0000318154-19-000025.txt : 20190617 0000318154-19-000025.hdr.sgml : 20190617 20190617172435 ACCESSION NUMBER: 0000318154-19-000025 CONFORMED SUBMISSION TYPE: 11-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20181231 FILED AS OF DATE: 20190617 DATE AS OF CHANGE: 20190617 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMGEN INC CENTRAL INDEX KEY: 0000318154 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 953540776 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 11-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37702 FILM NUMBER: 19902164 BUSINESS ADDRESS: STREET 1: ONE AMGEN CENTER DRIVE CITY: THOUSAND OAKS STATE: CA ZIP: 91320 BUSINESS PHONE: (805)447-1000 MAIL ADDRESS: STREET 1: ONE AMGEN CENTER DRIVE CITY: THOUSAND OAKS STATE: CA ZIP: 91320 FORMER COMPANY: FORMER CONFORMED NAME: AMGEN DATE OF NAME CHANGE: 19870305 11-K 1 a2018puertoricoplan11-k.htm THE RETIREMENT AND SAVINGS PLAN FOR AMGEN MANUFACTURING, LIMITED Document


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 11-K
(Mark One)
 
ý
ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2018
OR
 
 
¨
TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Commission file number 001-37702
THE RETIREMENT AND SAVINGS PLAN FOR
AMGEN MANUFACTURING, LIMITED
State Road 31, Kilometer 24.6, Juncos, Puerto Rico 00777
(Full title and address of the plan)
AMGEN INC.
(Name of issuer of the securities held)
 
 
 
 
One Amgen Center Drive,
 
91320-1799
Thousand Oaks, California
 
(Zip Code)
(Address of principal executive offices)
 
 






The Retirement and Savings Plan for
Amgen Manufacturing, Limited


Audited Financial Statements
and Supplemental Schedule
Years Ended December 31, 2018 and 2017

Contents
 




Report of Independent Registered Public Accounting Firm


To the Plan Participants and the Plan Administrator of The Retirement and Savings Plan for Amgen Manufacturing, Limited
Opinion on the Financial Statements
We have audited the accompanying statements of net assets available for benefits of The Retirement and Savings Plan for Amgen Manufacturing, Limited (the Plan) as of December 31, 2018 and 2017, and the related statements of changes in net assets available for benefits for the years then ended, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan at December 31, 2018 and 2017, and the changes in its net assets available for benefits for the years then ended, 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 the Plan’s 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. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion.
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.
Supplemental Schedule
The accompanying supplemental schedule of assets (held at end of year) as of December 31, 2018, has been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The information in the supplemental schedule is the responsibility of the Plan’s management. Our audit procedures included determining whether the 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 schedule. In forming our opinion on the information, we evaluated whether such 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 information is fairly stated, in all material respects, in relation to the financial statements as a whole.

/s/ ERNST & YOUNG LLP
We have served as the Plan’s auditor since 1992.
Los Angeles, California
June 17, 2019

1


The Retirement and Savings Plan for Amgen Manufacturing, Limited
Statements of Net Assets Available for Benefits



 
 
December 31,
 
 
2018
 
2017
Assets
 
 
 
 
Investments at fair value
 
$
407,898,859

 
$
441,446,107

Notes receivable from participants
 
14,040,310

 
15,675,786

Other – principally due from broker
 
470,827

 
1,530,307

Total assets
 
422,409,996

 
458,652,200

Liabilities
 
 
 
 
Other – principally due to broker
 
618,395

 
278,567

Total liabilities
 
618,395

 
278,567

Net assets available for benefits
 
$
421,791,601

 
$
458,373,633

See accompanying notes.

2


The Retirement and Savings Plan for Amgen Manufacturing, Limited
Statements of Changes in Net Assets Available for Benefits



 
 
Years Ended December 31,
 
 
2018
 
2017
Additions to (deductions from) net assets:
 
 
 
 
Employer contributions
 
$
14,104,328

 
$
14,909,331

Participant contributions
 
13,908,012

 
13,505,368

Rollover contributions
 
613,151

 
887,746

Interest and dividend income
 
4,464,868

 
4,261,615

Net realized/unrealized (losses) gains
 
(11,212,771
)
 
60,953,540

Interest income on notes receivable from participants
 
661,076

 
671,549

Benefits paid
 
(58,529,331
)
 
(9,297,793
)
Investment and administrative fees
 
(591,365
)
 
(579,859
)
Net (decrease) increase
 
(36,582,032
)
 
85,311,497

Net assets available for benefits at beginning of year
 
458,373,633

 
373,062,136

Net assets available for benefits at end of year
 
$
421,791,601

 
$
458,373,633

See accompanying notes.

3


The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements
December 31, 2018


1. Description of the Plan
The following description of The Retirement and Savings Plan for Amgen Manufacturing, Limited (the Plan) provides only general information. Participants should refer to the Plan document for a more complete description of the Plan’s provisions.
General
The Plan was established effective May 1, 1992, and was amended and restated effective January 1, 2017, and subsequently amended, with the most recent amendment adopted on November 1, 2018. The Plan is a defined contribution plan covering substantially all Puerto Rico resident employees of Amgen Manufacturing, Limited (the Company), a wholly owned subsidiary of Amgen Inc. (Amgen). The Plan is intended to qualify under Section 1081.01 of the Puerto Rico Internal Revenue Code of 2011, as amended (the PR Code) (see Note 4, Income Tax Status) and section 407(d)(3)(A) of the Employee Retirement Income Security Act of 1974 (ERISA).
Contributions
Subject to certain limitations (as defined in the Plan), participants may elect to contribute up to 30% of their eligible compensation in pre-tax contributions and after-tax contributions or a combination of these types of contributions. A participant’s pre-tax contributions are subject to PR Code and Plan limitations and could not exceed $15,000 in 2018 and 2017. Participants may elect to contribute after-tax contributions beginning January 1 of the year following the year the participant was hired. Participant after-tax contributions are subject to PR Code and Plan limitations and could not exceed $1,500 in 2018 and 2017. Unless an employee has voluntarily enrolled in the Plan or has declined to participate in the Plan within the first 30 days of employment, all newly eligible participants are automatically enrolled in the Plan, and contributions equal to 5% of their eligible compensation are withheld and contributed to the Plan as pre-tax contributions; such contributions are automatically increased by 1% per year until their contributions reach 10% of their eligible compensation. Participants may elect to adjust, cease or resume their contributions at any time.
Participants who are at least age 50 by the close of the Plan year may also elect to make certain additional pre-tax contributions, referred to as catch-up contributions, that are subject to PR Code and Plan limitations and could not exceed $1,500 in 2018 and 2017. Participants may also contribute pre-tax and after-tax amounts representing distributions from certain other retirement plans qualified in Puerto Rico, referred to as rollover contributions (as defined in the Plan).
Each pay period, the Company makes a non-elective contribution for all eligible participants, whether or not they have elected to make contributions to the Plan, equal to 4% of each participant’s eligible compensation up to a maximum of $11,000 in 2018 and $10,800 in 2017 (Core Contributions). In addition, the Company makes a contribution equal to amounts contributed by the participant as pre-tax contributions, including catch-up contributions, of up to 5% of eligible compensation (Matching Contributions). Matching Contributions could not exceed $13,750 in 2018 and $13,500 in 2017.
Participants select the investments in which their contributions, including their Core Contributions and Matching Contributions (collectively, Company Contributions), are to be invested, electing among various alternatives, including Amgen common stock (Amgen stock). Participants may direct a maximum of 20% of contributions to be invested in Amgen stock. In addition, participants may transfer amounts among the investment options at any time, subject to certain limitations. Notwithstanding the foregoing, if 20% or more of the value of a participant’s Plan account is invested in Amgen stock, the Plan document provides that no transfers from other investment options can be made to invest in Amgen stock.
The accounts of participants who had never made an investment election are allocated to investments under a qualified default investment alternative, which is intended to be compliant with ERISA regulations. At any time, participants may elect to alter the investments in their accounts made under a qualified default investment alternative.
Vesting
Participants are immediately vested with respect to their contributions, Company Contributions, and earnings and losses (hereafter referred to as earnings) thereon.

4


The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)


Participant Accounts
Each participant’s account is credited with: (a) the participant’s contributions; (b) an allocation of Company Contributions; and (c) earnings. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s account.
Plan Investments
Participants can invest in any of 16 different asset classes as well as Amgen stock or may actively manage their account under a self-directed brokerage arrangement in which a wider array of investment options are available. The value of an investment in an asset class is determined by its underlying investment vehicles, which may include one or more of the following: mutual funds, collective trust funds and portfolios, which are separately managed exclusively for the benefit of Plan participants and their beneficiaries (separately managed portfolios). The separately managed portfolios are composed primarily of investments in publicly traded common and preferred stocks. The asset classes are designed to provide participants with choices among a variety of investment objectives.
Payments of Benefits
Subject to Plan limitations, upon termination of employment, including termination due to disability (as defined in the Plan) or retirement, a participant may elect to receive a full or partial distribution of his or her account balance in: (a) a single payment in cash; (b) a single distribution in full shares of Amgen stock (with any fractional shares paid in cash); (c) a single distribution paid in a combination of cash and full shares of Amgen stock; or (d) a rollover distribution to an eligible retirement plan.
Participants may also elect to maintain their account balance in the Plan subsequent to termination of employment, provided that their account balance is greater than $1,000.
If a participant dies before receiving the value of his or her account balance, the participant’s beneficiary may elect to receive the distribution of remaining funds from among the alternatives described above, subject to certain Plan limitations.
Certain restrictions apply to withdrawals from the Plan while a participant continues to be employed by the Company.
Notes Receivable from Participants
Subject to certain restrictions, a participant can have up to two loans outstanding at any one time from his or her Plan account with a combined maximum loan amount that may not exceed the lesser of: (a) 50% of the participant’s account balance or (b) $50,000 less certain adjustments, as applicable (as defined in the Plan). A participant’s loan is secured by his or her Plan account balance. Loans made prior to January 1, 2006, bear interest at fixed rates based on the average borrowing rates of certain major banks. Loans made on or after January 1, 2006, bear interest at fixed rates which, until changed by the Company, are based on the prime rate plus one percentage point as published in The Wall Street Journal, determined as of the last day of the calendar quarter preceding origination or such other rate as may be required by law. Loans are generally payable in installments over periods ranging from one to five years, unless the loan is used to acquire a principal residence for which the term of the loan may be up to 20 years. Principal and interest payments are allocated to the participant’s account.
Plan Termination
Although it has not expressed any intent to do so, the Company has the right under the Plan to terminate the Plan subject to the provisions of ERISA. Upon termination, participants would receive distributions of their account balances.
Trustee
Banco Popular de Puerto Rico is the Plan’s trustee. 

5


The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)


2. Summary of Significant Accounting Policies
Basis of Accounting
The accompanying financial statements are prepared on the accrual basis of accounting.
Fair Value Measurement
The investments of the Plan are reported at fair value. Fair value is generally defined as the price that would be received to sell an asset or paid to transfer a liability (the exit price) in an orderly transaction between market participants at the measurement date (see Note 3, Fair Value Measurements).
Investment Income and Losses
Dividend income is recognized on the ex-dividend date, and interest income is recorded on an accrual basis. Unrealized gains and losses on investments are measured by the change in the difference between the fair value and cost of the securities held at the beginning of the year (or date purchased if acquired during the Plan year) and the end of the year. Realized gains and losses from security transactions are recorded based on the weighted-average cost of securities sold.
Notes Receivable from Participants
Notes receivable from participants are carried at their unpaid balance plus accrued but unpaid interest, as applicable.
Due from/to Brokers
Purchases and sales of investments are recorded on a trade-date basis. Amounts due from and due to brokers arise from unsettled sale and purchase transactions.
Use of Estimates
The preparation of financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
Recently issued accounting pronouncement
In July 2018, the Financial Accounting Standards Board issued a new accounting standard that amends the fair value hierarchy disclosure to indicate that certain types of investments should not always be considered to be eligible to use the net asset value per unit as a practical expedient. Furthermore, this standard clarifies that an evaluation should be made of whether a readily determinable fair value exists for such investments or whether the investments qualify for measurement at the practical expedient. The Company is evaluating the new standard and currently anticipates that it will result in discontinuing the use of the practical expedient for determining the fair values of the Plan’s investments in collective trust funds. Accordingly, the aggregate fair value of such investments would be moved from its current location as reconciling item of the fair value hierarchy table into this table with an assigned fair value measurement level. The new standard is effective for years beginning on January 1, 2019, and will be applied prospectively.

6


The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)


3. Fair Value Measurements
The Plan uses various valuation approaches in determining the fair value of investments within a hierarchy that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the investment based on market data obtained from independent sources. Unobservable inputs are inputs that reflect assumptions about the inputs that market participants would use in pricing the investment and are developed based on the best information available in the circumstances. The fair value hierarchy is divided into three levels based on the source of inputs as follows:
Level 1 – Valuations based on unadjusted quoted prices in active markets for identical investments that the Plan has the ability to access;
Level 2 – Valuations for which all significant inputs are observable, either directly or indirectly, other than Level 1 inputs;
Level 3 – Valuations based on inputs that are unobservable and significant to the overall fair value measurement.
The availability of observable inputs can vary among the various types of investments. To the extent that the valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. In certain cases, the inputs used for measuring fair value may fall into different levels of the fair value hierarchy. In such cases, for financial statement disclosure purposes, the level in the fair value hierarchy within which the fair value measurement is categorized is based on the lowest level of input used that is significant to the overall fair value measurement.
The following fair value hierarchy tables present information about each major class/category of the Plan’s investments measured at fair value:
 
 
Fair value measurements at December 31, 2018, 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
 
$
83,047,933

 
$
—

 
$
—

 
$
83,047,933

Cash and cash equivalents
 
—

 
—

 
—

 
—

Common and preferred stocks
 
68,895,253

 
—

 
—

 
68,895,253

Mutual funds
 
36,118,321

 
—

 
—

 
36,118,321

Self-directed brokerage accounts
 
2,145,935

 
—

 
—

 
2,145,935

Other
 
722

 
—

 
—

 
722

 
 
$
190,208,164

 
$
—

 
$
—

 
$
190,208,164

Collective trust funds measured at net asset value
 
 
 
 
 
 
 
217,690,695

Total investments measured at fair value
 
 
 
 
 
 
 
$
407,898,859


7


The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)


 
 
 
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

The fair values of common stocks (including Amgen stock), preferred stocks and mutual funds are valued using quoted market prices in active markets with no valuation adjustment.
Collective trust funds represent interests in pooled investment vehicles designed typically for collective investment of employee benefit trusts. The fair values of these investments are determined by reference to the net asset value per unit provided by the fund managers as a practical expedient. The unit values are based on the fair values of the trusts’ underlying assets, which are principally equity and fixed income securities and short-term investments. The only redemption restriction with respect to these investments is on the Wells Fargo Stable Value Fund W (fair value of $29,528,317 as of December 31, 2018), which requires a one-year notice to be given in the event of complete liquidation.
4. Income Tax Status
The Plan received an opinion letter from the Puerto Rico Treasury Department (PRTD) dated February 26, 2018, with an effective date of January 1, 2017, stating that the Plan meets the requirements of Section 1081.01 of the PR Code and the regulations thereunder, and, therefore the related trust forming part of the Plan is exempt from taxation. Subsequently, two amendments were made to the Plan, and the Plan received a letter from the PRTD dated October 30, 2018, stating the PRTD has no objection to these amendments. Subsequent to this letter, the Plan was amended again. Once qualified, the Plan is required to operate in conformity with the PR Code to maintain its qualification.
For taxable years 2018 and 2017, the Company believes the Plan satisfied, and operated in compliance with, the applicable requirements of the PR Code and therefore believes that the Plan, as amended, is qualified and the related trust is tax exempt. The Company has indicated that it currently intends to continue to take the necessary steps to maintain the Plan’s compliance with the applicable requirements of the PR Code.
5. Services Provided by the Company
During 2018 and 2017, the Company paid certain trustee fees and other administrative costs on behalf of the Plan.

8


The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)


6. Reconciliation of Financial Statements to Form 5500
The reconciliation of net assets available for benefits per the financial statements to the Form 5500 consisted of the following:
 
 
December 31,
 
 
2018
 
2017
Net assets available for benefits per the financial statements
 
$
421,791,601

 
$
458,373,633

Deemed loans
 
(481,033
)
 
(421,752
)
Net assets per the Form 5500
 
$
421,310,568

 
$
457,951,881

The following is a reconciliation of distributions per the financial statements to the Form 5500:
 
 
Year Ended
December 31,
2018
Benefits paid
 
$
(58,529,331
)
Investment and administrative fees
 
(591,365
)
Total distributions per the financial statements
 
(59,120,696
)
Deemed loan balance at December 31, 2017
 
421,752

Deemed loan balance at December 31, 2018
 
(481,033
)
Total distributions per the Form 5500
 
$
(59,179,977
)

9


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


Supplemental Schedule
The Retirement and Savings Plan for Amgen Manufacturing, Limited
EIN: 98-0210484 Plan: #001
As of December 31, 2018
Schedule H, line 4i – Schedule of Assets (Held at End of Year)
 
Identity of Issue
 
Description of Investment
 
Current Value
Amgen Stock*
 
Employer Securities 426,609 shares
 
$
83,047,933

 
 
 
 
 
 
 
$
83,047,933

 
 
 
 
 
 
 
Capital Preservation Asset Class:
 
 
 
 
 
 
Wells Fargo Stable Value Fund*
 
Collective Trust Fund 529,175 units
 
29,528,317

 
 
NT Collective Short Term Investment Fund*
 
Collective Trust Fund 1,234,529 units
 
1,234,529

 
Total Capital Preservation Asset Class
 
 
 
 
30,762,846

 
 
 
 
 
 
 
Emerging Markets Equity Asset Class:
 
 
 
 
 
 
Blackrock FTSE RAFI Emerging Index Non Lendable Fund F*
 
Collective Trust Fund 285,331 units
 
3,451,934

 
 
J.P. Morgan Emerging Markets Equity Focus Fund*
 
Collective Trust Fund 160,083 units
 
3,382,555

 
 
NT Collective Emerging Markets Fund / Non Lending*
 
Collective Trust Fund 3,462 units
 
570,485

 
Total Emerging Markets Equity Asset Class
 
 
 
 
7,404,974

 
 
 
 
 
 
 
Fixed Income Asset Class:
 
 
 
 
 
 
JPMorgan Core Bond Fund*
 
Collective Trust Fund 618,944 units
 
11,605,195

 
 
Metropolitan West Total Return Bond Fund
 
Mutual Fund 1,182,379 units
 
11,563,670

 
Total Fixed Income Asset Class
 
 
 
 
23,168,865

 
 
 
 
 
 
 
Fixed Income Index Asset Class:
 
 
 
 
 
 
NT Collective Aggregate Bond Index Fund / Non Lending*
 
Collective Trust Fund 59,424 units
 
8,347,893

 
Total Fixed Income Index Asset Class
 
 
 
 
8,347,893

 
 
 
 
 
 
 
High Yield Asset Class:
 
 
 
 
 
 
Mackay Shields High Yield Bond CIT (Fund Code-2196)*
 
Collective Trust Fund 432,064 units
 
4,471,862

 
 
Blackrock Funds V High Yield Bond Portfolio Class K
 
Mutual Fund 612,268 units
 
4,371,595

 
 
NT Collective Aggregate Bond Index Fund / Non Lending*
 
Collective Trust Fund 15,505 units
 
2,178,192

 
Total High Yield Asset Class
 
 
 
 
11,021,649

 
 
 
 
 
 
 
Inflation Protection Asset Class:
 
 
 
 
 
 
NT Collective Treasury Inflation/Protected Securities Index Fund / Non Lending*
 
Collective Trust Fund 41,380 units
 
5,781,565

 
Total Inflation Protection Asset Class
 
 
 
 
5,781,565

 
 
 
 
 
 
 
International Growth Asset Class:
 
 
 
 
 
 
Artisan International Fund*
 
Collective Trust Fund 165,504 units
 
3,518,624

 

10


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


Identity of Issue
 
Description of Investment
 
Current Value
 
MFS Institutional International Equity Fund
 
Mutual Fund 154,982 units
 
3,470,053

 
 
NT Collective EAFE Index Fund / Non Lending*
 
Collective Trust Fund 1,480 units
 
417,926

 
Total International Growth Asset Class
 
 
 
 
7,406,603

 
 
 
 
 
 
 
International Index Asset Class:
 
 
 
 
 
 
NT Collective All Country World Index Ex/US Fund / Non Lending*
 
Collective Trust Fund 156,510 units
 
21,445,039

 
Total International Index Asset Class
 
 
 
 
21,445,039

 
 
 
 
 
 
 
International Value Asset Class:
 
 
 
 
 
 
Altrinsic International Equity Fund Class C*
 
Collective Trust Fund 387,347 units
 
4,213,328

 
 
Dodge & Cox International Fund
 
Mutual Fund 108,998 units
 
4,023,110

 
 
NT Collective EAFE Index Fund / Non Lending*
 
Collective Trust Fund 2,959 units
 
835,541

 
Total International Value Asset Class
 
 
 
 
9,071,979

 
 
 
 
 
 
 
Large Cap Growth Asset Class:
 
 
 
 
 
 
NT Collective Russell 1000 Growth Index Fund / Non Lending*
 
Collective Trust Fund 5,755 units
 
2,335,062

 
 
Amazon Inc.
 
Common and Preferred Stock 1,182 shares
 
1,775,329

 
 
Visa Inc. Class A
 
Common and Preferred Stock 12,924 shares
 
1,705,193

 
 
salesforce.com, inc.
 
Common and Preferred Stock 8,315 shares
 
1,138,906

 
 
Alphabet Inc. Class A
 
Common and Preferred Stock 990 shares
 
1,034,510

 
 
NT Collective Short Term Investment Fund*
 
Collective Trust Fund 1,006,830 units
 
1,006,830

 
 
ServiceNow, Inc.
 
Common and Preferred Stock 5,315 shares
 
946,336

 
 
Microsoft Corporation
 
Common and Preferred Stock 8,976 shares
 
911,692

 
 
Netflix, Inc.
 
Common and Preferred Stock 3,064 shares
 
820,110

 
 
Regeneron Pharmaceuticals, Inc.
 
Common and Preferred Stock 1,952 shares
 
729,072

 
 
Alibaba Group Holding Limited
 
Common and Preferred Stock 5,250 shares
 
719,618

 
 
Abbott Lab
 
Common and Preferred Stock 8,453 shares
 
611,405

 
 
Nike, Inc. Class B
 
Common and Preferred Stock 7,905 shares
 
586,077

 
 
Yum! Brands Inc.
 
Common and Preferred Stock 6,370 shares
 
585,530

 
 
Alphabet Inc. Class C
 
Common and Preferred Stock 555 shares
 
574,764

 
 
FleetCor Technologies, Inc.
 
Common and Preferred Stock 3,076 shares
 
571,275

 
 
Facebook Inc. Class A
 
Common and Preferred Stock 4,322 shares
 
566,571

 
 
The Estee Lauder Companies Inc.
 
Common and Preferred Stock 4,305 shares
 
560,081

 
 
Adobe Systems Inc.
 
Common and Preferred Stock 2,470 shares
 
558,813

 
 
Booking Holdings Inc.
 
Common and Preferred Stock 310 shares
 
533,950

 
 
Ecolab Inc.
 
Common and Preferred Stock 3,489 shares
 
514,104

 
 
UnitedHealth Group Inc.
 
Common and Preferred Stock 2,029 shares
 
505,464

 
 
Walt Disney Company
 
Common and Preferred Stock 4,165 shares
 
456,692

 
 
Autodesk Inc.
 
Common and Preferred Stock 3,451 shares
 
443,833

 
 
Equinix Inc.
 
Common and Preferred Stock 1,216 shares
 
428,713

 
 
Becton Dickinson & Company
 
Common and Preferred Stock 1,823 shares
 
410,758

 
 
Edwards Lifesciences Corporation
 
Common and Preferred Stock 2,645 shares
 
405,135

 
 
Illumina, Inc.
 
Common and Preferred Stock 1,350 shares
 
404,906

 
 
Novo Nordisk A/S
 
Common and Preferred Stock 8,669 shares
 
399,381

 

11


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


Identity of Issue
 
Description of Investment
 
Current Value
 
Linde PLC
 
Common and Preferred Stock 2,353 shares
 
367,162

 
 
Automatic Data Processing, Inc.
 
Common and Preferred Stock 2,796 shares
 
366,612

 
 
Intuit
 
Common and Preferred Stock 1,811 shares
 
356,495

 
 
Lowes Companies, Inc.
 
Common and Preferred Stock 3,839 shares
 
354,570

 
 
Monster Beverage Corporation
 
Common and Preferred Stock 7,005 shares
 
344,786

 
 
Apple Inc.
 
Common and Preferred Stock 2,170 shares
 
342,296

 
 
TJX Companies, Inc.
 
Common and Preferred Stock 7,622 shares
 
341,008

 
 
Ulta Salon, Cosmetics & Fragrance, Inc.
 
Common and Preferred Stock 1,385 shares
 
339,103

 
 
CoStar Group Inc.
 
Common and Preferred Stock 1,005 shares
 
339,027

 
 
Mondelez International, Inc.
 
Common and Preferred Stock 8,384 shares
 
335,612

 
 
Palo Alto Networks, Inc.
 
Common and Preferred Stock 1,580 shares
 
297,593

 
 
Intuitive Surgical, Inc.
 
Common and Preferred Stock 601 shares
 
287,831

 
 
Mastercard Inc. Class A
 
Common and Preferred Stock 1,402 shares
 
264,487

 
 
Splunk Inc.
 
Common and Preferred Stock 2,420 shares
 
253,737

 
 
Caterpillar Inc.
 
Common and Preferred Stock 1,882 shares
 
239,146

 
 
Alliance Data Systems Corporation
 
Common and Preferred Stock 1,593 shares
 
239,077

 
 
Align Technology, Inc.
 
Common and Preferred Stock 1,130 shares
 
236,656

 
 
Sarepta Therapeutics Inc.
 
Common and Preferred Stock 2,095 shares
 
228,627

 
 
Thermo Fisher Corporation
 
Common and Preferred Stock 1,017 shares
 
227,594

 
 
Cisco Systems, Inc.
 
Common and Preferred Stock 5,220 shares
 
226,183

 
 
Zebra Technologies Corporation
 
Common and Preferred Stock 1,410 shares
 
224,514

 
 
Abiomed Inc.
 
Common and Preferred Stock 675 shares
 
219,402

 
 
Match Group Inc.
 
Common and Preferred Stock 5,025 shares
 
214,919

 
 
Workday Inc. Class A
 
Common and Preferred Stock 1,330 shares
 
212,374

 
 
Coca Cola Company
 
Common and Preferred Stock 4,400 shares
 
208,340

 
 
Deere & Company
 
Common and Preferred Stock 1,361 shares
 
203,020

 
 
Boston Scientific Corporation
 
Common and Preferred Stock 5,650 shares
 
199,671

 
 
RingCentral, Inc. Class A
 
Common and Preferred Stock 2,360 shares
 
194,558

 
 
Biomarin Pharmaceutical Inc.
 
Common and Preferred Stock 2,245 shares
 
191,162

 
 
Twitter Inc.
 
Common and Preferred Stock 6,390 shares
 
183,649

 
 
Vertex Pharmaceuticals Inc.
 
Common and Preferred Stock 1,100 shares
 
182,281

 
 
Activision Blizzard Inc.
 
Common and Preferred Stock 3,795 shares
 
176,733

 
 
Eli Lilly and Company
 
Common and Preferred Stock 1,520 shares
 
175,894

 
 
CF Industries Holdings Inc.
 
Common and Preferred Stock 4,000 shares
 
174,040

 
 
Alexion Pharmaceuticals, Inc.
 
Common and Preferred Stock 1,770 shares
 
172,327

 
 
Xilinx Inc.
 
Common and Preferred Stock 1,970 shares
 
167,785

 
 
Target Corporation
 
Common and Preferred Stock 2,360 shares
 
155,972

 
 
Loxo Oncology Inc.
 
Common and Preferred Stock 1,102 shares
 
154,357

 
 
SBV Financial Group
 
Common and Preferred Stock 810 shares
 
153,835

 
 
Dexcom Inc.
 
Common and Preferred Stock 1,260 shares
 
150,948

 
 
Floor & Decor Holdings Inc.
 
Common and Preferred Stock 5,800 shares
 
150,220

 
 
Worldpay Inc. Class A
 
Common and Preferred Stock 1,940 shares
 
148,274

 
 
CSX Corporation
 
Common and Preferred Stock 2,340 shares
 
145,384

 
 
Grubhub Inc.
 
Common and Preferred Stock 1,890 shares
 
145,171

 
 
Qualcomm Inc.
 
Common and Preferred Stock 2,430 shares
 
138,291

 
 
Five Below, Inc.
 
Common and Preferred Stock 1,340 shares
 
137,109

 
 
Chipotle Mexican Grill, Inc.
 
Common and Preferred Stock 310 shares
 
133,855

 

12


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


Identity of Issue
 
Description of Investment
 
Current Value
 
Capital One Financial Corporation
 
Common and Preferred Stock 1,710 shares
 
129,259

 
 
Intel Corporation
 
Common and Preferred Stock 2,740 shares
 
128,588

 
 
Atlassian Corporation PLC Class A
 
Common and Preferred Stock 1,375 shares
 
122,348

 
 
Procter & Gamble NPV
 
Common and Preferred Stock 1,300 shares
 
119,496

 
 
Lululemon Athletica Inc.
 
Common and Preferred Stock 910 shares
 
110,665

 
 
Jacobs Engineering Group Inc.
 
Common and Preferred Stock 1,740 shares
 
101,720

 
 
WellCare Health Plans, Inc.
 
Common and Preferred Stock 400 shares
 
94,436

 
 
Diamondback Energy Inc.
 
Common and Preferred Stock 972 shares
 
90,104

 
 
Pioneer National Resources Company
 
Common and Preferred Stock 610 shares
 
80,227

 
 
Live Nation Entertainment Inc.
 
Common and Preferred Stock 1,220 shares
 
60,085

 
 
Tiffany & Company
 
Common and Preferred Stock 580 shares
 
46,696

 
Total Large Cap Growth Asset Class:
 
 
 
 
34,025,421

 
 
 
 
 
 
 
Large Cap Index Asset Class:
 
 
 
 
 
 
NT Collective S&P 500 Index Fund – Non Lending*
 
Collective Trust Fund 9,849 units
 
86,206,754

 
 
NT Collective Short Term Investment Fund*
 
Collective Trust Fund 2,185 units
 
2,185

 
Total Large Cap Index Asset Class
 
 
 
 
86,208,939

 
 
 
 
 
 
 
Large Cap Value Asset Class:
 
 
 
 
 
 
NT Collective Russell 1000 Value Index Fund / Non Lending*
 
Collective Trust Fund 1,621 units
 
537,066

 
 
NT Collective Short Term Investment Fund*
 
Collective Trust Fund 442,407 units
 
442,407

 
 
Alphabet Inc. Class C
 
Common and Preferred Stock 407 shares
 
421,493

 
 
Microsoft Corporation
 
Common and Preferred Stock 3,937 shares
 
399,881

 
 
Qorvo, Inc.
 
Common and Preferred Stock 5,863 shares
 
356,060

 
 
Hilton Worldwide Holdings Inc.
 
Common and Preferred Stock 4,874 shares
 
349,953

 
 
Skyworks Solutions Inc
 
Common and Preferred Stock 5,170 shares
 
346,493

 
 
National Oilwell Varco, Inc.
 
Common and Preferred Stock 12,892 shares
 
331,324

 
 
Mastercard Inc. Class A
 
Common and Preferred Stock 1,711 shares
 
322,780

 
 
KKR & Company Inc. Class A
 
Common and Preferred Stock 14,592 shares
 
286,441

 
 
Swiss Re AG
 
Common and Preferred Stock 2,980 shares
 
272,258

 
 
Comcast Corporation Class A
 
Common and Preferred Stock 7,700 shares
 
262,185

 
 
CVS Health Corporation
 
Common and Preferred Stock 3,985 shares
 
261,097

 
 
McKesson Corporation
 
Common and Preferred Stock 2,154 shares
 
237,952

 
 
European Aeronautic Defense and Space Company
 
Common and Preferred Stock 2,467 shares
 
237,942

 
 
United Parcel Service Inc. Class B
 
Common and Preferred Stock 2,434 shares
 
237,388

 
 
Visa Inc. Class A
 
Common and Preferred Stock 1,795 shares
 
236,832

 
 
Parker/Hannifin Corporation
 
Common and Preferred Stock 1,574 shares
 
234,746

 
 
Amazon Inc.
 
Common and Preferred Stock 155 shares
 
232,805

 
 
Teradyne, Inc.
 
Common and Preferred Stock 7,415 shares
 
232,683

 
 
Wells Fargo & Company*
 
Common and Preferred Stock 4,750 shares
 
218,880

 
 
Charter Communications, Inc. Class A
 
Common and Preferred Stock 692 shares
 
197,199

 
 
S&P Global Inc.
 
Common and Preferred Stock 1,131 shares
 
192,202

 
 
The Charles Schwab Corporation
 
Common and Preferred Stock 4,600 shares
 
191,038

 
 
Facebook Inc. Class A
 
Common and Preferred Stock 1,387 shares
 
181,822

 
 
State Street Corporation
 
Common and Preferred Stock 2,769 shares
 
174,641

 

13


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


Identity of Issue
 
Description of Investment
 
Current Value
 
Sanofi/Aventis
 
Common and Preferred Stock 3,900 shares
 
169,299

 
 
Oracle Corporation
 
Common and Preferred Stock 3,726 shares
 
168,229

 
 
Bank of America Corporation*
 
Common and Preferred Stock 6,700 shares
 
165,088

 
 
AmerisourceBergen Corp.
 
Common and Preferred Stock 2,203 shares
 
163,903

 
 
Novartis AG
 
Common and Preferred Stock 1,900 shares
 
163,039

 
 
Capital One Financial Corporation
 
Common and Preferred Stock 2,050 shares
 
154,960

 
 
Cigna Corporation
 
Common and Preferred Stock 811 shares
 
154,052

 
 
American Express Company
 
Common and Preferred Stock 1,600 shares
 
152,512

 
 
J.P. Morgan Chase & Company*
 
Common and Preferred Stock 1,550 shares
 
151,311

 
 
Bank of New York Mellon Corporation
 
Common and Preferred Stock 3,100 shares
 
145,917

 
 
Axis Capital Holdings Limited
 
Common and Preferred Stock 2,777 shares
 
143,404

 
 
FedEx Corporation
 
Common and Preferred Stock 850 shares
 
137,131

 
 
Twenty-First Century Fox, Inc. Class A
 
Common and Preferred Stock 2,750 shares
 
132,330

 
 
AstraZeneca PLC
 
Common and Preferred Stock 3,400 shares
 
129,132

 
 
Roche Holdings Ltd.
 
Common and Preferred Stock 4,100 shares
 
127,428

 
 
Bristol/Myers Squibb Company
 
Common and Preferred Stock 2,400 shares
 
124,752

 
 
Johnson Controls International PLC
 
Common and Preferred Stock 4,043 shares
 
119,875

 
 
GlaxoSmithKline PLC
 
Common and Preferred Stock 3,100 shares
 
118,451

 
 
MetLife, Inc.*
 
Common and Preferred Stock 2,850 shares
 
117,021

 
 
Anadarko Petroleum Corporation
 
Common and Preferred Stock 2,600 shares
 
113,984

 
 
Eli Lilly and Company
 
Common and Preferred Stock 950 shares
 
109,934

 
 
Everest Re Group Ltd
 
Common and Preferred Stock 490 shares
 
106,702

 
 
Hewlett Packard Enterprise Company
 
Common and Preferred Stock 8,000 shares
 
105,680

 
 
HP Inc.
 
Common and Preferred Stock 5,000 shares
 
102,300

 
 
The Goldman Sachs Group Inc.
 
Common and Preferred Stock 600 shares
 
100,230

 
 
Cisco Systems, Inc.
 
Common and Preferred Stock 2,200 shares
 
95,326

 
 
Booking Holdings Inc.
 
Common and Preferred Stock 55 shares
 
94,733

 
 
UnitedHealth Group Inc.
 
Common and Preferred Stock 375 shares
 
93,420

 
 
Occidental Petroleum Corporation
 
Common and Preferred Stock 1,500 shares
 
92,070

 
 
United Technologies Corporation
 
Common and Preferred Stock 800 shares
 
85,184

 
 
TE Connectivity Limited
 
Common and Preferred Stock 1,100 shares
 
83,193

 
 
Baker Hughes
 
Common and Preferred Stock 3,600 shares
 
77,400

 
 
Microchip Technology Inc.
 
Common and Preferred Stock 1,000 shares
 
71,920

 
 
Apache Corporation
 
Common and Preferred Stock 2,700 shares
 
70,875

 
 
Gilead Sciences Inc.
 
Common and Preferred Stock 1,000 shares
 
62,550

 
 
Juniper Networks, Inc.
 
Common and Preferred Stock 2,200 shares
 
59,202

 
 
Qurate Retail Inc.
 
Common and Preferred Stock 3,000 shares
 
58,560

 
 
Celanese Corporation
 
Common and Preferred Stock 650 shares
 
58,481

 
 
Schlumberger Limited
 
Common and Preferred Stock 1,500 shares
 
54,120

 
 
BB&T Corporation
 
Common and Preferred Stock 1,150 shares
 
49,818

 
 
Union Pacific Corporation
 
Common and Preferred Stock 325 shares
 
44,925

 
 
Micro Focus International PLC
 
Common and Preferred Stock 2,388 shares
 
41,097

 
 
Halliburton Company
 
Common and Preferred Stock 1,500 shares
 
39,870

 
 
Twenty-First Century Fox, Inc. Class B
 
Common and Preferred Stock 800 shares
 
38,224

 
 
Danaher Corporation
 
Common and Preferred Stock 350 shares
 
36,092

 
 
AT&T Inc.
 
Common and Preferred Stock 1,214 shares
 
34,648

 
 
Sprint Corporation
 
Common and Preferred Stock 5,724 shares
 
33,314

 

14


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


Identity of Issue
 
Description of Investment
 
Current Value
 
Zayo Group Holdings Inc.
 
Common and Preferred Stock 1,400 shares
 
31,976

 
 
Molson Coors Brewing Class B
 
Common and Preferred Stock 550 shares
 
30,888

 
 
Concho Resources Inc.
 
Common and Preferred Stock 300 shares
 
30,837

 
 
Dell Technologies Inc. Class C
 
Common and Preferred Stock 591 shares
 
28,875

 
 
Maxim Integrated Products, Inc.
 
Common and Preferred Stock 550 shares
 
27,968

 
 
Dish Network Corporation Class A
 
Common and Preferred Stock 1,100 shares
 
27,467

 
 
Medtronic PLC
 
Common and Preferred Stock 300 shares
 
27,288

 
 
Aegon N.V.*
 
Common and Preferred Stock 5,700 shares
 
26,505

 
 
Incyte Corporation
 
Common and Preferred Stock 400 shares
 
25,436

 
 
Brighthouse Financial Inc.
 
Common and Preferred Stock 677 shares
 
20,635

 
 
Mattel Inc.
 
Common and Preferred Stock 2,000 shares
 
19,980

 
 
Harley/Davidson
 
Common and Preferred Stock 550 shares
 
18,766

 
 
Ball Corporation
 
Common and Preferred Stock 400 shares
 
18,392

 
 
Alnylam Pharmaceuticals, Inc.
 
Common and Preferred Stock 250 shares
 
18,228

 
 
Gap Inc.
 
Common and Preferred Stock 700 shares
 
18,032

 
 
Alphabet Inc. Class A
 
Common and Preferred Stock 10 shares
 
10,450

 
 
News Corporation Class A
 
Common and Preferred Stock 700 shares
 
7,945

 
 
Weatherford International Ltd.
 
Common and Preferred Stock 2,000 shares
 
1,118

 
Total Large Cap Value Asset Class
 
 
 
 
12,538,040

 
 
 
 
 
 
 
Participant Self-Directed Brokerage Accounts
 
Various Investments
 
2,145,935

 
 
 
 
 
 
 
2,145,935

 
 
 
 
 
 
 
Real Estate Investment Trust (REIT) Asset Class:
 
 
 
 
 
 
Vanguard Specialized Portfolios REIT Index Fund Institutional Class
 
Mutual Fund 520,464 units
 
8,514,799

 
 
NT Collective Global Real Estate Index Fund - Non Lending*
 
Collective Trust Fund 4,695 units
 
899,046

 
Total REIT Asset Class
 
 
 
 
9,413,845

 
 
 
 
 
 
 
Small-Mid Cap Growth Asset Class:
 
 
 
 
 
 
Wasatch Small Cap Growth Fund
 
Mutual Fund 130,025 units
 
4,175,094

 
 
NT Collective Russell 2000 Growth Index Fund / Non Lending*
 
Collective Trust Fund 2,793 units
 
868,963

 
 
Green Dot Corporation Stock
 
Common and Preferred Stock 1,931 shares
 
153,553

 
 
Zebra Technologies Corporation
 
Common and Preferred Stock 955 shares
 
152,065

 
 
Zendesk, Inc.
 
Common and Preferred Stock 2,350 shares
 
137,170

 
 
Molina Healthcare Inc.
 
Common and Preferred Stock 1,158 shares
 
134,583

 
 
Dexcom Inc.
 
Common and Preferred Stock 1,102 shares
 
132,020

 
 
IAC/InterActiveCorp
 
Common and Preferred Stock 662 shares
 
121,172

 
 
Five9 Inc.
 
Common and Preferred Stock 2,665 shares
 
116,514

 
 
RingCentral, Inc. Class A
 
Common and Preferred Stock 1,413 shares
 
116,488

 
 
NT Collective Short Term Investment Fund*
 
Collective Trust Fund 113,737 units
 
113,737

 
 
Chegg Inc.
 
Common and Preferred Stock 3,328 shares
 
94,582

 
 
Etsy Inc.
 
Common and Preferred Stock 1,901 shares
 
90,431

 
 
Lululemon Athletica Inc.
 
Common and Preferred Stock 717 shares
 
87,194

 
 
Ulta Salon, Cosmetics & Fragrance, Inc.
 
Common and Preferred Stock 352 shares
 
86,184

 
 
Wright Medical Group NV
 
Common and Preferred Stock 3,128 shares
 
85,144

 

15


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


Identity of Issue
 
Description of Investment
 
Current Value
 
CoStar Group Inc.
 
Common and Preferred Stock 246 shares
 
82,986

 
 
Abiomed Inc.
 
Common and Preferred Stock 244 shares
 
79,310

 
 
G-III Apparel Group Limited
 
Common and Preferred Stock 2,829 shares
 
78,901

 
 
Cree Inc.
 
Common and Preferred Stock 1,792 shares
 
76,653

 
 
Haemonetics Corporation
 
Common and Preferred Stock 766 shares
 
76,638

 
 
Keysight Technologies Inc.
 
Common and Preferred Stock 1,233 shares
 
76,545

 
 
Spirit Airlines, Inc.
 
Common and Preferred Stock 1,309 shares
 
75,817

 
 
Tandem Diabetes Care Inc.
 
Common and Preferred Stock 1,956 shares
 
74,269

 
 
Evolent Health Inc. Class A Class A
 
Common and Preferred Stock 3,690 shares
 
73,616

 
 
Grubhub Inc.
 
Common and Preferred Stock 858 shares
 
65,903

 
 
Irobot Corporation
 
Common and Preferred Stock 765 shares
 
64,061

 
 
Inter Parfums, Inc.
 
Common and Preferred Stock 933 shares
 
61,177

 
 
Array BioPharma Inc.
 
Common and Preferred Stock 4,245 shares
 
60,491

 
 
Q2 Holdings Inc.
 
Common and Preferred Stock 1,203 shares
 
59,609

 
 
Dolby Laboratories Inc. Class A
 
Common and Preferred Stock 962 shares
 
59,490

 
 
SBV Financial Group
 
Common and Preferred Stock 304 shares
 
57,736

 
 
PTC Inc.
 
Common and Preferred Stock 639 shares
 
52,973

 
 
Five Below, Inc.
 
Common and Preferred Stock 508 shares
 
51,979

 
 
Neurocrine Biosciences, Inc.
 
Common and Preferred Stock 705 shares
 
50,344

 
 
Advance Auto Parts Inc.
 
Common and Preferred Stock 309 shares
 
48,655

 
 
Teradyne, Inc.
 
Common and Preferred Stock 1,536 shares
 
48,200

 
 
Chart Industries Inc.
 
Common and Preferred Stock 710 shares
 
46,171

 
 
Insulet Corporation
 
Common and Preferred Stock 566 shares
 
44,895

 
 
Glu Mobile Inc.
 
Common and Preferred Stock 5,468 shares
 
44,127

 
 
Twilio Inc. Class A
 
Common and Preferred Stock 485 shares
 
43,311

 
 
Semtech Corporation
 
Common and Preferred Stock 919 shares
 
42,155

 
 
Alaska Air Group Inc.
 
Common and Preferred Stock 685 shares
 
41,682

 
 
Madison Square Garden Company Class A
 
Common and Preferred Stock 152 shares
 
40,690

 
 
TransUnion
 
Common and Preferred Stock 714 shares
 
40,555

 
 
Vail Resorts Inc.
 
Common and Preferred Stock 189 shares
 
39,845

 
 
Rapid7 Inc.
 
Common and Preferred Stock 1,278 shares
 
39,822

 
 
Urban Outfitters Inc.
 
Common and Preferred Stock 1,196 shares
 
39,707

 
 
Exact Sciences Corporation
 
Common and Preferred Stock 627 shares
 
39,564

 
 
Bio/Rad Laboratories, Inc. Class A
 
Common and Preferred Stock 165 shares
 
38,316

 
 
Tiffany & Company
 
Common and Preferred Stock 465 shares
 
37,437

 
 
Aerie Pharmaceuticals Inc.
 
Common and Preferred Stock 991 shares
 
35,775

 
 
Pure Storage Inc. Class A
 
Common and Preferred Stock 2,219 shares
 
35,682

 
 
Sage Therapeutics Inc.
 
Common and Preferred Stock 336 shares
 
32,185

 
 
Sarepta Therapeutics Inc.
 
Common and Preferred Stock 285 shares
 
31,102

 
 
Diamondback Energy Inc.
 
Common and Preferred Stock 330 shares
 
30,591

 
 
Burlington Stores Inc.
 
Common and Preferred Stock 187 shares
 
30,419

 
 
Callon Petroleum Company
 
Common and Preferred Stock 4,629 shares
 
30,042

 
 
BJs Restaurants Inc.
 
Common and Preferred Stock 590 shares
 
29,836

 
 
Advanced Micro Devices Inc.
 
Common and Preferred Stock 1,586 shares
 
29,278

 
 
Wex Inc.
 
Common and Preferred Stock 199 shares
 
27,872

 
 
Strategic Education Inc.
 
Common and Preferred Stock 236 shares
 
26,767

 
 
MSCI Inc. Common
 
Common and Preferred Stock 170 shares
 
25,063

 

16


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


Identity of Issue
 
Description of Investment
 
Current Value
 
Mongodb Inc. Class A Class A
 
Common and Preferred Stock 282 shares
 
23,615

 
 
GoDaddy Inc. Class A
 
Common and Preferred Stock 358 shares
 
23,492

 
 
Madrigal Pharmaceuticals Inc.
 
Common and Preferred Stock 185 shares
 
20,853

 
 
Trupanion Inc.
 
Common and Preferred Stock 730 shares
 
18,586

 
 
Harsco Corporation
 
Common and Preferred Stock 911 shares
 
18,092

 
 
Intra/Cellular Therapies, Inc.
 
Common and Preferred Stock 1,311 shares
 
14,932

 
 
Malibu Boats Inc. Class A
 
Common and Preferred Stock 429 shares
 
14,929

 
 
Viking Therapeutics Inc.
 
Common and Preferred Stock 1,920 shares
 
14,688

 
 
Amedisys Inc.
 
Common and Preferred Stock 115 shares
 
13,468

 
Total Small-Mid Cap Growth Asset Class
 
 
 
 
9,145,791

 
 
 
 
 
 
 
Small-Mid Cap Index Asset Class:
 
 
 
 
 
 
NT Collective Extended Equity Market Index Fund / Non Lending*
 
Collective Trust Fund 118,588 units
 
20,489,553

 
Total Small-Mid Cap Index Asset Class
 
 
 
 
20,489,553

 
 
 
 
 
 
 
Small-Mid Cap Value Asset Class:
 
 
 
 
 
 
NT Collective Russell 2000 Value Index Fund / Non Lending*
 
Collective Trust Fund 10,739 units
 
2,900,061

 
 
NT Collective Short Term Investment Fund*
 
Collective Trust Fund 906,044 units
 
906,044

 
 
Popular, Inc.*
 
Common and Preferred Stock 10,980 shares
 
518,476

 
 
Citigroup Inc.
 
Common and Preferred Stock 12,380 shares
 
473,783

 
 
Tri Pointe Group Inc.
 
Common and Preferred Stock 40,665 shares
 
444,468

 
 
Whiting Petroleum Corporation
 
Common and Preferred Stock 15,625 shares
 
354,531

 
 
Ameris Bancorp
 
Common and Preferred Stock 10,375 shares
 
328,576

 
 
Hewlett Packard Enterprise Company
 
Common and Preferred Stock 24,600 shares
 
324,966

 
 
Citizens Financial Group, Inc.
 
Common and Preferred Stock 10,600 shares
 
315,138

 
 
First Horizon National Corporation
 
Common and Preferred Stock 23,749 shares
 
312,537

 
 
KBR Inc.
 
Common and Preferred Stock 20,410 shares
 
309,824

 
 
Axis Capital Holdings Limited
 
Common and Preferred Stock 5,585 shares
 
288,409

 
 
RenaissanceRe Holdings Limited
 
Common and Preferred Stock 2,020 shares
 
270,074

 
 
Mellanox Technologies Limited
 
Common and Preferred Stock 2,765 shares
 
255,431

 
 
Goodyear Tire & Rubber Company
 
Common and Preferred Stock 11,800 shares
 
240,838

 
 
Bemis Company Inc.
 
Common and Preferred Stock 5,056 shares
 
232,070

 
 
Western Alliance Bancorporation
 
Common and Preferred Stock 5,876 shares
 
232,043

 
 
Bio/Rad Laboratories, Inc. Class A
 
Common and Preferred Stock 975 shares
 
226,415

 
 
Discovery Communications, Inc. Series C
 
Common and Preferred Stock 9,800 shares
 
226,184

 
 
Kosmos Energy Limited
 
Common and Preferred Stock 54,400 shares
 
221,408

 
 
Taylor Morrison Home Corporation
 
Common and Preferred Stock 13,850 shares
 
220,215

 
 
The Bank of N.T. Butterfield & Son Limited
 
Common and Preferred Stock 7,000 shares
 
219,450

 
 
RPT Realty Shares Of Beneficial Interest
 
Common and Preferred Stock 18,155 units
 
216,952

 
 
The Geo Group, Inc.
 
Common and Preferred Stock 10,730 shares
 
211,381

 
 
Haverty Furniture Companies, Inc.
 
Common and Preferred Stock 11,175 shares
 
209,867

 
 
Avnet, Inc.
 
Common and Preferred Stock 5,800 shares
 
209,380

 
 
Reliance Steel & Aluminum Company
 
Common and Preferred Stock 2,935 shares
 
208,884

 
 
ARRIS International PLC
 
Common and Preferred Stock 6,800 shares
 
207,876

 
 
EnerSys
 
Common and Preferred Stock 2,655 shares
 
206,055

 

17


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


Identity of Issue
 
Description of Investment
 
Current Value
 
BorgWarner Inc.
 
Common and Preferred Stock 5,815 shares
 
202,013

 
 
Office Depot, Inc.
 
Common and Preferred Stock 76,800 shares
 
198,144

 
 
Allegheny Technologies Inc.
 
Common and Preferred Stock 9,080 shares
 
197,672

 
 
CNO Financial Group, Inc.
 
Common and Preferred Stock 13,190 shares
 
196,267

 
 
Cairn Energy PLC
 
Common and Preferred Stock 51,700 shares
 
193,875

 
 
Quanta Services Inc.
 
Common and Preferred Stock 6,270 shares
 
188,727

 
 
Carrizo Oil & Gas Inc.
 
Common and Preferred Stock 16,295 shares
 
183,971

 
 
EQT Corporation
 
Common and Preferred Stock 9,675 shares
 
182,761

 
 
ICF International, Inc.
 
Common and Preferred Stock 2,780 shares
 
180,088

 
 
Foot Locker Inc.
 
Common and Preferred Stock 3,385 shares
 
180,082

 
 
McDermott International Inc.
 
Common and Preferred Stock 26,900 shares
 
175,926

 
 
Embraer SA
 
Common and Preferred Stock 7,900 shares
 
174,827

 
 
Amerco
 
Common and Preferred Stock 530 shares
 
173,898

 
 
Superior Energy Services Inc.
 
Common and Preferred Stock 51,270 shares
 
171,755

 
 
Royal Mail PLC
 
Common and Preferred Stock 24,200 shares
 
166,012

 
 
Knight-Swift Transportation Holdings Inc.
 
Common and Preferred Stock 6,620 shares
 
165,963

 
 
Kemper Corporation
 
Common and Preferred Stock 2,480 shares
 
164,622

 
 
Innospec Inc.
 
Common and Preferred Stock 2,584 shares
 
159,588

 
 
Coherent, Inc.
 
Common and Preferred Stock 1,509 shares
 
159,516

 
 
Equitrans Midstream Corporation NPV Wi
 
Common and Preferred Stock 7,932 shares
 
158,799

 
 
PH Glatfelter Company
 
Common and Preferred Stock 15,985 shares
 
156,014

 
 
Acacia Communications Inc.
 
Common and Preferred Stock 4,100 shares
 
155,800

 
 
Navistar International Corporation
 
Common and Preferred Stock 6,000 shares
 
155,700

 
 
C&J Energy Services Inc.
 
Common and Preferred Stock 11,000 shares
 
148,500

 
 
Generac Holdings Inc.
 
Common and Preferred Stock 2,980 shares
 
148,106

 
 
United Financial Bancorp Inc.
 
Common and Preferred Stock 10,060 shares
 
147,882

 
 
Getty Realty Corporation
 
Common and Preferred Stock 4,940 units
 
145,285

 
 
Jacobs Engineering Group Inc.
 
Common and Preferred Stock 2,405 shares
 
140,596

 
 
Neophotonics Corporation
 
Common and Preferred Stock 21,300 shares
 
138,024

 
 
Albany International Corporation Class A
 
Common and Preferred Stock 2,200 shares
 
137,346

 
 
ViaSat, Inc.
 
Common and Preferred Stock 2,320 shares
 
136,764

 
 
Synchrony Financial
 
Common and Preferred Stock 5,800 shares
 
136,068

 
 
Reinsurance Group of America, Inc.
 
Common and Preferred Stock 955 shares
 
133,920

 
 
Great Lakes Dredge & Dock Corporation
 
Common and Preferred Stock 20,160 shares
 
133,459

 
 
Mammoth Energy Services Inc.
 
Common and Preferred Stock 7,380 shares
 
132,692

 
 
Tutor Perini Corporation
 
Common and Preferred Stock 8,290 shares
 
132,391

 
 
Banner Corporation
 
Common and Preferred Stock 2,460 shares
 
131,561

 
 
Gulfport Energy Corporation
 
Common and Preferred Stock 20,080 shares
 
131,524

 
 
MGIC Investment Corporation
 
Common and Preferred Stock 12,570 shares
 
131,482

 
 
PPDC Energy Inc.
 
Common and Preferred Stock 4,390 shares
 
130,646

 
 
AXA Equitable Holdings Inc.
 
Common and Preferred Stock 7,800 shares
 
129,714

 
 
HomeStreet Inc.
 
Common and Preferred Stock 6,100 shares
 
129,503

 
 
Ophir Energy Company
 
Common and Preferred Stock 141,200 shares
 
128,393

 
 
Bunge Limited
 
Common and Preferred Stock 2,400 shares
 
128,256

 
 
Magna International Inc.
 
Common and Preferred Stock 2,800 shares
 
127,260

 
 
Netscout Systems Inc.
 
Common and Preferred Stock 5,310 shares
 
125,475

 
 
Teradyne, Inc.
 
Common and Preferred Stock 3,995 shares
 
125,363

 

18


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


Identity of Issue
 
Description of Investment
 
Current Value
 
LivaNova PLC
 
Common and Preferred Stock 1,365 shares
 
124,857

 
 
Brandywine Realty Trust
 
Common and Preferred Stock 9,701 units
 
124,852

 
 
Astronics Corporation
 
Common and Preferred Stock 4,100 shares
 
124,845

 
 
Carpenter Technology Corporation
 
Common and Preferred Stock 3,500 shares
 
124,635

 
 
BMC Stock Holdings Inc.
 
Common and Preferred Stock 7,835 shares
 
121,286

 
 
Texas Capital Bancshares, Inc.
 
Common and Preferred Stock 2,370 shares
 
121,083

 
 
Cummins Inc.
 
Common and Preferred Stock 905 shares
 
120,944

 
 
Fulton Financial Corporation
 
Common and Preferred Stock 7,430 shares
 
115,016

 
 
PPL Corporation ISIN US69351T1060
 
Common and Preferred Stock 3,900 shares
 
110,487

 
 
Ally Financial Inc.
 
Common and Preferred Stock 4,700 shares
 
106,502

 
 
Ardmore Shipping Corporation
 
Common and Preferred Stock 22,660 shares
 
105,822

 
 
Smart Global Holdings Inc. Common Stock
 
Common and Preferred Stock 3,550 shares
 
105,435

 
 
Spirit Airlines, Inc.
 
Common and Preferred Stock 1,820 shares
 
105,414

 
 
Cypress Semiconductor Corporation
 
Common and Preferred Stock 8,215 shares
 
104,495

 
 
Apogee Enterprises, Inc.
 
Common and Preferred Stock 3,460 shares
 
103,281

 
 
Central Pacific Financial Corporation
 
Common and Preferred Stock 4,200 shares
 
102,270

 
 
Haynes International Inc.
 
Common and Preferred Stock 3,760 shares
 
99,264

 
 
Microstrategy Inc. Class A
 
Common and Preferred Stock 770 shares
 
98,368

 
 
High Point Resources Corporation
 
Common and Preferred Stock 39,250 shares
 
97,733

 
 
LGI Homes Inc.
 
Common and Preferred Stock 2,150 shares
 
97,223

 
 
Apache Corporation
 
Common and Preferred Stock 3,700 shares
 
97,125

 
 
Bed Bath & Beyond Inc.
 
Common and Preferred Stock 8,400 shares
 
95,088

 
 
Century Communities, Inc.
 
Common and Preferred Stock 5,470 shares
 
94,412

 
 
Discover Financial Services
 
Common and Preferred Stock 1,600 shares
 
94,368

 
 
National Bank Holdings Corporation Class A
 
Common and Preferred Stock 3,000 shares
 
92,610

 
 
Pacwest Bancorp Company
 
Common and Preferred Stock 2,770 shares
 
92,186

 
 
Schweitzer-Mauduit International Inc.
 
Common and Preferred Stock 3,560 shares
 
89,178

 
 
Mallinckrodt PLC
 
Common and Preferred Stock 5,600 shares
 
88,480

 
 
First Foundation Inc.
 
Common and Preferred Stock 6,820 shares
 
87,705

 
 
Euronet Worldwide, Inc.
 
Common and Preferred Stock 850 shares
 
87,023

 
 
Essent Group Limited
 
Common and Preferred Stock 2,520 shares
 
86,134

 
 
Northfield Bancorp Inc.
 
Common and Preferred Stock 6,320 shares
 
85,636

 
 
Corning Inc.
 
Common and Preferred Stock 2,800 shares
 
84,588

 
 
FreightCar America, Inc.
 
Common and Preferred Stock 12,630 shares
 
84,495

 
 
Commscope Holding Company Inc.
 
Common and Preferred Stock 5,100 shares
 
83,589

 
 
Tower International Inc.
 
Common and Preferred Stock 3,500 shares
 
83,300

 
 
News Corporation Class A
 
Common and Preferred Stock 7,300 shares
 
82,855

 
 
Brixmor Property Group Inc.
 
Common and Preferred Stock 5,640 shares
 
82,852

 
 
Snap-On Incorporated
 
Common and Preferred Stock 555 shares
 
80,636

 
 
Orion Marine Group, Inc.
 
Common and Preferred Stock 18,480 shares
 
79,279

 
 
Ladder Capital Corporation
 
Common and Preferred Stock 5,080 shares
 
78,588

 
 
Peapack/Gladstone Financial Corporation
 
Common and Preferred Stock 3,110 shares
 
78,310

 
 
ManpowerGroup Inc.
 
Common and Preferred Stock 1,200 shares
 
77,760

 
 
Commvault Systems Inc.
 
Common and Preferred Stock 1,310 shares
 
77,408

 
 
Extreme Networks Inc.
 
Common and Preferred Stock 12,630 shares
 
77,043

 
 
Del Taco Restaurants Inc.
 
Common and Preferred Stock 7,690 shares
 
76,823

 
 
Piedmont Office Realty Tru-A
 
Common and Preferred Stock 4,480 shares
 
76,339

 

19


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


Identity of Issue
 
Description of Investment
 
Current Value
 
Qorvo, Inc.
 
Common and Preferred Stock 1,255 shares
 
76,216

 
 
Granite Construction Inc.
 
Common and Preferred Stock 1,880 shares
 
75,726

 
 
Scorpio Tankers Inc.
 
Common and Preferred Stock 41,560 shares
 
73,146

 
 
Equity Commonwealth
 
Common and Preferred Stock 2,430 shares
 
72,924

 
 
Murphy Oil Corporation
 
Common and Preferred Stock 3,000 shares
 
70,170

 
 
Ericsson Inc.
 
Common and Preferred Stock 7,800 shares
 
69,186

 
 
Kennedy/Wilson Holdings, Inc.
 
Common and Preferred Stock 3,750 shares
 
68,138

 
 
The Hanover Insurance Group, Inc.
 
Common and Preferred Stock 580 shares
 
67,727

 
 
Parsley Energy Inc. Class A
 
Common and Preferred Stock 4,205 shares
 
67,196

 
 
Solaris Oilfield Infrastructure Inc. Class Acl A
 
Common and Preferred Stock 5,540 shares
 
66,979

 
 
Air Transport Services Group Inc.
 
Common and Preferred Stock 2,930 shares
 
66,833

 
 
Adient PLC
 
Common and Preferred Stock 4,400 shares
 
66,264

 
 
Tile Shop Holdings Inc.
 
Common and Preferred Stock 12,060 shares
 
66,089

 
 
Hibbett Sports Inc.
 
Common and Preferred Stock 4,600 shares
 
65,780

 
 
Nexpoint Residential Trust Inc.
 
Common and Preferred Stock 1,840 shares
 
64,492

 
 
Portland General Electric Company
 
Common and Preferred Stock 1,390 shares
 
63,732

 
 
Investors Real Estate Trust Shares Of Beneficial Interest (Post Rev Split)
 
Common and Preferred Stock 1,292 shares
 
63,398

 
 
Industrial Logistics Properties Treasury Shares Beneficial Interest Shares
 
Common and Preferred Stock 3,170 shares
 
62,354

 
 
Enstar Group Ltd.
 
Common and Preferred Stock 370 shares
 
62,001

 
 
United Community Bank Blairsville Georgia
 
Common and Preferred Stock 2,880 shares
 
61,805

 
 
Origin Bancorp Inc.
 
Common and Preferred Stock 1,800 shares
 
61,344

 
 
Santander Consumer USA Holdings, Inc.
 
Common and Preferred Stock 3,400 shares
 
59,806

 
 
UMH Properties Inc.
 
Common and Preferred Stock 5,000 shares
 
59,200

 
 
Covanta Holding Corporation
 
Common and Preferred Stock 4,380 shares
 
58,780

 
 
YRC Worldwide Inc.
 
Common and Preferred Stock 18,560 shares
 
58,464

 
 
State Bank Financial Corporation
 
Common and Preferred Stock 2,640 shares
 
56,998

 
 
Sallie Mae Corporation
 
Common and Preferred Stock 6,800 shares
 
56,508

 
 
Fifth Third Bancorp
 
Common and Preferred Stock 2,400 shares
 
56,472

 
 
Colony Capital Inc. Class A
 
Common and Preferred Stock 12,000 shares
 
56,160

 
 
Avis Budget Group Inc.
 
Common and Preferred Stock 2,400 shares
 
53,952

 
 
QAD Inc. Class A
 
Common and Preferred Stock 1,360 shares
 
53,489

 
 
Mesa Air Group Inc.
 
Common and Preferred Stock 6,840 shares
 
52,736

 
 
ALLETE Inc.
 
Common and Preferred Stock 690 shares
 
52,592

 
 
Ooma Inc.
 
Common and Preferred Stock 3,780 shares
 
52,466

 
 
Stealthgas Inc.
 
Common and Preferred Stock 18,700 shares
 
51,612

 
 
Lattice Semiconductor Company
 
Common and Preferred Stock 7,305 shares
 
50,551

 
 
PNM Resources, Inc.
 
Common and Preferred Stock 1,230 shares
 
50,541

 
 
NorthWestern Corporation
 
Common and Preferred Stock 850 shares
 
50,524

 
 
Boise Cascade Company
 
Common and Preferred Stock 2,100 shares
 
50,085

 
 
Libbey, Inc.
 
Common and Preferred Stock 11,860 shares
 
46,017

 
 
Allison Transmission Holdings, Inc.
 
Common and Preferred Stock 1,000 shares
 
43,910

 
 
CBS Corporation Class B
 
Common and Preferred Stock 1,000 shares
 
43,720

 
 
Teradata Corporation
 
Common and Preferred Stock 1,100 shares
 
42,196

 
 
Kearny Financial Corporation
 
Common and Preferred Stock 3,290 shares
 
42,178

 
 
Zimmer Biomet Holdings Inc
 
Common and Preferred Stock 400 shares
 
41,488

 

20


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


Identity of Issue
 
Description of Investment
 
Current Value
 
Materion Corporation
 
Common and Preferred Stock 895 shares
 
40,266

 
 
Accuray Inc.
 
Common and Preferred Stock 11,670 shares
 
39,795

 
 
NRG Energy, Inc.
 
Common and Preferred Stock 1,000 shares
 
39,600

 
 
e.l.f. Beauty Inc.
 
Common and Preferred Stock 4,530 shares
 
39,230

 
 
Tailored Brands Inc.
 
Common and Preferred Stock 2,830 shares
 
38,601

 
 
State Street Corporation
 
Common and Preferred Stock 600 shares
 
37,842

 
 
Alleghany Corporation
 
Common and Preferred Stock 60 shares
 
37,399

 
 
Interpublic Group Companies Inc.
 
Common and Preferred Stock 1,800 shares
 
37,134

 
 
NN Inc.
 
Common and Preferred Stock 5,290 shares
 
35,496

 
 
Eclipse Resources Corporation
 
Common and Preferred Stock 32,610 shares
 
34,241

 
 
Franks International NV
 
Common and Preferred Stock 6,100 shares
 
31,842

 
 
El Paso Electric Company
 
Common and Preferred Stock 630 shares
 
31,582

 
 
MDC Partners Inc. Class A
 
Common and Preferred Stock 11,540 shares
 
30,119

 
 
Aerohive Networks Inc.
 
Common and Preferred Stock 9,120 shares
 
29,731

 
 
Tetra Tech, Inc.
 
Common and Preferred Stock 17,050 shares
 
28,644

 
 
Ribbon Communications Inc.
 
Common and Preferred Stock 5,660 shares
 
27,281

 
 
KEYW Holding Corporation
 
Common and Preferred Stock 4,000 shares
 
26,760

 
 
Trinity Biotech PLC
 
Common and Preferred Stock 10,640 shares
 
24,366

 
 
Marathon Oil Corporation
 
Common and Preferred Stock 1,500 shares
 
21,510

 
 
Potlatchdeltic Corporation
 
Common and Preferred Stock 580 shares
 
18,351

 
 
Onespan Inc.
 
Common and Preferred Stock 1,360 shares
 
17,612

 
 
Delek US Holdings Inc.
 
Common and Preferred Stock 520 shares
 
16,905

 
 
Hess Corporation LLC
 
Common and Preferred Stock 400 shares
 
16,200

 
 
Ferroglobe PLC
 
Common and Preferred Stock 10,100 shares
 
16,059

 
 
Servicesource International
 
Common and Preferred Stock 14,740 shares
 
15,919

 
 
Resolute Energy Corporation
 
Common and Preferred Stock 540 shares
 
15,649

 
 
Tetra Tech, Inc.
 
Warrant 6,560 shares
 
722

 
Total Small-Mid Cap Value Asset Class
 
 
 
 
26,471,989

 
 
 
 
 
 
 
Notes Receivable From Participants*
 
Interest Rate 4.25% - 9.25%
 
13,559,277

 
 
 
 
 
 
 
13,559,277

 
 
 
 
 
 
 
Grand Total
 

 
 
$
421,458,136

 
 
 
 
 
 
* Indicates party-in-interest
 
 
 
 


21


THE RETIREMENT AND SAVINGS PLAN FOR
AMGEN MANUFACTURING, LIMITED
INDEX TO EXHIBIT
 

22


SIGNATURES
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.
 
 
 
 
 
 The Retirement and Savings Plan for
 Amgen Manufacturing, Limited
 (Name of Plan)
 
 
 
 
 
 
 
Date:
June 17, 2019
 
 
By:
 
/s/ DAVID W. MELINE
 
 
 
 
 
 
David W. Meline
 
 
 
 
 
 
Deputy Chairman and Chief Financial Officer
 
 
 
 
 
 
Amgen Manufacturing, Limited

23
 EX-23.1 2 amgn-ex231_20181231xpr.htm CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM Exhibit


Exhibit 23.1


CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We consent to the incorporation by reference in the Registration Statements (Form S-8 Nos. 33-47605, 333-144580 and 333-216715) pertaining to The Retirement and Savings Plan for Amgen Manufacturing, Limited of Amgen Inc. of our report dated June 17, 2019, with respect to the financial statements and schedule of The Retirement and Savings Plan for Amgen Manufacturing, Limited included in this Annual Report (Form 11-K) for the year ended December 31, 2018.

/s/ ERNST & YOUNG LLP
Los Angeles, California
June 17, 2019