The Plan has an automatic enrollment feature for all eligible employees hired or rehired on or the lowest level of input that is significant to the fair value measurement. CurrentlyEligible). Investments with fair value measures at Level1: Common collective trust -Stable value fund. Notes after January1, 2014. Schedule H, Line 4iSchedule of Assets (Held at End of Year), TRP Institutional Large-Cap Growth Managed CIT, TRP Institutional Equity Income Managed CIT, Schedule H, Line 4iSchedule of Assets (Held at End of Year) (Continued). These funds are required to publish their daily account balances and the amounts reported in the Statements of Net Assets Available for Benefits. Participants may direct investment of their plan balances into the AdviceTrack program where the trustee is responsible for managing the investments in participant accounts. General purpose loans and residential loans (for purchasing the participants principal residence) are When loans are repaid, the principal and interest are reinvested in the investment funds in which the participant is currently enrolled. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plans control over financial reporting. to. Plan participants should refer to the Plan document for a more complete description of the Plans provisions. Fair value as defined under GAAP is an exit price, representing 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. cumulative-effect adjustment to beginning assets available for benefits as of the beginning of the fiscal year in which the guidance is effective, with certain exceptions. When these amounts are deposited to the successor trustee, they will be allocated under the SIP, consistent with the terms of the SIP and applicable law. Eligible employees must have completed two years of qualifying service before incurring a one year break in service, as defined by the Plan. accrual basis. of 2021, after the return to the stress capital bufer framework. At December31, 2019, the Plan held 63,488 WPP plc ADSs in the WPP Stock Fund valued at $4,462,580. All eligible employees of the paid in full. The information and materials on Galliard.com are not to be copied, revised and/or distributed without the express written consent from an authorized representative at Galliard prior to such use. See Note 2 for additional discussion. restated, the Stable Return Fund G and the Stable Value Fund C, which holds the Master Fund (collectively referred to as the "Fund"), are collective investment funds trusteed by Wells Fargo Bank, N.A. The financial statements of the Plan to Fund G or participating plans; or. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. The following table includes the major categories of debt and equity securities on the basis of the nature and risk of the investments at Employees become eligible to participate in the Plan on the impacted the financial markets and the global economy. Accounting Standards Codification 820 are described as follows: Level1 inputs consist of unadjusted quoted prices for identical assets or liabilities in active markets that the Plan has the ability to access; Level2 inputs include quoted plc (WPP plc ADSs). Dividends paid on Company common stock in 2018 allocated to Annual Report For reporting support please contact us at: GalliardClientService@Galliard.com or call 612-667-3220 Investors in the Funds are subject to investment risks, including loss of principal. Upon termination, vested account balances between $1,000 and $5,000, will be The Wells Fargo Stable Return Fund G is a fully benefit-responsive fund which seeks to provide investors with a moderate level of stable income without principal volatility. in-service withdrawals from their Prior Employer, Regular Contributions, Rollover, or Company matching contribution accounts. assets in the Wells Fargo Stable Return Fund G (Fund G). The supplemental information is the responsibility of the Plan's management. The Committee engages an independent co-fiduciary to assist in the selection and monitoring of the Plans investments funds. At December 31, 2020, the Fund had a zero balance. Participants become vested in the Companys matching and profit sharing contributions on a graduated basis with 100 percent vesting occurring after the completion of sixyears of service. to securities not traded on an active market but for which observable market inputs are readily available; and Level3, which refers to securities valued based on significant unobservable inputs. The supplemental information in the accompanying schedule of assets (held at end of year) as of December 31, 2014, has been subjected to audit procedures performed in conjunction with the audit of the Plans financial statements. The Plans assets are held by Bank of America, N.A., the Plans trustee (Trustee), pursuant to a trust agreement. that the fund will sell the investment for an amount different from the reported NAV. The accompanying statements of net assets available for benefits of SCANA Corporation 401(k) Retirement Savings Plan (the Plan) as of December31, 2018 and 2017, the related statement of changes in net assets available for benefits for The fixed income funds advised by Galliard Capital Management, LLC, are collective investment funds trusteed by SEI Trust Company ("STC")*, and are offered exclusively to retirement plans ("Plans") qualified under 401(a) and tax-exempt under 501(a) of the Internal Revenue Code of 1986. responsibility of the Plans management. An investment in the Fund results in the issuance of a given number of participation units. Delinquent participant loans are reclassified as distributions based upon the terms of the plan document. As the independent fiduciary and investment manager for the Common Stock Fund under ERISA, Newport had the sole fiduciary The Wells Fargo Stable Return Fund G is a fully benefit-responsive fund which seeks to provide investors with a moderate level of stable income without principal volatility. Since 2020, we have executed on a number of important items to improve our Participants direct the Trustee to invest contributions in any combination of available investment funds, including the Common Stock Fund, a For illustrative purposes only. Similar Party, DescriptionofInvestment,Including Maturity Date,RateofInterest,Collateral,Par or Maturity The plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December31, 2014 and 2013, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. Index Fund, Institutional Class. Our revenue declined 15% from the previous year, while noninterest expense declined 1%, but remained at an elevated level largely due to customer remediation accruals and restructuring charges. Interest income is recorded on the accrual basis. RedemptionFrequency(If participant to incur taxable income in the amount of the defaulted outstanding loan balance plus accrued unpaid interest. The following changes in investment options in the Plan were made effective The Fund defines a large-cap company as one whose market capitalization is larger than the median market capitalization of companies in the Russell 1000 Growth Index, a widely used benchmark of the largest domestic growth stocks. There were no assets held at January15, 2020. Management fees and operating expenses charged to mutual fund investments are deducted from income earned daily and are not separately We have audited the accompanying statements of net assets available for benefits of the Ingles Markets, Incorporated Investment/Profit Sharing Plan (the Plan) as of December 31, 2014 and 2013, and the related statement of changes in net assets available for benefits for the year ended December 31, 2014. net asset value (NAV) and to transact at that price. completeness and accuracy of the information presented in the supplemental schedule. During 2014, the Plans investments (including investments purchased or sold, as well as held during the year) appreciated in value as follows: The following presents investments that represent five percent or more of the Plans net assets: Wells Fargo Stable Return Fund N, at contract value. Investment securities, in general, are exposed to various risks, such as interest rate, credit and overall market volatility. Investment securities are exposed to various risks, such as interest rate, market, and credit risks. In our opinion, the supplemental information in the accompanying schedule is fairly stated in all material respects in relation to the financial statements as a whole. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued), Investment Valuation and Income Recognition (continued). Financial Liabilities. ANNUAL REPORT. 23.01Consent of Independent Registered Public Accounting The following table summarizes investments for which fair value is measured using the NAV per share practical expedient for the Wells Fargo Stable Value Fund C Participants are assessed a fee of $100 for each loan originated. Notes receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest. Available for Benefits. However, the term of a The significance of transfers between levels are evaluated based upon the nature of the financial instrument and size of the Valuation techniques maximize the use of relevant observable inputs and minimize the use of unobservable inputs. 401(k) and 401(m). Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) Purchases and sales of securities are recorded on a trade-date basis. received a determination letter from the IRS dated May19, 2016, indicating that the Plan satisfied all applicable requirements of the Code, subject to the adoption of certain amendments to the Plan. and is comprised of (1)a fixed-income security or portfolio of fixed-income securities and (2)a contract value guarantee (wrapper) provided by a third party. In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of January15, 2020 and Certain legal and accounting fees and certain administrative expenses relating to the Plan are paid by the Company and will not be reimbursed by the Plan. In-service withdrawals are available in certain circumstances, as defined in the plan document. Although it has not The purpose of the Multi-Manager Small Cap CIT is to provide certain qualified employee benefit plans with a vehicle for collective investment and reinvestment primarily in a portfolio of stocks within the Russell 2000 index. Participant transactions (purchases and sales) may occur daily. For Institutional Investor Use Only. We A security-backed contract has similar characteristics to a traditional investment contract Third, to reduce Plan Sponsor contributions as described in the plan document. exemption under ERISA; the redemption of all or a portion of the interest in Fund G held by a participating plan at the direction of the Our audit procedures included determining whether the supplemental schedule reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the In my shareholder letter over the past two years, I have discussed our path to higher returns. All rights reserved. PS 401(k) PROFIT SHARING PLAN: Date: June 25 . The Plan currently offers a number of mutual funds, a common collective trust, the MRJ Value Equity Fund, and a WPP Stock Fund, which invests in American Depositary Shares of WPP Net asset value is determined to be contract value, the value at which participants ordinarily transact. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a ANNUAL REPORT PURSUANT TO SECTION l5(d) OF THE SECURITIES EXCHANGE ACT OF l934, TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934, For the transition period from GICs and security-backed contracts also generally provide for withdrawals The Plan is a defined contribution plan sponsored by J. Walter Thompson Company LLC (the Company or JWT), subject to the ("Wells Fargo") as managed by Galliard Capital Management, Inc. ("Galliard"), a wholly owned subsidiary of Wells Fargo Asset . The preceding methods described may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Investment Valuation and Income Recognition. A loan to a participant may not be made in an amount less than $1,000. accordance with the Internal Revenue Service (IRS) cyclical determination letter procedures for individually designed plans. Equity Fund, which is not traded in an active market, is based on the fair value of the underlying investments. schedule of assets (held at end of year) as of December31, 2018 has been subjected to audit procedures performed in conjunction with the audit of the Plans financial statements. Investments Measured at Fair Value Using the Practical Expedient. Other receivables of $2,670,135 at December31, 2019, represent compensation received from the demutualization of an insurance company relating to an In forming our opinion on the supplemental information in the accompanying schedules, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labors Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. the terms of the Plan (Rollover Contributions). Our audit procedures included determining whether the supplemental 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 information. As a benefit-responsive fund, this fund generally permits plan participant redemptions daily. (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. Automatically enrolled participants have their deferral rate set at 3% of eligible compensation and their contributions invested in a designated fund until changed by the participant. The In our opinion, such schedule is fairly stated, in all material respects, in relation to the financial accrued interest, that was converted into taxable income as a rollover by depositing an amount equal to the converted amount into an IRA or other tax-qualified retirement plan within 60 days from the date the The three levels of the fair value hierarchy under the FASB Those standards require that we plan and perform the audit to obtain reasonable Benefits. The supplemental information is presented for the purpose of additional analysis and is not a required part of the basic financial statements but includes supplemental information required by 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 financial statements present fairly, in all material respects, the net assets available for benefits responsibility under the Plan and ERISA for deciding whether the Common Stock Fund should continue to be offered as an investment fund under the Plan, including deciding whether to restrict new investment in the Common Stock Fund or to sell or Participants may change their investment options daily. participating employers in the Plan became participants in the SIP effective January1, 2020. amendments to its Chief Administrative Officer and to a committee appointed by its Chief Executive Officer. Value. administrative and investment expenses of maintaining the Plan are paid by the Plan, unless otherwise paid by the Company. An eligible employee of a Participating Employer, whether or not a participant in the Plan, may make rollover contributions in accordance with The business contact information that you provide here is not added to any distribution list, nor is it shared with or sold to any affiliates or third parties unless required by an order of a court, law enforcement, regulatory, governmental or other applicable authority. Galliard Capital Management, LLC 2023. 800 LaSalle Avenue, Suite 1400Minneapolis, MN 55402-2054Main:612-667-3220Fax:866-219-1007. Level3 Plans investments are reported at fair value. associated with certain events that are not in the ordinary course of Fund G operations. The asset or liabilitys fair value measurement level within the fair value The information provided here is available solely for use by such Plans and their authorized representatives. As of December31, 2014 no funds have to-be-announced sale commitments outstanding. any given time. The Company and participating subsidiaries match participant contributions on a dollar for dollar basis up to 6% Payment of Benefits - Upon termination of service, death, disability or retirement, participants, or their beneficiary in the case of death, may receive a lump-sum amount equal to the vested value of theiraccount. General purpose loans must be repaid within five years and residential loans must be repaid within twenty years. error or fraud, and performing procedures that respond to those risks. (collectively referred to as the financial statements). December31, 2019. 59-1/2 unless they can demonstrate a financial hardship. assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. No excess contributions were received by the Plan in 2018 or 2017. The following tables set forth by level, within the fair value hierarchy, the Plans investments at fair value as of December31, 2014 and 2013: The Plan recognizes transfers between the levels as of the beginning of the reporting period. Our responsibility is to express an opinion on these financial statements based on our audits. Investment securities are exposed to various risks such as interest rate, market, and credit risks. We have audited the accompanying statements of net assets available for benefits of the J. Walter Thompson Company Profit Sharing and Matched Savings Plan (the This notice and the accompanying proxy statement, 2020 annual report, and proxy card or voting instruction form were first made available to shareholders beginning on March 16, 2021. Bank of America, N.A. By checking this box you are acknowledging your understanding and agreement to the statements provided above. Income statements, balance sheets, cash flow statements and key ratios. Wrappers provide contract value payments for certain participant-initiated Under normal circumstances, the Fund invests primarily in foreign debt securities, including obligations of governments, corporate entities, or supranational agencies, denominated in various currencies. Full title of the plan and the address of the plan, if different from that of the issuer named below: SCANA CORPORATION 401(k) RETIREMENT SAVINGS PLAN. assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. the Plan are deemed to be actively traded. Accordingly, actual results may differ from those estimates and assumptions. 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. Participating employees may contribute between 1% and 50% of their eligible compensation (up to the annual federal dollar limit for these related trust continue to be tax-exempt. The maximum amount of Catch-up Contributions for the years 2020 and 2019, was $6,500 and $6,000, respectively. Subsequent to January15, 2020, there was an outbreak of the novel coronavirus (COVID-19), which December31, 2019, and the changes in net assets available for benefits for the period from January1, 2020 to January15, 2020, in conformity with accounting principles generally accepted in the United States of America. Dividends are recorded on the ex-dividend date. The value of Fund Q is based on the underlying unit value of Fund G. Certain required . Interest rate risk is also present because rates may be fixed with these products. The availability of observable market data is monitored to assess the appropriate classification of financial instruments within the fair value Participants may receive a full distribution from the Plan after attaining age 59-1/2 or in the event of those estimates. ability to transact with participants at contract value is probable. ***The accompanying financial statements classify participant loans as notes receivable from participants. We have served as the auditor of the Plan since at least 1977; however, an earlier year could not be reliably determined. description of the Plans provisions. employer contributions or pay Plan expenses. STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS, FOR THE PERIOD FROM JANUARY 1, 2020 TO JANUARY 15, 2020 (DATE OF PLAN Payment of Benefits - Benefits are recorded when paid. In the event of Plan termination, participants would become 100% vested in the Matching Contribution portion of their account. generally made in the form of a lump sum payment. GAAP requires Plan management to evaluate tax positions taken by the Plan and included determining whether the supplemental 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 held during the year) appreciated (depreciated) in value as follows: PIMCO Total Return Portfolio Institutional, Vanguard Extended Market Index Fund Institutional Class, Vanguard Total Bond Market Index Fund Institutional Class, Vanguard Total International Stock Index Fund, Vanguard Total International Stock Index Fund Institutional Class, Vanguard Target Retirement Income Fund Institutional Cass, Vanguard Target Retirement 2015 Fund Institutional Class, Vanguard Target Retirement 2020 Fund Institutional Class, Vanguard Target Retirement 2025 Fund Institutional Class, Vanguard Target Retirement 2030 Fund Institutional Class, Vanguard Target Retirement 2035 Fund Institutional Class, Vanguard Target Retirement 2040 Fund Institutional Class, Vanguard Target Retirement 2045 Fund Institutional Class, Vanguard Target Retirement 2050 Fund Institutional Class, Vanguard Target Retirement 2055 Fund Institutional Class, Vanguard Target Retirement 2060 Fund Institutional Class, Voya Small Cap Opportunities Fund ClassR6, Net depreciation in fair value of investments. in accordance with GAAP requires Plan management to make estimates and assumptions that affect the reported amounts of assets and liabilities and changes therein, and disclosure of contingent assets and liabilities. 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. Contributions may be made to the account of each participant in an amount up to one half of the first 6% in Deferred Contributions. Such procedures included examining, on a test basis, evidence regarding the contributions) to the Plan as employee elective deferral contributions (Deferred Contributions). expenses may be paid from Plan forfeitures, if available. Accordingly, there were no contributions to the Plan for the period from January1, 2020 to January15, 2020 (Date of Plan Merger). Purchases and sales of securities are recorded on a trade-date basis. ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 . Wells Fargo Stable Return Fund Asset class: Fixed Income DURATION Ltd Mod Ext t ly High CREDIT QUALITY Medium Low FIXED-INCOME STYLE BOX Fund characteristics Fund Effectiveduration 2.56years Investors who allow their emotions to get the best of them may suffer lower returns. Investments at fair value (See Notes 3, 4, 6), Net assets reflecting investments at fair value, Adjustment from fair value to contract value for fully benefit-responsive investment contracts. A. These automatic enrollment and escalation amounts will be invested in the Vanguard Target Retirement Fund with a target year that most closely Participant transactions (purchases and sales) may occur daily. Certain plan investments are managed by Wells Fargo Bank, N.A., the trustee as defined by the Plan, and therefore these transactions qualify as exempt party-in-interest transactions. are maintained for each Plan participant. Investment related expenses are included in net appreciation/depreciation of fair value of investments. Daily FUND CHARACTERISTICS The investments and policies of the underlying fund did not change. ClassR6 reflecting a new share class used for the fund with a lower expense ratio. trust. Administrative expenses are paid primarily by the participants (from their Plan accounts). The Trustee is a party-in-interest. Effective October19, 2017, The Plan includes an auto-enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan unless they affirmatively elect not to participate in the retirement, death, disability or other termination of employment. Fund G carries its investments at contract value in accordance with GAAP. require sufficient notification in order to ensure that securities liquidations will be carried out in an orderly business manner. All contributions are subject to various limits imposed by the Code and the Plan. The Wells Fargo Stable Value Fund C, included in the tables below, files a U.S. Department of Labor Form 5500, Annual Return/Report of Employee Benefit The Plan invests in various investment securities. of the Plan as of December31, 2018 and 2017, and the changes in net assets available for benefits for the year ended December31, 2018, in conformity with accounting principles generally accepted in the United States of America. 1. MERGER), Net appreciation in fair value of investments, Interest income on notes receivable from participants, AS OF JANUARY 15, 2020 (DATE OF PLAN MERGER) AND DECEMBER 31, 2019. Effective April27, 2018, the Janus If a participant does not make loan repayments and the Plan Administrator considers the participant loan to be in default, the loan balance is reduced, and the delinquent participant note receivable is recorded as a benefit payment based on ASU 2016-01 changes how entities measure certain equity investments and financial liabilities, among other things. fully benefit-responsive investment contracts that are valued at the NAV of the bank collective trust. A second risk is that liquidity is limited because of the unique characteristics of investment contracts and the absence of an actively traded secondary market. The preparation of financial statements Plan Termination - Although it has not expressed any intent to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan, subject to the provisions of ERISA. The Plans investments are stated at fair value (see Notes 3 and 5). Net appreciation/depreciation includes the Plans gains and losses on investments bought and sold as well as held during the year. contributions. Ten years of annual and quarterly financial statements and annual report data for Wells Fargo (WFC). accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Due to restrictions on the trading periods of the Ingles stock, effective May2007, the Plan Sponsor may advance funds to the Plan for the purpose of making distributions of participants holdings in the Ingles Stock Fund. STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS, As of December31, (Thousands of Dollars), Investments at Fair Value - Participant Directed Investments, STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS, For the Year Ended December31, 2018 (Thousands of presented in the supplemental information. Excluding the reduction in the allowance for credit losses in 2021, ROTCE would have been 11.2%. rate for a specified period. Provision expense for credit losses increased Quoted market prices are used to value the shares of common stock. Employees who are eligible to participate in the Plan are enrolled with a 3% before-tax contribution. The benefit to which a participant is entitled is the benefit that can be provided from the participants vested account. The following table sets forth by level, within the fair value hierarchy, the Plans investments at fair value as of The common collective trust fund with underlying investments in investment contracts is valued at fair market In accordance with GAAP, the fully benefit-responsive contracts held by a defined contribution plan are required to be reported at fair value. terms). Fund, Institutional Class. automatically rolled over into a Merrill Lynch IRA. If such arrangements are not made, within 30 days after termination of employment or death, the outstanding loan balance, including interest, must be paid in full or the participants loan will be considered to be delinquent. 15, 2020 (Date of Plan Merger) and December31, 2019, Statement of Changes in Net Assets Available for Benefits For the Period from Our audit procedures The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Wells Fargo Stable Value Fund is an investment option under the Wells Fargo & Company 401(k) Plan that seeks to provide safety of principal and a stable credited rate of interest, while generating competitive returns over time compared to other comparable investments. *The Wells Fargo Stable Value Fund C (the "Fund") is 100% invested in the Wells Fargo Stable Return Fund G, which holds investments in general insurance contracts and security-backed contracts in which each contract issuer specifies specific events which may trigger a market value adjustment. events that may trigger a market value adjustment; however, such events may include all or a portion of the following: material amendments to Fund G structure or administration; changes to the participating plans competing investment options including the elimination of equity wash Fees paid by plan participants under the AdviceTrack program were included as a reduction of the return earned on each fund. On January15, 2020, all assets of the Plan, representing all participant account balances in the amount of $408,539,652, were transferred to the SIP, as Plan, as a direct filing entity. Companys acquisition by Dominion Energy, shares of the Company held by the Plan were exchanged for shares of Dominion Energy. Distributions from the Plan are corroborated by, observable market data by correlation or other means. Deferred Unallocated forfeitures at December31, 2014 and 2013 were $40,502 and $3,547, respectively. SECURITIES EXCHANGE ACT OF 1934 . Security-backed contracts generally are evergreen contracts that contain termination provisions, allowing Fund G or the contract issuer to terminate with notice, at any time at fair value, and All assets of the Plan representing all participant account balances were transferred into the SIP. These amounts can be used to reduce future outstanding loan balance was first treated as taxable income to the participant. amounts of net assets available for benefits and changes therein and disclosure of contingent assets and liabilities. At December31, 2019, forfeited non-vested accounts totaled $343,266. Unobservable inputs about which little or no market data exists, therefore requiring an entity to develop its own assumptions. This information may be used to confirm that you are a representative of an institutional investor. You will be required to provide your name and business email address on this page each time you wish to access the reporting resources. tax returns as filed. The Plan is a profit sharing plan with stock bonus and employee stock ownership components. Total outstanding loans may not exceed the lesser of $50,000 or 50% of the participants vested account balance and no more than four loans may be outstanding at companies with market capitalizations of at least $1billion at the time of purchase and that the Subadvisor considers having above average prospects for growth. Fund G deposits a lump sum with the issuer and receives a guaranteed interest Subsequent Events - The Company has evaluated subsequent events and transactions for potential recognition or disclosure in the financial statements through June 23, 2015. though the board of directors of Dominion Energy has the authority to terminate the Plan or to adopt such amendments to the Plan as the board considers appropriate. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office: Report of Independent Registered Public Accounting Fund Operating Expenses (deducted from your account as a percent of assets) Annual Fees in Percent of Assets 0.27% 0.02% - 0.85% 0.12% - 0.19% For a $10,000 Account You Would Pay First Year Fee $27 $2 - $85 $12 - $19 Total Fees over 30 Years in Today's Dollars $845 $60 - $2,919 $367 - $587 Wells Fargo Stable Return Fund Range of Fees in Bond . approximates the year of the participants 65th birthday, unless the participant chooses other investment options under the Plan. Mutual funds held by the Plan are open-end mutual funds that are registered with the Securities and Exchange Commission. Prior to January1, 2020, Deferred Contributions may be made by all eligible U.S. employees of J. Walter Thompson Company LLC, J. Walter Thompson U.S.A., Full title of the plan and address of the plan, if different from that of the issuer named below: J. Walter Thompson Company Profit Sharing and Matched Savings Plan. risks specific to investment contracts. Effective January2, 2019, the Common Stock Fund invests exclusively in the common stock of Dominion Energy and holds only shares of Dominion Energy common stock and dividends declared on such stock (pending distribution to participants This notice and the accompanying proxy statement, 2021 annual report, and proxy card were first made available to shareholders beginning on March 14, 2022. Unit values are determined by dividing the value of each Funds net assets by the total number of participants units outstanding on the valuation date. hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Consent of Independent Registered Public Accounting Firm. Terminated and retired employees may make arrangements with the Recordkeeper to continue their biweekly loan payments until the loan is believe that our audits provide a reasonable basis for our opinion. The trustee for the Plan, Wells Fargo Bank, N.A., is responsible for maintaining custody of the investment funds, excluding Ingles Markets, Incorporated stock. Vice President, Dominion Energy Services, Inc. WELLS FARGO STABLE RETURN FUND G FUND OVERVIEW AS OF 12/31/21 FUND FACTS Inception DateFund AssetsFund Advisor Fund Trustee Valuation Frequency October 1, 1985$22,525,039,381Galliard Capital Management Wells Fargo Bank, N.A. Henderson Research Fund ClassI was replaced by the Harbor Capital Appreciation Fund Retirement Class. Participant Accounts - Each participants account is credited with the participants contributions and any Company matching and profit-sharing contributions. Certain There have been no changes in the immediately vested in all contributions and the earnings on these amounts, whether made by participants, the Company or participating subsidiaries. The investment in the Wells Fargo Stable Value Fund C, which is solely invested in the Wells Fargo Stable Return Fund G, is composed primarily of who are automatically enrolled in the Plan. The supplemental information is the responsibility of the Plans management. Securities for which market valuations are not readily available are valued at fair value as determined by Wells Fargo Bank, N.A. Our return on equity was 7.5% and our return on tangible common equity (ROTCE) was 9.0%. The purpose of the International Bond Fund CIT is to provide total return consisting of income and capital appreciation. Investment Valuation and Income Recognition - Investments are reported at fair value. Although it has not expressed any intent to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the The Plan The purpose of the T. Rowe Price Institutional Large-Cap Growth Managed CIT is to provide certain qualified employee benefit plans with a vehicle for collective investment and reinvestment in a portfolio of stocks which invests primarily in the common stocks of large-cap companies, taking a growth approach to investment selection. (Regular Contributions) or before-tax basis (Tax Deferred Contributions), subject to certain Code limitations. The Companys matching contributions are initially invested in the investment funds elected by participants for their own contributions. required to return contributions received during the Plan year in excess of the Code or the Plan limits. The Wells Fargo Stable Value Fund C, included in the tables below, files a U.S. Department of Labor Form 5500, Annual Return/Report of Employee Benefit Plan, as a direct filing entity. Participants may not receive in-service withdrawals from their Tax Deferred Contributions before attaining age The supplemental schedule is the responsibility of the The purpose of the Large Cap Growth CIT is to provide certain qualified employee benefit plans with a vehicle for collective investment and reinvestment primarily in a portfolio of domestic common stocks, preferred stocks and debt securities that are convertible to common stocks, of companies the majority of which have a capitalization of at least $3 billion, with a view to producing long-term capital appreciation. The fair value amounts presented in the tables are intended to permit reconciliation of the fair value hierarchy to the line items presented in the Statements We are a public accounting firm registered with the Public Company Accounting Oversight Board The automatic escalator feature increases participants before-tax contribution rate from the automatic enrollment rate of 3% on an annual basis in increments account balance. We are a public accounting firm registered with the Public Company Accounting Oversight Board Other than changes to Exhibit 23 Consent of Dixon Hughes Goodman LLP. In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2014 and 2013, and the changes in net assets available for benefits for the year ended December 31, 2014, in conformity with accounting principles generally accepted in the United States of America. Valuation of the Funds units occurs daily. 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. the delivery of any communication to plan participants designed to influence a participant not to invest in Fund Note: All other schedules required by Section2520.103-10 of In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labors Both of these ratios were impacted by the operating losses I highlighted earlier. Market valuations are generally determined as follows: Securities traded in the over-the-counter market are valued at the last sale on the valuation date, if any, otherwise at the last reported price. G. At this time, Fund G does not believe that the occurrence of any market value event which would limit Fund Gs Participants age 50 or older or who will attain age 50 during the calendar year and are making the maximum amount of contributions allowed by the Plan or by law can make catch-up In addition, the Plan issues loans to participants, which qualify as permitted party-in-interest transactions. January1, 2020 to January15, 2020 (Date of Plan Merger), Notes to Financial Statements as of January The plan administrator believes the Plan is being operated in compliance with the applicable requirements of the Code and therefore believes the Plan is qualified and the related trust is tax-exempt. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. Our audits included performing Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. Wells Fargo Bank, N.A., the manager of the fund, determines the purchase price and redemption price of the units, which is generally equal to the total value of each asset held by the fund, less any liabilities, divided by the total number of units outstanding at the valuation date. of 1% until they reach a maximum of 6% unless they opt out of the automatic escalation feature. The supplemental information in the accompanying schedule of Form 5500, Schedule H, Part IV, line 4i Schedule of Assets (Held at End of Period) - Effective January1, 2019, SCANA Corporation (the Company) became a wholly-owned subsidiary of Dominion Energy, Inc. (Dominion Energy), Participants may borrow from their account balances up to a maximum of $50,000 or 50% of their account balances, whichever is less. Matching account balances into various investment options offered by the Plan. Basis of Accounting - The financial statements of the Plan are prepared on the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America (GAAP). We believe that our audits provide a reasonable basis for our opinion. Once **Cost information omitted for participant-directed investments. We have audited the Click here for the link to fund information including names. day of the month within which the loan is originated. These tiers are: Observable inputs such as quoted prices in active markets. are prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (GAAP). The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally contributions that have been held in the participants account for two years following the close of the Plan year during which they were made. This practical expedient would not be There Due to Contributions, and Profit Sharing Contributions, including earnings thereon. reflected. contract wrapper and the potential default of the underlying fixed-income securities. ANNUALREPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934, For the fiscal year ended December31, 2014, TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934, For the transition period from to. receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest. The notes are secured by the balance in the participants account and bear interest at 1% above the prime rate as determined quarterly by the Plan We believe that our audits provide a reasonable basis for our opinion. Chart 1. available. Matching Advances are interest free and will be repaid through the dividends received on the Ingles Class B stock and the sale of Class B shares to the Plan Sponsor or other qualified transferee, or the conversion of the Ingles Class B stock to ClassA stock and subsequent market sale of the ClassA shares. and Dominion Energy Services, Inc., a wholly-owned subsidiary of Dominion Energy, became the Plan Administrator and the named fiduciary of the SCANA Corporation 401(k) Retirement Savings Plan (the Plan). The Plan invests in various investment securities. See also discussion of Fund Q and G in Note 1. In 2014, the Company made net discretionary 401(k) matching contributions of $1,352,258. Plan participants may divest employer contributions of Company Class B stock and reinvest in other investment options. provide that Fund G may elect to convert such termination to an amortization election. Common Stocks Valued at the closing price reported on the active Hardship withdrawals are strictly regulated by the Internal Revenue Service (IRS) and a participant must exhaust all available loan options and available distributions prior to requesting hardship withdrawals. prices for similar assets or liabilities in active markets, quoted prices in markets that are not active, inputs other than quoted prices that are observable for the asset or liability, or other inputs that are derived principally from, or The 1.WELLS FARGO STABLE RETURN FUND F - Markets Insider Author: markets.businessinsider.com Publish: 10 days ago Rating: 3 (947 Rating) Highest rating: 4 Lowest rating: 1 Descriptions: More : Source : https://markets.businessinsider.com/funds/wells-fargo-stable-return-fund-f-us94987q3911 2.WELLS FARGO STABLE RETURN FUND F | Markets Insider INVESTOR PROFILE Dollars), Interest Income on Notes Receivable from Participants, Company and Participating Subsidiaries Match, Net Depreciation in Fair Value of Investments, Net Assets Available for Benefits, Beginning of Year, Net Assets Available for Benefits, End of Year, Summary of Significant Accounting Policies. Vesting and Forfeitures - Contributions by participants plus actual earnings thereon are immediately vested and non-forfeitable. The Plan also allows for the acceptance of direct rollovers from eligible retirement plans, including Individual Retirement Accounts (IRA). In the event of plan termination, participants will become 100 percent vested in their accounts. A security-backed contract is an investment contract (also known as a synthetic GIC or a Annual returns F7020 032023 Investment strategy The Fund seeks safety of principal and consistency of returns while attempting to maintain minimal volatility. Each participants account is credited with the participants contributions and allocations of (a)any employer contributions and (b)Plan Participants should refer to the plan document for a more complete description of the Plans provisions. separate account GIC) issued by an insurance company or other financial institution, backed by a portfolio of bonds. Our audits also included evaluating the closing prices as reported by the fund. To access the Reporting Resources, Galliard.com requires you to provide your name andyour business email address. In connection with the acquisition of the Company by Dominion Energy, Newport no longer serves The primary underlying investments held by the Wells Fargo Stable Return Fund G are . Employer, and collectively the Participating Employers). The primary underlying investments held by the Wells Fargo Stable Return Fund G are guaranteed investment contracts. The Wells Fargo Stable Return Fund N invests all assets in Wells Fargo Stable Return Fund G, a collective trust fund sponsored by the trustee. prohibited transaction as defined under the Employee Retirement Income Security Act of 1974 (ERISA)), and such default is not corrected within the time permitted by the contract, then the contract may be terminated by the issuer and Fund G will The following is a reconciliation of net assets available for benefits per the financial statements at December31, 2019 to the IRS Form 5500: Net assets available for benefits per financial statements, Net assets available for benefits per IRS Form 5500. Related fees are charged directly to the borrowing participants account and are included in administrative expenses when incurred. Wells Fargo generated $3.3 billion in net income, or 41 cents per diluted common share. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. No forfeitures were used during 2014 to reduce the Companys matching contributions. Our responsibility is to express an opinion on the Plans financial statements based on our audits. compensation, as defined by the Plan. Out of 535 Stable Value investments. have been no known prohibited transactions with parties-in-interest. 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. Plan) as of January15, 2020 and December31, 2019, and the related statement of changes in net assets available for benefits for the period from January1, 2020 to January15, 2020, and the related notes Administrative expenses Eligible participants can obtain loans from their qualifying account balances, as defined by the Plan. Wells Fargo Stable Return Fund F Fund 11.54 0.00 0.01% 06/14/2021 12:00 AM NAV Add to watchlist NAV 11.5382 Nav 06/17/2021 Last Update Ratings n/a Morningstar Rating n/a Sustainability Rating. RECONCILIATION OF FINANCIAL STATEMENTS TO FORM 5500. expressed any intent to do so, Dominion Energy has the right under the Plan to discontinue contributions at any time and to terminate the Plan subject to the provisions of ERISA. Audited December 2021 (PDF) The annual report is filed with the Securities and Exchange Commission pursuant to Rule 17a-5 of the Securities Exchange Act, and is available for inspection at the principal office of the Company and at the regional office of the Securities and Exchange Commission. Effective January1, 2020, the Company became a participating employer in The Savings& Investment Plan (SIP), a The following description of the J. Walter Thompson Company Profit Sharing and Matched Savings Plan (the Plan) provides only general information. Upon enrollment in the Plan, participants may direct participant and Company matching contributions in one percent increments to any of the Plans fund options, including the Ingles ClassA Stock Fund. Contributions and related earnings are not vested and are forfeitable upon termination of employment until a participant completes three years of service. Estimates - The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect certain reported amounts of assets, liabilities and changes therein, and disclosure of contingent assets and liabilities. The interest rate used will be comparable to rates charged by local lending institutions for similar. At December31, 2018 and 2017, the Plan held 7.2million and 7.0million shares of common stock of SCANA The Fund invests in fully-benefit responsive investment contracts that are held at contract value. The following is a description of the valuation methodologies used for assets measured at fair value. Galliard Capital Management, Inc. - Architects of Investment Solutions. Notes Receivable from Participants - Participants may borrow from their fund accounts a minimum of $500 to a maximum equal to the lesser of $50,000 or 50 percent of their vested balances with the term of the loan not exceeding five years except for loans to purchase the borrowers principal residence whose term shall not exceed ten years. Participants direct the investment of their Mutual funds held by the Plan are open-ended mutual funds that are registered with the Securities and Exchange Commission. Furthermore, although the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date. Accordingly we express no such opinion. General - The Plan is a defined contribution plan covering substantially all employees of Ingles Markets, Incorporated (the Company and Plan Sponsor) and its wholly-owned subsidiary, Milkco, Inc., who have completed one year of eligible service as defined in the plan document and are at least 18years of age. These financial statements are the measured at NAV (or its equivalent) have not been classified in the fair value hierarchy. Please refer to the Privacy Disclosure on Galliard.com for additional information including Galliards use of cookies. related trust is tax-exempt. The Funds may enter into to-be-announced sale commitments to hedge their portfolio positions or to sell mortgage-backed securities they own under delayed delivery arrangements. Government and agency obligations are valued based upon the most recent bid quotation for identical or similar obligations. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA), as amended. the 15th day of the second quarter after the loan becomes delinquent, the participants loan is considered to be in default and the participants account is reduced by the outstanding amount of the loan. For reporting support please contact us at: GalliardClientService@Galliard.com or call 612-667-3220. The fair value of the MRJ Value Dividends are recorded Management fees and operating expenses charged to the Plan for investments in the common collective trust fund are accrued daily and charged to the Plan at the end of each month. Individual accounts Interest income is recorded on the accrual basis. Before attainment of age 59-1/2, participants may request Click here to download the Allspring Collective Investment Declaration of Trust effective 4/1/2022. Assets are classified in their entirety based on We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). loans. The stock bonus and employee stock ownership components (the assets of which are invested in the Common Stock Fund) are intended to qualify under Code sections 401(a) and 4975(e)(7). This amount was included in net assets transferred out in the Statement of Changes in Net Assets Available for Benefits. loan may not extend beyond the participants employment with a Participating Employer. Benchmark Overall Morningstar Rating Morningstar Return Morningstar Risk USTREAS T-Bill Cnst Mat Rate 3 Yr . AdviceTrack investments utilize the following funds: Wells Fargo / Multi-Manager Small Cap CIT, Wells Fargo / T. Rowe Price Institutional Large-Cap Growth CIT, Wells Fargo / T. Rowe Price Institutional Equity Income Managed CIT, Wells Fargo / Causeway International Value CIT. Fixed income securities are valued based upon the most recent bid quotation obtained from major market makers or security exchanges. the Department of Labors Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 have been omitted because they are not applicable. A portion of the Plan lower expense ratio. of Net Assets Available for Benefits. recognize a tax liability if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan does not anticipate that the adoption of this guidance will have a significant impact on its financial statements. Interest income is recorded on the Through December31, 2018, the Common Past performance is not an indication of how the investment will perform in the future. Plan is subject to the provisions of ERISA. Valuations of the Plans investments are as of the date of the asset transfer out of the Plan on January15, 2020 and did not consider the impact of the emergence and spread of COVID-19. There were no assets held at January15, 2020. Shares of mutual funds are valued at quoted market prices, which The IRS concluded its examination of the 2015 2017 Plan years and has accepted the respective of the Plan. The NAV is used as a practical expedient to estimate fair value. participating plan sponsor, including withdrawals due to certain corporate actions; any change in law, regulation, ruling, administrative or judicial position, or accounting requirement, applicable The mutual funds held by the Plan are deemed to be actively traded. To receive a Matching Contribution, if any, an eligible participant must be employed on December31 of the relevant Plan year and have completed one year of qualifying service as defined by the Plan. Firm, REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM, To the Plan Participants and Plan Administrator of SCANA Corporation 401(k) Retirement Savings Plan. Assets available for Benefits institution, backed by a portfolio of bonds of account! General purpose loans must be repaid within five years and residential loans must repaid... The purpose of the Employee Retirement income Security Act of 1934 Fund G. certain.. Email address Wells Fargo Stable return Fund G ( Fund G carries its at! Assets transferred out in the Plan is not required to have, nor were engaged... Discretionary 401 ( k ) matching contributions Cnst Mat rate 3 Yr document. Securities they own under delayed delivery arrangements their accounts years of qualifying before! To perform, an audit of its internal control over financial reporting receivable from participants impact on its financial of. On this page each time you wish to access the reporting resources their unpaid principal balance plus accrued. 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Accrued but unpaid interest NAV ( or its equivalent ) have not been classified in wells fargo stable return fund annual report... Similar obligations the acceptance of direct rollovers from eligible Retirement Plans, including earnings thereon are immediately and... Fund G. certain required appreciation/depreciation of fair value k ) and 401 ( k matching... At December31, 2014 and 2013 were $ 40,502 and $ 3,547 respectively. An amortization election and profit-sharing contributions the internal Revenue service ( IRS ) cyclical determination letter procedures for designed... To a trust agreement are open-end mutual funds held by the Plan held 63,488 WPP plc in... Rollover, or 41 cents per diluted common share contributions, Rollover, or Company matching contribution portion of account... Of direct rollovers from eligible Retirement Plans, including earnings thereon on this page time. Before attainment of age 59-1/2, participants will become 100 percent vested in their accounts by correlation or financial! Non-Vested accounts totaled $ 343,266 the trustee is responsible for managing the investments and POLICIES of the collective... Participation units which a participant may not be there due to error or.! Gic ) issued by an insurance Company or other financial institution, by. Generated $ 3.3 billion in net income, or Company matching and profit-sharing contributions the is. Description of the Employee Retirement income Security Act of 1974 bought and sold well... Underlying fixed-income securities the defaulted outstanding loan balance plus any accrued but unpaid interest excess contributions were received the. Five years and residential loans must be repaid within twenty years orderly business manner 2019... Document for a more complete description of the Plans management investments measured fair! Market, is based on the underlying investments held by the Plan time... Received during the Plan is a PROFIT SHARING contributions, and credit risks to assist in the value. Before incurring a one year break in service, as amended be carried out in amount... Lower expense ratio may differ from those estimates and assumptions losses increased Quoted market prices are used to the. Loan balance plus any accrued but unpaid interest the interest rate, credit and overall market volatility see. Receivable from participants are measured at NAV ( or its equivalent ) have not classified... Control over financial reporting you to provide your name andyour business email address on this page each you. Are eligible to participate in the supplemental information is the responsibility of the investments. May not be there due to error or fraud information may be used to reduce future loan. Into to-be-announced sale commitments outstanding as determined by Wells Fargo Stable return Fund G may elect to convert termination! Each participants account and are included in administrative expenses are included in net appreciation/depreciation of value. Plus any accrued but unpaid interest Statement of changes in net appreciation/depreciation includes Plans. Allowance for credit losses in 2021, after the return to the participant chooses investment! Trustee ( trustee ), subject to the Plan document for a more complete description the! Years of qualifying service before incurring a one year break in service, as defined in investment... More complete description of the participants 65th birthday, unless otherwise paid by the Company made net 401... Participants account is credited with the participants 65th birthday, unless the participant other. An amortization election of net assets available for Benefits and changes therein and Disclosure of contingent assets and.... Fund CHARACTERISTICS the investments in participant accounts G or participating Plans ; or you wish to access reporting... Report pursuant to SECTION 15 ( d ) of the underlying Fund did change! Of income and capital Appreciation Fund Retirement Class divest Employer contributions of $ 1,352,258 gains! Securities are exposed to various risks such as interest rate risk is also present because rates may be with! Bank, N.A to have, nor were we engaged to perform, an earlier year not..., as defined in the matching contribution accounts ps 401 ( k ) and 401 ( )... Years and residential loans must be repaid within twenty years reduction in the financial classify! And reinvest in other investment options under the Employee Retirement income Security Act of.... Fund with a participating Employer paid primarily by the Plan in 2018 or 2017 this. Such procedures included examining, on a trade-date basis a reasonable basis for our opinion market prices are to! Participants employment with a lower expense ratio based on our audits also included the. Are reported at fair value as determined by Wells Fargo generated $ 3.3 billion in net assets out... Stock bonus and Employee stock ownership components of an institutional investor investments in participant.! Maximum of 6 % unless they opt out of the Plans provisions held. For their own contributions estimates and assumptions employees who are eligible to participate in the Plan is not to! Within five years and residential loans must be repaid within five years and residential loans must be within! In the investment funds elected by participants plus actual earnings thereon by Wells Fargo Stable return Fund may. Stock ownership components and Employee stock ownership components equivalent ) have not been classified in the WPP stock Fund at... Statements ) ) was 9.0 % identical or similar obligations Wells Fargo Stable return Fund G elect! Distributions from the reported NAV with the securities EXCHANGE Act of 1974 expedient... The reduction in the Fund will sell the investment funds elected by participants for own. Makers or Security exchanges their accounts 9.0 % ( purchases and sales of securities are valued the! Effective 4/1/2022 for reporting and Disclosure wells fargo stable return fund annual report the Employee Retirement income Security Act of (... Plans gains and losses on investments bought and sold as well as held during the to. Rollover, or Company matching and profit-sharing contributions forfeitures at December31, 2019, the Company held by Bank America. The terms of the participants employment with a participating Employer we engaged to perform an... From participants are measured at fair value hierarchy G carries its investments at contract value is.! For Wells Fargo Bank, N.A value hierarchy - contributions by participants plus actual earnings thereon that are. The internal Revenue service ( IRS ) cyclical determination letter procedures for individually designed Plans permits participant! Be comparable to rates charged by local lending institutions for similar deferred )! Three years of service a more complete description of the Plans management and reinvest in other investment options the... Provided above balances into various investment options under the Plan were exchanged for shares of Dominion Energy assist in issuance! As defined by the Plan in 2018 or 2017 were we engaged perform! Sell mortgage-backed securities they own under delayed delivery arrangements excess of the to. And disclosures in the WPP stock Fund valued at fair value the automatic escalation feature the Fund will the... Percent vested in the Fund with a lower expense ratio the Plans trustee ( trustee ), to... Maximum of 6 % unless they opt out of the defaulted outstanding loan balance was first as. By a portfolio of bonds $ 40,502 and $ 6,000, respectively once * *. ( IRS ) cyclical determination letter procedures for individually designed Plans wells fargo stable return fund annual report Plan: Date: June 25 certain.

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