0001752724-19-004362.txt : 20190212 0001752724-19-004362.hdr.sgml : 20190212 20190212144559 ACCESSION NUMBER: 0001752724-19-004362 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20181130 FILED AS OF DATE: 20190212 DATE AS OF CHANGE: 20190212 EFFECTIVENESS DATE: 20190212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY CONCORD STREET TRUST CENTRAL INDEX KEY: 0000819118 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-05251 FILM NUMBER: 19590043 BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 617-563-7000 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY INSTITUTIONAL TRUST DATE OF NAME CHANGE: 19920703 0000819118 S000055366 Fidelity Nasdaq Composite Index Fund 0000819118 S000055367 Fidelity Series 100 Index Fund N-CEN 1 primary_doc.xml X0101 N-CEN LIVE 0000819118 XXXXXXXX 811-05251 true false false N-1A S000055366 true S000055367 true FIDELITY CONCORD STREET TRUST 811-05251 0000819118 EEX0N4ID1C226M44VF22 245 Summer Street Boston 02210 US-MA US 1-800-FIDELITY FIDELITY SERVICE COMPANY 245 Summer Street BOST 02210 1-800-FIDELITY Books and Records of the Fund as required to be maintained by the Investment Company Act N N N-1A 18 Y JONATHAN CHIEL N/A Y JAMES CURVEY N/A Y CORNELIA SMALL N/A N DAVID THOMAS N/A N CHARLES MORRISON II 004650274 Y NED LAUTENBACH N/A N ALAN LACY N/A N DONALD DONAHUE N/A N DENNIS DIRKS N/A N JOSEPH MAURIELLO N/A N GARNETT SMITH N/A N KENNETH ROBINS 006242664 245 SUMMER STREET BOSTON 02210 XXXXXX N N N N N N FIDELITY DISTRIBUTORS CORP 8-8775 000006848 549300XG82GC06JU1803 Y N DELOITTE & TOUCHE LLP 34 549300FJV7IV1ZHGAV28 N N N N N N N Fidelity Series 100 Index Fund S000055367 MRYR8DM8YQGK1J58E173 Y 0 0 1 N N 0.00 0.00 0.00 0.00 N N Y N N GOLDMAN SACHS BANK USA KD3XUN7C6T14HNAYLU02 N N Revenue sharing split 7767.28000000 9.75000000 Rule 17e-1 (17 CFR 270.17e-1) Rule 17a-7 (17 CFR 270.17a-7) Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Y N N N FIDELITY MANAGEMENT & RESEARCH COMPANY 801-7884 000108281 5493001Z012YSB2A0K51 2018-09-06 GEODE CAPITAL MANAGEMENT, LLC 801-61117 000115504 549300R46G1X232ODH36 2018-09-06 N BLOOMBERG LP 549300B56MD0ZC402L06 N INTERCONTINENTAL EXCHANGE INC 5493000F4ZO33MV32P92 N REFINITIV 549300561UZND4C7B569 N N JPMorgan Chase Bank NA 7H6GLXDRUGQFU57RNE97 GB N Y Foreign custodian - 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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Trustees of Fidelity Concord Street Trust and the Shareholders of Fidelity Nasdaq Composite Index Fund:

In planning and performing our audit of the financial statements of Fidelity Nasdaq Composite Index Fund (the “Fund”), a fund of Fidelity Concord Street Trust, as of and for the year ended November 30, 2018, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we express no such opinion.


The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting.  In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls.  A fund’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A fund's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the fund; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the fund are being made only in accordance with authorizations of management of the fund and trustees of the trust; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of a fund's assets that could have a material effect on the financial statements.


Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis.  A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of a fund's annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Fund’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund’s internal control over financial reporting and its operation, including controls for safeguarding securities, that we consider to be a material weakness, as defined above, as of November 30, 2018.


This report is intended solely for the information and use of management, the Trustees of Fidelity Concord Street Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.



/s/ Deloitte & Touche LLP



Boston, Massachusetts

January 16, 2019