Document


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 11-K
(Mark One)
 
ý
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
Commission file number 001-37702
THE RETIREMENT AND SAVINGS PLAN FOR
AMGEN MANUFACTURING, LIMITED
State Road 31, Kilometer 24.6, Juncos, Puerto Rico 00777
(Full title and address of the plan)
AMGEN INC.
(Name of issuer of the securities held)
 
 
 
 
One Amgen Center Drive,
 
91320-1799
Thousand Oaks, California
 
(Zip Code)
(Address of principal executive offices)
 
 






The Retirement and Savings Plan for
Amgen Manufacturing, Limited


Audited Financial Statements
and Supplemental Schedule
Years Ended December 31, 2017 and 2016

Contents
 
 
 
 
 
Audited Financial Statements:
 
 
 
 
 
Supplemental Schedule:
 
 
 
 
 




Report of Independent Registered Public Accounting Firm


To the Plan Participants and the Plan Administrator of The Retirement and Savings Plan for Amgen Manufacturing, Limited
Opinion on the Financial Statements
We have audited the accompanying statements of net assets available for benefits of The Retirement and Savings Plan for Amgen Manufacturing, Limited (the Plan) as of December 31, 2017 and 2016, and the related statements of changes in net assets available for benefits for the years then ended, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan at December 31, 2017 and 2016, and the changes in its net assets available for benefits for the years then ended, in conformity with U.S. generally accepted accounting principles.
Basis for Opinion
These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on the Plan’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion.
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.
Supplemental Schedule
The accompanying 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 information in the supplemental schedule is the responsibility of the Plan’s management. Our audit procedures included determining whether the information 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 information, we evaluated whether such information, including its form and content, is presented in conformity 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, the information is fairly stated, in all material respects, in relation to the financial statements as a whole.

/s/ ERNST & YOUNG LLP
We have served as the Plan’s auditor since 1992.
Los Angeles, California
June 18, 2018

1


The Retirement and Savings Plan for Amgen Manufacturing, Limited
Statements of Net Assets Available for Benefits



 
 
December 31,
 
 
2017
 
2016
Assets
 
 
 
 
Investments at fair value
 
$
441,446,107

 
$
356,840,368

Notes receivable from participants
 
15,675,786

 
15,370,923

Other – principally due from broker
 
1,530,307

 
1,083,321

Total assets
 
458,652,200

 
373,294,612

Liabilities
 
 
 
 
Other – principally due to broker
 
278,567

 
232,476

Total liabilities
 
278,567

 
232,476

Net assets available for benefits
 
$
458,373,633

 
$
373,062,136

See accompanying notes.

2


The Retirement and Savings Plan for Amgen Manufacturing, Limited
Statements of Changes in Net Assets Available for Benefits



 
 
Years Ended December 31,
 
 
2017
 
2016
Additions to (deductions from) net assets:
 
 
 
 
Employer contributions
 
$
14,909,331

 
$
14,309,107

Participant contributions
 
13,505,368

 
12,882,679

Rollover contributions
 
887,746

 
657,271

Interest and dividend income
 
4,261,615

 
4,045,139

Net realized/unrealized gains
 
60,953,540

 
14,163,614

Interest income on notes receivable from participants
 
671,549

 
621,317

Benefits paid
 
(9,297,793
)
 
(10,928,488
)
Investment and administrative fees
 
(579,859
)
 
(486,082
)
Net increase
 
85,311,497

 
35,264,557

Net assets available for benefits at beginning of year
 
373,062,136

 
337,797,579

Net assets available for benefits at end of year
 
$
458,373,633

 
$
373,062,136

See accompanying notes.

3


The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements
December 31, 2017


1. Description of the Plan
The following description of The Retirement and Savings Plan for Amgen Manufacturing, Limited (the Plan) provides only general information. Participants should refer to the Plan document for a more complete description of the Plan’s provisions.
General
The Plan was established effective May 1, 1992, and was most recently amended and restated effective January 1, 2017, and subsequently amended, with the most recent amendment adopted on May 30, 2018. The Plan is a defined contribution plan covering substantially all Puerto Rico resident employees of Amgen Manufacturing, Limited (the Company), a wholly owned subsidiary of Amgen Inc. (Amgen). The Plan, as amended and restated, is intended to qualify under Section 1081.01 of the Puerto Rico Internal Revenue Code of 2011, as amended (the PR Code) (see Note 4, Income Tax Status) and section 407(d)(3)(A) of the Employee Retirement Income Security Act of 1974 (ERISA).
Contributions
Subject to certain limitations (as defined in the Plan), participants may elect to contribute up to 30% of their eligible compensation in pre-tax contributions and after-tax contributions or a combination of these types of contributions. A participant’s pre-tax contributions are subject to PR Code and Plan limitations and could not exceed $15,000 in 2017 and 2016. Participants may elect to contribute after-tax contributions beginning January 1 of the year following the year the participant was hired. Participant after-tax contributions are subject to PR Code and Plan limitations and could not exceed $1,500 in 2017 and 2016. Unless an employee has voluntarily enrolled in the Plan or has declined to participate in the Plan within the first 30 days of employment, all newly eligible participants are automatically enrolled in the Plan, and contributions equal to 5% of their eligible compensation are withheld and contributed to the Plan as pre-tax contributions; such contributions are automatically increased by 1% per year until their contributions reach 10% of their eligible compensation. Participants may elect to adjust, cease or resume their contributions at any time.
Participants who are at least age 50 by the close of the Plan year may also elect to make certain additional pre-tax contributions, referred to as catch-up contributions, that are subject to PR Code and Plan limitations and could not exceed $1,500 in 2017 and 2016. Participants may also contribute pre-tax and after-tax amounts representing distributions from certain other retirement plans qualified in Puerto Rico, referred to as rollover contributions (as defined in the Plan).
Each pay period, the Company makes a non-elective contribution for all eligible participants, whether or not they have elected to make contributions to the Plan, equal to 4% of each participant’s eligible compensation up to a maximum of $10,800 in 2017 and $10,600 in 2016 (Core Contributions). In addition, the Company makes a contribution equal to amounts contributed by the participant as pre-tax contributions, including catch-up contributions, of up to 5% of eligible compensation (Matching Contributions). Matching Contributions could not exceed $13,500 in 2017 and $13,250 in 2016.
Participants select the investments in which their contributions, including their Core Contributions and Matching Contributions (collectively, Company Contributions), are to be invested, electing among various alternatives, including Amgen common stock (Amgen stock). Participants may direct a maximum of 20% of contributions to be invested in Amgen stock. In addition, participants may transfer amounts among the investment options at any time, subject to certain limitations. Notwithstanding the foregoing, if 20% or more of the value of a participant’s Plan account is invested in Amgen stock, the Plan document provides that no transfers from other investment options can be made to invest in Amgen stock.
The accounts of participants who had never made an investment election are allocated to investments under a qualified default investment alternative, which is intended to be compliant with ERISA regulations. At any time, participants may elect to alter the investments in their accounts made under a qualified default investment alternative.
Vesting
Participants are immediately vested with respect to their contributions, Company Contributions, and earnings and losses (hereafter referred to as earnings) thereon.

4


The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)


Participant Accounts
Each participant’s account is credited with: (a) the participant’s contributions; (b) an allocation of Company Contributions; and (c) earnings. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s account.
Plan Investments
Participants can invest in any of 16 different asset classes as well as Amgen stock or may actively manage their account under a self-directed brokerage arrangement in which a wider array of investment options are available. The value of an investment in an asset class is determined by its underlying investment vehicles, which may include one or more of the following: mutual funds, collective trust funds and portfolios, which are separately managed exclusively for the benefit of Plan participants and their beneficiaries (separately managed portfolios). The separately managed portfolios are primarily composed of investments in publicly traded common and preferred stocks. The asset classes are designed to provide participants with choices among a variety of investment objectives.
Payments of Benefits
Subject to Plan limitations, upon termination of employment, including termination due to disability (as defined in the Plan) or retirement, a participant may elect to receive an amount equal to the entire value of his or her account balance in: (a) a single payment in cash; (b) a single distribution in full shares of Amgen stock (with any fractional shares paid in cash); (c) a single distribution paid in a combination of cash and full shares of Amgen stock; or (d) a rollover distribution to an eligible retirement plan. Participants may also elect to receive a partial distribution of his or her account balance no more than once per year.
If a participant dies before receiving the value of his or her account balance, the participant’s named beneficiary may elect to receive the distribution of remaining funds from among the alternatives described above, subject to certain Plan limitations.
Subsequent to termination of employment, participants may also elect to maintain their account balance in the Plan, provided that their account balance is greater than $1,000.
Certain restrictions apply to withdrawals from the Plan while a participant continues to be employed by the Company.
Notes Receivable from Participants
Subject to certain restrictions, a participant can have up to two loans outstanding at any one time from his or her Plan account with a combined maximum loan amount which may not exceed the lesser of: (a) 50% of the participant’s account balance or (b) $50,000 less certain adjustments, as applicable (as defined in the Plan). A participant’s loan is secured by his or her Plan account balance. Loans made prior to January 1, 2006, bear interest at fixed rates based on the average borrowing rates of certain major banks. Loans made on or after January 1, 2006, bear interest at fixed rates which, until changed by the Company, are based on the prime rate plus one percentage point as published in The Wall Street Journal, determined as of the last day of the calendar quarter preceding origination or such other rate as may be required by law. Loans are generally payable in installments over periods ranging from one to five years, unless the loan is used to acquire a principal residence for which the term of the loan may be up to 20 years. Principal and interest payments are allocated to the participant’s account.
Plan Termination
Although it has not expressed any intent to do so, the Company has the right under the Plan to terminate the Plan subject to the provisions of ERISA. Upon termination, participants would receive distributions of their account balances.
Trustee
Banco Popular de Puerto Rico is the Plan’s trustee. 
2. Summary of Significant Accounting Policies
Basis of Accounting
The accompanying financial statements are prepared on the accrual basis of accounting.

5


The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)


Fair Value Measurement
The investments of the Plan are reported at fair value. Fair value is generally defined as the price that would be received to sell an asset or paid to transfer a liability (the exit price) in an orderly transaction between market participants at the measurement date (see Note 3, Fair Value Measurements).
Investment Income and Losses
Dividend income is recognized on the ex-dividend date, and interest income is recorded on an accrual basis. Unrealized gains and losses on investments are measured by the change in the difference between the fair value and cost of the securities held at the beginning of the year (or date purchased if acquired during the Plan year) and the end of the year. Realized gains and losses from security transactions are recorded based on the weighted-average cost of securities sold.
Notes Receivable from Participants
Notes receivable from participants are carried at their unpaid balance plus accrued but unpaid interest, as applicable.
Due from/to Brokers
Purchases and sales of investments are recorded on a trade-date basis. Amounts due from and due to brokers arise from unsettled sale and purchase transactions as of December 31, 2017 and 2016.
Use of Estimates
The preparation of financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
3. Fair Value Measurements
The Plan uses various valuation approaches in determining the fair value of investments within a hierarchy that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the investment based on market data obtained from independent sources. Unobservable inputs are inputs that reflect assumptions about the inputs that market participants would use in pricing the investment and are developed based on the best information available in the circumstances. The fair value hierarchy is divided into three levels based on the source of inputs as follows:
Level 1 – Valuations based on unadjusted quoted prices in active markets for identical investments that the Plan has the ability to access;
Level 2 – Valuations for which all significant inputs are observable, either directly or indirectly, other than Level 1 inputs;
Level 3 – Valuations based on inputs that are unobservable and significant to the overall fair value measurement.
The availability of observable inputs can vary among the various types of investments. To the extent that the valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. In certain cases, the inputs used for measuring fair value may fall into different levels of the fair value hierarchy. In such cases, for financial statement disclosure purposes, the level in the fair value hierarchy within which the fair value measurement is categorized is based on the lowest level of input used that is significant to the overall fair value measurement.

6


The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)


The following fair value hierarchy table presents information about each major class/category of the Plan’s investments measured at fair value:
 
 
Fair value measurements at December 31, 2017, using
 
 
Quoted prices
in active
markets for
identical
assets
(Level 1)
 
Significant
other
observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
Total
Amgen stock
 
$
82,461,642

 
$
—

 
$
—

 
$
82,461,642

Cash and cash equivalents
 
320

 
—

 
—

 
320

Common and preferred stocks
 
81,566,175

 
79,015

 
—

 
81,645,190

Mutual funds
 
39,694,134

 
—

 
—

 
39,694,134

Self-directed brokerage accounts
 
2,416,707

 
—

 
—

 
2,416,707

Other
 
6,560

 
—

 
—

 
6,560

 
 
$
206,145,538

 
$
79,015

 
$
—

 
$
206,224,553

Collective trust funds measured at net asset value
 
 
 
 
 
 
 
235,221,554

Total investments measured at fair value
 
 
 
 
 
 
 
$
441,446,107

 
 
 
Fair value measurements at December 31, 2016, using
 
 
Quoted prices
in  active
markets  for
identical
assets
(Level 1)
 
Significant
other
observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
Total
Amgen stock
 
$
68,813,568

 
$
—

 
$
—

 
$
68,813,568

Cash and cash equivalents
 
821

 
—

 
—

 
821

Common and preferred stocks
 
68,352,683

 
563,592

 
—

 
68,916,275

Mutual funds
 
30,275,433

 
—

 
—

 
30,275,433

Self-directed brokerage accounts
 
1,263,948

 
—

 
—

 
1,263,948

 
 
$
168,706,453

 
$
563,592

 
$
—

 
$
169,270,045

Collective trust funds measured at net asset value
 
 
 
 
 
 
 
187,570,323

Total investments measured at fair value
 
 
 
 
 
 
 
$
356,840,368

The fair values of common stocks (including Amgen stock), preferred stocks and mutual funds are valued using quoted market prices in active markets with no valuation adjustment.
Collective trust funds represent interests in pooled investment vehicles designed typically for collective investment of employee benefit trusts. The fair values of these investments are determined by reference to the net asset value per unit provided by the fund managers as a practical expedient. The unit values are based on the fair values of the trusts’ underlying assets, which are principally equity and fixed income securities and short-term investments. The only redemption restriction with respect to these investments is on the Wells Fargo Stable Value Fund W (fair value of $29,165,484 as of December 31, 2017), which requires a one-year notice to be given in the event of complete liquidation.
4. Income Tax Status
The Plan received an opinion letter from the Puerto Rico Treasury Department (PRTD) dated February 26, 2018, with an effective date of January 1, 2017, stating that the Plan meets the requirements of Section 1081.01 of the PR Code and the regulations thereunder, and, therefore the related trust forming part of the Plan is exempt from taxation. Subsequent to this opinion by the

7


The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)


PRTD, the Plan was amended. Once qualified, the Plan is required to operate in conformity with the PR Code to maintain its qualification.
For taxable years 2017 and 2016, the Company believes the Plan satisfied, and operated in compliance with, the applicable requirements of the PR Code and therefore believes that the Plan, as amended, is qualified and the related trust is tax exempt. The Company has indicated that it currently intends to continue to take the necessary steps to maintain the Plan’s compliance with the applicable requirements of the PR Code.
5. Services Provided by the Company
During 2017 and 2016, the Company paid trustee fees and certain other administrative costs on behalf of the Plan.
6. Reconciliation of Financial Statements to Form 5500
The reconciliation of net assets available for benefits per the financial statements to the Form 5500 as of December 31, 2017 and 2016, consisted of the following:
 
 
December 31,
 
 
2017
 
2016
Net assets available for benefits per the financial statements
 
$
458,373,633

 
$
373,062,136

Deemed loans
 
(421,752
)
 
(332,044
)
Net assets per the Form 5500
 
$
457,951,881

 
$
372,730,092

For the year ended December 31, 2017, the following is a reconciliation of distributions per the financial statements to the Form 5500:
 
 
Year Ended
December 31,
2017
Benefits paid
 
$
(9,297,793
)
Investment and administrative fees
 
(579,859
)
Total distributions per the financial statements
 
(9,877,652
)
Add prior year deemed loan balance
 
332,044

Less current year deemed loan balance
 
(421,752
)
Total distributions per the Form 5500
 
$
(9,967,360
)

8


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


Supplemental Schedule
The Retirement and Savings Plan for Amgen Manufacturing, Limited
EIN: 98-0210484 Plan: #001
As of December 31, 2017
Schedule H, line 4i – Schedule of Assets (Held at End of Year)
 
 
Identity of Issue
 
Description of Investment
 
Current Value
 
 
 
 
 
 
 
Amgen stock
 
Employer Securities 474,190 shares
 
$
82,461,642

 
 
 
 
 
 
 
$
82,461,642

Capital Preservation Asset Class:
 
 
 
 
 
 
Wells Fargo Stable Value Fund W*
 
Collective trust fund 534,532 units
 
29,165,484

 
 
NT Collective Short Term Investment Fund*
 
Collective trust fund 2,062,324 units
 
2,062,324


Total Capital Preservation Asset Class
 
 
 
 
31,227,808

 
 
 
 
 
 
 
Emerging Markets Equity Asset Class:
 
 
 
 
 
 
J.P. Morgan Emerging Markets Equity Focus Fund*
 
Collective trust fund 213,189 units
 
5,078,154

 
 
Blackrock FTSE RAFI Emerging Index Non Lendable Fund F*
 
Collective trust fund 385,430 units
 
5,046,167

 
 
NT Collective Emerging Markets Fund - Non Lending*
 
Collective trust fund 3,739 units
 
721,892

 
Total Emerging Markets Equity Asset Class
 
 
 
 
10,846,213

 
 
 
 
 
 
 
Fixed Income Asset Class:
 
 
 
 
 
 
J.P. Morgan Core Bond Fund*
 
Collective trust fund 533,199 units
 
9,928,158

 
 
Metropolitan West Funds Floating Rate Income Fund Class I
 
Mutual Fund 983,825 shares
 
9,867,765

 
 
Blackrock High Yield Bond Fund Class A
 
Mutual Fund 582,216 shares
 
4,541,282

 
 
NT Collective Aggregate Bond Index Fund - Non Lending*
 
Collective trust fund 17,575 units
 
2,468,255


Total Fixed Income Asset Class
 
 
 
 
26,805,460

 
 
 
 
 
 

Fixed Income Index Asset Class:
 
 
 
 
 
 
NT Collective Aggregate Bond Index Fund - Non Lending*
 
Collective trust fund 74,152 units
 
10,413,948


 
NT Collective Short Term Investment Fund*
 
Collective trust fund 596 units
 
596

 
Total Fixed Income Index Asset Class
 
 
 
 
10,414,544

 
 
 
 
 
 

High Yield Asset Class:
 
 
 
 
 
 
Mackay Shields High Yield Bond Fund*
 
Collective trust fund 435,051 units
 
4,559,331

 
Total High Yield Asset Class
 
 
 
 
4,559,331

 
 
 
 
 
 

Inflation Protection Asset Class:
 
 
 
 
 
 
NT Collective Treasury Inflation-Protected Securities Index Fund - Non Lending*
 
Collective trust fund 31,367 units
 
4,440,296

 
Total Inflation Protection Asset Class
 
 
 
 
4,440,296

 
 
 
 
 
 

International Growth Asset Class:
 
 
 
 
 
 
MFS Institutional International Equity Fund
 
Mutual Fund 203,590 shares
 
5,183,397

 
 
Artisan International Fund*
 
Collective trust fund 217,693 units
 
5,181,104

 
 
NT Collective EAFE Index Fund - Non Lending*
 
Collective trust fund 1,471 units
 
478,552

 
 
Cash
 
Cash 82 units
 
82

 
Total International Growth Asset Class
 
 
 
 
10,843,135

 
 
 
 
 
 

International Index Asset Class:
 
 
 
 
 

9


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
NT Collective All Country World Index (ACWI) Ex/US Fund - Non Lending*
 
Collective trust fund 87,537 units
 
13,908,781

 
Total International Index Asset Class
 
 
 
 
13,908,781

 
 
 
 
 
 

International Value Asset Class:
 
 
 
 
 
 
 
 
 
 
 
 
 
Dodge & Cox International Fund
 
Mutual Fund 176,780 shares
 
8,188,431

 
 
Altrinsic International Equity Fund Class C*
 
Collective trust fund 690,124 units
 
8,164,783

 
 
NT Collective EAFE Index Fund - Non Lending*
 
Collective trust fund 2,693 units
 
876,190

 
Total International Value Asset Class
 
 
 
 
17,229,404

 
 
 
 
 
 
 
Large Cap Growth Asset Class:
 
 
 
 
 
 
NT Collective Russell 1000 Growth Index Fund - Non Lending*
 
Collective trust fund 7,235 units
 
2,981,555

 
 
Amazon.com, Inc.
 
Common and preferred stock 1,683 shares
 
1,968,219

 
 
Visa Inc. Class A
 
Common and preferred stock 16,658 shares
 
1,899,345

 
 
Facebook, Inc.
 
Common and preferred stock 8,194 shares
 
1,445,913

 
 
salesforce.com, inc.
 
Common and preferred stock 9,825 shares
 
1,004,410

 
 
Alphabet Inc. Class A
 
Common and preferred stock 933 shares
 
982,822

 
 
Netflix, Inc.
 
Common and preferred stock 4,919 shares
 
944,251

 
 
The Priceline Group Inc.
 
Common and preferred stock 481 shares
 
835,853

 
 
NT Collective Short Term Investment Fund*
 
Collective trust fund 818,421 units
 
818,421

 
 
Alibaba Group Holding Limited
 
Common and preferred stock 4,450 shares
 
767,314

 
 
Regeneron Pharmaceuticals, Inc.
 
Common and preferred stock 1,927 shares
 
724,475

 
 
FleetCor Technologies, Inc.
 
Common and preferred stock 3,744 shares
 
720,458

 
 
The Charles Schwab Corporation
 
Common and preferred stock 13,290 shares
 
682,707

 
 
ServiceNow, Inc.
 
Common and preferred stock 4,920 shares
 
641,519

 
 
Starbucks Corporation
 
Common and preferred stock 9,954 shares
 
571,658

 
 
Apple Inc.
 
Common and preferred stock 3,233 shares
 
547,121

 
 
Red Hat, Inc.
 
Common and preferred stock 4,233 shares
 
508,383

 
 
Alexion Pharmaceuticals, Inc.
 
Common and preferred stock 3,945 shares
 
471,783

 
 
Ecolab Inc.
 
Common and preferred stock 3,310 shares
 
444,136

 
 
Activision Blizzard Inc.
 
Common and preferred stock 6,915 shares
 
437,858

 
 
Nike, Inc. Class B
 
Common and preferred stock 6,989 shares
 
437,162

 
 
Monster Beverage Corp
 
Common and preferred stock 6,730 shares
 
425,942

 
 
UnitedHealth Group Inc.
 
Common and preferred stock 1,867 shares
 
411,599

 
 
Illumina, Inc.
 
Common and preferred stock 1,865 shares
 
407,484

 
 
Baidu, Inc.
 
Common and preferred stock 1,725 shares
 
404,012

 
 
Chipotle Mexican Grill, Inc.
 
Common and preferred stock 1,392 shares
 
402,330

 
 
Alphabet Inc. Class C
 
Common and preferred stock 384 shares
 
401,818

 
 
Novo Nordisk A/S
 
Common and preferred stock 7,417 shares
 
398,070

 
 
Adobe Systems Inc.
 
Common and preferred stock 2,200 shares
 
385,528

 
 
Caterpillar Inc.
 
Common and preferred stock 2,422 shares
 
381,659

 
 
Autodesk Inc.
 
Common and preferred stock 3,637 shares
 
381,267

 
 
Ulta Salon, Cosmetics & Fragrance, Inc.
 
Common and preferred stock 1,665 shares
 
372,394

 
 
Lowes Companies, Inc.
 
Common and preferred stock 3,927 shares
 
364,975

 
 
Equinix Inc.
 
Common and preferred stock 789 shares
 
357,591

 
 
SAP SE
 
Common and preferred stock 3,140 shares
 
352,810

 
 
Schlumberger Limited
 
Common and preferred stock 5,181 shares
 
349,148

 
 
Microsoft Corporation
 
Common and preferred stock 4,049 shares
 
346,351

 
 
J.B. Hunt Transport Services Inc.
 
Common and preferred stock 2,977 shares
 
342,295

 
 
Alliance Data Systems Corporation
 
Common and preferred stock 1,348 shares
 
341,691

 

10


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
TJX Companies, Inc.
 
Common and preferred stock 4,419 shares
 
337,877

 
 
Mondelez International, Inc.
 
Common and preferred stock 7,848 shares
 
335,894

 
 
Yum! Brands Inc.
 
Common and preferred stock 4,060 shares
 
331,337

 
 
Incyte Corporation
 
Common and preferred stock 3,465 shares
 
328,170

 
 
Edwards Lifesciences Corporation
 
Common and preferred stock 2,485 shares
 
280,084

 
 
Biomarin Pharmaceutical Inc.
 
Common and preferred stock 3,100 shares
 
276,427

 
 
Cerner Corporation
 
Common and preferred stock 4,087 shares
 
275,423

 
 
Palo Alto Networks, Inc.
 
Common and preferred stock 1,825 shares
 
264,516

 
 
Applied Materials, Inc.
 
Common and preferred stock 5,137 shares
 
262,603

 
 
The Estee Lauder Companies Inc.
 
Common and preferred stock 2,060 shares
 
262,114

 
 
Automatic Data Processing, Inc.
 
Common and preferred stock 2,205 shares
 
258,404

 
 
CoStar Group Inc.
 
Common and preferred stock 851 shares
 
252,704

 
 
Core Laboratories N.V.
 
Common and preferred stock 2,273 shares
 
249,007

 
 
Mastercard Inc. Class A
 
Common and preferred stock 1,602 shares
 
242,479

 
 
Biogen Inc.
 
Common and preferred stock 760 shares
 
242,113

 
 
Intuitive Surgical, Inc.
 
Common and preferred stock 661 shares
 
241,225

 
 
Dollar Tree, Inc.
 
Common and preferred stock 2,230 shares
 
239,301

 
 
S&P Global Inc.
 
Common and preferred stock 1,316 shares
 
222,930

 
 
Walt Disney Company
 
Common and preferred stock 2,040 shares
 
219,320

 
 
Diamondback Energy Inc.
 
Common and preferred stock 1,732 shares
 
218,665

 
 
Baxter International Inc.
 
Common and preferred stock 3,370 shares
 
217,837

 
 
Wynn Resorts, Limited
 
Common and preferred stock 1,271 shares
 
214,278

 
 
Royal Caribbean Cruises Limited
 
Common and preferred stock 1,760 shares
 
209,933

 
 
Deere & Company
 
Common and preferred stock 1,281 shares
 
200,489

 
 
Splunk Inc.
 
Common and preferred stock 2,400 shares
 
198,816

 
 
Citizens Financial Group, Inc.
 
Common and preferred stock 4,577 shares
 
192,142

 
 
SBV Financial Group
 
Common and preferred stock 810 shares
 
189,354

 
 
FMC Corporation
 
Common and preferred stock 1,920 shares
 
181,747

 
 
FedEx Corporation
 
Common and preferred stock 725 shares
 
180,917

 
 
Lam Resh Corporation
 
Common and preferred stock 907 shares
 
166,951

 
 
Thermo Fisher Corporation
 
Common and preferred stock 877 shares
 
166,525

 
 
Broadcom Ltd
 
Common and preferred stock 648 shares
 
166,471

 
 
Vertex Pharmaceuticals Inc.
 
Common and preferred stock 1,070 shares
 
160,350

 
 
PVH Corp
 
Common and preferred stock 1,150 shares
 
157,792

 
 
Arista Networks Inc.
 
Common and preferred stock 623 shares
 
146,766

 
 
Rockwell Automation
 
Common and preferred stock 739 shares
 
145,103

 
 
XPO Logistics Inc.
 
Common and preferred stock 1,450 shares
 
132,806

 
 
Cummins Inc.
 
Common and preferred stock 730 shares
 
128,947

 
 
Knight-Swift Transportation Holdings Inc.
 
Common and preferred stock 2,940 shares
 
128,537

 
 
The Chemours Company
 
Common and preferred stock 2,440 shares
 
122,146

 
 
Urban Outfitters Inc.
 
Common and preferred stock 3,430 shares
 
120,256

 
 
Take Two Interactive Software Inc
 
Common and preferred stock 1,039 shares
 
114,061

 
 
Stanley Black & Decker Inc.
 
Common and preferred stock 670 shares
 
113,692

 
 
Air Products and Chemicals Inc.
 
Common and preferred stock 690 shares
 
113,215

 
 
Capital One Financial Corporation
 
Common and preferred stock 1,130 shares
 
112,525


 
Wal-Mart Stores, Inc.
 
Common and preferred stock 1,130 shares
 
111,588

 
 
The Sherwin-Williams Company
 
Common and preferred stock 270 shares
 
110,711

 
 
Micron Technology, Inc.
 
Common and preferred stock 2,692 shares
 
110,695

 
 
Loxo Oncology Inc.
 
Common and preferred stock 1,277 shares
 
107,498


 
Align Technology, Inc.
 
Common and preferred stock 470 shares
 
104,429

 

11


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
Universal Display Corporation
 
Common and preferred stock 600 shares
 
103,590

 
 
Square Inc. Class A
 
Common and preferred stock 2,920 shares
 
101,236

 
 
Idexx Laboratories, Inc.
 
Common and preferred stock 622 shares
 
97,268

 
 
Continental Resources Inc.
 
Common and preferred stock 1,640 shares
 
86,871

 
 
Vantiv, Inc.
 
Common and preferred stock 1,030 shares
 
75,757

 
Total Large Cap Growth Asset Class
 
 
 
 
36,994,219

 
 
 
 
 
 
 
Large Cap Index Asset Class:
 
 
 
 
 
 
NT Collective S&P 500 Index Fund – Non Lending*
 
Collective trust fund 10,488 units
 
96,030,642

 
Total Large Cap Index Asset Class
 
 
 
 
96,030,642

 
 
 
 
 
 
 
Large Cap Value Asset Class:
 
 
 
 
 
 
Oracle Corporation
 
Common and preferred stock 13,615 shares
 
643,716

 
 
NT Collective Russell 1000 Value Index Fund - Non Lending*
 
Collective trust fund 1,714 units
 
618,563

 
 
National Oilwell Varco, Inc.
 
Common and preferred stock 14,835 shares
 
534,357

 
 
NT Collective Short Term Investment Fund*
 
Collective trust fund 449,759 units
 
449,759

 
 
AmerisourceBergen Corp.
 
Common and preferred stock 4,806 shares
 
441,287

 
 
CVS Health Corp
 
Common and preferred stock 5,454 shares
 
395,415

 
 
McKesson Corporation
 
Common and preferred stock 2,144 shares
 
334,357

 
 
Alphabet Inc. Class C
 
Common and preferred stock 319 shares
 
333,802

 
 
Visa Inc. Class A
 
Common and preferred stock 2,753 shares
 
313,897

 
 
The Charles Schwab Corporation
 
Common and preferred stock 6,000 shares
 
308,220

 
 
Mastercard Inc. Class A
 
Common and preferred stock 2,029 shares
 
307,109

 
 
Capital One Financial Corporation
 
Common and preferred stock 3,000 shares
 
298,740

 
 
Bank of America Corporation*
 
Common and preferred stock 10,000 shares
 
295,200

 
 
Wells Fargo & Company*
 
Common and preferred stock 4,800 shares
 
291,216

 
 
State Street Corporation
 
Common and preferred stock 2,972 shares
 
290,097

 
 
Skyworks Solutions Inc
 
Common and preferred stock 2,811 shares
 
266,904

 
 
Qorvo, Inc.
 
Common and preferred stock 3,828 shares
 
254,945

 
 
Cardinal Health, Inc.
 
Common and preferred stock 4,055 shares
 
248,450

 
 
Comcast Corporation Class A
 
Common and preferred stock 6,200 shares
 
248,310

 
 
GKN PLC
 
Common and preferred stock 55,980 shares
 
241,872

 
 
Microsoft Corporation
 
Common and preferred stock 2,650 shares
 
226,681

 
 
European Aeronautic Defense and Space Company
 
Common and preferred stock 2,227 shares
 
221,497

 
 
Swiss Re AG
 
Common and preferred stock 2,353 shares
 
220,330

 
 
Charter Communications, Inc. Class A
 
Common and preferred stock 647 shares
 
217,366

 
 
Alphabet Inc. Class C
 
Common and preferred stock 200 shares
 
209,280

 
 
J.P. Morgan Chase & Company*
 
Common and preferred stock 1,900 shares
 
203,186

 
 
Novartis AG
 
Common and preferred stock 2,400 shares
 
201,504

 
 
Autozone Inc.
 
Common and preferred stock 283 shares
 
201,318

 
 
Axis Capital Holdings Limited
 
Common and preferred stock 3,923 shares
 
197,170

 
 
Bank of New York Mellon Corporation
 
Common and preferred stock 3,640 shares
 
196,050

 
 
Anthem Inc.
 
Common and preferred stock 865 shares
 
194,634

 
 
Sanofi-Aventis
 
Common and preferred stock 4,500 shares
 
193,500

 
 
The Goldman Sachs Group Inc.
 
Common and preferred stock 750 shares
 
191,070

 
 
American Express Company
 
Common and preferred stock 1,850 shares
 
183,724

 
 
Express Scripts Holding Company
 
Common and preferred stock 2,400 shares
 
179,136

 
 
Everest Re Group Ltd
 
Common and preferred stock 806 shares
 
178,336

 
 
FedEx Corporation
 
Common and preferred stock 700 shares
 
174,678

 
 
Bank of New York Mellon Corporation
 
Common and preferred stock 3,000 shares
 
161,580

 

12


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
Anadarko Petroleum Corporation
 
Common and preferred stock 3,000 shares
 
160,920

 
 
Cisco Systems, Inc.
 
Common and preferred stock 4,200 shares
 
160,860

 
 
Twenty-First Century Fox, Inc. Class A
 
Common and preferred stock 4,500 shares
 
155,385

 
 
Cigna Corporation
 
Common and preferred stock 700 shares
 
142,163

 
 
Hewlett Packard Enterprise Company
 
Common and preferred stock 9,750 shares
 
140,010

 
 
MetLife, Inc.*
 
Common and preferred stock 2,750 shares
 
139,040

 
 
AstraZeneca PLC
 
Common and preferred stock 4,000 shares
 
138,800

 
 
O'Reilly Automotive Inc.
 
Common and preferred stock 572 shares
 
137,589

 
 
Time Warner Inc.
 
Common and preferred stock 1,500 shares
 
137,205

 
 
UnitedHealth Group Inc.
 
Common and preferred stock 600 shares
 
132,276

 
 
Schlumberger Limited
 
Common and preferred stock 1,950 shares
 
131,411

 
 
Moody's Corporation
 
Common and preferred stock 876 shares
 
129,306

 
 
Union Pacific Corporation
 
Common and preferred stock 950 shares
 
127,395

 
 
Johnson Controls International PLC
 
Common and preferred stock 3,293 shares
 
125,496

 
 
GlaxoSmithKline PLC
 
Common and preferred stock 3,400 shares
 
120,598

 
 
Parker-Hannifin Corporation
 
Common and preferred stock 602 shares
 
120,147

 
 
Hilton Worldwide Holdings Inc.
 
Common and preferred stock 1,494 shares
 
119,311

 
 
Eli Lilly and Company
 
Common and preferred stock 1,400 shares
 
118,244

 
 
Northern Trust Corporation*
 
Common and preferred stock 1,174 shares
 
117,271

 
 
Bristol-Myers Squibb Company
 
Common and preferred stock 1,900 shares
 
116,432

 
 
Booking Holdings Inc.
 
Common and preferred stock 67 shares
 
116,429

 
 
CBRE Group Inc. Class A
 
Common and preferred stock 2,672 shares
 
115,724

 
 
S&P Global Inc.
 
Common and preferred stock 682 shares
 
115,531

 
 
Aetna Inc.
 
Common and preferred stock 619 shares
 
111,661

 
 
HP Inc.
 
Common and preferred stock 5,250 shares
 
110,303

 
 
TE Connectivity Limited
 
Common and preferred stock 1,100 shares
 
104,544

 
 
SS&C Technologies Holdings Inc.
 
Common and preferred stock 2,377 shares
 
96,221

 
 
Medtronic PLC
 
Common and preferred stock 1,190 shares
 
96,093

 
 
Roche Holdings Ltd.
 
Common and preferred stock 3,000 shares
 
94,740

 
 
InterContinental Hotels Group PLC
 
Common and preferred stock 1,481 shares
 
94,058

 
 
The Priceline Group Inc.
 
Common and preferred stock 50 shares
 
86,887

 
 
Apache Corporation
 
Common and preferred stock 2,000 shares
 
84,440

 
 
Celanese Corporation
 
Common and preferred stock 750 shares
 
80,310

 
 
Baker Hughes
 
Common and preferred stock 2,500 shares
 
79,100

 
 
Swiss Re AG
 
Common and preferred stock 851 shares
 
79,015

 
 
Gilead Sciences Inc.
 
Common and preferred stock 1,100 shares
 
78,804

 
 
WPP PLC
 
Common and preferred stock 4,320 shares
 
78,366

 
 
Target Corporation
 
Common and preferred stock 1,200 shares
 
78,300

 
 
Dell Technologies Inc. Class V
 
Common and preferred stock 912 shares
 
74,127

 
 
Occidental Petroleum Corporation
 
Common and preferred stock 1,000 shares
 
73,660

 
 
National Oilwell Varco, Inc.
 
Common and preferred stock 2,000 shares
 
72,040

 
 
BB&T Corporation
 
Common and preferred stock 1,400 shares
 
69,608

 
 
United Technologies Corporation
 
Common and preferred stock 519 shares
 
66,209

 
 
Maxim Integrated Products, Inc.
 
Common and preferred stock 1,250 shares
 
65,350

 
 
Sabre Corp
 
Common and preferred stock 3,179 shares
 
65,170

 
 
Alnylam Pharmaceuticals, Inc.
 
Common and preferred stock 500 shares
 
63,525

 
 
Juniper Networks, Inc.
 
Common and preferred stock 2,200 shares
 
62,700

 
 
Concho Resources Inc.
 
Common and preferred stock 400 shares
 
60,088


 
Zayo Group Holdings Inc.
 
Common and preferred stock 1,500 shares
 
55,200

 
 
Liberty Interactive Corporation
 
Common and preferred stock 2,250 shares
 
54,945

 

13


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
Merck & Co., Inc.
 
Common and preferred stock 950 shares
 
53,457

 
 
Sprint Corporation
 
Common and preferred stock 9,024 shares
 
53,151

 
 
Dish Network Corporation Class A
 
Common and preferred stock 1,100 shares
 
52,525

 
 
Micro Focus International PLC
 
Common and preferred stock 1,488 shares
 
49,982

 
 
Alphabet Inc. Class A
 
Common and preferred stock 40 shares
 
42,136


 
NetApp, Inc.
 
Common and preferred stock 700 shares
 
38,724


 
Danaher Corporation
 
Common and preferred stock 400 shares
 
37,128

 
 
Aegon N.V.*
 
Common and preferred stock 5,700 shares
 
35,910

 
 
Corning Inc.
 
Common and preferred stock 1,100 shares
 
35,189


 
Synopsys, Inc.
 
Common and preferred stock 400 shares
 
34,096

 
 
Axalta Coating Systems Limited
 
Common and preferred stock 1,018 shares
 
32,942

 
 
Mattel Inc.
 
Common and preferred stock 2,100 shares
 
32,298

 
 
Harley-Davidson
 
Common and preferred stock 600 shares
 
30,528


 
Twenty-First Century Fox, Inc. Class B
 
Common and preferred stock 800 shares
 
27,296

 
 
News Corporation Class A
 
Common and preferred stock 900 shares
 
14,589

 
 
Brighthouse Financial Inc.
 
Common and preferred stock 227 shares
 
13,311

 
 
Weatherford International Ltd.
 
Common and preferred stock 2,000 shares
 
8,340

 
Total Large Cap Value Asset Class
 
 
 
 
16,411,865

 
 
 
 
 
 
 
Participant Self-Directed Accounts
 
Various Investments
 
2,416,707

 
 
 
 
 
 
 
2,416,707

Real Estate Investment Trust (REIT) Asset Class:
 
 
 
 
 
 
Vanguard Specialized Portfolios REIT Index Fund Institutional Class
 
Mutual Fund 531,242 shares
 
9,663,299

 
 
NT Collective Global Real Estate Index Fund - Non Lending*
 
Collective trust fund 4,306 units
 
871,276

 
Total Real Estate Investment Trust (REIT) Asset Class
 
 
 
 
10,534,575

 
 
 
 
 
 
 
Small-Mid Cap Growth Asset Class:
 
 
 
 
 
 
Wasatch Small Cap Growth Fund
 
Mutual Fund 51,890 shares
 
2,249,961

 
 
NT Collective Russell 2000 Growth Index Fund - Non Lending*
 
Collective trust fund 1,146 units
 
392,984

 
 
Universal Display Corporation
 
Common and preferred stock 599 shares
 
103,415

 
 
FMC Corporation
 
Common and preferred stock 736 shares
 
69,670

 
 
AMETEK, Inc.
 
Common and preferred stock 762 shares
 
55,222

 
 
Diamondback Energy Inc.
 
Common and preferred stock 426 shares
 
53,783

 
 
Comerica Inc.
 
Common and preferred stock 619 shares
 
53,735

 
 
Teradyne, Inc.
 
Common and preferred stock 1,215 shares
 
50,872

 
 
WABCO Holdings Inc.
 
Common and preferred stock 350 shares
 
50,225

 
 
WellCare Health Plans, Inc.
 
Common and preferred stock 247 shares
 
49,674

 
 
E*TRADE Financial Corporation
 
Common and preferred stock 977 shares
 
48,430

 
 
D R Horton Inc.
 
Common and preferred stock 930 shares
 
47,495

 
 
Zions Bancorporation
 
Common and preferred stock 927 shares
 
47,119

 
 
Norwegian Cruise Line Holdings Limited
 
Common and preferred stock 851 shares
 
45,316

 
 
G-III Apparel Group Limited
 
Common and preferred stock 1,159 shares
 
42,756

 
 
Wynn Resorts, Limited
 
Common and preferred stock 248 shares
 
41,810

 
 
Teladoc Inc.
 
Common and preferred stock 1,181 shares
 
41,158

 
 
Mimecast Limited
 
Common and preferred stock 1,406 shares
 
40,310

 
 
2U Inc.
 
Common and preferred stock 612 shares
 
39,480

 
 
Brink's Company
 
Common and preferred stock 495 shares
 
38,957

 
 
Vocera Communications Inc.
 
Common and preferred stock 1,249 shares
 
37,745

 
 
Grubhub Inc.
 
Common and preferred stock 510 shares
 
36,618

 
 
Trimble Inc.
 
Common and preferred stock 875 shares
 
35,560

 

14


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
The Chemours Company
 
Common and preferred stock 699 shares
 
34,992

 
 
Melco Resorts & Entertainment Limited
 
Common and preferred stock 1,190 shares
 
34,558

 
 
Skechers U.S.A Inc.
 
Common and preferred stock 904 shares
 
34,207

 
 
Chegg Inc.
 
Common and preferred stock 2,079 shares
 
33,929

 
 
MKS Instruments, Inc.
 
Common and preferred stock 358 shares
 
33,831

 
 
IPG Photonics Corporation
 
Common and preferred stock 157 shares
 
33,618

 
 
Vail Resorts Inc.
 
Common and preferred stock 157 shares
 
33,358

 
 
RingCentral, Inc. Class A
 
Common and preferred stock 684 shares
 
33,106

 
 
East West Bancorp Inc.
 
Common and preferred stock 528 shares
 
32,118

 
 
Middleby Corporation
 
Common and preferred stock 226 shares
 
30,499

 
 
bluebird bio Inc.
 
Common and preferred stock 171 shares
 
30,455

 
 
Mohawk Industries Inc.
 
Common and preferred stock 110 shares
 
30,349

 
 
Santander Consumer USA Holdings, Inc.
 
Common and preferred stock 1,627 shares
 
30,295

 
 
Zebra Technologies Corporation
 
Common and preferred stock 277 shares
 
28,753

 
 
BorgWarner Inc.
 
Common and preferred stock 557 shares
 
28,457

 
 
Square Inc. Class A
 
Common and preferred stock 820 shares
 
28,429

 
 
Guess Inc.
 
Common and preferred stock 1,677 shares
 
28,308

 
 
Polaris Industries Inc.
 
Common and preferred stock 228 shares
 
28,270

 
 
CoStar Group Inc.
 
Common and preferred stock 95 shares
 
28,210

 
 
Aerie Pharmaceuticals Inc.
 
Common and preferred stock 472 shares
 
28,202

 
 
Radian Group Inc.
 
Common and preferred stock 1,360 shares
 
28,030

 
 
FLIR Systems Inc.
 
Common and preferred stock 582 shares
 
27,133

 
 
Yum China Holdings Inc.
 
Common and preferred stock 677 shares
 
27,094

 
 
SBV Financial Group
 
Common and preferred stock 115 shares
 
26,884

 
 
Cognex Corporation
 
Common and preferred stock 434 shares
 
26,543

 
 
U.S. Concrete, Inc.
 
Common and preferred stock 306 shares
 
25,597

 
 
IAC/InterActiveCorp
 
Common and preferred stock 204 shares
 
24,945

 
 
Steel Dynamics Inc.
 
Common and preferred stock 570 shares
 
24,584

 
 
Owens Corning
 
Common and preferred stock 267 shares
 
24,548

 
 
Terex Corporation
 
Common and preferred stock 509 shares
 
24,544

 
 
Five9 Inc.
 
Common and preferred stock 969 shares
 
24,109

 
 
TransUnion
 
Common and preferred stock 432 shares
 
23,743

 
 
ServiceNow, Inc.
 
Common and preferred stock 179 shares
 
23,340

 
 
Inter Parfums, Inc.
 
Common and preferred stock 518 shares
 
22,507

 
 
On Assignment Inc.
 
Common and preferred stock 327 shares
 
21,016

 
 
John Bean Technologies Corporation
 
Common and preferred stock 174 shares
 
19,279

 
 
Celanese Corporation
 
Common and preferred stock 175 shares
 
18,739

 
 
Darden Restaurants Inc.
 
Common and preferred stock 193 shares
 
18,532

 
 
Neurocrine Biosciences, Inc.
 
Common and preferred stock 237 shares
 
18,389

 
 
Coherent, Inc.
 
Common and preferred stock 65 shares
 
18,344

 
 
Insulet Corporation
 
Common and preferred stock 263 shares
 
18,147

 
 
Splunk Inc.
 
Common and preferred stock 219 shares
 
18,142


 
Nektar Therapeutics
 
Common and preferred stock 296 shares
 
17,677

 
 
Lululemon Athletica Inc.
 
Common and preferred stock 224 shares
 
17,604

 
 
First Solar Inc.
 
Common and preferred stock 258 shares
 
17,420

 
 
Kennametal Inc.
 
Common and preferred stock 334 shares
 
16,169


 
Cree Inc.
 
Common and preferred stock 380 shares
 
14,113

 
 
Floor & Decor Holdings Inc.
 
Common and preferred stock 265 shares
 
12,900


 
Take Two Interactive Software Inc
 
Common and preferred stock 114 shares
 
12,515

 
 
NT Collective Short Term Investment Fund*
 
Collective trust fund 12,442 units
 
12,442

 

15


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
Olin Corporation
 
Common and preferred stock 346 shares
 
12,311

 
 
Shopify Inc.
 
Common and preferred stock 119 shares
 
12,019

 
 
Lumber Liquidators Holdings Inc.
 
Common and preferred stock 368 shares
 
11,552

 
 
Tractor Supply Company
 
Common and preferred stock 136 shares
 
10,166

 
Total Small-Mid Cap Growth Asset Class
 
 
 
 
4,967,316

 
 
 
 
 
 
 
Small-Mid Cap Index Asset Class:
 
 
 
 
 
 
 NT Collective Extended Equity Market Index Fund - Non Lending*
 
Collective trust fund 148,241 units
 
28,302,122

 
Total Small-Mid Cap Index Asset Class
 
 
 
 
28,302,122

 
 
 
 
 
 
 
Small-Mid Cap Value Asset Class:
 
 
 
 
 
 
NT Collective Russell 2000 Value Index Fund - Non Lending*
 
Collective trust fund 5,337 units
 
1,653,303

 
 
Tri Pointe Homes, Inc.
 
Common and preferred stock 35,815 shares
 
641,789

 
 
Citigroup Inc.
 
Common and preferred stock 11,530 shares
 
567,622

 
 
Hewlett Packard Enterprise Company
 
Common and preferred stock 34,900 shares
 
501,164

 
 
NT Collective Short Term Investment Fund*
 
Collective trust fund 586,086 units
 
586,086

 
 
Popular, Inc.
 
Common and preferred stock 13,600 shares
 
482,664

 
 
EQT Corporation
 
Common and preferred stock 7,930 shares
 
451,376

 
 
Carrizo Oil & Gas Inc.
 
Common and preferred stock 20,395 shares
 
434,006

 
 
ARRIS International PLC
 
Common and preferred stock 15,810 shares
 
406,159

 
 
Whiting Petroleum Corporation
 
Common and preferred stock 15,025 shares
 
397,862

 
 
Mellanox Technologies Limited
 
Common and preferred stock 5,955 shares
 
385,289

 
 
ERICSSON Inc.
 
Common and preferred stock 55,600 shares
 
371,408

 
 
The Bank of N.T. Butterfield & Son Limited
 
Common and preferred stock 9,935 shares
 
360,541

 
 
Citizens Financial Group, Inc.
 
Common and preferred stock 8,200 shares
 
344,236

 
 
Albany International Corporation Class A
 
Common and preferred stock 5,530 shares
 
339,819

 
 
Mitel Networks Corporation
 
Common and preferred stock 41,265 shares
 
339,611

 
 
Bio-Rad Laboratories, Inc. Class A
 
Common and preferred stock 1,405 shares
 
335,331

 
 
Goodyear Tire & Rubber Company
 
Common and preferred stock 10,200 shares
 
329,562

 
 
Kosmos Energy Limited
 
Common and preferred stock 47,800 shares
 
327,430

 
 
Western Alliance Bancorporation
 
Common and preferred stock 5,656 shares
 
320,243

 
 
Axis Capital Holdings Limited
 
Common and preferred stock 6,215 shares
 
312,366

 
 
Coherent, Inc.
 
Common and preferred stock 1,090 shares
 
307,620

 
 
Royal Mail PLC
 
Common and preferred stock 23,900 shares
 
295,165

 
 
Reliance Steel & Aluminum Company
 
Common and preferred stock 3,400 shares
 
291,686

 
 
Cairn Energy PLC
 
Common and preferred stock 48,100 shares
 
279,480

 
 
Ferroglobe PLC
 
Common and preferred stock 16,870 shares
 
273,294

 
 
Haverty Furniture Companies, Inc.
 
Common and preferred stock 11,935 shares
 
270,328

 
 
1st Horizon National Corporation
 
Common and preferred stock 13,230 shares
 
264,466

 
 
Office Depot, Inc.
 
Common and preferred stock 72,800 shares
 
257,712

 
 
Gulfport Energy Corporation
 
Common and preferred stock 19,520 shares
 
249,075

 
 
MDC Partners Inc. Class A
 
Common and preferred stock 24,910 shares
 
242,873

 
 
Boise Cascade Co
 
Common and preferred stock 6,075 shares
 
242,393

 
 
Ophir Energy Company
 
Common and preferred stock 124,400 shares
 
233,250

 
 
Newfield Exploration Company
 
Common and preferred stock 7,390 shares
 
233,007

 
 
Innospec Inc.
 
Common and preferred stock 3,270 shares
 
230,862

 
 
KBR, Inc.
 
Common and preferred stock 11,560 shares
 
229,235

 
 
Ameris Bancorp
 
Common and preferred stock 4,730 shares
 
227,986

 
 
PPDC Energy Inc.
 
Common and preferred stock 4,380 shares
 
225,745

 

16


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
Ramco-Gershenson Properties Trust
 
Common and preferred stock 15,070 shares
 
221,981

 
 
Taylor Morrison Home Corporation
 
Common and preferred stock 8,870 shares
 
217,049

 
 
Discovery Communications Inc. Series A
 
Common and preferred stock 9,500 shares
 
212,610

 
 
Bed Bath & Beyond Inc.
 
Common and preferred stock 9,500 shares
 
208,905

 
 
NRG Energy, Inc.
 
Common and preferred stock 7,300 shares
 
207,904

 
 
Orbital ATK Inc.
 
Common and preferred stock 1,575 shares
 
207,113

 
 
Globus Medical Inc.
 
Common and preferred stock 5,015 shares
 
206,117

 
 
Navistar International Corporation
 
Common and preferred stock 4,800 shares
 
205,824

 
 
Popular, Inc.
 
Common and preferred stock 5,610 shares
 
199,099

 
 
Harley-Davidson
 
Common and preferred stock 3,770 shares
 
191,818

 
 
Kohl's Corporation
 
Common and preferred stock 3,500 shares
 
189,805

 
 
Lattice Semiconductor Company
 
Common and preferred stock 32,740 shares
 
189,237

 
 
Calpine Corporation
 
Common and preferred stock 12,500 shares
 
189,125

 
 
United Financial Bancorp Inc.
 
Common and preferred stock 10,670 shares
 
188,219

 
 
Tetra Tech, Inc.
 
Common and preferred stock 43,840 shares
 
187,197

 
 
EnerSys
 
Common and preferred stock 2,685 shares
 
186,957

 
 
Allegheny Technologies Inc.
 
Common and preferred stock 7,680 shares
 
185,395

 
 
First Foundation Inc.
 
Common and preferred stock 9,950 shares
 
184,473

 
 
Equity Commonwealth
 
Common and preferred stock 6,040 shares
 
184,280

 
 
Ally Financial Inc.
 
Common and preferred stock 6,300 shares
 
183,708

 
 
Tutor Perini Corporation
 
Common and preferred stock 7,210 shares
 
182,774

 
 
Corning Inc.
 
Common and preferred stock 5,700 shares
 
182,343

 
 
National Bank Holdings Corporation Class A
 
Common and preferred stock 5,600 shares
 
181,608

 
 
Meridian Bancorp, Inc.
 
Common and preferred stock 8,410 shares
 
173,246

 
 
State Bank Financial Corporation
 
Common and preferred stock 5,770 shares
 
172,177

 
 
SuperValu Inc.
 
Common and preferred stock 7,950 shares
 
171,720

 
 
C&J Energy Services Inc.
 
Common and preferred stock 5,100 shares
 
170,697

 
 
Avnet, Inc.
 
Common and preferred stock 4,300 shares
 
170,366

 
 
Teradyne, Inc.
 
Common and preferred stock 4,050 shares
 
169,574

 
 
Kennedy-Wilson Holdings, Inc.
 
Common and preferred stock 9,750 shares
 
169,163

 
 
Pacwest Bancorp Company
 
Common and preferred stock 3,330 shares
 
167,832

 
 
Gramercy Property Trust
 
Common and preferred stock 6,290 shares
 
167,691

 
 
Reinsurance Group of America, Inc.
 
Common and preferred stock 1,070 shares
 
166,845

 
 
Ardmore Shipping Corporation
 
Common and preferred stock 20,790 shares
 
166,320

 
 
Brandywine Realty Trust
 
Common and preferred stock 9,112 shares
 
165,747

 
 
Kemper Corporation
 
Common and preferred stock 2,400 shares
 
165,360

 
 
Central Pacific Financial Corporation
 
Common and preferred stock 5,540 shares
 
165,258

 
 
FreightCar America, Inc.
 
Common and preferred stock 9,660 shares
 
164,993

 
 
Great Lakes Dredge & Dock Corporation
 
Common and preferred stock 30,240 shares
 
163,296

 
 
Scorpio Tankers Inc.
 
Common and preferred stock 53,440 shares
 
162,992

 
 
CNO Financial Group, Inc.
 
Common and preferred stock 6,510 shares
 
160,732

 
 
HomeStreet Inc.
 
Common and preferred stock 5,410 shares
 
156,620

 
 
Barrett Bill Corporation
 
Common and preferred stock 30,350 shares
 
155,696

 
 
Discover Financial Services
 
Common and preferred stock 2,000 shares
 
153,840

 
 
Embraer SA
 
Common and preferred stock 6,400 shares
 
153,152

 
 
Fulton Financial Corporation
 
Common and preferred stock 8,480 shares
 
151,792

 
 
Synchrony Financial
 
Common and preferred stock 3,900 shares
 
150,579

 
 
Murphy Oil Corporation
 
Common and preferred stock 4,800 shares
 
149,040

 
 
YRC Worldwide Inc.
 
Common and preferred stock 10,340 shares
 
148,689

 
 
Qorvo, Inc.
 
Common and preferred stock 2,225 shares
 
148,185

 

17


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
CNO Financial Group, Inc.
 
Common and preferred stock 6,000 shares
 
148,140

 
 
Mallinckrodt PLC
 
Common and preferred stock 6,300 shares
 
142,128

 
 
Cypress Semiconductor Corporation
 
Common and preferred stock 9,080 shares
 
138,379

 
 
Covanta Holding Corporation
 
Common and preferred stock 8,160 shares
 
137,904

 
 
Marathon Oil Corporation
 
Common and preferred stock 8,100 shares
 
137,133

 
 
Cummins Inc.
 
Common and preferred stock 770 shares
 
136,013

 
 
Northfield Bancorp Inc.
 
Common and preferred stock 7,950 shares
 
135,786

 
 
LivaNova PLC
 
Common and preferred stock 1,685 shares
 
134,665

 
 
Banner Corporation
 
Common and preferred stock 2,430 shares
 
133,942

 
 
Weatherford International Ltd.
 
Common and preferred stock 32,100 shares
 
133,857

 
 
Materion Corporation
 
Common and preferred stock 2,735 shares
 
132,921

 
 
John B. Sanfilippo & Son, Inc.
 
Common and preferred stock 2,074 shares
 
131,181

 
 
Santander Consumer USA Holdings, Inc.
 
Common and preferred stock 6,900 shares
 
128,478

 
 
Ladder Capital Corporation
 
Common and preferred stock 9,420 shares
 
128,395

 
 
The Geo Group, Inc.
 
Common and preferred stock 5,250 shares
 
123,900

 
 
MGIC Investment Corporation
 
Common and preferred stock 8,730 shares
 
123,180

 
 
Deckers Outdoor Corporation
 
Common and preferred stock 1,530 shares
 
122,783

 
 
News Corporation Class A
 
Common and preferred stock 7,500 shares
 
121,575

 
 
Bunge Limited
 
Common and preferred stock 1,800 shares
 
120,744

 
 
Orion Marine Group, Inc.
 
Common and preferred stock 15,390 shares
 
120,504

 
 
MedEquities Realty Trust Inc.
 
Common and preferred stock 10,740 shares
 
120,503

 
 
Superior Energy Services Inc.
 
Common and preferred stock 12,500 shares
 
120,375

 
 
Smart Sand Inc.
 
Common and preferred stock 13,880 shares
 
120,201

 
 
Texas Capital Bancshares, Inc.
 
Common and preferred stock 1,345 shares
 
119,571

 
 
ViaSat, Inc.
 
Common and preferred stock 1,595 shares
 
119,386

 
 
Snap-On Incorporated
 
Common and preferred stock 675 shares
 
117,653

 
 
Accuray Inc.
 
Common and preferred stock 27,000 shares
 
116,100

 
 
Cedar Realty Trust, Inc.
 
Common and preferred stock 18,880 shares
 
114,790

 
 
Team Inc.
 
Common and preferred stock 7,420 shares
 
110,558

 
 
McDermott International Inc.
 
Common and preferred stock 16,610 shares
 
109,294

 
 
Ameris Bancorp
 
Common and preferred stock 2,250 shares
 
108,450

 
 
PH Glatfelter Company
 
Common and preferred stock 5,025 shares
 
107,736

 
 
Microsemi Corporation
 
Common and preferred stock 1,965 shares
 
101,492

 
 
Getty Realty Corporation
 
Common and preferred stock 3,680 shares
 
99,949

 
 
Deltic Timber Corporation
 
Common and preferred stock 1,080 shares
 
98,874

 
 
Magna International Inc.
 
Common and preferred stock 1,700 shares
 
96,339

 
 
Teradata Corporation
 
Common and preferred stock 2,500 shares
 
96,150

 
 
Tri Pointe Group Inc.
 
Common and preferred stock 5,330 shares
 
95,514

 
 
Acacia Communications Inc.
 
Common and preferred stock 2,600 shares
 
94,198

 
 
Xi Group Ltd.
 
Common and preferred stock 2,665 shares
 
93,701

 
 
McDermott International, Inc.
 
Common and preferred stock 14,200 shares
 
93,436

 
 
Apogee Enterprises, Inc.
 
Common and preferred stock 2,000 shares
 
91,460

 
 
KEYW Holding Corporation
 
Common and preferred stock 15,490 shares
 
90,926

 
 
Matrix Service Company
 
Common and preferred stock 5,090 shares
 
90,602

 
 
QAD Inc. Class A
 
Common and preferred stock 2,310 shares
 
89,744

 
 
Euronet Worldwide, Inc.
 
Common and preferred stock 1,055 shares
 
88,905

 
 
Haynes International Inc.
 
Common and preferred stock 2,760 shares
 
88,458

 
 
Fluor Corporation
 
Common and preferred stock 1,700 shares
 
87,805

 
 
Generac Holdings Inc.
 
Common and preferred stock 1,720 shares
 
85,174

 
 
VASCO Data Security International Inc.
 
Common and preferred stock 6,020 shares
 
83,678

 

18


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
Aerohive Networks Inc.
 
Common and preferred stock 14,070 shares
 
82,028

 
 
Portland General Electric Company
 
Common and preferred stock 1,790 shares
 
81,588

 
 
Discovery Communications, Inc. Series C
 
Common and preferred stock 3,800 shares
 
80,446

 
 
Stealthgas Inc.
 
Common and preferred stock 18,330 shares
 
79,919

 
 
Adient PLC
 
Common and preferred stock 1,000 shares
 
78,700

 
 
Essent Group Limited
 
Common and preferred stock 1,810 shares
 
78,590

 
 
Kearny Financial Corporation
 
Common and preferred stock 5,420 shares
 
78,319

 
 
Smart & Final Stores Inc.
 
Common and preferred stock 8,870 shares
 
75,839

 
 
Ooma Inc.
 
Common and preferred stock 6,340 shares
 
75,763

 
 
United Community Bank Blairsville Georgia
 
Common and preferred stock 2,670 shares
 
75,134

 
 
Chuy's Holdings Inc.
 
Common and preferred stock 2,670 shares
 
74,894

 
 
Avis Budget Group Inc.
 
Common and preferred stock 1,700 shares
 
74,596

 
 
Regions Financial Corporation
 
Common and preferred stock 4,300 shares
 
74,304

 
 
Hibbett Sports Inc.
 
Common and preferred stock 3,580 shares
 
73,032

 
 
ProPetro Holding Corporation
 
Common and preferred stock 3,580 shares
 
72,173

 
 
Trinity Biotech PLC
 
Common and preferred stock 13,640 shares
 
69,700

 
 
ALLETE Inc.
 
Common and preferred stock 920 shares
 
68,411

 
 
NorthWestern Corporation
 
Common and preferred stock 1,140 shares
 
68,058

 
 
The Hanover Insurance Group, Inc.
 
Common and preferred stock 620 shares
 
67,010

 
 
Veeco Instruments Inc.
 
Common and preferred stock 4,430 shares
 
65,786

 
 
Celadon Group, Inc.
 
Common and preferred stock 10,250 shares
 
65,600

 
 
FirstCash Inc.
 
Common and preferred stock 950 shares
 
64,078

 
 
Nomad Foods Limited
 
Common and preferred stock 3,780 shares
 
63,920

 
 
Ribbon Communications Inc.
 
Common and preferred stock 8,240 shares
 
63,695

 
 
Extraction Oil & Gas Inc.
 
Common and preferred stock 4,430 shares
 
63,393

 
 
Daseke Inc.
 
Common and preferred stock 4,420 shares
 
63,162

 
 
Fred's Inc. Class A
 
Common and preferred stock 15,240 shares
 
61,722

 
 
Hess Corporation LLC
 
Common and preferred stock 1,300 shares
 
61,711

 
 
Sanchez Energy Corporation
 
Common and preferred stock 11,600 shares
 
61,596

 
 
Investors Bancorp, Inc.
 
Common and preferred stock 4,420 shares
 
61,350

 
 
Resolute Energy Corporation
 
Common and preferred stock 1,940 shares
 
61,052

 
 
BMC Stock Holdings Inc.
 
Common and preferred stock 2,380 shares
 
60,214

 
 
Alleghany Corporation
 
Common and preferred stock 100 shares
 
59,609

 
 
BJ's Restaurants Inc.
 
Common and preferred stock 1,630 shares
 
59,332

 
 
Landec Corporation
 
Common and preferred stock 4,570 shares
 
57,582

 
 
Schweitzer-Mauduit International Inc.
 
Common and preferred stock 1,260 shares
 
57,154

 
 
El Paso Electric Company
 
Common and preferred stock 1,030 shares
 
57,011

 
 
Treehouse Foods, Inc.
 
Common and preferred stock 1,145 shares
 
56,632

 
 
Allison Transmission Holdings, Inc.
 
Common and preferred stock 1,300 shares
 
55,991

 
 
Bemis Company Inc.
 
Common and preferred stock 1,170 shares
 
55,914

 
 
The Chefs' Warehouse Holdings, Inc.
 
Common and preferred stock 2,720 shares
 
55,760

 
 
Century Communities, Inc.
 
Common and preferred stock 1,790 shares
 
55,669

 
 
The Geo Group, Inc.
 
Common and preferred stock 2,350 shares
 
55,460

 
 
Heritage Financial Corporation
 
Common and preferred stock 1,790 shares
 
55,132

 
 
DSW Inc.
 
Common and preferred stock 2,570 shares
 
55,024

 
 
Libbey, Inc.
 
Common and preferred stock 7,300 shares
 
54,896

 
 
Carpenter Technology Corporation
 
Common and preferred stock 1,070 shares
 
54,559

 
 
PNM Resources, Inc.
 
Common and preferred stock 1,310 shares
 
52,990

 
 
Eclipse Resources Corporation
 
Common and preferred stock 21,860 shares
 
52,464

 
 
Carrols Restaurant Group Inc.
 
Common and preferred stock 4,310 shares
 
52,367

 

19


Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
Astronics Corporation
 
Common and preferred stock 1,250 shares
 
51,838

 
 
Commvault Systems Inc.
 
Common and preferred stock 980 shares
 
51,450

 
 
Del Taco Restaurants Inc.
 
Common and preferred stock 4,220 shares
 
51,146

 
 
Pacific Ethanol, Inc.
 
Common and preferred stock 11,070 shares
 
50,369

 
 
Seritage Growth Properties Class A
 
Common and preferred stock 1,220 shares
 
49,361

 
 
ICF International, Inc.
 
Common and preferred stock 940 shares
 
49,350

 
 
Zimmer Biomet Holdings Inc
 
Common and preferred stock 400 shares
 
48,268


 
DHT Holdings Inc.
 
Common and preferred stock 13,120 shares
 
47,101

 
 
Astec Industries Inc.
 
Common and preferred stock 800 shares
 
46,800

 
 
Lumentum Holdings Inc.
 
Common and preferred stock 911 shares
 
44,548

 
 
Flotek Industries Inc.
 
Common and preferred stock 9,230 shares
 
43,012

 
 
Green Plains Inc.
 
Common and preferred stock 2,510 shares
 
42,294

 
 
Foundation Building Materials Inc.
 
Common and preferred stock 2,720 shares
 
40,229

 
 
Enstar Group Ltd.
 
Common and preferred stock 200 shares
 
40,150


 
Franks International NV
 
Common and preferred stock 5,900 shares
 
39,235


 
SunTrust Banks, Inc.
 
Common and preferred stock 600 shares
 
38,754

 
 
ARC Document Solutions Inc.
 
Common and preferred stock 13,120 shares
 
33,456

 
 
Fifth Third Bancorp
 
Common and preferred stock 1,000 shares
 
30,340

 
 
Invacare Corporation
 
Common and preferred stock 1,620 shares
 
27,297

 
 
Cadiz Inc.
 
Common and preferred stock 1,830 shares
 
26,078

 
 
Regis Corporation
 
Common and preferred stock 1,540 shares
 
23,654

 
 
Apache Corporation
 
Common and preferred stock 500 shares
 
21,110

 
 
Rent-A-Center, Inc.
 
Common and preferred stock 1,800 shares
 
19,980

 
 
LifePoint Hospitals, Inc.
 
Common and preferred stock 400 shares
 
19,920

 
 
Approach Resources Inc.
 
Common and preferred stock 6,460 shares
 
19,122

 
 
Sequential Brands Group, Inc.
 
Common and preferred stock 7,780 shares
 
13,848

 
 
Super Com Limited
 
Common and preferred stock 2,780 shares
 
10,870

 
 
Tetra Tech, Inc.
 
Rights/Warrents 6,560 units
 
6,560

 
 
Destination XL Group, Inc.
 
Common and preferred stock 2,790 shares
 
6,138

 
Total Small-Mid Cap Value Asset Class
 
 
 
 
33,041,424

 
 
 
 
 
 

Notes Receivable from Participants
 
Interest Rate 4.25% - 10.70%
 
15,254,034

 
 
 
 
 
 
 
15,254,034

Other:
 
 
 
 
 

 
NT Collective Short Term Investment Fund*
 
Collective trust fund 10,386 units
 
10,386

 
 
Cash
 
Cash 237 units
 
237

 
Total Other
 
 
 
 
10,623

 
 
 
 
 
 

 
 
 
 
 
 
 
Grand Total
 
 
 
 
$
456,700,141

 
 
 
 
 
 
* Indicates party-in-interest
 
 
 
 


20


SIGNATURES
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 its behalf by the undersigned hereunto duly authorized.
 
 
 
 
 
 The Retirement and Savings Plan for
 Amgen Manufacturing, Limited
 (Name of Plan)
 
 
 
 
 
 
 
Date:
June 18, 2018
 
 
By:
 
/s/ DAVID W. MELINE
 
 
 
 
 
 
David W. Meline
 
 
 
 
 
 
Deputy Chairman and Chief Financial Officer
 
 
 
 
 
 
Amgen Manufacturing, Limited

21


THE RETIREMENT AND SAVINGS PLAN FOR
AMGEN MANUFACTURING, LIMITED
INDEX TO EXHIBIT
 
Consent of Independent Registered Public Accounting Firm
  
Exhibit 23.1

22