changes in the valuation methods during 2015 and 2014. Plan assets carried at fair value are described below.
Edison International Common Stock and investments in equity mutual funds are valued at the unadjusted quoted prices in active or highly liquid and transparent markets and are classified as Level 1.
Investments in separately managed accounts (separate accounts) are managed by external investment managers and include the following: Cash and short-term interest bearing investments with initial maturities of three months or less are recorded at cost, plus accrued interest, which approximates fair value. The value of equity investments, real estate investment trusts, and US Treasury investments in separate accounts is based on quoted market prices in active or highly liquid and transparent markets and is therefore classified as Level 1. The fair value of fixed income investments (including asset-backed securities) in separate accounts are based on evaluated prices that reflect significant observable market information but are classified as Level 2 because they trade in markets that are not considered active. Separate accounts also include minor investments in derivative contracts, including options and futures traded in active markets and swap contracts valued at fair value, as determined by the investment managers taking into consideration exchange quotations on underlying instruments, dealer quotations and other market information.
The self-directed brokerage accounts contain investments stated at quoted market prices for equities and mutual funds and therefore are classified as Level 1. Fixed income investments in this category are classified as Level 2.
The preceding methods described may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, although the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.
The following presents information about the Plan's investments that are measured at fair value on a recurring basis as of December 31, 2015 and 2014, by level within the fair value hierarchy: |
| | | | | | | | | | | | | | | | | | |
| Investments at Fair Value as of December 31, 2015 |
(in thousands) | Level 1 | | Level 2 | | Level 3 | | NAV a | | Total |
Edison International common stock fund | $ | 575,922 |
| | $ | — |
| | $ | — |
| | 2,843 |
| | $ | 578,765 |
|
Money market fund | — |
| | — |
| | — |
| | 417,222 |
| | 417,222 |
|
Self-directed brokerage accounts | 338,649 |
| | 2,154 |
| | — |
| | — |
| | 340,803 |
|
Mutual fund | 152,627 |
| | — |
| | — |
| | — |
| | 152,627 |
|
Collective investment funds | — |
| | — |
| | — |
| | 1,560,181 |
| | 1,560,181 |
|
Separate managed funds: | | | | | | | | | |
Cash and other short-term investments | — |
| | — |
| | — |
| | 8,607 |
| | 8,607 |
|
Mutual funds | — |
| | — |
| | — |
| | 1,806 |
| | 1,806 |
|
Fixed income securities b | 36,409 |
| | 172,239 |
| | — |
| | — |
| | 208,648 |
|
Common and preferred stocks | 503,702 |
| | — |
| | — |
| | — |
| | 503,702 |
|
Other | 11,962 |
| | 14,791 |
| | — |
| | — |
| | 26,753 |
|
Total separate managed funds | 552,073 |
| | 187,030 |
| | — |
| | 10,413 |
| | 749,516 |
|
Total investments at fair value | $ | 1,619,271 |
| | $ | 189,184 |
| | $ | — |
| | 1,990,659 |
| | $ | 3,799,114 |
|
|
| | | | | | | | | | | | | | | | | | |
| Investments at Fair Value as of December 31, 2014 |
(in thousands) | Level 1 | | Level 2 | | Level 3 | | NAV a | | Total |
Edison International common stock fund | $ | 728,711 |
| | $ | — |
| | $ | — |
| | 10,993 |
| | $ | 739,704 |
|
Money market fund | — |
| | — |
| | — |
| | 453,499 |
| | 453,499 |
|
Self-directed brokerage accounts | 350,892 |
| | 1,566 |
| | — |
| | — |
| | 352,458 |
|
Mutual fund | 164,874 |
| | — |
| | — |
| | — |
| | 164,874 |
|
Collective investment funds | — |
| | — |
| | — |
| | 1,618,989 |
| | 1,618,989 |
|
Separate managed funds: | | | | | | | | | |
Cash and other short-term investments | — |
| | — |
| | — |
| | 6,655 |
| | 6,655 |
|
Mutual funds | — |
| | — |
| | — |
| | 4,599 |
| | 4,599 |
|
Fixed income securities b | 44,320 |
| | 141,824 |
| | — |
| | — |
| | 186,144 |
|
Common and preferred stocks | 528,448 |
| | — |
| | — |
| | — |
| | 528,448 |
|
Other | 13,113 |
| | 8,185 |
| | — |
| | — |
| | 21,298 |
|
Total separate managed funds | 585,881 |
| | 150,009 |
| | — |
| | 11,254 |
| | 747,144 |
|
Total investments at fair value | $ | 1,830,358 |
| | $ | 151,575 |
| | $ | — |
| | 2,094,735 |
| | $ | 4,076,668 |
|
| |
a | These investments are measured at fair value using the net asset value per share practical expedient and have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts in the Statement of Net Assets Available for Plan Benefits. |
| |
b | The majority of dollar amounts of these securities consist of U.S. government securities and agency securities including U.S. treasury notes and bonds. |
The Plan determines the fair value for transfers in and transfers out of each level at the end of each reporting period. There were no transfers between level 1, 2 or 3 during 2015 and 2014.
Fund Investments Valued at Net Asset per Share as a Practical Expedient
The following table summarizes investments measured at fair value based on NAV per share: |
| | | | | | | | |
| December 31, 2015 |
(in thousands) | Fair Value | | Unfunded Commitments | | Redemption Frequency (if currently eligible) | | Redemption Notice Period |
Money market fund 1 | 428,672 |
| | Not applicable | | Daily | | None |
Mutual fund 2 | 1,806 |
| | Not applicable | | Daily | | None |
Collective investment funds 3 | 1,560,181 |
| | Not applicable | | Daily | | None |
Total | 1,990,659 |
| | | | | | |
|
| | | | | | | | |
| December 31, 2014 |
(in thousands) | Fair Value | | Unfunded Commitments | | Redemption Frequency (if currently eligible) | | Redemption Notice Period |
Money market fund 1 | 471,147 |
| | Not applicable | | Daily | | None |
Mutual fund 2 | 4,599 |
| | Not applicable | | Daily | | None |
Collective investment funds 3 | 1,618,989 |
| | Not applicable | | Daily | | None |
Total | 2,094,735 |
| | | | | | |
| |
1 | For the year ended December 31, 2015, the combined money market fund investments of $428,672 are all invested in the State Street Money Market Fund, including $8,607 in separate managed funds “Cash and short-term investments”, and $2,843 in the “Edison International common stock fund.” For the year ended December 31, 2014, the combined money market fund investments of $471,147 are all invested in the State Street Money Market Fund, including $6,655 in separate managed funds “Cash and short-term investments”, and $10,993 of excess cash in the “Edison International common stock fund.” |
The State Street Money Market Fund seeks to provide safety of principal, daily liquidity and a competitive yield over the long term. The fund invests in a diversified portfolio of securities including securities guaranteed by the U.S. Government or its agencies; debt securities of domestic or foreign corporations, mortgage-backed and other asset-backed securities, municipal bonds, structured notes, loan participations, revolving credit facilities, repurchase agreements and bank certificates of deposit.
| |
2 | The investment objective of the bond mutual fund within the separately managed accounts is to seek maximum current income, consistent with preservation of capital and daily liquidity. |
| |
3 | Collective investment funds consist of fixed income index funds that seek to track the Barclays Capital Aggregate Bond Index, equity index funds that seek to track the performance of the Standard and Poor's 500 index, the Russell 1000 growth index, the Russell 2500 index, the MSCI AC World Index excluding the U.S., and a fund that invests in inflation-index bonds issued by the U.S. Treasury. |
4. Investment Elections
The Trustee invests contributions in accordance with participant instructions.
Participants may elect changes to their investment mix effective each business day, with certain restrictions. The Plan imposes a seven-day trading restriction for most participants that applies to all funds except the Edison International Common Stock Fund. Reallocation elections are also subject to trading restrictions, redemption fees, or other measures imposed by investment fund managers. Participants may effect changes to their deferral percentages and deferral investment elections coincident with their pay frequency.
5. Investment Options
The transfer of a participant's investment from one fund to any other fund is based on the net asset value of the units allocated to the participant's account, as of close of market on the date of transfer.
As of December 31, 2015, all participants were able to choose from among 18 investment fund offerings. These investment funds consisted of the following:
| |
• | Tier 1 – Ten Target Date Funds: Premixed allocation of stocks, bonds and cash. Each Target Date fund is built from a combination of the Tier 2 core funds and designed to be more conservative over time as each fund approaches its target date. |
| |
• | Tier 2 – Edison International Common Stock Fund and Seven Institutional Funds representing a range of asset classes: large and small U.S. stocks (including Edison International Common Stock), cash equivalents, non-U.S. stocks and fixed income instruments, with varying degrees of risk and return. |
| |
• | Tier 3 – Self-Directed Brokerage Accounts: Allows participants to select investments from among thousands of publicly traded securities including individual equities, mutual funds, fixed income products, exchange traded funds, real estate investment trusts, and taxable unit investment trusts. |
The Plan Sponsor's Trust Investment Committee may direct the Trustee to establish new investment funds or discontinue existing ones as well as change the investment medium for each investment fund. Participants should refer to the summary plan description for a more complete discussion of the various investment options.
6. Reconciliation of Financial Statements to Form 5500
The following is a reconciliation of net assets available for plan benefits per the financial statements to the Form 5500:
|
| | | | | | | |
| December 31, |
(in thousands) | 2015 | | 2014 |
Net assets available for plan benefits per the financial statements | $ | 3,856,893 |
| | $ | 4,153,065 |
|
Less: Amounts allocated to withdrawing participants | (223 | ) | | (1,253 | ) |
Net assets available for plan benefits per the Form 5500 | $ | 3,856,670 |
| | $ | 4,151,812 |
|
| | | |
The following is a reconciliation of total deductions per the financial statements to the Form 5500:
|
(in thousands) | | | For year ended December 31, 2015 |
Total deductions per the financial statements | | | $ | 429,258 |
|
Add: Amounts allocated to withdrawing participants at December 31, 2015 | | | 223 |
|
Less: Amounts allocated to withdrawing participants at December 31, 2014 | | | (1,253 | ) |
Benefits paid to participants per the Form 5500 | | | $ | 428,228 |
|
Amounts allocated to withdrawing participants are recorded on the Form 5500 for benefit claims that have been processed and approved for payment prior to December 31 but not paid as of that date.
7. Related-Party Transactions
Certain Plan investments, including investments held in the trust, are shares of funds managed by the Trustee. The Plan also invests in the Edison International Common Stock Fund and receives services from the Plan Sponsor. In addition, the Plan issues loans to participants, see "Notes Receivable from Participants" in Note 1 for more details. These transactions qualify as party-in-interest transactions under ERISA.
The Money Market Fund is managed by State Street Bank and Trust Company, which also serves as the Plan's Trustee. Fees earned by the Trustee in its capacity as fund manager for the Plan were $188,000 for 2015 and were reported as “Management fees” on the Statement of Changes in Net Assets Available for Plan Benefits.
The Plan's investment options include the Company's Common Stock as a fund option. See Note 2 for a discussion of the amount of the Plan's investment in the Company's Common Stock. In addition, State Street Global Advisors, an affiliate of State Street Bank and Trust Company, is the investment manager of the Edison International Common Stock Fund. Fees earned by State Street Global Advisors in its capacity as the investment manager of the Edison International Common Stock Fund were $102,000 for 2015 and were reported as “Management fees” on the Statement of Changes in Net Assets Available for Plan Benefits.
Certain investment fund managers have provided credits to Xerox HR Solutions LLC of $519,000 for administrative and other services rendered to the Plan by the Plan Sponsor. These credits were used to reduce Xerox HR Solutions LLC’s charge to the Plan Sponsor for services provided to the Plan.
See Note 10 below regarding Edison International Common Stock Fund dividend payments.
8. Plan Termination
Although it has not expressed intent to do so, the Plan Sponsor has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, participants will become fully vested in their accounts. The Trust will continue after termination until all Trust assets have been distributed to participants and their beneficiaries.
9. Tax Status
The IRS has determined and informed the Plan Sponsor by a letter dated September 29, 2014 that the Plan and related trust are designed in accordance with the applicable qualification sections of the IRC. The Plan has been amended since receiving the determination letter. However, the Plan Administrator believes that the Plan is designed in compliance with the applicable qualification requirements of the IRC. In addition, the Plan Administrator is not aware of any operational issues that will prevent the continuation of the Plan's qualified tax status. The Plan has filed for a new determination letter on January 26, 2016 and is awaiting a response from the IRS.
Accounting principles generally accepted in the United States require Plan management to evaluate tax positions taken by the Plan and recognize a tax liability if the Plan has taken an uncertain tax position that more likely than not would not be sustained upon examination by the IRS. The Plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2015, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no tax audits relative to the Plan for any tax periods in progress. The Plan administrator believes it is no longer subject to income tax examination for years prior to 2011.
10. Employee Stock Ownership Plan
The Edison International Common Stock Fund constitutes an employee stock ownership plan that allows for the current distribution of dividends to the accounts of all participants through the Plan. Such distributions amounted to approximately $2,781,000 for the year ended December 31, 2015. On December 10, 2015, the Board of Directors of Edison International declared a common stock dividend of $0.48 per share which was paid on January 31, 2016 to the shareholders of record as of December 31, 2015. As the record date was at year end, dividend income of $0.48 per share amounting to approximately $4,669,000 was accrued and included in “Dividends receivable” in the accompanying financial statements at December 31, 2015. For the year ended December 31, 2014, $4,610,000 was accrued in dividend receivable and paid on February 2, 2015.
Supplemental Schedule
____________________________________________________________________________________________________
|
| |
Form 5500 Schedule H, Line 4i - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | | EIN: 95-1240335 |
| | | | Plan Number: 002 |
| | | | | |
(a) | (b) | | (c) | (d) | (e) |
| Identity of Issue, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | Cost** | Current Value (in thousands) |
Edison International common stock fund |
* | Edison International | | Common stock - no par value | | $ | 578,765 |
|
Money market fund |
* | State Street Bank & Trust Co. | | Money market fund - collective instrument in the State Street Bank short-term income fund | | 417,222 |
|
Investment funds |
| BlackRock Global Investors | | Collective investment in the core Standard & Poor 500 index fund | | 726,372 |
|
| BlackRock Global Investors | | Collective investment in the core treasury inflation protected securities fund | | 125,822 |
|
| PIMCO*** | | Separate managed account in the core bond fund | | 125,876 |
|
| BlackRock Global Investors | | Collective investment in the core bond fund | | 96,537 |
|
| Dodge & Cox*** | | Separate managed account in the core bond fund | | 94,683 |
|
| Harding Loevner | | Collective investment in the core international stock fund | | 167,785 |
|
| Dodge & Cox | | Mutual fund in the core international stock fund | | 152,627 |
|
| BlackRock Global Investors | | Collective investment in the core international stock fund | | 163,391 |
|
| BlackRock Global Investors | | Collective investment in the core Standard & Poor 500 index (large company stock) fund | | 162,559 |
|
| Institutional Capital Corporation*** | | Separate managed account in the core U.S. large company stock fund | | 143,661 |
|
| Westwood Group*** | | Separate managed account in the core U.S. small-medium company stock fund | | 56,525 |
|
| Jackson Square Partners*** | | Separate managed account in the core U.S. small-medium company stock fund | | 64,623 |
|
| BlackRock Global Investors | | Collective investment in the core U.S. small-medium company stock fund | | 117,715 |
|
| Next Century*** | | Separate managed account in the core U.S. small-medium company stock fund | | 54,267 |
|
| AJO Partners*** | | Separate managed account in the core U.S. small-medium company stock fund | | 54,922 |
|
| Loomis Sayles*** | | Separate managed account in the core U.S. large company stock fund | | 154,959 |
|
| | | Total common collective and separate managed funds | | 2,462,324 |
|
Self-directed brokerage accounts |
| Charles Schwab | | Self-directed brokerage accounts | | 340,803 |
|
| | | Total investments | | 3,799,114 |
|
Notes receivable from participants |
* | Notes receivable from participants | | Loans with maturities varying from one to four years (or up to 15 years for purchase of a primary residence) and interest rates of 4.25% to 10.50% | | 87,024 |
|
| | | Total | | $ | 3,886,138 |
|
| |
** | Investments are participant-directed; therefore, disclosure of cost is not required. |
*** See investment details of the separate managed investments in the appendix of the Schedule of Assets.
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) |
| (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value |
| Current Value (in thousands) |
| PIMCO | | AETNA INC SR UNSECURED 11/24 3.5 | | $ | 549 |
|
| | | FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE | | 4,000 |
|
| | | FNMA TBA 15 YR 3.5 SINGLE FAMILY MORTGAGE | | 1,047 |
|
| | | FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE | | 8,237 |
|
| | | FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE | | 11,512 |
|
| | | FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE | | 3,019 |
|
| | | ALLY FINANCIAL INC COMPANY GUAR 02/17 5.5 | | 515 |
|
| | | AMAZON.COM INC SR UNSECURED 12/21 3.3 | | 360 |
|
| | | AMAZON.COM INC SR UNSECURED 12/24 3.8 | | 494 |
|
| | | AMGEN INC SR UNSECURED 05/19 2.2 | | 649 |
|
| | | APPLE INC SR UNSECURED 05/21 2.85 | | 102 |
|
| | | VEREIT OPERATING PARTNER COMPANY GUAR 02/19 3 | | 192 |
|
| | | MORGAN STANLEY + CO INC CASH COLL (CCP) | | 204 |
|
| | | BP CAPITAL MARKETS PLC COMPANY GUAR 11/22 2.5 | | 238 |
|
| | | BANK OF AMERICA NA SR UNSECURED 06/17 VAR | | 698 |
|
| | | BANK OF AMERICA CORP SR UNSECURED 05/18 5.65 | | 323 |
|
| | | BANK OF AMERICA CORP SR UNSECURED 03/16 3.625 | | 603 |
|
| | | BEAR STEARNS ADJUSTABLE RATE M BSARM 2004 10 11A1 | | 466 |
|
| | | CSAIL COMMERCIAL MORTGAGE TRUS CSAIL 2015 C3 ASB | | 507 |
|
| | | COUNTRYWIDE ASSET BACKED CERTI CWL 2005 4 MV2 | | 474 |
|
| | | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2004 28CB 5A1 | | 276 |
|
| | | COUNTRYWIDE HOME LOANS CWHL 2004 HYB2 6A | | 247 |
|
| | | CARDINAL HEALTH INC SR UNSECURED 11/19 2.4 | | 500 |
|
| | | CHICAGO IL CHI 01/22 FIXED 5.63 | | 197 |
|
| | | CHICAGO IL CHI 01/42 FIXED OID 7.75 | | 202 |
|
| | | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2005 8 3A1 | | 337 |
|
| | | CITIGROUP CAPITAL XIII PREFERRED STOCK 10/40 VAR | | 260 |
|
| | | CONOCOPHILLIPS COMPANY COMPANY GUAR 11/21 2.875 | | 583 |
|
| | | GNMA II TBA 30 YR 3.5 JUMBOS | | 1,042 |
|
| | | CREDIT SUISSE MORTGAGE TRUST CSMC 2006 C5 A1A | | 1,018 |
|
| | | DEUTSCHE TELEKOM INT FIN COMPANY GUAR 03/16 5.75 | | 303 |
|
| | | DISH DBS CORP COMPANY GUAR 04/18 4.25 | | 1,404 |
|
| | | ENERGY TRANSFER PARTNERS SR UNSECURED 12/45 6.125 | | 81 |
|
| | | FANNIE MAE NOTES 05/18 0.875 | | 99 |
|
| | | FANNIE MAE NOTES 09/18 1.875 | | 101 |
|
| | | FANNIE MAE FNR 2012 55 PC | | 1,753 |
|
| | | FNMA POOL 257290 FN 07/18 FIXED 4.5 | | 431 |
|
| | | FHLMC MULTIFAMILY STRUCTURED P FHMS KF11 A | | 496 |
|
| | | FREDDIE MAC NOTES 10/19 1.25 | | 592 |
|
| | | FNMA POOL 469379 FN 11/21 FIXED 3.14 | | 3,490 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) |
| (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value |
| Current Value (in thousands) |
| PIMCO | | FNMA POOL 471600 FN 06/22 FIXED 2.64 | | $ | 299 |
|
| | | FNMA POOL AH8434 FN 04/41 FIXED 5 | | 30 |
|
| | | FNMA POOL AL1983 FN 05/22 FIXED VAR | | 501 |
|
| | | FNMA POOL AL5853 FN 05/44 FIXED VAR | | 896 |
|
| | | FNMA POOL AW3558 FN 05/29 FIXED 3 | | 418 |
|
| | | FNMA POOL 654528 FN 12/17 FIXED 4.5 | | 56 |
|
| | | FANNIE MAE FNR 2004 10 ZB | | 59 |
|
| | | FREDDIE MAC FHR 2882 ZC | | 15 |
|
| | | FNMA POOL 702657 FN 06/18 FIXED 4.5 | | 82 |
|
| | | FNMA POOL 725236 FN 03/34 FIXED VAR | | 14 |
|
| | | FNMA POOL 888638 FN 09/37 FIXED VAR | | 420 |
|
| | | FNMA POOL 894948 FN 08/36 FIXED 6 | | 31 |
|
| | | FNMA POOL 995279 FN 12/38 FIXED VAR | | 20 |
|
| | | FNMA POOL AE0515 FN 04/40 FIXED VAR | | 32 |
|
| | | FEDEX CORP COMPANY GUAR 02/20 2.3 | | 251 |
|
| | | FEDEX CORP COMPANY GUAR 02/25 3.2 | | 243 |
|
| | | FORD MOTOR CREDIT CO LLC SR UNSECURED 01/18 VAR | | 297 |
|
| | | FORD MOTOR CREDIT CO LLC SR UNSECURED 01/21 3.2 | | 298 |
|
| | | GOLDMAN SACHS GROUP INC SR UNSECURED 07/24 3.85 | | 969 |
|
| | | GOLDMAN SACHS GROUP INC SR UNSECURED 12/17 VAR | | 1,000 |
|
| | | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H16 FM | | 397 |
|
| | | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H20 FB | | 197 |
|
| | | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H20 FC | | 594 |
|
| | | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H22 FC | | 493 |
|
| | | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H30 FB | | 692 |
|
| | | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H29 FA | | 988 |
|
| | | HSBC USA INC SR UNSECURED 08/18 VAR | | 500 |
|
| | | INDU + COML BNK CHINA NY SR UNSECURED 11/19 3.231 | | 508 |
|
| | | INDYMAC INDA MORTGAGE LOAN TRU INDA 2005 AR1 3A1 | | 477 |
|
| | | INGRAM MICRO INC SR UNSECURED 12/24 4.95 | | 249 |
|
| | | INTL LEASE FINANCE CORP SR UNSECURED 03/17 8.75 | | 320 |
|
| | | INTL LEASE FINANCE CORP SR UNSECURED 05/16 5.75 | | 304 |
|
| | | INTESA SANPAOLO NEW YORK CERT OF DEPO 04/16 VAR | | 500 |
|
| | | JPMORGAN CHASE + CO SR UNSECURED 02/17 VAR | | 899 |
|
| | | JP MORGAN MORTGAGE TRUST JPMMT 2005 A5 2A2 | | 1,294 |
|
| | | JPMORGAN CHASE + CO SR UNSECURED 01/25 3.125 | | 292 |
|
| | | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2006 LDP8 A1A | | 36 |
|
| | | KLA TENCOR CORP SR UNSECURED 11/21 4.125 | | 100 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| PIMCO | | KLA TENCOR CORP SR UNSECURED 11/24 4.65 | | $ | 302 |
|
| | | KINDER MORGAN INC/DELAWA COMPANY GUAR 12/19 3.05 | | 93 |
|
| | | KOREA DEVELOPMENT BANK SR UNSECURED 08/17 3.5 | | 205 |
|
| | | LAM RESEARCH CORP SR UNSECURED 03/25 3.8 | | 471 |
|
| | | LLOYDS BANK PLC COMPANY GUAR 08/18 VAR | | 400 |
|
| | | MERRILL LYNCH MORTGAGE INVESTO MLMI 2003 A2 2A2 | | 89 |
|
| | | MLCC MORTGAGE INVESTORS INC MLCC 2004 G A1 | | 94 |
|
| | | MORGAN STANLEY SR UNSECURED 05/19 7.3 | | 459 |
|
| | | MORGAN STANLEY SR UNSECURED 10/24 3.7 | | 377 |
|
| | | HELLENIC RAILWAY ORG GOVT GUARANT 12/16 4.5 | | 92 |
|
| | | ONEOK PARTNERS LP COMPANY GUAR 02/16 3.25 | | 301 |
|
| | | OWENS CORNING COMPANY GUAR 12/24 4.2 | | 243 |
|
| | | PETROBRAS GLOBAL FINANCE COMPANY GUAR 03/18 5.875 | | 534 |
|
| | | PETROBRAS GLOBAL FINANCE COMPANY GUAR 01/20 5.75 | | 157 |
|
| | | PETROBRAS GLOBAL FINANCE COMPANY GUAR 01/16 3.875 | | 100 |
|
| | | PETROBRAS GLOBAL FINANCE COMPANY GUAR 01/19 VAR | | 95 |
|
| | | PETROBRAS GLOBAL FINANCE COMPANY GUAR 05/23 4.375 | | 66 |
|
| | | PIMCO FDS SHORT TERM FLTG NAV MUTUAL FUND | | 1,806 |
|
| | | RESIDENTIAL ACCREDIT LOANS, IN RALI 2005 QA1 A1 | | 268 |
|
| | | REYNOLDS AMERICAN INC COMPANY GUAR 08/45 5.85 | | 222 |
|
| | | SLC STUDENT LOAN TRUST SLCLT 2006 2 A5 | | 769 |
|
| | | NAVIENT CORP SR UNSECURED 01/17 6 | | 718 |
|
| | | SLM STUDENT LOAN TRUST SLMA 2005 3 A5 | | 683 |
|
| | | SAN FRANCISCO CITY CNTY CA C SFOCTF 11/41 FIXED 6.487 | | 1,790 |
|
| | | SANTANDER BANK NA SR UNSECURED 01/18 VAR | | 1,067 |
|
| | | SANTANDER DRIVE AUTO RECEIVABL SDART 2015 4 A2A | | 499 |
|
| | | SOUTHWESTERN ENERGY CO SR UNSECURED 01/25 4.95 | | 205 |
|
| | | SPRINT CAPITAL CORP COMPANY GUAR 05/19 6.9 | | 163 |
|
| | | STATOIL ASA COMPANY GUAR 11/18 VAR | | 893 |
|
| | | STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND | | 86 |
|
| | | STRUCTURED ADJUSTABLE RATE MOR SARM 2004 12 9A | | 444 |
|
| | | STRUCTURED ADJUSTABLE RATE MOR SARM 2005 2 A2 | | 125 |
|
| | | STRUCTURED ASSET SECURITIES CO SASC 2004 13 2A1 | | 602 |
|
| | | TELEFONICA EMISIONES SAU COMPANY GUAR 02/16 3.992 | | 301 |
|
| | | THORNBURG MORTGAGE SECURITIES TMST 2006 5 A1 | | 130 |
|
| | | UBS AG STAMFORD CT SR UNSECURED 06/17 VAR | | 798 |
|
| | | UBS AG STAMFORD CT SR UNSECURED 06/20 VAR | | 299 |
|
| | | TSY INFL IX N/B 04/28 3.625 | | 5,767 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| PIMCO | | TSY INFL IX N/B 01/25 2.375 | | $ | 7,172 |
|
| | | TSY INFL IX N/B 01/27 2.375 | | 273 |
|
| | | TSY INFL IX N/B 01/28 1.75 | | 248 |
|
| | | TSY INFL IX N/B 01/29 2.5 | | 525 |
|
| | | US TREASURY N/B 05/42 3 | | 402 |
|
| | | US TREASURY N/B 08/42 2.75 | | 191 |
|
| | | US TREASURY N/B 11/42 2.75 | | 1,335 |
|
| | | US TREASURY N/B 05/43 2.875 | | 195 |
|
| | | US TREASURY N/B 05/44 3.375 | | 4,185 |
|
| | | US TREASURY N/B 08/44 3.125 | | 5,928 |
|
| | | US TREASURY N/B 11/44 3 | | 2,790 |
|
| | | TSY INFL IX N/B 02/45 0.75 | | 440 |
|
| | | US TREASURY N/B 08/45 2.875 | | 1,651 |
|
| | | US TREASURY N/B 11/45 3 | | 299 |
|
| | | US TREASURY N/B 02/24 2.75 | | 417 |
|
| | | US TREASURY N/B 11/24 2.25 | | 1,474 |
|
| | | TSY INFL IX N/B 04/20 0.125 | | 401 |
|
| | | US TREASURY N/B 04/20 1.375 | | 2,369 |
|
| | | US TREASURY N/B 09/22 1.75 | | 686 |
|
| | | US TREASURY N/B 05/24 2.5 | | 511 |
|
| | | TSY INFL IX N/B 07/25 0.375 | | 971 |
|
| | | UNITEDHEALTH GROUP INC SR UNSECURED 12/19 2.3 | | 603 |
|
| | | CITIGROUP TBA CASH COLLATERAL | | (30 | ) |
| | | VERIZON COMMUNICATIONS SR UNSECURED 09/23 5.15 | | 110 |
|
| | | VERIZON COMMUNICATIONS SR UNSECURED 11/21 3 | | 1,396 |
|
| | | CCFOBHUS0 CREDIT SUISSE COC CCFOBHUS0 CREDIT SUISSE COC | | 32 |
|
| | | MORGAN STANLEY CASH BOC CCMSBIUS1 MORGAN STANLEY CASH | | (260 | ) |
| | | NATIONAL AUSTRAILIAN BANK CASH CCNABIUS9 NATIONAL AUSTRAILIAN | | (270 | ) |
| | | WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR11 A1A | | 36 |
|
| | | WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR2 2A21 | | 374 |
|
| | | WACHOVIA BANK COMMERCIAL MORTG WBCMT 2006 C27 A1A | | 112 |
|
| | | WALGREENS BOOTS ALLIANCE SR UNSECURED 05/16 VAR | | 498 |
|
| | | WELLS FARGO + COMPANY SR UNSECURED 12/20 2.55 | | 498 |
|
| | | WELLS FARGO MORTGAGE BACKED SE WFMBS 2003 E A1 | | 394 |
|
| | | WELLS FARGO HOME EQUITY TRUST WFHET 2005 2 M5 | | 105 |
|
| | | WELLS FARGO MORTGAGE BACKED SE WFMBS 2005 AR12 1A1 | | 422 |
|
| | | WILLIAMS PARTNERS LP SR UNSECURED 03/22 3.6 | | 393 |
|
| | | BOA FUTURES COC BOA FUTURES CCBOSXUS1 | | 192 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| PIMCO | | MORGAN STANLEY CCP MORGAN STANLEY CCMSCHUS2 | | $ | 324 |
|
| | | DEUTCHE BANK CCD CCDEUCUS4 DEUTCHE CCD | | 1 |
|
| | | CSFB CASH COLL CCP CSFB CASH COLL CCFOBCUS1 | | 120 |
|
| | | GOLDMAN CCP USD GOLDMAN CCP CCGSCCUS0 | | 74 |
|
| | | CCGSCZUS9 GOLDMAN SACH COC ICE CCP CCGSCZUS9 CASH COLL | | 141 |
|
| | | EUROSAIL PLC ESAIL 2006 2X A2C REGS | | 407 |
|
| | | ALBA PLC ALBA 2006 2 A3B REGS | | 267 |
|
| | | RMAC SECURITIES PLC RMACS 2006 NS4X A3A REGS | | 410 |
|
| | | SWAP BANK OF AMERICA BOC SWAP CASH COLLATERAL USD | | (260 | ) |
| | | SWAP DEUTSCHE BANK BOC SWAP CASH COLLATERAL USD | | (60 | ) |
| | | SWU001RO4 IRS MXN R F 5.50000 VANILLA | | 17 |
|
| | | SWU001RO4 IRS MXN P V 01MTIIE VANILLA | | (17 | ) |
| | | SWU004M21 IRS MXN R F 5.75000 VANILLA | | 6 |
|
| | | SWU004M21 IRS MXN P V 01MTIIE VANILLA | | (6 | ) |
| | | SWPC00Y83 CDS USD R F 1.00000 SOVEREIGN | | 396 |
|
| | | SWPC00Y83 CDS USD P V 03MEVENT SOVEREIGN | | (400 | ) |
| | | SWPC236P8 CDS USD R F 1.00000 SOVEREIGN | | 1,582 |
|
| | | SWPC236P8 CDS USD P V 03MEVENT SOVEREIGN | | (1,600 | ) |
| | | SWPC02DJ8 CDS USD R F 1.00000 | | 2,283 |
|
| | | SWPC02DJ8 CDS USD P V 03MOTC | | (2,300 | ) |
| | | SWPC02PY2 CDS USD R F 1.00000 CORPORATE | | 1,526 |
|
| | | SWPC02PY2 CDS USD P V 03MEVENT CORPORATE | | (1,500 | ) |
| | | SWPC02R87 CDS USD R F 1.00000 CORPORATE | | 1,829 |
|
| | | SWPC02R87 CDS USD P V 03MEVENT CORPORATE | | (1,800 | ) |
| | | SWU009GC5 IRS MXN R F 5.50000 SWU009GC5 CCPVANILLA CME | | 113 |
|
| | | SWU009GC5 IRS MXN P V 01MTIIE SWUV09GC7 CCPVANILLA CME | | (116 | ) |
| | | SWPC02J45 CDS USD R F .11000 1 ABX | | 975 |
|
| | | SWPC02J45 CDS USD P V 01MEVENT 2 ABX | | (1,208 | ) |
| | | SWPC02J52 CDS USD R F .11000 1 ABX | | 279 |
|
| | | SWPC02J52 CDS USD P V 01MEVENT 2 ABX | | (345 | ) |
| | | SWU00AFR0 IRS MXN R F 5.60000 SWU00AFR0 CCPVANILLA CME | | 352 |
|
| | | SWU00AFR0 IRS MXN P V 01MTIIE SWUV0AFR2 CCPVANILLA CME | | (347 | ) |
| | | SWU00AI63 IRS MXN R F 6.35000 SWU00AI63 CCPVANILLA | | 30 |
|
| | | SWU00AI63 IRS MXN P V 01MTIIE SWUV0AI65 CCPVANILLA | | (29 | ) |
| | | BWU00AKM5 IRS GBP R V 06MLIBOR SWUV0AKM7 CCPVANILLA | | 4,360 |
|
| | | BWU00AKM5 IRS GBP P F 1.83700 SWU00AKM5 CCPVANILLA | | (4,422 | ) |
| | | SWPC31H95 CDS USD R F 5.00000 FIX CDXTRANCHE | | 280 |
|
| | | SWPC31H95 CDS USD P V 03MEVENT FLO CDXTRANCHE | | (250 | ) |
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| PIMCO | | SWPC31J02 CDS USD R F 5.00000 FIX CDXTRANCHE | | $ | 280 |
|
| | | SWPC31J02 CDS USD P V 03MEVENT FLO CDXTRANCHE | | (250 | ) |
| | | SWPC07B18 CDS USD R F 5.00000 FIX CORPORATE | | 171 |
|
| | | SWPC07B18 CDS USD P V 03MEVENT FLO CORPORATE | | (200 | ) |
| | | SWU00B3P5 IRS MXN R F 5.58000 SWU00B3P5 CCPVANILLA | | 859 |
|
| | | SWU00B3P5 IRS MXN P V 01MTIIE SWUV0B3P7 CCPVANILLA | | (869 | ) |
| | | SWU00B664 IRS MXN R F 6.00000 SWU00B664 CCPVANILLA CME | | 6 |
|
| | | SWU00B664 IRS MXN P V 01MTIIE SWUV0B666 CCPVANILLA CME | | (6 | ) |
| | | SWU00A3Z5 IRS MXN R F 5.75000 SWU00A3Z5 CCPVANILLA CME | | 11 |
|
| | | SWU00A3Z5 IRS MXN P V 01MTIIE SWUV0A3Z7 CCPVANILLA CME | | (12 | ) |
| | | SWU00B649 IRS MXN R F 5.75000 SWU00B649 CCPVANILLA CME | | 59 |
|
| | | SWU00B649 IRS MXN P V 01MTIIE SWUV0B641 CCPVANILLA CME | | (58 | ) |
| | | SWPC08F04 CDS USD R F 5.00000 FIX CORPORATE | | 84 |
|
| | | SWPC08F04 CDS USD P V 03MEVENT FLO CORPORATE | | (100 | ) |
| | | SWU00BPI7 IRS MXN R F 6.39500 SWU00BPI7 CCPVANILLA | | 267 |
|
| | | SWU00BPI7 IRS MXN P V 01MTIIE SWUV0BPI9 CCPVANILLA | | (290 | ) |
| | | SWU00BQ54 IRS MXN R F 6.35000 SWU00BQ54 CCPVANILLA | | 915 |
|
| | | SWU00BQ54 IRS MXN P V 01MTIIE SWUV0BQ56 CCPVANILLA | | (996 | ) |
| | | SWU00BON7 IRS MXN R F 5.43000 CCP CME | | 961 |
|
| | | SWU00BON7 IRS MXN P V 01MTIIE CCP CME | | (979 | ) |
| | | SWPC08XU8 CDS USD R F 1.00000 FIX CORPORATE | | 202 |
|
| | | SWPC08XU8 CDS USD P V 03MEVENT FLO CORPORATE | | (200 | ) |
| | | SWPC09OW2 CDS USD R F 5.00000 1 CCPCDX | | 1,232 |
|
| | | SWPC09OW2 CDS USD P V 03MEVENT 2 CCPCDX | | (1,188 | ) |
| | | BWU00D868 IRS USD R V 03MLIBOR SWUV0D860 CCPVANILLA | | 100 |
|
| | | BWU00D868 IRS USD P F 2.75000 SWU00D868 CCPVANILLA | | (103 | ) |
| | | BWU00D7M4 IRS USD R V 03MLIBOR CCP CME | | 1,400 |
|
| | | BWU00D7M4 IRS USD P F 1.50000 CCP CME | | (1,410 | ) |
| | | BWU00D7P7 IRS USD R V 03MLIBOR CCP CME | | 8,840 |
|
| | | BWU00D7P7 IRS USD P F 2.75000 CCP CME | | (9,100 | ) |
| | | BWU00DAF5 IRS USD R V 03MLIBOR SWUV0DAF7 CCPVANILLA | | 2,800 |
|
| | | BWU00DAF5 IRS USD P F 2.00000 SWU00DAF5 CCPVANILLA | | (2,845 | ) |
| | | BWU00DA99 IRS USD R V 03MLIBOR CCP CME | | 500 |
|
| | | BWU00DA99 IRS USD P F 1.25000 CCP CME | | (502 | ) |
| | | BWU00DAD0 IRS USD R V 03MLIBOR SWUV0DAD2 CCPVANILLA | | 5,100 |
|
| | | BWU00DAD0 IRS USD P F 2.25000 SWU00DAD0 CCPVANILLA | | (5,204 | ) |
| | | BWU00DDF2 IRS USD R V 03MLIBOR SWUV0DDF4 CCPVANILLA | | 22,800 |
|
| | | BWU00DDF2 IRS USD P F 1.50000 SWU00DDF2 CCPVANILLA | | (22,869 | ) |
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| PIMCO | | SWPC0AJI6 CDS USD R F 1.00000 FIX CORPORATE | | $ | 206 |
|
| | | SWPC0AJI6 CDS USD P V 03MEVENT FLO CORPORATE | | (300 | ) |
| | | BWU00DRH3 IRS USD R V 03MLIBOR SWUV0DRH5 CCPVANILLA | | 1,200 |
|
| | | BWU00DRH3 IRS USD P F 2.35000 SWU00DRH3 CCPVANILLA | | (1,217 | ) |
| | | SWPC01RM8 CDS USD R F .08000 1 CMBX | | 452 |
|
| | | SWPC01RM8 CDS USD P V 01MEVENT 2 CMBX | | (453 | ) |
| | | SWU0CG751 IRS USD R V 12MUSCPI INF INFLATIONZERO | | 501 |
|
| | | SWU0CG751 IRS USD P F .41500 FIX INFLATIONZERO | | (500 | ) |
| | | SWPC0B5C2 CDS USD R F 5.00000 CCP ICE | | 607 |
|
| | | SWPC0B5C2 CDS USD P V 03MEVENT CCP ICE | | (600 | ) |
| | | BWU00EI99 IRS USD R V 03MLIBOR SWUV0EI91 CCPVANILLA | | 200 |
|
| | | BWU00EI99 IRS USD P F 1.00000 SWU00EI99 CCPVANILLA | | (200 | ) |
| | | SWPC0BA44 CDS USD R F 1.00000 FIX CORPORATE | | 203 |
|
| | | SWPC0BA44 CDS USD P V 03MEVENT FLO CORPORATE | | (200 | ) |
| | | SWPC0BBB7 CDS USD R F 1.00000 FIX CORPORATE | | 303 |
|
| | | SWPC0BBB7 CDS USD P V 03MEVENT FLO CORPORATE | | (300 | ) |
| | | SWPC0BD41 CDS EUR R F 1.00000 FIX CORPORATE | | 324 |
|
| | | SWPC0BD41 CDS EUR P V 03MEVENT FLO CORPORATE | | (326 | ) |
| | | BWU00FAL7 IRS USD R V 03MLIBOR SWUV0FAL9 CCPVANILLA | | 200 |
|
| | | BWU00FAL7 IRS USD P F 2.50000 SWU00FAL7 CCPVANILLA | | (193 | ) |
| | | BWU00FAB9 IRS USD R V 03MLIBOR SWUV0FAB1 CCPVANILLA | | 2,500 |
|
| | | BWU00FAB9 IRS USD P F 2.25000 SWU00FAB9 CCPVANILLA | | (2,492 | ) |
| | | SWPC0BL83 CDS EUR R F 1.00000 FIX CORPORATE | | 217 |
|
| | | SWPC0BL83 CDS EUR P V 03MEVENT FLO CORPORATE | | (217 | ) |
| | | BWU00FDQ3 IRS USD R V 03MLIBOR SWUV0FDQ5 CCPVANILLA | | 3,400 |
|
| | | BWU00FDQ3 IRS USD P F 2.15000 SWU00FDQ3 CCPVANILLA | | (3,382 | ) |
| | | SWU00FMT7 IRS USD R F 1.12500 SWU00FMT7 CCPVANILLA | | 4,098 |
|
| | | SWU00FMT7 IRS USD P V 03MLIBOR SWUV0FMT9 CCPVANILLA | | (4,100 | ) |
| | | 3175030L5 OTC EPUT USD VS JPY FEB19 80.0 PUT | | (1 | ) |
| | | 317U604H5 IRO USD 2Y C 1.0450 JAN16 1.045 CALL | | 1 |
|
| | | 317U245J6 IRO USD 10Y P 2.5800 MAY16 2.58 PUT | | 8 |
|
| | | 317U248J3 IRO USD 2Y1Y P 2.500 MAY16 2.5 PUT | | (6 | ) |
| | | 317U265J1 IRO USD 10Y P 2.5800 MAY16 2.58 PUT | | 3 |
|
| | | 317U269J7 IRO USD 2Y1Y P 2.500 MAY16 2.5 PUT | | (2 | ) |
| | | 317U841J4 IRO USD 30Y P 2.9050 AUG18 2.905 PUT | | 44 |
|
| | | 317U840J5 IRO USD 5Y P 2.8000 AUG18 2.8 PUT | | (36 | ) |
| | | 317U857J5 IRO USD 30Y P 2.9400 AUG18 2.94 PUT | | 17 |
|
| | | 317U856J6 IRO USD 5Y P 2.8000 AUG18 2.8 PUT | | (12 | ) |
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| PIMCO | | 31750A3U6 OTC ECAL USD VS BRL MAR16 4.6 CALL | | $ | (5 | ) |
| | | 31750A4D3 OTC ECAL USD VS BRL JAN16 4.45 CALL | | 1 |
|
| | | 31750A4O9 OTC ECAL USD VS BRL MAR16 4.55 CALL | | (3 | ) |
| | | 317U376K4 IRO USD 5Y P 1.90000 FEB16 1.9 PUT | | (11 | ) |
| | | 317U390K6 IRO USD 5Y P 1.90000 FEB16 1.9 PUT | | (3 | ) |
| | | 31750AF33 OTC ECAL USD VS RUB MAR16 74 CALL | | (4 | ) |
| | | 31750AFF6 OTC ECAL USD VS MXN FEB16 17.4 CALL | | (4 | ) |
| | | 31750AFI0 OTC ECAL USD VS RUB DEC16 87 CALL | | (11 | ) |
| | | 31750AFO7 OTC ECAL USD VS MXN MAR16 17.65 CALL | | (5 | ) |
| | | 31750AGC2 OTC ECAL USD VS CNH JUN16 6.85 CALL | | (2 | ) |
| | | 31750AGK4 OTC EPUT EUR VS USD JAN16 1.0815 PUT | | (5 | ) |
| | | 31750AGN8 OTC EPUT EUR VS USD JAN16 1.078 PUT | | (2 | ) |
| | | ROYAL BK OF SCOTLAND PLC SUBORDINATED REGS 03/22 VAR | | 216 |
|
| | | KBC BANK NV SUBORDINATED REGS 01/23 VAR | | 218 |
|
| | | REPUBLIC OF CYPRUS SR UNSECURED REGS 06/19 4.75 | | 117 |
|
| | | AUSTRALIAN DOLLAR | | 4 |
|
| | | AUBURN SECURITIES PLC AUBN 5 A2 REGS | | 256 |
|
| | | BLUESTONE SECURITIES PLC BLST 2006 1 A1 REGS | | 412 |
|
| | | NEWGATE FUNDING PLC NGATE 2006 3X A3A REGS | | 387 |
|
| | | COOPERATIEVE RABOBANK UA JR SUBORDINA REGS 11/49 VAR | | 537 |
|
| | | CANADIAN DOLLAR | | 1 |
|
| | | SWISS FRANC | | 1 |
|
| | | EURO CURRENCY | | 33 |
|
| | | POUND STERLING | | 198 |
|
| | | NEW ISRAELI SHEQEL | | 150 |
|
| | | JAPANESE YEN | | 2 |
|
| | | MEXICAN PESO (NEW) | | 260 |
|
| | | COOPERATIEVE RABOBANK UA JR SUBORDINA REGS 07/49 VAR | | 411 |
|
| | | SINGAPORE DOLLAR | | 1 |
|
| | | ICICI BANK LTD/HONG KONG SR UNSECURED REGS 11/20 5.75 | | 1,108 |
|
| | | Total PIMCO | | 125,876 |
|
| Dodge & Cox | | TIME WARNER INC COMPANY GUAR 04/31 7.625 | | 990 |
|
| | | TIME WARNER INC COMPANY GUAR 05/32 7.7 | | 337 |
|
| | | AT+T CORP COMPANY GUAR 11/31 8.25 | | 134 |
|
| | | AT+T INC SR UNSECURED 02/39 6.55 | | 562 |
|
| | | AT+T INC SR UNSECURED 05/25 3.4 | | 408 |
|
| | | AT+T INC SR UNSECURED 05/46 4.75 | | 137 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| Dodge & Cox | | ACTAVIS FUNDING SCS COMPANY GUAR 03/20 3 | | $ | 400 |
|
| | | ACTAVIS FUNDING SCS COMPANY GUAR 03/22 3.45 | | 275 |
|
| | | ACTAVIS FUNDING SCS COMPANY GUAR 03/25 3.8 | | 298 |
|
| | | AT+T INC SR UNSECURED 09/40 5.35 | | 173 |
|
| | | BNP PARIBAS COMPANY GUAR 10/24 4.25 | | 1,015 |
|
| | | BAC CAPITAL TRUST XI LIMITD GUARA 05/36 6.625 | | 626 |
|
| | | BANK OF AMERICA CORP SR UNSECURED 06/19 7.625 | | 481 |
|
| | | BANK OF AMERICA CORP SR UNSECURED 07/20 5.625 | | 305 |
|
| | | BANK OF AMERICA CORP SUBORDINATED 08/24 4.2 | | 481 |
|
| | | BARCLAYS PLC SUBORDINATED 09/24 4.375 | | 489 |
|
| | | BECTON DICKINSON AND CO SR UNSECURED 12/24 3.734 | | 126 |
|
| | | BOSTON PROPERTIES LP SR UNSECURED 05/21 4.125 | | 628 |
|
| | | BOSTON PROPERTIES LP SR UNSECURED 09/23 3.125 | | 341 |
|
| | | BOSTON SCIENTIFIC CORP SR UNSECURED 01/20 6 | | 361 |
|
| | | BURLINGTN NORTH SANTA FE SR UNSECURED 06/21 4.1 | | 949 |
|
| | | CIGNA CORP SR UNSECURED 06/20 5.125 | | 573 |
|
| | | CIGNA CORP SR UNSECURED 03/41 5.875 | | 173 |
|
| | | CALIFORNIA ST CAS 10/39 FIXED 7.3 | | 245 |
|
| | | CALIFORNIA ST CAS 03/40 FIXED 7.625 | | 1,405 |
|
| | | CAPITAL ONE FINANCIAL CO SR UNSECURED 07/21 4.75 | | 785 |
|
| | | CAPITAL ONE FINANCIAL CO SR UNSECURED 02/25 3.2 | | 266 |
|
| | | CAPITAL ONE FINANCIAL CO SUBORDINATED 10/25 4.2 | | 148 |
|
| | | CHASE ISSUANCE TRUST CHAIT 2014 A6 A6 | | 1,247 |
|
| | | CHASE ISSUANCE TRUST CHAIT 2014 A7 A7 | | 474 |
|
| | | CHASE ISSUANCE TRUST CHAIT 2015 A2 A2 | | 600 |
|
| | | CITIGROUP CAPITAL XIII PREFERRED STOCK 10/40 VAR | | 951 |
|
| | | COMCAST CORP COMPANY GUAR 02/18 5.875 | | 272 |
|
| | | CONOCOPHILLIPS COMPANY COMPANY GUAR 11/24 3.35 | | 892 |
|
| | | COX COMMUNICATIONS INC SR UNSECURED 08/28 6.8 | | 618 |
|
| | | DOMINION RESOURCES INC JR SUBORDINA 10/54 VAR | | 465 |
|
| | | DOW CHEMICAL CO/THE SR UNSECURED 11/29 7.375 | | 340 |
|
| | | DOW CHEMICAL CO/THE SR UNSECURED 05/19 8.55 | | 533 |
|
| | | DOW CHEMICAL CO/THE SR UNSECURED 05/39 9.4 | | 359 |
|
| | | DOW CHEMICAL CO/THE SR UNSECURED 11/20 4.25 | | 65 |
|
| | | ERP OPERATING LP SR UNSECURED 12/21 4.625 | | 163 |
|
| | | ERP OPERATING LP SR UNSECURED 04/23 3 | | 564 |
|
| | | FED HM LN PC POOL G30689 FG 07/32 FIXED 4.5 | | 3,360 |
|
| | | FED HM LN PC POOL G01976 FG 12/33 FIXED 6 | | 144 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| Dodge & Cox | | FED HM LN PC POOL G07338 FG 10/38 FIXED 6 | | $ | 128 |
|
| | | FED HM LN PC POOL G07480 FG 05/39 FIXED 6 | | 655 |
|
| | | FED HM LN PC POOL G07598 FG 11/43 FIXED 4.5 | | 170 |
|
| | | FED HM LN PC POOL G07857 FG 04/40 FIXED 4.5 | | 2,384 |
|
| | | FED HM LN PC POOL G12511 FG 02/22 FIXED 6 | | 658 |
|
| | | FED HM LN PC POOL G13824 FG 12/24 FIXED 5.5 | | 560 |
|
| | | FED HM LN PC POOL G14585 FG 10/26 FIXED 4 | | 680 |
|
| | | FED HM LN PC POOL G14678 FG 12/26 FIXED 4 | | 194 |
|
| | | FED HM LN PC POOL G15257 FG 05/27 FIXED 4 | | 273 |
|
| | | FED HM LN PC POOL 1G2201 FH 09/37 FLOATING VAR | | 88 |
|
| | | FED HM LN PC POOL 849254 FH 01/42 FLOATING VAR | | 305 |
|
| | | FED HM LN PC POOL 849330 FH 05/44 FLOATING VAR | | 628 |
|
| | | FED HM LN PC POOL 849505 FH 10/44 FLOATING VAR | | 3,913 |
|
| | | FED HM LN PC POOL 849536 FH 11/44 FLOATING VAR | | 805 |
|
| | | FED HM LN PC POOL Q02552 FG 08/41 FIXED 4.5 | | 148 |
|
| | | FED HM LN PC POOL Q03086 FG 09/41 FIXED 4.5 | | 354 |
|
| | | FED HM LN PC POOL V80953 FG 01/44 FIXED 4.5 | | 314 |
|
| | | FEDEX CORP 1998 PASS TST PASS THRU CE 07/23 6.72 | | 388 |
|
| | | FED HM LN PC POOL G60034 FG 02/45 FIXED 4.5 | | 239 |
|
| | | FED HM LN PC POOL G60153 FG 10/44 FIXED 4.5 | | 485 |
|
| | | FANNIE MAE FNR 2013 106 MA | | 196 |
|
| | | FANNIEMAE ACES FNA 2014 M13 ASQ2 | | 214 |
|
| | | FREDDIE MAC FHR 4283 EW | | 1,193 |
|
| | | FREDDIE MAC FHR 4310 FA | | 1,324 |
|
| | | FNMA POOL AL0376 FN 08/38 FLOATING VAR | | 203 |
|
| | | FNMA POOL AL1845 FN 06/39 FLOATING VAR | | 143 |
|
| | | FNMA POOL AL3997 FN 09/41 FLOATING VAR | | 286 |
|
| | | FNMA POOL AL6209 FN 07/21 FIXED VAR | | 119 |
|
| | | FNMA POOL AL6240 FN 12/44 FLOATING VAR | | 1,966 |
|
| | | FNMA POOL AL5957 FN 05/27 FIXED VAR | | 632 |
|
| | | FNMA POOL AL7147 FN 02/45 FIXED VAR | | 287 |
|
| | | FNMA POOL AL6377 FN 01/45 FLOATING VAR | | 698 |
|
| | | FNMA POOL AL6872 FN 05/45 FLOATING VAR | | 890 |
|
| | | FNMA POOL AL7205 FN 12/29 FIXED VAR | | 324 |
|
| | | FNMA POOL AW4688 FN 05/44 FLOATING VAR | | 330 |
|
| | | FANNIE MAE FNR 2005 87 FB | | 571 |
|
| | | FREDDIE MAC FHR 2957 VZ | | 651 |
|
| | | FANNIE MAE FNR 2009 66 ET | | 144 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| Dodge & Cox | | FREDDIE MAC REFERENCE REMIC FHRR R008 ZA | | $ | 198 |
|
| | | FANNIE MAE FNR 2007 50 DZ | | 309 |
|
| | | FNMA POOL 704235 FN 05/33 FIXED 5.5 | | 99 |
|
| | | FNMA POOL 725228 FN 03/34 FIXED VAR | | 2 |
|
| | | FNMA POOL 725229 FN 03/34 FIXED VAR | | 154 |
|
| | | FNMA POOL 735503 FN 04/35 FIXED VAR | | 4 |
|
| | | FNMA POOL 888368 FN 03/37 FIXED VAR | | 720 |
|
| | | FNMA POOL 888560 FN 11/35 FIXED VAR | | 150 |
|
| | | FNMA POOL 889072 FN 12/37 FIXED VAR | | 559 |
|
| | | MACYS RETAIL HLDGS INC COMPANY GUAR 04/29 6.9 | | 85 |
|
| | | FNMA POOL 889984 FN 10/38 FIXED VAR | | 505 |
|
| | | FNMA POOL 965097 FN 09/38 FLOATING VAR | | 283 |
|
| | | FNMA POOL 976853 FN 11/29 FIXED 5.5 | | 288 |
|
| | | FNMA POOL 995006 FN 10/38 FLOATING VAR | | 106 |
|
| | | FNMA POOL 995051 FN 03/37 FIXED VAR | | 127 |
|
| | | FNMA POOL AB1763 FN 11/30 FIXED 4 | | 98 |
|
| | | FNMA POOL AB3301 FN 07/26 FIXED 4 | | 111 |
|
| | | FNMA POOL MA0792 FN 07/31 FIXED 4.5 | | 839 |
|
| | | FNMA POOL AD0198 FN 09/38 FIXED VAR | | 132 |
|
| | | FNMA POOL AD0244 FN 10/24 FIXED VAR | | 806 |
|
| | | FORD CREDIT AUTO OWNER TRUST FORDO 2015 A A3 | | 499 |
|
| | | FORD MOTOR CREDIT CO LLC SR UNSECURED 08/21 5.875 | | 1,199 |
|
| | | GENERAL ELECTRIC CO SR UNSECURED 01/20 5.5 | | 617 |
|
| | | GENERAL ELECTRIC CO SR UNSECURED 01/21 4.625 | | 137 |
|
| | | HSBC HOLDINGS PLC SUBORDINATED 09/37 6.5 | | 990 |
|
| | | HSBC HOLDINGS PLC SR UNSECURED 04/21 5.1 | | 195 |
|
| | | HEALTH NET INC SR UNSECURED 06/17 6.375 | | 286 |
|
| | | ILLINOIS ST ILS 06/33 FIXED 5.1 | | 236 |
|
| | | ILLINOIS ST ILS 03/16 FIXED 4.961 | | 277 |
|
| | | ILLINOIS ST ILS 03/17 FIXED 5.365 | | 700 |
|
| | | ILLINOIS ST ILS 03/18 FIXED 5.665 | | 371 |
|
| | | JPMORGAN CHASE + CO SUBORDINATED 05/23 3.375 | | 491 |
|
| | | KINDER MORGAN ENER PART COMPANY GUAR 03/43 5 | | 185 |
|
| | | KINDER MORGAN ENER PART COMPANY GUAR 02/24 4.15 | | 604 |
|
| | | KINDER MORGAN ENER PART COMPANY GUAR 03/44 5.5 | | 449 |
|
| | | KINDER MORGAN ENER PART COMPANY GUAR 09/44 5.4 | | 246 |
|
| | | KINDER MORGAN INC/DELAWA COMPANY GUAR 06/25 4.3 | | 151 |
|
| | | LAFARGE SA SR UNSECURED 07/16 6.5 | | 743 |
|
| | | LLOYDS BANKING GROUP PLC SUBORDINATED 11/24 4.5 | | 482 |
|
| | | MACYS RETAIL HLDGS INC COMPANY GUAR 12/34 4.5 | | 84 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| Dodge & Cox | | MACYS RETAIL HLDGS INC COMPANY GUAR 07/24 6.65 | | $ | 1,196 |
|
| | | NEW JERSEY ST TURNPIKE AUTH NJSTRN 01/41 FIXED 7.102 | | 447 |
|
| | | NOKIA OYJ SR UNSECURED 05/19 5.375 | | 345 |
|
| | | NORDSTROM INC SR UNSECURED 01/18 6.25 | | 271 |
|
| | | PETROLEOS MEXICANOS COMPANY GUAR 06/35 6.625 | | 782 |
|
| | | PETROBRAS GLOBAL FINANCE COMPANY GUAR 01/21 5.375 | | 279 |
|
| | | PETROBRAS GLOBAL FINANCE COMPANY GUAR 05/23 4.375 | | 66 |
|
| | | PETROBRAS GLOBAL FINANCE COMPANY GUAR 03/24 6.25 | | 535 |
|
| | | PETROLEOS MEXICANOS COMPANY GUAR 01/24 4.875 | | 420 |
|
| | | PETROLEOS MEXICANOS COMPANY GUAR 01/45 6.375 | | 106 |
|
| | | RELX CAPITAL INC COMPANY GUAR 01/19 8.625 | | 700 |
|
| | | ROYAL BK SCOTLND GRP PLC SUBORDINATED 12/23 6 | | 565 |
|
| | | ROYAL BK SCOTLND GRP PLC SUBORDINATED 12/22 6.125 | | 653 |
|
| | | NAVIENT CORP SR UNSECURED 06/18 8.45 | | 400 |
|
| | | NAVIENT CORP SR UNSECURED 01/16 6.25 | | 125 |
|
| | | NAVIENT CORP SR UNSECURED 01/17 6 | | 359 |
|
| | | NAVIENT CORP SR UNSECURED 09/17 4.625 | | 49 |
|
| | | SPRINT COMMUNICATIONS SR UNSECURED 12/16 6 | | 674 |
|
| | | STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND | | 718 |
|
| | | TELECOM ITALIA CAPITAL COMPANY GUAR 06/19 7.175 | | 700 |
|
| | | TECK RESOURCES LIMITED COMPANY GUAR 02/43 5.4 | | 147 |
|
| | | TELECOM ITALIA CAPITAL COMPANY GUAR 07/36 7.2 | | 227 |
|
| | | TELECOM ITALIA CAPITAL COMPANY GUAR 06/18 6.999 | | 324 |
|
| | | TELECOM ITALIA CAPITAL COMPANY GUAR 06/38 7.721 | | 209 |
|
| | | TIME WARNER CABLE INC COMPANY GUAR 05/37 6.55 | | 253 |
|
| | | TIME WARNER CABLE INC COMPANY GUAR 04/19 8.25 | | 1,349 |
|
| | | TIME WARNER CABLE INC COMPANY GUAR 06/39 6.75 | | 226 |
|
| | | TRANSCANADA TRUST COMPANY GUAR 05/75 VAR | | 439 |
|
| | | 21ST CENTURY FOX AMERICA COMPANY GUAR 03/37 6.15 | | 167 |
|
| | | 21ST CENTURY FOX AMERICA COMPANY GUAR 11/37 6.65 | | 261 |
|
| | | UNION PACIFIC RR CO 07 3 PASS THRU CE 01/31 6.176 | | 553 |
|
| | | US TREASURY N/B 03/19 1.625 | | 2,264 |
|
| | | US TREASURY N/B 10/17 0.875 | | 2,846 |
|
| | | US TREASURY N/B 11/24 2.25 | | 85 |
|
| | | US TREASURY N/B 09/20 1.375 | | 983 |
|
| | | US TREASURY N/B 10/18 0.875 | | 989 |
|
| | | US TREASURY N/B 11/20 1.625 | | 3,181 |
|
| | | US TREASURY N/B 05/19 1.5 | | 325 |
|
| | | US TREASURY N/B 07/19 1.625 | | 1,430 |
|
| | | US TREASURY N/B 06/20 1.625 | | 1,872 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| Dodge & Cox | | VERIZON COMMUNICATIONS SR UNSECURED 09/23 5.15 | | $ | 797 |
|
| | | VERIZON COMMUNICATIONS SR UNSECURED 09/43 6.55 | | 89 |
|
| | | VERIZON COMMUNICATIONS SR UNSECURED 03/24 4.15 | | 642 |
|
| | | VULCAN MATERIALS CO SR UNSECURED 06/21 7.5 | | 460 |
|
| | | ANTHEM INC SR UNSECURED 02/19 7 | | 700 |
|
| | | WELLS FARGO + COMPANY SR UNSECURED 04/21 4.6 | | 327 |
|
| | | WELLS FARGO + COMPANY SUBORDINATED 07/27 4.3 | | 485 |
|
| | | XEROX CORPORATION SR UNSECURED 02/17 6.75 | | 996 |
|
| | | ZOETIS INC SR UNSECURED 11/20 3.45 | | 149 |
|
| | | ZOETIS INC SR UNSECURED 11/25 4.5 | | 303 |
|
| | | Total Dodge & Cox | | 94,683 |
|
| Institutional Capital Corporation | | ALLY FINANCIAL INC COMMON STOCK USD.1 | | 4,782 |
|
| | | AMERICAN EXPRESS CO COMMON STOCK USD.2 | | 4,754 |
|
| | | AMERICAN TOWER CORP REIT USD.01 | | 4,401 |
|
| | | AMERIPRISE FINANCIAL INC COMMON STOCK USD.01 | | 4,565 |
|
| | | APPLE INC COMMON STOCK USD.00001 | | 5,457 |
|
| | | BOEING CO/THE COMMON STOCK USD5. | | 4,457 |
|
| | | CHEVRON CORP COMMON STOCK USD.75 | | 6,524 |
|
| | | CITIGROUP INC COMMON STOCK USD.01 | | 4,048 |
|
| | | COMCAST CORP CLASS A COMMON STOCK USD.01 | | 5,325 |
|
| | | DELTA AIR LINES INC COMMON STOCK USD.0001 | | 3,161 |
|
| | | EXPRESS SCRIPTS HOLDING CO COMMON STOCK USD.01 | | 2,821 |
|
| | | GENERAL ELECTRIC CO W/D COMMON STOCK USD.06 | | 4,933 |
|
| | | GRUPO TELEVISA SA SPON ADR ADR | | 2,421 |
|
| | | HONEYWELL INTERNATIONAL INC COMMON STOCK USD1. | | 4,753 |
|
| | | INTERCONTINENTAL EXCHANGE IN COMMON STOCK USD.01 | | 5,036 |
|
| | | JOHNSON CONTROLS INC COMMON STOCK USD.01388 | | 4,571 |
|
| | | LAS VEGAS SANDS CORP COMMON STOCK USD.001 | | 3,682 |
|
| | | LIBERTY MEDIA CORP C COMMON STOCK USD.01 | | 1,978 |
|
| | | MCKESSON CORP COMMON STOCK USD.01 | | 5,382 |
|
| | | MONSANTO CO COMMON STOCK USD.01 | | 5,349 |
|
| | | MOSAIC CO/THE COMMON STOCK USD.01 | | 2,257 |
|
| | | NORTHERN TRUST CORP COMMON STOCK USD1.667 | | 4,572 |
|
| | | NOVARTIS AG SPONSORED ADR ADR | | 5,061 |
|
| | | OCCIDENTAL PETROLEUM CORP COMMON STOCK USD.2 | | 3,593 |
|
| | | OMNICOM GROUP COMMON STOCK USD.15 | | 4,975 |
|
| | | ORACLE CORP COMMON STOCK USD.01 | | 6,275 |
|
| | | STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND | | 2,765 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| Institutional Capital Corporation | | TEVA PHARMACEUTICAL SP ADR ADR | | $ | 2,961 |
|
| | | VODAFONE GROUP PLC SP ADR ADR | | 1,565 |
|
| | | WHIRLPOOL CORP COMMON STOCK USD1. | | 4,753 |
|
| | | ALLERGAN PLC COMMON STOCK USD.0033 | | 5,945 |
|
| | | MALLINCKRODT PLC COMMON STOCK USD.2 | | 2,892 |
|
| | | MEDTRONIC PLC COMMON STOCK USD.1 | | 4,235 |
|
| | | PENTAIR PLC COMMON STOCK USD.01 | | 3,412 |
|
| | | Total Institutional Capital Corporation | | 143,661 |
|
| Westwood Group | | AMC NETWORKS INC A COMMON STOCK | | 1,105 |
|
| | | ALBEMARLE CORP COMMON STOCK USD.01 | | 680 |
|
| | | ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 | | 1,111 |
|
| | | APOGEE ENTERPRISES INC COMMON STOCK USD.333 | | 831 |
|
| | | ARRIS GROUP INC COMMON STOCK USD.01 | | 593 |
|
| | | BANKUNITED INC COMMON STOCK USD.01 | | 1,201 |
|
| | | B/E AEROSPACE INC COMMON STOCK USD.01 | | 547 |
|
| | | BOISE CASCADE CO COMMON STOCK USD.01 | | 730 |
|
| | | BOOZ ALLEN HAMILTON HOLDINGS COMMON STOCK USD.01 | | 1,203 |
|
| | | BROCADE COMMUNICATIONS SYS COMMON STOCK USD.001 | | 871 |
|
| | | CIT GROUP INC COMMON STOCK USD.01 | | 1,088 |
|
| | | CABLE ONE INC COMMON STOCK USD.01 | | 542 |
|
| | | CARDTRONICS INC COMMON STOCK USD.0001 | | 1,454 |
|
| | | CLUBCORP HOLDINGS INC COMMON STOCK USD.01 | | 963 |
|
| | | CONMED CORP COMMON STOCK USD.01 | | 507 |
|
| | | CONTINENTAL BUILDING PRODUCT COMMON STOCK USD.001 | | 527 |
|
| | | COOPER COS INC/THE COMMON STOCK USD.1 | | 1,114 |
|
| | | DARLING INGREDIENTS INC COMMON STOCK USD.01 | | 404 |
|
| | | DEAN FOODS CO COMMON STOCK USD.01 | | 539 |
|
| | | DICK S SPORTING GOODS INC COMMON STOCK USD.01 | | 1,078 |
|
| | | DILLARDS INC CL A COMMON STOCK | | 401 |
|
| | | EAST WEST BANCORP INC COMMON STOCK USD.001 | | 619 |
|
| | | EDGEWELL PERSONAL CARE CO COMMON STOCK USD.01 | | 556 |
|
| | | ENERGIZER HOLDINGS INC COMMON STOCK | | 1,121 |
|
| | | EQUIFAX INC COMMON STOCK USD1.25 | | 1,036 |
|
| | | FLIR SYSTEMS INC COMMON STOCK USD.01 | | 1,154 |
|
| | | FIRST FINANCIAL BANCORP COMMON STOCK | | 566 |
|
| | | HAEMONETICS CORP/MASS COMMON STOCK USD.01 | | 1,151 |
|
| | | HALYARD HEALTH INC COMMON STOCK USD.01 | | 1,036 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| Westwood Group | | HOME BANCSHARES INC COMMON STOCK USD.01 | | $ | 555 |
|
| | | IAC/INTERACTIVECORP COMMON STOCK USD.001 | | 1,003 |
|
| | | INTEGRA LIFESCIENCES HOLDING COMMON STOCK USD.01 | | 888 |
|
| | | JARDEN CORP COMMON STOCK USD.01 | | 994 |
|
| | | J2 GLOBAL INC COMMON STOCK USD.01 | | 1,943 |
|
| | | KAPSTONE PAPER AND PACKAGING COMMON STOCK USD.0001 | | 1,367 |
|
| | | LANDSTAR SYSTEM INC COMMON STOCK USD.01 | | 457 |
|
| | | MATTEL INC COMMON STOCK USD1. | | 717 |
|
| | | MEMORIAL RESOURCE DEVELOPMEN COMMON STOCK USD.01 | | 596 |
|
| | | HERMAN MILLER INC COMMON STOCK USD.2 | | 1,089 |
|
| | | ON SEMICONDUCTOR CORP COMMON STOCK USD.01 | | 876 |
|
| | | OPUS BANK COMMON STOCK | | 562 |
|
| | | PDC ENERGY INC COMMON STOCK USD.01 | | 641 |
|
| | | PATTERSON COS INC COMMON STOCK USD.01 | | 1,144 |
|
| | | PERKINELMER INC COMMON STOCK USD1. | | 648 |
|
| | | PITNEY BOWES INC COMMON STOCK USD1. | | 1,703 |
|
| | | POLYONE CORPORATION COMMON STOCK USD.01 | | 1,137 |
|
| | | POTLATCH CORP REIT USD1. | | 792 |
|
| | | PREMIER INC CLASS A COMMON STOCK USD.01 | | 995 |
|
| | | PRIVATEBANCORP INC COMMON STOCK | | 1,301 |
|
| | | RSP PERMIAN INC COMMON STOCK USD.01 | | 722 |
|
| | | STAG INDUSTRIAL INC REIT USD.01 | | 539 |
|
| | | STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND | | 321 |
|
| | | TELEFLEX INC COMMON STOCK USD1. | | 1,617 |
|
| | | TIME INC COMMON STOCK USD.01 | | 1,092 |
|
| | | TREX COMPANY INC COMMON STOCK USD.01 | | 544 |
|
| | | TRUEBLUE INC COMMON STOCK | | 801 |
|
| | | WATTS WATER TECHNOLOGIES A COMMON STOCK USD.1 | | 64 |
|
| | | WINTRUST FINANCIAL CORP COMMON STOCK | | 1,276 |
|
| | | WOODWARD INC COMMON STOCK USD.00292 | | 1,242 |
|
| | | ZIONS BANCORPORATION COMMON STOCK | | 549 |
|
| | | AMDOCS LTD COMMON STOCK GBP.0001 | | 1,418 |
|
| | | HELEN OF TROY LTD COMMON STOCK USD.1 | | 791 |
|
| | | AVG TECHNOLOGIES COMMON STOCK EUR.01 | | 1,413 |
|
| | | Total Westwood Group | | 56,525 |
|
| Jackson Square Partners | | ABIOMED INC COMMON STOCK USD.01 | | 2,636 |
|
| | | AFFILIATED MANAGERS GROUP COMMON STOCK USD.01 | | 1,664 |
|
| | | ARISTA NETWORKS INC COMMON STOCK USD.0001 | | 1,166 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| Jackson Square Partners | | ATHENAHEALTH INC COMMON STOCK USD.01 | | $ | 1,557 |
|
| | | BIO TECHNE CORP COMMON STOCK USD.01 | | 3,112 |
|
| | | BLACKBAUD INC COMMON STOCK USD.001 | | 3,777 |
|
| | | DINEEQUITY INC COMMON STOCK USD.01 | | 2,948 |
|
| | | DUNKIN BRANDS GROUP INC COMMON STOCK USD.001 | | 2,414 |
|
| | | ELLIE MAE INC COMMON STOCK USD.0001 | | 819 |
|
| | | EQUITY COMMONWEALTH REIT USD.01 | | 3,462 |
|
| | | EXPEDITORS INTL WASH INC COMMON STOCK USD.01 | | 2,365 |
|
| | | GRACO INC COMMON STOCK USD1. | | 3,249 |
|
| | | HEARTLAND PAYMENT SYSTEMS IN COMMON STOCK USD.001 | | 2,556 |
|
| | | J2 GLOBAL INC COMMON STOCK USD.01 | | 3,473 |
|
| | | LENDINGCLUB CORP COMMON STOCK USD.01 | | 1,236 |
|
| | | LIBERTY TRIPADVISOR HDG A COMMON STOCK USD.01 | | 1,028 |
|
| | | MSCI INC COMMON STOCK USD.01 | | 3,044 |
|
| | | NIC INC COMMON STOCK | | 1,670 |
|
| | | OUTFRONT MEDIA INC REIT USD.01 | | 2,190 |
|
| | | PANDORA MEDIA INC COMMON STOCK USD.0001 | | 1,216 |
|
| | | QUOTIENT TECHNOLOGY INC COMMON STOCK USD.00001 | | 495 |
|
| | | SALLY BEAUTY HOLDINGS INC COMMON STOCK USD.01 | | 3,662 |
|
| | | SHUTTERSTOCK INC COMMON STOCK USD.01 | | 1,166 |
|
| | | STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND | | 2,418 |
|
| | | VERIFONE SYSTEMS INC COMMON STOCK USD.01 | | 2,650 |
|
| | | WISDOMTREE INVESTMENTS INC COMMON STOCK USD.01 | | 521 |
|
| | | YELP INC COMMON STOCK USD.000001 | | 496 |
|
| | | ZEBRA TECHNOLOGIES CORP CL A COMMON STOCK USD.01 | | 3,281 |
|
| | | LOGITECH INTERNATIONAL REG COMMON STOCK CHF.25 | | 2,160 |
|
| | | SWISS FRANC | | 62 |
|
| | | CORE LABORATORIES N.V. COMMON STOCK EUR.02 | | 2,130 |
|
| | | Total Jackson Square Partners Investments | | 64,623 |
|
| Next Century | | ABIOMED INC COMMON STOCK USD.01 | | 1,405 |
|
| | | ACADIA HEALTHCARE CO INC COMMON STOCK USD.01 | | 1,674 |
|
| | | ADEPTUS HEALTH INC CLASS A COMMON STOCK USD.01 | | 597 |
|
| | | AKORN INC COMMON STOCK | | 1,621 |
|
| | | ALIGN TECHNOLOGY INC COMMON STOCK USD.0001 | | 570 |
|
| | | ANACOR PHARMACEUTICALS INC COMMON STOCK USD.001 | | 1,819 |
|
| | | APOGEE ENTERPRISES INC COMMON STOCK USD.333 | | 505 |
|
| | | BLACKHAWK NETWORK HOLDINGS I COMMON STOCK USD.001 | | 682 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| Next Century | | BUFFALO WILD WINGS INC COMMON STOCK | | $ | 543 |
|
| | | CENTENE CORP COMMON STOCK USD.001 | | 1,662 |
|
| | | CHUY S HOLDINGS INC COMMON STOCK USD.01 | | 604 |
|
| | | COMSCORE INC COMMON STOCK USD.001 | | 1,045 |
|
| | | COSTAR GROUP INC COMMON STOCK USD.01 | | 1,539 |
|
| | | DR HORTON INC COMMON STOCK USD.01 | | 842 |
|
| | | DEPOMED INC COMMON STOCK | | 549 |
|
| | | DEXCOM INC COMMON STOCK USD.001 | | 278 |
|
| | | DIAMONDBACK ENERGY INC COMMON STOCK USD.01 | | 471 |
|
| | | DIPLOMAT PHARMACY INC COMMON STOCK | | 891 |
|
| | | ELLIE MAE INC COMMON STOCK USD.0001 | | 1,445 |
|
| | | FIESTA RESTAURANT GROUP COMMON STOCK USD.01 | | 503 |
|
| | | FITBIT INC A COMMON STOCK USD.0001 | | 639 |
|
| | | G III APPAREL GROUP LTD COMMON STOCK USD.01 | | 1,274 |
|
| | | GUIDEWIRE SOFTWARE INC COMMON STOCK USD.0001 | | 1,406 |
|
| | | HEALTHEQUITY INC COMMON STOCK USD.0001 | | 875 |
|
| | | HUNT (JB) TRANSPRT SVCS INC COMMON STOCK USD.01 | | 1,005 |
|
| | | IPG PHOTONICS CORP COMMON STOCK USD.0001 | | 348 |
|
| | | IMPERVA INC COMMON STOCK USD.0001 | | 642 |
|
| | | INTEGRATED DEVICE TECH INC COMMON STOCK USD.001 | | 1,174 |
|
| | | KANSAS CITY SOUTHERN COMMON STOCK USD.01 | | 503 |
|
| | | KATE SPADE + CO COMMON STOCK USD1.0 | | 765 |
|
| | | KNIGHT TRANSPORTATION INC COMMON STOCK USD.01 | | 1,603 |
|
| | | LOGMEIN INC COMMON STOCK USD.01 | | 979 |
|
| | | M/A COM TECHNOLOGY SOLUTIONS COMMON STOCK USD.001 | | 842 |
|
| | | MANHATTAN ASSOCIATES INC COMMON STOCK USD.01 | | 624 |
|
| | | MARCUS + MILLICHAP INC COMMON STOCK USD.0001 | | 893 |
|
| | | MARKETAXESS HOLDINGS INC COMMON STOCK USD.003 | | 1,822 |
|
| | | MAXIMUS INC COMMON STOCK | | 293 |
|
| | | MOLINA HEALTHCARE INC COMMON STOCK USD.001 | | 767 |
|
| | | ON ASSIGNMENT INC COMMON STOCK USD.01 | | 556 |
|
| | | PRA GROUP INC COMMON STOCK USD.01 | | 801 |
|
| | | PACIRA PHARMACEUTICALS INC COMMON STOCK USD.001 | | 1,034 |
|
| | | PALO ALTO NETWORKS INC COMMON STOCK USD.0001 | | 1,287 |
|
| | | PAYCOM SOFTWARE INC COMMON STOCK USD.01 | | 836 |
|
| | | PROOFPOINT INC COMMON STOCK USD.0001 | | 889 |
|
| | | PROTO LABS INC COMMON STOCK USD.001 | | 311 |
|
| | | Q2 HOLDINGS INC COMMON STOCK USD.0001 | | 643 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| Next Century | | SHOPIFY INC CLASS A COMMON STOCK | | $ | 570 |
|
| | | SKECHERS USA INC CL A COMMON STOCK USD.001 | | 370 |
|
| | | STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND | | 415 |
|
| | | TEAM HEALTH HOLDINGS INC COMMON STOCK USD.01 | | 471 |
|
| | | TOLL BROTHERS INC COMMON STOCK USD.01 | | 539 |
|
| | | ULTA SALON COSMETICS + FRAGR COMMON STOCK USD.01 | | 1,292 |
|
| | | ULTIMATE SOFTWARE GROUP INC COMMON STOCK USD.01 | | 1,521 |
|
| | | VEEVA SYSTEMS INC CLASS A COMMON STOCK USD.00001 | | 733 |
|
| | | VIRTUSA CORP COMMON STOCK USD.01 | | 1,126 |
|
| | | WABCO HOLDINGS INC COMMON STOCK USD.01 | | 520 |
|
| | | ZOE S KITCHEN INC COMMON STOCK USD.01 | | 1,322 |
|
| | | ESSENT GROUP LTD COMMON STOCK USD.015 | | 1,247 |
|
| | | FLEETMATICS GROUP PLC COMMON STOCK EUR.015 | | 1,227 |
|
| | | HORIZON PHARMA PLC COMMON STOCK USD.0001 | | 858 |
|
| | | Total Next Century | | 54,267 |
|
| AJO Partners | | AARON S INC COMMON STOCK USD.5 | | 286 |
|
| | | ABERCROMBIE + FITCH CO CL A COMMON STOCK USD.01 | | 52 |
|
| | | AEGERION PHARMACEUTICALS INC COMMON STOCK USD.001 | | 74 |
|
| | | AEGION CORP COMMON STOCK USD.01 | | 701 |
|
| | | ALASKA AIR GROUP INC COMMON STOCK USD.01 | | 696 |
|
| | | AMERICAN AXLE + MFG HOLDINGS COMMON STOCK USD.01 | | 198 |
|
| | | ARGAN INC COMMON STOCK USD.15 | | 348 |
|
| | | ARMADA HOFFLER PROPERTIES IN REIT USD.01 | | 248 |
|
| | | ASHFORD HOSPITALITY PRIME IN REIT USD.01 | | 143 |
|
| | | ASHFORD HOSPITALITY TRUST REIT USD.01 | | 694 |
|
| | | ASPEN TECHNOLOGY INC COMMON STOCK USD.1 | | 640 |
|
| | | ASSURANT INC COMMON STOCK USD.01 | | 606 |
|
| | | ATLAS AIR WORLDWIDE HOLDINGS COMMON STOCK USD.01 | | 157 |
|
| | | ATWOOD OCEANICS INC COMMON STOCK USD1. | | 444 |
|
| | | AVERY DENNISON CORP COMMON STOCK USD1. | | 66 |
|
| | | AVON PRODUCTS INC COMMON STOCK USD.25 | | 111 |
|
| | | BANC OF CALIFORNIA INC COMMON STOCK USD.01 | | 381 |
|
| | | BERKSHIRE HILLS BANCORP INC COMMON STOCK USD.01 | | 358 |
|
| | | BIG LOTS INC COMMON STOCK USD.01 | | 137 |
|
| | | BLACK BOX CORP COMMON STOCK USD.001 | | 45 |
|
| | | BRAVO BRIO RESTAURANT GROUP COMMON STOCK | | 109 |
|
| | | BRINK S CO/THE COMMON STOCK USD1. | | 137 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| AJO Partners | | BRISTOW GROUP INC COMMON STOCK USD.01 | | $ | 121 |
|
| | | CAI INTERNATIONAL INC COMMON STOCK USD.0001 | | 62 |
|
| | | CBL + ASSOCIATES PROPERTIES REIT USD.01 | | 604 |
|
| | | CMS ENERGY CORP COMMON STOCK USD.01 | | 287 |
|
| | | CARDINAL FINANCIAL CORP COMMON STOCK USD1. | | 160 |
|
| | | CASH AMERICA INTL INC COMMON STOCK USD.1 | | 702 |
|
| | | CENTRAL GARDEN AND PET CO A COMMON STOCK USD.01 | | 56 |
|
| | | CHILDREN S PLACE INC/THE COMMON STOCK USD.1 | | 88 |
|
| | | COLLIERS INTERNATIONAL GROUP COMMON STOCK NPV | | 472 |
|
| | | COMFORT SYSTEMS USA INC COMMON STOCK USD.01 | | 173 |
|
| | | COOPER TIRE + RUBBER COMMON STOCK USD1. | | 686 |
|
| | | CORESITE REALTY CORP REIT USD.01 | | 493 |
|
| | | CUSTOMERS BANCORP INC COMMON STOCK USD1.0 | | 196 |
|
| | | DHI GROUP INC COMMON STOCK USD.01 | | 41 |
|
| | | DANA HOLDING CORP COMMON STOCK USD.01 | | 61 |
|
| | | DEAN FOODS CO COMMON STOCK USD.01 | | 708 |
|
| | | DECKERS OUTDOOR CORP COMMON STOCK USD.01 | | 170 |
|
| | | DOMINION DIAMOND CORP COMMON STOCK | | 124 |
|
| | | DOMTAR CORP COMMON STOCK USD.01 | | 634 |
|
| | | EARTHLINK HOLDINGS CORP COMMON STOCK USD.01 | | 124 |
|
| | | EL PASO ELECTRIC CO COMMON STOCK | | 208 |
|
| | | EMCOR GROUP INC COMMON STOCK USD.01 | | 762 |
|
| | | EMERGENT BIOSOLUTIONS INC COMMON STOCK USD.001 | | 650 |
|
| | | ENCORE CAPITAL GROUP INC COMMON STOCK USD.01 | | 133 |
|
| | | ENNIS INC COMMON STOCK USD2.5 | | 287 |
|
| | | ENTERPRISE FINANCIAL SERVICE COMMON STOCK USD.01 | | 95 |
|
| | | EXPRESS INC COMMON STOCK | | 630 |
|
| | | EXTREME NETWORKS INC COMMON STOCK USD.001 | | 251 |
|
| | | FAIRPOINT COMMUNICATIONS INC COMMON STOCK USD.01 | | 276 |
|
| | | FEDERAL AGRIC MTG CORP CL C COMMON STOCK USD1. | | 115 |
|
| | | FEDERATED NATIONAL HOLDING C COMMON STOCK USD.01 | | 126 |
|
| | | FIDELITY SOUTHERN CORP COMMON STOCK | | 202 |
|
| | | FLAGSTAR BANCORP INC COMMON STOCK USD.01 | | 708 |
|
| | | GENERAL CABLE CORP COMMON STOCK USD.01 | | 497 |
|
| | | GENWORTH FINANCIAL INC CL A COMMON STOCK USD.001 | | 250 |
|
| | | GOODYEAR TIRE + RUBBER CO COMMON STOCK | | 269 |
|
| | | GREAT PLAINS ENERGY INC COMMON STOCK | | 265 |
|
| | | HCI GROUP INC COMMON STOCK | | 590 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| AJO Partners | | HAWAIIAN HOLDINGS INC COMMON STOCK USD.01 | | $ | 283 |
|
| | | HERSHA HOSPITALITY TRUST REIT USD.01 | | 676 |
|
| | | HIGHWOODS PROPERTIES INC REIT USD.01 | | 499 |
|
| | | HILL ROM HOLDINGS INC COMMON STOCK | | 482 |
|
| | | HOSPITALITY PROPERTIES TRUST REIT USD.01 | | 786 |
|
| | | HUNTINGTON BANCSHARES INC COMMON STOCK USD.01 | | 916 |
|
| | | HUNTINGTON INGALLS INDUSTRIE COMMON STOCK USD.01 | | 696 |
|
| | | IAC/INTERACTIVECORP COMMON STOCK USD.001 | | 221 |
|
| | | INGREDION INC COMMON STOCK USD.01 | | 41 |
|
| | | INSIGHT ENTERPRISES INC COMMON STOCK USD.01 | | 148 |
|
| | | INSPERITY INC WD COMMON STOCK USD.01 | | 279 |
|
| | | INTELIQUENT INC COMMON STOCK USD.001 | | 70 |
|
| | | JABIL CIRCUIT INC COMMON STOCK USD.001 | | 251 |
|
| | | JETBLUE AIRWAYS CORP COMMON STOCK USD.01 | | 375 |
|
| | | JONES LANG LASALLE INC COMMON STOCK USD.01 | | 745 |
|
| | | KAISER ALUMINUM CORP COMMON STOCK USD.01 | | 725 |
|
| | | KRATON PERFORMANCE POLYMERS COMMON STOCK USD.01 | | 547 |
|
| | | LA Z BOY INC COMMON STOCK USD1. | | 108 |
|
| | | LEAR CORP COMMON STOCK USD.01 | | 515 |
|
| | | LIGAND PHARMACEUTICALS COMMON STOCK USD.001 | | 147 |
|
| | | MGIC INVESTMENT CORP COMMON STOCK USD1. | | 559 |
|
| | | MSG NETWORKS INC A COMMON STOCK USD.01 | | 127 |
|
| | | MYR GROUP INC/DELAWARE COMMON STOCK USD.01 | | 155 |
|
| | | MACK CALI REALTY CORP REIT USD.01 | | 762 |
|
| | | MASIMO CORP COMMON STOCK USD.001 | | 155 |
|
| | | MERCER INTERNATIONAL INC COMMON STOCK USD1. | | 279 |
|
| | | MERITOR INC COMMON STOCK USD1. | | 265 |
|
| | | MODINE MANUFACTURING CO COMMON STOCK USD.625 | | 74 |
|
| | | MOVADO GROUP INC COMMON STOCK USD.01 | | 150 |
|
| | | NRG ENERGY INC COMMON STOCK USD.01 | | 251 |
|
| | | NVR INC COMMON STOCK USD.01 | | 164 |
|
| | | NATIONAL FUEL GAS CO COMMON STOCK USD1. | | 140 |
|
| | | NET 1 UEPS TECHNOLOGIES INC COMMON STOCK USD.001 | | 393 |
|
| | | NEUSTAR INC CLASS A COMMON STOCK USD.001 | | 473 |
|
| | | NEVSUN RESOURCES LTD COMMON STOCK | | 245 |
|
| | | NORTHRIM BANCORP INC COMMON STOCK USD1. | | 14 |
|
| | | OIL STATES INTERNATIONAL INC COMMON STOCK USD.01 | | 191 |
|
| | | OLD REPUBLIC INTL CORP COMMON STOCK USD1. | | 834 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| AJO Partners | | OMEGA PROTEIN CORP COMMON STOCK USD.01 | | $ | 400 |
|
| | | OWENS + MINOR INC COMMON STOCK USD2. | | 366 |
|
| | | PNM RESOURCES INC COMMON STOCK | | 367 |
|
| | | PENN NATIONAL GAMING INC COMMON STOCK USD.01 | | 449 |
|
| | | PENNYMAC FINANCIAL SERVICE A COMMON STOCK USD.0001 | | 44 |
|
| | | PHARMERICA CORP COMMON STOCK USD.01 | | 67 |
|
| | | PINNACLE WEST CAPITAL COMMON STOCK | | 181 |
|
| | | PORTLAND GENERAL ELECTRIC CO COMMON STOCK | | 789 |
|
| | | PROGRESS SOFTWARE CORP COMMON STOCK USD.01 | | 152 |
|
| | | QUALITY SYSTEMS INC COMMON STOCK USD.01 | | 79 |
|
| | | RLJ LODGING TRUST REIT | | 327 |
|
| | | RE/MAX HOLDINGS INC CL A COMMON STOCK USD.0001 | | 145 |
|
| | | REGIONAL MANAGEMENT CORP COMMON STOCK USD.1 | | 61 |
|
| | | REINSURANCE GROUP OF AMERICA COMMON STOCK USD.01 | | 817 |
|
| | | RELIANCE STEEL + ALUMINUM COMMON STOCK | | 145 |
|
| | | REPLIGEN CORP COMMON STOCK USD.01 | | 38 |
|
| | | RETAILMENOT INC COMMON STOCK USD.001 | | 262 |
|
| | | REX AMERICAN RESOURCES CORP COMMON STOCK USD.01 | | 88 |
|
| | | RYMAN HOSPITALITY PROPERTIES REIT USD.01 | | 640 |
|
| | | SANDERSON FARMS INC COMMON STOCK USD1. | | 65 |
|
| | | SANMINA CORP COMMON STOCK USD.01 | | 265 |
|
| | | SCHWEITZER MAUDUIT INTL INC COMMON STOCK USD.1 | | 101 |
|
| | | SCICLONE PHARMACEUTICALS INC COMMON STOCK USD.001 | | 92 |
|
| | | SHUTTERFLY INC COMMON STOCK USD.0001 | | 119 |
|
| | | SKYWEST INC COMMON STOCK | | 47 |
|
| | | SOUTHWEST GAS CORP COMMON STOCK USD1. | | 467 |
|
| | | SPIRIT AEROSYSTEMS HOLD CL A COMMON STOCK USD.01 | | 478 |
|
| | | STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND | | 852 |
|
| | | SUMMIT HOTEL PROPERTIES INC REIT | | 706 |
|
| | | SUNSTONE HOTEL INVESTORS INC REIT USD.01 | | 311 |
|
| | | THL CREDIT INC COMMON STOCK USD.001 | | 391 |
|
| | | TAKE TWO INTERACTIVE SOFTWRE COMMON STOCK USD.01 | | 684 |
|
| | | TALEN ENERGY CORP COMMON STOCK USD.001 | | 392 |
|
| | | TOWER INTERNATIONAL INC COMMON STOCK USD.01 | | 463 |
|
| | | TRINITY INDUSTRIES INC COMMON STOCK USD.01 | | 151 |
|
| | | TRUEBLUE INC COMMON STOCK | | 172 |
|
| | | UGI CORP COMMON STOCK | | 871 |
|
| | | UNITED ONLINE INC WHEN ISSUE COMMON STOCK USD.0001 | | 116 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| AJO Partners | | UNITED THERAPEUTICS CORP COMMON STOCK USD.01 | | $ | 551 |
|
| | | VECTREN CORP COMMON STOCK | | 484 |
|
| | | WP GLIMCHER INC REIT USD.0001 | | 69 |
|
| | | WABASH NATIONAL CORP COMMON STOCK USD.01 | | 727 |
|
| | | WADDELL + REED FINANCIAL A COMMON STOCK USD.01 | | 130 |
|
| | | WALKER + DUNLOP INC COMMON STOCK | | 62 |
|
| | | WEB.COM GROUP INC COMMON STOCK USD.001 | | 456 |
|
| | | XENIA HOTELS + RESORTS INC REIT USD.01 | | 179 |
|
| | | ZAGG INC COMMON STOCK USD.001 | | 143 |
|
| | | ASPEN INSURANCE HOLDINGS LTD COMMON STOCK USD.001514456 | | 778 |
|
| | | ASSURED GUARANTY LTD COMMON STOCK USD.01 | | 780 |
|
| | | AXIS CAPITAL HOLDINGS LTD COMMON STOCK USD.0125 | | 200 |
|
| | | CHIPMOS TECHNOLOGIES BERMUDA COMMON STOCK USD.01 | | 347 |
|
| | | ENSCO PLC CL A COMMON STOCK USD.1 | | 533 |
|
| | | EVEREST RE GROUP LTD COMMON STOCK USD.01 | | 927 |
|
| | | NOBLE CORP PLC COMMON STOCK USD.01 | | 482 |
|
| | | ROWAN COMPANIES PLC A COMMON STOCK USD.125 | | 495 |
|
| | | TSAKOS ENERGY NAVIGATION LTD COMMON STOCK USD1. | | 351 |
|
| | | VALIDUS HOLDINGS LTD COMMON STOCK USD.175 | | 806 |
|
| | | ALLIED WORLD ASSURANCE CO COMMON STOCK USD12.98 | | 199 |
|
| | | ALTISOURCE PORTFOLIO SOL COMMON STOCK USD1. | | 228 |
|
| | | MAGICJACK VOCALTEC LTD COMMON STOCK ILS.65 | | 148 |
|
| | | ORBOTECH LTD COMMON STOCK USD.14 | | 445 |
|
| | | AVG TECHNOLOGIES COMMON STOCK EUR.01 | | 151 |
|
| | | ORTHOFIX INTERNATIONAL NV COMMON STOCK USD.1 | | 51 |
|
| | | BANCO LATINOAMERICANO COME E COMMON STOCK | | 293 |
|
| | | OCEAN RIG UDW INC COMMON STOCK USD.01 | | 99 |
|
| | | Total AJO Partners | | 54,922 |
|
| Loomis Sayles | | ALIBABA GROUP HOLDING SP ADR ADR USD.000025 | | 6,492 |
|
| | | ALPHABET INC CL C COMMON STOCK USD.001 | | 4,746 |
|
| | | ALPHABET INC CL A COMMON STOCK USD.001 | | 4,700 |
|
| | | AMAZON.COM INC COMMON STOCK USD.01 | | 11,220 |
|
| | | AMERICAN EXPRESS CO COMMON STOCK USD.2 | | 1,600 |
|
| | | AMGEN INC COMMON STOCK USD.0001 | | 3,629 |
|
| | | ANALOG DEVICES INC COMMON STOCK USD.167 | | 605 |
|
| | | ARM HOLDINGS PLC SPONS ADR ADR | | 3,192 |
|
| | | AUTODESK INC COMMON STOCK USD.01 | | 4,252 |
|
| | | AUTOMATIC DATA PROCESSING COMMON STOCK USD.1 | | 1,342 |
|
|
| |
Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 | Edison 401(k) Savings Plan |
|
| | | | | | | |
| | | EIN: 95-1240335 | |
| | | Plan Number: 002 | |
| | | | | |
(a) | (b) | | (c) | | (e) |
| Identity of Issuer, Borrower, Lessor, or Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | Current Value (in thousands) |
| Loomis Sayles | | CERNER CORP COMMON STOCK USD.01 | | $ | 2,468 |
|
| | | CISCO SYSTEMS INC COMMON STOCK USD.001 | | 7,393 |
|
| | | COCA COLA CO/THE COMMON STOCK USD.25 | | 5,576 |
|
| | | DANONE SPONS ADR ADR | | 5,731 |
|
| | | EXPEDITORS INTL WASH INC COMMON STOCK USD.01 | | 4,422 |
|
| | | FACEBOOK INC A COMMON STOCK USD.000006 | | 9,429 |
|
| | | FACTSET RESEARCH SYSTEMS INC COMMON STOCK USD.01 | | 3,084 |
|
| | | GREENHILL + CO INC COMMON STOCK USD.01 | | 522 |
|
| | | LOWE S COS INC COMMON STOCK USD.5 | | 2,349 |
|
| | | MERCK + CO. INC. COMMON STOCK USD.5 | | 2,026 |
|
| | | MICROSOFT CORP COMMON STOCK USD.00000625 | | 4,110 |
|
| | | MONSTER BEVERAGE CORP COMMON STOCK | | 7,327 |
|
| | | NOVARTIS AG SPONSORED ADR ADR | | 4,102 |
|
| | | NOVO NORDISK A/S SPONS ADR ADR | | 5,736 |
|
| | | ORACLE CORP COMMON STOCK USD.01 | | 6,321 |
|
| | | PROCTER + GAMBLE CO/THE COMMON STOCK | | 5,167 |
|
| | | QUALCOMM INC COMMON STOCK USD.0001 | | 5,363 |
|
| | | SEI INVESTMENTS COMPANY COMMON STOCK USD.01 | | 5,407 |
|
| | | SABMILLER PLC SPONS ADR ADR | | 3,917 |
|
| | | SCHLUMBERGER LTD COMMON STOCK USD.01 | | 3,667 |
|
| | | UNITED PARCEL SERVICE CL B COMMON STOCK USD.01 | | 4,000 |
|
| | | VARIAN MEDICAL SYSTEMS INC COMMON STOCK USD1. | | 3,376 |
|
| | | VISA INC CLASS A SHARES COMMON STOCK USD.0001 | | 8,210 |
|
| | | YUM BRANDS INC COMMON STOCK | | 3,478 |
|
| | | Total Loomis Sayles | | 154,959 |
|
| | | | | |
| | | Grand Total | | $ | 749,516 |
|
| | | | |
|
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the Plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 27, 2016
|
| |
| |
| EDISON 401 (K) SAVINGS PLAN |
| |
By: | /s/ Jacqueline Trapp |
| Jacqueline Trapp |
| Chair of the Southern California Edison Company |
| Benefits Committee |