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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
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Washington, D.C. 20549
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FORM 11-K
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(Mark One)
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(X)
ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE
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SECURITIES EXCHANGE ACT OF 1934
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For the fiscal year ended December 31, 2018
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OR
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( )
TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE
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SECURITIES EXCHANGE ACT OF 1934
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For the transition period from ____________ to ____________
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Commission file number 1-4174
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A. Full title of the plan:
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The Williams Investment Plus Plan
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B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:
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The Williams Companies, Inc.
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One Williams Center
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Tulsa, Oklahoma 74172
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THE WILLIAMS INVESTMENT PLUS PLAN
INDEX TO FINANCIAL STATEMENTS
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Audited financial statements
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Supplemental schedule
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EX – 23
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Report of Independent Registered Public Accounting Firm
To the Plan Participants and the Plan Administrator of
The Williams Investment Plus Plan
Opinion on the Financial Statements
We have audited the accompanying statements of net assets available for benefits of The Williams Investment Plus Plan (the Plan) as of December 31, 2018 and 2017, and the related statement of changes in net assets available for benefits for the year ended December 31, 2018, 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, 2018 and 2017, and the changes in its net assets available for benefits for the year ended December 31, 2018, 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, 2018, 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 1998.
Tulsa, Oklahoma
June 13, 2019
THE WILLIAMS INVESTMENT PLUS PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
December 31, 2018 and 2017
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2018
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2017
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Assets:
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Investments (at fair value)
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$
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1,258,236,161
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$
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1,370,333,954
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Notes receivable from participants
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22,444,423
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22,818,203
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Non-interest bearing cash
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8,745
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94,938
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Receivables
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1,025,760
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882,739
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Total assets
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1,281,715,089
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1,394,129,834
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Liabilities:
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Accrued liabilities
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2,815,577
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1,072,518
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Total liabilities
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2,815,577
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1,072,518
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Net assets available for benefits
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$
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1,278,899,512
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$
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1,393,057,316
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See accompanying notes.
THE WILLIAMS INVESTMENT PLUS PLAN
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
Year Ended December 31, 2018
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Additions to net assets:
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Contributions:
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Participant
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$
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52,774,812
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Employer
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34,480,001
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Rollovers
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7,375,875
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Total contributions
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94,630,688
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Net investment income (loss):
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Net decrease in fair value of investments
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(69,713,376
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)
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Dividends
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13,501,642
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Interest
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328,943
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Total net investment loss
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(55,882,791
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)
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Interest income on notes receivable from participants
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1,137,213
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Total additions to net assets
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39,885,110
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Deductions from net assets:
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Withdrawals
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151,462,739
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Administrative expenses
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2,499,508
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Dividend distributions
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80,667
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Total deductions from net assets
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154,042,914
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Net decrease during the year
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(114,157,804
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)
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Net assets available for benefits at beginning of year
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1,393,057,316
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Net assets available for benefits at end of year
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$
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1,278,899,512
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See accompanying notes.
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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DECEMBER 31, 2018
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Note 1--Description of plan
The information included below regarding The Williams Investment Plus Plan (the “Plan”) provides only a general description of the Plan. Participants should refer to the Plan document, as amended and restated, and Summary Plan Description for a more complete description of the Plan’s provisions.
General
The Plan is a defined contribution plan maintained for the benefit of substantially all employees of The Williams Companies, Inc., and its participating subsidiaries (collectively, “Williams” or “Employer”) as provided in the Plan. A small amount of the Plan is an employee stock ownership plan (“ESOP”) and includes shares of Williams common stock held in the Transtock and Williams Companies Employee Stock Ownership Plan (“WESOP”) Accounts, as defined in the Plan.
The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). The Plan is intended to constitute a plan described in Section 404(c) of ERISA and Title 29 of the Code of Federal Regulations Section 2550.404c-1, and the fiduciaries of the Plan may be relieved of liability for any losses that are the direct and necessary result of investment instructions given by a participant or beneficiary.
Administration
The Administrative Committee is the Plan administrator. The Investment Committee has the responsibility to monitor the performance of the trustee, investment funds and investment managers, and select, remove, and replace the trustee, any investment fund and any investment manager. The Benefits Committee has the authority and responsibility with respect to overriding the terms of the Plan which require the availability of common stock issued by The Williams Companies, Inc. The Benefits Committee, in its settlor capacity, may amend the Plan, provided it is a nonmaterial amendment as detailed in the Plan. Fidelity Management Trust Company (“FMTC”) is the trustee and record keeper. Additionally, Fidelity Investments Institutional Operations Company, Inc., provides certain other record keeping services for the Plan.
Contributions
Each eligible participant has employee contribution accounts consisting primarily of, as applicable, a Pre-Tax Account, as well as various after-tax contribution accounts, Roth accounts, catchup accounts, rollover contribution accounts, and employer contribution accounts. Certain participants may also have additional contribution accounts, as applicable.
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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DECEMBER 31, 2018
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Each eligible employee participant may contribute from 1 percent to a maximum of 50 percent of their eligible compensation per pay period on a pre-tax and/or Roth basis. The maximum pre-tax and/or Roth contribution percentage for Highly Compensated Employees is subject to periodic adjustment in order to meet discrimination testing requirements and certain annual maximum statutory limits imposed by the Internal Revenue Service (“IRS”). The Employer will contribute an amount equal to 100 percent of each participant’s contribution per pay period up to a maximum of 6 percent of their eligible compensation. In addition, the Plan allows for discretionary Employer contributions. No such discretionary Employer contributions were made in 2018.
Additionally, the Plan includes an automatic enrollment feature. Eligible participants who do not make an affirmative election to contribute or an affirmative election not to contribute within 60 days of hire are automatically enrolled in the Plan. If automatically enrolled, 3 percent of the participant’s eligible compensation is withheld on a pre-tax basis and invested in the default investment option designated by the Investment Committee. The participant has the right to change the contribution percentage, elect to discontinue contributions to the Plan, or make investment changes at any time.
During 2018, the Plan was amended to provide for an Employer Fixed Annual Contribution effective January 1, 2019. Williams will contribute 4.5 percent of eligible compensation for certain eligible employee participants. Beginning with the 2019 Plan year, eligible employees hired or rehired on or after January 1, 2019, will be eligible to receive the 4.5 percent Employer Fixed Annual Contribution. For the 2020 Plan year, eligible employees under age 40 as of December 31, 2019, and hired prior to January 1, 2019, will also be eligible to receive the 4.5 percent Employer Fixed Annual Contribution. The Employer Fixed Annual Contribution will be made after the end of each Plan year and eligible employees generally must be an active employee at year-end to receive this contribution, with exceptions for retirement, disability, and death.
Participants may elect to invest in various investment options provided they allocate their contribution in multiples of 1 percent and subject to certain other restrictions. Investment options include common/collective trusts, common stocks including common stocks held within separately managed accounts, mutual funds, and a self-directed brokerage fund. A participant may change their investment election at any time. Participants may also exchange or rebalance any investment in their Plan account in accordance with the Plan’s investment provisions.
The Plan does not allow participants’ contributions, including employer and employee contributions, loan payments, and rollovers to be made or invested in shares of Williams common stock. A small amount of Williams common stock continues to be held in the Transtock and WESOP Accounts within the Plan’s Legacy WMB Stock Fund. Dividend payments on Williams common stock not passed through to the participant continue to be reinvested in additional shares of Williams common stock until the participant elects to receive such dividends in cash. Additionally, the fund comprised of common stock of Chesapeake Energy Company (“Chesapeake”), which transferred to the Plan from the former Access Midstream Partners GP, LLC 401(k) Savings Plan that was merged into the Plan in 2014, is closed to new investments, including contributions and exchanges.
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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DECEMBER 31, 2018
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Additionally, dividend payments on the Chesapeake common stock, if applicable, are reinvested in additional shares of Chesapeake common stock.
Vesting
Participants have a nonforfeitable vested interest in the current fair value of the assets purchased with their contributions. Eligible participants become 20 percent vested in the employer contributions made on their behalf after one year of service as defined by the Plan. Such vesting increases an additional 20 percent for each year of service, and participants become 100 percent vested upon five years of service. In addition, a participant may become totally vested in their account by reason of their death, total and permanent disability, attainment of age 65, eligibility to receive early retirement benefits under a pension plan of Williams, reduction in work force, complete discontinuance of employer contributions, or termination or partial termination of the Plan. Upon certain sales of assets or companies, participants that have an involuntary termination of employment as a result of such sale are also 100 percent vested.
Employer contributions that are not vested at the time a participant withdraws from the Plan by reason of termination of employment, other than permanent job elimination or permanent reduction in work force, are used for certain items as specified in the Plan document, including the reduction of future employer contributions and payment of Plan expenses. During 2018, employer contributions were reduced by $459 thousand from forfeited nonvested accounts.
Distributions and in-service withdrawals
Participants are entitled to receive the vested portion of their account when they cease to be an employee of Williams for any reason including retirement. Upon termination of service, a participant has distribution options available as outlined in the Plan.
Generally, the payment of benefits under the Plan shall be made in cash. However, with respect to amounts held in the Plan’s common stock funds, the participant may request payment of benefits under the Plan in the common stock held within such funds.
Eligible employee participants may request a partial withdrawal from the Plan of their rollover contribution accounts and a portion, as defined in the Plan document, of their Prior Plans After-Tax Account. Eligible employee participants may make two such withdrawals during any Plan year and are not suspended from participation in the Plan following such a withdrawal.
Outstanding loans will reduce the amount available for partial withdrawals.
Eligible participants who have completed two years of service and who are employees may request an additional in-service withdrawal from the Plan. The amount available for this withdrawal is calculated as defined in the Plan, but in no event shall it exceed the vested portion of the participant’s Employer Matching Contribution Account, Employer Cash Contribution Account, and the balance of the After-Tax Account. Outstanding loans will reduce the amount available for
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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DECEMBER 31, 2018
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additional in-service withdrawals. Upon electing an additional in-service withdrawal, a participant is suspended from participation in the Plan for three months. Only one such withdrawal may be made every 12 months.
A participant who is at least age 59½ may request a post-59½ withdrawal from the Plan. The withdrawal can include the vested portion of certain of the participant’s employer and employee contribution accounts. Outstanding loans will reduce the amount available for post-59½ withdrawals. Such withdrawal may be requested at any time and does not cause the participant to be suspended from the Plan.
An eligible employee participant who has a balance in a WESOP Account or Transtock Account may withdraw such balance at any time. Such withdrawal does not cause the participant to be suspended from the Plan.
Withdrawals from an eligible employee participant’s Pre-Tax Account and Roth Account before age 59½ may be made if the participant has suffered a financial hardship condition, as defined in the Plan. Upon electing a financial hardship withdrawal, a participant is suspended from participation in the Plan for six months. Effective January 1, 2019, eligible employees electing a financial hardship withdrawal are no longer suspended from participation in the Plan, nor are they required to obtain a Plan loan before requesting a financial hardship withdrawal.
A participant who is under age 59½ and is totally and permanently disabled, as defined in the Plan, may make a withdrawal from the eligible amounts in their Pre-Tax Account and Roth Account or request a full distribution from the Plan.
Participant loans
The Plan permits eligible employee participants to obtain up to two loans from their account balances within specified limitations. Participants may borrow from their fund accounts a minimum of $1,000 up to a maximum equal to the lesser of $50,000 reduced by the aggregate of the highest outstanding balances of such loans during the immediately preceding 12-month period, or 50 percent of their vested balance. Loan terms may not exceed 58 months unless the loan is for the purchase of a primary residence, in which case the loan term may not exceed 25 years. Periodic principal and interest payments are reinvested according to the participant’s current investment election on file. The interest rate is equal to the prime rate of interest plus one percentage point or such other rate as the Administrative Committee shall specify. Principal and interest is paid ratably through payroll deductions. If the participant’s employment is terminated, the participant may continue to make principal and interest payments subject to certain limitations. Participants may make additional partial payments of the loan at any time and in such form as required by the record keeper.
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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DECEMBER 31, 2018
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Other
Each participant has their own individual account. Contributions and investment earnings are recorded to individual participant accounts. Plan investments are valued daily. The fair value per share of each fund is multiplied by the number of shares of the fund held in the participant’s account to arrive at their account balance.
Net investment income (loss), including the net change in fair value of investments, on assets held in allocated accounts is applied to the individual participant accounts based on each participant’s account balances.
The ESOP allows for the election of dividend pass-through, which are cash dividends paid directly to participants, for the dividends received on the shares of Williams common stock held within the Plan’s ESOP.
While the Compensation and Management Development Committee of the Williams Board of Directors has not expressed any intent to terminate the Plan, it may do so, in its settlor capacity, at any time. In the event of any Plan termination, assets of the Plan will be distributed in accordance with the Plan document.
Note 2--Summary of significant accounting policies
Basis of accounting
The accompanying financial statements of the Plan are prepared on the accrual basis of accounting. However, benefit payments to participants are recorded when paid.
Notes receivable from participants
Notes receivable from participants are measured at their unpaid principal balance plus any estimated accrued and unpaid interest. No allowance for credit losses has been recorded as of December 31, 2018 or 2017. If a participant ceases to make loan repayments and the plan administrator deems the participant loan to be a distribution, the participant loan balance is reduced, and a withdrawal is recorded.
Use of estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires the Plan’s Administrative Committee to make estimates that affect the amounts reported in the financial statements, accompanying notes, and supplemental schedule. Actual results could differ from those estimates.
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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DECEMBER 31, 2018
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Risks and uncertainties
The Plan provides for various investment securities. Investment securities, in general, are exposed to various risks, such as interest rate, credit, and overall market volatility risk. Due to the level of risk associated with certain investment securities, it is reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect the amounts reported in the Statements of Net Assets Available for Benefits and participants’ account balances.
Investment valuation and income recognition
The Plan’s investments are stated at fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A discussion of fair value measurements is included in Note 3.
Purchases and sales of securities are recorded on a trade-date basis, which may result in amounts due to or from brokers related to unsettled trades. Dividend income is recorded on the ex-dividend date. Net increase (decrease) in fair value of investments includes the Plan’s gains and losses on investments bought and sold as well as held during the year.
Contributions
Participant contributions are recorded when Williams makes payroll deductions from eligible Plan participants. Employer contributions are accrued in the period in which they become obligations of Williams.
Administrative expenses
Certain administrative expenses, including audit and legal fees, of the Plan are paid by Williams.
Note 3--Fair value measurements
The fair value hierarchy prioritizes the inputs used to measure fair value, giving the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1 measurement) and the lowest priority to unobservable inputs (Level 3 measurement). Fair value balances are classified based on the observability of those inputs. The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.
The Plan’s Level 1 investments primarily consist of mutual funds, common stocks, and money market funds that are traded on U.S. exchanges, as well as interest-bearing cash. The Plan’s Level 2 investments primarily consist of common stocks traded on foreign exchanges, certificates of
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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DECEMBER 31, 2018
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deposit, and government and corporate bonds. The Plan’s Level 3 investments consist of a private placement common stock that is not traded on an exchange.
The fair values of common stocks traded on U.S. exchanges and exchange-traded funds within the self-directed brokerage fund are derived from quoted market prices as of the close of business on the last business day of the Plan year. The fair value of common stocks traded on foreign exchanges are also derived from quoted market prices as of the close of business on an active foreign exchange on the last business day of the Plan year. The valuation requires translation of the foreign currency to U.S. dollars, and the foreign exchange rate used in the translation is considered an observable input to the valuation. Shares of money market funds and mutual funds are valued at fair value based on published market prices as of the close of business on the last business day of the Plan year, which represent the net asset values (“NAV”) of the shares held by the Plan. The carrying value of interest-bearing cash approximates fair value because of the short-term nature of this investment. The units of the common/collective trusts are valued at fair value using the NAV practical expedient as determined by the issuer based on the current fair values of the underlying assets of the fund (see Note 4). There have been no significant changes in the preceding valuation methodologies used at December 31, 2018 and 2017.
The valuation methods described above may produce a fair value that may not be indicative of net realizable value or reflective of future fair values. The use of different methodologies or assumptions to determine fair value of certain financial instruments could result in a different fair value measurement at the reporting date.
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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DECEMBER 31, 2018
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The following table sets forth, by level within the fair value hierarchy, the Plan’s assets that are measured at fair value as of December 31, 2018 and 2017, with the exception of the common/collective trusts measured at fair value using the NAV practical expedient. The fair value for the common/collective trusts are provided to permit reconciliation of the fair value hierarchy to the amounts presented in the Statements of Net Assets Available for Benefits.
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Level 1
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Level 2
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Level 3
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Total
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2018:
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Interest-bearing cash
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$
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5,668,544
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$
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—
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$
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—
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$
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5,668,544
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Mutual funds
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175,201,766
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—
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—
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175,201,766
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Self-directed brokerage fund
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74,387,664
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3,283,737
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—
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77,671,401
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Common stocks
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353,806,887
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4,755,814
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463,021
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359,025,722
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$
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609,064,861
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$
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8,039,551
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$
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463,021
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617,567,433
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Common/collective trusts
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640,668,728
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Total investments at fair value
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$
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1,258,236,161
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2017:
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Interest-bearing cash
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$
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3,786,766
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$
|
—
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$
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—
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$
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3,786,766
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Mutual funds
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190,639,612
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—
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—
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190,639,612
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Self-directed brokerage fund
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81,830,238
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1,870,486
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—
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83,700,724
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Common stocks
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382,138,686
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5,191,370
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—
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387,330,056
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$
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658,395,302
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$
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7,061,856
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$
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—
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665,457,158
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Common/collective trusts
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|
704,876,796
|
|
|
Total investments at fair value
|
|
|
|
|
|
$
|
1,370,333,954
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
|
|
NOTES TO FINANCIAL STATEMENTS
|
|
DECEMBER 31, 2018
|
Note 4--Common/collective trusts
The Plan holds investments in several common/collective trusts that invest primarily in mutual funds, fixed income securities, and international equity securities. These common/collective trusts have no unfunded commitments. Generally, participant-directed redemptions occur daily. In some cases, FMTC may require up to ten days to settle these redemptions. However, FMTC may require additional notice for redemptions directed by a plan sponsor.
Additionally, the Plan holds an investment in the Fidelity Managed Income Portfolio II Fund (“MIP II Fund”), a common/collective trust, which is managed by FMTC as trustee (“MIP II Fund Trustee”). Participant-directed withdrawals of MIP II Fund units may be made on any business day. Participant-directed exchanges to another investment option may be made on any business day as long as the exchange is not directed into a competing fund (money market funds or certain other types of fixed income funds). Transferred amounts must be held in a noncompeting investment option for 90 days before subsequent transfers to a competing fund may occur. Withdrawals directed by a plan sponsor must be preceded by 12-months written notice to the MIP II Fund Trustee. The MIP II Fund Trustee may in its discretion complete any such plan-level withdrawals before the expiration of such 12-month period. Additionally, the MIP II Fund Trustee may defer completing a withdrawal directed by a participant or plan sponsor where doing so might adversely affect the MIP II Fund portfolio. The MIP II Fund Trustee shall make the payments available as quickly as cash flows and prudent portfolio management permit.
Note 5--Transactions with parties-in-interest
Certain investments held by the Plan are managed by the trustee. Additionally, certain investments held within the Plan are in Williams common stock. Therefore, these transactions qualify as party-in-interest transactions. These transactions are exempt from the prohibited transaction rules.
Note 6--Tax status and federal income taxes
The Plan has received a determination letter from the IRS dated July 24, 2015, stating that the Plan, as amended, is qualified under Section 401(a) of the Internal Revenue Code (the “Code”) and, therefore, the related trust is exempt from taxation. Subsequent to this determination by the IRS, the Plan has been further amended. Once qualified, the Plan is required to operate in conformity with the Code to maintain its qualified status. The Plan administrator has indicated it will take the necessary steps, if any, to maintain the Plan’s compliance with the Code.
Plan management is required by generally accepted accounting principles to evaluate uncertain tax positions taken by the Plan. The financial statement impact of a tax position must be recognized when the position is more likely than not, based on its technical merits, to be sustained upon examination by the IRS. As of December 31, 2018 and 2017, there are no uncertain positions taken or expected to be taken.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
|
|
NOTES TO FINANCIAL STATEMENTS
|
|
DECEMBER 31, 2018
|
Note 7--Differences between financial statements and Form 5500
The following is a reconciliation of Net Assets Available for Benefits per the financial statements to the Form 5500 at December 31:
|
|
|
|
|
|
|
|
|
|
|
|
|
2018
|
|
2017
|
|
Net assets available for benefits per the financial statements
|
$
|
1,278,899,512
|
|
|
$
|
1,393,057,316
|
|
|
Amounts allocated to withdrawing participants
|
—
|
|
|
(53,870
|
)
|
|
Net assets available for benefits per the Form 5500
|
$
|
1,278,899,512
|
|
|
$
|
1,393,003,446
|
|
The following is a reconciliation of Net decrease during the year per the Statement of Changes in Net Assets Available for Benefits to net income (loss) per the Form 5500 for the year ended December 31, 2018:
|
|
|
|
|
|
|
|
Net decrease during the year
|
$
|
(114,157,804
|
)
|
|
Add: Amounts allocated to withdrawing participants at December 31, 2017
|
53,870
|
|
|
Net income (loss) per Form 5500
|
$
|
(114,103,934
|
)
|
Amounts allocated to withdrawing participants are recorded on the Form 5500 for benefit payments that have been processed and approved for payment prior to December 31, but not yet paid as of that date.
SUPPLEMENTAL SCHEDULE
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2018
|
|
|
|
|
|
|
|
|
|
|
(a)
|
(b) Identity of issue, borrower, lessor,
or similar party
|
(c) Description of investment including maturity date,
rate of interest, collateral, par, or maturity value
|
(d) Cost**
|
(e) Current value
|
|
|
|
|
|
|
|
|
Common/Collective Trusts
|
|
|
|
|
*
|
Fidelity
|
Fidelity Managed Income Portfolio II – 89,066,538 shares
|
|
$
|
89,066,538
|
|
|
*
|
Fidelity
|
Fidelity Diversified International Commingled Pool – 4,836,467 shares
|
|
53,491,322
|
|
|
|
Prudential
|
Prudential Core Plus Bond Fund Class 5 – 291,442 shares
|
|
46,954,189
|
|
|
|
Vanguard
|
Vanguard Target Retirement Income Trust I – 292,479 shares
|
|
14,697,082
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2015 Trust I – 137,243 shares
|
|
6,838,815
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2020 Trust I – 1,763,966 shares
|
|
89,662,397
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2025 Trust I – 1,069,402 shares
|
|
54,186,601
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2030 Trust I – 2,086,588 shares
|
|
105,727,402
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2035 Trust I – 485,477 shares
|
|
24,914,686
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2040 Trust I – 1,435,666 shares
|
|
75,401,187
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2045 Trust I – 411,694 shares
|
|
21,568,658
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2050 Trust I – 826,441 shares
|
|
43,553,455
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2055 Trust I – 167,950 shares
|
|
10,792,469
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2060 Trust I – 104,303 shares
|
|
3,519,196
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2065 Trust I – 14,197 shares
|
|
294,731
|
|
|
|
|
|
|
640,668,728
|
|
|
|
Registered Investment Companies
|
|
|
|
|
PIMCO
|
PIMCO Real Return Fund Institutional Class – 669,616 shares
|
|
7,071,145
|
|
|
*
|
Fidelity
|
Fidelity U.S. Bond Index Fund – 874,392 shares
|
|
9,863,147
|
|
|
|
Vanguard
|
Vanguard Extended Market Index Fund Institutional Shares – 263,298 shares
|
|
19,929,000
|
|
|
|
Vanguard
|
Vanguard Institutional Index Fund Institutional Plus Shares – 547,934 shares
|
|
124,693,377
|
|
|
|
Vanguard
|
Vanguard Total International Stock Index Fund Institutional Shares – 127,825 shares
|
|
12,969,087
|
|
|
|
|
|
|
174,525,756
|
|
|
|
|
|
|
|
|
|
Common Stock
|
|
|
|
|
|
Chesapeake Energy Co.
|
Common stock – 440,953 shares
|
|
926,002
|
|
|
*
|
The Williams Companies, Inc.
|
Common stock – 323,915 shares
|
|
7,144,736
|
|
|
|
|
|
|
8,070,738
|
|
|
|
|
|
|
|
|
|
Investments held in Separately Managed Accounts
|
|
|
|
|
Macquarie U.S. Large Cap Value Equity Portfolio:
|
|
|
|
|
Interest-bearing Cash:
|
|
|
|
|
BROWN BROTHERS HARRIMAN
|
Short-term bank deposit
|
|
3,323,731
|
|
|
|
|
|
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2018
|
|
|
|
|
|
|
|
|
|
|
(a)
|
(b) Identity of issue, borrower, lessor,
or similar party
|
(c) Description of investment including maturity date,
rate of interest, collateral, par, or maturity value
|
(d) Cost**
|
(e) Current value
|
|
|
Common Stock:
|
|
|
|
|
ABBOTT LABORATORIES
|
Common stock – 30,553 shares
|
|
2,209,898
|
|
|
|
ALLSTATE CORPORATION
|
Common stock – 19,358 shares
|
|
1,599,551
|
|
|
|
AMERICAN INTERNATIONAL GROUP
|
Common stock – 40,900 shares
|
|
1,611,869
|
|
|
|
ARCHER DANIELS MIDLAND CO
|
Common stock – 42,315 shares
|
|
1,733,646
|
|
|
|
AT&T INC
|
Common stock – 63,182 shares
|
|
1,803,214
|
|
|
|
BANK OF NEW YORK MELLON CORP
|
Common stock – 37,396 shares
|
|
1,760,230
|
|
|
|
BB&T CORP
|
Common stock – 38,400 shares
|
|
1,663,488
|
|
|
|
CARDINAL HEALTH INC
|
Common stock – 39,320 shares
|
|
1,753,672
|
|
|
|
CIGNA CORP
|
Common stock – 9,786 shares
|
|
1,858,557
|
|
|
|
CISCO SYSTEMS INC
|
Common stock – 44,946 shares
|
|
1,947,510
|
|
|
|
CONOCOPHILLIPS
|
Common stock – 30,497 shares
|
|
1,901,488
|
|
|
|
CVS HEALTH CORP
|
Common stock – 29,884 shares
|
|
1,958,000
|
|
|
|
DOLLAR TREE INC
|
Common stock – 23,100 shares
|
|
2,086,392
|
|
|
|
DOWDUPONT INC
|
Common stock – 32,456 shares
|
|
1,735,747
|
|
|
|
EDISON INTL
|
Common stock – 33,400 shares
|
|
1,896,118
|
|
|
|
EQUITY RESIDENTIAL REIT
|
Common stock – 30,489 shares
|
|
2,012,579
|
|
|
|
HALLIBURTON CO
|
Common stock – 60,911 shares
|
|
1,619,014
|
|
|
|
INTEL CORP
|
Common stock – 37,834 shares
|
|
1,775,550
|
|
|
|
JOHNSON & JOHNSON
|
Common stock – 14,518 shares
|
|
1,873,548
|
|
|
|
LOWES COS INC
|
Common stock – 22,214 shares
|
|
2,051,685
|
|
|
|
MARATHON OIL CORP
|
Common stock – 107,220 shares
|
|
1,537,535
|
|
|
|
MARSH & MCLENNAN COS INC
|
Common stock – 24,575 shares
|
|
1,959,856
|
|
|
|
MERCK & CO INC NEW
|
Common stock – 28,749 shares
|
|
2,196,711
|
|
|
|
MONDELEZ INTERNATIONAL INC
|
Common stock – 51,502 shares
|
|
2,061,625
|
|
|
|
NORTHROP GRUMMAN CORP
|
Common stock – 6,593 shares
|
|
1,614,626
|
|
|
|
OCCIDENTAL PETROLEUM CORP
|
Common stock – 25,200 shares
|
|
1,546,776
|
|
|
|
ORACLE CORP
|
Common stock – 40,838 shares
|
|
1,843,836
|
|
|
|
PFIZER INC
|
Common stock – 51,798 shares
|
|
2,260,983
|
|
|
|
QUEST DIAGNOSTICS INC
|
Common stock – 19,612 shares
|
|
1,633,091
|
|
|
|
RAYTHEON CO
|
Common stock – 11,009 shares
|
|
1,688,230
|
|
|
|
VERIZON COMMUNICATIONS INC
|
Common stock – 36,222 shares
|
|
2,036,401
|
|
|
|
WASTE MANAGEMENT INC
|
Common stock – 24,052 shares
|
|
2,140,387
|
|
|
|
|
|
|
|
|
|
LSV U.S. Small/Mid Cap Value Equity Portfolio:
|
|
|
|
|
Interest-bearing Cash:
|
|
|
|
|
BROWN BROTHERS HARRIMAN
|
Short-term bank deposit
|
|
396,719
|
|
|
|
Common Stock:
|
|
|
|
|
AARONS INC A
|
Common stock – 3,600 shares
|
|
151,380
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2018
|
|
|
|
|
|
|
|
|
|
|
(a)
|
(b) Identity of issue, borrower, lessor,
or similar party
|
(c) Description of investment including maturity date,
rate of interest, collateral, par, or maturity value
|
(d) Cost**
|
(e) Current value
|
|
|
AIR LEASE CORP CL A
|
Common stock – 9,100 shares
|
|
274,911
|
|
|
|
ALLISON TRANSMISSION HLDGS INC
|
Common stock – 6,500 shares
|
|
285,415
|
|
|
|
AMC NETWORKS INC CL A
|
Common stock – 3,600 shares
|
|
197,568
|
|
|
|
AMERICAN FINL GROUP INC OHIO
|
Common stock – 2,000 shares
|
|
181,060
|
|
|
|
APPLE HOSPITALITY REIT INC
|
Common stock – 12,500 shares
|
|
178,250
|
|
|
|
ARROW ELECTRONICS INC
|
Common stock – 4,700 shares
|
|
324,065
|
|
|
|
ASSURED GUARANTY LTD
|
Common stock – 7,600 shares
|
|
290,928
|
|
|
|
AVNET INC
|
Common stock – 5,600 shares
|
|
202,160
|
|
|
|
AXIS CAPITAL HOLDINGS LTD
|
Common stock – 5,500 shares
|
|
284,020
|
|
|
|
BANKUNITED INC
|
Common stock – 7,100 shares
|
|
212,574
|
|
|
|
BEAZER HOMES USA INC
|
Common stock – 15,200 shares
|
|
144,096
|
|
|
|
BED BATH & BEYOND INC
|
Common stock – 5,400 shares
|
|
61,128
|
|
|
|
BERKSHIRE HILLS BANCORP INC
|
Common stock – 6,400 shares
|
|
172,608
|
|
|
|
BIG 5 SPORTING GOODS CORP
|
Common stock – 1,100 shares
|
|
2,849
|
|
|
|
BLOCK H & R INC
|
Common stock – 7,300 shares
|
|
185,201
|
|
|
|
BLOOMIN BRANDS INC
|
Common stock – 2,800 shares
|
|
50,092
|
|
|
|
BORGWARNER INC
|
Common stock – 4,600 shares
|
|
159,804
|
|
|
|
BRAEMAR HOTELS & RESORTS INC
|
Common stock – 11,700 shares
|
|
104,481
|
|
|
|
BRIXMOR PPTY GROUP INC
|
Common stock – 17,000 shares
|
|
249,730
|
|
|
|
C N A FINANCIAL CORP
|
Common stock – 10,700 shares
|
|
472,405
|
|
|
|
CABOT CORP
|
Common stock – 2,900 shares
|
|
124,526
|
|
|
|
CAMDEN NATIONAL CORP
|
Common stock – 7,300 shares
|
|
262,581
|
|
|
|
CARRIZO OIL & GAS INC
|
Common stock – 9,600 shares
|
|
108,384
|
|
|
|
CHATHAM LODGING TRUST
|
Common stock – 12,200 shares
|
|
215,696
|
|
|
|
CHEMOURS CO/ THE
|
Common stock – 4,000 shares
|
|
112,880
|
|
|
|
CIENA CORP
|
Common stock – 9,500 shares
|
|
322,145
|
|
|
|
CIRRUS LOGIC INC
|
Common stock – 5,800 shares
|
|
192,444
|
|
|
|
CIT GROUP INC
|
Common stock – 6,400 shares
|
|
244,928
|
|
|
|
CITY OFFC REIT INC
|
Common stock – 15,100 shares
|
|
154,775
|
|
|
|
CNO FINANCIAL GROUP INC
|
Common stock – 16,200 shares
|
|
241,056
|
|
|
|
COMMUNITY TRUST BANCORP INC
|
Common stock – 700 shares
|
|
27,727
|
|
|
|
COOPER STANDARD HOLDING INC
|
Common stock – 2,200 shares
|
|
136,664
|
|
|
|
CORECIVIC INC
|
Common stock – 8,000 shares
|
|
142,640
|
|
|
|
CORENERGY INFRASTR TR INC
|
Common stock – 4,800 shares
|
|
158,784
|
|
|
|
CROWN HOLDINGS INC
|
Common stock – 1,000 shares
|
|
41,570
|
|
|
|
CUSTOMERS BANCORP INC
|
Common stock – 7,500 shares
|
|
136,500
|
|
|
|
DANA INC
|
Common stock – 8,800 shares
|
|
119,944
|
|
|
|
DELUXE CORP
|
Common stock – 4,300 shares
|
|
165,292
|
|
|
|
DILLARDS INC CL A
|
Common stock – 2,900 shares
|
|
174,899
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2018
|
|
|
|
|
|
|
|
|
|
|
(a)
|
(b) Identity of issue, borrower, lessor,
or similar party
|
(c) Description of investment including maturity date,
rate of interest, collateral, par, or maturity value
|
(d) Cost**
|
(e) Current value
|
|
|
DIME COMMUNITY BANCSHARES INC
|
Common stock – 16,200 shares
|
|
275,076
|
|
|
|
DIODES INC
|
Common stock – 4,500 shares
|
|
145,170
|
|
|
|
DOMTAR CORP
|
Common stock – 7,600 shares
|
|
266,988
|
|
|
|
EASTMAN CHEMICAL CO
|
Common stock – 5,900 shares
|
|
431,349
|
|
|
|
ENTERGY CORP
|
Common stock – 4,700 shares
|
|
404,529
|
|
|
|
FEDERAL AGRI MTG NON VTG CL C
|
Common stock – 4,200 shares
|
|
253,848
|
|
|
|
FINANCIAL INSTITUTIONS INC
|
Common stock – 5,000 shares
|
|
128,500
|
|
|
|
FIRST AMERICAN FINANCIAL CORP
|
Common stock – 6,400 shares
|
|
285,696
|
|
|
|
FIRST DEFIANCE FINL CORP
|
Common stock – 10,000 shares
|
|
245,100
|
|
|
|
FIRSTENERGY CORP
|
Common stock – 11,400 shares
|
|
428,070
|
|
|
|
FLEX LTD
|
Common stock – 7,960 shares
|
|
60,576
|
|
|
|
FRANKLIN STREET PPTYS CORP
|
Common stock – 14,600 shares
|
|
90,958
|
|
|
|
GATX CORP
|
Common stock – 400 shares
|
|
28,324
|
|
|
|
GLOBAL BRASS &COPPER HLDG INC
|
Common stock – 7,700 shares
|
|
193,655
|
|
|
|
GOODYEAR TIRE & RUBBER CO
|
Common stock – 10,000 shares
|
|
204,100
|
|
|
|
GOVERNMENT PPTYS INCOME TRUST
|
Common stock – 12,600 shares
|
|
86,562
|
|
|
|
GREAT SOUTHERN BANCORP INC
|
Common stock – 4,500 shares
|
|
207,135
|
|
|
|
HANMI FINANCIAL CORPORATION
|
Common stock – 4,900 shares
|
|
96,530
|
|
|
|
HAVERTY FURNITURE COS INC
|
Common stock – 8,200 shares
|
|
153,996
|
|
|
|
HAWAIIAN HLDGS INC
|
Common stock – 5,900 shares
|
|
155,819
|
|
|
|
HOLLYFRONTIER CORP
|
Common stock – 3,700 shares
|
|
189,144
|
|
|
|
HOPE BANCORP INC
|
Common stock – 16,800 shares
|
|
199,248
|
|
|
|
HOSPITALITY PROPERTY TR REIT
|
Common stock – 13,500 shares
|
|
322,380
|
|
|
|
HUNTINGTON INC W/I
|
Common stock – 1,140 shares
|
|
216,953
|
|
|
|
HUNTSMAN CORP
|
Common stock – 17,900 shares
|
|
345,291
|
|
|
|
INDUSTRIAL LOGISTICS PPTY TR
|
Common stock – 7,587 shares
|
|
149,236
|
|
|
|
JABIL INC
|
Common stock – 13,400 shares
|
|
332,186
|
|
|
|
JAZZ PHARMA PLC
|
Common stock – 700 shares
|
|
86,772
|
|
|
|
JERNIGAN CAPITAL INC
|
Common stock – 7,300 shares
|
|
144,686
|
|
|
|
JETBLUE AIRWAYS CORP
|
Common stock – 13,500 shares
|
|
216,810
|
|
|
|
JUNIPER NETWORKS INC
|
Common stock – 11,700 shares
|
|
314,847
|
|
|
|
KELLY SERVICES INC CL A
|
Common stock – 6,500 shares
|
|
133,120
|
|
|
|
KOHLS CORP
|
Common stock – 5,300 shares
|
|
351,602
|
|
|
|
KRATON CORP
|
Common stock – 5,300 shares
|
|
115,752
|
|
|
|
LANNETT INC
|
Common stock – 6,900 shares
|
|
34,224
|
|
|
|
LANTHEUS HLDGS INC
|
Common stock – 12,500 shares
|
|
195,625
|
|
|
|
LAREDO PETROLEUM INC
|
Common stock – 22,000 shares
|
|
79,640
|
|
|
|
LAZARD LTD CL A
|
Common stock – 6,800 shares
|
|
250,988
|
|
|
|
LEAR CORP NEW
|
Common stock – 1,800 shares
|
|
221,148
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2018
|
|
|
|
|
|
|
|
|
|
|
(a)
|
(b) Identity of issue, borrower, lessor,
or similar party
|
(c) Description of investment including maturity date,
rate of interest, collateral, par, or maturity value
|
(d) Cost**
|
(e) Current value
|
|
|
LEGG MASON INC
|
Common stock – 6,400 shares
|
|
163,264
|
|
|
|
LEXINGTON REALTY TRUST REIT
|
Common stock – 24,900 shares
|
|
204,429
|
|
|
|
M D C HOLDINGS INC
|
Common stock – 9,600 shares
|
|
269,856
|
|
|
|
MACK CALI REALTY CORP REIT
|
Common stock – 5,600 shares
|
|
109,704
|
|
|
|
MAIDEN HLDGS LTD
|
Common stock – 13,500 shares
|
|
22,275
|
|
|
|
MALLINCKRODT PLC
|
Common stock – 7,900 shares
|
|
124,820
|
|
|
|
MANPOWERGROUP INC
|
Common stock – 4,400 shares
|
|
285,120
|
|
|
|
MCDERMOTT INTL INC
|
Common stock – 14,000 shares
|
|
91,560
|
|
|
|
MEDICAL PPTY TR INC
|
Common stock – 22,100 shares
|
|
355,368
|
|
|
|
MERITOR INC
|
Common stock – 18,000 shares
|
|
304,380
|
|
|
|
MGIC INVESTMENT CORP
|
Common stock – 30,100 shares
|
|
314,846
|
|
|
|
MICHAEL KORS HOLDINGS LTD
|
Common stock – 5,200 shares
|
|
197,184
|
|
|
|
MILLER HERMAN INC
|
Common stock – 9,800 shares
|
|
296,450
|
|
|
|
MURPHY USA INC
|
Common stock – 400 shares
|
|
30,656
|
|
|
|
NAVIENT CORP
|
Common stock – 16,900 shares
|
|
148,889
|
|
|
|
NCR CORP
|
Common stock – 6,500 shares
|
|
150,020
|
|
|
|
NELNET INC CL A
|
Common stock – 3,000 shares
|
|
157,020
|
|
|
|
NEW MOUNTAIN FINANCE CORP
|
Common stock – 16,800 shares
|
|
211,344
|
|
|
|
NEWFIELD EXPLORATION CO
|
Common stock – 9,300 shares
|
|
136,338
|
|
|
|
NEWTEK BUSINESS SERVICES CORP
|
Common stock – 9,100 shares
|
|
158,704
|
|
|
|
OFFICE DEPOT INC
|
Common stock – 41,700 shares
|
|
107,586
|
|
|
|
OMEGA HEALTHCARE INVESTORS INC
|
Common stock – 7,000 shares
|
|
246,050
|
|
|
|
ON SEMICONDUCTOR CORP
|
Common stock – 21,900 shares
|
|
361,569
|
|
|
|
OSHKOSH CORP
|
Common stock – 3,300 shares
|
|
202,323
|
|
|
|
OWENS AND MINOR INC
|
Common stock – 9,100 shares
|
|
57,603
|
|
|
|
OWENS CORNING INC
|
Common stock – 6,700 shares
|
|
294,666
|
|
|
|
OWENS ILLINOIS INC
|
Common stock – 14,200 shares
|
|
244,808
|
|
|
|
PACKAGING CORP OF AMERICA
|
Common stock – 1,200 shares
|
|
100,152
|
|
|
|
PBF ENERGY INC CL A
|
Common stock – 9,200 shares
|
|
300,564
|
|
|
|
PENNANTPARK INVESTMENT CORP
|
Common stock – 23,300 shares
|
|
148,421
|
|
|
|
PENSKE AUTOMOTIVE GROUP INC
|
Common stock – 4,300 shares
|
|
173,376
|
|
|
|
PIEDMONT OFFICE REALTY TRUST A
|
Common stock – 9,900 shares
|
|
168,696
|
|
|
|
PROSPECT CAPITAL CORP FD
|
Common stock – 27,200 shares
|
|
171,632
|
|
|
|
PULTEGROUP INC
|
Common stock – 6,300 shares
|
|
163,737
|
|
|
|
RADIAN GROUP INC
|
Common stock – 12,000 shares
|
|
196,320
|
|
|
|
REGAL BELOIT CORP
|
Common stock – 3,300 shares
|
|
231,165
|
|
|
|
REGIONAL MANAGEMENT CORP
|
Common stock – 6,500 shares
|
|
156,325
|
|
|
|
REINSURANCE GROUP OF AMERICA
|
Common stock – 2,300 shares
|
|
322,529
|
|
|
|
RETAIL VALUE INC
|
Common stock – 925 shares
|
|
23,671
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2018
|
|
|
|
|
|
|
|
|
|
|
(a)
|
(b) Identity of issue, borrower, lessor,
or similar party
|
(c) Description of investment including maturity date,
rate of interest, collateral, par, or maturity value
|
(d) Cost**
|
(e) Current value
|
|
|
SABRA HEALTHCARE REIT INC
|
Common stock – 17,079 shares
|
|
281,462
|
|
|
|
SANMINA CORP
|
Common stock – 7,900 shares
|
|
190,074
|
|
|
|
SCANA CORP
|
Common stock – 3,400 shares
|
|
162,452
|
|
|
|
SCANSOURCE INC
|
Common stock – 3,400 shares
|
|
116,892
|
|
|
|
SELECT INCOME REIT
|
Common stock – 15,100 shares
|
|
111,136
|
|
|
|
SIGNET JEWELERS LTD (US)
|
Common stock – 2,400 shares
|
|
76,248
|
|
|
|
SITE CENTERS CORP
|
Common stock – 9,250 shares
|
|
102,398
|
|
|
|
SONIC AUTOMOTIVE INC CL A
|
Common stock – 10,100 shares
|
|
138,976
|
|
|
|
SOUTHWESTERN ENERGY CO
|
Common stock – 32,000 shares
|
|
109,120
|
|
|
|
SPIRIT AEROSYSTEM HLD INC CL A
|
Common stock – 5,800 shares
|
|
418,122
|
|
|
|
SPIRIT MTA REIT W/I
|
Common stock – 3,030 shares
|
|
21,604
|
|
|
|
SPIRIT RLTY CAP INC
|
Common stock – 6,060 shares
|
|
213,615
|
|
|
|
STEELCASE INC CLASS A
|
Common stock – 18,600 shares
|
|
275,838
|
|
|
|
STONERIDGE INC
|
Common stock – 5,400 shares
|
|
133,110
|
|
|
|
SYNNEX CORP
|
Common stock – 1,313 shares
|
|
106,143
|
|
|
|
TCF FINANCIAL CORPORATION
|
Common stock – 21,000 shares
|
|
409,290
|
|
|
|
THE CHILDRENS PLACE INC
|
Common stock – 500 shares
|
|
45,045
|
|
|
|
TOWER INTERNATIONAL INC
|
Common stock – 8,400 shares
|
|
199,920
|
|
|
|
TRINSEO SA
|
Common stock – 6,000 shares
|
|
274,680
|
|
|
|
TRITON INTERNATIONAL LTD
|
Common stock – 4,004 shares
|
|
124,404
|
|
|
|
TTM TECHNOLOGIES INC
|
Common stock – 17,700 shares
|
|
172,221
|
|
|
|
UNITED RENTALS INC
|
Common stock – 2,400 shares
|
|
246,072
|
|
|
|
UNITED STATES STEEL CORP
|
Common stock – 4,600 shares
|
|
83,904
|
|
|
|
UNITED THERAPEUTICS CORP DEL
|
Common stock – 2,300 shares
|
|
250,470
|
|
|
|
UNUM GROUP
|
Common stock – 9,300 shares
|
|
273,234
|
|
|
|
US SILICA HOLDINGS INC
|
Common stock – 5,600 shares
|
|
57,008
|
|
|
|
VEREIT INC
|
Common stock – 38,900 shares
|
|
278,135
|
|
|
|
VILLAGE SUPER MKT INC CL A NEW
|
Common stock – 6,700 shares
|
|
179,158
|
|
|
|
VISHAY INTERTECHNOLOGY INC
|
Common stock – 16,100 shares
|
|
289,961
|
|
|
|
VOYA FINANCIAL INC
|
Common stock – 4,800 shares
|
|
192,672
|
|
|
|
W&T OFFSHORE INC
|
Common stock – 27,800 shares
|
|
114,536
|
|
|
|
WABASH NATIONAL CORP
|
Common stock – 12,600 shares
|
|
164,808
|
|
|
|
WALKER & DUNLOP INC
|
Common stock – 3,800 shares
|
|
164,350
|
|
|
|
WASHINGTON PRIME GROUP INC
|
Common stock – 42,200 shares
|
|
205,092
|
|
|
|
WEIS MARKETS INC
|
Common stock – 3,800 shares
|
|
181,564
|
|
|
|
WESTROCK CO
|
Common stock – 5,800 shares
|
|
219,008
|
|
|
|
WHIRLPOOL CORP
|
Common stock – 1,100 shares
|
|
117,557
|
|
|
|
WILLIAMS-SONOMA INC
|
Common stock – 3,900 shares
|
|
196,755
|
|
|
|
WORLD FUEL SERVICES CORP
|
Common stock – 5,500 shares
|
|
117,755
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2018
|
|
|
|
|
|
|
|
|
|
|
(a)
|
(b) Identity of issue, borrower, lessor,
or similar party
|
(c) Description of investment including maturity date,
rate of interest, collateral, par, or maturity value
|
(d) Cost**
|
(e) Current value
|
|
|
WYNDHAM DESTINATIONS INC
|
Common stock – 2,000 shares
|
|
71,680
|
|
|
|
XEROX CORP
|
Common stock – 8,825 shares
|
|
174,382
|
|
|
|
ZIONS BANCORP
|
Common stock – 6,100 shares
|
|
248,514
|
|
|
|
|
|
|
|
|
|
T. Rowe Price U.S. Large-Cap Core Growth Equity Portfolio:
|
|
|
|
|
Interest-bearing Cash:
|
|
|
|
|
BROWN BROTHERS HARRIMAN
|
Short-term bank deposit
|
|
328,394
|
|
|
|
Registered Investment Company:
|
|
|
|
*
|
T ROWE PRICE
|
T Rowe Price Government Reserve Fund - 676,010 shares
|
|
676,010
|
|
|
|
Common Stock:
|
|
|
|
|
ABBOTT LABORATORIES
|
Common stock – 9,580 shares
|
|
692,921
|
|
|
|
ACTIVISION BLIZZARD INC
|
Common stock – 7,222 shares
|
|
336,329
|
|
|
|
AGILENT TECHNOLOGIES INC
|
Common stock – 2,403 shares
|
|
162,106
|
|
|
|
AIR PRODUCTS & CHEMICALS INC
|
Common stock – 1,088 shares
|
|
174,134
|
|
|
|
ALASKA AIR GROUP INC
|
Common stock – 4,210 shares
|
|
256,179
|
|
|
|
ALEXION PHARMACEUTICALS INC
|
Common stock – 12,839 shares
|
|
1,250,005
|
|
|
|
ALIBABA GROUP HLD LTD SPON ADR
|
Common stock – 44,834 shares
|
|
6,145,396
|
|
|
|
ALPHABET INC CL A
|
Common stock – 3,313 shares
|
|
3,461,953
|
|
|
|
ALPHABET INC CL C
|
Common stock – 9,005 shares
|
|
9,325,668
|
|
|
|
AMAZON.COM INC
|
Common stock – 13,998 shares
|
|
21,024,576
|
|
|
|
AMERICAN AIRLINES GROUP INC
|
Common stock – 9,049 shares
|
|
290,563
|
|
|
|
AMERICAN INTERNATIONAL GROUP
|
Common stock – 7,294 shares
|
|
287,457
|
|
|
|
AMERICAN TOWER CORP
|
Common stock – 451 shares
|
|
71,344
|
|
|
|
AMERIPRISE FINANCIAL INC
|
Common stock – 86 shares
|
|
8,976
|
|
|
|
ANT INTL CO CLASS C PP
|
Common stock – 82,535 shares
|
|
463,021
|
|
|
|
ANTHEM INC
|
Common stock – 12,123 shares
|
|
3,183,864
|
|
|
|
APPLE INC
|
Common stock – 6,558 shares
|
|
1,034,459
|
|
|
|
APTIV PLC
|
Common stock – 16,492 shares
|
|
1,015,412
|
|
|
|
AUTOMATIC DATA PROCESSING INC
|
Common stock – 1,300 shares
|
|
170,456
|
|
|
|
BALL CORP
|
Common stock – 7,943 shares
|
|
365,219
|
|
|
|
BECTON DICKINSON & CO
|
Common stock – 18,682 shares
|
|
4,209,428
|
|
|
|
BIOGEN INC
|
Common stock – 16 shares
|
|
4,815
|
|
|
|
BOEING CO
|
Common stock – 25,044 shares
|
|
8,076,690
|
|
|
|
BROADCOM INC
|
Common stock – 694 shares
|
|
176,470
|
|
|
|
CANADIAN PAC RAILWAY LTD
|
Common stock – 2,754 shares
|
|
489,165
|
|
|
|
CANADIAN PACIFIC RAIL LTD (US)
|
Common stock – 468 shares
|
|
83,126
|
|
|
|
CELGENE CORP
|
Common stock – 133 shares
|
|
8,524
|
|
|
|
CENTENE CORP
|
Common stock – 10,121 shares
|
|
1,166,951
|
|
|
|
CHUBB LTD
|
Common stock – 2,900 shares
|
|
374,622
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2018
|
|
|
|
|
|
|
|
|
|
|
(a)
|
(b) Identity of issue, borrower, lessor,
or similar party
|
(c) Description of investment including maturity date,
rate of interest, collateral, par, or maturity value
|
(d) Cost**
|
(e) Current value
|
|
|
CIGNA CORP
|
Common stock – 19,129 shares
|
|
3,632,980
|
|
|
|
CINTAS CORP
|
Common stock – 1,316 shares
|
|
221,075
|
|
|
|
CITIGROUP INC
|
Common stock – 700 shares
|
|
36,442
|
|
|
|
CONSTELLATION BRANDS INC CL A
|
Common stock – 500 shares
|
|
80,410
|
|
|
|
CORNING INC
|
Common stock – 1,454 shares
|
|
43,925
|
|
|
|
COSTAR GROUP INC
|
Common stock – 479 shares
|
|
161,586
|
|
|
|
CSX CORP
|
Common stock – 14,103 shares
|
|
876,219
|
|
|
|
CTRIP.COM INTL LTD ADR
|
Common stock – 400 shares
|
|
10,824
|
|
|
|
DANAHER CORP
|
Common stock – 20,900 shares
|
|
2,155,208
|
|
|
|
DELTA AIR INC
|
Common stock – 17,896 shares
|
|
893,010
|
|
|
|
DOLLAR GENERAL CORP
|
Common stock – 19,234 shares
|
|
2,078,811
|
|
|
|
DOWDUPONT INC
|
Common stock – 800 shares
|
|
42,784
|
|
|
|
ELECTRONIC ARTS INC
|
Common stock – 1,954 shares
|
|
154,190
|
|
|
|
FACEBOOK INC CL A
|
Common stock – 61,455 shares
|
|
8,056,136
|
|
|
|
FERRARI NV
|
Common stock – 2,119 shares
|
|
210,713
|
|
|
|
FIDELITY NATL INFORM SVCS INC
|
Common stock – 11,183 shares
|
|
1,146,817
|
|
|
|
FISERV INC
|
Common stock – 20,427 shares
|
|
1,501,180
|
|
|
|
FLEETCOR TECHNOLOGIES INC
|
Common stock – 1,880 shares
|
|
349,154
|
|
|
|
FORTIVE CORP
|
Common stock – 11,736 shares
|
|
794,058
|
|
|
|
GLOBAL PAYMENTS INC
|
Common stock – 22,338 shares
|
|
2,303,718
|
|
|
|
GOLDMAN SACHS GROUP INC
|
Common stock – 100 shares
|
|
16,705
|
|
|
|
HARRIS CORP
|
Common stock – 6,095 shares
|
|
820,692
|
|
|
|
HCA HEALTHCARE INC
|
Common stock – 4,351 shares
|
|
541,482
|
|
|
|
HILTON WORLDWIDE HOLDINGS INC
|
Common stock – 10,802 shares
|
|
775,584
|
|
|
|
HONEYWELL INTL INC
|
Common stock – 9,357 shares
|
|
1,236,247
|
|
|
|
HUMANA INC
|
Common stock – 4,711 shares
|
|
1,349,607
|
|
|
|
IAC/INTERACTIVECORP
|
Common stock – 2,700 shares
|
|
494,208
|
|
|
|
IHS MARKIT LTD
|
Common stock – 1,000 shares
|
|
47,970
|
|
|
|
ILLUMINA INC
|
Common stock – 836 shares
|
|
250,741
|
|
|
|
INTERCONTINENTAL EXCHANGE INC
|
Common stock – 20,987 shares
|
|
1,580,951
|
|
|
|
INTUIT INC
|
Common stock – 17,280 shares
|
|
3,401,568
|
|
|
|
INTUITIVE SURGICAL INC
|
Common stock – 7,513 shares
|
|
3,598,126
|
|
|
|
JPMORGAN CHASE & CO
|
Common stock – 7,433 shares
|
|
725,609
|
|
|
|
KANSAS CITY SOUTHERN
|
Common stock – 977 shares
|
|
93,255
|
|
|
|
L3 TECHNOLOGIES INC
|
Common stock – 207 shares
|
|
35,948
|
|
|
|
LAM RESEARCH CORP
|
Common stock – 250 shares
|
|
34,043
|
|
|
|
LILLY (ELI) & CO
|
Common stock – 13,423 shares
|
|
1,553,310
|
|
|
|
MARRIOTT INTERNATIONAL INC A
|
Common stock – 11,828 shares
|
|
1,284,048
|
|
|
|
MARSH & MCLENNAN COS INC
|
Common stock – 4,379 shares
|
|
349,225
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2018
|
|
|
|
|
|
|
|
|
|
|
(a)
|
(b) Identity of issue, borrower, lessor,
or similar party
|
(c) Description of investment including maturity date,
rate of interest, collateral, par, or maturity value
|
(d) Cost**
|
(e) Current value
|
|
|
MASTERCARD INC CL A
|
Common stock – 32,236 shares
|
|
6,081,321
|
|
|
|
MAXIM INTEGRATED PRODUCTS INC
|
Common stock – 18,184 shares
|
|
924,656
|
|
|
|
MCDONALDS CORP
|
Common stock – 5,596 shares
|
|
993,682
|
|
|
|
MERCK & CO INC NEW
|
Common stock – 11,602 shares
|
|
886,509
|
|
|
|
MICROCHIP TECHNOLOGY
|
Common stock – 408 shares
|
|
29,343
|
|
|
|
MICROSOFT CORP
|
Common stock – 118,902 shares
|
|
12,076,876
|
|
|
|
MORGAN STANLEY
|
Common stock – 56,693 shares
|
|
2,247,877
|
|
|
|
MOTOROLA SOLUTIONS INC
|
Common stock – 1,000 shares
|
|
115,040
|
|
|
|
NETFLIX INC
|
Common stock – 9,796 shares
|
|
2,621,997
|
|
|
|
NEXTERA ENERGY
|
Common stock – 100 shares
|
|
17,382
|
|
|
|
NORFOLK SOUTHERN CORP
|
Common stock – 958 shares
|
|
143,259
|
|
|
|
NORTHERN TRUST CORP
|
Common stock – 300 shares
|
|
25,077
|
|
|
|
NORTHROP GRUMMAN CORP
|
Common stock – 5,924 shares
|
|
1,450,788
|
|
|
|
NORWEGIAN CRUISE LINE HLGS LTD
|
Common stock – 4,887 shares
|
|
207,160
|
|
|
|
NVIDIA CORP
|
Common stock – 4,545 shares
|
|
606,758
|
|
|
|
PAYPAL HLDGS INC
|
Common stock – 42,829 shares
|
|
3,601,491
|
|
|
|
PFIZER INC
|
Common stock – 5,000 shares
|
|
218,250
|
|
|
|
PHILIP MORRIS INTL INC
|
Common stock – 335 shares
|
|
22,365
|
|
|
|
PROGRESSIVE CORP OHIO
|
Common stock – 3,960 shares
|
|
238,907
|
|
|
|
RAYMOND JAMES FINANCIAL INC.
|
Common stock – 2,881 shares
|
|
214,375
|
|
|
|
RED HAT INC
|
Common stock – 2,035 shares
|
|
357,427
|
|
|
|
RESTAURANT BRANDS INTRNTNL INC
|
Common stock – 10,418 shares
|
|
544,861
|
|
|
|
ROPER TECHNOLOGIES INC
|
Common stock – 5,903 shares
|
|
1,573,268
|
|
|
|
ROSS STORES INC
|
Common stock – 22,687 shares
|
|
1,887,558
|
|
|
|
ROYAL CARIBBEAN CRUISES LTD
|
Common stock – 10,318 shares
|
|
1,008,997
|
|
|
|
S&P GLOBAL INC
|
Common stock – 3,371 shares
|
|
572,868
|
|
|
|
SALESFORCE.COM INC
|
Common stock – 31,957 shares
|
|
4,377,150
|
|
|
|
SCHWAB CHARLES CORP
|
Common stock – 40,067 shares
|
|
1,663,983
|
|
|
|
SEMPRA ENERGY
|
Common stock – 2,510 shares
|
|
271,557
|
|
|
|
SERVICENOW INC
|
Common stock – 19,962 shares
|
|
3,554,234
|
|
|
|
SHERWIN WILLIAMS CO
|
Common stock – 1,173 shares
|
|
461,529
|
|
|
|
SPLUNK INC
|
Common stock – 8,914 shares
|
|
934,633
|
|
|
|
STATE STREET CORP
|
Common stock – 2,282 shares
|
|
143,926
|
|
|
|
STRYKER CORP
|
Common stock – 25,962 shares
|
|
4,069,544
|
|
|
|
TD AMERITRADE HOLDING CORP
|
Common stock – 64,535 shares
|
|
3,159,634
|
|
|
|
TENCENT HOLDINGS LTD
|
Common stock – 118,600 shares
|
|
4,755,814
|
|
|
|
TESLA INC
|
Common stock – 7,580 shares
|
|
2,522,624
|
|
|
|
TEXAS INSTRUMENTS INC
|
Common stock – 11,083 shares
|
|
1,047,344
|
|
|
|
THE BOOKING HOLDINGS INC
|
Common stock – 3,638 shares
|
|
6,266,164
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2018
|
|
|
|
|
|
|
|
|
|
|
(a)
|
(b) Identity of issue, borrower, lessor,
or similar party
|
(c) Description of investment including maturity date,
rate of interest, collateral, par, or maturity value
|
(d) Cost**
|
(e) Current value
|
|
|
THERMO FISHER SCIENTIFIC INC
|
Common stock – 10,351 shares
|
|
2,316,450
|
|
|
|
ULTA BEAUTY INC
|
Common stock – 530 shares
|
|
129,765
|
|
|
|
UNION PACIFIC CORP
|
Common stock – 2,421 shares
|
|
334,655
|
|
|
|
UNITED CONTINENTAL HLDGS INC
|
Common stock – 12,535 shares
|
|
1,049,556
|
|
|
|
UNITEDHEALTH GROUP INC
|
Common stock – 27,222 shares
|
|
6,781,545
|
|
|
|
VERTEX PHARMACEUTICALS INC
|
Common stock – 21,386 shares
|
|
3,543,874
|
|
|
|
VISA INC CL A
|
Common stock – 55,745 shares
|
|
7,354,995
|
|
|
|
VMWARE INC CL A
|
Common stock – 6,533 shares
|
|
895,870
|
|
|
|
WELLCARE HEALTH PLANS INC
|
Common stock – 4,572 shares
|
|
1,079,403
|
|
|
|
WILLIS TOWERS WATSON PLC
|
Common stock – 10,947 shares
|
|
1,662,411
|
|
|
|
WORKDAY INC CL A
|
Common stock – 15,462 shares
|
|
2,468,972
|
|
|
|
WORLDPAY INC
|
Common stock – 13,768 shares
|
|
1,052,288
|
|
|
|
WYNN RESORTS LTD
|
Common stock – 257 shares
|
|
25,420
|
|
|
|
XILINX INC
|
Common stock – 4,926 shares
|
|
419,547
|
|
|
|
XYLEM INC
|
Common stock – 1,600 shares
|
|
106,752
|
|
|
|
YUM BRANDS INC
|
Common stock – 10,245 shares
|
|
941,720
|
|
|
|
ZOETIS INC CL A
|
Common stock – 2,000 shares
|
|
171,080
|
|
|
|
|
|
|
|
|
|
William Blair U.S. Small/Mid Cap Growth Equity Portfolio:
|
|
|
|
|
Interest-bearing Cash:
|
|
|
|
|
BROWN BROTHERS HARRIMAN
|
Short-term bank deposit
|
|
1,619,700
|
|
|
|
Common Stock:
|
|
|
|
|
2U INC
|
Common stock – 8,715 shares
|
|
433,310
|
|
|
|
ADTALEM GLOBAL EDUCATION INC
|
Common stock – 24,802 shares
|
|
1,173,631
|
|
|
|
ASPEN TECHNOLOGIES
|
Common stock – 7,546 shares
|
|
620,130
|
|
|
|
AXALTA COATING SYSTEMS LTD
|
Common stock – 18,515 shares
|
|
433,621
|
|
|
|
BALL CORP
|
Common stock – 29,632 shares
|
|
1,362,479
|
|
|
|
BOOZ ALLEN HAMILTON HLDG CL A
|
Common stock – 29,755 shares
|
|
1,341,058
|
|
|
|
BRIGHTSPHERE INVT GROUP PLC
|
Common stock – 23,608 shares
|
|
252,133
|
|
|
|
BURLINGTON STORES INC
|
Common stock – 6,802 shares
|
|
1,106,481
|
|
|
|
BWX TECHNOLOGIES INC
|
Common stock – 32,417 shares
|
|
1,239,302
|
|
|
|
CABLE ONE INC W/I
|
Common stock – 450 shares
|
|
369,045
|
|
|
|
CAMBREX CORP
|
Common stock – 13,494 shares
|
|
509,533
|
|
|
|
CATALENT INC
|
Common stock – 22,723 shares
|
|
708,503
|
|
|
|
CBOE GLOBAL MARKETS INC
|
Common stock – 13,796 shares
|
|
1,349,663
|
|
|
|
CELANESE CORP
|
Common stock – 8,800 shares
|
|
791,736
|
|
|
|
CENTENNIAL RESOURCE DEV INC A
|
Common stock – 22,256 shares
|
|
245,261
|
|
|
|
COLLIERS INTL GROUP INC (US)
|
Common stock – 5,244 shares
|
|
288,630
|
|
|
|
COPART INC
|
Common stock – 34,075 shares
|
|
1,628,104
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2018
|
|
|
|
|
|
|
|
|
|
|
(a)
|
(b) Identity of issue, borrower, lessor,
or similar party
|
(c) Description of investment including maturity date,
rate of interest, collateral, par, or maturity value
|
(d) Cost**
|
(e) Current value
|
|
|
COSTAR GROUP INC
|
Common stock – 4,366 shares
|
|
1,472,826
|
|
|
|
DEXCOM INC
|
Common stock – 7,253 shares
|
|
868,909
|
|
|
|
DOMINOS PIZZA INC
|
Common stock – 3,401 shares
|
|
843,414
|
|
|
|
EAST WEST BANCORP INC
|
Common stock – 6,951 shares
|
|
302,577
|
|
|
|
ENCOMPASS HEALTH CORP
|
Common stock – 16,685 shares
|
|
1,029,465
|
|
|
|
ENCORE CAP GROUP INC
|
Common stock – 16,076 shares
|
|
377,786
|
|
|
|
EURONET WORLDWIDE INC
|
Common stock – 12,712 shares
|
|
1,301,455
|
|
|
|
EXACT SCIENCES CORP
|
Common stock – 13,052 shares
|
|
823,581
|
|
|
|
FIRSTCASH INC
|
Common stock – 10,600 shares
|
|
766,910
|
|
|
|
FIRSTSERVICE CORP (US)
|
Common stock – 7,893 shares
|
|
540,513
|
|
|
|
FORTINET INC
|
Common stock – 9,629 shares
|
|
678,171
|
|
|
|
GENESEE & WYOMING INC CL A
|
Common stock – 8,163 shares
|
|
604,225
|
|
|
|
GLAUKOS CORP
|
Common stock – 13,836 shares
|
|
777,168
|
|
|
|
GODADDY INC CL A
|
Common stock – 12,914 shares
|
|
847,417
|
|
|
|
GRAND CANYON EDUCATION INC
|
Common stock – 9,525 shares
|
|
915,734
|
|
|
|
GUIDEWIRE SOFTWARE INC
|
Common stock – 6,411 shares
|
|
514,355
|
|
|
|
HEALTHCARE SERVICES GROUP INC
|
Common stock – 21,780 shares
|
|
875,120
|
|
|
|
HEICO CORP CL A
|
Common stock – 14,558 shares
|
|
917,154
|
|
|
|
HILTON GRAND VACATIONS INC
|
Common stock – 16,751 shares
|
|
442,059
|
|
|
|
HORIZON PHARMA PLC
|
Common stock – 36,699 shares
|
|
717,099
|
|
|
|
INOGEN INC
|
Common stock – 3,295 shares
|
|
409,140
|
|
|
|
INSULET CORP
|
Common stock – 11,585 shares
|
|
918,922
|
|
|
|
J2 GLOBAL INC
|
Common stock – 7,278 shares
|
|
504,948
|
|
|
|
JONES LANG LASALLE INC
|
Common stock – 4,269 shares
|
|
540,455
|
|
|
|
LAMB WESTON HOLDINGS INC
|
Common stock – 6,356 shares
|
|
467,547
|
|
|
|
LIGAND PHARMACEUTICALS
|
Common stock – 5,358 shares
|
|
727,081
|
|
|
|
LIVE NATION ENTERTAINMENT INC
|
Common stock – 23,701 shares
|
|
1,167,274
|
|
|
|
MARTIN MARIETTA MATERIALS INC
|
Common stock – 6,377 shares
|
|
1,096,015
|
|
|
|
MAXLINEAR INC
|
Common stock – 13,534 shares
|
|
238,198
|
|
|
|
MIDDLEBY CORP
|
Common stock – 8,060 shares
|
|
828,004
|
|
|
|
NATIONAL INSTRUMENT CORP
|
Common stock – 14,662 shares
|
|
665,362
|
|
|
|
NICE LTD SPON ADR
|
Common stock – 5,973 shares
|
|
646,338
|
|
|
|
NOVANTA INC
|
Common stock – 5,654 shares
|
|
356,202
|
|
|
|
NU SKIN ENTERPRISES INC CL A
|
Common stock – 6,715 shares
|
|
411,831
|
|
|
|
PARSLEY ENERGY INC CL A
|
Common stock – 20,109 shares
|
|
321,342
|
|
|
|
PENUMBRA INC
|
Common stock – 4,358 shares
|
|
532,548
|
|
|
|
PORTOLA PHARMACEUTICALS INC
|
Common stock – 13,264 shares
|
|
258,913
|
|
|
|
PURE STORAGE INC CL A
|
Common stock – 50,625 shares
|
|
814,050
|
|
|
|
RITCHIE BROS AUCTIONEERS (USA)
|
Common stock – 18,791 shares
|
|
614,842
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2018
|
|
|
|
|
|
|
|
|
|
|
(a)
|
(b) Identity of issue, borrower, lessor,
or similar party
|
(c) Description of investment including maturity date,
rate of interest, collateral, par, or maturity value
|
(d) Cost**
|
(e) Current value
|
|
|
ROGERS CORP
|
Common stock – 8,098 shares
|
|
802,188
|
|
|
|
SABRE CORP
|
Common stock – 29,844 shares
|
|
645,824
|
|
|
|
SITEONE LANDSCAPE SUPPLY INC
|
Common stock – 7,546 shares
|
|
417,067
|
|
|
|
SIX FLAGS ENTERTAINMENT CORP
|
Common stock – 14,142 shares
|
|
786,719
|
|
|
|
TELEDYNE TECHNOLOGIES INC
|
Common stock – 4,877 shares
|
|
1,009,880
|
|
|
|
TELEFLEX INC
|
Common stock – 4,209 shares
|
|
1,087,942
|
|
|
|
TORO CO
|
Common stock – 6,379 shares
|
|
356,459
|
|
|
|
TRANSUNION
|
Common stock – 17,388 shares
|
|
987,638
|
|
|
|
TREX CO INC
|
Common stock – 9,417 shares
|
|
558,993
|
|
|
|
UNIVERSAL ELECTRONICS INC
|
Common stock – 7,425 shares
|
|
187,704
|
|
|
|
VAIL RESORTS INC
|
Common stock – 4,485 shares
|
|
945,528
|
|
|
|
VEEVA SYS INC CL A
|
Common stock – 12,541 shares
|
|
1,120,162
|
|
|
|
VIRTU FINANCIAL INC CL A
|
Common stock – 21,766 shares
|
|
560,692
|
|
|
|
WEIGHT WATCHERS INTL INC
|
Common stock – 9,480 shares
|
|
365,454
|
|
|
|
WEST PHARMACEUTICAL SVCS INC
|
Common stock – 4,394 shares
|
|
430,744
|
|
|
|
WEX INC
|
Common stock – 4,506 shares
|
|
631,110
|
|
|
|
|
|
|
357,299,538
|
|
|
|
|
|
|
|
|
*
|
Self-Directed Brokerage Fund
|
A self-directed brokerage fund allowing participants to invest in a wide array of securities including but not limited to publicly traded stocks, mutual funds, exchange-traded funds, bonds, certificates of deposit, and money market funds at their discretion.
|
|
77,671,401
|
|
|
|
|
|
|
|
|
|
|
Investments (at fair value)
|
|
1,258,236,161
|
|
|
|
|
|
|
|
|
*
|
Participant Loans
|
Loans extended to participants at interest rates of 4.25% to 10.5%
|
|
22,444,423
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
1,280,680,584
|
|
*Party-in-interest
**Column not applicable for participant-directed investments
.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
THE WILLIAMS INVESTMENT PLUS PLAN
(Name of Plan)
/s/Robert Biffle
Robert Biffle
Chairman, Administrative Committee
The Williams Companies, Inc.
Date: June 13, 2019
EXHIBIT INDEX
|
|
|
|
|
|
|
Exhibit
No.
|
|
Description
|
|
23
|
|
Consent of Independent Registered Public Accounting Firm
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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