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, 2015
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, 2015 and 2014

Contents
 
 
 
 
 
Audited Financial Statements:
 
 
 
 
 
Supplemental Schedule:
 
 
 
 
 




Report of Independent Registered Public Accounting Firm
Amgen Manufacturing, Limited, as Named Fiduciary, and the Plan Participants
of The Retirement and Savings Plan for Amgen Manufacturing, Limited
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, 2015 and 2014, and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. We were not engaged to perform an audit of the Plan’s internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan at December 31, 2015 and 2014, and the changes in its net assets available for benefits for the years then ended, in conformity with U.S. generally accepted accounting principles.
The accompanying supplemental schedule of assets (held at end of year) as of December 31, 2015, 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
Los Angeles, California
June 15, 2016

1


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

 
 
December 31,
 
 
2015
 
2014
Assets
 
 
 
 
Investments at fair value
 
$
321,774,040

 
$
319,091,349

Notes receivable from participants
 
15,201,879

 
15,840,310

Other – principally due from broker
 
1,048,898

 
178,553

Total assets
 
338,024,817

 
335,110,212

Liabilities
 
 
 
 
Other – principally due to broker
 
227,238

 
413,456

Total liabilities
 
227,238

 
413,456

Net assets available for benefits
 
$
337,797,579

 
$
334,696,756

See accompanying notes.

2


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

 
 
Year Ended December 31,
 
 
2015
 
2014
Additions to (deductions from) net assets:
 
 
 
 
Employer contributions
 
$
13,236,920

 
$
13,570,545

Participant contributions
 
11,755,741

 
11,743,446

Rollover contributions
 
—

 
137,039

Interest and dividend income
 
3,213,064

 
3,080,258

Net realized/unrealized (losses) gains
 
(3,900,677
)
 
35,869,647

Interest income on notes receivable from participants
 
637,600

 
629,149

Benefits paid
 
(21,373,415
)
 
(20,261,911
)
Investment and administrative fees
 
(468,410
)
 
(435,845
)
Net increase
 
3,100,823

 
44,332,328

Net assets available for benefits at beginning of year
 
334,696,756

 
290,364,428

Net assets available for benefits at end of year
 
$
337,797,579

 
$
334,696,756

See accompanying notes.

3


The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements
December 31, 2015
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 January 1, 2002, most recently amended and restated effective January 1, 2012, and subsequently amended, with the most recent amendment adopted on December 2, 2015. 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 New Puerto Rico Internal Revenue Code (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 2015 and 2014. 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 2015 and 2014. 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 2015 and 2014. 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 $10,600 in 2015 and $10,400 in 2014 (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 $13,250 in 2015 and $13,000 in 2014.

4


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

1. Description of the Plan (continued)
 Contributions (continued)
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 Inc. 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.
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.

5


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

1. Description of the Plan (continued)
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. Effective January 1, 2015, a participant 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.
 

6


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

2. Summary of Significant Accounting Policies
Basis of Accounting
The accompanying financial statements are prepared on the accrual basis of accounting.
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, 2015 and 2014.
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.

7


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

2. Summary of Significant Accounting Policies (continued)
New Accounting Pronouncements
During the year ended December 31, 2015, the Plan retrospectively adopted a new accounting standard that eliminated certain disclosure requirements, including: (i) net appreciation/depreciation of plan assets disaggregated by class of investment; (ii) identification of individual investments that represent 5% or more of the net assets available for benefits; and (iii) significant investment strategies for investments for which fair value is estimated using the net asset value per share provided by the fund manager as a practical expedient, such as the Plan’s investments in collective trust funds. The new standard also specified that plan assets measured at fair value may be disaggregated by general type (including assets in self-directed brokerage accounts) and eliminated the requirement for disaggregation by nature and risk of investment (see Note 3, Fair Value Measurements). In addition, the new standard eliminated the reporting requirements for indirect investments in fully benefit-responsive investment contracts (investments in collective trust funds that own fully benefit-responsive investment contracts). Previously, the Plan’s proportionate share of the difference between the fair value and contract value of a collective trust fund’s assets invested in such contracts was presented in the Statement of Net Assets Available for Benefits.
During the year ended December 31, 2015, the Plan also retrospectively adopted a new accounting that eliminated the requirement to categorize within the fair value hierarchy investments for which fair value is estimated using the net asset value per share provided by the fund manager as a practical expedient, such as the Plan’s investments in collective trust funds. These investments are now shown as a reconciling item between the amount in the fair value hierarchy table and the total of the Plan’s investments recognized at fair value in the Statements of Net Assets Available for Benefits (see Note 3, Fair Value Measurements).
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.


8


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

3. Fair Value Measurements (continued)
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.
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, 2015, 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
 
$
74,742,644

 
$
—

 
$
—

 
$
74,742,644

Cash and cash equivalents
 
12,136

 
—

 
—

 
12,136

Common and preferred stocks
 
61,872,076

 
272,797

 
—

 
62,144,873

Mutual funds
 
35,304,246

 
—

 
—

 
35,304,246

Self-directed brokerage accounts
 
950,806

 
—

 
—

 
950,806

 
 
$
172,881,908

 
$
272,797

 
$
—

 
$
173,154,705

Collective trust funds measured at net asset value
 
 
 
 
 
 
 
148,619,335

Total investments measured at fair value
 
 
 
 
 
 
 
$
321,774,040

 
 
 
Fair value measurements at December 31, 2014, 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
 
$
74,031,326

 
$
—

 
$
—

 
$
74,031,326

Cash and cash equivalents
 
168,035

 
—

 
—

 
168,035

Common and preferred stocks
 
66,596,942

 
147,384

 
—

 
66,744,326

Mutual funds
 
32,537,916

 
—

 
—

 
32,537,916

Self-directed brokerage accounts
 
987,650

 
—

 
—

 
987,650

 
 
$
174,321,869

 
$
147,384

 
$
—

 
$
174,469,253

Collective trust funds measured at net asset value
 
 
 
 
 
 
 
144,622,096

Total investments measured at fair value
 
 
 
 
 
 
 
$
319,091,349



9


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

3. Fair Value Measurements (continued)
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 $22,698,400 as of December 31, 2015), which requires a one-year notice to be given in the event of complete liquidation.
4. Income Tax Status
The Plan received a determination letter from the Puerto Rico Treasury Department (PRTD) dated June 22, 2007, with an effective date of January 1, 2006, stating that the Plan is qualified, in form, under Section 1165 of the Puerto Rico Internal Revenue Code of 1994, as amended (the 1994 PR Code), and therefore the related trust forming part of the Plan is exempt from taxation. The 1994 PR Code was repealed, and the Puerto Rico Internal Revenue Code of 2011, as amended (the PR Code), was adopted and became effective for taxable years starting after December 31, 2010. The PR Code amended several rules related to the qualification of pension plans and required that the Plan be amended in order to comply with those requirements. The deadline for compliance was extended by the PRTD to coincide with the sponsoring employer’s due date for filing its 2013 corporate tax return (generally April 15, 2014, for calendar year filers) (the Compliance Deadline). The PR Code also required that the Plan be submitted to the PRTD in order to obtain a new determination letter issued by the PRTD to maintain the Plan’s qualified status. The request of a new determination letter must have been submitted to the PRTD in accordance with the Compliance Deadline. On April 4, 2014, the Company timely requested a determination letter from the PRTD in order to comply with the rules provided by the PR Code. The Company is awaiting a response from the PRTD regarding its submission.
For taxable years 2015 and 2014, the Company believes the Plan satisfied, and operated in compliance with, the applicable requirements of the PR Code and therefore believes that the Plan 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.
GAAP requires the Company to evaluate uncertain tax positions taken by the Plan. The financial statement effects of a tax position are recognized when the position is more likely than not, based on the technical merits, to be sustained upon examination. As of December 31, 2015, no uncertain tax positions have been taken or are expected to be taken, and no amounts related to uncertain tax positions have been recorded in the Plan’s financial statements. The Plan is subject to audits by the PRTD, however there are currently no audits for any periods in progress. The Company believes the Plan is no longer subject to PRTD examinations with respect to annual reports for years prior to 2011.


10


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

5. Services Provided by the Company
During 2015 and 2014, 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, 2015 and 2014, consisted of the following:
 
 
 
December 31,
 
 
2015
 
2014
Net assets available for benefits per the financial statements
 
$
337,797,579

 
$
334,696,756

Adjustment from fair value to contract value for fully benefit-responsive investment contracts
 
113,492

 
324,952

Amounts allocated to withdrawing participants
 
(11,640
)
 
(135,314
)
Deemed loans
 
(280,900
)
 
(205,341
)
Net assets per the Form 5500
 
$
337,618,531

 
$
334,681,053

For the year ended December 31, 2015, the following is a reconciliation of the net investment loss per the financial statements to the Form 5500:
 
 
 
Year Ended
December 31,
2015
Interest and dividend income
 
$
3,213,064

Net realized/unrealized losses
 
(3,900,677
)
Total net investment loss per the financial statements
 
(687,613
)
Adjustment from fair value to contract value for interest in collective trust funds relating to fully benefit-responsive investment contracts:
 
 
Less prior year adjustment
 
(324,952
)
Add current year adjustment
 
113,492

Total net investment loss per the Form 5500
 
$
(899,073
)

11


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

6. Reconciliation of Financial Statements to Form 5500 (continued)
For the year ended December 31, 2015, the following is a reconciliation of distributions per the financial statements to the Form 5500:
 
 
 
Year Ended
December 31,
2015
Benefits paid
 
$
(21,373,415
)
Investment and administrative fees
 
(468,410
)
Total distributions per the financial statements
 
(21,841,825
)
Add prior year amounts allocated to withdrawing participants
 
135,314

Less current year amounts allocated to withdrawing participants
 
(11,640
)
Add prior year deemed loan balance
 
205,341

Less current year deemed loan balance
 
(280,900
)
Total distributions per the Form 5500
 
$
(21,793,710
)

12

Supplemental Schedule
The Retirement and Savings Plan for Amgen Manufacturing, Limited
EIN: 98-0210484 Plan: #001
December 31, 2015
Schedule H, line 4i – Schedule of Assets (Held at End of Year)
 
 
Identity of Issue
 
Description of Investment
 
Current Value
 
 
 
 
 
 
 
 Amgen stock*
 
Amgen stock 460,436 shares
 
 
$
74,742,644

 
 
 
 
 
 
 
 Capital Preservation Asset Class:
 
 
 
 
 
 
Wells Fargo Stable Value Fund W*
 
Collective trust fund 431,844 units
 
$
22,811,892

 
 
NT Collective Short Term Investment Fund*
 
Collective trust fund 1,968,147 units
 
1,968,147

 
 Total Capital Preservation Asset Class
 
 
 
 
24,780,039

 
 
 
 
 
 
 
 Emerging Markets Equity Asset Class:
 
 
 
 
 
 
J.P. Morgan Emerging Markets Equity Focus Fund*
 
Collective trust fund 123,798 units
 
1,830,979

 
 
Artisan Emerging Markets Inst Fund
 
Mutual Fund 167,538 shares
 
1,740,717

 
 
Blackrock FTSE RAFI Emerging Index Non Lendable Fund F*
 
Collective trust fund 220,483 units
 
1,727,263

 
 
NT Collective Emerging Markets Fund - Non Lending*
 
Collective trust fund 4,472 units
 
567,071

 
 Total Emerging Markets Equity Asset Class
 
 
 
 
5,866,030

 
 
 
 
 
 
 
 Fixed Income Asset Class:
 
 
 
 
 
 
JP Morgan Core Bond Fund*
 
Collective trust fund 518,003 units
 
8,987,360

 
 
Metropolitan West Total Return Bond Fund
 
Mutual Fund 890,517 shares
 
8,905,175

 
 
NT Collective Aggregate Bond Index Fund - Non Lending*
 
Collective trust fund 11,545 units
 
1,527,798

 
 Total Fixed Income Asset Class
 
 
 
 
19,420,333

 
 
 
 
 
 
 
Fixed Income Index Asset Class:
 
 
 
 
 
 
NT Collective Aggregate Bond Index Fund - Non Lending*
 
Collective trust fund 17,480 units
 
2,313,127

 
Total Fixed Income Index Asset Class
 
 
 
 
2,313,127

 
 
 
 
 
 
 
 High Yield Asset Class:
 
 
 
 
 
 
MainStay High Yield Corporate Bond Fund
 
Mutual Fund 567,454 shares
 
3,007,505

 
 
Blackrock High Yield Bond Fund Class A
 
Mutual Fund 411,060 shares
 
2,930,860

 
 
NT Collective Short Term Investment Fund*
 
Collective trust fund 644,766 units
 
644,766

 
 Total High Yield Asset Class
 
 
 
 
6,583,131

 
 
 
 
 
 
 
 Inflation Protection Asset Class:
 
 
 
 
 
 
NT Collective Treasury Inflation-Protected Securities Index Fund - Non Lending*
 
Collective trust fund 19,100 units
 
2,505,397

 
 Total Inflation Protection Asset Class
 
 
 
 
2,505,397

 
 
 
 
 
 
 
 International Growth Asset Class:
 
 
 
 
 
 
Artisan International Fund*
 
Collective trust fund 275,630 units
 
5,504,336

 
 
MFS Institutional International Equity Fund
 
Mutual Fund 257,883 shares
 
5,302,074

 
 
NT Collective EAFE Index Fund - Non Lending*
 
Collective trust fund 4,363 units
 
1,119,137

 
 
NT Collective Short Term Investment Fund*
 
Collective trust fund 115 units
 
115

 
 
United States dollar
 
Cash and cash equivalents
 
69

 
 Total International Growth Asset Class
 
 
 
 
11,925,731

 
 
 
 
 
 
 
 International Index Asset Class:
 
 
 
 
 
 
NT Collective All Country World Index (ACWI) Ex-US Fund - Non Lending*
 
Collective trust fund 58,465 units
 
6,971,417

 

13
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 Total International Index Asset Class
 
 
 
 
6,971,417

 
 
 
 
 
 
 
 International Value Asset Class:
 
 
 
 
 
 
Altrinsic International Equity Fund Class C*
 
Collective trust fund 506,393 units
 
4,538,494

 
 
Dodge & Cox International Fund
 
Mutual Fund 111,488 shares
 
4,067,073

 
 
NT Collective EAFE Index Fund - Non Lending*
 
Collective trust fund 2,200 units
 
564,462

 
 Total International Value Asset Class
 
 
 
 
9,170,029

 
 
 
 
 
 
 
 Large Cap Growth Asset Class:
 
 
 
 
 
 
Visa Inc. Class A
 
Common and preferred stock 20,363 shares
 
1,579,144

 
 
NT Collective Russell 1000 Growth Index Fund - Non Lending*
 
Collective trust fund 5,222 units
 
1,543,580

 
 
Facebook, Inc.
 
Common and preferred stock 11,660 shares
 
1,220,336

 
 
Amazon.com, Inc.
 
Common and preferred stock 1,571 shares
 
1,061,823

 
 
The Priceline Group Inc.
 
Common and preferred stock 727 shares
 
926,889

 
 
Regeneron Pharmaceuticals, Inc.
 
Common and preferred stock 1,350 shares
 
732,875

 
 
Alphabet Inc. Class A
 
Common and preferred stock 926 shares
 
720,437

 
 
salesforce.com, inc.
 
Common and preferred stock 9,183 shares
 
719,947

 
 
NT Collective Short Term Investment Fund*
 
Collective trust fund 644,077 units
 
644,077

 
 
Nike, Inc. Class B
 
Common and preferred stock 9,652 shares
 
603,250

 
 
Bristol-Myers Squibb Company
 
Common and preferred stock 8,475 shares
 
582,995

 
 
Starbucks Corporation
 
Common and preferred stock 8,850 shares
 
531,266

 
 
Schlumberger Limited
 
Common and preferred stock 7,545 shares
 
526,264

 
 
Cerner Corporation
 
Common and preferred stock 8,735 shares
 
525,585

 
 
Monsanto Company
 
Common and preferred stock 5,090 shares
 
501,467

 
 
Alphabet Inc. Class A
 
Common and preferred stock 657 shares
 
498,584

 
 
Alexion Pharmaceuticals, Inc.
 
Common and preferred stock 2,583 shares
 
492,707

 
 
Mondelez International, Inc.
 
Common and preferred stock 10,935 shares
 
490,326

 
 
Apple Inc.
 
Common and preferred stock 4,400 shares
 
463,144

 
 
FleetCor Technologies, Inc.
 
Common and preferred stock 3,195 shares
 
456,662

 
 
Lowes Companies, Inc.
 
Common and preferred stock 5,750 shares
 
437,230

 
 
Linkedin Corporation Class A
 
Common and preferred stock 1,865 shares
 
419,775

 
 
Ecolab Inc.
 
Common and preferred stock 3,310 shares
 
378,598

 
 
Baidu, Inc.
 
Common and preferred stock 1,925 shares
 
363,902

 
 
Gilead Sciences, Inc.
 
Common and preferred stock 3,535 shares
 
357,707

 
 
Netflix, Inc.
 
Common and preferred stock 3,064 shares
 
350,461

 
 
Edwards Lifesciences Corporation
 
Common and preferred stock 4,430 shares
 
349,882

 
 
Red Hat, Inc.
 
Common and preferred stock 4,130 shares
 
342,005

 
 
Colgate-Palmolive Company
 
Common and preferred stock 4,990 shares
 
332,434

 
 
Alibaba Group Holding Limited
 
Common and preferred stock 4,060 shares
 
329,956

 
 
State Street Corporation*
 
Common and preferred stock 4,940 shares
 
327,818

 
 
Automatic Data Processing, Inc.
 
Common and preferred stock 3,855 shares
 
326,596

 
 
ARM Holdings plc
 
Common and preferred stock 7,081 shares
 
320,344

 
 
Adobe Systems Inc.
 
Common and preferred stock 3,225 shares
 
302,957

 
 
PPG Industries, Inc.
 
Common and preferred stock 2,922 shares
 
288,752

 
 
Equinix Inc.
 
Common and preferred stock 953 shares
 
288,187

 
 
Mastercard Inc. Class A
 
Common and preferred stock 2,913 shares
 
283,610

 
 
Under Armour, Inc. Class A
 
Common and preferred stock 3,505 shares
 
282,538

 
 
Biomarin Pharmaceutical Inc.
 
Common and preferred stock 2,665 shares
 
279,185

 
 
Illumina, Inc.
 
Common and preferred stock 1,445 shares
 
277,361

 
 
Splunk Inc.
 
Common and preferred stock 4,575 shares
 
269,056

 
 
Walt Disney Company
 
Common and preferred stock 2,555 shares
 
268,479

 
 
Whole Foods Market, Inc.
 
Common and preferred stock 7,920 shares
 
265,320

 
 
The Charles Schwab Corporation
 
Common and preferred stock 8,050 shares
 
265,087

 

14
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
Palo Alto Networks, Inc.
 
Common and preferred stock 1,494 shares
 
263,153

 
 
Chipotle Mexican Grill, Inc.
 
Common and preferred stock 495 shares
 
237,526

 
 
Ulta Salon, Cosmetics & Fragrance, Inc.
 
Common and preferred stock 1,233 shares
 
228,105

 
 
SAP SE
 
Common and preferred stock 2,863 shares
 
226,463

 
 
Capital One Financial Corporation
 
Common and preferred stock 3,104 shares
 
224,047

 
 
Biogen Inc.
 
Common and preferred stock 720 shares
 
220,572

 
 
Royal Carribbean Cruises Limited
 
Common and preferred stock 2,150 shares
 
217,602

 
 
Verisk Analytics, Inc.
 
Common and preferred stock 2,790 shares
 
214,495

 
 
athenahealth, Inc.
 
Common and preferred stock 1,300 shares
 
209,261

 
 
Delta Air Lines, Inc.
 
Common and preferred stock 4,000 shares
 
202,760

 
 
Target Corporation
 
Common and preferred stock 2,717 shares
 
197,281

 
 
Core Laboratories N.V.
 
Common and preferred stock 1,709 shares
 
185,837

 
 
United Continental Holdings Company
 
Common and preferred stock 3,140 shares
 
179,922

 
 
Mobileye NV
 
Common and preferred stock 3,975 shares
 
168,063

 
 
McKesson Corporation
 
Common and preferred stock 835 shares
 
164,687

 
 
Incyte Corporation
 
Common and preferred stock 1,440 shares
 
156,168

 
 
L Brands, Inc.
 
Common and preferred stock 1,627 shares
 
155,899

 
 
Constellation Brands, Inc.
 
Common and preferred stock 1,081 shares
 
153,978

 
 
LendingClub Corporation
 
Common and preferred stock 13,850 shares
 
153,043

 
 
Allergan plc
 
Common and preferred stock 456 shares
 
142,500

 
 
Eli Lilly & Company
 
Common and preferred stock 1,664 shares
 
140,209

 
 
ServiceNow, Inc.
 
Common and preferred stock 1,586 shares
 
137,284

 
 
McGraw Hill Financial, Inc.
 
Common and preferred stock 1,341 shares
 
132,196

 
 
FMC Technologies, Inc.
 
Common and preferred stock 4,425 shares
 
128,369

 
 
Activision Blizzard Inc.
 
Common and preferred stock 3,265 shares
 
126,388

 
 
NXP Semiconductors N.V.
 
Common and preferred stock 1,491 shares
 
125,617

 
 
Lam Resh Corporation
 
Common and preferred stock 1,567 shares
 
124,451

 
 
TJX Companies, Inc.
 
Common and preferred stock 1,600 shares
 
113,456

 
 
Hilton Worldwide Holdings Inc.
 
Common and preferred stock 5,064 shares
 
108,370

 
 
Masco Corporation
 
Common and preferred stock 3,650 shares
 
103,295

 
 
Intuitive Surgical, Inc.
 
Common and preferred stock 187 shares
 
102,132

 
 
Tableau Software, Inc.
 
Common and preferred stock 1,043 shares
 
98,271

 
 
AmerisourceBergen Corporation
 
Common and preferred stock 918 shares
 
95,206

 
 
Synchrony Financial
 
Common and preferred stock 3,028 shares
 
92,081

 
 
Kansas City Southern
 
Common and preferred stock 1,174 shares
 
87,663

 
 
Avago Technologies Ltd. NV
 
Common and preferred stock 580 shares
 
84,187

 
 
PayPal Holdings, Inc.
 
Common and preferred stock 2,200 shares
 
79,640

 
 
Dexcom, Inc.
 
Common and preferred stock 890 shares
 
72,891

 
 
McDonald's Corporation
 
Common and preferred stock 576 shares
 
68,049

 
 Total Large Cap Growth Asset Class
 
 
 
 
28,449,715

 
 
 
 
 
 
 
 Large Cap Index Asset Class:
 
 
 
 
 
 
NT Collective S&P 500 Index Fund – Non Lending*
 
Collective trust fund 9,476 units
 
63,618,612

 
 Total Large Cap Index Asset Class
 
 
 
 
63,618,612

 
 
 
 
 
 
 
 Large Cap Value Asset Class:
 
 
 
 
 
 
NT Collective Russell 1000 Value Index Fund - Non Lending*
 
Collective trust fund 1,693 units
 
458,133

 
 
Oracle Corporation
 
Common and preferred stock 11,926 shares
 
435,650

 
 
Parker-Hannifin Corporation
 
Common and preferred stock 3,630 shares
 
352,037

 
 
NT Collective Short Term Investment Fund*
 
Collective trust fund 316,704 units
 
316,704

 
 
National Oilwell Varco, Inc.
 
Common and preferred stock 7,612 shares
 
254,926

 
 
Franklin Resources, Inc.
 
Common and preferred stock 6,825 shares
 
251,297

 
 
Swiss Re AG
 
Common and preferred stock 2,353 shares
 
230,716

 

15
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
Discovery Communications, Inc. Series C
 
Common and preferred stock 8,912 shares
 
224,761

 
 
Wells Fargo & Company*
 
Common and preferred stock 4,100 shares
 
222,876

 
 
Microsoft Corporation
 
Common and preferred stock 3,800 shares
 
210,824

 
 
Capital One Financial Corporation
 
Common and preferred stock 2,850 shares
 
205,713

 
 
Time Warner Cable Inc.
 
Common and preferred stock 1,100 shares
 
204,149

 
 
The Charles Schwab Corporation
 
Common and preferred stock 6,000 shares
 
197,580

 
 
Anthem Inc.
 
Common and preferred stock 1,412 shares
 
196,889

 
 
Axis Capital Holdings Limited
 
Common and preferred stock 3,494 shares
 
196,433

 
 
Visa Inc. Class A
 
Common and preferred stock 2,436 shares
 
188,912

 
 
Cisco Systems Inc.
 
Common and preferred stock 6,917 shares
 
187,831

 
 
Boeing Company
 
Common and preferred stock 1,299 shares
 
187,822

 
 
Mastercard Inc. Class A
 
Common and preferred stock 1,865 shares
 
181,576

 
 
Bank of America Corporation*
 
Common and preferred stock 10,400 shares
 
175,032

 
 
State Street Corporation*
 
Common and preferred stock 2,530 shares
 
167,891

 
 
Everest Re Group
 
Common and preferred stock 913 shares
 
167,161

 
 
Dover Corporation
 
Common and preferred stock 2,615 shares
 
160,326

 
 
Novartis AG
 
Common and preferred stock 1,800 shares
 
154,872

 
 
Aetna Inc.
 
Common and preferred stock 1,393 shares
 
150,611

 
 
Qualcomm Inc.
 
Common and preferred stock 2,958 shares
 
147,856

 
 
Schlumberger Limited
 
Common and preferred stock 2,100 shares
 
146,475

 
 
Fossil Group, Inc.
 
Common and preferred stock 3,991 shares
 
145,911

 
 
Comcast Corporation Class A
 
Common and preferred stock 2,500 shares
 
141,075

 
 
Time Warner Inc.
 
Common and preferred stock 2,150 shares
 
139,041

 
 
United Technologies Corporation
 
Common and preferred stock 1,379 shares
 
132,481

 
 
Bank of New York Mellon Corporation
 
Common and preferred stock 3,149 shares
 
129,802

 
 
EMC Corporation
 
Common and preferred stock 5,000 shares
 
128,400

 
 
Bank of New York Mellon Corporation
 
Common and preferred stock 3,100 shares
 
127,782

 
 
Aberdeen Asset Management
 
Common and preferred stock 29,713 shares
 
126,740

 
 
T Rowe Price Group, Inc.
 
Common and preferred stock 1,765 shares
 
126,180

 
 
Sanofi-Aventis
 
Common and preferred stock 2,950 shares
 
125,818

 
 
Hewlett Packard Enterprise Company
 
Common and preferred stock 8,250 shares
 
125,400

 
 
Express Scripts Holding Company
 
Common and preferred stock 1,400 shares
 
122,374

 
 
Alphabet Inc. Class A
 
Common and preferred stock 150 shares
 
113,832

 
 
Wal-Mart Stores, Inc.
 
Common and preferred stock 1,800 shares
 
110,340

 
 
Roche Holdings Ltd.
 
Common and preferred stock 3,200 shares
 
110,304

 
 
Cigna Corporation
 
Common and preferred stock 750 shares
 
109,748

 
 
The Goldman Sachs Group, Inc.
 
Common and preferred stock 600 shares
 
108,138

 
 
MSC Industial Direct Co., Inc. Class A
 
Common and preferred stock 1,919 shares
 
107,982

 
 
J.P. Morgan Chase & Company*
 
Common and preferred stock 1,600 shares
 
105,648

 
 
FedEx Corporation
 
Common and preferred stock 700 shares
 
104,293

 
 
Symantec Corporation
 
Common and preferred stock 4,900 shares
 
102,900

 
 
Time Warner Inc.
 
Common and preferred stock 1,492 shares
 
96,488

 
 
Cisco Systems, Inc.
 
Common and preferred stock 3,500 shares
 
95,043

 
 
UnitedHealth Group Inc.
 
Common and preferred stock 800 shares
 
94,112

 
 
HP Inc.
 
Common and preferred stock 7,550 shares
 
89,392

 
 
Walt Disney Company
 
Common and preferred stock 811 shares
 
85,220

 
 
Baker Hughes Inc. 7.5% Due 11/15/2018
 
Common and preferred stock 1,800 shares
 
83,070

 
 
Alphabet Inc. Class A
 
Common and preferred stock 100 shares
 
77,801

 
 
TE Connectivity Limited
 
Common and preferred stock 1,200 shares
 
77,532

 
 
MetLife, Inc.*
 
Common and preferred stock 1,600 shares
 
77,136

 
 
Twenty-First Century Fox, Inc. Class A
 
Common and preferred stock 2,750 shares
 
74,690

 
 
Merck & Co., Inc.
 
Common and preferred stock 1,400 shares
 
73,948

 
 
American Express Company
 
Common and preferred stock 1,000 shares
 
69,550

 

16
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
Corning Inc.
 
Common and preferred stock 3,500 shares
 
63,980

 
 
Apache Corporation
 
Common and preferred stock 1,300 shares
 
57,811

 
 
BB&T Corporation
 
Common and preferred stock 1,500 shares
 
56,715

 
 
Verizon Communications Inc.
 
Common and preferred stock 1,208 shares
 
55,834

 
 
Apple Inc.
 
Common and preferred stock 499 shares
 
52,525

 
 
The Priceline Group Inc.
 
Common and preferred stock 40 shares
 
50,998

 
 
Carlisle Companies Inc.
 
Common and preferred stock 558 shares
 
49,489

 
 
NetApp, Inc.
 
Common and preferred stock 1,800 shares
 
47,754

 
 
Honeywell International Inc.
 
Common and preferred stock 459 shares
 
47,539

 
 
Celanese Corporation
 
Common and preferred stock 700 shares
 
47,131

 
 
Danaher Corporation
 
Common and preferred stock 500 shares
 
46,440

 
 
Microsoft Corporation
 
Common and preferred stock 820 shares
 
45,494

 
 
Check Point Software Technologies Ltd.
 
Common and preferred stock 556 shares
 
45,247

 
 
Target Corporation
 
Common and preferred stock 600 shares
 
43,566

 
 
Anthem Inc.
 
Common and preferred stock 300 shares
 
41,832

 
 
Maxim Integrated Products, Inc.
 
Common and preferred stock 1,100 shares
 
41,800

 
 
Synopsys, Inc.
 
Common and preferred stock 900 shares
 
41,049

 
 
AstraZeneca plc
 
Common and preferred stock 1,200 shares
 
40,740

 
 
Tyco International, Ltd.
 
Common and preferred stock 1,250 shares
 
39,863

 
 
National Oilwell Varco, Inc.
 
Common and preferred stock 1,150 shares
 
38,514

 
 
Dish Network Corporation Class A
 
Common and preferred stock 650 shares
 
37,167

 
 
Aegon N.V.
 
Common and preferred stock 6,500 shares
 
36,855

 
 
Sprint Corporation
 
Common and preferred stock 10,024 shares
 
36,287

 
 
Liberty Interactive Corporation
 
Common and preferred stock 1,300 shares
 
35,516

 
 
The ADT Corporation
 
Common and preferred stock 1,000 shares
 
32,980

 
 
Medtronic plc
 
Common and preferred stock 400 shares
 
30,768

 
 
Coach, Inc.
 
Common and preferred stock 900 shares
 
29,457

 
 
Thermo Fisher Corporation
 
Common and preferred stock 200 shares
 
28,370

 
 
Concho Resources Inc.
 
Common and preferred stock 300 shares
 
27,858

 
 
Twenty-First Century Fox, Inc. Class B
 
Common and preferred stock 900 shares
 
24,507

 
 
Harley-Davidson
 
Common and preferred stock 450 shares
 
20,426

 
 
Weatherford International Ltd.
 
Common and preferred stock 2,200 shares
 
18,458

 
 
VMware Inc. Class A
 
Common and preferred stock 300 shares
 
16,971

 
 
Cadence Design Systems, Inc.
 
Common and preferred stock 800 shares
 
16,648

 
 
InterContinental Hotels Group plc
 
Common and preferred stock 227 shares
 
8,794

 
 
News Corporation Class A
 
Common and preferred stock 500 shares
 
6,680

 
 Total Large Cap Value Asset Class
 
 
 
 
10,875,287

 
 
 
 
 
 
 
 Participant Self-Directed Accounts
 
 
 
 
950,806

 
 
 
 
 
 
 
 Real Estate Investment Trust (REIT) Asset Class:
 
 
 
 
 
 
Vanguard Specialized Portfolios REIT Index Fund Institutional Class
 
Mutual Fund 448,776 shares
 
7,849,084

 
 
NT Collective Short Term Investment Fund*
 
Collective trust fund 519,892 units
 
519,892

 
 Total Real Estate Investment Trust (REIT) Asset Class
 
 
 
 
8,368,976

 
 
 
 
 
 
 
 Small-Mid Cap Growth Asset Class:
 
 
 
 
 
 
Wasatch Small Cap Growth Fund
 
Mutual Fund 36,371 shares
 
1,501,755

 
 
NT Collective Russell 2000 Growth Index Fund - Non Lending*
 
Collective trust fund 982 units
 
247,332

 
 
ServiceNow, Inc.
 
Common and preferred stock 573 shares
 
49,599

 
 
Mobileye NV
 
Common and preferred stock 1,076 shares
 
45,493

 
 
Stamps.com Inc.
 
Common and preferred stock 415 shares
 
45,488

 
 
Foot Locker, Inc.
 
Common and preferred stock 640 shares
 
41,658

 

17
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
Ulta Salon, Cosmetics & Fragrance, Inc.
 
Common and preferred stock 222 shares
 
41,070

 
 
Idexx Laboratories, Inc.
 
Common and preferred stock 526 shares
 
38,356

 
 
Proofpoint, Inc.
 
Common and preferred stock 576 shares
 
37,446

 
 
Harman International Industries, Inc.
 
Common and preferred stock 371 shares
 
34,952

 
 
Dexcom, Inc.
 
Common and preferred stock 409 shares
 
33,497

 
 
Integrated Device Technology, Inc.
 
Common and preferred stock 1,223 shares
 
32,226

 
 
Allegion plc
 
Common and preferred stock 470 shares
 
30,982

 
 
Nuance Communications, Inc.
 
Common and preferred stock 1,515 shares
 
30,133

 
 
Global Payments Inc.
 
Common and preferred stock 462 shares
 
29,804

 
 
Expedia, Inc.
 
Common and preferred stock 230 shares
 
28,589

 
 
WellCare Health Plans, Inc.
 
Common and preferred stock 348 shares
 
27,217

 
 
Tractor Supply Company
 
Common and preferred stock 303 shares
 
25,907

 
 
JetBlue Airways Corporation
 
Common and preferred stock 1,140 shares
 
25,821

 
 
Hologic, Inc.
 
Common and preferred stock 640 shares
 
24,762

 
 
Masco Corporation
 
Common and preferred stock 870 shares
 
24,621

 
 
NT Collective Short Term Investment Fund*
 
Collective trust fund 24,455 units
 
24,455

 
 
AMC Networks Inc. Class A
 
Common and preferred stock 305 shares
 
22,777

 
 
NVIDIA Corporation
 
Common and preferred stock 690 shares
 
22,742

 
 
SBV Financial Group
 
Common and preferred stock 190 shares
 
22,591

 
 
Tempur Sealy International, Inc.
 
Common and preferred stock 320 shares
 
22,547

 
 
Under Armour, Inc. Class A
 
Common and preferred stock 275 shares
 
22,168

 
 
G-III Apparel Group Limited
 
Common and preferred stock 499 shares
 
22,086

 
 
Steven Madden, Ltd.
 
Common and preferred stock 708 shares
 
21,396

 
 
Headwaters Inc.
 
Common and preferred stock 1,266 shares
 
21,357

 
 
American Eagle Outfitters Inc.
 
Common and preferred stock 1,305 shares
 
20,228

 
 
E*TRADE Financial Corporation 10/01/2003
 
Common and preferred stock 670 shares
 
19,859

 
 
Infinera Corporation
 
Common and preferred stock 1,041 shares
 
18,863

 
 
Newell Rubbermaid Inc.
 
Common and preferred stock 425 shares
 
18,734

 
 
OSI Systems, Inc.
 
Common and preferred stock 210 shares
 
18,619

 
 
The WhiteWave Foods Company Class A
 
Common and preferred stock 466 shares
 
18,132

 
 
Dycom Industries, Inc.
 
Common and preferred stock 250 shares
 
17,490

 
 
First Solar, Inc.
 
Common and preferred stock 250 shares
 
16,498

 
 
U.S. Concrete, Inc.
 
Common and preferred stock 307 shares
 
16,167

 
 
Middleby Corporation
 
Common and preferred stock 145 shares
 
15,641

 
 
Vail Resorts Inc.
 
Common and preferred stock 120 shares
 
15,359

 
 
Mohawk Industries, Inc.
 
Common and preferred stock 80 shares
 
15,151

 
 
Toll Brothers Inc.
 
Common and preferred stock 450 shares
 
14,985

 
 
Molina Healthcare Inc.
 
Common and preferred stock 249 shares
 
14,972

 
 
Visteon Corporation
 
Common and preferred stock 130 shares
 
14,885

 
 
Signature Bank of New York
 
Common and preferred stock 97 shares
 
14,877

 
 
Vulcan Materials Company
 
Common and preferred stock 156 shares
 
14,815

 
 
Rackspace Hosting, Inc.
 
Common and preferred stock 580 shares
 
14,686

 
 
Norwegian Cruise Line Holdings Limited
 
Common and preferred stock 250 shares
 
14,650

 
 
PrivateBancorp, Inc.
 
Common and preferred stock 355 shares
 
14,562

 
 
Apogee Enterprises, Inc.
 
Common and preferred stock 324 shares
 
14,097

 
 
CommScope Holding Company, Inc.
 
Common and preferred stock 537 shares
 
13,903

 
 
Nevro Corporation
 
Common and preferred stock 199 shares
 
13,434

 
 
Therapeutics, Inc.
 
Common and preferred stock 372 shares
 
12,053

 
 
K2M Group Holdings, Inc.
 
Common and preferred stock 581 shares
 
11,469

 
 
Zendesk, Inc.
 
Common and preferred stock 430 shares
 
11,369

 
 
Newfield Exploration Company
 
Common and preferred stock 340 shares
 
11,070

 
 
Adeptus Health Inc.
 
Common and preferred stock 184 shares
 
10,032

 
 
Esperion Therapeutics, Inc.
 
Common and preferred stock 442 shares
 
9,839

 

18
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
Intercept Inc.
 
Common and preferred stock 64 shares
 
9,558

 
 
Activision Blizzard Inc.
 
Common and preferred stock 244 shares
 
9,445

 
 
Cynosure Inc. Class A
 
Common and preferred stock 210 shares
 
9,381

 
 
Pacira Pharmaceuticals, Inc.
 
Common and preferred stock 120 shares
 
9,215

 
 
Unvl Display Corporation
 
Common and preferred stock 162 shares
 
8,819

 
 
Flowers Foods, Inc.
 
Common and preferred stock 410 shares
 
8,811

 
 
Cavium, Inc.
 
Common and preferred stock 124 shares
 
8,148

 
 
athenahealth, Inc.
 
Common and preferred stock 50 shares
 
8,049

 
 
Neurocrine Biosciences, Inc.
 
Common and preferred stock 140 shares
 
7,920

 
 
Panera Bread Company Class A
 
Common and preferred stock 40 shares
 
7,791

 
 
Booz Allen Hamilton Holding Corporation Class A
 
Common and preferred stock 250 shares
 
7,713

 
 
Criteo SA
 
Common and preferred stock 192 shares
 
7,603

 
 
Vantiv, Inc.
 
Common and preferred stock 160 shares
 
7,587

 
 
Intra-Cellular Therapies, Inc.
 
Common and preferred stock 140 shares
 
7,531

 
 
Zions Bancorporation
 
Common and preferred stock 270 shares
 
7,371

 
 
RingCentral, Inc. Class A
 
Common and preferred stock 310 shares
 
7,310

 
 
Zayo Group Holdings Inc.
 
Common and preferred stock 270 shares
 
7,179

 
 
Anacor Pharmaceuticals Inc.
 
Common and preferred stock 63 shares
 
7,117

 
 
Burlington Stores, Inc.
 
Common and preferred stock 163 shares
 
6,993

 
 
Ultragenyx Pharmaceutical Inc.
 
Common and preferred stock 60 shares
 
6,731

 
 
SS&C Technologies Holdings, Inc.
 
Common and preferred stock 90 shares
 
6,144

 
 
The Habit Restaurants, Inc.
 
Common and preferred stock 251 shares
 
5,788

 
 
Coherus Biosciences, Inc.
 
Common and preferred stock 243 shares
 
5,579

 
 
Knoll, Inc.
 
Common and preferred stock 290 shares
 
5,452

 
 
Blue Buffalo Pet Products, Inc.
 
Common and preferred stock 220 shares
 
4,116

 
 Total Small-Mid Cap Growth Asset Class
 
 
 
 
3,222,617

 
 
 
 
 
 
 
 Small-Mid Cap Index Asset Class:
 
 
 
 
 
 
NT Collective Extended Equity Market Index Fund - Non Lending*
 
Collective trust fund 115,796 units
 
16,159,291

 
 Total Small-Mid Cap Index Asset Class
 
 
 
 
16,159,291

 
 
 
 
 
 
 
 Small-Mid Cap Value Asset Class:
 
 
 
 
 
 
NT Collective Russell 2000 Value Index Fund - Non Lending*
 
Collective trust fund 5,349 units
 
1,167,342

 
 
NT Collective Short Term Investment Fund*
 
Collective trust fund 443,635 units
 
443,635

 
 
Coherent, Inc.
 
Common and preferred stock 6,570 shares
 
427,763

 
 
Arris Group, Inc.
 
Common and preferred stock 12,215 shares
 
373,413

 
 
Teradyne, Inc.
 
Common and preferred stock 16,990 shares
 
351,183

 
 
Tri Pointe Homes, Inc.
 
Common and preferred stock 26,850 shares
 
340,190

 
 
Lattice Semiconductor Company
 
Common and preferred stock 50,675 shares
 
327,867

 
 
Calpine Corporation
 
Common and preferred stock 21,400 shares
 
309,658

 
 
Mitel Networks Corporation
 
Common and preferred stock 39,100 shares
 
300,679

 
 
Bio-Rad Laboratories, Inc. Class A
 
Common and preferred stock 2,150 shares
 
298,119

 
 
Citigroup Inc.
 
Common and preferred stock 7,305 shares
 
290,009

 
 
Western Alliance Bancorporation
 
Common and preferred stock 7,866 shares
 
282,075

 
 
Treehouse Foods, Inc.
 
Common and preferred stock 3,570 shares
 
280,102

 
 
Popular, Inc.
 
Common and preferred stock 9,800 shares
 
277,732

 
 
Ophir Energy Company
 
Common and preferred stock 94,000 shares
 
272,797

 
 
Kohl's Corporation
 
Common and preferred stock 5,600 shares
 
266,728

 
 
Citizens Financial Group, Inc.
 
Common and preferred stock 10,000 shares
 
261,900

 
 
Brandywine Realty Trust
 
Common and preferred stock 18,970 shares
 
259,130

 
 
Aryzta AG
 
Common and preferred stock 9,840 shares
 
252,790

 
 
Great Plains Energy Inc.
 
Common and preferred stock 8,700 shares
 
237,597

 

19
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
PrivateBancorp, Inc.
 
Common and preferred stock 5,685 shares
 
233,199

 
 
Regions Financial Corporation
 
Common and preferred stock 24,200 shares
 
232,320

 
 
Pacwest Bancorp Company
 
Common and preferred stock 5,380 shares
 
231,878

 
 
Ramco-Gershenson Properties Trust
 
Common and preferred stock 13,860 shares
 
230,215

 
 
White Mountains Insurance Group, Ltd.
 
Common and preferred stock 315 shares
 
228,945

 
 
Forestar Group Inc.
 
Common and preferred stock 20,815 shares
 
227,716

 
 
Cairn Energy plc
 
Common and preferred stock 49,100 shares
 
227,579

 
 
Corning Inc.
 
Common and preferred stock 12,400 shares
 
226,672

 
 
The Geo Group, Inc.
 
Common and preferred stock 7,720 shares
 
223,185

 
 
EnerSys
 
Common and preferred stock 3,990 shares
 
223,161

 
 
Haverty Furniture Companies, Inc.
 
Common and preferred stock 10,265 shares
 
220,082

 
 
Materion Corporation
 
Common and preferred stock 7,815 shares
 
218,820

 
 
Willis Group Holdings
 
Common and preferred stock 4,500 shares
 
218,565

 
 
The Laclede Group, Inc.
 
Common and preferred stock 3,675 shares
 
218,332

 
 
Royal Mail plc
 
Common and preferred stock 16,200 shares
 
212,706

 
 
Marten Transport Limited
 
Common and preferred stock 11,525 shares
 
203,993

 
 
Taylor Morrison Home Corporation
 
Common and preferred stock 12,625 shares
 
202,000

 
 
Capital Bank Financial Corporation
 
Common and preferred stock 6,310 shares
 
201,794

 
 
Axis Capital Holdings Limited
 
Common and preferred stock 3,545 shares
 
199,300

 
 
NRG Energy, Inc.
 
Common and preferred stock 16,900 shares
 
198,913

 
 
Accuray Inc.
 
Common and preferred stock 29,440 shares
 
198,720

 
 
PH Glatfelter Company
 
Common and preferred stock 10,550 shares
 
194,542

 
 
La-Z-Boy, Inc.
 
Common and preferred stock 7,964 shares
 
194,481

 
 
ICF International, Inc.
 
Common and preferred stock 5,420 shares
 
192,735

 
 
Fred's Inc. Class A
 
Common and preferred stock 11,725 shares
 
191,938

 
 
Orkla ASA
 
Common and preferred stock 24,410 shares
 
191,252

 
 
Goodyear Tire & Rubber Company
 
Common and preferred stock 5,800 shares
 
189,486

 
 
Kosmos Energy Limited
 
Common and preferred stock 36,400 shares
 
189,280

 
 
Avnet, Inc.
 
Common and preferred stock 4,400 shares
 
188,496

 
 
Cobalt International Energy, Inc.
 
Common and preferred stock 34,400 shares
 
185,760

 
 
MDC Partners Inc. Class A
 
Common and preferred stock 8,550 shares
 
185,706

 
 
Brown & Brown Inc.
 
Common and preferred stock 5,600 shares
 
179,760

 
 
Elizabeth Arden, Inc.
 
Common and preferred stock 18,045 shares
 
178,646

 
 
Hewlett Packard Enterprise Company
 
Common and preferred stock 11,700 shares
 
177,840

 
 
Kemper Corporation
 
Common and preferred stock 4,770 shares
 
177,683

 
 
Customers Bancorp, Inc.
 
Common and preferred stock 6,470 shares
 
176,113

 
 
Great Lakes Dredge & Dock Corporation
 
Common and preferred stock 42,470 shares
 
168,181

 
 
SunTrust Banks, Inc.
 
Common and preferred stock 3,900 shares
 
167,076

 
 
John B. Sanfilippo & Son, Inc.
 
Common and preferred stock 3,025 shares
 
163,441

 
 
Exar Corporation
 
Common and preferred stock 26,500 shares
 
162,445

 
 
Scorpio Tankers Inc.
 
Common and preferred stock 19,830 shares
 
159,037

 
 
State Bank Financial Corporation
 
Common and preferred stock 7,440 shares
 
156,463

 
 
Libbey, Inc.
 
Common and preferred stock 7,290 shares
 
155,423

 
 
Verifone Systems, Inc.
 
Common and preferred stock 5,425 shares
 
152,009

 
 
Navistar International Corporation
 
Common and preferred stock 17,000 shares
 
150,280

 
 
Orbital ATK Inc.
 
Common and preferred stock 1,618 shares
 
144,552

 
 
ICF International, Inc.
 
Common and preferred stock 4,020 shares
 
142,951

 
 
Equity Commonwealth
 
Common and preferred stock 5,140 shares
 
142,532

 
 
Northfield Bancorp Inc.
 
Common and preferred stock 8,930 shares
 
142,166

 
 
Carmike Cinemas Inc.
 
Common and preferred stock 6,190 shares
 
141,999

 
 
Bruker Corporation
 
Common and preferred stock 5,660 shares
 
137,368

 
 
Employers Holdings, Inc.
 
Common and preferred stock 5,030 shares
 
137,319

 
 
Investors Bancorp, Inc.
 
Common and preferred stock 10,830 shares
 
134,725

 

20
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
Maiden Holdings Limited
 
Common and preferred stock 8,940 shares
 
133,295

 
 
Meridian Bancorp, Inc.
 
Common and preferred stock 9,300 shares
 
131,130

 
 
Louisiana-Pacific Corporation
 
Common and preferred stock 7,255 shares
 
130,663

 
 
ON Semiconductor Corporation
 
Common and preferred stock 13,300 shares
 
130,340

 
 
Bunge Limited
 
Common and preferred stock 1,900 shares
 
129,732

 
 
Trinity Biotech plc
 
Common and preferred stock 10,880 shares
 
127,949

 
 
Albany International Corporation Class A
 
Common and preferred stock 3,480 shares
 
127,194

 
 
Inter Parfums, Inc.
 
Common and preferred stock 5,335 shares
 
127,080

 
 
Euronet Worldwide, Inc.
 
Common and preferred stock 1,750 shares
 
126,753

 
 
Catchmark Timber Trust, Inc.
 
Common and preferred stock 11,200 shares
 
126,672

 
 
Unum Group
 
Common and preferred stock 3,800 shares
 
126,502

 
 
Bed Bath & Beyond Inc.
 
Common and preferred stock 2,600 shares
 
125,450

 
 
Matthews International Corporation Class A
 
Common and preferred stock 2,330 shares
 
124,539

 
 
Marvell Technology Group Limited
 
Common and preferred stock 14,000 shares
 
123,480

 
 
Popular, Inc.
 
Common and preferred stock 4,310 shares
 
122,145

 
 
Kennedy-Wilson Holdings, Inc.
 
Common and preferred stock 5,060 shares
 
121,845

 
 
PHH Corporation
 
Common and preferred stock 7,500 shares
 
121,500

 
 
Barrett Bill Corporation
 
Common and preferred stock 30,510 shares
 
119,904

 
 
Cedar Realty Trust, Inc.
 
Common and preferred stock 16,890 shares
 
119,581

 
 
CNO Financial Group, Inc.
 
Common and preferred stock 6,250 shares
 
119,313

 
 
FreightCar America, Inc.
 
Common and preferred stock 6,050 shares
 
117,552

 
 
Gramercy Property Trust
 
Common and preferred stock 15,120 shares
 
116,724

 
 
Heritage Financial Corporation
 
Common and preferred stock 6,180 shares
 
116,431

 
 
Ingram Micro Inc. Class A
 
Common and preferred stock 3,800 shares
 
115,444

 
 
News Corporation Class A
 
Common and preferred stock 8,500 shares
 
113,560

 
 
Hess Corporation LLC
 
Common and preferred stock 2,300 shares
 
111,504

 
 
Central Pacific Financial Corporation
 
Common and preferred stock 5,050 shares
 
111,201

 
 
Landec Corporation
 
Common and preferred stock 9,300 shares
 
110,019

 
 
Avery Dennison Corporation
 
Common and preferred stock 1,725 shares
 
108,089

 
 
Discovery Communications Inc. Series A
 
Common and preferred stock 3,900 shares
 
104,052

 
 
CDW Corporation
 
Common and preferred stock 2,400 shares
 
100,896

 
 
United Community Bank Blairsville Georgia
 
Common and preferred stock 5,150 shares
 
100,374

 
 
Yadkin Financial Corporation
 
Common and preferred stock 3,950 shares
 
99,422

 
 
National Bank Holdings Corporation Class A
 
Common and preferred stock 4,550 shares
 
97,234

 
 
Fulton Financial Corporation
 
Common and preferred stock 7,200 shares
 
93,672

 
 
Ultratech, Inc.
 
Common and preferred stock 4,670 shares
 
92,559

 
 
Reinsurance Group of America, Inc.
 
Common and preferred stock 1,080 shares
 
92,394

 
 
Colony Starwood Homes
 
Common and preferred stock 4,050 shares
 
91,692

 
 
Range Resources Corporation
 
Common and preferred stock 3,700 shares
 
91,057

 
 
Embraer SA
 
Common and preferred stock 3,000 shares
 
88,620

 
 
Tutor Perini Corporation
 
Common and preferred stock 5,280 shares
 
88,387

 
 
Seritage Growth Properties Class A
 
Common and preferred stock 2,160 shares
 
86,875

 
 
Marathon Oil Corporation
 
Common and preferred stock 6,900 shares
 
86,871

 
 
Deltic Timber Corporation
 
Common and preferred stock 1,475 shares
 
86,833

 
 
FBR & Co. formerly FBR Capital Markets Corporation
 
Common and preferred stock 4,280 shares
 
85,172

 
 
Teradata Corporation
 
Common and preferred stock 3,200 shares
 
84,544

 
 
Alleghany Corporation
 
Common and preferred stock 170 shares
 
81,248

 
 
Chesapeake Utilities Corporation
 
Common and preferred stock 1,430 shares
 
81,153

 
 
The Geo Group, Inc.
 
Common and preferred stock 2,800 shares
 
80,948

 
 
Pitney Bowes Inc.
 
Common and preferred stock 3,890 shares
 
80,329

 
 
Pacific Ethanol, Inc.
 
Common and preferred stock 16,770 shares
 
80,161

 
 
Rouse Properties, Inc.
 
Common and preferred stock 5,420 shares
 
78,915

 
 
Ameris Bancorp
 
Common and preferred stock 2,215 shares
 
75,288

 

21
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
Gulfport Energy Corporation
 
Common and preferred stock 3,000 shares
 
73,710

 
 
Symantec Corporation
 
Common and preferred stock 3,500 shares
 
73,500

 
 
Ciber, Inc.
 
Common and preferred stock 19,730 shares
 
69,252

 
 
FelCor Lodging Trust Inc.
 
Common and preferred stock 9,200 shares
 
67,160

 
 
Orion Marine Group, Inc.
 
Common and preferred stock 15,880 shares
 
66,220

 
 
Portland General Electric Company
 
Common and preferred stock 1,740 shares
 
63,284

 
 
Primoris Services Corporation
 
Common and preferred stock 2,860 shares
 
63,006

 
 
Fifth Third Bancorp
 
Common and preferred stock 3,100 shares
 
62,310

 
 
Titan Machinery Inc.
 
Common and preferred stock 5,650 shares
 
61,755

 
 
QAD Inc. Class A
 
Common and preferred stock 2,980 shares
 
61,150

 
 
Fidelity National Financial, Inc.
 
Common and preferred stock 5,370 shares
 
60,305

 
 
ARC Document Solutions Inc.
 
Common and preferred stock 12,940 shares
 
57,195

 
 
Santander Consumer USA Holdings, Inc.
 
Common and preferred stock 3,600 shares
 
57,060

 
 
Xcerra Corporation
 
Common and preferred stock 9,300 shares
 
56,265

 
 
Staples, Inc.
 
Common and preferred stock 5,900 shares
 
55,873

 
 
Approach Resources Inc.
 
Common and preferred stock 30,140 shares
 
55,458

 
 
Sequential Brands Group, Inc.
 
Common and preferred stock 7,000 shares
 
55,370

 
 
Best Buy Co., Inc.
 
Common and preferred stock 1,800 shares
 
54,810

 
 
Callaway Golf Company
 
Common and preferred stock 5,740 shares
 
54,071

 
 
Navigator Holdings Limited
 
Common and preferred stock 3,910 shares
 
53,372

 
 
Digi International Inc.
 
Common and preferred stock 4,650 shares
 
52,917

 
 
ALLETE Inc.
 
Common and preferred stock 1,040 shares
 
52,863

 
 
Applied Micro Circuits Corporation
 
Common and preferred stock 8,120 shares
 
51,724

 
 
KEYW Holding Corporation
 
Common and preferred stock 8,520 shares
 
51,290

 
 
KBR, Inc.
 
Common and preferred stock 3,010 shares
 
50,929

 
 
Generac Holdings Inc.
 
Common and preferred stock 1,700 shares
 
50,609

 
 
Westmoreland Coal Company
 
Common and preferred stock 8,550 shares
 
50,274

 
 
The Hanover Insurance Group, Inc.
 
Common and preferred stock 610 shares
 
49,617

 
 
Tetra Tech, Inc.
 
Common and preferred stock 6,550 shares
 
49,256

 
 
Engility Holdings, Inc.
 
Common and preferred stock 1,510 shares
 
49,045

 
 
Matrix Service Company
 
Common and preferred stock 2,310 shares
 
47,447

 
 
Ardmore Shipping Corporation
 
Common and preferred stock 3,690 shares
 
46,937

 
 
PNM Resources, Inc.
 
Common and preferred stock 1,490 shares
 
45,549

 
 
Covanta Holding Corporation
 
Common and preferred stock 2,890 shares
 
44,766

 
 
Air Transport Services Group, Inc.
 
Common and preferred stock 4,390 shares
 
44,251

 
 
Iridium Communications Inc.
 
Common and preferred stock 5,240 shares
 
44,068

 
 
Ascena Retail Group Inc.
 
Common and preferred stock 4,430 shares
 
43,636

 
 
Carpenter Technology Corporation
 
Common and preferred stock 1,420 shares
 
42,983

 
 
Office Depot, Inc.
 
Common and preferred stock 7,500 shares
 
42,300

 
 
Enstar Group Ltd.
 
Common and preferred stock 280 shares
 
42,011

 
 
Kearny Financial Corporation
 
Common and preferred stock 3,300 shares
 
41,811

 
 
Rowan Companies plc
 
Common and preferred stock 2,400 shares
 
40,680

 
 
Super Com Limited
 
Common and preferred stock 7,490 shares
 
39,098

 
 
Empire District Electronic Company
 
Common and preferred stock 1,380 shares
 
38,737

 
 
NovaGold Resources Inc.
 
Common and preferred stock 9,130 shares
 
38,437

 
 
Zions Bancorporation
 
Common and preferred stock 1,400 shares
 
38,220

 
 
PPL Corporation
 
Common and preferred stock 1,100 shares
 
37,543

 
 
Plantronics, Inc.
 
Common and preferred stock 790 shares
 
37,462

 
 
Allegheny Technologies Inc.
 
Common and preferred stock 3,320 shares
 
37,350

 
 
Two Harbors Investment Corporation
 
Common and preferred stock 4,600 shares
 
37,260

 
 
Crocs, Inc.
 
Common and preferred stock 3,550 shares
 
36,352

 
 
Allison Transmission Holdings, Inc.
 
Common and preferred stock 1,400 shares
 
36,246

 
 
Rent-A-Center, Inc.
 
Common and preferred stock 2,400 shares
 
35,928

 

22
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)


 
Identity of Issue
 
Description of Investment
 
Current Value
 
Landauer Inc.
 
Common and preferred stock 1,080 shares
 
35,554

 
 
XPO Logistics, Inc.
 
Common and preferred stock 1,300 shares
 
35,425

 
 
Cummins Inc.
 
Common and preferred stock 400 shares
 
35,204

 
 
First Foundation Inc.
 
Common and preferred stock 1,470 shares
 
34,677

 
 
Corrections Corporation of America
 
Common and preferred stock 1,300 shares
 
34,437

 
 
Werner Enterprises, Inc.
 
Common and preferred stock 1,460 shares
 
34,149

 
 
THL Credit, Inc.
 
Common and preferred stock 3,020 shares
 
32,314

 
 
Stealthgas Inc.
 
Common and preferred stock 9,360 shares
 
32,105

 
 
Finisar Corporation
 
Common and preferred stock 2,160 shares
 
31,406

 
 
Mercury Systems, Inc.
 
Common and preferred stock 1,710 shares
 
31,396

 
 
Tribune Publishing Company
 
Common and preferred stock 3,320 shares
 
30,610

 
 
McDermott International, Inc.
 
Common and preferred stock 9,000 shares
 
30,150

 
 
Lumentum Holdings Inc.
 
Common and preferred stock 1,256 shares
 
27,657

 
 
Comstock Resources, Inc.
 
Common and preferred stock 14,500 shares
 
27,115

 
 
Alere Inc. formerly Inverness Medical Innovations, Inc.
 
Common and preferred stock 610 shares
 
23,845

 
 
Cadiz Inc.
 
Common and preferred stock 4,480 shares
 
23,565

 
 
Scorpio Bulkers Inc.
 
Common and preferred stock 2,209 shares
 
21,849

 
 
Destination XL Group, Inc.
 
Common and preferred stock 3,930 shares
 
21,694

 
 
Computer Task Group Inc.
 
Common and preferred stock 3,080 shares
 
20,390

 
 
Hatteras Financial Corporation
 
Common and preferred stock 1,470 shares
 
19,331

 
 
Celadon Group, Inc.
 
Common and preferred stock 1,590 shares
 
15,725

 
 
Shoe Carnival, Inc.
 
Common and preferred stock 640 shares
 
14,848

 
 
Freshpet, Inc.
 
Common and preferred stock 1,380 shares
 
11,716

 
 
Xura, Inc.
 
Common and preferred stock 400 shares
 
9,832

 
 
Rand Logistics, Inc.
 
Common and preferred stock 6,060 shares
 
9,696

 
 
LifePoint Hospitals, Inc.
 
Common and preferred stock 100 shares
 
7,340

 
 
Fidelity and Guaranty Life
 
Common and preferred stock 270 shares
 
6,850

 
 
Bravo Brio Restaurant Group, Inc.
 
Common and preferred stock 210 shares
 
1,890

 
 Total Small-Mid Cap Value Asset Class
 
 
 
 
25,944,268

 
 
 
 
 
 
 
 Notes Receivable from Participants*
 
Interest rates 4.25% - 12.66%
 
 
15,201,879

 
 
 
 
 
 
 
 Other:
 
 
 
 
 
 
BIF Money Fund*
 
Cash and cash equivalents
 
12,067

 
 
NT Collective Short Term Investment Fund*
 
Collective trust fund 8,015 units
 
8,015

 
 
 
 
 
 
 
20,082

 
 
 
 
 
 
$
337,089,411

 
 
 
 
 
 
 
 
* Indicates party-in-interest
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


23


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 15, 2016
 
 
By:
 
/s/ DAVID W. MELINE
 
 
 
 
 
 
David W. Meline
 
 
 
 
 
 
Deputy Chairman and Chief Financial Officer
 
 
 
 
 
 
Amgen Manufacturing, Limited

24


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

25