SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 11-K
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| ☒ | ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
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| ☐ | TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the fiscal year ended December 31, 2017
Commission File Number 0-20355
Costco 401(k) Retirement Plan
(full title of plan)
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Costco Wholesale Corporation
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999 Lake Drive
Issaquah, Washington 98027
(Name of issuer and address of principal executive offices of issuer)
COSTCO 401(k) RETIREMENT PLAN
Table of Contents
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| Financial Statements: | |
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| Supplemental Information | |
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| Exhibit: | |
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Report of Independent Registered Public Accounting Firm
The Benefits Committee
Costco 401(k) Retirement Plan:
Opinion on the Financial Statements
We have audited the accompanying statements of net assets available for benefits of the Costco 401(k) Retirement Plan (the Plan) as of December 31, 2017 and 2016, the related statement of changes in net assets available for benefits for the year ended December 31, 2017, and the related notes (collectively, the financial statements). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2017 and 2016, and the changes in net assets available for benefits for the year ended December 31, 2017, in conformity with U.S. generally accepted accounting principles.
Basis for Opinion
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 are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
Accompanying Supplemental Information
The supplemental information in the accompanying schedule of assets (held at end of year) as of December 31, 2017 has been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental information is the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole.
/s/ KPMG LLP
We have served as the Plan’s auditor since 2002.
Seattle, WA
June 22, 2018
COSTCO 401(k) RETIREMENT PLAN
Statements of Net Assets Available for Benefits
December 31, 2017 and 2016
(in thousands)
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| | | | | | | | | | | | | |
| | | | | | | | 2017 | | 2016 |
| Assets: | | | | | | | |
| | Investments at fair value: | | | |
| | | Costco Wholesale Corporation common stock | $ | 5,507,519 |
| | $ | 4,606,549 |
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| | | Common commingled trust funds | 3,857,434 |
| | 2,920,636 |
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| | | Separately managed accounts | 2,197,607 |
| | 1,742,565 |
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| | | Registered investment company funds | 1,255,566 |
| | 995,090 |
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| | Investments at contract value: | | | |
| | | Fully benefit-responsive investment contracts | 1,181,089 |
| | 1,170,622 |
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| | | | | | Total investments | 13,999,215 |
| | 11,435,462 |
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| | Receivables: | | | | |
| | | Notes receivable from participants | 484,852 |
| | 454,622 |
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| | | Employer contributions (net of forfeitures) | 324,291 |
| | 300,230 |
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| | | | | | Total receivables | 809,143 |
| | 754,852 |
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| | Non-interest bearing cash | 482 |
| | 2,218 |
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| Net assets available for benefits | $ | 14,808,840 |
| | $ | 12,192,532 |
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See accompanying notes to financial statements.
COSTCO 401(k) RETIREMENT PLAN
Statement of Changes in Net Assets Available for Benefits
Year Ended December 31, 2017
(in thousands)
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| | | | | | | | | |
| | 2017 |
| Net investment income: | |
| | Net appreciation of investments | $ | 1,937,850 |
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| | Interest | 24,944 |
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| | Dividends | 313,398 |
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| | | Total net investment income | 2,276,192 |
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| Interest on notes receivable from participants | 21,831 |
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| Contributions to the Plan: | |
| | Employee | 535,788 |
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| | Employer (net of forfeitures) | 384,953 |
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| | | Total contributions | 920,741 |
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| Distributions to participants and other | (602,456 | ) |
| | | Net increase in net assets available for benefits | 2,616,308 |
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| Net assets available for benefits, beginning of year | 12,192,532 |
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| Net assets available for benefits, end of year | $ | 14,808,840 |
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See accompanying notes to financial statements.
COSTCO 401(k) RETIREMENT PLAN
Notes to Financial Statements
December 31, 2017 and 2016
The following description of the Costco 401(k) Retirement Plan (the Plan) provides only general information. Participants should refer to the Plan document for a more complete description of the Plan’s provisions. To participate in the Plan, an individual must be an employee of Costco Wholesale Corporation (the Company or Costco) and certain subsidiaries.
The Plan is a defined contribution plan for the benefit of eligible employees, established by the Company under Section 401(a) of the Internal Revenue Code (IRC). It includes a qualified cash or deferred arrangement as described in Section 401(k) of the IRC. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA), as amended.
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| (a) | Employee Contributions |
The Plan allows certain employees at least 18 years of age to make salary deferral contributions after completing 90 days of service within 12-consecutive months. Eligible employees may contribute from 1% to 50% of their compensation, subject to certain limitations set by the IRC and the Plan. Eligible employees may also contribute amounts representing certain distributions from other retirement plans (known as rollover contributions).
All newly-eligible employees are automatically enrolled in the Plan at a salary deferral contribution rate of 3% unless the employee elects otherwise. The percentage deferred into the Plan automatically increases by one percentage point each year, to a maximum automatic deferral of 20%. Employees may choose to opt out of this automatic deferral increase.
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| (b) | Employer Contributions |
All Company contributions are invested in accordance with investment selections made by participants. If no selection has been made, the contribution defaults to the Retirement Trust Fund corresponding to the participant's age. Employer contributions are allocated based on an employee’s work classification as either: 1) covered by the collective bargaining agreements with the International Brotherhood of Teamsters; or 2) other eligible employment.
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| (1) | Covered by the Teamster Agreements |
The Company matches 50% of each employee’s contribution up to a maximum of $250 per year. In addition, eligible employees at least 18 years of age who have completed a year of service (12 consecutive months in which the employee worked at least 1,000 hours) are eligible for an annual discretionary employer contribution. Plan entry dates for the discretionary contribution occur on January 1 and July 1. The discretionary contribution is allocated only to the accounts of all eligible Plan participants who are employed on the last day of the applicable Plan year. The allocation rate varies, based on years of service, ranging from $0.05 to $0.47 per straight-time hour worked during the Plan year up to a maximum of 2,080 hours. These contributions totaled $6.3 million for the year ended December 31, 2017.
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| (2) | Other eligible employment (not covered by the Teamsters Agreements) |
The Company matches 50% of each employee’s contribution up to a maximum of $500 per year. In addition, eligible employees at least 18 years of age who have completed a year of service (12 consecutive months in which the employee worked at least 1,000 hours) are eligible for an annual discretionary employer contribution. Plan entry dates for the discretionary contribution occur on January 1 and July 1. The discretionary contribution is allocated only to the accounts of eligible Plan participants who are employed on the last day of the applicable Plan year. The allocation rate varies,
COSTCO 401(k) RETIREMENT PLAN
Notes to Financial Statements (Continued)
December 31, 2017 and 2016
based on years of service, ranging from 3% to 9% of the participant's compensation. These contributions totaled $321.0 million for the year ended December 31, 2017.
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| (c) | Participants’ Accounts |
Each participant’s account is credited or debited with the participant’s contributions, the Company’s contributions, earnings, fees, expenses and increases and decreases in underlying account assets. The benefit to which a participant is entitled is the participant’s vested account balance.
Participants are immediately vested in their deferral contributions and in certain other contributions as defined in the Plan document adjusted for investment experience, fees and expenses. Vesting in any form of employer contribution is based on the following schedule:
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| | | | | | | | |
| Years of service | | Percentage vested |
| Under 2 years | | | 0% |
| 2 years | | | 20% |
| 3 years | | | 40% |
| 4 years | | | 60% |
| 5 years | | | 100% |
If a participant terminates employment, the non-vested portion of the account balance is forfeited. Forfeited amounts are used to reduce future employer contributions or to pay administrative expenses. These were immaterial during the years ended December 31, 2017 and 2016. There were no unallocated forfeitures as of December 31, 2017 and 2016, after application to reduce the employer discretionary contributions. Forfeitures are restored to a participant’s account if, within five years, the participant is re-hired by the Company and repays the full amount of the vested account balance distributed upon termination.
Participants may direct their account by investing in any of the Plan's available options. Participants may transfer amounts between investment options on business days that the NYSE is open, subject to certain trading restrictions. Before 2016, participants could invest 100% of their account in Costco stock; starting January 2016, the Plan has a 50% limit on investment in Costco stock, applied prospectively.
Amounts may be temporarily invested in a cash account prior to investment in the Plan’s investment accounts. See Note 2, 3 and 4 for additional information regarding the Plan's investments.
Upon termination of employment, total disability, reaching age 59-1/2 or death, a participant (or participant's beneficiary in the case of death) can request a full, partial or, in certain circumstances, installment or rollover distribution for the vested portion of the account. Participants are also eligible to withdraw a portion of the salary deferral contribution account in the event of certain financial hardships.
Dividends on the Company’s stock are reinvested in the participant’s Company stock account unless a distribution is requested by the participant. Dividends on the Company’s stock are reported on a gross basis, with total dividends reported as “Dividends” and the amounts distributed reported as “Distributions to participants” in the statement of changes in net assets available for benefits. On April 25, 2017, the
COSTCO 401(k) RETIREMENT PLAN
Notes to Financial Statements (Continued)
December 31, 2017 and 2016
Company declared a special cash dividend of $7 per share, which was paid on May 26, 2017. Of the $210.2 million special dividend paid to Plan participants, $134.9 million was distributed to the participants and the remaining $75.3 million was reinvested.
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| (h) | Notes Receivable from Participants |
A participant may borrow between $1,000 up to the lesser of $50,000 or 45% of their vested account balance. Loans are repaid through payroll deductions over a period ranging up to four years or, if for the purchase of a principal residence, up to 15 years. The interest rate is determined by the Plan Administrator from time-to-time and is similar to comparable rates charged by commercial lenders. At December 31, 2017, interest rates on loans outstanding ranged from 4.25% to 11.50%, with various maturities through December 2032. Participant accounts with loans are charged an application fee at initiation and an annual maintenance fee.
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| (i) | Trustee and Plan Administrator |
T. Rowe Price Trust Company is the trustee and recordkeeper for the Plan, and the Costco Benefits Committee is the Plan Administrator.
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| (j) | Administrative and Investment Expenses |
Certain administrative expenses, including investment management and transactions fees, are paid by the Plan. All other administrative expenses are paid by the Company.
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| (2) | Summary of Significant Accounting Policies |
The financial statements of the Plan are prepared under the accrual method of accounting. As required under U.S. generally accepted accounting principles (U.S. GAAP), fully benefit-responsive investment contracts are reported at contract value (see Note 3), while all other investments in the Plan are reported at fair value (see Note 4). A benefit-responsive investment contract is a contract with a financial institution or an insurance company that provides for a stated return on principal invested over a specified period and that permits withdrawals at contract value for benefit payments, loans, or transfers to other investment options offered to the participant by the Plan. Contract value is the amount participants would receive if they were to initiate permitted transactions under the terms of the Plan.
The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of income and expense during the reporting period. Actual results could differ from those estimates and assumptions.
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| (c) | Investment Valuation and Income Recognition |
The Plan invests in the Company’s common stock, common commingled trust funds and other exchange-traded equity securities held in the separately managed accounts, as well as registered investment companies and certain fully benefit-responsive investment contracts that, in turn, invest in a combination of stocks, bonds and other investment securities. Investment securities are exposed to various risks, such as interest rate, credit, and overall market volatility. Due to risk associated with certain investment securities, it is possible that changes in the values of investment securities will occur and that those changes could materially affect the amounts reported in the statements of net assets available for benefits.
COSTCO 401(k) RETIREMENT PLAN
Notes to Financial Statements (Continued)
December 31, 2017 and 2016
The Capital Preservation Portfolio (CPP) is invested in Synthetic Guaranteed Investment Contracts (SICs) and Separate Account Contracts (SACs), which are fully benefit-responsive and recorded at contract value. Participant withdrawals are required to be recorded at contract value.
There are no reserves against contract value for credit risk of the contract issuer or otherwise. The crediting interest rate is based on a formula agreed upon with the issuer, but may not be less than zero. Such interest rates are reviewed on a quarterly basis for resetting. Certain events may limit the ability of the Plan to transact at contract value with the issuer. Events may include, but are not limited to Plan termination, bankruptcy of the Company, or defunction of the trustee. A result may be that the fully benefit-responsive contracts are terminated and settled at an amount different from the contract value. The Plan Administrator believes at this time that any events that would limit the Plan’s ability to transact at contract value with participants are not probable.
Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on an accrual basis. Dividends are recorded on the ex-dividend date. Net appreciation or depreciation of investments includes the change in the fair value or contract value of assets from one period to the next, plus realized gains and losses.
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| (d) | Notes Receivable from Participants |
Participant loans are classified as notes receivable from participants, which are segregated from Plan investments and measured at their unpaid principal balance plus any accrued but unpaid interest.
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| (e) | Distribution of Benefits |
Distributions of benefits are recorded when paid.
(f) Subsequent Events
The Plan monitors significant events occurring after the balance sheet date and prior to the issuance of the financial statements to determine the impacts, if any, of events on the financial statements to be issued. The Plan has evaluated subsequent events through the date which the financial statements are issued.
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| (3) | Fully Benefit-Responsive Investment Contracts |
The following is a description of the fully benefit-responsive investment contracts invested in by the CPP.
SIC: Consist of a portfolio of underlying assets owned by the Plan and wrap contracts issued by an insurance company and a financial institution. The issuers of the wrap contracts provide for unscheduled withdrawals from the contracts at contract value, regardless of the value of the underlying assets, in order to fund routine permitted participant-initiated withdrawals.
SAC and wrap contract: These are contracts with an insurance company. The issuer legally owns the assets and is required to segregate them into a separate account, which is designed to be protected from the claims of the issuer’s general creditors in the event of insolvency. The issuer of the wrap contract provides for unscheduled withdrawals from the contract at contract value, regardless of the value of the underlying assets, in order to fund routine permitted participant-initiated withdrawals.
COSTCO 401(k) RETIREMENT PLAN
Notes to Financial Statements (Continued)
December 31, 2017 and 2016
The table below presents the total contract value of each type of fully benefit-responsive investment contract in the Plan as of December 31, 2017, and 2016.
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| | | | | | | | | | | | | |
| | Fully benefit-responsive investment contracts (in thousands) |
| | 2017 | | 2016 |
| SIC | $ | 995,843 |
| | $ | 984,996 |
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| SAC | 185,246 |
| | 185,626 |
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| Total fully benefit-responsive investment contracts | $ | 1,181,089 |
| | $ | 1,170,622 |
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| (4) | Fair Value Measurement |
U.S. GAAP defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is estimated by applying a fair value hierarchy, which requires maximizing the use of observable inputs. The three levels of inputs are:
Level 1: Quoted market prices in active markets for identical assets or liabilities.
Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data.
Level 3: Significant unobservable inputs that are not corroborated by market data.
Valuation techniques utilized during the reporting period in the fair value measurement of Level 1, Level 2, and Level 3 assets and liabilities presented on the Plan’s statements of net assets available for benefits were not changed from previous practice.
The following is a description of the valuation methodologies used for assets measured at fair value.
Common stock, registered investment company funds, and separately managed accounts: Valued at the closing price reported in the active market in which the individual securities are traded. These assets are valued using Level 1 inputs.
Common commingled trust: The valuation techniques used to measure the fair value of common commingled trust funds are based on quoted market prices, such as quoted net asset values (NAV) published by the fund as supported in an active market. Plan participant transactions of investment or withdrawals may occur on a daily basis in these trusts. There are no unfunded commitments at December 31, 2017 or 2016. These assets are valued using Level 1 inputs.
The tables below present information regarding investments that are measured at fair value on a recurring basis and indicate the level within the hierarchy reflecting the valuation techniques utilized to determine fair value as of December 31, 2017 and 2016.
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| | | | | | | | | | | | | | | |
| December 31, 2017: | Level 1 | | Level 2 | | Level 3 | | Total |
| Investments measured at fair value: | | | | | | | |
| Costco Wholesale Corporation common stock | $ | 5,507,519 |
| | $ | — |
| | $ | — |
| | $ | 5,507,519 |
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| Common commingled trust funds | 3,857,434 |
| | — |
| | — |
| | 3,857,434 |
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| Separately managed accounts | 2,197,607 |
| | — |
| | — |
| | 2,197,607 |
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| Registered investment company funds | 1,255,566 |
| | — |
| | — |
| | 1,255,566 |
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| Total investments in fair value hierarchy | $ | 12,818,126 |
| | $ | — |
| | $ | — |
| | $ | 12,818,126 |
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COSTCO 401(k) RETIREMENT PLAN
Notes to Financial Statements (Continued)
December 31, 2017 and 2016
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| | | | | | | | | | | | | | | |
| December 31, 2016: | Level 1 | | Level 2 | | Level 3 | | Total |
| Investments measured at fair value: | | | | | | | |
| Costco Wholesale Corporation common stock | $ | 4,606,549 |
| | $ | — |
| | $ | — |
| | $ | 4,606,549 |
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| Common commingled trust funds | 2,920,636 |
| | — |
| | — |
| | 2,920,636 |
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| Separately managed accounts | 1,742,565 |
| | — |
| | — |
| | 1,742,565 |
|
| Registered investment company funds | 995,090 |
| | — |
| | — |
| | 995,090 |
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| Total investments in fair value hierarchy | $ | 10,264,840 |
| | $ | — |
| | $ | — |
| | $ | 10,264,840 |
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Although it has no present intent to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan, subject to the provisions of ERISA and the requirements of the collective bargaining agreement with the International Brotherhood of Teamsters. In the event of plan termination, participants will become 100% vested in their accounts.
In a determination letter dated June 9, 2017, the IRS informed the Company that the Plan is designed in accordance with applicable sections of the IRC. The Plan Administrator believes that the Plan is designed and is being operated in compliance with the requirements of the IRC.
U.S. GAAP requires Plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan Administrator has analyzed the tax positions taken by the Plan and has concluded that as of December 31, 2017, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; there are currently no audits in progress. The Plan Administrator believes it is no longer subject to income tax examinations for years prior to 2014.
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| (7) | Party-in-Interest and Related Party Transactions |
Certain Plan investments are shares of registered investment companies, benefit-responsive investment contracts, and common commingled trust funds managed by T. Rowe Price. T. Rowe Price is also the trustee and recordkeeper as defined by the Plan, therefore these transactions qualify as party-in-interest transactions.
As the Plan sponsor, the Company is a party-in-interest with respect to the Plan. As of December 31, 2017 and 2016, the Plan held 29,591,000 and 28,771,000 shares of Costco common stock, with a cost basis of $5.5 billion and $4.6 billion, respectively. The Plan recorded dividend income on Costco common stock of $268.3 million during 2017.
COSTCO 401(k) RETIREMENT PLAN
Schedule H, Line 4i - Schedule of Assets (Held at End of Year)
December 31, 2017
(in thousands)
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| | | | | | | | | | | | | |
(a) (b) Identity of issuer, borrower, lessor, or similar party | | (c) Description of investment | | (d) Cost | | (e) Current value |
| Registered investment company and common commingled trust funds: | | | | | | | | |
| | | American Funds | | New Perspective Fund R6 | | ** | | $ | 285,388 |
|
| | | PIMCO | | Income Institutional | | ** | | 403,135 |
|
| | | * T. Rowe Price | | Retirement Balanced Trust E | | ** | | 23,766 |
|
| | | * T. Rowe Price | | TRP Ret 2005 Active Trust E | | ** | | 14,968 |
|
| | | * T. Rowe Price | | TRP Ret 2010 Active Trust E | | ** | | 41,025 |
|
| | | * T. Rowe Price | | TRP Ret 2015 Active Trust E | | ** | | 126,593 |
|
| | | * T. Rowe Price | | TRP Ret 2020 Active Trust E | | ** | | 346,648 |
|
| | | * T. Rowe Price | | TRP Ret 2025 Active Trust E | | ** | | 497,935 |
|
| | | * T. Rowe Price | | TRP Ret 2030 Active Trust E | | ** | | 515,235 |
|
| | | * T. Rowe Price | | TRP Ret 2035 Active Trust E | | ** | | 433,273 |
|
| | | * T. Rowe Price | | TRP Ret 2040 Active Trust E | | ** | | 538,160 |
|
| | | * T. Rowe Price | | TRP Ret 2045 Active Trust E | | ** | | 607,379 |
|
| | | * T. Rowe Price | | TRP Ret 2050 Active Trust E | | ** | | 332,208 |
|
| | | * T. Rowe Price | | TRP Ret 2055 Active Trust E | | ** | | 345,972 |
|
| | | * T. Rowe Price | | TRP Ret 2060 Active Trust E | | ** | | 34,273 |
|
| | | Vanguard | | Total International Stock Index DX Institutional | | ** | | 16,696 |
|
| | | Vanguard | | Total Bond Market Index Fund Institutional | | ** | | 52,390 |
|
| | | Vanguard | | Institutional Index, Plus | | ** | | 497,956 |
|
| | | Total registered investment company and common commingled trust funds | | | | 5,113,000 |
|
| Separately managed accounts: | | | | | | | | |
| | | Mid-Cap Growth Portfolio: | | | | | | |
| | | | Acadia Healthcare Co Inc. | | Common Stock | | ** | | 3,066 |
|
| | | | Acuity Brands Inc. | | Common Stock | | ** | | 4,574 |
|
| | | | Agilent Technologies Inc. | | Common Stock | | ** | | 15,931 |
|
| | | | Air Products & Chemicals Inc. | | Common Stock | | ** | | 11,152 |
|
| | | | Alkermes Plc | | Common Stock | | ** | | 10,230 |
|
| | | | Allegion Plc | | Common Stock | | ** | | 8,111 |
|
| | | | Alnylam Pharmaceuticals Inc. | | Common Stock | | ** | | 7,365 |
|
| | | | Aramark | | Common Stock | | ** | | 7,006 |
|
| | | | Arc Resources Ltd | | Common Stock | | ** | | 2,492 |
|
| | | | Ardagh Group SA | | Common Stock | | ** | | 380 |
|
| | | | Ashland Global Holdings Inc. | | Common Stock | | ** | | 3,914 |
|
| | | | Athena Health Inc. | | Common Stock | | ** | | 1,995 |
|
| | | | Atlassian Corp Plc-Class A | | Common Stock | | ** | | 5,596 |
|
| | | | Ball Corp | | Common Stock | | ** | | 11,614 |
|
| | | | Bioverativ Inc. | | Common Stock | | ** | | 2,264 |
|
| | | | Black Knight Inc. | | Common Stock | | ** | | 6,708 |
|
| | | | Bruker Corp | | Common Stock | | ** | | 10,737 |
|
| | | | Burlington Stores Inc. | | Common Stock | | ** | | 6,271 |
|
| | | | Bwx Technologies Inc. | | Common Stock | | ** | | 3,376 |
|
| | | | Carmax Inc. | | Common Stock | | ** | | 7,051 |
|
| | | | Casey's General Stores Inc. | | Common Stock | | ** | | 6,042 |
|
| | | | Catalent Inc. | | Common Stock | | ** | | 8,335 |
|
| | | | Cboe Global Markets Inc. | | Common Stock | | ** | | 12,577 |
|
COSTCO 401(k) RETIREMENT PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) (Continued)
December 31, 2017
(in thousands)
|
| | | | | | | | | | | | | |
(a) (b) Identity of issuer, borrower, lessor, or similar party | | (c) Description of investment | | (d) Cost | | (e) Current value |
| | | | Cdk Global Inc. | | Common Stock | | ** | | 5,557 |
|
| | | | Centennial Resource Development - A | | Common Stock | | ** | | 2,593 |
|
| | | | Centennial Resource Development Inc. | | Common Stock | | ** | | 633 |
|
| | | | Coherent Inc. | | Common Stock | | ** | | 4,231 |
|
| | | | Colfax Corp | | Common Stock | | ** | | 6,339 |
|
| | | | Conagra Brands Inc. | | Common Stock | | ** | | 4,443 |
|
| | | | Concho Resources Inc. | | Common Stock | | ** | | 7,657 |
|
| | | | Cooper Cos Inc./The | | Common Stock | | ** | | 14,809 |
|
| | | | Corelogic Inc. | | Common Stock | | ** | | 7,990 |
|
| | | | Corning Inc. | | Common Stock | | ** | | 1,087 |
|
| | | | Costar Group Inc. | | Common Stock | | ** | | 5,164 |
|
| | | | Csra Inc. | | Common Stock | | ** | | 6,310 |
|
| | | | Dentsply Sirona Inc. | | Common Stock | | ** | | 6,185 |
|
| | | | Dexcom Inc. | | Common Stock | | ** | | 3,384 |
|
| | | | Dollar General Corp | | Common Stock | | ** | | 17,384 |
|
| | | | Dunkin' Brands Group Inc. | | Common Stock | | ** | | 5,671 |
|
| | | | Electronic Arts Inc. | | Common Stock | | ** | | 6,826 |
|
| | | | Envision Healthcare Corp | | Common Stock | | ** | | 8,118 |
|
| | | | Equifax Inc. | | Common Stock | | ** | | 6,011 |
|
| | | | Expedia Inc. | | Common Stock | | ** | | 5,028 |
|
| | | | Ferrari Nv | | Common Stock | | ** | | 3,668 |
|
| | | | Fidelity National Info Serv | | Common Stock | | ** | | 5,643 |
|
| | | | Fifth Third Bancorp | | Common Stock | | ** | | 5,246 |
|
| | | | Fiserv Inc. | | Common Stock | | ** | | 17,825 |
|
| | | | Fleetcor Technologies Inc. | | Common Stock | | ** | | 6,732 |
|
| | | | FNF Group | | Common Stock | | ** | | 14,629 |
|
| | | | Fortive Corp | | Common Stock | | ** | | 9,184 |
|
| | | | Franco-Nevada Corp | | Common Stock | | ** | | 5,434 |
|
| | | | Gardner Denver Holdings Inc. | | Common Stock | | ** | | 3,866 |
|
| | | | Gartner Inc. | | Common Stock | | ** | | 4,185 |
|
| | | | Global Payments Inc. | | Common Stock | | ** | | 11,121 |
|
| | | | Guidewire Software Inc. | | Common Stock | | ** | | 3,117 |
|
| | | | Harris Corp | | Common Stock | | ** | | 14,441 |
|
| | | | Hd Supply Holdings Inc. | | Common Stock | | ** | | 8,162 |
|
| | | | Henry Schein Inc. | | Common Stock | | ** | | 5,937 |
|
| | | | Hologic Inc. | | Common Stock | | ** | | 17,348 |
|
| | | | Hunt (Jb) Transprt Svcs Inc. | | Common Stock | | ** | | 2,758 |
|
| | | | Iac/Interactivecorp | | Common Stock | | ** | | 8,311 |
|
| | | | Idex Corp | | Common Stock | | ** | | 16,396 |
|
| | | | Idexx Laboratories Inc. | | Common Stock | | ** | | 1,876 |
|
| | | | IHS Markit Ltd | | Common Stock | | ** | | 6,814 |
|
| | | | Illumina Inc. | | Common Stock | | ** | | 5,460 |
|
| | | | Incyte Corp | | Common Stock | | ** | | 3,589 |
|
| | | | Intuitive Surgical Inc. | | Common Stock | | ** | | 2,553 |
|
| | | | Iqvia Holdings Inc. | | Common Stock | | ** | | 5,969 |
|
| | | | Kansas City Southern | | Common Stock | | ** | | 6,310 |
|
COSTCO 401(k) RETIREMENT PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) (Continued)
December 31, 2017
(in thousands)
|
| | | | | | | | | | | | | |
(a) (b) Identity of issuer, borrower, lessor, or similar party | | (c) Description of investment | | (d) Cost | | (e) Current value |
| | | | Kar Auction Services Inc. | | Common Stock | | ** | | 6,866 |
|
| | | | Keysight Technologies Inc. | | Common Stock | | ** | | 14,179 |
|
| | | | Kla-Tencor Corp | | Common Stock | | ** | | 2,625 |
|
| | | | L Brands Inc. | | Common Stock | | ** | | 2,528 |
|
| | | | Marketaxess Holdings Inc. | | Common Stock | | ** | | 3,008 |
|
| | | | Marriott International -Cl A | | Common Stock | | ** | | 15,059 |
|
| | | | Martin Marietta Materials | | Common Stock | | ** | | 5,523 |
|
| | | | Marvell Technology Group Ltd | | Common Stock | | ** | | 7,811 |
|
| | | | Match Group Inc. | | Common Stock | | ** | | 2,848 |
|
| | | | Maxar Technologies Ltd | | Common Stock | | ** | | 6,229 |
|
| | | | Mednax Inc. | | Common Stock | | ** | | 7,264 |
|
| | | | Mgm Resorts International | | Common Stock | | ** | | 8,143 |
|
| | | | Michaels Cos Inc./The | | Common Stock | | ** | | 4,086 |
|
| | | | Microchip Technology Inc. | | Common Stock | | ** | | 17,919 |
|
| | | | Microsemi Corp | | Common Stock | | ** | | 3,046 |
|
| | | | MSCI Inc. | | Common Stock | | ** | | 4,300 |
|
| | | | National Instruments Corp | | Common Stock | | ** | | 2,871 |
|
| | | | Norwegian Cruise Line Holdings | | Common Stock | | ** | | 15,435 |
|
| | | | O'Reilly Automotive Inc. | | Common Stock | | ** | | 8,174 |
|
| | | | Progressive Corp | | Common Stock | | ** | | 14,298 |
|
| | | | PVH Corp | | Common Stock | | ** | | 4,251 |
|
| | | | Red Hat Inc. | | Common Stock | | ** | | 12,244 |
|
| | | | Rockwell Collins Inc. | | Common Stock | | ** | | 2,304 |
|
| | | | Roper Technologies Inc. | | Common Stock | | ** | | 17,603 |
|
| | | | Royal Caribbean Cruises Ltd | | Common Stock | | ** | | 4,054 |
|
| | | | Rpm International Inc. | | Common Stock | | ** | | 7,126 |
|
| | | | Sage Therapeutics Inc. | | Common Stock | | ** | | 165 |
|
| | | | Seattle Genetics Inc. | | Common Stock | | ** | | 2,246 |
|
| | | | Sensata Technologies Holding | | Common Stock | | ** | | 16,347 |
|
| | | | Servicemaster Global Holding | | Common Stock | | ** | | 4,527 |
|
| | | | Servicenow Inc. | | Common Stock | | ** | | 2,216 |
|
| | | | Shopify Inc - Class A | | Common Stock | | ** | | 2,019 |
|
| | | | SLM Corp | | Common Stock | | ** | | 3,637 |
|
| | | | Splunk Inc. | | Common Stock | | ** | | 6,293 |
|
| | | | Sprouts Farmers Market Inc. | | Common Stock | | ** | | 5,014 |
|
| | | | Ss&C Technologies Holdings | | Common Stock | | ** | | 5,503 |
|
| | | | Symantec Corporation | | Common Stock | | ** | | 5,693 |
|
| | | | Tableau Software Inc.-Cl A | | Common Stock | | ** | | 4,219 |
|
| | | | Tapestry Inc. | | Common Stock | | ** | | 17,197 |
|
| | | | Td Ameritrade Holding Corp | | Common Stock | | ** | | 14,412 |
|
| | | | Teleflex Inc. | | Common Stock | | ** | | 23,378 |
|
| | | | Tesaro Inc. | | Common Stock | | ** | | 994 |
|
| | | | Textron Inc. | | Common Stock | | ** | | 22,851 |
|
| | | | Transunion | | Common Stock | | ** | | 7,746 |
|
| | | | Treehouse Foods Inc. | | Common Stock | | ** | | 5,833 |
|
| | | | Tripadvisor Inc. | | Common Stock | | ** | | 2,618 |
|
COSTCO 401(k) RETIREMENT PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) (Continued)
December 31, 2017
(in thousands)
|
| | | | | | | | | | | | | |
(a) (b) Identity of issuer, borrower, lessor, or similar party | | (c) Description of investment | | (d) Cost | | (e) Current value |
| | | | Ulta Beauty Inc. | | Common Stock | | ** | | 4,024 |
|
| | | | United Continental Holdings | | Common Stock | | ** | | 5,794 |
|
| | | | Vail Resorts Inc. | | Common Stock | | ** | | 6,159 |
|
| | | | Valvoline Inc. | | Common Stock | | ** | | 9,343 |
|
| | | | Vantiv Inc. - Cl A | | Common Stock | | ** | | 12,497 |
|
| | | | Veeva Systems Inc.-Class A | | Common Stock | | ** | | 2,321 |
|
| | | | Venture Global Lng, Inc., Series C | | Common Stock | | ** | | 961 |
|
| | | | Verisign Inc. | | Common Stock | | ** | | 5,834 |
|
| | | | Verisk Analytics Inc. | | Common Stock | | ** | | 10,075 |
|
| | | | Vertex Pharmaceuticals Inc. | | Common Stock | | ** | | 3,894 |
|
| | | | Waste Connections Inc. | | Common Stock | | ** | | 10,707 |
|
| | | | We Work Companies Class A | | Common Stock | | ** | | 563 |
|
| | | | Webster Financial Corp | | Common Stock | | ** | | 3,031 |
|
| | | | West Pharmaceutical Services | | Common Stock | | ** | | 5,030 |
|
| | | | Willis Towers Watson Plc | | Common Stock | | ** | | 15,363 |
|
| | | | Workday Inc.-Class A | | Common Stock | | ** | | 8,034 |
|
| | | | Xilinx Inc. | | Common Stock | | ** | | 10,243 |
|
| | | | Xylem Inc. | | Common Stock | | ** | | 8,794 |
|
| | | | Zillow Group Inc. - A | | Common Stock | | ** | | 692 |
|
| | | | Zillow Group Inc. - C | | Common Stock | | ** | | 695 |
|
| | | | Zoetis Inc. | | Common Stock | | ** | | 6,120 |
|
| | | | * T. Rowe Price Tre Res Fund | | Money Market Security | | ** | | 21,311 |
|
| | | | Roofoods Limited (Deliveroo) | | Mutual Fund | | ** | | 1,350 |
|
| | | | Collective Us Govt Stif 5 Bps | | Bond | | ** | | 2,115 |
|
| | | Large Cap Value Portfolio: | | | | | | |
| | | | Abbott Laboratories | | Common Stock | | ** | | 1,701 |
|
| | | | Aetna Inc. | | Common Stock | | ** | | 4,778 |
|
| | | | Agilent Technologies Inc. | | Common Stock | | ** | | 1,766 |
|
| | | | American Airlines Group I | | Common Stock | | ** | | 2,285 |
|
| | | | American Electric Power | | Common Stock | | ** | | 2,961 |
|
| | | | American International Group | | Common Stock | | ** | | 1,680 |
|
| | | | Ameriprise Financial Inc. | | Common Stock | | ** | | 369 |
|
| | | | Andeavor | | Common Stock | | ** | | 1,367 |
|
| | | | Anthem Inc. | | Common Stock | | ** | | 2,651 |
|
| | | | Apple Inc. | | Common Stock | | ** | | 1,106 |
|
| | | | Applied Materials Inc. | | Common Stock | | ** | | 955 |
|
| | | | Atmos Energy Corp | | Common Stock | | ** | | 555 |
|
| | | | Ball Corp | | Common Stock | | ** | | 1,269 |
|
| | | | Bank Of New York Mellon Corp | | Common Stock | | ** | | 2,402 |
|
| | | | Becton Dickinson And Co | | Common Stock | | ** | | 3,095 |
|
| | | | Biogen Inc. | | Common Stock | | ** | | 587 |
|
| | | | Boeing Co/The | | Common Stock | | ** | | 3,409 |
|
| | | | Boston Scientific Corp | | Common Stock | | ** | | 352 |
|
| | | | Cf Industries Holdings Inc. | | Common Stock | | ** | | 1,424 |
|
| | | | CSX Corp | | Common Stock | | ** | | 286 |
|
COSTCO 401(k) RETIREMENT PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) (Continued)
December 31, 2017
(in thousands)
|
| | | | | | | | | | | | | |
(a) (b) Identity of issuer, borrower, lessor, or similar party | | (c) Description of investment | | (d) Cost | | (e) Current value |
| | | | CVS Health Corp | | Common Stock | | ** | | 1,348 |
|
| | | | Canadian Natural Resources | | Common Stock | | ** | | 668 |
|
| | | | Charter Communications Inc.-A | | Common Stock | | ** | | 863 |
|
| | | | Chevron Corp | | Common Stock | | ** | | 2,459 |
|
| | | | Cisco Systems Inc. | | Common Stock | | ** | | 2,191 |
|
| | | | Citigroup Inc. | | Common Stock | | ** | | 5,370 |
|
| | | | Comcast Corp-Class A | | Common Stock | | ** | | 660 |
|
| | | | Cooper Cos Inc./The | | Common Stock | | ** | | 958 |
|
| | | | Crown Castle Intl Corp | | Common Stock | | ** | | 2,019 |
|
| | | | Dte Energy Company | | Common Stock | | ** | | 1,477 |
|
| | | | Danaher Corp | | Common Stock | | ** | | 2,374 |
|
| | | | Delta Air Lines Inc. | | Common Stock | | ** | | 2,536 |
|
| | | | Devon Energy Corp | | Common Stock | | ** | | 393 |
|
| | | | Dowdupont Inc. | | Common Stock | | ** | | 2,550 |
|
| | | | Eog Resources Inc. | | Common Stock | | ** | | 3,480 |
|
| | | | Eastman Chemical Co | | Common Stock | | ** | | — |
|
| | | | Encana Corp | | Common Stock | | ** | | 185 |
|
| | | | Entergy Corp | | Common Stock | | ** | | 895 |
|
| | | | Eversource Energy | | Common Stock | | ** | | 2,021 |
|
| | | | Exelon Corp | | Common Stock | | ** | | 650 |
|
| | | | Express Scripts Holding Co | | Common Stock | | ** | | 537 |
|
| | | | Fifth Third Bancorp | | Common Stock | | ** | | 2,369 |
|
| | | | Fortune Brands Home & Securities | | Common Stock | | ** | | 1,067 |
|
| | | | Gilead Sciences Inc. | | Common Stock | | ** | | 1,461 |
|
| | | | Hca Healthcare Inc. | | Common Stock | | ** | | 619 |
|
| | | | Harris Corp | | Common Stock | | ** | | 1,720 |
|
| | | | Hologic Inc. | | Common Stock | | ** | | 1,517 |
|
| | | | Honeywell International Inc. | | Common Stock | | ** | | 2,774 |
|
| | | | Intercontinental Exchange Inc. | | Common Stock | | ** | | 2,038 |
|
| | | | International Paper Co | | Common Stock | | ** | | 2,895 |
|
| | | | Jpmorgan Chase & Co | | Common Stock | | ** | | 12,788 |
|
| | | | Johnson & Johnson | | Common Stock | | ** | | 2,178 |
|
| | | | Keycorp | | Common Stock | | ** | | 2,657 |
|
| | | | Keysight Technologies Inc. | | Common Stock | | ** | | 1,376 |
|
| | | | L Brands Inc. | | Common Stock | | ** | | 1,026 |
|
| | | | Lennar Corp-A | | Common Stock | | ** | | 1,502 |
|
| | | | Magna International Inc. | | Common Stock | | ** | | 1,885 |
|
| | | | Marathon Petroleum Corp | | Common Stock | | ** | | 1,924 |
|
| | | | Marsh & McLennan Cos | | Common Stock | | ** | | 2,316 |
|
| | | | Merck & Co. Inc. | | Common Stock | | ** | | 5,213 |
|
| | | | Metlife Inc. | | Common Stock | | ** | | 845 |
|
| | | | Microsoft Corp | | Common Stock | | ** | | 10,944 |
|
| | | | Morgan Stanley | | Common Stock | | ** | | 4,346 |
|
| | | | Nextera Energy Inc. | | Common Stock | | ** | | 3,201 |
|
| | | | Nisource Inc. | | Common Stock | | ** | | 849 |
|
| | | | Noble Energy Inc. | | Common Stock | | ** | | 882 |
|
COSTCO 401(k) RETIREMENT PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) (Continued)
December 31, 2017
(in thousands)
|
| | | | | | | | | | | | | |
(a) (b) Identity of issuer, borrower, lessor, or similar party | | (c) Description of investment | | (d) Cost | | (e) Current value |
| | | | Occidental Petroleum Corp | | Common Stock | | ** | | 2,183 |
|
| | | | P G & E Corp | | Common Stock | | ** | | 1,137 |
|
| | | | PNC Financial Services Group | | Common Stock | | ** | | 3,185 |
|
| | | | PPG Industries Inc. | | Common Stock | | ** | | 146 |
|
| | | | Pepsico Inc. | | Common Stock | | ** | | — |
|
| | | | Pfizer Inc. | | Common Stock | | ** | | 3,435 |
|
| | | | Philip Morris International | | Common Stock | | ** | | 5,271 |
|
| | | | Priceline Group Inc./The | | Common Stock | | ** | | 851 |
|
| | | | Qualcomm Inc. | | Common Stock | | ** | | 3,436 |
|
| | | | Roper Technologies Inc. | | Common Stock | | ** | | 1,485 |
|
| | | | Sempra Energy | | Common Stock | | ** | | 2,116 |
|
| | | | Southern Co/The | | Common Stock | | ** | | 2,624 |
|
| | | | Stanley Black & Decker Inc. | | Common Stock | | ** | | 2,222 |
|
| | | | State Street Corp | | Common Stock | | ** | | 2,055 |
|
| | | | Steel Dynamics Inc. | | Common Stock | | ** | | 208 |
|
| | | | Stericycle Inc. | | Common Stock | | ** | | 960 |
|
| | | | Stryker Corp | | Common Stock | | ** | | 2,188 |
|
| | | | Symantec Corporation | | Common Stock | | ** | | 2,068 |
|
| | | | Synopsys Inc. | | Common Stock | | ** | | 1,923 |
|
| | | | Synchrony Financial | | Common Stock | | ** | | 1,569 |
|
| | | | Texas Instruments Inc. | | Common Stock | | ** | | 699 |
|
| | | | Thermo Fisher Scientific Inc. | | Common Stock | | ** | | 1,229 |
|
| | | | Total Sa-Spon Adr | | Common Stock | | ** | | 2,133 |
|
| | | | Transcanada Corp | | Common Stock | | ** | | 4,325 |
|
| | | | Twenty-First Century Fox - B | | Common Stock | | ** | | 2,230 |
|
| | | | Tyson Foods Inc.-Cl A | | Common Stock | | ** | | 11,492 |
|
| | | | US Bancorp | | Common Stock | | ** | | 2,254 |
|
| | | | United Parcel Service-Cl B | | Common Stock | | ** | | 2,483 |
|
| | | | United Technologies Corp | | Common Stock | | ** | | 1,076 |
|
| | | | Verizon Communications Inc. | | Common Stock | | ** | | 4,883 |
|
| | | | Voya Financial Inc. | | Common Stock | | ** | | 712 |
|
| | | | Vulcan Materials Co | | Common Stock | | ** | | 74 |
|
| | | | Wal-Mart Stores Inc. | | Common Stock | | ** | | 4,599 |
|
| | | | Wells Fargo & Co | | Common Stock | | ** | | 7,735 |
|
| | | | Westar Energy Inc. | | Common Stock | | ** | | 1,852 |
|
| | | | Weyerhaeuser Co | | Common Stock | | ** | | 1,054 |
|
| | | | Bunge Ltd | | Common Stock | | ** | | 974 |
|
| | | | Johnson Controls International | | Common Stock | | ** | | 2,786 |
|
| | | | Medtronic Plc | | Common Stock | | ** | | 3,517 |
|
| | | | Norwegian Cruise Line Holdings | | Common Stock | | ** | | 1,727 |
|
| | | | Willis Towers Watson Plc | | Common Stock | | ** | | 1,205 |
|
| | | | Perrigo Co Plc | | Common Stock | | ** | | 1,120 |
|
| | | | Xl Group Ltd | | Common Stock | | ** | | 1,895 |
|
| | | | Chubb Ltd | | Common Stock | | ** | | 4,338 |
|
| | | | Te Connectivity Ltd | | Common Stock | | ** | | 897 |
|
| | | | Broadcom Ltd | | Common Stock | | ** | | 3,488 |
|
COSTCO 401(k) RETIREMENT PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) (Continued)
December 31, 2017
(in thousands)
|
| | | | | | | | | | | | | |
(a) (b) Identity of issuer, borrower, lessor, or similar party | | (c) Description of investment | | (d) Cost | | (e) Current value |
| | | | British American Tobacco Plc | | Foreign Stock | | ** | | 1,311 |
|
| | | | Glaxosmithkline Plc | | Foreign Stock | | ** | | 327 |
|
| | | | Muenchener Rueckver Ag-Reg | | Foreign Stock | | ** | | 1,145 |
|
| | | | Becton Dickinson And Co | | Preferred Stock | | ** | | 542 |
|
| | | | Nextera Energy Inc. | | Preferred Stock | | ** | | 952 |
|
| | | | Us Govt Stif 5 Bps | | Money Market Securities | | ** | | 2,403 |
|
| | | | * T. Rowe Price Gov Res Fund | | Mutual Funds | | ** | | 2 |
|
| | | Small-Cap Core Portfolio: | | | | | | |
| | | | 2U Inc. | | Common Stock | | ** | | 1,132 |
|
| | | | Aaon Inc. | | Common Stock | | ** | | 758 |
|
| | | | Acadia Healthcare Co Inc. | | Common Stock | | ** | | 1,073 |
|
| | | | Acadia Realty Trust | | Common Stock | | ** | | 789 |
|
| | | | Acceleron Pharma Inc. | | Common Stock | | ** | | 809 |
|
| | | | Advantage Oil & Gas Ltd | | Common Stock | | ** | | 475 |
|
| | | | Aerojet Rocketdyne Holdings | | Common Stock | | ** | | 1,103 |
|
| | | | Aimmune Therapeutics Inc. | | Common Stock | | ** | | 241 |
|
| | | | Alamo Group Inc. | | Common Stock | | ** | | 946 |
|
| | | | Alexander & Baldwin Inc. | | Common Stock | | ** | | 1,029 |
|
| | | | Alkermes Plc | | Common Stock | | ** | | 1,065 |
|
| | | | Ambarella Inc. | | Common Stock | | ** | | 369 |
|
| | | | American Campus Communities | | Common Stock | | ** | | 1,474 |
|
| | | | American Public Education | | Common Stock | | ** | | 583 |
|
| | | | Aquinox Pharmaceuticals Inc. | | Common Stock | | ** | | 125 |
|
| | | | Argenx Se - Adr | | Common Stock | | ** | | 206 |
|
| | | | Assured Guaranty Ltd | | Common Stock | | ** | | 1,700 |
|
| | | | Atlantic Capital Bancshares | | Common Stock | | ** | | 802 |
|
| | | | Axovant Sciences Ltd | | Common Stock | | ** | | 75 |
|
| | | | Azz Inc. | | Common Stock | | ** | | 1,810 |
|
| | | | Bank Of N.T. Butterfield&Son | | Common Stock | | ** | | 833 |
|
| | | | Bankunited Inc. | | Common Stock | | ** | | 3,709 |
|
| | | | Barnes Group Inc. | | Common Stock | | ** | | 2,348 |
|
| | | | Beneficial Bancorp Inc. | | Common Stock | | ** | | 1,344 |
|
| | | | Blue Hills Bancorp Inc. | | Common Stock | | ** | | 806 |
|
| | | | Blueprint Medicines Corp | | Common Stock | | ** | | 1,213 |
|
| | | | Booz Allen Hamilton Holdings | | Common Stock | | ** | | 2,537 |
|
| | | | Boston Beer Company Inc. -A | | Common Stock | | ** | | 1,925 |
|
| | | | Bridge Bancorp Inc. | | Common Stock | | ** | | 1,414 |
|
| | | | Bright Horizons Family Solutions | | Common Stock | | ** | | 816 |
|
| | | | Brink's Co/The | | Common Stock | | ** | | 2,481 |
|
| | | | Bruker Corp | | Common Stock | | ** | | 1,871 |
|
| | | | Burlington Stores Inc. | | Common Stock | | ** | | 2,479 |
|
| | | | BWX Technologies Inc. | | Common Stock | | ** | | 3,319 |
|
| | | | Cable One Inc. | | Common Stock | | ** | | 2,480 |
|
| | | | California Water Service Grp | | Common Stock | | ** | | 2,027 |
|
| | | | Cal-Maine Foods Inc. | | Common Stock | | ** | | 3,287 |
|
| | | | Capitol Federal Financial Inc. | | Common Stock | | ** | | 1,100 |
|
COSTCO 401(k) RETIREMENT PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) (Continued)
December 31, 2017
(in thousands)
|
| | | | | | | | | | | | | |
(a) (b) Identity of issuer, borrower, lessor, or similar party | | (c) Description of investment | | (d) Cost | | (e) Current value |
| | | | Cardtronics Plc - A | | Common Stock | | ** | | 1,332 |
|
| | | | Cargurus Inc. | | Common Stock | | ** | | 475 |
|
| | | | Cargurus Inc. Class A | | Common Stock | | ** | | 1,710 |
|
| | | | Catalent Inc. | | Common Stock | | ** | | 2,045 |
|
| | | | Cboe Global Markets Inc. | | Common Stock | | ** | | 3,643 |
|
| | | | Centene Corp | | Common Stock | | ** | | 2,788 |
|
| | | | Centennial Resource Development-A | | Common Stock | | ** | | 937 |
|
| | | | Centennial Resource Development Inc. | | Common Stock | | ** | | 144 |
|
| | | | Chart Industries Inc. | | Common Stock | | ** | | 3,258 |
|
| | | | Chegg Inc. | | Common Stock | | ** | | 2,578 |
|
| | | | Chesapeake Utilities Corp | | Common Stock | | ** | | 1,410 |
|
| | | | Chuy's Holdings Inc. | | Common Stock | | ** | | 593 |
|
| | | | Clifton Bancorp Inc. | | Common Stock | | ** | | 415 |
|
| | | | Colliers International Group | | Common Stock | | ** | | 1,156 |
|
| | | | Columbia Banking System Inc. | | Common Stock | | ** | | 695 |
|
| | | | Commercial Metals Co | | Common Stock | | ** | | 804 |
|
| | | | Compass Minerals International | | Common Stock | | ** | | 663 |
|
| | | | Computer Modelling Group Ltd | | Common Stock | | ** | | 567 |
|
| | | | Core-Mark Holding Co Inc. | | Common Stock | | ** | | 1,265 |
|
| | | | Coupa Software Inc. | | Common Stock | | ** | | 942 |
|
| | | | Crew Energy Inc. | | Common Stock | | ** | | 708 |
|
| | | | Cross Country Healthcare Inc. | | Common Stock | | ** | | 652 |
|
| | | | CSRA Inc. | | Common Stock | | ** | | 1,934 |
|
| | | | CSW Industrials Inc. | | Common Stock | | ** | | 541 |
|
| | | | CTS Corp | | Common Stock | | ** | | 858 |
|
| | | | Cyberark Software Ltd/Israel | | Common Stock | | ** | | 1,371 |
|
| | | | Denny's Corp | | Common Stock | | ** | | 2,165 |
|
| | | | Dermira Inc. | | Common Stock | | ** | | 369 |
|
| | | | Descartes Systems Grp/The | | Common Stock | | ** | | 2,663 |
|
| | | | Diamondback Energy Inc. | | Common Stock | | ** | | 1,839 |
|
| | | | DLP Payments Holdings Ltd | | Common Stock | | ** | | 531 |
|
| | | | Dorian LPG Ltd | | Common Stock | | ** | | 40 |
|
| | | | Dril-Quip Inc. | | Common Stock | | ** | | 833 |
|
| | | | DST Systems Inc. | | Common Stock | | ** | | 1,486 |
|
| | | | Dunkin' Brands Group Inc. | | Common Stock | | ** | | 2,161 |
|
| | | | Eastgroup Properties Inc. | | Common Stock | | ** | | 2,495 |
|
| | | | Edgewell Personal Care Co | | Common Stock | | ** | | 1,564 |
|
| | | | Ellie Mae Inc. | | Common Stock | | ** | | 1,792 |
|
| | | | Encore Capital Group Inc. | | Common Stock | | ** | | 1,411 |
|
| | | | Enstar Group Ltd | | Common Stock | | ** | | 1,121 |
|
| | | | Entegris Inc. | | Common Stock | | ** | | 969 |
|
| | | | Equity Commonwealth | | Common Stock | | ** | | 1,631 |
|
| | | | Esco Technologies Inc. | | Common Stock | | ** | | 2,768 |
|
| | | | Essent Group Ltd | | Common Stock | | ** | | 684 |
|
| | | | Etsy Inc. | | Common Stock | | ** | | 481 |
|
| | | | Exelixis Inc. | | Common Stock | | ** | | 1,256 |
|
COSTCO 401(k) RETIREMENT PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) (Continued)
December 31, 2017
(in thousands)
|
| | | | | | | | | | | | | |
(a) (b) Identity of issuer, borrower, lessor, or similar party | | (c) Description of investment | | (d) Cost | | (e) Current value |
| | | | Farmers Business Network | | Common Stock | | ** | | 555 |
|
| | | | Fb Financial Corp | | Common Stock | | ** | | 1,726 |
|
| | | | Fiesta Restaurant Group | | Common Stock | | ** | | 899 |
|
| | | | Finisar Corporation | | Common Stock | | ** | | 684 |
|
| | | | First Hawaiian Inc. | | Common Stock | | ** | | 1,151 |
|
| | | | Firstservice Corp | | Common Stock | | ** | | 2,567 |
|
| | | | Five Below | | Common Stock | | ** | | 1,343 |
|
| | | | Five9 Inc. | | Common Stock | | ** | | 2,373 |
|
| | | | Floor & Decor Holdings Inc.-A | | Common Stock | | ** | | 203 |
|
| | | | Franco-Nevada Corp | | Common Stock | | ** | | 932 |
|
| | | | Frank's International Nv | | Common Stock | | ** | | 472 |
|
| | | | GCP Applied Technologies | | Common Stock | | ** | | 388 |
|
| | | | Gentherm Inc. | | Common Stock | | ** | | 2,066 |
|
| | | | Gibraltar Industries Inc. | | Common Stock | | ** | | 1,990 |
|
| | | | Global Blood Therapeutics Inc. | | Common Stock | | ** | | 511 |
|
| | | | GMS Inc. | | Common Stock | | ** | | 1,751 |
|
| | | | Graco Inc. | | Common Stock | | ** | | 1,651 |
|
| | | | Grubhub Inc. | | Common Stock | | ** | | 2,428 |
|
| | | | GTT Communications Inc. | | Common Stock | | ** | | 693 |
|
| | | | Guaranty Bancorp | | Common Stock | | ** | | 954 |
|
| | | | Guidewire Software Inc. | | Common Stock | | ** | | 3,378 |
|
| | | | Halyard Health Inc. | | Common Stock | | ** | | 1,290 |
|
| | | | Hannon Armstrong Sustainable | | Common Stock | | ** | | 770 |
|
| | | | Hanover Insurance Group Inc. | | Common Stock | | ** | | 2,458 |
|
| | | | Haynes International Inc. | | Common Stock | | ** | | 1,113 |
|
| | | | Healthcare Services Group | | Common Stock | | ** | | 689 |
|
| | | | Heritage Commerce Corp | | Common Stock | | ** | | 938 |
|
| | | | Heritage Financial Corp | | Common Stock | | ** | | 962 |
|
| | | | Heritage-Crystal Clean Inc. | | Common Stock | | ** | | 341 |
|
| | | | HMS Holdings Corp | | Common Stock | | ** | | 1,578 |
|
| | | | Home Bancshares Inc. | | Common Stock | | ** | | 1,774 |
|
| | | | Hope Bancorp Inc. | | Common Stock | | ** | | 1,045 |
|
| | | | Independent Bank Group Inc. | | Common Stock | | ** | | 404 |
|
| | | | Infinity Property & Casualty | | Common Stock | | ** | | 2,020 |
|
| | | | Inphi Corp | | Common Stock | | ** | | 478 |
|
| | | | Insmed Inc. | | Common Stock | | ** | | 1,960 |
|
| | | | Integrated Device Tech Inc. | | Common Stock | | ** | | 685 |
|
| | | | Investors Bancorp Inc. | | Common Stock | | ** | | 1,386 |
|
| | | | Ironwood Pharmaceuticals Inc. | | Common Stock | | ** | | 1,624 |
|
| | | | Jack In The Box Inc. | | Common Stock | | ** | | 1,478 |
|
| | | | Jagged Peak Energy Inc. | | Common Stock | | ** | | 836 |
|
| | | | John Bean Technologies Corp | | Common Stock | | ** | | 4,674 |
|
| | | | K2M Group Holdings Inc. | | Common Stock | | ** | | 2,169 |
|
| | | | Kmg Chemicals Inc. | | Common Stock | | ** | | 929 |
|
| | | | Knight-Swift Transportation | | Common Stock | | ** | | 794 |
|
| | | | Kosmos Energy Ltd | | Common Stock | | ** | | 219 |
|
COSTCO 401(k) RETIREMENT PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) (Continued)
December 31, 2017
(in thousands)
|
| | | | | | | | | | | | | |
(a) (b) Identity of issuer, borrower, lessor, or similar party | | (c) Description of investment | | (d) Cost | | (e) Current value |
| | | | Lancaster Colony Corp | | Common Stock | | ** | | 541 |
|
| | | | Landstar System Inc. | | Common Stock | | ** | | 1,464 |
|
| | | | Lattice Semiconductor Corp | | Common Stock | | ** | | 772 |
|
| | | | Lennox International Inc. | | Common Stock | | ** | | 1,911 |
|
| | | | Lifepoint Health Inc. | | Common Stock | | ** | | 874 |
|
| | | | Littelfuse Inc. | | Common Stock | | ** | | 395 |
|
| | | | Live Oak Bancshares Inc. | | Common Stock | | ** | | 995 |
|
| | | | Louisiana-Pacific Corp | | Common Stock | | ** | | 1,001 |
|
| | | | Loxo Oncology Inc. | | Common Stock | | ** | | 302 |
|
| | | | Lumber Liquidators Holdings | | Common Stock | | ** | | 395 |
|
| | | | Lumentum Holdings Inc. | | Common Stock | | ** | | 2,600 |
|
| | | | Luxfer Holdings Plc | | Common Stock | | ** | | 753 |
|
| | | | Macom Technology Solutions | | Common Stock | | ** | | 562 |
|
| | | | Martin Marietta Materials | | Common Stock | | ** | | 517 |
|
| | | | Matador Resources Co | | Common Stock | | ** | | 1,224 |
|
| | | | Matson Inc. | | Common Stock | | ** | | 1,515 |
|
| | | | Meridian Bancorp Inc. | | Common Stock | | ** | | 1,344 |
|
| | | | Michaels Cos Inc./The | | Common Stock | | ** | | 1,918 |
|
| | | | Microsemi Corp | | Common Stock | | ** | | 1,991 |
|
| | | | Middlesex Water Co | | Common Stock | | ** | | 27 |
|
| | | | Minerals Technologies Inc. | | Common Stock | | ** | | 1,463 |
|
| | | | MKS Instruments Inc. | | Common Stock | | ** | | 726 |
|
| | | | Molina Healthcare Inc. | | Common Stock | | ** | | 2,754 |
|
| | | | Mongodb Inc. | | Common Stock | | ** | | 353 |
|
| | | | Monro Inc. | | Common Stock | | ** | | 2,255 |
|
| | | | Moog Inc.-Class A | | Common Stock | | ** | | 1,915 |
|
| | | | MSA Safety Inc. | | Common Stock | | ** | | 1,237 |
|
| | | | Mueller Water Products Inc.-A | | Common Stock | | ** | | 1,360 |
|
| | | | Mulesoft Inc. -A | | Common Stock | | ** | | 608 |
|
| | | | Multi-Color Corp | | Common Stock | | ** | | 348 |
|
| | | | Myokardia Inc. | | Common Stock | | ** | | 340 |
|
| | | | National Commerce Corp | | Common Stock | | ** | | 251 |
|
| | | | National Instruments Corp | | Common Stock | | ** | | 2,717 |
|
| | | | National Vision Holdings Inc. | | Common Stock | | ** | | 384 |
|
| | | | NCS Multistage Holdings Inc. | | Common Stock | | ** | | 103 |
|
| | | | Nextera Energy Partners Lp | | Common Stock | | ** | | 1,049 |
|
| | | | Northern Star Resources Ltd | | Common Stock | | ** | | 621 |
|
| | | | Novanta Inc. | | Common Stock | | ** | | 3,782 |
|
| | | | Okta Inc. | | Common Stock | | ** | | 386 |
|
| | | | Ollie's Bargain Outlet Holdings | | Common Stock | | ** | | 1,785 |
|
| | | | One Gas Inc. | | Common Stock | | ** | | 4,115 |
|
| | | | Orion Engineered Carbons SA | | Common Stock | | ** | | 1,030 |
|
| | | | Osisko Gold Royalties Ltd | | Common Stock | | ** | | 998 |
|
| | | | Outfront Media Inc. | | Common Stock | | ** | | 440 |
|
| | | | Pacific Premier Bancorp Inc. | | Common Stock | | ** | | 1,237 |
|
| | | | Pacira Pharmaceuticals Inc. | | Common Stock | | ** | | 1,471 |
|
COSTCO 401(k) RETIREMENT PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) (Continued)
December 31, 2017
(in thousands)
|
| | | | | | | | | | | | | |
(a) (b) Identity of issuer, borrower, lessor, or similar party | | (c) Description of investment | | (d) Cost | | (e) Current value |
| | | | Paramount Group Inc. | | Common Stock | | ** | | 1,347 |
|
| | | | Paylocity Holding Corp | | Common Stock | | ** | | 169 |
|
| | | | Pdf Solutions Inc. | | Common Stock | | ** | | 879 |
|
| | | | Pennymac Financial Service-A | | Common Stock | | ** | | 497 |
|
| | | | Penumbra Inc. | | Common Stock | | ** | | 272 |
|
| | | | Performance Food Group Co | | Common Stock | | ** | | 1,516 |
|
| | | | PGT Innovations Inc. | | Common Stock | | ** | | 1,320 |
|
| | | | Pinnacle Financial Partners | | Common Stock | | ** | | 1,940 |
|
| | | | Pinnacle Foods Inc. | | Common Stock | | ** | | 2,676 |
|
| | | | PNM Resources Inc. | | Common Stock | | ** | | 2,736 |
|
| | | | Polyone Corporation | | Common Stock | | ** | | 1,328 |
|
| | | | Popular Inc. | | Common Stock | | ** | | 1,197 |
|
| | | | Portland General Electric Co | | Common Stock | | ** | | 450 |
|
| | | | Post Holdings Inc. | | Common Stock | | ** | | 2,071 |
|
| | | | PRA Group Inc. | | Common Stock | | ** | | 2,222 |
|
| | | | Proofpoint Inc. | | Common Stock | | ** | | 3,021 |
|
| | | | Prosperity Bancshares Inc. | | Common Stock | | ** | | 1,999 |
|
| | | | Prothena Corp Plc | | Common Stock | | ** | | 1,573 |
|
| | | | PS Business Parks Inc./Ca | | Common Stock | | ** | | 3,230 |
|
| | | | Quanex Building Products | | Common Stock | | ** | | 1,149 |
|
| | | | Quotient Technology Inc. | | Common Stock | | ** | | 564 |
|
| | | | Radian Group Inc. | | Common Stock | | ** | | 1,807 |
|
| | | | Radius Health Inc. | | Common Stock | | ** | | 1,838 |
|
| | | | Rambus Inc. | | Common Stock | | ** | | 581 |
|
| | | | RBC Bearings Inc. | | Common Stock | | ** | | 1,589 |
|
| | | | Re/Max Holdings Inc.-Cl A | | Common Stock | | ** | | 881 |
|
| | | | Red Robin Gourmet Burgers | | Common Stock | | ** | | 1,690 |
|
| | | | Regency Centers Corp | | Common Stock | | ** | | 1,185 |
|
| | | | Retail Opportunity Investment | | Common Stock | | ** | | 1,530 |
|
| | | | Rev Group Inc. | | Common Stock | | ** | | 1,031 |
|
| | | | Rh | | Common Stock | | ** | | 936 |
|
| | | | Ringcentral Inc.-Class A | | Common Stock | | ** | | 1,098 |
|
| | | | Roofoods Limited (Deliveroo) | | Common Stock | | ** | | 775 |
|
| | | | Rush Enterprises Inc.-Cl A | | Common Stock | | ** | | 1,090 |
|
| | | | Safety Insurance Group Inc. | | Common Stock | | ** | | 1,036 |
|
| | | | Sage Therapeutics Inc. | | Common Stock | | ** | | 4,688 |
|
| | | | Saia Inc. | | Common Stock | | ** | | 1,419 |
|
| | | | Santander Consumer USA Holdings | | Common Stock | | ** | | 994 |
|
| | | | Schneider National Inc.-Cl B | | Common Stock | | ** | | 1,120 |
|
| | | | Seacoast Banking Corp/Fl | | Common Stock | | ** | | 1,960 |
|
| | | | Seacor Holdings Inc. | | Common Stock | | ** | | 1,045 |
|
| | | | Seattle Genetics Inc. | | Common Stock | | ** | | 854 |
|
| | | | Selective Insurance Group | | Common Stock | | ** | | 3,273 |
|
| | | | Semtech Corp | | Common Stock | | ** | | 942 |
|
| | | | Simmons First Natl Corp-Cl A | | Common Stock | | ** | | 1,162 |
|
| | | | Simply Good Foods Co/The | | Common Stock | | ** | | 1,167 |
|
COSTCO 401(k) RETIREMENT PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) (Continued)
December 31, 2017
(in thousands)
|
| | | | | | | | | | | | | |
(a) (b) Identity of issuer, borrower, lessor, or similar party | | (c) Description of investment | | (d) Cost | | (e) Current value |
| | | | Simply Good Foods Co-Cw22 | | Common Stock | | ** | | 64 |
|
| | | | Simpson Manufacturing Co Inc. | | Common Stock | | ** | | 596 |
|
| | | | Siteone Landscape Supply Inc. | | Common Stock | | ** | | 3,367 |
|
| | | | SLM Corp | | Common Stock | | ** | | 2,670 |
|
| | | | Sonic Corp | | Common Stock | | ** | | 2,967 |
|
| | | | South Jersey Industries | | Common Stock | | ** | | 741 |
|
| | | | South State Corp | | Common Stock | | ** | | 1,149 |
|
| | | | Southwest Gas Holdings Inc. | | Common Stock | | ** | | 2,071 |
|
| | | | Spark Therapeutics Inc. | | Common Stock | | ** | | 1,246 |
|
| | | | SS&C Technologies Holdings | | Common Stock | | ** | | 4,757 |
|
| | | | State Auto Financial Corp | | Common Stock | | ** | | 959 |
|
| | | | Steris Plc | | Common Stock | | ** | | 2,155 |
|
| | | | Sterling Bancorp Inc./Mi | | Common Stock | | ** | | 386 |
|
| | | | Sun Hydraulics Corp | | Common Stock | | ** | | 419 |
|
| | | | Tableau Software Inc.-Cl A | | Common Stock | | ** | | 2,006 |
|
| | | | Team Inc. | | Common Stock | | ** | | 348 |
|
| | | | Teledyne Technologies Inc. | | Common Stock | | ** | | 4,807 |
|
| | | | Tempur Sealy International Inc. | | Common Stock | | ** | | 3,340 |
|
| | | | Tesaro Inc. | | Common Stock | | ** | | 1,052 |
|
| | | | Texas Capital Bancshares Inc. | | Common Stock | | ** | | 1,561 |
|
| | | | TherapeuticsMD Inc. | | Common Stock | | ** | | 1,123 |
|
| | | | Thermon Group Holdings Inc. | | Common Stock | | ** | | 1,195 |
|
| | | | Toro Co | | Common Stock | | ** | | 2,024 |
|
| | | | Towne Bank | | Common Stock | | ** | | 1,433 |
|
| | | | Treehouse Foods Inc. | | Common Stock | | ** | | 1,470 |
|
| | | | Tri Pointe Group Inc. | | Common Stock | | ** | | 2,465 |
|
| | | | Tristate Capital Holdings Inc. | | Common Stock | | ** | | 578 |
|
| | | | Triumph Group Inc. | | Common Stock | | ** | | 775 |
|
| | | | Tucows Inc.-Class A | | Common Stock | | ** | | 692 |
|
| | | | Tuesday Morning Corp | | Common Stock | | ** | | 415 |
|
| | | | U.S. Physical Therapy Inc. | | Common Stock | | ** | | 1,390 |
|
| | | | Ultragenyx Pharmaceutical Inc. | | Common Stock | | ** | | 56 |
|
| | | | Univest Corp Of Pennsylvania | | Common Stock | | ** | | 1,051 |
|
| | | | Validus Holdings Ltd | | Common Stock | | ** | | 1,128 |
|
| | | | Valmont Industries | | Common Stock | | ** | | 2,327 |
|
| | | | Venture Global Lng, Inc., Series C | | Common Stock | | ** | | 737 |
|
| | | | Vroom Inc. Cvt Ser Pfd | | Common Stock | | ** | | 352 |
|
| | | | Waste Connections Inc. | | Common Stock | | ** | | 2,916 |
|
| | | | Wave Life Sciences Ltd | | Common Stock | | ** | | 711 |
|
| | | | Webster Financial Corp | | Common Stock | | ** | | 1,634 |
|
| | | | Welbilt Inc. | | Common Stock | | ** | | 1,419 |
|
| | | | Wellcare Health Plans Inc. | | Common Stock | | ** | | 1,926 |
|
| | | | Western Alliance Bancorp | | Common Stock | | ** | | 2,926 |
|
| | | | Wingstop Inc. | | Common Stock | | ** | | 2,353 |
|
| | | | Wix.com Ltd | | Common Stock | | ** | | 1,537 |
|
| | | | Wright Medical Group Nv | | Common Stock | | ** | | 1,646 |
|
COSTCO 401(k) RETIREMENT PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) (Continued)
December 31, 2017
(in thousands)
|
| | | | | | | | | | | | | |
(a) (b) Identity of issuer, borrower, lessor, or similar party | | (c) Description of investment | | (d) Cost | | (e) Current value |
| | | | WSFS Financial Corp | | Common Stock | | ** | | 831 |
|
| | | | Xencor Inc. | | Common Stock | | ** | | 669 |
|
| | | | Zendesk Inc. | | Common Stock | | ** | | 500 |
|
| | | | Zillow Group Inc. - A | | Common Stock | | ** | | 114 |
|
| | | | Zillow Group Inc. - C | | Common Stock | | ** | | 196 |
|
| | | | Zumiez Inc. | | Common Stock | | ** | | 725 |
|
| | | | Zynga Inc. - Cl A | | Common Stock | | ** | | 1,556 |
|
| | | | US Govt STIF 5 Bps | | Money Market Securities | | ** | | 2,218 |
|
| | | | * T. Rowe Price Tre Res Fund | | Mutual Funds | | ** | | 2,661 |
|
| | | International Equity Portfolio: | | | | | | | | |
| | | | Federated Gov Obli Fund | | Money Market Securities | | ** | | 7,154 |
|
| | | | AAC Technologies H-Unsponsored | | Common Stock | | ** | | 2,117 |
|
| | | | ABB Ltd-Sponsored Adr | | Common Stock | | ** | | 2,656 |
|
| | | | Adecco Group Ag-Reg-Unsponsored | | Common Stock | | ** | | 2,809 |
|
| | | | Aflac Inc. | | Common Stock | | ** | | 2,627 |
|
| | | | Air Liquide-Unsponsored Adr | | Common Stock | | ** | | 2,393 |
|
| | | | Allianz Se-Sponsored Adr | | Common Stock | | ** | | 2,812 |
|
| | | | Astellas Pharma Inc.-Unsponsored | | Common Stock | | ** | | 2,684 |
|
| | | | Axa -Sponsored Adr | | Common Stock | | ** | | 2,809 |
|
| | | | Banco Bilbao Vizcaya-Sp A | | Common Stock | | ** | | 2,321 |
|
| | | | Bancolombia S.A.-Sponsored Adr | | Common Stock | | ** | | 3,014 |
|
| | | | BASF Se-Sponsored Adr | | Common Stock | | ** | | 2,773 |
|
| | | | BHP Billiton Ltd-Sponsored Adr | | Common Stock | | ** | | 2,460 |
|
| | | | BNP Paribas-Adr | | Common Stock | | ** | | 2,481 |
|
| | | | British American Tobacco Plc Adr | | Common Stock | | ** | | 2,490 |
|
| | | | Coca-Cola Hbc Ag-Unsponsored Adr | | Common Stock | | ** | | 2,243 |
|
| | | | Compass Group Plc-Sponsored Adr | | Common Stock | | ** | | 2,319 |
|
| | | | Continental Ag-Sponsored Adr | | Common Stock | | ** | | 3,108 |
|
| | | | Credicorp Ltd | | Common Stock | | ** | | 2,770 |
|
| | | | CSL Ltd-Sponsored Adr | | Common Stock | | ** | | 2,366 |
|
| | | | Dassault Systemes S-Sponsored Adr | | Common Stock | | ** | | 1,457 |
|
| | | | Diageo Plc-Sponsored Adr | | Common Stock | | ** | | 2,436 |
|
| | | | DNB Asa-Sponsored Adr | | Common Stock | | ** | | 2,256 |
|
| | | | Enbridge Inc. | | Common Stock | | ** | | 1,797 |
|
| | | | Essity Ab - Sponsored Adr | | Common Stock | | ** | | 1,910 |
|
| | | | Fanuc Corp-Unsponsored Adr | | Common Stock | | ** | | 1,882 |
|
| | | | Fresenius Se & Co-Sponsored Adr | | Common Stock | | ** | | 1,949 |
|
| | | | Givaudan-Unsponsored Adr | | Common Stock | | ** | | 2,356 |
|
| | | | Grupo Fin Banorte-Sponsored Adr | | Common Stock | | ** | | 2,719 |
|
| | | | Henkel Kgaa-Sponsored Adr Pfd | | Common Stock | | ** | | 2,160 |
|
| | | | Imperial Oil Ltd | | Common Stock | | ** | | 2,112 |
|
| | | | JGC Corp-Unsponsored Adr | | Common Stock | | ** | | 2,524 |
|
| | | | Komatsu Ltd -Sponsored Adr | | Common Stock | | ** | | 2,270 |
|
| | | | Kubota Corp-Sponsored Adr | | Common Stock | | ** | | 2,594 |
|
| | | | L'Oreal-Unsponsored Adr | | Common Stock | | ** | | 2,028 |
|
| | | | Macquarie Group Ltd-Adr | | Common Stock | | ** | | 2,480 |
|
COSTCO 401(k) RETIREMENT PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) (Continued)
December 31, 2017
(in thousands)
|
| | | | | | | | | | | | | |
(a) (b) Identity of issuer, borrower, lessor, or similar party | | (c) Description of investment | | (d) Cost | | (e) Current value |
| | | | Mettler-Toledo International | | Common Stock | | ** | | 2,303 |
|
| | | | MTN Group Ltd-Sponsored Adr | | Common Stock | | ** | | 1,726 |
|
| | | | Muenchener Rueck-Unsponsored Adr | | Common Stock | | ** | | 2,457 |
|
| | | | Nestle Sa-Sponsored Adr | | Common Stock | | ** | | 2,023 |
|
| | | | Nitto Denko Corp-Unsponsored Adr | | Common Stock | | ** | | 2,122 |
|
| | | | Novartis Ag-Sponsored Adr | | Common Stock | | ** | | 1,736 |
|
| | | | Novo-Nordisk A/S-Sponsored Adr | | Common Stock | | ** | | 2,555 |
|
| | | | NXP Semiconductors Nv | | Common Stock | | ** | | 750 |
|
| | | | Orix - Sponsored Adr | | Common Stock | | ** | | 2,849 |
|
| | | | Pandora A/S-Sponsored Adr | | Common Stock | | ** | | 2,467 |
|
| | | | Prudential Plc-Adr | | Common Stock | | ** | | 2,953 |
|
| | | | Reckitt Benckiser-Sponsored Adr | | Common Stock | | ** | | 2,379 |
|
| | | | Roche Holdings Ltd-Sponsored Adr | | Common Stock | | ** | | 2,366 |
|
| | | | Royal Dutch Shell-Sponsored Adr-B | | Common Stock | | ** | | 2,517 |
|
| | | | Ryanair Holdings Plc-Sponsored Adr | | Common Stock | | ** | | 2,323 |
|
| | | | Sandvik Ab-Sponsored Adr | | Common Stock | | ** | | 2,466 |
|
| | | | Sap Se-Sponsored Adr | | Common Stock | | ** | | 1,983 |
|
| | | | Siemens Ag-Sponsored Adr | | Common Stock | | ** | | 2,690 |
|
| | | | Singapore Telecommunication-Adr | | Common Stock | | ** | | 2,343 |
|
| | | | Skf Ab-Sponsored Adr | | Common Stock | | ** | | 2,946 |
|
| | | | Subaru Corp-Unsponsored Adr | | Common Stock | | ** | | 2,798 |
|
| | | | Sysmex Corp-Unsponsored Adr | | Common Stock | | ** | | 2,162 |
|
| | | | Taiwan Semiconductor-Sponsored Adr | | Common Stock | | ** | | 2,635 |
|
| | | | Tokyo Electron Ltd-Unsponsored Adr | | Common Stock | | ** | | 2,584 |
|
| | | | Total Sa-Sponsored Adr | | Common Stock | | ** | | 2,572 |
|
| | | | Volkswagen Ag-Sponsored Adr | | Common Stock | | ** | | 3,442 |
|
| | | | Walmart De Mexico-Sponsored Adr | | Common Stock | | ** | | 2,182 |
|
| | | | Woodside Petroleum-Sponsored Adr | | Common Stock | | ** | | 2,196 |
|
| | | | WPP PLC-Sponsored Adr | | Common Stock | | ** | | 2,142 |
|
| | | Large Cap Growth Portfolio: | | | | | |
| | | | Activision Blizzard Inc. | | Common Stock | | ** | | 14,156 |
|
| | | | Acuity Brands Inc. | | Common Stock | | ** | | 5,825 |
|
| | | | Adobe Systems Inc. | | Common Stock | | ** | | 11,181 |
|
| | | | Alexion Pharmaceuticals Inc. | | Common Stock | | ** | | 12,814 |
|
| | | | Alibaba Group Holding-Sp | | Common Stock | | ** | | 14,273 |
|
| | | | Amazon.com Inc. | | Common Stock | | ** | | 17,865 |
|
| | | | Applied Materials Inc. | | Common Stock | | ** | | 12,325 |
|
| | | | Bristol-Myers Squibb Co | | Common Stock | | ** | | 12,510 |
|
| | | | Celgene Corp | | Common Stock | | ** | | 11,233 |
|
| | | | Cognex Corp | | Common Stock | | ** | | 7,382 |
|
| | | | Domino's Pizza Inc. | | Common Stock | | ** | | 8,309 |
|
| | | | Edwards Lifesciences Corp | | Common Stock | | ** | | 10,323 |
|
| | | | Facebook Inc.-A | | Common Stock | | ** | | 14,952 |
|
| | | | First Republic Bank/Ca | | Common Stock | | ** | | 8,901 |
|
| | | | Illumina Inc. | | Common Stock | | ** | | 13,292 |
|
| | | | Intercontinental Exchange Inc. | | Common Stock | | ** | | 7,653 |
|
COSTCO 401(k) RETIREMENT PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) (Continued)
December 31, 2017
(in thousands)
|
| | | | | | | | | | | | | |
(a) (b) Identity of issuer, borrower, lessor, or similar party | | (c) Description of investment | | (d) Cost | | (e) Current value |
| | | | Mercadolibre Inc. | | Common Stock | | ** | | 7,899 |
|
| | | | Monster Beverage Corp | | Common Stock | | ** | | 11,075 |
|
| | | | New Oriental Education-Sponsored | | Common Stock | | ** | | 10,096 |
|
| | | | Nike Inc. -Cl B | | Common Stock | | ** | | 14,545 |
|
| | | | Nvidia Corp | | Common Stock | | ** | | 14,223 |
|
| | | | Paypal Holdings Inc. | | Common Stock | | ** | | 10,162 |
|
| | | | Pioneer Natural Resources Co | | Common Stock | | ** | | 10,844 |
|
| | | | Priceline Group Inc./The | | Common Stock | | ** | | 18,113 |
|
| | | | Salesforce.Com Inc. | | Common Stock | | ** | | 12,742 |
|
| | | | Schwab (Charles) Corp | | Common Stock | | ** | | 12,371 |
|
| | | | Servicenow Inc. | | Common Stock | | ** | | 11,758 |
|
| | | | Shire Plc-Adr | | Common Stock | | ** | | 7,218 |
|
| | | | Splunk Inc. | | Common Stock | | ** | | 12,243 |
|
| | | | Starbucks Corp | | Common Stock | | ** | | 11,876 |
|
| | | | TJX Companies Inc. | | Common Stock | | ** | | 9,023 |
|
| | | | Ulta Beauty Inc. | | Common Stock | | ** | | 11,390 |
|
| | | | Unitedhealth Group Inc. | | Common Stock | | ** | | 8,573 |
|
| | | | Vertex Pharmaceuticals Inc. | | Common Stock | | ** | | 13,970 |
|
| | | | Visa Inc.-Class A Shares | | Common Stock | | ** | | 13,097 |
|
| | | | Dreyfus Treasury & Agency | | Money Market Security | | ** | | 10,703 |
|
| | | Total separately managed accounts | | | | 2,197,607 |
|
| Fully Benefit-Responsive Contracts: | | | | | | | | |
| | | Capital Preservation Portfolio: | | | | | | | | |
| | | | * T. Rowe Price Reserve Inv Fund | | Mutual and Trust Fund | | ** | | 78,920 |
|
| | | | * T. Rowe Price Short Term Common: | | | | | | |
| | | | American General Life | | Mutual and Trust Fund | | ** | | 54,022 |
|
| | | | Mass Mutual SIC | | Mutual and Trust Fund | | ** | | 24,013 |
|
| | | | Prudential Building Block Trust | | Mutual and Trust Fund | | ** | | 66,194 |
|
| | | | State Street Building Block Trust | | Mutual and Trust Fund | | ** | | 67,038 |
|
| | | | Pacific Life Building Block Trust | | Mutual and Trust Fund | | ** | | 64,920 |
|
| | | | RBC Building Block Trust | | Mutual and Trust Fund | | ** | | 61,925 |
|
| | | | NY Life Bldg Block Trust | | Mutual and Trust Fund | | ** | | 41,158 |
|
| | | | Transamerica Building Block Trust | | Mutual and Trust Fund | | ** | | 57,466 |
|
| | | | * T. Rowe Price Int Term Common: | | | | | | |
| | | | Mass Mutual SIC | | Mutual and Trust Fund | | ** | | 20,614 |
|
| | | | Prudential Building Block Trust | | Mutual and Trust Fund | | ** | | 56,824 |
|
| | | | State Street Building Block Trust | | Mutual and Trust Fund | | ** | | 57,549 |
|
| | | | Pacific Life Building Block Trust | | Mutual and Trust Fund | | ** | | 55,730 |
|
| | | | American General Life | | Mutual and Trust Fund | | ** | | 46,374 |
|
| | | | RBC Building Block Trust | | Mutual and Trust Fund | | ** | | 53,159 |
|
| | | | NY Life Bldg Block Trust | | Mutual and Trust Fund | | ** | | 35,332 |
|
| | | | Transamerica Building Block Trust | | Mutual and Trust Fund | | ** | | 49,331 |
|
| | | | * T. Rowe Price Managed Bond: | | | | | | |
| | | | Mass Mutual SIC | | Mutual and Trust Fund | | ** | | 5,788 |
|
| | | | Prudential Building Block Trust | | Mutual and Trust Fund | | ** | | 15,956 |
|
| | | | State Street Building Block Trust | | Mutual and Trust Fund | | ** | | 16,159 |
|
COSTCO 401(k) RETIREMENT PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) (Continued)
December 31, 2017
(in thousands)
|
| | | | | | | | | | | | | |
(a) (b) Identity of issuer, borrower, lessor, or similar party | | (c) Description of investment | | (d) Cost | | (e) Current value |
| | | | Pacific Life Building Block Trust | | Mutual and Trust Fund | | ** | | 15,649 |
|
| | | | American General Life | | Mutual and Trust Fund | | ** | | 13,022 |
|
| | | | RBC Building Block Trust | | Mutual and Trust Fund | | ** | | 14,927 |
|
| | | | NY Life Bldg Block Trust | | Mutual and Trust Fund | | ** | | 9,921 |
|
| | | | Transamerica Building Block Trust | | Mutual and Trust Fund | | ** | | 13,852 |
|
| | | | Metropolitan Life | | Separate Account Contracts | | ** | | 184,790 |
|
| | | | Uninvested Cash | | Cash | | ** | | 456 |
|
| | | Total Fully Benefit-Responsive Contracts | | | | 1,181,089 |
|
| | * Costco Wholesale Corporation | | Common stock | | ** | | 5,507,519 |
|
| Total investments | | | | 13,999,215 |
|
| | | | | | | | | |
| * Participant loans | | Interest rates of 4.25% to 11.50% maturing through December 2032 | | — | | 484,852 |
|
| Total | | | | $ | 14,484,067 |
|
_________________________
* Indicates a party-in-interest
** Information is not required as investments are participant directed
See accompanying report of independent registered public accounting firm.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
|
| | | |
| | | | COSTCO 401(k) RETIREMENT PLAN |
| | | | |
| June 22, 2018 | | By | /s/ PATRICK J. CALLANS |
| Date | | | Patrick Callans Senior Vice President Costco Wholesale Corporation |
