​

(in thousands)

​

​

​

​

​

​

(c)

​

​

​

(a)

(b)

Description of investment

​

(e)

​

​

 Identity of Issue, Borrower, Lessor,

including maturity date, rate of interest,

​

Current

​

​

or Similar Party

collateral, par, or maturity Value

​

Value

​

​

​

​

​

​

​

​

Registered investment companies

​

​

​

​

​

Dodge & Cox Stock Fund

Mutual Fund

​

$158,070

​

​

Dodge & Cox Income Fund

Mutual Fund

​

96,219

​

​

American Funds EuroPacific Growth Fund

Mutual Fund

​

94,343

​

​

Vanguard Cash Reserves Federal Money Market Fund Admiral Shares

Money Market

​

89,218

​

​

Vanguard Federal Money Market Fund Investor Shares

Money Market

​

7

​

​

Total registered investment companies

​

​

437,857

​

​

​

​

​

​

​

​

Common/collective trusts

​

​

​

​

*

Spartan 500 Index Fund

Common/collective trusts

​

911,572

​

​

State Street Target Retirement 2040 Fund M

Common/collective trusts

​

373,096

​

​

State Street Target Retirement 2030 Fund M

Common/collective trusts

​

275,551

​

​

Harbor Capital Appreciation Fund

Common/collective trusts

​

240,699

​

*

Spartan Extended Market Index Fund

Common/collective trusts

​

212,163

​

​

State Street Target Retirement 2045 Fund M

Common/collective trusts

​

211,829

​

​

State Street Target Retirement 2035 Fund M

Common/collective trusts

​

210,153

​

​

State Street Target Retirement 2050 Fund M

Common/collective trusts

​

201,869

​

*

Spartan Global Ex US Index Fund

Common/collective trusts

​

149,079

​

​

State Street Target Retirement 2055 Fund M

Common/collective trusts

​

137,881

​

​

State Street Target Retirement 2025 Fund M

Common/collective trusts

​

110,800

​

*

Fidelity MIP II Class 3

Common/collective trusts

​

107,994

​

*

Fidelity US Bond Index Commingled Pool

Common/collective trusts

​

100,560

​

​

SMID Cap Research Equity (Series 1) Portfolio

Common/collective trusts

​

95,538

​

​

State Street Target Retirement 2060 Fund M

Common/collective trusts

​

86,296

​

​

State Street Target Retirement Income Fund M

Common/collective trusts

​

82,511

​

​

State Street Target Retirement 2065 Fund M

Common/collective trusts

​

26,427

​

​

Total common/collective trusts

​

​

3,534,018

​

​

​

​

​

​

​

*

Ecolab Inc. common stock

Common Stock

​

598,967

​

​

​

​

​

​

​

*

Cash and cash equivalents held by Ecolab* stock fund

Cash and cash equivalents

​

5,109

​

​

​

​

​

​

​

*

Notes receivable from participants

Participant notes due on various

​

​

​

​

​

dates through December 2040 (stated

​

​

​

​

​

interest rates ranging from 3.25% to 10.00%)

​

53,540

​

​

​

​

​

​

​

​

​

​

​

$4,629,491

​

​

(*) Party-in-interest

​

​

​

​

​

(d) Cost is omitted for participant-directed investments

​

​

​

​