Document

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 11-K
 
(Mark One)
x
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2015
OR
o
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from ________to_________
Commission file number: 001-16751 
 
 
A.
Full title of the plan and the address of the plan, if different from that of the issuer named below:
ANTHEM 401(k) PLAN

B.
Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:
Anthem, Inc.
120 Monument Circle
Indianapolis, IN 46204


REQUIRED INFORMATION
The Anthem 401(k) Plan (the “Plan”) is subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). In lieu of the requirements of Items 1-3 of Form 11-K, the financial statements of the Plan and the supplemental schedule presented herein have been prepared in accordance with the financial reporting requirements of ERISA.

1

ANTHEM 401(k) PLAN
Financial Statements and Supplemental Schedule
December 31, 2015 and 2014 and for the
Year Ended December 31, 2015
With Report of Independent Registered Public Accounting Firm

2

ANTHEM 401(k) PLAN
Financial Statements and Supplemental Schedule
December 31, 2015 and 2014 and for the
Year Ended December 31, 2015
Contents
 
 
 
Page
 
 
Audited Financial Statements:
 
 
 
 
 
 
 
 
 
Supplemental Schedule:
 
 
 

3

Report of Independent Registered Public Accounting Firm
To the Pension Committee of
ATH Holding Company, LLC
We have audited the accompanying statements of net assets available for benefits of the Anthem 401(k) Plan as of December 31, 2015 and 2014, and the related statement of changes in net assets available for benefits for the year ended December 31, 2015. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. We were not engaged to perform an audit of the Plan’s internal control over financial reporting. Our audits 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 Plan’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Anthem 401(k) Plan at December 31, 2015 and 2014, and the changes in its net assets available for benefits for the year ended December 31, 2015, in conformity with U.S. generally accepted accounting principles.
The accompanying supplemental schedule of assets (held at end of year) as of December 31, 2015, has been subjected to audit procedures performed in conjunction with the audit of Anthem 401(k) Plan’s financial statements. The information in the supplemental schedules 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
Indianapolis, Indiana
June 27, 2016


4

Anthem 401(k) Plan
Statements of Net Assets Available for Benefits
 
December 31
 
2015
 
2014
Assets

 
 
Investments at fair value
$
5,157,662,313

 
$
4,979,612,793

Receivables:

 
 
Contributions receivable from employer
3,486,546

 
3,554,868

Contributions receivable from participants
77,002

 
27,303

Notes receivable from participants
163,313,523

 
154,435,642

Net assets available for benefits
$
5,324,539,384

 
$
5,137,630,606

See accompanying notes.


5

Anthem 401(k) Plan
Statement of Changes in Net Assets Available for Benefits
Year Ended December 31, 2015
Additions
 
Interest and dividends
$
147,890,855

Interest income on notes receivable from participants
7,076,859

Net depreciation in fair value of investments
(152,797,397
)
Contributions:
 
Participants
278,058,700

Rollovers
30,639,424

Employer
130,201,139

Total additions
441,069,580

Deductions
 
Benefit payments and withdrawals
291,878,746

Administrative fees
4,597,340

Transfer of assets to unrelated plans
5,077

Total deductions
296,481,163

Increase in net assets prior to transfers
144,588,417

 
 
Transfer of assets from merged plans
42,320,361

 
 
Net assets available for benefits at beginning of year
5,137,630,606

Net assets available for benefits at end of year
$
5,324,539,384

See accompanying notes.


6

Anthem 401(k) Plan
Notes to Financial Statements
December 31, 2015
1. Description of the Plan
General
The Anthem 401(k) Plan (the “Plan”) is a defined contribution plan which was established to provide savings opportunities for employees of Anthem, Inc. (“Anthem”) and certain of its subsidiaries (the “Participating Employers”). Employees of the Participating Employers are generally eligible to participate upon employment. The Plan Sponsor is ATH Holding Company, LLC, a wholly owned subsidiary of Anthem, Inc. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).
Plan Divestiture and Mergers
Effective March 31, 2015, the CareNex Health Services LLC 401(k) Retirement Savings Plan (the “CareNex Plan”) was merged into the Plan. Net assets available for benefits of $59,349 were transferred to the Plan on the date of the merger. Employees of CareNex Health Services LLC became eligible to participate in the Plan effective August 26, 2013, when the CareNex Plan was frozen to new contributions.
Effective June 30, 2015, the CareMore 401(k) Pension Plan (the “CareMore Plan”) was merged into the Plan.  Net assets available for benefits of $39,227,558 were transferred to the Plan on the date of the merger. An additional transfer of $62,808 was received in September 2015 from related plans. The CareMore Plan was frozen effective December 31, 2012 and actively employed participants in the CareMore Plan became eligible to participate in the Plan effective January 1, 2013.  
The Simply Healthcare Plans, Inc. 401(k) Profit Sharing Plan and Trust (the "Simply 401(k)") was merged into the Plan effective December 31, 2015. Net assets available for benefits of $2,970,646 were transferred to the Plan on the date of the merger. Employees of Simply Healthcare Plans, Inc. became eligible to participate in the Plan effective January 1, 2016.
Participant Accounts
Individual accounts are maintained by the Plan for each eligible employee who participates in the Plan (“Participant”). Each Participant’s account is credited with the Participant’s contributions, allocations of the Plan Sponsor’s contributions, and an allocation of Plan earnings or losses, reduced by Participant withdrawals and certain administrative fees. Participant accounts are Participant directed. Forfeited balances of terminated Participants’ nonvested accounts are used to reduce future Plan Sponsor contributions and to pay administrative expenses of the Plan. The benefit to which a Participant is entitled is the benefit that can be provided from the Participant’s account.
Contributions    
Participants may make voluntary contributions of 1% to 60% of eligible compensation, as defined in the Plan document, subject to limitations imposed by applicable Internal Revenue Service (“IRS”) regulations. Participants may make pretax contributions to a traditional 401(k) account or after tax contributions to a Roth 401(k) account. Eligible employees who do not make an election within 30 days of their date of hire are automatically enrolled in the Plan for pretax contributions of 4% of eligible compensation.
After the Participant has completed one year of service, the Plan Sponsor will match up to 100% of the first 3% of the Participant’s eligible compensation contributed, then 50% of the next 2% of the Participant’s eligible compensation contributed, for a total Plan Sponsor match potential of 4%. The Plan Sponsor match of Participant pretax and Participant after tax contributions is contributed as a pretax contribution.
Participants who attain age 50 by the end of the plan year may elect to contribute additional amounts to their account as permitted by the Economic Growth and Tax Relief Reconciliation Act of 2001 and as provided by the Plan. A “catch-

7


Anthem 401(k) Plan
Notes to Financial Statements (continued)

up contribution” enables Participants to contribute additional funds beyond the regular IRS limits as they near retirement. Catch-up contributions are not eligible for matching contributions.
Participants direct their elective contributions into various investment options offered by the Plan, including the Anthem Stock Fund and a brokerage option account. The Anthem Stock Fund is a unitized fund that invests in Anthem common stock. A portion of the fund may also be invested in short-term reserves to accommodate daily transactions. Generally, Participants are permitted to change investment options daily. Plan Sponsor contributions are allocated in the same manner as that of the Participant’s elective contributions.
Vesting
Active Participants are immediately 100% vested in employee and employer contributions and any earnings thereon. Participants in former plans of acquired companies who were not active employees at the date the plans were merged into the Plan may be subject to separate vesting schedules on former plan employer contributions.
Benefit Payments and Withdrawals
An active Participant in the Plan may make a complete or partial in-service hardship withdrawal of the amounts held in the Participant’s account attributable to the Participant’s contributions, rollovers, pre-2006 employer match, and income allocated to the contributions account. The in-service hardship withdrawal must be necessary in light of an immediate and heavy financial need of the Participant due to one of six causes specified by the Plan, and the Participant shall have obtained all other withdrawals and nontaxable loans provided by the Plan. Participant contributions to the Participant’s account are suspended for the six months following a hardship withdrawal from a Participant’s account.
A Participant may make a withdrawal of voluntary after-tax contributions made to a traditional 401(k) account prior to January 1, 2012, or take a qualified distribution of Roth 401(k) contributions, as defined by the IRS, at any time. Additionally, after attaining age 59½, a Participant may withdraw Participant and Plan Sponsor contributions for any reason.
Upon termination of employment, the Participant is entitled to receive the fully vested current value of his or her account. If the current value of the vested account is less than $1,000, the account is paid in a lump-sum payment. If the vested account value is more than $1,000 but less than $5,000, the account will be rolled over into an IRA unless the Participant elects otherwise. If the vested account value is more than $5,000, the account will remain in the Plan unless the Participant elects otherwise. The Participant may elect to have the entire portion, if any, of the account held in the Anthem Stock Fund paid in whole shares of Anthem common stock, with fractional shares and any uninvested funds paid in cash. Participant accounts must be distributed by the year following the later of retirement or attainment of age 70½. Upon death, payments are made to the Participant’s beneficiary in the form of a lump-sum payment or in installments.
Participant Loans
Participants may request a loan not in excess of the lesser of: (1) 50% of the vested account balance, or (2) $50,000, less the highest outstanding loan balance during the preceding year. Repayment of loans shall not exceed five years, except for loans used to acquire the Participant’s principal residence. Each loan bears interest equal to the prime lending rate plus 1% as listed by Reuters on the last business day of the month prior to the month the loan is requested and is set on the day the loan is approved. Repayments are made by payroll deduction. Participants may have no more than three loans outstanding at any one time.

8


Anthem 401(k) Plan
Notes to Financial Statements (continued)

Forfeitures
Forfeitures of terminated nonvested account balances totaling $1,284,499 and $1,215,388 remained in the Plan as of December 31, 2015 and 2014, respectively. Forfeitures of $144,014 were used to reduce Plan Sponsor contributions and pay administrative expenses during 2015.
Plan Termination    
Although it has not expressed any intent to do so, the Plan Sponsor has the right to terminate the Plan subject to the terms of ERISA. In the event the Plan is terminated, each Participant’s account shall be nonforfeitable with respect to both the Participant’s and the Plan Sponsor’s contributions, and the net assets are to be set aside for the payment of withdrawals to the Participants. The Plan Sponsor has the right to amend the Plan or to suspend matching contributions to the Plan at any time, either permanently or temporarily, for any length of time.
Administration of the Plan
Vanguard Fiduciary Trust Company (“Vanguard”) serves as the Plan’s trustee to administer the Plan’s assets. The Vanguard Group, Inc. serves as the Plan’s recordkeeper and provides investment services.
The Plan Sponsor may bear certain costs associated with administering the Plan. These costs are not included in the accompanying financial statements and constitute exempt party-in-interest transactions. Transaction fees related to loan processing are paid from individual participant accounts.
More detailed information concerning the Plan may be found by consulting the summary plan description, which is available from the Plan Sponsor.
2. Significant Accounting Policies
Basis of Presentation
The accompanying financial statements of the Plan have been prepared on the accrual basis of accounting and are in conformity with accounting principles generally accepted in the United States (“GAAP”). Accordingly, contributions to the Plan and interest and dividend income are recognized as earned, and realized gains and losses and net unrealized appreciation (depreciation) of fair value of investments are recognized as they occur. Plan benefit payments and withdrawals are recognized when paid.
Use of Estimates
The preparation of financial statements in accordance with GAAP requires the use of estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results may differ from those estimates.
Investment Valuation and Income Recognition
Investments of the Plan are recorded at fair value. See Note 4 for further discussion of fair value measurements.
Purchases and sales of securities are recorded on a trade-date basis and interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date.

9


Anthem 401(k) Plan
Notes to Financial Statements (continued)

Investment securities are exposed to various risks, such as interest rate, market, and credit risks. 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.
Notes Receivable from Participants
Notes receivable from participants represent Participant loans that are recorded at their unpaid principal balance plus any accrued but unpaid interest. Interest income on notes receivable from participants is recorded when it is earned. Related fees are recorded as administrative expenses and are expensed when they are incurred. No allowance for credit losses has been recorded as of December 31, 2015 or 2014. 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 benefit payment is recorded.
New Accounting Pronouncements
In May 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update No. 2015-07, Fair Value Measurements (Topic 820): Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) ("ASU 2015-07"), which amends Accounting Standards Codification Topic 820 ("ASC 820"), Fair Value Measurement, to remove the requirement to categorize within the fair value hierarchy investments for which fair value is measured using the net asset value per share practical expedient. The amended guidance in ASU 2015-07 becomes effective for annual periods beginning after December 15, 2016 with early application permitted.
In July 2015, the FASB issued Accounting Standards Update No. 2015-12 (Part II), Plan Accounting (Topics 960, 962, and 965): Plan Investment Disclosures (“ASU 2015-12 (Part II)"), which removes the requirement to disclose investment results by investment category, permits investments to be reported within the fair value hierarchy by general type rather than by classes of investment, and simplifies or eliminates other Plan investment disclosure requirements.  The amended guidance in ASU 2015-12 (Part II) becomes effective for annual periods beginning after December 15, 2015 with early application permitted.
The Plan elected to adopt the amended guidance effective December 31, 2015. The adoption of ASU 2015-07 and ASU 2015-12 (Part II), each of which requires retrospective application to all periods presented, did not have a material effect on the Plan’s net assets available for benefits or its changes in net assets available for benefits.
Reclassification
Certain prior year footnote disclosures have been reclassified to conform to the current year presentation.
3. Employee Stock Ownership Plan (ESOP)
The portion of a Participant’s account held in the Anthem Stock Fund is designated as an ESOP and the account is considered an eligible individual account plan as defined by ERISA. Anthem common stock is purchased by the ESOP using Participant directed contributions. Each Participant is entitled to exercise voting rights attributable to the shares allocated to his or her account.

10

Anthem 401(k) Plan
(Formerly WellPoint 401(k) Retirement Savings Plan)
Notes to Financial Statements (continued)





Put Option
In accordance with IRS regulations, Anthem stock that ceases to be readily tradable on an established market includes a put option for any Participant who is otherwise entitled to a total distribution from the Plan. The put option is the right to require that the Plan Sponsor repurchase the Anthem stock credited to the Participant’s account under a fair valuation formula. The distribution may be paid with interest over a period of not more than five years.
Dividends Paid on Anthem Stock
Any cash dividends paid to the Participant’s account will be reinvested in the Anthem Stock Fund unless the Participant elects to receive the dividend in cash paid directly to the Participant. Participants may change their election to receive dividends in cash or to reinvest dividends at least quarterly.
4. Fair Value of Investments
ASC 820 defines fair value, establishes a framework for measuring fair value in accordance with GAAP, and requires certain disclosures about fair value measurements.
Investments recorded at fair value in the statements of net assets available for benefits are categorized based on the level of judgment associated with the inputs used to measure their fair value. Level inputs, as defined by ASC 820, are as follows:
Level Input:
Input Definition:
 
 
Level I
Inputs are unadjusted, quoted prices for identical assets or liabilities in active markets at the measurement date.
 
 
Level II
Inputs other than quoted prices included in Level I that are observable for the asset or liability through corroboration with market data at the measurement date.
 
 
Level III
Unobservable inputs that reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date.
Transfers between Levels, if any, are recorded as of the beginning of the reporting period.
The asset’s 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. Valuation techniques used maximize the use of observable inputs and minimize the use of unobservable inputs.
The following methods and assumptions were used to determine the fair value of investments recorded at fair value in the statements of net assets available for benefits.
Mutual funds: Valued at quoted market prices, which represent net asset value, of shares held by the Plan at year end.
Anthem common stock: Valued at the closing price on the New York Stock Exchange on the last business day of the Plan year.
Brokerage option accounts: Valued at quoted market prices of the investments held in the brokerage account. Equity securities held in the brokerage account are valued at quoted market prices reported on the active market on which the individual securities are traded on the last business day of the Plan year. Mutual funds are valued at quoted market prices, which represent net asset value, of shares held in the brokerage account at year end.
Life insurance contracts: Valued at the cash surrender value of the policies as reported by the insurer.
Collective trusts: Value is based on the value of the underlying investments divided by the number of units outstanding. The collective trusts replicate Vanguard's Target Date mutual funds. There are no restrictions on redemptions from the collective trusts.

11


Anthem 401(k) Plan
Notes to Financial Statements (continued)

A summary of fair value measurements by level for investments measured at fair value on a recurring basis is as follows:
December 31, 2015
Total
 
Level I
 
Level II
 
Level III
Mutual funds
$
3,693,483,979

 
$
3,693,483,979

 
$
—

 
$
—

Anthem, Inc. common stock
346,611,182

 
346,611,182

 
—

 
—

Self-directed brokerage accounts
32,346,971

 
32,346,971

 
 
 


Life insurance contracts
69,383

 
—

 
—

 
69,383

Investments measured at fair value
4,072,511,515

 
$
4,072,442,132

 
$
—

 
$
69,383

Collective trusts *
$
1,085,150,798

 
 
 
 
 
 
Total investments
$
5,157,662,313

 


 


 




December 31, 2014
Total
 
Level I
 
Level II
 
Level III
Mutual funds
$
3,655,103,307

 
$
3,655,103,307

 
$
—

 
$
—

Anthem, Inc. common stock
312,328,676

 
312,328,676

 
—

 
—

Self-directed brokerage accounts
32,684,433

 
32,684,433

 
—

 
—

Life insurance contracts
70,179

 
—

 
—

 
70,179

Investments measured at fair value
$
4,000,186,595

 
$
4,000,116,416

 
$
—

 
$
70,179

Collective trusts *
$
979,426,198

 
 
 
 
 
 
Total investments
$
4,979,612,793

 


 


 


* In accordance with ASU 2015-07, certain investments that are measured at fair value using the net asset value per share have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the total investments in the statements of net assets.

12


Anthem 401(k) Plan
Notes to Financial Statements (continued)

A reconciliation of the beginning and ending balances of assets measured at fair value on a recurring basis using Level III inputs for the years ended December 31, 2015 and 2014 is as follows:
 
Life
Insurance
Contracts
Year ended December 31, 2015:
 
Beginning balance at January 1, 2015
$
70,179

Net unrealized losses relating to assets held at end of year
(1,114
)
Purchases
318

Sales
—

Ending balance at December 31, 2015
$
69,383

 
 
Year ended December 31, 2014:
 
Beginning balance at January 1, 2014
$
73,616

Net unrealized gains relating to assets held at end of year
(773
)
Purchases
319

Sales
(2,983
)
Ending balance at December 31, 2014
$
70,179

There were no transfers between fair value Levels during 2015 and 2014.
5. Related Party Transactions
As of December 31, 2015, the Plan owned approximately 2,485,737 shares of Anthem common stock with a fair value of $346,611,182. During 2015, the Plan had net sales of Anthem common stock totaling $1,751,050.
During 2015, the Plan reimbursed Anthem $19,114 for administrative expenses. This reimbursement is included in Administrative fees in the statement of changes in net assets available for benefits.
6. Income Tax Status
The Plan has received a determination letter from the IRS dated September 30, 2014, stating that the Plan is qualified under Section 401(a) of the Internal Revenue Code (the “Code”) and, therefore, the related trust is exempt from taxation under Section 501(a) of the Code. Subsequent to the issuance of the favorable determination letter, the Plan has been amended and restated. Once qualified, the Plan is required to operate in conformity with the Code to maintain its qualification. The Plan Sponsor believes the Plan is being operated in compliance with the applicable requirements of the Code and, therefore, believes that the Plan is qualified and the related trust is tax exempt.
GAAP requires Plan management to evaluate uncertain tax positions taken by the Plan. The financial statement effects of a tax position are recognized when the position is more likely than not, based on the technical merits, to be sustained upon examination by the IRS. The plan administrator has analyzed the tax positions taken by the Plan and has concluded that as of December 31, 2015 there are no uncertain positions taken or expected to be taken. The Plan has recognized no interest or penalties related to uncertain tax positions. The Plan is subject to routine audits by taxing jurisdictions;

13


Anthem 401(k) Plan
Notes to Financial Statements (continued)

however, there are currently no audits for any tax periods in progress. The Plan administrator believes it is no longer subject to income tax examinations for years prior to 2012.

14

Anthem 401(k) Plan
Schedule H, Line 4i—Schedule of Assets (Held at End of Year)
EIN #11-3713806 Plan #0003
December 31, 2015
(a)
 
(b)
 
(c)
 
(e)
 
 
Identity of issuer, borrower,
lessor, or similar party
 
Description of investment including maturity date,
interest rate, collateral and par or maturity value
 
Current
value
Shares of registered investment companies
 
 
*
 
The Vanguard Group Mutual Funds
 
 
 
 
 
 
Explorer Fund Admiral Shares
 
$
111,178,694

 
 
 
 
Extended Market Index Fund Inst'l Plus Shares
 
294,299,663

 
 
 
 
Inflation-Protected Securities Fund Admiral Shares
 
37,244,468

 
 
 
 
Institutional Index Fund Plus Shares
 
727,214,491

 
 
 
 
International Growth Fund Admiral Shares
 
10,663,101

 
 
 
 
PRIMECAP Fund Admiral Shares
 
377,434,372

 
 
 
 
Prime Money Market Fund Institutional Shares
 
471,218,033

 
 
 
 
Total Bond Market Index Fund Institutional Plus Shares
 
459,856,167

 
 
 
 
Total International Stock Index Fund Inst'l Plus Shares
 
394,241,092

 
 
 
 
Wellington Fund Admiral Shares
 
353,389,506

 
 
 
 
Windsor II Fund Admiral Shares
 
201,264,373

 
 
 
 
 
 
 
 
 
American Century Investments
 
 
 
 
 
 
 
 
One Choice 2025 Portfolio
 
206,530

 
 
 
 
One Choice 2040 Portfolio
 
85,100

 
 
 
 
One Choice 2020 Portfolio
 
69,110

 
 
 
 
One Choice 2035 Portfolio
 
48,380

 
 
 
 
One Choice In Retirement Portfolio
 
43,773

 
 
 
 
One Choice 2050 Portfolio
 
41,811

 
 
 
 
One Choice 2045 Portfolio
 
37,270

 
 
 
 
One Choice 2030 Portfolio
 
34,041

 
 
 
 
One Choice 2055 Portfolio
 
19,739

 
 
 
 
 
 
 
 
 
Prudential Financial
 
 
 
 
 
 
 
 
Jennison 20/20 Focus Fund
 
44,955

 
 
 
 
High Yield Fund
 
39,716

 
 
 
 
Jennison Natural Resources Fund
 
26,541

 
 
 
 
 
 
 
*
 
Artisan
 
Midcap Value Fund Institutional Shares
 
125,505,372

*
 
Touchstone Sands Capital
 
Select Growth Fund Institutional Shares
 
127,095,167

 
 
BlackRock
 
Global Allocation Fund
 
1,510,713

 
 
BlackRock
 
Equity Dividend Fund
 
69,745

 
 
Janus
 
Balance Fund
 
139,224

 
 
Janus
 
Overseas Fund
 
32,411

 
 
Fidelity Investments
 
Advisor Leveraged Company Stock Fund
 
80,932

 
 
Fidelity Investments
 
Advisor Small Cap Fund
 
65,856

 
 
PIMCO
 
Investment Grade Corporate Bond Fund
 
47,128

 
 
Putnam
 
U.S. Government Income Trust
 
40,379


15

 
 
Deutsche
 
Real Estate Securities Fund
 
$
37,471

 
 
Franklin Templeton
 
Mutual Global Discovery Fund
 
34,721

 
 
Oppenheimer
 
Gold & Special Minerals Fund
 
29,989

 
 
The Hartford
 
Capital Appreciation Fund
 
26,947

 
 
Alger
 
Capital Appreciation Institutional Fund
 
21,173

 
 
Victory Sycamore
 
Established Value Fund
 
17,123

 
 
Legg Mason
 
Global Opportunities Bond Fund
 
16,064

 
 
MainStay
 
ICAP International Fund
 
12,638

 
 
 
 
 
 
$
3,693,483,979

*
 
Vanguard Group Collective Trusts
 
 
 
 
 
 
Target Retirement Income Trust Plus
 
34,019,599

 
 
 
 
Target Retirement 2010 Trust Plus
 
9,319,779

 
 
 
 
Target Retirement 2015 Trust Plus
 
132,540,225

 
 
 
 
Target Retirement 2020 Trust Plus
 
79,383,861

 
 
 
 
Target Retirement 2025 Trust Plus
 
301,285,488

 
 
 
 
Target Retirement 2030 Trust Plus
 
64,135,576

 
 
 
 
Target Retirement 2035 Trust Plus
 
237,123,734

 
 
 
 
Target Retirement 2040 Trust Plus
 
47,919,929

 
 
 
 
Target Retirement 2045 Trust Plus
 
137,821,954

 
 
 
 
Target Retirement 2050 Trust Plus
 
28,580,086

 
 
 
 
Target Retirement 2055 Trust Plus
 
10,218,173

 
 
 
 
Target Retirement 2060 Trust Plus
 
2,769,747

 
 
Invesco
 
Stable Asset Fund
 
32,647

 
 
 
 
 
 
$
1,085,150,798

 
 
 
 
 
 
 
*
 
Anthem, Inc. common stock
 
 
 
346,611,182

 
 
 
 
 
 
 
 
 
Self-directed Brokerage Accounts
 
 
 
32,346,971

 
 
 
 
 
 
 
*
 
Notes receivable from participants
 
Interest rates range from 4.0% to 10.5%
 
163,313,523

 
 
 
 
 
 
 
 
 
American Mayflower Life Insurance Company
 
Individual life insurance cash surrender values
 
69,383

 
 
 
 
 
 
$
5,320,975,836

*Party in interest.
Note: As all investments are participant directed, column (d) is not applicable and has been eliminated.

16

SIGNATURES
The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, the Pension Committee of ATH Holding Company, LLC has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
ANTHEM 401(k) PLAN

 
 
 
 
By:
/s/ Jose Tomas
 
Jose Tomas
 
Chairman of the Pension Committee
of ATH Holding Company, LLC
 
 
Date: June 27, 2016


17

EXHIBIT INDEX
Exhibit Number
 
Description
23
 
Consent of Independent Registered Public Accounting Firm










18