ý | ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
¨ | TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
One Amgen Center Drive, | 91320-1799 | |
Thousand Oaks, California | (Zip Code) | |
(Address of principal executive offices) |
Audited Financial Statements: | |
Supplemental Schedule: | |
December 31, | ||||||||
2017 | 2016 | |||||||
Assets | ||||||||
Investments at fair value | $ | 441,446,107 | $ | 356,840,368 | ||||
Notes receivable from participants | 15,675,786 | 15,370,923 | ||||||
Other – principally due from broker | 1,530,307 | 1,083,321 | ||||||
Total assets | 458,652,200 | 373,294,612 | ||||||
Liabilities | ||||||||
Other – principally due to broker | 278,567 | 232,476 | ||||||
Total liabilities | 278,567 | 232,476 | ||||||
Net assets available for benefits | $ | 458,373,633 | $ | 373,062,136 |
Years Ended December 31, | ||||||||
2017 | 2016 | |||||||
Additions to (deductions from) net assets: | ||||||||
Employer contributions | $ | 14,909,331 | $ | 14,309,107 | ||||
Participant contributions | 13,505,368 | 12,882,679 | ||||||
Rollover contributions | 887,746 | 657,271 | ||||||
Interest and dividend income | 4,261,615 | 4,045,139 | ||||||
Net realized/unrealized gains | 60,953,540 | 14,163,614 | ||||||
Interest income on notes receivable from participants | 671,549 | 621,317 | ||||||
Benefits paid | (9,297,793 | ) | (10,928,488 | ) | ||||
Investment and administrative fees | (579,859 | ) | (486,082 | ) | ||||
Net increase | 85,311,497 | 35,264,557 | ||||||
Net assets available for benefits at beginning of year | 373,062,136 | 337,797,579 | ||||||
Net assets available for benefits at end of year | $ | 458,373,633 | $ | 373,062,136 |
Fair value measurements at December 31, 2017, using | ||||||||||||||||
Quoted prices in active markets for identical assets (Level 1) | Significant other observable inputs (Level 2) | Significant unobservable inputs (Level 3) | Total | |||||||||||||
Amgen stock | $ | 82,461,642 | $ | — | $ | — | $ | 82,461,642 | ||||||||
Cash and cash equivalents | 320 | — | — | 320 | ||||||||||||
Common and preferred stocks | 81,566,175 | 79,015 | — | 81,645,190 | ||||||||||||
Mutual funds | 39,694,134 | — | — | 39,694,134 | ||||||||||||
Self-directed brokerage accounts | 2,416,707 | — | — | 2,416,707 | ||||||||||||
Other | 6,560 | — | — | 6,560 | ||||||||||||
$ | 206,145,538 | $ | 79,015 | $ | — | $ | 206,224,553 | |||||||||
Collective trust funds measured at net asset value | 235,221,554 | |||||||||||||||
Total investments measured at fair value | $ | 441,446,107 |
Fair value measurements at December 31, 2016, using | ||||||||||||||||
Quoted prices in active markets for identical assets (Level 1) | Significant other observable inputs (Level 2) | Significant unobservable inputs (Level 3) | Total | |||||||||||||
Amgen stock | $ | 68,813,568 | $ | — | $ | — | $ | 68,813,568 | ||||||||
Cash and cash equivalents | 821 | — | — | 821 | ||||||||||||
Common and preferred stocks | 68,352,683 | 563,592 | — | 68,916,275 | ||||||||||||
Mutual funds | 30,275,433 | — | — | 30,275,433 | ||||||||||||
Self-directed brokerage accounts | 1,263,948 | — | — | 1,263,948 | ||||||||||||
$ | 168,706,453 | $ | 563,592 | $ | — | $ | 169,270,045 | |||||||||
Collective trust funds measured at net asset value | 187,570,323 | |||||||||||||||
Total investments measured at fair value | $ | 356,840,368 |
December 31, | ||||||||
2017 | 2016 | |||||||
Net assets available for benefits per the financial statements | $ | 458,373,633 | $ | 373,062,136 | ||||
Deemed loans | (421,752 | ) | (332,044 | ) | ||||
Net assets per the Form 5500 | $ | 457,951,881 | $ | 372,730,092 |
Year Ended December 31, 2017 | ||||
Benefits paid | $ | (9,297,793 | ) | |
Investment and administrative fees | (579,859 | ) | ||
Total distributions per the financial statements | (9,877,652 | ) | ||
Add prior year deemed loan balance | 332,044 | |||
Less current year deemed loan balance | (421,752 | ) | ||
Total distributions per the Form 5500 | $ | (9,967,360 | ) |
Identity of Issue | Description of Investment | Current Value | ||||||||
Amgen stock | Employer Securities 474,190 shares | $ | 82,461,642 | |||||||
$ | 82,461,642 | |||||||||
Capital Preservation Asset Class: | ||||||||||
Wells Fargo Stable Value Fund W* | Collective trust fund 534,532 units | 29,165,484 | ||||||||
NT Collective Short Term Investment Fund* | Collective trust fund 2,062,324 units | 2,062,324 | ||||||||
Total Capital Preservation Asset Class | 31,227,808 | |||||||||
Emerging Markets Equity Asset Class: | ||||||||||
J.P. Morgan Emerging Markets Equity Focus Fund* | Collective trust fund 213,189 units | 5,078,154 | ||||||||
Blackrock FTSE RAFI Emerging Index Non Lendable Fund F* | Collective trust fund 385,430 units | 5,046,167 | ||||||||
NT Collective Emerging Markets Fund - Non Lending* | Collective trust fund 3,739 units | 721,892 | ||||||||
Total Emerging Markets Equity Asset Class | 10,846,213 | |||||||||
Fixed Income Asset Class: | ||||||||||
J.P. Morgan Core Bond Fund* | Collective trust fund 533,199 units | 9,928,158 | ||||||||
Metropolitan West Funds Floating Rate Income Fund Class I | Mutual Fund 983,825 shares | 9,867,765 | ||||||||
Blackrock High Yield Bond Fund Class A | Mutual Fund 582,216 shares | 4,541,282 | ||||||||
NT Collective Aggregate Bond Index Fund - Non Lending* | Collective trust fund 17,575 units | 2,468,255 | ||||||||
Total Fixed Income Asset Class | 26,805,460 | |||||||||
Fixed Income Index Asset Class: | ||||||||||
NT Collective Aggregate Bond Index Fund - Non Lending* | Collective trust fund 74,152 units | 10,413,948 | ||||||||
NT Collective Short Term Investment Fund* | Collective trust fund 596 units | 596 | ||||||||
Total Fixed Income Index Asset Class | 10,414,544 | |||||||||
High Yield Asset Class: | ||||||||||
Mackay Shields High Yield Bond Fund* | Collective trust fund 435,051 units | 4,559,331 | ||||||||
Total High Yield Asset Class | 4,559,331 | |||||||||
Inflation Protection Asset Class: | ||||||||||
NT Collective Treasury Inflation-Protected Securities Index Fund - Non Lending* | Collective trust fund 31,367 units | 4,440,296 | ||||||||
Total Inflation Protection Asset Class | 4,440,296 | |||||||||
International Growth Asset Class: | ||||||||||
MFS Institutional International Equity Fund | Mutual Fund 203,590 shares | 5,183,397 | ||||||||
Artisan International Fund* | Collective trust fund 217,693 units | 5,181,104 | ||||||||
NT Collective EAFE Index Fund - Non Lending* | Collective trust fund 1,471 units | 478,552 | ||||||||
Cash | Cash 82 units | 82 | ||||||||
Total International Growth Asset Class | 10,843,135 | |||||||||
International Index Asset Class: |
Identity of Issue | Description of Investment | Current Value | ||||||||
NT Collective All Country World Index (ACWI) Ex/US Fund - Non Lending* | Collective trust fund 87,537 units | 13,908,781 | ||||||||
Total International Index Asset Class | 13,908,781 | |||||||||
International Value Asset Class: | ||||||||||
Dodge & Cox International Fund | Mutual Fund 176,780 shares | 8,188,431 | ||||||||
Altrinsic International Equity Fund Class C* | Collective trust fund 690,124 units | 8,164,783 | ||||||||
NT Collective EAFE Index Fund - Non Lending* | Collective trust fund 2,693 units | 876,190 | ||||||||
Total International Value Asset Class | 17,229,404 | |||||||||
Large Cap Growth Asset Class: | ||||||||||
NT Collective Russell 1000 Growth Index Fund - Non Lending* | Collective trust fund 7,235 units | 2,981,555 | ||||||||
Amazon.com, Inc. | Common and preferred stock 1,683 shares | 1,968,219 | ||||||||
Visa Inc. Class A | Common and preferred stock 16,658 shares | 1,899,345 | ||||||||
Facebook, Inc. | Common and preferred stock 8,194 shares | 1,445,913 | ||||||||
salesforce.com, inc. | Common and preferred stock 9,825 shares | 1,004,410 | ||||||||
Alphabet Inc. Class A | Common and preferred stock 933 shares | 982,822 | ||||||||
Netflix, Inc. | Common and preferred stock 4,919 shares | 944,251 | ||||||||
The Priceline Group Inc. | Common and preferred stock 481 shares | 835,853 | ||||||||
NT Collective Short Term Investment Fund* | Collective trust fund 818,421 units | 818,421 | ||||||||
Alibaba Group Holding Limited | Common and preferred stock 4,450 shares | 767,314 | ||||||||
Regeneron Pharmaceuticals, Inc. | Common and preferred stock 1,927 shares | 724,475 | ||||||||
FleetCor Technologies, Inc. | Common and preferred stock 3,744 shares | 720,458 | ||||||||
The Charles Schwab Corporation | Common and preferred stock 13,290 shares | 682,707 | ||||||||
ServiceNow, Inc. | Common and preferred stock 4,920 shares | 641,519 | ||||||||
Starbucks Corporation | Common and preferred stock 9,954 shares | 571,658 | ||||||||
Apple Inc. | Common and preferred stock 3,233 shares | 547,121 | ||||||||
Red Hat, Inc. | Common and preferred stock 4,233 shares | 508,383 | ||||||||
Alexion Pharmaceuticals, Inc. | Common and preferred stock 3,945 shares | 471,783 | ||||||||
Ecolab Inc. | Common and preferred stock 3,310 shares | 444,136 | ||||||||
Activision Blizzard Inc. | Common and preferred stock 6,915 shares | 437,858 | ||||||||
Nike, Inc. Class B | Common and preferred stock 6,989 shares | 437,162 | ||||||||
Monster Beverage Corp | Common and preferred stock 6,730 shares | 425,942 | ||||||||
UnitedHealth Group Inc. | Common and preferred stock 1,867 shares | 411,599 | ||||||||
Illumina, Inc. | Common and preferred stock 1,865 shares | 407,484 | ||||||||
Baidu, Inc. | Common and preferred stock 1,725 shares | 404,012 | ||||||||
Chipotle Mexican Grill, Inc. | Common and preferred stock 1,392 shares | 402,330 | ||||||||
Alphabet Inc. Class C | Common and preferred stock 384 shares | 401,818 | ||||||||
Novo Nordisk A/S | Common and preferred stock 7,417 shares | 398,070 | ||||||||
Adobe Systems Inc. | Common and preferred stock 2,200 shares | 385,528 | ||||||||
Caterpillar Inc. | Common and preferred stock 2,422 shares | 381,659 | ||||||||
Autodesk Inc. | Common and preferred stock 3,637 shares | 381,267 | ||||||||
Ulta Salon, Cosmetics & Fragrance, Inc. | Common and preferred stock 1,665 shares | 372,394 | ||||||||
Lowes Companies, Inc. | Common and preferred stock 3,927 shares | 364,975 | ||||||||
Equinix Inc. | Common and preferred stock 789 shares | 357,591 | ||||||||
SAP SE | Common and preferred stock 3,140 shares | 352,810 | ||||||||
Schlumberger Limited | Common and preferred stock 5,181 shares | 349,148 | ||||||||
Microsoft Corporation | Common and preferred stock 4,049 shares | 346,351 | ||||||||
J.B. Hunt Transport Services Inc. | Common and preferred stock 2,977 shares | 342,295 | ||||||||
Alliance Data Systems Corporation | Common and preferred stock 1,348 shares | 341,691 |
Identity of Issue | Description of Investment | Current Value | ||||||||
TJX Companies, Inc. | Common and preferred stock 4,419 shares | 337,877 | ||||||||
Mondelez International, Inc. | Common and preferred stock 7,848 shares | 335,894 | ||||||||
Yum! Brands Inc. | Common and preferred stock 4,060 shares | 331,337 | ||||||||
Incyte Corporation | Common and preferred stock 3,465 shares | 328,170 | ||||||||
Edwards Lifesciences Corporation | Common and preferred stock 2,485 shares | 280,084 | ||||||||
Biomarin Pharmaceutical Inc. | Common and preferred stock 3,100 shares | 276,427 | ||||||||
Cerner Corporation | Common and preferred stock 4,087 shares | 275,423 | ||||||||
Palo Alto Networks, Inc. | Common and preferred stock 1,825 shares | 264,516 | ||||||||
Applied Materials, Inc. | Common and preferred stock 5,137 shares | 262,603 | ||||||||
The Estee Lauder Companies Inc. | Common and preferred stock 2,060 shares | 262,114 | ||||||||
Automatic Data Processing, Inc. | Common and preferred stock 2,205 shares | 258,404 | ||||||||
CoStar Group Inc. | Common and preferred stock 851 shares | 252,704 | ||||||||
Core Laboratories N.V. | Common and preferred stock 2,273 shares | 249,007 | ||||||||
Mastercard Inc. Class A | Common and preferred stock 1,602 shares | 242,479 | ||||||||
Biogen Inc. | Common and preferred stock 760 shares | 242,113 | ||||||||
Intuitive Surgical, Inc. | Common and preferred stock 661 shares | 241,225 | ||||||||
Dollar Tree, Inc. | Common and preferred stock 2,230 shares | 239,301 | ||||||||
S&P Global Inc. | Common and preferred stock 1,316 shares | 222,930 | ||||||||
Walt Disney Company | Common and preferred stock 2,040 shares | 219,320 | ||||||||
Diamondback Energy Inc. | Common and preferred stock 1,732 shares | 218,665 | ||||||||
Baxter International Inc. | Common and preferred stock 3,370 shares | 217,837 | ||||||||
Wynn Resorts, Limited | Common and preferred stock 1,271 shares | 214,278 | ||||||||
Royal Caribbean Cruises Limited | Common and preferred stock 1,760 shares | 209,933 | ||||||||
Deere & Company | Common and preferred stock 1,281 shares | 200,489 | ||||||||
Splunk Inc. | Common and preferred stock 2,400 shares | 198,816 | ||||||||
Citizens Financial Group, Inc. | Common and preferred stock 4,577 shares | 192,142 | ||||||||
SBV Financial Group | Common and preferred stock 810 shares | 189,354 | ||||||||
FMC Corporation | Common and preferred stock 1,920 shares | 181,747 | ||||||||
FedEx Corporation | Common and preferred stock 725 shares | 180,917 | ||||||||
Lam Resh Corporation | Common and preferred stock 907 shares | 166,951 | ||||||||
Thermo Fisher Corporation | Common and preferred stock 877 shares | 166,525 | ||||||||
Broadcom Ltd | Common and preferred stock 648 shares | 166,471 | ||||||||
Vertex Pharmaceuticals Inc. | Common and preferred stock 1,070 shares | 160,350 | ||||||||
PVH Corp | Common and preferred stock 1,150 shares | 157,792 | ||||||||
Arista Networks Inc. | Common and preferred stock 623 shares | 146,766 | ||||||||
Rockwell Automation | Common and preferred stock 739 shares | 145,103 | ||||||||
XPO Logistics Inc. | Common and preferred stock 1,450 shares | 132,806 | ||||||||
Cummins Inc. | Common and preferred stock 730 shares | 128,947 | ||||||||
Knight-Swift Transportation Holdings Inc. | Common and preferred stock 2,940 shares | 128,537 | ||||||||
The Chemours Company | Common and preferred stock 2,440 shares | 122,146 | ||||||||
Urban Outfitters Inc. | Common and preferred stock 3,430 shares | 120,256 | ||||||||
Take Two Interactive Software Inc | Common and preferred stock 1,039 shares | 114,061 | ||||||||
Stanley Black & Decker Inc. | Common and preferred stock 670 shares | 113,692 | ||||||||
Air Products and Chemicals Inc. | Common and preferred stock 690 shares | 113,215 | ||||||||
Capital One Financial Corporation | Common and preferred stock 1,130 shares | 112,525 | ||||||||
Wal-Mart Stores, Inc. | Common and preferred stock 1,130 shares | 111,588 | ||||||||
The Sherwin-Williams Company | Common and preferred stock 270 shares | 110,711 | ||||||||
Micron Technology, Inc. | Common and preferred stock 2,692 shares | 110,695 | ||||||||
Loxo Oncology Inc. | Common and preferred stock 1,277 shares | 107,498 | ||||||||
Align Technology, Inc. | Common and preferred stock 470 shares | 104,429 |
Identity of Issue | Description of Investment | Current Value | ||||||||
Universal Display Corporation | Common and preferred stock 600 shares | 103,590 | ||||||||
Square Inc. Class A | Common and preferred stock 2,920 shares | 101,236 | ||||||||
Idexx Laboratories, Inc. | Common and preferred stock 622 shares | 97,268 | ||||||||
Continental Resources Inc. | Common and preferred stock 1,640 shares | 86,871 | ||||||||
Vantiv, Inc. | Common and preferred stock 1,030 shares | 75,757 | ||||||||
Total Large Cap Growth Asset Class | 36,994,219 | |||||||||
Large Cap Index Asset Class: | ||||||||||
NT Collective S&P 500 Index Fund – Non Lending* | Collective trust fund 10,488 units | 96,030,642 | ||||||||
Total Large Cap Index Asset Class | 96,030,642 | |||||||||
Large Cap Value Asset Class: | ||||||||||
Oracle Corporation | Common and preferred stock 13,615 shares | 643,716 | ||||||||
NT Collective Russell 1000 Value Index Fund - Non Lending* | Collective trust fund 1,714 units | 618,563 | ||||||||
National Oilwell Varco, Inc. | Common and preferred stock 14,835 shares | 534,357 | ||||||||
NT Collective Short Term Investment Fund* | Collective trust fund 449,759 units | 449,759 | ||||||||
AmerisourceBergen Corp. | Common and preferred stock 4,806 shares | 441,287 | ||||||||
CVS Health Corp | Common and preferred stock 5,454 shares | 395,415 | ||||||||
McKesson Corporation | Common and preferred stock 2,144 shares | 334,357 | ||||||||
Alphabet Inc. Class C | Common and preferred stock 319 shares | 333,802 | ||||||||
Visa Inc. Class A | Common and preferred stock 2,753 shares | 313,897 | ||||||||
The Charles Schwab Corporation | Common and preferred stock 6,000 shares | 308,220 | ||||||||
Mastercard Inc. Class A | Common and preferred stock 2,029 shares | 307,109 | ||||||||
Capital One Financial Corporation | Common and preferred stock 3,000 shares | 298,740 | ||||||||
Bank of America Corporation* | Common and preferred stock 10,000 shares | 295,200 | ||||||||
Wells Fargo & Company* | Common and preferred stock 4,800 shares | 291,216 | ||||||||
State Street Corporation | Common and preferred stock 2,972 shares | 290,097 | ||||||||
Skyworks Solutions Inc | Common and preferred stock 2,811 shares | 266,904 | ||||||||
Qorvo, Inc. | Common and preferred stock 3,828 shares | 254,945 | ||||||||
Cardinal Health, Inc. | Common and preferred stock 4,055 shares | 248,450 | ||||||||
Comcast Corporation Class A | Common and preferred stock 6,200 shares | 248,310 | ||||||||
GKN PLC | Common and preferred stock 55,980 shares | 241,872 | ||||||||
Microsoft Corporation | Common and preferred stock 2,650 shares | 226,681 | ||||||||
European Aeronautic Defense and Space Company | Common and preferred stock 2,227 shares | 221,497 | ||||||||
Swiss Re AG | Common and preferred stock 2,353 shares | 220,330 | ||||||||
Charter Communications, Inc. Class A | Common and preferred stock 647 shares | 217,366 | ||||||||
Alphabet Inc. Class C | Common and preferred stock 200 shares | 209,280 | ||||||||
J.P. Morgan Chase & Company* | Common and preferred stock 1,900 shares | 203,186 | ||||||||
Novartis AG | Common and preferred stock 2,400 shares | 201,504 | ||||||||
Autozone Inc. | Common and preferred stock 283 shares | 201,318 | ||||||||
Axis Capital Holdings Limited | Common and preferred stock 3,923 shares | 197,170 | ||||||||
Bank of New York Mellon Corporation | Common and preferred stock 3,640 shares | 196,050 | ||||||||
Anthem Inc. | Common and preferred stock 865 shares | 194,634 | ||||||||
Sanofi-Aventis | Common and preferred stock 4,500 shares | 193,500 | ||||||||
The Goldman Sachs Group Inc. | Common and preferred stock 750 shares | 191,070 | ||||||||
American Express Company | Common and preferred stock 1,850 shares | 183,724 | ||||||||
Express Scripts Holding Company | Common and preferred stock 2,400 shares | 179,136 | ||||||||
Everest Re Group Ltd | Common and preferred stock 806 shares | 178,336 | ||||||||
FedEx Corporation | Common and preferred stock 700 shares | 174,678 | ||||||||
Bank of New York Mellon Corporation | Common and preferred stock 3,000 shares | 161,580 |
Identity of Issue | Description of Investment | Current Value | ||||||||
Anadarko Petroleum Corporation | Common and preferred stock 3,000 shares | 160,920 | ||||||||
Cisco Systems, Inc. | Common and preferred stock 4,200 shares | 160,860 | ||||||||
Twenty-First Century Fox, Inc. Class A | Common and preferred stock 4,500 shares | 155,385 | ||||||||
Cigna Corporation | Common and preferred stock 700 shares | 142,163 | ||||||||
Hewlett Packard Enterprise Company | Common and preferred stock 9,750 shares | 140,010 | ||||||||
MetLife, Inc.* | Common and preferred stock 2,750 shares | 139,040 | ||||||||
AstraZeneca PLC | Common and preferred stock 4,000 shares | 138,800 | ||||||||
O'Reilly Automotive Inc. | Common and preferred stock 572 shares | 137,589 | ||||||||
Time Warner Inc. | Common and preferred stock 1,500 shares | 137,205 | ||||||||
UnitedHealth Group Inc. | Common and preferred stock 600 shares | 132,276 | ||||||||
Schlumberger Limited | Common and preferred stock 1,950 shares | 131,411 | ||||||||
Moody's Corporation | Common and preferred stock 876 shares | 129,306 | ||||||||
Union Pacific Corporation | Common and preferred stock 950 shares | 127,395 | ||||||||
Johnson Controls International PLC | Common and preferred stock 3,293 shares | 125,496 | ||||||||
GlaxoSmithKline PLC | Common and preferred stock 3,400 shares | 120,598 | ||||||||
Parker-Hannifin Corporation | Common and preferred stock 602 shares | 120,147 | ||||||||
Hilton Worldwide Holdings Inc. | Common and preferred stock 1,494 shares | 119,311 | ||||||||
Eli Lilly and Company | Common and preferred stock 1,400 shares | 118,244 | ||||||||
Northern Trust Corporation* | Common and preferred stock 1,174 shares | 117,271 | ||||||||
Bristol-Myers Squibb Company | Common and preferred stock 1,900 shares | 116,432 | ||||||||
Booking Holdings Inc. | Common and preferred stock 67 shares | 116,429 | ||||||||
CBRE Group Inc. Class A | Common and preferred stock 2,672 shares | 115,724 | ||||||||
S&P Global Inc. | Common and preferred stock 682 shares | 115,531 | ||||||||
Aetna Inc. | Common and preferred stock 619 shares | 111,661 | ||||||||
HP Inc. | Common and preferred stock 5,250 shares | 110,303 | ||||||||
TE Connectivity Limited | Common and preferred stock 1,100 shares | 104,544 | ||||||||
SS&C Technologies Holdings Inc. | Common and preferred stock 2,377 shares | 96,221 | ||||||||
Medtronic PLC | Common and preferred stock 1,190 shares | 96,093 | ||||||||
Roche Holdings Ltd. | Common and preferred stock 3,000 shares | 94,740 | ||||||||
InterContinental Hotels Group PLC | Common and preferred stock 1,481 shares | 94,058 | ||||||||
The Priceline Group Inc. | Common and preferred stock 50 shares | 86,887 | ||||||||
Apache Corporation | Common and preferred stock 2,000 shares | 84,440 | ||||||||
Celanese Corporation | Common and preferred stock 750 shares | 80,310 | ||||||||
Baker Hughes | Common and preferred stock 2,500 shares | 79,100 | ||||||||
Swiss Re AG | Common and preferred stock 851 shares | 79,015 | ||||||||
Gilead Sciences Inc. | Common and preferred stock 1,100 shares | 78,804 | ||||||||
WPP PLC | Common and preferred stock 4,320 shares | 78,366 | ||||||||
Target Corporation | Common and preferred stock 1,200 shares | 78,300 | ||||||||
Dell Technologies Inc. Class V | Common and preferred stock 912 shares | 74,127 | ||||||||
Occidental Petroleum Corporation | Common and preferred stock 1,000 shares | 73,660 | ||||||||
National Oilwell Varco, Inc. | Common and preferred stock 2,000 shares | 72,040 | ||||||||
BB&T Corporation | Common and preferred stock 1,400 shares | 69,608 | ||||||||
United Technologies Corporation | Common and preferred stock 519 shares | 66,209 | ||||||||
Maxim Integrated Products, Inc. | Common and preferred stock 1,250 shares | 65,350 | ||||||||
Sabre Corp | Common and preferred stock 3,179 shares | 65,170 | ||||||||
Alnylam Pharmaceuticals, Inc. | Common and preferred stock 500 shares | 63,525 | ||||||||
Juniper Networks, Inc. | Common and preferred stock 2,200 shares | 62,700 | ||||||||
Concho Resources Inc. | Common and preferred stock 400 shares | 60,088 | ||||||||
Zayo Group Holdings Inc. | Common and preferred stock 1,500 shares | 55,200 | ||||||||
Liberty Interactive Corporation | Common and preferred stock 2,250 shares | 54,945 |
Identity of Issue | Description of Investment | Current Value | ||||||||
Merck & Co., Inc. | Common and preferred stock 950 shares | 53,457 | ||||||||
Sprint Corporation | Common and preferred stock 9,024 shares | 53,151 | ||||||||
Dish Network Corporation Class A | Common and preferred stock 1,100 shares | 52,525 | ||||||||
Micro Focus International PLC | Common and preferred stock 1,488 shares | 49,982 | ||||||||
Alphabet Inc. Class A | Common and preferred stock 40 shares | 42,136 | ||||||||
NetApp, Inc. | Common and preferred stock 700 shares | 38,724 | ||||||||
Danaher Corporation | Common and preferred stock 400 shares | 37,128 | ||||||||
Aegon N.V.* | Common and preferred stock 5,700 shares | 35,910 | ||||||||
Corning Inc. | Common and preferred stock 1,100 shares | 35,189 | ||||||||
Synopsys, Inc. | Common and preferred stock 400 shares | 34,096 | ||||||||
Axalta Coating Systems Limited | Common and preferred stock 1,018 shares | 32,942 | ||||||||
Mattel Inc. | Common and preferred stock 2,100 shares | 32,298 | ||||||||
Harley-Davidson | Common and preferred stock 600 shares | 30,528 | ||||||||
Twenty-First Century Fox, Inc. Class B | Common and preferred stock 800 shares | 27,296 | ||||||||
News Corporation Class A | Common and preferred stock 900 shares | 14,589 | ||||||||
Brighthouse Financial Inc. | Common and preferred stock 227 shares | 13,311 | ||||||||
Weatherford International Ltd. | Common and preferred stock 2,000 shares | 8,340 | ||||||||
Total Large Cap Value Asset Class | 16,411,865 | |||||||||
Participant Self-Directed Accounts | Various Investments | 2,416,707 | ||||||||
2,416,707 | ||||||||||
Real Estate Investment Trust (REIT) Asset Class: | ||||||||||
Vanguard Specialized Portfolios REIT Index Fund Institutional Class | Mutual Fund 531,242 shares | 9,663,299 | ||||||||
NT Collective Global Real Estate Index Fund - Non Lending* | Collective trust fund 4,306 units | 871,276 | ||||||||
Total Real Estate Investment Trust (REIT) Asset Class | 10,534,575 | |||||||||
Small-Mid Cap Growth Asset Class: | ||||||||||
Wasatch Small Cap Growth Fund | Mutual Fund 51,890 shares | 2,249,961 | ||||||||
NT Collective Russell 2000 Growth Index Fund - Non Lending* | Collective trust fund 1,146 units | 392,984 | ||||||||
Universal Display Corporation | Common and preferred stock 599 shares | 103,415 | ||||||||
FMC Corporation | Common and preferred stock 736 shares | 69,670 | ||||||||
AMETEK, Inc. | Common and preferred stock 762 shares | 55,222 | ||||||||
Diamondback Energy Inc. | Common and preferred stock 426 shares | 53,783 | ||||||||
Comerica Inc. | Common and preferred stock 619 shares | 53,735 | ||||||||
Teradyne, Inc. | Common and preferred stock 1,215 shares | 50,872 | ||||||||
WABCO Holdings Inc. | Common and preferred stock 350 shares | 50,225 | ||||||||
WellCare Health Plans, Inc. | Common and preferred stock 247 shares | 49,674 | ||||||||
E*TRADE Financial Corporation | Common and preferred stock 977 shares | 48,430 | ||||||||
D R Horton Inc. | Common and preferred stock 930 shares | 47,495 | ||||||||
Zions Bancorporation | Common and preferred stock 927 shares | 47,119 | ||||||||
Norwegian Cruise Line Holdings Limited | Common and preferred stock 851 shares | 45,316 | ||||||||
G-III Apparel Group Limited | Common and preferred stock 1,159 shares | 42,756 | ||||||||
Wynn Resorts, Limited | Common and preferred stock 248 shares | 41,810 | ||||||||
Teladoc Inc. | Common and preferred stock 1,181 shares | 41,158 | ||||||||
Mimecast Limited | Common and preferred stock 1,406 shares | 40,310 | ||||||||
2U Inc. | Common and preferred stock 612 shares | 39,480 | ||||||||
Brink's Company | Common and preferred stock 495 shares | 38,957 | ||||||||
Vocera Communications Inc. | Common and preferred stock 1,249 shares | 37,745 | ||||||||
Grubhub Inc. | Common and preferred stock 510 shares | 36,618 | ||||||||
Trimble Inc. | Common and preferred stock 875 shares | 35,560 |
Identity of Issue | Description of Investment | Current Value | ||||||||
The Chemours Company | Common and preferred stock 699 shares | 34,992 | ||||||||
Melco Resorts & Entertainment Limited | Common and preferred stock 1,190 shares | 34,558 | ||||||||
Skechers U.S.A Inc. | Common and preferred stock 904 shares | 34,207 | ||||||||
Chegg Inc. | Common and preferred stock 2,079 shares | 33,929 | ||||||||
MKS Instruments, Inc. | Common and preferred stock 358 shares | 33,831 | ||||||||
IPG Photonics Corporation | Common and preferred stock 157 shares | 33,618 | ||||||||
Vail Resorts Inc. | Common and preferred stock 157 shares | 33,358 | ||||||||
RingCentral, Inc. Class A | Common and preferred stock 684 shares | 33,106 | ||||||||
East West Bancorp Inc. | Common and preferred stock 528 shares | 32,118 | ||||||||
Middleby Corporation | Common and preferred stock 226 shares | 30,499 | ||||||||
bluebird bio Inc. | Common and preferred stock 171 shares | 30,455 | ||||||||
Mohawk Industries Inc. | Common and preferred stock 110 shares | 30,349 | ||||||||
Santander Consumer USA Holdings, Inc. | Common and preferred stock 1,627 shares | 30,295 | ||||||||
Zebra Technologies Corporation | Common and preferred stock 277 shares | 28,753 | ||||||||
BorgWarner Inc. | Common and preferred stock 557 shares | 28,457 | ||||||||
Square Inc. Class A | Common and preferred stock 820 shares | 28,429 | ||||||||
Guess Inc. | Common and preferred stock 1,677 shares | 28,308 | ||||||||
Polaris Industries Inc. | Common and preferred stock 228 shares | 28,270 | ||||||||
CoStar Group Inc. | Common and preferred stock 95 shares | 28,210 | ||||||||
Aerie Pharmaceuticals Inc. | Common and preferred stock 472 shares | 28,202 | ||||||||
Radian Group Inc. | Common and preferred stock 1,360 shares | 28,030 | ||||||||
FLIR Systems Inc. | Common and preferred stock 582 shares | 27,133 | ||||||||
Yum China Holdings Inc. | Common and preferred stock 677 shares | 27,094 | ||||||||
SBV Financial Group | Common and preferred stock 115 shares | 26,884 | ||||||||
Cognex Corporation | Common and preferred stock 434 shares | 26,543 | ||||||||
U.S. Concrete, Inc. | Common and preferred stock 306 shares | 25,597 | ||||||||
IAC/InterActiveCorp | Common and preferred stock 204 shares | 24,945 | ||||||||
Steel Dynamics Inc. | Common and preferred stock 570 shares | 24,584 | ||||||||
Owens Corning | Common and preferred stock 267 shares | 24,548 | ||||||||
Terex Corporation | Common and preferred stock 509 shares | 24,544 | ||||||||
Five9 Inc. | Common and preferred stock 969 shares | 24,109 | ||||||||
TransUnion | Common and preferred stock 432 shares | 23,743 | ||||||||
ServiceNow, Inc. | Common and preferred stock 179 shares | 23,340 | ||||||||
Inter Parfums, Inc. | Common and preferred stock 518 shares | 22,507 | ||||||||
On Assignment Inc. | Common and preferred stock 327 shares | 21,016 | ||||||||
John Bean Technologies Corporation | Common and preferred stock 174 shares | 19,279 | ||||||||
Celanese Corporation | Common and preferred stock 175 shares | 18,739 | ||||||||
Darden Restaurants Inc. | Common and preferred stock 193 shares | 18,532 | ||||||||
Neurocrine Biosciences, Inc. | Common and preferred stock 237 shares | 18,389 | ||||||||
Coherent, Inc. | Common and preferred stock 65 shares | 18,344 | ||||||||
Insulet Corporation | Common and preferred stock 263 shares | 18,147 | ||||||||
Splunk Inc. | Common and preferred stock 219 shares | 18,142 | ||||||||
Nektar Therapeutics | Common and preferred stock 296 shares | 17,677 | ||||||||
Lululemon Athletica Inc. | Common and preferred stock 224 shares | 17,604 | ||||||||
First Solar Inc. | Common and preferred stock 258 shares | 17,420 | ||||||||
Kennametal Inc. | Common and preferred stock 334 shares | 16,169 | ||||||||
Cree Inc. | Common and preferred stock 380 shares | 14,113 | ||||||||
Floor & Decor Holdings Inc. | Common and preferred stock 265 shares | 12,900 | ||||||||
Take Two Interactive Software Inc | Common and preferred stock 114 shares | 12,515 | ||||||||
NT Collective Short Term Investment Fund* | Collective trust fund 12,442 units | 12,442 |
Identity of Issue | Description of Investment | Current Value | ||||||||
Olin Corporation | Common and preferred stock 346 shares | 12,311 | ||||||||
Shopify Inc. | Common and preferred stock 119 shares | 12,019 | ||||||||
Lumber Liquidators Holdings Inc. | Common and preferred stock 368 shares | 11,552 | ||||||||
Tractor Supply Company | Common and preferred stock 136 shares | 10,166 | ||||||||
Total Small-Mid Cap Growth Asset Class | 4,967,316 | |||||||||
Small-Mid Cap Index Asset Class: | ||||||||||
NT Collective Extended Equity Market Index Fund - Non Lending* | Collective trust fund 148,241 units | 28,302,122 | ||||||||
Total Small-Mid Cap Index Asset Class | 28,302,122 | |||||||||
Small-Mid Cap Value Asset Class: | ||||||||||
NT Collective Russell 2000 Value Index Fund - Non Lending* | Collective trust fund 5,337 units | 1,653,303 | ||||||||
Tri Pointe Homes, Inc. | Common and preferred stock 35,815 shares | 641,789 | ||||||||
Citigroup Inc. | Common and preferred stock 11,530 shares | 567,622 | ||||||||
Hewlett Packard Enterprise Company | Common and preferred stock 34,900 shares | 501,164 | ||||||||
NT Collective Short Term Investment Fund* | Collective trust fund 586,086 units | 586,086 | ||||||||
Popular, Inc. | Common and preferred stock 13,600 shares | 482,664 | ||||||||
EQT Corporation | Common and preferred stock 7,930 shares | 451,376 | ||||||||
Carrizo Oil & Gas Inc. | Common and preferred stock 20,395 shares | 434,006 | ||||||||
ARRIS International PLC | Common and preferred stock 15,810 shares | 406,159 | ||||||||
Whiting Petroleum Corporation | Common and preferred stock 15,025 shares | 397,862 | ||||||||
Mellanox Technologies Limited | Common and preferred stock 5,955 shares | 385,289 | ||||||||
ERICSSON Inc. | Common and preferred stock 55,600 shares | 371,408 | ||||||||
The Bank of N.T. Butterfield & Son Limited | Common and preferred stock 9,935 shares | 360,541 | ||||||||
Citizens Financial Group, Inc. | Common and preferred stock 8,200 shares | 344,236 | ||||||||
Albany International Corporation Class A | Common and preferred stock 5,530 shares | 339,819 | ||||||||
Mitel Networks Corporation | Common and preferred stock 41,265 shares | 339,611 | ||||||||
Bio-Rad Laboratories, Inc. Class A | Common and preferred stock 1,405 shares | 335,331 | ||||||||
Goodyear Tire & Rubber Company | Common and preferred stock 10,200 shares | 329,562 | ||||||||
Kosmos Energy Limited | Common and preferred stock 47,800 shares | 327,430 | ||||||||
Western Alliance Bancorporation | Common and preferred stock 5,656 shares | 320,243 | ||||||||
Axis Capital Holdings Limited | Common and preferred stock 6,215 shares | 312,366 | ||||||||
Coherent, Inc. | Common and preferred stock 1,090 shares | 307,620 | ||||||||
Royal Mail PLC | Common and preferred stock 23,900 shares | 295,165 | ||||||||
Reliance Steel & Aluminum Company | Common and preferred stock 3,400 shares | 291,686 | ||||||||
Cairn Energy PLC | Common and preferred stock 48,100 shares | 279,480 | ||||||||
Ferroglobe PLC | Common and preferred stock 16,870 shares | 273,294 | ||||||||
Haverty Furniture Companies, Inc. | Common and preferred stock 11,935 shares | 270,328 | ||||||||
1st Horizon National Corporation | Common and preferred stock 13,230 shares | 264,466 | ||||||||
Office Depot, Inc. | Common and preferred stock 72,800 shares | 257,712 | ||||||||
Gulfport Energy Corporation | Common and preferred stock 19,520 shares | 249,075 | ||||||||
MDC Partners Inc. Class A | Common and preferred stock 24,910 shares | 242,873 | ||||||||
Boise Cascade Co | Common and preferred stock 6,075 shares | 242,393 | ||||||||
Ophir Energy Company | Common and preferred stock 124,400 shares | 233,250 | ||||||||
Newfield Exploration Company | Common and preferred stock 7,390 shares | 233,007 | ||||||||
Innospec Inc. | Common and preferred stock 3,270 shares | 230,862 | ||||||||
KBR, Inc. | Common and preferred stock 11,560 shares | 229,235 | ||||||||
Ameris Bancorp | Common and preferred stock 4,730 shares | 227,986 | ||||||||
PPDC Energy Inc. | Common and preferred stock 4,380 shares | 225,745 |
Identity of Issue | Description of Investment | Current Value | ||||||||
Ramco-Gershenson Properties Trust | Common and preferred stock 15,070 shares | 221,981 | ||||||||
Taylor Morrison Home Corporation | Common and preferred stock 8,870 shares | 217,049 | ||||||||
Discovery Communications Inc. Series A | Common and preferred stock 9,500 shares | 212,610 | ||||||||
Bed Bath & Beyond Inc. | Common and preferred stock 9,500 shares | 208,905 | ||||||||
NRG Energy, Inc. | Common and preferred stock 7,300 shares | 207,904 | ||||||||
Orbital ATK Inc. | Common and preferred stock 1,575 shares | 207,113 | ||||||||
Globus Medical Inc. | Common and preferred stock 5,015 shares | 206,117 | ||||||||
Navistar International Corporation | Common and preferred stock 4,800 shares | 205,824 | ||||||||
Popular, Inc. | Common and preferred stock 5,610 shares | 199,099 | ||||||||
Harley-Davidson | Common and preferred stock 3,770 shares | 191,818 | ||||||||
Kohl's Corporation | Common and preferred stock 3,500 shares | 189,805 | ||||||||
Lattice Semiconductor Company | Common and preferred stock 32,740 shares | 189,237 | ||||||||
Calpine Corporation | Common and preferred stock 12,500 shares | 189,125 | ||||||||
United Financial Bancorp Inc. | Common and preferred stock 10,670 shares | 188,219 | ||||||||
Tetra Tech, Inc. | Common and preferred stock 43,840 shares | 187,197 | ||||||||
EnerSys | Common and preferred stock 2,685 shares | 186,957 | ||||||||
Allegheny Technologies Inc. | Common and preferred stock 7,680 shares | 185,395 | ||||||||
First Foundation Inc. | Common and preferred stock 9,950 shares | 184,473 | ||||||||
Equity Commonwealth | Common and preferred stock 6,040 shares | 184,280 | ||||||||
Ally Financial Inc. | Common and preferred stock 6,300 shares | 183,708 | ||||||||
Tutor Perini Corporation | Common and preferred stock 7,210 shares | 182,774 | ||||||||
Corning Inc. | Common and preferred stock 5,700 shares | 182,343 | ||||||||
National Bank Holdings Corporation Class A | Common and preferred stock 5,600 shares | 181,608 | ||||||||
Meridian Bancorp, Inc. | Common and preferred stock 8,410 shares | 173,246 | ||||||||
State Bank Financial Corporation | Common and preferred stock 5,770 shares | 172,177 | ||||||||
SuperValu Inc. | Common and preferred stock 7,950 shares | 171,720 | ||||||||
C&J Energy Services Inc. | Common and preferred stock 5,100 shares | 170,697 | ||||||||
Avnet, Inc. | Common and preferred stock 4,300 shares | 170,366 | ||||||||
Teradyne, Inc. | Common and preferred stock 4,050 shares | 169,574 | ||||||||
Kennedy-Wilson Holdings, Inc. | Common and preferred stock 9,750 shares | 169,163 | ||||||||
Pacwest Bancorp Company | Common and preferred stock 3,330 shares | 167,832 | ||||||||
Gramercy Property Trust | Common and preferred stock 6,290 shares | 167,691 | ||||||||
Reinsurance Group of America, Inc. | Common and preferred stock 1,070 shares | 166,845 | ||||||||
Ardmore Shipping Corporation | Common and preferred stock 20,790 shares | 166,320 | ||||||||
Brandywine Realty Trust | Common and preferred stock 9,112 shares | 165,747 | ||||||||
Kemper Corporation | Common and preferred stock 2,400 shares | 165,360 | ||||||||
Central Pacific Financial Corporation | Common and preferred stock 5,540 shares | 165,258 | ||||||||
FreightCar America, Inc. | Common and preferred stock 9,660 shares | 164,993 | ||||||||
Great Lakes Dredge & Dock Corporation | Common and preferred stock 30,240 shares | 163,296 | ||||||||
Scorpio Tankers Inc. | Common and preferred stock 53,440 shares | 162,992 | ||||||||
CNO Financial Group, Inc. | Common and preferred stock 6,510 shares | 160,732 | ||||||||
HomeStreet Inc. | Common and preferred stock 5,410 shares | 156,620 | ||||||||
Barrett Bill Corporation | Common and preferred stock 30,350 shares | 155,696 | ||||||||
Discover Financial Services | Common and preferred stock 2,000 shares | 153,840 | ||||||||
Embraer SA | Common and preferred stock 6,400 shares | 153,152 | ||||||||
Fulton Financial Corporation | Common and preferred stock 8,480 shares | 151,792 | ||||||||
Synchrony Financial | Common and preferred stock 3,900 shares | 150,579 | ||||||||
Murphy Oil Corporation | Common and preferred stock 4,800 shares | 149,040 | ||||||||
YRC Worldwide Inc. | Common and preferred stock 10,340 shares | 148,689 | ||||||||
Qorvo, Inc. | Common and preferred stock 2,225 shares | 148,185 |
Identity of Issue | Description of Investment | Current Value | ||||||||
CNO Financial Group, Inc. | Common and preferred stock 6,000 shares | 148,140 | ||||||||
Mallinckrodt PLC | Common and preferred stock 6,300 shares | 142,128 | ||||||||
Cypress Semiconductor Corporation | Common and preferred stock 9,080 shares | 138,379 | ||||||||
Covanta Holding Corporation | Common and preferred stock 8,160 shares | 137,904 | ||||||||
Marathon Oil Corporation | Common and preferred stock 8,100 shares | 137,133 | ||||||||
Cummins Inc. | Common and preferred stock 770 shares | 136,013 | ||||||||
Northfield Bancorp Inc. | Common and preferred stock 7,950 shares | 135,786 | ||||||||
LivaNova PLC | Common and preferred stock 1,685 shares | 134,665 | ||||||||
Banner Corporation | Common and preferred stock 2,430 shares |