☒
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ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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☐
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TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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A.
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Full title of the plan and address of the plan, if different from that of the issuer named below:
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B.
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Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:
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Page
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4
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5
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6
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7
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14
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15
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16
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2021
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2020
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|||||||
ASSETS:
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||||||||
Investments at fair value:
Interest in Sensient Technologies Corporation Master Trust
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$
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63,137,452
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$
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50,946,694
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||||
Contributions receivable
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1,196,002
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1,113,734
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||||||
Net assets available for benefits
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$
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64,333,454
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$
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52,060,428
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2021
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||||
ADDITIONS:
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||||
Net investment income from Sensient Technologies
Corporation Master Trust
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$
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16,703,792
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||
Sensient Technologies Corporation contributions
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1,196,002
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|||
Total additions
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17,899,794
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DEDUCTIONS:
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Withdrawals and distributions
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(5,626,768
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)
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Net additions
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12,273,026
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Net assets available for benefits:
Beginning of year
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52,060,428
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|||
End of year
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$
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64,333,454
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2021
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2020
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|||||||
Sensient Technologies Corporation stock fund
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$
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71,467,619
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$
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55,911,675
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Mutual funds
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247,600,257
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215,847,526
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Common collective trust fund measured at NAV
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13,289,587
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12,230,989
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Net assets in Master Trust
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$
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332,357,463
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$
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283,990,190
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2021
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2020
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Sensient Technologies Corporation stock fund
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$
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54,049,424
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$
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42,731,974
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Mutual funds
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5,504,666
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4,984,599
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||||||
Common collective trust fund measured at NAV
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3,583,362
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3,230,121
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Plan’s interest in net assets in Master Trust
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$
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63,137,452
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$
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50,946,694
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2021
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||||
Dividends on Sensient Technologies Corporation stock fund
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$
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1,127,135
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Interest and other dividends
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10,492,538
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Net appreciation of investments based on quoted market prices
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43,160,103
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Net investment income of Master Trust
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$
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54,779,776
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Plan’s equity in net investment of the Master Trust
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$
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16,703,792
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2021
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Sensient Technologies Corporation stock fund
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$
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19,363,782
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Mutual funds
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23,796,321
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Net appreciation in fair value of investments – Master Trust
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$
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43,160,103
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2021
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2020
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Non-participant directed net assets:
Sensient Technologies Corporation stock fund
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$
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54,049,424
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$
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42,731,974
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Contributions receivable from Sensient Technologies
Corporation
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1,177,240
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1,094,338
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Non-participant directed net assets
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$
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55,226,664
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$
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43,826,312
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2021
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Changes in non-participant directed net assets:
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Contributions
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$
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1,177,240
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Dividends
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847,869
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Net appreciation
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14,714,987
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Withdrawals and distributions
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(4,497,159
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)
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Transfers to participant directed investments
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(842,585
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)
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$
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11,400,352
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December 31, 2021
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Level 1
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Total
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||||||
Sensient Technologies
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||||||||
Corporation stock fund
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$
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71,467,619
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$
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71,467,619
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Mutual funds
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247,600,257
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247,600,257
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Total assets in the fair value hierarchy
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$
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319,067,876
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$
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319,067,876
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||||
Common collective trust fund (A)
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-
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13,289,587
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||||||
Total assets at fair value
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$
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319,067,876
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$
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332,357,463
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December 31, 2020
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Level 1
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Total
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||||||
Sensient Technologies
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||||||||
Corporation stock fund
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$
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55,911,675
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$
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55,911,675
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Mutual funds
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215,847,526
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215,847,526
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||||||
Total assets in the fair value hierarchy
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$
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271,759,201
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$
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271,759,201
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||||
Common collective trust fund (A)
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-
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12,230,989
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||||||
Total assets at fair value
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$
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271,759,201
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$
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283,990,190
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(A)
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In accordance with ASC Subtopic 820-10, Fair Value Measurement – Overall, certain investments that were measured at fair value using net asset value per share as a
practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the line items presented in the statements of net
assets available for benefits. This category includes a common collective trust fund that is designed to deliver safety and stability by preserving principal and accumulating earnings. This fund is primarily invested in guaranteed
investment contracts and synthetic investment contracts. Participant-directed redemptions have no restrictions; however, the Plan is required to provide a one-year redemption notice to liquidate its entire share in the fund.
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December 31
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||||||||
2021
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2020
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|||||||
Net assets available for benefits per the financial statements
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$
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64,333,454
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$
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52,060,428
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Benefits payable
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(3,234
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)
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(31,006
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)
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Net assets available for benefits per the Form 5500
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$
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64,330,220
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$
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52,029,422
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Net additions in net assets available for benefits per the financial statements
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$
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12,273,026
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Benefits payable
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27,772
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Net additions in net assets available for benefits per the Form 5500
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$
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12,300,798
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Exhibit No.
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Description
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Consent of Independent Registered Public Accounting Firm
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Date: June 6, 2022
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By: /s/ John J. Manning
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Name:
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John J. Manning
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Title:
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Senior Vice President, General Counsel & Secretary
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