UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
(Mark One)
x | ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the fiscal year ended December 31, 2012
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, 2012 and 2011
Page No(s). | ||||
F-1 | ||||
Financial Statements: |
||||
Statements of Net Assets Available for Benefits as of December 31, 2012 and 2011 |
F-2 | |||
Statement of Changes in Net Assets Available for Benefits for the Year Ended December 31, 2012 |
F-3 | |||
F-4 F-15 | ||||
Supplemental Schedule: |
||||
F-16 F-29 | ||||
F-30 | ||||
Exhibits |
||||
Exhibit 23.1 Consent of Independent Registered Public Accounting Firm |
F-31 |
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, 2012 and 2011, and the related statement of changes in net assets available for benefits for the year ended December 31, 2012. 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. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audits included 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, 2012 and 2011, and the changes in net assets available for benefits for the year ended December 31, 2012 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 financial statements taken as a whole. The supplemental schedule of assets (held at end of year) as of December 31, 2012 is presented for the purpose of additional analysis and is not a required part of the basic 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 financial statements and, in our opinion, is fairly stated in all material respects when considered in relation to the basic financial statements taken as a whole.
/s/ DELOITTE & TOUCHE LLP
June 28, 2013
F-1
EIN# 06-0383750
Plan# 100
THE HARTFORD INVESTMENT AND SAVINGS PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
AS OF DECEMBER 31, 2012 AND 2011
($ IN THOUSANDS)
2012 | 2011 | |||||||
Assets |
||||||||
Investments, at fair value: |
||||||||
The Hartford Stock Fund, common stock 6,928,096 and 7,580,603 shares at December 31, 2012 and 2011, respectively |
$ | 155,466 | $ | 123,185 | ||||
The Hartford Index Fund |
229,496 | 196,460 | ||||||
Separately managed account |
80,091 | 5,176 | ||||||
Collective investment trusts |
578,618 | | ||||||
Mutual funds |
1,115,963 | 1,578,577 | ||||||
Pooled temporary investments |
34,995 | 55,690 | ||||||
Group annuity contractsStable Value Fund |
725,429 | 697,521 | ||||||
|
|
|
|
|||||
Total investments |
2,920,058 | 2,656,609 | ||||||
Receivables: |
||||||||
Notes receivable from participants |
55,415 | 55,523 | ||||||
Dividends and interest receivable |
2,491 | 2,864 | ||||||
|
|
|
|
|||||
Total receivables |
57,906 | 58,387 | ||||||
|
|
|
|
|||||
Total assets |
2,977,964 | 2,714,996 | ||||||
Liabilities |
||||||||
Administrative expenses payable |
55 | 326 | ||||||
|
|
|
|
|||||
Total liabilities |
55 | 326 | ||||||
Net assets available for benefits at fair value |
2,977,909 | 2,714,670 | ||||||
Adjustment from fair value to contract value for fully benefit-responsive investment contracts |
(48,772 | ) | (42,679 | ) | ||||
|
|
|
|
|||||
Net assets available for benefits |
$ | 2,929,137 | $ | 2,671,991 | ||||
|
|
|
|
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, 2012
($ IN THOUSANDS)
2012 | ||||
Investment gain: |
||||
Net appreciation in fair value of investments |
$ | 315,283 | ||
Dividends |
21,004 | |||
|
|
|||
Total investment gain |
336,287 | |||
|
|
|||
Interest income on notes receivable from participants |
2,467 | |||
|
|
|||
Contributions: |
||||
Employee contributions |
133,767 | |||
Employer contributions, net of forfeitures |
57,106 | |||
Rollover contributions |
9,327 | |||
|
|
|||
Total contributions |
200,200 | |||
|
|
|||
Total additions |
538,954 | |||
|
|
|||
Deductions from net assets attributed to: |
||||
Benefits paid to Members |
279,872 | |||
Administrative expenses |
1,936 | |||
|
|
|||
Total deductions |
281,808 | |||
|
|
|||
Net increase |
257,146 | |||
Net assets available for benefits: |
||||
Beginning of year |
2,671,991 | |||
|
|
|||
End of year |
$ | 2,929,137 | ||
|
|
See Notes to Financial Statements.
F-3
THE HARTFORD INVESTMENT AND SAVINGS PLAN
AS OF DECEMBER 31, 2012 AND 2011
AND FOR THE YEAR ENDED DECEMBER 31, 2012
($ IN THOUSANDS)
Note 1. Description of the Plan
The following description of The Hartford Investment and Savings Plan (the Plan or ISP) as of December 31, 2012 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 and together with its subsidiaries, The Hartford, the Company) is an insurance and financial services company. The Hartford, headquartered in Connecticut, is among the largest providers of investment products and life, property, and casualty insurance to both individual and business customers in the United States of America. Also, The Hartford continues to administer business previously sold in Japan and the United Kingdom. The Plan Sponsor, Hartford Fire Insurance Company, is a wholly owned subsidiary of The Hartford.
Information with regard to eligibility, contributions, distributions, vesting, trustees, withdrawals, loans, fund redistribution and certain definitions are contained in the Plan Document. A Summary Plan Description setting forth the highlights of the Plan is available to Members on the Fidelity NetBenefits website. Fidelity Investments Institutional Operations Company, Inc. 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, 2012 and 2011.
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).
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, in 2012, the Company contributed 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 became eligible in 2012 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 retirement eligible 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, 2012, contributions of Member savings and Company contributions may be invested in any of the twenty-six 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, 2012 and 2011, forfeited non-vested account balances totaled $34 and $5, respectively. These forfeitures are applied to reduce future Matching Company contributions. During the year ended December 31, 2012, Matching Company contributions were reduced by $2,130 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 May 2011, the FASB issued ASU No. 2011-04, Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRS, 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 guidance is effective for reporting periods beginning after December 15, 2011. The effect of the adoption of ASU 2011-04 had no impact on the Plans statements of net assets available for benefits and statement of changes in nets assets available for benefits.
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 Index Fund, separately managed account, mutual funds, collective investment trusts 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 and collective investment trusts are charged directly against the assets of the fund and are not separately reflected. Consequently, investment expenses are reflected as a reduction of investment return for such investments. As of December 31, 2012 there were no unfunded commitments or redemption restrictions on collective investment trusts.
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.
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.
F-6
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, | ||||||||
2012 | 2011 | |||||||
* The Hartford Stock Fund, common stock (6,928,096 and 7,580,603 shares at December 31, 2012 and 2011, respectively) |
$ | 155,466 | $ | ** | ||||
* The Hartford Index Fund |
229,496 | 196,460 | ||||||
Collective investment trusts: |
||||||||
Vanguard Target Retirement 2025 |
149,108 | ** | ||||||
Mutual funds: |
||||||||
* Capital Appreciation HLS Fund |
285,340 | 280,337 | ||||||
* MidCap HLS Fund |
231,046 | 221,666 | ||||||
* Dividend and Growth HLS Fund |
148,483 | 137,410 | ||||||
Group annuity contracts: |
||||||||
Monumental Life Insurance Company, Contract #MDA01098TR |
** | 139,905 | ||||||
Prudential, Contract #GA62433 |
160,861 | 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, 2012 or December 31, 2011 |
For the year ended December 31, 2012, the Plans investments had appreciated, including gains and losses on investments bought and sold, as well as held during the year, as follows:
December 31, 2012 | ||||
The Hartford Stock Fund |
$ | 45,454 | ||
The Hartford Index Fund |
31,282 | |||
Separately managed account |
6,710 | |||
Group annuity contracts |
21,892 | |||
Mutual funds |
||||
Bond Investments |
6,187 | |||
Large-Cap Equities |
59,561 | |||
Mid-Cap Equities |
39,849 | |||
Small-Cap Equities |
20,208 | |||
International Equities |
24,402 | |||
Vanguard Retirement Funds (through 1/31/2012) |
(6,902 | ) | ||
Collective investment trusts |
||||
Vanguard Target Retirement Funds |
66,635 | |||
SSGA Real Asset |
5 | |||
|
|
|||
Net appreciation in fair value of investments |
$ | 315,283 | ||
|
|
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 $30 at December 31, 2012 and $(148) at December 31, 2011. 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 did not breach any contracts in 2012 or 2011.
Average yields: |
2012 | 2011 | ||||||
Based on annualized earnings (1) |
2.80 | % | 3.31 | % | ||||
Based on interest rate credited to participants (2) |
3.00 | % | 3.55 | % |
(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, 2012 and 2011, 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, 2012 and 2011, respectively. |
The following table represents the adjustment from fair value to contract value for each of the contracts as of December 31, 2012:
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 | $ | 122,959 | $ | 137,854 | $ | (14,895 | ) | |||||||||||
Monumental Life Insurance Company |
MDA01098TR | AA- / Aa2 | 139,267 | 145,690 | (6,423 | ) | ||||||||||||||
Natixis Financial Products Inc. |
1879-01 | AA / Aa2 | 88,778 | 89,890 | (1,112 | ) | ||||||||||||||
Natixis Financial Products Inc. |
1879-02 | AA+ /Aa3 | 91,135 | 102,142 | (11,007 | ) | ||||||||||||||
New York Life |
GA29021 | AA+ /Aaa | 84,411 | 88,992 | (4,581 | ) | ||||||||||||||
Prudential |
GA62433 | AA / Aa1 | 150,107 | 160,861 | (10,754 | ) | ||||||||||||||
|
|
|
|
|
|
|||||||||||||||
Total |
$ | 676,657 | $ | 725,429 | $ | (48,772 | ) | |||||||||||||
|
|
|
|
|
|
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, 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 | ) | ||||||||||||||
|
|
|
|
|
|
|||||||||||||||
Total |
$ | 654,842 | $ | 697,521 | $ | (42,679 | ) | |||||||||||||
|
|
|
|
|
|
Note 5. Fair Value Measurements
ASC 820, Fair Value Measurements and Disclosures, provides a framework for measuring fair value. That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value, as follows: Level 1, which refers to securities valued using unadjusted 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.
Asset Valuation Techniques Valuation techniques maximize the use of relevant observable inputs and minimize the use of unobservable inputs. The following is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used at December 31, 2012 and 2011.
Generally, the Plan determines the estimated fair value of its fixed income securities, equity securities and short-term investments using the market approach. The income approach is used for securities priced using a pricing matrix, as well as for derivative instruments. The stable value fund and collective investment trust assets are measured at fair value using a NAV as a practical expedient. For Level 1 investments, which are comprised primarily of exchange-traded equity securities, valuations are based on observable inputs that reflect quoted prices for identical assets in active markets that the Plan has the ability to access at the measurement date.
For most of the Plans debt securities, the following inputs are typically used in the Plans pricing methods: reported trades, benchmark yields, bids and/or estimated cash flows. For securities except U.S. Treasuries, inputs also include issuer spreads, which may consider credit default swaps.
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.
Corporates Valued using pricing models maximizing the use of observable inputs for similar securities. This includes basing value on yields currently available on comparable securities of issuers with similar credit ratings. When quoted prices are not available for identical or similar bonds, the bond is valued under a discounted cash flows approach that maximizes observable inputs, such as current yields of similar instruments, but includes adjustments for certain risks that may not be observable, such as credit and liquidity risks or a broker quote, if available. Inputs also include observations of credit default swap curves related to the issuer.
Municipals Primary inputs also include Municipal Securities Rulemaking Board reported trades and material event notices, and issuer financial statements.
Short-term investments Primary inputs also include material event notices and new issue money market rates.
F-9
Note 5. Fair Value Measurements (continued)
Mutual Funds Valued at the daily closing price as reported by the fund. Mutual funds held by the Plan are open-ended mutual funds that are registered with the Securities and Exchange Commission. These funds are required to publish their daily net asset value and to transact at that price. The mutual funds held by the Plan are deemed to be actively traded.
Stable Value Fund Valued at the net asset value of the underlying investments of a separate managed account within the Plans trust, which consists of units of collective investment trusts and a separate account guaranteed investment contract (GIC). The GIC primary inputs include market-corroborated discount rates. The net asset value as provided by the trustee is used as a practical expedient to estimate fair value.
Collective Investment Trusts The fair value of the collective trust investments are valued at the net asset value per unit as reported by the sponsor of the collective trust funds derived from the exchange where the underlying securities are primarily traded and are redeemable daily.
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, 2012 and 2011.
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, 2012 and 2011.
Investment Assets at Fair Value as of December 31, 2012 | ||||||||||||||||
Active Markets for Identical Assets (Level 1) |
Other Observable Inputs (Level 2) |
Significant Unobservable Inputs (Level 3) |
Total | |||||||||||||
Short Term Investments |
$ | | $ | 108,780 | $ | | $ | 108,780 | ||||||||
Fixed Income Securities: |
||||||||||||||||
Group annuity contracts |
||||||||||||||||
Short Term Investments |
| 13,073 | | 13,073 | ||||||||||||
Guaranteed Investment Contract |
| 88,992 | | 88,992 | ||||||||||||
Debt Securities including U.S. Government Securities |
| 622,795 | 570 | 623,365 | ||||||||||||
Bond Investments |
117,113 | 68,649 | 1,127 | 186,889 | ||||||||||||
Equity Securities: |
||||||||||||||||
Company Stock |
155,466 | | | 155,466 | ||||||||||||
Large-Cap Equities |
444,137 | 230,652 | | 674,789 | ||||||||||||
Mid-Cap Equities |
231,046 | | | 231,046 | ||||||||||||
Small-Cap Equities |
136,634 | | | 136,634 | ||||||||||||
International Equities |
123,562 | | | 123,562 | ||||||||||||
Vanguard Target Retirement Funds |
| 577,462 | | 577,462 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total investments at fair value [1] |
$ | 1,207,958 | $ | 1,710,403 | $ | 1,697 | $ | 2,920,058 | ||||||||
|
|
|
|
|
|
|
|
[1] | Excludes $711 of dividend receivable and $1,780 of interest receivable recorded at fair value. |
F-10
Note 5. Fair Value Measurements (continued)
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 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total investments at fair value [2] |
$ | 1,630,787 | $ | 1,025,382 | $ | 440 | $ | 2,656,609 | ||||||||
|
|
|
|
|
|
|
|
[2] | Excludes $764 of dividend receivable and $2,100 of interest receivable recorded at fair value. |
Transfers Between Levels The availability of observable market data is monitored to assess the appropriate classification of financial instruments within the fair value hierarchy. Changes in economic conditions or model-based valuation techniques may require the transfer of financial instruments from one fair value level to another. In such instances, the transfer is reported at the beginning of the reporting period.
We evaluate the significance of transfers between levels based upon the nature of the financial instrument and size of the transfer relative to total net assets available for benefits.
In February of 2012, the Plans investment in the Vanguard Funds changed in structure from Mutual funds to Collective investment trusts (CIT) and the corresponding assets are now classified as Level 2 as opposed to Level 1. As of December 31, 2012 there were $577,462 Level 2 CIT investments. As of December 31, 2011 there were $413,608 Level 1 Vanguard Retirement Fund investments.
F-11
Note 5. Fair Value Measurements (continued)
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, 2012 and 2011. As reflected in the table below, the net unrealized gain/(loss) on Level 3 investment assets was $206 and $(2,446) as of December 31, 2012 and 2011, respectively.
Level 3 Investment Assets and Investment Liabilities | ||||||||||||
Year Ended December 31, 2012 | ||||||||||||
Group Annuity Contracts |
Bond Investments |
Total | ||||||||||
Balance, beginning of year |
$ | 440 | $ | | $ | 440 | ||||||
Realized gains/(losses), net |
| | | |||||||||
Unrealized gains/(losses), net |
184 | 22 | 206 | |||||||||
Purchases |
| 1,107 | 1,107 | |||||||||
Issuances |
| | | |||||||||
Settlements |
| | | |||||||||
Sales |
(54 | ) | (2 | ) | (56 | ) | ||||||
Transfers in to Level 3 |
| | | |||||||||
Transfers out of Level 3 |
| | | |||||||||
|
|
|
|
|
|
|||||||
Balance, end of year |
$ | 570 | $ | 1,127 | $ | 1,697 | ||||||
|
|
|
|
|
|
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 | ||
|
|
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 $180 and $(2,367) as of December 31, 2012 and 2011, respectively.
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-12
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 $0 and $(5) at December 31, 2012 and December 31, 2011, respectively.
During 2012 and 2011, 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 $899 and $1,212 at December 31, 2012 and 2011, respectively, were held by the Plans brokers as performance security on futures contracts.
At December 31, 2012 and 2011, 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, 2012 and 2011, 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, 2012 and 2011, the net loss related to future contracts was $(1,986) and $(1,349), respectively.
Note 7. Federal Income Tax Status
The Internal Revenue Service (IRS) 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 IRS. The Plan is subject to audit by the IRS; 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 2009.
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, 2012 and 2011:
2012 | 2011 | |||||||||
Net assets available for benefits per accompanying financial statements |
$ | 2,929,137 | $ | 2,671,991 | ||||||
Adjustment from contract value to fair value for fully benefit-responsive investment contracts |
48,772 | 42,679 | ||||||||
|
|
|
|
|
||||||
Net assets per Form 5500 |
$ | 2,977,909 | $ | 2,714,670 | ||||||
|
|
|
|
|
F-13
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, 2012:
Total investment gain and contributions per accompanying financial statements |
$ | 538,954 | ||
Adjustment from contract value to fair value for fully benefit-responsive investment contracts at beginning of the year |
(42,679 | ) | ||
Adjustment from contract value to fair value for fully benefit-responsive investment contracts at the end of the year |
48,772 | |||
|
|
|||
Total income per Form 5500 |
$ | 545,047 | ||
|
|
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, 2012:
Benefits paid to Members per accompanying financial statements |
$ | 279,872 | ||
Add amounts allocated to withdrawing Members current year |
| |||
Deduct amounts allocated to withdrawing Members prior year |
| |||
Deduct corrective distributions |
31 | |||
Deduct amounts allocated to deemed loan distributions |
149 | |||
|
|
|||
Benefits paid to Members per Form 5500 |
$ | 279,692 | ||
|
|
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 $314 for the year ended December 31, 2012.
Fees paid by the Plan to a subsidiary of the Company pursuant to a group annuity contract issued by a subsidiary amounted to $62 for the year ended December 31, 2012. 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, 2012 and 2011, the Plan held 6,928,096 shares and 7,580,603 shares of common stock of HFSG with a cost basis of $231,071 and $254,229, respectively. During the year ended December 31, 2012, the Plan recorded dividend income from HFSGs common stock and The Hartfords mutual funds of $20,233.
Note 11. Plan Amendments and Other Changes
Effective January 1, 2012, the Plan was amended to make certain technical changes to clarify that: (1) returned excess contributions are adjusted for investment gains and losses through plan year end, and (2) the common stock of HFSG, of which The Hartford Stock Fund is largely comprised, is publicly traded.
Effective February 1, 2012, in the first step of a two-step process, the Plan transitioned its default funds from Vanguard Target Retirement mutual funds to collective investment trusts (the Vanguard Target Retirement Trusts II series of funds), and was amended to reflect this change. Technical changes were also made in the amendment to reflect the Plans account structure on the recordkeeping system.
Effective April 2, 2012, the Plan was amended to allow Members to appoint an investment manager (made available for this purpose by The Hartford Pension Administration Committee) to invest his or her Plan account.
Effective June 1, 2012, the Plan completed the transition of its default funds to the Vanguard Target Retirement Trusts I. Two new target date funds, the Vanguard Target Retirement 2055 Trust I and Vanguard Target Retirement 2060 Trust I, were also added to the Plan, and the Hartford High Yield HLS Fund was replaced with the ISP High Yield Bond Fund. The Plan was amended to reflect these changes, as well as for technical changes to reflect the Plans receipt of settlement proceeds in connection with the settlement of In re. Hartford Financial Services Group, Inc. ERISA Litigation, No. 3:08-cv-01708 (D. Conn.).
Effective August 1, 2012, the Plan was amended to provide that, in the event of the removal of an investment fund, existing balances and subsequent new contributions will be invested in a fund designated by the Hartford Fire Insurance Company Investment and Savings Plan Investment Committee in the absence of a Members investment election.
Effective September 1, 2012, the Hartford Global Growth HLS Fund was no longer available under the Plan.
F-14
Note 11. Plan Amendments and Other Changes (continued)
Effective November 1, 2012, the Plan was amended to provide the Executive Vice President, Human Resources with the authority to adopt any Plan amendment that does not involve a material cost to The Hartford Financial Services Group, Inc., Hartford Fire Insurance Company or the Plan.
Also by Plan amendment effective November 1, 2012, certain Plan design changes were implemented, effective as of January 1, 2013, including:
| the one-time automatic enrollment, at a 3% before-tax contribution rate, of any Member not currently contributing at least 3% of his or her eligible earnings to the Plan unless he or she provided a subsequent election, |
| the adoption of a safe harbor plan design in order to avoid certain annual non-discrimination testing, |
| an increase in the matching contribution amount from 50% to 100% of employee contributions of up to 6% of eligible earnings each pay period, |
| the replacement of the existing floor company contribution with a new non-elective company contribution of 2% of eligible earnings, |
| a shorter, 2-year vesting period for employer matching contributions and non-elective company contributions made after January 1, 2013, |
| an expansion of the definition of eligible earnings to include annual bonuses and overtime, |
| the accelerated eligibility to receive matching and non-elective company contributions, from 6 months to 90 days of service, for newly hired employees hired on or after January 1, 2013, and |
| a 90-day delay in eligibility to make employee contributions for newly hired employees hired on or after January 1, 2013 (previously, newly hired employees were immediately eligible to make employee contributions). |
Effective December 1, 2012, the State Street Global Advisors (SSGA) Real Asset Fund was added to the Plan.
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.
Note 12. Subsequent Events
For the year ended December 31, 2012, subsequent events were evaluated through the date the financial statements were issued.
Effective January 1, 2013, the Company will pay certain plan recordkeeping fees, administrative expenses and trustee fees previously paid by Members.
Effective July 1, 2013, three new multi-manager equity funds will be added to the plan: a large-cap equity fund, a small/mid-cap equity fund and an international equity fund. The new multi-manager funds will be comprised of several underlying funds (the Hartford Capital Appreciation HLS Fund, the Hartford Dividend and Growth HLS Fund, the Columbus Circle Large Cap Growth Fund, the Hartford Small Company HLS Fund, the Hartford Mid Cap HLS Fund and the Hartford International Opportunities HLS Fund), which will no longer be available as stand-alone options under the Plan. The RS Partners Y Fund will no longer be available under the Plan. All existing balances in, and future contributions to, those funds will be transferred to the corresponding new investment funds.
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, 2012
($ 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 |
||||||||
The Hartford Stock Fund |
||||||||||||
* |
The Hartford | The Hartford Stock Fund, common stock (6,928,096 shares) | *** | $ | 155,466 | |||||||
* |
State Street Bank and Trust | State Street Cash Fund STIF | *** | 237 | ||||||||
|
|
|||||||||||
Subtotal Stock Fund |
155,703 | |||||||||||
|
|
|||||||||||
The Hartford Index Fund |
||||||||||||
* |
The Hartford | Index Fund, Fund #NCD5 | *** | 229,496 | ||||||||
|
|
|||||||||||
Subtotal Index Fund |
229,496 | |||||||||||
|
|
|||||||||||
Separately managed account |
||||||||||||
Columbus Circle | Columbus Circle Large Cap Growth Fund, Fund #NMB2 | *** | 10,314 | |||||||||
* |
State Street Bank and Trust | State Street Cash Fund STIF | *** | 491 | ||||||||
ISP High Yield |
||||||||||||
* |
The Hartford | Hartford Series Fund, Inc. ISP High Yield Fund, Class IA shares, Fund #NMB8 | *** | 69,776 | ||||||||
|
|
|||||||||||
Subtotal Separate Account |
80,581 | |||||||||||
|
|
|||||||||||
Mutual Funds: |
||||||||||||
Total Return Bond HLS Fund |
||||||||||||
* |
The Hartford | Hartford Series Fund, Inc. Bond HLS Fund, Class IA shares, Fund #NCC3 | *** | 117,113 | ||||||||
Money Market HLS Fund |
||||||||||||
* |
The Hartford | Hartford Series Fund, Inc. Money Market HLS Fund, Class IA shares, Fund #NCD1 | *** | 73,786 | ||||||||
Dividend and Growth HLS Fund |
||||||||||||
* |
The Hartford | Hartford Series Fund, Inc. Dividend and Growth HLS Fund, Class IA shares, Fund #NCD4 | *** | 148,483 | ||||||||
International Opportunities HLS Fund |
||||||||||||
* |
The Hartford | Hartford Series Fund, Inc. International Opportunities HLS Fund, Class IA shares, Fund #NCC6 | *** | 123,562 | ||||||||
Capital Appreciation HLS Fund |
||||||||||||
* |
The Hartford | Hartford Series Fund, Inc. Capital Appreciation HLS Fund, Class IA shares, Fund #NCD3 | *** | 285,340 | ||||||||
Small Company HLS Fund |
||||||||||||
* |
The Hartford | Hartford Series Fund, Inc. Small Company HLS Fund, Class IA shares, Fund #NCC1 | *** | 127,732 | ||||||||
MidCap HLS Fund |
||||||||||||
* |
The Hartford | Hartford Series Fund, Inc. MidCap HLS Fund, Class IA shares, Fund #NCC2 | *** | 231,046 | ||||||||
RS Partners Y Fund |
||||||||||||
RS Partners | RS Partners Y Fund, Fund # NMB1 | *** | 8,902 | |||||||||
|
|
|||||||||||
Subtotal Mutual Funds | 1,115,964 | |||||||||||
|
|
* | 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, 2012
($ 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 |
||||||||
Collective Investment Trusts: | ||||||||||||
Real Asset C |
||||||||||||
SSGA |
SSGA Real Asset C Fund, Fund # NMB9 | *** | $ | 1,156 | ||||||||
Target Retirement Income Fund |
||||||||||||
Vanguard |
Vanguard Target Retirement Income Fund, Fund #NMA4 | *** | 37,018 | |||||||||
Target Retirement 2010 Fund |
||||||||||||
Vanguard |
Vanguard Target Retirement 2010 Fund, Fund #NMB3 | *** | 11,220 | |||||||||
Target Retirement 2015 Fund |
||||||||||||
Vanguard |
Vanguard Target Retirement 2015 Fund, Fund #NMA6 | *** | 100,593 | |||||||||
Target Retirement 2020 Fund |
||||||||||||
Vanguard |
Vanguard Target Retirement 2020 Fund, Fund #NMB4 | *** | 22,340 | |||||||||
Target Retirement 2025 Fund |
||||||||||||
Vanguard |
Vanguard Target Retirement 2025 Fund, Fund #NMA7 | *** | 149,108 | |||||||||
Target Retirement 2030 Fund |
||||||||||||
Vanguard |
Vanguard Target Retirement 2030 Fund, Fund #NMB5 | *** | 24,134 | |||||||||
Target Retirement 2035 Fund |
||||||||||||
Vanguard |
Vanguard Target Retirement 2035 Fund, Fund #NMA8 | *** | 137,218 | |||||||||
Target Retirement 2040 Fund |
||||||||||||
Vanguard |
Vanguard Target Retirement 2040 Fund, Fund #NMB6 | *** | 14,961 | |||||||||
Target Retirement 2045 Fund |
||||||||||||
Vanguard |
Vanguard Target Retirement 2045 Fund, Fund #NMA9 | *** | 66,388 | |||||||||
Target Retirement 2050 Fund |
||||||||||||
Vanguard |
Vanguard Target Retirement 2050 Fund, Fund #NMB7 | *** | 13,212 | |||||||||
Target Retirement 2055 Fund |
||||||||||||
Vanguard |
Vanguard Target Retirement 2055 Fund, Fund #NMB0 | *** | 600 | |||||||||
Target Retirement 2060 Fund |
||||||||||||
Vanguard |
Vanguard Target Retirement 2060 Fund, Fund #NCC9 | *** | 670 | |||||||||
|
|
|||||||||||
Subtotal Collective Investment Trusts |
578,618 | |||||||||||
|
|
* | 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-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, 2012
($ 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 |
||||||||||||||||||
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, 4.02% ** |
|
*** | $ | 102,142 | ||||||||||||||||
Monumental Life Insurance Company | |
Group Annuity Contract #MDA01097TR, 4.03% ** |
|
*** | 137,854 | |||||||||||||||||
Shared Holdings (aa) | Interest rate |
Maturity | Par Value | |||||||||||||||||||
AT+T INC | 5.800 | % | 02/15/19 | 820,000 | *** | 1,006 | ||||||||||||||||
AT+T INC | 2.625 | % | 12/01/22 | 645,000 | *** | 646 | ||||||||||||||||
ABBVIE INC | 1.750 | % | 11/06/17 | 359,000 | *** | 363 | ||||||||||||||||
ADOBE SYSTEMS INC | 4.750 | % | 02/01/20 | 234,000 | *** | 262 | ||||||||||||||||
AETNA INC | 1.750 | % | 05/15/17 | 219,000 | *** | 222 | ||||||||||||||||
AETNA INC | 1.500 | % | 11/15/17 | 474,000 | *** | 475 | ||||||||||||||||
AFFILIATED COMPUTER SVCS | 5.200 | % | 06/01/15 | 235,000 | *** | 253 | ||||||||||||||||
AIRGAS INC | 2.850 | % | 10/01/13 | 255,000 | *** | 259 | ||||||||||||||||
FNMA TBA 3PCT JAN 30 SINGLE FA | 3.000 | % | 3,225,000 | *** | 3,379 | |||||||||||||||||
FNMA TBA 30YR SINGLE FAMILY JA | 3.500 | % | 5,471,300 | *** | 5,833 | |||||||||||||||||
ALLY AUTO RECEIVABLES TRUST | 1.550 | % | 08/17/15 | 350,000 | *** | 354 | ||||||||||||||||
ALLY AUTO RECEIVABLES TRUST | 2.230 | % | 03/15/16 | 256,000 | *** | 262 | ||||||||||||||||
ALLY AUTO RECEIVABLES TRUST | 0.650 | % | 03/17/14 | 20,495 | *** | 21 | ||||||||||||||||
ALLY AUTO RECEIVABLES TRUST | 0.930 | % | 02/16/16 | 180,000 | *** | 181 | ||||||||||||||||
AMERICA MOVIL SAB DE CV COMPANY | 5.000 | % | 10/16/19 | 500,000 | *** | 580 | ||||||||||||||||
AMERICAN EXPRESS CO | 6.150 | % | 08/28/17 | 101,000 | *** | 122 | ||||||||||||||||
AMERICAN EXPRESS CREDIT | 2.375 | % | 03/24/17 | 434,000 | *** | 454 | ||||||||||||||||
AMERICAN EXPRESS CREDIT | 1.411 | % | 06/12/15 | 430,000 | *** | 437 | ||||||||||||||||
AMERICAN INTL GROUP | 4.250 | % | 05/15/13 | 435,000 | *** | 440 | ||||||||||||||||
AMERICAN INTL GROUP | 4.875 | % | 09/15/16 | 207,000 | *** | 232 | ||||||||||||||||
AMERICREDIT AUTOMOBILE RECEIVA | 0.900 | % | 09/08/14 | 28,632 | *** | 29 | ||||||||||||||||
ANGLO AMERICAN CAPITAL | 2.625 | % | 09/27/17 | 400,000 | *** | 408 | ||||||||||||||||
ANHEUSER BUSCH INBEV WOR | 5.375 | % | 11/15/14 | 154,000 | *** | 167 | ||||||||||||||||
ANHEUSER BUSCH INBEV WOR | 1.500 | % | 07/14/14 | 296,000 | *** | 300 | ||||||||||||||||
EXPRESS SCRIPTS HOLDING CO | 3.900 | % | 02/15/22 | 332,000 | *** | 358 | ||||||||||||||||
AUST + NZ BANKING GROUP | 1.875 | % | 10/06/17 | 500,000 | *** | 510 | ||||||||||||||||
BAE SYSTEMS HOLDINGS INC | 5.200 | % | 08/15/15 | 480,000 | *** | 526 | ||||||||||||||||
BB+T CORPORATION | 5.700 | % | 04/30/14 | 500,000 | *** | 533 | ||||||||||||||||
BURLINGTN NO SF 05 3 TR | 4.830 | % | 01/15/23 | 489,675 | *** | 540 | ||||||||||||||||
BANC OF AMERICA COMMERCIAL MOR | 5.449 | % | 01/15/49 | 129,533 | *** | 133 | ||||||||||||||||
BANCO SANTANDER | 4.125 | % | 11/09/22 | 250,000 | *** | 254 | ||||||||||||||||
BANK OF AMERICA CORP | 4.900 | % | 05/01/13 | 475,000 | *** | 481 |
* | 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-29 for definition. |
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, 2012
($ 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 | 5.650 | % | 05/01/18 | 955,000 | *** | 1,111 | ||||||||||||||||
BANK OF AMERICA CORP | 1.733 | % | 01/30/14 | 415,000 | *** | 418 | ||||||||||||||||
BANK OF AMERICA AUTO TRUST | 0.590 | % | 11/17/14 | 271,979 | *** | 272 | ||||||||||||||||
BANK OF MONTREAL | 1.400 | % | 09/11/17 | 500,000 | *** | 502 | ||||||||||||||||
BARCLAYS BANK PLC | 6.050 | % | 12/04/17 | 605,000 | *** | 669 | ||||||||||||||||
BLACKROCK INC | 5.000 | % | 12/10/19 | 336,000 | *** | 402 | ||||||||||||||||
BRAMBLES USA INC | 3.950 | % | 04/01/15 | 390,000 | *** | 407 | ||||||||||||||||
BRITISH COLUMBIA PROV OF | 2.650 | % | 09/22/21 | 330,000 | *** | 347 | ||||||||||||||||
BRITISH TELECOM PLC | 1.434 | % | 12/20/13 | 455,000 | *** | 459 | ||||||||||||||||
BURLINGTN NORTH SANTA FE | 3.050 | % | 09/01/22 | 266,000 | *** | 275 | ||||||||||||||||
CD COMMERCIAL MORTGAGE TRUST | 5.886 | % | 11/15/44 | 423,244 | *** | 500 | ||||||||||||||||
CIGNA CORP | 4.500 | % | 03/15/21 | 300,000 | *** | 336 | ||||||||||||||||
CIGNA CORP | 4.000 | % | 02/15/22 | 290,000 | *** | 317 | ||||||||||||||||
CRH AMERICA INC | 5.300 | % | 10/15/13 | 1,086,000 | *** | 1,122 | ||||||||||||||||
CVS CAREMARK CORP | 5.750 | % | 06/01/17 | 227,000 | *** | 271 | ||||||||||||||||
CANADIAN PACIFIC RR CO | 7.250 | % | 05/15/19 | 250,000 | *** | 312 | ||||||||||||||||
CAPITAL ONE BANK USA NA | 6.500 | % | 06/13/13 | 350,000 | *** | 359 | ||||||||||||||||
CAPITAL ONE FINANCIAL CO | 1.000 | % | 11/06/15 | 474,000 | *** | 472 | ||||||||||||||||
CAREFUSION CORP | 5.125 | % | 08/01/14 | 250,000 | *** | 266 | ||||||||||||||||
CAROLINA POWER + LIGHT 1ST MORTGAGE | 2.800 | % | 05/15/22 | 240,000 | *** | 246 | ||||||||||||||||
CATERPILLAR FINANCIAL SE | 2.650 | % | 04/01/16 | 465,000 | *** | 488 | ||||||||||||||||
CATHOLIC HEALTH | 2.950 | % | 11/01/22 | 370,000 | *** | 373 | ||||||||||||||||
CD COMMERICAL MORTGAGE TRUST | 5.617 | % | 10/15/48 | 400,000 | *** | 460 | ||||||||||||||||
CELGENE CORP | 1.900 | % | 08/15/17 | 175,000 | *** | 178 | ||||||||||||||||
CENTERPOINT ENER HOUSTON | 5.700 | % | 03/15/13 | 465,000 | *** | 470 | ||||||||||||||||
CENTERPOINT ENER TRANSITION | 2.161 | % | 10/15/21 | 190,000 | *** | 198 | ||||||||||||||||
CHASE ISSUANCE TRUST | 1.580 | % | 08/16/21 | 467,000 | *** | 471 | ||||||||||||||||
CHEVRON CORP | 2.355 | % | 12/05/22 | 640,000 | *** | 641 | ||||||||||||||||
CITIBANK CREDIT CARD ISSUANCE | 5.350 | % | 02/07/20 | 500,000 | *** | 603 | ||||||||||||||||
CITIGROUP COMMERCIAL MORTGAGE | 5.738 | % | 03/15/49 | 275,000 | *** | 306 | ||||||||||||||||
CITIGROUP INC | 5.375 | % | 08/09/20 | 547,000 | *** | 645 | ||||||||||||||||
CITIGROUP INC | 4.450 | % | 01/10/17 | 320,000 | *** | 354 | ||||||||||||||||
COMERICA INC | 3.000 | % | 09/16/15 | 232,000 | *** | 245 | ||||||||||||||||
COMMERCIAL MORTGAGE PASS THROU | 4.715 | % | 03/10/39 | 430,000 | *** | 445 | ||||||||||||||||
GREENWICH CAPITAL COMMERCIAL F | 5.867 | % | 07/10/38 | 495,000 | *** | 568 | ||||||||||||||||
GREENWICH CAPITAL COMMERCIAL F | 5.444 | % | 03/10/39 | 495,000 | *** | 570 | ||||||||||||||||
COMMONWEALTH EDISON | 1.950 | % | 09/01/16 | 608,000 | *** | 627 | ||||||||||||||||
CONNECTICUT LIGHT + PWR | 5.000 | % | 04/01/15 | 825,000 | *** | 901 | ||||||||||||||||
CONSUMERS ENERGY COMPANY | 5.150 | % | 02/15/17 | 220,000 | *** | 255 | ||||||||||||||||
RABOBANK NEDERLAND | 3.950 | % | 11/09/22 | 250,000 | *** | 256 | ||||||||||||||||
COSTOC WHOLESALE CORP | 1.700 | % | 12/15/19 | 640,000 | *** | 644 | ||||||||||||||||
COVIDEN INTL FIANCE SA COMPANY | 1.350 | % | 05/29/15 | 322,000 | *** | 326 | ||||||||||||||||
CS FIRST BOSTON MORTGAGE SECUR | 4.813 | % | 02/15/38 | 222,254 | *** | 228 |
* | 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, 2012
($ 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 | |||||||||||||||||||
CREDIT SUISSE USA INC | 5.500 | % | 08/15/13 | 320,000 | *** | 330 | ||||||||||||||||
CREDIT SUISSE NEW YORK | 6.000 | % | 02/15/18 | 395,000 | *** | 454 | ||||||||||||||||
CREDIT SUISSE COMMERCIAL MORTGAGE | 5.676 | % | 03/15/39 | 418,799 | *** | 433 | ||||||||||||||||
DBUBS MORTGAGE TRUST | 3.642 | % | 08/10/44 | 300,000 | *** | 326 | ||||||||||||||||
DELTA AIR LINES 2010 2A | 4.950 | % | 11/23/20 | 420,757 | *** | 459 | ||||||||||||||||
DIRECTV HOLDINGS/FING | 5.875 | % | 10/01/19 | 245,000 | *** | 290 | ||||||||||||||||
WALT DISNEY COMPANY | 2.350 | % | 12/01/22 | 650,000 | *** | 656 | ||||||||||||||||
DOMINION RESOURCES INC | 2.611 | % | 09/30/66 | 755,000 | *** | 706 | ||||||||||||||||
DOW CHEMICAL CO/THE | 4.250 | % | 11/15/20 | 265,000 | *** | 295 | ||||||||||||||||
DUKE ENERGY CAROLINAS | 5.750 | % | 11/15/13 | 470,000 | *** | 491 | ||||||||||||||||
DUKE ENERGY CAROLINAS | 1.750 | % | 12/15/16 | 320,000 | *** | 328 | ||||||||||||||||
EOG RESOURCES INC | 2.625 | % | 03/15/23 | 125,000 | *** | 126 | ||||||||||||||||
ERAC USA FINANCE COMPANY | 5.600 | % | 05/01/15 | 420,000 | *** | 460 | ||||||||||||||||
EASTMAN CHEMICAL CO | 4.500 | % | 01/15/21 | 680,000 | *** | 755 | ||||||||||||||||
ENERGY TRANSFER PARTNERS | 5.200 | % | 02/01/22 | 525,000 | *** | 599 | ||||||||||||||||
ENSCO PLC | 3.250 | % | 03/15/16 | 315,000 | *** | 334 | ||||||||||||||||
ENTERPRISE PRODUCTS OPER | 5.650 | % | 04/01/13 | 202,000 | *** | 204 | ||||||||||||||||
ENTERPRISE PRODUCTS OPER | 1.250 | % | 08/13/15 | 466,000 | *** | 469 | ||||||||||||||||
FED HM LN PC POOL G01629 | 6.000 | % | 10/01/33 | 43,061 | *** | 48 | ||||||||||||||||
FED HM LN PC POOL G11657 | 4.500 | % | 12/01/18 | 310,204 | *** | 331 | ||||||||||||||||
FED HM LN PC POOL A77952 | 5.000 | % | 05/01/38 | 54,949 | *** | 59 | ||||||||||||||||
FED HM LN PC POOL G14174 | 5.000 | % | 03/01/25 | 428,341 | *** | 461 | ||||||||||||||||
FED HM LN PC POOL J00617 | 5.500 | % | 12/01/20 | 131,670 | *** | 143 | ||||||||||||||||
FED HM LN PC POOL J00921 | 5.000 | % | 12/01/20 | 47,925 | *** | 52 | ||||||||||||||||
FED HM LN PC POOL J01060 | 5.000 | % | 01/01/21 | 52,198 | *** | 56 | ||||||||||||||||
FED HM LN PC POOL J01201 | 5.000 | % | 02/01/21 | 39,116 | *** | 42 | ||||||||||||||||
FED HM LN PC POOL C03475 | 6.000 | % | 04/01/40 | 412,785 | *** | 449 | ||||||||||||||||
FED HM LN PC POOL C03506 | 6.000 | % | 05/01/40 | 952,013 | *** | 1,035 | ||||||||||||||||
FED HM LN PC POOL A11544 | 5.500 | % | 06/01/33 | 32,756 | *** | 36 | ||||||||||||||||
FED HM LN PC POOL A15942 | 6.000 | % | 11/01/33 | 34,237 | *** | 38 | ||||||||||||||||
FED HM LN PC POOL B19557 | 5.500 | % | 07/01/20 | 390,841 | *** | 424 | ||||||||||||||||
FED HM LN PC POOL A26586 | 6.000 | % | 09/01/34 | 54,649 | *** | 61 | ||||||||||||||||
FED HM LN PC POOL Q02688 | 4.000 | % | 08/01/41 | 275,099 | *** | 305 | ||||||||||||||||
FED HM LN PC POOL G11868 | 5.500 | % | 07/01/20 | 154,750 | *** | 168 | ||||||||||||||||
FREDDIE MAC | 6.000 | % | 03/15/17 | 355,240 | *** | 379 | ||||||||||||||||
FANNIE MAE | 2.717 | % | 02/25/22 | 510,000 | *** | 534 | ||||||||||||||||
FNMA POOL 253880 | 6.500 | % | 07/01/16 | 54,303 | *** | 58 | ||||||||||||||||
FNMA POOL 357821 | 6.000 | % | 05/01/35 | 977,366 | *** | 1,086 | ||||||||||||||||
FREDDIE MAC | 3.500 | % | 11/15/25 | 805,000 | *** | 882 | ||||||||||||||||
FREDDIE MAC | 3.500 | % | 12/15/25 | 1,956,857 | *** | 2,140 | ||||||||||||||||
FREDDIE MAC | 3.500 | % | 12/15/25 | 2,348,143 | *** | 2,569 | ||||||||||||||||
FHLMC MULTIFAMILY STRUCTURED P | 4.333 | % | 10/25/20 | 650,000 | *** | 757 | ||||||||||||||||
FHMS K701 A2 | 3.882 | % | 11/25/17 | 515,000 | *** | 579 |
* | 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, 2012
($ 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 514135 | 6.000 | % | 07/01/14 | 4,155 | *** | 4 | ||||||||||||||||
FNMA POOL 532577 | 7.000 | % | 07/01/15 | 41,860 | *** | 44 | ||||||||||||||||
FNMA POOL 535675 | 7.000 | % | 01/01/16 | 82,551 | *** | 87 | ||||||||||||||||
FNMA POOL 535740 | 7.000 | % | 12/01/15 | 13,607 | *** | 14 | ||||||||||||||||
FNMA POOL 555417 | 6.000 | % | 05/01/33 | 152,312 | *** | 170 | ||||||||||||||||
FNMA POOL 555545 | 5.000 | % | 06/01/18 | 170,143 | *** | 185 | ||||||||||||||||
FNMA POOL 555591 | 5.500 | % | 07/01/33 | 193,368 | *** | 213 | ||||||||||||||||
FNMA POOL 574924 | 7.000 | % | 04/01/16 | 17,739 | *** | 19 | ||||||||||||||||
FNMA POOL 611020 | 6.500 | % | 01/01/17 | 47,310 | *** | 51 | ||||||||||||||||
FNMA POOL AH6737 | 4.000 | % | 02/01/26 | 651,908 | *** | 698 | ||||||||||||||||
FNMA POOL AJ5733 | 3.500 | % | 12/01/41 | 3,259,978 | *** | 3,540 | ||||||||||||||||
FNMA POOL AJ6859 | 3.500 | % | 11/01/41 | 1,079,021 | *** | 1,172 | ||||||||||||||||
FNMA POOL AJ7717 | 3.000 | % | 12/01/26 | 923,310 | *** | 975 | ||||||||||||||||
FNMA POOL AK2989 | 3.000 | % | 05/01/27 | 1,870,545 | *** | 1,977 | ||||||||||||||||
FNMA POOL AL0194 | 4.000 | % | 01/01/41 | 1,912,673 | *** | 2,131 | ||||||||||||||||
FNMA POOL AL1123 | 3.500 | % | 11/01/26 | 814,763 | *** | 865 | ||||||||||||||||
FNMA POOL AP0632 | 2.500 | % | 07/01/27 | 995,108 | *** | 1,041 | ||||||||||||||||
FNMA POOL AP2540 | 3.500 | % | 08/01/42 | 528,311 | *** | 565 | ||||||||||||||||
FNMA POOL AP4459 | 3.500 | % | 08/01/42 | 512,419 | *** | 548 | ||||||||||||||||
FNMA POOL 651377 | 6.000 | % | 07/01/17 | 87,974 | *** | 95 | ||||||||||||||||
FNMA POOL 712104 | 5.000 | % | 05/01/18 | 39,680 | *** | 43 | ||||||||||||||||
FNMA POOL 725704 | 6.000 | % | 08/01/34 | 118,764 | *** | 133 | ||||||||||||||||
FNMA POOL 730716 | 6.000 | % | 08/01/33 | 96,026 | *** | 107 | ||||||||||||||||
FNMA POOL 734059 | 5.500 | % | 08/01/33 | 30,560 | *** | 34 | ||||||||||||||||
FNMA POOL 745932 | 6.500 | % | 11/01/36 | 368,152 | *** | 413 | ||||||||||||||||
FNMA POOL 756154 | 6.000 | % | 11/01/33 | 148,068 | *** | 166 | ||||||||||||||||
FNMA POOL 763689 | 5.000 | % | 01/01/34 | 22,418 | *** | 25 | ||||||||||||||||
FNMA POOL 792191 | 5.500 | % | 09/01/34 | 181,043 | *** | 198 | ||||||||||||||||
FNMA POOL 805176 | 5.500 | % | 01/01/20 | 247,638 | *** | 268 | ||||||||||||||||
FNMA POOL 890338 | 5.000 | % | 05/01/41 | 613,751 | *** | 665 | ||||||||||||||||
FNMA POOL 908560 | 5.500 | % | 01/01/22 | 23,553 | *** | 26 | ||||||||||||||||
FNMA POOL 915350 | 4.500 | % | 04/01/23 | 134,154 | *** | 144 | ||||||||||||||||
FNMA POOL 942224 | 5.500 | % | 07/01/37 | 482,069 | *** | 524 | ||||||||||||||||
FNMA POOL 944026 | 6.500 | % | 08/01/37 | 802,823 | *** | 899 | ||||||||||||||||
FNMA POOL 995467 | 4.500 | % | 09/01/23 | 428,518 | *** | 461 | ||||||||||||||||
FNMA POOL AA4266 | 4.500 | % | 05/01/24 | 130,334 | *** | 140 | ||||||||||||||||
FNMA POOL AB0536 | 6.000 | % | 02/01/37 | 316,671 | *** | 350 | ||||||||||||||||
FNMA POOL AD7368 | 4.000 | % | 07/01/25 | 546 | *** | 585 | ||||||||||||||||
FIFTH THIRD BANK | 0.421 | % | 05/17/13 | 350,000 | *** | 350 | ||||||||||||||||
FICO STRIP PRIN | 0.010 | % | 05/11/18 | 580,000 | *** | 544 | ||||||||||||||||
FORD CREDIT AUTO OWNER TRUST | 1.580 | % | 09/15/15 | 1,130,000 | *** | 1,143 | ||||||||||||||||
FORD CREDIT AUTO OWNER TRUST | 0.620 | % | 09/15/14 | 104,277 | *** | 104 |
* | 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, 2012
($ 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 | |||||||||||||||||||
FORD CREDIT AUTO OWNER TRUST | 1.000 | % | 09/15/17 | 120,000 | *** | 121 | ||||||||||||||||
FORD CREDIT AUTO OWNER TRUST | 4.250 | % | 02/03/17 | 550,000 | *** | 589 | ||||||||||||||||
FORD CREDIT AUTO OWNER TRUST | 3.000 | % | 06/12/17 | 702,000 | *** | 721 | ||||||||||||||||
GE CAPITAL CREDIT CARD MASTER | 2.210 | % | 06/15/16 | 500,000 | *** | 504 | ||||||||||||||||
GE CAPITAL CREDIT CARD MASTER | 0.759 | % | 01/15/17 | 600,000 | *** | 603 | ||||||||||||||||
GNMA POOL 569327 | 6.500 | % | 04/15/32 | 266,870 | *** | 317 | ||||||||||||||||
GNMA POOL 580880 | 6.500 | % | 11/15/31 | 30,982 | *** | 36 | ||||||||||||||||
GNMA POOL 583958 | 6.500 | % | 06/15/32 | 51,785 | *** | 62 | ||||||||||||||||
GNMA II POOL 003624 | 5.500 | % | 10/20/34 | 149,888 | *** | 167 | ||||||||||||||||
GNMA II POOL 004599 | 5.000 | % | 12/20/39 | 598,443 | *** | 662 | ||||||||||||||||
GNMA II POOL 004686 | 4.000 | % | 05/20/25 | 620,618 | *** | 673 | ||||||||||||||||
GNMA II POOL 004696 | 4.500 | % | 05/20/40 | 5,058,322 | *** | 5,577 | ||||||||||||||||
GNMA II POOL 004800 | 4.000 | % | 09/20/40 | 1,096,301 | *** | 1,203 | ||||||||||||||||
GNMA II POOL 004801 | 4.500 | % | 09/20/40 | 4,721,102 | *** | 5,220 | ||||||||||||||||
GNMA II POOL 004833 | 4.000 | % | 10/20/40 | 2,330,599 | *** | 2,559 | ||||||||||||||||
GNMA POOL 434787 | 8.000 | % | 05/15/30 | 12,219 | *** | 13 | ||||||||||||||||
GNMA POOL 434429 | 6.500 | % | 06/15/14 | 519 | *** | 1 | ||||||||||||||||
GNMA POOL 434476 | 6.000 | % | 08/15/14 | 5,262 | *** | 5 | ||||||||||||||||
GNMA POOL 485856 | 6.500 | % | 10/15/31 | 40,501 | *** | 47 | ||||||||||||||||
GNMA POOL 726316 | 5.000 | % | 09/15/39 | 665,851 | *** | 740 | ||||||||||||||||
GNMA POOL 728974 | 5.000 | % | 12/15/39 | 1,241,434 | *** | 1,359 | ||||||||||||||||
GNMA POOL 731661 | 5.000 | % | 08/15/40 | 659,992 | *** | 726 | ||||||||||||||||
GNMA POOL 732075 | 4.000 | % | 05/15/25 | 1,475,400 | *** | 1,591 | ||||||||||||||||
GNMA POOL 737261 | 4.000 | % | 05/15/25 | 7,828,710 | *** | 8,442 | ||||||||||||||||
GNMA POOL 737651 | 5.000 | % | 11/15/40 | 194,202 | *** | 214 | ||||||||||||||||
GNMA POOL 487166 | 6.000 | % | 05/15/14 | 2,474 | *** | 3 | ||||||||||||||||
GNMA POOL 488737 | 6.000 | % | 04/15/14 | 124 | *** | | ||||||||||||||||
GNMA POOL 496511 | 6.000 | % | 02/15/14 | 140 | *** | | ||||||||||||||||
GNMA POOL 499306 | 6.000 | % | 08/15/14 | 7,937 | *** | 8 | ||||||||||||||||
GNMA POOL 499281 | 6.500 | % | 06/15/14 | 453 | *** | | ||||||||||||||||
GNMA POOL 499406 | 6.000 | % | 03/15/14 | 5,779 | *** | 6 | ||||||||||||||||
GNMA POOL 500796 | 8.000 | % | 07/15/30 | 11,644 | *** | 12 | ||||||||||||||||
GNMA POOL 500932 | 6.000 | % | 06/15/14 | 640 | *** | 1 | ||||||||||||||||
GNMA POOL 508857 | 6.000 | % | 09/15/14 | 424 | *** | | ||||||||||||||||
GNMA POOL 510279 | 6.000 | % | 08/15/14 | 5,203 | *** | 5 | ||||||||||||||||
GNMA POOL 510403 | 5.000 | % | 01/15/35 | 52,991 | *** | 58 | ||||||||||||||||
GNMA POOL 510844 | 8.000 | % | 12/15/29 | 1,206 | *** | 1 | ||||||||||||||||
GNMA POOL 513731 | 6.500 | % | 07/15/14 | 339 | *** | | ||||||||||||||||
GNMA POOL 515804 | 8.000 | % | 06/15/30 | 3,290 | *** | 3 | ||||||||||||||||
GNMA POOL 518044 | 8.000 | % | 12/15/29 | 2,412 | *** | 3 | ||||||||||||||||
GNMA POOL 521708 | 8.000 | % | 12/15/29 | 341 | *** | | ||||||||||||||||
GNMA POOL 526364 | 8.000 | % | 07/15/30 | 4,733 | *** | 5 | ||||||||||||||||
GNMA POOL 533946 | 6.500 | % | 04/15/32 | 10,590 | *** | 12 |
* | 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, 2012
($ 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 550887 | 5.000 | % | 08/15/35 | 73,302 | *** | 80 | ||||||||||||||||
GNMA POOL 551678 | 6.500 | % | 10/15/31 | 2,694 | *** | 3 | ||||||||||||||||
GNMA POOL 551077 | 6.500 | % | 11/15/31 | 18,347 | *** | 22 | ||||||||||||||||
GNMA POOL 551120 | 6.500 | % | 08/15/31 | 84,585 | *** | 100 | ||||||||||||||||
GNMA POOL 552571 | 6.500 | % | 05/15/32 | 59,002 | *** | 70 | ||||||||||||||||
GNMA POOL 271940 | 5.500 | % | 08/15/18 | 209,184 | *** | 227 | ||||||||||||||||
GNMA POOL 751247 | 4.000 | % | 10/15/40 | 1,593,780 | *** | 1,760 | ||||||||||||||||
GNMA POOL 780762 | 6.500 | % | 04/15/13 | 1,137 | *** | 1 | ||||||||||||||||
GNMA POOL 781410 | 5.500 | % | 03/15/17 | 178,851 | *** | 192 | ||||||||||||||||
GS MORTGAGE SECURITIES CORPORA | 4.761 | % | 10/17/39 | 398,000 | *** | 429 | ||||||||||||||||
GS MORTGAGE SECURITIES CORPORA | 5.553 | % | 04/10/38 | 550,000 | *** | 619 | ||||||||||||||||
GNMA POOL 622278 | 5.000 | % | 04/15/35 | 68,643 | *** | 75 | ||||||||||||||||
GNMA POOL 631242 | 5.500 | % | 06/15/35 | 220,850 | *** | 246 | ||||||||||||||||
GNMA POOL 641601 | 5.000 | % | 03/15/35 | 82,842 | *** | 91 | ||||||||||||||||
GNMA POOL 646865 | 5.000 | % | 08/15/35 | 34,157 | *** | 37 | ||||||||||||||||
GE CAPITAL COMMERCIAL MORTGAGE | 0.0001 | % | 03/10/44 | 1,027,794 | *** | 10 | ||||||||||||||||
GENERAL DYNAMICS CORP | 2.250 | % | 07/15/16 | 255,000 | *** | 267 | ||||||||||||||||
GENERAL ELECTRIC CO | 5.250 | % | 12/06/17 | 390,000 | *** | 460 | ||||||||||||||||
GENERAL ELEC CAP CORP | 4.375 | % | 09/16/20 | 372,000 | *** | 415 | ||||||||||||||||
GENERAL ELEC CAP CORP | 2.900 | % | 01/09/17 | 500,000 | *** | 529 | ||||||||||||||||
GENERAL ELEC CAP CORP | 1.625 | % | 07/02/15 | 397,000 | *** | 404 | ||||||||||||||||
GOLDMAN SACHS GROUP INC | 6.000 | % | 06/15/20 | 385,000 | *** | 457 | ||||||||||||||||
GOVERNMENT NATIONAL MORTGAGE A | 3.500 | % | 07/20/23 | 503,512 | *** | 558 | ||||||||||||||||
GOVERNMENT NATIONAL MORTGAGE A | 5.000 | % | 08/20/39 | 340,297 | *** | 377 | ||||||||||||||||
GOVERNMENT STIF 18 | 0.012 | % | 12/31/30 | 11,926,669 | *** | 11,927 | ||||||||||||||||
GREAT RIVER ENERGY | 5.829 | % | 07/01/17 | 529,787 | *** | 563 | ||||||||||||||||
GREEN TREE FINANCIAL CORPORATI | 7.050 | % | 01/15/19 | 46,913 | *** | 47 | ||||||||||||||||
GRUPO TELEVISA SAB | 6.000 | % | 05/15/18 | 500,000 | *** | 590 | ||||||||||||||||
HCP INC | 3.750 | % | 02/01/16 | 379,000 | *** | 402 | ||||||||||||||||
HSBC USA INC | 1.625 | % | 01/16/18 | 660,000 | *** | 661 | ||||||||||||||||
HSBC BANK USA | 4.875 | % | 08/24/20 | 570,000 | *** | 635 | ||||||||||||||||
HARLEY DAVIDSON MOTORCYCLE TRU | 1.160 | % | 02/15/15 | 197,521 | *** | 198 | ||||||||||||||||
HARLEY DAVIDSON MOTORCYCLE TRU | 0.960 | % | 05/16/16 | 244,000 | *** | 245 | ||||||||||||||||
HEALTH CARE REIT INC | 3.625 | % | 03/15/16 | 296,000 | *** | 313 | ||||||||||||||||
CANADA GOVERNMENT | 0.875 | % | 02/14/17 | 543,000 | *** | 547 | ||||||||||||||||
HEWLETT PACKARD CO | 5.400 | % | 03/01/17 | 465,000 | *** | 498 | ||||||||||||||||
HEWLETT PACKARD CO | 5.500 | % | 03/01/18 | 265,000 | *** | 287 | ||||||||||||||||
HONDA AUTO RECEIVABLES OWNER T | 1.130 | % | 10/15/14 | 444,633 | *** | 446 | ||||||||||||||||
HONDA AUTO RECEIVABLES OWNER T | 0.940 | % | 03/18/15 | 368,583 | *** | 370 | ||||||||||||||||
HSBC FINANCE CORP | 4.750 | % | 07/15/13 | 535,000 | *** | 546 | ||||||||||||||||
HOWARD HUGHES MEDICAL IN | 3.450 | % | 09/01/14 | 425,000 | *** | 446 |
* | 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, 2012
($ 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 | |||||||||||||||||||
HYDRO QUEBEC LOCAL GOVT | 1.375 | % | 06/19/17 | 476,000 | * | ** | 482 | |||||||||||||||
HYUNDAI AUTO RECEIVABLES TRUST | 1.650 | % | 02/15/17 | 500,000 | * | ** | 510 | |||||||||||||||
HYUNDAI CAPTIAL AMERICA | 2.125 | % | 10/02/17 | 596,000 | * | ** | 600 | |||||||||||||||
INCITEC PIVOT LTD | 4.000 | % | 12/07/15 | 500,000 | * | ** | 526 | |||||||||||||||
INTL BK RECON + DEVELOP | 0.500 | % | 11/26/13 | 635,000 | * | ** | 637 | |||||||||||||||
IBM CORP | 0.750 | % | 05/11/15 | 500,000 | * | ** | 503 | |||||||||||||||
JPMORGAN CHASE + CO | 6.125 | % | 06/27/17 | 524,000 | * | ** | 612 | |||||||||||||||
JPMORGAN CHASE + CO | 6.000 | % | 01/15/18 | 430,000 | * | ** | 515 | |||||||||||||||
JPMORGAN CHASE + CO | 4.400 | % | 07/22/20 | 315,000 | * | ** | 356 | |||||||||||||||
JP MORGAN CHASE COMMERCIAL MOR | 4.404 | % | 01/12/39 | 106,000 | * | ** | 110 | |||||||||||||||
JP MORGAN CHASE COMMERCIAL MOR | 5.814 | % | 06/12/43 | 500,000 | * | ** | 571 | |||||||||||||||
JP MORGAN CHASE COMMERCIAL MOR | 3.364 | % | 11/13/44 | 160,000 | * | ** | 173 | |||||||||||||||
JOY GLOBAL INC | 5.125 | % | 10/15/21 | 215,000 | * | ** | 237 | |||||||||||||||
KAISER FOUNDATION HOSPIT COMPANY | 3.500 | % | 04/01/22 | 431,000 | * | ** | 454 | |||||||||||||||
KANSAS GAS + ELECTRIC CO | 6.700 | % | 06/15/19 | 147,000 | * | ** | 187 | |||||||||||||||
KEY BANK NA | 5.800 | % | 07/01/14 | 465,000 | * | ** | 498 | |||||||||||||||
KINDER MORGAN ENER PART | 6.850 | % | 02/15/20 | 170,000 | * | ** | 214 | |||||||||||||||
KFW | 2.000 | % | 06/01/16 | 500,000 | * | ** | 523 | |||||||||||||||
KROGER CO/THE COMPANY | 6.800 | % | 12/15/18 | 262,000 | * | ** | 327 | |||||||||||||||
KROGER CO/THE | 4.950 | % | 01/15/15 | 237,000 | * | ** | 256 | |||||||||||||||
LB UBS COMMERCIAL MORTGAGE TRU | 0.675 | % | 09/15/39 | 8,451,033 | * | ** | 85 | |||||||||||||||
LB UBS COMMERCIAL MORTGAGE TRU | 5.303 | % | 02/15/40 | 57,651 | * | ** | 58 | |||||||||||||||
LG+E + KU ENERGY LLC | 2.125 | % | 11/15/15 | 610,000 | * | ** | 623 | |||||||||||||||
LIBERTY MUTUAL GROUP INC | 4.950 | % | 05/01/22 | 95,000 | * | ** | 104 | |||||||||||||||
LOCKHEED MARTIN CORP | 2.125 | % | 09/15/16 | 215,000 | * | ** | 223 | |||||||||||||||
ML CFC COMMERCIAL MORTGAGE | 5.172 | % | 12/12/49 | 405,000 | * | ** | 461 | |||||||||||||||
MACQUARIE BANK LTD | 3.450 | % | 07/27/15 | 350,000 | * | ** | 364 | |||||||||||||||
MARATHON PETROLEUM CORP | 5.125 | % | 03/01/21 | 275,000 | * | ** | 324 | |||||||||||||||
MCKESSON CORP | 2.700 | % | 12/15/22 | 145,000 | * | ** | 145 | |||||||||||||||
MELLON FUNDING CORP | 5.500 | % | 11/15/18 | 460,000 | * | ** | 540 | |||||||||||||||
MERRILL LYNCH + CO | 6.050 | % | 05/16/16 | 710,000 | * | ** | 782 | |||||||||||||||
MERRILL LYNCH MORTGAGE TRUST | 0.249 | % | 09/12/42 | 522,943 | * | ** | 5 | |||||||||||||||
MONONGAHELA POWER CO | 6.700 | % | 06/15/14 | 360,000 | * | ** | 389 | |||||||||||||||
MORGAN STANLEY CAPITAL I | 5.042 | % | 08/13/42 | 465,000 | * | ** | 503 | |||||||||||||||
MORGAN STANLEY | 5.625 | % | 09/23/19 | 250,000 | * | ** | 283 | |||||||||||||||
MORGAN STANLEY | 3.800 | % | 04/29/16 | 615,000 | * | ** | 646 | |||||||||||||||
MORGAN STANLEY CAPITAL I | 5.575 | % | 04/12/49 | 305,809 | * | ** | 315 | |||||||||||||||
MURRAY ST INV TRUST I COMPANY | 4.647 | % | 03/09/17 | 590,000 | * | ** | 638 | |||||||||||||||
NCUA GUARANTEED NOTES | 2.900 | % | 10/29/20 | 339,000 | * | ** | 361 | |||||||||||||||
NABORS INDUSTRIES INC | 9.250 | % | 01/15/19 | 175,000 | * | ** | 231 |
* | 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, 2012
($ 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 | |||||||||||||||||||
NATIONWIDE FINANCIAL SER | 5.375 | % | 03/25/21 | 329,000 | * | ** | 351 | |||||||||||||||
NBCUNIVERSAL MEDIA LLC | 5.150 | % | 04/30/20 | 409,000 | * | ** | 485 | |||||||||||||||
NET APP INC | 2.000 | % | 12/15/17 | 625,000 | * | ** | 623 | |||||||||||||||
NEVADA POWER CO | 5.875 | % | 01/15/15 | 565,000 | * | ** | 622 | |||||||||||||||
NEWCREST FINANCE PTY LTD | 4.200 | % | 10/01/22 | 225,000 | * | ** | 231 | |||||||||||||||
NEXTERA ENERGY CAPITAL | 1.611 | % | 06/01/14 | 570,000 | * | ** | 576 | |||||||||||||||
NIPPON TELEGR + TELEPH GENL | 1.400 | % | 07/18/17 | 500,000 | * | ** | 506 | |||||||||||||||
NISSAN AUTO RECEIVABLES OWNER | 4.740 | % | 08/17/15 | 80,468 | * | ** | 81 | |||||||||||||||
NISSAN AUTO RECEIVABLES OWNER | 1.940 | % | 09/15/17 | 590,000 | * | ** | 605 | |||||||||||||||
NOBLE ENERGY INC | 8.250 | % | 03/01/19 | 342,000 | * | ** | 448 | |||||||||||||||
ONCOR ELECTRIC DELIVERY | 4.100 | % | 06/01/22 | 340,000 | * | ** | 371 | |||||||||||||||
ONEOK PARTNERS LP | 3.250 | % | 02/01/16 | 282,000 | * | ** | 298 | |||||||||||||||
PNC BANK NA | 6.875 | % | 04/01/18 | 303,000 | * | ** | 378 | |||||||||||||||
PACIFIC GAS + ELECTRIC | 6.250 | % | 12/01/13 | 500,000 | * | ** | 525 | |||||||||||||||
PARTNERS HEALTHCARE SYST | 3.443 | % | 07/01/21 | 160,000 | * | ** | 170 | |||||||||||||||
PENSKY TRUCK LEASING | 3.750 | % | 05/11/17 | 684,000 | * | ** | 716 | |||||||||||||||
PENSKY TRUCK LEASING | 2.500 | % | 07/11/14 | 377,000 | * | ** | 381 | |||||||||||||||
PEOPLES UNITED | 3.650 | % | 12/06/22 | 595,000 | * | ** | 598 | |||||||||||||||
PEPCO HOLDINGS INC | 2.700 | % | 10/01/15 | 265,000 | * | ** | 274 | |||||||||||||||
PERNOD RICARD | 4.250 | % | 07/15/22 | 335,000 | * | ** | 368 | |||||||||||||||
PETRO CANADA | 4.000 | % | 07/15/13 | 510,000 | * | ** | 518 | |||||||||||||||
PIONEER NATURAL RESOURCE | 3.950 | % | 07/15/22 | 90,000 | * | ** | 94 | |||||||||||||||
PLAINS ALL AMER PIPELINE | 6.125 | % | 01/15/17 | 400,000 | * | ** | 472 | |||||||||||||||
PERCISION CASTPARTS CORP | 2.500 | % | 01/15/23 | 480,000 | * | ** | 483 | |||||||||||||||
PRIDE INTERNATIONAL INC | 6.875 | % | 08/15/20 | 183,000 | * | ** | 231 | |||||||||||||||
PRUDENTIAL FINANCIAL INC | 4.750 | % | 04/01/14 | 1,000,000 | * | ** | 1,046 | |||||||||||||||
PUBLIC SERVICE COLORADO | 5.125 | % | 06/01/19 | 102,000 | * | ** | 123 | |||||||||||||||
PUB SVC ELEC + GAS | 5.375 | % | 09/01/13 | 1,000,000 | * | ** | 1,032 | |||||||||||||||
PROVINCE OF QUEBEC | 2.750 | % | 08/25/21 | 390,000 | * | ** | 407 | |||||||||||||||
QUEST DIAGNOSTIC INC | 3.200 | % | 04/01/16 | 193,000 | * | ** | 204 | |||||||||||||||
QWEST CORP | 6.500 | % | 06/01/17 | 213,000 | * | ** | 249 | |||||||||||||||
RAYTHEON COMPANY | 2.500 | % | 12/15/22 | 650,000 | * | ** | 641 | |||||||||||||||
REYNOLDS AMERICAN INC | 3.250 | % | 11/01/22 | 180,000 | * | ** | 181 | |||||||||||||||
ROYAL BK OF SCOTLAND PLC | 2.550 | % | 09/18/15 | 315,000 | * | ** | 322 | |||||||||||||||
RYDER SYSTEM INC | 5.850 | % | 03/01/14 | 211,000 | * | ** | 222 | |||||||||||||||
RYDER SYSTEM INC | 3.150 | % | 03/02/15 | 220,000 | * | ** | 227 | |||||||||||||||
SANTANDER HOLDINGS USA | 4.625 | % | 04/19/16 | 127,000 | * | ** | 133 | |||||||||||||||
SANTANDER HOLDINGS USA | 3.000 | % | 09/24/15 | 120,000 | * | ** | 122 | |||||||||||||||
SEMPRA ENERGY | 9.800 | % | 02/15/19 | 170,000 | * | ** | 238 | |||||||||||||||
SHELL INTERNATIONAL | 2.250 | % | 01/06/23 | 950,000 | * | ** | 939 | |||||||||||||||
SMALL BUSINESS ADMINISTRATION | 4.330 | % | 07/01/14 | 164,487 | * | ** | 167 |
* | 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, 2012
($ 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 | |||||||||||||||||||
SMALL BUSINESS ADMINISTRATION |
5.200 | % | 11/01/15 | 351,177 | * | ** | 365 | |||||||||||||||
SMALL BUSINESS ADMINISTRATION |
4.090 | % | 11/01/29 | 474,894 | * | ** | 521 | |||||||||||||||
SMALL BUSINESS ADMINISTRATION |
2.860 | % | 03/01/20 | 852,313 | * | ** | 890 | |||||||||||||||
SMALL BUSINESS ADMINISTRATION |
2.870 | % | 05/01/20 | 1,007,424 | * | ** | 1,053 | |||||||||||||||
SMALL BUSINESS ADMINISTRATION |
2.440 | % | 07/01/20 | 1,162,681 | * | ** | 1,199 | |||||||||||||||
SMALL BUSINESS ADMINISTRATION |
1.970 | % | 09/01/20 | 1,316,851 | * | ** | 1,348 | |||||||||||||||
STARWOOD HOTELS + RESORT |
3.125 | % | 02/15/23 | 570,000 | * | ** | 565 | |||||||||||||||
STATE STREET CORP |
2.875 | % | 03/07/16 | 400,000 | * | ** | 424 | |||||||||||||||
LEHMAN BROTHERS SMALL BALANCE |
5.520 | % | 09/25/30 | 171,621 | * | ** | 155 | |||||||||||||||
SVENSKA HANDELSBANKEN AB |
3.125 | % | 07/12/16 | 300,000 | * | ** | 318 | |||||||||||||||
TELECOM ITALIA CAPITAL |
7.175 | % | 06/18/19 | 54,000 | * | ** | 63 | |||||||||||||||
TALISMAN ENERGY |
7.750 | % | 06/01/19 | 345,000 | * | ** | 445 | |||||||||||||||
TECK RESOURCES LIMITED |
2.500 | % | 02/01/18 | 165,000 | * | ** | 168 | |||||||||||||||
TELEFONICA EMISIONES SAU |
4.949 | % | 01/15/15 | 290,000 | * | ** | 304 | |||||||||||||||
TEXAS INSTRUMENTS INC |
2.375 | % | 05/16/16 | 465,000 | * | ** | 487 | |||||||||||||||
TIME WARNER INC |
4.000 | % | 01/15/22 | 70,000 | * | ** | 77 | |||||||||||||||
TIME WARNER CABLE INC |
7.500 | % | 04/01/14 | 119,000 | * | ** | 129 | |||||||||||||||
TIME WARNER CABLE INC |
8.250 | % | 04/01/19 | 283,000 | * | ** | 377 | |||||||||||||||
TOTAL CAPITAL INTL SA |
0.750 | % | 01/25/16 | 500,000 | * | ** | 498 | |||||||||||||||
TOYOTA MOTOR |
0.875 | % | 07/17/15 | 500,000 | * | ** | 502 | |||||||||||||||
TOYOTA AUTO RECEIVABLES OWNER |
0.530 | % | 04/15/14 | 214,449 | * | ** | 215 | |||||||||||||||
TRANSOCEAN INC |
2.500 | % | 10/15/17 | 270,000 | * | ** | 273 | |||||||||||||||
TRAVELERS COS INC |
3.900 | % | 11/01/20 | 146,000 | * | ** | 165 | |||||||||||||||
EATON CORP |
1.500 | % | 11/02/17 | 565,000 | * | ** | 566 | |||||||||||||||
EATON CORP |
2.750 | % | 11/02/22 | 415,000 | * | ** | 414 | |||||||||||||||
TYCO ELECTRONICS GROUP S |
6.550 | % | 10/01/17 | 161,000 | * | ** | 193 | |||||||||||||||
PENTAIR FINANCE SA COMPANY |
1.875 | % | 09/15/17 | 350,000 | * | ** | 351 | |||||||||||||||
UBS AG STAMFORD CT |
5.875 | % | 07/15/16 | 330,000 | * | ** | 368 | |||||||||||||||
UNION BANK NA |
5.950 | % | 05/11/16 | 385,000 | * | ** | 439 | |||||||||||||||
UNION PACIFIC CORP |
5.125 | % | 02/15/14 | 800,000 | * | ** | 840 | |||||||||||||||
US BANCORP |
2.200 | % | 11/15/16 | 500,000 | * | ** | 521 | |||||||||||||||
US TREASURY N/B |
2.000 | % | 04/30/16 | 3,696,000 | * | ** | 3,889 | |||||||||||||||
US TREASURY N/B |
0.125 | % | 09/30/13 | 4,000,000 | * | ** | 3,999 | |||||||||||||||
US TREASURY N/B |
1.750 | % | 10/31/18 | 5,610,000 | * | ** | 5,883 | |||||||||||||||
US TREASURY N/B |
0.375 | % | 11/15/14 | 4,280,000 | * | ** | 4,290 | |||||||||||||||
US TREASURY N/B |
0.250 | % | 02/15/15 | 4,541,000 | * | ** | 4,539 | |||||||||||||||
US TREASURY N/B |
1.000 | % | 06/30/19 | 2,663,000 | * | ** | 2,655 | |||||||||||||||
US TREASURY N/B |
0.250 | % | 07/15/15 | 1,867,000 | * | ** | 1,864 | |||||||||||||||
US TREASURY N/B |
0.625 | % | 08/31/17 | 3,870,000 | * | ** | 3,866 | |||||||||||||||
US TREASURY N/B |
0.250 | % | 10/31/14 | 9,000,000 | * | ** | 9,002 | |||||||||||||||
US TREASURY N/B |
0.750 | % | 10/31/17 | 4,513,000 | * | ** | 4,528 |
* | 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-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, 2012
($ 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 | |||||||||||||||||||
UNITED TECHNOLOGIES CORP | 6.125 | % | 02/01/19 | 175,000 | * | ** | 218 | |||||||||||||||
UNITED TECHNOLOGIES CORP | 0.811 | % | 06/01/15 | 363,000 | * | ** | 367 | |||||||||||||||
VALERO ENERGY CORP | 9.375 | % | 03/15/19 | 114,000 | * | ** | 157 | |||||||||||||||
VANDERBILT UNIVERSITY | 5.250 | % | 04/01/19 | 650,000 | * | ** | 779 | |||||||||||||||
CELLCO PART/VERI WIRELSS | 7.375 | % | 11/15/13 | 440,000 | * | ** | 465 | |||||||||||||||
VODAFONE GROUP PLC | 5.625 | % | 02/27/17 | 455,000 | * | ** | 534 | |||||||||||||||
VOLKSWAGEN AUTO LOAN ENHANCED | 1.980 | % | 09/20/17 | 1,000,000 | * | ** | 1,025 | |||||||||||||||
WACHOVIA BANK NA | 4.875 | % | 02/01/15 | 500,000 | * | ** | 540 | |||||||||||||||
WALGREEN CO | 3.100 | % | 09/15/22 | 365,000 | * | ** | 368 | |||||||||||||||
WASTE MANAGEMENT INC | 6.100 | % | 03/15/18 | 281,000 | * | ** | 339 | |||||||||||||||
WELLS FARGO BANK | 0.520 | % | 05/16/16 | 1,000,000 | * | ** | 979 | |||||||||||||||
WESTLAKE CHEMICAL | 3.600 | % | 07/15/22 | 250,000 | * | ** | 251 | |||||||||||||||
WESTPAC BANKING CORP | 4.200 | % | 02/27/15 | 440,000 | * | ** | 472 | |||||||||||||||
WRIGLEY WM JR CO | 3.050 | % | 06/28/13 | 420,000 | * | ** | 425 | |||||||||||||||
WRIGLEY WM JR CO | 3.700 | % | 06/30/14 | 394,000 | * | ** | 408 | |||||||||||||||
WYNDHAM WORLDWIDE | 2.950 | % | 03/01/17 | 345,000 | * | ** | 353 | |||||||||||||||
XSTRATA FINANCE CANADA | 3.600 | % | 01/15/17 | 222,000 | * | ** | 234 | |||||||||||||||
XSTRATA FINANCE CANADA | 4.000 | % | 10/25/22 | 330,000 | * | ** | 334 | |||||||||||||||
YALE UNIVERSITY | 2.900 | % | 10/15/14 | 250,000 | * | ** | 261 | |||||||||||||||
YARA INTERNATIONAL | 5.250 | % | 12/15/14 | 434,000 | * | ** | 467 | |||||||||||||||
YARA INTERNATIONAL | 7.875 | % | 06/11/19 | 285,000 | * | ** | 366 | |||||||||||||||
|
|
|||||||||||||||||||||
Subtotal HIMCO Bond Fund | 239,996 | |||||||||||||||||||||
|
|
|||||||||||||||||||||
* |
BNY Mellon | |
Stable Value Fund, Fund #NCD6, including the following group annuity contracts: |
|
||||||||||||||||||
Monumental Life Insurance Company |
|
Group Annuity Contract #MDA01098TR, 2.73% ** |
|
* | ** | $ | 145,690 | |||||||||||||||
Natixis Financial Products Inc. |
|
Group Annuity Contract #1879-01, 1.89% ** |
|
* | ** | 89,860 | ||||||||||||||||
Prudential |
|
Group Annuity Contract #GA62433, 3.36% ** |
|
* | ** | 160,861 | ||||||||||||||||
Shared Holdings (bb) |
||||||||||||||||||||||
BlackRock | |
BlackRock Intermediate Term Credit Bond Index Fund |
|
* | ** | 38,201 | ||||||||||||||||
BlackRock | |
BlackRock Commerical Mortgage- Backed Securities Index Fund |
|
* | ** | 4,418 | ||||||||||||||||
BlackRock | |
BlackRock Intermediate Government Bond Index Fund |
|
* | ** | 17,436 | ||||||||||||||||
BlackRock | |
BlackRock Mortgage-Backed Securities Index Fund |
|
* | ** | 31,785 | ||||||||||||||||
BlackRock | |
BlackRock 1-3 Year Government Bond Index Fund |
|
* | ** | 2,547 | ||||||||||||||||
BlackRock | |
BlackRock Asset-Backed Securities Index Fund |
|
* | ** | 29,120 | ||||||||||||||||
BlackRock | |
BlackRock Long Term Government Bond Index Fund |
|
* | ** | 7,620 | ||||||||||||||||
BlackRock | |
BlackRock 1-3 Year Credit Bond Index Fund |
|
* | ** | 14,581 |
* | 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-29 for definition. |
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, 2012
($ 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 | |||||||||||||||||||
CD COMMERCIAL MORTGAGE TRUST |
5.205 | % | 12/11/49 | 885,721 | * | ** | 898 | |||||||||||||||
CNH EQUIPMENT TRUST |
1.190 | % | 12/15/16 | 4,000,000 | * | ** | 4,036 | |||||||||||||||
CAISSE CENTRALE DESJARDN |
2.650 | % | 09/16/15 | 600,000 | * | ** | 628 | |||||||||||||||
CAPITAL ONE MULTI ASSET EXECUT |
5.050 | % | 02/15/16 | 1,900,000 | * | ** | 1,926 | |||||||||||||||
CARMAX AUTO OWNER TRUST |
1.560 | % | 07/15/14 | 56,831 | * | ** | 57 | |||||||||||||||
GREENWICH CAPITAL COMMERCIAL F |
5.381 | % | 03/10/39 | 1,928,730 | * | ** | 1,991 | |||||||||||||||
CREDIT SUISSE MORTGAGE CAPITAL |
6.052 | % | 02/15/41 | 809,424 | * | ** | 831 | |||||||||||||||
DISCOVER CARD MASTER TRUST |
5.650 | % | 12/15/15 | 2,400,000 | * | ** | 2,458 | |||||||||||||||
FANNIE MAE |
2.000 | % | 03/25/25 | 1,351,277 | * | ** | 1,363 | |||||||||||||||
FANNIE MAE |
2.000 | % | 08/25/26 | 3,270,860 | * | ** | 3,333 | |||||||||||||||
FREDDIE MAC |
2.500 | % | 08/15/25 | 2,705,796 | * | ** | 2,764 | |||||||||||||||
FREDDIE MAC |
2.000 | % | 02/15/40 | 1,958,646 | * | ** | 1,999 | |||||||||||||||
FREDDIE MAC |
5.000 | % | 07/15/32 | 731,475 | * | ** | 748 | |||||||||||||||
FANNIE MAE |
5.000 | % | 03/25/19 | 2,198,122 | * | ** | 2,286 | |||||||||||||||
FREDDIE MAC |
5.000 | % | 09/15/38 | 744,878 | * | ** | 783 | |||||||||||||||
FREDDIE MAC |
4.500 | % | 09/15/37 | 703,846 | * | ** | 726 | |||||||||||||||
FANNIE MAE |
5.000 | % | 03/25/37 | 724,317 | * | ** | 743 | |||||||||||||||
FANNIE MAE |
2.250 | % | 03/25/39 | 3,019,552 | * | ** | 3,133 | |||||||||||||||
GS MORTGAGE SECURITIES TRUST |
5.506 | % | 04/10/38 | 1,640,983 | * | ** | 1,693 | |||||||||||||||
GOVERNMENT NATIONAL MORTGAGE |
5.000 | % | 02/16/32 | 544,764 | * | ** | 575 | |||||||||||||||
GOVERNMENT STIF 18 |
0.012 | % | 12/31/30 | 1,146,038 | * | ** | 1,146 | |||||||||||||||
GCCFC COMMERICAL MORTGAGE TRUST |
4.799 | % | 08/10/42 | 2,000,000 | * | ** | 2,140 | |||||||||||||||
HSBC BANK PLC |
2.000 | % | 01/19/14 | 425,000 | * | ** | 429 | |||||||||||||||
HYUNDAI AUTO RECEIVABLES TRUST |
0.830 | % | 12/15/15 | 2,000,000 | * | ** | 2,009 | |||||||||||||||
JP MORGAN CHASE COMMERCIAL MOR |
5.584 | % | 06/12/41 | 2,000,000 | * | ** | 2,126 | |||||||||||||||
JP MORGAN CHASE COMMERCIAL MOR |
5.728 | % | 02/12/49 | 116,818 | * | ** | 117 | |||||||||||||||
LB UBS COMMERICAL MORTGAGE TRUST |
4.931 | % | 09/15/35 | 4,000,000 | * | ** | 4,065 | |||||||||||||||
NCUA |
1.600 | % | 10/29/20 | 178,954 | * | ** | 182 | |||||||||||||||
NATIONAL AUSTRALIA BANK |
2.500 | % | 01/08/13 | 750,000 | * | ** | 750 | |||||||||||||||
NEW YORK LIFE GLOBAL FDG |
3.000 | % | 05/04/15 | 415,000 | * | ** | 436 | |||||||||||||||
NISSAN AUTO RECEIVABLES OWNER |
0.950 | % | 02/16/16 | 2,000,000 | * | ** | 2,015 | |||||||||||||||
PRUDENTIAL |
0.000 | % | 12,758,564 | * | ** | 160,861 | ||||||||||||||||
US TREASURY N/B |
1.375 | % | 05/15/13 | 1,600,000 | * | ** | 1,608 | |||||||||||||||
US TREASURY N/B |
0.250 | % | 11/30/14 | 34,951,000 | * | ** | 34,952 | |||||||||||||||
WESTPAC BANKING CORP |
2.900 | % | 09/10/14 | 1,800,000 | * | ** | 1,874 | |||||||||||||||
WORLD OMNI AUTO RECEIVABLES TR |
0.960 | % | 08/15/16 | 3,000,000 | * | ** | 3,022 | |||||||||||||||
|
|
|||||||||||||||||||||
Subtotal BNY Mellon Bond Fund | 396,411 | |||||||||||||||||||||
|
|
* | 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-28
EIN# 06-0383750
Plan# 100
THE HARTFORD INVESTMENT AND SAVINGS PLAN SUPPLEMENTAL SCHEDULE
FORM 5500, SCHEDULE H, PART IV, LINE 4i SCHEDULE OF ASSETS (HELD AT END OF YEAR)
AS OF DECEMBER 31, 2012 (CONTINUED)
($ 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 |
||||||
Separate Account Guaranteed Investment Contract |
||||||||||
New York Life |
Group Annuity Contract #GA29021, 2.59% ** | *** | 88,992 | |||||||
Wrapper Contracts |
||||||||||
Natixis Financial Products |
Group Annuity Contract #1879-01, 1.89% ** | *** | 30 | |||||||
|
|
|||||||||
Subtotal Wrapper Contracts |
30 | |||||||||
|
|
|||||||||
Subtotal Group Annuity Contracts |
725,429 | |||||||||
|
|
|||||||||
* |
State Street Bank and Trust |
State Street Cash Fund STIF | *** | 33,248 | ||||||
|
|
|||||||||
Subtotal Stable Value Fund |
758,677 | |||||||||
|
|
|||||||||
Clearing Account |
||||||||||
* |
State Street Bank and Trust |
Clearing Account, Fund #NCD8 |
*** | 994 | ||||||
|
|
|||||||||
Subtotal Clearing Account |
994 | |||||||||
|
|
|||||||||
Master Expense Account |
||||||||||
* |
State Street Bank and Trust |
Master Expense Account, Fund #NCD9 | *** | 25 | ||||||
|
|
|||||||||
Subtotal Master Expense Account |
25 | |||||||||
|
|
|||||||||
Investments Total |
$ | 2,920,058 | ||||||||
|
|
|||||||||
Loan Fund |
||||||||||
* |
Plan Members |
Notes Receivable from Participants, maturing in 2013 through 2026 bearing interest at rates from 4.25%10.50% | N/A | 55,415 | ||||||
|
|
|||||||||
Subtotal Loan Fund |
55,415 | |||||||||
|
|
|||||||||
Grand Total |
$ | 2,975,473 | ||||||||
|
|
* | 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 three Guaranteed Investment Contracts under the Bank of New York Mellon (BNY) Bond fund: Natixis #1879-01, Monumental Life Insurance #MDA01098TR and Prudential #GA62433. |
F-29
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 28, 2013 |
F-30
EXHIBIT 23.1
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We consent to the incorporation by reference in Registration Statement Nos. 333-105706, 333-34092 and 333-157372 of The Hartford Financial Services Group, Inc. and its subsidiaries on Form S-8 of our report dated June 28, 2013, appearing in this Annual Report on Form 11-K of The Hartford Investment and Savings Plan for the year ended December 31, 2012.
/s/ DELOITTE & TOUCHE LLP
Hartford, Connecticut
June 28, 2013