| Investments | |||
| Name of Investment | Investment Manager | Type of Investment | Dollar Value |
| Blackrock Us Debt Index Fund Cl F | Blackrock Institutional Trust Company, N.A. | DFE: Common/Collective Trust | $389,324,468 |
| Blackrock Acwi Xus Index Fund | Blackrock Institutional Trust Company, N.A. | DFE: Common/Collective Trust | $358,549,258 |
| Lazard Emerg Mkts Eq Cl C | Lazard Asset Management | DFE: Common/Collective Trust | $291,331,604 |
| Sei Financial Management | Sei Trust Company | DFE: Common/Collective Trust | $109,898,140 |
| Investec Gdr Fund | Investec Asset Management | DFE: Common/Collective Trust | $25,000,000 |
| Capital Guardian Intl Equity | Capital Guardian Trust Company | DFE: Common/Collective Trust | $0 |
| Ssga Msci Eafe Fund | State Street Global Advisors | DFE: Common/Collective Trust | $0 |
| Ssga Bond Mkt Sl Ser A | State Street Global Advisors | DFE: Common/Collective Trust | $0 |
| Lazard Emerg Mkts Eq Cl B | Lazard Asset Management LLC | DFE: Common/Collective Trust | $0 |
| Dwight Target 2 Fund | Dwight Asset Management Company | DFE: Common/Collective Trust | $0 |
| Dwight Target 5 Fund | Dwight Asset Management Company | DFE: Common/Collective Trust | $0 |
| Dwight Intermediate Core Plus | Dwight Asset Management Company | DFE: Common/Collective Trust | $0 |
| Vanguard Employee Benefit Index Fun | Vanguard Fiduciary Trust Company | DFE: Common/Collective Trust | $0 |
| Total | $1,174,103,470 | ||
