The Goldman Sachs Group, Inc. (GS) 11-K Annual report of employee stock purchases

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 11-K

ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

þ 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 001-14965

A. Full title of the plan and the address of the plan, if different from that of issuer named below:

THE GOLDMAN SACHS 401(k) PLAN

B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

THE GOLDMAN SACHS GROUP, INC

200 West Street

New York, NY 10282

The Goldman Sachs 401(k) Plan

Financial Statements and Supplemental Schedules

December 31, 2015 and 2014

(With Independent Registered Public Accounting Firm’s Report)

The Goldman Sachs 401(k) Plan

Index

December 31, 2015 and 2014

	Page(s)
Report of Independent Registered Public Accounting Firm		1
Financial Statements
Statements of Net Assets Available for Benefits		2
Statements of Changes in Net Assets Available for Benefits		3
Notes to Financial Statements		4–18
Supplemental Schedules*
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)		19–72
Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)		73
Schedule G, Part  1 – Schedule of Loans or Fixed Income Obligations in Default or Classified as Uncollectible		74–75
Signatures
Index to Exhibits
Consent of PricewaterhouseCoopers, LLP Ex-23: Consent of PricewaterhouseCoopers, LLP

* All other schedules required by 29 CFR §2520.103-10 of the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974, as amended, are not included because they are not applicable.

Report of Independent Registered Public Accounting Firm

To the Administrator of

The Goldman Sachs 401(k) Plan

In our opinion, the accompanying statements of net assets available for benefits and the related statement of changes in net assets available for benefits present fairly, in all material respects, the net assets available for benefits of The Goldman Sachs 401(k) Plan (the “Plan”) at December 31, 2015 and 2014, and the changes in net assets available for benefits for the years then ended in conformity with accounting principles generally accepted in the United States of America. 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 of these statements 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. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

The supplemental schedule of assets (held at end of year) as of December 31, 2015, schedule of assets (acquired and disposed of within year) for the year ended December 31, 2015 and schedule of loans or fixed income obligations in default or classified as uncollectible as of December 31, 2015 have been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental schedules are the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental schedules reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental schedules. In forming our opinion on the supplemental schedules, we evaluated whether the supplemental schedules, including their form and content, are presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the schedule of assets (held at end of year), schedule of assets (acquired and disposed of within year), and schedule of loans or fixed income obligations in default or classified as uncollectible are fairly stated, in all material respects, in relation to the financial statements as a whole.

/s/ PricewaterhouseCoopers LLP

New York, NY

June 27, 2016

1

The Goldman Sachs 401(k) Plan

Statements of Net Assets Available for Benefits

December 31, 2015 and 2014

	As of December
$ in thousands	2015		2014
Assets
Investment assets at fair value (Note 3)	$	6,337,485	$	6,629,082
Receivables:
Employee contributions		5,788		5,148
Employer contributions		99,548		96,243
Notes receivable from participants		26,810		27,532
Interest and dividends		5,801		5,624
Due from brokers and other receivables		288,185		221,337
Total receivables		426,132		355,884
Total assets		6,763,617		6,984,966
Liabilities
Investment liabilities at fair value (Note 3)		288,091		272,429
Due to brokers and other payables		27,478		57,349
Accrued expenses		5,777		9,940
Total liabilities		321,346		339,718
Net assets available for benefits	$	6,442,271	$	6,645,248

The accompanying notes are an integral part of these financial statements.

2

The Goldman Sachs 401(k) Plan

Statements of Changes in Net Assets Available for Benefits

December 31, 2015 and 2014

	Year Ended December
$ in thousands	2015			2014
Additions
Investment income:
Net appreciation/(depreciation) in the fair value of investments	$	(262,016	)	$	232,147
Interest and dividends		126,790			167,102
Less: Investment management fees and other expenses		(25,650	)		(29,978	)
Total investment income/(loss)		(160,876	)		369,271
Interest income on notes receivable from participants		1,089			1,146
Contributions:
Employee		204,041			190,939
Employer		99,548			96,243
Total contributions		303,589			287,182
Total additions		143,802			657,599
Deductions
Benefits paid		346,779			355,559
Total deductions		346,779			355,559
Net increase/(decrease) in net assets available for benefits		(202,977	)		302,040
Net assets available for benefits
Beginning of year		6,645,248			6,343,208
End of year	$	6,442,271		$	6,645,248

The accompanying notes are an integral part of these financial statements.

3

The Goldman Sachs 401(k) Plan

Notes to Financial Statements

December 31, 2015 and 2014

Note 1.

Plan Description

The following description of The Goldman Sachs 401(k) Plan (the Plan) is provided for general information purposes only. The Plan sponsor is The Goldman Sachs Group, Inc. (the firm). Participants should refer to the Plan document, as most recently amended and restated effective January 1, 2016, for a more complete description of the Plan’s provisions. Items referenced in italics are defined in the Plan document.

The Plan became effective on January 1, 1945 as the “Goldman Sachs Employees’ Profit Sharing Retirement Income Plan” and is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (ERISA). Effective January 1, 2008, the Goldman Sachs Employees’ Profit Sharing Retirement Income Plan was amended to incorporate a 401(k) safe harbor design, and was renamed “The Goldman Sachs 401(k) Plan.” The Plan has been subsequently amended for various reasons, including to reflect changes in law.

General

The Plan is a defined contribution plan to which participants may elect to make pre-tax, and/or “Roth” after-tax, contributions each year from their 401(k) Compensation, as determined under the Plan and to which they can roll over amounts from certain other qualified retirement arrangements. The Plan’s Plan Year is the 12-month period commencing on January 1 and ending on the following December 31. The Plan offers a dollar-for-dollar Firm Matching Contribution on participants’ elective deferrals of up to 4% of their Safe Harbor Compensation, capped by applicable statutory limitations. If 4% of an eligible participant’s Safe Harbor Compensation is less than $6,000, the firm will allocate a Supplemental Contribution equal to the difference. In addition to these contributions, the firm will also allocate to each eligible participant an Additional Retirement Contribution of up to $4,000. Collectively, the Firm Matching Contribution, Supplemental Contribution and Additional Retirement Contribution are herein referred to as the Firm Contributions.

The Plan has two named fiduciaries, consisting of the Administrative Committee and the Retirement Committee. The Administrative Committee is responsible for interpreting the terms and conditions of the Plan that relate to the administration of the Plan. The Retirement Committee monitors the investment objectives and performance of the Plan’s individual investment options. Each committee consists of employees of the firm or its affiliates. Rocaton Investment Advisors is the Retirement Committee’s investment advisor. Participants direct their contributions and the Firm Contributions into various investment options offered by the Plan through the Goldman Sachs Profit Sharing Master Trust (the Master Trust). The Plan is the sole investor in the Master Trust. Participants’ directed investments can be allocated to mutual funds, collective trusts, separately managed accounts and a bank deposit account. Hewitt Associates, LLC is the recordkeeper of the Plan.

The Plan also offers participants the option to invest in the Stock Fund, as defined (the “Company Stock Fund”), which is a separately managed account, that primarily invests in shares of the firm’s common stock. In accordance with a policy adopted by the Retirement Committee, no more than 20% of any contribution made on behalf of each participant can be invested in the Company Stock Fund. When a participant reallocates his or her total investment balance, he or she is limited to reallocating 20% of his or her total investment balance into the Company Stock Fund. In addition, participants are restricted from transferring into or out of the Company Stock Fund during the black-out periods that are part of the firm’s compliance procedures designed to avoid violations of applicable securities laws.

Eligibility

Employees become eligible to make pre-tax, and/or “Roth” after-tax, contributions to the Plan as of the first day of the month after they join the firm or its affiliates as eligible employees. In addition, employees are eligible, as determined under the Plan document, to participate in the Firm Matching Contributions and Supplemental Contributions generally as of the first day of the month after they complete one Year of Service, as defined, and attain age 21. In addition, to be eligible for the Supplemental Contribution, the employee must be employed on the last day of the firm’s fiscal year that ends with or within the Plan Year.

4

The Goldman Sachs 401(k) Plan

Notes to Financial Statements

December 31, 2015 and 2014

Generally, to be eligible for the Additional Retirement Contribution, employees must have been (i) eligible for benefits under the Goldman Sachs Employees’ Pension Plan as of November 26, 2004, (ii) age 46 or older as of November 26, 2004, and (iii) employed by the firm or its affiliates as of the last day of the current fiscal year.

Vesting

Participants are immediately fully vested in their own 401(k) contributions, the Firm Matching Contributions and Supplemental Contributions, and the earnings thereon. Participants became fully vested after three Years of Service in the Firm Profit Sharing Contributions (which were discretionary profit sharing contributions made by the firm prior to January 1, 2008) and Additional Retirement Contributions, and the earnings thereon. Additionally, upon the earliest to occur of: (i) attainment of age 65 while employed by the firm or its affiliates, (ii) disability retirement, (iii) death or (iv) Plan termination, each participant or beneficiary will be 100% vested and may receive a lump-sum amount equal to the value of the funds or a portion thereof allocated to the participant’s account or may receive periodic distributions from the Plan.

Benefits

Any benefits provided by the Plan are paid from net assets available for benefits. The benefit to which a Plan participant is entitled equals the amount that can be provided by the vested contributions and net earnings thereon (including net realized and unrealized investment appreciation and depreciation) allocated to such participant’s account.

Notes Receivable from Participants

A participant in the Plan is permitted to borrow between $1,000 and $50,000, reduced by (i) the highest outstanding balance of loans to such participant from the Plan during the one-year period ending on the day before the date on which such new loan is made, less (ii) the outstanding balance of loans to such participant from the Plan on the date of such new loan, subject to an overall cap of the lesser of (a) one-half of the participant’s total vested account balance (including Firm Contributions) or (b) the balance in the participant’s 401(k) and rollover contribution accounts. A participant may not borrow any amounts attributable to the Firm Contributions. Interest on loans is fixed at the U.S. prime rate plus one percent for the life of the respective loan. Loans generally must be repaid within five years, or in some cases, ten years. Loans are repaid (principal and interest) and added back to participants’ account balances generally through regular after-tax payroll deductions.

Trust Agreement

The Plan’s investments are owned by the Master Trust, which is subject to a trust agreement (the Trust Agreement) with State Street Bank and Trust Company (the Trustee).

Note 2.

Summary of Significant Accounting Policies

Basis of Presentation

These financial statements are prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP).

All references to 2015 and 2014 refer to the Plan years ended, or the dates, as the context requires, December 31, 2015 and December 31, 2014, respectively.

Use of Estimates

Preparation of these financial statements requires management to make certain estimates and assumptions, the most important of which relates to fair value measurements of the Plan’s investments. These estimates and assumptions are based on the best available information but actual results could be materially different.

Payment of Benefits

Benefits are recorded when paid.

5

The Goldman Sachs 401(k) Plan

Notes to Financial Statements

December 31, 2015 and 2014

Notes Receivable from Participants

Participant loans are measured at their unpaid principal balance, plus any accrued but unpaid interest.

Risks and Uncertainties

Investments are exposed to various risks, such as interest rate, market and credit risk. Due to the level of risk associated with certain investments and the level of uncertainty related to changes in the value of investments, it is possible that changes in risks in the near term could materially affect participants’ account balances and the amounts reported in the statements of net assets available for benefits and the statements of changes in net assets available for benefits.

Expenses

Investment management fees charged by managers of mutual funds are borne by the Plan, and are included in “Net appreciation/(depreciation) in the fair value of investments.” Investment management fees charged by managers of collective trusts are borne by the Plan, and are included in “Net appreciation/(depreciation) in the fair value of investments” or “Investment management fees and other expenses” based on the underlying trust agreements.

Investment management fees charged by managers of separately managed accounts are borne by the Plan, and are included in “Investment management fees and other expenses.” In particular, the investment managers of the Multi-Market Hedge Fund Option, Multi-Strategy Hedge Fund Option, and Global Equity Long-Short Hedge Fund Option each charge an investment management fee that consists of a fixed asset-based management fee plus an annual incentive fee ranging from 15% to 20% of the net investment income earned above the fund’s high-water mark, if any, by each fund option.

Other expenses borne by the Plan, unless paid by the firm, consist of custodial, administrative, and investment advisory fees. Investment advisory fees are paid to Rocaton Investment Advisors, who advise the Retirement Committee on the selection and oversight of Plan investments. These Plan expenses, unless paid by the firm, are included in “Investment management fees and other expenses.”

Investments

The investments of the Plan are reported at fair value.

The Bank Deposit option is a deposit obligation of Goldman Sachs Bank USA (GS Bank USA), a Federal Deposit Insurance Corporation (FDIC) insured New York State chartered bank and a member of the Federal Reserve System. The Bank Deposit option offers an FDIC insured deposit with a floating rate coupon indexed to the Federal Funds Rate.

Mutual funds and collective trust funds represent investments with various investment managers. Mutual funds are valued based on the quoted net asset value per share held. Collective trust funds are valued based on the net asset value per unit as reported by the investment managers.

Investments within separately managed accounts are described below:

Mutual funds and collective trust funds, as described above, may also be investments held within separately managed accounts.

Cash and cash equivalents include cash and certain short-term interest-bearing investments.

The Plan’s investments include certificates of deposit.

Resale and Repurchase Agreements: Securities purchased under agreements to resell (resale agreements) are transactions in which the Plan purchases financial instruments from a seller, typically in exchange for cash, and simultaneously enters into an agreement to resell the same or substantially the same financial instruments to the seller at a stated price plus accrued interest at a future date.

6

The Goldman Sachs 401(k) Plan

Notes to Financial Statements

December 31, 2015 and 2014

Securities sold under agreements to repurchase (repurchase agreements) are transactions in which the Plan sells financial instruments to a buyer, typically in exchange for cash, and simultaneously enters into an agreement to repurchase the same or substantially the same financial instruments from the buyer at a stated price plus accrued interest at a future date.

The financial instruments purchased or sold in resale and repurchase agreements typically include U.S. government and federal agency obligations, investment-grade sovereign obligations, corporate debt securities and equity and convertible debentures.

The Plan receives financial instruments purchased under resale agreements and makes delivery of financial instruments sold under repurchase agreements. To mitigate credit exposure, the investment managers monitor the market value of these financial instruments on a daily basis, and deliver or obtain additional collateral due to changes in the market value of the financial instruments, as appropriate. For resale agreements, the Plan typically requires collateral with a fair value approximately equal to the carrying value of the relevant assets in the statements of net assets available for benefits.

Even though repurchase and resale agreements involve the legal transfer of ownership of financial instruments, they are accounted for as financing arrangements because they require the financial instruments to be repurchased or resold at the maturity of the agreement.

Common stock, preferred stock, fixed income securities, and interests in exchange-traded options and futures contracts traded in active markets are valued at closing prices on the last business day of each period presented. Securities traded in markets that are not considered active are valued based on broker or dealer quotations or alternative pricing sources with reasonable levels of price transparency. Securities that trade infrequently and therefore have little or no price transparency are valued using the investment managers’ (or independent third parties on behalf of the investment managers’) best estimate of fair value.

Forward foreign currency contracts are valued at fair value, as determined by the investment managers (or independent third parties on behalf of the investment managers), using quoted forward foreign currency exchange rates. At the end of each period presented, open contracts are valued at the current forward foreign currency exchange rates and the change in market value is recorded as an unrealized gain or loss. When the contract is closed or delivery taken, the Plan records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Swap contracts are valued at fair value, as determined by the investment managers (or independent third parties on behalf of the investment managers) utilizing their proprietary models and taking into consideration exchange quotations on underlying instruments, dealer quotations and other market information.

See Note 9 for further information about derivatives.

Investments denominated in currencies other than the U.S. dollar are translated using exchange rates prevailing at the end of the periods presented. Purchases and sales of these investments are translated at the rate of exchange on the respective dates of such transactions. Interest income and expense are recorded on an accrual basis. Dividend income is recorded on the ex-dividend date.

Purchases and sales of the investments within the Plan are reflected on a trade-date basis.

7

The Goldman Sachs 401(k) Plan

Notes to Financial Statements

December 31, 2015 and 2014

Due from Brokers and Other Receivables and Due to Brokers and Other Payables

“Due from brokers and other receivables” include cash balances held with brokers, receivables from unsettled sales transactions, and collateral posted in connection with certain derivative transactions. Amounts due from brokers may be restricted to the extent that they serve as deposits for securities sold, but not yet purchased. “Due to brokers and other payables” include payables from unsettled purchase transactions, collateral received in connection with certain derivative transactions, and margin loans payable. Certain of the Plan’s securities held by the clearing brokers or prime brokers are pledged to the brokers on terms that permit them to repledge the securities to others, subject to certain limitations. Securities held at custodians under custody agreements cannot be repledged to others by the custodian.

Recent Accounting Developments

Disclosures for Investments in Certain Entities That Calculate Net Asset Value (NAV) per Share (or Its Equivalent) (ASC 820). In May 2015, the FASB issued ASU No. 2015-07, “Fair Value Measurement (Topic 820) — Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent).” ASU No. 2015-07 requires that investments for which the fair value is measured at NAV using the practical expedient under “Fair Value Measurements and Disclosures” (Topic 820) be excluded from the fair value hierarchy.” ASU No. 2015-07 is effective for annual reporting periods beginning after December 15, 2015, including interim periods within that reporting period. ASU No. 2015-07 is required to be applied retrospectively to all periods presented beginning in the year of adoption. Early adoption is permitted. The Plan early adopted ASU No. 2015-07 for the Plan Year 2015 and adoption did not affect the Plan’s financial condition, performance, or disclosures.

Fully Benefit-Responsive Investment Contracts, Plan Investment Disclosures, Measurement Date Practical Expedient (ASC 960, ASC 962, ASC 965). In July 2015, the FASB issued ASU No. 2015-12, “Plan Accounting: Defined Benefit Plans (Topic 960), Defined Contribution Pension Plans (Topic 962), Health and Welfare Benefit Plans (Topic 965): (Part I) Fully Benefit-Responsive Investment Contracts, (Part II) Plan Investment Disclosures, (Part III) Measurement Date Practical Expedient.” ASU No. 2015-12 removes the requirement to: (i) measure fully benefit-responsive investment contracts (FBRICs) at fair value, (ii) disaggregate investments by nature, risks, and characteristics, (iii) disclose individual investments that represent five percent or more of net assets available for benefits, and (iv) disclose net appreciation or depreciation for investments by general type. Additionally, in accordance with ASU No. 2015-12, plans with a fiscal year-end that does not coincide with a calendar month-end may elect to adopt a practical expedient to measure investments and investment-related activity as of the month-end date that is closest to their fiscal year-end. ASU No. 2015-12 is effective for fiscal years beginning after December 15, 2015. For the new guidance about FBRICs and plan investment disclosures, ASU No. 2015-12 is required to be applied retrospectively for all financial statements presented. Early adoption is permitted. The Plan early adopted ASU No. 2015-12 for Plan Year 2015 and adoption did not affect the Plan’s financial condition or performance. The relevant footnotes have been updated to reflect the impact of ASU No. 2015-12. In accordance with ASU No. 2015-12, previously reported amounts have been conformed to the current presentation.

8

The Goldman Sachs 401(k) Plan

Notes to Financial Statements

December 31, 2015 and 2014

Note 3.

Investments at Fair Value

The table below presents a summary of the fair value of the Plan’s investments.

	As of December
$ in thousands	2015		2014
Assets
Bank deposit	$	240,484	$	245,742
Mutual funds		1,559,930		1,671,765
Collective trusts		2,260,903		2,234,905
Separately managed accounts
Cash and cash equivalents		1,603		2,537
Certificates of deposit		700		1,570
Securities purchased under agreements to resell		11,852		9,000
Fixed income securities		432,191		337,875
Common and preferred stocks		1,509,580		1,714,119
Mutual funds		46,798		4,640
Collective trusts		—		121,946
Real estate investment trusts		248,475		241,584
Derivatives		24,969		43,399
Total investment assets at fair value	$	6,337,485	$	6,629,082
Liabilities
Separately managed accounts
Securities sold under agreements to repurchase	$	9,906	$	—
Derivatives		28,007		30,073
Investments sold, but not yet purchased, at fair value:
Fixed income securities		17,003		42,564
Common and preferred stocks		233,175		196,189
Real estate investment trusts		—		3,603
Total investment liabilities at fair value	$	288,091	$	272,429

Note 4.

Fair Value Measurements

The fair value of a financial instrument is the amount 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. Financial instruments are marked at closing prices. Fair value measurements do not include transaction costs.

The best evidence of fair value is a quoted price in an active market. If quoted prices in active markets are not available, fair value is determined by reference to prices for similar instruments, quoted prices or recent transactions in less active markets, or internally developed models that primarily use market-based or independently sourced parameters as inputs including, but not limited to, interest rates, volatilities, equity or debt prices, foreign exchange rates, commodity prices, credit spreads, and funding spreads.

U.S. GAAP has a three-level fair value hierarchy for disclosure of fair value measurements. The fair value hierarchy prioritizes inputs to the valuation techniques used to measure fair value, giving the highest priority to level 1 inputs and the lowest priority to level 3 inputs. A financial instrument’s level in the fair value hierarchy is based on the lowest level of input that is significant to its fair value measurement.

9

The Goldman Sachs 401(k) Plan

Notes to Financial Statements

December 31, 2015 and 2014

The fair value hierarchy is as follows:

Level 1. Inputs are unadjusted quoted prices in active markets to which the Plan had access at the measurement date for identical, unrestricted assets or liabilities.

Level 2. Inputs to valuation techniques are observable, either directly or indirectly.

Level 3. One or more inputs to valuation techniques are significant and unobservable.

Level 1 instruments are valued using quoted market prices for identical unrestricted instruments in active markets. The Plan defines active markets for equity instruments based on the average daily trading volume both in absolute terms and relative to the market capitalization for the instrument. The Plan defines active markets for debt instruments based on both average daily trading volume and the number of days with trading activity.

Valuations of level 2 instruments can be verified to quoted prices, recent trading activity for identical or similar instruments, broker or dealer quotations, or alternative pricing sources with reasonable levels of price transparency.

Level 3 instruments have one or more significant valuation inputs that are not observable. Absent evidence to the contrary, level 3 instruments are initially valued at transaction price, which is considered to be the best initial estimate of fair value. Subsequently, the Plan uses other methodologies to determine fair value, which vary based on the type of instrument and include relevant broker quotations. Valuation inputs and assumptions are changed when corroborated by substantive observable evidence, including values realized on sales of level 3 instruments.

For valuation inputs involving broker quotations, consideration is given to the nature of the quotations (e.g., indicative or firm), and the relationship of recent market activity to the prices provided from alternative pricing sources.

The investment managers and custodian, on behalf of the Plan, use independent pricing sources to value Plan assets traded on exchanges and independent quoted prices or developed models for all assets not traded on exchanges. Investment managers review their valuation approaches on an ongoing basis and revise as necessary based on changing market conditions to ensure their valuations represent a fair value. These valuation approaches are reviewed periodically and not less than annually by the Plan sponsor.

Total Plan investment assets at fair value classified within level 3 as of December 2015 and December 2014 were $88.5 million and $124.3 million, respectively. As of December 2015 and December 2014, such amounts were approximately 1.4% and 1.9%, respectively, of “Investment assets at fair value.” See Notes 2 and 3 for further information about investments at fair value.

10

The Goldman Sachs 401(k) Plan

Notes to Financial Statements

December 31, 2015 and 2014

Fair Value of Investment Assets and Investment Liabilities by Level

The tables below present, by level within the fair value hierarchy, investment assets and investment liabilities of the Plan accounted for at fair value. See Notes 2 and 3 for further information about investments at fair value.

	Investment Assets at Fair Value as of December 2015
$ in thousands	Level 1		Level 2		Level 3			Total
Bank deposit	$	240,484	$	—	$	—		$	240,484
Mutual funds		1,559,930		—		—			1,559,930
Collective trusts		2,260,903		—		—			2,260,903
Separately managed accounts
Cash and cash equivalents		1,603		—		—			1,603
Certificates of deposit		—		700		—			700
Securities purchased under agreements to resell		—		11,852		—			11,852
Fixed income securities		158,091		194,524		79,576	2		432,191
Common and preferred stocks		1,482,900		17,781		8,899	3		1,509,580
Mutual funds1		46,798		—		—			46,798
Real estate investment trusts		248,475		—		—			248,475
Derivatives		—		24,969		—			24,969
Total separately managed accounts		1,937,867		249,826		88,475			2,276,168
Total investment assets at fair value	$	5,999,184	$	249,826	$	88,475		$	6,337,485

1. Consists of money market funds and investments in funds that are primarily composed of fixed income securities.

2. Principally consists of collateralized debt obligations.

3. Consists of private equity investments.

	Investment Liabilities at Fair Value as of December  2015
$ in thousands	Level 1		Level 2		Level 3		Total
Separately managed accounts
Securities sold under agreements to repurchase	$	—	$	9,906	$	—	$	9,906
Derivatives		—		28,007		—		28,007
Investments sold, but not yet purchased, at fair value:
Fixed income securities		994		16,006		3		17,003
Common and preferred stocks		232,920		255		—		233,175
Total investment liabilities at fair value	$	233,914	$	54,174	$	3	$	288,091

11

The Goldman Sachs 401(k) Plan

Notes to Financial Statements

December 31, 2015 and 2014

	Investment Assets at Fair Value as of December 2014
$ in thousands	Level 1		Level 2		Level 3			Total
Bank deposit	$	245,742	$	—	$	—		$	245,742
Mutual funds		1,671,765		—		—			1,671,765
Collective trusts		2,234,905		—		—			2,234,905
Separately managed accounts
Cash and cash equivalents		2,537		—		—			2,537
Certificates of deposit		—		1,570		—			1,570
Securities purchased under agreements to resell		—		9,000		—			9,000
Fixed income securities		93,659		142,641		101,575	2		337,875
Common and preferred stocks		1,669,120		22,402		22,597	3		1,714,119
Mutual funds1		4,640		—		—			4,640
Collective trusts1		121,946		—		—			121,946
Real estate investment trusts		241,584		—		—			241,584
Derivatives		8,087		35,195		117	4		43,399
Total separately managed accounts		2,141,573		210,808		124,289			2,476,670
Total investment assets at fair value	$	6,293,985	$	210,808	$	124,289		$	6,629,082

1. Consists of investments in funds that are primarily composed of fixed income securities.

2. Principally consists of collateralized debt obligations.

3. Consists of private equity investments.

4. Consists of equity swaps.

	Investment Liabilities at Fair Value as of December  2014
$ in thousands	Level 1		Level 2		Level 3			Total
Separately managed accounts
Derivatives	$	10,509	$	19,564	$	—		$	30,073
Investments sold, but not yet purchased, at fair value:
Fixed income securities		25,131		14,900		2,533	1		42,564
Common and preferred stocks		196,013		176		—			196,189
Real estate investment trusts		3,603		—		—			3,603
Total investment liabilities at fair value	$	235,256	$	34,640	$	2,533		$	272,429

1. Consists of corporate debt instruments.

12

The Goldman Sachs 401(k) Plan

Notes to Financial Statements

December 31, 2015 and 2014

Transfers Between Levels of the Fair Value Hierarchy

Transfers between levels of the fair value hierarchy are reported at the beginning of the reporting period in which they occur.

During 2015, transfers into level 2 from level 1 of investments were $0.1 million, primarily reflecting transfers of certain currency and commodity derivative liabilities due to reduced price transparency as a result of a lack of market evidence, including fewer market transactions in these instruments.

During 2014, transfers into level 1 from level 2 of investments were $154.6 million, primarily reflecting transfers of the international equity collective trusts due to decreased volatility in the underlying indices and increased transparency in the ability to transact daily at the reported NAV.

Level 3 Rollforward

The tables below present changes in fair value for all investment assets categorized as level 3 as of the end of the period:

	Level 3 Investment Assets at Fair Value for the Year Ended December 2015
$ in thousands	Fixed Income Securities			Common and Preferred Stock			Derivative Assets			Total
Balance, beginning of year	$	101,575		$	22,597		$	117		$	124,289
Net realized gains/(losses)1		(862	)		1			—			(861	)
Net unrealized losses relating to instruments still held at year-end1		(11,255	)		(1,610	)		(117	)		(12,982	)
Purchases		33,481			608			—			34,089
Sales		(39,865	)		—			—			(39,865	)
Settlements		(3,950	)		(1,377	)		—			(5,327	)
Transfers into level 3		1,135			—			—			1,135
Transfers out of level 3		(683	)		(11,320	)		—			(12,003	)
Balance, end of year	$	79,576		$	8,899		$	—		$	88,475

^1.  Included in “Net appreciation/(depreciation) in the fair value of investments.”

Transfers into level 3 of $1.1 million during 2015 primarily reflected transfers of certain securities backed by residential real estate from level 2 principally due to reduced price transparency as a result of a lack of market evidence, including fewer market transactions in these instruments.

Transfers out of level 3 of $12.0 million during 2015 primarily reflected transfers to level 1 as a result of the initial public offerings of certain private equity investments and the subsequent price transparency due to the listing on public exchanges.

13

The Goldman Sachs 401(k) Plan

Notes to Financial Statements

December 31, 2015 and 2014

	Level 3 Investment Assets at Fair Value for the Year Ended December 2014
$ in thousands	Fixed Income Securities			Common and Preferred Stock			Derivative Assets			Total
Balance, beginning of year	$	80,332		$	13,498		$	754		$	94,584
Net realized gains/(losses)1		6,774			(1,013	)		9			5,770
Net unrealized gains/(losses) relating to instruments still held at year-end1		(13,889	)		2,844			61			(10,984	)
Purchases		57,715			13,550			1			71,266
Sales		(29,807	)		(255	)		(22	)		(30,084	)
Settlements		(12,093	)		(4,568	)		(4	)		(16,665	)
Transfers into level 3		12,671			—			—			12,671
Transfers out of level 3		(128	)		(1,459	)		(682	)		(2,269	)
Balance, end of year	$	101,575		$	22,597		$	117		$	124,289

^1. Included in “Net appreciation/(depreciation) in the fair value of investments.”

Transfers into level 3 of $12.7 million during 2014 primarily reflected transfers of certain corporate debt instruments and securities backed by residential real estate from level 2 principally due to reduced price transparency as a result of a lack of market evidence, including fewer market transactions in these instruments.

Transfers out of level 3 into level 1 of $2.3 million during 2014 are primarily the result of initial public offerings of certain private equity investments and the subsequent price transparency due to the listing on public exchanges.

Note 5.

Related Party Transactions and Party-In-Interest Transactions

An affiliate of the firm manages several mutual fund investment options within the Plan. These investments include the Goldman Sachs Financial Square Treasury Obligations Fund, Goldman Sachs Financial Square Money Market Fund, Goldman Sachs Short Duration Government Fund, Goldman Sachs Core Fixed Income Fund, Goldman Sachs High Yield Fund, Goldman Sachs Large Cap Value Fund, Goldman Sachs Strategic Income Fund and Goldman Sachs Mid Cap Value Fund, each of which is an investment company registered under the Investment Company Act of 1940. No fees were paid for 2015 and 2014, or were payable by the Plan as of December 2015 and December 2014, for investment management services relating to any of these funds; however, investment advisory fees may be paid from the funds to the firm or its affiliates.

The Plan offers as an investment option the Company Stock Fund, which primarily invests in shares of the firm’s common stock. As of December 2015 and December 2014, the Plan’s interest in the Company Stock Fund represented 615,625 and 609,988 shares of the firm’s common stock with a fair market value of $111.0 million and $118.2 million respectively. Purchases of $5.8 million and $3.5 million and sales of $4.9 million and $9.4 million of the firm’s common stock were made through the Company Stock Fund during 2015 and 2014, respectively. The Company Stock Fund is managed by an affiliate of the Trustee.

GSAM Stable Value, LLC (GSAM Stable Value, formerly called Dwight Asset Management Company, LLC), an affiliate of the firm, manages a laddered fixed income investment option in the Plan. No fees are paid to GSAM Stable Value for acting as the laddered fixed income investment manager. This investment option included collective trust funds that are sub-advised by GSAM Stable Value and sponsored by Goldman Sachs Trust Company, N.A. (GSTC), and as such these investments are classified as related party transactions and party-in-interest transactions. Investment advisory fees were paid from the collective trust funds to GSTC, and may be shared with GSAM Stable Value and other affiliates. Beginning July 1, 2015, the underlying GSAM Stable Value

14

The Goldman Sachs 401(k) Plan

Notes to Financial Statements

December 31, 2015 and 2014

collective trust funds were removed from the Plan’s Laddered Bond Fund option and the proceeds were invested directly in the underlying fixed income securities and managed as a separately managed account. No fees are payable by the Plan to GSAM Stable Value or other affiliates to manage this separately managed account.

GS Bank USA, an affiliate of the firm, has a deposit obligation to the Plan under the Plan’s Bank Deposit option. No fees were paid for 2015 and 2014, or were payable by the Plan as of December 2015 and December 2014, for Bank Deposit obligations.

In addition, an affiliate of the Trustee manages several investment options within the Plan. These investments include the SSgA S&P 500^® Index Non-Lending Series Fund, SSgA S&P MidCap^® Index Non-Lending Series Fund, SSgA Russell Small Cap^® Index Non-Lending Series Fund, and SSgA Emerging Markets Index Non-Lending Series Fund, each of which are collective trust funds. Fees associated with the management of these funds qualify as party-in-interest transactions.

Note 6.

Plan Termination

The firm intends to continue the Plan indefinitely but reserves the right to discontinue or amend the Plan at any time subject to the provisions of ERISA. In the event of discontinuance, affected participants will become fully vested in the Firm Contributions and the related investment income as required by ERISA.

Note 7.

Income Tax Status

The Internal Revenue Service has determined and informed the firm by a letter dated November 20, 2012, that the Plan and Master Trust are designed in accordance with applicable sections of the Internal Revenue Code. Although the Plan has been amended since the receipt of the letter, Plan management believes that the Plan continues to be designed and operated in all material respects in compliance with the applicable requirements of the Internal Revenue Code.

On January 29, 2016, a new determination letter application was submitted to the Internal Revenue Service to re-affirm that the Plan is and continues to be designed in accordance with applicable sections of the Internal Revenue Code.

Note 8.

Reconciliation of Financial Statements to Form 5500

The tables below present the reconciliations from the Plan’s financial statements to the Form 5500.

	As of December
$ in thousands	2015			2014
Net assets available for benefits, per Statements of Net Assets Available for Benefits	$	6,442,271		$	6,645,248
Reduce by amounts allocated to withdrawing participants		(19,508	)		(27,632	)
Net assets, per the Form 5500	$	6,422,763		$	6,617,616

15

The Goldman Sachs 401(k) Plan

Notes to Financial Statements

December 31, 2015 and 2014

	Year Ended December
$ in thousands	2015			2014
Benefits paid, per Statements of Changes in Net Assets Available for Benefits	$	346,779		$	355,559
Add amounts allocated to withdrawing participants, end of year		19,508			27,632
Reduce for amounts allocated to withdrawing participants, beginning of year		(27,632	)		(23,251	)
Benefits paid to participants, per the Form 5500	$	338,655		$	359,940

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 2015 and December 2014, but had not yet been paid as of that date.

Note 9.

Financial Instruments with Off-Balance Sheet Risk

In accordance with the investment strategy of the separately managed accounts, the Plan’s investment managers execute transactions in various financial instruments that may give rise to varying degrees of off-balance sheet market and credit risk, including investments sold, but not yet purchased. These investment liabilities involve obligations to deliver specified securities at contracted prices and thereby create a liability to purchase the securities at prevailing future market prices. Accordingly, these transactions result in off-balance sheet risk as the Plan’s ultimate obligation to satisfy the sale of investments sold, but not yet purchased, may exceed the amount recognized in the financial statements.

Derivatives are instruments that derive their value from underlying asset prices, indices, reference rates and other inputs, or a combination of these factors. Derivatives may be traded on an exchange (exchange-traded) or they may be privately negotiated contracts, which are usually referred to as over the counter derivatives. The Plan enters into various types of derivatives, including:

• Futures and Forwards. Contracts that commit counterparties to purchase or sell financial instruments, commodities or currencies in the future.

• Swaps. Contracts that require counterparties to exchange cash flows such as currency or interest payment streams. The amounts exchanged are based on the specific terms of the contract with reference to specified rates, financial instruments, commodities, currencies or indices.

• Options. Contracts in which the option purchaser has the right, but not the obligation, to purchase from or sell to the option writer financial instruments, commodities or currencies within a defined time period for a specified price.

Market risk includes risk that arises from the potential for changes in value of financial instruments resulting from fluctuations in interest and foreign exchange rates, in prices of commodities, and in prices of debt and equity securities. In many cases, these financial instruments serve to reduce, rather than increase, the Plan’s exposure to losses from market or other risks. In addition, the measurement of market risk is meaningful only when all related and offsetting transactions are identified. The investment managers may limit the Plan’s market risk by holding or purchasing offsetting positions.

16

The Goldman Sachs 401(k) Plan

Notes to Financial Statements

December 31, 2015 and 2014

As a writer of option contracts, the Plan receives a premium to become obligated to buy or sell financial instruments for a period of time at the holder’s option. During this period, the Plan bears the risk of an unfavorable change in the market value of the financial instrument underlying the option, but has no credit risk, as the counterparty has no performance obligation to the Plan once it has paid its cash premium.

The Plan is subject to credit risk of counterparty nonperformance on derivative assets, except for written options, which obligate the Plan to perform and do not give rise to any counterparty credit risk. Derivatives are accounted for at fair value.

Derivatives are recorded on a gross basis in the statements of net assets available for benefits. The tables below present the fair value and the notional amount of derivative contracts by major product type on a gross basis. Gross fair values exclude the effects of both counterparty netting and collateral, and therefore are not representative of the Plan’s exposure. The tables below also present the amounts of counterparty netting and collateral that have not been offset in the statements of net assets available for benefits. Notional amounts, which represent the sum of gross long and short derivative contracts, provide an indication of the volume of the Plan’s derivative activity and do not represent anticipated losses.

	As of December 2015
$ in thousands	Derivative Assets			Derivative Liabilities			Notional Amount
Interest rates	$	1,640		$	1,214		$	3,307,698
Credit		677			805			33,192
Currencies		3,832			2,630			261,828
Commodities		355			3,337			111,973
Equities		18,465			20,021			1,232,560
Gross fair value/notional amount of derivatives	$	24,969		$	28,007		$	4,947,251
Amounts that have not been offset in the statement of net assets available for benefits:
Counterparty netting		(16,611	)		(16,611	)
Collateral received/posted		(7,264	)		(6,078	)
Total	$	1,094		$	5,318
	As of December 2014
$ in thousands	Derivative Assets			Derivative Liabilities			Notional Amount
Interest rates	$	2,159		$	2,135		$	12,245,891
Credit		1,122			1,077			30,277
Currencies		7,022			1,526			220,336
Commodities		8,080			6,329			73,946
Equities		25,016			19,006			705,369
Gross fair value/notional amount of derivatives	$	43,399		$	30,073		$	13,275,819
Amounts that have not been offset in the statement of net assets available for benefits:
Counterparty netting		(12,229	)		(12,229	)
Collateral received/posted		(7,916	)		(9,127	)
Total	$	23,254		$	8,717

17

The Goldman Sachs 401(k) Plan

Notes to Financial Statements

December 31, 2015 and 2014

The table below presents the net appreciation/(depreciation) in the fair value of derivatives (including gains and losses on derivatives bought and sold as well as held during the year) by major product type.

	Year Ended December
$ in thousands	2015			2014
Interest rates	$	525		$	(78	)
Credit		337			(417	)
Currencies		8,248			14,075
Commodities		(2,250	)		94
Equities		8,464			(31,240	)
Total	$	15,324		$	(17,566	)

The Plan’s investment managers enter into various derivative transactions that are considered credit derivatives under U.S. GAAP. The Plan’s written and purchased credit derivatives include credit default swaps and total return swaps. Substantially all of the Plan’s written and purchased credit derivative transactions are with financial institutions and are subject to stringent collateral thresholds.

18

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value		Current Value
Bank Deposits
GS BANK ACCOUNT		240,484,231	$	240,484,231
Total Bank Deposits		240,484,231	$	240,484,231
Collective Trusts
20+ TREASURY F		1,051,590	$	42,117,848
DAILY EMER MKTS INDEX SER		5,525,997		121,212,752
EQUITY GROWTH FUND F		6,461,469		135,380,707
EQUITY VALUE FUND F		6,106,765		146,741,895
LIFEPATH INDEX ET NL FUND O		3,044,191		34,110,468
LIFEPATH INDEX 2020 NL FUND O		3,667,967		42,751,260
LIFEPATH INDEX 2025 NL FUND O		5,854,899		69,840,746
LIFEPATH INDEX 2030 NL FUND O		6,441,649		78,329,164
LIFEPATH INDEX 2035 NL FUND O		8,501,241		105,162,896
LIFEPATH INDEX 2040 NL FUND O		9,508,183		119,285,862
LIFEPATH INDEX 2045 NL FUND O		10,473,405		133,318,062
LIFEPATH INDEX 2050 NL FUND O		7,711,439		99,544,648
LIFEPATH INDEX 2055 NL FUND O		3,019,227		39,448,613
SSGA S+P 400 MIDCAP INDEX NL		6,647,899		171,123,563
STATE BK + INVT RETIRMNT PLNS		7,063,001		150,074,645
STATE STR BK TR CO INVT FDS TA		17,700,329		772,460,052
Total Collective Trusts		108,779,250	$	2,260,903,180
Mutual Funds
ASHMORE EMERGING MARKETS LOCAL		2,412,712	$	15,561,992
DODGE + COX INTERNATIONAL STOC		1,409,963		51,435,446
FINANCIAL SQUARE MONEY MKT		338,247,819		338,247,819
GMO INTERNATIONAL EQUITY FUND		8,961,288		179,942,656
GOLDMAN SACHS CORE FIXED INCOM		5,015,135		52,006,951
GOLDMAN SACHS FINANCIAL SQUARE		74,132,340		74,132,340
GOLDMAN SACHS HIGH YIELD FUND		21,407,736		129,730,879
GOLDMAN SACHS LARGE CAP VALUE		8,225,195		126,338,996
GOLDMAN SACHS MID CAP VALUE FU		9,745,140		323,538,663
GOLDMAN SACHS SHORT DURATION G		6,890,867		68,839,757
GOLDMAN SACHS STRATEGIC INCOME		2,219,681		21,353,335
STATE STREET HEDGED INTERNATIO		1,903,059		17,146,559
VANGUARD INFLATION PROTECTED S		6,782,413		69,655,385
WESTERN ASSET CORE PLUS BOND F		8,048,929		91,999,262
Total Mutual Funds		495,402,278	$	1,559,930,042
Managed Accounts
Mutual Funds
PIMCO FDS SHORT TERM FLTG NAV		394,891	$	3,950,494
MORGAN STANLEY PRIME INSTITUTIONAL CLASS MONEY MARKET		23,431,265		23,431,265
DREYFUS GOVERNMENT CASH MANAGEMENT INSTITUTIONAL CLASS MONEY MARKET (JP MORGAN)		19,415,906		19,415,906
Total Mutual Funds		43,242,062	$	46,797,665
Cash and Cash Equivalents
AUSTRALIAN DOLLAR		18,507		13,465
BRAZILIAN REAL		3,141		794
CANADIAN DOLLAR		79,720		57,390
DANISH KRONE		248		36
EGYPTIAN POUND		107		14
EURO CURRENCY		679,241		737,859
HONG KONG DOLLAR		1		0
INDIAN RUPEE		2,523		38
INDONESIAN RUPIAH		2		—
MALAYSIAN RINGGIT		481		112
MEXICAN PESO (NEW)		1,200,439		69,505
NEW ISRAELI SHEQEL		7,224		1,857
NEW TAIWAN DOLLAR		214		7
NEW ZEALAND DOLLAR		263		180
NIGERIAN NAIRA		2,555		13
POLISH ZLOTY		269		68
POUND STERLING		85,842		126,522
SINGAPORE DOLLAR		209		147
SOUTH AFRICAN RAND		138,975		8,969
SOUTH KOREAN WON		11,524		10
SWEDISH KRONA		39,704		4,710
SWISS FRANC		6,613		6,607
THAILAND BAHT		311,842		8,666
TURKISH LIRA		784		269
US DOLLAR		565,433		565,433
Total Cash and Cash Equivalents		3,155,860	$	1,602,669

19

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
Certificate of Deposit
CREDIT SUISSE NY		700,000			700,000
Total Certificate of Deposit		700,000		$	700,000
Common Stock
21VIANET GROUP INC-ADR		47,982			1,014,339
2U INC		12,297			344,070
58.COM INC-ADR		23,930			1,578,423
7 ELEVEN MALAYSIA HOLDINGS B		269,500			96,665
AAC TECHNOLOGIES HOLDINGS IN		75,915			493,193
ABBOTT LABORATORIES		31,405			1,410,399
ABBVIE INC		1,300			77,012
ACTIVISION BLIZZARD INC		(49,110	)		(1,901,048	)
ACTIVISION BLIZZARD INC		24,516			949,014
ACUITY BRANDS INC		2,751			643,184
ADIDAS AG		(2,660	)		(259,776	)
ADOBE SYSTEMS INC		23,867			2,242,066
ADR		1,779,837			27,718,707
ADR EUR.0005		4,304			77,257
ADR USD.00005		46,623			8,813,612
ADR USD.001		10,143			275,078
ADR USD.01		38,268			1,772,956
ADR USD1.		16,490			204,971
ADT CORP/THE		(1,849	)		(60,980	)
ADVANCE AUTO PARTS INC		1,139			171,431
ADVANCE PURCHASE		89,000			4,632,410
ADVANCED DRAINAGE SYSTEMS IN		63,697			1,530,639
ADVANCED EMISSIONS SOLUTIONS		8,000			57,120
ADVANCED ENERGY INDUSTRIES		6,860			193,658
ADVANCED MICRO DEVICES INC		(9,848	)		(28,264	)
ADVANTEST CORP		(3,200	)		(26,940	)
AERCAP HOLDINGS NV		(4,622	)		(199,486	)
AERCAP HOLDINGS NV		274,423			11,844,097
AERIE PHARMACEUTICALS INC		25,845			629,326
AETNA INC		76,991			8,324,267
AETNA INC		6,300			681,156
AFLAC INC		(6,200	)		(371,380	)
AFRICAN BANK INVESTMENTS LTD		302,044			6,043
AGCO CORP		(3,614	)		(164,039	)
AGIOS PHARMACEUTICALS INC		2,106			136,722
AIA GROUP LTD		593,500			3,568,474
AIA GROUP LTD		962,337			5,786,327
AIR LIQUIDE SA		29,300			3,299,033
AIR PRODUCTS & CHEMICALS INC		83,189			10,823,721
AKAMAI TECHNOLOGIES INC		(2,773	)		(145,943	)
AKAMAI TECHNOLOGIES INC		2,100			110,523
ALASKA AIR GROUP INC		7,000			563,570
ALCOA INC		(50,769	)		(501,090	)
ALEXION PHARMACEUTICALS INC		19,900			3,795,925
ALIBABA GROUP HOLDING-SP ADR		74,501			6,054,696
ALIMENTATION COUCHE-TARD -B		(8,149	)		(358,950	)
ALIOR BANK SA		12,869			216,713
ALKERMES PLC		24,428			1,939,095
ALLEGIANCE BANCSHARES INC		4,574			108,175
ALLERGAN PLC		89,507			27,970,938
ALLETE INC		13,755			699,167
ALLIANCE DATA SYSTEMS CORP		(1,849	)		(511,378	)
ALLIANZ SE REG		22,200			3,944,149
ALLSCRIPTS HEALTHCARE SOLUTI		103,394			1,590,200
ALPHA BANK SA		94,694			256,089
ALPHABET INC CL A		35,944			27,964,791
ALPHABET INC CL C		13,851			10,511,247
ALPHABET INC-CL C		12,950			9,827,496
ALROSA PAO		706,177			541,948
ALTISOURCE PORTFOLIO SOLUTIONS		72,999			2,030,102
ALTRA INDUSTRIAL MOTION CORP		25,900			649,572
AMADEUS IT HOLDING SA		31,100			1,373,993
AMAZON.COM INC		18,250			12,334,993
AMBARELLA INC		22,755			1,268,364
AMBUJA CEMENTS LTD		31,559			97,077
AMERCAN EXPRESS CO		(9,243	)		(642,851	)
AMERICA MOVIL SAB DE C SER L		283,199			198,406

20

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
AMERICAN AIRLINES GROUP INC		45,800			1,939,630
AMERICAN EAGLE OUTFITTERS		(90,370	)		(1,400,735	)
AMERICAN ELECTRIC POWER		(9,677	)		(563,879	)
AMERICAN INTERNATIONAL GROUP		230,140			14,261,776
AMERICAN TOWER CORP-CL A		(15,204	)		(1,474,028	)
AMERIPRISE FINANCIAL INC		5,200			553,384
AMERIS BANCORP		68,058			2,313,291
AMERISOURCEBERGEN CORP		(6,470	)		(671,004	)
AMERISOURCEBERGEN CORP		5,400			560,034
AMETEK INC		(4,159	)		(222,881	)
AMETEK INC		75,931			4,069,142
AMGEN INC		1,849			300,148
AMGEN INC		400			64,932
AMR CORP		237,719			320,550
AMR CORP EXP		74,074			99,884
ANACOR PHARMACEUTICALS INC		12,173			1,375,184
ANADARKO PETROLEUM CORP		20,000			971,600
ANADOLU EFES BIRACILIK VE		79,956			517,453
ANALOG DEVICES INC		(9,003	)		(498,046	)
ANGLO AMERICAN PLC		218,152			968,097
ANGLO IRISH BANK CORP PLC		43,800			—
ANHEUSER-BUSCH INBEV SA/NV		8,720			1,083,558
ANHEUSER-BUSCH INBEV SPN ADR		13,818			1,727,250
ANHUI CONCH CEMENT CO LTD H		484,881			1,304,461
ANTHEM INC		8,900			1,241,016
APOGEE ENTERPRISES INC		1,818			79,101
APOLLO INVESTMENT CORP		(50,086	)		(261,449	)
APPLE INC		(36,952	)		(3,889,568	)
APPLE INC		27,860			2,932,544
APPLIED INDUSTRIAL TECH INC		20,975			849,278
APTARGROUP INC		(1,718	)		(124,813	)
ARAMARK		121,175			3,907,894
ARATANA THERAPEUTICS INC		39,425			219,992
ARCELOR MITTAL STEEL COMPANY N.V.		(177,514	)		(749,109	)
ARGO GROUP INTERNATIONAL		19,645			1,175,557
ARM HOLDINGS PLC		196,400			3,007,635
ARM HOLDINGS PLC-SPONS ADR		(9,490	)		(429,328	)
ARMOUR ENERGY LTD		176,493			21,232
ARMSTRONG WORLD INDUSTRIES		16,835			769,865
ARRIS INTERNATIONAL PLC		99,046			3,027,836
ARRIUM LTD		1,742,611			73,691
ASHLAND INC		(3,810	)		(391,287	)
ASHLAND INC		81,500			8,370,050
ASM PACIFIC TECHNOLOGY		78,771			619,484
ASPEN PHARMACARE HOLDINGS LT		32,556			650,217
ASPEN TECHNOLOGY INC		(30,040	)		(1,134,310	)
ASPEN TECHNOLOGY INC		38,593			1,457,272
ASTRAZENECA PLC-SPONS ADR		(11,092	)		(376,573	)
AT&T INC		(119,672	)		(4,117,914	)
ATHENAHEALTH INC		15,613			2,513,225
ATLAS COPCO AB A SHS		68,400			1,690,812
ATLAS ENERGY GROUP LLC		258,815			245,874
ATTIJARIWAFA BANK		3,693			125,842
AUTOZONE INC		1,200			890,292
AVAGO TECHNOLOGIES LTD		56,419			8,189,218
AVANGRID INC		13,890			533,376
AVERY DENNISON CORP		(2,890	)		(181,087	)
AVON PRODUCTS INC		274,000			1,109,700
AXA IMMOSELECT		13,014			71,379
AXIS BANK LTD		251,607			1,710,500
BALCHEM CORP		(1,664	)		(101,171	)
BANCO BILBAO VIZCAYA ARGENTA		140,700			1,030,005
BANCOLOMBIA SA		22,811			150,756
BANK OF AMERICA CORP		147,200			2,477,376
BANK OF MONTREAL		(63,661	)		(3,593,679	)
BANK OF NEW YORK MELLON CORP		120,162			4,953,078
BANK OF NEW YORK MELLON CORP		6,500			267,930
BANK OF NOVA SCOTIA		(7,390	)		(299,117	)
BANK OF THE PHILIPPINE ISLAN		108,931			194,110
BANK TABUNGAN PENSIUNAN NASL		200,100			34,838
BARCLAYS PLC		1,173,000			3,782,731
BAXALTA INC		15,410			601,452
BAXTER INTERNATIONAL INC		924			35,251
BAYERISCHE MOTOREN WERKE AG		25,930			2,750,018
BEACON ROOFING SUPPLY INC		12,920			532,046
BECTON DICKINSON AND CO		(3,697	)		(569,671	)
BECTON DICKINSON AND CO		21,259			3,275,799

21

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
BEIJING ENTERPRISES HLDGS		22,000			133,269
BENEFITFOCUS INC		21,740			791,119
BEST BUY CO INC		(3,697	)		(112,574	)
BG GROUP PLC		199,410			2,895,018
BHP BILLITON LTD-SPON ADR		(17,562	)		(452,397	)
BIDVEST GROUP LTD		52,307			1,107,914
BIOCRYST PHARMACEUTICALS INC		51,615			532,667
BIOGEN INC		21,691			6,645,038
BLACK STONE MINERALS LP		66,089			953,664
BLACKBERRY LTD		(84,585	)		(784,949	)
BLUE BUFFALO PET PRODUCTS INC		—			—
BLUESTONE GLOBAL LTD		337,069			0
BNC BANCORP		47,276			1,199,865
BOEING CO		(19,648	)		(2,840,904	)
BOEING CO/THE		(7,580	)		(1,095,992	)
BOEING CO/THE		16,200			2,342,358
BOISE CASCADE CO		46,626			1,190,362
BONANZA CREEK ENERGY INC		49,748			262,172
BOOT BARN HOLDINGS INC		21,635			265,894
BORA BORA RESOURCES LTD		29,145			1,381
BORGWARNER INC		21,750			940,253
BOSTON SCIENTIFIC CORP		235,806			4,348,263
BOYD GAMING CORP		(3,000	)		(59,610	)
BRISTOL MYERS SQUIBB CO		24,400			1,678,476
BROADCOM CORP-CL A		46,139			2,667,757
BUFFALO WILD WINGS INC		4,727			754,666
BUNGE LTD		39,010			2,663,603
BURLINGTON STORES INC		17,550			752,895
C.H. ROBINSON WORLDWIDE INC		(8,320	)		(516,006	)
CA INC		3,697			105,586
CABLE + WIRELESS COMMUNICATI		645,780			707,199
CACI INTERNATIONAL INC CL A		11,285			1,047,022
CAESARS ACQUISITION CO-CL A		11,206			76,313
CALATLANTIC GROUP INC		(14,002	)		(530,956	)
CALATLANTIC GROUP INC		11,582			439,189
CALLON PETROLEUM CO		163,496			1,363,557
CAL-MAINE FOODS INC		(38,522	)		(1,785,109	)
CALTEX AUSTRALIA LTD		30,179			829,532
CAMPBELL SOUP CO		(9,068	)		(476,523	)
CAN IMPERIAL BK OF COMMERCE		(27,552	)		(1,816,079	)
CANADIAN NATL RAILWAY CO		43,400			2,425,192
CANADIAN PACIFIC RAILWAY LTD		69,323			8,859,889
CANADIAN PACIFIC RAILWAY LTD		5,100			650,760
CAPEVIN HOLDINGS LTD		47,090			29,326
CAPITAL ONE FINANCIAL CORP		(6,470	)		(467,005	)
CAPITAL ONE FINANCIAL CORP		14,950			1,079,091
CAPITEC BANK HOLDINGS LTD		4,081			141,839
CARBYLAN THERAPEUTICS INC		4,800			17,376
CARDINAL HEALTH INC		11,700			1,044,459
CARDIOVASCULAR SYSTEMS INC		30,770			465,242
CARDTRONICS INC		27,840			936,816
CARMAX INC		9,243			498,845
CARMAX INC		6,685			360,789
CARNIVAL CORP		(25,461	)		(1,387,115	)
CARNIVAL CORP		2,000			108,960
CAROLINA FINANCIAL CORP		6,045			108,810
CASCADE BANCORP		213,623			1,296,692
CASCADE MICROTECH INC		23,680			384,800
CASTLIGHT HEALTH INC-B		18,710			79,892
CATCHER TECHNOLOGY CO LTD		6,000			50,339
CATERPILLAR INC		(20,335	)		(1,381,967	)
CATHAY FINANCIAL HOLDING CO		122,000			171,706
CAVIUM INC		9,060			595,333
CBOE HOLDINGS INC		(1,898	)		(123,180	)
CBS CORP-CLASS B NON VOTING		3,697			174,240
CCR SA		43,162			136,918
CELADON GROUP INC		3,700			36,593
CELANESE CORP-SERIES A		(5,960	)		(401,287	)
CELGENE CORP		93,026			11,140,794
CENTERPOINT ENERGY INC		13,864			254,543
CENTRAL JAPAN RAILWAY CO		2,100			377,340
CEPHEID INC		54,824			2,002,721
CERNER CORP		21,913			1,318,505
CGX ENERGY INC		7,884			1,055
CHARTER COMMUNICATION A		18,087			3,311,730
CHENIERE ENERGY INC		(2,471	)		(92,045	)
CHESAPEAKE ENERGY CORP		(289,982	)		(1,304,919	)

22

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
CHESAPEAKE ENERGY CORP		2,500			11,250
CHEVRON CORP		(32,583	)		(2,931,167	)
CHICAGO BRIDGE & IRON CO		1,684			65,659
CHICO S FAS INC		49,695			530,246
CHIMERA INVESTMENT CORP		606,819			8,277,011
CHINA CONSTRUCTION BANK-H		34,000			23,294
CHINA FOODS LTD		263,460			116,260
CHINA MEDICAL TECH-SPON ADR		9,062			—
CHINA MENGNIU DAIRY CO		322,000			525,161
CHINA MERCHANTS BANK H		131,445			310,713
CHINA MOBILE LTD		222,000			2,506,290
CHINA MOBILE LTD		46,198			521,580
CHINA OVERSEAS LAND & INVEST		20,000			70,189
CHINA OVERSEAS LAND + INVEST		267,251			934,498
CHINA PETROCHEMICAL DEV CORP		235,000			56,648
CHINA PETROLEUM & CHEMICAL-H		52,000			31,399
CHINA PHARMACEUTICAL GROUP		252,000			257,511
CHINA RESOURCES BEER HOLDIN		177,377			380,380
CHINA TRADITIONAL CHINESE MEDICINE CO LTD		442,000			298,830
CHINA UNICOM HONG KONG LTD		662,000			807,161
CHIPOTLE MEXICAN GRILL INC		(984	)		(472,172	)
CHIPOTLE MEXICAN GRILL INC		4,869			2,336,390
CHUBB LTD		(3,130	)		(365,741	)
CHURCH & DWIGHT CO INC		(11,610	)		(985,457	)
CHURCHILL DOWNS INC		4,648			657,646
CIE GENERALE DES ETABLISSEMENT		45,600			4,352,548
CIENA CORP		54,575			1,129,157
CIGNA CORP		18,475			2,703,447
CIMAREX ENERGY CO		23,366			2,088,453
CIMB GROUP HOLDINGS BHD		66,495			70,313
CIMPOR-CIMENTOS DE PORTUGAL		70,702			26,723
CIMPRESS NV		(11,409	)		(925,726	)
CIRCOR INTERNATIONAL INC		7,260			306,009
CISCO SYSTEMS INC		46,098			1,251,791
CIT GROUP INC		36,376			1,444,127
CITIGROUP INC		194,055			10,042,346
CITIZENS FINANCIAL GROUP		4,622			121,050
CK HUTCHISON HOLDINGS LTD		136,000			1,835,443
CLAYTON WILLIAMS ENERGY INC		9,410			278,254
CLEAN HARBORS INC		(27,729	)		(1,154,913	)
CLOROX COMPANY		(6,258	)		(793,702	)
CNO FINANCIAL GROUP INC		32,453			619,528
COBALT INTERNATIONAL ENERGY		(31,052	)		(167,681	)
COBIZ FINANCIAL INC		85,359			1,145,518
COCA COLA HBC AG DI		47,093			1,005,062
COCA COLA ICECEK AS		16,230			206,514
COGNIZANT TECH SOLUTIONS A		21,552			1,293,551
COLOPLAST B		16,624			1,347,866
COLUMBIA SPORTSWEAR CO		(2,773	)		(135,211	)
COMCAST CORP-CLASS A		124,263			7,012,161
COMMERCIAL METALS CO		42,190			577,581
COMMSCOPE HOLDING CO INC		121,716			3,151,227
CONAGRA FOODS INC		(9,056	)		(381,801	)
CONCHO RESOURCES INC		8,848			821,625
CONFORMIS INC		38,785			670,593
CONOCOPHILLIPS		(20,353	)		(950,282	)
CONSOLIDATED EDISON INC		(9,182	)		(590,127	)
CONSTELLATION BRANDS INC-A		3,900			555,516
CORE LABORATORIES N.V.		(8,270	)		(899,280	)
CORP MOCTEZUMA SER		79,384			252,523
COSTCO WHOLESALE CORP		(4,537	)		(732,726	)
COSTCO WHOLESALE CORP		2,500			403,750
COTY INC-CL A		(27,730	)		(710,720	)
CRACKER BARREL OLD COUNTRY		(4,167	)		(528,501	)
CRANE CO		(1,028	)		(49,180	)
CREDICORP LTD		6,300			613,116
CREE INC		(47,209	)		(1,259,064	)
CROSS COUNTRY HEALTHCARE INC		30,921			506,795
CROWN HOLDINGS INC		(5,700	)		(288,990	)
CRRC CORP LTD - H		56,000			69,219
CS EUROREAL-A EUR		59,676			1,318,319
CSL LTD		33,600			2,574,375
CTRIP.COM INTERNATIONAL-ADR		(152,426	)		(7,061,897	)
CTRIP.COM INTERNATIONAL-ADR EXP		102,822			4,763,743
CU BANCORP		46,600			1,181,776
CUMMINS INC		(14,088	)		(1,239,885	)
CURTISS WRIGHT CORP		13,160			901,460

23

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
CVS HEALTH CORP		11,400			1,114,578
CVSL INC		93,085			92,154
CYPRESS SEMICONDUCTOR CORP		(15,989	)		(156,852	)
CYRUSONE INC		659			24,680
DABUR INDIA LTD		93,783			391,682
DALIAN WANDA COMMERCIAL PR-H		196,000			1,144,313
DANAHER CORP W/D		48,700			4,523,256
DASSAULT SYSTEMES SA		66,046			5,292,686
DBS GROUP HOLDINGS LTD		115,000			1,352,941
DECKERS OUTDOOR CORP		10,910			514,952
DEERE & CO		(11,094	)		(846,139	)
DEGI EUROPA		18,184			138,248
DEL TACO RESTAURANTS INC		49,373			525,822
DELPHI AUTOMOTIVE PLC		3,400			291,482
DELTA AIR LINES INC		160,019			8,111,363
DEMANDWARE INC		12,425			670,577
DENMARK TOPCO LIMITED SHARES ? CORY ENVIRONMENTAL		721			—
DENTSPLY INTERNATIONAL INC		26,450			1,609,483
DEPOSITORY RECEIPT		39,740			387,630
DEPOSITORY RECEIPT L		578			1,879
DEUTSCHE PFANDBRIEFBANK AG		39,827			484,513
DEXCOM INC		20,437			1,673,790
DIALOG AXIATA PLC		1,678,010			124,469
DIAMONDBACK ENERGY INC		9,523			637,089
DICERNA PHARMACEUTICALS INC		23,900			283,693
DIGITALGLOBE INC		15,226			238,439
DINEEQUITY INC		6,654			563,394
DISCOVER FINANCIAL SERVICES		2,773			148,688
DISCOVERY COMMUNICATIONS A		36,953			985,906
DISCOVERY COMMUNICATIONS C		66,751			1,683,460
DISCOVERY COMMUNICATIONS-A		(21,040	)		(561,347	)
DISCOVERY LTD		17,040			146,202
DISH NETWORK CORP		86,800			4,963,224
DISTELL GROUP LTD		8,606			91,633
DOLLAR GENERAL CORP		—			—
DOLLAR TREE INC		17,409			1,344,323
DOMINION RESOURCES INC/VA		(4,198	)		(283,953	)
DOMINOS PIZZA INC		(5,944	)		(661,270	)
DONALDSON CO INC		(3,414	)		(97,845	)
DOW CHEMICAL		175,088			9,013,530
DOW CHEMICAL CO/THE		138,800			7,145,424
DREAMWORKS ANIMATION SKG A		42,265			1,089,169
DSW INC CLASS A		7,675			183,126
DUNKIN BRANDS GROUP INC		(18,603	)		(792,302	)
DYNEGY INC		7,540			101,036
E MART INC		1,509			243,231
E*TRADE FINANCIAL CORP		162,281			4,810,009
EASTMAN CHEMICAL CO		(6,470	)		(436,790	)
EASTMAN CHEMICAL CO		60,560			4,088,406
EATON CORP PLC		(24,168	)		(1,257,703	)
EBAY INC		240,525			6,609,627
EBAY INC		172,173			4,731,314
ECOLAB INC		6,200			709,156
ELECTRONIC ARTS INC		(28,267	)		(1,942,508	)
ELECTRONIC ARTS INC		134,777			9,261,875
ELI LILLY + CO		15,600			1,314,456
ELIOR		177,100			3,711,639
ELSWEDY ELECTRIC CO		59,908			275,973
EMC CORP/MA		92,163			2,366,746
EME REORGANIZATION TRUST-TRU		1,221,192			3,664
EMERSON ELECTRIC CO		(100,515	)		(4,807,632	)
EMPIRE STATE REALTY TRUST INC		(3,766	)		(68,052	)
ENDO INTERNATIONAL PLC		183,317			11,222,667
ENDOCHOICE HOLDINGS INC		18,305			152,847
ENDOLOGIX INC		38,595			382,091
ENERGY TRANSFER EQUITY LP		507,251			6,969,629
ENI SPA-SPONSORED ADR		(18,302	)		(545,400	)
ENVESTNET INC		15,690			468,347
ENVISION HEALTHCARE HOLDINGS		47,235			1,226,693
EOG RESOURCES INC		12,395			877,442
EPAM SYSTEMS INC		14,830			1,165,935
EQUITY GROUP HOLDINGS LTD		800,315			312,929
ERICSSON (LM) TEL-SP ADR		32,990			317,034
ERICSSON LM-B SHS		147,440			1,437,510
ESTEE LAUDER COMPANIES CL A		2,700			237,762
ESTEE LAUDER COMPANIES-CL A		(34,172	)		(3,009,186	)
ESTERLINE TECHNOLOGIES CORP		9,455			765,855

24

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
EVERCORE PARTNERS INC CL A		11,165			603,692
EVERTEC INC		27,310			457,169
EXAR CORP		24,555			150,522
EXLSERVICE HOLDINGS INC		53,197			2,390,141
EXPEDITORS INTL WASH INC		(21,781	)		(982,323	)
EXPRESS SCRIPTS HOLDING CO		(7,394	)		(646,310	)
EXPRESS SCRIPTS HOLDING CO		9,575			836,951
EXXON MOBIL CORP		(50,570	)		(3,941,932	)
FABRINET		10,285			244,989
FACEBOOK INC		52,249			5,468,380
FACEBOOK INC A		86,097			9,010,912
FAMILYMART CO LTD		9,600			450,412
FANNIE MAE		22,270			36,523
FANUC CORP		18,300			3,206,817
FASTENAL CO		(31,860	)		(1,300,525	)
FCB FINANCIAL HOLDINGS INC		78,800			2,820,252
FCMB GROUP PLC		5,815,732			48,501
FEDEX CORP		6,200			923,738
FEI COMPANY		24,660			1,967,621
FERRARI NV		900			43,200
FERRO CORP		71,794			798,349
FERROGLOBE PLC		32,920			353,890
FIAT CHRYSLER AUTOMOBILES NV		(377,115	)		(5,275,839	)
FINANCIAL INSTITUTIONS INC		31,545			883,260
FINANCIAL SELECT SECTOR SPDR		(18,348	)		(437,233	)
FINTECH ACQUISITION CORP		4,818			49,144
FIRST AMERICAN FINANCIAL		(11,698	)		(419,958	)
FIRST AMERICAN FINANCIAL		18,859			677,038
FIRST CASH FINL SVCS INC		7,100			265,753
FIRST DATA CORP		901,911			14,161,757
FIRST FOUNDATION INC		28,300			667,597
FIRST MERCHANTS CORP		32,890			836,064
FIRST QUANTUM MINERALS LTD		(62,375	)		(233,207	)
FIRST QUANTUM MINERALS LTD		116,896			435,909
FISERV INC		(6,600	)		(603,636	)
FISERV INC		14,600			1,335,316
FIVE BELOW		59,678			1,915,664
FIVE PRIME THERAPEUTICS INC		15,005			622,708
FLEETCOR TECHNOLOGIES INC		77,449			11,069,786
FLEETMATICS GROUP PLC		15,554			789,988
FLOWSERVE CORP		400			16,832
FLUOR CORP		(18,486	)		(872,909	)
FNF GROUP		152,514			5,287,660
FOOT LOCKER INC		(17,140	)		(1,115,643	)
FORD MOTOR CO		(129,405	)		(1,823,316	)
FOREIGN SH. THB.1 A		56,100			34,765
FOREIGN SH. THB.5 A		907,312			1,185,040
FOREIGN SH. THB.95 A		5,059,401			340,246
FOREIGN SH. THB10.0 A		203,083			955,826
FOREIGN SH. THB3.55 A		180,100			217,712
FORTUNE BRANDS HOME + SECURI		68,010			3,774,555
FRANKLIN RESOURCES INC		12,525			461,171
FREDDIE MAC		23,669			38,344
FREEPORT-MCMORAN INC		(36,973	)		(250,307	)
FRESENIUS MEDICAL CARE AG +		24,020			2,028,203
FRESENIUS SE & CO KGAA		(26,830	)		(1,922,547	)
FRESHPET INC		88,173			748,589
FRONTIER COMMUNICATIONS CORP		(53,118	)		(248,061	)
FS INVESTMENT CORP		(47,500	)		(427,025	)
FTI CONSULTING INC		8,225			285,079
FUCHS PETROLUB SE		10,500			429,898
FUFENG GROUP LTD		(93,000	)		(41,997	)
G III APPAREL GROUP LTD		3,440			152,254
GALAXY ENTERTAINMENT GROUP LTD		175,000			552,061
GAMESTOP CORP-CLASS A		(41,268	)		(1,157,155	)
GAMING AND LEISURE PROPERTIE		(2,000	)		(55,600	)
GARTNER INC		23,250			2,108,775
GDR		219,017			5,829,191
GDR RUB.25		49,564			99,128
GEELY AUTOMOBILE HOLDINGS LTD		(250,000	)		(133,217	)
GENERAC HOLDINGS INC		48,580			1,446,227
GENERAL ELECTRIC CO		(207,508	)		(6,463,874	)
GENERAL MOTORS CO		(23,081	)		(784,985	)
GENOMMA LAB INTERNACIONAL B		317,804			255,588
GENTERA SAB DE CV		12,400			23,800
GILEAD SCIENCES INC		25,300			2,560,107
GLOBAL BRASS + COPPER HOLDIN		11,340			241,542

25

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
GLOBAL PAYMENTS INC		(19,200	)		(1,238,592	)
GLOBAL PAYMENTS INC		51,548			3,325,361
GLOBANT SA		14,034			526,415
GLOBUS MEDICAL INC A		41,726			1,160,817
GLYCOMIMETICS INC		25,655			146,747
GMX RESOURCES INC		8,746			—
GOGO INC		435			7,743
GOLDMAN SACHS GROUP INC		615,625			110,954,094
GOODYEAR TIRE + RUBBER CO		18,190			594,267
GOPRO INC-CLASS A		(22,200	)		(399,822	)
GREAT WESTERN BANCORP INC		(4,622	)		(134,130	)
GREAT WESTERN BANCORP INC		19,600			568,792
GRIFOLS SA		13,500			625,171
GRUPO FINANCIERO BANORTE O		217,157			1,191,958
GRUPO FINANCIERO INBURSA O		173,254			313,080
GUARANTY BANCORP		8,500			140,590
GUARANTY TRUST BANK		959,444			87,630
GUIDEWIRE SOFTWARE INC		30,529			1,836,625
GULFMARK OFFSHORE INC-CL A		(3,598	)		(16,803	)
GULFPORT ENERGY CORP		61,300			1,506,141
HAITONG SECURITIES CO LTD-H		18,400			32,524
HANESBRANDS INC		(23,108	)		(680,068	)
HANESBRANDS INC		35,700			1,050,651
HANOVER INSURANCE GROUP INC/		21,360			1,737,422
HARLEY-DAVIDSON INC		(14,813	)		(672,362	)
HARMAN INTERNATIONAL		4,753			447,780
HARMONIC INC		(9,259	)		(37,684	)
HARRIS CORP		55,459			4,819,387
HAWAIIAN ELECTRIC INDS		(5,546	)		(160,557	)
HD SUPPLY HOLDINGS INC		(12,016	)		(360,840	)
HD SUPPLY HOLDINGS INC		37,159			1,115,885
HD SUPPLY HOLDINGS INC		19,097			573,483
HEADWATERS INC		118,969			2,007,007
HEALTHSCOPE LTD		831,905			1,613,402
HEARTLAND PAYMENT SYSTEMS IN		34,946			3,313,580
HEARTWARE INTERNATIONAL INC		11,705			589,932
HEICO CORP CLASS A		12,318			606,046
HENRY SCHEIN INC		1,400			221,466
HERITAGE CRYSTAL CLEAN INC		38,605			409,213
HERO MOTOCORP LTD		12,437			505,385
HEWLETT PACKARD ENTERPRIS		—			—
HEXAGON RESOURCES LTD		183,140			8,412
HEXCEL CORP		(3,872	)		(179,854	)
HILL-ROM HOLDINGS INC		(435	)		(20,906	)
HILLTOP HOLDINGS INC		78,659			1,511,826
HILTON WORLDWIDE HOLDINGS IN		33,213			710,758
HILTON WORLDWIDE HOLDINGS INC		(56,221	)		(1,203,129	)
HILTON WORLDWIDE HOLDINGS INC		121,700			2,604,380
HOLOGIC INC		3,700			143,153
HOME DEPOT INC		13,900			1,838,275
HON HAI PRECISION INDUSTRY		65,100			159,895
HONEYWELL INTERNATIONAL INC		(4,134	)		(428,158	)
HORIZON BANCORP INDIANA		900			25,164
HOVNANIAN ENTERPRISES-A		(17,275	)		(31,268	)
HRG GROUP INC		585,766			7,942,987
HSN INC		36,175			1,832,987
HUANENG POWER INTL INC-H		1,290,000			1,113,489
HUBBELL INC		(9,783	)		(988,474	)
HUBBELL INC		5,204			525,812
HUBSPOT INC		22,840			1,286,120
HUMANA INC		23,108			4,125,009
HUMANA INC		1,500			267,765
HUNT (JB) TRANSPRT SVCS INC		4,400			322,784
HURON CONSULTING GROUP INC		30,963			1,839,202
HYATT HOTELS CORP - CL A		(13,816	)		(649,628	)
HYDRO ONE LTD		(4,815	)		(77,615	)
IBERIABANK CORP		12,020			661,941
IDACORP INC		8,705			591,940
IDEX CORP		(3,872	)		(296,634	)
IHS INC CLASS A		40,023			4,739,924
ILLINOIS TOOL WORKS		8,310			770,171
ILLUMINA INC		317			60,847
ILLUMINA INC		7,734			1,484,503
IMAX CORP		18,935			672,950
IMPERIAL OIL LTD		35,200			1,144,704
IMPRIVATA INC		42,000			474,600
INC RESEARCH HOLDINGS INC-A		1,304			63,257

26

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
INCYTE CORP		8,868			961,735
IND & COMM BK OF CHINA-H		78,000			47,099
IND + COMM BK OF CHINA H		2,149,000			1,297,694
INDRAPRASTHA GAS LTD		8,124			64,900
INDUSTRIAL SELECT SECT SPDR		(520	)		(27,565	)
INFOSYS LTD		45,129			755,149
INPHI CORP		9,545			257,906
INTEGRATED DEVICE TECH INC		5,300			139,655
INTERCONTINENTAL EXCHANGE IN		27,260			6,985,648
INTERFACE INC		8,370			160,202
INTERNATIONAL GAME TECHNOLOG		43,960			711,273
INTERSECT ENT INC		23,385			526,163
INTERSIL CORP A		16,965			216,473
INTERVAL LEISURE GROUP		(1,456	)		(22,728	)
INTL BUSINESS MACHINES CORP		(34,076	)		(4,689,539	)
INTL BUSINESS MACHINES CORP		4,910			675,714
INTL CONTAINER TERM SVCS INC		323,361			483,100
INTL FLAVORS & FRAGRANCES		(7,117	)		(851,478	)
INTUIT INC		36,324			3,505,266
INTUITIVE SURGICAL INC		1,950			1,065,012
INVENSENSE INC		10,730			109,768
INVENTURE FOODS INC		23,036			163,556
IPG PHOTONICS CORP		(11,265	)		(1,004,387	)
IRONWOOD PHARMACEUTICALS INC		37,405			433,524
ISHARES IBOXX $ INVESTMENT GRA		(6,100	)		(695,461	)
ISHARES IBOXX HIGH YIELD CORP BOND ETF		4,025			324,335
ISHARES JP MORGAN USD EMERGING MARKETS BOND ETF		(1,824	)		(192,943	)
ISHARES MSCI BRAZIL		(14,470	)		(299,240	)
ISHARES MSCI BRAZIL CAPPED ETF		(97,200	)		(2,010,096	)
ISHARES NASDAQ BIOTECHNOLOGY		(4,109	)		(1,390,198	)
ISHARES RUSSELL 2000 ETF		47,248			5,315,872
J2 GLOBAL INC		9,025			742,938
JABIL CIRCUIT INC		(24,190	)		(563,385	)
JACK IN THE BOX INC		(6,743	)		(517,256	)
JAMBA INC		90,881			1,225,985
JAMES RIVER GROUP HOLDINGS L		46,525			1,560,449
JANUS CAPITAL GROUP INC		(29,600	)		(417,064	)
JARDEN CORP		15,790			901,925
JARDINE MATHESON HLDGS LTD		800			38,984
JD.COM INC-ADR		69,257			2,234,577
JGC CORP		85,000			1,316,389
JINKOSOLAR HOLDING CO-ADR		(999	)		(27,642	)
JOHNSON CONTROLS INC		(26,467	)		(1,045,182	)
JPMORGAN CHASE & CO		129,894			8,576,901
JUNIPER NETWORKS INC		17,640			486,864
JUST ENERGY GROUP INC		(19,873	)		(141,991	)
KAISER ALUMINUM CORP		12,745			1,066,247
KANSAS CITY SOUTHERN		34,330			2,563,421
KAR AUCTION SERVICES INC		72,680			2,691,340
KATE SPADE & CO		96,642			1,717,328
KDDI CORP		7,300			191,533
KENNEDY WILSON HOLDINGS INC		82,309			1,982,001
KERING		(10,500	)		(1,801,270	)
KEYENCE CORP		5,100			2,843,909
KILROY REALTY CORP		(47,700	)		(3,018,456	)
KIMBERLY CLARK CORP		(11,535	)		(1,468,406	)
KIMBERLY CLARK CORP		9,610			1,223,353
KINDER MORGAN INC		9,570			142,784
KIWOOM SECURITIES CO LTD		3,434			181,577
KKR & CO LP		84,939			1,324,199
KNIGHT TRANSPORTATION INC		22,310			540,571
KONE OYJ B		39,700			1,689,250
KOREA ELECTRIC POWER CORP		13,489			573,579
KORN/FERRY INTERNATIONAL		4,788			158,866
KOSE CORP		3,100			290,633
KOSMOS ENERGY LTD		32,957			171,376
KOTAK MAHINDRA BANK LTD		128,857			1,394,212
KRAFT HEINZ CO/THE		13,200			960,432
KROGER CO		(40,440	)		(1,691,605	)
KROGER CO		300			12,549
KUKA AG		(6,240	)		(562,904	)
L BRANDS INC		49,873			4,778,831
L OREAL		17,800			3,002,903
L-3 COMMUNICATIONS HOLDINGS		(2,254	)		(269,376	)
LABORATORY CRP OF AMER HLDGS		36,973			4,571,342
LACLEDE GROUP INC/THE		19,745			1,173,050
LAFARGE MALAYSIA BHD		33,697			69,694

27

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
LAKELAND BANCORP INC		113,421			1,337,234
LANDSTAR SYSTEM INC		(7,857	)		(460,813	)
LAS VEGAS SANDS CORP		400			17,536
LATTICE SEMICONDUCTOR CORP		14,290			92,456
LENNAR CORP - B SHS		8,854			355,754
LENNAR CORP-CL A		(56,992	)		(2,787,479	)
LEVEL 3 COMMUNICATIONS INC		33,866			1,840,956
LIBERTY GLOBAL PLC-A		14,320			606,595
LIBERTY GLOBAL PLC-SERIES C		96,482			3,933,571
LIBERTY INTERACTIVE CORP Q-A		239,122			6,532,813
LIBERTY MEDIA CORP - A		800			31,400
LINDBLAD EXPEDITIONS HOLDING		51,175			568,554
LINDE AG		9,000			1,309,100
LINDSAY CORP		(3,983	)		(288,369	)
LINEAR TECHNOLOGY CORP		14,580			619,213
LINKEDIN CORP A		10,658			2,398,903
LINX SA		11,400			127,651
LIXIL GROUP CORP		(10,500	)		(235,837	)
LKQ CORP		158,705			4,702,429
LOCKHEED MARTIN CORP		(1,270	)		(275,781	)
LOCKHEED MARTIN CORP		900			195,435
LOEWS CORP		15,150			581,760
LONGFOR PROPERTIES		321,967			480,241
LONGTOP FINANCIAL-SPON ADR		38,622			—
LORAL SPACE & COMMUNICATIONS I		83,300			3,391,143
LOUIS XIII HOLDINGS LTD		5,479,000			1,491,625
LOUISIANA PACIFIC CORP		24,500			441,245
LOWE S COS INC		28,700			2,182,348
LPL FINANCIAL HOLDINGS INC		(27,803	)		(1,185,798	)
LSR GROUP PJSC		2,302			21,118
LTD PART		2,730			44,062
LULULEMON ATHLETICA INC		10,902			572,028
LUNDIN MINING CORP		(56,856	)		(156,243	)
LUPIN LTD		51,411			1,423,830
LVMH MOET HENNESSY LOUIS VUI		7,800			1,227,758
LYONDELLBASELL INDU-CL A EXP		374			32,492
M3 INC		74,000			1,551,419
MACQUARIE INFRASTRUCTURE CORP		363			26,354
MAGNIT PJSC		334			51,206
MARITIME FINANCE CO.		188,000			2,752,320
MARKET VECTORS AGRIBUSINESS ETF		(4,051	)		(188,331	)
MARKET VECTORS SEMICONDUCTOR		(16,643	)		(886,739	)
MARKETAXESS HOLDINGS INC		6,045			674,562
MARKETO INC		24,930			715,740
MARRIOTT INTERNATIONAL CL A		6,100			408,944
MARRIOTT INTERNATIONAL-CL A		(20,391	)		(1,367,013	)
MARSH + MCLENNAN COS		27,575			1,529,034
MASONITE INTERNATIONAL CORP		28,286			1,731,952
MASTERCARD INC CLASS A		101,899			9,920,887
MATERIALS SELECT SECTOR SPDR		(6,631	)		(287,918	)
MAXIM INTEGRATED PRODUCTS		5,546			210,748
MCDONALDS CORP		87,809			10,373,755
MCGRAW HILL FINANCIAL INC		37,553			3,701,975
MCKESSON CORP		45,254			8,925,446
MEAD JOHNSON NUTRITION CO		(9,200	)		(726,340	)
MEDIATEK INC		117,644			895,394
MEDTRONIC PLC		23,947			1,842,003
MEIJI HOLDINGS CO LTD		5,600			468,181
MENS WEARHOUSE INC THE		2,356			34,586
MERCK & CO. INC.		—			—
MERITAGE HOMES CORP		(1,101	)		(37,423	)
MERITOR INC		(1,410	)		(11,774	)
METHANEX CORP		(18,486	)		(610,223	)
METLIFE INC		23,100			1,113,651
METTLER-TOLEDO INTERNATIONAL		(1,886	)		(639,599	)
MGIC INVESTMENT CORP		(5,691	)		(50,252	)
MGIC INVESTMENT CORP		210,210			1,856,154
MGM RESORTS INTERNATIONAL		493,517			11,212,706
MICHAELS COS INC/THE		39,777			879,469
MICRON TECHNOLOGY INC		9,379			132,807
MICROSOFT CORP		251,255			13,939,627
MIDDLEBY CORP		(1,338	)		(144,330	)
MIDDLEBY CORP		35,538			3,833,484
MILACRON HOLDINGS CORP		19,830			248,073
MILLAB CORP CLAIM		0			—
MILLAB EQUITY		1,925			5,776
MILLAB LEND CLAIM		0			—

28

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
MISUMI GROUP INC		142,300			1,994,412
MITSUBISHI CORP		19,800			334,036
MITSUBISHI ESTATE CO LTD		20,000			419,849
MITSUBISHI ESTATE CO LTD		61,800			1,296,415
MITSUBISHI UFJ FINANCIAL GROUP		99,800			628,555
MITSUI OSK LINES LTD		(1,000	)		(2,554	)
MITSUMI ELECTRIC CO LTD		(1,200	)		(6,878	)
MIZUHO FINANCIAL GROUP INC		278,000			563,123
MKS INSTRUMENTS INC		48,400			1,742,400
MOBILEYE NV		13,884			587,016
MOLSON COORS BREWING CO B		500			46,960
MONARCH CASINO + RESORT INC		23,336			530,194
MONGOLIAN MINING CORP		1,892,032			42,722
MONOLITHIC POWER SYSTEMS INC		10,235			652,072
MONOTARO CO LTD		48,300			1,355,106
MONRO MUFFLER BRAKE INC		(2,686	)		(177,867	)
MONSTER BEVERAGE CORP		11,363			1,692,632
MOOG INC CLASS A		4,430			268,458
MORGAN STANLEY		87,720			2,790,373
MOSCOW EXCHANGE MICEX RTS PJ		127,370			159,677
MOTOROLA SOLUTIONS INC		136,919			9,372,106
MTN GROUP LTD		115,700			992,248
MTU AERO ENGINES AG		10,859			1,062,734
MULTI PACKAGING SOLUTIONS IN		4,603			79,862
MYRIAD GENETICS INC		(26,033	)		(1,123,584	)
NASPERS LTD N SHS		9,000			1,231,325
NATIONAL BANK OF CANADA		(19,010	)		(553,720	)
NATIONAL CINEMEDIA INC		43,048			676,284
NATIONAL ENERGY		27,154			—
NATIONAL GENERAL HLDGS		26,730			584,318
NAVER CORP		1,170			656,569
NAVIENT CORP		797,000			9,125,650
NCI BUILDING SYSTEMS INC		37,928			470,686
NELNET INC CL A		22,450			753,647
NESTLE NIGERIA PLC		53,825			234,175
NETAPP INC		(41,593	)		(1,103,462	)
NETFLIX INC		(5,580	)		(638,240	)
NETFLIX INC		18,321			2,095,556
NETSCOUT SYSTEMS INC		25,995			798,047
NEW MEDIA INVESTMENT GROUP INC		180,378			3,510,156
NEW RESIDENTIAL INVESTMENT COR		285,757			3,474,805
NEW SENIOR INVESTMENT GROUP IN		268,322			2,645,655
NEWELL RUBBERMAID INC		37,560			1,655,645
NEWFIELD EXPLORATION CO		6,148			200,179
NEWMONT MINING CORP		(19,657	)		(353,629	)
NEXTERA ENERGY INC		23,108			2,400,690
NH FOODS LTD		133			2,631
NIDEC CORP		(5,000	)		(367,565	)
NIELSEN HOLDINGS PLC		6,007			279,926
NIGERIAN BREWERIES PLC		739,609			505,334
NIKE INC CL B		32,629			2,039,313
NIKE INC -CL B		—			—
NIMBLE STORAGE INC		53,107			488,584
NIPPON TELEGRAPH & TELEPHONE		31,300			1,259,187
NIVALIS THERAPEUTICS INC		13,800			106,812
NOBLE ENERGY INC		16,450			541,699
NORDIC AMERICAN OFFSHORE LTD		155,000			816,850
NORDSON CORP		(1,350	)		(86,603	)
NORDSTROM INC		(9,854	)		(490,828	)
NORTHERN TRUST CORP		2,400			173,016
NORTHLAND POWER INC		(2,340	)		(31,577	)
NORTHROP GRUMMAN CORP		(3,954	)		(746,555	)
NORTHROP GRUMMAN CORP		200			37,762
NORWEGIAN CRUISE LINE HOLDIN		17,281			1,012,667
NOVAVAX INC		87,187			731,499
NOVO NORDISK A/S B		32,600			1,897,688
NRG YIELD INC CLASS C		16,515			243,761
NTT DOCOMO INC		70,600			1,458,868
NVDR THB10.0		73,700			351,742
NVIDIA CORP		8,701			286,785
NXP SEMICONDUCTORS NV		(2,773	)		(233,625	)
NXP SEMICONDUCTORS NV		19,592			1,650,660
O REILLY AUTOMOTIVE INC		6,700			1,697,914
OCI NV		14,144			350,314
OCULAR THERAPEUTIX INC		17,325			162,335
ODONTOPREV S.A.		36,900			88,140
OFFICE DEPOT INC		142,898			805,945

29

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
OLD REPUBLIC INTL CORP		61,489			1,145,540
OMNICOM GROUP		(21,869	)		(1,654,609	)
OMNOVA SOLUTIONS INC		86,720			531,594
ONEBEACON INSURANCE GROUP A		23,047			286,013
ONEMAIN HOLDINGS INC		125,100			5,196,654
OPAP SA		28,177			247,930
OPKO HEALTH INC		(144,457	)		(1,451,793	)
ORASCOM CONSTRUCTION LTD		4,905			34,335
ORION ENGINEERED CARBONS SA		28,900			364,140
ORIX CORP		14,100			201,219
OTONOMY INC		18,035			500,471
OTP BANK PLC		(38,905	)		(803,712	)
OTP BANK PLC		16,577			341,911
OWENS-ILLINOIS INC		(6,969	)		(121,400	)
OZNER WATER INTERNATIONAL HOLDING LTD		2,097,000			622,295
PACCAR INC		(52,739	)		(2,499,829	)
PACIFIC BIOSCIENCES OF CALIF		71,127			933,898
PACWEST BANCORP		26,946			1,161,373
PALO ALTO NETWORKS INC		(3,593	)		(632,871	)
PALO ALTO NETWORKS INC		9,709			1,710,143
PANDORA MEDIA INC		11,337			152,029
PANERA BREAD CO		(4,493	)		(875,147	)
PAPA JOHN S INTL INC		8,855			494,729
PARATEK PHARMACEUTICALS INC		6,900			130,893
PARK24 CO LTD		16,397			399,242
PARKER HANNIFIN CORP		7,380			715,712
PATRIOT COAL CORP - A		1,008			—
PATTERN ENERGY GROUP INC		19,380			405,236
PAYCHEX INC		(34,063	)		(1,801,592	)
PAYPAL HOLDINGS INC		(4,063	)		(147,081	)
PAYPAL HOLDINGS INC		150,523			5,448,933
PBF ENERGY INC-CLASS A		(1,207	)		(44,430	)
PDC ENERGY INC		24,968			1,332,792
PDF SOLUTIONS INC		12,505			135,554
PENN NATIONAL GAMING INC		(3,000	)		(48,060	)
PENNYMAC FINANCIAL SERVICES IN		144,800			2,224,128
PENTAIR PLC		(79,794	)		(3,952,197	)
PEOPLES UNITED FINANCIAL		(11,901	)		(192,201	)
PERFORMANCE SPORTS GROUP LTD		81,376			783,651
PERRIGO CO PLC		100			14,470
PETROCHINA CO LTD-H		6,000			3,933
PFIZER INC		365,803			11,808,121
PHILIP MORRIS INTERNATIONAL		8,095			711,631
PHILLIPS 66-W/I		(4,028	)		(329,490	)
PHS TOPCO EQUITY		9,397			—
PICK N PAY HOLDINGS LTD		13,704			24,763
PICK N PAY STORES LTD		71,555			300,157
PILGRIM’S PRIDE CORP		(32,219	)		(711,718	)
PINNACLE FOODS INC		41,484			1,761,411
PIONEER NATURAL RESOURCES CO		1,050			131,649
PLATFORM SPECIALTY PRODUCTS CO		140,235			1,799,215
PLATINUM GROUP METALS LTD		188,500			26,461
PNC FINANCIAL SERVICES GROUP		6,235			594,258
PNM RESOURCES INC		26,295			803,838
POLARIS INDUSTRIES INC		(5,355	)		(460,262	)
POPEYES LOUISIANA KITCHEN IN		5,245			306,833
PORTLAND GENERAL ELECTRIC CO		19,925			724,672
PORTOLA PHARMACEUTICALS INC		23,760			1,222,452
POST HOLDINGS INC		25,240			1,557,308
POWER ASSETS HOLDINGS LTD		27,000			248,384
PPG INDUSTRIES INC		100			9,882
PPL CORPORATION		(40,898	)		(1,395,849	)
PRA HEALTH SCIENCES INC		22,526			1,019,752
PRAXAIR INC		(7,061	)		(723,046	)
PRAXAIR INC		5,815			595,456
PRICELINE GROUP INC/THE		3,750			4,781,063
PRICELINE.COM INC		(98	)		(124,945	)
PRIMERICA INC		11,677			551,505
PRIVATE COMP USD.001		13,200			535,260
PRIVATEBANCORP INC		35,805			1,468,721
PROCTER + GAMBLE CO/THE		18,445			1,464,717
PROGRESSIVE CORP		30,450			968,310
PROTO LABS INC		(6,790	)		(432,455	)
PROVIDENT FINANCIAL SERVICES		16,000			322,400
PTC THERAPEUTICS INC		12,716			411,998
PURE STORAGE INC		1,079			16,800
PURE STORAGE INC - CLASS A		(5,543	)		(86,305	)

30

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
PVH CORP		200			14,730
QANTAS AIRWAYS LTD		243,600			726,420
QIHOO 360 TECHNOLOGY CO-ADR		(334	)		(24,319	)
QINHUANGDAO PORT CO LTD H		226,000			106,728
QLIK TECHNOLOGIES INC		6,470			204,840
QUALCOMM INC		924			46,186
QUALCOMM INC		140,285			7,012,146
QUALICORP SA		419,300			1,497,557
QUIDEL CORP		39,900			845,880
RADIAN GROUP INC		127,189			1,703,061
RADWARE LTD		28,815			442,022
RALPH LAUREN CORP		(924	)		(103,008	)
RAMAYANA LESTARI SENTOSA PT		1,614,097			75,524
RASPADSKAYA		80,966			33,213
REALOGY HOLDINGS CORP		(3,176	)		(116,464	)
REALOGY HOLDINGS CORP		144,030			5,281,580
RED HAT INC		3,492			289,173
RED HAT INC		11,445			947,760
REGENERON PHARMACEUTICALS		12,314			6,684,901
REGULUS THERAPEUTICS INC		23,670			206,402
RELYPSA INC		13,885			393,501
REPUBLIC SERVICES INC		(55,459	)		(2,439,641	)
RESTAURANT BRANDS INTERNATIONAL INC		(31,854	)		(1,190,065	)
REVLON INC CLASS A		34,195			951,989
REXNORD CORP		18,700			338,844
RIGHT		17,483			663
RIGHTSIDE GROUP LTD		3,340			27,722
RIO TINTO PLC-SPON ADR		(25,880	)		(753,626	)
RMR GROUP INC/THE A		2,501			36,040
ROCHE HOLDING AG GENUSSCHEIN		15,950			4,404,176
ROCKWELL COLLINS INC		700			64,610
ROGERS COMMUNICATIONS INC-B		(21,470	)		(740,334	)
ROGERS CORP		32,303			1,665,866
ROPER TECHNOLOGIES INC		7,888			1,497,064
ROSS STORES INC		17,500			941,675
ROYAL BAFOKENG PLATINUM LTD		23,027			39,603
ROYAL BANK OF CANADA		(81,205	)		(4,353,062	)
ROYAL CARIBBEAN CRUISES LTD		(15,424	)		(1,561,063	)
ROYAL CARIBBEAN CRUISES LTD		9,900			1,001,979
RPM INTERNATIONAL INC		(4,006	)		(176,504	)
RPM INTERNATIONAL INC		33,822			1,490,197
RREEF CHINA COMMERCIAL TRUST		798,800			1,299
RSP PERMIAN INC		46,645			1,137,672
RUCKUS WIRELESS INC		128,160			1,372,594
RUMO LOGISTICA OPERADORA MUL		48,660			76,749
RYANAIR HOLDINGS PLC-SP ADR		3,132			270,793
SABMILLER PLC		68,900			4,164,135
SABRE CORP		111,047			3,105,985
SAFARICOM LTD		2,554,500			412,016
SALESFORCE.COM INC		31,750			2,489,200
SAMSUNG ELECTRONICS CO LTD		2,050			2,202,891
SAMSUNG FIRE + MARINE INS		9,856			2,584,726
SAMSUNG SDI CO LTD PFD		2,034			197,754
SANDERSON FARMS INC		(12,983	)		(1,006,442	)
SANDERSON FARMS INC		10,015			776,363
SANDISK CORP		(14,422	)		(1,095,928	)
SANDRIDGE ENERGY INC		3,932			786
SANDS CHINA LTD		400,000			1,365,135
SANTANDER CONSUMER USA HOLDI		119,325			1,891,301
SASOL LTD		43,300			1,171,954
SAUR SPV 1 EQUITY		146			—
SBERBANK OF RUSSIA PJSC		662,922			921,564
SBI HOLDINGS INC		(19,400	)		(213,189	)
SCANA CORP		(5,271	)		(318,843	)
SCHLUMBERGER LTD		39,100			2,727,225
SCRIPPS NETWORKS INTER-CL A		(7,683	)		(424,178	)
SEACOAST BANKING CORP/FL		73,320			1,098,334
SEALED AIR CORP		(9,272	)		(413,531	)
SEATTLE GENETICS INC		28,845			1,294,564
SEMEN INDONESIA PERSERO TBK		402,076			332,511
SEMGROUP CORP CLASS A		13,280			383,261
SEMICONDUCTOR MANUFACTURING		548,000			55,857
SEMTECH CORP		204			3,860
SENSATA TECHNOLOGIES HOLDING		(27,731	)		(1,277,290	)
SENSATA TECHNOLOGIES HOLDING		42,087			1,938,527
SERVICENOW INC		27,543			2,384,122
SEVEN & I HOLDINGS CO LTD		29,600			1,366,609

31

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
SFX ENTERTAINMENT INC		42,109			8,005
SHAKE SHACK INC-CLASS A		(3,722	)		(147,391	)
SHERWIN WILLIAMS CO/THE		2,600			674,960
SHIGA BANK LTD/THE		(82,000	)		(414,059	)
SHINHAN FINANCIAL GROUP LTD		40,626			1,370,311
SHOPIFY INC-CLASS A		1,292			33,334
SIGNET JEWELERS LTD		22,480			2,780,551
SILICON LABORATORIES INC		4,610			223,769
SINA CORP		(179	)		(8,843	)
SIRIUS XM HOLDINGS INC		1,839,574			7,487,066
SIRONA DENTAL SYSTEMS INC		14,479			1,586,464
SK INNOVATION CO LTD		1,505			166,389
SKECHERS USA INC-CL A		(18,100	)		(546,801	)
SKYWORKS SOLUTIONS INC		(14,977	)		(1,150,683	)
SMITH (A.O.) CORP		(4,113	)		(315,097	)
SNAM SPA		70,795			371,381
SNAP-ON INC		(935	)		(160,287	)
S-OIL CORPORATION		2,247			151,729
SOLAR CAPITAL LTD		37,240			611,853
SOLARCITY CORP		(174	)		(8,877	)
SONOVA HOLDING AG REG		10,800			1,373,467
SONY CORP-SPONSORED ADR		4,622			113,747
SOUFUN HOLDINGS LTD-ADR		225,859			1,669,098
SOUTH JERSEY INDUSTRIES		25,755			605,758
SOUTHERN CO		(18,736	)		(876,657	)
SOUTHWEST GAS CORP		11,375			627,445
SPDR S&P 500 ETF TRUST		11,300			2,303,731
SPDR S&P BIOTECH ETF		(4,583	)		(321,727	)
SPDR S&P OIL & GAS EXPLORATION		(11,061	)		(334,263	)
SPECTRUM BRANDS HOLDINGS INC		(4,910	)		(499,838	)
SPIRIT AEROSYSTEMS HOLD-CL A		(3,697	)		(185,109	)
SPLUNK INC		(1,900	)		(111,739	)
STANDARD BANK GROUP LTD		43,814			320,925
STANLEY BLACK & DECKER INC		(3,962	)		(422,864	)
STAPLES INC		(36,865	)		(349,112	)
STARBUCKS CORP		32,900			1,974,987
STARWOOD HOTELS & RESORTS		147,459			10,215,960
STATE STREET CORP		(11,341	)		(752,589	)
STATE STREET CORP		10,400			690,144
STERLING CONSTRUCTION CO		44,631			271,356
STEVEN MADDEN LTD		21,077			636,947
STEWART INFORMATION SERVICES		17,925			669,140
STRYKER CORP		(5,546	)		(515,445	)
STRYKER CORP		12,740			1,184,056
SUMITOMO METAL MINING CO LTD		(5,000	)		(61,538	)
SUMITOMO MITSUI FINANCIAL GROUP INC		15,000			574,745
SUMMIT MATERIALS INC CL A		70,075			1,404,305
SUN PHARMACEUTICAL INDUS		153,278			1,897,780
SUNEDISON SEMICONDUCTOR LTD		19,860			155,702
SUNPOWER CORP		200			6,002
SUZUKI MOTOR CORP		11,200			345,010
SWIFT TRANSPORTATION CO		40,216			555,785
SWISS LIFE HOLDING AG-REG		2,400			649,885
SYMRISE AG		24,930			1,660,906
SYNAPTICS INC		4,105			329,796
SYNCHRONY FINANCIAL		87,087			2,648,316
SYNERGY RESOURCES CORP		19,880			169,378
SYNTEL INC		10,088			456,482
SYSCO CORP		29,880			1,225,080
SYSMEX CORP		56,400			3,671,075
T MOBILE US INC		1,600			62,592
TAIWAN SEMICONDUCTOR MANUFAC		895,596			3,898,993
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD		142,000			617,260
TAIWAN SEMICONDUCTOR-SP ADR		(15,489	)		(352,375	)
TAKE-TWO INTERACTIVE SOFTWARE		(1,732	)		(60,343	)
TALLINK GROUP AS		201,320			187,421
TARGA RESOURCES CORP		89,326			2,417,162
TARGA RESOURCES PARTNERS LP		53,246			880,156
TARGET CORP		(24,416	)		(1,772,846	)
TATA CONSULTANCY SVCS LTD		37,292			1,369,781
TATA MOTORS LTD-SPON ADR		13,915			410,075
TD AMERITRADE HOLDING CORP		102,048			3,542,086
TEAM HEALTH HOLDINGS INC		35,687			1,566,302
TECK RESOURCES LTD-CLS B		(48,195	)		(186,033	)
TEGNA INC		(26,280	)		(670,666	)
TEGNA INC		16,735			427,077
TELADOC INC		37,694			676,984

32

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
TELEDYNE TECHNOLOGIES INC		13,744			1,219,093
TELESITES SAB DE CV		12,735			8,288
TENCENT HOLDINGS LTD		95,400			1,877,105
TENNECO INC		5,317			244,103
TERADATA CORP		7,211			190,515
TEREX CORP		(9,090	)		(167,983	)
TERRAFORM GLOBAL INC		301,754			1,669,937
TESARO INC		16,591			868,041
TESLA MOTORS INC		(11,151	)		(2,676,352	)
TESLA MOTORS INC		2,500			600,025
TETRAPHASE PHARMACEUTICALS I		32,575			326,727
TEVA PHARMACEUTICAL-SP ADR		50,890			3,340,420
TEXAS CAPITAL BANCSHARES INC		(1,165	)		(57,574	)
TEXAS INSTRUMENTS INC		(5,546	)		(303,976	)
TEXAS ROADHOUSE INC		19,915			712,360
TEXTRON INC		60,929			2,559,627
THAI BEVERAGE PCL		2,246,209			1,092,506
THAI OIL PCL-FRGN		23,000			42,094
THE WENDYS CO		(52,588	)		(566,373	)
THERMO FISHER SCIENTIFIC INC		14,800			2,099,380
THOMSON REUTERS CORP		(46,062	)		(1,745,812	)
THUNDERBIRD RESOURCES LP		11,123			600,634
THUNDERBRID RESOURCES EQUITY I		19			868,634
TIFFANY + CO		9,332			711,938
TIME INC		(1,864	)		(29,209	)
TIME WARNER CABLE		27,916			5,180,930
TIME WARNER INC		154,402			9,985,177
TIME WARNER INC		200			12,934
TINGYI (CAYMAN ISLN) HLDG CO		618,000			885,118
TJX COMPANIES INC		15,630			1,108,323
TMW IMMOBILIEN WELTFONDS		1,852			12,159
TOHO HOLDINGS CO LTD		(10,400	)		(255,393	)
TOPBUILD CORP		45,750			1,407,728
TOREX GOLD RESOURCES INC		143,497			130,161
TOTAL SA-SPON ADR		(4,535	)		(203,848	)
TOTAL SYSTEM SERVICES INC		(26,000	)		(1,294,800	)
TOTVS SA		27,167			213,079
TOWERS WATSON & CO-CL A		(1,668	)		(214,271	)
TOYOTA MOTOR CORP		11,900			741,263
TRACTEBEL ENERGIA SA		35,354			299,275
TRACTOR SUPPLY COMPANY		38,855			3,322,103
TRANSDIGM GROUP INC		10,526			2,404,665
TRANSOCEAN LTD		(18,500	)		(229,030	)
TRANSOCEAN PARTNERS LLC		62,700			553,641
TRAVELERS COS INC/THE		(9,720	)		(1,096,999	)
TREVENA INC		30,405			319,253
TRIBUNE MEDIA CO		176,920			5,981,665
TRINA SOLAR LTD - SPON ADR		8,181			90,155
TRINET GROUP INC		29,250			565,988
TRIPADVISOR INC		50,610			4,314,503
TRIUMPH GROUP INC		1,100			43,725
TRIVASCULAR TECHNOLOGIES INC		51,830			344,670
TSINGTAO BREWERY CO LTD H		88,000			398,547
TUESDAY MORNING CORP		151,065			981,923
TULLOW OIL PLC		231,844			566,222
TUMI HOLDINGS INC		14,632			243,330
TURKIYE GARANTI BANKASI		371,582			906,406
TWENTY FIRST CENTURY FOX B		21,400			582,722
TWITTER INC		16,225			375,447
TWRFIN CO		81,959			78,834
TYSON FOODS INC-CL A		(13,980	)		(745,553	)
UGI CORP		(2,700	)		(91,152	)
ULKER BISKUVI SANAYI		40,936			246,835
ULTA SALON COSMETICS + FRAGR		9,056			1,675,360
ULTRA PETROLEUM CORP		500			1,250
ULTRAGENYX PHARMACEUTICAL IN		1,000			112,180
ULTRAPAR PARTICIPACOES SA		19,208			293,491
ULTRATECH INC		6,845			135,668
UNICHARM CORP		73,200			1,507,265
UNILEVER PLC		48,500			2,091,984
UNION PACIFIC CORP		(16,990	)		(1,328,618	)
UNION PACIFIC CORP		1,200			93,840
UNIT		109,274			404,863
UNIT BRL1.0		42,470			161,024
UNITED BANK FOR AFRICA PLC		3,047,302			51,745
UNITED COMMUNITY BANKS/GA		99,715			1,943,445
UNITED CONTINENTAL HOLDINGS		144,400			8,274,120

33

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
UNITED MICROELECTRONICS CORP		2,000			736
UNITED MICROELECTRON - SP ADR		(85,841	)		(161,381	)
UNITED PARCEL SERVICE CL B		5,990			576,418
UNITED TECHNOLOGIES CORP		(4,290	)		(412,140	)
UNITED TECHNOLOGIES CORP		13,890			1,334,412
UNITEDHEALTH GROUP INC		30,690			3,610,372
UNIVERSAL HEALTH SERVICES-B		4,662			557,062
UNIVERSAL ROBINA CORP		153,860			608,181
US CONCRETE INC		19,610			1,032,663
VALE SA-SP ADR		(109,086	)		(358,893	)
VALEANT PHARMACEUTICALS INTERN		60,777			6,177,982
VANTIV INC		(27,900	)		(1,323,018	)
VANTIV INC CL A		15,740			746,391
VERINT SYSTEMS INC		12,365			501,524
VERISIGN INC		(20,532	)		(1,793,676	)
VERISK ANALYTICS INC		19,877			1,528,144
VERIZON COMMUNICATIONS INC		(48,065	)		(2,221,564	)
VERSO CORP RESTRICTED		1,299			26
VERTEX PHARMACEUTICALS INC		11,700			1,472,211
VF CORP		14,550			905,738
VIENNA INSURANCE GROUP AG		9,277			254,863
VIOLIN MEMORY INC		213,655			192,311
VIPSHOP HOLDINGS LTD-ADR		(11,885	)		(181,484	)
VISA INC CLASS A SHARES		162,995			12,640,262
VISUAL PHOTONICS EPITAXY CO		19,000			27,290
VITAL KSK HOLDINGS INC		(800	)		(6,569	)
VMWARE INC - CLASS A		(9,280	)		(524,970	)
VULCAN MATERIALS CO		5,219			495,648
WABCO HOLDINGS INC		(2,724	)		(278,556	)
WABTEC CORP		(11,030	)		(784,454	)
WABTEC CORP		7,300			519,176
WAGEWORKS INC		20,625			935,756
WALGREENS BOOTS ALLIANCE INC		267,028			22,738,769
WALT DISNEY CO.		(10,373	)		(1,089,995	)
WALT DISNEY CO/THE		(17,400	)		(1,828,392	)
WALT DISNEY CO/THE		21,000			2,206,680
WASTE CONNECTIONS INC		58,488			3,294,044
WASTE MANAGEMENT INC		(60,082	)		(3,206,576	)
WATERS CORP		(5,545	)		(746,246	)
WATSCO INC		10,380			1,215,809
WATTS WATER TECHNOLOGIES A		22,150			1,100,191
WAYFAIR INC CLASS A		20,165			960,257
WELLCARE HEALTH PLANS INC		16,671			1,303,839
WELLS FARGO + CO		10,860			590,350
WEST CHINA CEMENT LTD		590,938			121,998
WEST CORP		9,050			195,209
WESTERN ALLIANCE BANCORP		50,888			1,824,844
WESTERN UNION CO		(87,321	)		(1,563,919	)
WESTPORTS HOLDINGS BHD		144,600			138,757
WGL HOLDINGS INC		5,680			357,783
WH GROUP LTD		1,078,500			601,165
WHIRLPOOL CORP		5,135			754,177
WHITEWAVE FOODS CO		51,070			1,987,134
WILLIAMS SONOMA INC		14,437			843,265
WINGSTOP INC		31,635			721,594
WISDOMTREE INVESTMENTS INC		(6,200	)		(97,216	)
WISDOMTREE INVESTMENTS INC		54,955			861,694
WOLVERINE WORLD WIDE INC		17,070			285,240
WORKDAY INC CLASS A		21,298			1,697,025
WORKDAY INC - CLASS A		(2,773	)		(220,953	)
WORLD FUEL SERVICES CORP		(3,697	)		(142,187	)
WPP PLC		190,000			4,377,041
WPX ENERGY INC		8,569			49,186
WUMART STORES INC H		206,668			165,331
WW GRAINGER INC		(5,067	)		(1,026,524	)
WYNDHAM WORLDWIDE CORP		(24,754	)		(1,798,378	)
XAC AUTOMATION CORPORATION		13,000			29,796
XENOPORT INC		73,890			405,656
XEROX CORP		2,186			23,237
XILINX INC		2,049			96,242
XPO LOGISTICS INC		(13,680	)		(372,780	)
XPO LOGISTICS INC		22,927			624,761
XYLEM INC		(7,799	)		(284,664	)
YANGZIJIANG SHIPBUILDING		273,800			212,428
YAPI VE KREDI BANKASI		304,845			343,608
YELP INC		64,664			1,862,323
YY INC - ADR		517			32,297

34

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
ZEBRA TECHNOLOGIES CORP-CL A		32,351			2,253,247
ZENDESK INC		27,435			725,381
ZIMMER BIOMET HOLDINGS INC		(4,622	)		(474,171	)
ZIONS BANCORPORATION		(17,288	)		(471,962	)
ZOETIS INC		2,700			129,384
Total Common Stock		96,882,592		$	1,258,879,138
Securities Purchased under Agreements to Resell
AB INDUSTRIVARDEN 1.875 02/27/2017		950,000			1,108,148
ADIDAS AG 0.25 06/14/2019		200,000			270,439
AROUNDTOWN PROPERTY HLGD 3 05/05/2020		100,000			129,517
CGG SA 1.75 01/01/2020		25,000			217,220
CHINA OVRSEA FIN KY II 5.5 11/10/2020		346,000			398,560
CREDIT AGRICOLE SA 0% 12/06/2016		7,000			585,408
DERWENT LONDON CAPITAL N 1.125 07/24/2019		100,000			177,938
FRESENIUS SE 0 09/24/2019		500,000			781,992
GRAND CITY PROPERTIES SA 1.5 02/24/2019		200,000			416,194
NEOPOST SA 2.5 06/23/2021		400,000			426,837
RAG STIFTUNG 0% 12/31/2018		400,000			514,551
RAG-STIFTUNG 0 02/18/2021		200,000			243,938
SIEMENS FINANCIERINGSMAT 1.65 08/16/2019		2,750,000			2,956,250
SOLIDIUM OY 0 09/04/2018		1,100,000			1,314,181
STEINHOFF FINANCE HLDG 1.25 08/11/2022 CVB		700,000			797,849
TREASURY BILL 0 07/21/2016		250,000			(0	)
UNIBAIL-RODAMCO SE		2,000			781,992
VEDANTA RESOURCES PLC 6.75 06/7/2016 (REG S)		700,000			730,636
Total Securities Purchased under Agreements to Resell		8,930,000		$	11,851,650
Securities Sold under Agreements to Repurchase
FRENCH DISCOUNT T-BILL 0 01/06/2016		2,500,000			(2,689,442	)
FRENCH DISCOUNT T-BILL 0 01/20/2016		3,333,369			(3,586,122	)
SIEMENS FIN BONDS WITHOUT WTS 1.05 08/16/2017		1,000,000			(945,947	)
SIEMENS FINANCIERINGSMAT 1.65 08/16/2019		500,000			(537,500	)
US TREASURY NOTE 1.625 07/31/2019		2,150,000			(2,146,592	)
Total Securities Sold Under Agreements To Repurchase		9,483,369		$	(9,905,603	)
Fixed Income Securities
AB INDUSTRIVARDEN 1.875 02/27/2017		(950,000	)		(1,118,957	)
ABBEY NATL TREASURY SERV		600,000			615,655
ABBVIE INC		1,100,000			1,093,284
ABGSM 6.25 1/19NA		400,000			30,411
ABSHE 06-HE1M4ESC		2			25
ABSHE 06-HE4M3ESC		2			4
ACCESS GROUP INC		92,868			92,206
ACE 06-HE2 M4 ESC		2			4
ACE 06-HE2 M6 ESC		2			3
ACE 06-HE4 M2 ESC		1			—
ACE 06-NC1 M6 ESC		2			3
ACE 06-OP1 M4 ESC		2			7
ACE 07-HE3 M1 ESC		1			—
ACT 05-RR A3_AESC		0			—
ACTAVIS FUNDING SCS		600,000			600,625
ADELQ 7.5 ESC		8,100			41
ADIDAS AG 0.25 06/14/2019		(200,000	)		(274,512	)
ADLAC 10.25 ESC		23,947			120
ADLAC CV3.25ESC		2,031,000			—
AEGIS ASSET BACKED SECURITIES		109,200			107,561
AERO INV RCFUSD		2,296,809			82,967
AFRICAN DEVELOPMENT BANK		200,000			161,845
AHM 06-1 1M3 ESC		2			3
AIFUL 8 20		15,700,720			136,985
ALGOSAIBI TL SYND		25,324			2,659
ALLY FINANCIAL INC		400,000			401,000
AMAFP TL A 1L EUR		286,993			264,948
AMAFP TLB1 1L EUR		11,685			10,788
AMAFP TLB2 1L EUR		6,413			5,921
AMAFP TLC1 1L EUR		15,082			13,924
AMAFP TLC2 1L EUR		8,288			7,652
AMERICAN EXPRESS CREDIT		1,200,000			1,197,853
AMERICAN INTL GROUP		600,000			646,319
AMERICAN MUNI PWR OHIO INC OH		100,000			133,703
AMERIQUEST MORTGAGE SECURITIES		193,403			185,733
AMORTIZING RESIDENTIAL COLLATE		549,637			539,791
ANADARKO PETROLEUM CORP		600,000			629,173
ANHEUSER BUSCH COS LLC		600,000			641,397

35

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value		Current Value
ANNFIN 13 23 PIK		2,009,032		3,469,784
ANR 4.875 20 NA		217,000		1,085
ANR 6.25 21 NA		107,000		441
ANR 9.75 4/18 NA		261,000		765
ARCAP05-RR5ABAESC		0		—
ARGENT 12/35NA		4,116,594		416,805
ARGENT7.82 33FBNA		614,642		708,451
ARM 4.625 26		298,000		298,373
ARSI 05-W2 M4 ESC		2		3
ARSI 05-W4 M6 ESC		2		3
ARSI 06-M1 M5 ESC		2		3
ARSI 06-W1 M2 ESC		2		3
ARSI 06-W1 M3ESC		1		—
ARSI 06-W2 M2 ESC		2		3
ARSI 06-W4 M4 ESC		2		3
ARSI 06-W4 M6 ESC		2		3
ARSI 06-W4 M7 ESC		2		3
ARSI 06-W5 M4 ESC		2		3
ASCMA 9.125 4/20		142,000		112,979
ASUCOR TL 2L RP		—		—
AT+T INC		300,000		320,696
ATHENS URBAN TRNSPRT ORG		300,000		300,989
AUST + NZ BANKING GRP NY		900,000		894,896
AUTOGB TL 1L EUR		21,739		20,280
AVALONBAY COMMUNITIES		400,000		396,563
AWAL LC ADIB		851,064		143,262
AWAL LC CLAIM		332,019		55,890
AWAL SYN CALYON		430,108		72,402
AWAL SYN CLAIM		152,729		25,709
B 03/03/2016		8,700,000		8,698,652
B 03/31/2016		623,000		622,757
B 04/28/2016		1,500,000		1,498,779
B 07/21/2016		1,500,000		1,495,892
B 08/18/16		2,000,000		1,993,342
B 09/15/16		7,512,000		7,485,573
B 11/10/2016		9,188,000		9,147,693
B 3/24/16		877,000		876,684
BABSON 2014-1A SUB (144A)		1,275,000		1,225,302
BAFC 07-E 8A5ESC		2		—
BALDW 06-1A 1_AES		2		2
BALTA 05-9 1M2ESC		2		4
BALTA 06-1 2B1ESC		2		4
BALTA 06-2 2B2ESC		2		4
BALTA 06-3 24A2		10,864		3,159
BALTA 06-3 2B1ESC		2		4
BALTA05-10 1M1ESC		2		4
BANC OF AMERICA COMMERCIAL MOR		1,030,647		1,072,313
BANC OF AMERICA MORTGAGE SECUR		240,016		220,931
BANCA CARIGE SPA		200,000		229,068
BANCO BILBAO VIZCAYA ARG		200,000		212,100
BANCO ESPIRITO SANTO SA		200,000		24,333
BANCO SANTANDER BRAS CI		200,000		199,760
BANK OF AMERICA CORP		3,470,000		3,753,760
BATTALION 2015-8A SUB(144A)		300,000		258,000
BAYER US FINANCE LLC		400,000		398,814
BEAR STEARNS ADJUSTABLE RATE M		106,119		99,190
BEAR STEARNS ALT A TRUST		371,778		281,864
BEAR STEARNS ASSET BACKED SECU		600,000		595,049
BEAR STEARNS COMMERCIAL MORTGA		582,550		586,312
BEAR STEARNS STRUCTURED PRODUC		106,651		86,789
BECTON DICKINSON AND CO		600,000		599,128
BERKSHIRE HATHAWAY ENERG		375,000		372,535
BIOGEN INC		400,000		404,430
BK TOKYO MITSUBISHI UFJ		900,000		892,508
BLACK DIAMOND 2015-1A M1		500,000		492,048
BLACK DIAMOND 2015-1A M2		1,000,000		906,250
BNCMT 07-2 M2 ESC		1		—
BNLI 06-1A B_A		159,612		7,183
BNP PARIBAS		500,000		513,125
BONOS Y OBLIG DEL ESTADO		4,175,000		5,274,143
BOS 2 A		79,210		437,536
BPCE SA		500,000		504,237
BRAZOS HIGHER EDUCATION AUTHOR		579,642		576,028
BRISCON RES AUD		28		10
BRISCON SWAPS AUD		91,230		32,094
BRISCON TL AUD		648,761		228,228
BRITISH COLUMBIA PROV OF		100,000		76,191

36

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
BROD06-2AA1AD_AES		1			—
BROD06-2AA1AT_AES		2			—
BSABS 06-EC1M5ESC		2			4
BSABS 06-EC2 M4		27,072			16,243
BSABS 06-HE2M6ESC		2			4
BSABS 06-HE3M5ESC		2			4
BSABS 06-PC1M5ESC		2			134
BSABS06-AC11M1ESC		2			186
BSAM 1 1		426,091			2,541,912
BTF 0 1/16		2,500,000			2,715,250
BTF 0 1/20/16		3,333,369			3,621,112
BUNDESOBLIGATION I/L		425,632			473,655
BUNDESREPUB. DEUTSCHLAND		200,000			341,445
BUONI POLIENNALI DEL TES		4,150,000			5,498,721
BURLINGTN NORTH SANTA FE		654,000			668,398
CAA 1.25 32		145,000			161,154
CAA 1.625 5/18		1,170,000			1,545,092
CABLEVISION 5 7/8% 09/15/2022		(730,000	)		(625,063	)
CACWEL TL B 1L US		52,104			37,645
CADOG 5A M 8/15/25 (144A)		750,000			806,281
CAISSE CENTRALE DESJARDN		100,000			100,380
CAISSE FRANCAISE DE FIN		400,000			416,809
CALCA 06-1 NOTE		165,000			27,308
CALNOR 14.125 ESC		9,000			—
CAMBR 7A B_A		96,752			—
CANADIAN GOVERNMENT RRB		110,032			96,798
CANYON CAP 2014-1A SUB 4/30/25		8,000,000			5,030,000
CAPITAL ONE MULTI ASSET EXECUT		1,000,000			996,621
CARR 06-NC1 M2		115,785			41,034
CASINO GUICHARD PERRACHO 3.311 01/25/2023		(100,000	)		(107,010	)
CASINO GUICHARD PERRACHO 4.726 05/26/2021		(100,000	)		(118,486	)
CCO SAFARI II LLC		500,000			502,401
CD 06-CD2 G A ESC		0			—
CELSA AMORT		1,472			272
CELSA AMORT II		44			8
CELSA BULLET A		8,015			1,480
CELSA BULLET B		519			96
CELSA EXCH A PIK		5,756			1,063
CGG SA 1.75 01/01/2020		(12,853	)		(95,135	)
CGGFP 5.875 5/20		160,000			88,191
CIE 2.625 19		150,000			85,344
CIE 3.125 24		1,284,000			659,545
CIFC FUNDING LTD		11,383			11,345
CITGO HOLDING INC 10.75% 02/15		4,490,000			4,332,850
CITIGROUP INC		3,150,000			3,138,145
CLEVELAND ELECTRIC ILLUM		189,000			195,761
CMLP 6 20		70,000			51,669
CMLP 6.125 3/22		271,000			189,361
CMLP 6.25 23A		430,000			301,000
CMLTI 06-NC1M7ESC		2			3
CMSI 06-3 1A18		12,716			12,541
CODE 2 9/20		96,000			179,425
COMCAST CORP		1,000,000			1,087,984
COMM 06-C7 G_AESC		0			—
COMM 06-C7_A ESC		0			—
COMM MTGE TRUST IO 2014-CR21 X		800,000			74,800
COMMERCIAL MORTGAGE LOAN TRUST		310,389			319,973
COMMERZBANK AG 4 09/16/2020		(152,000	)		(188,393	)
COMMONWEALTH BK AUSTR NY		700,000			697,654
COMMSCOPE HOLDINGS INC 6.625 06/01/2020 144A		(10,000	)		(10,131	)
COMPASS BANK		400,000			396,580
COMUNIDAD DE MADRID		400,000			519,683
CONAGRA FOODS INC		425,000			422,643
COOPERATIEVE RABOBANK UA		1,300,000			1,359,954
COOPWH 11 23		180,430			308,131
COOPWH 5.125 17		113,000			163,952
CORNERSTONE CLO LTD		284,298			281,682
CORYJR TL GBP PIK		173			207
CORYSR TL GBP PIK		402			539
COUNTRYWIDE ALTERNATIVE LOAN T		217,437			160,554
COUNTRYWIDE HOME LOANS		97,932			91,243
CREDIT AGRICOLE LONDON		300,000			305,699
CREDIT SUISSE FIRST BOSTON MOR		15,480			14,305
CREDIT SUISSE MORTGAGE TRUST		954,832			964,826
CREDIT SUISSE NEW YORK		1,900,000			1,894,243
CSMC 06-2 4A10ESC		2			9
CSMC 06-4 DB4 ESC		2			3

37

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
CSMC 06-5 DB2 ESC		2			3
CSMC 06-6 DB2 ESC		2			3
CSMC 07-C5 H AESC		0			—
CTRIP 1.25 18		1,794,000			2,369,056
CTRP 1 20A		19,000			21,094
CTRP 1.99 25A		190,000			213,041
CVS HEALTH CORP		900,000			902,716
CWALT 05-4 M ESC		2			25
CWALT 06-CBA13ESC		2			3
CWALT 06-J2A11ESC		2			3
CWALT 06-OA16M1ES		1			—
CWALT 06-OA3M2ESC		2			2
CWALT 06-OA3M3ESC		2			3
CWALT 06-OA6M2ESC		2			2
CWALT 06-OC4M4ESC		2			3
CWALT05-48T1A7ESC		2			2
CWALT05-60T1A10ES		2			3
CWALT05-60T1A11ES		2			2
CWALT05-77T12MESC		2			6
CWALT06-13T1A14ES		2			3
CWALT06-13T1A4ESC		2			3
CWALT06-14CBA10ES		2			3
CWALT06-6CB1A9ESC		2			3
CWALT06-6CB2A12ES		2			3,323
CWALT06-HY11M4ESC		2			3
CWALT06-HY11M6ESC		2			3
CWALT06-HY33A2ESC		2			345
CWEI 7.75 4/19		955,000			737,738
CWHL 06-3 1M1 ESC		2			2
CWL 05-7 MV7 ESC		2			2,840
CWL 05-AB3 M2 ESC		2			3
CWL 06-11 MV4 ESC		2			3
CWL 06-12 M4 ESC		2			3
CWL 06-2 M5 ESC		2			3
CWL 06-ABC1 M4ESC		2			3
CWL 06-ABC1 M5ESC		2			3
CWL 06-BC2 M4 ESC		2			3
CWL 07-1 M2 ESC		1			—
CZR 9 2/20 DFT NA		190,000			146,063
CZR TL B4B 1L USD		135,000			120,825
CZR TL B5 1L USD		779,884			678,499
CZR TL B6 1L USD		2,414,017			2,124,335
CZR TL B7 1L USD		661,000			545,325
DANAHER CORP		200,000			199,895
DECO 9-E3A C PAN EUROPE 3 144A		500,000			284,086
DEPFA ACS BANK		1,000,000			1,119,947
DERWENT LONDON CAPITAL N 1.125 07/24/2019		(100,000	)		(175,655	)
DEVON ENERGY CORPORATION		600,000			547,598
DEVON ENERGY CORPORATION 5.85%		(250,000	)		(245,281	)
DEXIA CREDIT LOCAL SA NY		300,000			294,979
DIRECTV HOLDINGS/FING		900,000			991,268
DISCOVER BANK		450,000			449,640
DNB BANK ASA 3.875 06/29/2020		(169,000	)		(210,109	)
DNB BANK ASA 4.25 01/18/2022		(100,000	)		(129,208	)
DNB BANK ASA 4.375 02/24/2021		(100,000	)		(128,115	)
DOMINION RESOURCES INC		600,000			594,211
DUKE ENERGY FLORIDA LLC		400,000			436,620
EASTMAN CHEMICAL CO		500,000			502,729
EBAY INC		500,000			496,044
ECLIP 06-3 A		1,091,107			435,953
ECLIP 06-3 B		381,286			842
EHME 07-1 A		271,747			228,737
EHMI 07-1 A		2,116,866			1,697,331
E-MAC DE07-1 B		100,000			71,411
EMD FINANCE LLC		400,000			396,185
ENERGY TRANSFER PARTNERS		300,000			315,462
ENTERPRISE PRODUCTS OPER		900,000			877,994
EPICP DRUM A		760,541			733,096
ESAIL 06-4X C1C		126,884			134,465
ESAIL 07-3X A2C		28,248			41,193
ESAIL 07-3X A3A		800,000			750,104
ESAIL 07-3X D1A		323,000			248,304
ESAIL 07-3X E1C		78,000			87,905
ESAIL 07-4X E1C		126,839			144,815
ESAIL 07-4X RESD		174			410,083
ESB 2.625 8/19A		140,000			147,348
ESC-CDO 0.0 II		29,000			—

38

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
ESC-CDO 0.0% I		44,000			—
ESC-CDO 6.125%		117,000			0
ESC-CDO 6.13%		56,000			0
ESC-CDO 7.25%		98,000			0
ESC-CDO 9.5%		65,000			0
ESF 3.125 12/18NA		100,000			595
ESF 9.75 12/25NA		57,000			626
ESFIL 0 05/15 CP		5,000			88
ESLR 13 15 NA FBN		16,947			—
ESLR 4 13 NA		20,000			50
EUROPEAN INVESTMENT BANK		400,000			225,072
EXCO TL 2L USD		297,015			142,567
EXPHOL TLB 1L USD		892,260			602,651
EXTRACTION DT		1,625,597			1,504,676
EXTRACTION DT II		914,080			821,884
FCCSM PIK-TERM B		131,163			120,612
FCCSM TL A1 EUR		12,225			11,241
FCCSM TL A2 EUR		818,016			752,217
FDC 8.75 22A		192,000			200,755
FFMER 07-4 2M3EC		1			—
FFML 06-FF2 M2ESC		2			41
FFML 06-FF7 M3ESC		2			25
FHLT 06-2 M5 ESC		2			3
FIDELITY NATIONAL INFORM		375,000			376,324
FMS WERTMANAGEMENT		100,000			146,635
FNMDN 02/22/2016		4,035,000			4,033,102
FNMDN 04/04/16		500,000			499,614
FNMDN 06/01/16		5,773,000			5,762,941
FNR 04-29 PS		85,297			18,163
FNR 04-92 S		29,863			2,597
FNR 05-79 NS		78,588			12,727
FNR 06-43 SJ		39,404			6,889
FNR 06-62 SB		51,144			9,353
FNR 07-53 SG		48,948			8,453
FNR 09-106 SA		85,484			14,226
FNR 09-90 QI		403,404			74,125
FNR 10-56 AS		258,860			30,976
FNR 10-58 SA		108,036			18,952
FORD MOTOR CREDIT CO LLC		900,000			945,356
FORE CLO LTD		2,694			2,692
FOREST LABORATORIES LLC		600,000			628,546
FRANCE (GOVT OF)		1,600,000			2,545,593
FRBOSA SS 10 18		334			372
FREDDIE MAC		33,021			33,074
FREDN 02/08/16		6,000,000			5,998,063
FREDN 02/10/16		1,227,000			1,226,616
FREDN 04/04/16		1,000,000			998,723
FREEPORT MCMORAN INC		300,000			255,750
FRENCH TREASURY NOTE		300,000			331,065
FRESENIUS SE 0 09/24/2019		(500,000	)		(775,204	)
FUFENG 3% 18		1,000,000			164,836
GALLATIN FUNDING LTD		195,711			194,373
GE CAPITAL INTL FUNDING		1,018,000			1,018,459
GENERAL ELECTRIC CO		200,000			217,115
GENERALITAT DE CATALUNYA		300,000			329,086
GHG MSL 1A TL GBP		225,571			309,008
GHG MSL 1B TL GBP		85,680			116,425
GHG MSL 1C TL GBP		81,178			110,906
GHG MSL 1D TL GBP		81,178			110,607
GHG MSL 2A TL GBP		150,381			206,005
GHG MSL 2B TL GBP		57,120			77,617
GHG MSL 2C TL GBP		54,119			73,937
GHG MSL 2D TL GBP		54,119			73,738
GILEAD SCIENCES INC		250,000			250,168
GLENCORE FUNDING LLC		300,000			250,500
GLITNIR AUD-RBS 1		212,766			11,614
GLITNIR BON-BAML3		228,304			22,768
GLITNIR BRL-RBS 1		1,063,830			37,940
GLITNIR CHF-DB 7		432,455			28,539
GLITNIR CHF-RBS 1		29,700			1,960
GLITNIR CHF-RBS 2		33,404			2,204
GLITNIR EUR-DB 1		1,083,910			108,092
GLITNIR EUR-MS 1		5,209,108			519,476
GLITNIR GBP-NOM 1		34,043			3,833
GLITNIR GBP-RBS 1		132,191			14,885
GLITNIR USD-CITI1		318,277			24,515
GM 8.375% 7/15/2033 - ESCROW		112,000			11

39

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
GMAC MORTGAGE CORPORATION LOAN		40,811			39,660
GNR 07-26 SG		57,266			9,619
GOAL CAPITAL FUNDING TRUST		47,088			46,761
GP PORTFOLIO TRUST		158,655			158,273
GPMF 06-AR2 M2ESC		2			6
GPMF 06-OH1 M1ESC		1			—
GRAND CITY PROPERTIES SA 1.5 02/24/2019		(200,000	)		(484,748	)
GRANITE MORTGAGES PLC.		23,899			23,883
GSAA 06-6 M5 ESC		2			4
GSAA 06-6 M6 ESC		2			4
GSAA 06-S1 1M1ESC		1			—
GSAA 07-1 M1ESC		1			—
GSAMP 07-NC1M2ESC		1			—
GSCSF 06-2A B_A		91,000			9
GSCSF 06-2A C_A		50,000			5
GSMS07-GKK1BAESC		0			—
GSR 04-15F 2A3		22,683			3,945
GYI 7 20A		141,000			50,584
HALLIBURTON CO		775,000			768,845
HARP 06-1A C_AESC		2			2
HASC 05-I1 M1		82,717			16,254
HASC 06-NC1 M6ESC		2			6
HASC 06-WMC1M2ESC		1			—
HBOS PLC		254,000			277,026
HCHC 11% 12/1/19 144A HC2 HOLD		590,000			542,800
HCP INC		500,000			515,825
HEAT 06-6 M1ESC		1			—
HEAT 06-7 M1ESC		1			—
HEAT 07-2 M1 ESC		1			—
HELLENIC RAILWAY ORG		100,000			99,940
HEMT 06-6 M1ESC		1			—
HEMT 06-6 M2ESC		1			—
HIGHER EDUCATION FUNDING		150,000			147,140
HLIT 4 12/20A		82,000			77,843
HOV 6 17		575,000			487,683
HSBC USA INC		800,000			798,148
HVMLT 06-1 B2 ESC		2			3
HVMLT 06-12 B2 ES		1			—
HVMLT 06-4 B4 ESC		2			3
HVMLT 06-BU1M3ESC		2			3
HVMLT 07-2 B1ESC		1			—
ICE CANYON CLO 2012 1A INC		3,600,000			1,584,000
ICE CANYON CLO 2013 1A INC		4,400,000			2,002,000
ICM 06-3A B1_A		116,000			1,102
ICM 06-S2A A1LB_A		258,006			13
IHRT 10.625 23		50,000			34,813
IHRT 9 12/19		40,000			29,250
IHRT TLDEXT 1L US		150,000			104,679
ILFSIN 8 17		1,000,000			152,843
ILLUMINA INC 0 06/15/2019 CVB		(307,000	)		(336,514	)
ILLUMINA INC 0.5 06/15/2021		(260,000	)		(301,768	)
IMSA 05-2 M6 ESC		2			3
IMSA 06-1 1M4 ESC		2			2
INABS 07-B M2 ESC		1			—
INDB 06-1 M2 ESC		2			3
INDB 06-1 M6 ESC		2			2
INDE7 7A C_A		166,000			17
INDX 05-AR19B2ESC		2			51
INDX 05-AR31B2ESC		2			2
INDX 06-AR15M5ESC		2			3
INDX 06-AR15M8ESC		2			2
INDX 06-AR21M1ESC		2			2
INDX 06-AR3 3X ES		1			—
INDX 06-AR5 B2ESC		2			2
INDX 06-AR6 M1ESC		2			3
INDX 06-AR7 B2ESC		2			2
INDYMAC INDX MORTGAGE LOAN TRU		157,609			133,974
INDYMAC RESIDENTIAL ASSET BACK		116,260			115,527
INFIG CONAF2 AUD		153,824			90,844
INFIG CONAF2 EUR		7,755			6,822
INFIG CONAF3 AUD		2,786			1,645
INFIG CONAF3 EUR		1,731			1,523
INFIG CONSTRUCTION LC AUD		4,365			(605	)
INFIGEN CONMF AUD		137,610			81,269
INFIGEN LC EUR		11,360			(2,344	)
INFIGEN TL MF AUD		129,779			76,644
INFIGEN TL MF USD		29,158			23,618

40

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
INFIGEN TLAF1 USD		123,425			99,974
INFIN SOPR A		335,349			346,011
ING BANK NV		900,000			897,721
INTEL 7.5 4/21		20,000			17,463
INTEL CORP		600,000			606,863
INTEL SAT 6.625%% 12/15/2022		1,000,000			633,750
INTEL SAT 7 1/2 04/01/2021		(460,000	)		(404,800	)
INTELSAT JACKSON HLDG 6.625 12/15/2022		(20,000	)		(12,763	)
INTESA SANPAOLO NEW YORK		500,000			500,381
INTESA SANPAOLO SPA		500,000			512,706
ITALY GOV T INT BOND		100,000			177,135
IVGCON 3M TLA2PIK		961			846
IVGCON 3M TLA3PIK		133			117
IVGCON 7M TLA2PIK		1,396			1,230
IVGCON 7M TLA3PIK		533			470
IXIS 06-HE1 M2ESC		2			17
IXIS 06-HE2 M4ESC		2			3
IXIS 07-HE1 M1ESC		1			—
JABER TL UNSEC US		4,264			1,492
JAPAN (20 YEAR ISSUE)		640,000,000			6,031,981
JAPAN (30 YEAR ISSUE)		150,000,000			1,370,863
JAPAN TREASURY DISC BILL		1,780,000,000			14,797,422
JKS 4 19A		136,000			122,237
JM SMUCKER CO		400,000			398,118
JP MORGAN CHASE BANK NA		750,000			801,870
JP MORGAN CHASE COMMERCIAL MOR		1,635,607			1,663,290
JP MORGAN MORTGAGE TRUST		85,760			86,266
JPALT 06-A11M1ESC		2			6
JPALT 06-A11M2ESC		2			3
JPMAC 06-HE1 M1		72,418			64,590
JPMAC 06-HE1M2ESC		2			101
JPMCC 03-C1L AESC		0			—
JPMCC 06-FL1AL ES		0			—
JPMCC06-LDP6GAESC		0			—
JPMCC06-RR1AHAESC		0			—
JPMCC06-RR1AJAESC		0			—
JPMCC06-RR1AKAESC		0			—
JPMMT 04-S2 4A2		68,618			15,381
JPMORGAN CHASE + CO		2,600,000			2,764,637
JUNTA DE CASTILLA Y LEON		100,000			128,436
JURYS INN MEZZEUR		109,989			119,459
JURYS INN MEZZGBP		490,224			722,100
KAUP BON AUD BAR1		175,701			28,396
KAUP BON CAD CITI		469,200			87,373
KAUP BON CHF CITI		58,567			11,332
KAUP BON CHF M3S		91,398			17,684
KAUP BON EUR BAR2		1,000,000			294,996
KAUP BON EUR BAR3		425,532			125,530
KAUP BON EUR CIT		61,418			18,118
KAUP BON EUR CIT2		24,633			7,267
KAUP BON EUR MS		153,424			45,259
KAUP BON EUR RBS		92,953			27,421
KAUP BON EUR RBS2		106,383			31,383
KAUP BON EUR YO		217,698			64,220
KAUP BON T US CIT		666,457			151,899
KAUP BON T USD MS		465,629			106,126
KAUP BON USD CIT3		1,214,615			276,835
KAUP BON USD CITI		310,732			70,822
KAUP BON USD SEAP		1,033,040			235,450
KAUP BON USD YO		99,427			22,661
KAUP BON USD YO2		74,497			16,979
KAUP BOND CHF CIT		53,191			10,292
KAUP BOND CHF DB		130,019			25,156
KAUP BOND CHF MS		207,065			40,063
KAUP BOND CHF MS2		58,270			11,274
KAUP BOND CHF RBS		21,383			4,137
KAUP BOND EUR CIT		97,304			28,704
KAUP BOND EUR DB		1,399,306			412,789
KAUP BOND EUR DB2		1,295,928			382,293
KAUP BOND EUR IMP		82,872			24,447
KAUP BOND EUR MS		276,496			81,565
KAUP BOND EUR MS2		266,449			78,601
KAUP BOND EUR MS4		531,915			156,913
KAUP BOND ISK MS		13,905,319			22,990
KAUP BOND USD DB2		3,521,118			802,533
KAUP BOND USD SEA		523,770			119,378
KAUP BOND YEN RBS		4,255,319			10,000

41

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
KAUP BONT US CIT2		58,961			13,438
KAUP BONT US CIT3		32,938			7,507
KAUP BONT US CIT4		1,862,653			424,536
KAUP BONT US CIT5		348,357			79,398
KAUP BONT US CIT6		585,672			133,486
KAUP BONT US CIT7		585,672			133,486
KAUP BONT US CIT8		260,249			59,316
KAUP BONT US CIT9		347,528			79,209
KAUP BONT USD DB		195,691			44,602
KAUP BONT USD MS		85,106			19,397
KAUP BONT USDBAR2		54,660			12,458
KAUP DEP EUR CIT		2,922,174			862,028
KAUP DEP EUR CIT2		1,295,928			382,293
KAUP LOAN EUR ML		53,671			15,833
KAUPBONT US CIT10		962,945			219,474
KBC BANK NV		200,000			217,760
KFW		200,000			198,366
KINDER MORGAN ENER PART		400,000			369,790
KKR FINANCIAL 2007-1A SUB 5/15		380,000			208,734
KLROS 06-2A B_A		145,101			8,706
KLRRE 06-1AB_AESC		2			2
KLRRE 06-1AC_AESC		2			2
KLRRE 06-2AC_AESC		2			2
KRAFT FOODS GROUP INC		500,000			503,613
L 3.75 30		1,317,000			737,520
L 4 29		1,550,000			883,500
L 8.5% 07/15/29		(95,000	)		(96,843	)
LB UBS COMMERCIAL MORTGAGE TRU		825,636			832,874
LBHI CLASS 9A		46,904			1,957
LBHI GTY USD TCL		256,175			10,247
LBHI TL JPY		156,115,025			103,895
LBIE CLAIM GBP2		212,000			110,271
LBIE LIB COF		619,037			206,737
LBIE LIB CSF		296,707			99,090
LBIE LIB F		284,921			95,154
LBIE LIB GRAF		39,458			13,178
LBIE LIB SOF		146,048			48,775
LBIETCL GBP TD		29,808			17,530
LBMLT 06-10 M2ESC		1			—
LBMLT 06-4 M4ESC		2			3
LBMLT 06-5 M1 ESC		1			—
LBMLT 06-WL1 M2		6,807			479
LBMLT 06-WL2 M5ES		2			3
LBMLT 06-WL3 M2ES		2			3
LBMLT 06-WL3 M7ES		2			3
LBRAC 06-1A C_AES		2			2
LCPI OZ CLAIM		9,740			511
LEH 0 03/10NAEUR		50,000			5,072
LEH 0 04/11 NAEUR		386,000			39,157
LEH 0 05/11 NAEUR		472,000			47,329
LEH 0 05/16NAEUR		150,000			15,041
LEH 0 07/12 NAEUR		560,000			56,154
LEH 0 08 NA		239,000			17,328
LEH 0 08/09NA		252,000			17,955
LEH 0 09 NA		67,000			4,858
LEH 0 09 NA 2		2,450,000			174,563
LEH 0 09NA		3,050,000			221,125
LEH 0 10/11 NAEUR		43,000			4,362
LEH 0 11/09 NAEUR		374,000			37,939
LEH 0 12NA		363,000			26,318
LEH 0 5/19/23 NA		11,000			784
LEH 11 06/22 NA		78,000			5,558
LEH 3.95 09 NA		962,000			68,543
LEH 4 03/15NAEUR		2,546,000			258,755
LEH 4 5/11NAEUR		922,000			93,705
LEH 4.5 10 NA		219,000			15,878
LEH 4.8 14NA		603,000			44,471
LEH 5.25 12NA		416,000			30,160
LEH 5.5 16NA		698,000			51,478
LEH 5.5 2/20NA		18,000			1,283
LEH 5.625 3/30NA		17,000			1,211
LEH 5.7 12/29NA		25,000			1,781
LEH 5.75 05/13 NA		258,000			18,383
LEH 5.75 11 NA2		328,000			23,370
LEH 5.75 4/11 NA		306,000			21,803
LEH 6 04/11 NA		462,000			24,528
LEH 6 12 NA		2,698,000			195,605

42

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
LEH 6.2 14 NA		2,215,000			163,356
LEH 6.5 2/37NA		21,000			1,496
LEH 6.625 12 NA		4,992,000			361,920
LEH 7 09/37NA		27,000			1,924
LEH 7 11/16/37 NA		12,000			855
LEH 7.875 10 NA		220,000			15,950
LEH 7.875 11/09NA		7,500,000			534,375
LEH 9.25 01/23NA		15,000			1,069
LEH 9.5 12/22 NA		229,000			16,316
LEH FLT 10 NA		1,723,000			124,918
LEH FLT03/11NAEUR		649,000			65,836
LEH FLT05/12NAEUR		1,350,000			135,370
LEH006/12/13NAEUR		326,000			33,070
LEH4.751/14 NAEUR		509,000			51,731
LEH5.1256/14NAEUR		550,000			55,897
LEH5.37510/17NAER		200,000			21,070
LEH6.3755/11NAEUR		116,000			11,789
LEN 3.25 21A		1,203,000			2,510,481
LEXN 06-2A B_A		166,000			3,320
LINTA 0.75 03/43		2,997,000			4,533,407
LLOYDS BANK PLC		1,200,000			1,406,559
LMT 06-1 1A6 ESC		2			3
LNG 4.25 03/45		912,000			482,313
LOS ANGELES CNTY CA PUBLIC WKS		300,000			419,814
LRDG 06-1A C_AESC		2			2
LSTRT06-1A A2_AES		2			—
LUDGATE FUNDING PLC		343,741			333,622
LXS 05-3 2M2 ESC		2			3
LXS 05-3 3M2 ESC		2			3
LXS 06-4N M3 ESC		2			3
LXS 06-4N M4 ESC		2			3
LXS 06-7 M4 ESC		2			3
LXS 06-7 M5 ESC		2			3
LXS 06-7 M7 ESC		2			3
LXS 07-18N AX_NA		1,645,675			—
LXS 07-3 3M1 ESC		2			2
LYB JEFF		569,000			51,125
LYB S91 CANT		194,300			20,887
LYB S91 CANT CH		150,000			16,125
LYB S91 CS		347,000			37,303
MABS 06-WMC2M4ESC		2			9
MACQUARIE BANK LTD		250,000			251,081
MACQUARIE INFRASTRUCTURE 2.875 07/15/2019		(118,000	)		(133,235	)
MADISON PARK F IV 2007-6A INC		260,000			229,450
MADISON PARK FND 2006-2A INC		3,500,000			2,630,835
MADISON PARK FND III 2006-3A S		130,000			102,434
MADISON PARK FNDG 2011-7A SUB		1,040,000			704,600
MADISON PARK XV 2014-15A SUB 1		1,800,000			1,507,500
MANA 07-OAR3 A3ES		3			—
MANTEN 8.5 08/20		262,000			234,938
MARM 07-HF1 M1ESC		1			—
MASHTU TLA 1L USD		9,164			6,644
MASSACHUSETTS EDUCATIONAL FINA		750,037			746,407
MAXIS LOANS SECURITISATION		35,950			26,377
MAYF06-1AA1LB_AES		2			2
MCKESSON CORP		600,000			592,290
MEAD JOHNSON NUTRITION C		75,000			74,977
MEDTRONIC INC		400,000			397,854
MERCATOR CLO PLC		13,666			14,756
MERRILL LYNCH		287,293			205,336
MERRILL LYNCH MORTGAGE INVESTO		96,745			94,472
MERRILL LYNCH MORTGAGE TRUST		710,038			746,454
MERRILL LYNCH MTGE TRUST 9/12/		410,000			336,200
MESDG DELT A		236,355			221,409
MEX BONOS DESARR FIX RT		2,030,000			124,770
MEYER BURGER TECHNOLOGY 5 05/24/2017		(10,000	)		(9,612	)
MFD 08-1 B1 2		405,205			532,107
MFD 08-1 B2		499,987			728,195
MFD 08-1 R		214			80,110
MHL 05-3 M3		18,446			15,783
MHL 06-1 1B1 ESC		2			9
MICRON TECHNOLOGY INC 3 11/15/2043		(586,000	)		(486,732	)
MILLAB EXIT TL		65,906			56,020
MKP 6A A2_A		464,410			2
ML CFC COMMERCIAL MORTGAGE TRU		677,866			691,456
MLCC MORTGAGE INVESTORS INC		221,023			212,873
MLCFC 07-7 F AESC		0			—

43

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
MLMI 05-HE3 M5ESC		2			9
MLMI 05-NC1 B1		3,878			3,018
MLMI 06-HE1 M4ESC		2			9
MLMI 06-HE2 M4ESC		2			9
MLMI 06-HE4 A2D		94,250			32,988
MLMI 06-RM1 B1ESC		2			3
MLMI 06-RM2 B1ESC		2			3
MLMI 06-RM2 M3ESC		2			9
MLMI 06-RM5 M1ESC		2			17
MLMI 06-WMC1M6ESC		2			3
MLMI 06-WMC2M1ESC		2			259
MLMI06-AR1M4_AESC		2			9
MLMI06-AR1M6_AESC		2			9
MLST IV-A A1A_ESC		1			—
MLST IV-A A1B_ESC		1			—
MLST IV-A A1C_ESC		1			—
MNPT 06-1A B_A		137,742			14
MONDELEZ INTERNATIONAL		400,000			440,385
MONT 06-1A B_A		48,726			975
MONT 06-1A C_A		55,548			1,039
MORGAN STANLEY		2,000,000			2,097,002
MORGAN STANLEY BAML TRUST		1,819,144			89,296
MORGAN STANLEY MORTGAGE LOAN T		528,363			456,031
MORGAN STANLEY REREMIC TRUST		256,298			263,298
MOTOR PLC		131,280			131,135
MSAC 06-HE3 M4ESC		2			25
MSAC 06-HE6 M2ESC		1			—
MSAC 06-NC1 B1ESC		2			3
MSAC 06-NC4 M2ESC		2			51
MSAC 06-WMC1 M1		222,109			104,436
MSAC 07-HE1 M1ESC		1			—
MSAC 07-NC1 M1 ES		1			—
MSC 06-IQ12 HAESC		0			—
MSC 06-IQ12 JAESC		0			—
MSM 05-11AR M6ESC		2			3
MSM 05-7 4A3		30,624			10,875
MSM 06-3AR 1A2ESC		2			2
MSM 07-1XS M1ESC		1			—
MSM 07-2AX M1ESC		1			—
MSST 07-1 M2 ESC		2			14
MTG 5 17		516,000			537,961
MTH 1.875 32		359,000			353,887
MTOR 4 27		784,000			746,510
MU 5.25 24A		54,000			47,655
MU 5.875 2/22		231,000			226,380
MUFG AMERICAS HLDGS CORP		200,000			196,653
NAA 06-AR1 5M1ESC		2			6
NAA 06-AR1 5M2ESC		2			6
NATIONAL BANK GREECE SA		100,000			105,222
NCHET 05-A M5 ESC		2			3
NCHET 06-2 M4 ESC		2			25
NCIAU 12.5 31		400,000			460,667
NCMT 06-1 M6		41,587			4,460
NCOVE 06-3A A_A 2		111,054			278
NCOVE 06-3A B_A 2		111,030			11
NEG 10.375 UNIT		3,671,034			—
NELNET STUDENT LOAN TRUST		278,483			274,380
NEOPOST SA 2.5 06/23/2021		(500,000	)		(506,313	)
NEPTUNE FINCO 10 7/8% 10/15/20		2,580,000			2,696,100
NEW S WALES TREASURY CRP		800,000			627,207
NEWGATE FUNDING PLC		382,177			516,191
NHEL 06-1 M3 ESC		2			3
NHELI 06-FM1 M2		34,612			692
NHELI 06-HE1M7ESC		2			14
NHELI 06-HE2M4ESC		2			20
NISOURCE FINANCE CORP		400,000			435,830
NOMURA ASSET ACCEPTANCE CORPOR		35,417			33,966
NORDEA BANK AB 3.25 07/05/2022		(100,000	)		(124,442	)
NORDEA BANK AB 4 06/29/2020		(85,000	)		(106,482	)
NORDEA BANK AB 4.5 03/26/2020		(185,000	)		(227,840	)
NORDEA KREDIT REALKREDIT		7,600,000			1,106,405
NORTHERN STATES PWR MINN		200,000			198,629
NOVO BANCO SA		100,000			94,407
NSCR07-4A A2_AESC		0			—
NSTAR06-7A A1AESC		0			—
NT 1.75 12DFTNA		300,000			253,875
NT 10.125 13 NA		1,514,000			1,356,923

44

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
NT 10.75 16 NA		1,355,000			1,205,950
NT 2.125 14 DFTNA		786,000			668,100
NT FL 07/11 NA		52,000			45,175
NYKREDIT		9,500,000			1,388,750
NYKREDIT REALKREDIT AS		18,289,663			2,653,721
OAK HILL CREDIT PARTNERS		198,173			197,187
OAKTREE CLO 2014-2A SUB		1,500,000			712,500
OAS 6.5 21		69,000			43,815
OAS 6.875 03/22		25,000			16,125
OAS 6.875 1/23		93,000			58,358
ONTARIO (PROVINCE OF)		1,500,000			1,231,251
OOMLT 05-5 M4		7,850			498
OOMLT 06-2 M4 ESC		2			5
OOMLT 07-1 M2 ESC		1			—
OOMLT 07-4 M2 ESC		1			—
OOMLT 07-5 M2 ESC		1			—
OOMLT 07-6 M4 ESC		2			3
OWNIT 06-1 M2 ESC		1			5
OWNIT 06-1 M6 ESC		2			4
OWNIT 06-2 A2C		150,917			120,643
OWNIT 06-5 A2D		67,339			43,501
OZLM FUNDING LTD 2012-2A SUB		1,200,000			656,460
OZLM FUNDING LTD 2013-3A SUB		1,000,000			587,500
OZLMF FUNDING LTD 2013-4A SUB		500,000			282,500
OZLMF FUNDING LTD 2015-11A E 1		400,000			282,460
OZLMF FUNDING LTD 2015-11A SUB		1,200,000			738,000
P 1.75 12/20A		409,000			435,472
PACIFIC GAS + ELECTRIC		600,000			641,353
PALOMAR CA CMNTY CLG DIST		300,000			350,307
PANW 0 7/19		449,000			743,209
PARAGON MORTGAGES PLC		523,457			634,776
PCLN 1 18		191,000			272,235
PCX 15 23 TGL NA		545,815			682
PEARSON DOL FIN TWO PLC		725,000			782,348
PETROBRAS GLOBAL FINANCE		400,000			370,000
PGSNO TL B 1L USD		108,203			76,391
PHS HLCO TR A EUR		1,805			1,715
PHS HLCO TR A GBP		9,237			11,905
PHS SNR TL EUR		1,941			2,108
PHS SNR TL GBP		9,948			14,634
PNC BANK NA		700,000			698,209
PRCFAC 5 07/36		65,000			35,961
PRCFAC 5 07/37		45,000			24,875
PRCFAC 5.25 07/33		65,000			36,665
PRCFAC 5.375 33		5,000			2,839
PRCFAC 5.6 30		192,000			111,542
PRCFAC 5.65 28M57		763,000			443,349
PRCFAC 5.65 28M65		39,000			22,661
PRCFAC 5.65 28M73		109,000			63,336
PRCFAC 5.7 28		441,000			256,221
PRCUTL 6.05 07/28		20,000			12,000
PRCUTL 6.05 28		15,000			9,000
PRCUTL 6.1 34		5,000			2,900
PRCUTL 6.1 7/34		15,000			8,700
PRETSL 21 A-2		1,337,774			745,809
PRETSL 22 A-1_A		103,889			74,508
PRETSL 22 A-2_A		846,873			470,091
PRETSL 23 A-2_A		182,901			108,826
PRETSL 23 AFP_A		473,825			350,776
PRETSL 27 A-1_A		76,018			51,230
PRICELINE GROUP INC/THE 0.35 06/15/2020		(137,000	)		(163,164	)
PROSRV TLB11L USD		223,745			158,486
PROSRV TLB21L USD		131,328			93,024
PROVINCE OF ALBERTA		800,000			573,960
PROVINCE OF QUEBEC		400,000			315,006
PUNTAV 5.267 24		350,235			464,306
PUNTAV 5.943 22		128,000			180,374
PUNTAV FLT 10/27		397,000			524,354
QIHU .5 8/20		1,506,000			1,457,053
QUALCOMM INC		400,000			395,991
QUEENSLAND TREASURY CORP		100,000			78,114
RAAC 06-SP1 M2		62,013			22,367
RAAC 06-SP2 M2		95,027			57,320
RAAC 06-SP2 M3		6,788			879
RABOBANK NEDERLAND NY		1,000,000			999,492
RAG STIFTUNG 0% 12/31/2018		(400,000	)		(478,753	)
RAG-STIFTUNG 0 02/18/2021		(200,000	)		(246,653	)

45

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
RALI 05-QS7 A6ESC		2			4
RALI 06-QO10M1ESC		1			—
RALI 07-QH2 M1ESC		1			—
RALI 07-QH2 M2ESC		1			—
RALI 07-QH3 M1ESC		1			—
RALLYE SA 1% 10/02/2020		(448	)		(39,461	)
RAMC 06-1 M5 ESC		2			3
RAMC 06-1 M6 ESC		2			3
RAMC 06-2 M5 ESC		2			3
RAMC 06-2 M6 ESC		2			3
RAMP 06-RS2 M4ESC		2			2
RAMP 06-RS2 M6ESC		2			2
RAMP 06-RS2 M7ESC		2			2
RAMP 06-RS3 M4ESC		2			2
RASC 06-EMX1 M5ES		2			5
RASC 06-EMX5M4ESC		2			3
RAST 05-A151A9ESC		2			9
RAST 06-A2 A12ESC		2			—
RAST 06-A5CBB2ESC		2			4
RAST 06-A6 B1 ESC		2			4
REALKREDIT DANMARK		3,900,000			565,373
RED HAT INC 0.25 10/01/2019		(537,000	)		(699,717	)
REPUBLIC OF CHILE 3.625 10/30/2042		(150,000	)		(130,930	)
REPUBLIC OF SLOVENIA		4,000,000			4,430,490
REPUBLIKA SLOVENIJA		350,000			433,561
REYNOLDS AMERICAN INC		800,000			805,025
RFMSI 06-S1 1A4		16,697			3,798
RIVERCITY SWP PIK		3,737			—
RIVERCITY SWP TCL		86,737			—
RIVERSIDE CA ELEC REVENUE		200,000			259,338
RMAC SECURITIES PLC		230,390			306,783
ROPER TECHNOLOGIES INC		50,000			49,792
ROYAL BK OF SCOTLAND PLC		400,000			432,293
RSMLT06-1 M4_AESC		2			3
SAAD INVEST RCF		25,324			5,128
SABMILLER HOLDINGS INC		595,000			593,608
SABR 06-NC1 ESC		2			3
SABR 06-NC2 B1ESC		2			3
SABR 07-BR3 M1ESC		1			—
SABR 07-BR4 M2ESC		1			—
SABR 07-NC1 M2ESC		1			—
SAIL 05-11 M3 ESC		2			3
SAIL 06-BNC2M3ESC		2			3
SALUS 2012-1I SUB 03/05/21		900,000			453,510
SALUS 2012-1IN SUBN 03/05/21		2,600,000			1,310,140
SAMI 04-AR5 2A3		17,917			15,250
SAMI 05-AR7 B3ESC		2			3
SAMI 05-AR8 B1ESC		2			2
SAMI 05-AR8 B2ESC		2			3
SAMI 06-AR3 12X		1,885,069			81,435
SANTANDER HOLDINGS USA		900,000			914,981
SANTANDER UK GROUP HLDGS		225,000			223,472
SARM 04-6 B1		97,501			69,581
SASC 06-BC1 M4ESC		2			3
SASC 06-BC1 M7ESC		2			3
SASC 06-BC4 M2ESC		1			—
SASC 06-BC6 M2 ES		1			—
SASC 06-S4 M1ESC		1			—
SASC 07-BC1 M2ESC		1			—
SASC 07-EQ1 M2 ES		1			—
SAUR NEW TL EUR		—			—
SAUR NEW HLCO TLA		20,831			20,616
SAUR NEW HLCO TLB		552,190			509,024
SAUR NEW PIK A		115,796			69,800
SAUR NEW PIK C		26,268			15,834
SCHOLAR FUNDING TRUST		231,502			225,915
SCTY 2.75 18		104,000			100,092
SEAWL 06-4E1 AESC		0			—
SEAWL06-4 D2 AESC		0			—
SGMS 10 22		400,000			283,250
SIEGR 1.05 XW		1,000,000			993,360
SIEGR 1.65 XW		1,000,000			983,250
SIEMENS FINANCIERINGSMAT 1.65 08/16/2019		(2,250,000	)		(2,477,250	)
SINA 1 12/18		1,231,000			1,194,070
SLM STUDENT LOAN TRUST		2,067,809			2,053,659
SLOSO 05-1A A1LAA		314,660			251,595
SLOSO 05-1AA1LA		884,623			751,929

46

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
SLOSO 07-1A A1LAA		521,814			361,673
SMALL BUSINESS ADMINISTRATION		377,908			422,287
SMIZCH 0% 18		300,000			340,500
SNDK 1.5 17		1,379,000			2,166,003
SNY SUB NOTES		959,001			994,964
SOLIDIUM OY 0 09/04/2018		(1,100,000	)		(1,373,217	)
SOUTHERN CO		200,000			197,967
STEINHOFF FINANCE HLDG 1.25 08/11/2022 CVB		(900,000	)		(1,001,927	)
SUMITOMO MITSUI BANKING		600,000			596,593
SUNTRUST BANKS INC		200,000			200,989
SURF 06-AB2 M4ESC		2			9
SURF 06-BC1 M4ESC		2			9
SURF 07-BC1 M2ESC		1			—
SVENSKA HANDELSBANKEN AB 2.625 08/23/2022		(100,000	)		(119,021	)
SVENSKA HANDELSBANKEN AB 4.375 10/20/2021		(100,000	)		(129,731	)
SVENSKA HANDELSBANKEN AB 5.125 03/30/2020 144A		(100,000	)		(110,949	)
SVHE 06-OPT3M3ESC		2			8
SVHE 06-OPT3M5ESC		2			8
SVHE 06-OPT4M3ESC		2			8
SVHE 06-OPT5M4ESC		2			8
SWAN		101,818			74,860
SWEDBANK AB		200,000			197,615
SWEDBANK HYPOTEK AB		1,200,000			152,658
SWEDISH GOVERNMENT		1,100,000			148,749
SWISS LIFE HOLDING AG 0 12/02/2020		(430,000	)		(546,137	)
SYNCHRONY FINANCIAL		325,000			323,832
TBRNA 06-6A A2_A		249,000			92,130
TCKBCN 5.2 42		40,000			16,900
TELEFONICA EMISIONES SAU		400,000			407,761
TENN VALLEY AUTHORITY		763,000			904,968
TESCO PROPERTY FIN 2 PLC		183,403			253,401
TESCO PROPERTY FIN 6 PLC		198,858			247,500
THEAT 07-1 C		315,748			443,353
THEAT 07-1 D		114,094			160,329
THEAT 07-2 B		99,048			139,151
THEAT 07-2 C		221,112			310,471
THEAT 07-2 D		51,298			72,086
THQ 5 14DFTESCROW		728,000			80,080
THUNDERBIRD RESOURCES		352,693			331,531
TIBC SYN CLAIM		195			10
TIME WARNER CABLE INC		183,000			191,441
TMTS05-16HE M3AES		2			3
TMTS05-16HE M4AEC		2			3
TOHO 0% 19		30,000,000			351,572
TORO 06-2A C_AESC		2			2
TORRENS TRUST		88,745			64,970
TRANS CANADA PIPELINES		600,000			597,631
TREASURY BILL		7,190,000			7,174,017
TREASURY CORP VICTORIA		100,000			87,187
TROPC 04-1A A1LA2		184,699			138,552
TROPC 04-4AA2LA		1,109,000			608,719
TROPC06-5AA1L2A		1,711,265			1,117,670
TSL 3.5 19		415,000			410,458
TSL 4 10/19		394,000			378,110
TSLA 1.25 21		597,000			551,189
TSLA 1.5 18		1,140,000			2,231,752
TSY INFL IX N/B		16,855,328			16,710,289
TTWO 1.75 16		298,000			544,947
TWRFIN 8.75 4/20		1,165,942			1,537,102
TWRFIN FLT 3/20A		32,874			49,835
TXU 15 4/21 DFTNA		851,000			55,315
TXU 2017 LC		390,688			123,067
TXU EXT TL		10,818,343			3,337,459
TXU TL B3		1,570,024			470,034
UBS AG JERSEY BRANCH		1,000,000			1,043,292
UBS GROUP FUNDING		300,000			299,689
UK TSY 3 1/4 2044		700,000			1,148,326
UK TSY 4 1/4 2040		900,000			1,713,724
UK TSY 4 3/4 2038		100,000			201,405
UNIBAIL-RODAMCO SE		(1,626	)		(630,462	)
UNITEDHEALTH GROUP INC		100,000			103,088
US BANCORP		300,000			301,410
US TREASURY 2 1/4% 11/15/25		230,000			229,605
US TREASURY N/B		58,090,000			58,092,450
US TREASURY NOTE 0.625 08/31/2017		(1,000,000	)		(993,789	)
UST 1.625 07/19		2,150,000			2,158,482
VEDANTA RESOURCES PLC 6.75 06/7/2016 (REG S)		(400,000	)		(361,250	)

47

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
VEDLN 5.5 16		200,000			163,000
VENTAS REALTY LP/CAP CRP		400,000			398,047
VERIZON COMMUNICATIONS		1,700,000			1,761,933
VINCOM 5% 17		600,000			798,000
VIPS 1.5 19		275,000			291,070
VIVARTE PPN EUR		12,344			13,339
VRS 8.75 19		43,000			69
VRSN STEP 8/37		711,000			1,819,135
WACHOVIA BANK COMMERCIAL MORTG		1,325,000			1,331,895
WACHOVIA CORP		200,000			199,630
WACHOVIA MORTGAGE LOAN TRUST,		213,271			192,376
WACHOVIA STUDENT LOAN TRUST		105,209			103,153
WALGREENS BOOTS ALLIANCE		500,000			499,060
WAMU 04-AR10 X		477,689			27,157
WAMU 04-AR12 X		621,689			33,870
WAMU 06-AR1 B2ESC		1			—
WAMU 06-AR3 B2ESC		1			—
WAMU 07-OA3 B1ESC		1			—
WAMU MORTGAGE PASS THROUGH CER		595,937			549,695
WAMU06-AR6 2A4ESC		2			919
WBCMT 07-ESHMAESC		0			—
WELLS FARGO + COMPANY		1,100,000			1,093,349
WELLS FARGO MORTGAGE BACKED SE		182,563			178,618
WELLTOWER INC		500,000			499,552
WESTERN GAS PARTNERS		600,000			579,763
WESTPAC BANKING CORP		1,650,000			1,645,049
WFMBS 06-4 1A13		43,368			40,244
WFMBS 06-9 1A5		15,726			5,171
WI TREASURY N/B		5,100,000			5,100,000
WI TREASURY SEC.		2,100,000			2,099,853
WINPP I D 01/23		6,884			5,458
WINSWY8.5 16DFTNA		673,000			98,426
WM WRIGLEY JR CO		300,000			300,801
WM6.534 49A NA		124			—
WM6.895 49A NA		120			—
WMABS 06-HE1M4ESC		1			—
WMABS 07-HE2M1ESC		1			—
WMALT 06-5 3M4ESC		2			8
WMALT 07OA3MB2ESC		1			—
WMALT 07-OA3MBESC		1			—
WMHE 07-HE1 M2ESC		1			—
WOODS 2013-10A SUB (144A)		1,200,000			510,000
WOODS 2014-12A SUB (144A)		2,000,000			980,000
WPX 6 1/22		336,000			235,830
WPX 7.5 8/20		50,000			40,375
WTW TL B2 1L		0			—
XPO LOGISTICS INC 6.5 06/15/2022 144A		(70,000	)		(64,750	)
YY 2.25 4/19		166,000			161,048
ZIGGURAT CLO LTD 2014-1A SUB 1		1,400,000			700,000
ZIGGURAT CLO LTD 2014-1F 10/17		300,000			229,530
ZIMMER BIOMET HOLDINGS		200,000			196,616
Total Fixed Income Securities		3,334,342,737		$	415,188,002
Derivatives
90DAY EURO$ FUTR DEC19		(1	)		(1,072	)
90DAY EURO$ FUTR MAR18		(1	)		(4,863	)
90DAY EURO$ FUTR MAR20		(1	)		(789	)
90DAY EURO$ FUTR SEP20		(1	)		(561	)
90DAY EURO$ FUTR DEC16		(3	)		(3,940	)
90DAY EURO$ FUTR DEC17		(3	)		(3,998	)
90DAY EURO$ FUTR DEC18		(1	)		(4,611	)
90DAY EURO$ FUTR DEC20		(1	)		170
90DAY EURO$ FUTR JUN16		(3	)		(3,221	)
90DAY EURO$ FUTR JUN17		(3	)		(2,813	)
90DAY EURO$ FUTR JUN18		(1	)		(5,001	)
90DAY EURO$ FUTR JUN19		(1	)		(3,485	)
90DAY EURO$ FUTR JUN20		(1	)		(1,588	)
90DAY EURO$ FUTR MAR16		(3	)		(2,603	)
90DAY EURO$ FUTR MAR17		(3	)		(3,120	)
90DAY EURO$ FUTR MAR19		(1	)		(4,254	)
90DAY EURO$ FUTR SEP16		(3	)		(4,681	)
90DAY EURO$ FUTR SEP17		(3	)		689
90DAY EURO$ FUTR SEP18		(1	)		(5,212	)
90DAY EURO$ FUTR SEP19		(1	)		(2,806	)
A 2016 JAN 45 CALL 01/15/2016		462			10,164
A2A SPA SWP		558,140			58,773
AA DFT 100 12/20/2020 CITI		298,000			38,488

48

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
AB INBEV DFT 100 12/20/2020 CITI		150,000			(1,930	)
AB INBEV DFT 100 12/20/2020 MS		550,000			(7,075	)
ABENGOA SA- B SHARES SWP BAR		(48,438	)		2,529
ABENGOA SA- B SHARES SWP CITI		(73,581	)		(1,947	)
ABENGOA SA- B SHARES SWP CITI		18,951			21
ABENGOA SA- B SHARES SWP CS		(9,566	)		401
ABENGOA SA- B SHARES SWP DB		(3,927	)		182
ABENGOA SA- B SHARES SWP JPM		(3,088	)		167
ABENGOA SA- B SHARES SWP MS		(5,236	)		273
ABENGOA SA- B SHARES SWP UBS		(3,827	)		191
ABN AMRO GROUP NV-GDR W/I SWP		137,028			409,421
ACCIONA S.A. 3 01/30/2019 CVB SWP SG		300,000			23,879
ACCIONA SA SWP SG		(4,101	)		(24,667	)
ACTIVE BIOTECH AB SEB SWP		(1,946	)		3,702
ACTIVE BIOTECH AB SWP BOA		(166	)		316
ACTIVE BIOTECH AB SWP JPM		2,278			(4,288	)
ACTIVE BIOTECH AB SWP UBS		(166	)		316
ADIDAS AG CS SWP		181			313
ADIDAS AG SWP		(2,411	)		(2,395	)
ADS GR 2016 JAN 84 PUT 01/15/2016		71			2,403
ADS GY 2016 DEC 100 CALL 12/16/2016		31			16,532
ADS GY 2016 DEC 63 PUT 12/16/2016		31			4,444
ADS GY 2016 DEC 84 CALL 12/16/2016		15			18,940
ADVANCED SEMI USD SWP MACQ		(102,000	)		21,570
ADVANCED SEMICONDUCTOR ENGR USD SWP CITI		(29,000	)		(1,729	)
ADVANCED SEMICONDUCTOR L+175 ASW 05SEP18 JPM		200,000			60,380
ADVANCED SEMICONDUCTOR L+180 ASW 05SEP18		400,000			121,310
ADVANCED SEMICONDUCTOR USD SWP BOA		(64,000	)		(5,961	)
ADVANCED SEMICONDUCTOR USD SWP MS		(216,000	)		50,871
ADVANTEST COPR L+90 ASW 14MAR19 MIZ		10,000,000			3,872
ADVANTEST CORP CITI JPY SWP		5,100			4,953
ADVANTEST CORP CS JPY SWP		(5,100	)		(4,715	)
ADVANTEST CORP L+90 ASW 14MAR19 MIZ		10,000,000			3,872
AER 2016 JAN 40 PUT 01/15/2016		28			770
AETNA INC SWP JPM		833			(865	)
AFRICAN BANK INVESTMENTS LTD SWP CS		(1,630	)		33
AFRICAN BANK INVESTMENTS SWP BARC		1,630			(33	)
AGN Feb16 325 CALL		(54	)		(34,560	)
AGN Jan16 255 PUT		(77	)		(1,155	)
AGN Jan16 260 PUT		(14	)		(350	)
AGN Jan16 270 PUT		(20	)		(800	)
AIR FP 2016 MAR 72 CALL 03/18/2016		25			1,765
AIR FRANCE SWP SG		(14,636	)		(8,359	)
AIR FRANCE-KLM 2.03% 15FEB2013 SWP SG		45,515			14,475
AIR FRANCE-KLM DFT 500 12/20/2019 CS		44,815			(3,018	)
AIR FRANCE-KLM DFT 500 12/20/2020 SG		161,500			(8,388	)
AIR LIQUIDE SA SWP		(5,557	)		28,823
AIR LIQUIDE USD SWP		(2,487	)		9,413
AIRBUS 100 DFT 12/20/2020 BARCLAYS		(133,000	)		1,967
AIRBUS 100 DFT 12/20/2020 CITI		(133,000	)		1,967
AIRBUS GROUP NV 0 07/01/2022 CVB SWP BOA		(300,000	)		(1,175	)
AIRBUS GROUP SE SWP BOA		646			(1,346	)
AIRBUS GROUP SE SWP		(16,634	)		(92,849	)
AIRBUS GROUP SE SWP		(2,274	)		3,092
AISIN SEIKI CO LTD SWP UBS		(3,700	)		(27,059	)
AIXTRON SE SWP BAR		(271	)		416
AIXTRON SE SWP JEF		271			(281	)
ALCATEL LUCENT DFT 500 03/20/2019 CITI		118,000			(19,410	)
ALCATEL LUCENT DFT 500 03/20/2019 CS		383,000			(62,999	)
ALCATEL-LUCENT SWP SG		—			(4	)
ALCATEL-LUCENT 0.125 01/30/20 SWP BNP		467,194			64,630
ALCATEL-LUCENT 0.125 01/30/20 SWP DB		106,612			27,528
ALCATEL-LUCENT 0.125 01/30/20 SWP SG		263,983			44,571
ALCATEL-LUCENT SWP BNP		(472,460	)		(51,325	)
ALCATEL-LUCENT SWP BNP EXP		(338,605	)		(36,784	)
ALCATEL-LUCENT SWP CITI LOCK		(21,552	)		(10,472	)
ALCATEL-LUCENT SWP DB		(41,073	)		(8,715	)
ALCATEL-LUCENT SWP DB EXP		(95,962	)		(20,362	)
ALCATEL-LUCENT SWP SG		(439,628	)		(55,818	)
ALCATEL-LUCENT SWP SG EXP		(725,567	)		(92,414	)
ALPHABET INC-CL C SWP		461			(347	)
ALPHABET INC-CL C SWP		92			1,386
ALUFP 0% 01/19 SWP BNP		755,072			169,664
ALUFP 0% 01/19 SWP DB		217,532			59,695
ALUFP 0% 01/19 SWP SG		418,515			76,647
AMD 2016 JAN 2.5 CALL 01/15/2016		726			30,855
AMERISOURCEBERGEN CORP SWP MS		(924	)		(1,789	)

49

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
AMGN 2016 JAN 170 CALL 01/15/2016		55			3,053
AMLIN PLC SWP CS		9,127			407
AMR CORP SWP		97,974			89,675
ANA HOLDINGS INC SWP CS		(24,000	)		(1,758	)
ANA HOLDINGS INC MS JPY SWP		(147,000	)		(3,263	)
ANHEUSER-BUSCH INBEV NV SWP USD		27,461			168,230
ANHUI CONCH CEMENT A USD SWP JPM		4,200			(2,262	)
ANHUI CONCH CEMENT CO LTD HKD SWP CITI		(30,000	)		12,262
ANHUI CONCH CEMENT CO LTD HKD SWP JPM		(3,500	)		2,468
ANHUI CONCH CEMENT CO LTD SWP USD CITI		32,000			(7,176	)
AO WORLD PLC		193,096			69,936
APC Feb16 65 PUT		(74	)		(124,135	)
APR16 0.4 CALL		(1,300,000	)		(49	)
APR16 1.4 PUT		(1,300,000	)		(28,566	)
ARAMARK HOLDINGS CORP SWP		(3,378	)		4,430
ARCELORMITTAL SWP CITI		(12,351	)		(5,356	)
ARCELORMITTAL SWP HSBC		(6,175	)		(2,869	)
ARCELORMITTAL SWP SG SHORT		(24,701	)		(9,064	)
ARCELORMITTAL SWP JPM		43,227			17,406
ARCELORMITTAL SWP SG		(13,136	)		82,720
ARCELORMITTAL SWP USD SG		(47,339	)		271,463
ARKEMA SWP		20,210			(66,715	)
ARM DFT 03/20/2019 500 CITI		125,000			(4,892	)
ARM DFT 500 03/20/2019 BARC		275,000			(9,364	)
ARM HOLDINGS PLC		(21,400	)		(4,324	)
ARM HOLDINGS PLC		(25,270	)		25,038
ASHMORE GROUP PLC SWP BARC		3,050			(1,399	)
ASHMORE GROUP PLC SWP BARCLAYS SHORT		(3,705	)		(551	)
ASHMORE GROUP PLC SWP BOA		(11,724	)		1,748
ASHMORE GROUP PLC SWP CS		(6,176	)		749
ASHMORE GROUP PLC SWP DB		(6,175	)		(460	)
ASHMORE GROUP PLC SWP HSBC		(618	)		120
ASHMORE GROUP PLC SWP JPM		16,116			2,169
ASHMORE GROUP PLC SWP NOMURA		(678	)		(142	)
ASHMORE GROUP PLC SWP UBS		12,380			(1,600	)
ASHMORE GROUP PLC SWP CITI		(2,470	)		(511	)
ASSICURAZIONI GENERALI SWP		(18,624	)		(9,634	)
ASTALDI SPA 4.5 01/31/2019 CVB SWP CITI		100,000			189
ASTALDI SPA 4.5 01/31/2019 CVB SWP SG		300,000			(19,697	)
ASTALDI SPA DFT 500 06/20/2017		70,000			1,151
ASTALDI SPA DFT 500 06/20/2019 CITI		113,000			10,048
ASTALDI SPA SWP SG		(27,990	)		35,908
ASTRAZENECA PLC SWAP		(8,537	)		(26,051	)
AT&T INC SWP		(6,812	)		(4,474	)
AT&T INC SWP		(3,492	)		576
AUD					1,865
AURUBIS AG SWP SG		(8,360	)		59,395
AUST & NZ BANKING GROUP SWP JPM		(9,319	)		(5,976	)
AUST AND NZ BANKING AUD SWP CITI		(10,872	)		(6,402	)
AUST AND NZ BANKING AUD SWP MACQ		(14,367	)		(13,109	)
AUST AND NZ BANKING AUD SWP UBS		(22,967	)		(7,882	)
AUSTRALIAN DOLLAR Forward		(3,950,000	)		(35,756	)
AUSTRALIAN DOLLAR Forward		(1,940,000	)		5,475
AVIVA PLC SWP		494,798			(191,452	)
AVIVA PLC SWP		283,627			44,839
AVIVA PLC SWP EUR		59,779			(57,302	)
AXA SA SWAP		(13,272	)		(4,188	)
AXIS BANK BNP USD SWP		56,051			11,272
AXIS BANK USD SWP CS		86,529			1,133
AXIS BANK USD SWP MS		83,761			(1,036	)
AZIMUT HOLDING SPA SWP		65,304			(62,044	)
B&M EUROPEAN VALUE RETAIL SA SWP		200,151			(173,308	)
BAC 2017 JAN 17 CALL 01/20/2017		104			17,420
BAC DFT 100 09/20/2020 CS		1,071,000			(16,009	)
BANGKOK DUSIT ASW 500 18SEP17 CS		30,000,000			94,916
BANGKOK DUSIT MED SERVICE-F SWP MACQ		(261,000	)		(12,056	)
BANGKOK DUSIT MED SERVI-NVDR SWP CSCAP		(540,800	)		(24,602	)
BANK OF AMERICA CORP-WRTS 01/16/19		(7,691	)		(44,723	)
BANK OF QUEENSLAND LTD SWP MACQ		(912	)		(1,365	)
BARRATT DEVELOPMENTS PLC SWP		(49,124	)		(81,601	)
BAX 2016 FEB 37.5 CALL 02/19/2016		92			15,824
BCA MARKETPLACE PLC SWP		449,150			78,635
BENDIGO AND ADELAIDE BANK AUD SWP MACQ		(1,107	)		(1,432	)
BENI STABILI SPA 2.625 04/17/2019 SWP BNP		300,000			7,759
BENI STABILI SPA DFT 500 12/20/2020 CS		196,000			(42,043	)
BENI STABILI SPA DFT 500 3/20/2018 BARC		100,000			(11,206	)
BENI STABILI SPA DFT 500 3/20/2018 MS		100,000			(11,206	)

50

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
BENI STABILI SPA SWP CITI		(260,588	)		(33	)
BG GROUP PLC SWAP		299,547			(15,757	)
BHP BILLITON DFT 100 20DEC20 DB		192,000			7,121
BLL 2016 FEB 72.5 CALL 02/19/2016		555			222,000
BNP PARIBAS 0.25 09/27/16 SWP CS		(700,000	)		51,737
BOEING CO SWP DB		(984	)		1,671
BORA BORA RSRCES LTD FREE OPTIONS K=0.40 03/31/17		9,715			—
BP CURRENCY FUT MAR16		(33	)		85,219
BRAIT SE 2.75 09/18/2020 SWP BNP		1,400,000			(29,987	)
BRAIT SE GBP SWP BNP		(127,631	)		16,091
BRAZIL REAL Forward		2,800,000			(28,012	)
BRCM 2016 FEB 80 PUT 02/19/2016		3			7,815
BRCM 2016 MAR 65 CALL 03/18/2016		(1	)		(27	)
BRCM 2016 MAR 65 PUT 03/18/2016		1			1,070
BRENT-DUBAI ICE APR16		32,900			(33,050	)
BRENT-DUBAI ICE APR16		(1,000	)		—
BRENT-DUBAI ICE FEB16		(1,300	)		1,629
BRENT-DUBAI ICE FEB16		(1,000	)		—
BRENT-DUBAI ICE JAN16		1,300,000			—
BRENT-DUBAI ICE JAN16		(1,000	)		—
BRENT-DUBAI ICE JUN16		1,900,000			8,079
BRENT-DUBAI ICE JUN16		(1,000	)		—
BRENT-DUBAI ICE MAR16		(5,600	)		8,613
BRENT-DUBAI ICE MAR16		(1,000	)		—
BRENT-DUBAI ICE MAY16		(375,000	)		(9,209	)
BRENT-DUBAI ICE MAY16		(1,000	)		—
BRITISH POUND Forward		200,000			(2,264	)
BRITISH POUND Forward		(12,627,987	)		280,117
BRITISH POUNDS SPOT		324			477
BRL					(87,472	)
BROADCOM CORP-CL A SWP MS		9,560			9,854
BURBERRY GROUP PLC SWP		(6,998	)		15,613
BWU00AH98 IRS JPY R V 06MLIBOR		600,000,000			(86,792	)
BWU00AR30 IRS EUR R V 06MEURIB		400,000			(18,186	)
BWU00BT10 IRS EUR R V 06MEURIB		1,300,000			42,064
BWU00CRX0 IRS GBP R V 06MLIBOR		800,000			(7,410	)
BWU00CTK6 IRS USD R V 03MLIBOR		100,000			(216	)
BWU00D6D5 IRS USD R V 03MLIBOR		3,500,000			(101,576	)
BWU00D991 IRS USD R V 03MLIBOR		300,000			(6,065	)
BWU00DAD0 IRS USD R V 03MLIBOR		22,200,000			(453,326	)
BWU00DG28 IRS USD R V 03MLIBOR		1,300,000			(27,507	)
BWU00DMF2 IRS GBP R V 06MLIBOR		3,800,000			(37,072	)
BWU00DW12 IRS GBP R V 06MLIBOR		150,000			(4,064	)
BWU00E7A8 IRS GBP R V 06MLIBOR		100,000			552
BWU00EF43 IRS USD R V 03MLIBOR		15,700,000			85,231
BWU00FK69 IRS AUD R V 06MBBSW		200,000			(1,260	)
BWU00FL35 IRS USD R V 03MLIBOR		3,100,000			20,185
BWU029303 TRS USD P E		(8,100	)		(16,156	)
BWU029303 TRS USD R V 03MTBIL
BWU029386 TRS USD R V 03MTBILL
BWU029691 TRS USD P E		(40,990	)		(40,199	)
BWU029691 TRS USD R F .12000
BYD CO LTD - H HKD SWP BOA		(500	)		266
BYD CO LTD - H HKD SWP MACQ		(19,000	)		7,035
BYD CO LTD - H HSBC HKD SWP		(26,500	)		20,478
BYD CO LTD-H SWP BNP		(12,000	)		5,116
C$ CURRENCY FUT MAR16		4			(4,445	)
CA US 2016 FEB 29 CALL 02/19/2016		92			7,360
CAA US 2016 JAN 30 CALL 01/15/2016		(125	)		(118,750	)
CAA US 2016 JAN 7 CALL 01/15/2016		(184	)		(12,880	)
CAC40 10 EURO FUT JAN16		(12	)		(10,492	)
CAD					(492	)
CAIXABANK 4.5 11/22/2016 CVM SWP SCOB		1,000,000			(78,194	)
CAIXABANK 4.5 11/22/2016 SWP CITI		1,800,000			(392,679	)
CAIXABANK DFT 100 12/20/2016 JPM		100,000			(396	)
CALM 2016 FEB 62.5 CALL 02/19/2016		52			1,040
CALM 2016 FEB 75 CALL 02/19/2016		(7	)		(51	)
CALM 2016 FEB 75 PUT 02/19/2016		8			24,160
CALM 2016 FEB 80 CALL 02/19/2016		(9	)		(46	)
CALM 2016 FEB 80 PUT 02/19/2016		10			35,150
CAL-MAINE FOODS INC SWP JEF		1,986			(3,251	)
CAN 10YR BOND FUT MAR16		(1,100,000	)		—
CANADIAN DOLLAR Forward		(15,890,000	)		156,489
CANADIAN PACIFIC RAILWAY LTD SWP		3,950			(33,099	)
CANADIAN PACIFIC RAILWAY LTD SWP		673			2,939
CANCOM SE SWP CITI		(4,762	)		(15,168	)
CANCOM SE 0.875 03/27/2019 SWP CITI		300,000			13,702

51

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
CARILLION PLC SWP		(60,676	)		28,750
CASINO GUICHARD PERRACHON SWP CITI		(1,235	)		(230	)
CASINO GUICHARD PERRACHON SWP JPM		4,941			1,055
CASINO GUICHARD PERRACHON SWP SG		(1,853	)		(372	)
CASINO GUICHARD PERRACHON SWP UBS		(618	)		(125	)
CASINO GUICHARD PERRACHON SWP CS		(1,235	)		(244	)
CASIO COMPUTER CO LTD		(82,168	)		(342,672	)
CATCHER TECHNOLOGY CO LTD		(158,990	)		268,611
CATCHER TECHNOLOGY CO LTD USD SWP MS		(6,000	)		13,170
CATHAY FINANCIAL SWP USD MS		(122,000	)		26,931
CBI 2016 JAN 67.5 CALL 01/15/2016		(16	)		—
CBI 2016 JAN 67.5 PUT 01/15/2016		16			45,280
CBI 2016 JAN 70 CALL 01/15/2016		(1	)		(3	)
CBI 2016 JAN 70 PUT 01/15/2016		1			3,105
CCL 2016 MAR 57.5 CALL 03/18/2016		316			36,340
CCL SWAP MS		(7,407	)		(16,033	)
CCS160078 CYS USD R V 03MLIBOR		2,804,878			891,529
CCS160086 CYS USD P V 03MLIBOR		(2,804,878	)		—
CCS200114 CYS USD R V 03MLIBOR		327,600			(3,575	)
CCSBAN097 CYS USD P V 03MLIBOR		(319,500	)		9,579
CCSBAN139 CYS EUR R V 03MEURIB		(910,560	)		11,239
CCSGCG016 CYS USD P V 03MLIBOR		(106,100	)		3,593
CCSGCG032 CYS USD P V 03MLIBOR		(2,413,400	)		2,530
CCSNN0014 CYS USD P V 03MLIBOR		(1,842,800	)		24,026
CCSNN0030 CYS USD P V 03MLIBOR		336,040			4,026
CCSNN0055 CYS EUR R V 03MEURIB		(1,755,200	)		1,840
CCSNN0071 CYS EUR R V 03MEURIB		(1,864,900	)		1,955
CCSNN0097 CYS USD P V 03MLIBOR		(1,409,200	)		17,394
CCSNN0113 CYS USD P V 03MLIBOR		(2,961,900	)		3,105
CDW CORP/DE SWP CS		(1,167	)		381
CDX NA HY SER 25 500 12/20/2020 ICE		2,112,000			(28,414	)
CENTRAL JAPAN RAILWAY CO USD SWP SG		(2,100	)		9,299
CF US 2016 JAN 41.5 PUT 01/15/2016		39			6,377
CGG SWP CS		(1,235	)		50
CGG SWP SG		(1,235	)		30
CGN POWER CO LTD-H SWP JPM		(420,000	)		15,352
CGN POWER CO LTD-H SWP MACQ		(263,000	)		10,276
CGN POWER CO LTD-H SWP SG		(142,000	)		5,154
CHENIERE ENERGY PARTNERS LP SWP CS		(1,813	)		(9,471	)
CHESAPEAKE ENERGY SWP CSFB		269,896			23,414
CHEUNG KONG INFRASTRUCTURE SWP MS		(9,000	)		(3,388	)
CHEUNG KONG INFRASTRUCTURE HOLDINGS LTD SWP CITI		(12,000	)		(482	)
CHEUNG KONG INFRASTRUCTURE SWP CS		(11,000	)		(4,282	)
CHEVRON CORP SWP DB		(14,048	)		(47,100	)
CHF CURRENCY FUT MAR16		(1	)		1,509
CHICAGO ETHANOL S DEC16		123			31,734
CHICAGO ETHANOL S DEC16		168,000			—
CHICAGO ETHANOL S JAN16		63			7,623
CHICAGO ETHANOL S JAN16		42,000			—
CHINA CONSTRUCTION BANK -A USD SWP JPM		26,200			1,304
CHINA CONSTRUCTION BANK-A USD SWP CITI		(52,400	)		(1,508	)
CHINA COSCO HOLDINGS-H		(853,520	)		252,556
CHINA MEDICAL TECH-SPON ADR SWP CS		(9,062	)		91
CHINA MENGNIU DAIRY CO HKD SWP BNP		(20,000	)		6,816
CHINA MENGNIU DAIRY CO HKD SWP DB		(22,000	)		8,046
CHINA MERCHANTS SHEKOU INDUS HKD SWP CITI		178,697			43,269
CHINA PETROCHEMICAL DEV CORP SWP USD JPM		(104,000	)		14,881
CHINA PETROCHEMICAL DEV CORP USD SWP CITI		(270,000	)		34,926
CHINA PETROCHEMICAL DEV L+190 ASW 17DEC17 BAR		200,000			9,420
CHINA PETROLEUM & CHEMICAL-A USD SWP BOA		(11,900	)		3,385
CHINA PETROLEUM & CHEMICAL-A USD SWP CITI		(26,600	)		9,625
CHINA RENMINBI Forward		17,250,000			(13,196	)
CHINA RENMINBI Forward		(19,700,000	)		74,582
CHINA RESOURCES GAS GROUP LTD SWP BNP		(2,000	)		(695	)
CHINA RESOURCES GAS GROUP LTD SWP DB		(6,000	)		(1,404	)
CHINA RESOURCES GAS GROUP LTD SWP HSBC		(2,000	)		(111	)
CHINA STEEL CORP		(674,284	)		87,747
CHINA VANKE CO LTD-H SWP BARC		(94,200	)		(42,317	)
CHINA VANKE CO LTD-H SWP CITI		(24,800	)		(11,845	)
CHIPOTLE MEXICAN GRILL INC SWP		(853	)		57,646
CHIYODA CORP SWP BAR		(25,000	)		23,597
CHIYODA CORP MS JPY SWP		(8,000	)		2,308
CHK 2016 APR 10 CALL 04/15/2016		(44	)		(286	)
CHK 2016 APR 10 PUT 04/15/2016		44			26,400
CHK 2016 APR 11 CALL 04/15/2016		(5	)		(25	)
CHK 2016 APR 11 PUT 04/15/2016		5			3,513
CHK 2016 JAN 10 CALL 01/15/2016		18			0

52

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
CHK 2016 JAN 10 PUT 01/15/2016		(18	)		(10,035	)
CHK 2016 JAN 4 PUT 01/15/2016		1,148			25,256
CHTR 2016 MAR 210 CALL 03/18/2016		64			13,280
CHTR 2016 MAR 210 PUT 03/18/2016		(64	)		(187,520	)
CHURCH & DWIGHT CO INC SWP DB		(1,283	)		1,674
CIE FINANCIERE RICHEMONT SWP		(4,254	)		14,881
CIMPRESS NV SWP BOA		1,241			(5,462	)
CITI HONG KONG SOE REFOR SWP CITI		—			(10	)
CK HUTCHISON HOLDINGS HKD SWP BOA		22,000			9,181
CK HUTCHISON HOLDINGS LTD SWP MS		26,000			4,324
CK HUTCHISON HOLDINGS UBS HKD SWP		24,000			8,700
CLOROX COMPANY SWP CITI		(1,902	)		2,602
CME GROUP INC SWP CS		(2,773	)		14,029
CNH Forward		173,859,665			(657,086	)
CNH Forward		(299,875,102	)		836,492
CNP 2016 FEB 18 CALL 02/19/2016		156			13,650
CNX 2016 JAN 14 CALL 01/15/2016		32			7
CNX.N 2016 JAN 14 CALL 01/15/2016 OTC NOMURA		120			24
CNY					(15,839	)
COBALT INTERNATIONAL ENERGY SWP		(6,721	)		33,515
COCA-COLA ENTERPRISES SWP		215,664			(377,850	)
COCHLEAR LTD		(15,228	)		(392,041	)
COLM 2016 JAN 50 PUT 01/15/2016		46			11,730
COM FWD MAT 12/31/2015		1,000			9,260
COMM SWAP JMABFNJ1		26,331			21,078
COMM SWAP TBL-BCOMF1T		28,177			109,296
COMM SWAP TBL-BCOMTR		(54,133	)		(107,968	)
COMM SWAP TBL-JMABNICP		3,438			(10,184	)
COMM SWAP TBL-SPGCESTR		53,485			(157,695	)
COMMONWEALTH BANK OF AUST AUD SWP JPM		(2,450	)		(15,864	)
COMMONWEALTH BANK OF AUST AUD SWP UBS		(2,361	)		(17,290	)
COMMSCOPE HOLDING CO INC SWP CS		(9,243	)		8,583
CONSOLIDATED EDISON INC SWP CS		(6,866	)		(32,395	)
CONSUMER DISCRETIONARY SELECT SECTOR SWP CS		(6,237	)		(4,595	)
CONSUMER DISCRETIONARY SELECT SECTOR SWP CS		(6,211	)		11,367
CONSUMER STAPLES SELECT SECTOR SPDR SWP JPM		(59,676	)		(20,895	)
CONSUMER STAPLES SELECT SECTOR SPDR SWP JPM		(27,465	)		3,615
COSTCO SWP		(3,782	)		(7,520	)
COUNTRYWIDE PLC		113,276			(178,311	)
CPB 2016 FEB 50 PUT 02/19/2016		187			12,155
CRH PLC SWP		156,924			266,415
CRM 2016 MAR 105 CALL 03/18/2016		92			690
CRM 2016 MAR 85 CALL 03/18/2016		92			18,952
CRM 2016 MAR 95 CALL 03/18/2016		(185	)		(6,938	)
CROMWELL PROPERTY GROUP EUR SWP BOA		(320,344	)		9,649
CROMWELL SPV FINANCE 2 02/04/2020 EUR CBS BOA		1,200,000			(25,055	)
CROWN CASTLE INTL CORP SWP		28,775			(37,216	)
CROWN CASTLE INTL CORP SWP		68,279			105,513
CRRC CORP LTD - H SWP BNP		(52,000	)		5,120
CSI 300 INDEX DB USD MKT INDEX SWP		(1,200	)		76,815
CTRP 2016 JAN 10 PUT 01/15/2016		598			—
CTRP 2016 JAN 35 CALL 01/15/2016		50			59,750
CTRP 2016 JAN 65 CALL 01/15/2016		796			35
CTRP 2017 JAN 11.5 PUT 01/20/2017		524			4,990
CTRP 2017 JAN 35 CALL 01/20/2017		(50	)		(73,750	)
CUMMINS INC SWP CS		(25,103	)		412,425
CX 2016 JAN 4.63 PUT 01/15/2016		38			267
CYBERAGENT INC SWP BAR		(7,600	)		(17,041	)
CYBERAGENT INC SWP CS		(1,600	)		(1,582	)
CYBERAGENT LTD SWP NOM		(3,400	)		(1,955	)
CYRUSONE INC SWP CS		(659	)		(1,100	)
DAI GY 2018 DEC 44 PUT 12/21/2018		50			14,825
DAIHATSU MOTOR BNP JPY SWP		(4,000	)		(1,585	)
DAIHATSU MOTOR CS JPY SWP		(200	)		(135	)
DAIHATSU MOTOR DB JPY SWP		(1,300	)		966
DAIHATSU MOTOR SWP BOA		(3,600	)		4,559
DAIHATSU MOTOR SWP JPM		(2,400	)		(4,159	)
DAIHATSU MOTOR SWP NOM		(8,700	)		(2,261	)
DAIMLER AG SWP		(2,685	)		1,242
DAIMLER AG-REGISTERED SHARES SWP CITI		548			252
DAIMLER SWP CS		58			(284	)
DAL US 2016 JAN 48 CALL 01/15/2016		370			114,700
DAX 2016 JAN 11350 CALL 01/15/2016		68			6,019
DAX 2016 JAN 11650 CALL 01/15/2016		42			775
DELCLIMA SWP CS		2,589			425
DENSO CORP SWP JEF		(1,500	)		(3,344	)
DENSO CORP SWP CSFBEL		(3,000	)		(10,866	)

53

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
DENTSU INC CITI JPY SWP		(6,000	)		(32,282	)
DERWENT LONDON PLC CITI SWP		2,164			2,873
DEUTSCHE LUFTHANSA-REG SWP		(21,045	)		(50,956	)
DEUTSCHE POST AG SWP CS		846			(472	)
DEUTSCHE POST AG-REG SG SWP		262			54
DFS FURNITURE LTD- W/I SWP		78,673			73,011
DIAGEO PLC SWP		160,515			100,307
DIS 2016 JAN 105 PUT 01/08/2016		46			6,302
DISH NETWORK CORP-A SWP		47,140			(449,590	)
DJ EUROSTOXX 600 INDEX MS SWAP		(2,506	)		15,730
DJ STOXX 600 CHEM MS EUR SWP		99			(2,405	)
DJ STOXX 600 HEALTH MS SWP EUR		(1,122	)		(36,779	)
DKK					(6,043	)
DOMETIC GROUP AB SWP		27,586			17,552
DOMINOS PIZZA INC SWP		(757	)		(1,886	)
DON QUIJOTE CO LTD SWP CS		(3,900	)		1,110
DON QUIJOTE HOLDINGS CO LTD SWP MS		(3,800	)		1,533
DOW 2016 JAN 52.5 CALL 01/29/2016 OTC BOA		1,048			113,708
DOW CHEMICAL SWP		11,091			(3,555	)
DOW CHEMICAL SWP		7,928			2,705
DPW GY 2017 DEC 20 PUT 12/15/2017		45			6,960
DUNKIN BRANDS GROUP INC SWP MS		(971	)		(663	)
DYNNEGY INC-CW17 K=40 10/02/17		62,200			29,234
EASYJET PLC SWP		(20,000	)		(17,109	)
EATON CORP PLC SWP CITI		(1,848	)		2,404
EEM 2016 JAN 32.5 PUT 01/15/2016		235			15,745
EIA FTAX ONHGY DS DEC15		(42,000	)		—
ELECTRA PRIVATE EQUITY PLC SWP CITI		4,364			37,241
ELECTRA PRIVATE EQUITY PLC SWP CS		(2,354	)		(23,574	)
ELECTRA PRIVATE EQUITY PLC SWP UBS		(1,999	)		(16,394	)
EMERSON ELECTRIC CO SWP CITI		(11,871	)		(4,588	)
EMR 2016 FEB 50 CALL 02/19/2016		370			30,525
ENDO INTERNATIONAL PLC SWP DB		1,833			(2,645	)
ENEL GREEN POWER SPA SWP BOA		98,463			(8,364	)
ENEL IM 2016 DEC 4 CALL 12/15/2016		131			19,421
ENEL IM 2016 DEC 4 PUT 12/15/2016		131			36,139
ENEL IM 2016 DEC 4.8 CALL 12/15/2016		100			3,131
ENEL IM 2016 DEC 4.8 PUT 12/15/2016		100			59,926
ENEL IM 2018 DEC 4 PUT 12/20/2018		149			76,707
ENEL SPA BOA SWP EUR		(47,853	)		10,075
ENEL SPA JPM SWP EUR		77,324			(6,089	)
ENI SPA SWP		(61,796	)		99,769
ENIRO AB SWP CSFB		(4,700	)		(20	)
ENIRO AB SWP HSBC		6,175			28
ENIRO AB SWP SEB		(7,021	)		(14	)
ENIRO AB SWP SG		5,546			(192	)
ENTERPRISE INNS PLC		184,348			(44,766	)
EOP DFT 100 03/20/2017 CITI		2,500,000			(28,050	)
ERAMET SWP HSBC		186			(6,383	)
ERAMET SWP JPM		(62	)		2,135
ERAMET SWP SG		(124	)		4,280
ESTEE LAUDER COMPANIES-CL A SWP DB		(2,890	)		(10,622	)
EUR					(232,157	)
EUR					53,703
EUR FX 04/19/16 FWD (BCLC)		(2,670,000	)		(28,144	)
EUR FX 04/20/16 FWD (BRC)		(5,630,000	)		(56,927	)
EUR FX 05/16/16 FWD (ERIC) -SC		(720,000	)		9,591
EUR FX 05/18/16 FWD (ESSM) -SC		(1,890,000	)		25,176
EUR FX 1/27/16 FWD (JWJA)		(2,910,000	)		56,375
EURO FX CURR FUT MAR16		(196	)		172,427
EURO STOXX 50 MAR16		191			(53,448	)
EURO STOXX 50 MAR16		(268	)		(107,220	)
EURO STOXX ENERGY INDEX MS SWP		2,477			(57,933	)
EURO-BOBL FUTURE MAR16		(7	)		(228	)
EUROPCAR GROUPE SA SWP JPM		1,220			52
EUROPCAR GROUPE SA SWP SG		(610	)		(14	)
EUROPCAR GROUPE SA SWP UBS		(610	)		(15	)
EUROPEAN MONETARY UNIT Forward		(12,680,000	)		(303,242	)
EUROPEAN MONETARY UNIT Forward		(1,400,000	)		5,320
EUROPEAN MONETARY UNIT SPOT		1,040			1,130
EVK GR 2016 DEC 20 PUT 12/16/2016		143			5,281
EVONIK INDUSTRIES AG SWP		340			186
EXP 01/26/2016		(170,000	)		(6,410	)
EXP 02/17/2016		(2,000	)		(1,320	)
EXP 02/17/2016		2,000			920
EXP 02/24/2016		(570,000	)		(40,454	)
EXP 03/28/2016		390,000			19,748

54

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
EXP 05/25/2016		180,000			26,350
EXXON MOBIL SWP		(18,486	)		(6,484	)
EXXON MOBIL SWP		(12,124	)		42,318
FAST RETAILING JPY SWP CS		(900	)		12,273
FAST RETAILING JPY SWP MS		(400	)		14,827
FAST RETAILING JPY SWP UBS		(1,400	)		56,231
FAST RETAILING NOMURA JPY SWP		(1,400	)		11,397
FB 2016 JAN 105 CALL 01/15/2016		46			8,671
FCAU 2016 MAR 11 PUT 03/18/2016		160			2,400
FCX DFT 500 12/20/2020 CITI		1,368,975			322,927
FEB16 .000001 CALL		(6,000	)		(60	)
FEB16 1.75 CALL		(1,000,000	)		(1,059	)
FEB16 2.1 CALL		(126,000	)		(34	)
FEB16 2.3 PUT		(1,000,000	)		(777	)
FEB16 2.45 CALL		(40,000	)		(6,363	)
FEB16 6.6 CALL		(450,000	)		(2,889	)
FEB16 70 CALL		(100,000	)		(5,288	)
FEB16 71.5 CALL		3,000			30
FEB16 87 CALL		2,000			20
FHLMC TBA 30 YR 3.5		1,000,000			(147	)
FIDELITY NATIONAL INFO CS SWP USD		(3,697	)		(2,767	)
FINANCIAL SELECT SECTOR SPDR SWP BOA		(85,680	)		(80,463	)
FIRST AMERICAN FINANCIAL SWP		(6,788	)		(5,817	)
FLEETCOR TECHNOLOGIES INC SWP DB		241			471
FLIGHT CENTRE TRAVEL GROUP LTD SWP CITI		(484	)		(1,007	)
FLIGHT CENTRE TRAVEL GROUP LTD SWP CSFBEL		(12,716	)		(29,958	)
FLOW TRADERS SWP		9,081			106,482
FLSMIDTH & CO A/S SWP CITI		3,694			7,060
FLSMIDTH & CO A/S SWP DB		(1,853	)		(2,905	)
FLSMIDTH & CO A/S SWP CS		(294	)		(559	)
FLSMIDTH & CO A/S SWP MS		(494	)		(1,635	)
FLSMIDTH & CO A/S SWP SEB		(1,053	)		(1,360	)
FNMA TBA 30 YR 3		1,000,000			6,103
FNMA TBA 30 YR 3.5		1,000,000			(1,519	)
FNMA TBA 30 YR 4.5		(5,800,000	)		(15,133	)
FNMA TBA 30 YR 4.5		—			10,108
FONCIERE DES REGIONS SWP CS		560			(600	)
FONCIERE DES REGIONS 0.875% 01APR2019 SWP CS		(996	)		2,872
FORTESCUE METALS GROUP LTD AUD SWP UBS		(36,007	)		4,782
FRESENIUS AG		(3,821	)		(4,119	)
FRESENIUS AG SWP CS		8,109			29,692
FSL DFT 500 03/20/2020 DFT		131,000			(24,494	)
FTSE 100 IDX FUT MAR16		(12	)		(52,851	)
FTSE 250 INDEX CS SWAP		(22	)		(27,584	)
FTSE CHINA A50 JAN16		(40	)		16,086
FTSE KLCI FUTURE JAN16 USD FUT SWP UBS (X50)		(2,900	)		(23,555	)
FTSE/MIB IDX FUT MAR16		(3	)		(8,178	)
FUFENG GROUP LTD HKD SWP BOA		(50,000	)		2,664
FUJITSU LTD DFT 100 20SEP17 CITI		3,000,000			(366	)
GABRIEL FINANCE LTD PART 2 11/26/2016 CVB SWP CITI		900,000			(38,714	)
GAMMON INFRASTRUCTURE PROJECTS USD SWAP DB		680,896			(74,382	)
GASOLINE RBOB FUT APR16		1,050,000			—
GASOLINE RBOB FUT AUG16		(1,848	)		(97,020	)
GASOLINE RBOB FUT AUG16		(378,000	)		—
GASOLINE RBOB FUT MAR16		(168,000	)		—
GASOLINE RBOB FUT MAY16		(672,000	)		—
GASOLINE RBOB FUT NOV16		109			1,853
GASOLINE RBOB FUT NOV16		(126,000	)		—
GASOLINE RBOB FUT SEP16		1,848			314,160
GASOLINE RBOB FUT SEP16		126,000			—
GBP					(38,628	)
GBP CALL / USD PUT 07/05/2016 K=1.55 OTC JPM		1,341,725			11,155
GBP FX 2/23/16 FWD (REZA)		(2,050,000	)		120,081
GBP FX 2/24/16 FWD (RZLC)		(500,000	)		30,000
GC ULSD CAL SWAP DEC15		42,000			—
GCCFC5-GG5G.D110M 2005-GG5 G DFT 110 04/10/2037 MS		10,835			—
GDDY 2016 JAN 33 PUT 01/15/2016		17			2,678
GE 2016 JAN 30 PUT 01/08/2016		158			1,185
GE 2016 JAN 31 PUT 01/08/2016		79			2,015
GE SWAP CS		(19,880	)		(9,370	)
GEELY AUTOMOBILE HOLDINGS LTD SWP BAR		(390,000	)		2,253
GEELY AUTOMOBILE HOLDINGS LTD SWP BNP		(135,000	)		(399	)
GEELY AUTOMOBILE HOLDINGS LTD SWP HSBC		(130,000	)		4,166
GEELY AUTOMOBILE HOLDINGS LTD SWP JPM		(175,000	)		(1,020	)
GEELY AUTOMOBILE HOLDINGS LTD SWP NOM		(130,000	)		(299	)
GENWORTH MORTGAGE INSURANCE SWP MACQ		(781	)		(189	)
GLAXOSMITHKLINE PLC SWP		98,694			(22,068	)

55

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
GLAXOSMITHKLINE PLC SWP		208,256			112,376
GLOBO PLC SWP JPM		(13,388	)		4,266
GLOBO PLC SWP BOA		(6,694	)		2,132
GLOBO PLC SWP NOMURA		28,114			(8,939	)
GLOBO PLC SWP UBS		(8,032	)		2,558
GLW 2016 FEB 19 CALL 02/19/2016		185			9,158
GOGO INC SWP JPM		(435	)		609
GOOG NEW 2016 JAN 760 CALL 01/15/2016		9			11,115
GPM STUB SWP DB ESCROW		39,428			0
GPRO 2016 JAN 16 PUT 01/15/2016		86			3,268
GPRO.N 2016 JAN 17 PUT 01/08/2016		50			1,925
GPRO.N 2016 JAN 19 PUT 01/15/2016		55			9,405
GRAND CITY PROPERTIES SWP CS		18,781			87,610
GREAT WALL MOTOR COMPANY-H SWP BNP		(191,000	)		11,320
GREAT WALL MOTOR COMPANY-H SWP HSBC		(34,500	)		3,921
GRIFOLS SA		(30,938	)		(123,694	)
GROUPE BRUXELLES LAMBERT SA SWP CS		(10,296	)		(52,692	)
GULF KEYSTONE PETROLEUM LTD SWP JEF		719			(175	)
GULF KEYSTONE PETROLEUM LTD SWP BARC		16,236			(5,160	)
GULF KEYSTONE PETROLEUM LTD SWP BOA		(12,565	)		4,386
GULF KEYSTONE PETROLEUM LTD SWP CITI		(8,619	)		2,711
GULF KEYSTONE PETROLEUM LTD SWP CSFB		1,630			(704	)
GULF KEYSTONE PETROLEUM LTD SWP DB		(8,626	)		2,659
GULF KEYSTONE PETROLEUM LTD SWP JPM SHORT		(9,800	)		2,900
GULF KEYSTONE PETROLEUM LTD SWP NOM		15,711			(5,181	)
GULF KEYSTONE PETROLEUM LTD SWP SG		9,233			(2,808	)
GULF KEYSTONE PETROLEUM LTD SWP UBS		(3,919	)		1,164
GULF MARINE SERVICES SWP		(74,520	)		31,607
HAITONG SECURITIES CO LTD-A USD SWP UBS		(12,800	)		12,783
HANG SENG IDX FUT JAN16		(1	)		1,219
HANNOVER RUECKVERSICHERU-REG SWP		(1,748	)		(28,952	)
HAS 2016 FEB 65 PUT 02/19/2016		277			65,095
HASTINGS GROUP HOLDINGS-WI SWP BAR		926			(40	)
HASTINGS GROUP HOLDINGS-WI SWP BOA		(926	)		41
HEALTH CARE SELECT SECTOR SWP JPM		(255,185	)		(390,012	)
HEALTH CARE SELECT SECTOR SWP JPM		(43,270	)		31,101
HEIDELBERGER DRUCKMASCHI SWP SG		200,000			(17,213	)
HEIDELBERGER DRUCKMASCHINEN SWP SG		(29,429	)		1,490
HEINEKEN NV SWP		(12,219	)		(83,940	)
HENGAN INTL GROUP CO LTD SWP BAR		(15,000	)		10,570
HENGAN INTL GROUP CO LTD SWP HSBC		(4,000	)		3,990
HENGAN INTL GROUP CO LTD SWP MACQ		(6,500	)		6,670
HENGAN INTL GROUP CO LTD HKD SWP BNP		(5,000	)		4,152
HFSF PIRAEUS-CW17		86,047			47
HILTON WORLDWIDE HLDGS SWP CS		(8,292	)		31,459
HIMX 2016 JAN 8 CALL 01/15/2016		185			8,788
HITACHI CONSTRUCTION MACHINE		(53,882	)		35,924
HLT Jan16 26 PUT		(325	)		(146,250	)
HLT.N 2016 FEB 23 CALL 02/19/2016		462			25,410
HOG 2016 FEB 47.5 PUT 02/19/2016		184			65,780
HOLX 2016 JAN 13 PUT 01/15/2016		53			—
HON HAI PRECISION INDUSTRY		(567,880	)		97,538
HON HAI PRECISION INDUSTRY USD SWAP MS		(65,100	)		39,523
HONDA MOTOR JPM JPY SWP		(17,200	)		3,090
HONG KONG & CHINA GAS SWP HSBC		(35,000	)		2,047
HONG KONG & CHINA GAS SWP NOM		(1,000	)		41
HONG KONG DOLLAR Forward		(71,900,000	)		(2,178	)
HONG KONG DOLLAR Forward		23,000,000			103
HOV 2016 JAN 5 CALL 01/15/2016		(92	)		(14	)
HOV 2017 JAN 5.5 CALL 01/20/2017		(27	)		(553	)
HOV DFT 500 12/20/2017 BARC		350,000			64,999
HSCEI DEC2016 SRT DEC2017 100 FVA-OTC NOM		11,697,000			139,141
HSCEI DEC2016 SRT DEC2017 100 FVA-OTP NOM		(11,697,000	)		(161,147	)
HSCEI DEC2016 SRT DEC2017 110 FVA-OTC NOM		(16,710,000	)		(131,306	)
HSCEI DEC2016 SRT DEC2017 90 FVA-OTP NOM		16,710,000			130,184
H-SHARES IDX FUT JAN16		(12	)		15,595
HUNGARIAN FORINT Forward		—			(396	)
HUNGARIAN FORINT Forward		(4,800,000	)		222
IBERDROLA SA SWP		(69,646	)		(54,467	)
ICE BRENT CRUDE FUT FEB16 CASH ICE		3			(2,489	)
IFEU 20160129		19,000			—
IFEU 20160212		1,150			—
IFEU 20160219		(32,000	)		—
IFEU 20160415		400			—
IFEU 20160429		(21,000	)		—
IFEU 20160531		6,000			—
IFEU 20160610		(500	)		—

56

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
IFEU 20160729		6,000			—
IFEU 20161031		97,000			—
IFEU 20161118		2,000			—
IFEU 20161212		1,500			—
IFEU 20170131		(18,000	)		—
IFEU 20170428		(49,000	)		—
IFEU 20170612		(1,500	)		—
IFEU 20171031		1,000			—
IFEU 20171212		500			—
IFEU 20180131		12,000			—
IFEU 20180430		(8,000	)		—
IFLL 20160329		700,000			—
IFUS 20160229		(9,968,000	)		—
IFUS 20160315		(180	)		—
IFUS 20160429		(896,000	)		—
IFUS 20160513		(80	)		—
IFUS 20160630		7,392,000			—
IFUS 20160915		30			—
IFUS 20170316		180			—
IHH HEALTHCARE BHD SGD SWP DB		(315,200	)		(12,558	)
ILMN 2016 JAN 195 CALL 01/15/2016		5			3,125
ILMN 2017 JAN 180 CALL 01/20/2017		8			29,560
ILMN 2017 JAN 220 CALL 01/20/2017		3			5,595
INC RESEARCH HOLDINGS INC-A SWP BAR		(1,304	)		(1,715	)
IND & COMM BK OF CHINA-A USD SWP CITI		(62,800	)		9,726
INDAH CAPITAL LTD 0 10/24/2018 CBS DB		750,000			18,045
INDIAN RUPEE Forward		(186,900,000	)		(28,489	)
INDUSTRIAL SELECT SECT SPDR SWP BAR		(108,287	)		(162,599	)
INDUSTRIAL SELECT SECT SPDR SWP BAR		(30,540	)		27,125
INDUSTRIVARDEN AB-C SH SEP EUR CS		17,809			(29,694	)
INFRAESTRUCTURA ENERGETICA NOVA SWP BOA		(39,685	)		7,635
INNER MONGOLIA YILI INDUS-A USD SWP CITI		308,500			23,546
INR					(1,663	)
INR					8,984
INTC 2016 APR 38 CALL 04/15/2016 OTC NOMURA		464			20,880
INTERCONTINENTAL HOTELS GROUP SWP		(13,865	)		(38,638	)
INTERCONTINENTALEXCHANGE GROUP INC SWP DB		—			32
INTERNATIONAL CONSOLIDATED AIR GRP SWP		(96,454	)		(43,680	)
INTERNATIONAL GAME TECHNOLOG SWP UBS		2,629			(10,626	)
INTERVAL LEISURE GROUP SWP CS		(9,162	)		18,260
INTESA SANPAOLO SWP		(209,112	)		13,580
IPAYMENT HLDGS WARRANTS		189,058			59,081
IPG PHOTONICS CORP SWP		(6,761	)		(112,912	)
IPHI 2016 APR 35 CALL 04/15/2016 OTC BOA		92			8,740
IPHI 2016 APR 40 CALL 04/15/2016 OTC BOA		(92	)		(4,370	)
ISETAN MITSUKOSHI HOLDINGS L SWP CS		(5,300	)		(428	)
ISETAN MITSUKOSHI HOLDINGS L SWP MS		(15,900	)		2,451
ISHARES DJ US HOME CONSTRUCT SWP BOA		(25,791	)		(13,327	)
ISHARES DJ US REAL ESTATE SWP BOA		(8,231	)		16,316
ISHARES MSCI BRAZIL SWP		(7,389	)		7,872
ISHARES NASDAQ BIOTECHNOLOGY SWP		(5,134	)		(17,632	)
ITRAXX EUR SER 24 DFT 500 12/20/2020 ICE		1,250,000			(113,262	)
IWM 2016 JAN 115 CALL 01/15/2016		116			7,192
IWM 2016 JAN 115 CALL 01/29/2016		117			13,455
J FRONT RETAILING CO LTD SWP CS		(4,600	)		1,832
JACK IN THE BOX INC SWP MS		(477	)		(1,035	)
JAN16 .95 PUT		(2,200,000	)		(1,881	)
JAN16 1.8 CALL		(600,000	)		(9	)
JAN16 1082.5 PUT		(200,000	)		(1	)
JAN16 1092.5 PUT		(300,000	)		(5	)
JAN16 2.4 PUT		(600,000	)		(189	)
JAN16 250 CALL		(84,000	)		(8	)
JAN16 87 CALL		2,000			20
JAPAN POST INSURANCE CO LTD SWP BOA		2,600			(16,585	)
JAPAN POST INSURANCE CO LTD SWP CS		(1,200	)		8,978
JAPAN POST INSURANCE CO LTD SWP NOM		(900	)		6,762
JAPAN POST INSURANCE CO LTD SWP UBS		(500	)		3,737
JAPANESE YEN (JPY) SPOT		100,170			833
JAPANESE YEN Forward		(837,000,000	)		(114,872	)
JASON INDUSTRIES- WAR 09/27/18		5,403			348
JCI 2016 JAN 39 PUT 01/15/2016		47			2,938
JD 2016 JAN 32 CALL 01/15/2016		70			8,575
JKS 2017 JAN 10 PUT 01/20/2017		87			10,658
JPM 2016 JAN 68.5 CALL 01/15/2016		370			8,325
JPN YEN CURR FUT MAR16		(19	)		(21,731	)
JPY					45,299
JUN16 2.5 CALL		(84,000	)		(8	)

57

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
JUN16 4200 PUT		50			6,030
JUST EAT PLC		(62,050	)		(98,433	)
JUST ENERGY GROUP INC SWP MS		(7,495	)		(11,140	)
KAKAO CORP BNP USD SWP		(371	)		(1,229	)
KAKAO CORP CITI USD SWP		(232	)		4,995
KAKAO CORP DB USD SWP		(213	)		6,334
KAKAO CORP JPM USD SWP		(127	)		(411	)
KAKAO CORP USD SWP		(1,375	)		21,661
KAKAO CORP USD SWP BOA		(2,348	)		19,455
KAKAO CORP USD SWP CS		(1,976	)		5,494
KAKAO CORP USD SWP HSBC		(176	)		1,496
KAKAO CORP USD SWP MS		(563	)		24,745
KAKAO CORP USD SWP NOM		(1,149	)		48,904
KAKAO CORP USD SWP UBS		(526	)		25,942
KATE SPADE & CO SWP		9,656			(5,815	)
KATE SPADE & CO SWP		13,866			4,477
KDDI CORP MS JPY SWP		4,700			13,023
KERING SWP		4,578			(7,918	)
KERING SWP		12,366			32,640
KERING SWP BOA		(12,129	)		30,749
KERING SWP BOA EXP		21,709			(74,987	)
KERING SWP CITI		(10,838	)		30,359
KERING SWP EXP CITI		11,762			(30,983	)
KLOECKNER & CO SE SWP BARC		3,050			(1,141	)
KLOECKNER & CO SE SWP BARC SHORT		(1,129	)		224
KLOECKNER & CO SE SWP HSBC		(1,220	)		459
KLOECKNER & CO SE SWP JPM		(1,830	)		686
KLOECKNER & CO SE SWP JEF		1,129			(211	)
KMI 2016 JAN 16 CALL 01/08/2016		156			1,404
KMI 2016 JAN 16.5 CALL 01/15/2016		45			585
KONECRANES OYJ SWP HSBC		1,235			(1,414	)
KONECRANES OYJ SWP MS		(1,235	)		1,452
KOREA ELECTRIC POWER CORP DB SWP USD		2,833			5,839
KOREA ELECTRIC POWER CORP USD SWP BOA		5,257			3,819
KOREA ELECTRIC POWER USD SWP CITI		4,976			(2,411	)
KOREA ELECTRIC POWER USD SWP JPM		1,057			(541	)
KOREAN WON Forward		(2,400,000,000	)		(8,488	)
KOSE CORP SWP BAR		800			7,973
KOSE CORP SWP CS		2,800			(8,209	)
KOSE CORP SWP MS		6,500			36,369
KOSE CORP SWP UBS		1,100			3,744
KOSPI2 INX FUT MAR16 KRW FUT SWP JPM (X500K)		(9,500,000	)		(24,450	)
KRAFT HEINZ CO/THE SWP		11,106			(54,988	)
KRAFT HEINZ CO/THE SWP		55,459			139,323
KRW					(8,802	)
KRW					1,994
KUKA AG SWP BAR		(247	)		(4,702	)
KUKA AG SWP CITI		(124	)		(1,239	)
KUKA AG SWP CS		(248	)		(2,974	)
KUKA AG SWP DB		(371	)		(5,954	)
KUKA AG SWP JPM		2,660			42,894
KUKA AG SWP NOMURA		(234	)		(1,088	)
KUKA AG SWP SEB		(876	)		(12,574	)
KUKA AG SWP UBS		(64	)		(1,221	)
KUKA AG SWP BOA		(496	)		(7,444	)
LABORATORY CRP OF AMER HLDGS SWP		3,697			(2,093	)
LABORATORY CRP OF AMER HLDGS SWP		5,547			2,456
LAOX CO LTD SWP BOA		30,000			(13,198	)
LAOX CO LTD SWP NOM		(30,000	)		15,106
LC 2016 JAN 14 CALL 01/15/2016		184			33
LEN DFT 500 12/20/2016 BOA		500,000			(23,416	)
LG CHEM LTD USD SWP HSBC		548			10,589
LG DISPLAY CO LTD CO USD SWP MACQ		(6,985	)		1,730
LIBERTY DFT 500 09/20/2016 MS		500,000			(18,049	)
LIBERTY DFT 500 12/20/2017 CS		100,000			(8,696	)
LIBERTY DFT 500 12/20/2020 CS		600,000			(73,979	)
LINK REIT HKD SWP BAR		(4,000	)		262
LINK REIT SWP CSFBEL		(5,500	)		(84	)
LINK REIT SWP HSBI		(2,000	)		(378	)
LIXIL GROUP CORP L+60 ASW 04MAR2020 NOM		20,000,000			9,351
LIXIL GROUP CORP L+75 ASW 04MAR2020 MIZ		30,000,000			15,603
LIXIL GROUP CORP L+85 ASW 04MAR2020 MIZ		80,000,000			44,409
LLOY LN 2016 APR 80 CALL 04/15/2016		1,077			19,830
LLOY LN 2016 MAR 78 CALL 03/18/2016		439			11,316
LLOY LN 2016 MAR 80 CALL 03/18/2016		1,344			24,746
LLOYDS BANKING GROUP PLC SWP		3,792,957			(160,984	)
LLS ARGUS V WTI S APR16		3,000			—

58

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
LLS ARGUS V WTI S AUG16		2,000			—
LLS ARGUS V WTI S DEC15		3,000			—
LLS ARGUS V WTI S DEC16		2,000			—
LLS ARGUS V WTI S FEB16		3,000			—
LLS ARGUS V WTI S JAN16		3,000			—
LLS ARGUS V WTI S JUL16		2,000			—
LLS ARGUS V WTI S JUN16		3,000			—
LLS ARGUS V WTI S MAR16		3,000			—
LLS ARGUS V WTI S MAY16		3,000			—
LLS ARGUS V WTI S NOV16		2,000			—
LLS ARGUS V WTI S OCT16		2,000			—
LLS ARGUS V WTI S SEP16		2,000			—
LMCA 2016 APR 50 CALL 04/15/2016		(2	)		(17	)
LMCA 2016 APR 50 PUT 04/15/2016		2			2,140
LMCA 2016 APR 55 CALL 04/15/2016		(6	)		(10	)
LMCA 2016 APR 55 PUT 04/15/2016		6			9,390
LNG 2016 JAN 80 CALL 01/15/2016		4			0
LNG 2016 JAN 85 CALL 01/15/2016		32			1
LNG 2017 JAN 80 CALL 01/20/2017		(7	)		(602	)
LNG 2017 JAN 85 CALL 01/20/2017		(53	)		(3,472	)
LONG GILT FUTURE MAR16		(4	)		3,476
LULULEMON ATHLETICA INC SWP		(11,092	)		(12,009	)
LVMH MOET HENNESSY LOUIS VUITTON SWP		(8,895	)		43,493
MAKINO MILLING MACHINE ASW EXP 19MAR18 L+80		10,000,000			18,327
MAKINO MILLING MACHINE NOM JPY SWP		(8,000	)		3,118
MANZ AG SWP BARCLAYS		102			(3,343	)
MANZ AG SWP JPM		(73	)		2,367
MANZ AG SWP SEB		(29	)		984
MAR 2016 FEB 62.5 PUT 02/19/2016 OTC BOA		200			23,500
MAR16 .000001 CALL		(6,000	)		(60	)
MAR16 1.7 CALL		(850,000	)		(2,470	)
MAR16 2.25 PUT		(850,000	)		(4,625	)
MAR16 250 CALL		(84,000	)		(8	)
MAR16 3.8 PUT		(700,000	)		(10,758	)
MAR16 4 CALL		700,000			37,160
MAR16 4.3 CALL		(700,000	)		(18,080	)
MAR16 71.5 CALL		(100,000	)		(5,328	)
MAR16 87 CALL		2,000			20
MARKIT LTD SWP CS		(4,119	)		(3,011	)
MATERIALS SELECT SECTOR SPDR SWP JPM		(23,250	)		16,249
MATUIRTY DATE 3/31/2016		24,000			(11,298	)
MATURITY DATE 12/31/2015		7,200			(5,476	)
MAY16 2.65 CALL		40,000			6,422
MAY16 37 PUT		(400,000	)		—
MCD 2016 JAN 115 CALL 01/15/2016		387			149,963
MEIJI HOLDINGS CO LTD SWP MS		1,000			11,924
MEIJI HOLDINGS CO LTD SWP UBS		1,900			20,220
MELIA HOTELS INTERNATIONAL SWP BNP		(93,097	)		(60,643	)
MELIA HOTELS INTL SA 4.5 04/18 SWP BNP		700,000			96,270
MERITOR DFT 500 03/20/2019 BOA		500,000			(12,574	)
METTLER-TOLEDO INTERNATIONAL SWP MS		(240	)		(267	)
MEYER BURGER TECHNOLOGY 4 09/24/2020 SWP CITI		475,000			4,579
MEYER BURGER TECHNOLOGY 4 09/24/2020 SWP SCOB		110,000			1,695
MEYER BURGER TECHNOLOGY AG SWP BARC		(5,704	)		4,855
MEYER BURGER TECHNOLOGY AG SWP CITI		(14,389	)		2,818
MEYER BURGER TECHNOLOGY AG SWP JPM		1,230			(388	)
MEYER BURGER TECHNOLOGY AG SWP SG		(2,973	)		4,652
MEYER BURGER TECHNOLOGY AG SWP UBS		(8,486	)		17,563
MEYER BURGER TECHNOLOGY SWP MS		(6,750	)		2,569
MGM RESORTS INTERNATIONAL SWP		23,348			43,529
MIC 2016 JAN 80 CALL 01/15/2016		8			9
MIC 2016 JUL 70 CALL 07/15/2016		2			1,180
MICHAELS COS INC/THE SWP JPM		(8,324	)		11,935
MICRONAS SEMICONDUCTOR-REG SWP CS		679			62
MILLICOM INTL CELLULAR-SDR SWP		15,006			(187,172	)
MISARTE 3.25 01/01/2016 SWP CITI CSH		5,803			(16,491	)
MITSUBISHI CHEMICAL HOLDINGS JPY SWP MS		76,700			54,668
MITSUBISHI CHEMICAL HOLDINGS SWP CITI		23,200			10,016
MITSUBISHI CORP USD SWP SG		(19,800	)		7,873
MITSUBISHI ESTATE CO LTD USD SWP SG		(20,000	)		12,486
MITSUBISHI UFJ FINANCIAL GROUP USD SWP SG		(99,800	)		26,312
MITSUI CHEMICALS INC DFT 100 20DEC17 JPM		13,417,000			(1,508	)
MITSUI OSK LINES 387 OTC CALL 09DEC16 BZW		84,000			6,154
MITSUI OSK LINES 387 OTC PUT 09DEC2016 BZW		84,000			64,959
MITSUI OSK LINES LTD SWP BARC		89,000			(12,905	)
MITSUMI ELECTRIC CO L+75 ASW 03AUG20 MIZ		20,000,000			9,477
MITSUMI ELECTRIC CO LTD SWP CS		(1,300	)		(575	)

59

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
MITSUMI ELECTRIC CO LTD SWP NOM		(2,500	)		(1,462	)
MIZUHO FINANCIAL GROUP INC USD SWP SG		(278,000	)		7,628
MLEILROZ SWP BOA		356			2,206
MONTUPET SWP BOA		226			3
MSCI DAILY TR NET EMERGING MRKTS INDO USD SWP BARC		(70	)		(15,453	)
MSCI DAILY TR NET EMERGING MRKTS INDO USD SWP CITI		(89	)		(3,482	)
MSCI DAILY TR NET EMERGING MRKTS INDO USD SWP JPM		(285	)		(67,409	)
MSFT 2016 JAN 55 CALL 01/15/2016		52			5,798
MSOZMDIA SWP MS		(7,102	)		14,758
MT 2016 JAN 11 CALL 01/15/2016		53			0
MT.N 2016 JAN 12 CALL 01/15/2016		53			0
MT.N 2016 JAN 13 CALL 01/15/2016		167			1
MT.N 2016 JAN 13 PUT 01/15/2016		137			120,560
MT.N 2016 JAN 15 CALL 01/15/2016		216			0
MTG 2016 JAN 12 CALL 01/15/2016		(210	)		(24	)
MTOR 2016 JAN 20 CALL 01/15/2016		(66	)		(0	)
MU 2017 JAN 25 CALL 01/20/2017		88			2,288
MW 2016 JAN 14 CALL 01/15/2016		62			7,130
MXIM 2016 FEB 33 PUT 02/19/2016		(92	)		(4,600	)
MXIM 2016 FEB 40 CALL 02/19/2016		92			11,960
MXIM 2016 FEB 46 CALL 02/19/2016		(92	)		(1,150	)
MYL 2016 JAN 52.5 PUT 01/15/2016		78			6,006
MYLAN LABS INC CSFB SWP USD		(6,470	)		(4,851	)
MYR					(16,165	)
NANOCO GROUP PLC SWP BOA		(4,663	)		3,591
NANOCO GROUP PLC SWP HSBC		(6,653	)		4,144
NANOCO GROUP PLC SWP JPM		11,316			(7,041	)
NASDAQ 100 E-MINI MAR16		(23	)		(25,173	)
NASDAQ OMX GROUP/THE SWP CS		(1,849	)		(5,693	)
NASPERS LTD-N SHS CITI SWP		5,216			25,621
NATIONAL AUSTRALIA BANK AUD SWP DB		(3,695	)		3,691
NATIONAL AUSTRALIA BANK AUD SWP JPM		(3,766	)		91
NATIONAL AUSTRALIA BANK AUD SWP MACQ		(6,512	)		(3,363	)
NATURAL GAS FUTR APR16		(200,000	)		—
NATURAL GAS FUTR APR17		210,000			—
NATURAL GAS FUTR DEC16		140,000			—
NATURAL GAS FUTR JUL16		90,000			—
NATURAL GAS FUTR JUN16		150,000			—
NATURAL GAS FUTR MAR17		(210,000	)		—
NATURAL GAS FUTR MAY16		(40,000	)		—
NATURAL GAS FUTR OCT16		(140,000	)		—
NATURAL GAS SWAP APR16		(45,000	)		—
NATURAL GAS SWAP DEC16		5,000			—
NATURAL GAS SWAP JUL16		45,000			—
NATURAL GAS SWAP NOV16		5,000			—
NAVI Apr16 12.5 PUT		(154	)		(26,950	)
NAVI Jan16 15 PUT		(140	)		(51,660	)
NCLH 2016 JAN 55 PUT 01/15/2016		34			1,700
NEWFIELD EXPLORATION CO SWP CS		(6,148	)		1,722
NEXT PLC SWP		(846	)		7,422
NEXTRADIOTV SWP CS		1,484			746
NIDEC CORP SWP UBS		(1,800	)		4,474
NIDEC CORP CS JPY SWP		(1,100	)		10
NIDEC CORP JPY SWP BOA		(6,600	)		(940	)
NIFTY 50 JAN16 INR FUT SWP CS (X75)		(600	)		(321	)
NIKKEI 225 (OSE) MAR16		53			(29,810	)
NIKKEI 225 (SGX) MAR16		(1	)		2,618
NIKON CORP		(120,542	)		24,418
NIKON CORP CS JPY SWP		(624	)		(421	)
NIKON CORP HSBC JPY SWP		(4,400	)		(3,015	)
NIKON CORP JPY SWP NOM		(4,683	)		(1,669	)
NIPPON PAPER INDUSTRIES CO L		(8,295	)		(151	)
NIPPON PAPER INDUSTRIES CO L		(39,199	)		20,319
NIPPON PAPER INDUSTRIES DFT 100 20DEC20 BNP		7,448,000			829
NIPPON PAPER INDUSTRIES DFT 100 20DEC20 BOA		6,701,000			746
NIPPON TELEGRAPH & TELEPHONE SWP BOA		1,800			3,388
NIPPON TELEGRAPH & TELEPHONE CORP MS JPY SWP		23,100			55,750
NISSAN MOTOR BNP JPY SWP		(15,900	)		(2,925	)
NISSAN MOTOR BOA JPY SWP		(11,000	)		(2,153	)
NISSAN MOTOR CITI JPY SWP		(30,300	)		(20,656	)
NISSAN MOTOR CO LTD JPY SWP JEF		(20,000	)		(9,490	)
NISSAN MOTOR CORP BAR JPY SWP		(29,800	)		(30,753	)
NISSAN MOTOR CORP MS JPY SWP		(35,200	)		(31,175	)
NISSAN MOTOR CORP NOM JPY SWP		(22,900	)		(44,411	)
NISSAN MOTOR CS JPY SWP		(7,200	)		(7,235	)
NISSAN MOTOR UBS JPY SWP		(159,800	)		(61,525	)
NKE 2016 JAN 64 PUT 01/08/2016		35			6,108

60

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
NOKIA FH 2016 JAN 5.8 PUT 01/15/2016 OTC MS		(53,438	)		(580	)
NOKIA FH 2016 JAN 5.8 PUT 01/29/2016 OTC MS		(24,898	)		(1,352	)
NOKIA FH 2016 JAN 6 PUT 01/15/2016		(987	)		(2,144	)
NOKIA FH 2016 JAN 6 PUT 01/15/2016 OTC BNP		(154,964	)		(3,366	)
NOKIA FH 2016 JAN 6 PUT 01/15/2016 OTC JPM		(105,566	)		(2,293	)
NOKIA FH 2016 JAN 6 PUT 01/29/2016 OTC JPM		(74,693	)		(6,490	)
NOKIA FH 2016 MAR 5.6 PUT 03/18/2016 OTC SG		(49,343	)		(5,895	)
NOKIA FH 2016 MAR 5.8 PUT 03/18/2016 OTC JPM		(60,927	)		(10,588	)
NOKIA OYJ SWP BAR		(209,249	)		(11,924	)
NOKIA OYJ SWP BOA		(64,469	)		(41,720	)
NOKIA OYJ SWP SG		(13,681	)		(3,591	)
NOMAD FOODS LTD SWP		14,871			(127,481	)
NORTHWESTERN CORP SWP JPM		(3,198	)		(1,444	)
NORWEGIAN KRONA Forward		(2,600,000	)		7,189
NOV16 7 CALL		(500,000	)		(7,965	)
NOVARTIS AG-REG SWP		(9,059	)		(11,213	)
NTT CORP JPY SWP CS		13,900			26,390
NTT DOCOMO INC MS JPY SWP		3,600			3,137
NTT DOCOMO INC NOM JPY SWP		3,500			743
NUAN 2016 JAN 5 PUT 01/15/2016		208			—
NVDA 2016 JAN 30 CALL 01/15/2016		92			29,670
NVDA 2016 JAN 33 CALL 01/08/2016		46			3,358
NVDA 2016 JAN 33 CALL 01/15/2016		(92	)		(8,556	)
NY HARB ULSD FUT JUN16		(504,000	)		—
NY HARB ULSD FUT MAR16		504,000			—
NYRSTAR BOA SWAP		(1,654	)		1,420
NYRSTAR NV SWP UBS		(14,805	)		11,571
NYRSTAR SWP CITI		19,883			(18,240	)
NYRSTAR SWP CS		(1,749	)		939
NYRSTAR SWP JPM		1,689			(974	)
NYRSTAR SWP MS		(1,235	)		895
NYRSTAR SWP NOM		(1,357	)		1,288
NYRSTAR SWP SG		(2,470	)		2,537
NZD					4,296
OCT16 6.52 CALL		21,000			14,658
OMXS30 IND FUTURE JAN16		(4	)		(1,946	)
ONEMAIN HOLDINGS INC SWP CS		(5,862	)		5,878
OPERA SOFTWARE ASA SWP BZW		(1,630	)		1,973
OPERA SOFTWARE ASA SWP CITI		(1,956	)		2,213
OPERA SOFTWARE ASA SWP JPM		6,436			(7,518	)
OPERA SOFTWARE ASA SWP SEB		(2,850	)		3,353
ORIX CORP USD SWP SG		(14,100	)		5,701
ORPEA SWP BNP		(11,133	)		(49,393	)
ORPEA 1.75% SWP BNP		11,494			58,226
OSRAM LICHT AG SWP CS		(260	)		3,904
OUTOKUMPU OYJ SWP MS		2,470			981
OUTOKUMPU OYJ SWP BARC		(3,088	)		(1,647	)
OUTOKUMPU OYJ SWP CITI		(4,512	)		(1,436	)
OUTOKUMPU OYJ SWP CS		(2,035	)		(532	)
OUTOKUMPU OYJ SWP HSBC		(1,266	)		(696	)
OUTOKUMPU OYJ SWP JPM		12,129			4,986
OUTOKUMPU OYJ SWP SEB		(2,191	)		(657	)
OUTOKUMPU OYJ SWP UBS		(618	)		(241	)
OUTOKUPMU OYJ SWP SG		(889	)		(385	)
OUTOTEC OYJ SWP BOA		(8,340	)		10,715
OUTOTEC OYJ SWP CITI		(3,703	)		10,989
OUTOTEC OYJ SWP JPM		2,850			(6,889	)
OUTOTEC OYJ SWP MSCS		24,423			(60,860	)
OUTOTEC OYJ SWP SG		(8,129	)		24,439
OUTOTEC OYJ SWP UBS		(7,101	)		20,894
OZ PAY 0.61% REC 6M JPY LIBOR 06MAR22 JPM		85,000,000			(18,082	)
OZ PAY 0.6575% FIX REC 6M JPY LIBOR 28FEB22 MS		86,000,000			(20,581	)
OZ PAY 0.675% REC 6M JPY LIBOR 27FEB22 MS		86,000,000			(21,403	)
OZ PAY 0.6975% REC 6M JPY LIBOR 25FEB22 JPM		319,000,000			(83,306	)
OZ PAY 0.7025% REC 6M JPY LIBOR 25FEB22 CS		266,000,000			(70,182	)
OZ PAY 1.70% FIX REC 6M JPY LIBOR 16MAY33 CS		42,000,000			(48,294	)
P 2016 MAR 14 CALL 03/18/2016		92			14,352
P 2016 MAR 20 CALL 03/18/2016		(92	)		(2,438	)
P 2017 JAN 8 PUT 01/20/2017		136			14,960
P 2018 JAN 20 CALL 01/19/2018		(96	)		(27,312	)
PANDORA MEDIA INC SWP MS		(7,715	)		(6,236	)
PARGESA HOLDING SA-BR SWP EUR CS		17,998			(103,537	)
PATRIOT COAL CORP - A WRT 12/18/2023		18,793			—
PEGATRON CORP		(201,160	)		61,780
PENTAIR PLC SWP CS		(10,251	)		24,185
PERNOD-RICARD SA SWP		(1,686	)		(7,298	)
PERSIMMON PLC SWP		(12,592	)		(15,457	)

61

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
PETROCHINA CO LTD BOA SWP HKD		10,000			(4,558	)
PETROCHINA CO LTD USD SWP BAR		(2,800	)		2,039
PETROCHINA CO LTD USD SWP BOA		(9,300	)		3,216
PETROFAC LTD SWP		(5,017	)		2,472
PETROLEUM GEO-SERVICES SWP		148,574			(15,268	)
PETROLEUM GEO-SERVICES SWP BARC		(2,445	)		438
PETROLEUM GEO-SERVICES SWP JPM		5,705			(26	)
PETROLEUM GEO-SERVICES SWP MS		(3,260	)		1,478
PFIZER SWP		341,989			(54,565	)
PG 2016 JAN 80 CALL 01/15/2016		92			5,474
PII 2016 MAR 80 PUT 03/18/2016 OTC NOMURA		(55	)		(19,800	)
PII 2016 MAR 90 PUT 03/18/2016 OTC NOMURA		92			74,520
PING AN INSURANCE A SWP USD CITI		18,900			16,275
PING AN INSURANCE A SWP USD JPM		61,600			42,238
PING AN INSURANCE HKD SWP CITI		(17,500	)		(6,882	)
PING AN INSURANCE JPM HKD SWP		(61,000	)		(11,579	)
PLATFORM SPECIALTY PRODUCTS SWP DB		24,289			(337,853	)
PLATINUM FUTURE APR16		25			2,438
PLATINUM FUTURE APR16		1,000			—
POWER ASSETS HOLDINGS LTD SWP CITI		11,500			(8,629	)
POWER ASSETS HOLDINGS LTD SWP CS		13,500			(3,323	)
POWER ASSETS HOLDINGS LTD SWP MS		20,500			(6,132	)
PSTG 2016 MAY 25 CALL 05/20/2016		(26	)		(2,145	)
PSTG 2016 MAY 25 PUT 05/20/2016		26			27,690
QCOM 2016 FEB 50 CALL 02/19/2016		92			21,528
QIHU 2016 JAN 25 PUT 01/15/2016		9			0
QIHU 2017 JAN 22.5 PUT 01/20/2017		304			4,536
QIHU 2017 JAN 25 PUT 01/20/2017		14			243
QIHU 2017 JAN 27.5 PUT 01/20/2017		74			1,506
QIHU 2017 JAN 30 PUT 01/20/2017		89			2,073
RAKUTEN INC BOA JPY SWP		(25,800	)		27,016
RAKUTEN INC CITI JPY SWP		(42,800	)		45,622
RALFP DFT 500 09/20/2018 CS		(74,706	)		(11,146	)
RCL 2016 FEB 105 CALL 02/19/2016		157			48,670
RDN 2016 JAN 12 CALL 01/15/2016		(1	)		(148	)
RDN DFT 500 12/20/2017 CSFB		250,000			(15,965	)
REMY COINTREAU SWP		(1,301	)		(16,679	)
RENESAS ELECTRONICS CORP SWP BOA		2,900			1,659
RENESAS ELECTRONICS CORP SWP CITI		1,500			672
RENESAS ELECTRONICS CORP SWP CS		(2,200	)		(1,141	)
RENESAS ELECTRONICS CORP SWP DB		(2,200	)		(1,061	)
REP GR 2016 DEC 18 PUT 12/16/2016		123			108,475
REP SM 2016 DEC 18 CALL 12/16/2016 BLCEAR		94			510
REP SM 2016 DEC 18 PUT 12/16/2016 BCLEAR		161			141,988
REP SM 2016 DEC 18.5 PUT 12/16/2016 BCLEAR		100			93,513
REPSOL SA SWP		(26,251	)		125,552
REPSOL SA SWP CITI		(43,526	)		30,178
REPSOL SA SWP SCOB		(50,000	)		51,449
REPSOL YPF SA DEC16		(90	)		3,798
RESTAURANT BRANDS INTERNATIONAL INC SWP DB		(3,297	)		(7,999	)
RHT 2016 JAN 75 CALL 01/15/2016		5			4,175
RHT 2016 JUN 72.5 CALL 06/17/2016		5			6,775
RHT 2016 JUN 75 CALL 06/17/2016		1			1,135
RHT 2016 JUN 77.5 CALL 06/17/2016		13			12,740
RIB SOFTWARE AG SWP CS		(351	)		(264	)
RIB SOFTWARE AG SWP SEB		351			267
RIO TINTO PLC SWP		2,998			704
RL.N 2016 JAN 115 PUT 01/15/2016		28			13,720
RLGY 2016 JAN 35 PUT 01/15/2016		92			2,300
ROCHE HOLDING AG-GENUSSCHEIN SWP		2			3
ROG VX 2016 MAR 290 CALL 03/18/2016		177			70,136
ROHM CO LTD SWP UBS		(2,100	)		(5,742	)
ROLLS-ROYCE HOLDINGS PLC SWP		3,598			1,307
ROYAL DUTCH SHELL A SHARES SWP CS		(9,380	)		319
ROYAL DUTCH SHELL PLC-A SHS SWP		(502	)		(11,284	)
ROYAL DUTCH SHELL PLC-B SHS		(133,417	)		86,039
ROYAL DUTCH SHELL PLC-B SHS SWP CS		9,669			(70	)
RUB					(2,062	)
RUSSELL UK MID 150 SWP BOA		(9	)		(4,168	)
RUSSELL UK MID 150 SWP CS		(35	)		(5,573	)
RYANAIR HOLDINGS PLC SWP		361,646			323,642
RYANAIR HOLDINGS USD SWP CSFB		(15,346	)		(7,441	)
RYL DFT 500 06/20/2018 JPM		500,000			(51,362	)
S&P500 EMINI FUT MAR16		(365	)		(561,493	)
S.O.I.T.E.C. SG SWP		(3,179	)		828
S.O.I.T.E.C. SWP BARC		(5,705	)		1,524
S.O.I.T.E.C. SWP CITI		2,850			(846	)

62

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
S.O.I.T.E.C. SWP CSFB		(1,630	)		475
S.O.I.T.E.C. SWP DB		(3,826	)		1,092
S.O.I.T.E.C. SWP JPM SHORT		(332	)		85
S.O.I.T.E.C. SWP MS		13,801			(3,602	)
S.O.I.T.E.C. SWP SEB		(1,979	)		592
SABMILLER PLC SWP		102,522			(6,298	)
SABMILLER PLC SWP		112,517			126,161
SABRE CORP SWP CS		(1,557	)		(146	)
SAFRAN SA SWP		948			(5,391	)
SAINSBURY PLC SWP		(22,785	)		(1,809	)
SAIPEM SPA SWP BOA		(5,373	)		974
SALZGITTER FINANCE BV 2 11/08/2017 SWP SG		750,000			(82,112	)
SAMPO OYJ SWP CS		8,040			35,080
SAMSUNG HEAVY INDUSTRIES USD SWP BAR		(140	)		429
SAMSUNG HEAVY INDUSTRIES USD SWP BOA		(2,373	)		6,865
SAMSUNG HEAVY INDUSTRIES USD SWP CITI		(1,954	)		6,224
SAMSUNG HEAVY INDUSTRIES USD SWP CS		(5,793	)		18,709
SAMSUNG HEAVY INDUSTRIES USD SWP NOMURA		(1,131	)		3,705
SANDS CHINA LTD SWP HSBC		(69,600	)		9,936
SANDS CHINA LTD SWP JPM		(6,800	)		3,377
SANDS CHINA LTD CS HKD SWP		(39,600	)		7,771
SANDS CHINA LTD HKD SWP NOM		(22,400	)		2,719
SANDS CHINA LTD SWP BNP		(8,400	)		798
SANDS CHINA LTD SWP BOA		(18,000	)		7,887
SANDS CHINA LTD SWP MS		(38,400	)		2,045
SANOFI		23,300			(206,090	)
SANOFI SWP		(6,416	)		(14,857	)
SANOFI SWP		(1,833	)		2,289
SANOFI-ADR		8,740			(57,273	)
SAS AB SWP BAR		(9,007	)		(319	)
SAS AB SWP BOA		(5,634	)		(1,610	)
SAS AB SWP MS		(9,466	)		(1,151	)
SAS AB SWP SG		(41,949	)		(15,445	)
SAS AB 3.625 04/01/2019 CVB SWP BNP		5,000,000			50,374
SAS AB SWP BARC		(3,261	)		(3,100	)
SAS AB SWP CITI		(21,866	)		(10,173	)
SAS AB SWP DB		(4,076	)		(3,394	)
SAS AB SWP JPM		17,644			16,808
SAS SWP SEB		(39,859	)		(31,066	)
SBI HDLG INC 140 L&W S54 WAR 24MAR2017 (1WRT=10MM)		1			7,422
SBI HLDG INC 140 L&W S53 WAR 07NOV17 (1WRT=10MM)		4			29,689
SBI HOLDINGS INC 140 ASW 02NOV2017		30,000,000			22,266
SBI HOLDINGS NOM JPY SWP		(3,000	)		10,276
SCOR REGROUPE SWP		(554	)		212
SCTY 2016 JAN 40 CALL 01/15/2016		8			8,580
SCTY 2016 JAN 40 PUT 01/15/2016		(8	)		(252	)
SCTY 2016 JAN 50 CALL 01/15/2016		2			558
SCTY 2016 JAN 50 PUT 01/15/2016		17			3,630
SCTY 2016 JAN 55 CALL 01/15/2016		14			1,183
SCTY 2016 JAN 55 PUT 01/15/2016		(14	)		(7,525	)
SCTY 2016 JAN 60 CALL 01/15/2016		6			159
SCTY 2016 JAN 60 PUT 01/15/2016		(6	)		(5,745	)
SCTY 2017 JAN 10 PUT 01/20/2017		91			8,190
SCTY 2017 JAN 100 CALL 01/20/2017		(57	)		(5,045	)
SCTY 2017 JAN 100 PUT 01/20/2017		57			317,775
SCTY 2017 JAN 50 CALL 01/20/2017		14			13,475
SCTY 2017 JAN 50 PUT 01/20/2017		(14	)		(20,020	)
SD 2016 JAN 10 PUT 01/15/2016		34			33,405
SD 2016 JAN 3 CALL 01/15/2016		(5	)		(0	)
SD 2016 JAN 3 PUT 01/15/2016		5			1,428
SEADRILL LTD SWP BAR		13,586			(35,285	)
SEADRILL LTD SWP BOA		(14,203	)		50,051
SEADRILL LTD SWP MS		6,175			(25,861	)
SEADRILL LTD SWP SEB		(5,616	)		17,170
SEADRILL LTD SWP SG		(1,853	)		4,809
SEADRILL LTD SWP BNP		(1,375	)		4,385
SEADRILL LTD SWP JPM		18,843			(63,435	)
SEADRILL LTD SWP UBS		(15,557	)		52,607
SEADRILL PARTNERS LLC SWP JPM		(5,985	)		51,735
SEK					1,868
SEM GROUP LITIGATION TRUST		1			—
SEMICONDUCTOR HOLDRS TRUST SWP JPM		(69,934	)		88,321
SEMICONDUCTOR MANUF L+220 ASW BAR 07NOV16		200,000			32,100
SEMICONDUCTOR MANUFACTURE 0 11/07/2018 CBS NOM		300,000			3,842
SEMICONDUCTOR MANUFACTURING SWP HSBC		(672,000	)		3,901
SEMICONDUCTOR MANUFACTURING CS HKD SWP		(1,254,000	)		15,078
SEMICONDUCTOR MANUFACTURING HKD SWP JPM		(1,914,000	)		5,260

63

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
SEMICONDUCTOR MANUFACTURING HKD SWP NOM		(566,000	)		(6,214	)
SERCO GROUP PLC SWP		169,796			(33,030	)
SET50 FUTURES MAR16 THB FUT SWP UBS (X200)		(27,800	)		1,135
SET50 FUTURES MAR16 USD FUT SWP CS (X200)		(4,400	)		369
SEVEN & I HOLDINGS CO LTD SWP MS		600			135
SEVEN & I HOLDINGS CO NOM JPY SWP		2,900			2,640
SGL CARBON SE 3.5 09/30/2020 SWP SG		200,000			(19,174	)
SGL CARBON SE SWP BOA		(5,285	)		22,153
SGL CARBON SE SWP JPM		(326	)		587
SGL CARBON SE SWP SG		(228	)		959
SHAKE SHACK INC - CLASS A SWP		3,722			(16,285	)
SHARP CORP CITI JPY SWP		103,000			(32,224	)
SHARP CORP JPY SWP BOA		166,000			(48,579	)
SHARP CORP JPY SWP CS		(176,000	)		55,404
SHARP CORP JPY SWP JPM		(10,000	)		3,196
SHARP CORP JPY SWP UBS		(83,000	)		23,186
SHIGA BANK L+200 ASW 23JUN20 MIZ		1,000,000			119,192
SHIRE PLC SWP		10,968			(11,432	)
SHISEIDO CO JPY SWP MS		(13,200	)		601
SHISEIDO CO LTD SWP CS		(12,800	)		11,492
SHISEIDO CO LTD SWP UBS		(10,100	)		18,801
SHOPIFY INC-CLASS A SWP JPM		(1,292	)		2,872
SIE GY 120 CALL 16DEC2016		149			9,224
SIE GY 2016 DEC 100 CALL 12/16/2016		21			6,162
SIE GY 2016 DEC 110 CALL 12/16/2016		21			2,635
SIE GY 2017 DEC 100 CALL 12/15/2017		29			15,811
SIE GY 2018 DEC 100 CALL 12/21/2018		21			15,190
SIE GY 2018 DEC 76 PUT 12/21/2018		32			34,095
SIEMENS AG-CW17		4			41,450
SIEMENS AG-CW19 OLD		4			87,520
SIEMENS AG-REG SWP BNP		1,279			(8,509	)
SIEMENS FINANCIERINGSMAT 1.65 08/16/2019 SWP CITI		(750,000	)		10,051
SIEMENS FINANCIERINGSMAT DFT 100 12/20/2019 CS		(428,000	)		11,518
SINA US 2016 JAN 20 PUT 01/15/2016		284			2,130
SINA US 2016 JAN 50 PUT 01/15/2016		1			183
SINA US 2017 JAN 20 PUT 01/20/2017		535			25,948
SINGAPORE DOLLAR Forward		(1,692,000	)		8,640
SINGAPORE EXCHANGE LTD SWP BOA		(38,700	)		(13,149	)
SINGAPORE EXCHANGE LTD SWP CS		(58,400	)		685
SINO BIOPHARMACEUTICAL BNP HKD SWP		(30,000	)		(8,615	)
SINO BIOPHARMACEUTICAL HKD SWP CS		(30,000	)		(8,849	)
SINO BIOPHARMACEUTICAL SWP NMRT		(30,000	)		(9,325	)
SK INNOVATION CO LTD USD SWP BNP		2,888			87,912
SK INNOVATION CO LTD USD SWP DB		2,925			84,753
SK INNOVATION CO LTD USD SWP MACQ		2,690			79,105
SK INNOVATION CO LTD USD SWP MS		745			6,828
SMITH (A.O.) CORP SWP CITI		(46	)		(14	)
SMTC 2016 FEB 20 CALL 02/19/2016		92			7,130
SNAM RETE GAS JPM EUR SWP		(40,434	)		(4,378	)
SNAM SPA SWP BNP		(52,000	)		(13,029	)
SNDK 2016 JAN 52.5 CALL 01/15/2016		(79	)		(187,033	)
SNE 2016 JAN 25 CALL 01/15/2016		185			7,400
SOCIETE DES BAINS DE MER SWP CITI		578			(485	)
SOCIETE DES BAINS DE MER SWP CS		831			(696	)
SOFTBANK GROUP CORP SWP CS		(16,700	)		65,144
SOFTBANK GROUP CORP SWP JPM		(1,300	)		5,017
SOFTBANK GROUP CORP SWP MS		(900	)		(134	)
S-OIL CORPORATION USD SWP BNP		2,275			9,249
S-OIL CORPORATION USD SWP CS		2,050			(3,958	)
S-OIL CORPORATION USD SWP HSBC		2,249			6,086
S-OIL CORPORATION USD SWP NOM		1,555			9,830
SOLARCITY CORP SWP CS		560			4,189
SOLARCITY CORP SWP JEF		(498	)		876
SOLOCAL GROUP SWP CITI		(554	)		2,440
SOLOCAL GROUP SWP DB		(554	)		2,440
SOLOCAL GROUP SWP JPM		2,217			(10,796	)
SOLOCAL GROUP SWP SG		(1,108	)		5,961
SOLVAY SA SWP JEF		69			529
SOLVAY SA SWP		4,241			15,361
SONOVA HOLDING AG-REG SWP		(8,133	)		5,441
SOUTH AFRICAN RAND Forward		8,400,000			(8,393	)
SOUTHERN CO SWP UBS		(8,318	)		(5,556	)
SPDR S&P BIOTECH ETF SWP BOA		(13,864	)		(85,817	)
SPDR S&P HOMEBUILDERS ETF SWP BOA		(58,031	)		81,363
SPDR S&P OIL & GAS EXPLORATION SWP BOA		(3,697	)		23,145
SPECTRA ENERGY PARTNERS LP SWP CS		(2,691	)		(11,327	)
SPGCESP INDEX/CCP		100,100			(2,851,141	)

64

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
SPI 200 FUTURES MAR16		(14	)		(86,761	)
SPORTS DIRECT INTERNATIONAL SWP		156,438			(281,681	)
SPWR 2018 JAN 35 CALL 01/19/2018		(2	)		(1,300	)
SPWR 2018 JAN 35 PUT 01/19/2018		2			2,220
SPX Dec16 1475 PUT		(92	)		(262,660	)
SPX Dec16 1500 PUT		(123	)		(380,685	)
SPX Dec16 1600 PUT		(30	)		(126,150	)
SPX DEC16 2300 CALL (1X2)		55			116,875
SPX DEC16 2325 CALL (1X2)		28			45,640
SPX Dec16 2350 CALL		(245	)		(296,450	)
SPX DEC16 2350 CALL (1X2)		(110	)		(133,100	)
SPX Dec16 2375 CALL		(123	)		(108,240	)
SPX DEC16 2425 CALL (1X2)		(56	)		(22,960	)
SPX Jun16 1700 PUT		(273	)		(692,055	)
SPX Jun16 1750 PUT		(55	)		(170,775	)
SPX Jun16 2250 CALL		(55	)		(40,150	)
SPX Jun16 2275 CALL		(136	)		(58,480	)
SPX Jun16 2275 CALL		67			28,810
SPX JUN16 2325 CALL		(188	)		(28,200	)
SPX Jun16 2350 CALL		(165	)		(14,025	)
SPX Mar16 1700 PUT		(55	)		(45,100	)
SPX Mar16 1800 PUT		(250	)		(370,000	)
SPX Mar16 2200 CALL		(217	)		(57,505	)
SPX Mar16 2325 CALL		(55	)		(2,200	)
SPX Sep16 1600 PUT		(122	)		(360,510	)
SPX Sep16 2300 CALL		(152	)		(156,560	)
SPX Sep16 2350 CALL		(31	)		(13,640	)
SPY 2016 JAN 209 CALL 01/15/2016		(113	)		(5,707	)
SPY 2016 JAN 209 PUT 01/15/2016		113			60,399
SPY 2016 JAN 225 CALL 01/15/2016		113			57
SRG IM 2016 JUN 5 CALL 06/17/2016		37			5,393
SRG IM 2016 MAR 5 CALL 03/17/2016		12			1,036
SSAB AB SWP UBS		(618	)		534
SSAB AB-A SHARES SWP BOA		(1,320	)		319
SSAB AB-A SHARES SWP MS		(617	)		531
SSAB AB-A SHARES SWP SEB LONG		1,755			538
SSAB AB-A SHARES HSBC SWP		(1,235	)		1,064
SSAB AB-A SHARES SWP CITI		(618	)		534
SSAB AB-A SHARES SWP JEF		(2,375	)		2,457
SSAB AB-A SHARES SWP JPM		19,361			(35,490	)
SSAB AB-A SHARES SWP SEB		(7,721	)		25,346
SSAB AB-A SHARES SWP SG		(3,706	)		1,973
SSAB SWP CSFB		(2,906	)		2,269
STANDARD PACIFIC DFT 500 20SEP2017 CITI		750,000			(58,043	)
STEINHOFF FINANCE HLDG 4 01/30/2021 CVB SWP BNP		400,000			(38,044	)
STEINHOFF FINANCE HLDG 4.5 03/31/2018 SWP BNP		600,000			(206,164	)
STEINHOFF FINANCE HLDG 4.5 03/31/2018 SWP CITI		1,300,000			(151,582	)
STEINHOFF INTERNATIONAL H NV SWP BNP		(13,767	)		5
STEINHOFF INTERNATIONAL H NV SWP BOA		(3,920	)		(563	)
STEINHOFF INTERNATIONAL H NV SWP CITI		(11,115	)		(1,032	)
STEINHOFF INTERNATIONAL H NV SWP CS		(50,455	)		7,223
STEINHOFF INTERNATIONAL H NV SWP JPM		(6,927	)		(889	)
STEINHOFF INTERNATIONAL H NV SWP UBS		(8,533	)		(1,256	)
STEINHOFF INTERNATIONAL H NV EUR SWP BNP		(110,704	)		75,377
STEINHOFF INTERNATIONAL H NV EUR SWP CITI		(249,877	)		148,311
STOXX 600 OPTIMISED FOOD & BEVERAGE SWP BOA		(537	)		(87,257	)
STOXX 600 TELECOMMUNICATIONS SWP JPM		118			(40	)
STOXX EUROPE 600 IDX SWP JPM		(2,267	)		8,560
STOXX EUROPE 600 SWP BOA		(2,798	)		59,278
STOXX INSURANCE 600 (PRICE) INDEX SWP UBS		(6,852	)		(94,128	)
SUMITOMO CHEMICAL CO LTD SWP JPM		(24,000	)		(2,128	)
SUMITOMO CHEMICAL CO LTD SWP NOM		(34,000	)		4,953
SUMITOMO METAL MINING CO LTD SWP CS		(11,000	)		4,958
SUMITOMO METAL MINING CO LTD SWP MS		(15,000	)		15,168
SUMITOMO METAL MINING CO LTD SWP BOA		(11,000	)		13,480
SUMITOMO MITSUI FINANCIAL GROUP INC USD SWP SG		(15,000	)		12,141
SUZUKI MOTOR CORP BAR JPY SWP		2,100			(2,604	)
SUZUKI MOTOR CORP BOA JPY SWP		2,800			(4,619	)
SUZUKI MOTOR CORP JPY SWP DB		28,900			13,323
SUZUKI MOTOR CORP UBS JPY SWP		7,900			(17,681	)
SWATCH GROUP AG-B SWP		(2,177	)		43,339
SWECO AB-B SHS SWP UBS		(1	)		(0	)
SWECO AB-B SHS EUR SWP UBS		(1	)		(1	)
SWEDISH KRONER Forward		(3,930,000	)		(1,538	)
SWISS FRANC Forward		(1,440,000	)		18,232
SWISS LIFE HOLDING SWAP CSFB		(1,279	)		(28,706	)
SWPC01YI9 CDS USD R F 1.00000		100,000			(9,715	)

65

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value		Current Value
SWPC020O1 CDS USD R F 1.00000		300,000		(29,144	)
SWPC023I1 CDS USD P V 03MEVENT
SWPC023I1 CDS USD R F 1.00000		200,000		(19,429	)
SWPC02AP7 CDS USD R F 1.00000		200,000		(19,429	)
SWPC03N14 CDS USD P V 03MEVENT
SWPC03N14 CDS USD R F 1.00000		200,000		(21,465	)
SWPC03UC2 CDS USD R F 1.00000		600,000		6,299
SWPC05PS8 CDS USD R F 1.00000		100,000		995
SWPC05Q81 CDS USD P V 03MEVENT
SWPC05Q81 CDS USD R F 1.00000		100,000		995
SWPC08IH4 CDS USD R F .25000		400,000		823
SWPC08IN1 CDS USD R F .25000		100,000		206
SWPC08IO9 CDS USD R F .25000		1,100,000		2,265
SWPC08IY7 CDS USD R F .25000		200,000		412
SWPC08IZ4 CDS USD R F .25000		100,000		206
SWPC08MX4 CDS USD R F .25000		500,000		1,029
SWPC08UY3 CDS USD R V 03MEVENT		500,000		(1,347	)
SWPC08V48 CDS USD R V 03MEVENT		300,000		(808	)
SWPC09NN3 CDS USD R F .25000		100,000		155
SWPC0A4M3 CDS USD R V 03MEVENT		200,000		(539	)
SWPC0AZS6 CDS USD R F 1.00000		300,000		(1,314	)
SWPC0B1G7 CDS USD R F 1.00000		400,000		2,108
SWPC0B1K8 CDS EUR R F 1.00000		4,000,000		48,643
SWPC0B1M4 CDS EUR R F 1.00000		3,300,000		41,011
SWPC0B5C2 CDS USD R F 5.00000		1,100,000		13,224
SWPC0BAF9 CDS EUR R F 1.00000		100,000		(9,355	)
SWPC0BDJ8 CDS EUR R V 03MEVENT		100,000		2,836
SWPC0BL83 CDS EUR R F 1.00000		100,000		(190	)
SWPC536C4 CDS USD R V 03MEVENT		363,000		(4,091	)
SWPC786C1 CDS USD R V 03MEVENT		254,000		(2,474	)
SWU008GU7 IRS BRL R F 11.32000		1,800,000		(3,144	)
SWU009ER4 IRS MXN R F 5.64000		7,000,000		(774	)
SWU009R41 IRS MXN R F 5.61000		23,300,000		(6,391	)
SWU00AJ62 IRS BRL R F 12.05500		800,000		(23,719	)
SWU00AR89 IRS MXN R F 5.63000		700,000		(306	)
SWU00B4A7 IRS MXN R F 5.56000		200,000		(144	)
SWU00BOK3 IRS MXN R F 5.86500		9,000,000		3,022
SWU00BPM8 IRS SEK R F 1.08000		500,000		(2,221	)
SWU00BPN6 IRS SEK R F 1.08500		600,000		(2,635	)
SWU00BPW6 IRS JPY R F 1.25000		60,000,000		25,183
SWU00DZI2 IRS JPY R F .15000		1,690,000,000		12,248
SWU00E1Y2 IRS EUR R F .15000		1,100,000		4,196
SWU00E205 IRS EUR R F 1.00000		5,300,000		(20,536	)
SWU00E791 IRS GBP R F 1.75000		1,500,000		10,932
SWU00EA97 IRS JPY R F 1.00000		550,000,000		262,557
SWU00EIL2 IRS MXN R F 4.34000		12,200,000		497
SWU00EMN3 IRS MXN R F 4.19500		9,300,000		(1,109	)
SWU00ES64 IRS MXN R F 4.13000		47,600,000		(9,506	)
SWU00F0Z7 IRS JPY R F 1.50000		70,000,000		44,300
SWU00FMV2 IRS BRL R V 00MBRCDI		2,100,000		3,584
SWU00FN25 IRS BRL R V 00MBRCDI		800,000		1,385
SWU00FN33 IRS BRL R V 00MBRCDI		600,000		235
SWU023Y69 TRS USD R F .00000		700,000		(19,351	)
SWU029642 TRS CHF R E		1,000		916
SWU029659 TRS CHF R E		1,000		779
SWU0296X8 TRS USD R E		7,311		14,490
SWU0296Y6 TRS USD R E		6,614		12,746
SWU077C10 TRS USD R F .00000		910,000		29,117
SWU0AH041 TRS USD R F .00000		454,545		20,482
SWU0AM354 TRS USD R E		900		1,456
SWU0AM719 TRS USD R E		18,000		5,760
SWU0AM792 TRS USD R E		900		(5,686	)
SWU0AM800 TRS USD R E		6,000		37,907
SWU0AM834 TRS USD R E		2,400		(1,114	)
SWU0AM842 TRS USD R E		4,800		(2,464	)
SWU0AN006 TRS USD R F .00000		166,667		4,209
SWU0AN345 TRS USD R E		31,200		2,906
SWU0AN360 TRS CHF R E		1,000		1,091
SWU0AN444 TRS USD R E		1,000		1,088
SWU0BB134 TRS CHF R E		1,000		978
SWU0BB225 TRS CHF R E		1,000		(110	)
SWU0BB258 TRS USD R E		300		12,184
SWU0BB266 TRS USD R E		300		(19,502	)
SWU0CC040 TRS USD R E		800		990
SWU0CC057 TRS USD R E		800		1,014
SWU0CC065 TRS USD R E		600		881
SWU0CC453 TRS CHF R E		1,000		577

66

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
SWU0CG108 TRS USD R F .00000		63,000			4,365
SWU0CG728 TRS USD R F .00000		42,000			(1,389	)
SWU0GG054 TRS USD R F .00000		1,515,152			68,275
SWU0GG435 TRS USD R E		3,000			19,103
SWU0KB035 TRS USD R F .00000		299,401			14,181
SWU0KB142 TRS USD R E		6,000			37,907
SWU0NN523 TRS USD R E		1,800			631
SWU0NN549 TRS USD R E		2,400			1,009
SWU0NN556 TRS USD R E		2,400			(1,232	)
SWU0RWRR0 TRS CHF R E		1,000			978
SWU0RWRS8 TRS CHF R E		1,000			(903	)
SWU0RWRT6 TRS CHF R E		3,000			2,026
SWU0RWRU3 TRS CHF R E		3,000			2,379
SWU0VO035 TRS CHF R E		1,000			(42	)
SWU0VOL08 TRS CHF R E		1,000			113
SWU0VOL73 TRS CHF R E		1,000			1,314
SWU0VOL81 TRS CHF R E		1,000			(89	)
SXAP 2016 MAR 610 CALL 03/18/2016 OTC MS		50			26,338
SXEP 2016 JAN 300 CALL 01/15/2016 OTC MS		40			217
SXPP 2016 JAN 290 CALL 01/15/2016 OTC ML		39			212
SXPP 2016 JAN 305 CALL 01/15/2016 OTC JPM		60			326
SXPP 2016 JAN 305 CALL 01/15/2016 OTC MS		90			489
SXPP 2016 JAN 335 CALL 01/15/2016 OTC CITI		70			380
SYF 2016 JAN 40 CALL 01/15/2016		35			0
SYF 2016 JAN 40 PUT 01/15/2016		(35	)		(33,775	)
SYNCHRONY FINANCIAL SWP BAR		248,016			211,638
TAG IMMOBILIEN AG SWP SG		(10,743	)		(4,291	)
TAG IMMOBILIEN AG 5.5 06/28/2019 SWP SG		200,000			12,498
TAG IMMOBILIEN AG SWP NOM		(10,549	)		(10,252	)
TAIWAN SEMICONDUCTOR SWP MS USD		(142,000	)		(54,292	)
TAIWANESE DOLLAR Forward		15,400,000			(3,305	)
TAIWANESE DOLLAR Forward		(75,023,000	)		26,099
TALKTALK TELECOM GROUP SWP DB		(1,656	)		2,189
TALKTALK TELECOM GROUP SWP BARC		(1,853	)		404
TALKTALK TELECOM GROUP SWP BOA		(31,111	)		53,851
TALKTALK TELECOM GROUP SWP CITI		34,571			(30,323	)
TALKTALK TELECOM GROUP SWP CSFBEL		22,385			(44,373	)
TALKTALK TELECOM GROUP SWP HSBI		8,579			(14,882	)
TALKTALK TELECOM GROUP SWP JPM		14,851			(23,112	)
TALKTALK TELECOM GROUP SWP MS		12,351			(2,821	)
TALKTALK TELECOM GROUP SWP NOM		(2,035	)		443
TALKTALK TELECOM GROUP SWP SEB		(4,775	)		1,494
TALKTALK TELECOM GROUP SWP SG		(20,379	)		25,283
TALKTALK TELECOM GROUP SWP UBS		(30,928	)		44,736
TATA MOTORS BOA USD SWP		14,866			(27,904	)
TATA MOTORS CITI USD SWP		22,599			12,732
TATA MOTORS DB USD SWP		12,177			(10,075	)
TATA MOTORS LTD USD JPM SWP		4,338			(9,123	)
TATA MOTORS LTD USD MS SWP		7,071			2,534
TATA MOTORS LTD USD SWP SG		2,040			352
TATA MOTORS MACQ USD SWP		27,385			(74,256	)
TATA MOTORS NOM USD SWP		21,050			(2,034	)
TATA MOTORS USD SWP BNP		29,370			21,872
TATA MOTORS USD SWP CS		75,920			(18,053	)
TATA MOTORS USD SWP HSBC		30,291			(62,750	)
TATA MOTORS USD SWP UBS		12,601			(26,473	)
TAYLOR WIMPEY SWP		(163,159	)		(37,763	)
TDC 2016 JAN 27.5 CALL 01/15/2016		92			2,990
TDC 2016 JAN 32.5 CALL 01/15/2016		79			128
TDC 2016 JAN 35 CALL 01/15/2016		(79	)		(790	)
TECK RESOURCES 500 DFT 12/20/2020 JPM		210,000			74,709
TECNICAS REUNIDAS SWP		(2,982	)		11,392
TEF SM 2016 DEC 10.38 PUT 12/16/2016		717			114,046
TEF SM 2016 SEP 10.38 PUT 09/16/2016		243			31,454
TELECOM ITALIA FIN SA 6.125 11/15/2016 SWP BNP		700,000			1,165
TELECOM ITALIA FIN SA 6.125 11/15/2016 SWP CITI		4,200,000			992,764
TELECOM ITALIA SPA 1.125 03/26/2022 CVB SWP BOA		(2,200,000	)		(170,949	)
TELECOM ITALIA SPA 3.25 01/16/2023 SWP BNP		306,000			4,798
TELECOM ITALIA SPA 4.5 01/25/2021 SWP BNP		100,000			4,836
TELECOM ITALIA SPA 4.875 09/25/2020 SWP BNP		205,000			(963	)
TELECOM ITALIA SPA 5.25 02/10/2022 SWP BNP		300,000			14,831
TELECOM ITALIA SPA JPM EUR SWP		(51,503	)		40
TELECOM ITALIA SPA SWP BNP		(110,000	)		(9,111	)
TELECOM ITALIA SPA SWP BOA		(536,209	)		5,606
TELECOM ITALIA SPA SWP CITI		(4,775,676	)		(1,193,539	)
TELECOM ITALIA SPA SWP CITI		635,275			12,897
TELECOM ITALIA SPA SWP CS		(244,913	)		(9,101	)

67

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
TELECOM ITALIA-RNC BOA SWAP		36,777			(3,427	)
TELECOM ITALIA-RSP SWP JPM		51,502			(5,680	)
TELEFONICA PARTICIPACION 4.9 09/17 SWP CITI		4,300,000			(471,696	)
TELEFONICA PARTICIPACION 4.9 09/17 SWP SG		300,000			(25,352	)
TELEFONICA SA SWP		(238,372	)		653,924
TERADATA CORP SWP BAR		(1,572	)		393
TEVA 2016 JAN 60 CALL 01/15/2016		735			420,788
THAI OIL PCL-FRGN USD SWP NOM		89,100			13,722
THAILAND DOLLAR Forward		11,300,000			(10	)
THE WENDYS CO SWP MS		(6,642	)		(969	)
THOMSON REUTERS CORP SWP		(2,927	)		(3,578	)
TIF 2016 JAN 80 CALL 01/15/2016		31			1,612
TIF 2016 JAN 82.5 CALL 01/15/2016		46			1,058
TIME WARNER INC SWP		1,594			(5,972	)
TIME WARNER INC SWP		2,920			195
TIT IM 2016 DEC 0.64 PUT 12/16/2016		300			3,910
TIT IM 2016 DEC 0.68 PUT 12/16/2016		918			15,953
TIT IM 2016 DEC 0.68 PUT 12/16/2016 OTC BNP		1,272,727			23,043
TIT IM 2016 DEC 0.76 PUT 12/16/2016		(250	)		(7,630	)
TIT IM 2016 DEC 0.8 PUT 12/16/2016		(750	)		(29,406	)
TIT IM 2016 DEC 0.8331 PUT 12/16/2016 OTC BNP		(1,038,961	)		(48,806	)
TIT IM 2016 MAR 1 PUT 03/18/2016 OTC CSFBEL		(1,020,471	)		(24,605	)
TITIM DFT 100 12/20/2020 CS		(489,000	)		(15,986	)
TNT EXPRESS NV - W/I SWP CS		2,470			(75	)
TODS SPA SWP CITI		(122	)		2,050
TODS SPA SWP JPM		732			(12,186	)
TODS SPA SWP MS		(430	)		7,226
TODS SPA SWP BOA		(90	)		1,175
TODS SPA SWP BZW		(90	)		1,173
TOPIX INDX FUTR MAR16		(2	)		3,633
TOPIX PHARMACEUTICAL IND SWP BOA		(2,978	)		(1,570	)
TOSHIBA DFT 100 20JUN2020 BAR 1		4,135,000			3,786
TOSHIBA DFT 100 20JUN2020 BNP		5,797,000			5,307
TOSHIBA DFT 100 20JUN2020 BOA		4,135,000			3,786
TOSHIBA DFT 100 20JUN2020 CITI		6,892,000			6,310
TOTAL FINA ELF SOC GEN SWAP		12,351			(71,041	)
TOTAL SA SWP		(26,568	)		(10,737	)
TOTAL SA SWP HSBC		(12,351	)		71,041
TOYOTA MOTOR CORP USD SWP SG		(11,900	)		4,119
TRANSASIA AIRWAYS CORP ASW L+325 BAR 29NOV16		200,000			4,200
TRANSOCEAN LTD SWP BARC		2,470			(594	)
TRANSOCEAN LTD SWP HSBC		(3,705	)		9,646
TRANSOCEAN LTD SWP JPM		1,235			(304	)
TRANSOCEAN PARTNERS LLC SWP DB		(5,160	)		65,554
TRANSOCEAN SWP CSFB		(12,307	)		10,933
TRANSUNION SWP CS		(2,745	)		(3,206	)
TRINA SOLAR SWP		(37,903	)		(38,732	)
TSL US 2016 JAN 4 PUT 01/15/2016		88			10
TSL US 2016 JAN 5 PUT 01/15/2016		18			5
TSL US 2017 JAN 20 CALL 01/20/2017		(12	)		(207	)
TSL US 2017 JAN 20 PUT 01/20/2017		12			10,260
TSL US 2017 JAN 3 PUT 01/20/2017		79			2,212
TSL US 2017 JAN 4 PUT 01/20/2017		76			1,360
TSL US 2017 JAN 5 PUT 01/20/2017		610			18,605
TSLA 2016 JAN 20 PUT 01/15/2016		53			—
TSLA 2016 JAN 200 CALL 01/15/2016		(2	)		(8,000	)
TSLA 2016 JAN 200 PUT 01/15/2016		2			90
TSLA 2016 JAN 205 CALL 01/15/2016		(6	)		(21,315	)
TSLA 2016 JAN 205 PUT 01/15/2016		6			387
TSLA 2016 JAN 240 PUT 01/08/2016		9			5,288
TSLA 2017 JAN 250 CALL 01/20/2017		(20	)		(75,450	)
TSLA 2017 JAN 250 PUT 01/20/2017		20			95,950
TSLA 2017 JAN 50 PUT 01/20/2017		75			7,125
TSM CO LTD USD SWP CITI		77,000			10,578
TTWO 2016 JAN 20 CALL 01/15/2016		(118	)		(176,410	)
TTWO 2016 JAN 5 PUT 01/15/2016		483			0
TTWO 2016 JAN 8 PUT 01/15/2016		45			0
TTWO 2017 JAN 20 CALL 01/20/2017		(17	)		(27,115	)
TYSON FOODS INC-CL A SWP		(9,135	)		(9,994	)
UBS CPS UBSHKMC2 SWP UBS		(22,294	)		(38,832	)
UBSHKMC HKD SWP UBS		(22,821	)		(9,388	)
UCG IM 2017 JUN 7.2 CALL 06/15/2017		84			11,541
UGI CORP SWP		(13,151	)		(85,765	)
UMC USD SWAP BOA		(930,000	)		(19,632	)
UNIBAIL-RODAMCO SE SWP CS		430			1,449
UNICREDIT SPA SWP BNP		(17,784	)		4,128
UNITED MICROELEC L+165 ASW 18MAY18 MS		2,800,000			(28,943	)

68

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
UNITED MICROELECTRONICS CORP NOM USD SWP		(36,000	)		242
UNITED MICROELECTRONICS CORP SWP MSCS		(195,000	)		(1,717	)
UNITED MICROELECTRONICS CORP USD SWP CITI		(181,000	)		918
UPL 2016 JAN 25 CALL 01/15/2016		(5	)		(13	)
UPL 2016 JAN 25 PUT 01/15/2016		5			11,250
UPL 2016 JAN 30 CALL 01/15/2016		(1	)		—
UPL 2016 JAN 30 PUT 01/15/2016		1			2,760
US 10YR NOTE (CBT) MAR16		(7	)		3,300
US 2YR NOTE (CBT) MAR16		(4	)		1,500
US 5YR NOTE (CBT) MAR16		(76	)		23,113
US DOLLAR Forward		(39,269,492	)		—
US DOLLAR Forward		129,671,823			—
US DOLLARSPOT FORWARD		(2,447	)		(2,447	)
US LONG BOND (CBT) MAR16		(10	)		426
US ULTRA BOND CBT MAR16		(2	)		(2,000	)
USD					(863,118	)
USD					1,139,137
USD CALL / CNH PUT 6.50 15FEB16 RBS		6,374,757			130,844
USD CALL / CNY PUT 7.0 15FEB16 RBS		(6,374,757	)		(8,200	)
USD CALL / JPY PUT 125 05APR21 ML		1,400,000			62,922
USD CALL / JPY PUT K= 125 12MAR21 JPM		1,000,000			41,031
USD CALL / JPY PUT K= 125 12MAR21 UBS		1,000,000			41,337
USD CALL / JPY PUT K=125 01APR21 JPM		1,000,000			41,310
USD CALL / JPY PUT K=125 01APR21 UBS		1,000,000			41,518
USD CALL / JPY PUT K=125 11MAR21 BZW		1,000,000			40,832
USD CALL / JPY PUT K=125 15MAR21 UBS		1,000,000			41,357
USD CALL / JPY PUT K=135 18FEB22 ML		1,000,000			36,229
USD CALL / SAR PUT 2016 FEB K=3.761 DB		3,072,500			6,497
USD CALL / SAR PUT 2016 JAN K=3.762 CITI		76,411			87
USD CALL / SAR PUT 2016 JAN K=3.7655 JPM		6,000,000			6,827
USD CALL/ CNH PUT 13JUN16 6.6685 CALL OTC CITI		1,654,000			36,222
USD CALL/CNH PUT 20MAY16 6.75 CALL OTC SCB		4,135,000			61,724
USD PUT / SEK CALL 2016 FEB K=8.105 OTC DB		770,168			1,553
VANTIV INC - CL A SWP CS		(2,117	)		11,164
VEDANTA RESOURCES BNP SWAP		(2,712	)		7,301
VEDANTA RESOURCES PLC SWP BARC		(2,370	)		5,284
VEDANTA RESOURCES PLC SWP BOA		(1,339	)		3,644
VEDANTA RESOURCES PLC SWP CITI		9,133			(29,161	)
VEDANTA RESOURCES PLC SWP HSBC		(2,612	)		6,865
VEDANTA RESOURCES PLC SWP JPM		2,440			(6,530	)
VEDANTA RESOURCES PLC SWP NOM		(1,320	)		2,547
VEDANTA RESOURCES PLC SWP UBS		(1,220	)		3,292
VEDANTA RESRCES JERSEY 5.5 07/13/2016 CVB SWP BNP		300,000			(43,106	)
VERBUND AG SWP BOA		(433	)		217
VERBUND AG SWP CITI		(124	)		252
VERBUND AG SWP CS		185			28
VERBUND AG SWP MS		944			189
VERBUND AG SWP SEB		(140	)		(29	)
VERBUND AG SWP SG		(308	)		217
VERBUND AG SWP UBS		(124	)		254
VFC 2016 JAN 62.5 PUT 01/15/2016		92			11,730
VINCOM JSC 5 04/03/2017 CS USD SWP		400,000			147,192
VINCOM JSC MS USD SWP		(180,741	)		(46,145	)
VINCOM JSC USD CS SWP		(204,776	)		(28,296	)
VINCOM JSC USD CS SWP		5,901			837
VINCOM JSC USD DB SWP		(153,391	)		(30,029	)
VIPS 2016 JAN 30 CALL 01/15/2016		105			0
VIPS 2016 JAN 30 PUT 01/15/2016		(80	)		(117,600	)
VIPS 2016 JAN 35 CALL 01/15/2016		20			—
VIPS 2017 JAN 20 CALL 01/20/2017		(82	)		(14,145	)
VIPS 2017 JAN 35 CALL 01/20/2017		(20	)		(350	)
VIPS 2017 JAN 5 PUT 01/20/2017		355			7,100
VITAL KSK HLDS ASW 6+80 26SEP18 NOM		10,000,000			5,732
VITAL KSK HLDS ASW L+80 26SEP18 MIZUHO		10,000,000			5,732
VITAL KSK HLDS ASW L+80 26SEP18 NOM		10,000,000			5,732
VITAL KSK HOLDINGS INC NOM JPY SWP		(8,300	)		(5,857	)
VITAL KSK HOLDINGS INC SWP BNP		(1,400	)		(586	)
VIX 2016 JAN 22 CALL 01/20/2016		78			7,995
VIX Jan16 20 CALL		952			132,328
VIX Jan16 27 CALL		(635	)		(34,925	)
VIX Jan16 30 CALL		(317	)		(12,363	)
VNO DFT 100 03/20/2020 MS		150,000			(2,151	)
VRX 2016 JAN 105 CALL 01/15/2016 OTC NOMURA		66			27,060
VWR CORP SWP CS		(1,557	)		(237	)
WAB 2016 JAN 70 PUT 01/15/2016		25			2,813
WALT DISNEY CO. SWP CS		(764	)		1,023
WATERS CORP SWP MS		(462	)		(792	)

69

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
WBA Jan16 82.50 PUT		(108	)		(15,282	)
WBA Jan16 85 PUT		(53	)		(13,012	)
WBMD 2016 JAN 65 CALL 01/15/2016		1			0
WEIR GROUP PLC SWP		41,086			(70,903	)
WESFARMERS LIMITED AUD SWP JPM		(6,931	)		11,289
WESFARMERS LIMITED AUD SWP MACQ		(6,222	)		8,846
WESFARMERS LTD CITI AUD SWP		(14,326	)		(1,865	)
WESFARMERS LTD SWP UBS		(4,046	)		8,277
WESTPAC BANKING CORP AUD SWP CITI		(4,864	)		(7,817	)
WESTPAC BANKING CORP AUD SWP DB		(4,709	)		(10,469	)
WESTPAC BANKING CORP AUD SWP MACQ		(8,221	)		(24,043	)
WHITBREAD PLC SWP		37,292			(240,984	)
WHITEHAVEN COAL LTD AUD SWP CS		(181,768	)		109,126
WHITEHAVEN COAL LTD AUD SWP MACQ		(9,764	)		6,230
WILLIAM DEMANT HOLDING SWP		(12,072	)		(131,542	)
WOODSIDE PETROLEUM AUD SWP		(15,889	)		12,515
WTI CRUDE FUTURE DEC16		(25,000	)		—
WTI CRUDE FUTURE DEC17		(40,000	)		—
WTI CRUDE FUTURE DEC18		(4,000	)		—
WTI CRUDE FUTURE JUN16		(51,000	)		—
WTI CRUDE FUTURE JUN17		50,000			—
WTI CRUDE FUTURE JUN18		(40,000	)		—
WTI CRUDE FUTURE MAR16		(5,000	)		—
WTI CRUDE FUTURE MAR17		16,000			—
WTI CRUDE FUTURE MAR18		46,000			—
WTI CRUDE FUTURE SEP16		48,000			—
WUBA 2016 JAN 45.2314 CALL 01/15/2016 OTC MS		8,046			166,931
WUBA 2016 JAN 51.693 CALL 01/15/2016 OTC MS		(16,093	)		(230,578	)
XCBT 20160314		(290,000	)		—
XCBT 20160314		60,000			—
XCBT 20160321		(8,600,000	)		—
XCBT 20160321		19,100,000			—
XCBT 20160331		(400,000	)		—
XCBT 20160331		14,400,000			—
XCBT 20160513		(70,000	)		—
XCBT 20160714		(90,000	)		—
XCBT 20160714		75,000			—
XCBT 20161114		10,000			—
XCBT 20161214		(65,000	)		—
XCBT 20161214		180,000			—
XCEC 20160225		(1,000	)		—
XCME 20160314		(500,000	)		—
XCME 20160429		(560,000	)		—
XCME 20160613		(250,000	)		—
XCME 20160630		40,000			—
XCME 20160831		520,000			—
XCME 20160919		(1,250,000	)		—
XCME 20161219		(1,250,000	)		—
XCME 20170313		(250,000	)		—
XEUR 20160308		(12,100,000	)		—
XEUR 20160308		10,900,000			—
XLNX 2016 JAN 50 CALL 01/15/2016		135			3,510
XLNX 2016 JAN 55 CALL 01/15/2016		106			742
XLNX 2016 JUN 50 CALL 06/17/2016		139			31,831
XLNX 2016 JUN 55 CALL 06/17/2016		(278	)		(25,020	)
XLNX 2016 JUN 65 CALL 06/17/2016		139			2,502
XMGE 20160314		40,000			—
XMGE 20160513		10,000			—
YUNNAN BAIYAO GROUP CO LTD-A USD SWP HSBC		17,700			(21,138	)
YY 2016 JAN 22.5 PUT 01/15/2016		1			—
YY 2016 JAN 25 PUT 01/15/2016		60			0
YY 2017 JAN 100 CALL 01/20/2017		(3	)		(442	)
YY 2017 JAN 100 PUT 01/20/2017		3			11,250
YY 2017 JAN 30 PUT 01/20/2017		11			385
ZIMMER BIOMET HOLDINGS INC SWP MS		(924	)		(3,071	)
ZIONS BANCORPORATION-CW20 K= 36.1976 05/22/2020		31,418			102,109
ZOOPLA PROPERTY GROUP PLC SWP		49,927			6,604
Total Derivatives		782,999,499		$	(3,037,667)
Preferred Stock
ADLAC 5.5% SERIES D ESC		3,100			—
ADLAC 7.5% 05 F ESCROW		182,700			0
ADLAC 7.5% 11/04 ESCROW		9,200			—
ALLERGAN PLC 5.5 PFD		1,127			1,156,133
BAC 7.25 PFD L		116			126,904
BANCOLOMBIA SA PREF		1,732			11,785

70

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Current Value
CIA BRASILEIRA DE DIS PREF		21,117			223,433
DOMINION RESOURCES INC 6.125 SER A PFD		7,364			390,513
EMBOTELLADORA ANDINA A PREF		25,613			70,665
EMBOTELLADORA ANDINA PREF B		16,946			49,862
FIAT CHRYSLER AUTOMOBILE 7.875 12/15/2016 PFD CPM		52,759			6,133,392
FRONTIER COMMUNICATIONS 11.125 06/29/2018 PRC		3,221			293,481
FUCHS PETROLUB SE PREF		21,310			1,006,984
ITAU UNIBANCO HOLDING S PREF		20,580			136,966
ITAUSA INVESTIMENTOS ITAU PR		126,422			219,850
KINDER MORGAN INC/DEL 9.75% SER A PFD		(6,381	)		(254,730	)
MOTORS LIQUIDATION CO		8,375			—
MOTORS LIQUIDATION CO ESCROW		17,985			—
MTNA 6%		160,744			1,048,887
NAVIENT CORP		900			20,817
SAMSUNG ELECTRONICS PREF		1,218			1,133,289
TEVA PHARMACEUTICAL INDU 7 12/15/18 PFD		4,123			4,223,131
TYSON FOODS INC 4.75 CONV PFD		25,281			1,534,430
VIVARTE NEW M SHS		11			—
Total Preferred Stock		705,563		$	17,525,794
Real Estate Investments
ACADIA REALTY TRUST		51,638			1,711,800
AMERICAN ASSETS TRUST INC		25,901			993,303
AMERICAN CAPITAL MORTGAGE IN		43,112			601,844
APARTMENT INVT + MGMT CO A		112,660			4,509,780
AVALONBAY COMMUNITIES INC		54,080			9,957,750
BOSTON PROPERTIES INC		80,390			10,252,941
BRANDYWINE REALTY TRUST		166,390			2,272,887
CAMDEN PROPERTY TRUST		42,510			3,263,068
CARE CAPITAL PROPERTIES INC		88,910			2,717,979
CHESAPEAKE LODGING TRUST		62,710			1,577,784
CORESITE REALTY CORP		28,755			1,630,984
CROWN CASTLE INTL CORP		71,610			6,190,685
CUBESMART		161,088			4,932,515
CYRUSONE INC		102,500			3,838,625
DIGITAL REALTY TRUST INC		50,310			3,804,442
DOUGLAS EMMETT INC		43,800			1,365,684
DUKE REALTY CORP		239,650			5,037,443
EMPIRE STATE REALTY TRUST A		367,180			6,634,943
EQUINIX INC		37,222			11,255,933
EQUITY COMMONWEALTH		48,080			1,333,258
EQUITY ONE INC		65,130			1,768,280
EQUITY RESIDENTIAL		91,230			7,443,456
ESSEX PROPERTY TRUST INC		38,370			9,186,162
FEDERAL REALTY INVS TRUST		9,590			1,401,099
FIRST INDUSTRIAL REALTY TR		111,450			2,466,389
FIRST POTOMAC REALTY TRUST		83,344			950,122
GENERAL GROWTH PROPERTIES		218,400			5,942,664
HANNON ARMSTRONG SUSTAINABLE		17,535			331,762
HCP INC		59,850			2,288,664
HEALTHCARE TRUST OF AME CL A		68,750			1,854,188
HIGHWOODS PROPERTIES INC		111,170			4,847,012
HOSPITALITY PROPERTIES TRUST		54,830			1,433,805
HOST HOTELS + RESORTS INC		456,640			7,004,858
HUDSON PACIFIC PROPERTIES IN		159,260			4,481,576
INFRAREIT INC		8,955			165,668
KILROY REALTY CORP		27,880			1,764,246
KIMCO REALTY CORP		148,680			3,934,073
LASALLE HOTEL PROPERTIES		76,020			1,912,663
LIBERTY PROPERTY TRUST		105,360			3,271,428
NATIONAL RETAIL PROPERTIES		70,180			2,810,709
NORTHSTAR REALTY FINANCE-W/I		33,404			568,870
OMEGA HEALTHCARE INVESTORS		37,030			1,295,309
PEBBLEBROOK HOTEL TRUST		30,444			853,041
PHYSICIANS REALTY TRUST		94,584			1,594,686
POST PROPERTIES INC		26,100			1,544,076
PREFERRED APARTMENT COMMUN A		30,497			398,901
PROLOGIS INC		145,040			6,225,117
PS BUSINESS PARKS INC/CA		52,400			4,581,332
PUBLIC STORAGE		40,540			10,041,758
QTS REALTY TRUST INC CL A		11,220			506,134
RAMCO GERSHENSON PROPERTIES		130,800			2,172,588
REDWOOD TRUST INC		61,038			805,702
REGENCY CENTERS CORP		46,390			3,160,087
SENIOR HOUSING PROP TRUST		153,460			2,277,346
SIMON PROPERTY GROUP INC		82,390			16,019,912
SL GREEN REALTY CORP		19,320			2,182,774
SOVRAN SELF STORAGE INC		17,820			1,912,264
SPIRIT REALTY CAPITAL INC		303,920			3,045,278
STORE CAPITAL CORP		141,110			3,273,752
SUNSTONE HOTEL INVESTORS INC		138,470			1,729,490
URBAN EDGE PROPERTIES		107,140			2,512,433
VENTAS INC		139,140			7,851,670
VORNADO REALTY TRUST		55,960			5,593,762

71

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value		Current Value
WASHINGTON REIT		110,520		2,990,671
WEINGARTEN REALTY INVESTORS		119,860		4,144,759
WELLTOWER INC		177,140		12,050,834
Total Real Estate Investments		6,166,857	$	248,475,013
Total Investments, at Fair Value		5,118,508,492	$	6,049,394,114
* Notes Receivable from Participants with interest rates ranging from 3.25% to 9.25%			$	26,809,874
Total Assets Held at End of Year			$	6,076,203,988

* Denotes party-in-interest

72

The Goldman Sachs 401(k) Plan

Schedule H, Line 4i — Schedule of Assets (Acquired and Disposed of Within Year)

December 31, 2015

Identity of issue, borrower, lessor, or similar party including maturity date, rate of interest, collateral, par, or maturity value	Shares/ Par Value			Proceeds of Dispositions
PACIFIC DRILLING REV 1L USD		200,000			14,007
FOUR SEASONS TERM LOAN GBP		303,030			473,697
EDMENTUM TUTR TL 1L USD		10,000			7,041
AMERICAN SEAFOODS TL A 1L USD		6,713			6,739
OCWEN FINANCIAL TL 1L USD		10,000			9,450
FAIRMOUNT SANTROL TL B1 1L USD		27,600			27,383
FAIRMOUNT SANTROL TL B2 1L USD		193,247			183,574
GOBI ENERGY TL USD ISSUED 4/16/2015		137,844			137,873
OW BUNKER & TRADING REV A 1L		2,812			2,495
OW BUNKER & TRADING REV B 1L		2,424			2,151
GHG PROPCO CREDIT NEW MONEY FACILITY TL PIK&CSH		493,714			683,313
CATALYST SR SEC 11% (13%PIK) TOG NT 10/17/17 144A		20,076			16,244
LBI DB (CLAIM 26314-15) LEHMAN BRO. BANCORP INC.		500,000			66,875
LBI DB (CLAIM 26314-16) LEHMAN BRO. BANCORP INC.		279,200			36,645
LBI DB (CLAIM 6312) LEHMAN BRO. COMMERCIAL CORP.		379,072			49,632
LBI DB (CLAIM 6312-2) LEHMAN BROTHERS HOLDINGS INC		199,268			25,158
LBI DB (CLAIM 6313) LEHMAN BRO. COMDTY SERVCS INC.		475,779			60,067
LBI DB (CLAIM 6313-1) LEHMAN BROTHERS HOLDINGS INC		746,116			94,704
LBI DB (CLAIM 6313-2) LEHMAN BROTHERS HOLDINGS INC		250,105			31,576
LBI DB (CLAIM 6363) LEHMAN BROTHERS HOLDINGS INC.		576,000			74,550
LBI DB (CLAIM 6312-1) LEHMAN BROTHERS HOLDINGS INC		594,464			75,794
ACIS CLO		700,000			439,450
AVOCA CLO XIV LTD.		600,000			510,918
BLUE HILL CLO		800,000			429,000
CABLEVISION SYSTEMS		100,000			79,250
CAESARS ENTERTAINMENT		1,980,000			1,618,350
CBC CORDATUS LOAN FUND V		1,150,000			1,131,846
CHARTER COMMUNICATION		440,000			439,200
CITGO PETROLEUM		590,000			591,525
COMSTOCK FUNDING		2,300,000			552,586
ENERGY FUTURES HOLDING		1,460,000			1,393,972
GULFPORT ENERGY		230,000			227,050
INEOS GROUP		(390,000	)		(384,450	)
INTELSTAT		1,900,000			1,254,200
NUMERICABLE		(280,000	)		(280,300	)
OZLM		1,600,000			1,200,000
PETROLEO BRASILEIRO		240,000			223,466
ROWAM COS		(390,000	)		(409,111	)
SOUTHWESTERN ENERGY		(950,000	)		(833,058	)
VIAMCOM INC		(280,000	)		(266,008	)
WYNN RESORTS		(850,000	)		(786,875	)

73

The Goldman Sachs 401(k) Plan

Schedule G, Part 1 - Schedule of Loans or Fixed Income Obligations in Default or Classified as Uncollectible

December 31, 2015

	(b)	(c) Detailed description of loan including dates of making and maturity, interest rate, the type and value of collateral,			Amount received during reporting year		(g)		Amount overdue
	Identity and address of obligor	any renegotiation of the loan and the terms of the	(d) Original amount of loan		(e)	(f)	Unpaid balance at year end		(h)		(i)
(a)		renegotiation and other material matters			Principal	Interest			Principal		Interest		Steps taken or will be taken to collect overdue amounts
	Texas Competitive Electric Hol, 1601 Bryan Street, Dallas, TX 75201-3411, United States	Issue Date: 10/20/2010, Maturity Date: 4/1/2021,Collateral Type:SECURED,Interest Rate:15		851,000				851,000		—		216,650	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Evergreen Solar Inc, 138 Bartlett Street, Marlboro, MA 01752, United States	Issue Date: 7/2/2008, Maturity Date: 7/15/2013,Collateral Type:SR UNSECURED,Interest Rate:4		20,000				20,000		20,000		1,556	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 3/5/2007, Maturity Date: 3/5/2010,Collateral Type:SR UNSECURED,Interest Rate:0		50,000				50,000		50,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 4/5/2004, Maturity Date: 4/5/2011,Collateral Type:SR UNSECURED,Interest Rate:0		386,000				386,000		386,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 5/4/2006, Maturity Date: 5/4/2011,Collateral Type:SR UNSECURED,Interest Rate:0		472,000				472,000		472,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 7/20/2005, Maturity Date: 7/20/2012,Collateral Type:SR UNSECURED,Interest Rate:0		560,000				560,000		560,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 12/21/2006, Maturity Date: 12/23/2008,Collateral Type:SR UNSECURED,Interest Rate:0		239,000				239,000		239,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 8/21/2006, Maturity Date: 8/21/2009,Collateral Type:SR UNSECURED,Interest Rate:0		252,000				252,000		252,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 4/3/2006, Maturity Date: 4/3/2009,Collateral Type:SR UNSECURED,Interest Rate:0		67,000				67,000		67,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 9/28/2007, Maturity Date: 1/14/2009,Collateral Type:SR UNSECURED,Interest Rate:0		2,450,000				2,450,000		2,450,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 3/23/2007, Maturity Date: 3/23/2009,Collateral Type:SR UNSECURED,Interest Rate:0		3,050,000				3,050,000		3,050,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 10/25/2006, Maturity Date: 10/25/2011,Collateral Type:SR UNSECURED,Interest Rate:0		43,000				43,000		43,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 11/9/2004, Maturity Date: 11/9/2009,Collateral Type:SR UNSECURED,Interest Rate:0		374,000				374,000		374,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 1/12/2007, Maturity Date: 1/12/2012,Collateral Type:SR UNSECURED,Interest Rate:0		363,000				363,000		363,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 6/22/2007, Maturity Date: 6/22/2022,Collateral Type:SR UNSECURED,Interest Rate:11		78,000				78,000		—		63,468	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 10/25/2004, Maturity Date: 11/10/2009,Collateral Type:SR UNSECURED,Interest Rate:3.95		962,000				962,000		962,000		44,438	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 3/9/2005, Maturity Date: 3/9/2015,Collateral Type:SR UNSECURED,Interest Rate:4		2,546,000				2,546,000		2,546,000		669,315	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 5/4/2006, Maturity Date: 5/4/2011,Collateral Type:SR UNSECURED,Interest Rate:4		922,000				922,000		922,000		98,449	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 7/13/2005, Maturity Date: 7/26/2010,Collateral Type:SR UNSECURED,Interest Rate:4.5		219,000				219,000		219,000		18,588	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 2/25/2004, Maturity Date: 3/13/2014,Collateral Type:SR UNSECURED,Interest Rate:4.8		603,000				603,000		603,000		161,202	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 1/12/2007, Maturity Date: 2/6/2012,Collateral Type:SR UNSECURED,Interest Rate:5.25		416,000				416,000		416,000		75,166	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 3/29/2006, Maturity Date: 4/4/2016,Collateral Type:SR UNSECURED,Interest Rate:5.5		698,000				698,000		—		283,979	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 3/4/2003, Maturity Date: 2/27/2020,Collateral Type:SR UNSECURED,Interest Rate:5.5		18,000				18,000		—		7,323	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 3/15/2005, Maturity Date: 3/15/2030,Collateral Type:SR UNSECURED,Interest Rate:5.625		17,000				17,000		—		7,074	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 12/14/2004, Maturity Date: 12/14/2029,Collateral Type:SR UNSECURED,Interest Rate:5.7		25,000				25,000		—		10,541	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 5/16/2006, Maturity Date: 5/17/2013,Collateral Type:SR UNSECURED,Interest Rate:5.75		258,000				258,000		258,000		70,260	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 7/18/2006, Maturity Date: 7/18/2011,Collateral Type:SR UNSECURED,Interest Rate:5.75		328,000				328,000		328,000		54,275	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 5/26/2006, Maturity Date: 4/25/2011,Collateral Type:SR UNSECURED,Interest Rate:5.75		306,000				306,000		306,000		46,529	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 4/4/1991, Maturity Date: 4/1/2011,Collateral Type:SR UNSECURED,Interest Rate:6		462,000				462,000		462,000		71,456	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 7/19/2007, Maturity Date: 7/19/2012,Collateral Type:SR UNSECURED,Interest Rate:6		2,698,000				2,698,000		2,698,000		630,882	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 9/26/2007, Maturity Date: 9/26/2014,Collateral Type:SR UNSECURED,Interest Rate:6.2		2,215,000				2,215,000		2,215,000		840,002	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 2/13/2007, Maturity Date: 2/13/2037,Collateral Type:SR UNSECURED,Interest Rate:6.5		21,000				21,000		—		10,097	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 1/10/2002, Maturity Date: 1/18/2012,Collateral Type:SR UNSECURED,Interest Rate:6.625		4,992,000				4,992,000		4,992,000		1,120,773	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 9/28/2007, Maturity Date: 9/28/2037,Collateral Type:SR UNSECURED,Interest Rate:7		27,000				27,000		—		13,981	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 11/14/2007, Maturity Date: 11/16/2037,Collateral Type:SR UNSECURED,Interest Rate:7		12,000				12,000		—		6,214	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 8/15/2000, Maturity Date: 8/15/2010,Collateral Type:SR UNSECURED,Interest Rate:7.875		220,000				220,000		220,000		33,639	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 11/1/1999, Maturity Date: 11/1/2009,Collateral Type:SR UNSECURED,Interest Rate:7.875		7,500,000				7,500,000		7,500,000		675,938	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 1/3/2008, Maturity Date: 1/3/2023,Collateral Type:SR UNSECURED,Interest Rate:9.25		15,000				15,000		—		10,264	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 12/28/2007, Maturity Date: 12/28/2022,Collateral Type:SR UNSECURED,Interest Rate:9.5		229,000				229,000		—		160,927	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 5/25/2007, Maturity Date: 5/25/2010,Collateral Type:SR UNSECURED,Interest Rate:0		1,723,000				1,723,000		1,723,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 3/17/2006, Maturity Date: 3/17/2011,Collateral Type:SR UNSECURED,Interest Rate:0		649,000				649,000		649,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 5/10/2007, Maturity Date: 5/10/2012,Collateral Type:SR UNSECURED,Interest Rate:0		1,350,000				1,350,000		1,350,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 6/12/2006, Maturity Date: 6/12/2013,Collateral Type:SR UNSECURED,Interest Rate:0		326,000				326,000		326,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 1/16/2004, Maturity Date: 1/16/2014,Collateral Type:SR UNSECURED,Interest Rate:4.75		509,000				509,000		509,000		130,894	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 6/27/2007, Maturity Date: 6/27/2014,Collateral Type:SR UNSECURED,Interest Rate:5.125		550,000				550,000		550,000		165,288	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.

74

The Goldman Sachs 401(k) Plan

Schedule G, Part 1 - Schedule of Loans or Fixed Income Obligations in Default or Classified as Uncollectible

December 31, 2015

	(b)	(c) Detailed description of loan including dates of making and maturity, interest rate, the type and value of collateral,			Amount received during reporting year		(g)		Amount overdue
	Identity and address of obligor	any renegotiation of the loan and the terms of the	(d) Original amount of loan		(e)	(f)	Unpaid balance at year end		(h)		(i)
(a)		renegotiation and other material matters			Principal	Interest			Principal		Interest		Steps taken or will be taken to collect overdue amounts
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 10/17/2007, Maturity Date: 10/17/2012,Collateral Type:SR UNSECURED,Interest Rate:5.375		200,000				200,000		200,000		44,583	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Lehman Brothers Holdings Inc, 1271 6th Avenue, New York, NY 10020, United States	Issue Date: 5/10/2001, Maturity Date: 5/10/2011,Collateral Type:SR UNSECURED,Interest Rate:6.375		116,000				116,000		116,000		19,864	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Callahan Associates Internatio, Gustav-Heinemann-Ufer 54, Koeln, 50968, Germany	Issue Date: 7/16/2001, Maturity Date: 7/15/2011,Collateral Type:SR UNSECURED,Interest Rate:14.125		9,000				9,000		9,000		11,593	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Espirito Santo Financial Group, 22/24 Boulevard Royal, L-2449 Luxembourg, Luxembourg	Issue Date: 11/19/2015, Maturity Date: 11/26/2018,Collateral Type:UNITS,Interest Rate:3.1		100,000				100,000				3,889	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Espirito Santo Financial Group, 22/24 Boulevard Royal, L-2449 Luxembourg, Luxembourg	Issue Date: 11/19/2015, Maturity Date: 11/26/2018,Collateral Type:UNITS,Interest Rate:9.8		57,000				57,000				6,916	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	THQ Inc, 29903 Agoura Road, Agoura Hills, CA 91301, United States	Issue Date: 8/4/2009, Maturity Date: 8/15/2014,Collateral Type:SR UNSECURED,Interest Rate:5		728,000				728,000		728,000		61,071	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Alpha Natural Resources Inc, One Alpha Place, PO Box 16429, Bristol, VA 24209	Issue Date: 6/1/2011, Maturity Date: 6/1/2021,Collateral Type:COMPANY GUARNT,Interest Rate:6.25		107,000				107,000		—		2,786	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Alpha Natural Resources Inc, One Alpha Place, PO Box 16429, Bristol, VA 24209	Issue Date: 10/11/2012, Maturity Date: 4/15/2018,Collateral Type:COMPANY GUARNT,Interest Rate:9.75		261,000				261,000		—		10,603	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Caesars Entertainment Operatin, PO Box 98905, Las Vegas, NV 89193, United States	Issue Date: 8/1/2013, Maturity Date: 2/15/2020,Collateral Type:SR SECURED,Interest Rate:9		190,000				190,000		—		16,625	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Nortel Networks Corp, 5945 Airport Road, Suite 360, Mississauga, ON L4V 1R9	Issue Date: 1/25/2008, Maturity Date: 7/15/2013,Collateral Type:COMPANY GUARNT,Interest Rate:10.125		1,514,000				1,514,000		1,514,000		699,610	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Nortel Networks Corp, 5945 Airport Road, Suite 360, Mississauga, ON L4V 1R9	Issue Date: 1/25/2008, Maturity Date: 7/15/2016,Collateral Type:COMPANY GUARNT,Interest Rate:10.75		1,355,000				1,355,000		—		1,028,539	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Nortel Networks Corp, 5945 Airport Road, Suite 360, Mississauga, ON L4V 1R9	Issue Date: 1/25/2008, Maturity Date: 7/15/2011,Collateral Type:COMPANY GUARNT,Interest Rate:0		52,000				52,000		52,000		—	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Patriot Coal Corp, 12312 Olive Boulevard, Suite 400, St Louis, MO 63141	Issue Date: 12/18/2013, Maturity Date: 12/15/2023,Collateral Type:SECURED,Interest Rate:15		545,815				545,815		—		52,990	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Verso Paper Holdings LLC, #N/A Field Not Applicable, ,	Issue Date: 8/4/2011, Maturity Date: 2/1/2019,Collateral Type:SECURED,Interest Rate:8.75		43,000				43,000		—		3,543	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Winsway Enterprises Holdings L, Ste 2104-05 21F Hutchison Hous, 10 Harcourt Road, Hong Kong (SAR)	Issue Date: 4/8/2011, Maturity Date: 4/8/2016,Collateral Type:COMPANY GUARNT,Interest Rate:8.5		673,000				673,000				15,572	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Winsway Enterprises Holdings L, Ste 2104-05 21F Hutchison Hous, 10 Harcourt Road, Hong Kong (SAR)	Issue Date: 4/8/2011, Maturity Date: 4/8/2016,Collateral Type:COMPANY GUARNT,Interest Rate:8.5		124				124				3	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Alpha Natural Resources Inc, One Alpha Place, PO Box 16429, Bristol, VA 24209	Issue Date: 12/18/2013, Maturity Date: 12/15/2020,Collateral Type:COMPANY GUARNT,Interest Rate:4.875		217,000				217,000		—		4,408	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Nortel Networks Corp, 5945 Airport Road, Suite 360, Mississauga, ON L4V 1R9	Issue Date: 12/21/2007, Maturity Date: 4/15/2012,Collateral Type:COMPANY GUARNT,Interest Rate:1.75		300,000				300,000		300,000		17,310	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	Nortel Networks Corp, 5945 Airport Road, Suite 360, Mississauga, ON L4V 1R9	Issue Date: 12/21/2007, Maturity Date: 4/15/2014,Collateral Type:COMPANY GUARNT,Interest Rate:2.125		786,000				786,000		786,000		88,941	We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.
	AERO INVENTORY PLC, 30 Lancaster Rd, New Barnet, Hertfordshire EN4 8AP	Issue Date: 2/15/2008, Maturity Date: 2/15/2013,Collateral Type:Secured, Interest Rate:2.5		2,296,809				2,296,809		2,296,809			We will continue to monitor all available information that comes to our attention regarding possible payment and collection of amounts due on the respective security.

75

SIGNATURES

The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, the Administrative Committee (or other persons who administer the employee benefit plan) has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

THE GOLDMAN SACHS 401(k) PLAN Members of the Administrative Committee
By:	/s/ Christopher Ceder
Name:    Christopher Ceder
By:	/s/ Edina Jung
Name:    Edina Jung
By:	/s/ Michael Perloff
Name:    Michael Perloff

Date: June 27, 2016

INDEX TO EXHIBITS

Exhibit No.	Description
23	Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm