SEC Filings

11-K
AECOM filed this Form 11-K on 06/14/2018
Entire Document
 

Table of Contents

 

 

 

As of December 31, 2016

 

 

 

Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

 

Significant
Observable
Inputs
(Level 2)

 

Significant
Unobservable
Inputs
(Level 3)

 

Total
Fair Value

 

 

 

(expressed in thousands)

 

Mutual funds

 

$

882,233

 

$

 

$

 

$

882,233

 

Total investments in the fair value hierarchy

 

$

882,233

 

$

 

$

 

882,233

 

 

 

 

 

 

 

 

 

 

 

Investments measured at NAV

 

 

 

 

 

 

 

1,609,288

 

Total investments at fair value

 

 

 

 

 

 

 

$

2,491,521

 

 

Net Asset Value per Share — The following tables summarize investments measured at NAV per share as of December 31, 2017 and 2016, respectively:

 

December 31, 2017

 

Fair Value
(in $000)

 

Unfunded
Commitment

 

Redemption
Frequency
(if Currently
Eligible)

 

Other
Redemption
Restrictions

 

Redemption
Notice Period

 

Retirement date funds

 

$

1,424,552

 

 

Daily

 

None

 

None

 

S&P 500 index fund

 

446,378

 

 

Daily

 

None

 

None

 

 

December 31, 2016

 

Fair Value
(in $000)

 

Unfunded
Commitment

 

Redemption
Frequency
(if Currently
Eligible)

 

Other
Redemption
Restrictions

 

Redemption
Notice Period

 

Retirement date funds

 

$

1,209,974

 

 

Daily

 

None

 

None

 

S&P 500 index fund

 

399,314

 

 

Daily

 

None

 

None

 

 

E.                              INVESTMENT IN AECOM DC RETIREMENT PLANS SMA MASTER TRUST

 

Beginning January 1, 2016, certain investment assets of the Plan are held in separately managed accounts (“SMA”) in a custody account at Northern Trust Corporation and consists of an interest in an investment account of the AECOM DC Retirement Plans SMA Master Trust (“SMA Master Trust”), a master trust established by AECOM and is administered by the Trustee. The SMA Master Trust combines the Plan’s assets with the assets of two other retirement savings plans sponsored by AECOM for investment and administrative purposes. Although the assets of the three retirement plans are combined in the SMA Master Trust, the Trustee maintains supporting records for the purpose of allocating the net gain or loss of the investment funds to the participating plans. The net investment gain or loss of the SMA Master Trust investment funds are allocated by the Trustee to each participating plan based on that plan’s interest in each investment fund, as compared with the total interest of all the participating plans in each investment fund. Investment gains or losses are recognized as earned based on the terms of the investments and the period during which the investments were held by the SMA Master Trust. The Plan’s interest in the SMA Master Trust represents approximately 96.8%  and 97.0% of the net assets of the SMA Master Trust at December 31, 2017 and 2016, respectively.

 

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