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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, 2017
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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, 2017 and 2016, and the related statement of changes in net assets available for benefits for the year ended December 31, 2017, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan at December 31, 2017 and 2016, and the changes in its net assets available for benefits for the year ended December 31, 2017, in conformity with U.S. generally accepted accounting principles.
Basis for Opinion
These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on the Plan’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
Supplemental Schedule
The accompanying supplemental schedule of assets (held at end of year) as of December 31, 2017, has been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The information in the supplemental schedule is the responsibility of the Plan’s management. Our audit procedures included determining whether the information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental schedule. In forming our opinion on the information, we evaluated whether such information, including its form and content, is presented in conformity with the Department of Labor’s Rules
and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the information is fairly stated, in all material respects, in relation to the financial statements as a whole.
/s/ Ernst & Young LLP
We have served as the Plan’s auditor since 1998.
Tulsa, Oklahoma
June 14, 2018
THE WILLIAMS INVESTMENT PLUS PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
December 31, 2017 and 2016
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2017
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2016
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Assets:
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Investments (at fair value)
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$
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1,370,333,954
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$
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1,201,355,403
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Notes receivable from participants
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22,818,203
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22,950,039
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Non-interest bearing cash
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94,938
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3,906,095
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Receivables
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882,739
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2,384,976
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Due from Fidelity Management Trust Company
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-
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204,989
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Total assets (at fair value)
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1,394,129,834
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1,230,801,502
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Liabilities:
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Accrued liabilities
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1,072,518
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683,390
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Total liabilities
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1,072,518
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683,390
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Net assets available for benefits
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$
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1,393,057,316
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$
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1,230,118,112
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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, 2017
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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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52,194,758
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Employer
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33,652,466
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Rollovers
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7,457,065
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Total contributions
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93,304,289
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Net investment income:
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Net increase in fair value of investments
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207,950,200
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Dividends
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11,920,844
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Interest
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130,623
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Total net investment income
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220,001,667
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Interest income on notes receivable from participants
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1,057,840
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Total additions to net assets
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314,363,796
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Deductions from net assets:
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Withdrawals
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149,805,423
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Administrative expenses
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2,434,523
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Dividend distributions
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64,799
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Total deductions from net assets
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152,304,745
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Net increase during the year
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162,059,051
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Transfer from Mid-South PACE Savings and Retirement Plan (Note 1)
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880,153
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Net assets available for benefits at beginning of year
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1,230,118,112
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Net assets available for benefits at end of year
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$
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1,393,057,316
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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, 2017
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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”), excluding employees represented by certain collective bargaining agreements and certain other employees, 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 was amended to provide for the transfer of the participant accounts of the Mid-South PACE Savings and Retirement Plan to the Plan effective November 30, 2017. The net assets transferred to the Plan are included on the Statement of Changes in Net Assets Available for Benefits as Transfer from Mid-South PACE Savings and Retirement 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.
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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DECEMBER 31, 2017
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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.
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 2017.
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.
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, funds comprised of common stock of Chesapeake Energy Company, which transferred to the Plan from the Access Midstream Partners GP, LLC 401(k) Savings Plan, are closed to new investments, including contributions and exchanges. Additionally, dividend payments on the Chesapeake Energy Company common stock, if applicable, are reinvested in additional shares of common stock.
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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DECEMBER 31, 2017
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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.
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, 2017
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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. Upon electing a financial hardship withdrawal, a participant is suspended from participation in the Plan for six months.
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.
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.
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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DECEMBER 31, 2017
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Net investment income, 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 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, except as indicated within this Note. Benefit payments 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, 2017 or 2016. 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.
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.
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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DECEMBER 31, 2017
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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 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 deposit, and government and corporate bonds. The Plan has no Level 3 investments.
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
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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DECEMBER 31, 2017
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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 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, 2017 and 2016. Additionally, there were no significant transfers or reclassifications of investments between Level 1 and Level 2 during 2017. If transfers between levels had occurred, the transfers would have been recognized as of the end of the period.
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.
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, 2017 and 2016, 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 below 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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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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$
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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
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Total investments at fair value
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$
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1,370,333,954
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2016:
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Mutual funds
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$
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143,486,703
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$
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—
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$
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—
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$
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143,486,703
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Self-directed brokerage fund
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73,039,673
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526,653
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—
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73,566,326
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Common stocks
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360,929,192
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—
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—
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360,929,192
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$
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577,455,568
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$
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526,653
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$
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—
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577,982,221
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Common/collective trusts
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623,373,182
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Total investments at fair value
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$
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1,201,355,403
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
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DECEMBER 31, 2017
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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.
During 2017, the Plan received revenue sharing credits from FMTC for 2016 credits. Revenue sharing credits are refunds of a portion of the revenue Fidelity and other fund managers have received and are generally based on the funds participants have chosen. These credits were allocated to eligible participant accounts during 2017. The revenue sharing credits received in 2017 were recognized on the Statement of Changes in Net Assets Available for Benefits in 2016 and included on the December 31, 2016 Statement of Net Assets Available for Benefits as Due from Fidelity Management Trust Company.
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
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THE WILLIAMS INVESTMENT PLUS PLAN
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NOTES TO FINANCIAL STATEMENTS
|
DECEMBER 31, 2017
|
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, 2017 and 2016, 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:
|
|
|
|
|
|
|
|
|
|
2017
|
|
2016
|
Net assets available for benefits per the financial statements
|
$
|
1,393,057,316
|
|
|
$
|
1,230,118,112
|
|
Amounts allocated to withdrawing participants
|
(53,870
|
)
|
|
(46,639
|
)
|
Net assets available for benefits per the Form 5500
|
$
|
1,393,003,446
|
|
|
$
|
1,230,071,473
|
|
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 per the Form 5500 for the year ended December 31, 2017:
|
|
|
|
|
Net increase during the year
|
$
|
162,059,051
|
|
Less: Amounts allocated to withdrawing participants at December 31, 2017
|
(53,870
|
)
|
Add: Amounts allocated to withdrawing participants at December 31, 2016
|
46,639
|
|
Net income per Form 5500
|
$
|
162,051,820
|
|
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, 2017, 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, 2017
|
|
|
|
|
|
|
|
(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 – 88,206,282 shares
|
|
$
|
88,206,282
|
|
*
|
Fidelity
|
Fidelity Diversified International Commingled Pool – 5,362,788 shares
|
|
69,930,755
|
|
|
Prudential
|
Prudential Core Plus Bond Fund Class 5 – 336,359 shares
|
|
54,315,224
|
|
|
Vanguard
|
Vanguard Target Retirement Income Trust II – 506,258 shares
|
|
17,197,575
|
|
|
Vanguard
|
Vanguard Target Retirement 2015 Trust II – 203,099 shares
|
|
6,588,519
|
|
|
Vanguard
|
Vanguard Target Retirement 2020 Trust II – 3,389,859 shares
|
|
111,594,159
|
|
|
Vanguard
|
Vanguard Target Retirement 2025 Trust II – 1,725,468 shares
|
|
56,767,896
|
|
|
Vanguard
|
Vanguard Target Retirement 2030 Trust II – 3,591,694 shares
|
|
117,340,644
|
|
|
Vanguard
|
Vanguard Target Retirement 2035 Trust II – 741,743 shares
|
|
24,611,049
|
|
|
Vanguard
|
Vanguard Target Retirement 2040 Trust II – 2,337,295 shares
|
|
80,052,360
|
|
|
Vanguard
|
Vanguard Target Retirement 2045 Trust II – 607,108 shares
|
|
20,920,947
|
|
|
Vanguard
|
Vanguard Target Retirement 2050 Trust II – 1,271,429 shares
|
|
44,004,146
|
|
|
Vanguard
|
Vanguard Target Retirement 2055 Trust II – 213,843 shares
|
|
9,913,754
|
|
|
Vanguard
|
Vanguard Target Retirement 2060 Trust II – 93,255 shares
|
|
3,408,470
|
|
|
Vanguard
|
Vanguard Target Retirement 2065 Trust II – 1,113 shares
|
|
25,016
|
|
|
|
|
|
704,876,796
|
|
|
Registered Investment Companies
|
|
|
|
PIMCO
|
PIMCO Real Return Fund Institutional Class – 552,710 shares
|
|
6,112,975
|
|
*
|
Fidelity
|
Fidelity U.S. Bond Index Fund Institutional Class – 877,890 shares
|
|
10,174,741
|
|
|
Vanguard
|
Vanguard Extended Market Index Fund Institutional Shares – 263,693 shares
|
|
22,347,973
|
|
|
Vanguard
|
Vanguard Institutional Index Fund Institutional Shares – 560,514 shares
|
|
136,462,730
|
|
|
Vanguard
|
Vanguard Total International Stock Index Fund Institutional Shares – 127,347 shares
|
|
15,540,105
|
|
|
|
|
|
190,638,524
|
|
|
|
|
|
|
Common Stock
|
|
|
|
|
Chesapeake Energy Co.
|
Common stock – 481,654 shares
|
|
1,907,349
|
|
*
|
The Williams Companies, Inc.
|
Common stock – 354,249 shares
|
|
10,803,814
|
|
|
|
|
|
12,711,163
|
|
|
|
|
|
|
|
Investments held in Separately Managed Accounts
|
|
|
|
Macquarie U.S. Large Cap Value Equity Portfolio:
|
|
|
|
Interest-bearing Cash:
|
|
|
|
BROWN BROTHERS HARRIMAN
|
Short-term investment fund – 741,392 units
|
|
741,392
|
|
|
|
|
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2017
|
|
|
|
|
|
|
|
(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 – 36,153 shares
|
|
2,063,252
|
|
|
ALLSTATE CORPORATION
|
Common stock – 19,358 shares
|
|
2,026,976
|
|
|
ARCHER DANIELS MIDLAND CO
|
Common stock – 46,315 shares
|
|
1,856,305
|
|
|
AT&T INC
|
Common stock – 52,082 shares
|
|
2,024,948
|
|
|
BANK OF NEW YORK MELLON CORP
|
Common stock – 37,396 shares
|
|
2,014,148
|
|
|
BB&T CORP
|
Common stock – 41,700 shares
|
|
2,073,324
|
|
|
CA INC
|
Common stock – 59,450 shares
|
|
1,978,496
|
|
|
CARDINAL HEALTH INC
|
Common stock – 29,320 shares
|
|
1,796,436
|
|
|
CHEVRON CORP
|
Common stock – 17,009 shares
|
|
2,129,357
|
|
|
CISCO SYSTEMS INC
|
Common stock – 56,046 shares
|
|
2,146,562
|
|
|
CONOCOPHILLIPS
|
Common stock – 41,397 shares
|
|
2,272,281
|
|
|
CVS HEALTH CORP
|
Common stock – 25,584 shares
|
|
1,854,840
|
|
|
DOLLAR TREE INC
|
Common stock – 20,000 shares
|
|
2,146,200
|
|
|
DOWDUPONT INC
|
Common stock – 26,756 shares
|
|
1,905,562
|
|
|
EDISON INTL
|
Common stock – 24,761 shares
|
|
1,565,886
|
|
|
EQUITY RESIDENTIAL REIT
|
Common stock – 28,689 shares
|
|
1,829,497
|
|
|
EXPRESS SCRIPTS HLDG CO
|
Common stock – 31,600 shares
|
|
2,358,624
|
|
|
HALLIBURTON CO
|
Common stock – 44,411 shares
|
|
2,170,366
|
|
|
INTEL CORP
|
Common stock – 45,634 shares
|
|
2,106,465
|
|
|
JOHNSON & JOHNSON
|
Common stock – 14,718 shares
|
|
2,056,399
|
|
|
LOWES COS INC
|
Common stock – 25,214 shares
|
|
2,343,389
|
|
|
MARATHON OIL CORP
|
Common stock – 138,520 shares
|
|
2,345,144
|
|
|
MARSH & MCLENNAN COS INC
|
Common stock – 24,575 shares
|
|
2,000,159
|
|
|
MERCK & CO INC NEW
|
Common stock – 31,849 shares
|
|
1,792,143
|
|
|
MONDELEZ INTERNATIONAL INC
|
Common stock – 46,102 shares
|
|
1,973,166
|
|
|
NORTHROP GRUMMAN CORP
|
Common stock – 6,893 shares
|
|
2,115,531
|
|
|
OCCIDENTAL PETROLEUM CORP
|
Common stock – 31,100 shares
|
|
2,290,826
|
|
|
ORACLE CORP
|
Common stock – 38,238 shares
|
|
1,807,893
|
|
|
PFIZER INC
|
Common stock – 55,798 shares
|
|
2,021,004
|
|
|
QUEST DIAGNOSTICS INC
|
Common stock – 19,312 shares
|
|
1,902,039
|
|
|
RAYTHEON CO
|
Common stock – 10,609 shares
|
|
1,992,901
|
|
|
VERIZON COMMUNICATIONS INC
|
Common stock – 40,822 shares
|
|
2,160,708
|
|
|
WASTE MANAGEMENT INC
|
Common stock – 24,052 shares
|
|
2,075,688
|
|
|
|
|
|
|
|
LSV U.S. Small/Mid Cap Value Equity Portfolio:
|
|
|
|
Interest-bearing Cash:
|
|
|
|
BROWN BROTHERS HARRIMAN
|
Short-term investment fund – 225,069 units
|
|
225,069
|
|
|
Common Stock:
|
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2017
|
|
|
|
|
|
|
|
(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
|
|
AARONS INC A
|
Common stock – 5,100 shares
|
|
203,235
|
|
|
ADTALEM GLOBAL EDUCATION INC
|
Common stock – 6,200 shares
|
|
260,710
|
|
|
AIR LEASE CORP CL A
|
Common stock – 9,100 shares
|
|
437,619
|
|
|
ALLISON TRANSMISSION HLDGS INC
|
Common stock – 6,200 shares
|
|
267,034
|
|
|
AMC NETWORKS INC CL A
|
Common stock – 2,800 shares
|
|
151,424
|
|
|
AMERICAN FINL GROUP INC OHIO
|
Common stock – 2,000 shares
|
|
217,080
|
|
|
AMN HEALTHCARE SERVICES INC
|
Common stock – 2,500 shares
|
|
123,125
|
|
|
ARROW ELECTRONICS INC
|
Common stock – 4,700 shares
|
|
377,927
|
|
|
ASHFORD HOSPITALITY PRIME INC
|
Common stock – 11,700 shares
|
|
113,841
|
|
|
ASSURED GUARANTY LTD
|
Common stock – 7,600 shares
|
|
257,412
|
|
|
AXIS CAPITAL HOLDINGS LTD
|
Common stock – 5,500 shares
|
|
276,430
|
|
|
BANCO LATINOAMERICANO DE COMER
|
Common stock – 13,100 shares
|
|
352,390
|
|
|
BANKUNITED INC
|
Common stock – 7,100 shares
|
|
289,112
|
|
|
BEAZER HOMES USA INC
|
Common stock – 15,200 shares
|
|
291,992
|
|
|
BED BATH & BEYOND INC
|
Common stock – 5,400 shares
|
|
118,746
|
|
|
BERKSHIRE HILLS BANCORP INC
|
Common stock – 7,400 shares
|
|
270,840
|
|
|
BIG 5 SPORTING GOODS CORP
|
Common stock – 7,800 shares
|
|
59,280
|
|
|
BLOCK H & R INC
|
Common stock – 7,300 shares
|
|
191,406
|
|
|
BLOOMIN BRANDS INC
|
Common stock – 9,700 shares
|
|
206,998
|
|
|
BORGWARNER INC
|
Common stock – 4,600 shares
|
|
235,014
|
|
|
BUNGE LIMITED
|
Common stock – 2,500 shares
|
|
167,700
|
|
|
C N A FINANCIAL CORP
|
Common stock – 10,700 shares
|
|
567,635
|
|
|
CABOT CORP
|
Common stock – 2,900 shares
|
|
178,611
|
|
|
CAMDEN NATIONAL CORP
|
Common stock – 7,300 shares
|
|
307,549
|
|
|
CENTENE CORP
|
Common stock – 2,100 shares
|
|
211,848
|
|
|
CHATHAM LODGING TRUST
|
Common stock – 11,400 shares
|
|
259,464
|
|
|
CIRRUS LOGIC INC
|
Common stock – 5,800 shares
|
|
300,788
|
|
|
CIT GROUP INC
|
Common stock – 6,400 shares
|
|
315,072
|
|
|
CITY OFFICE REIT INC
|
Common stock – 18,400 shares
|
|
239,384
|
|
|
CNO FINANCIAL GROUP INC
|
Common stock – 16,200 shares
|
|
399,978
|
|
|
COMMUNITY TRUST BANCORP INC
|
Common stock – 3,200 shares
|
|
150,720
|
|
|
CONVERGYS CORP
|
Common stock – 14,400 shares
|
|
338,400
|
|
|
COOPER STANDARD HOLDING INC
|
Common stock – 2,200 shares
|
|
269,500
|
|
|
CORENERGY INFRASTR TR INC
|
Common stock – 4,800 shares
|
|
183,360
|
|
|
CROWN HOLDINGS INC
|
Common stock – 2,400 shares
|
|
135,000
|
|
|
CUSTOMERS BANCORP INC
|
Common stock – 7,500 shares
|
|
194,925
|
|
|
DANA INC
|
Common stock – 8,800 shares
|
|
281,688
|
|
|
DDR CORP
|
Common stock – 18,500 shares
|
|
165,760
|
|
|
DELUXE CORP
|
Common stock – 4,300 shares
|
|
330,412
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2017
|
|
|
|
|
|
|
|
(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
|
|
DILLARDS INC CL A
|
Common stock – 2,900 shares
|
|
174,145
|
|
|
DIME COMMUNITY BANCSHARES INC
|
Common stock – 16,200 shares
|
|
339,390
|
|
|
DOMTAR CORP
|
Common stock – 7,600 shares
|
|
376,352
|
|
|
EASTMAN CHEMICAL CO
|
Common stock – 5,900 shares
|
|
546,576
|
|
|
ENCOMPASS HEALTH CORP
|
Common stock – 6,300 shares
|
|
311,283
|
|
|
ENERGIZER HLDGS INC
|
Common stock – 6,200 shares
|
|
297,476
|
|
|
ENTERGY CORP
|
Common stock – 4,700 shares
|
|
382,533
|
|
|
F5 NETWORKS INC
|
Common stock – 1,800 shares
|
|
236,196
|
|
|
FEDERAL AGRI MTG NON VTG CL C
|
Common stock – 4,200 shares
|
|
328,608
|
|
|
FINANCIAL INSTITUTIONS INC
|
Common stock – 5,000 shares
|
|
155,500
|
|
|
FIRST AMERICAN FINANCIAL CORP
|
Common stock – 6,400 shares
|
|
358,656
|
|
|
FIRST DEFIANCE FINL CORP
|
Common stock – 5,000 shares
|
|
259,850
|
|
|
FIRSTENERGY CORP
|
Common stock – 15,100 shares
|
|
462,362
|
|
|
FLEX LTD
|
Common stock – 17,200 shares
|
|
309,428
|
|
|
FRANKLIN STREET PPTYS CORP
|
Common stock – 9,800 shares
|
|
105,252
|
|
|
GATX CORP
|
Common stock – 4,600 shares
|
|
285,936
|
|
|
GLOBAL BRASS &COPPER HLDGS INC
|
Common stock – 7,700 shares
|
|
254,870
|
|
|
GOODYEAR TIRE & RUBBER CO
|
Common stock – 10,000 shares
|
|
323,100
|
|
|
GOVERNMENT PPTYS INCOME TRUST
|
Common stock – 12,600 shares
|
|
233,604
|
|
|
GREAT SOUTHERN BANCORP INC
|
Common stock – 4,500 shares
|
|
232,425
|
|
|
HANMI FINANCIAL CORPORATION
|
Common stock – 4,900 shares
|
|
148,715
|
|
|
HAVERTY FURNITURE COS INC
|
Common stock – 8,200 shares
|
|
185,730
|
|
|
HAWAIIAN HLDGS INC
|
Common stock – 5,900 shares
|
|
235,115
|
|
|
HEARTLAND FINANCIAL USA INC
|
Common stock – 5,700 shares
|
|
305,805
|
|
|
HOSPITALITY PROPERTY TR REIT
|
Common stock – 13,500 shares
|
|
402,975
|
|
|
HUNTSMAN CORP
|
Common stock – 20,200 shares
|
|
672,458
|
|
|
INDEPENDENCE REALTY TR INC
|
Common stock – 21,400 shares
|
|
215,926
|
|
|
INTEGER HOLDINGS CORP
|
Common stock – 3,400 shares
|
|
154,020
|
|
|
ITT INC
|
Common stock – 6,800 shares
|
|
362,916
|
|
|
JABIL INC
|
Common stock – 13,400 shares
|
|
351,750
|
|
|
JERNIGAN CAPITAL INC
|
Common stock – 7,300 shares
|
|
138,773
|
|
|
JETBLUE AIRWAYS CORP
|
Common stock – 13,500 shares
|
|
301,590
|
|
|
JUNIPER NETWORKS INC
|
Common stock – 11,700 shares
|
|
333,450
|
|
|
KELLY SERVICES INC CL A
|
Common stock – 6,500 shares
|
|
177,255
|
|
|
KOHLS CORP
|
Common stock – 5,300 shares
|
|
287,419
|
|
|
KRATON CORP
|
Common stock – 5,300 shares
|
|
255,301
|
|
|
LANNETT INC
|
Common stock – 6,900 shares
|
|
160,080
|
|
|
LAZARD LTD CL A
|
Common stock – 7,900 shares
|
|
414,750
|
|
|
LEAR CORP NEW
|
Common stock – 2,100 shares
|
|
370,986
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2017
|
|
|
|
|
|
|
|
(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
|
|
268,672
|
|
|
LEXINGTON REALTY TRUST REIT
|
Common stock – 24,900 shares
|
|
240,285
|
|
|
LIFEPOINT HEALTH INC
|
Common stock – 6,800 shares
|
|
338,640
|
|
|
MACK CALI REALTY CORP REIT
|
Common stock – 8,200 shares
|
|
176,792
|
|
|
MAIDEN HLDGS LTD
|
Common stock – 18,600 shares
|
|
122,760
|
|
|
MALLINCKRODT PLC
|
Common stock – 7,900 shares
|
|
178,224
|
|
|
MANPOWERGROUP INC
|
Common stock – 4,400 shares
|
|
554,884
|
|
|
MCDERMOTT INTL INC
|
Common stock – 42,000 shares
|
|
276,360
|
|
|
MEDICAL PPTY TR INC
|
Common stock – 22,100 shares
|
|
304,538
|
|
|
MERITOR INC
|
Common stock – 18,000 shares
|
|
422,280
|
|
|
MGIC INVESTMENT CORP
|
Common stock – 30,100 shares
|
|
424,711
|
|
|
MICHAEL KORS HOLDINGS LTD
|
Common stock – 5,200 shares
|
|
327,340
|
|
|
MILLER HERMAN INC
|
Common stock – 9,800 shares
|
|
392,490
|
|
|
MURPHY OIL CORP
|
Common stock – 6,800 shares
|
|
211,140
|
|
|
MURPHY USA INC
|
Common stock – 2,900 shares
|
|
233,044
|
|
|
NAVIENT CORP
|
Common stock – 16,900 shares
|
|
225,108
|
|
|
NCR CORP
|
Common stock – 6,500 shares
|
|
220,935
|
|
|
NELNET INC CL A
|
Common stock – 3,000 shares
|
|
164,340
|
|
|
NETGEAR INC
|
Common stock – 3,700 shares
|
|
217,375
|
|
|
NEW MOUNTAIN FINANCE CORP
|
Common stock – 16,800 shares
|
|
227,640
|
|
|
NEWTEK BUSINESS SERVICES CORP
|
Common stock – 9,100 shares
|
|
168,259
|
|
|
OFFICE DEPOT INC
|
Common stock – 41,700 shares
|
|
147,618
|
|
|
OMEGA HEALTHCARE INVESTORS INC
|
Common stock – 10,100 shares
|
|
278,154
|
|
|
ON SEMICONDUCTOR CORP
|
Common stock – 21,900 shares
|
|
458,586
|
|
|
OWENS AND MINOR INC
|
Common stock – 9,100 shares
|
|
171,808
|
|
|
OWENS CORNING INC
|
Common stock – 6,700 shares
|
|
615,998
|
|
|
OWENS ILLINOIS INC
|
Common stock – 14,200 shares
|
|
314,814
|
|
|
PACKAGING CORP OF AMERICA
|
Common stock – 1,200 shares
|
|
144,660
|
|
|
PBF ENERGY INC CL A
|
Common stock – 5,500 shares
|
|
194,975
|
|
|
PENNANTPARK INVESTMENT CORP
|
Common stock – 23,300 shares
|
|
161,003
|
|
|
PENSKE AUTOMOTIVE GROUP INC
|
Common stock – 4,300 shares
|
|
205,755
|
|
|
PIEDMONT OFFICE REALTY TRUST A
|
Common stock – 9,900 shares
|
|
194,139
|
|
|
PROSPECT CAPITAL CORP FD
|
Common stock – 27,200 shares
|
|
183,328
|
|
|
PULTEGROUP INC
|
Common stock – 6,300 shares
|
|
209,475
|
|
|
RADIAN GROUP INC
|
Common stock – 12,000 shares
|
|
247,320
|
|
|
REGIONAL MANAGEMENT CORP
|
Common stock – 6,500 shares
|
|
171,015
|
|
|
REINSURANCE GROUP OF AMERICA
|
Common stock – 2,800 shares
|
|
436,604
|
|
|
SABRA HEALTHCARE REIT INC
|
Common stock – 17,079 shares
|
|
320,573
|
|
|
SANDERSON FARMS INC
|
Common stock – 3,000 shares
|
|
416,340
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2017
|
|
|
|
|
|
|
|
(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
|
|
SANMINA CORP
|
Common stock – 7,900 shares
|
|
260,700
|
|
|
SCANA CORP
|
Common stock – 3,400 shares
|
|
135,252
|
|
|
SCANSOURCE INC
|
Common stock – 7,200 shares
|
|
257,760
|
|
|
SCRIPPS NETWORK INTER CL A
|
Common stock – 3,800 shares
|
|
324,444
|
|
|
SELECT INCOME REIT
|
Common stock – 15,100 shares
|
|
379,463
|
|
|
SONIC AUTOMOTIVE INC CL A
|
Common stock – 10,100 shares
|
|
186,345
|
|
|
SPIRIT AEROSYSTEM HLD INC CL A
|
Common stock – 7,300 shares
|
|
636,925
|
|
|
STEELCASE INC CLASS A
|
Common stock – 18,600 shares
|
|
282,720
|
|
|
STONERIDGE INC
|
Common stock – 7,900 shares
|
|
180,594
|
|
|
SUCAMPO PHARMACEUTICALS INC
|
Common stock – 9,400 shares
|
|
168,730
|
|
|
SYNAPTICS INC
|
Common stock – 2,700 shares
|
|
107,838
|
|
|
TCF FINANCIAL CORPORATION
|
Common stock – 21,000 shares
|
|
430,500
|
|
|
THE CHILDRENS PLACE INC
|
Common stock – 1,500 shares
|
|
218,025
|
|
|
TOWER INTERNATIONAL INC
|
Common stock – 8,400 shares
|
|
256,620
|
|
|
TRINSEO SA
|
Common stock – 6,000 shares
|
|
435,600
|
|
|
TRIUMPH GROUP INC
|
Common stock – 5,600 shares
|
|
152,320
|
|
|
TTM TECHNOLOGIES INC
|
Common stock – 17,700 shares
|
|
277,359
|
|
|
TUTOR PERINI CORP
|
Common stock – 8,100 shares
|
|
205,335
|
|
|
UNITED RENTALS INC
|
Common stock – 2,400 shares
|
|
412,584
|
|
|
UNITED STATES STEEL CORP
|
Common stock – 4,600 shares
|
|
161,874
|
|
|
UNITED THERAPEUTICS CORP DEL
|
Common stock – 1,600 shares
|
|
236,720
|
|
|
UNUM GROUP
|
Common stock – 9,300 shares
|
|
510,477
|
|
|
VEREIT INC
|
Common stock – 19,500 shares
|
|
151,905
|
|
|
VILLAGE SUPER MKT INC CL A NEW
|
Common stock – 6,700 shares
|
|
153,631
|
|
|
VISHAY INTERTECHNOLOGY INC
|
Common stock – 16,100 shares
|
|
334,075
|
|
|
VISHAY PRECISION GROUP INC
|
Common stock – 4,800 shares
|
|
120,720
|
|
|
VOYA FINANCIAL INC
|
Common stock – 5,900 shares
|
|
291,873
|
|
|
WABASH NATIONAL CORP
|
Common stock – 12,600 shares
|
|
273,420
|
|
|
WALKER & DUNLOP INC
|
Common stock – 3,800 shares
|
|
180,500
|
|
|
WASHINGTON PRIME GROUP INC
|
Common stock – 42,200 shares
|
|
300,464
|
|
|
WEIS MARKETS INC
|
Common stock – 900 shares
|
|
37,251
|
|
|
WILLIAMS-SONOMA INC
|
Common stock – 3,900 shares
|
|
201,630
|
|
|
WORLD FUEL SERVICES CORP
|
Common stock – 5,200 shares
|
|
146,328
|
|
|
WYNDHAM WORLDWIDE CORP
|
Common stock – 3,700 shares
|
|
428,719
|
|
|
XEROX CORP
|
Common stock – 8,825 shares
|
|
257,249
|
|
|
ZIONS BANCORP
|
Common stock – 5,200 shares
|
|
264,316
|
|
|
|
|
|
|
|
T. Rowe Price U.S. Large-Cap Core Growth Equity Portfolio:
|
|
|
|
Interest-bearing Cash:
|
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2017
|
|
|
|
|
|
|
|
(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
|
|
BROWN BROTHERS HARRIMAN
|
Short-term investment fund – 908,666 units
|
|
908,666
|
|
|
Registered Investment Company:
|
|
|
|
T ROWE PRICE
|
T Rowe Price Government Reserve Fund - 1,088 units
|
|
1,088
|
|
|
Common Stock:
|
|
|
|
ACTIVISION BLIZZARD INC
|
Common stock – 6,100 shares
|
|
386,252
|
|
|
AETNA INC
|
Common stock – 10,800 shares
|
|
1,948,212
|
|
|
AGILENT TECHNOLOGIES INC
|
Common stock – 1,700 shares
|
|
113,849
|
|
|
ALASKA AIR GROUP INC
|
Common stock – 14,800 shares
|
|
1,087,948
|
|
|
ALEXION PHARMACEUTICALS INC
|
Common stock – 18,054 shares
|
|
2,159,078
|
|
|
ALIBABA GROUP HLD LTD SPON ADR
|
Common stock – 46,100 shares
|
|
7,949,023
|
|
|
ALLERGAN PLC
|
Common stock – 100 shares
|
|
16,358
|
|
|
ALPHABET INC CL A
|
Common stock – 3,890 shares
|
|
4,097,726
|
|
|
ALPHABET INC CL C
|
Common stock – 8,970 shares
|
|
9,386,208
|
|
|
AMAZON.COM INC
|
Common stock – 16,261 shares
|
|
19,016,752
|
|
|
AMERICAN AIRLINES GROUP INC
|
Common stock – 66,800 shares
|
|
3,475,604
|
|
|
AMERICAN EXPRESS CO
|
Common stock – 200 shares
|
|
19,862
|
|
|
AMERICAN TOWER CORP
|
Common stock – 12,762 shares
|
|
1,820,755
|
|
|
AMERIPRISE FINANCIAL INC
|
Common stock – 2,486 shares
|
|
421,302
|
|
|
ANALOG DEVICES INC
|
Common stock – 100 shares
|
|
8,903
|
|
|
ANTHEM INC
|
Common stock – 5,382 shares
|
|
1,211,004
|
|
|
APPLE INC
|
Common stock – 27,700 shares
|
|
4,687,671
|
|
|
APTIV PLC
|
Common stock – 4,100 shares
|
|
347,803
|
|
|
ASML HLDG NV (NY REG SHS) NEW
|
Common stock – 1,100 shares
|
|
191,202
|
|
|
BALL CORP
|
Common stock – 942 shares
|
|
35,655
|
|
|
BANK OF NEW YORK MELLON CORP
|
Common stock – 3,200 shares
|
|
172,352
|
|
|
BECTON DICKINSON & CO
|
Common stock – 15,488 shares
|
|
3,315,361
|
|
|
BIOGEN INC
|
Common stock – 5,332 shares
|
|
1,698,615
|
|
|
BOEING CO
|
Common stock – 21,100 shares
|
|
6,222,601
|
|
|
BROADCOM LTD
|
Common stock – 8,100 shares
|
|
2,080,890
|
|
|
CANADIAN PAC RAILWAY LTD
|
Common stock – 500 shares
|
|
91,380
|
|
|
CANADIAN PACIFIC RAIL LTD (US)
|
Common stock – 2,000 shares
|
|
365,520
|
|
|
CELGENE CORP
|
Common stock – 4,628 shares
|
|
482,978
|
|
|
CHUBB LTD
|
Common stock – 1,000 shares
|
|
146,130
|
|
|
CIGNA CORP
|
Common stock – 12,100 shares
|
|
2,457,389
|
|
|
CINTAS CORP
|
Common stock – 2,200 shares
|
|
342,826
|
|
|
CITIGROUP INC
|
Common stock – 3,000 shares
|
|
223,230
|
|
|
CONSTELLATION BRANDS INC CL A
|
Common stock – 2,000 shares
|
|
457,140
|
|
|
COSTAR GROUP INC
|
Common stock – 400 shares
|
|
118,780
|
|
|
COSTCO WHOLESALE CORP
|
Common stock – 200 shares
|
|
37,224
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2017
|
|
|
|
|
|
|
|
(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
|
|
CSX CORP
|
Common stock – 3,900 shares
|
|
214,539
|
|
|
CTRIP.COM INTL LTD ADR
|
Common stock – 11,600 shares
|
|
511,560
|
|
|
DANAHER CORP
|
Common stock – 27,000 shares
|
|
2,506,140
|
|
|
DELTA AIR INC
|
Common stock – 13,000 shares
|
|
728,000
|
|
|
DOLLAR GENERAL CORP
|
Common stock – 11,900 shares
|
|
1,106,819
|
|
|
DOWDUPONT INC
|
Common stock – 2,256 shares
|
|
160,672
|
|
|
ELECTRONIC ARTS INC
|
Common stock – 10,200 shares
|
|
1,071,612
|
|
|
EQUINIX INC
|
Common stock – 1,405 shares
|
|
636,774
|
|
|
FACEBOOK INC A
|
Common stock – 64,200 shares
|
|
11,328,732
|
|
|
FEDEX CORP
|
Common stock – 300 shares
|
|
74,862
|
|
|
FERRARI NV
|
Common stock – 5,400 shares
|
|
566,136
|
|
|
FIDELITY NATL INFORM SVCS INC
|
Common stock – 10,700 shares
|
|
1,006,763
|
|
|
FIRST REPUBLIC BANK
|
Common stock – 286 shares
|
|
24,779
|
|
|
FISERV INC
|
Common stock – 14,000 shares
|
|
1,835,820
|
|
|
FLEETCOR TECHNOLOGIES INC
|
Common stock – 3,500 shares
|
|
673,505
|
|
|
FORTIVE CORP
|
Common stock – 18,700 shares
|
|
1,352,945
|
|
|
GLOBAL PAYMENTS INC
|
Common stock – 14,900 shares
|
|
1,493,576
|
|
|
HARRIS CORP
|
Common stock – 3,300 shares
|
|
467,445
|
|
|
HILTON INC
|
Common stock – 8,900 shares
|
|
710,754
|
|
|
HOME DEPOT INC
|
Common stock – 11,500 shares
|
|
2,179,595
|
|
|
HONEYWELL INTL INC
|
Common stock – 11,000 shares
|
|
1,686,960
|
|
|
HUMANA INC
|
Common stock – 5,400 shares
|
|
1,339,578
|
|
|
IHS MARKIT LTD
|
Common stock – 600 shares
|
|
27,090
|
|
|
ILLUMINA INC
|
Common stock – 283 shares
|
|
61,833
|
|
|
INCYTE CORP
|
Common stock – 1,600 shares
|
|
151,536
|
|
|
INTERCONTINENTAL EXCHANGE INC
|
Common stock – 31,267 shares
|
|
2,206,199
|
|
|
INTUIT INC
|
Common stock – 13,822 shares
|
|
2,180,835
|
|
|
INTUITIVE SURGICAL INC
|
Common stock – 8,004 shares
|
|
2,920,980
|
|
|
JPMORGAN CHASE & CO
|
Common stock – 14,587 shares
|
|
1,559,934
|
|
|
LAM RESEARCH CORP
|
Common stock – 600 shares
|
|
110,442
|
|
|
LOWES COS INC
|
Common stock – 800 shares
|
|
74,352
|
|
|
MARRIOTT INTERNATIONAL INC A
|
Common stock – 18,300 shares
|
|
2,483,859
|
|
|
MARSH & MCLENNAN COS INC
|
Common stock – 4,500 shares
|
|
366,255
|
|
|
MASTERCARD INC CL A
|
Common stock – 37,400 shares
|
|
5,660,864
|
|
|
MCDONALDS CORP
|
Common stock – 6,300 shares
|
|
1,084,356
|
|
|
MERCK & CO INC NEW
|
Common stock – 400 shares
|
|
22,508
|
|
|
MGM RESORTS INTERNATIONAL
|
Common stock – 400 shares
|
|
13,356
|
|
|
MICROCHIP TECHNOLOGY
|
Common stock – 6,900 shares
|
|
606,372
|
|
|
MICROSOFT CORP
|
Common stock – 113,600 shares
|
|
9,717,344
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2017
|
|
|
|
|
|
|
|
(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
|
|
MONSTER BEVERAGE CORP
|
Common stock – 2,100 shares
|
|
132,909
|
|
|
MORGAN STANLEY
|
Common stock – 93,600 shares
|
|
4,911,192
|
|
|
NETFLIX INC
|
Common stock – 10,500 shares
|
|
2,015,580
|
|
|
NEXTERA ENERGY
|
Common stock – 1,500 shares
|
|
234,285
|
|
|
NORTHROP GRUMMAN CORP
|
Common stock – 1,700 shares
|
|
521,747
|
|
|
NORWEGIAN CRUISE LINE HLGS LTD
|
Common stock – 2,700 shares
|
|
143,775
|
|
|
O'REILLY AUTOMOTIVE INC
|
Common stock – 182 shares
|
|
43,778
|
|
|
PAYPAL HLDGS INC
|
Common stock – 39,200 shares
|
|
2,885,904
|
|
|
PHILIP MORRIS INTL INC
|
Common stock – 7,500 shares
|
|
792,375
|
|
|
PROGRESSIVE CORP OHIO
|
Common stock – 6,800 shares
|
|
382,976
|
|
|
RAYTHEON CO
|
Common stock – 200 shares
|
|
37,570
|
|
|
RED HAT INC
|
Common stock – 12,800 shares
|
|
1,537,280
|
|
|
REGENERON PHARMACEUTICALS INC
|
Common stock – 100 shares
|
|
37,596
|
|
|
ROPER TECHNOLOGIES INC
|
Common stock – 4,800 shares
|
|
1,243,200
|
|
|
ROSS STORES INC
|
Common stock – 22,002 shares
|
|
1,765,660
|
|
|
ROYAL CARIBBEAN CRUISES LTD
|
Common stock – 9,400 shares
|
|
1,121,232
|
|
|
S&P GLOBAL INC
|
Common stock – 3,600 shares
|
|
609,840
|
|
|
SALESFORCE.COM INC
|
Common stock – 36,700 shares
|
|
3,751,841
|
|
|
SBA COMMUNICATIONS CORP
|
Common stock – 500 shares
|
|
81,680
|
|
|
SCHWAB CHARLES CORP
|
Common stock – 16,593 shares
|
|
852,382
|
|
|
SEMPRA ENERGY
|
Common stock – 1,600 shares
|
|
171,072
|
|
|
SERVICENOW INC
|
Common stock – 24,400 shares
|
|
3,181,516
|
|
|
SHERWIN WILLIAMS CO
|
Common stock – 2,800 shares
|
|
1,148,112
|
|
|
SHIRE PLC SPON ADR
|
Common stock – 200 shares
|
|
31,024
|
|
|
STANLEY BLACK & DECKER INC
|
Common stock – 4,900 shares
|
|
831,481
|
|
|
STARBUCKS CORP
|
Common stock – 900 shares
|
|
51,687
|
|
|
STATE STREET CORP
|
Common stock – 18,600 shares
|
|
1,815,546
|
|
|
STRYKER CORP
|
Common stock – 20,900 shares
|
|
3,236,156
|
|
|
SYMANTEC CORP
|
Common stock – 11,200 shares
|
|
314,272
|
|
|
TAPESTRY INC
|
Common stock – 1,100 shares
|
|
48,653
|
|
|
TD AMERITRADE HOLDING CORP
|
Common stock – 62,736 shares
|
|
3,207,692
|
|
|
TENCENT HOLDINGS LTD
|
Common stock – 99,900 shares
|
|
5,191,370
|
|
|
TESLA INC
|
Common stock – 4,153 shares
|
|
1,293,037
|
|
|
TEXAS INSTRUMENTS INC
|
Common stock – 6,487 shares
|
|
677,502
|
|
|
TEXTRON INC
|
Common stock – 400 shares
|
|
22,636
|
|
|
THE BOOKING HOLDINGS INC
|
Common stock – 4,420 shares
|
|
7,680,811
|
|
|
THERMO FISHER SCIENTIFIC INC
|
Common stock – 11,667 shares
|
|
2,215,330
|
|
|
TJX COMPANIES INC NEW
|
Common stock – 600 shares
|
|
45,876
|
|
|
ULTA BEAUTY INC
|
Common stock – 200 shares
|
|
44,732
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2017
|
|
|
|
|
|
|
|
(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
|
|
UNION PACIFIC CORP
|
Common stock – 447 shares
|
|
59,943
|
|
|
UNITED CONTINENTAL HLDGS INC
|
Common stock – 2,500 shares
|
|
168,500
|
|
|
UNITEDHEALTH GROUP INC
|
Common stock – 27,300 shares
|
|
6,018,558
|
|
|
VERTEX PHARMACEUTICALS INC
|
Common stock – 22,100 shares
|
|
3,311,906
|
|
|
VISA INC CL A
|
Common stock – 61,311 shares
|
|
6,990,680
|
|
|
VMWARE INC CL A
|
Common stock – 3,300 shares
|
|
413,556
|
|
|
WILLIS TOWERS WATSON PLC
|
Common stock – 10,400 shares
|
|
1,567,176
|
|
|
WORKDAY INC CL A
|
Common stock – 10,620 shares
|
|
1,080,479
|
|
|
WORLDPAY INC
|
Common stock – 6,500 shares
|
|
478,075
|
|
|
XILINX INC
|
Common stock – 1,086 shares
|
|
73,218
|
|
|
YUM BRANDS INC
|
Common stock – 24,351 shares
|
|
1,987,285
|
|
|
ZOETIS INC CL A
|
Common stock – 2,800 shares
|
|
201,712
|
|
|
|
|
|
|
|
William Blair U.S. Small/Mid Cap Growth Equity Portfolio:
|
|
|
|
Interest-bearing Cash:
|
|
|
|
BROWN BROTHERS HARRIMAN
|
Short-term investment fund – 1,911,639 units
|
|
1,911,639
|
|
|
Common Stock:
|
|
|
|
2U INC
|
Common stock – 11,975 shares
|
|
772,507
|
|
|
ABIOMED INC
|
Common stock – 4,424 shares
|
|
829,102
|
|
|
ADTALEM GLOBAL EDUCATION INC
|
Common stock – 20,306 shares
|
|
853,867
|
|
|
AFFILIATED MANAGERS GRP INC
|
Common stock – 3,304 shares
|
|
678,146
|
|
|
ARISTA NETWORKS INC
|
Common stock – 2,650 shares
|
|
624,287
|
|
|
AXALTA COATING SYSTEMS LTD
|
Common stock – 18,045 shares
|
|
583,936
|
|
|
BALL CORP
|
Common stock – 26,865 shares
|
|
1,016,840
|
|
|
BANK OF THE OZARKS INC
|
Common stock – 20,280 shares
|
|
982,566
|
|
|
BOOZ ALLEN HAMILTON HLDG CL A
|
Common stock – 27,487 shares
|
|
1,048,079
|
|
|
BWX TECHNOLOGIES INC
|
Common stock – 25,460 shares
|
|
1,540,075
|
|
|
CABLE ONE INC W/I
|
Common stock – 440 shares
|
|
309,474
|
|
|
CAMBREX CORP
|
Common stock – 14,384 shares
|
|
690,432
|
|
|
CARRIZO OIL & GAS INC
|
Common stock – 8,911 shares
|
|
189,626
|
|
|
CBOE GLOBAL MARKETS INC
|
Common stock – 6,229 shares
|
|
776,071
|
|
|
CELANESE CORP SER A
|
Common stock – 8,582 shares
|
|
918,961
|
|
|
CHARLES RIVER LABS INTL INC
|
Common stock – 7,679 shares
|
|
840,467
|
|
|
COHERENT INC
|
Common stock – 2,004 shares
|
|
565,569
|
|
|
COLLIERS INTL GROUP INC (US)
|
Common stock – 6,157 shares
|
|
371,575
|
|
|
COPART INC
|
Common stock – 40,287 shares
|
|
1,739,996
|
|
|
COSTAR GROUP INC
|
Common stock – 4,854 shares
|
|
1,441,395
|
|
|
CSRA INC
|
Common stock – 16,602 shares
|
|
496,732
|
|
|
DEXCOM INC
|
Common stock – 10,993 shares
|
|
630,888
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2017
|
|
|
|
|
|
|
|
(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
|
|
DIAMONDBACK ENERGY INC
|
Common stock – 5,635 shares
|
|
711,419
|
|
|
DOMINOS PIZZA INC
|
Common stock – 6,483 shares
|
|
1,225,028
|
|
|
DUN & BRADSTREET CORP DEL NEW
|
Common stock – 3,856 shares
|
|
456,589
|
|
|
EAST WEST BANCORP INC
|
Common stock – 6,788 shares
|
|
412,914
|
|
|
ENCOMPASS HEALTH CORP
|
Common stock – 15,945 shares
|
|
787,842
|
|
|
ENCORE CAP GROUP INC
|
Common stock – 14,308 shares
|
|
602,367
|
|
|
EURONET WORLDWIDE INC
|
Common stock – 7,711 shares
|
|
649,806
|
|
|
EXACT SCIENCES CORP
|
Common stock – 9,654 shares
|
|
507,221
|
|
|
FIRSTCASH INC
|
Common stock – 10,910 shares
|
|
735,879
|
|
|
FIRSTSERVICE CORP (US)
|
Common stock – 7,761 shares
|
|
542,649
|
|
|
GLAUKOS CORP
|
Common stock – 11,424 shares
|
|
293,026
|
|
|
GRAND CANYON EDUCATION INC
|
Common stock – 10,343 shares
|
|
926,009
|
|
|
GUIDEWIRE SOFTWARE INC
|
Common stock – 13,397 shares
|
|
994,861
|
|
|
HEICO CORP CL A
|
Common stock – 10,156 shares
|
|
802,832
|
|
|
HEXCEL CORPORATION
|
Common stock – 12,814 shares
|
|
792,546
|
|
|
HILTON GRAND VACATIONS INC
|
Common stock – 18,873 shares
|
|
791,722
|
|
|
HORIZON PHARMA PLC
|
Common stock – 52,699 shares
|
|
769,405
|
|
|
IDEXX LABS INC
|
Common stock – 3,531 shares
|
|
552,178
|
|
|
J2 GLOBAL INC
|
Common stock – 6,779 shares
|
|
508,628
|
|
|
JONES LANG LASALLE INC
|
Common stock – 4,957 shares
|
|
738,246
|
|
|
LIGAND PHARMACEUTICALS
|
Common stock – 7,403 shares
|
|
1,013,693
|
|
|
LIVE NATION ENTERTAINMENT INC
|
Common stock – 18,637 shares
|
|
793,377
|
|
|
MARTIN MARIETTA MATERIALS INC
|
Common stock – 5,098 shares
|
|
1,126,862
|
|
|
MAXIMUS INC
|
Common stock – 12,712 shares
|
|
909,925
|
|
|
MAXLINEAR INC
|
Common stock – 22,910 shares
|
|
605,282
|
|
|
MICHAELS COS INC
|
Common stock – 34,735 shares
|
|
840,240
|
|
|
MIDDLEBY CORP
|
Common stock – 7,857 shares
|
|
1,060,302
|
|
|
NATIONAL INSTRUMENT CORP
|
Common stock – 13,909 shares
|
|
579,032
|
|
|
NICE LTD SPON ADR
|
Common stock – 4,660 shares
|
|
428,301
|
|
|
NU SKIN ENTERPRISES INC CL A
|
Common stock – 4,772 shares
|
|
325,594
|
|
|
OM ASSET MANAGEMENT PLC
|
Common stock – 22,998 shares
|
|
385,216
|
|
|
REPLIGEN
|
Common stock – 10,500 shares
|
|
380,940
|
|
|
ROGERS CORP
|
Common stock – 6,252 shares
|
|
1,012,324
|
|
|
SITEONE LANDSCAPE SUPPLY INC
|
Common stock – 8,158 shares
|
|
625,719
|
|
|
SIX FLAGS ENTERTAINMENT CORP
|
Common stock – 19,006 shares
|
|
1,265,229
|
|
|
TAKE-TWO INTERACTV SOFTWR INC
|
Common stock – 7,917 shares
|
|
869,128
|
|
|
TELEDYNE TECHNOLOGIES INC
|
Common stock – 4,424 shares
|
|
801,408
|
|
|
TORO CO
|
Common stock – 6,217 shares
|
|
405,535
|
|
|
TRACTOR SUPPLY CO.
|
Common stock – 8,706 shares
|
|
650,773
|
|
THE WILLIAMS INVESTMENT PLUS PLAN
EIN: 73‑0569878 PLAN: 008
Schedule H, line 4i - Schedule of Assets (held at end of year)
December 31, 2017
|
|
|
|
|
|
|
|
(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
|
|
TRANSUNION
|
Common stock – 15,979 shares
|
|
878,206
|
|
|
UNIVERSAL ELECTRONICS INC
|
Common stock – 9,951 shares
|
|
470,185
|
|
|
VAIL RESORTS INC
|
Common stock – 2,502 shares
|
|
531,600
|
|
|
VEEVA SYS INC CL A
|
Common stock – 12,196 shares
|
|
674,195
|
|
|
VIRTU FINANCIAL INC CL A
|
Common stock – 21,192 shares
|
|
387,814
|
|
|
WEST PHARMACEUTICAL SVCS INC
|
Common stock – 5,818 shares
|
|
574,062
|
|
|
WEX INC
|
Common stock – 7,602 shares
|
|
1,073,630
|
|
|
WORLDPAY INC
|
Common stock – 13,882 shares
|
|
1,021,021
|
|
|
YELP INC
|
Common stock – 18,426 shares
|
|
773,155
|
|
|
|
|
|
378,406,747
|
|
|
|
|
|
|
*
|
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, bonds, certificates of deposit, and money market funds at their discretion.
|
|
83,700,724
|
|
|
|
|
|
|
|
|
Investments (at fair value)
|
|
1,370,333,954
|
|
|
|
|
|
|
*
|
Participant Loans
|
Loans extended to participants at interest rates of 4.25% to 10.5%
|
|
22,818,203
|
|
|
|
|
|
|
|
|
|
|
$
|
1,393,152,157
|
|
*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 14, 2018
EXHIBIT INDEX
|
|
|
|
Exhibit
No.
|
|
Description
|
23
|
|
Consent of Independent Registered Public Accounting Firm
|
|
|
|
|
|
|
|
|
|
|
|
|
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