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, 2011
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
December 31, 2011 and 2010
Page No(s). | ||||
F-1 | ||||
Financial Statements: |
||||
Statements of Net Assets Available for Benefits as of December 31, 2011 and 2010 |
F-2 | |||
Statement of Changes in Net Assets Available for Benefits for the Year Ended December 31, 2011 |
F-3 | |||
F-4F-14 | ||||
Supplemental Schedule: |
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F-15 F-28 | ||||
F-29 | ||||
Exhibits |
||||
Exhibit 23.1 Consent of Independent Registered Public Accounting Firm |
F-30 |
All other schedules required by Section 2520.103-10 of the Department of Labors 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 Administrator and Members of
The Hartford Investment and Savings Plan
Hartford, Connecticut
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, 2011 and 2010, and the related statement of changes in net assets available for benefits for the year ended December 31, 2011. These financial statements are the responsibility of the Plans management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plans internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, such financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2011 and 2010, and the changes in net assets available for benefits for the year ended December 31, 2011 in conformity with accounting principles generally accepted in the United States of America.
Our audits were conducted for the purpose of forming an opinion on the basic 2011 financial statements taken as a whole. The supplemental schedule of assets (held at end of year) as of December 31, 2011 is presented for the purpose of additional analysis and is not a required part of the basic 2011 financial statements, but is supplementary information required by the Department of Labors Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. This schedule is the responsibility of the Plans management. Such schedule has been subjected to the auditing procedures applied in our audit of the basic 2011 financial statements and, in our opinion, is fairly stated in all material respects when considered in relation to the basic 2011 financial statements taken as a whole.
DELOITTE & TOUCHE LLP
Hartford, Connecticut
June 27, 2012
F-1
EIN# 06-0383750
Plan# 100
THE HARTFORD INVESTMENT AND SAVINGS PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
AS OF DECEMBER 31, 2011 AND 2010
($ IN THOUSANDS)
2011 | 2010 | |||||||
Assets |
||||||||
Investments, at fair value: |
||||||||
The Hartford Stock Fund, common stock 7,580,603 and 7,943,419 shares at December 31, 2011 and 2010, respectively |
$ | 123,185 | $ | 210,421 | ||||
The Hartford ISP S&P Index Fund |
196,460 | 203,365 | ||||||
Separately managed account |
5,176 | 4,888 | ||||||
Mutual funds |
1,578,577 | 1,666,897 | ||||||
Pooled temporary investments |
55,690 | 17,840 | ||||||
Group annuity contractsStable Value Fund |
697,521 | 688,118 | ||||||
|
|
|
|
|||||
Total investments |
2,656,609 | 2,791,529 | ||||||
Receivables: |
||||||||
Notes receivable from participants |
55,523 | 54,102 | ||||||
Dividends and interest receivable |
2,864 | 2,426 | ||||||
|
|
|
|
|||||
Total receivables |
58,387 | 56,528 | ||||||
|
|
|
|
|||||
Total assets |
2,714,996 | 2,848,057 | ||||||
Liabilities |
||||||||
Administrative expenses payable |
326 | 683 | ||||||
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|
|
|
|||||
Total liabilities |
326 | 683 | ||||||
Net assets available for benefits at fair value |
2,714,670 | 2,847,374 | ||||||
Adjustment from fair value to contract value for fully benefit-responsive investment contracts |
(42,679 | ) | (33,549 | ) | ||||
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|
|
|
|||||
Net assets available for benefits |
$ | 2,671,991 | $ | 2,813,825 | ||||
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|
|
See Notes to Financial Statements.
F-2
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, 2011
($ IN THOUSANDS)
2011 | ||||
Investment loss: |
||||
Net depreciation in fair value of investments |
$ | (150,486 | ) | |
Dividends |
25,869 | |||
|
|
|||
Total investment loss |
(124,617 | ) | ||
|
|
|||
Interest income on notes receivable from participants |
2,843 | |||
|
|
|||
Contributions: |
||||
Employee contributions |
137,156 | |||
Employer contributions, net of forfeitures |
59,539 | |||
Rollover contributions |
10,119 | |||
|
|
|||
Total contributions |
206,814 | |||
|
|
|||
Total additions |
85,040 | |||
|
|
|||
Deductions from net assets attributed to: |
||||
Benefits paid to Members |
224,848 | |||
Administrative expenses |
2,026 | |||
|
|
|||
Total deductions |
226,874 | |||
|
|
|||
Net decrease |
(141,834 | ) | ||
Net assets available for benefits: |
||||
Beginning of year |
2,813,825 | |||
|
|
|||
End of year |
$ | 2,671,991 | ||
|
|
See Notes to Financial Statements.
F-3
THE HARTFORD INVESTMENT AND SAVINGS PLAN
AS OF DECEMBER 31, 2011 AND 2010
AND FOR THE YEAR ENDED DECEMBER 31, 2011
($ 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) is a holding company for insurance and financial service subsidiaries that provide investment products and life and property and casualty insurance to both individual and business customers in the United States (collectively, The Hartford or the Company). Also, The Hartford continues to administer business previously sold in Japan and the U.K. The Plan Sponsor, Hartford Fire Insurance Company, is a wholly owned subsidiary of HFSG.
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 setting forth the highlights of the Plan is available to Members on the Fidelity NetBenefits website. Fidelity serves as the record keeper of the Plan.
Plan Changes
See Note 11 for a general description of amendments made to the Plan Document during the years ended December 31, 2011 and 2010.
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. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA).
The Trust, as defined in the Plan Document, is the aggregate funds held by the trustee, State Street Bank and Trust Company (the Trustee), under the trust agreement established for the purposes of this Plan.
Contributions
Members may elect to save a percentage of their base salary and may designate their savings as before-tax, Roth 401(k), after-tax or a combination thereof. Generally, savings may be elected based on 1% to 30% of base salary. Members who are highly compensated employees may have contribution limits of less than 30% due to the operation of certain tests required under the Internal Revenue Code of 1986, as amended (the Code). Pursuant to the terms of the Plan, highly compensated employees are employees whose prior year earnings were equal to or exceeded $110 per annum for 2010.
Basic Savings are contributions which are not in excess of the first 6% of a Members base salary. For Members who have completed at least six months of service, an amount equal to 50% of a Members Basic Savings is matched by the Company (Matching Company contribution). Members savings in excess of 6% of base salary are Supplemental Savings that are not matched by the Company. In addition, the Company contributes 0.5% of highly compensated eligible employees base salary and 1.5% of all other eligible employees base salary (Floor Company contribution) to each employees Floor Company contribution account. An employee becomes eligible for Floor Company contributions after completing six months of service, regardless of whether the employee elects to participate in the Plan.
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.
F-4
Note 1. Description of the Plan (continued)
Member Accounts
Individual accounts are maintained for each Member. Each Members account is credited with that Members contributions and allocations of (a) the Matching Company contributions and Floor Company contributions and (b) Plan earnings, and is charged with withdrawals and an allocation of administrative expenses and Plan losses. 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 Members vested account balance.
Vesting
Members are 100% vested at all times with respect to Member and Floor Company contributions and earnings thereon. Vesting in Matching Company contributions begins after one year of service at which time Members are 20% vested. The vesting increases 20% each consecutive year until the fifth anniversary of service at which time the Members are 100% vested. Notwithstanding the foregoing statement, a Member becomes fully vested in such Members Matching Company contribution account upon retirement (for certain Members), disability, death, reaching age 65, or upon the complete discontinuance of Company contributions or termination of the Plan.
Investment Options
As of December 31, 2011, contributions of Member savings and Company contributions may be invested in any of the twenty-five investment options of the Plan in multiples of 1%, as elected by the Member (Member directed investments).
Certain investment options are parties-in-interest with The Hartford. See Notes 3 and 10 for further discussion.
Member Loans
Members may borrow from their accounts a minimum of $0.5 to a maximum equal to the lesser of $50 or 50% of their vested account balance. 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 Members 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 death, disability, retirement, 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, annual installments over a period not greater than thirty years (subject to certain conditions), or annual installments over the recipients 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
At December 31, 2011 and 2010, forfeited non-vested account balances totaled $5 and $10, respectively. These forfeitures are applied to reduce future Matching Company contributions. During the year ended December 31, 2011, Matching Company contributions were reduced by $1,968 from forfeitures.
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 Labors Rules and Regulations for Reporting and Disclosure under ERISA.
F-5
Note 2. Accounting Policies (continued)
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.
Adoption of New Accounting Standards
In January 2010, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2010-06, Fair Value Measurements and Disclosures, which amends ASC 820, Fair Value Measurements and Disclosures, adding a new disclosure requirement to provide Level 3 activity of purchases, sales, issuances, and settlements on a gross basis. This requirement is effective for the reporting periods beginning after December 15, 2010. The adoption in 2011 did not materially affect the Plans financial statements.
In May 2011, the FASB issued ASU No. 2011-04, Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs, which amends ASC 820. ASU 2011-04 also requires the categorization by level for items that are only required to be disclosed at fair value and information about transfers between Level 1 and Level 2. In addition, the ASU provides guidance on measuring the fair value of financial instruments managed within a portfolio and the application of premiums and discounts on fair value measurements. The ASU requires additional disclosure for Level 3 measurements regarding the sensitivity of fair value to changes in unobservable inputs and any interrelationships between those inputs. The new guidance is effective for reporting periods beginning after December 15, 2011. The adoption will not have a material effect on the statement of net assets available for benefits and statement of changes in net assets available for benefits. Plan management has not determined the impact on the disclosures in the financial statements.
Investment Valuation and Income Recognition
The Plans investments are stated at fair 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 (See Note 5). The fair value of the common stock of HFSG is based on quoted market prices. The Hartford ISP S&P Index Fund, separately managed account, mutual funds and pooled temporary investment funds are valued at the net asset value of shares, which represent the fair value of the underlying securities, held by the Plan at year end. The group annuity contracts (the Stable Value Fund) include synthetic guaranteed investment contracts (GICs) whose underlying securities are stated at fair value. Fair value of the underlying securities in the GICs is determined based on the discounted replacement cost methodology, which incorporates the difference between current market level rates for the wrapper contract and the wrapper fee presently being charged. The GICs are stated at fair value and then adjusted to contract value as described in Note 4. 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.
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 Benefit, may occur in the near term and such changes could materially affect the amounts reported in the financial statements.
Investment expenses charged to the Plan for investments in the mutual funds are charged directly against the assets of the fund and are not separately reflected. Consequently, investment expenses are reflected as a reduction of investment return for such investments.
Payment of Benefits
Benefits paid to Members are recorded when distributed.
Contributions
Employee and employer contributions are recorded in the period during which the Company makes payroll deductions from Members compensation.
F-6
Note 2. Accounting Policies (continued)
Notes Receivable from Members
Notes receivable from Members are measured at their unpaid principal balance plus any accrued but unpaid interest. Delinquent Member loans are recorded as distributions based on the terms of the Plan Document.
Note 3. Investments
The following investments represented 5% or more of the Plans net assets available for benefits at the end of the Plan year:
December 31, | ||||||||
2011 | 2010 | |||||||
* The Hartford Stock Fund, common stock (7,580,603 and 7,943,419 shares at December 31, 2011 and 2010, respectively) |
$ | * | * | $ | 210,421 | |||
* The Hartford ISP S&P Index Fund |
196,460 | 203,365 | ||||||
Mutual funds: |
||||||||
* Capital Appreciation HLS Fund |
280,337 | 342,491 | ||||||
* MidCap HLS Fund |
221,666 | 256,027 | ||||||
* Dividend Growth HLS Fund |
137,410 | * | * | |||||
Group annuity contracts: |
||||||||
JPMorgan Chase Bank, Contract #AITTH01 |
* | * | 199,221 | |||||
Monumental Life Insurance Company, Contract #MDA01098TR |
139,905 | * | * | |||||
Prudential, Contract #GA62433 |
155,392 | * | * |
* | Indicates party-in-interest |
** | Investment did not represent 5% or more of the fair value of the Plans net assets available for benefits at December 31, 2011 or December 31, 2010 |
For the year ended December 31, 2011, the Plans investments had appreciated (depreciated), including gains and losses on investments bought and sold, as well as held during the year, as follows:
The Hartford Stock Fund, common stock |
$ | (77,670 | ) | |
The Hartford ISP S&P Index Fund |
4,518 | |||
Separately managed account |
(190 | ) | ||
Group annuity contracts |
22,006 | |||
Mutual funds |
||||
Bond Investments |
3,363 | |||
Large-Cap Equities |
(39,747 | ) | ||
Mid-Cap Equities |
(21,140 | ) | ||
Small-Cap Equities |
(5,456 | ) | ||
International Equities |
(24,784 | ) | ||
Vanguard Retirement Funds |
(11,386 | ) | ||
|
|
|||
Net depreciation in fair value of investments |
$ | (150,486 | ) | |
|
|
F-7
Note 4. Investments in Group Annuity Contracts
The Plan has entered into numerous synthetic group annuity contracts with unaffiliated insurance carriers within the Stable Value Fund. A synthetic group annuity contract is an investment contract through an issuers guarantee of a specific interest rate (the wrapper contract) and a fixed income portfolio of financial instruments that are owned by the Plan. The synthetic GIC contracts include underlying securities which are held in a trust owned by the Plan and utilize a benefit-responsive wrapper contract managed by The Dreyfus Corporation through its Bank of New York (BNY) Mellon Stable Value Group. The fair value of the benefit-responsive wrapper contracts was $(148) at December 31, 2011 and $2,217 at December 31, 2010. The contract provides that Members execute Plan transactions at contract value. These contracts are fully benefit-responsive and are included in the financial statements at fair value (see Note 2). Fully benefit-responsive contracts provide for a stated return on principal invested over a specified period and permit withdrawals at contract value for benefit payments, loans, or transfers. Contract value represents contributions made under the contract, plus earnings, less Plan withdrawals and administrative expenses. Certain events, such as a Plan termination, divestiture or reduction in force may limit the ability of the Plan to transact at contract value or may allow for the termination of the wrapper contract at less than contract value. The Plan Sponsor does not believe that it is probable that any such events would limit the ability of the Plan to transact at contract value.
The relationship of future crediting rates and the adjustments to contract value reported on the statements of net assets available for benefits are provided through the mechanism of the crediting rate formula. The crediting rate is based on the current yield-to-maturity, the duration of the portfolio, and the amortization of gains and losses, defined as the difference between the market value and contract value of the wrapper. Key factors that could influence future crediting rates include, but are not limited to, Plan cash flows, changes in interest rates, total return performance of the fair market value bond strategies underlying each synthetic GIC contract, default or credit failures of any of the securities, investment contracts, or other investments held in the fund and the initiation of an extended termination of one or more synthetic GIC contracts by the manager or the contract issuer. The rate of return earned on a synthetic GIC is generally reset quarterly by the issuer based on market rates of other similar investments, the current yield of the underlying investments and the spread between the market value and contract value, but the rate can not be less than zero.
The contract issuer is not allowed to terminate any of the synthetic GICs and settle at an amount different from contract value unless there is a breach of the contract which is not corrected within the applicable cure period. Actions that will result in a breach include, but are not limited to, material misrepresentation, failure to pay synthetic GIC fees, or any other payment due under the contract, and failure to adhere to investment guidelines. The Plan has not breached any contracts in 2011 or 2010.
Average yields: |
2011 | 2010 | ||||||
Based on annualized earnings (1) |
3.31 | % | 2.36 | % | ||||
Based on interest rate credited to participants (2) |
3.55 | % | 3.45 | % |
(1) | Calculated by taking the fair value sum of the funds holdings multiplied by their respective yields, divided by the total sum of the holdings as of December 31, 2011 and 2010, respectively. |
(2) | Calculated by taking the sum of the book value holdings multiplied by the crediting rate, divided by the fair value of the funds as of December 31, 2011 and 2010, respectively. |
The following table represents the adjustment from fair value to contract value for each of the contracts as of December 31, 2011:
Carrier Name |
Contract Number |
Major Credit Ratings |
Investments at Contract Value |
Investments at Fair Value |
Adjustment from Fair Value to Contract Value |
|||||||||||||
Monumental Life Insurance Company |
MDA01097TR | AA+ /Aa3 | $ | 118,098 | $ | 130,369 | $ | (12,271 | ) | |||||||||
Monumental Life Insurance Company |
MDA01098TR | AA / Aa2 | 135,642 | 139,905 | (4,263 | ) | ||||||||||||
Natixis Financial Products Inc. |
WR1879-01 | AA /Aa2 | 86,448 | 88,616 | (2,168 | ) | ||||||||||||
Natixis Financial Products Inc. |
1879-02 | AA+ /Aa3 | 87,544 | 96,597 | (9,053 | ) | ||||||||||||
New York Life |
GA29021 | AA+ /Aaa | 82,169 | 86,642 | (4,473 | ) | ||||||||||||
Prudential |
GA62433 | AA+ /Aa1 | 144,941 | 155,392 | (10,451 | ) | ||||||||||||
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|
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Total |
$ | 654,842 | $ | 697,521 | $ | (42,679 | ) | |||||||||||
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F-8
Note 4. Investments in Group Annuity Contracts (continued)
The following table represents the adjustment from fair value to contract value for each of the contracts as of December 31, 2010:
Carrier Name |
Contract Number |
Major Credit Ratings |
Investments at Contract Value |
Investments at Fair Value |
Adjustment from Fair Value to Contract Value |
|||||||||||||
JPMorgan Chase Bank |
AITTH01 | AA- / Aa1 | $ | 185,970 | $ | 199,221 | $ | (13,251 | ) | |||||||||
JPMorgan Chase Bank |
AITTH02 | AA- / Aa1 | 49,938 | 53,808 | (3,870 | ) | ||||||||||||
Monumental Life Insurance Company |
MDA00911TR | AA- / A1 | 113,520 | 120,816 | (7,296 | ) | ||||||||||||
Monumental Life Insurance Company |
MDA00912TR | AA- / A1 | 135,214 | 137,278 | (2,064 | ) | ||||||||||||
Natixis Financial Products Inc. |
WR1879-01 | A+ / Aa3 | 85,936 | 87,083 | (1,147 | ) | ||||||||||||
Natixis Financial Products Inc. |
1879-02 | A+ / Aa3 | 83,991 | 89,912 | (5,921 | ) | ||||||||||||
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|
|
|
|
|
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Total |
$ | 654,569 | $ | 688,118 | $ | (33,549 | ) | |||||||||||
|
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Note 5. Fair Value Measurements
The Plan classifies its investments into Level 1, which refers to securities valued using quoted prices from active markets for identical assets; Level 2, which refers to securities not traded on an active market but for which observable market inputs are readily available; and Level 3, which refers to securities valued based on significant unobservable inputs. Assets are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Plans policy is to recognize significant transfers between levels at the beginning of the reporting period. Transfers between Level 1 and Level 2 were not material for the year ended December 31, 2011.
A description of additional inputs used in the Plans Levels 1, 2 and 3 measurements is listed below:
Level 1 | Observable inputs that reflect quoted prices for identical assets in active markets that the Plan has the ability to access at the measurement date. Level 1 securities include highly liquid U.S. Treasuries, money market funds and exchange traded equity securities, open-ended mutual funds and derivative securities, including futures contracts. | |
Level 2 | The fair values of most of the Plans Level 2 investments are determined by management after considering prices received from third party pricing services. These investments include most fixed maturities. |
1. | ABS, CMBS and RMBS Primary inputs also include monthly payment information, collateral performance, which varies by vintage year and includes delinquency rates, collateral valuation loss severity rates, collateral refinancing assumptions and, for ABS and RMBS, estimated prepayment rates. |
2. | Corporates Primary inputs also include observations of credit default swap curves related to the issuer. |
3. | Municipals Primary inputs also include Municipal Securities Rulemaking Board reported trades and material event notices, and issuer financial statements. |
4. | Short-term investments Primary inputs also include material event notices and new issue money market rates. |
5. | Guaranteed Investment Contract Primary inputs also include market-corroborated discount rates. |
Level 3 | The Plans securities classified as Level 3 are valued based on brokers prices. Long-dated securities are priced based on third party pricing services. Primary inputs for these long-dated securities are consistent with the typical inputs used in Level 1 and Level 2 measurements noted above, but include benchmark interest rate or credit spread assumptions that are not observable in the marketplace. |
F-9
Note 5. Fair Value Measurements (continued)
The following tables set forth by level within the fair value hierarchy a summary of the Plans investments measured at fair value on a recurring basis at December 31, 2011 and 2010.
The tables below include the major categorization for debt and equity securities on the basis of the nature and risk of the investments at December 31, 2011 and 2010.
Investment Assets at Fair Value as of December 31, 2011 | ||||||||||||||||
Active Markets for Identical Assets (Level 1) |
Other Observable Inputs (Level 2) |
Significant Unobservable Inputs (Level 3) |
Total | |||||||||||||
Short Term Investments |
$ | | $ | 132,810 | $ | | $ | 132,810 | ||||||||
Fixed Income Securities: |
||||||||||||||||
Group annuity contracts |
||||||||||||||||
Short Term Investments |
| 17,047 | | 17,047 | ||||||||||||
Guaranteed Investment Contract |
| 86,784 | | 86,784 | ||||||||||||
Debt Securities including U.S. Government Securities |
969 | 592,281 | 440 | 593,690 | ||||||||||||
Bond Investments |
163,337 | | | 163,337 | ||||||||||||
Equity Securities: |
||||||||||||||||
Company Stock |
123,185 | | | 123,185 | ||||||||||||
Large-Cap Equities |
422,923 | 196,460 | | 619,383 | ||||||||||||
Mid-Cap Equities |
221,666 | | | 221,666 | ||||||||||||
Small-Cap Equities |
136,872 | | | 136,872 | ||||||||||||
International Equities |
148,227 | | | 148,227 | ||||||||||||
Vanguard Retirement Funds |
413,608 | | | 413,608 | ||||||||||||
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|
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Total investments at fair value [1] |
$ | 1,630,787 | $ | 1,025,382 | $ | 440 | $ | 2,656,609 | ||||||||
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[1] Excludes $764 of dividend receivable and $2,100 of interest receivable recorded at fair value.
Investment Assets at Fair Value as of December 31, 2010 | ||||||||||||||||
Active Markets for Identical Assets (Level 1) |
Other Observable Inputs (Level 2) |
Significant Unobservable Inputs (Level 3) |
Total | |||||||||||||
Short Term Investments |
$ | | $ | 88,950 | $ | | $ | 88,950 | ||||||||
Fixed Income Securities: |
||||||||||||||||
Group annuity contracts |
||||||||||||||||
Short Term Investments |
| 10,736 | | 10,736 | ||||||||||||
Debt Securities including U.S. Government Securities |
13,143 | 658,124 | 6,115 | 677,382 | ||||||||||||
Bond Investments |
150,609 | | | 150,609 | ||||||||||||
Equity Securities: |
||||||||||||||||
Company Stock |
210,421 | | | 210,421 | ||||||||||||
Large-Cap Equities |
482,479 | 203,365 | | 685,844 | ||||||||||||
Mid-Cap Equities |
256,027 | | | 256,027 | ||||||||||||
Small-Cap Equities |
147,022 | | | 147,022 | ||||||||||||
International Equities |
179,554 | | | 179,554 | ||||||||||||
Vanguard Retirement Funds |
384,984 | | | 384,984 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total investments at fair value [2] |
$ | 1,824,239 | $ | 961,175 | $ | 6,115 | $ | 2,791,529 | ||||||||
|
|
|
|
|
|
|
|
[2] Excludes $403 of dividend receivable and $2,023 of interest receivable recorded at fair value.
F-10
Note 5. Fair Value Measurements (continued)
Total Plan investment assets at fair value classified within Level 3 were $440 and $6,115, as of December 31, 2011 and 2010, respectively, which consists of the Plans Stable Value Fund guaranteed investment contract holdings. Such amounts were less than 1% of Total investments on the Plans statements of net assets available for benefits at fair value for December 31, 2011 and 2010, respectively.
Rollforward of Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
The tables below set forth a summary of changes in the fair value of the Plans Level 3 investments for the years ended December 31, 2011 and 2010. As reflected in the table below, the net unrealized gain/(loss) on Level 3 investment assets was $(2,446) and $4,292 as of December 31, 2011 and 2010, respectively.
Level 3 Investment Assets and Investment Liabilities | ||||
Year Ended December 31, 2011 |
||||
Group Annuity Contracts |
||||
Balance, beginning of year |
$ | 6,115 | ||
Realized gains/(losses), net |
91 | |||
Unrealized gains/(losses), net |
(2,446 | ) | ||
Purchases |
| |||
Issuances |
| |||
Settlements |
| |||
Sales |
(2,486 | ) | ||
Transfers in to Level 3 |
639 | |||
Transfers out of Level 3 |
(1,473 | ) | ||
|
|
|||
Balance, end of year |
$ | 440 | ||
|
|
Level 3 Investment Assets and Investment Liabilities | ||||
Year Ended December 31, 2010 |
||||
Group Annuity Contracts |
||||
Balance, beginning of year |
$ | 18,343 | ||
Realized gains/(losses), net |
(1,765 | ) | ||
Unrealized gains/(losses), net |
4,292 | |||
Purchases |
| |||
Issuances |
| |||
Settlements |
| |||
Sales |
(6,055 | ) | ||
Transfers in to Level 3 |
1,807 | |||
Transfers out of Level 3 |
(10,507 | ) | ||
|
|
|||
Balance, end of year |
$ | 6,115 | ||
|
|
The change in unrealized gains/(losses) included in the statement of changes in net assets available for benefits related to assets still held at the reporting date totaled $(2,367) and $2,131 as of December 31, 2011 and 2010, respectively. The transfers out of Level 3 to Level 2 were due to a change in the pricing source which allowed for further validation of inputs.
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.
F-11
Note 6. Derivative Financial Instruments
Futures Contracts The Plan enters into futures contracts as part of the Stable Value Fund in the normal course of its investing activities to manage market risk associated with the Plans fixed-income investments and to achieve overall investment portfolio objectives. These contracts involve elements of market risk in excess of amounts recognized in the statements of net assets available for benefits. The credit risk associated with these contracts is minimal, as they are traded on organized exchanges and settled daily. The current days gains and losses are classified as derivatives receivable/payable for the investment portfolio, with a value of $(5) and $(48) at December 31, 2011 and December 31, 2010, respectively.
During 2011 and 2010, the Plan was a party to futures contracts held for trading purposes for U.S. Treasury bonds. Upon entering into a futures contract, the Plan is required to deposit either in cash or securities an amount (initial margin) equal to a certain percentage of the nominal value of the contract. Subsequent payments are then made or received by the Plan, depending on the daily fluctuation in the value of the underlying contracts. U.S. Treasury bills owned and included in the investments of the Plan, with a value of $1,212 and $1,408 at December 31, 2011 and 2010, respectively, were held by the Plans brokers as performance security on futures contracts.
At December 31, 2011 and 2010, the Plan had futures contracts to purchase or sell U.S. Treasury bonds contracts.
The fair value of futures contracts in the statements of net assets available for benefits is zero at December 31, 2011 and 2010, as cash settlements are done daily. Changes in fair value are accounted for as net depreciation in fair value of investments. For the years ended December 31, 2011 and 2010, the net loss related to future contracts was $(1,349) and $(346), respectively.
Note 7. Federal Income Tax Status
The Internal Revenue Service has determined and informed the Company by letter dated March 23, 2004 that the Plan and related Trust are designed in accordance with applicable sections of the Code. The Plan has been amended since receiving the determination letter. However, the Company and the Plan Administrator believe that the Plan is designed and is currently being operated in compliance with the applicable requirements of the Code and the Plan and related Trust continue to be tax-exempt. Therefore, no provision for income taxes has been included in the Plans financial statements.
U.S. GAAP requires that Plan management evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2011 and 2010, there are no uncertain positions taken that would require recognition of a tax liability (or asset) or disclosure in the financial statements. The Plan is subject to audit by the Internal Revenue Service; however there are currently no audits for any tax periods in progress. The Plan administrator believes it is no longer subject to income tax examinations for years prior to 2008.
Note 8. 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, the interests of affected Members automatically become fully-vested.
Note 9. 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, 2011 and 2010:
2011 | 2010 | |||||||
Net assets available for benefits per accompanying financial statements |
$ | 2,671,991 | $ | 2,813,825 | ||||
Amounts allocated to withdrawing Members |
| (73 | ) | |||||
Adjustment from contract value to fair value for fully benefit-responsive investment contracts |
42,679 | 33,549 | ||||||
|
|
|
|
|||||
Net assets per Form 5500 |
$ | 2,714,670 | $ | 2,847,301 | ||||
|
|
|
|
F-12
Note 9. Reconciliation of Financial Statements to Form 5500 (continued)
The following is a reconciliation of total investment loss and contributions on the accompanying financial statements and the amount reflected in Form 5500 for the year ended December 31, 2011:
Total investment loss and contributions per accompanying financial statements |
$ | 85,040 | ||
Add adjustment from contract value to fair value for fully benefit-responsive investment contracts at beginning of the year |
(33,549 | ) | ||
Deduct adjustment from contract value to fair value for fully benefit-responsive investment contracts at the end of the year |
42,679 | |||
|
|
|||
Total income per Form 5500 |
$ | 94,170 | ||
|
|
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, 2011:
Benefits paid to Members per accompanying financial statements |
$ | 224,848 | ||
Add amounts allocated to withdrawing Members current year |
| |||
Deduct amounts allocated to withdrawing Members prior year |
(73 | ) | ||
Deduct corrective distributions |
(8 | ) | ||
Deduct amounts allocated to deemed loan distributions |
(43 | ) | ||
|
|
|||
Benefits paid to Members per Form 5500 |
$ | 224,724 | ||
|
|
Note 10. Party-in-Interest Transactions
Certain plan investments are in funds managed by the Trustee, certain subsidiaries of the Company and BNY Mellon. Fees paid by the Plan for trustee, custodial and investment management services amounted to $772 for the year ended December 31, 2011. Fees paid by the Plan to a subsidiary of the Company pursuant to a group annuity contract issued by a subsidiary amounted to $61 for the year ended December 31, 2011. In addition, certain Plan investments are shares of mutual funds that are sponsored by The Hartford and shares of HFSGs common stock. At December 31, 2011 and 2010, the Plan held 7,580,603 shares and 7,943,419 shares of common stock of HFSG with a cost basis of $254,229 and $268,082, respectively. During the year ended December 31, 2011, the Plan recorded dividend income from HFSGs common stock and The Hartfords mutual funds of $15,858.
Note 11. Plan Amendments
Effective December 31, 2011, the Plan was amended so that in the event that a proper Investment Fund election is not on file for a Member, legal settlement proceeds resulting from the settlement of In re. Hartford Financial Services Group, Inc. ERISA Litigation, No. 3:08-cv-01708 (D. Conn.) shall be invested in the Stable Value Fund.
The definition of Salary in the Plan was amended to cease the inclusion of rehabilitation pay after December 31, 2011.
Effective October 1, 2011, the Plan was amended to allow the conversion of eligible amounts to Roth 401(k) contributions under the Plan.
Effective June 1, 2011, The Dreyfus Corporation through its BNY Mellon Stable Value Group, assumed manager responsibilities for the Stable Value Fund.
Effective October 1, 2010, the definition of the term Service in the Plan was amended to include periods of employment by an employee with Xchanging prior to October 1, 2010, so long as such employee becomes employed by The Hartford during October, 2010 under the September 15, 2010 agreement for Oasis Outsourcing immediately following employment with Xchanging.
Effective January 1, 2010, the Plan was amended to restrict roundtrip transactions, that is, generally, an exchange in and then out of an investment fund within a certain period of days. In addition, the Plan was also amended to restrict hardship distributions to safe harbor hardships (i.e., the occurrence of certain specified events).
F-13
Note 12. Subsequent Events
For the year ended December 31, 2011, subsequent events were evaluated through the date the financial statements were issued.
Effective February 1, 2012, an amendment was made that reflected the first step in the transition of the Plans default funds from Vanguard mutual funds to Vanguard collective trusts.
Effective April 1, 2012, the Plan was amended to allow Participants to appoint an investment manager made available by the Pension Administration Committee to invest all of his or her Accounts.
The Hartford announced, and the Board of Directors of The Hartford approved, on April 23,2012, that effective January 1, 2013, a safe harbor plan design will be adopted and the following changes will be made to the Plan:
The Matching Contribution will increase from 50% to 100% of Member contributions of up to 6% of eligible earnings.
The vesting period for the employer Matching Contribution will be 100% after two years of service for contributions made after January 1, 2013.
The existing Floor Company contribution will be replaced by a new Non-Elective Company contribution of 2% of eligible earnings, which will also vest 100% after two years of service.
Newly hired employees will receive Matching Company and Non-Elective Company contributions after 90 days of service, rather than after 6 months. Member contributions, which can currently be made immediately after hire, will be permitted after 90 days of service.
To encourage retirement savings, any Member contributing less than 3% of eligible earnings as of December 31, 2012 (including those not contributing to the Plan) will be automatically enrolled in the Plan effective January 1, 2013.
The definition of eligible earnings will be expanded to include annual bonuses and overtime.
The Company will pay certain plan administrative expenses previously paid by the Participants.
F-14
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, 2011
($ IN THOUSANDS, except for par value)
(a) |
(b) Identity of issue, borrower, lessor, |
(c) Description of investment including maturity date, rate
of |
(d) Cost |
(e) Current value |
||||||
The Hartford Stock Fund |
||||||||||
* |
The Hartford | The Hartford Stock Fund, common stock (7,580,603 shares) | *** | $ | 123,185 | |||||
* |
State Street Bank and Trust | State Street Cash Fund STIF | *** | 187 | ||||||
|
|
|||||||||
Subtotal Stock Fund |
123,372 | |||||||||
|
|
|||||||||
The Hartford ISP S&P Index Fund |
||||||||||
* |
The Hartford | Index Fund, Fund #NCD5 | *** | 196,460 | ||||||
|
|
|||||||||
Subtotal Index Fund |
196,460 | |||||||||
|
|
|||||||||
Separately managed account |
||||||||||
Columbus Circle | Columbus Circle Large Cap Growth Fund, Fund #NMB2 | *** | 5,176 | |||||||
* |
State Street Bank and Trust | State Street Cash Fund STIF | *** | 266 | ||||||
|
|
|||||||||
Subtotal Separate Account |
5,442 | |||||||||
|
|
|||||||||
Mutual Funds: |
||||||||||
Total Return Bond HLS Fund |
||||||||||
* |
The Hartford | Hartford Series Fund, Inc. Bond HLS Fund, Class IA shares, Fund #NCC3 | *** | 100,801 | ||||||
Money Market HLS Fund |
||||||||||
* |
The Hartford | Hartford Series Fund, Inc. Money Market HLS Fund, Class IA shares, Fund #NCD1 | *** | 77,120 | ||||||
Dividend and Growth HLS Fund |
||||||||||
* |
The Hartford | Hartford Series Fund, Inc. Dividend and Growth HLS Fund, Class IA shares, Fund #NCD4 | *** | 137,410 | ||||||
International Opportunities HLS Fund |
||||||||||
* |
The Hartford | Hartford Series Fund, Inc. International Opportunities HLS Fund, Class IA shares, Fund #NCC6 | *** | 110,639 | ||||||
Capital Appreciation HLS Fund |
||||||||||
* |
The Hartford | Hartford Series Fund, Inc. Capital Appreciation HLS Fund, Class IA shares, Fund #NCD3 | *** | 280,337 | ||||||
Small Company HLS Fund |
||||||||||
* |
The Hartford | Hartford Series Fund, Inc. Small Company HLS Fund, Class IA shares, Fund #NCC1 | *** | 128,046 | ||||||
MidCap HLS Fund |
||||||||||
* |
The Hartford | Hartford Series Fund, Inc. MidCap HLS Fund, Class IA shares, Fund #NCC2 | *** | 221,666 | ||||||
High Yield HLS Fund |
||||||||||
* |
The Hartford | Hartford Series Fund, Inc. High Yield HLS Fund, Class IA shares, Fund #NCC4 | *** | 62,536 |
* | 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. |
F-15
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, 2011
($ IN THOUSANDS, except for par value)
(a) |
(b) Identity of issue, borrower, lessor, |
(c) Description of investment including maturity date, rate
of |
(d) Cost |
(e) Current value |
||||||
Global Growth HLS Fund |
||||||||||
* |
The Hartford | Hartford Series Fund, Inc. Global Growth HLS Fund, Class IA shares, Fund #NCC7 | *** | $ | 37,588 | |||||
Target Retirement Income Fund |
||||||||||
Vanguard | Vanguard Target Retirement Income Fund, Fund #NMA4 | *** | 20,691 | |||||||
Target Retirement 2005 Fund |
||||||||||
Vanguard | Vanguard Target Retirement 2005 Fund, Fund #NMA5 | *** | 12,753 | |||||||
Target Retirement 2010 Fund |
||||||||||
Vanguard | Vanguard Target Retirement 2010 Fund, Fund #NMB3 | *** | 3,550 | |||||||
Target Retirement 2015 Fund |
||||||||||
Vanguard | Vanguard Target Retirement 2015 Fund, Fund #NMA6 | *** | 83,381 | |||||||
Target Retirement 2020 Fund |
||||||||||
Vanguard | Vanguard Target Retirement 2020 Fund, Fund #NMB4 | *** | 9,349 | |||||||
Target Retirement 2025 Fund |
||||||||||
Vanguard | Vanguard Target Retirement 2025 Fund, Fund #NMA7 | *** | 123,671 | |||||||
Target Retirement 2030 Fund |
||||||||||
Vanguard | Vanguard Target Retirement 2030 Fund, Fund #NMB5 | *** | 8,284 | |||||||
Target Retirement 2035 Fund |
||||||||||
Vanguard | Vanguard Target Retirement 2035 Fund, Fund #NMA8 | *** | 87,880 | |||||||
Target Retirement 2040 Fund |
||||||||||
Vanguard | Vanguard Target Retirement 2040 Fund, Fund #NMB6 | *** | 5,405 | |||||||
Target Retirement 2045 Fund |
||||||||||
Vanguard | Vanguard Target Retirement 2045 Fund, Fund #NMA9 | *** | 51,848 | |||||||
Target Retirement 2050 Fund |
||||||||||
Vanguard | Vanguard Target Retirement 2050 Fund, Fund #NMB7 | *** | 6,796 | |||||||
RS Partners Y Fund |
||||||||||
RS Partners | RS Partners Y Fund, Fund # NMB1 | *** | 8,826 | |||||||
|
|
|||||||||
Subtotal Mutual Funds |
1,578,577 | |||||||||
|
|
* | 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. |
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, 2011
($ IN THOUSANDS, except for par value)
(a) |
(b) Identity of issue, borrower, lessor, or similar party |
(c) Description of investment including par or maturity value |
(d) Cost | (e) Current value |
||||||||||||||||
Stable Value Fund | ||||||||||||||||||||
* |
BNY Mellon | |
Stable Value Fund, Fund #NCD6, including the following group annuity contracts: |
|
||||||||||||||||
Natixis Financial Products Inc. | |
Group Annuity Contract #WR1879-02, 4.49% ** |
|
*** | $ | 96,597 | ||||||||||||||
Monumental Life Insurance Company | |
Group Annuity Contract #MDA01097TR, 4.50% ** |
|
*** | 130,369 | |||||||||||||||
Shared Holdings (aa) | Interest rate |
Maturity | Par Value | |||||||||||||||||
AT+T INC |
5.800 | % | 02/15/19 | 820,000 | *** | 968 | ||||||||||||||
ADOBE SYSTEMS INC |
4.750 | % | 02/01/20 | 234,000 | *** | 254 | ||||||||||||||
AETNA INC |
6.000 | % | 06/15/16 | 465,000 | *** | 535 | ||||||||||||||
AFFILIATED COMPUTER SVCS |
5.200 | % | 06/01/15 | 235,000 | *** | 252 | ||||||||||||||
AIRGAS INC |
2.850 | % | 10/01/13 | 255,000 | *** | 260 | ||||||||||||||
ALBEMARLE CORP |
4.500 | % | 12/15/20 | 325,000 | *** | 348 | ||||||||||||||
ALCOA INC |
6.150 | % | 08/15/20 | 210,000 | *** | 218 | ||||||||||||||
FNMA TBA 15 YR |
3.000 | % | 12/01/99 | 1,080,000 | *** | 1,115 | ||||||||||||||
FEDERAL NATL MTG ASSN |
3.000 | % | 12/01/99 | 1,070,000 | *** | 1,102 | ||||||||||||||
FNMA TBA 30YR SINGLE FAMILY JA |
3.500 | % | 12/01/99 | 2,177,000 | *** | 2,239 | ||||||||||||||
ALLY AUTO RECEIVABLES TRUST |
1.550 | % | 08/17/15 | 350,000 | *** | 354 | ||||||||||||||
ALLY AUTO RECEIVABLES TRUST |
2.230 | % | 03/15/16 | 256,000 | *** | 263 | ||||||||||||||
ALLY AUTO RECEIVABLES TRUST |
0.650 | % | 03/17/14 | 180,000 | *** | 180 | ||||||||||||||
AMERICAN EXPRESS BK FSB |
5.550 | % | 10/17/12 | 465,000 | *** | 481 | ||||||||||||||
AMERICAN EXPRESS BK FSB |
5.500 | % | 04/16/13 | 463,000 | *** | 484 | ||||||||||||||
AMER EXPRESS CREDIT CO |
2.750 | % | 09/15/15 | 325,000 | *** | 327 | ||||||||||||||
AMERICAN INTL GROUP |
3.650 | % | 01/15/14 | 207,000 | *** | 201 | ||||||||||||||
AMERICREDIT AUTOMOBILE RECEIVA |
0.900 | % | 09/08/14 | 437,565 | *** | 437 | ||||||||||||||
AMERISOURCEBERGEN CORP |
5.625 | % | 09/15/12 | 280,000 | *** | 289 | ||||||||||||||
ANHEUSER BUSCH COS LLC |
5.500 | % | 01/15/18 | 225,000 | *** | 260 | ||||||||||||||
ANHEUSER BUSCH INBEV WOR |
1.500 | % | 07/14/14 | 296,000 | *** | 298 | ||||||||||||||
ARCELORMITTAL |
9.850 | % | 06/01/19 | 871,000 | *** | 969 | ||||||||||||||
BAE SYSTEMS HOLDINGS INC |
5.200 | % | 08/15/15 | 480,000 | *** | 516 | ||||||||||||||
BB+T CORPORATION |
5.700 | % | 04/30/14 | 500,000 | *** | 547 | ||||||||||||||
BURLINGTN NO SF 05 3 TR |
4.830 | % | 01/15/23 | 543,446 | *** | 590 | ||||||||||||||
BANC OF AMERICA COMMERCIAL MOR |
0.045 | % | 10/10/45 | 45,063,739 | *** | 34 | ||||||||||||||
BANC OF AMERICA COMMERCIAL MOR |
5.449 | % | 01/15/49 | 210,000 | *** | 221 |
* | 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. |
(aa) | See F-28 for definition. |
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, 2011
($ IN THOUSANDS, except for par value)
(a) |
(b) Identity of issue, borrower, lessor, or similar party |
(c) Description of investment including maturity date, rate of interest, collateral, par or maturity value |
(d) Cost | (e) Current value |
||||||||||||||||
Shared Holdings (aa) | Interest rate |
Maturity | Par Value | |||||||||||||||||
BANK OF AMERICA CORP | 4.500 | % | 04/01/15 | 450,000 | *** | 434 | ||||||||||||||
BANK OF AMERICA CORP | 1.848 | % | 01/30/14 | 415,000 | *** | 375 | ||||||||||||||
BARCLAYS BANK PLC | 6.050 | % | 12/04/17 | 285,000 | *** | 258 | ||||||||||||||
BEAR STEARNS COMMERCIAL MORTGA | 0.857 | % | 07/11/42 | 3,858,362 | *** | 27 | ||||||||||||||
BEAR STEARNS COMMERCIAL MORTGA | 0.617 | % | 11/11/41 | 3,300,864 | *** | 22 | ||||||||||||||
BELLSOUTH CORP | 4.750 | % | 11/15/12 | 275,000 | *** | 284 | ||||||||||||||
BLACKROCK INC | 5.000 | % | 12/10/19 | 336,000 | *** | 367 | ||||||||||||||
BRAMBLES USA INC | 3.950 | % | 04/01/15 | 390,000 | *** | 403 | ||||||||||||||
BRITISH COLUMBIA PROV OF | 2.850 | % | 06/15/15 | 500,000 | *** | 530 | ||||||||||||||
BRITISH COLUMBIA PROV OF | 2.650 | % | 09/22/21 | 330,000 | *** | 337 | ||||||||||||||
CITIGROUP/DEUTSCHE BANK COMMER | 5.886 | % | 11/15/44 | 425,000 | *** | 471 | ||||||||||||||
CRH AMERICA INC | 5.300 | % | 10/15/13 | 1,086,000 | *** | 1,128 | ||||||||||||||
CVS CAREMARK CORP | 5.750 | % | 06/01/17 | 465,000 | *** | 543 | ||||||||||||||
CANADIAN IMPERIAL BANK | 2.350 | % | 12/11/15 | 540,000 | *** | 543 | ||||||||||||||
CANADIAN NATL RESOURCES | 3.450 | % | 11/15/21 | 404,000 | *** | 421 | ||||||||||||||
CANADIAN PACIFIC RR CO | 7.250 | % | 05/15/19 | 250,000 | *** | 293 | ||||||||||||||
CAPITAL AUTO RECEIVABLES ASSET | 5.210 | % | 03/17/14 | 64,427 | *** | 65 | ||||||||||||||
CAPITAL ONE BANK USA NA | 6.500 | % | 06/13/13 | 350,000 | *** | 369 | ||||||||||||||
CATERPILLAR FINANCIAL SE | 2.650 | % | 04/01/16 | 465,000 | *** | 484 | ||||||||||||||
CITIGROUP/DEUTSCHE BANK COMMER | 5.617 | % | 10/15/48 | 400,000 | *** | 438 | ||||||||||||||
CENTERPOINT ENER HOUSTON | 5.700 | % | 03/15/13 | 465,000 | *** | 488 | ||||||||||||||
CHASE ISSUANCE TRUST | 5.120 | % | 10/15/14 | 713,000 | *** | 738 | ||||||||||||||
CITIGROUP INC | 4.750 | % | 05/19/15 | 1,283,000 | *** | 1,299 | ||||||||||||||
CITIBANK CREDIT CARD ISSUANCE | 5.350 | % | 02/07/20 | 500,000 | *** | 596 | ||||||||||||||
CITIGROUP COMMERCIAL MORTGAGE | 5.728 | % | 03/15/49 | 275,000 | *** | 283 | ||||||||||||||
CITIGROUP COMMERCIAL MORTGAGE | 5.431 | % | 10/15/49 | 673,000 | *** | 748 | ||||||||||||||
CITIGROUP COMMERCIAL MORTGAGE | 5.697 | % | 12/10/49 | 205,000 | *** | 226 | ||||||||||||||
CLIFFS NATURAL RESOURCES | 5.900 | % | 03/15/20 | 247,000 | *** | 263 | ||||||||||||||
COMCAST CORP | 5.700 | % | 05/15/18 | 179,000 | *** | 206 | ||||||||||||||
COMERICA INC | 3.000 | % | 09/16/15 | 232,000 | *** | 237 | ||||||||||||||
COMMERCIAL MORTGAGE PASS THROU | 4.715 | % | 03/10/39 | 449,806 | *** | 473 | ||||||||||||||
GREENWICH CAPITAL COMMERCIAL F | 5.882 | % | 07/10/38 | 495,000 | *** | 550 | ||||||||||||||
GREENWICH CAPITAL COMMERCIAL F | 5.444 | % | 03/10/39 | 495,000 | *** | 536 | ||||||||||||||
COMMONWEALTH EDISON | 1.625 | % | 01/15/14 | 608,000 | *** | 612 | ||||||||||||||
CONNECTICUT LIGHT + PWR | 5.000 | % | 04/01/15 | 825,000 | *** | 919 | ||||||||||||||
CONSUMERS ENERGY COMPANY | 5.375 | % | 04/15/13 | 850,000 | *** | 894 | ||||||||||||||
CS FIRST BOSTON MORTGAGE SECUR | 4.813 | % | 02/15/38 | 450,524 | *** | 465 | ||||||||||||||
CREDIT SUISSE MORTGAGE CAPITAL | 5.661 | % | 03/15/39 | 636,000 | *** | 656 | ||||||||||||||
CREDIT SUISSE NEW YORK | 5.400 | % | 01/14/20 | 395,000 | *** | 373 | ||||||||||||||
DBUBS MORTGAGE TRUST | 3.642 | % | 08/10/44 | 300,000 | *** | 316 | ||||||||||||||
DAIMLER FINANCE NA LLC | 2.625 | % | 09/15/16 | 720,000 | *** | 716 | ||||||||||||||
DELTA AIR LINES 2010 2A | 4.950 | % | 05/23/19 | 461,357 | *** | 467 | ||||||||||||||
DEVON ENERGY CORPORATION | 2.400 | % | 07/15/16 | 345,000 | *** | 353 |
* | 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 |
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, 2011
($ IN THOUSANDS, except for par value)
(a) |
(b) Identity of issue, borrower, lessor, or similar party |
(c) Description of investment including maturity date, rate of interest, collateral, par or maturity value |
(d) Cost | (e) Current value |
||||||||||||||||
Shared Holdings (aa) | Interest rate |
Maturity | Par Value | |||||||||||||||||
DIRECTV HOLDINGS/FING | 3.500 | % | 03/01/16 | 420,000 | *** | 433 | ||||||||||||||
DOMINION RESOURCES INC | 2.669 | % | 09/30/66 | 755,000 | *** | 634 | ||||||||||||||
DOW CHEMICAL CO/THE | 4.250 | % | 11/15/20 | 265,000 | *** | 275 | ||||||||||||||
DUKE ENERGY CAROLINAS | 5.750 | % | 11/15/13 | 470,000 | *** | 511 | ||||||||||||||
DUKE ENERGY CAROLINAS | 1.750 | % | 12/15/16 | 320,000 | *** | 322 | ||||||||||||||
ERAC USA FINANCE COMPANY | 5.600 | % | 05/01/15 | 420,000 | *** | 459 | ||||||||||||||
EASTMAN CHEMICAL CO | 3.000 | % | 12/15/15 | 680,000 | *** | 694 | ||||||||||||||
ECOLAB INC | 4.350 | % | 12/08/21 | 300,000 | *** | 320 | ||||||||||||||
ENSCO PLC | 3.250 | % | 03/15/16 | 315,000 | *** | 321 | ||||||||||||||
ENTERPRISE PRODUCTS OPER | 5.650 | % | 04/01/13 | 202,000 | *** | 211 | ||||||||||||||
ENTERPRISE PRODUCTS OPER | 6.500 | % | 01/31/19 | 256,000 | *** | 298 | ||||||||||||||
EXTENDED STAY AMERICA TRUST | 2.951 | % | 11/05/27 | 185,215 | *** | 186 | ||||||||||||||
FED HM LN PC POOL G01629 | 6.000 | % | 10/01/33 | 61,172 | *** | 68 | ||||||||||||||
FED HM LN PC POOL G11657 | 4.500 | % | 12/01/18 | 466,627 | *** | 498 | ||||||||||||||
FED HM LN PC POOL C78023 | 5.500 | % | 04/01/33 | 553,344 | *** | 603 | ||||||||||||||
FED HM LN PC POOL A77952 | 5.000 | % | 05/01/38 | 92,590 | *** | 100 | ||||||||||||||
FED HM LN PC POOL G03156 | 5.500 | % | 08/01/37 | 945,471 | *** | 1,027 | ||||||||||||||
FED HM LN PC POOL G05671 | 5.500 | % | 08/01/38 | 495,103 | *** | 538 | ||||||||||||||
FED HM LN PC POOL G14174 | 5.000 | % | 03/01/25 | 723,259 | *** | 780 | ||||||||||||||
FED HM LN PC POOL J00617 | 5.500 | % | 12/01/20 | 168,907 | *** | 183 | ||||||||||||||
FED HM LN PC POOL J00921 | 5.000 | % | 12/01/20 | 72,654 | *** | 78 | ||||||||||||||
FED HM LN PC POOL J01060 | 5.000 | % | 01/01/21 | 60,726 | *** | 66 | ||||||||||||||
FED HM LN PC POOL J01201 | 5.000 | % | 02/01/21 | 53,556 | *** | 58 | ||||||||||||||
FED HM LN PC POOL C03475 | 6.000 | % | 04/01/40 | 597,967 | *** | 658 | ||||||||||||||
FED HM LN PC POOL C03506 | 6.000 | % | 05/01/40 | 1,275,467 | *** | 1,401 | ||||||||||||||
FED HM LN PC POOL A11544 | 5.500 | % | 06/01/33 | 57,683 | *** | 63 | ||||||||||||||
FED HM LN PC POOL A15942 | 6.000 | % | 11/01/33 | 48,364 | *** | 54 | ||||||||||||||
FED HM LN PC POOL B19557 | 5.500 | % | 07/01/20 | 470,344 | *** | 511 | ||||||||||||||
FED HM LN PC POOL A26586 | 6.000 | % | 09/01/34 | 78,585 | *** | 88 | ||||||||||||||
FED HM LN PC POOL Q02688 | 4.000 | % | 08/01/41 | 297,458 | *** | 315 | ||||||||||||||
FED HM LN PC POOL G11868 | 5.500 | % | 07/01/20 | 225,284 | *** | 246 | ||||||||||||||
FREDDIE MAC | 6.000 | % | 03/15/17 | 531,821 | *** | 569 | ||||||||||||||
FNMA POOL 253880 | 6.500 | % | 07/01/16 | 81,708 | *** | 90 | ||||||||||||||
FNMA POOL 357821 | 6.000 | % | 05/01/35 | 1,211,436 | *** | 1,340 | ||||||||||||||
FREDDIE MAC | 3.500 | % | 11/15/25 | 805,000 | *** | 845 | ||||||||||||||
FREDDIE MAC | 3.500 | % | 12/15/25 | 1,956,857 | *** | 2,054 | ||||||||||||||
FREDDIE MAC | 3.500 | % | 12/15/25 | 2,348,143 | *** | 2,508 | ||||||||||||||
FHLMC MULTIFAMILY STRUCTURED P | 4.333 | % | 10/25/20 | 650,000 | *** | 729 | ||||||||||||||
FHMS K701 A2 | 3.882 | % | 11/25/17 | 515,000 | *** | 563 | ||||||||||||||
FNMA POOL 514135 | 6.000 | % | 07/01/14 | 11,217 | *** | 12 | ||||||||||||||
FNMA POOL 532577 | 7.000 | % | 07/01/15 | 73,042 | *** | 79 | ||||||||||||||
FNMA POOL 535675 | 7.000 | % | 01/01/16 | 143,111 | *** | 154 | ||||||||||||||
FNMA POOL 535740 | 7.000 | % | 12/01/15 | 21,986 | *** | 24 |
* | 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. |
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, 2011
($ IN THOUSANDS, except for par value)
(a) |
(b) Identity of issue, borrower, lessor, or similar party |
(c) Description of investment including maturity date, rate of interest, collateral, par or maturity value |
(d) Cost | (e) Current value |
||||||||||||||||||
Shared Holdings (aa) | Interest rate |
Maturity | Par Value | |||||||||||||||||||
FNMA POOL 555417 | 6.000 | % | 05/01/33 | 205,126 | *** | 229 | ||||||||||||||||
FNMA POOL 555545 | 5.000 | % | 06/01/18 | 248,567 | *** | 268 | ||||||||||||||||
FNMA POOL 555591 | 5.500 | % | 07/01/33 | 292,111 | *** | 319 | ||||||||||||||||
FNMA POOL 574924 | 7.000 | % | 04/01/16 | 25,936 | *** | 28 | ||||||||||||||||
FNMA POOL 611020 | 6.500 | % | 01/01/17 | 57,905 | *** | 64 | ||||||||||||||||
FNMA POOL AH6737 | 4.000 | % | 02/01/26 | 936,030 | *** | 989 | ||||||||||||||||
FNMA POOL AI0786 | 4.500 | % | 04/01/41 | 983,669 | *** | 1,048 | ||||||||||||||||
FNMA POOL AI1296 | 4.500 | % | 06/01/41 | 2,800,238 | *** | 2,982 | ||||||||||||||||
FNMA POOL AJ1625 | 3.000 | % | 10/01/26 | 1,064,962 | *** | 1,102 | ||||||||||||||||
FNMA POOL AJ6859 | 3.500 | % | 11/01/41 | 1,101,505 | *** | 1,136 | ||||||||||||||||
FNMA POOL AL0194 | 4.000 | % | 01/01/41 | 2,130,390 | *** | 2,260 | ||||||||||||||||
FNMA POOL AL1123 | 3.500 | % | 11/01/26 | 1,055,454 | *** | 1,105 | ||||||||||||||||
FNMA POOL 651377 | 6.000 | % | 07/01/17 | 110,683 | *** | 120 | ||||||||||||||||
FNMA POOL 712104 | 5.000 | % | 05/01/18 | 58,778 | *** | 63 | ||||||||||||||||
FNMA POOL 725704 | 6.000 | % | 08/01/34 | 163,193 | *** | 182 | ||||||||||||||||
FNMA POOL 730716 | 6.000 | % | 08/01/33 | 115,044 | *** | 128 | ||||||||||||||||
FNMA POOL 734059 | 5.500 | % | 08/01/33 | 36,715 | *** | 40 | ||||||||||||||||
FNMA POOL 739610 | 5.500 | % | 09/01/33 | 528,190 | *** | 577 | ||||||||||||||||
FNMA POOL 745140 | 5.000 | % | 11/01/35 | 769,805 | *** | 832 | ||||||||||||||||
FNMA POOL 745418 | 5.500 | % | 04/01/36 | 84,456 | *** | 92 | ||||||||||||||||
FNMA POOL 745932 | 6.500 | % | 11/01/36 | 556,757 | *** | 625 | ||||||||||||||||
FNMA POOL 756154 | 6.000 | % | 11/01/33 | 158,533 | *** | 177 | ||||||||||||||||
FNMA POOL 763689 | 5.000 | % | 01/01/34 | 43,668 | *** | 47 | ||||||||||||||||
FNMA POOL 792191 | 5.500 | % | 09/01/34 | 284,656 | *** | 311 | ||||||||||||||||
FNMA POOL 805176 | 5.500 | % | 01/01/20 | 436,096 | *** | 475 | ||||||||||||||||
FNMA POOL 835158 | 5.000 | % | 08/01/35 | 120,825 | *** | 131 | ||||||||||||||||
FNMA POOL 878104 | 5.500 | % | 04/01/36 | 351,625 | *** | 384 | ||||||||||||||||
FNMA POOL 889757 | 5.000 | % | 02/01/38 | 887,181 | *** | 959 | ||||||||||||||||
FNMA POOL 890338 | 5.000 | % | 05/01/41 | 917,951 | *** | 992 | ||||||||||||||||
FNMA POOL 908560 | 5.500 | % | 01/01/22 | 36,159 | *** | 39 | ||||||||||||||||
FNMA POOL 915350 | 4.500 | % | 04/01/23 | 217,752 | *** | 232 | ||||||||||||||||
FNMA POOL 938253 | 6.000 | % | 07/01/37 | 531,926 | *** | 586 | ||||||||||||||||
FNMA POOL 942224 | 5.500 | % | 07/01/37 | 628,873 | *** | 685 | ||||||||||||||||
FNMA POOL 944026 | 6.500 | % | 08/01/37 | 1,087,558 | *** | 1,218 | ||||||||||||||||
FNMA POOL 962036 | 5.000 | % | 03/01/38 | 273,753 | *** | 296 | ||||||||||||||||
FNMA POOL 995467 | 4.500 | % | 09/01/23 | 767,672 | *** | 819 | ||||||||||||||||
FNMA POOL 995838 | 5.500 | % | 05/01/39 | 257,594 | *** | 281 | ||||||||||||||||
FNMA POOL AA4266 | 4.500 | % | 05/01/24 | 218,848 | *** | 234 | ||||||||||||||||
FNMA POOL AB0536 | 6.000 | % | 02/01/37 | 490,253 | *** | 546 | ||||||||||||||||
FNMA POOL MA0072 | 4.000 | % | 05/01/29 | 3,595,420 | *** | 3,799 | ||||||||||||||||
FNMA POOL AD2676 | 4.000 | % | 03/01/25 | 467,090 | *** | 493 | ||||||||||||||||
FNMA POOL AD7368 | 4.000 | % | 07/01/25 | 821,700 | *** | 867 | ||||||||||||||||
FIFTH THIRD BANK | 0.576 | % | 05/17/13 | 350,000 | *** | 343 |
* | 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. |
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, 2011
($ IN THOUSANDS, except for par value)
(a) |
(b) Identity of issue, borrower, lessor, or similar party |
(c) Description of investment including maturity date, rate of interest, collateral, par or maturity value |
(d) Cost | (e) Current value |
||||||||||||||||
Shared Holdings (aa) | Interest rate |
Maturity | Par Value | |||||||||||||||||
FICO STRIP PRIN | 0.010 | % | 05/11/18 | 580,000 | *** | 519 | ||||||||||||||
FORD CREDIT AUTO OWNER TRUST | 1.580 | % | 09/15/15 | 1,130,000 | *** | 1,143 | ||||||||||||||
GE CAPITAL CREDIT CARD MASTER | 2.210 | % | 06/15/16 | 500,000 | *** | 510 | ||||||||||||||
GE CAPITAL CREDIT CARD MASTER | 0.828 | % | 01/15/17 | 600,000 | *** | 604 | ||||||||||||||
GNMA POOL 569327 | 6.500 | % | 04/15/32 | 340,889 | *** | 395 | ||||||||||||||
GNMA POOL 580880 | 6.500 | % | 11/15/31 | 31,809 | *** | 37 | ||||||||||||||
GNMA POOL 583958 | 6.500 | % | 06/15/32 | 52,989 | *** | 61 | ||||||||||||||
GNMA II POOL 003624 | 5.500 | % | 10/20/34 | 198,446 | *** | 224 | ||||||||||||||
GNMA II POOL 004599 | 5.000 | % | 12/20/39 | 766,490 | *** | 848 | ||||||||||||||
GNMA II POOL 004686 | 4.000 | % | 05/20/25 | 848,069 | *** | 911 | ||||||||||||||
GNMA II POOL 004696 | 4.500 | % | 05/20/40 | 6,266,645 | *** | 6,852 | ||||||||||||||
GNMA II POOL 004800 | 4.000 | % | 09/20/40 | 222,809 | *** | 239 | ||||||||||||||
GNMA II POOL 004801 | 4.500 | % | 09/20/40 | 4,459,658 | *** | 4,877 | ||||||||||||||
GNMA POOL 434787 | 8.000 | % | 05/15/30 | 12,513 | *** | 14 | ||||||||||||||
GNMA POOL 434429 | 6.500 | % | 06/15/14 | 1,497 | *** | 2 | ||||||||||||||
GNMA POOL 434476 | 6.000 | % | 08/15/14 | 9,168 | *** | 10 | ||||||||||||||
GNMA POOL 485856 | 6.500 | % | 10/15/31 | 49,863 | *** | 58 | ||||||||||||||
GNMA POOL 726316 | 5.000 | % | 09/15/39 | 781,453 | *** | 870 | ||||||||||||||
GNMA POOL 728974 | 5.000 | % | 12/15/39 | 2,066,112 | *** | 2,291 | ||||||||||||||
GNMA POOL 731661 | 5.000 | % | 08/15/40 | 847,562 | *** | 940 | ||||||||||||||
GNMA POOL 732075 | 4.000 | % | 05/15/25 | 1,779,947 | *** | 1,912 | ||||||||||||||
GNMA POOL 737261 | 4.000 | % | 05/15/25 | 10,249,016 | *** | 11,008 | ||||||||||||||
GNMA POOL 737651 | 5.000 | % | 11/15/40 | 253,708 | *** | 281 | ||||||||||||||
GNMA POOL 487166 | 6.000 | % | 05/15/14 | 6,915 | *** | 8 | ||||||||||||||
GNMA POOL 488737 | 6.000 | % | 04/15/14 | 553 | *** | 1 | ||||||||||||||
GNMA POOL 496511 | 6.000 | % | 02/15/14 | 355 | *** | 0 | ||||||||||||||
GNMA POOL 499306 | 6.000 | % | 08/15/14 | 17,616 | *** | 19 | ||||||||||||||
GNMA POOL 499281 | 6.500 | % | 06/15/14 | 774 | *** | 1 | ||||||||||||||
GNMA POOL 499406 | 6.000 | % | 03/15/14 | 18,603 | *** | 20 | ||||||||||||||
GNMA POOL 500796 | 8.000 | % | 07/15/30 | 14,966 | *** | 15 | ||||||||||||||
GNMA POOL 500932 | 6.000 | % | 06/15/14 | 1,147 | *** | 1 | ||||||||||||||
GNMA POOL 508857 | 6.000 | % | 09/15/14 | 1,184 | *** | 1 | ||||||||||||||
GNMA POOL 510279 | 6.000 | % | 08/15/14 | 10,237 | *** | 11 | ||||||||||||||
GNMA POOL 510403 | 5.000 | % | 01/15/35 | 75,665 | *** | 84 | ||||||||||||||
GNMA POOL 510844 | 8.000 | % | 12/15/29 | 1,237 | *** | 1 | ||||||||||||||
GNMA POOL 513731 | 6.500 | % | 07/15/14 | 707 | *** | 1 | ||||||||||||||
GNMA POOL 515804 | 8.000 | % | 06/15/30 | 3,375 | *** | 4 | ||||||||||||||
GNMA POOL 518044 | 8.000 | % | 12/15/29 | 2,511 | *** | 3 | ||||||||||||||
GNMA POOL 521708 | 8.000 | % | 12/15/29 | 395 | *** | 0 | ||||||||||||||
GNMA POOL 526364 | 8.000 | % | 07/15/30 | 4,866 | *** | 5 | ||||||||||||||
GNMA POOL 533946 | 6.500 | % | 04/15/32 | 12,882 | *** | 15 | ||||||||||||||
GNMA POOL 550887 | 5.000 | % | 08/15/35 | 111,568 | *** | 124 | ||||||||||||||
GNMA POOL 551678 | 6.500 | % | 10/15/31 | 2,811 | *** | 3 |
* | 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. |
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, 2011
($ IN THOUSANDS, except for par value)
(a) |
(b) Identity of issue, borrower, lessor, or similar party |
(c) Description of investment including maturity date, rate of interest, collateral, par or maturity value |
(d) Cost | (e) Current value |
||||||||||||||||
Shared Holdings (aa) | Interest rate |
Maturity | Par Value | |||||||||||||||||
GNMA POOL 551077 | 6.500 | % | 11/15/31 | 22,891 | *** | 27 | ||||||||||||||
GNMA POOL 551120 | 6.500 | % | 08/15/31 | 122,360 | *** | 142 | ||||||||||||||
GNMA POOL 552571 | 6.500 | % | 05/15/32 | 66,483 | *** | 77 | ||||||||||||||
GNMA POOL 271940 | 5.500 | % | 08/15/18 | 248,529 | *** | 272 | ||||||||||||||
GNMA POOL 780762 | 6.500 | % | 04/15/13 | 12,383 | *** | 13 | ||||||||||||||
GNMA POOL 781410 | 5.500 | % | 03/15/17 | 246,861 | *** | 266 | ||||||||||||||
GS MORTGAGE SECURITIES CORPORA | 4.761 | % | 07/10/39 | 398,000 | *** | 417 | ||||||||||||||
GS MORTGAGE SECURITIES CORPORA | 0.711 | % | 07/10/39 | 10,158,246 | *** | 33 | ||||||||||||||
GS MORTGAGE SECURITIES CORPORA | 5.553 | % | 04/10/38 | 550,000 | *** | 598 | ||||||||||||||
GNMA POOL 622278 | 5.000 | % | 04/15/35 | 86,254 | *** | 96 | ||||||||||||||
GNMA POOL 631242 | 5.500 | % | 06/15/35 | 264,675 | *** | 297 | ||||||||||||||
GNMA POOL 641601 | 5.000 | % | 03/15/35 | 117,769 | *** | 131 | ||||||||||||||
GNMA POOL 646865 | 5.000 | % | 08/15/35 | 55,531 | *** | 62 | ||||||||||||||
GE CAPITAL COMMERCIAL MORTGAGE | 0.002 | % | 03/10/44 | 1,155,826,488 | *** | 138 | ||||||||||||||
GENERAL DYNAMICS CORP | 2.250 | % | 07/15/16 | 255,000 | *** | 263 | ||||||||||||||
GENERAL ELECTRIC CO | 5.250 | % | 12/06/17 | 390,000 | *** | 448 | ||||||||||||||
GENERAL ELEC CAP CORP | 4.375 | % | 09/16/20 | 372,000 | *** | 380 | ||||||||||||||
GILEAD SCIENCES INC | 4.400 | % | 12/01/21 | 250,000 | *** | 265 | ||||||||||||||
GOLDMAN SACHS GROUP INC | 5.625 | % | 01/15/17 | 280,000 | *** | 275 | ||||||||||||||
GOOGLE INC | 2.125 | % | 05/19/16 | 465,000 | *** | 484 | ||||||||||||||
GOVERNMENT NATIONAL MORTGAGE A | 5.000 | % | 08/20/39 | 500,221 | *** | 549 | ||||||||||||||
GOVERNMENT STIF 18 | 0.012 | % | 12/31/30 | 9,644,197 | *** | 9,643 | ||||||||||||||
GREAT RIVER ENERGY | 5.829 | % | 07/01/17 | 643,537 | *** | 731 | ||||||||||||||
GREEN TREE FINANCIAL CORPORATI | 7.050 | % | 01/15/19 | 92,476 | *** | 93 | ||||||||||||||
GREENWICH CAPITAL COMMERCIAL F | 0.018 | % | 04/10/37 | 50,690,518 | *** | 36 | ||||||||||||||
HCP INC | 3.750 | % | 02/01/16 | 379,000 | *** | 386 | ||||||||||||||
HSBC BANK USA | 4.625 | % | 04/01/14 | 550,000 | *** | 562 | ||||||||||||||
HARLEY DAVIDSON MOTORCYCLE TRU | 1.160 | % | 02/15/15 | 530,000 | *** | 531 | ||||||||||||||
HARLEY DAVIDSON MOTORCYCLE TRU | 0.960 | % | 05/16/16 | 244,000 | *** | 243 | ||||||||||||||
HEALTH CARE REIT INC | 3.625 | % | 03/15/16 | 296,000 | *** | 291 | ||||||||||||||
HEWLETT PACKARD CO | 5.400 | % | 03/01/17 | 465,000 | *** | 513 | ||||||||||||||
HONDA AUTO RECEIVABLES OWNER T | 1.130 | % | 10/15/14 | 690,000 | *** | 693 | ||||||||||||||
HONDA AUTO RECEIVABLES OWNER T | 0.940 | % | 03/18/15 | 450,000 | *** | 451 | ||||||||||||||
HSBC FINANCE CORP | 4.750 | % | 07/15/13 | 535,000 | *** | 546 | ||||||||||||||
HOWARD HUGHES MEDICAL IN | 3.450 | % | 09/01/14 | 425,000 | *** | 453 | ||||||||||||||
HYUNDAI AUTO RECEIVABLES TRUST | 1.650 | % | 02/15/17 | 500,000 | *** | 508 | ||||||||||||||
INCITEC PIVOT LTD | 4.000 | % | 12/07/15 | 500,000 | *** | 510 | ||||||||||||||
INTL BK RECON + DEVELOP | 0.500 | % | 11/26/13 | 635,000 | *** | 634 | ||||||||||||||
IBM CORP | 7.625 | % | 10/15/18 | 185,000 | *** | 248 | ||||||||||||||
JPMORGAN CHASE + CO | 5.125 | % | 09/15/14 | 1,045,000 | *** | 1,102 | ||||||||||||||
JPMORGAN CHASE + CO | 6.000 | % | 01/15/18 | 135,000 | *** | 151 | ||||||||||||||
JPMORGAN CHASE + CO | 3.450 | % | 03/01/16 | 295,000 | *** | 300 |
* | 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. |
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, 2011
($ IN THOUSANDS, except for par value)
(a) |
(b) Identity of issue, borrower, lessor, or similar party |
(c) Description of investment including maturity date, rate of interest, collateral, par or maturity value |
(d) Cost | (e) Current value |
||||||||||||||||
Shared Holdings (aa) | Interest rate |
Maturity | Par Value | |||||||||||||||||
JP MORGAN CHASE COMMERCIAL MOR | 4.404 | % | 01/12/39 | 106,000 | *** | 111 | ||||||||||||||
JP MORGAN CHASE COMMERCIAL MOR | 0.173 | % | 08/15/42 | 45,765,660 | *** | 62 | ||||||||||||||
JP MORGAN CHASE COMMERCIAL MOR | 5.814 | % | 06/12/43 | 500,000 | *** | 541 | ||||||||||||||
JP MORGAN CHASE COMMERCIAL MOR | 3.364 | % | 11/13/44 | 160,000 | *** | 162 | ||||||||||||||
KANSAS GAS + ELECTRIC CO | 6.700 | % | 06/15/19 | 147,000 | *** | 182 | ||||||||||||||
KEY BANK NA | 5.800 | % | 07/01/14 | 465,000 | *** | 496 | ||||||||||||||
KINDER MORGAN ENER PART | 3.500 | % | 03/01/16 | 170,000 | *** | 177 | ||||||||||||||
KFW | 2.000 | % | 06/01/16 | 500,000 | *** | 515 | ||||||||||||||
KROGER CO/THE | 4.950 | % | 01/15/15 | 825,000 | *** | 911 | ||||||||||||||
LB UBS COMMERCIAL MORTGAGE TRU | 0.675 | % | 09/15/39 | 17,940,728 | *** | 212 | ||||||||||||||
LB UBS COMMERCIAL MORTGAGE TRU | 5.303 | % | 02/15/40 | 218,006 | *** | 219 | ||||||||||||||
LG+E + KU ENERGY LLC | 2.125 | % | 11/15/15 | 610,000 | *** | 601 | ||||||||||||||
LEHMAN BROTHERS SMALL BALANCE | 5.620 | % | 09/25/36 | 95,664 | *** | 92 | ||||||||||||||
LLOYDS TSB BANK PLC | 4.375 | % | 01/12/15 | 516,000 | *** | 497 | ||||||||||||||
LOCKHEED MARTIN CORP | 2.125 | % | 09/15/16 | 215,000 | *** | 215 | ||||||||||||||
MERRILL LYNCH/COUNTRYWIDE COMM | 5.172 | % | 12/12/49 | 405,000 | *** | 436 | ||||||||||||||
MARATHON PETROLEUM CORP | 5.125 | % | 03/01/21 | 275,000 | *** | 287 | ||||||||||||||
MECCANICA HOLDINGS USA | 6.250 | % | 07/15/19 | 190,000 | *** | 156 | ||||||||||||||
MELLON FUNDING CORP | 5.500 | % | 11/15/18 | 460,000 | *** | 510 | ||||||||||||||
MERRILL LYNCH + CO | 6.050 | % | 05/16/16 | 395,000 | *** | 372 | ||||||||||||||
MERRILL LYNCH MORTGAGE TRUST | 0.871 | % | 10/12/41 | 3,221,350 | *** | 10 | ||||||||||||||
MERRILL LYNCH MORTGAGE TRUST | 0.219 | % | 09/12/42 | 13,993,670 | *** | 47 | ||||||||||||||
METLIFE INC | 5.375 | % | 12/15/12 | 395,000 | *** | 411 | ||||||||||||||
MET LIFE GLOB FUNDING I | 2.500 | % | 01/11/13 | 375,000 | *** | 380 | ||||||||||||||
MICROSOFT CORP | 1.625 | % | 09/25/15 | 420,000 | *** | 432 | ||||||||||||||
MONONGAHELA POWER CO | 6.700 | % | 06/15/14 | 360,000 | *** | 399 | ||||||||||||||
MORGAN STANLEY CAPITAL I | 5.042 | % | 08/13/42 | 465,000 | *** | 476 | ||||||||||||||
MORGAN STANLEY CAPITAL I | 0.623 | % | 12/13/41 | 7,863,433 | *** | 51 | ||||||||||||||
MORGAN STANLEY | 3.800 | % | 04/29/16 | 615,000 | *** | 567 | ||||||||||||||
MORGAN STANLEY CAPITAL I | 5.600 | % | 04/12/49 | 379,896 | *** | 388 | ||||||||||||||
NCUA GUARANTEED NOTES | 2.900 | % | 10/29/20 | 339,000 | *** | 358 | ||||||||||||||
NABORS INDUSTRIES INC | 9.250 | % | 01/15/19 | 175,000 | *** | 220 | ||||||||||||||
NATIONWIDE FINANCIAL SER | 5.375 | % | 03/25/21 | 329,000 | *** | 323 | ||||||||||||||
NBCUNIVERSAL MEDIA LLC | 5.150 | % | 04/30/20 | 230,000 | *** | 256 | ||||||||||||||
NEVADA POWER CO | 5.875 | % | 01/15/15 | 565,000 | *** | 634 | ||||||||||||||
NISSAN AUTO RECEIVABLES OWNER | 4.740 | % | 08/17/15 | 1,065,000 | *** | 1,091 | ||||||||||||||
NISSAN AUTO RECEIVABLES OWNER | 1.940 | % | 09/15/17 | 590,000 | *** | 603 | ||||||||||||||
NOBLE ENERGY INC | 4.150 | % | 12/15/21 | 342,000 | *** | 354 | ||||||||||||||
ONCOR ELECTRIC DELIVERY | 5.950 | % | 09/01/13 | 280,000 | *** | 300 | ||||||||||||||
ONEOK PARTNERS LP | 3.250 | % | 02/01/16 | 282,000 | *** | 290 | ||||||||||||||
PNC FUNDING CORP | 3.625 | % | 02/08/15 | 399,000 | *** | 419 | ||||||||||||||
PNC BANK NA | 6.875 | % | 04/01/18 | 303,000 | *** | 344 |
* | 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. |
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, 2011
($ IN THOUSANDS, except for par value)
(a) |
(b) Identity of issue, borrower, lessor, or similar party |
(c) Description of investment including maturity date, rate of interest, collateral, par or maturity value |
(d) Cost | (e) Current value |
||||||||||||||||
Shared Holdings (aa) | Interest rate |
Maturity | Par Value | |||||||||||||||||
PACIFIC GAS + ELECTRIC | 6.250 | % | 12/01/13 | 500,000 | *** | 546 | ||||||||||||||
PARTNERS HEALTHCARE SYST | 3.443 | % | 07/01/21 | 160,000 | *** | 161 | ||||||||||||||
PEPCO HOLDINGS INC | 2.700 | % | 10/01/15 | 265,000 | *** | 268 | ||||||||||||||
PEPSICO INC | 3.100 | % | 01/15/15 | 370,000 | *** | 392 | ||||||||||||||
PEPSICO INC | 2.500 | % | 05/10/16 | 465,000 | *** | 484 | ||||||||||||||
PETRO CANADA | 4.000 | % | 07/15/13 | 510,000 | *** | 528 | ||||||||||||||
PLAINS ALL AMER PIPELINE | 6.125 | % | 01/15/17 | 400,000 | *** | 452 | ||||||||||||||
PRIDE INTERNATIONAL INC | 6.875 | % | 08/15/20 | 183,000 | *** | 215 | ||||||||||||||
PRUDENTIAL FINANCIAL INC | 4.750 | % | 04/01/14 | 1,000,000 | *** | 1,054 | ||||||||||||||
PUBLIC SERVICE COLORADO | 5.125 | % | 06/01/19 | 102,000 | *** | 121 | ||||||||||||||
PUB SVC ELEC + GAS | 5.375 | % | 09/01/13 | 1,000,000 | *** | 1,073 | ||||||||||||||
QUEST DIAGNOSTIC INC | 3.200 | % | 04/01/16 | 193,000 | *** | 200 | ||||||||||||||
QWEST CORP | 6.500 | % | 06/01/17 | 213,000 | *** | 233 | ||||||||||||||
REPUBLIC SERVICES INC | 3.800 | % | 05/15/18 | 319,000 | *** | 330 | ||||||||||||||
RIO TINTO FIN USA LTD | 8.950 | % | 05/01/14 | 800,000 | *** | 936 | ||||||||||||||
ROGERS COMMUNICATIONS IN | 6.375 | % | 03/01/14 | 485,000 | *** | 535 | ||||||||||||||
ROHM + HAAS COMPANY | 5.600 | % | 03/15/13 | 465,000 | *** | 486 | ||||||||||||||
ROYAL BK OF SCOTLAND PLC | 3.950 | % | 09/21/15 | 525,000 | *** | 492 | ||||||||||||||
RYDER SYSTEM INC | 3.150 | % | 03/02/15 | 220,000 | *** | 226 | ||||||||||||||
SANTANDER HOLDINGS USA | 4.625 | % | 04/19/16 | 127,000 | *** | 122 | ||||||||||||||
SEMPRA ENERGY | 6.500 | % | 06/01/16 | 284,000 | *** | 331 | ||||||||||||||
SIMON PROPERTY GROUP LP | 2.800 | % | 01/30/17 | 321,000 | *** | 328 | ||||||||||||||
SMALL BUSINESS ADMINISTRATION | 4.330 | % | 07/01/14 | 255,706 | *** | 262 | ||||||||||||||
SMALL BUSINESS ADMINISTRATION | 5.200 | % | 11/01/15 | 645,031 | *** | 678 | ||||||||||||||
SMALL BUSINESS ADMINISTRATION | 2.860 | % | 03/01/20 | 1,120,258 | *** | 1,167 | ||||||||||||||
SMALL BUSINESS ADMINISTRATION | 2.870 | % | 05/01/20 | 1,143,551 | *** | 1,192 | ||||||||||||||
SMALL BUSINESS ADMINISTRATION | 2.440 | % | 07/01/20 | 1,327,206 | *** | 1,363 | ||||||||||||||
SMALL BUSINESS ADMINISTRATION | 1.970 | % | 09/01/20 | 1,499,850 | *** | 1,527 | ||||||||||||||
SOUTHERN CALIF GAS CO | 4.800 | % | 10/01/12 | 695,000 | *** | 715 | ||||||||||||||
STATE STREET CORP | 2.875 | % | 03/07/16 | 400,000 | *** | 412 | ||||||||||||||
STATOIL ASA | 1.800 | % | 11/23/16 | 437,000 | *** | 443 | ||||||||||||||
LEHMAN BROTHERS SMALL BALANCE | 5.520 | % | 09/25/30 | 269,474 | *** | 213 | ||||||||||||||
SUNTRUST BANKS INC | 3.600 | % | 04/15/16 | 300,000 | *** | 306 | ||||||||||||||
SUNTRUST BANKS INC | 3.500 | % | 01/20/17 | 241,000 | *** | 242 | ||||||||||||||
SVENSKA HANDELSBANKEN AB | 3.125 | % | 07/12/16 | 300,000 | *** | 302 | ||||||||||||||
TELECOM ITALIA CAPITAL | 7.175 | % | 06/18/19 | 147,000 | *** | 138 | ||||||||||||||
TALISMAN ENERGY | 7.750 | % | 06/01/19 | 345,000 | *** | 425 | ||||||||||||||
TECK RESOURCES LIMITED | 10.750 | % | 05/15/19 | 245,000 | *** | 299 | ||||||||||||||
TELECOM ITALIA CAPITAL | 5.250 | % | 11/15/13 | 400,000 | *** | 384 | ||||||||||||||
TELEFONICA EMISIONES SAU | 4.949 | % | 01/15/15 | 290,000 | *** | 288 |
* | 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. |
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, 2011
($ IN THOUSANDS, except for par value)
(a) |
(b) Identity of issue, borrower, lessor, or similar party |
(c) Description of investment including maturity date, rate of interest, collateral, par or maturity value |
(d) Cost | (e) Current value |
||||||||||||||||
Shared Holdings (aa) | Interest rate |
Maturity | Par Value | |||||||||||||||||
TEXAS INSTRUMENTS INC | 2.375 | % | 05/16/16 | 465,000 | *** | 484 | ||||||||||||||
TIME WARNER INC | 4.000 | % | 01/15/22 | 70,000 | *** | 72 | ||||||||||||||
TIME WARNER CABLE INC | 5.400 | % | 07/02/12 | 470,000 | *** | 481 | ||||||||||||||
TIME WARNER CABLE INC | 7.500 | % | 04/01/14 | 119,000 | *** | 133 | ||||||||||||||
TIME WARNER CABLE INC | 8.250 | % | 04/01/19 | 283,000 | *** | 355 | ||||||||||||||
TOYOTA AUTO RECEIVABLES OWNER | 0.530 | % | 04/15/14 | 500,000 | *** | 499 | ||||||||||||||
TRAVELERS COS INC | 3.900 | % | 11/01/20 | 146,000 | *** | 155 | ||||||||||||||
TRAVELERS PPTY CASUALTY | 5.000 | % | 03/15/13 | 524,000 | *** | 547 | ||||||||||||||
TYCO INTERNATIONAL FINAN | 8.500 | % | 01/15/19 | 240,000 | *** | 309 | ||||||||||||||
TYCO ELECTRONICS GROUP S | 6.550 | % | 10/01/17 | 161,000 | *** | 186 | ||||||||||||||
UBS AG STAMFORD CT | 5.875 | % | 07/15/16 | 330,000 | *** | 329 | ||||||||||||||
UNION BANK NA | 5.950 | % | 05/11/16 | 385,000 | *** | 417 | ||||||||||||||
UNION PACIFIC CORP | 5.125 | % | 02/15/14 | 800,000 | *** | 865 | ||||||||||||||
US BANCORP | 2.200 | % | 11/15/16 | 500,000 | *** | 505 | ||||||||||||||
US TREASURY N/B | 5.375 | % | 02/15/31 | 309,000 | *** | 440 | ||||||||||||||
US TREASURY N/B | 3.750 | % | 08/15/41 | 100,000 | *** | 118 | ||||||||||||||
US TREASURY N/B | 0.625 | % | 01/31/13 | 5,786,000 | *** | 5,813 | ||||||||||||||
US TREASURY N/B | 0.500 | % | 05/31/13 | 2,801,000 | *** | 2,813 | ||||||||||||||
US TREASURY N/B | 2.125 | % | 08/15/21 | 5,035,000 | *** | 5,164 | ||||||||||||||
US TREASURY N/B | 0.125 | % | 09/30/13 | 875,000 | *** | 873 | ||||||||||||||
US TREASURY N/B | 1.000 | % | 10/31/16 | 6,880,000 | *** | 6,946 | ||||||||||||||
US TREASURY N/B | 1.750 | % | 10/31/18 | 7,228,000 | *** | 7,438 | ||||||||||||||
US TREASURY N/B | 0.375 | % | 11/15/14 | 2,675,000 | *** | 2,677 | ||||||||||||||
US TREASURY N/B | 2.000 | % | 11/15/21 | 958,000 | *** | 969 | ||||||||||||||
US TREASURY N/B | 0.875 | % | 11/30/16 | 3,605,000 | *** | 3,616 | ||||||||||||||
UNITED TECHNOLOGIES CORP | 6.125 | % | 02/01/19 | 175,000 | *** | 216 | ||||||||||||||
VALERO ENERGY CORP | 9.375 | % | 03/15/19 | 114,000 | *** | 146 | ||||||||||||||
VALERO ENERGY CORP | 6.125 | % | 02/01/20 | 150,000 | *** | 167 | ||||||||||||||
VANDERBILT UNIVERSITY | 5.250 | % | 04/01/19 | 650,000 | *** | 769 | ||||||||||||||
VERIZON COMMUNICATIONS | 3.500 | % | 11/01/21 | 735,000 | *** | 765 | ||||||||||||||
CELLCO PART/VERI WIRELSS | 7.375 | % | 11/15/13 | 440,000 | *** | 490 | ||||||||||||||
CELLCO PART/VERI WIRELSS | 8.500 | % | 11/15/18 | 289,000 | *** | 390 | ||||||||||||||
VODAFONE GROUP PLC | 5.625 | % | 02/27/17 | 455,000 | *** | 528 | ||||||||||||||
VOLKSWAGEN AUTO LOAN ENHANCED | 1.980 | % | 09/20/17 | 1,000,000 | *** | 1,025 | ||||||||||||||
WACHOVIA BANK COMMERCIAL MORTG | 0.310 | % | 04/15/42 | 12,145,205 | *** | 15 | ||||||||||||||
WACHOVIA BANK NA | 4.875 | % | 02/01/15 | 500,000 | *** | 530 | ||||||||||||||
WAL MART STORES INC | 1.625 | % | 04/15/14 | 465,000 | *** | 475 | ||||||||||||||
WASTE MANAGEMENT INC | 6.100 | % | 03/15/18 | 281,000 | *** | 332 | ||||||||||||||
WESTPAC BANKING CORP | 4.200 | % | 02/27/15 | 440,000 | *** | 459 | ||||||||||||||
WRIGLEY WM JR CO | 3.050 | % | 06/28/13 | 420,000 | *** | 428 | ||||||||||||||
XEROX CORPORATION | 6.350 | % | 05/15/18 | 265,000 | *** | 299 |
* | 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. |
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, 2011
($ IN THOUSANDS, except for par value)
(a) |
(b) Identity of issue, borrower, lessor, or similar party |
(c) Description of investment including maturity date, rate of interest, collateral, par or maturity value |
(d) Cost |
(e) Current value |
||||||||||||||||||
Shared Holdings (aa) | Interest rate |
Maturity | Par Value | |||||||||||||||||||
XSTRATA FINANCE CANADA |
3.600 | % | 01/15/17 | 599,000 | *** | 604 | ||||||||||||||||
YARA INTERNATIONAL ASA |
7.875 | % | 06/11/19 | 285,000 | *** | 350 | ||||||||||||||||
|
|
|||||||||||||||||||||
Subtotal HIMCO Bond Fund | 226,966 | |||||||||||||||||||||
|
|
|||||||||||||||||||||
BNY Mellon |
|
Stable Value Fund, Fund #NCD6, including the following group annuity contracts: |
|
|||||||||||||||||||
Monumental Life Insurance Company |
|
Group Annuity Contract #MDA01098TR, 2.73% ** |
|
*** | $ | 139,949 | ||||||||||||||||
Natixis Financial Products Inc. |
|
Group Annuity Contract #1879-01, 4.44% ** |
|
*** | 88,578 | |||||||||||||||||
Prudential |
|
Group Annuity Contract #GA62433, 3.97% ** |
|
*** | 155,392 | |||||||||||||||||
Shared Holdings (bb) | Interest rate |
Maturity | Par Value | |||||||||||||||||||
CITIGROUP/DEUTSCHE BANK COMMER |
5.205 | % | 12/11/49 | 4,128,370 | *** | 4,180 | ||||||||||||||||
CAISSE CENTRALE DESJARDN |
2.650 | % | 09/16/15 | 600,000 | *** | 617 | ||||||||||||||||
CAPITAL ONE MULTI ASSET EXECUT |
4.700 | % | 06/15/15 | 3,925,000 | *** | 4,021 | ||||||||||||||||
CAPITAL ONE MULTI ASSET EXECUT |
5.050 | % | 02/15/16 | 1,900,000 | *** | 2,000 | ||||||||||||||||
CARMAX AUTO OWNER TRUST |
1.560 | % | 07/15/14 | 521,347 | *** | 524 | ||||||||||||||||
CHRYSLER FINANCIAL AUTO SECURI |
2.820 | % | 01/15/16 | 455,122 | *** | 458 | ||||||||||||||||
GREENWICH CAPITAL COMMERCIAL F |
5.381 | % | 03/10/39 | 2,247,010 | *** | 2,260 | ||||||||||||||||
CREDIT SUISSE MORTGAGE CAPITAL |
6.205 | % | 02/15/41 | 2,000,000 | *** | 2,069 | ||||||||||||||||
DISCOVER CARD MASTER TRUST |
5.650 | % | 12/15/15 | 2,400,000 | *** | 2,568 | ||||||||||||||||
FANNIE MAE |
0.900 | % | 11/07/14 | 5,000,000 | *** | 4,993 | ||||||||||||||||
FANNIE MAE |
2.000 | % | 03/25/25 | 2,295,110 | *** | 2,319 | ||||||||||||||||
FANNIE MAE |
2.000 | % | 08/25/26 | 5,119,378 | *** | 5,197 | ||||||||||||||||
FANNIE MAE |
1.125 | % | 05/07/15 | 4,000,000 | *** | 4,013 | ||||||||||||||||
FREDDIE MAC |
2.500 | % | 08/15/25 | 4,432,953 | *** | 4,544 | ||||||||||||||||
FREDDIE MAC |
2.000 | % | 02/15/40 | 2,411,965 | *** | 2,442 | ||||||||||||||||
FREDDIE MAC |
5.000 | % | 07/15/32 | 2,025,110 | *** | 2,108 | ||||||||||||||||
FANNIE MAE |
5.000 | % | 03/25/19 | 2,498,409 | *** | 2,689 | ||||||||||||||||
FREDDIE MAC |
5.000 | % | 09/15/38 | 1,337,068 | *** | 1,420 | ||||||||||||||||
FREDDIE MAC |
4.500 | % | 09/15/37 | 1,147,959 | *** | 1,200 | ||||||||||||||||
FANNIE MAE |
5.000 | % | 03/25/37 | 1,529,362 | *** | 1,596 | ||||||||||||||||
FANNIE MAE |
2.250 | % | 03/25/39 | 3,584,584 | *** | 3,599 | ||||||||||||||||
FORD CREDIT AUTO OWNER TRUST |
5.160 | % | 04/15/13 | 1,908,450 | *** | 1,929 | ||||||||||||||||
GS MORTGAGE SECURITIES CORPORA |
5.506 | % | 04/10/38 | 2,349,011 | *** | 2,365 | ||||||||||||||||
GENERAL ELEC CAP CORP |
2.000 | % | 09/28/12 | 4,000,000 | *** | 4,054 | ||||||||||||||||
GOVERNMENT NATIONAL MORTGAGE A |
5.000 | % | 02/16/32 | 790,281 | *** | 846 | ||||||||||||||||
GOVERNMENT STIF 18 |
0.012 | % | 12/31/30 | 7,402,563 | *** | 7,402 | ||||||||||||||||
GREENWICH CAPITAL COMMERCIAL F |
4.799 | % | 08/10/42 | 2,000,000 | *** | 2,148 |
* | 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. |
(bb) | See F-28 for definition. |
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, 2011
($ IN THOUSANDS, except for par value)
(a) |
(b) Identity of issue, borrower, lessor, or similar party |
(c) Description of investment including maturity date, rate of interest, collateral, par or maturity value |
(d) Cost | (e) Current value |
||||||||||||||||
Shared Holdings (bb) | Interest rate | Maturity | Par Value | |||||||||||||||||
HSBC BANK PLC | 2.000 | % | 01/19/14 | 425,000 | *** | 419 | ||||||||||||||
ING BANK NV | 2.625 | % | 02/09/12 | 550,000 | *** | 551 | ||||||||||||||
JP MORGAN CHASE COMMERCIAL MOR | 5.579 | % | 06/12/41 | 2,000,000 | *** | 2,222 | ||||||||||||||
JP MORGAN CHASE COMMERCIAL MOR | 5.740 | % | 02/12/49 | 556,114 | *** | 560 | ||||||||||||||
NCUA GUARANTEED NOTES | 1.600 | % | 10/29/20 | 208,729 | *** | 211 | ||||||||||||||
NATIONAL AUSTRALIA BANK | 2.500 | % | 01/08/13 | 750,000 | *** | 754 | ||||||||||||||
NEW YORK LIFE GLOBAL FDG | 3.000 | % | 05/04/15 | 415,000 | *** | 435 | ||||||||||||||
NISSAN AUTO RECEIVABLES OWNER | 0.950 | % | 02/16/16 | 2,000,000 | *** | 1,997 | ||||||||||||||
US CENTRAL FEDERAL CRED | 1.900 | % | 10/19/12 | 400,000 | *** | 406 | ||||||||||||||
1 3 YR CREDIT BOND INDEX FD | 0.000 | % | 1,535,009 | *** | 16,647 | |||||||||||||||
US TREASURY N/B | 1.375 | % | 05/15/13 | 1,600,000 | *** | 1,625 | ||||||||||||||
WEST CORP FED CRED UNION | 1.750 | % | 11/02/12 | 950,000 | *** | 962 | ||||||||||||||
WESTPAC BANKING CORP | 2.900 | % | 09/10/14 | 1,800,000 | *** | 1,881 | ||||||||||||||
WORLD OMNI AUTO RECEIVABLES TR | 0.960 | % | 08/15/16 | 3,000,000 | *** | 2,991 | ||||||||||||||
INT CORPORATE BD INDEX | 0.000 | % | 685,837 | *** | 30,850 | |||||||||||||||
COMM MORTGAGE BACKED SEC FD | 0.000 | % | 182,155 | *** | 4,276 | |||||||||||||||
INT GOVT BOND INDEX | 0.000 | % | 356,374 | *** | 13,964 | |||||||||||||||
PRUDENTIAL | 0.000 | % | 12,758,564 | *** | 155,392 | |||||||||||||||
MORTGAGE BACKED SEC INDX FD | 0.000 | % | 685,636 | *** | 30,930 | |||||||||||||||
1 TO 3 YEAR GOVT BD INDEX FD | 0.000 | % | 56,269 | *** | 6,244 | |||||||||||||||
ASSET BACKED SEC INDEX FD | 0.000 | % | 893,093 | *** | 27,722 | |||||||||||||||
LONG TERM GOV BD INDEX FD | 0.000 | % | 135,474 | *** | 9,319 | |||||||||||||||
|
|
|||||||||||||||||||
Subtotal BNY Mellon Bond Fund | 383,919 | |||||||||||||||||||
|
|
|||||||||||||||||||
Separate Account Guaranteed Investment Contract | ||||||||||||||||||||
New York Life |
|
Group Annuity Contract #GA29021, 3.24% ** |
|
*** | 86,784 | |||||||||||||||
Wrapper Contracts | ||||||||||||||||||||
Monumental Life Insurance Company |
|
Group Annuity Contract #MDA01098TR, 2.73% ** |
|
(44) | ||||||||||||||||
Natixis Financial Products |
|
Group Annuity Contract #1879-01, 4.44% ** |
|
38 | ||||||||||||||||
New York Life |
|
Group Annuity Contract #GA29021, 3.24% ** |
|
(142) | ||||||||||||||||
|
|
|||||||||||||||||||
Subtotal Wrapper Contracts | (148) | |||||||||||||||||||
|
|
|||||||||||||||||||
Subtotal Group Annuity Contracts | 697,521 | |||||||||||||||||||
|
|
|||||||||||||||||||
* |
State Street Bank and Trust | State Street Cash Fund STIF | *** | 54,983 | ||||||||||||||||
|
|
|||||||||||||||||||
Subtotal Stable Value Fund | 752,504 | |||||||||||||||||||
|
|
* | 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. |
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, 2011
($ IN THOUSANDS, except for par value)
(a) |
(b) Identity of issue, borrower, lessor,
or |
(c) Description of investment including maturity date, rate of interest, collateral, par or maturity value |
(d) Cost | (e) Current value |
||||||
Clearing Account |
||||||||||
* |
State Street Bank and Trust | Clearing Account, Fund #NCD8 | *** | $ | 222 | |||||
|
|
|||||||||
Subtotal Clearing Account |
222 | |||||||||
|
|
|||||||||
Master Expense Account |
||||||||||
* |
State Street Bank and Trust | Master Expense Account, Fund #NCD9 | *** | 32 | ||||||
|
|
|||||||||
Subtotal Master Expense Account |
32 | |||||||||
|
|
|||||||||
Investments Total |
$ | 2,656,609 | ||||||||
|
|
|||||||||
Loan Fund |
||||||||||
* |
Plan Members | Notes Receivable from Participants, maturing in 2012 through 2026 bearing interest at rates from 4.25% - 10.50% | N/A | $ | 55,523 | |||||
|
|
|||||||||
Subtotal Loan Fund |
55,523 | |||||||||
|
|
|||||||||
Grand Total |
$ | 2,712,132 | ||||||||
|
|
* | 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. |
(aa) | Shared holdings are other underlying securities making up the total value of the two Guaranteed Investment Contracts under the HIMCO Bond fund: Natixis #1879-02 and Monumental Life Insurance #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: Natixis #1879-01, Monumental Life Insurance #MDA01098TR, New York Life #GA29021 and Prudential #GA62433. |
F-28
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/ Erin Ridge | ||
Erin Ridge | ||
Plan Administrator | ||
June 27, 2012 |
F-29
EXHIBIT 23.1
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We consent to the incorporation by reference in Registration Statement Nos. 333-105706, 333-034092 and 333-157372 of The Hartford Financial Services Group, Inc. and its subsidiaries on Form S-8 of our report dated June 27, 2012, appearing in this Annual Report on Form 11-K of The Hartford Investment and Savings Plan for the year ended December 31, 2011.
DELOITTE & TOUCHE LLP
Hartford, Connecticut
June 27, 2012
F-30