0001193125-18-207615.txt : 20180628 0001193125-18-207615.hdr.sgml : 20180628 20180628161201 ACCESSION NUMBER: 0001193125-18-207615 CONFORMED SUBMISSION TYPE: 11-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20171231 FILED AS OF DATE: 20180628 DATE AS OF CHANGE: 20180628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HARTFORD FINANCIAL SERVICES GROUP INC/DE CENTRAL INDEX KEY: 0000874766 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 133317783 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 11-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13958 FILM NUMBER: 18925484 BUSINESS ADDRESS: STREET 1: ONE HARTFORD PLAZA CITY: HARTFORD STATE: CT ZIP: 06155 BUSINESS PHONE: 8605475000 MAIL ADDRESS: STREET 1: ONE HARTFORD PLAZA CITY: HARTFORD STATE: CT ZIP: 06155 FORMER COMPANY: FORMER CONFORMED NAME: ITT HARTFORD GROUP INC /DE DATE OF NAME CHANGE: 19930328 11-K 1 d562393d11k.htm FORM 11-K Form 11-K
Table of Contents

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 11-K

 

 

(Mark One)

ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2017

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

 

 

 


Table of Contents

The Hartford Investment and Savings Plan

TABLE OF CONTENTS

December 31, 2017 and 2016

 

     Page No(s).

Report of Independent Registered Public Accounting Firm

   F-1

Financial Statements:

  

Statements of Net Assets Available for Benefits as of December  31, 2017 and 2016

   F-2

Statement of Changes in Net Assets Available for Benefits for the Year Ended December 31, 2017

   F-3

Notes to Financial Statements as of December  31, 2017 and 2016 and for the year ended December 31, 2017

   F-4 – F-13

Supplemental Schedule:

  

Form 5500, Schedule H, Part IV, Line 4i - Schedule of Assets (Held at End of Year) as of December 31, 2017

   F-14 – F-40

Signature

   F-41

Exhibit Index

 

Exhibit Number    Exhibit Name
23.1    Consent of Independent Registered Public Accounting Firm

All other schedules required by Section 2520.103-10 of the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 have been omitted because they are not applicable.


Table of Contents

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Plan Participants and Plan Administrator of

The Hartford Investment and Savings Plan

Hartford, Connecticut

Opinion on the Financial Statements

We have audited the accompanying statements of net assets available for benefits of The Hartford Investment and Savings Plan (the “Plan”) as of December 31, 2017 and 2016, and the related statement of changes in net assets available for benefits for the year ended December 31, 2017, and the related notes (collectively, the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2017 and 2016, and the changes in net assets available for benefits for the year ended December 31, 2017, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on the Plan’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

Report on Supplemental Information

The supplemental schedule of assets (held at end of year) as of December 31, 2017, has been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental schedule is the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental schedule reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental schedule. In forming our opinion on the supplemental schedule, we evaluated whether the supplemental schedule, including its form and content, is presented in compliance with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, such schedule is fairly stated, in all material respects, in relation to the financial statements as a whole.

/s/ DELOITTE & TOUCHE LLP

Hartford, Connecticut

June 28, 2018

We have served as the auditor of the Plan since 2001.

 

F-1


Table of Contents

EIN# 06-0383750

Plan# 100

THE HARTFORD INVESTMENT AND SAVINGS PLAN

STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS

AS OF DECEMBER 31, 2017 AND 2016

($ IN THOUSANDS)

 

 

     2017      2016  

Assets

     

Investments:

     

Investments, at fair value (Note 4)

   $ 3,617,677      $ 3,034,782  

Investments, at contract value (Note 3)

     728,166        742,213  
  

 

 

    

 

 

 

Total investments

     4,345,843        3,776,995  

Receivables:

     

Notes receivable from Members

     64,137        61,140  

Dividends and interest receivable

     2,731        3,150  
  

 

 

    

 

 

 

Total receivables

     66,868        64,290  
  

 

 

    

 

 

 

Total assets

     4,412,711        3,841,285  

Liabilities

     

Investment management expenses payable

     763        472  

Administrative expenses payable

     37        40  
  

 

 

    

 

 

 

Total liabilities

     800        512  

Net assets available for benefits

   $ 4,411,911      $ 3,840,773  
  

 

 

    

 

 

 

See Notes to Financial Statements.

     

 

F-2


Table of Contents

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, 2017

($ IN THOUSANDS)

 

     2017  

Additions to net assets attributed to:

 

Contributions:

 

Employee contributions

   $ 133,758  

Employer contributions

     108,704  

Rollover contributions

     18,651  
  

 

 

 

Total contributions

     261,113  
  

 

 

 

Investment income (loss):

 

Net appreciation in fair value of investments

     597,293  

Dividends

     8,231  
  

 

 

 

Total investment income

     605,524  
  

 

 

 

Interest income on notes receivable from Members

     3,208  
  

 

 

 

Total additions

     869,845  
  

 

 

 

Deductions from net assets attributed to:

 

Benefits paid to Members

     293,668  

Investment management fees

     4,829  

Administrative expenses

     210  
  

 

 

 

Total deductions

     298,707  
  

 

 

 

Net increase in net assets

     571,138  

Net assets available for benefits:

 

Beginning of year

     3,840,773  
  

 

 

 

End of year

   $ 4,411,911  
  

 

 

 

See Notes to Financial Statements.

 

 

F-3


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THE HARTFORD INVESTMENT AND SAVINGS PLAN

NOTES TO FINANCIAL STATEMENTS

AS OF DECEMBER 31, 2017 AND 2016

AND FOR THE YEAR ENDED DECEMBER 31, 2017

($ 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, 2017 is provided for general information purposes only. Members should refer to the Plan document for more complete information. “Members” refers to eligible participants of the Plan.

The Hartford Financial Services Group, Inc. (“HFSG”, together with its subsidiaries, “The Hartford”, the “Company”) is an insurance and financial services company. The Hartford, headquartered in Connecticut, is among the largest providers of property and casualty insurance and group life and disability products to individual and business customers in the United States of America. The Hartford is also a provider of mutual funds to investors. The Plan Sponsor, Hartford Fire Insurance Company, is a wholly owned subsidiary of The Hartford.

Information with regard to eligibility, contributions, distributions, vesting, trustees, withdrawals, loans, fund redistribution and certain definitions are contained in the Plan Document. A Summary Plan Description (“SPD”) setting forth the highlights of the Plan is available to Members on the Fidelity Net Benefits website. Fidelity Workplace Services LLC serves as the record keeper of the Plan.

Plan Changes

See Note 9 for a general description of amendments made to the Plan Document during 2017 and 2016.

General

The Plan is a defined contribution plan covering substantially all full-time and part-time employees of the Company. The Pension Administration Committee of the Company controls and manages the operation and administration of the Plan, subject to certain exemptions that are specified in the Plan Document. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).

The Trust, as defined in the Plan Document, is the aggregate funds held by the trustee, State Street Bank and Trust Company (the “Trustee”), under the trust agreement established for the purposes of the Plan. The Investment and Savings Plan Investment Committee (“ISPIC”) is responsible for the management of Plan assets except with respect to matters that are the responsibility of Newport Trust Company (formerly Evercore Trust Company) as fiduciary with respect to the common stock of HFSG (“Hartford Stock”) held in The Hartford Stock Fund. The ISPIC may from time to time add investment funds to, or eliminate investment funds from, the group of investment funds available under the Plan, provided, however, that the ISPIC has no authority with respect to the Hartford Stock in The Hartford Stock Fund.

Contributions

Members may elect to contribute a percentage of their eligible compensation (including, effective January 1, 2013, overtime and certain annual bonuses and sales incentives) and may designate their contributions as before-tax, Roth 401(k), after-tax or a combination thereof. Generally, Member contributions may be elected based on 1% to 30% of eligible compensation. 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 “IRC”). If Members do not elect otherwise, they will be automatically enrolled to make before-tax contributions equal to 6% (3% prior to January 1, 2016) of eligible compensation.

Since January 1, 2013, the Company’s contributions include a non-elective contribution of 2% of eligible compensation (“Non-elective Company contributions”) and a dollar-for-dollar matching contribution of up to 6% of eligible compensation contributed by the Member each pay period (“Matching Company contributions”). Prior to January 1, 2013, in addition to matching company contributions, the Company made floor company contributions equal to 0.5% of highly compensated eligible employees’ base salary and 1.5% of all other eligible employees’ base salary.

Member contributions in excess of 6% of the eligible compensation are Supplemental Savings that are not matched by the Company.

 

F-4


Table of Contents

Note 1. Description of the Plan (continued)

 

Administrative Costs

The Trust pays certain administrative expenses of the Plan out of the assets of the Trust. Expenses not paid by the Trust are borne by the Company.

Member Accounts

Individual accounts are maintained for each Member of the Plan. Each Member’s account is credited with that Member’s contributions and allocations of the associated Matching Company contributions, Non-Elective Company contributions and any investment earnings for the Member’s account, and is charged with withdrawals and an allocation of administrative expenses and investment losses for the Member’s account. Allocations are based on Member account balances, as defined in the Plan Document. The benefit to which a Member is entitled is the benefit that can be provided from that Member’s vested account balance.

Vesting

Members are 100% vested at all times with respect to Member contributions and earnings thereon. Members first hired prior to January 1, 2016 are 100% vested in Matching Company and Non-Elective Company contributions made after January 1, 2013 after two years of service. Effective January 1, 2016, Members first hired on or after January 1, 2016 are 100% vested in Matching Company Contributions and Non-Elective Company contributions after three years of service.

Members are vested 20% in Matching Company contributions made prior to January 1, 2013 for each completed year of service, until five years of service at which time the Members are 100% vested. Members are fully vested in floor company contributions made prior to January 1, 2013.

Notwithstanding the foregoing statement, a Member becomes fully vested in such Member’s Matching Company contribution account upon retirement (for retirement eligible Members), disability, death, reaching age 65, or upon the complete discontinuance of Company contributions or termination of the Plan.

Investment Options

Members may direct the investment of their future contributions and/or existing account balances into various investment options offered by the Plan and may change investments and transfer amounts between funds daily. As of December 31, 2017, Member contributions, Matching Company contributions and Non-Elective Company contributions may be invested in any of the twenty-six investment options of the Plan in multiples of 1%, as elected or deemed elected by the Member (“Member directed investments”).

Certain investment options are parties-in-interest with The Hartford. See Note 8 for further discussion.

Notes Receivable from Members

Members may borrow from their accounts a minimum of $0.5 to a maximum equal to the lesser of $50 or 50% of their vested account balance, reduced by any pre-existing outstanding loan amounts during the last 12 months. Loan transactions are treated as transfers between the investment funds and the loan fund. Loan terms range from one to five years, or up to 15 years for the purchase of a primary residence. The loan is secured by the balance in the Member’s account. The interest rate on a loan in a calendar quarter is set on the last business day of the prior February, May, August or November based on the prime rate provided by Thomson Reuters on that date plus one percentage point and is fixed for the term of the loan. Principal and interest is paid ratably through payroll deductions.

Payment of Benefits

On termination of service due to retirement, death, disability, or certain other reasons, Members or their designated beneficiaries may elect to receive either a lump sum amount equal to the value of their vested account balance, or, in the case of Members meeting certain requirements, annual installments over a period not greater than thirty years (subject to certain conditions), or annual installments over the recipient’s life expectancy. If a Member was receiving installment payments, upon the Member’s death, the designated beneficiary has the option of receiving the remaining value either in a lump sum or annual installments over the beneficiary’s life expectancy.

 

F-5


Table of Contents

Note 1. Description of the Plan (continued)

 

Distributions may be paid in cash or, with respect to The Hartford Stock Fund, in stock distributions. Members or their designated beneficiaries may also elect to defer distributions subject to certain conditions.

Forfeitures

When a Member terminates employment before he or she has vested in his or her Matching Company and Non-Elective Company contributions, the non-vested portion of the Member’s account as defined by the Plan, represents a forfeiture. The Plan document permits the use of forfeitures to either reduce future employer contributions or Plan administrative expenses for the Plan year. However, if a participant is re-employed and fulfills certain requirements, as defined in the Plan document, the account will be reinstated. At December 31, 2017 and 2016, forfeited non-vested account balances totaled $17 and $71, respectively.

These forfeitures are applied to reduce future Matching Company contributions. During the year ended December 31, 2017, Matching Company contributions were reduced by $2,648 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 Labor’s Rules and Regulations for Reporting and Disclosure under ERISA.

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management of the Plan to make estimates and assumptions that affect the reported amounts of assets and liabilities and changes therein, and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of additions and deductions during the reporting period. Actual results could differ from those estimates.

Risks and Uncertainties

The Plan provides various investment options to its participants. Investment securities, in general, are exposed to various risks, such as interest rate, credit and overall market volatility. Due to the level of risk associated with certain investment securities, it is possible that changes in the values of investment securities, which are reflected in the Statement of Changes in Net Assets Available for Benefits, may occur in the near term and such changes could materially affect the amounts reported in the financial statements.

Investment Valuation and Income Recognition

The Plan’s investments are stated at fair value, except for fully benefit-responsive guaranteed investment contracts (“GICs”), which are reported at contract value. Fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Contract value is the amount Plan participants would receive if they were to initiate permitted transactions under the terms of the Plan (see Note 3). See Note 4 for discussion on fair value measurements.

Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date. Net appreciation includes the Plan’s gains and losses on investments bought and sold as well as held during the year.

Investment expenses charged to the Plan for investments in mutual funds and collective investment trusts are charged directly against the assets of the fund and are not separately reflected. Consequently, investment expenses are reflected as a reduction of investment gain for such investments. For investments other than mutual funds and collective investment trusts, investment expenses are reflected as investment management fees paid out of the assets of the Fund and are recognized as expenses of the Plan.

Payment of Benefits

Benefits paid to Members are recorded when distributed.

 

F-6


Table of Contents

Note 2. Accounting Policies (continued)

 

Contributions

Member and Matching Company contributions are recorded in the period during which the Company makes payroll deductions from Members’ compensation.

Excess Contribution Payable

The Plan is required to return contributions received during the Plan year in excess of the IRC limits. There were no such excess contributions in 2017 or 2016.

Notes Receivable from Members

Notes receivable from Members are measured at their unpaid principal balance plus any accrued but unpaid interest. Delinquent notes receivable from Member loans are recorded as deemed distributions based on the terms of the Plan Document.

Administrative Expenses

Certain administrative expenses of the Plan are paid by the Plan Sponsor as provided in the plan document. Recordkeeping fees of the Plan are paid by the Plan. All investment management and transaction fees directly related to the Plan investments are paid by the Plan.

Note 3. Fully Benefit-Responsive Investment Contract with Financial Institutions

The Plan’s Stable Value Fund is comprised primarily of synthetic GICs, which are fully benefit responsive contracts. 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. The synthetic GIC contracts are included in the financial statements at contract value (see Note 2). Contract value represents contributions made under the contract, plus earnings, less Plan withdrawals and administrative expenses. A synthetic GIC is an investment contract issued by an insurance company or other financial institution where the contract issuer is contractually obligated to provide a specified interest rate return with respect to a portfolio of financial instruments owned by the Plan and not held or owned by that insurance company or financial institution. The interest rate return is provided under a benefit responsive wrap contract (or “wrapper”). Standish Mellon Asset Management Company LLC, a wholly owned subsidiary of The Bank of New York Mellon Corporation, provides investment management services to the Stable Value Fund. The fair value of the benefit-responsive wrapper contracts was ($50) at December 31, 2017 and ($28) at December 31, 2016. The wrapper provides that Members execute Plan transactions at contract value. 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 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.

Earnings on investments at contract value as 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. Gains and losses are defined as the difference between the market value of the underlying securities and contract value of the synthetic GIC. 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 of the underlying securities within each synthetic GIC, default or credit failures of any of the securities, investment contracts, or other investments held in a trust that is owned by the Plan and the initiation of an extended termination of one or more synthetic GICs by the manager or the contract issuer. The rate of return earned on a synthetic GIC, or the crediting rate, is generally reset quarterly by the issuer but the rate cannot 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 terms of the synthetic GICs in 2017 or 2016.

 

F-7


Table of Contents

Note 3. Fully Benefit-Responsive Investment Contract with Financial Institutions (continued)

 

During 2017, there were no changes in contracts within the Stable Value Fund.

 

Average yields:

   2017     2016  

Based on annualized earnings (1)

     2.28     2.30

Based on interest rate credited to participants (2)

     2.21     2.35

 

(1) Calculated based on actual investment income from the underlying investments for the last month of the year, annualized, divided by the fair value of the investment portfolio as of December 31, 2017 and 2016, respectively.
(2) Calculated based on the interest rate credited to participants from the underlying investments for the last month of the year, annualized, divided by the fair value of the investment portfolio as of December 31, 2017 and 2016, respectively.

The following table represents the contract value for each of the contracts as of December 31, 2017:

 

Contract Issuer

   Contract
Number
   Major
Credit
Ratings
     Investments
at Contract
Value
 

Transamerica Premier Life

   MDA01097TR      AA- / Aa2      $ 214,437  

American General Life

   1646368      AA / Aa2        101,686  

American General Life

   1635582      AA+ / Aaa        78,559  

RGA

   RGA00058      AA / Aa2        42,518  

New York Life

   GA29021      AA+ / Aaa        95,238  

Prudential

   GA62433      AA / Aa1        172,148  
        

 

 

 
           704,586  

Cash and cash equivalents

           23,580  
        

 

 

 

Total

         $ 728,166  
        

 

 

 

The following table represents the contract value for each of the contracts as of December 31, 2016:

 

Contract Issuer

   Contract
Number
     Major
Credit
Ratings
     Investments
at Contract
Value
 

Transamerica Premier Life

     MDA01097TR        AA- / Aa2      $ 230,226  

American General Life

     1646368        AA / Aa2        99,884  

American General Life

     1635582        AA+ / Aaa        77,396  

RGA

     RGA00058        AA / Aa2        41,550  

New York Life

     GA29021        AA+ / Aaa        93,047  

Prudential

     GA62433        AA / Aa1        167,989  
        

 

 

 
           710,092  

Cash and cash equivalents

           32,121  
        

 

 

 

Total

         $ 742,213  
        

 

 

 

Note 4. Fair Value Measurements

The Plan estimates of fair value are based on ASC 820, Fair Value Measurements and Disclosures, which provides a framework for measuring fair value. That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value and requires that observable inputs be used in valuations when available.

The disclosure of fair value estimates in the fair value accounting guidance hierarchy is based on whether the significant inputs into the valuation are observable. In determining the level of the hierarchy in which the estimate is disclosed, the highest priority is given to unadjusted quoted prices in active markets and the lowest priority to unobservable inputs that reflect the Plan’s significant market assumptions. The level in the fair value hierarchy within which the fair value measurement is reported is based on the level of the input that is least observable to the measurement in its entirety. The three levels of the hierarchy are as follows:

 

  Level 1 - Fair values based primarily on unadjusted quoted prices for identical assets, or liabilities, in active markets that the Plan has the ability to access at the measurement date.

 

F-8


Table of Contents

Note 4. Fair Value Measurements (continued)

 

    Level 2 - Fair values primarily based on observable inputs, other than quoted prices included in Level 1, or based on prices for similar assets and liabilities.

 

    Level 3 - Fair values derived when one or more of the significant inputs are unobservable (including assumptions about risk). With little or no observable market, the determination of fair values uses considerable judgment and represents the Plan’s best estimate of an amount that could be realized in a market exchange for the asset or liability. Also included are securities that are traded within illiquid markets and/or priced by independent brokers.

Asset Valuation Techniques — Valuation techniques maximize the use of relevant observable inputs and minimize the use of unobservable inputs. The following is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used at December 31, 2017 and 2016.

Generally, the Plan determines the estimated fair value of its equity securities and short-term investments using the market approach. The income approach is used for securities priced using a pricing matrix. The 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.

Short-term Investments — Primary inputs also include material event notices and new issue money market rates.

Mutual Funds — Valued at the daily closing price as reported by the fund. Mutual funds held by the Plan are open-ended mutual funds that are registered with the Securities and Exchange Commission. These funds are required to publish their daily NAV and to transact at that price. The mutual funds held by the Plan are deemed to be actively traded.

Equity Securities – Valued at the closing price reported on the active market on which the individual securities are traded.

Collective Investment Trusts — Valued at the NAV of units of a collective trust. The NAV, as provided by the Trustee, is used as a practical expedient to estimate fair value. The NAV is based on the fair value of the underlying investments held by the fund less its liabilities. This practical expedient is not used when it is determined to be probable that the fund will sell the investment for an amount different than the reported NAV. Member transactions (purchases and sales) may occur daily. Were the Plan to initiate a full redemption of the collective trust, the investment advisor reserves the right to temporarily delay withdrawal from the trust in order to ensure that securities liquidations will be carried out in an orderly business manner. As of December 31, 2017 and 2016 there were no unfunded commitments or redemption restrictions on collective investment trusts.

The following tables set forth by level within the fair value hierarchy a summary of the Plan’s investments measured at fair value on a recurring basis at December 31, 2017 and 2016.

 

     Investment Assets at Fair Value December 31, 2017  
     Active Markets      Other      Significant         
     for Identical      Observable      Unobservable         
     Assets (Level 1)      Inputs (Level 2)      Inputs (Level 3)      Total  

Invested Assets

           

Short Term Investments

   $ —        $ 9,623      $ —        $ 9,623  

Debt Securities

     —          —          —          —    

Mutual Funds

     970,675        —          —          970,675  

Equity Securities

     1,273,998        —          —          1,273,998  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total investments at fair value [1]

   $ 2,244,673      $ 9,623      $ —        $ 2,254,296  
  

 

 

    

 

 

    

 

 

    

 

 

 

Investments at net asset value:

           

Collective investment trusts

              1,363,381  
           

 

 

 

Total investments

            $ 3,617,677  
           

 

 

 

 

[1] Excludes $1,310 of dividend receivable and $1,421 of interest receivable recorded at fair value.

 

F-9


Table of Contents

Note 4. Fair Value Measurements (continued)

 

     Investment Assets at Fair Value December 31, 2016  
     Active Markets      Other      Significant         
     for Identical      Observable      Unobservable         
     Assets (Level 1)      Inputs (Level 2)      Inputs (Level 3)      Total  

Invested Assets

           

Short Term Investments

   $ —        $ 5,007      $ —        $ 5,007  

Debt Securities

     —          —          —          —    

Mutual Funds

     825,115        —          —          825,115  

Equity Securities

     1,095,069        —          —          1,095,069  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total investments at fair value [1]

   $ 1,920,184      $ 5,007      $ —        $ 1,925,191  
  

 

 

    

 

 

    

 

 

    

 

 

 

Investments at net asset value:

           

Collective investment trusts

              1,109,591  
           

 

 

 

Total investments

            $ 3,034,782  
           

 

 

 

 

[1] Excludes $1,383 of dividend receivable, $1,463 of interest receivable and $304 of other receivables 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. For the years ended, December 31, 2017 and 2016 there were no transfers between levels beyond those mentioned below.

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 Plan’s Level 3 investments using significant unobservable inputs for the years ended December 31, 2017 and 2016. There were no Level 3 investments as of either December 31, 2017 or December 31, 2016 and no transfers to or from Level 3 investments during 2017 or 2016.

 

     Level 3 Investment
Assets and Investment
 
     Year Ended
December 31, 2016
 
     Bond  
     Investments  

Balance, beginning of year

   $ 982  

Realized gains/(losses), net

     (25

Change in unrealized gains/(losses), net

     65  

Purchases

     143  

Issuances

     —    

Settlements

     —    

Sales

     (1,165

Transfers in to Level 3

     —    

Transfers out of Level 3

     —    
  

 

 

 

Balance, end of year

   $ —    
  

 

 

 

 

F-10


Table of Contents

Note 4. Fair Value Measurements (continued)

 

The change in unrealized gains/(losses) included in the Statement of Changes in Net Assets Available for Benefits related to Level 3 assets still held at the reporting date totaled $0 and $0 as of December 31, 2017 and 2016, respectively.

Hartford’s Investment and Savings Plan Investment Committee, which oversees the Plan’s menu of investments, works with an unaffiliated investment consultant to monitor the performance of Plan investments, periodically review the Plan’s menu of investments and, when appropriate, make changes.

The valuation methods described in Note 2 may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, although the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

Note 5. Federal Income Tax Status

The Internal Revenue Service (“IRS”) has determined and informed the Company by letter dated June 13, 2017 that the Plan and related Trust are designed in accordance with the applicable regulations of the IRC. The Company and Plan management believe that the Plan is currently designed and operated in compliance with the applicable requirements of the IRC and the Plan and related Trust continue to be tax-exempt. No provision for income taxes has been included in the Plan’s financial statements.

GAAP requires Plan management to 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 2014.

Note 6. Plan Termination

Although the Company has not expressed any intent to do so, the Company has the right under the Plan to suspend, reduce, or partially or completely discontinue its contributions at any time and to terminate the Plan, the Trust agreement and the Trust hereunder, subject to the provisions of ERISA. In the event of termination or partial termination of the Plan or complete discontinuance of contributions, affected Members automatically become fully-vested in their accounts.

Note 7. Reconciliation of Financial Statements to Form 5500

The following is a reconciliation of net assets available for benefits between the accompanying financial statements and the amounts reflected in Form 5500 as of December 31, 2017 and 2016:

 

     2017      2016  

Net assets available for benefits per accompanying financial statements

   $ 4,411,911      $ 3,840,773  

Adjustment from contract value to fair value for fully benefit-responsive investment contracts

     5,138        6,675  
  

 

 

    

 

 

 

Net assets per Form 5500

   $ 4,417,049      $ 3,847,448  
  

 

 

    

 

 

 

The following is a reconciliation of total investment income and contributions on the accompanying financial statements and the amount reflected in Form 5500 for the year ended December 31, 2017:

 

Total investment income and contributions per accompanying financial statements

   $ 869,845  

Adjustment from contract value to fair value for fully benefit-responsive investment contracts at beginning of the year

     (6,675

Adjustment from contract value to fair value for fully benefit-responsive investment contracts at the end of the year

     5,138  
  

 

 

 

Total income per Form 5500

   $ 868,308  
  

 

 

 

 

 

F-11


Table of Contents

Note 7. Reconciliation of Financial Statements to Form 5500 (continued)

 

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, 2017:

 

Benefits paid to Members per accompanying financial statements

   $ 293,668  

Deduct corrective distributions

     6  

Deduct amounts allocated to deemed loan distributions

     30  
  

 

 

 

Benefits paid to Members per Form 5500

   $ 293,632  
  

 

 

 

Note 8. Exempt Party-in-Interest Transactions

Certain plan investments are in funds managed by the Trustee and certain subsidiaries of the Company. Fees paid by the Plan for trustee, custodial and investment management services amounted to $78 for the year ended December 31, 2017. Fees paid by the Plan to a subsidiary of the Company pursuant to a group annuity contract issued by a subsidiary, for The Hartford Index Fund, amounted to ($9) for the year ended December 31, 2017. In addition, certain Plan investments include shares of mutual funds that are advised and distributed by a subsidiary and shares of Hartford Stock. At December 31, 2017 and 2016, the fair value of mutual funds held by the Plan was $672,361 and $653,614, respectively. At December 31, 2017 and 2016, the Plan held 4,190,646 shares and 4,594,172 shares of Hartford Stock with a cost basis of $139,664 and $153,113, respectively. The shares of Hartford Stock had a fair value of $235,850 and $218,047 at December 31, 2017 and 2016, respectively. During the year ended December 31, 2017, the Plan recorded dividend income from Hartford Stock and The Hartford’s mutual funds of $8,042.

Note 9. Plan Amendments and Other Changes

Effective January 1, 2016, the Plan was amended to change the vesting period for Members hired on or after January 1, 2016, Members will become 100% vested in Matching Company and non-elective Company contributions made after January 1, 2016 after three years of service.

Effective July 29, 2016, the Plan was amended to allow new Members into the Plan and to allow employees to have their previous service with Northern Homelands Company and its subsidiaries and Lattice Strategies LLC be applied to their years of service with the Company and used in determining the employees’ vesting in Plan contributions. Further, if the new Members do not elect otherwise, they will be automatically enrolled to make before-tax contributions equal to 6% (3% for salary prior to January 1, 2016) of eligible compensation.

Effective January 1, 2018, the definition of Service was revised to give credit for employment with Aetna, Inc. to former Aetna employees who became Company employees on January 1, 2018 as a result of the Company’s acquisition of Aetna’s group life and disability business. In addition, if these former Aetna employees do not make a proper enrollment election, they will be automatically enrolled in the Plan 90 days after January 1, 2018 to make before-tax contributions equal to 6% of eligible compensation.

Effective January 1, 2018, a provision was added to the Plan to reduce the administrative burden of filing for benefits in cases where the beneficiary is unable to care for their affairs due to illness or accident, or is a minor or has died.

 

F-12


Table of Contents

Note 10. Subsequent Events

Management has evaluated events subsequent to December 31, 2017, through the date the financial statements were issued, noting there are no subsequent events requiring adjustment or disclosure in the financial statements.

******

 

F-13


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   Chartwell Equity Securities         
   Acxiom Corp         ***      $ 952  
   Almost Family Inc         ***        1,056  
   Altra Industrial Motion Corp         ***        1,295  
   American Equity Invt Life Hl         ***        1,156  
   Argo Group International         ***        1,769  
   Avista Corp         ***        804  
   Barnes Group Inc         ***        1,348  
   Black Hills Corp         ***        857  
   Buffalo Wild Wings Inc         ***        770  
   Columbia Banking System Inc         ***        1,588  
   CVB Financial Corp         ***        1,044  
   Denny S Corp         ***        1,386  
   Diodes Inc         ***        801  
   Eagle Materials Inc         ***        1,354  
   Education Realty Trust Inc         ***        1,164  
   El Paso Electric Co         ***        1,241  
   Empire State Realty Trust A         ***        789  
   Enpro Industries Inc         ***        1,484  
   Esco Technologies Inc         ***        2,158  
   Fcb Financial Holdings Cl A         ***        949  
   First Financial Bancorp         ***        1,264  
   First Industrial Realty Tr         ***        1,162  
   First Midwest Bancorp Inc/Il         ***        1,168  
   Fnb Corp         ***        822  
   Franklin Electric Co Inc         ***        929  
   Gstif 25 Bps         ***        3,035  
   Haemonetics Corp/Mass         ***        1,555  
   Harsco Corp         ***        870  
   Healthcare Realty Trust Inc         ***        1,388  
   Hope Bancorp Inc         ***        1,154  
   Hub Group Inc Cl A         ***        1,009  
   Independent Bank Group Inc         ***        1,598  
   Innophos Holdings Inc         ***        809  
   Integrated Device Tech Inc         ***        1,920  
   Interface Inc         ***        1,232  
   Itt Inc         ***        2,236  
   Kite Realty Group Trust         ***        660  
   Knoll Inc         ***        1,078  
   Korn/Ferry International         ***        1,153  
   Lancaster Colony Corp         ***        755  

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-14


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   Lydall Inc         ***        848  
   Mantech International Corp A         ***        1,860  
   Matthews Intl Corp Class A         ***        777  
   Mcgrath Rentcorp         ***        828  
   Minerals Technologies Inc         ***        1,201  
   Northwestern Corp         ***        1,525  
   Oxford Industries Inc         ***        680  
   Pebblebrook Hotel Trust         ***        1,106  
   Pinnacle Financial Partners         ***        845  
   Plexus Corp         ***        1,788  
   PRA Group Inc         ***        1,479  
   Progress Software Corp         ***        1,243  
   PS Business Parks Inc/Ca         ***        1,417  
   Renasant Corp         ***        1,204  
   Rogers Corp         ***        1,478  
   RSP Permian Inc         ***        1,650  
   Rush Enterprises Inc Cl A         ***        1,679  
   Saia Inc         ***        1,666  
   Scholastic Corp         ***        1,322  
   Selective Insurance Group         ***        1,934  
   South State Corp         ***        1,490  
   Southwest Gas Holdings Inc         ***        1,314  
   SRC Energy Inc         ***        1,052  
   Strayer Education Inc         ***        416  
   Towne Bank         ***        1,188  
   Tri Pointe Group Inc         ***        1,184  
   Trueblue Inc         ***        1,422  
   UMB Financial Corp         ***        1,081  
   Umpqua Holdings Corp         ***        1,089  
   United Bankshares Inc         ***        787  
   United Community Banks/Ga         ***        1,334  
   Wolverine World Wide Inc         ***        1,045  
           

 

 

 
      Subtotal Chartwell Equity Securities      $ 89,694  
           

 

 

 
   Clearing Account         
   State Street Bank and Trust    Clearing Account      ***        1,189  
           

 

 

 
      Subtotal Clearing Account      $ 1,189  
           

 

 

 
   Collective Investment Trusts         
   SSGA    SSGA Real Asset Fund      ***        24,998  
   Target Retirement 2015 Fund    Vanguard Target Retirement 2015 Fund      ***        88,565  
   Target Retirement 2020 Fund    Vanguard Target Retirement 2020 Fund      ***        87,287  
   Target Retirement 2025 Fund    Vanguard Target Retirement 2025 Fund      ***        292,408  
   Target Retirement 2030 Fund    Vanguard Target Retirement 2030 Fund      ***        118,371  

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-15


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   Target Retirement 2035 Fund    Vanguard Target Retirement 2035 Fund      ***        292,425  
   Target Retirement 2040 Fund    Vanguard Target Retirement 2040 Fund      ***        93,632  
   Target Retirement 2045 Fund    Vanguard Target Retirement 2045 Fund      ***        179,973  
   Target Retirement 2050 Fund    Vanguard Target Retirement 2050 Fund      ***        78,099  
   Target Retirement 2055 Fund    Vanguard Target Retirement 2055 Fund      ***        38,846  
   Target Retirement 2060 Fund    Vanguard Target Retirement 2060 Fund      ***        18,320  
   Target Retirement 2065 Fund    Vanguard Target Retirement 2065 Fund      ***        175  
   Target Retirement Income Fund    Vanguard Target Retirement Income Fund      ***        50,282  
           

 

 

 
      Subtotal Collective Investment Trusts      $ 1,363,381  
           

 

 

 
   Loomis Sayles Growth Fund         
   Alibaba Group Holding Sp Adr         ***        17,606  
   Alphabet Inc Cl A         ***        8,372  
   Alphabet Inc Cl C         ***        8,340  
   Amazon.Com Inc         ***        20,062  
   American Express Co         ***        4,161  
   Amgen Inc         ***        4,895  
   Analog Devices Inc         ***        1,227  
   Autodesk Inc         ***        9,170  
   Automatic Data Processing         ***        2,393  
   Cerner Corp         ***        5,895  
   Cisco Systems Inc         ***        13,461  
   Coca Cola Co/The         ***        7,473  
   Danone Spons Adr         ***        9,054  
   Deere + Co         ***        8,253  
   Expeditors Intl Wash Inc         ***        7,936  
   Facebook Inc A         ***        18,552  
   Factset Research Systems Inc         ***        4,710  
   Gstif 25 Bps         ***        3,235  
   Merck + Co. Inc.         ***        2,714  
   Microsoft Corp         ***        7,987  
   Monster Beverage Corp         ***        11,575  
   Novartis AG Sponsored ADR         ***        5,023  
   Novo Nordisk A/S Spons ADR         ***        9,398  
   Oracle Corp         ***        13,486  
   Procter + Gamble Co/The         ***        7,510  
   Qualcomm Inc         ***        8,853  
   Regeneron Pharmaceuticals         ***        6,563  
   Schlumberger Ltd         ***        8,786  
   SEI Investments Company         ***        9,143  
   United Parcel Service Cl B         ***        6,239  
   Varian Medical Systems Inc         ***        6,171  
   Visa Inc Class A Shares         ***        15,148  

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-16


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   Yum Brands Inc         ***        4,882  
   Yum China Holdings Inc         ***        3,520  
           

 

 

 
      Subtotal Loomis Sayles Growth Fund      $ 281,793  
           

 

 

 

*

   The Hartford Index Fund         
   Equity Securities         
   3M Co         ***        3,265  
   Abbott Laboratories         ***        2,309  
   Abbvie Inc         ***        3,583  
   Accenture Plc Cl A         ***        2,199  
   Activision Blizzard Inc         ***        1,113  
   Acuity Brands Inc         ***        172  
   Adobe Systems Inc         ***        2,008  
   Advance Auto Parts Inc         ***        171  
   Advanced Micro Devices         ***        196  
   AES Corp         ***        166  
   Aetna Inc         ***        1,367  
   Affiliated Managers Group         ***        265  
   Aflac Inc         ***        802  
   Agilent Technologies Inc         ***        501  
   Air Products + Chemicals Inc         ***        831  
   Akamai Technologies Inc         ***        256  
   Alaska Air Group Inc         ***        211  
   Albemarle Corp         ***        328  
   Alexandria Real Estate Equit         ***        291  
   Alexion Pharmaceuticals Inc         ***        621  
   Align Technology Inc         ***        373  
   Allegion Plc         ***        176  
   Allergan Plc         ***        1,264  
   Alliance Data Systems Corp         ***        284  
   Alliant Energy Corp         ***        229  
   Allstate Corp         ***        873  
   Alphabet Inc Cl A         ***        7,297  
   Alphabet Inc Cl C         ***        7,342  
   Altria Group Inc         ***        3,167  
   Amazon.Com Inc         ***        10,870  
   Ameren Corporation         ***        333  
   American Airlines Group Inc         ***        515  
   American Electric Power         ***        841  
   American Express Co         ***        1,663  
   American International Group         ***        1,245  
   American Tower Corp         ***        1,422  
   American Water Works Co Inc         ***        379  

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-17


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   Ameriprise Financial Inc         ***        583  
   Amerisourcebergen Corp         ***        345  
   Ametek Inc         ***        389  
   Amgen Inc         ***        2,934  
   Amphenol Corp Cl A         ***        623  
   Anadarko Petroleum Corp         ***        682  
   Analog Devices Inc         ***        763  
   Andeavor         ***        381  
   Ansys Inc         ***        291  
   Anthem Inc         ***        1,343  
   Aon Plc         ***        778  
   Apache Corp         ***        374  
   Apartment Invt + Mgmt Co A         ***        159  
   Apple Inc         ***        20,194  
   Applied Materials Inc         ***        1,267  
   Aptiv Plc         ***        525  
   Archer Daniels Midland Co         ***        521  
   Arconic Inc         ***        268  
   Arthur J Gallagher + Co         ***        266  
   Assurant Inc         ***        126  
   AT+T Inc         ***        5,548  
   Autodesk Inc         ***        534  
   Automatic Data Processing         ***        1,208  
   Autozone Inc         ***        455  
   Avalonbay Communities Inc         ***        573  
   Avery Dennison Corp         ***        236  
   Baker Hughes A Ge Co         ***        315  
   Ball Corp         ***        308  
   Bank Of America Corp         ***        6,655  
   Bank Of New York Mellon Corp         ***        1,282  
   Baxter International Inc         ***        753  
   BB+T Corp         ***        912  
   Becton Dickinson And Co         ***        1,318  
   Berkshire Hathaway Inc Cl B         ***        8,865  
   Best Buy Co Inc         ***        405  
   Biogen Inc         ***        1,565  
   Blackrock Inc         ***        1,474  
   Boeing Co/The         ***        3,837  
   Borgwarner Inc         ***        235  
   Boston Properties Inc         ***        466  
   Boston Scientific Corp         ***        791  
   Brighthouse Financial Inc         ***        130  

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-18


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   Bristol Myers Squibb Co         ***        2,331  
   Broadcom Ltd         ***        2,428  
   Brown Forman Corp Class B         ***        313  
   C.H. Robinson Worldwide Inc         ***        289  
   CA Inc         ***        243  
   Cabot Oil + Gas Corp         ***        307  
   Cadence Design Sys Inc         ***        274  
   Campbell Soup Co         ***        215  
   Capital One Financial Corp         ***        1,122  
   Cardinal Health Inc         ***        448  
   Carmax Inc         ***        272  
   Carnival Corp         ***        629  
   Caterpillar Inc         ***        2,179  
   CBOE Global Markets Inc         ***        329  
   CBRE Group Inc A         ***        304  
   CBS Corp Class B When Distri         ***        498  
   Celgene Corp         ***        1,910  
   Centene Corp         ***        404  
   Centerpoint Energy Inc         ***        284  
   Centurylink Inc         ***        377  
   Cerner Corp         ***        495  
   CF Industries Holdings Inc         ***        231  
   Charter Communications Inc A         ***        1,514  
   Chesapeake Energy Corp         ***        83  
   Chevron Corp         ***        5,526  
   Chipotle Mexican Grill Inc         ***        167  
   Chubb Ltd         ***        1,577  
   Church + Dwight Co Inc         ***        291  
   Cigna Corp         ***        1,164  
   Cimarex Energy Co         ***        270  
   Cincinnati Financial Corp         ***        260  
   Cintas Corp         ***        312  
   Cisco Systems Inc         ***        4,400  
   Citigroup Inc         ***        4,572  
   Citizens Financial Group         ***        480  
   Citrix Systems Inc         ***        293  
   Clorox Company         ***        446  
   CME Group Inc         ***        1,155  
   CMS Energy Corp         ***        310  
   Coca Cola Co/The         ***        4,089  
   Cognizant Tech Solutions A         ***        973  
   Colgate Palmolive Co         ***        1,539  

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-19


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   Comcast Corp Class A         ***        4,342  
   Comerica Inc         ***        351  
   Conagra Brands Inc         ***        358  
   Concho Resources Inc         ***        519  
   Conocophillips         ***        1,525  
   Consolidated Edison Inc         ***        612  
   Constellation Brands Inc A         ***        915  
   Cooper Cos Inc/The         ***        248  
   Corning Inc         ***        646  
   Costco Wholesale Corp         ***        1,890  
   Coty Inc Cl A         ***        218  
   Crown Castle Intl Corp         ***        1,048  
   CSRA Inc         ***        114  
   CSX Corp         ***        1,143  
   Cummins Inc         ***        640  
   CVS Health Corp         ***        1,707  
   Danaher Corp         ***        1,320  
   Darden Restaurants Inc         ***        276  
   Davita Inc         ***        254  
   Deere + Co         ***        1,163  
   Delta Air Lines Inc         ***        854  
   Dentsply Sirona Inc         ***        351  
   Devon Energy Corp         ***        506  
   Digital Realty Trust Inc         ***        544  
   Discover Financial Services         ***        650  
   Discovery Communications A         ***        80  
   Discovery Communications C         ***        100  
   Dish Network Corp A         ***        253  
   Dollar General Corp         ***        563  
   Dollar Tree Inc         ***        591  
   Dominion Energy Inc         ***        1,212  
   Dover Corp         ***        366  
   DowDupont Inc         ***        3,873  
   Dr Horton Inc         ***        405  
   Dr Pepper Snapple Group Inc         ***        407  
   DTE Energy Company         ***        456  
   Duke Energy Corp         ***        1,368  
   Duke Realty Corp         ***        225  
   DXC Technology Co         ***        629  
   E Trade Financial Corp         ***        312  
   Eastman Chemical Co         ***        309  
   Eaton Corp Plc         ***        809  

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-20


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   Ebay Inc         ***        852  
   Ecolab Inc         ***        811  
   Edison International         ***        479  
   Edwards Lifesciences Corp         ***        554  
   Electronic Arts Inc         ***        752  
   Eli Lilly + Co         ***        1,902  
   Emerson Electric Co         ***        1,040  
   Entergy Corp         ***        341  
   Envision Healthcare Corp         ***        97  
   EOG Resources Inc         ***        1,450  
   EQT Corp         ***        324  
   Equifax Inc         ***        329  
   Equinix Inc         ***        824  
   Equity Residential         ***        545  
   Essex Property Trust Inc         ***        371  
   Estee Lauder Companies Cl A         ***        662  
   Everest Re Group Ltd         ***        211  
   Eversource Energy         ***        465  
   Exelon Corp         ***        879  
   Expedia Inc         ***        342  
   Expeditors Intl Wash Inc         ***        267  
   Express Scripts Holding Co         ***        983  
   Extra Space Storage Inc         ***        256  
   Exxon Mobil Corp         ***        8,237  
   F5 Networks Inc         ***        191  
   Facebook Inc A         ***        9,780  
   Fastenal Co         ***        365  
   Federal Realty Invs Trust         ***        224  
   Fedex Corp         ***        1,431  
   Fidelity National Info Serv         ***        730  
   Fifth Third Bancorp         ***        498  
   FirstEnergy Corp         ***        317  
   Fiserv Inc         ***        635  
   Flir Systems Inc         ***        150  
   Flowserve Corp         ***        127  
   Fluor Corp         ***        168  
   FMC Corp         ***        295  
   Foot Locker Inc         ***        135  
   Ford Motor Co         ***        1,132  
   Fortive Corp         ***        514  
   Fortune Brands Home + Securi         ***        245  
   Franklin Resources Inc         ***        329  

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-21


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   Freeport Mcmoran Inc         ***        593  
   Gap Inc/The         ***        172  
   Garmin Ltd         ***        154  
   Gartner Inc         ***        259  
   General Dynamics Corp         ***        1,312  
   General Electric Co         ***        3,517  
   General Mills Inc         ***        783  
   General Motors Co         ***        1,218  
   Genuine Parts Co         ***        324  
   GGP Inc         ***        339  
   Gilead Sciences Inc         ***        2,175  
   Global Payments Inc         ***        371  
   Goldman Sachs Group Inc         ***        2,077  
   Goodyear Tire + Rubber Co         ***        185  
   H+R Block Inc         ***        127  
   Halliburton Co         ***        991  
   Hanesbrands Inc         ***        177  
   Harley Davidson Inc         ***        199  
   Harris Corp         ***        392  
   Hartford Financial Svcs Grp         ***        467  
   Hasbro Inc         ***        240  
   HCA Healthcare Inc         ***        578  
   HCP Inc         ***        284  
   Helmerich + Payne         ***        163  
   Henry Schein Inc         ***        255  
   Hershey Co/The         ***        372  
   Hess Corp         ***        298  
   Hewlett Packard Enterprise         ***        532  
   Hilton Worldwide Holdings In         ***        375  
   Hologic Inc         ***        274  
   Home Depot Inc         ***        5,144  
   Honeywell International Inc         ***        2,715  
   Hormel Foods Corp         ***        227  
   Host Hotels + Resorts Inc         ***        341  
   HP Inc         ***        816  
   Humana Inc         ***        824  
   Hunt (JB) Transprt Svcs Inc         ***        229  
   Huntington Bancshares Inc         ***        366  
   Idexx Laboratories Inc         ***        317  
   IHS Markit Ltd         ***        381  
   Illinois Tool Works         ***        1,196  
   Illumina Inc         ***        741  

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-22


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   Incyte Corp         ***        386  
   Ingersoll Rand Plc         ***        518  
   Intel Corp         ***        5,021  
   Intercontinental Exchange In         ***        959  
   International Paper Co         ***        556  
   Interpublic Group Of Cos Inc         ***        182  
   Intl Business Machines Corp         ***        3,070  
   Intl Flavors + Fragrances         ***        280  
   Intuit Inc         ***        891  
   Intuitive Surgical Inc         ***        950  
   Invesco Ltd         ***        346  
   Iqvia Holdings Inc         ***        331  
   Iron Mountain Inc         ***        247  
   Jacobs Engineering Group Inc         ***        185  
   JM Smucker Co/The         ***        328  
   Johnson + Johnson         ***        9,224  
   Johnson Controls Internation         ***        820  
   JPMorgan Chase + Co         ***        9,124  
   JPMorgan U.S. Government Money         ***        7,899  
   Juniper Networks Inc         ***        248  
   Kansas City Southern         ***        253  
   Kellogg Co         ***        393  
   Keycorp         ***        504  
   Kimberly Clark Corp         ***        987  
   Kimco Realty Corp         ***        180  
   Kinder Morgan Inc         ***        807  
   KLA Tencor Corp         ***        383  
   Kohls Corp         ***        212  
   Kraft Heinz Co/The         ***        1,079  
   Kroger Co         ***        568  
   L Brands Inc         ***        346  
   L3 Technologies Inc         ***        359  
   Laboratory Crp Of Amer Hldgs         ***        377  
   Lam Research Corp         ***        693  
   Leggett + Platt Inc         ***        146  
   Lennar Corp A         ***        301  
   Leucadia National Corp         ***        193  
   Lincoln National Corp         ***        391  
   LKQ Corp         ***        292  
   Lockheed Martin Corp         ***        1,861  
   Loews Corp         ***        321  
   Lowe S Cos Inc         ***        1,799  

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-23


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   Lyondellbasell Indu Cl A         ***        829  
   M + T Bank Corp         ***        598  
   Macerich Co/The         ***        166  
   Macy S Inc         ***        178  
   Marathon Oil Corp         ***        334  
   Marathon Petroleum Corp         ***        749  
   Marriott International Cl A         ***        966  
   Marsh + Mclennan Cos         ***        965  
   Martin Marietta Materials         ***        323  
   Masco Corp         ***        321  
   Mastercard Inc A         ***        3,267  
   Mattel Inc         ***        123  
   McCormick + Co Non Vtg Shrs         ***        284  
   McDonald S Corp         ***        3,189  
   McKesson Corp         ***        756  
   Medtronic Plc         ***        2,540  
   Merck + Co. Inc.         ***        3,577  
   Metlife Inc         ***        1,236  
   Mettler Toledo International         ***        369  
   MGM Resorts International         ***        395  
   Michael Kors Holdings Ltd         ***        223  
   Microchip Technology Inc         ***        478  
   Micron Technology Inc         ***        1,102  
   Microsoft Corp         ***        15,963  
   Mid America Apartment Comm         ***        266  
   Mohawk Industries Inc         ***        405  
   Molson Coors Brewing Co B         ***        352  
   Mondelez International Inc A         ***        1,487  
   Monsanto Co         ***        1,192  
   Monster Beverage Corp         ***        606  
   Moody S Corp         ***        570  
   Morgan Stanley         ***        1,698  
   Mosaic Co/The         ***        209  
   Motorola Solutions Inc         ***        341  
   Mylan Nv         ***        527  
   Nasdaq Inc         ***        208  
   National Oilwell Varco Inc         ***        318  
   Navient Corp         ***        81  
   Netapp Inc         ***        347  
   Netflix Inc         ***        1,931  
   Newell Brands Inc         ***        352  
   Newfield Exploration Co         ***        146  

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-24


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   Newmont Mining Corp         ***        465  
   News Corp Class A         ***        144  
   News Corp Class B         ***        47  
   Nextera Energy Inc         ***        1,708  
   Nielsen Holdings Plc         ***        283  
   Nike Inc Cl B         ***        1,910  
   Nisource Inc         ***        201  
   Noble Energy Inc         ***        330  
   Nordstrom Inc         ***        128  
   Norfolk Southern Corp         ***        964  
   Northern Trust Corp         ***        499  
   Northrop Grumman Corp         ***        1,242  
   Norwegian Cruise Line Holdin         ***        221  
   NRG Energy Inc         ***        199  
   Nucor Corp         ***        470  
   Nvidia Corp         ***        2,725  
   O Reilly Automotive Inc         ***        475  
   Occidental Petroleum Corp         ***        1,310  
   Omnicom Group         ***        390  
   Oneok Inc         ***        476  
   Oracle Corp         ***        3,348  
   P G + E Corp         ***        534  
   Paccar Inc         ***        581  
   Packaging Corp Of America         ***        264  
   Parker Hannifin Corp         ***        618  
   Patterson Cos Inc         ***        69  
   Paychex Inc         ***        506  
   Paypal Holdings Inc         ***        1,933  
   Pentair Plc         ***        271  
   People S United Financial         ***        151  
   Pepsico Inc         ***        3,964  
   Perkinelmer Inc         ***        187  
   Perrigo Co Plc         ***        265  
   Pfizer Inc         ***        5,018  
   Philip Morris International         ***        3,814  
   Phillips 66         ***        1,010  
   Pinnacle West Capital         ***        221  
   Pioneer Natural Resources Co         ***        684  
   PNC Financial Services Group         ***        1,596  
   PPG Industries Inc         ***        691  
   PPL Corp         ***        491  
   Praxair Inc         ***        1,029  

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-25


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   Priceline Group Inc/The         ***        1,969  
   Principal Financial Group         ***        440  
   Procter + Gamble Co/The         ***        5,441  
   Progressive Corp         ***        761  
   Prologis Inc         ***        798  
   Prudential Financial Inc         ***        1,133  
   Public Service Enterprise Gp         ***        606  
   Public Storage         ***        727  
   Pultegroup Inc         ***        209  
   PVH Corp         ***        247  
   Qorvo Inc         ***        197  
   Qualcomm Inc         ***        2,193  
   Quanta Services Inc         ***        141  
   Quest Diagnostics Inc         ***        312  
   Ralph Lauren Corp         ***        133  
   Range Resources Corp         ***        89  
   Raymond James Financial Inc         ***        267  
   Raytheon Company         ***        1,262  
   Realty Income Corp         ***        373  
   Red Hat Inc         ***        494  
   Regency Centers Corp         ***        238  
   Regeneron Pharmaceuticals         ***        673  
   Regions Financial Corp         ***        466  
   Republic Services Inc         ***        357  
   Resmed Inc         ***        279  
   Robert Half Intl Inc         ***        162  
   Rockwell Automation Inc         ***        586  
   Rockwell Collins Inc         ***        513  
   Roper Technologies Inc         ***        616  
   Ross Stores Inc         ***        719  
   Royal Caribbean Cruises Ltd         ***        475  
   S+P Global Inc         ***        1,004  
   S+P500 Emini Fut Mar18         ***        —    
   Salesforce.Com Inc         ***        1,630  
   SBA Communications Corp         ***        446  
   Scana Corp         ***        132  
   Schlumberger Ltd         ***        2,170  
   Schwab (Charles) Corp         ***        1,424  
   Scripps Networks Inter Cl A         ***        191  
   Seagate Technology         ***        281  
   Sealed Air Corp         ***        207  
   Sempra Energy         ***        624  

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-26


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   Sherwin Williams Co/The         ***        784  
   Signet Jewelers Ltd         ***        80  
   Simon Property Group Inc         ***        1,241  
   Skyworks Solutions Inc         ***        405  
   Sl Green Realty Corp         ***        231  
   Smith (A.O.) Corp         ***        208  
   Snap On Inc         ***        231  
   Southern Co/The         ***        1,122  
   Southwest Airlines Co         ***        830  
   Stanley Black + Decker Inc         ***        605  
   Starbucks Corp         ***        1,899  
   State Street Corp         ***        841  
   Stericycle Inc         ***        135  
   Stryker Corp         ***        1,158  
   Suntrust Banks Inc         ***        715  
   Symantec Corp         ***        404  
   Synchrony Financial         ***        660  
   Synopsys Inc         ***        298  
   Sysco Corp         ***        677  
   T Rowe Price Group Inc         ***        591  
   Tapestry Inc         ***        292  
   Target Corp         ***        824  
   TE Connectivity Ltd         ***        777  
   Technipfmc Plc         ***        319  
   Texas Instruments Inc         ***        2,392  
   Textron Inc         ***        347  
   Thermo Fisher Scientific Inc         ***        1,769  
   Tiffany + Co         ***        247  
   Time Warner Inc         ***        1,655  
   TJX Companies Inc         ***        1,131  
   Torchmark Corp         ***        226  
   Total System Services Inc         ***        307  
   Tractor Supply Company         ***        218  
   Transdigm Group Inc         ***        308  
   Travelers Cos Inc/The         ***        863  
   Tripadvisor Inc         ***        86  
   Twenty First Century Fox B         ***        348  
   Twenty First Century Fox A         ***        846  
   Tyson Foods Inc Cl A         ***        561  
   UDR Inc         ***        240  
   Ulta Beauty Inc         ***        303  
   Under Armour Inc Class A         ***        62  

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-27


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   Under Armour Inc Class C         ***        57  
   Union Pacific Corp         ***        2,453  
   United Continental Holdings         ***        394  
   United Parcel Service Cl B         ***        1,903  
   United Rentals Inc         ***        338  
   United Technologies Corp         ***        2,202  
   Unitedhealth Group Inc         ***        4,965  
   Universal Health Services B         ***        231  
   Unum Group         ***        286  
   US Bancorp         ***        1,963  
   Valero Energy Corp         ***        935  
   Varian Medical Systems Inc         ***        237  
   Ventas Inc         ***        497  
   Verisign Inc         ***        226  
   Verisk Analytics Inc         ***        347  
   Verizon Communications Inc         ***        5,018  
   Vertex Pharmaceuticals Inc         ***        881  
   VF Corp         ***        564  
   Viacom Inc Class B         ***        253  
   Visa Inc Class A Shares         ***        4,805  
   Vornado Realty Trust         ***        313  
   Vulcan Materials Co         ***        395  
   Wal Mart Stores Inc         ***        3,359  
   Walgreens Boots Alliance Inc         ***        1,465  
   Walt Disney Co/The         ***        3,774  
   Waste Management Inc         ***        801  
   Waters Corp         ***        357  
   WEC Energy Group Inc         ***        487  
   Wells Fargo + Co         ***        6,249  
   Welltower Inc         ***        549  
   Western Digital Corp         ***        547  
   Western Union Co         ***        203  
   Westrock Co         ***        374  
   Weyerhaeuser Co         ***        619  
   Whirlpool Corp         ***        282  
   Williams Cos Inc         ***        586  
   Willis Towers Watson Plc         ***        462  
   WW Grainger Inc         ***        285  
   Wyndham Worldwide Corp         ***        273  
   Wynn Resorts Ltd         ***        314  
   Xcel Energy Inc         ***        568  
   Xerox Corp         ***        144  

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-28


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   Xilinx Inc         ***        393  
   XL Group Ltd         ***        209  
   Xylem Inc         ***        285  
   Yum Brands Inc         ***        639  
   Zimmer Biomet Holdings Inc         ***        568  
   Zions Bancorporation         ***        236  
   Zoetis Inc         ***        816  
           

 

 

 
      Subtotal The Hartford Index Fund      $ 539,536  
           

 

 

 
   Lee Munder Equity Securities         
   Aercap Holdings Nv         ***        2,506  
   Alexandria Real Estate Equit         ***        2,345  
   Allegheny Technologies Inc         ***        1,700  
   Allstate Corp         ***        2,384  
   American Campus Communities         ***        1,950  
   Ameriprise Financial Inc         ***        2,460  
   Amerisourcebergen Corp         ***        1,000  
   Anadarko Petroleum Corp         ***        1,911  
   Aramark         ***        2,309  
   Bemis Company         ***        1,492  
   Berry Global Group Inc         ***        1,623  
   Blackstone Mortgage Tru Cl A         ***        2,042  
   Borgwarner Inc         ***        2,339  
   Brixmor Property Group Inc         ***        1,687  
   Carter S Inc         ***        1,206  
   Charles River Laboratories         ***        1,844  
   Cimarex Energy Co         ***        2,135  
   Clean Harbors Inc         ***        1,647  
   CSRA Inc         ***        2,085  
   Darling Ingredients Inc         ***        1,328  
   Dentsply Sirona Inc         ***        1,990  
   Diebold Nixdorf Inc         ***        835  
   Dollar General Corp         ***        1,467  
   Dollar Tree Inc         ***        1,603  
   Dover Corp         ***        2,395  
   DTE Energy Company         ***        2,247  
   E Trade Financial Corp         ***        1,978  
   Edison International         ***        1,628  
   Envision Healthcare Corp         ***        1,947  
   EQT Corp         ***        2,007  
   Equinix Inc         ***        1,673  
   Fidelity National Info Serv         ***        2,168  
   Fluor Corp         ***        1,277  

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-29


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

  

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
   FMC Corp         ***        1,757  
   Great Plains Energy Inc         ***        1,550  
   Gstif 25 Bps         ***        1,567  
   Hain Celestial Group Inc         ***        1,935  
   Hanover Insurance Group Inc/         ***        1,573  
   Host Hotels + Resorts Inc         ***        1,658  
   Ishares Russell Mid Cap Value         ***        3,677  
   Kar Auction Services Inc         ***        2,256  
   Kroger Co         ***        1,902  
   LKQ Corp         ***        3,225  
   M + T Bank Corp         ***        1,972  
   Macom Technology Solutions H         ***        2,389  
   Michaels Cos Inc/The         ***        970  
   Mid America Apartment Comm         ***        1,627  
   Newfield Exploration Co         ***        1,764  
   Noble Energy Inc         ***        1,980  
   Olin Corp         ***        1,374  
   Pacwest Bancorp         ***        1,402  
   Parker Hannifin Corp         ***        1,433  
   Patterson Cos Inc         ***        1,667  
   Pinnacle West Capital         ***        2,321  
   PPG Industries Inc         ***        1,823  
   PPL Corp         ***        1,243  
   PTC Inc         ***        1,888  
   Qorvo Inc         ***        1,741  
   Regal Beloit Corp         ***        2,044  
   Reinsurance Group Of America         ***        2,269  
   Signature Bank         ***        2,071  
   SLM Corp         ***        675  
   Snap On Inc         ***        2,178  
   Sonoco Products Co         ***        1,270  
   Stericycle Inc         ***        1,550  
   SVB Financial Group         ***        2,416  
   Synopsys Inc         ***        2,249  
   TCF Financial Corp         ***        1,615  
   Treehouse Foods Inc         ***        995  
   Tyson Foods Inc Cl A         ***        1,059  
   United States Steel Corp         ***        1,139  
   Unum Group         ***        2,100  
   Valvoline Inc         ***        1,997  
   Westar Energy Inc         ***        1,433  
           

 

 

 
      Subtotal Lee Munder Equity Securities      $ 134,962  
           

 

 

 

 

* Indicates party-in-interest.
** These synthetic portfolios have no final maturity date. Final maturity is based on the underlying assets in the bond portfolios.
*** Cost information is not required for Member directed investments, and therefore is not included.

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-30


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

 

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
 

Loan Fund

           
 

Notes receivable from Members

   Notes receivable from Members, maturing in 2018 through 2032 bearing interest at rates from 4.25% - 9.25%      N/A        64,137  
             

 

 

 
       

Subtotal Loan Fund

 

   $ 64,137  
             

 

 

 
 

Master Expense Account

           
 

Gstif 25 Bps Gstif 25 Bps

           ***        7  
             

 

 

 
        Subtotal Master Expense Account      $ 7  
             

 

 

 
 

Mutual Funds

           
 

Dodge & Cox

           ***        138,137  

*

 

Hartford HLS Divident & Growth Fd Cl Ia

           ***        283,174  

*

 

Hartford HLS Mut Fds Bond HLS Fd Cl Ia

           ***        117,186  

*

 

Hartford HLS Mut Fds Intl Opportunities HLS Fd Cl I

           ***        137,255  

*

 

Hartford HLS Mut Fds Midcap HLS Fd Cl Ia

           ***        134,746  
 

QM Small Cap Growth Fund

           ***        90,454  
 

Vanguard Federal Money Market

           ***        69,723  
             

 

 

 
        Subtotal Mutual Funds      $ 970,675  
             

 

 

 
 

Separate Account GIC

           
 

New York Life

           ***        96,025  
             

 

 

 
        Subtotal Separate Account GIC      $ 96,025  
             

 

 

 
 

Shared Holdings (aa) - HIMCO Bond Fund

           
 

21St Century Fox America

   4.500%    02/15/21      650        687  
 

Abbvie Inc

   2.850%    05/14/23      825        823  
 

AEP Texas Inc

   2.400%    10/01/22      750        739  
 

American Express Co

   3.000%    10/30/24      750        749  
 

American Express Credit

   3.300%    05/03/27      500        507  
 

American Intl Group

   3.750%    07/10/25      1,000        1,031  
 

Anheuser Busch Inbev Fin

   2.650%    02/01/21      1,000        1,005  
 

Apple Inc

   2.400%    05/03/23      685        678  
 

AT+T Inc

   3.400%    05/15/25      1,500        1,475  
 

AT+T Inc

   3.950%    01/15/25      225        230  
 

Aventura Mall Trust

   3.743%    12/05/32      400        412  
 

Bank Of America Corp

   3.875%    08/01/25      500        527  
 

Bank Of America Corp

   3.300%    01/11/23      1,210        1,238  
 

Bank Of New York Mellon

   3.250%    09/11/24      885        904  
 

Bat Capital Corp

   3.222%    08/15/24      500        500  
 

Bayer Us Finance Llc

   3.375%    10/08/24      820        834  
 

BB+T Corporation

   2.450%    01/15/20      600        602  
 

Berkshire Hathaway Inc

   2.200%    03/15/21      500        498  

 

* 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 Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR.
(bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-31


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

 

(b) Identity of issue, borrower, lessor, or similar party

   (c) Description of investment including maturity date,
rate of interest, collateral, par or maturity value
     (d) Cost      (e) Current
Value
 
  Berkshire Hathaway Inc      1.550     02/09/18        630        630  
 

BP Capital Markets Plc

     3.814     02/10/24        655        689  
 

Branch Banking + Trust

     2.850     04/01/21        510        517  
 

British Columbia Prov Of

     2.650     09/22/21        330        333  
 

Burlingtn No Sf 05 3 Tr

     4.830     01/15/23        247        257  
 

Burlingtn North Santa Fe

     3.400     09/01/24        480        497  
 

California St

     2.367     04/01/22        1,000        997  
 

Canadian Pacific Rr Co

     7.250     05/15/19        250        266  
 

Capital One Financial Co

     3.750     03/09/27        1,000        1,011  
 

Capital One Na

     2.350     08/17/18        320        320  
 

Caterpillar Financial Se

     2.750     08/20/21        335        339  
 

Centerpoint Energy Transition

     2.161     10/15/21        158        158  
 

Chase Issuance Trust

     1.580     08/16/21        467        463  
 

Chevron Corp

     2.355     12/05/22        640        635  
 

Chevron Corp

     2.427     06/24/20        280        281  
 

Chubb Ina Holdings Inc

     2.700     03/13/23        725        720  
 

Cigna Corp

     4.500     03/15/21        300        315  
 

Cigna Corp

     4.000     02/15/22        290        303  
 

Cisco Systems Inc

     2.200     02/28/21        1,053        1,050  
 

Citibank Credit Card Issuance

     5.350     02/07/20        500        502  
 

Citigroup Inc

     2.700     03/30/21        1,000        1,003  
 

Citigroup Inc

     3.875     10/25/23        500        522  
 

Comm Mortgage Trust

     3.762     02/10/49        1,000        1,050  
 

Comm Mortgage Trust

     3.012     05/10/47        575        581  
 

Comm Mortgage Trust

     1.873     04/12/35        69        67  
 

Commonwealth Edison Co

     2.950     08/15/27        1,000        989  
 

Cooperat Rabobank Ua/Ny

     2.250     01/14/19        355        355  
 

Credit Suisse New York

     1.700     04/27/18        1,000        999  
 

CSAIL Commercial Mortgage Trus

     3.808     11/15/48        1,000        1,045  
 

CVS Health Corp

     3.500     07/20/22        390        397  
 

CVS Health Corp

     2.125     06/01/21        500        488  
 

Dell Int Llc / Emc Corp

     5.450     06/15/23        1,015        1,097  
 

Delta Air Lines 2010 2A

     4.950     11/23/20        178        183  
 

Duke Energy Progress Llc

     2.800     05/15/22        240        242  
 

EMD Finance Llc

     2.950     03/19/22        840        844  
 

Eversource Energy

     2.750     03/15/22        500        501  
 

Eversource Energy

     2.900     10/01/24        500        496  

 

* 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 Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR.
(bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-32


Table of Contents

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, 2017

($ IN THOUSANDS)

 

 

(a)

 

(b) Identity of issue, borrower, lessor, or similar party

   (c) Description of investment including maturity date,
rate of interest, collateral, par or maturity value
     (d) Cost      (e) Current
Value
 
  Exxon Mobil Corporation      2.222     03/01/21        1,000        998  
 

Fanniemae Aces

     3.346     03/25/24        870        903  
 

Fed Hm Ln Pc Pool A11544

     5.500     06/01/33        8        9  
 

Fed Hm Ln Pc Pool A15942

     6.000     11/01/33        13        14  
 

Fed Hm Ln Pc Pool A26586

     6.000     09/01/34        10        11  
 

Fed Hm Ln Pc Pool A77952

     5.000     05/01/38        8        8  
 

Fed Hm Ln Pc Pool B19557

     5.500     07/01/20        62        64  
 

Fed Hm Ln Pc Pool C03506

     6.000     05/01/40        121        135  
 

Fed Hm Ln Pc Pool G01629

     6.000     10/01/33        12        14  
 

Fed Hm Ln Pc Pool G11657

     4.500     12/01/18        12        12  
 

Fed Hm Ln Pc Pool G11868

     5.500     07/01/20        20        20  
 

Fed Hm Ln Pc Pool G14174

     5.000     03/01/25        41        42  
 

Fed Hm Ln Pc Pool G60948

     3.000     01/01/47        2,432        2,435  
 

Fed Hm Ln Pc Pool J00617

     5.500     12/01/20        17        17  
 

Fed Hm Ln Pc Pool J00921

     5.000     12/01/20        4        4  
 

Fed Hm Ln Pc Pool J01060

     5.000     01/01/21        7        7  
 

Fed Hm Ln Pc Pool Q02688

     4.000     08/01/41        150        159  
 

Fed Hm Ln Pc Pool V82942

     3.000     02/01/47        2,149        2,152  
 

FHLMC Multifamily Structured P

     2.566     09/25/20        1,000        1,007  
 

Fico Strip Prin

     0.010     05/11/18        580        577  
 

Fifth Third Bank

     2.875     10/01/21        635        641  
 

FNMA Pool 357821

     6.000     05/01/35        177        200  
 

FNMA Pool 555417

     6.000     05/01/33        39        44  
 

FNMA Pool 555545

     5.000     06/01/18        2        2  
 

FNMA Pool 555591

     5.500     07/01/33        46        51  
 

FNMA Pool 712104

     5.000     05/01/18        —          —    
 

FNMA Pool 725704

     6.000     08/01/34        31        35  
 

FNMA Pool 730716

     6.000     08/01/33        26        29  
 

FNMA Pool 734059

     5.500     08/01/33        7        8  
 

FNMA Pool 745932

     6.500     11/01/36        63        71  
 

FNMA Pool 756154

     6.000     11/01/33        34        39  
 

FNMA Pool 792191

     5.500     09/01/34        37        41  
 

FNMA Pool 805176

     5.500     01/01/20        26        27  
 

FNMA Pool 888022

     5.000     02/01/36        100        109  
 

FNMA Pool 888341

     5.000     02/01/37        67        73  
 

FNMA Pool 890528

     5.500     06/01/39        97        107  
 

FNMA Pool 908560

     5.500     01/01/22        5        5  

 

* 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 Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR.
(bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-33


Table of Contents

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, 2017

($ IN THOUSANDS)

 

 

(a)

 

(b) Identity of issue, borrower, lessor, or similar party

   (c) Description of investment including maturity date,
rate of interest, collateral, par or maturity value
     (d) Cost      (e) Current
Value
 
  FNMA Pool 944026      6.500     08/01/37        168        186  
 

FNMA Pool Aa4266

     4.500     05/01/24        19        20  
 

FNMA Pool Ab0536

     6.000     02/01/37        64        72  
 

FNMA Pool Aj5733

     3.500     12/01/41        1,753        1,816  
 

FNMA Pool Al0194

     4.000     01/01/41        925        983  
 

FNMA Pool Ao1736

     4.000     05/01/42        1,916        2,012  
 

FNMA Pool Ap0632

     2.500     07/01/27        480        482  
 

FNMA Pool Ar9436

     4.000     08/01/43        16        17  
 

FNMA Pool As0038

     3.000     07/01/43        2,485        2,498  
 

FNMA Pool Av2357

     4.000     01/01/44        1,467        1,555  
 

FNMA Pool Aw1007

     4.000     05/01/44        1,322        1,396  
 

FNMA Pool Aw5067

     4.500     07/01/44        2,831        3,049  
 

FNMA Pool Ay5415

     4.000     03/01/45        2,269        2,408  
 

FNMA Pool Ay9029

     4.000     05/01/45        1,622        1,722  
 

FNMA Pool Bc1212

     3.000     07/01/46        5,182        5,194  
 

FNMA Pool Bc4750

     4.000     10/01/46        755        789  
 

FNMA Pool Bc6121

     4.000     06/01/46        691        723  
 

FNMA Pool Bc9364

     3.500     06/01/46        3,877        3,983  
 

FNMA Pool Ma1543

     3.500     08/01/33        1,358        1,413  
 

FNMA Pool Ma2354

     3.500     08/01/35        2,607        2,713  
 

Ford Credit Auto Owner Trust/F

     2.260     11/15/25        360        361  
 

Ford Motor Company

     4.346     12/08/26        1,000        1,043  
 

Ford Motor Credit Co Llc

     4.250     09/20/22        525        551  
 

GE Capital Intl Funding

     2.342     11/15/20        750        747  
 

GE Commercial Mortgage Corpora

     0.000     03/10/44        17,866        —    
 

General Electric Co

     2.700     10/09/22        875        874  
 

General Electric Co

     3.100     01/09/23        459        466  
 

Gilead Sciences Inc

     3.250     09/01/22        950        978  
 

Glaxosmithkline Cap Inc

     2.800     03/18/23        470        474  
 

Glencore Finance Canada

     4.250     10/25/22        550        576  
 

GNMA Ii Pool 003624

     5.500     10/20/34        42        47  
 

GNMA Ii Pool 004599

     5.000     12/20/39        152        166  
 

GNMA Ii Pool Ma2754

     3.500     04/20/45        1,475        1,527  
 

GNMA Ii Pool Ma2892

     3.500     06/20/45        633        655  
 

GNMA Pool 271940

     5.500     08/15/18        9        9  
 

GNMA Pool 434787

     8.000     05/15/30        10        11  
 

GNMA Pool 485856

     6.500     10/15/31        17        19  

 

* 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 Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR.
(bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-34


Table of Contents

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, 2017

($ IN THOUSANDS)

 

 

(a)

 

(b) Identity of issue, borrower, lessor, or similar party

   (c) Description of investment including maturity date,
rate of interest, collateral, par or maturity value
     (d) Cost      (e) Current
Value
 
  GNMA Pool 510403      5.000     01/15/35        14        15  
 

GNMA Pool 510844

     8.000     12/15/29        1        1  
 

GNMA Pool 533946

     6.500     04/15/32        5        6  
 

GNMA Pool 550887

     5.000     08/15/35        19        21  
 

GNMA Pool 551077

     6.500     11/15/31        7        8  
 

GNMA Pool 551120

     6.500     08/15/31        29        33  
 

GNMA Pool 552571

     6.500     05/15/32        12        13  
 

GNMA Pool 569327

     6.500     04/15/32        105        120  
 

GNMA Pool 580880

     6.500     11/15/31        20        22  
 

GNMA Pool 622278

     5.000     04/15/35        13        14  
 

GNMA Pool 631242

     5.500     06/15/35        72        81  
 

GNMA Pool 641601

     5.000     03/15/35        26        28  
 

GNMA Pool 646865

     5.000     08/15/35        14        15  
 

GNMA Pool 726316

     5.000     09/15/39        171        187  
 

GNMA Pool 728974

     5.000     12/15/39        219        235  
 

GNMA Pool 737651

     5.000     11/15/40        66        72  
 

Goldman Sachs Group Inc

     2.350     11/15/21        815        803  
 

Goldman Sachs Group Inc

     2.875     02/25/21        500        504  
 

Goldman Sachs Group Inc

     4.000     03/03/24        560        588  
 

Government National Mortgage A

     2.300     07/16/57        950        917  
 

Government National Mortgage A

     2.500     09/16/56        1,180        1,141  
 

Government National Mortgage A

     5.000     08/20/39        63        67  
 

Government National Mortgage A

     3.500     07/20/23        288        297  
 

Gstif 25 Bps

     1.045     12/31/50        14,362        14,362  
 

Home Depot Inc

     2.000     04/01/21        578        572  
 

Howard Hughes Medical In

     3.500     09/01/23        345        361  
 

Hp Enterprise Co

     4.400     10/15/22        465        489  
 

Hsbc Holdings Plc

     3.600     05/25/23        500        514  
 

Hsbc Usa Inc

     2.350     03/05/20        500        500  
 

Hsbc Usa Inc

     1.700     03/05/18        660        660  
 

Johnson + Johnson

     1.650     03/01/21        1,000        978  
 

Johnson + Johnson

     2.625     01/15/25        500        497  
 

JPMBB Commercial Mortgage Secu

     3.801     08/15/48        1,000        1,048  
 

JPMBB Commercial Mortgage Secu

     3.046     04/15/47        478        483  
 

JPMorgan Chase + Co

     2.700     05/18/23        250        248  
 

JPMorgan Chase + Co

     2.295     08/15/21        820        813  
 

JPMorgan Chase + Co

     3.250     09/23/22        750        768  

 

* 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 Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR.
(bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-35


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

 

(b) Identity of issue, borrower, lessor, or similar party

   (c) Description of investment including maturity date,
rate of interest, collateral, par or maturity value
     (d) Cost      (e) Current
Value
 
 

Kaiser Foundation Hospit

     3.500     04/01/22        431        444  
 

Kansas Gas + Electric Co

     6.700     06/15/19        147        156  
 

Key Bank Na

     1.650     02/01/18        330        330  
 

Keycorp

     2.900     09/15/20        750        757  
 

KLA Tencor Corp

     4.650     11/01/24        700        759  
 

Ladder Capital Commercial Mort

     3.388     05/15/31        580        592  
 

Lloyds Bank Plc

     5.800     01/13/20        490        522  
 

Lloyds Banking Group Plc

     3.750     01/11/27        500        508  
 

McDonald S Corp

     3.700     01/30/26        393        410  
 

McKesson Corp

     2.700     12/15/22        145        144  
 

McKesson Corp

     3.796     03/15/24        795        823  
 

Medtronic Inc

     3.150     03/15/22        565        579  
 

Mellon Funding Corp

     5.500     11/15/18        460        473  
 

Microsoft Corp

     3.300     02/06/27        1,000        1,032  
 

Mitsubishi Ufj Fin Grp

     2.950     03/01/21        415        419  
 

Mitsubishi Ufj Fin Grp

     3.287     07/25/27        500        498  
 

Morgan Stanley

     3.875     01/27/26        1,250        1,303  
 

Morgan Stanley

     5.625     09/23/19        250        263  
 

Morgan Stanley Baml Trust

     2.916     02/15/47        413        416  
 

Nationwide Financial Ser

     5.375     03/25/21        329        354  
 

NBCUniversal Media Llc

     4.375     04/01/21        409        433  
 

Niagara Mohawk Power

     3.508     10/01/24        735        761  
 

Nisource Inc

     3.490     05/15/27        500        509  
 

Nordea Bank Ab

     2.500     09/17/20        830        831  
 

Nordea Bank Ab

     4.875     05/13/21        500        530  
 

Omnicom Group Inc

     3.650     11/01/24        250        257  
 

Oracle Corp

     3.400     07/08/24        875        907  
 

Penske Truck Leasing/Ptl

     4.200     04/01/27        250        260  
 

Pernod Ricard Sa

     4.250     07/15/22        335        355  
 

PNC Bank Na

     3.800     07/25/23        520        543  
 

PNC Bank Na

     2.200     01/28/19        635        635  
 

Province Of Quebec

     2.750     08/25/21        390        394  
 

Qualcomm Inc

     2.900     05/20/24        1,000        976  
 

S+P Global Inc

     2.500     08/15/18        650        652  
 

Shell International Fin

     2.250     01/06/23        950        933  
 

Small Business Administration

     2.770     05/01/35        495        499  
 

Small Business Administration

     2.880     07/01/35        924        933  

 

* 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 Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR.
(bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-36


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

 

(b) Identity of issue, borrower, lessor, or similar party

   (c) Description of investment including maturity date,
rate of interest, collateral, par or maturity value
     (d) Cost      (e) Current
Value
 
 

Small Business Administration

     2.820     08/01/35        618        624  
 

Small Business Administration

     2.820     09/01/35        617        623  
 

Small Business Administration

     2.700     11/01/35        825        830  
 

Small Business Administration

     2.870     07/01/34        501        502  
 

Small Business Administration

     2.720     03/01/35        347        349  
 

Small Business Administration

     2.440     07/01/20        207        207  
 

Small Business Administration

     2.270     02/01/36        909        885  
 

Small Business Administration

     2.860     03/01/20        124        125  
 

Small Business Administration

     2.870     05/01/20        150        151  
 

Small Business Administration

     1.970     09/01/20        219        218  
 

Small Business Administration

     2.210     02/01/33        507        497  
 

Small Business Administration

     3.110     04/01/34        743        759  
 

Small Business Administration

     2.880     08/01/34        445        447  
 

State Street Corp

     3.300     12/16/24        575        594  
 

Sumitomo Mitsui Finl Grp

     2.632     07/14/26        500        476  
 

Suntrust Banks Inc

     2.900     03/03/21        250        253  
 

Svenska Handelsbanken Ab

     2.450     03/30/21        500        499  
 

Svenska Handelsbanken Ab

     2.250     06/17/19        630        630  
 

Synchrony Bank

     3.000     06/15/22        1,000        996  
 

Time Warner Cable Llc

     8.250     04/01/19        283        302  
 

Time Warner Inc

     4.000     01/15/22        70        73  
 

Time Warner Inc

     3.550     06/01/24        400        404  
 

Toyota Motor Credit Corp

     3.200     01/11/27        694        707  
 

Toyota Motor Credit Corp

     2.900     04/17/24        500        505  
 

UBS AG Stamford Ct

     2.375     08/14/19        1,115        1,116  
 

United Technologies Corp

     3.125     05/04/27        1,000        1,001  
 

Unitedhealth Group Inc

     3.375     04/15/27        555        570  
 

Unitedhealth Group Inc

     2.125     03/15/21        500        496  
 

Univ Of California Ca Revenues

     3.063     07/01/25        500        505  
 

US Bancorp

     3.150     04/27/27        1,000        1,002  
 

US Treasury N/B

     1.625     12/31/19        5,250        5,223  
 

US Treasury N/B

     1.375     10/31/20        5,000        4,919  
 

US Treasury N/B

     1.625     02/15/26        4,574        4,320  
 

US Treasury N/B

     1.625     04/30/23        3,000        2,908  
 

US Treasury N/B

     1.625     05/15/26        2,500        2,355  
 

US Treasury N/B

     1.125     07/31/21        4,000        3,868  
 

US Treasury N/B

     1.500     08/31/18        4,580        4,574  

 

* 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 Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR.
(bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-37


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

 

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
 

US Treasury N/B

   1.750%    10/31/18      1,392        1,392  
 

US Treasury N/B

   1.000%    08/31/19      6,750        6,655  
 

US Treasury N/B

   1.500%    07/15/20      7,000        6,925  
 

US Treasury N/B

   1.875%    07/31/22      5,000        4,932  
 

US Treasury N/B

   0.875%    01/31/18      10,238        10,235  
 

Valero Energy Corp

   9.375%    03/15/19      114        123  
 

Verizon Communications

   2.946%    03/15/22      1,057        1,063  
 

Verizon Communications

   2.450%    11/01/22      750        735  
 

Virginia Elec + Power Co

   3.500%    03/15/27      500        517  
 

Walmart Inc

   3.300%    04/22/24      380        395  
 

Walt Disney Company/The

   2.350%    12/01/22      650        646  
 

Wells Fargo + Company

   2.500%    03/04/21      1,000        1,000  
 

Wells Fargo + Company

   3.300%    09/09/24      1,030        1,046  
 

Welltower Inc

   4.950%    01/15/21      296        315  
 

Westlake Chemical Corp

   3.600%    07/15/22      576        587  
 

WF RBS Commercial Mortgage Tru

   2.862%    03/15/47      637        641  
 

Xcel Energy Inc

   3.350%    12/01/26      1,000        1,012  
 

Yara International Asa

   7.875%    06/11/19      285        306  
             

 

 

 
 

Subtotal Shared Holdings(aa) - HIMCO Bond Fund

 

   $ 217,895  
             

 

 

 
 

Shared Holdings (bb) - BNY Mellon Bond Fund

        
             
 

BlackRock

   BlackRock 1-3 Year Government Bond Index Fund      ***        27,933  
 

BlackRock

   BlackRock 1-3 Year Credit Bond Index Fund      ***        36,727  
 

BlackRock

   BlackRock Asset-Backed Securities Index Fund      ***        25,820  
 

BlackRock

   BlackRock Commercial Mortgage-Backed Securities Index      ***        5,028  
 

BlackRock

   BlackRock Intermediate Term Credit Bond Index Fund      ***        14,286  
 

BlackRock

   BlackRock Mortgage-Backed Securities Index Fund      ***        32,994  
 

AEP Texas Central Transition F

   1.976%    06/01/21      ***        2,127  
 

American Express Credit Accoun

   1.640%    12/15/21      ***        2,537  
 

Appalachian Consumer Rate Reli

   2.008%    02/01/24      ***        1,694  
 

CarMax Auto Owner Trust

   1.520%    02/16/21      ***        1,693  
 

CarMax Auto Owner Trust

   1.400%    08/15/21      ***        2,970  
 

Citibank Credit Card Issuance

   1.740%    01/19/21      ***        3,392  
 

Citigroup Commercial Mortgage

   1.613%    02/10/49      ***        1,907  
 

CNH Equipment Trust

   1.440%    12/15/21      ***        1,287  
 

CNH Equipment Trust

   2.080%    02/15/23      ***        1,543  
 

Comm Mortgage Trust

   3.147%    02/10/47      ***        3,126  
 

CSAIL Commercial Mortgage Trus

   2.970%    04/15/50      ***        2,713  

 

* 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 Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR.
(bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-38


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

 

(b) Identity of issue, borrower, lessor, or similar party

   (c) Description of investment including maturity date,
rate of interest, collateral, par or maturity value
     (d) Cost     (e) Current
Value
 
 

Duke Energy Fl Proj Fin

     1.731     09/01/24        * **      1,713  
 

Fannie Mae

     2.000     06/25/30        * **      2,110  
 

Fannie Mae

     4.500     11/25/26        * **      2,188  
 

Fannie Mae

     4.000     03/25/25        * **      485  
 

Fannie Mae

     2.000     03/25/25        * **      38  
 

Fannie Mae

     4.500     03/25/26        * **      1,021  
 

Fannie Mae

     2.250     03/25/39        * **      1,047  
 

Fannie Mae

     2.000     05/25/25        * **      369  
 

Fannie Mae

     3.000     08/25/38        * **      1,379  
 

Fannie Mae

     2.000     08/25/26        * **      96  
 

FNMA Pool Ma1341

     2.500     02/01/23        * **      645  
 

Freddie Mac

     4.000     08/15/25        * **      3,014  
 

Freddie Mac

     2.000     02/15/40        * **      375  
 

Freddie Mac

     2.500     08/15/25        * **      304  
 

Freddie Mac

     3.000     06/15/39        * **      694  
 

Freddie Mac

     2.000     01/15/39        * **      2,407  
 

Freddie Mac

     3.000     07/15/39        * **      367  
 

Freddie Mac

     2.000     11/15/21        * **      1,011  
 

Freddie Mac

     3.000     02/15/32        * **      1,082  
 

Government National Mortgage A

     2.000     09/16/51        * **      2,054  
 

Government National Mortgage A

     2.000     01/16/46        * **      1,510  
 

Government National Mortgage A

     4.000     08/20/27        * **      2,560  
 

Government National Mortgage A

     3.000     06/20/39        * **      2,123  
 

Government National Mortgage A

     1.000     12/16/36        * **      543  
 

Government National Mortgage A

     2.000     03/20/42        * **      1,266  
 

Government National Mortgage A

     3.000     12/20/34        * **      771  
 

Government National Mortgage A

     3.500     09/20/38        * **      859  
 

Government National Mortgage A

     3.000     03/20/39        * **      452  
 

Gstif 25 Bps

     1.045     12/31/50        * **      2,778  
 

Int Govt Bond Index

          * **      2,120  
 

John Deere Owner Trust

     1.320     06/17/19        * **      602  
 

Mercedes Benz Auto Receivables

     1.260     02/16/21        * **      1,788  
 

Morgan Stanley Baml Trust

     2.916     02/15/47        * **      904  
 

Morgan Stanley Baml Trust

     2.979     04/15/47        * **      2,315  
 

Prudential

          * **      173,230  
 

UBS Commercial Mortgage Trust

     3.400     05/10/45        * **      3,293  
 

US Dollar

          * **      (1

 

* 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 Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR.
(bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433

See accompanying Report of Independent Registered Public Accounting Firm.

 

F-39


Table of Contents

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, 2017

($ IN THOUSANDS)

 

(a)

 

(b) Identity of issue, borrower, lessor, or similar party

  

(c) Description of investment including maturity date,

rate of interest, collateral, par or maturity value

   (d) Cost      (e) Current
Value
 
 

US Treasury N/B

   0.750%    07/15/19      ***        5,611  
 

US Treasury N/B

   0.875%    09/15/19      ***        2,953  
             

 

 

 
     Subtotal Shared Holdings (bb) - BNY Mellon Bond Fund      $ 395,853  
             

 

 

 
 

State Street Cash Fund STIF

           
             
 

Gstif 25 Bps Gstif 25 Bps

           ***        23,580  
             

 

 

 
     Subtotal State Street Cash Fund STIF      $ 23,580  
             

 

 

 
 

The Hartford Stock Fund

           
             
 

State Street Cash Fund - STIF

           ***        591  
 

The Hartford Stock Fund, Common stock

           ***        235,850  
             

 

 

 
     Subtotal The Hartford Stock Fund      $ 236,441  
             

 

 

 
 

Wrapper Contracts

           
             
 

Transamerica Premier Life

           ***        72  
 

American General Life Ins Co

           ***        (26
 

American General Life Ins Co

           ***        (13
 

RGA

           ***        (13
 

Prudential

           ***        (69
             

 

 

 
     Subtotal Wrapper Contracts      $ (50
             

 

 

 
     GRAND TOTAL      $ 4,415,118  
             

 

 

 

 

* 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 Guaranteed Investment Contracts under the HIMCO Bond fund: Transamerica Premier Life #MDA01097TR.
(bb) Shared holdings are other underlying securities making up the total value of the four Guaranteed Investment Contracts under the Bank of New York Mellon (“BNY”) Bond fund: American General Life #1646368, American General Life #1635582, RGA #RGA00058 and Prudential #GA62433
  See accompanying Report of Independent Registered Public Accounting Firm.

 

F-40


Table of Contents

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on behalf of The Hartford Investment and Savings Plan by the undersigned thereunto duly authorized.

THE HARTFORD INVESTMENT AND SAVINGS PLAN

BY: /s/ Erin Ridge

Erin Ridge

Plan Administrator

June 28, 2018

 

F-41

EX-23.1 2 d562393dex231.htm EX-23.1 EX-23.1

Exhibit 23.1

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We consent to the incorporation by reference in Registration Statement Nos. 333-105706, 333-34092 and 333-157372 on Form S-8 of The Hartford Financial Service Group, Inc. of our report dated June 28, 2018, relating to the financial statements and supplemental schedule of the Hartford Investment and Savings Plan, appearing in this Annual Report on Form 11-K of the Hartford Investment and Savings Plan for the year ended December 31, 2017.

/s/ DELOITTE & TOUCHE LLP

Hartford, Connecticut

June 28, 2018