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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, 2020
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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, 2020 and 2019, and the related statement of changes in net assets available for benefits for the year ended December 31, 2020, 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, 2020 and 2019, and the changes in its net assets available for benefits for the year ended December 31, 2020, 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, 2020, 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 10, 2021
THE WILLIAMS INVESTMENT PLUS PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
December 31, 2020 and 2019
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2020
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2019
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Assets:
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Investments (at fair value)
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$
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1,524,022,016
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$
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1,415,754,781
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Notes receivable from participants
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20,738,596
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22,610,631
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Non-interest bearing cash
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872,572
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408,879
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Receivables
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3,243,880
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4,480,485
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Contribution receivable
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10,852,778
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936,501
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Total assets
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1,559,729,842
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1,444,191,277
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Liabilities:
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Accrued liabilities
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2,103,288
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3,336,665
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Total liabilities
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2,103,288
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3,336,665
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Net assets available for benefits
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$
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1,557,626,554
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$
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1,440,854,612
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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, 2020
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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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50,237,348
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Employer
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43,269,260
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Rollovers
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7,610,114
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Total contributions
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101,116,722
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Net investment income:
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Net increase in fair value of investments
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217,568,006
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Dividends
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13,548,516
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Interest
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98,665
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Total net investment income
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231,215,187
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Interest income on notes receivable from participants
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1,262,573
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Total additions to net assets
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333,594,482
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Deductions from net assets:
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Withdrawals
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214,253,419
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Administrative expenses
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2,500,983
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Dividend distributions
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68,138
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Total deductions from net assets
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216,822,540
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Net increase during the year
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116,771,942
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Net assets available for benefits at beginning of year
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1,440,854,612
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Net assets available for benefits at end of year
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$
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1,557,626,554
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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, 2020
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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, 2020
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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 2020.
Additionally, eligible active employees who are not eligible to receive compensation credits under Williams’ defined benefit pension plan are eligible to receive a 4.5 percent Employer Fixed Annual Contribution made by Williams. The Employer Fixed Annual Contribution is 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, death, divestiture, and reduction in force. For 2020 and 2019, the Employer Fixed Annual contributions were $10,853 thousand and $937 thousand, respectively.
The Plan also 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.
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.
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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December 31, 2020
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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 2020, employer contributions were reduced by $599 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 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.
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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December 31, 2020
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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. Such withdrawal does not cause the participant to be suspended from the Plan.
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.
COVID-19
The Plan adopted certain required minimum distribution provisions of the Setting Every Community Up for Retirement Enhancement Act that are effective beginning with the 2020 plan year, including not requiring minimum distributions until age 72. Additionally, required minimum distributions beginning in 2020 were delayed by one year as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES), but may still be received at the request of a participant.
The Plan also adopted certain participant withdrawal provisions of the CARES Act that were effective for portions of the 2020 Plan Year in order to provide relief to participants affected by COVID-19. The early withdrawal tax was waived for COVID-19 withdrawals up to $100,000 through December 2020.
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
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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December 31, 2020
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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 are 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.
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, 2020 or 2019. 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.
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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December 31, 2020
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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.
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
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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December 31, 2020
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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 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, 2020 and 2019.
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, 2020
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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, 2020 and 2019, with the exception of the common/collective trusts measured at fair value using the NAV practical expedient. The combined fair value for the common/collective trusts is 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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2020:
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Interest-bearing cash
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$
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2,707,054
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$
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—
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$
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—
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$
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2,707,054
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Mutual funds
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225,624,504
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—
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—
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225,624,504
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Self-directed brokerage fund
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99,892,988
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1,985,527
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—
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101,878,515
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Common stocks
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430,647,088
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7,289,670
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709,801
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438,646,559
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$
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758,871,634
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$
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9,275,197
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$
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709,801
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768,856,632
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Common/collective trusts
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755,165,384
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Total investments at fair value
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$
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1,524,022,016
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2019:
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Interest-bearing cash
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$
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1,723,655
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$
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—
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$
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—
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$
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1,723,655
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Mutual funds
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208,386,003
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—
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—
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208,386,003
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Self-directed brokerage fund
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80,332,518
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3,467,620
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—
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83,800,138
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|
|
Common stocks
|
398,761,704
|
|
|
5,499,755
|
|
|
606,632
|
|
|
404,868,091
|
|
|
|
$
|
689,203,880
|
|
|
$
|
8,967,375
|
|
|
$
|
606,632
|
|
|
698,777,887
|
|
|
Common/collective trusts
|
|
716,976,894
|
|
|
Total investments at fair value
|
|
|
|
|
|
$
|
1,415,754,781
|
|
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 investments 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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
|
|
NOTES TO FINANCIAL STATEMENTS
|
|
December 31, 2020
|
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 and restated. 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, 2020 and 2019, there are no uncertain positions taken or expected to be taken.
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:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2020
|
|
2019
|
|
Net assets available for benefits per the financial statements
|
$
|
1,557,626,554
|
|
|
$
|
1,440,854,612
|
|
|
Amounts allocated to withdrawing participants
|
(1,355,343)
|
|
|
(1,254,125)
|
|
|
Net assets available for benefits per the Form 5500
|
$
|
1,556,271,211
|
|
|
$
|
1,439,600,487
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
|
|
NOTES TO FINANCIAL STATEMENTS
|
|
December 31, 2020
|
The following is a reconciliation of Net increase 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, 2020:
|
|
|
|
|
|
|
|
Net increase during the year
|
$
|
116,771,942
|
|
|
Less: Amounts allocated to withdrawing participants at December 31, 2020
|
(1,355,343)
|
|
|
Add: Amounts allocated to withdrawing participants at December 31, 2019
|
$
|
1,254,125
|
|
|
Net income per Form 5500
|
$
|
116,670,724
|
|
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, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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 Class 2 – 545 shares
|
|
$
|
545
|
|
|
|
*
|
Fidelity
|
Fidelity Managed Income Portfolio II Class 4 – 83,488,015 shares
|
|
83,488,015
|
|
|
*
|
Fidelity
|
Fidelity Diversified International Commingled Pool – 3,733,256 shares
|
|
64,174,674
|
|
|
|
Prudential
|
Prudential Core Plus Bond Fund Class 5 – 230,238 shares
|
|
45,267,045
|
|
|
|
Vanguard
|
Vanguard Target Retirement Income Trust I – 214,724 shares
|
|
13,456,760
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2015 Trust I – 78,534 shares
|
|
4,965,722
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2020 Trust I – 844,588 shares
|
|
56,663,385
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2025 Trust I – 901,924 shares
|
|
62,079,418
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2030 Trust I – 1,940,923 shares
|
|
136,078,092
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2035 Trust I – 530,385 shares
|
|
38,346,839
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2040 Trust I – 1,504,604 shares
|
|
113,236,490
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2045 Trust I – 496,355 shares
|
|
37,822,217
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2050 Trust I – 899,399 shares
|
|
69,028,882
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2055 Trust I – 226,390 shares
|
|
21,185,573
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2060 Trust I – 142,716 shares
|
|
7,015,907
|
|
|
|
Vanguard
|
Vanguard Target Retirement 2065 Trust I – 77,878 shares
|
|
2,355,820
|
|
|
|
|
|
|
755,165,384
|
|
|
|
|
Registered Investment Companies
|
|
|
|
|
|
PIMCO
|
PIMCO Real Return Fund Institutional Class – 701,481 shares
|
|
8,607,171
|
|
|
*
|
Fidelity
|
Fidelity U.S. Bond Index Fund – 1,443,956 shares
|
|
17,977,251
|
|
|
|
Vanguard
|
Vanguard Extended Market Index Fund Institutional Shares – 241,856 shares
|
|
30,169,073
|
|
|
|
Vanguard
|
Vanguard Institutional Index Fund Institutional Plus Shares – 464,360 shares
|
|
153,926,169
|
|
|
|
Vanguard
|
Vanguard Total International Stock Index Fund Institutional Shares – 114,506 shares
|
|
14,861,688
|
|
|
|
|
|
|
225,541,352
|
|
|
|
|
|
|
|
|
|
|
|
Common Stock
|
|
|
|
|
|
|
Chesapeake Energy Co.
|
Common stock – 1,329 shares
|
|
2,021
|
|
|
*
|
The Williams Companies, Inc.
|
Common stock – 241,305 shares
|
|
4,840,646
|
|
|
|
|
|
|
4,842,667
|
|
|
|
|
|
|
|
|
|
|
Investments held in Separately Managed Accounts
|
|
|
|
|
|
Macquarie U.S. Large Cap Value Equity Portfolio:
|
|
|
|
|
|
Interest-bearing Cash:
|
|
|
|
|
|
BROWN BROTHERS HARRIMAN
|
Short-term bank deposit
|
|
695,390
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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:
|
|
|
|
|
|
ALLSTATE CORPORATION
|
Common stock – 15,958 shares
|
|
1,754,263
|
|
|
|
AMERICAN INTERNATIONAL GROUP
|
Common stock – 42,600 shares
|
|
1,612,836
|
|
|
|
ARCHER DANIELS MIDLAND CO
|
Common stock – 30,715 shares
|
|
1,548,343
|
|
|
|
AT&T INC
|
Common stock – 53,982 shares
|
|
1,552,522
|
|
|
|
BROADCOM INC
|
Common stock – 4,200 shares
|
|
1,838,970
|
|
|
|
CARDINAL HEALTH INC
|
Common stock – 39,320 shares
|
|
1,763,195
|
|
|
|
CATERPILLAR INC
|
Common stock – 9,141 shares
|
|
1,663,845
|
|
|
|
CIGNA CORP
|
Common stock – 7,868 shares
|
|
1,637,960
|
|
|
|
CISCO SYSTEMS INC
|
Common stock – 40,146 shares
|
|
1,796,534
|
|
|
|
COGNIZANT TECH SOLUTIONS CL A
|
Common stock – 22,714 shares
|
|
1,861,412
|
|
|
|
COMCAST CORP CL A
|
Common stock – 33,185 shares
|
|
1,738,894
|
|
|
|
CONAGRA BRANDS INC
|
Common stock – 42,016 shares
|
|
1,559,470
|
|
|
|
CONOCOPHILLIPS
|
Common stock – 42,181 shares
|
|
1,686,818
|
|
|
|
CVS HEALTH CORP
|
Common stock – 24,984 shares
|
|
1,706,407
|
|
|
|
DISCOVER FIN SVCS
|
Common stock – 20,727 shares
|
|
1,876,415
|
|
|
|
DISNEY (WALT) CO
|
Common stock – 9,734 shares
|
|
1,763,606
|
|
|
|
DOLLAR TREE INC
|
Common stock – 15,000 shares
|
|
1,620,600
|
|
|
|
DOWDUPONT INC
|
Common stock – 26,336 shares
|
|
1,872,753
|
|
|
|
EDISON INTL
|
Common stock – 26,100 shares
|
|
1,639,602
|
|
|
|
EQUITY RESIDENTIAL REIT
|
Common stock – 28,389 shares
|
|
1,682,900
|
|
|
|
HONEYWELL INTL INC
|
Common stock – 8,056 shares
|
|
1,713,511
|
|
|
|
INTEL CORP
|
Common stock – 32,634 shares
|
|
1,625,826
|
|
|
|
JOHNSON & JOHNSON
|
Common stock – 10,518 shares
|
|
1,655,323
|
|
|
|
LOWES COS INC
|
Common stock – 10,014 shares
|
|
1,607,347
|
|
|
|
MERCK & CO INC NEW
|
Common stock – 18,849 shares
|
|
1,541,848
|
|
|
|
MONDELEZ INTERNATIONAL INC
|
Common stock – 28,602 shares
|
|
1,672,359
|
|
|
|
MOTOROLA SOLUTIONS INC
|
Common stock – 9,800 shares
|
|
1,666,588
|
|
|
|
NORTHROP GRUMMAN CORP
|
Common stock – 4,693 shares
|
|
1,430,051
|
|
|
|
ORACLE CORP
|
Common stock – 27,538 shares
|
|
1,781,433
|
|
|
|
RAYTHEON CO
|
Common stock – 24,034 shares
|
|
1,718,672
|
|
|
|
TRUST FINANCIAL CORP
|
Common stock – 34,300 shares
|
|
1,643,999
|
|
|
|
VERIZON COMMUNICATIONS INC
|
Common stock – 26,422 shares
|
|
1,552,292
|
|
|
|
VIATRIS INC
|
Common stock – 93,311 shares
|
|
1,748,648
|
|
|
|
|
|
|
|
|
|
|
LSV U.S. Small/Mid Cap Value Equity Portfolio:
|
|
|
|
|
|
Common Stock:
|
|
|
|
|
|
AARONS INC A
|
Common stock – 450 shares
|
|
8,532
|
|
|
|
ACUITY BRANDS INC
|
Common stock – 1,825 shares
|
|
220,989
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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 – 3,100 shares
|
|
137,702
|
|
|
|
ALLISON TRANSMISSION HLDGS INC
|
Common stock – 6,500 shares
|
|
280,345
|
|
|
|
AMC NETWORKS INC CL A
|
Common stock – 3,600 shares
|
|
128,772
|
|
|
|
AMERICAN FINL GROUP INC OHIO
|
Common stock – 3,050 shares
|
|
267,241
|
|
|
|
APPLE HOSPITALITY REIT INC
|
Common stock – 8,900 shares
|
|
114,899
|
|
|
|
ARCONIC INC
|
Common stock – 825 shares
|
|
24,585
|
|
|
|
ARROW ELECTRONICS INC
|
Common stock – 4,700 shares
|
|
457,310
|
|
|
|
ASSURED GUARANTY LTD
|
Common stock – 7,600 shares
|
|
239,324
|
|
|
|
ATKORE INC
|
Common stock – 5,400 shares
|
|
221,994
|
|
|
|
BANKUNITED INC
|
Common stock – 9,900 shares
|
|
344,322
|
|
|
|
BERKSHIRE HILLS BANCORP INC
|
Common stock – 6,400 shares
|
|
109,568
|
|
|
|
BERRY GLOBAL GROUP INC
|
Common stock – 2,930 shares
|
|
164,637
|
|
|
|
BLOCK H & R INC
|
Common stock – 5,300 shares
|
|
84,058
|
|
|
|
BORGWARNER INC
|
Common stock – 4,600 shares
|
|
177,744
|
|
|
|
BRIDGEWATER BANCSHARES INC
|
Common stock – 15,800 shares
|
|
197,342
|
|
|
|
BRIXMOR PPTY GROUP INC
|
Common stock – 17,000 shares
|
|
281,350
|
|
|
|
C N A FINANCIAL CORP
|
Common stock – 8,800 shares
|
|
342,848
|
|
|
|
CABOT CORP
|
Common stock – 2,900 shares
|
|
130,152
|
|
|
|
CAPRI HOLDINGS LTD
|
Common stock – 5,200 shares
|
|
218,400
|
|
|
|
CARS.COM INC
|
Common stock – 11,300 shares
|
|
127,690
|
|
|
|
CATALYST PHARMACEUTICALS INC
|
Common stock – 19,400 shares
|
|
64,796
|
|
|
|
CHATHAM LODGING TRUST
|
Common stock – 9,100 shares
|
|
98,280
|
|
|
|
CHEMOURS CO/ THE
|
Common stock – 4,000 shares
|
|
99,160
|
|
|
|
CIENA CORP
|
Common stock – 3,700 shares
|
|
195,545
|
|
|
|
CIRRUS LOGIC INC
|
Common stock – 1,100 shares
|
|
90,420
|
|
|
|
CITY OFFC REIT INC
|
Common stock – 15,100 shares
|
|
147,527
|
|
|
|
CNO FINANCIAL GROUP INC
|
Common stock – 16,200 shares
|
|
360,126
|
|
|
|
CONCENTRIX CORP
|
Common stock – 1,313 shares
|
|
129,593
|
|
|
|
CORECIVIC INC
|
Common stock – 8,000 shares
|
|
52,400
|
|
|
|
CORENERGY INFRASTR TR INC
|
Common stock – 4,800 shares
|
|
32,880
|
|
|
|
CSG SYSTEMS INTL INC
|
Common stock – 3,300 shares
|
|
148,731
|
|
|
|
CUSTOMERS BANCORP INC
|
Common stock – 7,500 shares
|
|
136,350
|
|
|
|
DANA INC
|
Common stock – 8,800 shares
|
|
171,776
|
|
|
|
DAVITA INC
|
Common stock – 1,600 shares
|
|
187,840
|
|
|
|
DELUXE CORP
|
Common stock – 4,300 shares
|
|
125,560
|
|
|
|
DILLARDS INC CL A
|
Common stock – 1,700 shares
|
|
107,185
|
|
|
|
DIODES INC
|
Common stock – 1,900 shares
|
|
133,950
|
|
|
|
DOMTAR CORP
|
Common stock – 5,600 shares
|
|
177,240
|
|
|
|
EASTMAN CHEMICAL CO
|
Common stock – 2,200 shares
|
|
220,616
|
|
|
|
FEDERAL AGRI MTG NON VTG CL C
|
Common stock – 4,200 shares
|
|
311,850
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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
|
|
|
|
FINANCIAL INSTITUTIONS INC
|
Common stock – 5,000 shares
|
|
112,500
|
|
|
|
FIRST AMERICAN FINANCIAL CORP
|
Common stock – 2,300 shares
|
|
118,749
|
|
|
|
FOOT LOCKER INC
|
Common stock – 3,700 shares
|
|
149,628
|
|
|
|
FRANKLIN STREET PPTYS CORP
|
Common stock – 14,600 shares
|
|
63,802
|
|
|
|
GOODYEAR TIRE & RUBBER CO
|
Common stock – 10,000 shares
|
|
109,100
|
|
|
|
GRAY TELEVISION INC
|
Common stock – 6,800 shares
|
|
121,652
|
|
|
|
HANMI FINANCIAL CORPORATION
|
Common stock – 4,900 shares
|
|
55,566
|
|
|
|
HARLEY-DAVIDSON INC
|
Common stock – 5,800 shares
|
|
212,860
|
|
|
|
HAVERTY FURNITURE COS INC
|
Common stock – 8,200 shares
|
|
226,894
|
|
|
|
HAWAIIAN HLDGS INC
|
Common stock – 5,900 shares
|
|
104,430
|
|
|
|
HOLLYFRONTIER CORP
|
Common stock – 5,500 shares
|
|
142,175
|
|
|
|
HOPE BANCORP INC
|
Common stock – 16,800 shares
|
|
183,288
|
|
|
|
HUNTINGTON INC W/I
|
Common stock – 1,000 shares
|
|
170,480
|
|
|
|
HUNTSMAN CORP
|
Common stock – 9,000 shares
|
|
226,260
|
|
|
|
INDUSTRIAL LOGISTICS PPTY TR
|
Common stock – 7,587 shares
|
|
176,701
|
|
|
|
INGREDION INC
|
Common stock – 2,200 shares
|
|
173,074
|
|
|
|
INNOVIVA INC
|
Common stock – 10,100 shares
|
|
125,139
|
|
|
|
INVESTORS BANCORP INC
|
Common stock – 23,700 shares
|
|
250,272
|
|
|
|
J2 GLOBAL INC
|
Common stock – 1,900 shares
|
|
185,611
|
|
|
|
JABIL INC
|
Common stock – 11,000 shares
|
|
467,830
|
|
|
|
JAZZ PHARMA PLC
|
Common stock – 2,860 shares
|
|
472,043
|
|
|
|
JETBLUE AIRWAYS CORP
|
Common stock – 9,200 shares
|
|
133,768
|
|
|
|
JM SMUCKER CO
|
Common stock – 2,700 shares
|
|
312,120
|
|
|
|
JUNIPER NETWORKS INC
|
Common stock – 6,700 shares
|
|
150,817
|
|
|
|
KELLY SERVICES INC CL A
|
Common stock – 6,500 shares
|
|
133,705
|
|
|
|
KOHLS CORP
|
Common stock – 5,300 shares
|
|
215,657
|
|
|
|
KRATON CORP
|
Common stock – 5,300 shares
|
|
147,287
|
|
|
|
LANNETT INC
|
Common stock – 6,900 shares
|
|
44,988
|
|
|
|
LANTHEUS HLDGS INC
|
Common stock – 5,100 shares
|
|
68,799
|
|
|
|
LEAR CORP NEW
|
Common stock – 1,400 shares
|
|
222,642
|
|
|
|
M D C HOLDINGS INC
|
Common stock – 4,700 shares
|
|
228,420
|
|
|
|
MANPOWERGROUP INC
|
Common stock – 3,400 shares
|
|
306,612
|
|
|
|
MASTEC INC
|
Common stock – 2,500 shares
|
|
170,450
|
|
|
|
MDU RESOURCES GROUP INC
|
Common stock – 4,500 shares
|
|
118,530
|
|
|
|
MEDNAX INC
|
Common stock – 2,000 shares
|
|
31,902
|
|
|
|
MERITOR INC
|
Common stock – 11,500 shares
|
|
320,965
|
|
|
|
MGIC INVESTMENT CORP
|
Common stock – 11,100 shares
|
|
139,305
|
|
|
|
MIDLAND STATES BANCORP INC
|
Common stock – 7,200 shares
|
|
128,664
|
|
|
|
MILLER HERMAN INC
|
Common stock – 7,000 shares
|
|
236,600
|
|
|
|
MOLSON COORS BEVERAGE CO B
|
Common stock – 3,900 shares
|
|
176,241
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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
|
|
|
|
NATIONAL FUEL GAS CO
|
Common stock – 5,500 shares
|
|
226,215
|
|
|
|
NAVIENT CORP
|
Common stock – 16,900 shares
|
|
165,958
|
|
|
|
NCR CORP
|
Common stock – 6,500 shares
|
|
244,205
|
|
|
|
NEW MOUNTAIN FINANCE CORP
|
Common stock – 11,800 shares
|
|
134,048
|
|
|
|
NEWTEK BUSINESS SERVICES CORP
|
Common stock – 7,500 shares
|
|
147,675
|
|
|
|
NEXSTAR MEDIA GROUP INC A
|
Common stock – 1,520 shares
|
|
165,969
|
|
|
|
NRG ENERGY INC
|
Common stock – 6,900 shares
|
|
259,095
|
|
|
|
O-I GLASS INC
|
Common stock – 14,200 shares
|
|
168,980
|
|
|
|
ODP CORP/THE
|
Common stock – 4,170 shares
|
|
122,181
|
|
|
|
OFFICE PROPERTIES INCOME TRUST
|
Common stock – 7,076 shares
|
|
160,767
|
|
|
|
OMEGA HEALTHCARE INVESTORS INC
|
Common stock – 4,700 shares
|
|
170,704
|
|
|
|
ON SEMICONDUCTOR CORP
|
Common stock – 4,700 shares
|
|
153,831
|
|
|
|
OSHKOSH CORP
|
Common stock – 3,500 shares
|
|
301,245
|
|
|
|
OUTFRONT MEDIA INC
|
Common stock – 4,300 shares
|
|
84,108
|
|
|
|
OWENS CORNING INC
|
Common stock – 2,600 shares
|
|
196,976
|
|
|
|
PATTERSON COMPANIES INC
|
Common stock – 4,300 shares
|
|
127,409
|
|
|
|
PENNANTPARK INVESTMENT CORP
|
Common stock – 23,300 shares
|
|
107,413
|
|
|
|
PENSKE AUTOMOTIVE GROUP INC
|
Common stock – 4,300 shares
|
|
255,377
|
|
|
|
PIEDMONT OFFICE REALTY TRUST A
|
Common stock – 9,900 shares
|
|
160,677
|
|
|
|
PREMIER FINANCIAL CORP
|
Common stock – 7,600 shares
|
|
174,800
|
|
|
|
PROG HOLDINGS INC
|
Common stock – 900 shares
|
|
48,483
|
|
|
|
PROSPECT CAPITAL CORP FD
|
Common stock – 27,200 shares
|
|
147,152
|
|
|
|
PULTEGROUP INC
|
Common stock – 6,300 shares
|
|
271,656
|
|
|
|
PVH CORP
|
Common stock – 2,400 shares
|
|
225,336
|
|
|
|
QUANTA SVCS INC
|
Common stock – 1,200 shares
|
|
86,424
|
|
|
|
RADIAN GROUP INC
|
Common stock – 9,800 shares
|
|
198,450
|
|
|
|
REGAL BELOIT CORP
|
Common stock – 1,200 shares
|
|
147,372
|
|
|
|
REGIONAL MANAGEMENT CORP
|
Common stock – 6,500 shares
|
|
194,090
|
|
|
|
REINSURANCE GROUP OF AMERICA
|
Common stock – 2,300 shares
|
|
266,570
|
|
|
|
RETAIL VALUE INC
|
Common stock – 986 shares
|
|
14,662
|
|
|
|
ROCKY BRANDS INC
|
Common stock – 4,000 shares
|
|
112,280
|
|
|
|
SABRA HEALTHCARE REIT INC
|
Common stock – 11,900 shares
|
|
206,703
|
|
|
|
SANMINA CORP
|
Common stock – 5,700 shares
|
|
181,773
|
|
|
|
SCANSOURCE INC
|
Common stock – 3,400 shares
|
|
89,692
|
|
|
|
SELECT MEDICAL HLDGS CORP
|
Common stock – 7,900 shares
|
|
218,514
|
|
|
|
SERVICE PPTYS TR
|
Common stock – 7,000 shares
|
|
80,430
|
|
|
|
SILGAN HOLDINGS INC
|
Common stock – 6,235 shares
|
|
231,194
|
|
|
|
SITE CENTERS CORP
|
Common stock – 9,250 shares
|
|
93,610
|
|
|
|
SNAP-ON INC
|
Common stock – 1,000 shares
|
|
171,140
|
|
|
|
SONIC AUTOMOTIVE INC CL A
|
Common stock – 6,000 shares
|
|
231,420
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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
|
|
|
|
SOUTHWESTERN ENERGY CO
|
Common stock – 32,000 shares
|
|
95,360
|
|
|
|
SPROUTS FMRS MKT INC
|
Common stock – 8,700 shares
|
|
174,870
|
|
|
|
STEELCASE INC CLASS A
|
Common stock – 15,500 shares
|
|
210,025
|
|
|
|
SYNNEX CORP
|
Common stock – 1,313 shares
|
|
106,931
|
|
|
|
TCF FINANCIAL CORPORATION
|
Common stock – 2,550 shares
|
|
94,401
|
|
|
|
TEXTRON INC
|
Common stock – 3,500 shares
|
|
169,155
|
|
|
|
TRAVEL & LEISURE CO
|
Common stock – 4,800 shares
|
|
215,328
|
|
|
|
TRITON INTERNATIONAL LTD
|
Common stock – 4,004 shares
|
|
194,234
|
|
|
|
TTM TECHNOLOGIES INC
|
Common stock – 9,000 shares
|
|
124,155
|
|
|
|
ULTRA CLEAN HOLDINGS INC
|
Common stock – 5,040 shares
|
|
156,996
|
|
|
|
UNITED RENTALS INC
|
Common stock – 2,200 shares
|
|
510,202
|
|
|
|
UNITED THERAPEUTICS CORP DEL
|
Common stock – 1,300 shares
|
|
197,327
|
|
|
|
UNUM GROUP
|
Common stock – 9,300 shares
|
|
213,342
|
|
|
|
VEREIT INC
|
Common stock – 5,880 shares
|
|
222,205
|
|
|
|
VIACOMCBS INC CL B
|
Common stock – 7,400 shares
|
|
275,724
|
|
|
|
VILLAGE SUPER MKT INC CL A NEW
|
Common stock – 3,400 shares
|
|
75,004
|
|
|
|
VISHAY INTERTECHNOLOGY INC
|
Common stock – 6,300 shares
|
|
130,473
|
|
|
|
VISTRA ENERGY CORP
|
Common stock – 13,200 shares
|
|
259,512
|
|
|
|
VOYA FINANCIAL INC
|
Common stock – 4,800 shares
|
|
282,288
|
|
|
|
W&T OFFSHORE INC
|
Common stock – 27,800 shares
|
|
60,326
|
|
|
|
WALKER & DUNLOP INC
|
Common stock – 1,500 shares
|
|
138,030
|
|
|
|
WASHINGTON PRIME GROUP INC
|
Common stock – 4,688 shares
|
|
30,519
|
|
|
|
WEIS MARKETS INC
|
Common stock – 2,200 shares
|
|
105,182
|
|
|
|
WESTERN UNION CO
|
Common stock – 5,200 shares
|
|
114,088
|
|
|
|
WESTROCK CO
|
Common stock – 7,300 shares
|
|
317,769
|
|
|
|
WHIRLPOOL CORP
|
Common stock – 1,400 shares
|
|
252,686
|
|
|
|
WILLIAMS-SONOMA INC
|
Common stock – 3,300 shares
|
|
336,072
|
|
|
|
WORLD FUEL SERVICES CORP
|
Common stock – 4,100 shares
|
|
127,756
|
|
|
|
XEROX CORP
|
Common stock – 8,825 shares
|
|
204,652
|
|
|
|
ZIONS BANCORP
|
Common stock – 8,200 shares
|
|
356,208
|
|
|
|
|
|
|
|
|
|
|
T. Rowe Price U.S. Large-Cap Core Growth Equity Portfolio:
|
|
|
|
|
|
Interest-bearing Cash:
|
|
|
|
|
|
BROWN BROTHERS HARRIMAN
|
Short-term bank deposit
|
|
750,000
|
|
|
|
Registered Investment Company:
|
|
|
|
|
*
|
T ROWE PRICE
|
T Rowe Price Government Reserve Fund - 83,152 shares
|
|
83,152
|
|
|
|
Common Stock:
|
|
|
|
|
|
ABBVIE INC
|
Common stock – 300 shares
|
|
32,145
|
|
|
|
ADOBE INC
|
Common stock – 69 shares
|
|
34,508
|
|
|
|
ADVANCED MICRO DEVICES INC
|
Common stock – 30,587 shares
|
|
2,805,134
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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
|
|
|
|
AGILENT TECHNOLOGIES INC
|
Common stock – 166 shares
|
|
19,669
|
|
|
|
AIRBNB INC CLASS A
|
Common stock – 1,253 shares
|
|
183,940
|
|
|
|
ALIBABA GROUP HLD LTD SPON ADR
|
Common stock – 37,357 shares
|
|
8,601,003
|
|
|
|
ALIGN TECHNOLOGY INC
|
Common stock – 299 shares
|
|
159,780
|
|
|
|
ALPHABET INC CL A
|
Common stock – 1,861 shares
|
|
3,261,663
|
|
|
|
ALPHABET INC CL C
|
Common stock – 8,484 shares
|
|
14,862,950
|
|
|
|
AMAZON.COM INC
|
Common stock – 9,786 shares
|
|
31,872,317
|
|
|
|
ANT INTL CO CLASS C PP
|
Common stock – 82,535 shares
|
|
709,801
|
|
|
|
ANTHEM INC
|
Common stock – 4,681 shares
|
|
1,503,022
|
|
|
|
APPLE INC
|
Common stock – 105,553 shares
|
|
14,005,828
|
|
|
|
APPLIED MATERIALS INC
|
Common stock – 6,773 shares
|
|
584,510
|
|
|
|
APTIV PLC
|
Common stock – 1,480 shares
|
|
192,829
|
|
|
|
ATLASSIAN CORP PLC CLS A
|
Common stock – 2,574 shares
|
|
601,981
|
|
|
|
BECTON DICKINSON & CO
|
Common stock – 114 shares
|
|
28,525
|
|
|
|
CANADIAN PACIFIC RAIL LTD (US)
|
Common stock – 76 shares
|
|
26,348
|
|
|
|
CARVANA CO CL A
|
Common stock – 3,483 shares
|
|
834,318
|
|
|
|
CENTENE CORP
|
Common stock – 18,967 shares
|
|
1,138,589
|
|
|
|
CHARTER COMMUNICATIONS INC A
|
Common stock – 42 shares
|
|
27,785
|
|
|
|
CHIPOTLE MEXICAN GRILL INC
|
Common stock – 1,272 shares
|
|
1,763,895
|
|
|
|
CHUBB LTD
|
Common stock – 3,673 shares
|
|
565,348
|
|
|
|
CIGNA CORP
|
Common stock – 16,155 shares
|
|
3,363,148
|
|
|
|
CINTAS CORP
|
Common stock – 2,881 shares
|
|
1,018,318
|
|
|
|
CLARIVATE PLC
|
Common stock – 2,900 shares
|
|
86,159
|
|
|
|
COSTAR GROUP INC
|
Common stock – 1,856 shares
|
|
1,715,464
|
|
|
|
COUPA SOFTWARE INC
|
Common stock – 642 shares
|
|
217,580
|
|
|
|
CROWDSTRIKE HOLDINGS INC
|
Common stock – 500 shares
|
|
148,274
|
|
|
|
DANAHER CORP
|
Common stock – 13,730 shares
|
|
3,005,554
|
|
|
|
DISNEY (WALT) CO
|
Common stock – 2,500 shares
|
|
452,950
|
|
|
|
DOCUSIGN INC
|
Common stock – 4,569 shares
|
|
948,999
|
|
|
|
DOLLAR GENERAL CORP
|
Common stock – 15,156 shares
|
|
3,187,307
|
|
|
|
DOLLAR TREE INC
|
Common stock – 252 shares
|
|
27,226
|
|
|
|
DOMINOS PIZZA INC
|
Common stock – 532 shares
|
|
204,001
|
|
|
|
DOORDASH INC
|
Common stock – 1,016 shares
|
|
145,034
|
|
|
|
EQUIFAX INC
|
Common stock – 1,255 shares
|
|
242,014
|
|
|
|
ETSY INC
|
Common stock – 3,245 shares
|
|
577,318
|
|
|
|
EXACT SCIENCES CORP
|
Common stock – 286 shares
|
|
37,892
|
|
|
|
FACEBOOK INC CL A
|
Common stock – 65,106 shares
|
|
17,784,355
|
|
|
|
FIDELITY NATL INFORM SVCS INC
|
Common stock – 21,150 shares
|
|
2,949,441
|
|
|
|
FISERV INC
|
Common stock – 26,822 shares
|
|
3,053,953
|
|
|
|
FORTIVE CORP
|
Common stock – 8,351 shares
|
|
633,910
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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
|
|
|
|
GENERAL ELECTRIC CO
|
Common stock – 43,288 shares
|
|
467,510
|
|
|
|
GLOBAL PAYMENTS INC
|
Common stock – 27,633 shares
|
|
5,952,701
|
|
|
|
GOLDMAN SACHS GROUP INC
|
Common stock – 9,426 shares
|
|
2,485,730
|
|
|
|
HCA HEALTHCARE INC
|
Common stock – 7,661 shares
|
|
1,259,928
|
|
|
|
HILTON WORLDWIDE HOLDINGS INC
|
Common stock – 574 shares
|
|
63,863
|
|
|
|
HONEYWELL INTL INC
|
Common stock – 633 shares
|
|
177,179
|
|
|
|
HUMANA INC
|
Common stock – 1,641 shares
|
|
673,253
|
|
|
|
INCYTE OCRP
|
Common stock – 11,583 shares
|
|
1,007,489
|
|
|
|
INTERCONTINENTAL EXCHANGE INC
|
Common stock – 9,283 shares
|
|
1,070,237
|
|
|
|
INTUIT INC
|
Common stock – 15,518 shares
|
|
5,894,512
|
|
|
|
INTUITIVE SURGICAL INC
|
Common stock – 5,220 shares
|
|
4,270,482
|
|
|
|
JD.COM INC SPON ADR
|
Common stock – 2,100 shares
|
|
184,590
|
|
|
|
KANSAS CITY SOUTHERN
|
Common stock – 96 shares
|
|
19,597
|
|
|
|
KLA CORP
|
Common stock – 162 shares
|
|
41,943
|
|
|
|
LAM RESEARCH CORP
|
Common stock – 325 shares
|
|
106,261
|
|
|
|
LINDE PLC
|
Common stock – 3,796 shares
|
|
1,000,284
|
|
|
|
LULULEMON ATHLETICA INC
|
Common stock – 5,415 shares
|
|
1,884,582
|
|
|
|
MARRIOTT INTERNATIONAL INC A
|
Common stock – 1,493 shares
|
|
196,957
|
|
|
|
MARSH & MCLENNAN COS INC
|
Common stock – 2,262 shares
|
|
264,654
|
|
|
|
MARVELL TECHNOLOGY GROUP LTD
|
Common stock – 46,643 shares
|
|
2,217,408
|
|
|
|
MASTERCARD INC CL A
|
Common stock – 18,199 shares
|
|
6,495,951
|
|
|
|
MATCH GROUP INC
|
Common stock – 18,889 shares
|
|
2,855,828
|
|
|
|
MAXIM INTEGRATED PRODUCTS INC
|
Common stock – 9,282 shares
|
|
858,309
|
|
|
|
MCDONALDS CORP
|
Common stock – 147 shares
|
|
31,543
|
|
|
|
MICROSOFT CORP
|
Common stock – 65,263 shares
|
|
14,515,796
|
|
|
|
MONGODB INC CL A
|
Common stock – 300 shares
|
|
143,616
|
|
|
|
MONOLITHIC POWER SYS INC
|
Common stock – 1,300 shares
|
|
501,003
|
|
|
|
MORGAN STANLEY
|
Common stock – 13,502 shares
|
|
925,292
|
|
|
|
MSCI INC
|
Common stock – 53 shares
|
|
23,666
|
|
|
|
NETFLIX INC
|
Common stock – 11,959 shares
|
|
6,466,590
|
|
|
|
NIKE INC CL B
|
Common stock – 18,408 shares
|
|
2,604,180
|
|
|
|
NORFOLK SOUTHERN CORP
|
Common stock – 2,673 shares
|
|
635,132
|
|
|
|
NVIDIA CORP
|
Common stock – 7,616 shares
|
|
4,029,295
|
|
|
|
PARKER HANNIFIN CORP
|
Common stock – 766 shares
|
|
208,666
|
|
|
|
PAYCOM SOFTWARE INC
|
Common stock – 1,696 shares
|
|
767,016
|
|
|
|
PAYPAL HLDGS INC
|
Common stock – 33,229 shares
|
|
7,782,232
|
|
|
|
PINDUODUO INC ADR
|
Common stock – 3,473 shares
|
|
617,048
|
|
|
|
PPD INC
|
Common stock – 6,022 shares
|
|
206,073
|
|
|
|
PPG INDUSTRIES INC
|
Common stock – 1,400 shares
|
|
201,908
|
|
|
|
QUALCOMM INC
|
Common stock – 8,327 shares
|
|
1,268,535
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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
|
|
|
|
RINGCENTRAL INC CL A
|
Common stock – 400 shares
|
|
151,588
|
|
|
|
ROKU INC CLASS A
|
Common stock – 200 shares
|
|
66,404
|
|
|
|
ROPER TECHNOLOGIES INC
|
Common stock – 3,425 shares
|
|
1,476,483
|
|
|
|
ROSS STORES INC
|
Common stock – 16,936 shares
|
|
2,079,910
|
|
|
|
S&P GLOBAL INC
|
Common stock – 5,025 shares
|
|
1,651,868
|
|
|
|
SALESFORCE.COM INC
|
Common stock – 25,024 shares
|
|
5,568,591
|
|
|
|
SCHWAB CHARLES CORP
|
Common stock – 26,118 shares
|
|
1,385,299
|
|
|
|
SEA LTD ADR
|
Common stock – 18,897 shares
|
|
3,761,448
|
|
|
|
SEAGEN INC
|
Common stock – 242 shares
|
|
42,384
|
|
|
|
SERVICENOW INC
|
Common stock – 12,811 shares
|
|
7,051,559
|
|
|
|
SHERWIN WILLIAMS CO
|
Common stock – 418 shares
|
|
307,192
|
|
|
|
SHOPIFY INC CL A
|
Common stock – 926 shares
|
|
1,048,186
|
|
|
|
SNAP INC - A
|
Common stock – 49,689 shares
|
|
2,487,928
|
|
|
|
SNOWFLAKE INC CL A
|
Common stock – 335 shares
|
|
94,269
|
|
|
|
SPLUNK INC
|
Common stock – 9,388 shares
|
|
1,594,927
|
|
|
|
SPOTIFY TECHNOLOGY SA
|
Common stock – 5,533 shares
|
|
1,741,014
|
|
|
|
SQUARE INC CL A
|
Common stock – 1,100 shares
|
|
239,404
|
|
|
|
STARBUCKS CORP
|
Common stock – 1,700 shares
|
|
213,960
|
|
|
|
STATE STREET CORP
|
Common stock – 445 shares
|
|
32,387
|
|
|
|
STRYKER CORP
|
Common stock – 15,521 shares
|
|
3,803,266
|
|
|
|
SYNOPSYS INC
|
Common stock – 8,315 shares
|
|
2,155,581
|
|
|
|
T-MOBILE US INC
|
Common stock – 121,365 shares
|
|
121,365
|
|
|
|
TE CONNECTIVITY LTD
|
Common stock – 4,665 shares
|
|
564,792
|
|
|
|
TENCENT HOLDINGS LTD
|
Common stock – 100,200 shares
|
|
7,289,670
|
|
|
|
TEXAS INSTRUMENTS INC
|
Common stock – 4,221 shares
|
|
692,793
|
|
|
|
THE BOOKING HOLDINGS INC
|
Common stock – 1,037 shares
|
|
2,309,679
|
|
|
|
THERMO FISHER SCIENTIFIC INC
|
Common stock – 5,861 shares
|
|
2,683,359
|
|
|
|
TJX COMPANIES INC NEW
|
Common stock – 7,810 shares
|
|
533,345
|
|
|
|
TWILIO INC CLASS A
|
Common stock – 800 shares
|
|
270,800
|
|
|
|
UNION PACIFIC CORP
|
Common stock – 3,294 shares
|
|
685,877
|
|
|
|
UNITED AIRLINES HOLDINGS INC
|
Common stock – 123 shares
|
|
5,320
|
|
|
|
UNITEDHEALTH GROUP INC
|
Common stock – 15,940 shares
|
|
5,589,839
|
|
|
|
VEEVA SYS INC CL A
|
Common stock – 2,660 shares
|
|
724,185
|
|
|
|
VERTEX PHARMACEUTICALS INC
|
Common stock – 12,182 shares
|
|
2,879,094
|
|
|
|
VF CORP
|
Common stock – 2,900 shares
|
|
247,689
|
|
|
|
VISA INC CL A
|
Common stock – 39,809 shares
|
|
8,707,423
|
|
|
|
WILLIS TOWERS WATSON PLC
|
Common stock – 2,331 shares
|
|
491,095
|
|
|
|
WIX.COM LTD
|
Common stock – 4,623 shares
|
|
1,155,565
|
|
|
|
WORKDAY INC CL A
|
Common stock – 4,914 shares
|
|
1,129,522
|
|
|
|
YUM BRANDS INC
|
Common stock – 7,924 shares
|
|
860,229
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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
|
|
|
|
ZOETIS INC CL A
|
Common stock – 6,126 shares
|
|
1,013,853
|
|
|
|
ZOOM VIDEO COMM INC CL A
|
Common stock – 1,432 shares
|
|
449,310
|
|
|
|
|
|
|
|
|
|
|
William Blair U.S. Small/Mid Cap Growth Equity Portfolio:
|
|
|
|
|
|
Interest-bearing Cash:
|
|
|
|
|
|
BROWN BROTHERS HARRIMAN
|
Short-term bank deposit
|
|
1,261,664
|
|
|
|
Common Stock:
|
|
|
|
|
|
10X GENOMICS INC
|
Common stock – 6,169 shares
|
|
873,530
|
|
|
|
ABIOMED INC
|
Common stock – 2,066 shares
|
|
669,797
|
|
|
|
ACADIA HEALTHCARE CO INC
|
Common stock – 11,332 shares
|
|
569,546
|
|
|
|
ADVANCE AUTO PARTS INC
|
Common stock – 5,395 shares
|
|
849,766
|
|
|
|
ALARM.COM HOLDINGS INC
|
Common stock –12,067 shares
|
|
1,248,331
|
|
|
|
AMEDISYS INC
|
Common stock – 3,836 shares
|
|
1,125,214
|
|
|
|
ARES MANAGEMENT CORP CL A
|
Common stock – 16,382 shares
|
|
770,773
|
|
|
|
ASPEN TECHNOLOGIES
|
Common stock – 7,419 shares
|
|
966,325
|
|
|
|
AVALARA INC
|
Common stock – 6,583 shares
|
|
1,085,471
|
|
|
|
AXON ENTERPRISE INC
|
Common stock – 8,771 shares
|
|
1,074,711
|
|
|
|
BIO TECHNE CORP
|
Common stock – 3,553 shares
|
|
1,128,255
|
|
|
|
BJS WHSL CLUB HLDGS INC
|
Common stock – 28,379 shares
|
|
1,057,969
|
|
|
|
BLUEPRINT MEDICINES CORP
|
Common stock – 4,486 shares
|
|
503,105
|
|
|
|
BOOZ ALLEN HAMILTON HLDG CL A
|
Common stock – 6,030 shares
|
|
525,695
|
|
|
|
BRIGHT HORIZONS FAMILY SOL INC
|
Common stock – 5,708 shares
|
|
987,427
|
|
|
|
BRINKS CO
|
Common stock – 20,674 shares
|
|
1,488,528
|
|
|
|
BROOKS AUTOMATION INC
|
Common stock – 15,946 shares
|
|
1,081,936
|
|
|
|
BUILDERS FIRSTSOURCE
|
Common stock – 22,934 shares
|
|
935,937
|
|
|
|
BURLINGTON STORES INC
|
Common stock – 2,448 shares
|
|
640,274
|
|
|
|
BWX TECHNOLOGIES INC
|
Common stock – 29,528 shares
|
|
1,779,948
|
|
|
|
CABLE ONE INC W/I
|
Common stock – 509 shares
|
|
1,133,909
|
|
|
|
CAMECO CORP
|
Common stock – 58,210 shares
|
|
780,014
|
|
|
|
CREE INC
|
Common stock – 7,798 shares
|
|
825,808
|
|
|
|
CROWN HOLDINGS INC
|
Common stock – 14,843 shares
|
|
1,487,269
|
|
|
|
ENCOMPASS HEALTH CORP
|
Common stock – 19,335 shares
|
|
1,598,811
|
|
|
|
ENTEGRIS INC
|
Common stock – 7,367 shares
|
|
707,969
|
|
|
|
ETSY INC
|
Common stock – 10,033 shares
|
|
1,784,971
|
|
|
|
EURONET WORLDWIDE INC
|
Common stock – 7,923 shares
|
|
1,148,201
|
|
|
|
FIRSTCASH INC
|
Common stock – 8,552 shares
|
|
598,982
|
|
|
|
FIRSTSERVICE CORP (US)
|
Common stock – 5,751 shares
|
|
786,507
|
|
|
|
GENERAC HOLDINGS INC
|
Common stock – 3,983 shares
|
|
905,774
|
|
|
|
GODADDY INC CL A
|
Common stock – 11,210 shares
|
|
929,869
|
|
|
|
GRAND CANYON EDUCATION INC
|
Common stock – 17,539 shares
|
|
1,633,056
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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
|
|
|
|
GUIDEWIRE SOFTWARE INC
|
Common stock – 4,631 shares
|
|
596,149
|
|
|
|
HALOZYME THERAPEUTICS INC
|
Common stock – 28,091 shares
|
|
1,199,767
|
|
|
|
HEALTHEQUITY INC
|
Common stock – 16,232 shares
|
|
1,131,533
|
|
|
|
HEICO CORP CL A
|
Common stock – 4,842 shares
|
|
566,805
|
|
|
|
HELEN OF TROY LTD
|
Common stock – 4,646 shares
|
|
1,032,295
|
|
|
|
HORIZON THERAPEUTICS PLC
|
Common stock – 22,864 shares
|
|
1,672,502
|
|
|
|
INSMED INC
|
Common stock – 14,756 shares
|
|
491,227
|
|
|
|
INSPIRE MEDICAL SYSTEMS INC
|
Common stock – 2,699 shares
|
|
507,655
|
|
|
|
INSULET CORP
|
Common stock – 4,190 shares
|
|
1,071,090
|
|
|
|
J2 GLOBAL INC
|
Common stock – 7,757 shares
|
|
757,781
|
|
|
|
LIGAND PHARMACEUTICALS
|
Common stock – 7,971 shares
|
|
792,716
|
|
|
|
LINCOLN ELECTRIC HLDGS INC
|
Common stock – 4,724 shares
|
|
549,165
|
|
|
|
LIVE NATION ENTERTAINMENT INC
|
Common stock – 10,614 shares
|
|
779,917
|
|
|
|
LIVERAMP HOLDINGS INC
|
Common stock – 12,658 shares
|
|
926,439
|
|
|
|
MARTIN MARIETTA MATERIALS INC
|
Common stock – 5,725 shares
|
|
1,625,728
|
|
|
|
MASIMO CORP
|
Common stock – 2,246 shares
|
|
602,781
|
|
|
|
MAXIMUS INC
|
Common stock – 5,436 shares
|
|
397,861
|
|
|
|
MERCURY SYSTEMS INC
|
Common stock – 15,335 shares
|
|
1,350,400
|
|
|
|
MERIT MEDICAL SYSTEMS INC
|
Common stock – 12,279 shares
|
|
681,607
|
|
|
|
MONGODB INC CL A
|
Common stock – 2,506 shares
|
|
899,754
|
|
|
|
NATIONAL INSTRUMENT CORP
|
Common stock – 17,305 shares
|
|
760,382
|
|
|
|
NATIONAL VISION HOLDINGS INC
|
Common stock – 15,842 shares
|
|
717,484
|
|
|
|
NEW FORTRESS ENERGY INC
|
Common stock – 11,275 shares
|
|
604,227
|
|
|
|
NICE LTD SPON ADR
|
Common stock – 5,651 shares
|
|
1,602,285
|
|
|
|
NOVANTA INC
|
Common stock – 4,549 shares
|
|
537,783
|
|
|
|
PENUMBRA INC
|
Common stock – 5,957 shares
|
|
1,042,475
|
|
|
|
PROOFPOINT INC
|
Common stock – 4,790 shares
|
|
653,404
|
|
|
|
PURE STORAGE INC CL A
|
Common stock – 60,906 shares
|
|
1,377,085
|
|
|
|
RITCHIE BROS AUCTIONEERS (USA)
|
Common stock – 18,132 shares
|
|
1,261,081
|
|
|
|
SOLAREDGE TECHNOLOGIES INC
|
Common stock – 3,820 shares
|
|
1,219,038
|
|
|
|
STAR PEAK ENERGY TRANSITION
|
Common stock – 19,943 shares
|
|
408,034
|
|
|
|
STERIS PLC
|
Common stock – 5,197 shares
|
|
985,039
|
|
|
|
TELEDYNE TECHNOLOGIES INC
|
Common stock – 2,100 shares
|
|
823,158
|
|
|
|
TELEFLEX INC
|
Common stock – 2,226 shares
|
|
916,155
|
|
|
|
TERMINIX GLOBAL HLDGS INC
|
Common stock – 13,281 shares
|
|
677,464
|
|
|
|
TREX CO INC
|
Common stock – 15,032 shares
|
|
1,258,479
|
|
|
|
TWIST BIOSCIENCE CORP
|
Common stock – 2,968 shares
|
|
419,349
|
|
|
|
ULTA BEAUTY INC
|
Common stock – 1,716 shares
|
|
492,767
|
|
|
|
VARONIS SYSTEMS INC
|
Common stock – 5,494 shares
|
|
898,873
|
|
|
|
VERACYTE INC
|
Common stock – 22,721 shares
|
|
1,111,966
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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
|
|
|
|
VIRTU FINANCIAL INC CL A
|
Common stock – 28,430 shares
|
|
715,583
|
|
|
|
WESTERN ALLIANCE BANCORP
|
Common stock – 9,154 shares
|
|
548,782
|
|
|
|
ZENDESK INC
|
Common stock – 5,128 shares
|
|
733,919
|
|
|
|
ZYNGA INC
|
Common stock – 94,666 shares
|
|
934,353
|
|
|
|
|
|
|
436,594,098
|
|
|
|
|
|
|
|
|
|
|
*
|
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.
|
|
101,878,515
|
|
|
|
|
|
|
|
|
|
|
|
Investments (at fair value)
|
|
1,524,022,016
|
|
|
|
|
|
|
|
|
|
*
|
Participant Loans
|
Loans extended to participants at interest rates of 4.25% to 9.5%
|
|
20,738,596
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
1,544,760,612
|
|
|
*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 10, 2021
EXHIBIT INDEX
|
|
|
|
|
|
|
|
|
|
Exhibit
No.
|
|
Description
|
|
23
|
|
Consent of Independent Registered Public Accounting Firm
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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