Document
FORM 11-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
(Mark One)
[X ] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2020
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from ____________ to ______________
Commission file number 001-13958
A. Full title of the Plan and the address of the Plan, if different from that of the issuer named below:
THE HARTFORD INVESTMENT AND SAVINGS PLAN
B. Name of issuer of the securities held pursuant to the Plan and the address of its principal executive office:
THE HARTFORD FINANCIAL SERVICES GROUP, INC.
One Hartford Plaza, Hartford, Connecticut 06155
The Hartford Investment and Savings Plan
TABLE OF CONTENTS
December 31, 2020 and 2019
| | | | | |
| Page No(s). |
Report of Independent Registered Public Accounting Firm | F-3 |
Financial Statements: | |
Statements of Net Assets Available for Benefits as of December 31, 2020 and 2019 | F-4 |
Statement of Changes in Net Assets Available for Benefits for the Year Ended December 31, 2020 | F-5 |
Notes to Financial Statements as of December 31, 2020 and 2019 and for the year ended December 31, 2020 | F-6 - F-15 |
Supplemental Schedule: | |
Form 5500, Schedule H, Part IV, Line 4i - Schedule of Assets (Held at End of Year) as of December 31, 2020 | F-16 - F-43
|
Signature | F-44 - F-45 |
| |
Exhibit Index | |
Exhibit Number Exhibit Name | |
| |
All other schedules required by Section 2520.103-10 of the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 have been omitted because they are not applicable.
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Plan Participants and Plan Administrator of
The Hartford Investment and Savings Plan
Hartford, Connecticut
Opinion on the Financial Statements
We have audited the accompanying statements of net assets available for benefits of The Hartford Investment and Savings Plan (the "Plan") as of December 31, 2020 and 2019, the related statement of changes in net assets available for benefits for the year ended December 31, 2020, 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 as of December 31, 2020 and 2019, and the changes in net assets available for benefits for the year ended December 31, 2020, in conformity with accounting principles generally accepted in the United States of America.
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. 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.
Report on Supplemental Schedule
The supplemental schedule of assets (held at end of year) as of December 31, 2020, has been subjected to audit procedures performed in conjunction with the audit of the Plan's financial statements. The supplemental schedule is the responsibility of the Plan's management. Our audit procedures included determining whether the supplemental schedule 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 supplemental schedule, we evaluated whether the supplemental schedule, including its form and content, is presented in compliance 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, such schedule is fairly stated, in all material respects, in relation to the financial statements as a whole.
/s/ DELOITTE & TOUCHE LLP
Hartford, Connecticut
June 22, 2021
We have served as the auditor of the Plan since 2001.
EIN# 06-0383750
Plan# 100
THE HARTFORD INVESTMENT AND SAVINGS PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
AS OF DECEMBER 31, 2020 AND 2019
($ IN THOUSANDS)
| | | | | | | | | | | |
| 2020 | | 2019 |
Assets | | | |
Investments: | | | |
Investments, at fair value (Note 4) | $ | 4,874,491 | | | $ | 4,329,928 | |
Investments, at contract value (Note 3) | 811,455 | | | 741,963 | |
Total investments | 5,685,946 | | | 5,071,891 | |
Receivables: | | | |
Notes receivable from Members | 73,941 | | | 73,552 | |
Dividends and interest receivable | 4,338 | | | 3,085 | |
Total receivables | 78,279 | | | 76,637 | |
Total assets | 5,764,225 | | | 5,148,528 | |
Liabilities | | | |
Investment management expenses payable | 934 | | | 788 | |
Administrative expenses payable | 49 | | | 49 | |
Total liabilities | 983 | | | 837 | |
Net assets available for benefits | $ | 5,763,242 | | | $ | 5,147,691 | |
See Notes to Financial Statements.
EIN# 06-0383750
Plan# 100
THE HARTFORD INVESTMENT AND SAVINGS PLAN
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
FOR THE YEAR ENDED DECEMBER 31, 2020
($ IN THOUSANDS)
| | | | | |
| 2020 |
Additions to net assets attributed to: | |
Contributions: | |
Member contributions | $ | 180,784 | |
Employer contributions | 141,173 | |
Rollover contributions | 31,686 | |
Total contributions | 353,643 | |
| |
Investment income: | |
Net appreciation in fair value of investments | 578,297 | |
Dividends | 11,579 | |
Total investment income | 589,876 | |
| |
Interest income on notes receivable from Members | 3,886 | |
| |
Total additions | 947,405 | |
| |
Deductions from net assets attributed to: | |
Benefits paid to Members | 325,756 | |
Investment management fees | 5,863 | |
Administrative expenses | 235 | |
Total deductions | 331,854 | |
| |
Net increase in net assets | 615,551 | |
| |
Net assets available for benefits: | |
Beginning of year | 5,147,691 | |
End of year | $ | 5,763,242 | |
| |
See Notes to Financial Statements.
THE HARTFORD INVESTMENT AND SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
AS OF DECEMBER 31, 2020 AND 2019
AND FOR THE YEAR ENDED DECEMBER 31, 2020
($ IN THOUSANDS)
Note 1. Description of the Plan
The following description of The Hartford Investment and Savings Plan (the “Plan” or “ISP”) is provided for general information purposes only. Members should refer to the Plan document for more complete information. “Members” refers to eligible participants of the Plan.
The Hartford Financial Services Group, Inc. (“HFSG”, together with its subsidiaries, “The Hartford”, or the “Company”) is an insurance and financial services company. The Hartford, headquartered in Connecticut, is among the largest providers of property and casualty insurance and group life and disability products to individual and business customers in the United States of America. The Hartford is also a provider of mutual funds and exchange traded products to investors. The Plan Sponsor, Hartford Fire Insurance Company, is a wholly owned subsidiary of The Hartford.
Information with regard to eligibility, contributions, distributions, vesting, trustees, withdrawals, loans, fund redistribution and certain definitions are contained in the Plan document. A Summary Plan Description (“SPD”) setting forth the highlights of the Plan is available to Members on the Fidelity Net Benefits website. Fidelity Workplace Services LLC serves as the record keeper of the Plan.
Plan Changes
See Note 9 for a general description of amendments made to the Plan document during 2020 and 2019.
General
The Plan is a defined contribution plan covering substantially all full-time and part-time employees of the Company. The Pension Administration Committee of the Company controls and manages the operation and administration of the Plan, subject to certain exemptions that are specified in the Plan document. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).
The trust, as defined in the Plan document, is comprised of the aggregate funds held by the trustee, State Street Bank and Trust Company (the “Trustee”), under the trust agreement established for the purposes of the Plan. The Investment and Savings Plan Investment Committee (“ISPIC”) is responsible for the management of Plan assets except with respect to matters that are the responsibility of Newport Trust Company as fiduciary with respect to the common stock of HFSG (“Hartford Stock”) held in The Hartford Stock Fund. The ISPIC may from time to time add or subtract to or from investment funds, or eliminate investment funds from the group of investment funds available under the Plan, provided, however, that the ISPIC has no authority with respect to the Hartford Stock in The Hartford Stock Fund.
Contributions
Members may elect to contribute a percentage of their eligible compensation (including, overtime and certain annual bonuses and sales incentives) and may designate their contributions as before-tax, Roth 401(k), after-tax or a combination thereof. Generally, Members may contribute 1% to 50% of eligible compensation, except that Members who are highly compensated employees may have contribution limits of less than 50% due to the operation of certain tests required under the Internal Revenue Code of 1986, as amended (the “IRC”). If Members do not elect otherwise, they are automatically enrolled to make before-tax contributions equal to 6% of eligible compensation.
The Company's contributions include a non-elective contribution of 2% of eligible compensation (“Non-elective Company contributions”) and a dollar-for-dollar matching contribution of up to 6% of eligible compensation contributed by the Member each pay period (“Matching Company contributions”). Prior to January 1, 2013, in addition to matching company contributions, the Company made floor company contributions equal to 0.5% of highly compensated eligible employees’ base salary and 1.5% of all other eligible employees’ base salary.
Note 1. Description of the Plan (continued)
Member contributions in excess of 6% of the eligible compensation are supplemental savings that are not matched by the Company.
Administrative Costs
The trust pays certain administrative expenses of the Plan out of the assets of the trust. Expenses not paid by the trust are borne by the Company.
Member Accounts
Individual accounts are maintained for each Member of the Plan. Each Member’s account is credited with that Member’s contributions and allocations of the associated Matching Company contributions, Non-Elective Company contributions and any investment earnings for the Member’s account, and is charged with withdrawals and an allocation of administrative expenses and investment losses for the Member’s account. Allocations are based on Member account balances, as defined in the Plan document. The benefit to which a Member is entitled is the benefit that can be provided from that Member’s vested account balance.
Vesting
Members are 100% vested at all times with respect to Member contributions and earnings thereon. Members first hired prior to January 1, 2016 are 100% vested in Matching Company and Non-Elective Company contributions made after January 1, 2013 after two years of service. Effective January 1, 2016, Members first hired on or after January 1, 2016 are 100% vested in Matching Company contributions and Non-Elective Company contributions after three years of service.
Members are vested 20% in Matching Company contributions made prior to January 1, 2013 for each completed year of service, until five years of service at which time the Members are 100% vested. Members are fully vested in floor company contributions made prior to January 1, 2013.
Notwithstanding the foregoing statement, a Member becomes fully vested in such Member’s Matching and Non-Elective Company contribution account upon retirement (for retirement eligible Members), disability, death, reaching age 65, or upon the complete discontinuance of Company contributions or termination of the Plan.
Investment Options
Members may direct the investment of their future contributions and/or existing account balances into various investment options offered by the Plan and may change investments and transfer amounts between funds daily. Member contributions, Matching Company contributions and Non-Elective Company contributions may be invested in any of the various investment options of the Plan in multiples of 1%, as elected or deemed elected by the Member (“Member directed investments”).
Certain investment options are parties-in-interest with The Hartford. See Note 8 for further discussion.
Notes Receivable from Members
Members may borrow from their accounts to a maximum equal to the lesser of $50 or 50% of their vested account balance, reduced by any pre-existing outstanding loan amounts during the last 12 months. Loan transactions are treated as transfers between the investment funds and the loan fund. Loan terms range from one to five years, or up to 15 years for the purchase of a primary residence. The loan is secured by the balance in the Member’s account. The interest rate on a loan in a calendar quarter is set on the last business day of the prior February, May, August or November based on the prime rate provided by Thomson Reuters on that date plus one percentage point and is fixed for the term of the loan. Principal and interest is paid ratably through payroll deductions.
Payment of Benefits
On termination of service due to retirement, death, disability, or certain other reasons, Members or their designated beneficiaries may elect to receive either a lump sum amount equal to the value of their vested account balance, or, in the case of
Note 1. Description of the Plan (continued)
Members meeting certain requirements, annual installments over a period not greater than thirty years (subject to certain conditions), or annual installments over the recipient’s life expectancy. If a Member was receiving installment payments, upon the Member’s death, the designated beneficiary has the option of receiving the remaining value either in a lump sum or annual installments over the beneficiary’s life expectancy.
Distributions may be paid in cash or, with respect to The Hartford Stock Fund, in stock distributions. Members or their designated beneficiaries may also elect to defer distributions subject to certain conditions.
Forfeitures
When a Member terminates employment before he or she has vested in his or her Matching Company and Non-Elective Company contributions, the non-vested portion of the Member’s account as defined by the Plan, represents a forfeiture. The Plan document permits the use of forfeitures to either reduce future Company contributions or Plan administrative expenses for the Plan year. However, if a participant is re-employed and fulfills certain requirements, as defined in the Plan document, the account will be reinstated. At December 31, 2020 and 2019, forfeited non-vested account balances totaled $16 and $25, respectively, that had not been applied yet to future contributions or expenses.
These forfeitures are applied to reduce future Matching Company contributions. During the year ended December 31, 2020, Matching Company contributions were reduced by $3,553 from forfeitures.
Adoption of New Accounting Standards
In August 2018, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2018-13, Fair Value Measurement (Topic 820) – Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement, which amends certain disclosure requirements of ASC 820, effective for fiscal years beginning after December 15, 2019 with early adoption permitted. Early adoption is only permitted for the eliminated or modified disclosure requirements. The ASU removed the requirement to disclose the amount of and reasons for transfers between level 1 and level 2 of the fair value hierarchy as well as the policy for timing of transfers between levels. The ASU also modified the disclosure for investments in certain entities that calculate Net Asset Value ("NAV") to disclose the timing of liquidation of an investee’s assets and the date when restrictions from redemption might lapse only if the investee has communicated the timing to the Plan or announced the timing publicly. It also clarified the measurement uncertainty disclosure to communicate information about the uncertainty in measurement as of the reporting date. This disclosure is applicable to the Plan and the Plan adopted the new guidance as of December 31, 2019 and affected disclosures are incorporated in Note 4, Fair Value Measurements. There were no effects on the statements of net assets available for benefits or changes therein.
Note 2. Accounting Policies
Basis of Accounting
The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and the Department of Labor’s Rules and Regulations for Reporting and Disclosure under ERISA.
Use of Estimates
The preparation of financial statements in conformity with U.S. GAAP requires management of the Plan to make estimates and assumptions that affect the reported amounts of assets and liabilities and changes therein, and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of additions and deductions during the reporting period. Actual results could differ from those estimates.
Risks and Uncertainties
The Plan provides various investment options to its Members. Investment securities, in general, are exposed to various risks, such as interest rate, credit and overall market volatility. Due to the level of risk associated with certain investment securities, it is possible that changes in the values of investment securities, which are reflected in the Statement of Changes in Net Assets Available for Benefits, may occur in the near term and such changes could materially affect the amounts reported in the financial statements.
Note 2. Accounting Policies (continued)
The 2019 novel coronavirus ("COVID-19") outbreak, which was declared a pandemic by the World Health Organization on March 11, 2020, has negatively impacted the world economy and its future effects on the Plan’s net assets available for benefits and changes in net assets available for benefits are uncertain.
Investment Valuation and Income Recognition
The Plan’s investments are stated at fair value, except for fully benefit-responsive guaranteed investment contracts (“GICs”), which are reported at contract value. Fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Contract value is the amount Members would receive if they were to initiate permitted transactions under the terms of the Plan (see Note 3). See Note 4 for discussion on fair value measurements.
Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date. Net appreciation includes the Plan’s gains and losses on investments bought and sold as well as held during the year.
Investment expenses charged to the Plan for investments in mutual funds and collective investment trusts are charged directly against the assets of the fund and are not separately reflected. Consequently, investment expenses are reflected as a reduction of
investment gain (loss) for such investments. For investments other than mutual funds and collective investment trusts, investment expenses are recognized as expenses of the Plan.
Payment of Benefits
Benefits paid to Members are recorded when distributed.
Contributions
Member and Matching and Non-Elective Company contributions are recorded in the period during which the Company makes payroll deductions from Members’ compensation.
Excess Contribution Payable
The Plan is required to return contributions received during the Plan year in excess of the IRC limits. There were no such excess contributions in 2020 or 2019.
Notes Receivable from Members
Notes receivable from Members are measured at their unpaid principal balance plus any accrued but unpaid interest. Delinquent notes receivable from Member loans are recorded as deemed distributions based on the terms of the Plan document.
Administrative Expenses
Certain administrative expenses of the Plan are paid by the Plan Sponsor as provided in the Plan document. Recordkeeping fees of the Plan are paid by the Plan. All investment management and transaction fees directly related to the Plan investments are paid by the Plan.
Note 3. Fully Benefit-Responsive Investment Contracts with Financial Institutions
The Plan’s stable value fund ("the Fund") available to Members as an investment option is a separately managed account, managed solely for the Plan, with a stable value fund investment strategy. Members who transfer money out of the Fund cannot move that money into the Hartford Total Return Bond HLS Fund or the Vanguard Federal Money Market Fund for 90 days. The investment contracts within the stable value fund meet the fully benefit-responsive investment contract criteria and, therefore, are reported at contract value. Contract value is the relevant measure for fully benefit-responsive investment contracts because this is the amount received by Members if they were to initiate permitted transactions under the terms of the Plan. Contract value represents contributions made under the contract, plus earnings based on crediting rates, less Member
withdrawals and less administrative expenses. The following represents the disaggregation of contract value between types of investment contracts held by the Plan:
Note 3. Fully Benefit-Responsive Investment Contract with Financial Institutions (continued) | | | | | | | | | | | | | | |
Contract Issuer | Contract Number | Major Credit Ratings | As of 12/31/2020 Investments at Contract Value | As of 12/31/2019 Investments at Contract Value |
| | | | |
Synthetic GIC Contracts: | | | | |
Transamerica Premier Life | MDA01097TR | AA- / Aa2 | $ | 233,328 | | $ | 226,659 | |
American General Life | 1646368 | AA / Aa2 | 108,552 | | 106,452 | |
American General Life | 1635582 | AA+ / Aa2 | 83,530 | | 81,789 | |
RGA | RGA00058 | AA / Aa2 | 97,645 | | 44,690 | |
Prudential | GA62433 | AA / Aal | 185,572 | | 181,686 | |
Traditional GIC Contract: | | | | |
New York Life | GA29021 | AA+ / Aaa | 102,828 | | 100,687 | |
Total | | | $ | 811,455 | | $ | 741,963 | |
The key difference between a synthetic guaranteed investment contract ("GIC") and a traditional GIC is that the Plan owns the underlying assets of the synthetic GIC. A synthetic GIC includes a wrapper contract, which is an agreement with the wrap issuer, such as a bank or insurance company, to make payments to the Plan in certain circumstances. The wrapper contract typically includes certain conditions and limitations on the underlying assets owned by the Plan. Synthetic and traditional GICs are designed to accrue interest based on crediting rates established by the contract issuers.
The synthetic GICs held by the Plan includes wrapper contracts that provide a guarantee that the crediting rate with respect to the applicable underlying assets will not fall below 0%. Cash flow volatility (for example, timing of benefit payments) as well as asset underperformance can be passed through to the Plan through adjustments to future contract crediting rates. Formulas are provided in the contract that adjusts renewal crediting rates to recognize the difference between the fair value and the book value of the underlying assets. Crediting rates are reviewed monthly for resetting.
The Plan also holds a traditional GIC. The contract issuer is contractually obligated to repay the principal and interest at a specific interest rate that is guaranteed to the Plan. The crediting rate is based on a formula established by the contract issuer but may not be less than 0%. The crediting rate is reviewed on a quarterly basis for resetting. The contract cannot be terminated before the scheduled maturity date.
The Plan’s ability to receive amounts due in accordance with the traditional and the synthetic GIC is dependent on the third-party issuer’s ability to meet its financial obligations. The issuer’s ability to meet its contractual obligations may be affected by future economic and regulatory developments.
Certain events might limit the ability of the Plan to transact at contract value with the contract issuer. Examples of such events include the following:
1.The Plan’s failure to qualify under Section 401(a) of the Internal Revenue Code or the failure of the trust to be tax-exempt under Section 501(a) of the Internal Revenue Code
2.Premature termination of the traditional GIC contract or the synthetic GIC contract
3.Plan termination or merger
4.Changes to the Plan’s prohibition on competing investment options
5.Bankruptcy of the Plan Sponsor or other Plan Sponsor events (for example, divestitures or spinoffs of a subsidiary) that significantly affect the Plan’s normal operations.
Note 3. Fully Benefit-Responsive Investment Contract with Financial Institutions (continued)
The Plan Sponsor does not believe that any such events are probable of occurring that might limit the ability of the Plan to transact at contract value with the contract issuer or that would limit the ability of the Plan to transact at contract value with the Members.
In addition, certain events allow the issuer to terminate the contract with the Plan and settle at an amount different from contract value. Examples of such events include the following:
1.An uncured violation of the Plan’s investment guidelines
2.A breach of a material obligation under the contract by the Plan Sponsor
3.A material misrepresentation by the Plan Sponsor
4.A material amendment to the agreements without the consent of the issuer.
Note 4. Fair Value Measurements
The Plan estimates of fair value are based on ASC 820, Fair Value Measurements and Disclosures, which provides a framework for measuring fair value. That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value and requires that observable inputs be used in valuations when available.
The disclosure of fair value estimates in the fair value accounting guidance hierarchy is based on whether the significant inputs into the valuation are observable. In determining the level of the hierarchy in which the estimate is disclosed, the highest priority is given to unadjusted quoted prices in active markets and the lowest priority to unobservable inputs that reflect the Plan’s significant market assumptions. The level in the fair value hierarchy within which the fair value measurement is reported is based on the level of the input that is least observable to the measurement in its entirety. The three levels of the hierarchy are as follows:
•Level 1 - Fair values based primarily on unadjusted quoted prices for identical assets, or liabilities, in active markets that the Plan has the ability to access at the measurement date.
•Level 2 - Fair values primarily based on observable inputs, other than quoted prices included in Level 1, or based on prices for similar assets and liabilities.
•Level 3 - Fair values derived when one or more of the significant inputs are unobservable (including assumptions about risk). With little or no observable market, the determination of fair values uses considerable judgment and represents the Plan’s best estimate of an amount that could be realized in a market exchange for the asset or liability. Also included are securities that are traded within illiquid markets and/or priced by independent brokers.
Asset Valuation Techniques - Valuation techniques maximize the use of relevant observable inputs and minimize the use of unobservable inputs. The following is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used during 2020 or 2019.
Short-term Investments - Valued at quoted prices.
Mutual Funds - Valued at the daily closing price as reported by the fund. Mutual funds held by the Plan are open-ended mutual funds that are registered with the Securities and Exchange Commission. These funds are required to publish their daily NAV and to transact at that price. The mutual funds held by the Plan are deemed to be actively traded.
Equity Securities - Valued at the closing price reported on the active market on which the individual securities are traded.
Collective Investment Trusts - Valued at the NAV of units of a collective trust. The NAV, as provided by the Trustee, is used as a practical expedient to estimate fair value. The NAV is based on the fair value of the underlying investments held by the fund less its liabilities. This practical expedient is not used when it is determined to be probable that the fund will sell the investment for an amount different than the reported NAV. Member transactions (purchases and sales) may occur daily. Were the Plan to initiate a full redemption of the collective trust, the investment advisor reserves the right to temporarily delay withdrawal from the trust in order to ensure that securities liquidations will be carried out in an orderly business manner. As of December 31, 2020 and 2019 there were no unfunded commitments or redemption restrictions on collective investment trusts.
Note 4. Fair Value Measurements (continued)
The following tables set forth by level within the fair value hierarchy a summary of the Plan’s investments measured at fair value on a recurring basis at December 31, 2020 and 2019.
| | | | | | | | | | | | | | | | | | | | | | | |
| Investment Assets at Fair Value December 31, 2020 |
| Active Markets for Identical Assets (Level 1) | | Other Observable Inputs (Level 2) | | Significant Unobservable Inputs (Level 3) | | Total |
| | | | | | | |
Invested Assets | | | | | | | |
Short Term Investments | $ | 817 | | | $ | — | | | $ | — | | | $ | 817 | |
Mutual Funds | 872,239 | | | — | | | — | | | 872,239 | |
Equity Securities | 786,052 | | | — | | | — | | | 786,052 | |
| | | | | | | |
Total Investments at fair value [1] | $ | 1,659,108 | | | $ | — | | | $ | — | | | $ | 1,659,108 | |
Investments at net asset value: | | | | | | | |
Collective investment trusts | | | | | | | 3,215,383 | |
| | | | | | | |
Total investments | | | | | | | $ | 4,874,491 | |
[1] Excludes $1,171 of investment receivable, $1,392 of dividend receivable and $1,775 of interest receivable recorded at fair value.
| | | | | | | | | | | | | | | | | | | | | | | |
| Investment Assets at Fair Value December 31, 2019 |
| Active Markets for Identical Assets (Level 1) | | Other Observable Inputs (Level 2) | | Significant Unobservable Inputs (Level 3) | | Total |
| | | | | | | |
Invested Assets | | | | | | | |
Short Term Investments | $ | — | | | $ | 6,680 | | | $ | — | | | $ | 6,680 | |
Mutual Funds | 770,292 | | | — | | | — | | | 770,292 | |
Equity Securities | 821,810 | | | — | | | — | | | 821,810 | |
| | | | | | | |
Total Investments at fair value [1] | $ | 1,592,102 | | | $ | 6,680 | | | $ | — | | | $ | 1,598,782 | |
Investments at net asset value: | | | | | | | |
Collective investment trusts | | | | | | | 2,731,146 | |
| | | | | | | |
Total investments | | | | | | | $ | 4,329,928 | |
[1] Excludes $1,310 of dividend receivable and $1,775 of interest receivable recorded at fair value.
The Plan Sponsor's Investment and Savings Plan Investment Committee, which oversees the Plan’s menu of investments, works with an unaffiliated investment consultant to monitor the performance of Plan investments, periodically reviews the Plan’s menu of investments and, when appropriate, makes changes.
The valuation methods described in Note 2 may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, although the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.
Note 5. Federal Income Tax Status
The Internal Revenue Service (“IRS”) has determined and informed the Company by letter dated June 13, 2017 that the Plan and related Trust are designed in accordance with the applicable regulations of the IRC. The Plan has been amended since receiving the determination letter, however, the Company and Plan management believe that the Plan is currently designed and operated in compliance with the applicable requirements of the IRC and the Plan and related Trust continue to be tax-exempt. No provision for income taxes has been included in the Plan’s financial statements.
Note 6. Plan Termination
Although the Company has not expressed any intent to do so, the Company has the right under the Plan to suspend, reduce, or partially or completely discontinue its contributions at any time and to terminate the Plan, the Trust agreement and the Trust hereunder, subject to the provisions of ERISA. In the event of termination or partial termination of the Plan or complete discontinuance of contributions, affected Members automatically become fully vested in their accounts.
Note 7. Reconciliation of Financial Statements to Form 5500
The following is a reconciliation of net assets available for benefits between the accompanying financial statements and the amounts reflected in Form 5500 as of December 31, 2020 and 2019:
| | | | | | | | |
| 2020 | 2019 |
Net assets available for benefits per accompanying financial statements | $ | 5,763,242 | | $ | 5,147,691 | |
Adjustment from contract value to fair value for fully benefit-responsive investment contracts | 37,769 | | 18,487 | |
Net assets per Form 5500 | $ | 5,801,011 | | $ | 5,166,178 | |
The following is a reconciliation of total investment income, contributions and interest income on notes receivable on the accompanying financial statements and the amount reflected in Form 5500 for the year ended December 31, 2020:
| | | | | |
Total investment income, contributions and interest income on notes receivable per accompanying financial statements | $ | 947,405 | |
Adjustment from contract value to fair value for fully benefit-responsive investment contracts at beginning of the year | $ | (18,487) | |
Adjustment from contract value to fair value for fully benefit-responsive investment contracts at end of the year | $ | 37,769 | |
Total income per Form 5500 | $ | 966,687 | |
The following is a reconciliation of benefits paid to Members between the accompanying financial statements and the amount reflected in Form 5500 for the year ended December 31, 2020:
| | | | | |
Benefits paid to Members per accompanying financial statements | $ | 325,756 | |
Deduct amounts allocated to deemed loan distributions | 116 | |
Benefits paid to Members per Form 5500 | $ | 325,640 | |
Note 8. Exempt Party-in-Interest Transactions
Certain Plan investments are in funds managed by the Trustee and certain subsidiaries of the Company. Fees paid by the Plan for trustee, custodial and investment management services provided by Company affiliates amounted to $56 for the year ended December 31, 2020. In addition, certain Plan investments include shares of mutual funds that are advised and distributed by a subsidiary and shares of Hartford Stock. At December 31, 2020 and 2019, the fair value of affiliated mutual funds held by the Plan was $748,670 and $770,292, respectively. At December 31, 2020 and 2019, the Plan held 3,799,183 shares and 3,598,901
shares of Hartford Stock with a cost basis of $118,352 and $121,470, respectively. The shares of Hartford Stock had a fair value of $171,418 and $218,705 at December 31, 2020 and 2019, respectively. During the year ended December 31, 2020, the Plan recorded dividend income from Hartford Stock and The Hartford’s mutual funds of $5,028.
Note 9. Plan Amendments and Other Changes
Effective January 1, 2019, the Plan was amended so that (a) a Member is no longer required to obtain a plan loan before requesting a hardship withdrawal; (b) member contributions will no longer be suspended after receipt of a hardship withdrawal; and (c) earnings on before-tax contributions will be included as part of a hardship withdrawal.
Effective May 23, 2019, the definition of Service was revised to give credit for employment with Navigators to former Navigators employees who became Company employees on May 23, 2019 as a result of the Navigators transaction. In addition, former Navigators employees who did not otherwise enroll in the Plan were automatically enrolled within 90 days of the May 23, 2019 acquisition date.
Effective May 23, 2019, the definition of “Eligible Employee” was amended by adding the following to the list of Ineligible Persons: (a) a person who is a nonresident alien and who receives no earned income (within the meaning of Code Section 911(d)(2)) from the Company or its affiliate which constitutes income from sources within the United States (within the meaning of Code Section 861(a)(3)); and (b) a person who is a U.S. citizen working in a foreign country for the Company or its affiliate who is not on the U.S. payroll of Hartford Fire Insurance Company.
Effective July 1, 2019, the Plan was amended to (a) increase the maximum Member contribution from 30% of eligible pay to 50%; and (b) allow partial loan prepayments.
Effective January 1, 2020, the Plan was amended so that an eligible employee hired on or after January 1, 2020 will no longer need to wait 90 days to become a Member for purposes of making contributions to the Plan; they are immediately eligible.
Effective January 1, 2020, the Plan was amended so that the Required Beginning Date for Members who attain age 70.5 on or after January 1, 2020 will be April 1 following the calendar year in which they turn age 72 (or retire, if later).
Effective January 1, 2020, the Plan was amended so that upon the death of a Member or Deferred Member who was receiving periodic payments, the non-spouse beneficiary of the Member or Deferred Member may elect to have payments made over a period not to exceed the tenth calendar year following the year of death.
Effective March 27, 2020, the Plan was amended to include the following relief provisions permitted by the Coronavirus Aid, Relief, and Economic Security (CARES) act:
•Coronavirus-related distribution – Qualified participants could take a coronavirus-related distribution of up to $100 from the Plan without a 10% early withdrawal penalty. Eligible distributions could be taken up to December 31, 2020. Coronavirus-related distributions may be repaid within three years.
•Participant loans – Qualified participants could borrow up to $100 from the Plan (an increase from the $50 previously allowed) through September 22, 2020, and repayments were delayed until January 1, 2021.
•Required minimum distributions (RMDs) – RMDs were temporarily suspended for 2020.
Note 10. Subsequent Events
Effective January 1, 2021, the Plan was amended to remove the 90-day limitation on transferring funds from the Stable Value Fund to the Hartford Total Return Bond Fund.
Effective July 1, 2021, the Plan will be amended to reflect that the share class of the Vanguard Target Retirement Trust funds, the Plan's default funds, will change from the Vanguard Target Retirement Trust Plus to the Vanguard Target Retirement Trust Select.
Effective July 1, 2021, the Plan will be amended to add new fixed percent, fixed amount, and life expectancy periodic payment options, and expand the fixed time frame periodic payment option for participants who (i) are age 55 or older and are no longer
employed at the Company, (ii) terminate employment before reaching age 55 due to Retirement, provided such participant has an original hire date before January 1, 2002, or (iii) terminate employment before reaching age 55 due to Disability.
Management has evaluated events subsequent to December 31, 2020, through the date the financial statements were issued, noting there are no other subsequent events requiring adjustment or disclosure in the financial statements.
******
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| Chartwell Equity Securities | | | | | |
| AAR CORP | | | | *** | $ | 433 | |
| AMERICAN EQUITY INVT LIFE HL | | | | *** | 947 |
| AVISTA CORP | | | | *** | 772 |
| BLACK HILLS CORP | | | | *** | 797 |
| CVB FINANCIAL CORP | | | | *** | 786 |
| CACTUS INC A | | | | *** | 918 |
| CHAMPIONX CORP | | | | *** | 908 |
| CHEESECAKE FACTORY INC/THE | | | | *** | 952 |
| COLUMBIA BANKING SYSTEM INC | | | | *** | 1,397 |
| COMMVAULT SYSTEMS INC | | | | *** | 1,690 |
| DENNY S CORP | | | | *** | 1,398 |
| DIODES INC | | | | *** | 2,241 |
| DYCOM INDUSTRIES INC | | | | *** | 1,610 |
| EAGLE MATERIALS INC | | | | *** | 1,103 |
| EAGLE PHARMACEUTICALS INC | | | | *** | 806 |
| ENPRO INDUSTRIES INC | | | | *** | 1,489 |
| FNB CORP | | | | *** | 945 |
| FERRO CORP | | | | *** | 1,060 |
| FIRST FINANCIAL BANCORP | | | | *** | 765 |
| FIRST INDUSTRIAL REALTY TR | | | | *** | 782 |
| FIRST MIDWEST BANCORP INC/IL | | | | *** | 1,029 |
| FRESH DEL MONTE PRODUCE INC | | | | *** | 887 |
| G III APPAREL GROUP LTD | | | | *** | 978 |
| GLATFELTER CORP | | | | *** | 1,319 |
| HARSCO CORP | | | | *** | 1,032 |
| HEALTHCARE REALTY TRUST INC | | | | *** | 1,164 |
| HUB GROUP INC CL A | | | | *** | 1,093 |
| ITT INC | | | | *** | 2,356 |
| INDEPENDENT BANK GROUP INC | | | | *** | 1,344 |
| JACK IN THE BOX INC | | | | *** | 1,825 |
| JELD WEN HOLDING INC | | | | *** | 512 |
| KEMPER CORP | | | | *** | 1,073 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-16
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| KITE REALTY GROUP TRUST | | | | *** | 458 |
| KNOLL INC | | | | *** | 625 |
| KORN FERRY | | | | *** | 1,103 |
| MCGRATH RENTCORP | | | | *** | 1,076 |
| MINERALS TECHNOLOGIES INC | | | | *** | 1,272 |
| MOOG INC CLASS A | | | | *** | 1,215 |
| MUELLER WATER PRODUCTS INC A | | | | *** | 1,440 |
| NORTHWESTERN CORP | | | | *** | 1,356 |
| OXFORD INDUSTRIES INC | | | | *** | 540 |
| PDC ENERGY INC | | | | *** | 439 |
| PNM RESOURCES INC | | | | *** | 1,203 |
| PRA GROUP INC | | | | *** | 1,607 |
| PS BUSINESS PARKS INC/CA | | | | *** | 1,368 |
| PACIFIC PREMIER BANCORP INC | | | | *** | 1,275 |
| PARSONS CORP | | | | *** | 1,532 |
| PATTERSON COS INC | | | | *** | 1,680 |
| PEBBLEBROOK HOTEL TRUST | | | | *** | 765 |
| PHIBRO ANIMAL HEALTH CORP A | | | | *** | 533 |
| PIEDMONT OFFICE REALTY TRU A | | | | *** | 974 |
| PLEXUS CORP | | | | *** | 1,480 |
| PROGRESS SOFTWARE CORP | | | | *** | 1,201 |
| RENASANT CORP | | | | *** | 1,061 |
| RUSH ENTERPRISES INC CL A | | | | *** | 1,869 |
| SAIA INC | | | | *** | 2,125 |
| SANDERSON FARMS INC | | | | *** | 1,219 |
| SANDY SPRING BANCORP INC | | | | *** | 1,143 |
| SELECTIVE INSURANCE GROUP | | | | *** | 1,923 |
| SOUTH STATE CORP | | | | *** | 1,442 |
| SOUTHWEST GAS HOLDINGS INC | | | | *** | 903 |
| STAG INDUSTRIAL INC | | | | *** | 1,273 |
| TRI POINTE HOMES INC | | | | *** | 1,037 |
| TOWNE BANK | | | | *** | 1,065 |
| | | | | | |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-17
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value | | |
| TRIMAS CORP | | | | *** | 1,340 | | |
| TRUEBLUE INC | | | | *** | 880 | | |
| UMB FINANCIAL CORP | | | | *** | 1,164 | | |
| UMPQUA HOLDINGS CORP | | | | *** | 1,027 | | |
| UNIFIRST CORP/MA | | | | *** | 1,544 | | |
| UNITED COMMUNITY BANKS/GA | | | | *** | 1,554 | | |
| UNITED BANKSHARES INC | | | | *** | 667 | | |
| US DOLLAR | | | | *** | 649 | | |
| WOLVERINE WORLD WIDE INC | | | | *** | 934 | | |
| | Subtotal Chartwell Equity Securities | 84,372 | | |
| Clearing Account | | | | | | | |
| State Street Bank and Trust | | | | *** | -6,420 | | |
| | | Subtotal Clearing Account | -6,420 | | |
| Collective Investment Trusts | | | | | | | |
| SSGA | SSGA Real Asset Fund | | *** | 39,829 | | |
| SPRUCEGROVE | INTERNATIONAL STOCK FUND | | *** | 98,194 | | |
| STATE STREET | SSGA S&P 500 INDEX NON LENDING | *** | 778,192 | | |
| STATE STREET | STATE STREET | | | *** | 81,230 | | |
| STATE STREET | STATE STREET | | | *** | 158,346 | | |
| VANGUARD GROUP | TARGET RETIREMENT 2050 | *** | 154,837 | | |
| VANGUARD GROUP | TARGET RETIREMENT 2045 | *** | 299,936 | | |
| VANGUARD GROUP | TARGET RETIREMENT 2040 | *** | 170,886 | | |
| VANGUARD GROUP | TARGET RETIREMENT 2035 | *** | 422,706 | | |
| VANGUARD GROUP | TARGET RETIREMENT 2030 | *** | 210,828 | | |
| VANGUARD GROUP | TARGET RETIREMENT 2025 | *** | 374,661 | | |
| VANGUARD GROUP | TARGET RETIREMENT 2020 | *** | 103,921 | | |
| VANGUARD GROUP | TARGET RETIREMENT 2015 | *** | 79,134 | | |
| VANGUARD GROUP | TARGET RETIREMENT INCOME FUND | *** | 53,605 | | |
| VANGUARD GROUP | TARGET RETIREMENT 2055 | *** | 100,261 | | |
| VANGUARD GROUP | TARGET RETIREMENT 2060 | *** | 47,626 | | |
| VANGUARD GROUP, THE | TARGET RETIREMENT 2065 | *** | 5,296 | | |
| | Subtotal Collective Investment Trusts | 3,179,488 | | |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-18
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| Loomis Sayles Growth Fund | | | | | |
| ALIBABA GROUP HOLDING SP ADR | | | | *** | 14,994 |
| ALPHABET INC CL C | | | | *** | 8,812 |
| ALPHABET INC CL A | | | | *** | 8,795 |
| AMAZON.COM INC | | | | *** | 23,113 |
| AUTODESK INC | | | | *** | 16,564 |
| AUTOMATIC DATA PROCESSING | | | | *** | 2,216 |
| BOEING CO/THE | | | | *** | 14,530 |
| CERNER CORP | | | | *** | 5,282 |
| CISCO SYSTEMS INC | | | | *** | 5,220 |
| COLGATE PALMOLIVE CO | | | | *** | 4,825 |
| DEERE + CO | | | | *** | 12,681 |
| EXPEDITORS INTL WASH INC | | | | *** | 7,198 |
| FACEBOOK INC CLASS A | | | | *** | 18,117 |
| FACTSET RESEARCH SYSTEMS INC | | | | *** | 4,662 |
| GSTIF 25 BPS | | | | *** | 2,608 |
| ILLUMINA INC | | | | *** | 7,743 |
| INTUITIVE SURGICAL INC | | | | *** | 4,518 |
| MICROSOFT CORP | | | | *** | 12,889 |
| MONSTER BEVERAGE CORP | | | | *** | 11,467 |
| NOVARTIS AG SPONSORED ADR | | | | *** | 10,900 |
| NOVO NORDISK A/S SPONS ADR | | | | *** | 2,735 |
| NVIDIA CORP | | | | *** | 15,602 |
| ORACLE CORP | | | | *** | 12,390 |
| QUALCOMM INC | | | | *** | 8,879 |
| REGENERON PHARMACEUTICALS | | | | *** | 8,408 |
| ROCHE HOLDINGS LTD SPONS ADR | | | | *** | 8,781 |
| SEI INVESTMENTS COMPANY | | | | *** | 4,553 |
| SALESFORCE.COM INC | | | | *** | 12,703 |
| SCHLUMBERGER LTD | | | | *** | 3,837 |
| STARBUCKS CORP | | | | *** | 8,484 |
| US DOLLAR | | | | *** | 1,000 |
| VISA INC CLASS A SHARES | | | | *** | 18,364 |
| WALT DISNEY CO/THE | | | | *** | 12,138 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-19
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| WORKDAY INC CLASS A | | | | *** | 4,991 |
| YUM BRANDS INC | | | | *** | 4,006 |
| YUM CHINA HOLDINGS INC | | | | *** | 2,946 |
| | Subtotal Loomis Sayles Growth Fund | 326,951 |
| Lee Munder Equity Securities | | | | | |
| AERCAP HOLDINGS NV | | | | *** | 1,452 |
| AGNC INVESTMENT CORP | | | | *** | 1,868 |
| ALEXANDRIA REAL ESTATE EQUIT | | | *** | 2,631 |
| AMERICAN CAMPUS COMMUNITIES | | | *** | 1,668 |
| AMERICAN INTERNATIONAL GROUP | | | | *** | 1,609 |
| AMERISOURCEBERGEN CORP | | | | *** | 877 |
| AMERIPRISE FINANCIAL INC | | | | *** | 2,694 |
| ARCH CAPITAL GROUP LTD | | | | *** | 2,309 |
| AUTOZONE INC | | | | *** | 1,425 |
| BERRY GLOBAL GROUP INC | | | | *** | 2,297 |
| BORGWARNER INC | | | | *** | 1,781 |
| BOSTON PROPERTIES INC | | | | *** | 1,230 |
| CARTER S INC | | | | *** | 1,338 |
| CENTENE CORP | | | | *** | 2,252 |
| CENTERPOINT ENERGY INC | | | | *** | 2,572 |
| CHARLES RIVER LABORATORIES | | | | *** | 1,502 |
| CIMAREX ENERGY CO | | | | *** | 767 |
| CLEAN HARBORS INC | | | | *** | 2,372 |
| COLUMBIA SPORTSWEAR CO | | | | *** | 1,411 |
| CONSTELLATION BRANDS INC A | | | | *** | 1,582 |
| DTE ENERGY COMPANY | | | | *** | 2,103 |
| DARLING INGREDIENTS INC | | | | *** | 2,704 |
| DENTSPLY SIRONA INC | | | | *** | 1,285 |
| DIGITAL REALTY TRUST INC | | | | *** | 1,308 |
| DOLLAR GENERAL CORP | | | | *** | 1,189 |
| DOLLAR TREE INC | | | | *** | 2,013 |
| DOVER CORP | | | | *** | 1,416 |
| ENCOMPASS HEALTH CORP | | | | *** | 2,475 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-20
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value | |
| ENTERGY CORP | | | | *** | 2,311 | |
| ENVISTA HOLDINGS CORP | | | | *** | 2,158 | |
| EVERGY INC | | | | *** | 2,055 | |
| FMC CORP | | | | *** | 1,970 | |
| HAIN CELESTIAL GROUP INC | | | | *** | 1,548 | |
| HASBRO INC | | | | *** | 1,615 | |
| HEXCEL CORP | | | | *** | 1,526 | |
| HOST HOTELS + RESORTS INC | | | | *** | 1,006 | |
| HUNTINGTON INGALLS INDUSTRIE | | | | *** | 780 | |
| INGREDION INC | | | | *** | 2,743 | |
| ISHARES RUSSELL MID CAP VALUE | | | | *** | 3,212 | |
| LKQ CORP | | | | *** | 3,254 | |
| LABORATORY CRP OF AMER HLDGS | | | | *** | 1,726 | |
| LAMB WESTON HOLDINGS INC | | | | *** | 1,717 | |
| LEIDOS HOLDINGS INC | | | | *** | 2,000 | |
| LIVENT CORP | | | | *** | 1,846 | |
| M + T BANK CORP | | | | *** | 828 | |
| MACOM TECHNOLOGY SOLUTIONS H | | | | *** | 1,699 | |
| MID AMERICA APARTMENT COMM | | | | *** | 1,682 | |
| NISOURCE INC | | | | *** | 2,199 | |
| OLIN CORP | | | | *** | 808 | |
| PTC INC | | | | *** | 2,490 | |
| PACWEST BANCORP | | | | *** | 848 | |
| PARKER HANNIFIN CORP | | | | *** | 1,601 | |
| PARSLEY ENERGY INC CLASS A | | | | *** | 858 | |
| PINNACLE FINANCIAL PARTNERS | | | | *** | 1,803 | |
| PINNACLE WEST CAPITAL | | | | *** | 1,202 | |
| PIONEER NATURAL RESOURCES CO | | | | *** | 1,017 | |
| QORVO INC | | | | *** | 1,953 | |
| RPM INTERNATIONAL INC | | | | *** | 1,434 | |
| REGAL BELOIT CORP | | | | *** | 2,700 | |
| REINSURANCE GROUP OF AMERICA | | | | *** | 2,327 | |
| SIGNATURE BANK | | | | *** | 2,240 | |
| SNAP ON INC | | | | *** | 1,605 | |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-21
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrorwer, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| SPIRE INC | | | | *** | 1,376 |
| STERICYCLE INC | | | | *** | 1,552 |
| STERLING BANCORP/DE | | | | *** | 1,561 |
| TREEHOUSE FOODS INC | | | | *** | 2,575 |
| TYSON FOODS INC CL A | | | | *** | 1,917 |
| US DOLLAR | | | | *** | 993 |
| VALERO ENERGY CORP | | | | *** | 1,209 |
| VALVOLINE INC | | | | *** | 1,537 |
| ZIMMER BIOMET HOLDINGS INC | | | | *** | 1,700 |
| | Subtotal Lee Munder Equity Securities | 125,311 |
| T. Rowe Price | | | | | |
| AAON INC | | | | *** | 190 |
| AMN HEALTHCARE SERVICES INC | | | | *** | 357 |
| ASGN INC | | | | *** | 444 |
| ACADIA PHARMACEUTICALS INC | | | | *** | 355 |
| ACCELERON PHARMA INC | | | | *** | 492 |
| ACI WORLDWIDE INC | | | | *** | 385 |
| ADDUS HOMECARE CORP | | | | *** | 300 |
| AEROJET ROCKETDYNE HOLDINGS | | | | *** | 502 |
| ADVANCED ENERGY INDUSTRIES | | | | *** | 351 |
| AGIOS PHARMACEUTICALS INC | | | | *** | 135 |
| ALARM.COM HOLDINGS INC | | | | *** | 124 |
| ALBANY INTL CORP CL A | | | | *** | 288 |
| ALCOA CORP | | | | *** | 231 |
| ALECTOR INC | | | | *** | 54 |
| ALKERMES PLC | | | | *** | 150 |
| ALLEGIANT TRAVEL CO | | | | *** | 76 |
| ALLOGENE THERAPEUTICS INC | | | | *** | 86 |
| AMEDISYS INC | | | | *** | 409 |
| AMERIS BANCORP | | | | *** | 93 |
| AMICUS THERAPEUTICS INC | | | | *** | 275 |
| APA CORP | | | | *** | 60 |
| APELLIS PHARMACEUTICALS INC | | | | *** | 149 |
| ARCTURUS THERAPEUTICS HOLDIN | | | | *** | 45 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-22
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrorwer, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| ARRAY TECHNOLOGIES INC | | | | *** | 233 |
| ARVINAS INC | | | | *** | 152 |
| ASBURY AUTOMOTIVE GROUP | | | | *** | 233 |
| ASPEN TECHNOLOGY INC | | | | *** | 387 |
| ATKORE INC | | | | *** | 305 |
| ATRICURE INC | | | | *** | 136 |
| AXSOME THERAPEUTICS INC | | | | *** | 122 |
| BERRY GLOBAL GROUP INC | | | | *** | 214 |
| BIOHAVEN PHARMACEUTICAL HOLD | | | | *** | 74 |
| BIOTELEMETRY INC | | | | *** | 62 |
| BLACKBAUD INC | | | | *** | 255 |
| BLACKLINE INC | | | | *** | 53 |
| BLUEBIRD BIO INC | | | | *** | 28 |
| BLUEPRINT MEDICINES CORP | | | | *** | 331 |
| BOOZ ALLEN HAMILTON HOLDINGS | | | | *** | 612 |
| BOSTON BEER COMPANY INC A | | | | *** | 894 |
| BOYD GAMING CORP | | | | *** | 325 |
| BRIGHT HORIZONS FAMILY SOLUT | | | | *** | 302 |
| BRINKER INTERNATIONAL INC | | | | *** | 45 |
| BROADRIDGE FINANCIAL SOLUTIO | | | | *** | 146 |
| BRUKER CORP | | | | *** | 242 |
| BRUNSWICK CORP | | | | *** | 362 |
| BUILDERS FIRSTSOURCE INC | | | | *** | 512 |
| BURLINGTON STORES INC | | | | *** | 307 |
| CBOE GLOBAL MARKETS INC | | | | *** | 237 |
| CMC MATERIALS INC | | | | *** | 361 |
| CABLE ONE INC | | | | *** | 722 |
| CACI INTERNATIONAL INC CL A | | | | *** | 645 |
| CACTUS INC A | | | | *** | 114 |
| CANTEL MEDICAL CORP | | | | *** | 248 |
| CAREDX INC | | | | *** | 226 |
| CASELLA WASTE SYSTEMS INC A | | | | *** | 653 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-23
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| CASEY S GENERAL STORES INC | | | | *** | 647 |
| CATALENT INC | | | | *** | 513 |
| CAVCO INDUSTRIES INC | | | | *** | 132 |
| CERIDIAN HCM HOLDING INC | | | | *** | 81 |
| CERTARA INC | | | | *** | 66 |
| CHARLES RIVER LABORATORIES | | | | *** | 389 |
| CHASE CORP | | | | *** | 215 |
| CHEMED CORP | | | | *** | 348 |
| CHEMOCENTRYX INC | | | | *** | 141 |
| CHOICE HOTELS INTL INC | | | | *** | 430 |
| CRISPR THERAPEUTICS AG | | | | *** | 589 |
| CHURCHILL DOWNS INC | | | | *** | 688 |
| CIRRUS LOGIC INC | | | | *** | 381 |
| CLEARWAY ENERGY INC C | | | | *** | 213 |
| COCA COLA CONSOLIDATED INC | | | | *** | 240 |
| COGENT COMMUNICATIONS HOLDIN | | | | *** | 172 |
| COGNEX CORP | | | | *** | 305 |
| COMFORT SYSTEMS USA INC | | | | *** | 206 |
| COMMVAULT SYSTEMS INC | | | | *** | 206 |
| CORESITE REALTY CORP | | | | *** | 85 |
| CORVEL CORP | | | | *** | 231 |
| CURTISS WRIGHT CORP | | | | *** | 386 |
| DECIPHERA PHARMACEUTICALS IN | | | | *** | 121 |
| DECKERS OUTDOOR CORP | | | | *** | 465 |
| DENALI THERAPEUTICS INC | | | | *** | 350 |
| DESCARTES SYSTEMS GRP/THE | | | | *** | 279 |
| DIAMONDBACK ENERGY INC | | | | *** | 116 |
| DIGITAL TURBINE INC | | | | *** | 269 |
| DOMINO S PIZZA INC | | | | *** | 193 |
| DOUGLAS DYNAMICS INC | | | | *** | 217 |
| EAGLE MATERIALS INC | | | | *** | 262 |
| EHEALTH INC | | | | *** | 156 |
| ELEMENT SOLUTIONS INC | | | | *** | 151 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-24
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| EMCOR GROUP INC | | | | *** | 400 |
| EMERGENT BIOSOLUTIONS INC | | | | *** | 475 |
| ENANTA PHARMACEUTICALS INC | | | | *** | 33 |
| ENCOMPASS HEALTH CORP | | | | *** | 174 |
| ENPRO INDUSTRIES INC | | | | *** | 124 |
| ENSIGN GROUP INC/THE | | | | *** | 537 |
| ENTEGRIS INC | | | | *** | 785 |
| ENVESTNET INC | | | | *** | 455 |
| EPLUS INC | | | | *** | 74 |
| EPIZYME INC | | | | *** | 15 |
| EQUITY LIFESTYLE PROPERTIES | | | | *** | 229 |
| EURONET WORLDWIDE INC | | | | *** | 693 |
| EXACT SCIENCES CORP | | | | *** | 355 |
| EXELIXIS INC | | | | *** | 127 |
| EXLSERVICE HOLDINGS INC | | | | *** | 281 |
| EXPONENT INC | | | | *** | 604 |
| FABRINET | | | | *** | 222 |
| FACTSET RESEARCH SYSTEMS INC | | | | *** | 192 |
| FAIR ISAAC CORP | | | | *** | 688 |
| FATE THERAPEUTICS INC | | | | *** | 315 |
| FIBROGEN INC | | | | *** | 186 |
| FIRST BANCORP/NC | | | | *** | 164 |
| FIRST INDUSTRIAL REALTY TR | | | | *** | 356 |
| FIVE9 INC | | | | *** | 715 |
| FORMFACTOR INC | | | | *** | 344 |
| FORTINET INC | | | | *** | 105 |
| FRONTDOOR INC | | | | *** | 208 |
| H.B. FULLER CO. | | | | *** | 90 |
| GARTNER INC | | | | *** | 152 |
| GENERAC HOLDINGS INC | | | | *** | 300 |
| GIBRALTAR INDUSTRIES INC | | | | *** | 285 |
| GLOBAL BLOOD THERAPEUTICS IN | | | | *** | 158 |
| GLOBUS MEDICAL INC A | | | | *** | 348 |
| GRACO INC | | | | *** | 445 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-25
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| GREEN DOT CORP CLASS A | | | | *** | 105 |
| HAEMONETICS CORP/MASS | | | | *** | 416 |
| HAIN CELESTIAL GROUP INC | | | | *** | 214 |
| HALOZYME THERAPEUTICS INC | | | | *** | 321 |
| HELEN OF TROY LTD | | | | *** | 668 |
| HEXCEL CORP | | | | *** | 167 |
| HILTON GRAND VACATIONS INC | | | | *** | 205 |
| HORIZON THERAPEUTICS PLC | | | | *** | 313 |
| HYDROFARM HOLDINGS GROUP INC | | | | *** | 29 |
| IAA INC | | | | *** | 601 |
| ICU MEDICAL INC | | | | *** | 450 |
| IGM BIOSCIENCES INC | | | | *** | 94 |
| IRHYTHM TECHNOLOGIES INC | | | | *** | 445 |
| INGEVITY CORP | | | | *** | 272 |
| INSMED INC | | | | *** | 252 |
| INNOSPEC INC | | | | *** | 287 |
| INPHI CORP | | | | *** | 488 |
| INSPIRE MEDICAL SYSTEMS INC | | | | *** | 188 |
| INSPERITY INC | | | | *** | 269 |
| INSTALLED BUILDING PRODUCTS | | | | *** | 102 |
| INNOVATIVE INDUSTRIAL PROPER | | | | *** | 128 |
| INTELLIA THERAPEUTICS INC | | | | *** | 130 |
| INVITAE CORP | | | | *** | 298 |
| IONIS PHARMACEUTICALS INC | | | | *** | 89 |
| IOVANCE BIOTHERAPEUTICS INC | | | | *** | 278 |
| J + J SNACK FOODS CORP | | | | *** | 310 |
| JOHN BEAN TECHNOLOGIES CORP | | | | *** | 352 |
| J2 GLOBAL INC | | | | *** | 208 |
| KADANT INC | | | | *** | 203 |
| KARUNA THERAPEUTICS INC | | | | *** | 81 |
| KARYOPHARM THERAPEUTICS INC | | | | *** | 50 |
| KEMPER CORP | | | | *** | 470 |
| KODIAK SCIENCES INC | | | | *** | 542 |
| LGI HOMES INC | | | | *** | 255 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-26
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| LCI INDUSTRIES | | | | *** | 335 |
| LPL FINANCIAL HOLDINGS INC | | | | *** | 144 |
| LANDSTAR SYSTEM INC | | | | *** | 332 |
| LANTHEUS HOLDINGS INC | | | | *** | 94 |
| LENNOX INTERNATIONAL INC | | | | *** | 90 |
| LIBERTY BROADBAND C | | | | *** | 342 |
| LIGAND PHARMACEUTICALS | | | | *** | 65 |
| LINCOLN ELECTRIC HOLDINGS | | | | *** | 189 |
| LITTELFUSE INC | | | | *** | 530 |
| LUMENTUM HOLDINGS INC | | | | *** | 130 |
| LYDALL INC | | | | *** | 99 |
| MKS INSTRUMENTS INC | | | | *** | 705 |
| MSA SAFETY INC | | | | *** | 385 |
| STEVEN MADDEN LTD | | | | *** | 289 |
| MADISON SQUARE GARDEN ENTERT | | | | *** | 221 |
| MADRIGAL PHARMACEUTICALS INC | | | | *** | 66 |
| MANHATTAN ASSOCIATES INC | | | | *** | 434 |
| MARKETAXESS HOLDINGS INC | | | | *** | 516 |
| MAXLINEAR INC | | | | *** | 352 |
| MAXIMUS INC | | | | *** | 269 |
| MCGRATH RENTCORP | | | | *** | 175 |
| MEDPACE HOLDINGS INC | | | | *** | 677 |
| MERCURY SYSTEMS INC | | | | *** | 36 |
| MERIT MEDICAL SYSTEMS INC | | | | *** | 261 |
| MERSANA THERAPEUTICS INC | | | | *** | 61 |
| MIDDLESEX WATER CO | | | | *** | 215 |
| MIRATI THERAPEUTICS INC | | | | *** | 381 |
| MOLINA HEALTHCARE INC | | | | *** | 389 |
| MONOLITHIC POWER SYSTEMS INC | | | | *** | 721 |
| MOOG INC CLASS A | | | | *** | 286 |
| MURPHY USA INC | | | | *** | 205 |
| NCR CORPORATION | | | | *** | 130 |
| NEKTAR THERAPEUTICS | | | | *** | 42 |
| NEOGENOMICS INC | | | | *** | 441 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-27
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| NEUROCRINE BIOSCIENCES INC | | | | *** | 157 |
| NEVRO CORP | | | | *** | 347 |
| NEWMARKET CORP | | | | *** | 191 |
| NEXSTAR MEDIA GROUP INC CL A | | | | *** | 303 |
| NORDSON CORP | | | | *** | 317 |
| NOVANTA INC | | | | *** | 532 |
| NUVASIVE INC | | | | *** | 212 |
| OSI SYSTEMS INC | | | | *** | 263 |
| OMNICELL INC | | | | *** | 506 |
| ONTO INNOVATION INC | | | | *** | 98 |
| ORMAT TECHNOLOGIES INC | | | | *** | 334 |
| PRA HEALTH SCIENCES INC | | | | *** | 334 |
| PS BUSINESS PARKS INC/CA | | | | *** | 163 |
| PTC THERAPEUTICS INC | | | | *** | 243 |
| PTC INC | | | | *** | 104 |
| PACIRA BIOSCIENCES INC | | | | *** | 111 |
| PALOMAR HOLDINGS INC | | | | *** | 150 |
| PAPA JOHN S INTL INC | | | | *** | 279 |
| PARK HOTELS + RESORTS INC | | | | *** | 257 |
| PATRICK INDUSTRIES INC | | | | *** | 359 |
| PAYLOCITY HOLDING CORP | | | | *** | 589 |
| PEGASYSTEMS INC | | | | *** | 484 |
| PENN NATIONAL GAMING INC | | | | *** | 255 |
| PENNANT GROUP INC/THE | | | | *** | 307 |
| PENUMBRA INC | | | | *** | 278 |
| PERFORMANCE FOOD GROUP CO | | | | *** | 562 |
| PHIBRO ANIMAL HEALTH CORP A | | | | *** | 70 |
| PLANET FITNESS INC CL A | | | | *** | 318 |
| POOL CORP | | | | *** | 614 |
| POWER INTEGRATIONS INC | | | | *** | 472 |
| PRIMERICA INC | | | | *** | 625 |
| PROG HOLDINGS INC | | | | *** | 124 |
| PROOFPOINT INC | | | | *** | 287 |
| QUAKER CHEMICAL CORP | | | | *** | 337 |
| QUALYS INC | | | | *** | 428 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-28
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| QUIDEL CORP | | | | *** | 196 |
| RH | | | | *** | 666 |
| RBC BEARINGS INC | | | | *** | 265 |
| REALPAGE INC | | | | *** | 203 |
| REATA PHARMACEUTICALS INC A | | | | *** | 122 |
| RENEWABLE ENERGY GROUP INC | | | | *** | 262 |
| REPLIGEN CORP | | | | *** | 758 |
| REPLIMUNE GROUP INC | | | | *** | 43 |
| ROCKET PHARMACEUTICALS INC | | | | *** | 114 |
| RYMAN HOSPITALITY PROPERTIES | | | | *** | 244 |
| SLM CORP | | | | *** | 149 |
| SPX CORP | | | | *** | 220 |
| SPS COMMERCE INC | | | | *** | 435 |
| SS+C TECHNOLOGIES HOLDINGS | | | | *** | 338 |
| SAGE THERAPEUTICS INC | | | | *** | 150 |
| SAIA INC | | | | *** | 465 |
| JOHN B. SANFILIPPO + SON INC | | | | *** | 131 |
| SAPIENS INTERNATIONAL CORP | | | | *** | 207 |
| SAREPTA THERAPEUTICS INC | | | | *** | 188 |
| SCHOLAR ROCK HOLDING CORP | | | | *** | 79 |
| SCIENCE APPLICATIONS INTE | | | | *** | 267 |
| SCOTTS MIRACLE GRO CO | | | | *** | 300 |
| SEAGEN INC | | | | *** | 224 |
| SERVICE CORP INTERNATIONAL | | | | *** | 183 |
| SIGNATURE BANK | | | | *** | 175 |
| SITEONE LANDSCAPE SUPPLY INC | | | | *** | 270 |
| SIX FLAGS ENTERTAINMENT CORP | | | | *** | 177 |
| SPROUTS FARMERS MARKET INC | | | | *** | 60 |
| STAMPS.COM INC | | | | *** | 261 |
| STEPAN CO | | | | *** | 144 |
| STRATEGIC EDUCATION INC | | | | *** | 139 |
| SUNSTONE HOTEL INVESTORS INC | | | | *** | 67 |
| SUPERNUS PHARMACEUTICALS INC | | | | *** | 101 |
| TABULA RASA HEALTHCARE INC | | | | *** | 32 |
| TANDEM DIABETES CARE INC | | | | *** | 445 |
| TARGA RESOURCES CORP | | | | *** | 129 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-29
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| TECHTARGET | | | | *** | 46 |
| TELEDYNE TECHNOLOGIES INC | | | | *** | 555 |
| TEMPUR SEALY INTERNATIONAL I | | | | *** | 362 |
| TERMINIX GLOBAL HOLDINGS INC | | | | *** | 417 |
| TERRENO REALTY CORP | | | | *** | 426 |
| TEXAS PACIFIC LAND TRUST | | | | *** | 390 |
| TEXAS ROADHOUSE INC | | | | *** | 412 |
| TG THERAPEUTICS INC | | | | *** | 131 |
| THERAVANCE BIOPHARMA INC | | | | *** | 45 |
| TOPBUILD CORP | | | | *** | 604 |
| TORO CO | | | | *** | 410 |
| TURNING POINT THERAPEUTICS I | | | | *** | 308 |
| TWIST BIOSCIENCE CORP | | | | *** | 230 |
| TYLER TECHNOLOGIES INC | | | | *** | 509 |
| UFP INDUSTRIES INC | | | | *** | 285 |
| U.S. PHYSICAL THERAPY INC | | | | *** | 256 |
| UBIQUITI INC | | | | *** | 333 |
| ULTRAGENYX PHARMACEUTICAL IN | | | | *** | 711 |
| UNIFIRST CORP/MA | | | | *** | 389 |
| UNIQURE NV | | | | *** | 109 |
| UNIVERSAL HEALTH RLTY INCOME | | | | *** | 22 |
| UNIVERSAL INSURANCE HOLDINGS | | | | *** | 18 |
| US DOLLAR | | | | *** | 681 |
| US ECOLOGY INC | | | | *** | 67 |
| VAIL RESORTS INC | | | | *** | 346 |
| WATSCO INC | | | | *** | 414 |
| WENDY S CO/THE | | | | *** | 416 |
| WEST PHARMACEUTICAL SERVICES | | | | *** | 291 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-30
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| WESTERN ALLIANCE BANCORP | | | | *** | 316 |
| WEX INC | | | | *** | 450 |
| WOODWARD INC | | | | *** | 522 |
| WORKIVA INC | | | | *** | 46 |
* | WPX ENERGY INC | | | | *** | 113 |
| XPO LOGISTICS INC | | | | *** | 363 |
| XENCOR INC | | | | *** | 175 |
* | ZEBRA TECHNOLOGIES CORP CL A | | | | *** | 600 |
* | ZYMEWORKS INC | | | | *** | 95 |
* | ZYNGA INC CL A | | | | *** | 417 |
* | | | | | Subtotal T. Rowe Price | 85,352 |
| Loan Fund | | | | | |
| Notes receivable from Members | Notes receivable from Members, maturing in 2021 through 2033 bearing interest at rates from 4.25% - 9.25% | N/A | 73,941 |
| | | | | Subtotal Loan Fund | 73,941 |
| Master Expense Account | | | | | |
| HARTFORD MASTER EXPENSE FUND | | | | Subtotal Master Expense Account | 2 |
| | | | | | |
| Mutual Funds | | | | | |
| Hartford HLS Divident & Growth Fd Cl Ia | | | | *** | 335,527 |
| Hartford HLS Mut Fds Bond HLS Fd Cl Ia | | | | *** | 186,520 |
| Hartford HLS Mut Fds Intl Opportunities HLS Fd Cl I | | | | *** | 97,436 |
| Hartford HLS Mut Fds Midcap HLS Fd Cl Ia | | | | *** | 129,187 |
| Vanguard Federal Money Market | | | | *** | 123,569 |
| | | Subtotal Mutual Funds | 872,239 |
| Separate Account GIC | | | | | |
| New York Life | | | | *** | 107,716 |
| | | Subtotal Separate Account GIC | 107,716 |
| | | | | | | | | | | | | | |
aa) Shared holdings are other underlying securities making up the total value of the Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR. |
bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-31
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| Shared Holdings (aa) - HIMCO Bond Fund | | | | | |
| ABBVIE INC | 4.25 | % | 11/14/2028 | | *** | 599 |
| AEP TEXAS INC | 2.40 | % | 10/1/2022 | | *** | 774 |
| ALLY AUTO RECEIVABLES TRUST | 1.96 | % | 12/16/2024 | | *** | 325 |
| AMERICAN EXPRESS CO | 3.00 | % | 10/30/2024 | | *** | 1,365 |
| AMERICAN EXPRESS CREDIT ACCOUN | 2.67 | % | 11/15/2024 | | *** | 892 |
| AMERICAN HONDA FINANCE | 2.35 | % | 1/8/2027 | | *** | 808 |
| AMERICAN INTL GROUP | 3.75 | % | 7/10/2025 | | *** | 1,123 |
| ANHEUSER BUSCH CO/INBEV | 3.65 | % | 2/1/2026 | | *** | 1,130 |
| APPLE INC | 2.20 | % | 9/11/2029 | | *** | 1,080 |
| ASTRAZENECA PLC | 3.50 | % | 8/17/2023 | | *** | 916 |
| AT+T INC | 2.30 | % | 6/1/2027 | | *** | 1,333 |
| BANK OF AMERICA CORP | 3.88 | % | 8/1/2025 | | *** | 570 |
| BANK OF AMERICA CORP | 3.25 | % | 10/21/2027 | | *** | 1,343 |
| BANK OF AMERICA CREDIT CARD TR | 1.74 | % | 1/15/2025 | | *** | 881 |
| BANK OF NY MELLON CORP | 3.25 | % | 9/11/2024 | | *** | 972 |
| BARCLAYS PLC | 1.01 | % | 12/10/2024 | | *** | 1,007 |
| BAYER US FINANCE II LLC | 4.25 | % | 12/15/2025 | | *** | 0 |
| BAYER US FINANCE II LLC | 4.38 | % | 12/15/2028 | | *** | 1,176 |
| BAYER US FINANCE LLC | 3.38 | % | 10/8/2024 | | *** | 895 |
| BERKSHIRE HATHAWAY INC | 2.20 | % | 3/15/2021 | | *** | 501 |
| BLACKROCK INC | 1.90 | % | 1/28/2031 | | *** | 628 |
| BMW VEHICLE OWNER TRUST | 1.95 | % | 1/26/2026 | | *** | 408 |
| BOSTON GAS COMPANY | 3.15 | % | 8/1/2027 | | *** | 999 |
| BOSTON SCIENTIFIC CORP | 1.90 | % | 6/1/2025 | | *** | 315 |
| BP CAPITAL MARKETS PLC | 3.81 | % | 2/10/2024 | | *** | 719 |
| BRISTOL MYERS SQUIBB CO | 3.40 | % | 7/26/2029 | | *** | 728 |
| BRITISH COLUMBIA PROV OF | 2.65 | % | 9/22/2021 | | *** | 336 |
| BURLINGTN NO SF 05 3 TR | 4.83 | % | 1/15/2023 | | *** | 73 |
| | | | | | | | | | | | | | |
aa) Shared holdings are other underlying securities making up the total value of the Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR. |
bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-32
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| BURLINGTN NORTH SANTA FE | 3.40 | % | 9/1/2024 | | *** | 527 |
| CALIFORNIA ST | 2.37 | % | 4/1/2022 | | *** | 1,025 |
| CAPITAL ONE FINANCIAL CO | 3.75 | % | 3/9/2027 | | *** | 1,141 |
| CAPITAL ONE PRIME AUTO RECEIVA | 1.96 | % | 2/18/2025 | | *** | 805 |
| CATERPILLAR INC | 2.60 | % | 9/19/2029 | | *** | 829 |
| CHARLES SCHWAB CORP | 0.90 | % | 3/11/2026 | | *** | 608 |
| CHARLES SCHWAB CORP | 1.65 | % | 3/11/2031 | | *** | 606 |
| CHUBB INA HOLDINGS INC | 2.70 | % | 3/13/2023 | | *** | 763 |
| CIGNA CORP | 4.38 | % | 10/15/2028 | | *** | 755 |
| CIGNA CORP | 4.50 | % | 3/15/2021 | | *** | 0 |
| CITIGROUP INC | 3.88 | % | 10/25/2023 | | *** | 550 |
| CITIGROUP INC | 2.70 | % | 3/30/2021 | | *** | 1,006 |
| CITIZENS BANK NA/RI | 3.70 | % | 3/29/2023 | | *** | 497 |
| COMCAST CORP | 3.95 | % | 10/15/2025 | | *** | 0 |
| COMCAST CORP | 4.15 | % | 10/15/2028 | | *** | 752 |
| COMM MORTGAGE TRUST | 3.76 | % | 2/10/2049 | | *** | 1,133 |
| COMM MORTGAGE TRUST | 1.87 | % | 4/12/2035 | | *** | 31 |
| COMMONWEALTH EDISON CO | 2.95 | % | 8/15/2027 | | *** | 1,110 |
| COSTCO WHOLESALE CORP | 1.38 | % | 6/20/2027 | | *** | 773 |
| CREDIT SUISSE GROUP AG | 4.28 | % | 1/9/2028 | | *** | 1,185 |
| CSAIL COMMERCIAL MORTGAGE TRUS | 3.81 | % | 11/15/2048 | | *** | 1,128 |
| CVS HEALTH CORP | 1.75 | % | 8/21/2030 | | *** | 1,006 |
| DELL INT LLC / EMC CORP | 5.45 | % | 6/15/2023 | | *** | 1,123 |
| DIAGEO CAPITAL PLC | 2.38 | % | 10/24/2029 | | *** | 807 |
| EVERSOURCE ENERGY | 2.75 | % | 3/15/2022 | | *** | 513 |
| EVERSOURCE ENERGY | 2.90 | % | 10/1/2024 | | *** | 540 |
| EXXON MOBIL CORPORATION | 2.44 | % | 8/16/2029 | | *** | 1,085 |
| FANNIE MAE | 0.56 | % | 10/22/2025 | | *** | 2,001 |
| FANNIE MAE | 0.31 | % | 11/16/2023 | | *** | 2,002 |
| | | | | | | | | | | | | | |
aa) Shared holdings are other underlying securities making up the total value of the Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR. |
bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-33
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| FANNIEMAE ACES | 3.35 | % | 3/25/2024 | | *** | 892 |
| FED HM LN PC POOL A11544 | 5.50 | % | 6/1/2033 | | *** | 2 |
| FED HM LN PC POOL A15942 | 6.00 | % | 11/1/2033 | | *** | 5 |
| FED HM LN PC POOL A26586 | 6.00 | % | 9/1/2034 | | *** | 5 |
| FED HM LN PC POOL A77952 | 5.00 | % | 5/1/2038 | | *** | 7 |
| FED HM LN PC POOL C03506 | 6.00 | % | 5/1/2040 | | *** | 86 |
| FED HM LN PC POOL G01629 | 6.00 | % | 10/1/2033 | | *** | 7 |
| FED HM LN PC POOL G14174 | 5.00 | % | 3/1/2025 | | *** | 9 |
| FED HM LN PC POOL G60948 | 3.00 | % | 1/1/2047 | | *** | 1,391 |
| FED HM LN PC POOL J01060 | 5.00 | % | 1/1/2021 | | *** | 0 |
| FED HM LN PC POOL J38826 | 3.50 | % | 5/1/2033 | | *** | 387 |
| FED HM LN PC POOL Q50703 | 3.00 | % | 9/1/2047 | | *** | 0 |
| FED HM LN PC POOL Q55851 | 5.00 | % | 5/1/2048 | | *** | 683 |
| FED HM LN PC POOL Q58634 | 4.00 | % | 9/1/2048 | | *** | 3,138 |
| FED HM LN PC POOL QA9565 | 3.50 | % | 5/1/1950 | | *** | 1,190 |
| FED HM LN PC POOL QB3388 | 2.50 | % | 9/1/1950 | | *** | 3,051 |
| FED HM LN PC POOL QB5150 | 2.00 | % | 10/1/1950 | | *** | 1,292 |
| FED HM LN PC POOL V82532 | 3.00 | % | 8/1/2046 | | *** | 2,507 |
| FED HM LN PC POOL V82942 | 3.00 | % | 2/1/2047 | | *** | 1,802 |
| FED HM LN PC POOL ZL1830 | 4.00 | % | 8/1/2041 | | *** | 105 |
| FHLMC MULTIFAMILY STRUCTURED P | 2.68 | % | 10/25/2022 | | *** | 1,143 |
| FIFTH THIRD BANK | 2.88 | % | 10/1/2021 | | *** | 646 |
| FNMA POOL 357821 | 6.00 | % | 5/1/2035 | | *** | 89 |
| FNMA POOL 555417 | 6.00 | % | 5/1/2033 | | *** | 26 |
| FNMA POOL 555591 | 5.50 | % | 7/1/2033 | | *** | 29 |
| FNMA POOL 725704 | 6.00 | % | 8/1/2034 | | *** | 21 |
| FNMA POOL 730716 | 6.00 | % | 8/1/2033 | | *** | 14 |
| FNMA POOL 734059 | 5.50 | % | 8/1/2033 | | *** | 7 |
| FNMA POOL 745932 | 6.50 | % | 11/1/2036 | | *** | 40 |
| FNMA POOL 756154 | 6.00 | % | 11/1/2033 | | *** | 25 |
| | | | | | | | | | | | | | |
aa) Shared holdings are other underlying securities making up the total value of the Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR. |
bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-34
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| FNMA POOL 792191 | 5.50 | % | 9/1/2034 | | *** | 32 |
| FNMA POOL 888022 | 5.00 | % | 2/1/2036 | | *** | 62 |
| FNMA POOL 888341 | 5.00 | % | 2/1/2037 | | *** | 43 |
| FNMA POOL 890528 | 5.50 | % | 6/1/2039 | | *** | 60 |
| FNMA POOL 908560 | 5.50 | % | 1/1/2022 | | *** | 0 |
| FNMA POOL 944026 | 6.50 | % | 8/1/2037 | | *** | 105 |
| FNMA POOL AA4266 | 4.50 | % | 5/1/2024 | | *** | 5 |
| FNMA POOL AB0536 | 6.00 | % | 2/1/2037 | | *** | 33 |
| FNMA POOL AJ5733 | 3.50 | % | 12/1/2041 | | *** | 1,227 |
| FNMA POOL AL0194 | 4.00 | % | 1/1/2041 | | *** | 623 |
| FNMA POOL AP0632 | 2.50 | % | 7/1/2027 | | *** | 245 |
| FNMA POOL AR9436 | 4.00 | % | 8/1/2043 | | *** | 11 |
| FNMA POOL AS8764 | 2.50 | % | 2/1/2032 | | *** | 832 |
| FNMA POOL AS9763 | 5.00 | % | 6/1/2047 | | *** | 282 |
| FNMA POOL AV2357 | 4.00 | % | 1/1/2044 | | *** | 977 |
| FNMA POOL AW1007 | 4.00 | % | 5/1/2044 | | *** | 799 |
| FNMA POOL AW5067 | 4.50 | % | 7/1/2044 | | *** | 1,456 |
| FNMA POOL AY5415 | 4.00 | % | 3/1/2045 | | *** | 1,902 |
| FNMA POOL AZ2166 | 4.00 | % | 7/1/2045 | | *** | 864 |
| FNMA POOL BC1212 | 3.00 | % | 7/1/2046 | | *** | 3,022 |
| FNMA POOL BC4750 | 4.00 | % | 10/1/2046 | | *** | 394 |
| FNMA POOL BC6121 | 4.00 | % | 6/1/2046 | | *** | 371 |
| FNMA POOL BC9364 | 3.50 | % | 6/1/2046 | | *** | 1,710 |
| FNMA POOL BD3312 | 3.00 | % | 10/1/2046 | | *** | 359 |
| FNMA POOL BD5429 | 2.50 | % | 12/1/2046 | | *** | 898 |
| FNMA POOL BJ0687 | 5.00 | % | 4/1/2048 | | *** | 695 |
| FNMA POOL BJ0852 | 4.50 | % | 11/1/2047 | | *** | 1,215 |
| FNMA POOL BJ1991 | 4.00 | % | 11/1/2047 | | *** | 489 |
| FNMA POOL BJ7592 | 4.50 | % | 1/1/2049 | | *** | 1,615 |
| | | | | | | | | | | | | | |
aa) Shared holdings are other underlying securities making up the total value of the Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR. |
bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-35
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| FNMA POOL BJ8271 | 4.50 | % | 2/1/2048 | | *** | 1,006 |
| FNMA POOL BK1027 | 3.50 | % | 3/1/2048 | | *** | 496 |
| FNMA POOL BN6143 | 4.00 | % | 2/1/2049 | | *** | 305 |
| FNMA POOL BO3694 | 4.00 | % | 1/1/1950 | | *** | 786 |
| FNMA POOL BO6308 | 3.50 | % | 9/1/2049 | | *** | 511 |
| FNMA POOL BO6935 | 3.50 | % | 10/1/2049 | | *** | 3,917 |
| FNMA POOL BQ0561 | 2.50 | % | 10/1/1950 | | *** | 997 |
| FNMA POOL BQ2127 | 2.00 | % | 8/1/1950 | | *** | 1,031 |
| FNMA POOL FM1251 | 3.00 | % | 4/1/2045 | | *** | 973 |
| FNMA POOL MA1543 | 3.50 | % | 8/1/2033 | | *** | 827 |
| FNMA POOL MA2276 | 2.50 | % | 4/1/2045 | | *** | 363 |
| FREDDIE MAC | 0.57 | % | 10/8/2025 | | *** | 2,004 |
| FREDDIE MAC | 0.36 | % | 5/15/2024 | | *** | 2,001 |
| FREDDIE MAC SLST | 3.50 | % | 6/25/2028 | | *** | 1,085 |
| FREDDIE MAC SLST | 3.50 | % | 5/25/2029 | | *** | 459 |
| GE COMMERCIAL MORTGAGE CORPORA | — | % | 3/10/2044 | | *** | 0 |
| GENERAL DYNAMICS CORP | 3.50 | % | 5/15/2025 | | *** | 1,677 |
| GENERAL ELECTRIC CO | 3.45 | % | 5/1/2027 | | *** | 566 |
| GENERAL MILLS INC | 4.00 | % | 4/17/2025 | | *** | 707 |
| GLAXOSMITHKLINE CAP INC | 3.63 | % | 5/15/2025 | | *** | 763 |
| GLENCORE FINANCE CANADA | 4.25 | % | 10/25/2022 | | *** | 586 |
| GM FINANCIAL SECURITIZED TERM | 2.46 | % | 7/17/2023 | | *** | 305 |
| GM FINANCIAL SECURITIZED TERM | 1.90 | % | 3/17/2025 | | *** | 305 |
| GM FINANCIAL SECURITIZED TERM | 0.58 | % | 1/16/2026 | | *** | 301 |
| GM FINANCIAL SECURITIZED TERM | 0.50 | % | 2/17/2026 | | *** | 251 |
| GNMA II POOL 003624 | 5.50 | % | 10/20/2034 | | *** | 28 |
| GNMA II POOL 004599 | 5.00 | % | 12/20/2039 | | *** | 90 |
| GNMA II POOL 784678 | 4.00 | % | 1/20/2048 | | *** | 761 |
| GNMA II POOL AB9275 | 3.00 | % | 12/20/2042 | | *** | 613 |
| | | | | | | | | | | | | | |
aa) Shared holdings are other underlying securities making up the total value of the Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR. |
bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-36
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| GNMA II POOL AC2552 | 3.50 | % | 1/20/2043 | | *** | 742 |
| GNMA II POOL BH0425 | 4.50 | % | 6/20/2048 | | *** | 328 |
| GNMA II POOL MA2754 | 3.50 | % | 4/20/2045 | | *** | 668 |
| GNMA II POOL MA2892 | 3.50 | % | 6/20/2045 | | *** | 303 |
| GNMA II POOL MA5190 | 3.00 | % | 5/20/2048 | | *** | 903 |
| GNMA II POOL MA5191 | 3.50 | % | 5/20/2048 | | *** | 151 |
| GNMA II POOL MA5192 | 4.00 | % | 5/20/2048 | | *** | 179 |
| GNMA II POOL MA5193 | 4.50 | % | 5/20/2048 | | *** | 137 |
| GNMA POOL 434787 | 8.00 | % | 5/15/2030 | | *** | 9 |
| GNMA POOL 485856 | 6.50 | % | 10/15/2031 | | *** | 8 |
| GNMA POOL 510403 | 5.00 | % | 1/15/2035 | | *** | 9 |
| GNMA POOL 510844 | 8.00 | % | 12/15/2029 | | *** | 1 |
| GNMA POOL 533946 | 6.50 | % | 4/15/2032 | | *** | 4 |
| GNMA POOL 550887 | 5.00 | % | 8/15/2035 | | *** | 12 |
| GNMA POOL 551077 | 6.50 | % | 11/15/2031 | | *** | 5 |
| GNMA POOL 551120 | 6.50 | % | 8/15/2031 | | *** | 15 |
| GNMA POOL 569327 | 6.50 | % | 4/15/2032 | | *** | 61 |
| GNMA POOL 580880 | 6.50 | % | 11/15/2031 | | *** | 16 |
| GNMA POOL 622278 | 5.00 | % | 4/15/2035 | | *** | 9 |
| GNMA POOL 631242 | 5.50 | % | 6/15/2035 | | *** | 39 |
| GNMA POOL 641601 | 5.00 | % | 3/15/2035 | | *** | 20 |
| GNMA POOL 646865 | 5.00 | % | 8/15/2035 | | *** | 13 |
| GNMA POOL 726316 | 5.00 | % | 9/15/2039 | | *** | 103 |
| GNMA POOL AM8608 | 4.00 | % | 6/15/2045 | | *** | 330 |
| GOLDMAN SACHS GROUP INC | 4.00 | % | 3/3/2024 | | *** | 619 |
| GOLDMAN SACHS GROUP INC | 1.09 | % | 12/9/2026 | | *** | 758 |
| GOVERNMENT NATIONAL MORTGAGE A | 3.50 | % | 7/20/2023 | | *** | 142 |
| | | | | | | | | | | | | | |
aa) Shared holdings are other underlying securities making up the total value of the Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR. |
bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-37
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| GOVERNMENT NATIONAL MORTGAGE A | 5.00 | % | 8/20/2039 | | *** | 35 |
| GOVERNMENT NATIONAL MORTGAGE A | 2.30 | % | 7/16/1957 | | *** | 558 |
| GOVERNMENT NATIONAL MORTGAGE A | 2.50 | % | 9/16/1956 | | *** | 773 |
| GS MORTGAGE SECURITIES TRUST | 4.24 | % | 8/10/2046 | | *** | 1,083 |
| GSTIF 25 BPS | (0.03) | % | 12/31/1950 | | *** | 13,398 |
| HOME DEPOT INC | 2.95 | % | 6/15/2029 | | *** | 853 |
| HONDA AUTO RECEIVABLES OWNER T | 0.46 | % | 4/19/2027 | | *** | 381 |
| HP ENTERPRISE CO | 4.90 | % | 10/15/2025 | | *** | 760 |
| HSBC HOLDINGS PLC | 3.95 | % | 5/18/2024 | | *** | 2,157 |
| HUDSON YARDS | 3.23 | % | 7/10/2039 | | *** | 1,131 |
| HUNTINGTON BANCSHARES | 2.55 | % | 2/4/2030 | | *** | 804 |
| IBM CORP | 3.50 | % | 5/15/2029 | | *** | 1,157 |
| INGERSOLL RAND GL HLD CO | 3.75 | % | 8/21/2028 | | *** | 866 |
| JOHN DEERE CAPITAL CORP | 2.80 | % | 7/18/2029 | | *** | 835 |
| JP MORGAN MORTGAGE TRUST | 3.00 | % | 10/25/2046 | | *** | 355 |
| JPMBB COMMERCIAL MORTGAGE SECU | 3.05 | % | 4/15/2047 | | *** | 4 |
| JPMBB COMMERCIAL MORTGAGE SECU | 3.80 | % | 8/15/2048 | | *** | 1,122 |
| JPMORGAN CHASE + CO | 3.25 | % | 9/23/2022 | | *** | 284 |
| JPMORGAN CHASE + CO | 2.70 | % | 5/18/2023 | | *** | 263 |
| JPMORGAN CHASE + CO | 2.97 | % | 1/15/2023 | | *** | 493 |
| KLA CORP | 4.10 | % | 3/15/2029 | | *** | 899 |
| LADDER CAPITAL COMMERCIAL MORT | 3.39 | % | 5/15/2031 | | *** | 580 |
| LINCOLN NATIONAL CORP | 3.80 | % | 3/1/2028 | | *** | 868 |
| LLOYDS BANKING GROUP PLC | 3.75 | % | 1/11/2027 | | *** | 567 |
| LOS ANGELES CA CMNTY CLG DIST | 1.61 | % | 8/1/2028 | | *** | 830 |
| LOWE S COS INC | 3.65 | % | 4/5/2029 | | *** | 1,095 |
| MCDONALD S CORP | 3.70 | % | 1/30/2026 | | *** | 448 |
| MERCEDES BENZ AUTO RECEIVABLES | 2.04 | % | 1/15/2026 | | *** | 560 |
| MERCK + CO INC | 3.40 | % | 3/7/2029 | | *** | 803 |
| MICROSOFT CORP | 3.30 | % | 2/6/2027 | | *** | 1,141 |
| | | | | | | | | | | | | | |
aa) Shared holdings are other underlying securities making up the total value of the Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR. |
bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-38
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| MITSUBISHI UFJ FIN GRP | 2.95 | % | 3/1/2021 | | *** | 240 |
| MITSUBISHI UFJ FIN GRP | 3.29 | % | 7/25/2027 | | *** | 564 |
| MONDELEZ INTERNATIONAL | 2.75 | % | 4/13/2030 | | *** | 824 |
| MORGAN STANLEY | 3.88 | % | 1/27/2026 | | *** | 1,434 |
| MORGAN STANLEY BAML TRUST | 3.13 | % | 12/15/2048 | | *** | 522 |
| MORGAN STANLEY CAPITAL I TRUST | 3.81 | % | 12/15/2048 | | *** | 559 |
| NATIONWIDE FINANCIAL SER | 5.38 | % | 3/25/2021 | | *** | 333 |
| NEW YORK LIFE GLOBAL FDG | 1.20 | % | 8/7/2030 | | *** | 970 |
| NORDEA BANK ABP | 4.88 | % | 5/13/2021 | | *** | 508 |
| NORFOLK SOUTHERN CORP | 2.55 | % | 11/1/2029 | | *** | 813 |
| ORACLE CORP | 3.40 | % | 7/8/2024 | | *** | 958 |
| PENSKE TRUCK LEASING/PTL | 4.20 | % | 4/1/2027 | | *** | 288 |
| PNC BANK NA | 3.80 | % | 7/25/2023 | | *** | 564 |
| PNC FINANCIAL SERVICES | 3.45 | % | 4/23/2029 | | *** | 576 |
| PRINCIPAL FINANCIAL GRP | 3.70 | % | 5/15/2029 | | *** | 1,170 |
| PROVINCE OF QUEBEC | 2.75 | % | 8/25/2021 | | *** | 396 |
| QUALCOMM INC | 1.65 | % | 5/20/2032 | | *** | 1,091 |
| RAYTHEON TECH CORP | 3.13 | % | 5/4/2027 | | *** | 1,122 |
| ROYALTY PHARMA PLC | 1.75 | % | 9/2/2027 | | *** | 563 |
| | | | | | | | | | | | | | |
aa) Shared holdings are other underlying securities making up the total value of the Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR. |
bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-39
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| S+P GLOBAL INC | 2.95 | % | 1/22/2027 | | *** | 578 |
| SANTANDER HOLDINGS USA | 3.50 | % | 6/7/2024 | | *** | 540 |
| SMALL BUSINESS ADMINISTRATION | 2.31 | % | 8/1/2044 | | *** | 454 |
| SMALL BUSINESS ADMINISTRATION | 2.14 | % | 9/1/2044 | | *** | 753 |
| SMALL BUSINESS ADMINISTRATION | 2.22 | % | 10/1/2044 | | *** | 569 |
| SMALL BUSINESS ADMINISTRATION | 2.48 | % | 11/1/2044 | | *** | 718 |
| SMALL BUSINESS ADMINISTRATION | 2.38 | % | 12/1/2044 | | *** | 712 |
| SMALL BUSINESS ADMINISTRATION | 2.21 | % | 2/1/2033 | | *** | 350 |
| SMALL BUSINESS ADMINISTRATION | 3.11 | % | 4/1/2034 | | *** | 480 |
| SMALL BUSINESS ADMINISTRATION | 2.87 | % | 7/1/2034 | | *** | 345 |
| SMALL BUSINESS ADMINISTRATION | 2.88 | % | 8/1/2034 | | *** | 299 |
| SMALL BUSINESS ADMINISTRATION | 2.72 | % | 3/1/2035 | | *** | 247 |
| SMALL BUSINESS ADMINISTRATION | 2.77 | % | 5/1/2035 | | *** | 333 |
| SMALL BUSINESS ADMINISTRATION | 2.88 | % | 7/1/2035 | | *** | 745 |
| SMALL BUSINESS ADMINISTRATION | 2.82 | % | 8/1/2035 | | *** | 445 |
| SMALL BUSINESS ADMINISTRATION | 2.82 | % | 9/1/2035 | | *** | 433 |
| SMALL BUSINESS ADMINISTRATION | 2.70 | % | 11/1/2035 | | *** | 579 |
| SMALL BUSINESS ADMINISTRATION | 2.27 | % | 2/1/2036 | | *** | 694 |
| STATE STREET CORP | 3.30 | % | 12/16/2024 | | *** | 638 |
| STATE STREET CORP | 2.40 | % | 1/24/2030 | | *** | 546 |
| SUMITOMO MITSUI FINL GRP | 2.63 | % | 7/14/2026 | | *** | 543 |
| SUMITOMO MITSUI FINL GRP | 2.75 | % | 1/15/2030 | | *** | 655 |
| SVENSKA HANDELSBANKEN AB | 2.45 | % | 3/30/2021 | | *** | 503 |
| TAKEDA PHARMACEUTICAL | 2.05 | % | 3/31/2030 | | *** | 809 |
| TOYOTA AUTO RECEIVABLES OWNER | 1.68 | % | 5/15/2025 | | *** | 929 |
| TOYOTA MOTOR CREDIT CORP | 3.20 | % | 1/11/2027 | | *** | 780 |
| TOYOTA MOTOR CREDIT CORP | 2.90 | % | 4/17/2024 | | *** | 537 |
| TRUIST BANK | 2.85 | % | 4/1/2021 | | *** | 512 |
| TRUIST FIN CORP | 2.90 | % | 3/3/2021 | | *** | 251 |
| TRUIST FINANCIAL CORP | 1.95 | % | 6/5/2030 | | *** | 778 |
| | | | | | | | | | | | | | |
aa) Shared holdings are other underlying securities making up the total value of the Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR. |
bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-40
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | | (d) Cost | (e) Current Value |
| UBS GROUP AG | 4.13 | % | 9/24/2025 | | *** | 573 |
| UNION PACIFIC CORP | 2.15 | % | 2/5/2027 | | *** | 796 |
| UNITEDHEALTH GROUP INC | 2.13 | % | 3/15/2021 | | *** | 502 |
| UNITEDHEALTH GROUP INC | 2.00 | % | 5/15/2030 | | *** | 626 |
| UNIV OF CALIFORNIA CA REVENUES | 3.06 | % | 7/1/2025 | | *** | 552 |
| US 10YR ULTRA FUT MAR21 | — | % | 3/22/2021 | | *** | 0 |
| US BANCORP | 3.15 | % | 4/27/2027 | | *** | 1,126 |
| US DOLLAR | — | % | | | *** | 1,089 |
| US TREASURY N/B | 1.88 | % | 7/31/2022 | | *** | 14,778 |
| US TREASURY N/B | 1.38 | % | 3/31/2020 | | *** | 0 |
| US TREASURY N/B | 1.63 | % | 2/15/2026 | | *** | 4,865 |
| US TREASURY N/B | 1.13 | % | 2/28/2021 | | *** | 5,007 |
| US TREASURY N/B | 1.63 | % | 4/30/2023 | | *** | 13,404 |
| US TREASURY N/B | 1.63 | % | 5/15/2026 | | *** | 2,662 |
| US TREASURY N/B | 1.13 | % | 7/31/2021 | | *** | 8,047 |
| US TREASURY N/B | 0.25 | % | 10/31/2025 | | *** | 4,979 |
| VERIZON COMMUNICATIONS | 4.33 | % | 9/21/2028 | | *** | 868 |
| VIATRIS INC | 2.30 | % | 6/22/2027 | | *** | 1,065 |
| VIRGINIA ELEC + POWER CO | 3.50 | % | 3/15/2027 | | *** | 571 |
| VODAFONE GROUP PLC | 4.13 | % | 5/30/2025 | | *** | 1,143 |
| WALMART INC | 3.30 | % | 4/22/2024 | | *** | 414 |
| WALMART INC | 2.38 | % | 9/24/2029 | | *** | 546 |
| WELLS FARGO + COMPANY | 2.50 | % | 3/4/2021 | | *** | 1,003 |
| WELLS FARGO + COMPANY | 3.30 | % | 9/9/2024 | | *** | 1,128 |
| WESTLAKE CHEMICAL CORP | 3.60 | % | 7/15/2022 | | *** | 597 |
| | | | | | | | | | | | | | |
aa) Shared holdings are other underlying securities making up the total value of the Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR. |
bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-41
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| WORLD OMNI AUTO RECEIVABLES TR | 0.61 | % | 10/15/2026 | | *** | 1,008 |
| WRKCO INC | 3.90 | % | 6/1/2028 | | *** | 1,159 |
| XCEL ENERGY INC | 3.35 | % | 12/1/2026 | | *** | 1,121 |
| Subtotal Shared Holdings (aa) - HIMCO Bond Fund | 249,402 |
| Shared Holdings (bb) - BNY Mellon Bond Fund | | | | | |
| BlackRock | BlackRock 1-3 Year Government Bond Index Fund | *** | 27,679 |
| BlackRock | BlackRock 1-3 Year Credit Bond Index Fund | *** | 9,464 |
| BlackRock | BlackRock Asset-Backed Securities Index Fund | *** | 45,682 |
| BlackRock | BlackRock Commercial Mortgage-Backed Securities Index | *** | 9,635 |
| BlackRock | BlackRock Intermediate Term Credit Bond Index Fund | *** | 64,647 |
| BlackRock | BlackRock Mortgage-Backed Securities Index Fund | *** | 45,673 |
| BlackRock | BlackRock Int Government Bond Index | *** | 7,223 |
| BlackRock | BlackRock Long term Govt Bond Index Fund | *** | 3,250 |
| PRUDENTIAL | | | | *** | 195,781 |
| US DOLLAR | | | | *** | 1,000 |
| GSTIF 25 BPS | (0.03) | % | 12/31/2050 | | *** | 4,941 |
| AEP TEXAS CENTRAL TRANSITION F | 2.06 | % | 2/1/2027 | | *** | 1,104 |
| APPALACHIAN CONSUMER RATE RELI | 2.01 | % | 2/1/2024 | | *** | 791 |
| BENCHMARK MORTGAGE TRUST | 3.61 | % | 3/15/2062 | | *** | 2,561 |
| CAPITAL ONE MULTI ASSET EXECUT | 2.84 | % | 12/15/2024 | | *** | 2,470 |
| CAPITAL ONE MULTI ASSET EXECUT | 1.72 | % | 8/15/2024 | | *** | 2,433 |
| CNH EQUIPMENT TRUST | 3.01 | % | 4/15/2024 | | *** | 1,257 |
| CNH EQUIPMENT TRUST | 2.08 | % | 2/15/2023 | | *** | 390 |
| COMM MORTGAGE TRUST | 3.15 | % | 8/15/2045 | | *** | 2,658 |
| COMM MORTGAGE TRUST | 3.15 | % | 2/10/2047 | | *** | 969 |
| | | | | | | | | | | | | | |
aa) Shared holdings are other underlying securities making up the total value of the Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR. |
bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-42
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
(a) | (b) Identity of issue, borrower, lessor, or similar party | (c) Description of investment including maturity date, rate of interest, collateral, par or maturity date | (d) Cost | (e) Current Value |
| DISCOVER CARD EXECUTION NOTE T | 3.32 | % | 3/15/2024 | | *** | 1,139 |
| DISCOVER CARD EXECUTION NOTE T | 3.04 | % | 7/15/2024 | | *** | 1,544 |
| DUKE ENERGY FL PROJ FIN | 1.73 | % | 9/1/2024 | | *** | 1,270 |
| FANNIE MAE | 4.50 | % | 3/25/2026 | | *** | 673 |
| FANNIE MAE | 2.00 | % | 6/25/2030 | | *** | 576 |
| FANNIE MAE | 2.25 | % | 1/25/2043 | | *** | 2,422 |
| FANNIE MAE | 3.00 | % | 8/25/2038 | | *** | 370 |
| FANNIE MAE | 2.00 | % | 5/25/2030 | | *** | 2,168 |
| FANNIE MAE | 2.00 | % | 5/25/2033 | | *** | 2,106 |
| FANNIE MAE | 4.50 | % | 11/25/2026 | | *** | 647 |
| FANNIE MAE | 4.00 | % | 8/25/2039 | | *** | 855 |
| FANNIE MAE | 2.25 | % | 3/25/2039 | | *** | 345 |
| FIFTH THIRD AUTO TRUST | 2.64 | % | 12/15/2023 | | *** | 3,256 |
| FREDDIE MAC | 4.00 | % | 8/15/2025 | | *** | 1,019 |
| FREDDIE MAC | 2.00 | % | 11/15/2021 | | *** | 97 |
| FREDDIE MAC | 2.00 | % | 1/15/2039 | | *** | 519 |
| FREDDIE MAC | 3.00 | % | 2/15/2039 | | *** | 1,042 |
| FREDDIE MAC | 3.00 | % | 2/15/2032 | | *** | 319 |
| FREDDIE MAC | 3.00 | % | 1/15/2041 | | *** | 1,121 |
| FREDDIE MAC | 2.50 | % | 12/25/2037 | | *** | 3,440 |
| FREDDIE MAC | 2.50 | % | 2/25/2038 | | *** | 2,950 |
| FREDDIE MAC | 4.00 | % | 4/15/2039 | | *** | 1,104 |
| GOVERNMENT NATIONAL MORTGAGE A | 3.00 | % | 9/20/2039 | | *** | 581 |
| GOVERNMENT NATIONAL MORTGAGE A | 3.00 | % | 5/16/2026 | | *** | 1,580 |
| GOVERNMENT NATIONAL MORTGAGE A | 3.50 | % | 8/16/2039 | | *** | 1,111 |
| GOVERNMENT NATIONAL MORTGAGE A | 3.00 | % | 6/20/2039 | | *** | 210 |
| GOVERNMENT NATIONAL MORTGAGE A | 2.00 | % | 9/16/2051 | | *** | 76 |
| GOVERNMENT NATIONAL MORTGAGE A | 2.00 | % | 1/16/2046 | | *** | 146 |
| GOVERNMENT NATIONAL MORTGAGE A | 2.50 | % | 10/20/2039 | | *** | 830 |
| GOVERNMENT NATIONAL MORTGAGE A | 2.00 | % | 3/20/2042 | | *** | 520 |
| GOVERNMENT NATIONAL MORTGAGE A | 3.00 | % | 9/20/2043 | | *** | 1,765 |
| GOVERNMENT NATIONAL MORTGAGE A | 3.50 | % | 3/20/2049 | | *** | 2,149 |
| JOHN DEERE OWNER TRUST | 0.51 | % | 11/15/2024 | | *** | 1,405 |
| | | | | | | | | | | | | | |
aa) Shared holdings are other underlying securities making up the total value of the Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR. |
bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-43
| | | | | | | | | | | | | | |
| | EIN# 06-0383750 | | |
| | Plan# 100 | | |
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE | | |
FORM 5500, SCHEDULE H, PART IV, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR) | | |
AS OF DECEMBER 31, 2020 | | |
($ IN THOUSANDS) | | |
| | | | | | | | | | | | | | | | | | | | |
| JP MORGAN CHASE COMMERCIAL MOR | 2.34 | % | 6/13/2052 | | *** | 2,038 |
| MERCEDES BENZ AUTO LEASE TRUST | 0.40 | % | 11/15/2023 | | *** | 1,243 |
| MERCEDES BENZ AUTO RECEIVABLES | 3.03 | % | 1/17/2023 | | *** | 951 |
| MORGAN STANLEY CAPITAL I TRUST | 3.32 | % | 12/15/2051 | | *** | 2,461 |
| NISSAN AUTO RECEIVABLES OWNER | 1.38 | % | 12/16/2024 | | *** | 1,375 |
| PUBLIC SERVICE NEW HAMPSHIRE F | 3.09 | % | 2/1/2026 | | *** | 1,549 |
| UBS COMMERCIAL MORTGAGE TRUST | 3.40 | % | 5/10/2045 | | *** | 3,040 |
| US TREASURY N/B | 1.50 | % | 8/31/2021 | | *** | 8,276 |
| USAA AUTO OWNER TRUST | 2.16 | % | 7/17/2023 | | *** | 993 |
| WELLS FARGO COMMERCIAL MORTGAG | 2.50 | % | 10/15/2049 | | *** | 2,208 |
| Subtotal Shared Holdings (bb) - BNY Mellon Bond Fund | 493,097 |
| State Street Government Short Term Investment Fund- Common Collective Trust | |
| Gstif 25 Bps Gstif 25 Bps | | | | *** | 35,895 |
| Subtotal State Street Government Short Term Investment Fund- Common Collective Trust | 35,895 |
| The Hartford Stock Fund | | | | | |
| State Street Cash Fund - STIF | | | | *** | 306 |
| The Hartford Stock Fund, Common stock | | | | *** | 169,996 |
| | Subtotal The Hartford Stock Fund | 170,302 |
| Wrapper Contracts | | | | | |
| American General Life Ins Co | | | | *** | 10 |
| | Subtotal Wrapper Contracts | 10 |
| | | | | | |
| | GRAND TOTAL | 5,797,657 |
| | | | | | | | | | | | | | |
aa) Shared holdings are other underlying securities making up the total value of the Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR. |
bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433 |
* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.
F-44
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on behalf of The Hartford Investment and Savings Plan by the undersigned thereunto duly authorized.
THE HARTFORD INVESTMENT AND SAVINGS PLAN
BY: /s/ Tom Warters
Tom Warters
Plan Administrator
June 22, 2021
Exhibit 23.1
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We consent to the incorporation by reference in Registration Statement Nos. 333-105706, 333-34092 and 333-157372 on Form S-8 of The Hartford Financial Services Group, Inc. of our report dated June 22, 2021, relating to the financial statements and supplemental schedule of The Hartford Investment and Savings Plan, appearing in this Annual Report on Form 11-K of The Hartford Investment and Savings Plan for the year ended December 31, 2020.
Hartford, Connecticut
June 22, 2021