# EDGAR Filing Document

**Accession Number:** 0000886982
**File Stem:** 0000886982-25-000012
**Filing Date:** 2025-6
**Character Count:** 233289
**Document Hash:** aa08cecd18e47f40d922aae0578d40e8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000886982-25-000012.hdr.sgml**: 20250612

**ACCESSION NUMBER**: 0000886982-25-000012

**CONFORMED SUBMISSION TYPE**: 11-K

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20241231

**FILED AS OF DATE**: 20250612

**DATE AS OF CHANGE**: 20250612

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GOLDMAN SACHS GROUP INC
- **CENTRAL INDEX KEY:** 0000886982
- **STANDARD INDUSTRIAL CLASSIFICATION:** SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 134019460
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 11-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-14965
- **FILM NUMBER:** 251043807

**BUSINESS ADDRESS:**
- **STREET 1:** 200 WEST STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10282
- **BUSINESS PHONE:** 212-902-1000

**MAIL ADDRESS:**
- **STREET 1:** 200 WEST STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10282

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GOLDMAN SACHS GROUP INC/
- **DATE OF NAME CHANGE:** 20010104

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

**Form 11-K**

☒ ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

**For the fiscal year ended December 31, 2024**

or

☐ TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______ to _______

Commission File Number: 001-14965

A.&nbsp;&nbsp;&nbsp;&nbsp;Full title of the plan and the address of the plan, if different from that of issuer named below:

**The Goldman Sachs 401(k) Plan**

B.&nbsp;&nbsp;&nbsp;&nbsp;Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

THE GOLDMAN SACHS GROUP, INC.

200 West Street

New York, NY 10282

------

THE GOLDMAN SACHS 401(k) PLAN

FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULES

---

| | | |
|:---|:---|:---|
| **INDEX** | | |
| | | **Page No.** |
| **[Report of Independent Registered Public Accounting Firm](#i1e50ff0ed682444cbd8e11ad50305584_7)** | **[Report of Independent Registered Public Accounting Firm](#i1e50ff0ed682444cbd8e11ad50305584_7)** | **[1](#i1e50ff0ed682444cbd8e11ad50305584_7)** |
| **[Financial Statements](#i1e50ff0ed682444cbd8e11ad50305584_13)** | **[Financial Statements](#i1e50ff0ed682444cbd8e11ad50305584_13)** | **[2](#i1e50ff0ed682444cbd8e11ad50305584_13)** |
| [Statements of Net Assets Available for Benefits](#i1e50ff0ed682444cbd8e11ad50305584_13) | [Statements of Net Assets Available for Benefits](#i1e50ff0ed682444cbd8e11ad50305584_13) | [2](#i1e50ff0ed682444cbd8e11ad50305584_13) |
| [Statements of Changes in Net Assets Available for Benefits](#i1e50ff0ed682444cbd8e11ad50305584_16) | [Statements of Changes in Net Assets Available for Benefits](#i1e50ff0ed682444cbd8e11ad50305584_16) | [3](#i1e50ff0ed682444cbd8e11ad50305584_16) |
| **[Notes to Financial Statements](#i1e50ff0ed682444cbd8e11ad50305584_19)** | **[Notes to Financial Statements](#i1e50ff0ed682444cbd8e11ad50305584_19)** | **[4](#i1e50ff0ed682444cbd8e11ad50305584_19)** |
| [Note 1.](#i1e50ff0ed682444cbd8e11ad50305584_19) | [Plan Description](#i1e50ff0ed682444cbd8e11ad50305584_19) | [4](#i1e50ff0ed682444cbd8e11ad50305584_19) |
| [Note 2.](#i1e50ff0ed682444cbd8e11ad50305584_22) | [Basis of Presentation](#i1e50ff0ed682444cbd8e11ad50305584_22) | [5](#i1e50ff0ed682444cbd8e11ad50305584_22) |
| [Note 3.](#i1e50ff0ed682444cbd8e11ad50305584_25) | [Significant Accounting Policies](#i1e50ff0ed682444cbd8e11ad50305584_25) | [6](#i1e50ff0ed682444cbd8e11ad50305584_25) |
| [Note 4.](#i1e50ff0ed682444cbd8e11ad50305584_28) | [F](#i1e50ff0ed682444cbd8e11ad50305584_28)air Value Measurements | [7](#i1e50ff0ed682444cbd8e11ad50305584_28) |
| [Note 5.](#i1e50ff0ed682444cbd8e11ad50305584_31) | [Investment Assets and Investment Liabilities](#i1e50ff0ed682444cbd8e11ad50305584_31) | [8](#i1e50ff0ed682444cbd8e11ad50305584_31) |
| [Note 6.](#i1e50ff0ed682444cbd8e11ad50305584_34) | [Related-Party and Party-In-Interest Transactions](#i1e50ff0ed682444cbd8e11ad50305584_34) | [9](#i1e50ff0ed682444cbd8e11ad50305584_34) |
| [Note 7](#i1e50ff0ed682444cbd8e11ad50305584_37) | [Plan Termination](#i1e50ff0ed682444cbd8e11ad50305584_37) | [9](#i1e50ff0ed682444cbd8e11ad50305584_37) |
| [Note 8.](#i1e50ff0ed682444cbd8e11ad50305584_40) | [Income Tax Status](#i1e50ff0ed682444cbd8e11ad50305584_40) | [9](#i1e50ff0ed682444cbd8e11ad50305584_40) |
| [Note 9.](#i1e50ff0ed682444cbd8e11ad50305584_43) | [Reconciliation of Financial Statements to the Form 5500](#i1e50ff0ed682444cbd8e11ad50305584_43) | [10](#i1e50ff0ed682444cbd8e11ad50305584_43) |
| [Note 10.](#i1e50ff0ed682444cbd8e11ad50305584_46) | [Financial Instruments with Off-Balance Sheet Risk](#i1e50ff0ed682444cbd8e11ad50305584_46) | [10](#i1e50ff0ed682444cbd8e11ad50305584_46) |
| [Note 11.](#i1e50ff0ed682444cbd8e11ad50305584_49) | [Subsequent Events](#i1e50ff0ed682444cbd8e11ad50305584_49) | [11](#i1e50ff0ed682444cbd8e11ad50305584_49) |
| **[Supplemental](#i1e50ff0ed682444cbd8e11ad50305584_52)[Schedules](#i1e50ff0ed682444cbd8e11ad50305584_52)[\*](#i1e50ff0ed682444cbd8e11ad50305584_52)** | **[Supplemental](#i1e50ff0ed682444cbd8e11ad50305584_52)[Schedules](#i1e50ff0ed682444cbd8e11ad50305584_52)[\*](#i1e50ff0ed682444cbd8e11ad50305584_52)** | **[12](#i1e50ff0ed682444cbd8e11ad50305584_52)** |
| [Schedule H, Line 4i – Schedule of Assets (Held at End of Year)](#i1e50ff0ed682444cbd8e11ad50305584_52) | [Schedule H, Line 4i – Schedule of Assets (Held at End of Year)](#i1e50ff0ed682444cbd8e11ad50305584_52) | [12](#i1e50ff0ed682444cbd8e11ad50305584_52) |
| [Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)](#i1e50ff0ed682444cbd8e11ad50305584_55) | [Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)](#i1e50ff0ed682444cbd8e11ad50305584_55) | [36](#i1e50ff0ed682444cbd8e11ad50305584_55) |
| [Schedule H, Line 4j – Schedule of Reportable Transactions](#i1e50ff0ed682444cbd8e11ad50305584_58) | [Schedule H, Line 4j – Schedule of Reportable Transactions](#i1e50ff0ed682444cbd8e11ad50305584_58) | [57](#i1e50ff0ed682444cbd8e11ad50305584_58) |

---

\*All other schedules required by 29 CFR §2520.103-10 of the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974, as amended, are not included because they are not applicable.

------

**Report of Independent Registered Public Accounting Firm**

To the Administrator and Plan Participants of The Goldman Sachs 401(k) Plan

***Opinion on the Financial Statements***

We have audited the accompanying statements of net assets available for benefits of The Goldman Sachs 401(k) Plan (the "Plan") as of December 31, 2024 and 2023 and the related statements of changes in net assets available for benefits for the years then ended including the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2024 and 2023, and the changes in net assets available for benefits for the years then ended in conformity with accounting principles generally accepted in the United States of America.

***Basis for Opinion***

These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on the Plan's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (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.

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing 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. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

***Supplemental Information***

The supplemental schedule of assets (held at end of year) as of December 31, 2024, schedule of assets (acquired and disposed of within year) for the year ended December 31, 2024 and schedule of reportable transactions for the year ended December 31, 2024 have been subjected to audit procedures performed in conjunction with the audit of the Plan's financial statements. The supplemental schedules are the responsibility of the Plan's management. Our audit procedures included determining whether the supplemental schedules reconcile 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 schedules. In forming our opinion on the supplemental schedules, we evaluated whether the supplemental schedules, including their form and content, are 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 supplemental schedules are fairly stated, in all material respects, in relation to the financial statements as a whole.

/s/ PricewaterhouseCoopers LLP

New York, New York

June 12, 2025

We have served as the Plan's auditor since at least 1983. We have not been able to determine the specific year we began serving as auditor of the Plan.

------

THE GOLDMAN SACHS 401(k) PLAN

**Statements of Net Assets Available for Benefits**

---

| | | |
|:---|:---|:---|
| | As of December | As of December |
| *$ in thousands* | **2024** | 2023 |
| **Assets** |  |  |
| Investment assets (at fair value) | $**12558192** | $11147098 |
| Receivables: |  |  |
| &nbsp;&nbsp;&nbsp;Employee contributions | **67** | 65 |
| &nbsp;&nbsp;&nbsp;Employer contributions | **200759** | 206873 |
| &nbsp;&nbsp;&nbsp;Notes receivable from participants | **31125** | 28726 |
| &nbsp;&nbsp;&nbsp;Interest and dividends | **13055** | 15133 |
| &nbsp;&nbsp;&nbsp;Due from brokers and other receivables | **4755** | 30744 |
| Total assets | **12807953** | 11428639 |
| **Liabilities** |  |  |
| Investment liabilities (at fair value) | **2** | 4319 |
| Due to brokers and other payables | **41841** | 97196 |
| Accrued expenses | **5167** | 4941 |
| Total liabilities | **47010** | 106456 |
| **Net assets available for benefits** | $**12760943** | $11322183 |

---

The accompanying notes are an integral part of these financial statements.

------

THE GOLDMAN SACHS 401(k) PLAN

**Statements of Changes in Net Assets Available for Benefits**

---

| | | |
|:---|:---|:---|
| | Year Ended December | Year Ended December |
| *$ in thousands* | **2024** | 2023 |
| **Additions** |  |  |
| Investment income: |  |  |
| &nbsp;&nbsp;&nbsp;Net appreciation in the fair value of investments | $**1687677** | $1612595 |
| &nbsp;&nbsp;&nbsp;Interest and dividends | **121689** | 118568 |
| &nbsp;&nbsp;&nbsp;Less: Investment management fees and other expenses | **(16117)** | (14915) |
| Total investment income | **1793249** | 1716248 |
| Interest income on notes receivable from participants | **2050** | 1552 |
| Contributions: |  |  |
| &nbsp;&nbsp;&nbsp;Employee | **393787** | 372102 |
| &nbsp;&nbsp;&nbsp;Employer | **200759** | 206873 |
| &nbsp;&nbsp;&nbsp;Assets transferred | **—** | 7980 |
| Total contributions | **594546** | 586955 |
| Total additions | **2389845** | 2304755 |
| **Deductions** |  |  |
| Benefits paid | **951085** | 613799 |
| Total deductions | **951085** | 613799 |
| Net increase in net assets available for benefits | **1438760** | 1690956 |
| Net assets available for benefits, beginning balance | **11322183** | 9631227 |
| **Net assets available for benefits, ending balance** | $**12760943** | $11322183 |

---

The accompanying notes are an integral part of these financial statements.

------

THE GOLDMAN SACHS 401(k) PLAN

**Notes to Financial Statements**

**Note 1.**

**Plan Description**

The following description of The Goldman Sachs 401(k) Plan (the Plan) is provided for general information purposes only. The Plan sponsor is The Goldman Sachs Group, Inc. (the firm). Participants should refer to the Plan document, as most recently amended and restated, for a more complete description of the Plan's provisions. Items referenced in italics are defined in the Plan document.

The Plan became effective on January 1, 1945 as the "Goldman Sachs Employees' Profit Sharing Retirement Income Plan" and is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (ERISA). Effective January 1, 2008, the Goldman Sachs Employees' Profit Sharing Retirement Income Plan was amended to incorporate a 401(k) safe harbor design and was renamed "The Goldman Sachs 401(k) Plan." The Plan has been subsequently amended for various reasons, including to reflect changes in law.

**General**

The Plan is a defined contribution plan to which participants may elect to make pre-tax, after-tax, and "Roth" after-tax, contributions each year from their *401(k) Compensation* (as determined under the Plan), and to which they can roll over amounts from certain other qualified retirement arrangements. Eligible participants have the option to convert existing eligible non-Roth Plan balances to a Roth 401(k) account in the Plan. The Plan's *Plan Year* is the 12-month period commencing on January 1 and ending on the following December 31.

The Plan offers a dollar-for-dollar *Matching Contribution* on participants' elective deferrals up to 6% of *Safe Harbor Compensation*, capped at a maximum match of $12,500. If an eligible participant's *Safe Harbor Compensation* is less than $125,000, the firm will also allocate to that eligible participant's account a *Fixed Contribution* equal to 2% of *Safe Harbor Compensation*. In addition to these contributions, the firm will allocate to each eligible participant an *Additional Retirement Contribution* of up to $4,000. Collectively, the *Matching Contribution*, *Fixed Contribution* and *Additional Retirement Contribution* are herein referred to as the *Firm Contributions*.

The Plan has two named fiduciaries, the *Retirement Committee* and the *Administrative Committee*. The *Retirement Committee* has the power to appoint one or more investment managers, as well as certain other duties relating to the investment of the funds held by the trustee. The *Administrative Committee* is responsible for administering the terms and provisions of the Plan. In general, each committee's members are employees of the firm or its affiliates, although in certain cases non-employees may serve on either committee. Callan LLC (Callan) is the *Retirement Committee's* investment adviser. Participants direct their contributions and the *Firm Contributions* into various investment options available from time to time under the Plan through the Goldman Sachs Profit Sharing Master Trust (the Master Trust). The Plan is the sole investor in the Master Trust. Participants' directed investments can be allocated to mutual funds, collective trusts, separately managed accounts and a bank deposit account. Alight Solutions is the Plan's record keeper.

The Plan offers participants the option to invest in the *Stock Fund*, which is a separately managed account and substantially all of its investments are shares of the firm's common stock. In accordance with a policy adopted by the *Retirement Committee,* no more than 20% of any contribution made on behalf of each participant can be invested in the *Stock Fund*. When a participant reallocates his or her total investment balance, he or she is limited to reallocating 20% of his or her total investment balance into the *Stock Fund*. In addition, participants are restricted from transferring into or out of the *Stock Fund* during certain periods in accordance with the firm's compliance procedures designed to avoid violations of applicable securities laws.

The Plan's investments are owned by the Master Trust, which is subject to a trust agreement (the Trust Agreement) with The Bank of New York Mellon Corporation (the Trustee).

Assets transferred into the Plan were $8 million during 2023, substantially all of which related to the firm's acquisition of NN Investment Partners.

------

THE GOLDMAN SACHS 401(k) PLAN

**Notes to Financial Statements**

**Eligibility**

Employees become eligible to make pre-tax, after-tax, and "Roth" after-tax, contributions to the Plan as of the first day of the month after they join the firm or its affiliates as eligible employees. In addition, employees become eligible for *Matching Contributions* and *Fixed Contributions* generally as of the first day of the month following hire date and attainment of age 21. In addition, to be eligible for the *Fixed Contribution*, the employee generally must be employed on the last day of the firm's fiscal year that ends with or within the *Plan Year*.

Generally, to be eligible for the *Additional Retirement Contribution*, employees must have been (i) active or on authorized leave of absence for no longer than two years as of November 26, 2004, (ii) age 46 or older as of November 26, 2004, and (iii) employed by the firm or its affiliates as of the last day of the current fiscal year.

**Vesting**

Participants are immediately fully vested in their own 401(k) contributions. A participant's *Matching Contributions, Fixed Contribution*s and *Additional Contributions* fully vest upon the earliest to occur of: (i) completion of a two-year period of service for the *Matching Contributions* and *Fixed Contribution*s or three-year period of service for the *Additional Contributions*, (ii) attainment of age 65 while employed by the firm or its affiliates, (iii) disability retirement, (iv) death while employed by the firm or on military duty or (v) Plan termination. There is no partial vesting of *Matching Contributions*, *Fixed Contributions* or *Additional Contributions*.

**Benefits**

Any benefits provided by the Plan are paid from net assets available for benefits. The benefit to which a Plan participant is entitled equals the amount that can be provided by the vested contributions and net earnings (or losses) thereon (including net realized and unrealized investment appreciation and depreciation) allocated to such participant's account. All or a portion of benefits can generally be distributed when an employee (i) leaves the firm or (ii) reaches age 59 ½.

**Notes Receivable from Participants**

A participant in the Plan is permitted to borrow between $1,000 and $50,000, reduced by (i) the highest outstanding balance of loans to such participant from the Plan during the one-year period ending on the day before the date on which such new loan is made, less (ii) the outstanding balance of loans to such participant from the Plan on the date of such new loan, subject to an overall cap of the lesser of (a) one-half of the participant's total vested account balance (including *Firm Contributions*) or (b) the balance in the participant's 401(k) and rollover contribution accounts. A participant may not borrow any amounts attributable to the *Firm Contributions*.

Interest on loans is fixed at the U.S. prime rate plus one percent for the life of the respective loan. Loans generally must be repaid within five years, or in some cases, ten years, with certain exceptions. Loans are repaid (principal and interest) and added back to participants' account balances generally through regular after-tax payroll deductions.

**Risks and Uncertainties**

Investments are exposed to various risks, such as interest rate, market, currency and credit risk. Due to the level of risk associated with certain investments and the level of uncertainty related to changes in the value of investments, it is possible that changes in risks in the near term could materially affect participants' account balances and the amounts reported in the statements of net assets available for benefits and the statements of changes in net assets available for benefits.

**Note 2.**

**Basis of Presentation**

These financial statements are prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP).

All references to 2024 and 2023 refer to the Plan's years ended, or the dates, as the context requires, December 31, 2024 and December 31, 2023, respectively.

------

THE GOLDMAN SACHS 401(k) PLAN

**Notes to Financial Statements**

**Note 3.**

**Significant Accounting Policies**

**Use of Estimates**

Preparation of these financial statements requires management to make certain estimates and assumptions, the most important of which relate to the fair value measurement of the Plan's investments. These estimates and assumptions are based on the best available information, but actual results could be materially different.

**Payment of Benefits**

Benefits are recorded when paid.

**Notes Receivable from Participants**

Participant loans are measured at their unpaid principal balance, plus any accrued but unpaid interest.

**Expenses**

Investment management fees charged by managers of mutual funds are borne by the Plan, and are included in net appreciation in the fair value of investments. Investment management fees charged by managers of collective trusts are borne by the Plan, and are included in net appreciation in the fair value of investments or investment management fees and other expenses based on the underlying trust agreements.

Investment management fees charged by managers of separately managed accounts are borne by the Plan, and are included in investment management fees and other expenses.

Other expenses borne by the Plan, unless paid by the firm, consist of custodial, administrative and investment advisory fees. Investment advisory fees are paid to Callan, which advises the *Retirement Committee* on the selection and oversight of Plan investments. These Plan expenses, unless paid by the firm, are included in investment management fees and other expenses.

**Investments**

The investments of the Plan are reported at fair value.

The Bank Deposit Option is a deposit obligation of Goldman Sachs Bank USA (GS Bank USA), a Federal Deposit Insurance Corporation (FDIC) insured New York State-chartered bank and a member of the Federal Reserve System. The Bank Deposit Option offers an FDIC-insured deposit with a floating rate coupon generally tied to the Federal Funds Rate.

Mutual funds and collective trust funds represent investments with various investment managers. Mutual funds are valued based on the quoted net asset value per share held. Collective trust funds are valued based on the net asset value per unit as reported by the investment managers.

Investments within separately managed accounts are described below:

Cash and cash equivalents include cash and certain short-term interest-bearing investments.

Securities purchased under agreements to resell (resale agreements) are transactions in which the Plan purchases financial instruments from a seller, typically in exchange for cash, and simultaneously enters into an agreement to resell the same or substantially the same financial instruments to the seller at a stated price plus accrued interest at a future date. Even though resale agreements involve the legal transfer of ownership of financial instruments, they are accounted for as financing arrangements because they require the financial instruments to be resold at the maturity of the agreement. The financial instruments purchased in resale agreements typically include U.S. government and federal agency obligations, investment-grade sovereign obligations, corporate debt instruments and equity securities. The Plan receives financial instruments purchased under resale agreements. To mitigate credit exposure, the investment managers monitor the market value of the resale agreements on a daily basis, and deliver or obtain additional collateral due to changes in the market value of the financial instruments, as appropriate. For resale agreements, the Plan typically requires collateral with a fair value approximately equal to the carrying value of the relevant assets in the statements of net assets available for benefits.

Fixed income securities, common and preferred stocks, real estate investment trusts, commodities, and interests in exchange-traded options and futures contracts traded in active markets are valued at closing prices on the last business day of each period presented. Securities traded in markets that are not considered active are valued based on broker or dealer quotations or alternative pricing sources with reasonable levels of price transparency. Securities that trade infrequently and therefore have little or no price transparency are valued using the investment managers' (or independent third parties on behalf of the investment managers) best estimate of fair value.

Mutual funds, as described above, may also be investments held within separately managed accounts.

------

THE GOLDMAN SACHS 401(k) PLAN

**Notes to Financial Statements**

Forward foreign currency contracts are valued at fair value, as determined by the investment managers (or independent third parties on behalf of the investment managers), using quoted forward foreign currency exchange rates. At the end of each period presented, open contracts are valued at the current forward foreign currency exchange rates and the change in market value is recorded as an unrealized gain or loss. When the contract is closed or delivery taken, the Plan records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Swap contracts are valued at fair value, as determined by the investment managers (or independent third parties on behalf of the investment managers) utilizing their proprietary models and taking into consideration exchange quotations on underlying instruments, dealer quotations and other market information.

See Note 10 for further information about derivatives.

Investments denominated in currencies other than the U.S. dollar are translated using exchange rates prevailing at the end of the periods presented. Purchases and sales of these investments are translated at the rate of exchange on the respective dates of such transactions.

Interest income and expense are recorded on an accrual basis. Dividend income is recorded on the ex-dividend date.

Purchases and sales of the investments within the Plan are reflected on a trade-date basis.

**Due from Brokers and Other Receivables and Due to Brokers and Other Payables**

Due from brokers and other receivables includes cash balances held with brokers, receivables from unsettled sales transactions, and collateral posted in connection with certain derivative transactions. Amounts due from brokers may be restricted to the extent that they serve as deposits for investment liabilities. Due to brokers and other payables includes payables from unsettled purchase transactions and collateral received in connection with certain derivative transactions. Certain of the Plan's securities held by the clearing brokers or prime brokers are pledged to the brokers on terms that permit them to repledge the securities to others, subject to certain limitations. Securities held at custodians under custody agreements cannot be repledged to others by the custodian.

**Note 4.**

**Fair Value Measurements**

The fair value of a financial instrument is the amount 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. Financial instruments are marked at closing prices. Fair value measurements do not include transaction costs.

The best evidence of fair value is a quoted price in an active market. If quoted prices in active markets are not available, fair value is determined by reference to prices for similar instruments, quoted prices or recent transactions in less active markets, or internally developed models that primarily use market-based or independently sourced inputs, including, but not limited to, interest rates, volatilities, equity or debt prices, foreign exchange rates, commodity prices, credit spreads and funding spreads (i.e., the spread or difference between the interest rate at which a borrower could finance a given financial instrument relative to a benchmark interest rate).

U.S. GAAP has a three-level hierarchy for disclosure of fair value measurements. This hierarchy prioritizes inputs to the valuation techniques used to measure fair value, giving the highest priority to level 1 inputs and the lowest priority to level 3 inputs. A financial instrument's level in this hierarchy is based on the lowest level of input that is significant to its fair value measurement. The fair value hierarchy is as follows:

**Level 1.** Inputs are unadjusted quoted prices in active markets to which the Plan had access at the measurement date for identical, unrestricted assets or liabilities.

**Level 2.** Inputs to valuation techniques are observable, either directly or indirectly.

**Level 3.** One or more inputs to valuation techniques are significant and unobservable.

The investment managers and custodian, on behalf of the Plan, use independent pricing sources to value Plan assets traded on exchanges and independent quoted prices or developed models for all assets not traded on exchanges. Investment managers review their valuation approaches on an ongoing basis and revise as necessary based on changing market conditions to ensure their valuations represent fair value. Subsequently, the Plan uses other methodologies to determine fair value (e.g., relevant broker quotations), which vary based on the type of instrument.

------

THE GOLDMAN SACHS 401(k) PLAN

**Notes to Financial Statements**

**Level 1 Investments**

Level 1 investments include bank deposit, mutual funds, collective trusts, and within separately managed accounts, cash and cash equivalents, certain fixed income securities, most common and preferred stocks, mutual funds and most real estate investment trusts. These instruments are valued using quoted prices for identical unrestricted instruments in active markets.

The Plan determines active markets for equity instruments based on the average daily trading volume both in absolute terms and relative to the market capitalization for the instrument. The Plan determines active markets for debt instruments based on both the average daily trading volume and the number of days with trading activity.

**Level 2 Investments**

Level 2 investments include resale agreements, most fixed income securities, certain real estate investment trusts, commodities and derivatives within separately managed accounts.

The valuation of level 2 investments can be verified to quoted prices, recent trading activity for identical or similar instruments, broker or dealer quotations or alternative pricing sources with reasonable levels of price transparency. Consideration is given to the nature of the quotations (e.g., indicative or executable) and the relationship of recent market activity to the prices provided from alternative pricing sources.

**Level 3 Investments**

Level 3 investments have one or more significant valuation inputs that are not observable. Absent evidence to the contrary, level 3 instruments are initially valued at transaction price, which is considered to be the best initial estimate of fair value. Subsequently, the Plan uses other methodologies to determine fair value, which vary based on the type of instrument and include relevant broker quotations. Valuation inputs and assumptions are changed when corroborated by substantive observable evidence, including values realized on sales of financial assets.

As of December 2024, the Plan had no level 3 investment assets. As of December 2023, the Plan's level 3 investment assets consisted of certain common stocks.

See Notes 3 and 5 for further information about investment assets and investment liabilities.

**Note 5.**

**Investment Assets and Investment Liabilities** 

**Fair Value of Investment Assets and Investment Liabilities by Level** 

The table below presents investment assets and investment liabilities of the Plan by level within the fair value hierarchy.

---

| | | | | |
|:---|:---|:---|:---|:---|
| *$ in thousands* | Level 1 | Level 2 | Level 3 | Total |
| **<u>As of December 2024</u>** |  |  |  |  |
| **Assets** |  |  |  |  |
| Bank deposit | $**268894** | $**—** | $**—** | $**268894** |
| Mutual funds | **1264164** | **—** | **—** | **1264164** |
| Collective trusts | **7842009** | **—** | **—** | **7842009** |
| Separately managed accounts: | Separately managed accounts: | Separately managed accounts: |  |  |
| &nbsp;&nbsp;&nbsp;Cash and cash equivalents | **410** | **—** | **—** | **410** |
| &nbsp;&nbsp;&nbsp;Resale agreements | **—** | **83200** | **—** | **83200** |
| &nbsp;&nbsp;&nbsp;Fixed income securities | **82565** | **121271** | **—** | **203836** |
| &nbsp;&nbsp;&nbsp;Common and preferred |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;stocks | **2468185** | **—** | **—** | **2468185** |
| &nbsp;&nbsp;&nbsp;Mutual funds | **105443** | **—** | **—** | **105443** |
| &nbsp;&nbsp;&nbsp;Real estate investment trusts | **289889** | **563** | **—** | **290452** |
| &nbsp;&nbsp;&nbsp;Commodities | **—** | **30895** | **—** | **30895** |
| &nbsp;&nbsp;&nbsp;Derivatives | **—** | **704** | **—** | **704** |
| **Total investment assets** | $**12321559** | $**236633** | $**—** | $**12558192** |
| **Liabilities** |  |  |  |  |
| Separately managed accounts: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Derivatives | $**—** | $**(2)** | $**—** | $**(2)** |
| **Total investment liabilities** | $**—** | $**(2)** | $**—** | $**(2)** |
| <u>As of December 2023</u> |  |  |  |  |
| **Assets** |  |  |  |  |
| Bank deposit | $285429 | $— | $— | $285429 |
| Mutual funds | 1374779 |  |  | 1374779 |
| Collective trusts | 6478586 |  |  | 6478586 |
| Separately managed accounts: | Separately managed accounts: | Separately managed accounts: |  |  |
| &nbsp;&nbsp;&nbsp;Cash and cash equivalents | 2408 |  |  | 2408 |
| &nbsp;&nbsp;&nbsp;Resale agreements |  | 139200 |  | 139200 |
| &nbsp;&nbsp;&nbsp;Fixed income securities | 111485 | 128650 |  | 240135 |
| &nbsp;&nbsp;&nbsp;Common and preferred |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;stocks | 2232114 |  | 289 | 2232403 |
| &nbsp;&nbsp;&nbsp;Mutual funds | 83421 |  |  | 83421 |
| &nbsp;&nbsp;&nbsp;Real estate investment trusts | 278708 | 547 |  | 279255 |
| &nbsp;&nbsp;&nbsp;Commodities |  | 24558 |  | 24558 |
| &nbsp;&nbsp;&nbsp;Derivatives |  | 6924 |  | 6924 |
| Total investment assets | $10846930 | $299879 | $289 | $11147098 |
| **Liabilities** |  |  |  |  |
| Separately managed accounts: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Derivatives | $— | $(4319) | $— | $(4319) |
| Total investment liabilities | $— | $(4319) | $— | $(4319) |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Notes to Financial Statements**

In the table above:

**•** Investment assets are shown as positive amounts and investment liabilities are shown as negative amounts.

**•** Mutual funds within separately managed accounts consist of money market funds, exchange-traded funds and investments in funds that primarily consist of fixed income securities.

**Level 3 Rollforward**

The table below presents the changes in fair value for level 3 investment assets.

---

| | | |
|:---|:---|:---|
| | Year Ended December | Year Ended December |
| *$ in thousands* | **2024** | 2023 |
| **Common and preferred stocks** |  |  |
| Beginning balance | $**289** | $763 |
| Net unrealized gains/(losses) | **(289)** |  |
| Sales | **—** | (474) |
| **Ending balance** | $**—** | $289 |

---

In the table above:

**•** Changes in fair value are presented for all investment assets that are classified in level 3 as of the end of the period.

**•** Net unrealized gains/(losses) relates to investment assets that were still held at period-end.

**•** For level 3 investment assets, increases are shown as positive amounts, while decreases are shown as negative amounts.

**Level 3 Rollforward Commentary**

**Year Ended December 2024.** There were no net realized gains/(losses) on level 3 investment assets for 2024. The net unrealized losses on level 3 investment assets of $0.3 million for 2024 were reported in net appreciation in the fair value of investments.

The drivers of net unrealized losses on level 3 investment assets for 2024 were not material.

There were no transfers into or out of level 3 investment assets during 2024.

**Year Ended December 2023.** There were no net realized or unrealized gains/(losses) on level 3 investment assets for 2023.

There were no transfers into or out of level 3 investment assets during 2023.

**Note 6.**

**Related-Party and Party-In-Interest Transactions**

The Plan offers the *Stock Fund* as an investment option, which has substantially all of its investments in the firm's common stock.The *Stock Fund* is managed by State Street Global Advisors. As of December 2024, the Plan's interest in the *Stock Fund* represented 501,941 shares of the firm's common stock with a fair market value of $287.4 million. As of December 2023, the Plan's interest in the *Stock Fund* represented 532,692 shares of the firm's common stock with a fair market value of $205.5 million. Purchases of $8.8 million and sales of $8.6 million of the firm's common stock were made through the *Stock Fund* during 2024. Purchases of $15.8 million and sales of $8.6 million of the firm's common stock were made through the *Stock Fund* during 2023.

Beginning in 2024, Goldman Sachs Asset Management, L.P., an affiliate of the firm, manages a laddered fixed income separately managed account investment option in the Plan. As of December 2023, this investment was managed by GSAM Stable Value, LLC, an affiliate of the firm, which was merged into Goldman Sachs Asset Management, L.P. in April 2024. No fees were paid during both 2024 and 2023, or were payable by the Plan to affiliates to manage this separately managed account as of both December 2024 and December 2023.

GS Bank USA, an affiliate of the firm, has a deposit obligation to the Plan under the Plan's Bank Deposit Option. No fees were paid during both 2024 and 2023, or were payable by the Plan to GS Bank USA as of both December 2024 and December 2023, for this bank deposit obligation.

**Note 7.**

**Plan Termination**

The firm intends to continue the Plan indefinitely, but reserves the right to discontinue or amend the Plan at any time, subject to the provisions of ERISA. In the event of discontinuance, affected participants will become fully vested in the *Firm Contributions* and the related investment income as required by ERISA.

**Note 8.**

**Income Tax Status**

The Internal Revenue Service has determined, and informed the firm by a letter dated April 14, 2017, that the terms of the Plan conform to the requirements of section 401(a) of the Internal Revenue Code of 1986, as amended.

------

THE GOLDMAN SACHS 401(k) PLAN

**Notes to Financial Statements**

**Note 9.**

**Reconciliation of Financial Statements to the Form 5500**

The tables below present the reconciliations from the Plan's financial statements to the Form 5500.

---

| | | |
|:---|:---|:---|
| | As of December | As of December |
| *$ in thousands* | **2024** | 2023 |
| Net assets available for benefits, per statements |  |  |
| &nbsp;&nbsp;&nbsp;of net assets available for benefits | $**12760943** | $11322183 |
| Amounts allocated to withdrawing participants | **(2806)** | (48158) |
| **Net assets, per the Form 5500** | $**12758137** | $11274025 |
|  | As of December | As of December |
| *$ in thousands* | **2024** | 2023 |
| Benefits paid, per statements of changes in |  |  |
| &nbsp;&nbsp;&nbsp;net assets available for benefits | $**951085** | $613799 |
| Amounts allocated to withdrawing participants, |  |  |
| &nbsp;&nbsp;&nbsp;ending balance | **2806** | 48158 |
| Amounts allocated to withdrawing participants, |  |  |
| &nbsp;&nbsp;&nbsp;beginning balance | **(48158)** | (20383) |
| **Benefits paid to participants and certain** |  |  |
| &nbsp;&nbsp;**deemed distributions of participant loans,** |  |  |
| &nbsp;&nbsp;**per the Form 5500** | $**905733** | $641574 |

---

Amounts allocated to withdrawing participants are recorded on the Form 5500 for benefit claims that have been processed and approved for payment prior to both December 2024 and December 2023, but had not yet been paid as of that date.

**Note 10.**

**Financial Instruments with Off-Balance Sheet Risk** 

In accordance with the investment strategy of the separately managed accounts, the Plan's investment managers execute transactions in various financial instruments that may give rise to varying degrees of off-balance sheet market and credit risk, including investment liabilities. These investment liabilities involve obligations to deliver specified securities at contracted prices and thereby create a liability to purchase the securities at prevailing future market prices. Accordingly, these transactions result in off-balance sheet risk as the Plan's ultimate obligation to satisfy the sale of investment liabilities may exceed the amount recognized in the financial statements.

Derivatives are instruments that derive their value from underlying asset prices, indices, reference rates and other inputs, or a combination of these factors. Derivatives may be traded on an exchange (exchange-traded) or they may be privately negotiated contracts, which are usually referred to as over-the-counter (OTC) derivatives.

The Plan enters into various types of derivatives, including:

**• Futures and Forwards.** Contracts that commit counterparties to purchase or sell financial instruments, commodities or currencies in the future.

**• Swaps.** Contracts that require counterparties to exchange cash flows, such as currency or interest payment streams. The amounts exchanged are based on the specific terms of the contract with reference to specified rates, financial instruments, commodities, currencies or indices.

**• Options.** Contracts in which the option purchaser has the right, but not the obligation, to purchase from or sell to the option writer financial instruments, commodities or currencies within a defined time period for a specified price.

As a writer of option contracts, the Plan receives a premium to become obligated to buy or sell financial instruments for a period of time at the holder's option. During this period, the Plan bears the risk of an unfavorable change in the market value of the financial instrument underlying the option, but has no credit risk, as the counterparty has no performance obligation to the Plan once it has paid its cash premium.

Derivatives are recorded on a gross basis in the statements of net assets available for benefits and are accounted for at fair value.

**Risk Management**

Market risk includes risk that arises from the potential for changes in value of financial instruments resulting from fluctuations in interest and foreign exchange rates, in prices of commodities, and in prices of debt and equity securities. In many cases, these financial instruments serve to reduce, rather than increase, the Plan's exposure to losses from market or other risks. In addition, the measurement of market risk is meaningful only when all related and offsetting transactions are identified. The investment managers may limit the Plan's market risk by holding or purchasing offsetting positions.

The Plan is subject to credit risk of counterparty nonperformance on derivative assets, except for written options, which obligate the Plan to perform and do not give rise to any counterparty credit risk.

------

THE GOLDMAN SACHS 401(k) PLAN

**Notes to Financial Statements**

The tables below present information about derivative contracts by major product type.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | Fair Value as of December | Fair Value as of December | Fair Value as of December | Fair Value as of December |
| | **2024** | **2024** | 2023 | 2023 |
| *$ in thousands* | **Derivative<br>Assets** | **Derivative<br>Liabilities** | Derivative<br>Assets | Derivative<br>Liabilities |
| Interest rates | $**68** | $**—** | $6038 | $3549 |
| Credit | **—** | **—** | 321 | 59 |
| Currencies | **—** | **—** | 218 | 687 |
| Commodities | **292** | **2** | 347 | 24 |
| Equities | **344** | **—** |  |  |
| **Total gross fair value** | $**704** | $**2** | $6924 | $4319 |
| **Not offset in the statements of net assets available for benefits** | **Not offset in the statements of net assets available for benefits** | **Not offset in the statements of net assets available for benefits** | **Not offset in the statements of net assets available for benefits** | **Not offset in the statements of net assets available for benefits** |
| Counterparty netting | $**(2)** | $**(2)** | $(4001) | $(4001) |
| Cash collateral netting | **(702)** | **—** | (2923) | (318) |
| **Total** | $**—** | $**—** | $— | $— |

---

---

| | | |
|:---|:---|:---|
| | Notional Amounts as of December | Notional Amounts as of December |
| *$ in thousands* | **2024** | 2023 |
| Interest rates | $**85638** | $559716 |
| Credit | **—** | 54575 |
| Currencies | **—** | 3200 |
| Commodities | **117891** | 235526 |
| Equities | **128447** | 12800 |
| **Total** | $**331976** | $865817 |

---

In the tables above:

**•** The amount of derivative assets and liabilities reported on the statements of net assets available for benefits is the gross fair value and excludes the impact of any legally enforceable master netting agreements and cash collateral held by the Plan.

**•** Notional amounts, which represent the sum of gross long and short derivative contracts, provide an indication of the volume of the Plan's derivative activity and do not represent anticipated losses.

The table below presents the net appreciation/(depreciation) in the fair value of derivatives (including gains and losses on derivatives bought and sold, as well as held during the year) by major product type.

---

| | | |
|:---|:---|:---|
| | Year Ended December | Year Ended December |
| *$ in thousands* | **2024** | 2023 |
| Interest rates | $**(1683)** | $1738 |
| Credit | **65** | 41 |
| Currencies | **480** | 44 |
| Commodities | **(1274)** | (9003) |
| Equities | **(1327)** | 214 |
| **Total** | $**(3739)** | $(6966) |

---

**Credit Derivatives**

The Plan's investment managers enter into various credit derivative transactions.

The Plan enters into credit default swaps. Single-name credit default swaps protect the buyer against the loss of principal on one or more bonds, loans or mortgages (reference obligations) in the event the issuer of the reference obligations suffers a credit event. The buyer of protection pays an initial or periodic premium to the seller and receives protection for the period of the contract. If there is no credit event, as defined in the contract, the seller of protection makes no payments to the buyer. If a credit event occurs, the seller of protection is required to make a payment to the buyer, calculated according to the terms of the contract.

The Plan had no written credit derivative transactions and all of the Plan's purchased credit derivative transactions are with financial institutions and are subject to stringent collateral thresholds. These amounts were not material as of December 2024 and December 2023.

**Note 11.**

**Subsequent Events**

The Plan has evaluated subsequent events through June 12, 2025, the date the financial statements were issued, and determined that there were no material events or transactions that would require recognition or additional disclosure in these financial statements.

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| **Bank Deposit** | | |
| \*GOLDMAN SACHS BANK USA BANK DEPOSIT ACCOUNT | **268894490** | $**268894490** |
| **Total Bank Deposit** |  | $**268894490** |
| **Mutual Funds** |  |  |
| AMERICAN FUNDS AMERICAN HIGH-INCOME TRUST | **21353141** | $**208406652** |
| DODGE & COX INTERNATIONAL STOCK FUND | **1515254** | **75611196** |
| RBC EMERGING MARKETS EQUITY FUND | **5440513** | **71325122** |
| SSGA HEDGED INTERNATIONAL DEVELOPED EQUITY INDEX FUND | **1112534** | **134149291** |
| VANGUARD CASH RESERVES FEDERAL MONEY MARKET | **676785052** | **676785052** |
| VANGUARD INFLATION-PROTECTED SECURITIES FUND | **10674706** | **97887054** |
| **Total Mutual Funds** |  | $**1264164367** |
| **Collective Trusts** |  |  |
| BLACKROCK 20+ YR TREASURY BOND INDEX FUND | **1861019** | $**68705854** |
| BLACKROCK EQUITY GROWTH INDEX FUND | **7406051** | **609179568** |
| BLACKROCK EQUITY VALUE INDEX FUND | **6377678** | **411153564** |
| BLACKROCK LIFEPATH® 2030 INDEX NON-LENDABLE FUND | **5236956** | **203754252** |
| BLACKROCK LIFEPATH® 2035 INDEX NON-LENDABLE FUND | **6480366** | **284571033** |
| BLACKROCK LIFEPATH® 2040 INDEX NON-LENDABLE FUND | **7293025** | **356881241** |
| BLACKROCK LIFEPATH® 2045 INDEX NON-LENDABLE FUND | **9240460** | **496747703** |
| BLACKROCK LIFEPATH® 2050 INDEX NON-LENDABLE FUND | **8010647** | **459969763** |
| BLACKROCK LIFEPATH® 2055 INDEX NON-LENDABLE FUND | **12096622** | **506842420** |
| BLACKROCK LIFEPATH® 2060 INDEX NON-LENDABLE FUND | **9351315** | **223085904** |
| BLACKROCK LIFEPATH® 2065 INDEX NON-LENDABLE FUND | **416913** | **7087396** |
| BLACKROCK LIFEPATH® RETIREMENT INDEX NON-LENDABLE FUND | **7805390** | **207123057** |
| BLACKROCK MSCI EAFE EQUITY INDEX NON-LENDABLE FUND | **3307647** | **113421532** |
| FIDELITY INSTITUTIONAL ASSET MANAGEMENT CORE PLUS | **5345649** | **122415364** |
| SSGA EMERGING MARKETS INDEX NON-LENDING SERIES FUND | **4271204** | **155719550** |
| SSGA RUSSELL 2000® INDEX NON-LENDING SERIES FUND | **7100559** | **334486033** |
| SSGA S&P 500® INDEX NON-LENDING SERIES FUND | **50414806** | **2850856873** |
| SSGA S&P MIDCAP® INDEX NON-LENDING SERIES FUND | **5370678** | **355044784** |
| SSGA U.S. BOND INDEX NON-LENDING SERIES FUND | **6666943** | **74963112** |
| **Total Collective Trusts** |  | $**7842009003** |
| **Separately Managed Accounts** |  |  |
| **Cash and Cash Equivalents** |  |  |
| ARS (ARGENTINE PESO) | **12560** | $**12** |
| AUD (AUSTRALIAN DOLLARS) | **5000** | **3096** |
| CAD (CANADIAN DOLLARS) | **11851** | **8240** |
| CHF (SWISS FRANC) | **4228** | **4666** |
| DKK (DANISH KRONE) | **15** | **2** |
| EUR (EURO) | **335691** | **347608** |
| GBP (GREAT BRITISH POUNDS) | **59506** | **43031** |
| HKD (HONG KONG DOLLARS) | **66** | **9** |
| HUF (HUNGARIAN FORINT) | **277145** | **698** |
| JPY (JAPANESE YEN) | **66** | **—** |
| KRW (SOUTH KOREAN WON) | **2684090** | **1823** |
| PHP (PHILIPPINES PESO) | **676** | **12** |
| SEK (SWEDISH KRONA) | **77** | **7** |
| SGD (SINGAPORE DOLLARS) | **561** | **411** |
| **Total Cash and Cash Equivalents** |  | $**409615** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| **Securities Purchased Under Agreements to Resell** | | |
| J P MORGAN CHASE REV REPO 4.550% 01/03/25 DD 01/02/25 | **38700000** | $**38700000** |
| J P MORGAN CHASE REV REPO 4.700% 01/02/25 DD 12/31/24 | **38100000** | **38100000** |
| J P MORGAN CHASE REV REPO 4.580% 01/02/25 DD 12/31/24 | **6400000** | **6400000** |
| **Total Securities Purchased Under Agreements to Resell** |  | $**83200000** |
| **Fixed Income Securities** |  |  |
| 1988 CLO 5 LTD 5A A1 144A VAR RT 07/15/37 DD 06/27/24 | **450000** | $**450000** |
| 7-ELEVEN INC 144A 0.950% 02/10/26 DD 02/10/21 | **125000** | **119541** |
| ABBVIE INC 2.950% 11/21/26 DD 05/21/20 | **750000** | **728547** |
| ABBVIE INC 4.800% 03/15/27 DD 02/26/24 | **2135000** | **2147414** |
| AIR LEASE CORP 1.875% 08/15/26 DD 05/24/21 | **550000** | **524233** |
| AMERICAN EXPRESS CO VAR RT 05/01/26 DD 05/01/23 | **760000** | **760202** |
| AMERICAN EXPRESS CO VAR RT 07/26/28 DD 07/26/24 | **600000** | **603078** |
| AMERICAN EXPRESS CREDIT AC 1 A 4.870% 05/15/28 DD 06/14/23 | **500000** | **502636** |
| AMERICAN EXPRESS CREDIT AC 3 A 4.650% 07/15/29 DD 07/23/24 | **500000** | **500984** |
| AMERICAN HONDA FINANCE CORP VAR RT 02/12/25 DD 01/17/24 | **600000** | **600183** |
| AMGEN INC 2.600% 08/19/26 DD 08/19/16 | **700000** | **676992** |
| AMORTIZING RESIDENTIAL CO 1 A5 VAR RT 10/25/34 DD 09/25/04 | **127149** | **125829** |
| AVANGRID INC 3.200% 04/15/25 DD 04/09/20 | **275000** | **273614** |
| AVOLON HOLDINGS FUNDING L 144A 2.875% 02/15/25 DD 01/14/20 | **350000** | **348851** |
| BA CREDIT CARD TRUST A1 A1 3.530% 11/15/27 DD 06/16/22 | **825000** | **821207** |
| BA CREDIT CARD TRUST A1 A1 4.790% 05/15/28 DD 06/16/23 | **500000** | **502187** |
| BAIN CAPITAL CREDIT 3A A1 144A VAR RT 07/16/37 DD 06/27/24 | **1200000** | **1200000** |
| BANK OF AMERICA CORP VAR RT 01/20/27 DD 01/20/23 | **2190000** | **2196244** |
| BANK OF AMERICA CORP VAR RT 04/02/26 DD 03/22/22 | **1200000** | **1203165** |
| BANK OF AMERICA CORP VAR RT 09/15/27 DD 09/15/23 | **300000** | **305404** |
| BANK OF MONTREAL VAR RT 01/22/27 DD 01/22/21 | **1030000** | **989196** |
| BANK OF MONTREAL VAR RT 09/10/27 DD 09/10/24 | **100000** | **100394** |
| BANK OF NOVA SCOTIA/THE 4.750% 02/02/26 DD 02/02/23 | **1625000** | **1625382** |
| BANK OF NOVA SCOTIA/THE 5.400% 06/04/27 DD 06/04/24 | **500000** | **507943** |
| BANK5 2024-5YR11 5YR11 A3 5.893% 11/15/57 DD 11/01/24 | **350000** | **360023** |
| BARCLAYS DRYROCK ISSUANCE 1 A 4.720% 02/15/29 DD 04/25/23 | **700000** | **701878** |
| BARCLAYS PLC VAR RT 03/12/28 DD 03/12/24 | **200000** | **202482** |
| BARCLAYS PLC VAR RT 05/09/27 DD 05/09/23 | **1235000** | **1248265** |
| BARCLAYS PLC VAR RT 09/13/27 DD 09/13/23 | **200000** | **204824** |
| BAT CAPITAL CORP 3.557% 08/15/27 DD 08/15/18 | **1337000** | **1293537** |
| BENCHMARK 2021-B28 MORTGAGE TRUST B28 ASB 1.980% 08/15/54 DD 08/01/21 | **300000** | **266677** |
| BERKSHIRE HATHAWAY ENERGY CO 4.050% 04/15/25 DD 10/15/20 | **250000** | **249572** |
| BMW VEHICLE OWNER TRUST A A2A 5.720% 04/27/26 DD 07/18/23 | **30457** | **30497** |
| BNP PARIBAS SA 144A VAR RT 06/09/26 DD 06/09/20 | **200000** | **197415** |
| BOEING CO/THE 2.750% 02/01/26 DD 11/02/20 | **490000** | **477976** |
| BRIDGECREST LENDING AUTO 1 A2 5.820% 09/15/26 DD 01/24/24 | **29429** | **29438** |
| BROADCOM INC 5.050% 07/12/27 DD 07/12/24 | **1670000** | **1685284** |
| BX TRUST 2021-BXMF BXMF A 144A VAR RT 10/15/26 DD 11/08/21 | **323210** | **321796** |
| CANADIAN IMPERIAL BANK OF COMMERCE 5.615% 07/17/26 DD 07/17/23 | **780000** | **789837** |
| CANADIAN NATURAL RESOURCES LTD 2.050% 07/15/25 DD 06/24/20 | **300000** | **295499** |
| CARDINAL HEALTH INC 4.700% 11/15/26 DD 11/22/24 | **1438000** | **1435133** |
| CARMAX AUTO OWNER TRUST 1 A2A 5.300% 03/15/27 DD 01/24/24 | **439817** | **440996** |
| CARMAX AUTO OWNER TRUST 2 2 A3 3.490% 02/16/27 DD 04/28/22 | **331086** | **329790** |
| CARMAX AUTO OWNER TRUST 2 4 A3 5.340% 08/16/27 DD 10/31/22 | **456041** | **458313** |
| CARMAX AUTO OWNER TRUST 3 A2A 5.210% 09/15/27 DD 07/30/24 | **500000** | **502419** |
| CARVAL CLO XI C LTD 3A A1 144A VAR RT 10/20/37 DD 09/25/24 | **1000000** | **1000000** |
| CARVANA AUTO RECEIVABLES P2 A2 5.630% 11/10/27 DD 06/12/24 | **372146** | **373902** |
| CARVANA AUTO RECEIVABLES P2 A4 0.800% 01/10/27 DD 06/24/21 | **328507** | **323202** |
| CATERPILLAR FINANCIAL SERVICES 4.800% 01/06/26 DD 01/06/23 | **910000** | **912517** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| CENTERPOINT ENERGY INC 5.250% 08/10/26 DD 08/10/23 | **550000** | **554282** |
| CHARTER COMMUNICATIONS OPERATION 4.908% 07/23/25 DD 07/23/16 | **202000** | **201764** |
| CHASE AUTO OWNER TRUST 1A A2 144A 5.480% 04/26/27 DD 03/27/24 | **398393** | **399795** |
| CHASE MORTGAGE FINANCE A1 1A1 VAR RT 02/25/37 DD 02/01/07 | **12334** | **12127** |
| CITIBANK NA 4.929% 08/06/26 DD 08/06/24 | **300000** | **301412** |
| CITIBANK NA 5.438% 04/30/26 DD 04/30/24 | **400000** | **403641** |
| CITIBANK NA 5.488% 12/04/26 DD 12/04/23 | **250000** | **253690** |
| CITIBANK NA VAR RT 11/19/27 DD 11/19/24 | **860000** | **860701** |
| CITIGROUP INC VAR RT 06/09/27 DD 06/09/21 | **895000** | **852140** |
| CITIZENS BANK NA/PROVIDENCE RI 2.250% 04/28/25 DD 04/30/20 | **425000** | **421496** |
| CONSTELLATION BRANDS INC 4.750% 12/01/25 DD 12/04/15 | **936000** | **935947** |
| CVS HEALTH CORP 5.000% 02/20/26 DD 02/21/23 | **760000** | **759300** |
| DELL INTERNATIONAL LLC / EMC C 6.020% 06/15/26 DD 06/15/21 | **392000** | **397657** |
| DEUTSCHE BANK AG/NEW YORK NY 4.162% 05/13/25 DD 05/13/22 | **285000** | **284190** |
| DIAMONDBACK ENERGY INC 5.200% 04/18/27 DD 04/18/24 | **825000** | **833058** |
| DISCOVER CARD EXECUTION NOTE A4 A 5.030% 10/15/27 DD 11/28/22 | **200000** | **201019** |
| DRIVE AUTO RECEIVABLES TRUST 1 A2 5.830% 12/15/26 DD 02/21/24 | **122526** | **122661** |
| DTE ENERGY CO 1.050% 06/01/25 DD 08/06/20 | **225000** | **221529** |
| ECMC GROUP STUDENT LOAN 2A A 144A VAR RT 09/25/68 DD 10/10/18 | **375998** | **371208** |
| ELP COMMERCIAL MORTGAGE ELP A 144A VAR RT 11/15/38 DD 11/17/21 | **399535** | **399285** |
| EQUITABLE FINANCIAL LIFE 144A 1.400% 07/07/25 DD 07/07/20 | **250000** | **245900** |
| EXETER AUTOMOBILE RECEIVABLES 1A A2 5.530% 10/15/26 DD 01/31/24 | **91601** | **91655** |
| EXETER AUTOMOBILE RECEIVABLES 1A A3 5.310% 08/16/27 DD 01/31/24 | **500000** | **501136** |
| EXETER AUTOMOBILE RECEIVABLES 2A A2 5.700% 05/15/26 DD 04/05/24 | **120267** | **120319** |
| EXETER AUTOMOBILE RECEIVABLES 2A A3 5.630% 10/15/26 DD 04/05/24 | **250000** | **250264** |
| EXETER AUTOMOBILE RECEIVABLES 3A A3 5.650% 12/15/27 DD 05/28/24 | **500000** | **503429** |
| EXETER AUTOMOBILE RECEIVABLES 5A A3 6.320% 03/15/27 DD 11/15/23 | **349724** | **350626** |
| FHLMC MULTICLASS MTG 3179 FP VAR RT 07/15/36 DD 07/15/06 | **3030** | **2990** |
| FHLMC MULTICLASS MTG 4594 PA 3.000% 11/15/44 DD 06/01/16 | **111442** | **105260** |
| FHLMC MULTICLASS MTG 4604 HA 2.500% 05/15/45 DD 08/01/16 | **112002** | **101252** |
| FHLMC MULTICLASS MTG 4709 EA 3.000% 01/15/46 DD 08/01/17 | **124021** | **117389** |
| FHLMC MULTICLASS MTG 4718 DA 3.000% 02/15/47 DD 09/01/17 | **106254** | **96544** |
| FHLMC MULTICLASS MTG 4839 A 4.000% 04/15/51 DD 10/01/18 | **2583906** | **2450918** |
| FHLMC MULTICLASS MTG 4874 AT 3.000% 09/15/48 DD 03/01/19 | **117919** | **101871** |
| FHLMC MULTICLASS MTG 5473 FA VAR RT 11/25/54 DD 10/25/24 | **472525** | **468385** |
| FHLMC MULTICLASS MTG 5495 AF VAR RT 01/25/55 DD 12/25/24 | **100000** | **100000** |
| FHLMC MULTICLASS STRIP 278 F1 VAR RT 09/15/42 DD 09/15/12 | **35619** | **35025** |
| FHLMC POOL #SD-8475 5.500% 10/01/54 DD 10/01/24 | **2471892** | **2439524** |
| FIFTH THIRD AUTO TRUST 2 1 A2A 5.800% 11/16/26 DD 08/23/23 | **100343** | **100545** |
| FIRSTENERGY CORP 2.050% 03/01/25 DD 02/20/20 | **175000** | **173848** |
| FLORIDA POWER & LIGHT CO 2.850% 04/01/25 DD 03/27/20 | **175000** | **174161** |
| FNMA GTD REMIC P/T 06-30 KF VAR RT 05/25/36 DD 04/25/06 | **11673** | **11529** |
| FNMA GTD REMIC P/T 15-92 PA 2.500% 12/25/41 DD 11/01/15 | **39475** | **35750** |
| FNMA GTD REMIC P/T 18-27 WF VAR RT 05/25/58 DD 04/01/18 | **376550** | **367599** |
| FNMA GTD REMIC P/T 24-104 FA VAR RT 01/25/55 DD 12/25/24 | **100000** | **99938** |
| FNMA POOL #0555678 5.000% 08/01/33 DD 07/01/03 | **247511** | **245983** |
| FNMA POOL #0735676 5.000% 07/01/35 DD 06/01/05 | **82081** | **81382** |
| FNMA POOL #0AB0130 5.000% 05/01/38 DD 05/01/09 | **25301** | **25107** |
| FNMA POOL #0AL1674 VAR RT 05/01/42 DD 05/01/12 | **11141** | **11445** |
| FNMA POOL #0AL5548 VAR RT 05/01/38 DD 07/01/14 | **23294** | **24170** |
| FNMA POOL #0BM2007 4.000% 09/01/48 DD 08/01/18 | **112060** | **103881** |
| FNMA POOL #0BN5342 4.000% 03/01/49 DD 03/01/19 | **148007** | **137067** |
| FORD CREDIT AUTO LEASE TRUST A A2A 5.240% 07/15/26 DD 01/22/24 | **564423** | **565362** |
| FORD CREDIT AUTO LEASE TRUST B A2B VAR RT 02/15/27 DD 07/23/24 | **769936** | **770378** |
| FORD MOTOR CREDIT CO LLC 5.850% 05/17/27 DD 05/17/24 | **425000** | **429451** |
| GE HEALTHCARE TECHNOLOGIES INC 5.650% 11/15/27 DD 05/15/23 | **800000** | **819435** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| GENERAL MOTORS FINANCIAL CO INC 3.800% 04/07/25 DD 04/07/22 | **725000** | **722714** |
| GEORGIA POWER CO VAR RT 05/08/25 DD 11/08/23 | **700000** | **701505** |
| GLENCORE FUNDING LLC 144A 1.625% 09/01/25 DD 09/01/20 | **325000** | **318035** |
| GM FINANCIAL CONSUMER AUTOMOBILE 1 A2A 5.120% 02/16/27 DD 01/17/24 | **294019** | **294633** |
| GM FINANCIAL CONSUMER AUTOMOBILE 3 A2A 5.740% 09/16/26 DD 07/19/23 | **76093** | **76243** |
| GNMA GTD REMIC P/T 16-H20 FG VAR RT 08/20/66 DD 09/20/16 | **2688** | **2691** |
| GNMA GTD REMIC P/T 17-H05 FC VAR RT 02/20/67 DD 02/20/17 | **645070** | **644281** |
| GNMA GTD REMIC P/T 18-H15 FG VAR RT 08/20/68 DD 09/20/18 | **42341** | **42195** |
| GNMA GTD REMIC P/T 24-H04 FA VAR RT 02/20/74 DD 03/20/24 | **583900** | **583222** |
| GNMA GTD REMIC P/T 24-H07 FC VAR RT 02/20/74 DD 04/20/24 | **434101** | **433478** |
| GNMA II POOL #0MA1376 4.000% 10/20/43 DD 10/01/13 | **196641** | **185470** |
| GNMA II POOL #0MA5332 5.000% 07/20/48 DD 07/01/18 | **395322** | **389892** |
| GNMA II POOL #0MA5530 5.000% 10/20/48 DD 10/01/18 | **207005** | **204002** |
| GNMA II POOL #0MA5596 4.500% 11/20/48 DD 11/01/18 | **17014** | **16308** |
| GNMA II POOL #0MA5711 4.500% 01/20/49 DD 01/01/19 | **9312** | **8925** |
| GNMA II POOL #0MA5764 4.500% 02/20/49 DD 02/01/19 | **37564** | **36002** |
| GNMA II POOL #0MA5818 4.500% 03/20/49 DD 03/01/19 | **50235** | **48146** |
| GNMA II POOL #0MA5819 5.000% 03/20/49 DD 03/01/19 | **18298** | **17984** |
| GNMA II POOL #0MA5877 4.500% 04/20/49 DD 04/01/19 | **73470** | **70410** |
| GNMA II POOL #0MA5987 4.500% 06/20/49 DD 06/01/19 | **25527** | **24368** |
| GNMA II POOL #0MA5988 5.000% 06/20/49 DD 06/01/19 | **558591** | **549194** |
| GOLUB CAPITAL PARTNERS 74A A 144A VAR RT 07/25/37 DD 06/20/24 | **825000** | **825000** |
| GREAT-WEST LIFECO US FINANCE 144A 0.904% 08/12/25 DD 08/12/20 | **150000** | **146513** |
| HCA INC 5.625% 09/01/28 DD 08/23/18 | **375000** | **379966** |
| HONDA AUTO RECEIVABLES 20 1 A2 5.360% 09/15/26 DD 02/21/24 | **304344** | **305170** |
| HONDA AUTO RECEIVABLES 20 2 A2 5.410% 04/15/26 DD 05/30/23 | **123833** | **124006** |
| HONDA AUTO RECEIVABLES 20 4 A2 5.870% 06/22/26 DD 11/08/23 | **366072** | **367467** |
| HSBC HOLDINGS PLC VAR RT 03/10/26 DD 03/10/22 | **325000** | **323711** |
| HSBC HOLDINGS PLC VAR RT 04/18/26 DD 08/18/20 | **825000** | **816858** |
| HYUNDAI AUTO RECEIVABLES A A2A 5.290% 04/15/27 DD 03/20/24 | **547951** | **549788** |
| HYUNDAI AUTO RECEIVABLES A A3 4.990% 02/15/29 DD 03/20/24 | **700000** | **705158** |
| HYUNDAI CAPITAL AMERICA 144A 5.800% 06/26/25 DD 06/26/23 | **255000** | **255919** |
| INTERNATIONAL BANK FOR RECONSTRUCTION 0.500% 10/28/25 DD 10/28/20 | **2590000** | **2508603** |
| INTERNATIONAL FLAVORS & FRAGRANCES 4.450% 09/26/28 DD 09/26/18 | **875000** | **855363** |
| INTUIT INC 0.950% 07/15/25 DD 06/29/20 | **175000** | **171672** |
| JP MORGAN CHASE & CO VAR RT 01/23/28 DD 01/23/24 | **555000** | **557018** |
| JP MORGAN CHASE & CO VAR RT 04/26/26 DD 04/26/22 | **1000000** | **1003607** |
| JP MORGAN CHASE & CO VAR RT 09/22/27 DD 09/22/21 | **875000** | **827798** |
| KREDITANSTALT FUER WIEDERAUFBAU 5.125% 09/29/25 DD 10/18/23 | **850000** | **854490** |
| MANUFACTURERS & TRADERS TRUST 4.650% 01/27/26 DD 01/27/23 | **730000** | **727919** |
| MASSACHUSETTS EDUCATIONAL 1 A1 VAR RT 04/25/38 DD 07/02/08 | **68572** | **68598** |
| MERRILL LYNCH MORTGAGE INVESTORS E A1 VAR RT 11/25/29 DD 09/23/04 | **35692** | **31880** |
| MONDELEZ INTERNATIONAL INC 1.500% 05/04/25 DD 05/04/20 | **225000** | **222440** |
| MORGAN STANLEY BANK NA 5.882% 10/30/26 DD 11/01/23 | **600000** | **612595** |
| MORGAN STANLEY MORTGAGE 11AR 1A1 VAR RT 01/25/35 DD 12/29/04 | **47145** | **43823** |
| MORGAN STANLEY VAR RT 01/28/27 DD 01/19/23 | **2254000** | **2261894** |
| MORGAN STANLEY VAR RT 04/28/26 DD 04/28/20 | **400000** | **396430** |
| MPLX LP 1.750% 03/01/26 DD 08/18/20 | **575000** | **555124** |
| NEXTERA ENERGY CAPITAL HOLDING 1.875% 01/15/27 DD 12/13/21 | **274000** | **258888** |
| NEXTERA ENERGY CAPITAL HOLDING 4.625% 07/15/27 DD 06/23/22 | **810000** | **808854** |
| NEXTERA ENERGY CAPITAL HOLDING 6.051% 03/01/25 DD 03/01/23 | **380000** | **380674** |
| NISOURCE INC 3.490% 05/15/27 DD 05/22/17 | **112000** | **109030** |
| NOMURA HOLDINGS INC 5.099% 07/03/25 DD 07/06/22 | **200000** | **200090** |
| NXP BV / NXP FUNDING LLC / NXP 3.875% 06/18/26 DD 12/18/21 | **500000** | **493118** |
| ORACLE CORP 2.650% 07/15/26 DD 07/07/16 | **1244000** | **1206417** |
| O'REILLY AUTOMOTIVE INC 5.750% 11/20/26 DD 11/20/23 | **1495000** | **1520802** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| OTIS WORLDWIDE CORP 2.056% 04/05/25 DD 02/27/20 | **840000** | **833527** |
| PARK BLUE CLO 2024- 5A A1 144A VAR RT 07/25/37 DD 06/27/24 | **700000** | **700000** |
| PENSKE TRUCK LEASING CO LP 144A 5.250% 07/01/29 DD 06/21/24 | **830000** | **832941** |
| PENSKE TRUCK LEASING CO LP 144A 5.350% 01/12/27 DD 01/12/24 | **215000** | **216436** |
| PFIZER INVESTMENT ENTERPRISES 4.450% 05/19/26 DD 05/19/23 | **1675000** | **1672654** |
| PHILIP MORRIS INTERNATIONAL INC 5.000% 11/17/25 DD 11/17/22 | **650000** | **652523** |
| PNC FINANCIAL SERVICES GROUP INC VAR RT 01/26/27 DD 01/24/23 | **935000** | **933684** |
| PROTECTIVE LIFE GLOBAL FUND 144A VAR RT 03/28/25 DD 03/31/22 | **825000** | **826574** |
| PROVINCE OF QUEBEC CANADA 0.600% 07/23/25 DD 07/23/20 | **880000** | **861426** |
| QUANTA SERVICES INC 4.750% 08/09/27 DD 08/09/24 | **1419000** | **1416945** |
| RAD CLO 25 LTD 25A A1 144A VAR RT 07/20/37 DD 06/27/24 | **825000** | **825000** |
| REVVITY INC 1.900% 09/15/28 DD 09/10/21 | **355000** | **317760** |
| ROCHE HOLDINGS INC 144A 5.265% 11/13/26 DD 11/13/23 | **495000** | **501937** |
| ROCK TRUST 2024-CN CNTR A 144A 5.388% 11/13/41 DD 10/01/24 | **500000** | **498546** |
| ROYAL BANK OF CANADA VAR RT 07/23/27 DD 07/23/24 | **500000** | **502265** |
| SANTANDER DRIVE AUTO RECEIVABLES 1 A2 5.710% 02/16/27 DD 01/18/24 | **144232** | **144500** |
| SANTANDER DRIVE AUTO RECEIVABLES 1 A3 5.250% 04/17/28 DD 01/18/24 | **500000** | **502182** |
| SANTANDER DRIVE AUTO RECEIVABLES 4 A2 6.180% 02/16/27 DD 08/23/23 | **167480** | **167695** |
| SANTANDER DRIVE AUTO RECEIVABLES 5 A2 6.310% 07/15/27 DD 10/18/23 | **63518** | **63640** |
| SANTANDER DRIVE AUTO RECEIVABLES 6 A3 5.930% 07/17/28 DD 11/21/23 | **600000** | **606251** |
| SBA GTD PARTN CTFS 2008-20G 1 5.870% 07/01/28 DD 07/16/08 | **8715** | **8790** |
| SBNA AUTO RECEIVABLE A A2 144A 5.700% 03/15/27 DD 03/28/24 | **181608** | **181886** |
| SIEMENS CAP CORP DISC 04/29/25 | **2541000** | **2483133** |
| SOCIETE GENERALE SA 144A 4.351% 06/13/25 DD 06/15/22 | **680000** | **678652** |
| SOLVENTUM CORP 144A 5.450% 02/25/27 DD 02/27/24 | **825000** | **832724** |
| SOUTHERN CALIFORNIA EDISON CO 4.400% 09/06/26 DD 09/06/24 | **100000** | **99599** |
| SOUTHERN CALIFORNIA EDISON CO 4.875% 02/01/27 DD 01/11/24 | **200000** | **200631** |
| SOUTHERN CALIFORNIA EDISON CO 5.350% 03/01/26 DD 03/01/24 | **100000** | **100655** |
| SOUTHERN CO/THE 5.150% 10/06/25 DD 10/06/22 | **345000** | **346173** |
| SOUTHERN POWER CO 0.900% 01/15/26 DD 01/08/21 | **100000** | **96052** |
| SUMITOMO MITSUI FINANCIAL GROUP 2.632% 07/14/26 DD 07/14/16 | **1750000** | **1696175** |
| SYNCHRONY BANK 5.400% 08/22/25 DD 08/23/22 | **280000** | **280349** |
| SYNCHRONY CARD FUNDING LLC A2 A 4.930% 07/15/30 DD 07/30/24 | **700000** | **704436** |
| SYNCHRONY FINANCIAL 4.875% 06/13/25 DD 06/13/22 | **430000** | **429581** |
| TESLA AUTO LEASE TRUST A A3 144A 5.300% 06/21/27 DD 03/13/24 | **325000** | **326892** |
| THE CAMPBELL'S COMPANY 5.200% 03/19/27 DD 03/21/24 | **495000** | **499558** |
| THERMO FISHER SCIENTIFIC INC 5.000% 12/05/26 DD 12/05/23 | **825000** | **832837** |
| T-MOBILE USA INC 2.250% 02/15/26 DD 01/14/21 | **425000** | **412793** |
| T-MOBILE USA INC 2.625% 04/15/26 DD 03/23/21 | **992000** | **966719** |
| T-MOBILE USA INC 3.500% 04/15/25 DD 04/15/21 | **575000** | **572405** |
| T-MOBILE USA INC 3.750% 04/15/27 DD 04/15/21 | **475000** | **464011** |
| TORONTO-DOMINION BANK/THE 5.103% 01/09/26 DD 01/10/23 | **915000** | **919245** |
| TOYOTA AUTO RECEIVABLES 2 A A3 4.630% 09/15/27 DD 01/30/23 | **476257** | **476563** |
| TOYOTA AUTO RECEIVABLES B A2B VAR RT 03/15/27 DD 04/30/24 | **495974** | **496022** |
| TOYOTA MOTOR CREDIT CORP 3.950% 06/30/25 DD 06/30/22 | **720000** | **717549** |
| TRESTLES CLO VII LT 7A A1 144A VAR RT 10/25/37 DD 09/06/24 | **1300000** | **1300000** |
| TRINITAS CLO XXX L 30A A1 144A VAR RT 10/23/37 DD 09/20/24 | **800000** | **800000** |
| TRUIST FINANCIAL CORP VAR RT 01/24/35 DD 01/24/24 | **820000** | **826447** |
| U S TREASURY NOTE 0.250% 07/31/25 DD 07/31/20 | **5090000** | **4974232** |
| U S TREASURY NOTE 0.500% 02/28/26 DD 02/28/21 | **4580000** | **4387855** |
| U S TREASURY NOTE 0.500% 04/30/27 DD 04/30/20 | **630000** | **577828** |
| U S TREASURY NOTE 0.625% 05/15/30 DD 05/15/20 | **1280000** | **1050150** |
| U S TREASURY NOTE 0.625% 08/15/30 DD 08/15/20 | **7480000** | **6073702** |
| U S TREASURY NOTE 0.750% 04/30/26 DD 04/30/21 | **2470000** | **2359139** |
| U S TREASURY NOTE 1.000% 07/31/28 DD 07/31/21 | **1150000** | **1023635** |
| U S TREASURY NOTE 1.125% 01/15/25 DD 01/15/22 | **490000** | **489439** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| U S TREASURY NOTE 1.125% 02/29/28 DD 02/28/21 | **2130000** | **1931810** |
| U S TREASURY NOTE 1.250% 06/30/28 DD 06/30/21 | **5010000** | **4513501** |
| U S TREASURY NOTE 1.375% 08/31/26 DD 08/31/19 | **8670000** | **8273415** |
| U S TREASURY NOTE 2.625% 12/31/25 DD 12/31/18 | **5140000** | **5061535** |
| U S TREASURY NOTE 2.750% 06/30/25 DD 06/30/18 | **2230000** | **2214007** |
| U S TREASURY NOTE 2.750% 08/31/25 DD 08/31/18 | **2260000** | **2237824** |
| U S TREASURY NOTE 2.875% 05/31/25 DD 05/31/18 | **270000** | **268437** |
| U S TREASURY NOTE 3.000% 07/15/25 DD 07/15/22 | **4440000** | **4411348** |
| U S TREASURY NOTE 3.000% 10/31/25 DD 10/31/18 | **13100000** | **12966953** |
| U S TREASURY NOTE 3.500% 04/30/30 DD 04/30/23 | **850000** | **813311** |
| U S TREASURY NOTE 3.750% 05/31/30 DD 05/31/23 | **510000** | **493564** |
| U S TREASURY NOTE 3.750% 06/30/30 DD 06/30/23 | **750000** | **725449** |
| U S TREASURY NOTE 4.000% 02/28/30 DD 02/28/23 | **3878900** | **3806625** |
| U S TREASURY NOTE 4.125% 03/31/31 DD 03/31/24 | **480000** | **471131** |
| U S TREASURY NOTE 4.375% 05/15/34 DD 05/15/24 | **2160000** | **2127263** |
| U S TREASURY NOTE 4.500% 07/15/26 DD 07/15/23 | **3150000** | **3161197** |
| U S TREASURY NOTE 4.500% 12/31/31 DD 12/31/24 | **950000** | **950742** |
| UBS AG/LONDON 5.800% 09/11/25 DD 09/11/23 | **1660000** | **1672391** |
| UBS AG/STAMFORD CT 3.700% 02/21/25 DD 04/07/22 | **665000** | **663670** |
| UNITEDHEALTH GROUP INC 3.700% 12/15/25 DD 12/17/18 | **1187000** | **1177102** |
| UNITEDHEALTH GROUP INC 4.600% 04/15/27 DD 03/21/24 | **830000** | **830916** |
| US TREAS-CPI INFLAT 0.125% 07/15/26 DD 07/15/16 | **131686** | **128596** |
| US TREAS-CPI INFLAT 0.250% 07/15/29 DD 07/15/19 | **394883** | **365713** |
| US TREAS-CPI INFLAT 0.375% 07/15/27 DD 07/15/17 | **154847** | **149421** |
| US TREAS-CPI INFLAT 0.625% 01/15/26 DD 01/15/16 | **132844** | **131009** |
| US TREAS-CPI INFLAT 0.750% 02/15/45 DD 02/15/15 | **187663** | **135980** |
| US TREAS-CPI INFLAT 0.875% 02/15/47 DD 02/15/17 | **26153** | **18920** |
| US TREAS-CPI INFLAT 1.375% 02/15/44 DD 02/15/14 | **176071** | **146512** |
| US TREAS-CPI INFLAT 1.875% 07/15/34 DD 07/15/24 | **1508940** | **1462507** |
| US TREAS-CPI INFLAT 2.500% 01/15/29 DD 01/15/09 | **411656** | **418854** |
| US TREAS-CPI INFLAT 3.375% 04/15/32 DD 10/15/01 | **17783** | **19249** |
| VERALTO CORP 5.500% 09/18/26 DD 03/18/24 | **1668000** | **1687302** |
| VERIZON COMMUNICATIONS INC 4.125% 03/16/27 DD 03/16/17 | **1270000** | **1255552** |
| VERSAILLES CDS DISC 02/04/25 | **921000** | **909045** |
| VOLKSWAGEN AUTO LEASE TRUST A A2A 5.400% 12/21/26 DD 03/27/24 | **629753** | **632879** |
| VOLKSWAGEN GROUP OF AMERICA 144A 3.950% 06/06/25 DD 06/08/22 | **400000** | **398377** |
| WAMU MORTGAGE PASS-THROUGH AR13 A1A VAR RT 11/25/34 DD 11/23/04 | **72907** | **70420** |
| WELLS FARGO & CO VAR RT 04/30/26 DD 04/30/20 | **500000** | **495483** |
| WELLS FARGO & CO VAR RT 06/17/27 DD 06/17/19 | **1295000** | **1264976** |
| WELLS FARGO & CO VAR RT 08/15/26 DD 08/15/22 | **676000** | **674644** |
| WELLS FARGO BANK NA 5.254% 12/11/26 DD 12/11/23 | **700000** | **708281** |
| WILLIAMS COS INC/THE 4.000% 09/15/25 DD 03/03/15 | **500000** | **497441** |
| WORLD OMNI AUTO RECEIVABLES B A2A 5.480% 09/15/27 DD 05/22/24 | **334125** | **335553** |
| WORLD OMNI SELECT AUTO TRUST A A2A 5.370% 02/15/28 DD 07/24/24 | **500000** | **502009** |
| XCEL ENERGY INC 1.750% 03/15/27 DD 11/03/21 | **850000** | **795884** |
| XCEL ENERGY INC 3.350% 12/01/26 DD 12/01/16 | **266000** | **259334** |
| **Total Fixed Income Securities** |  | $**203835774** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| **Common Stock** | | |
| 3M CO | **48665** | $**6282165** |
| ABBOTT LABORATORIES | **131809** | **14908916** |
| ABBVIE INC | **15491** | **2752751** |
| ABERCROMBIE & FITCH CO | **12361** | **1847599** |
| ACCENTURE PLC | **7831** | **2754867** |
| ACCOR SA | **28846** | **1405086** |
| ACV AUCTIONS INC | **52986** | **1144498** |
| ADDUS HOMECARE CORP | **11658** | **1461330** |
| ADIDAS AG | **10570** | **2591832** |
| ADOBE INC | **347** | **154304** |
| ADVANTEST CORP | **19909** | **1165201** |
| ADYEN NV | **1807** | **2688841** |
| AEROVIRONMENT INC | **9176** | **1412095** |
| AGCO CORP | **56600** | **5290968** |
| AGILENT TECHNOLOGIES INC | **33300** | **4473522** |
| AIA GROUP LTD HK/01299 | **690376** | **5003658** |
| AIB GROUP PLC | **109238** | **604882** |
| AIR LEASE CORP | **50049** | **2412862** |
| AIR LIQUIDE SA | **10671** | **1733938** |
| AIRBNB INC | **2265** | **297644** |
| AKAMAI TECHNOLOGIES INC | **60100** | **5748565** |
| AKERO THERAPEUTICS INC | **33120** | **921398** |
| AKZO NOBEL NV | **5205** | **312392** |
| ALCON AG | **31885** | **2706718** |
| ALFA LAVAL AB | **69656** | **2916294** |
| ALIBABA GROUP HOLDING LTD ADR | **19985** | **1694528** |
| ALIGNMENT HEALTHCARE INC | **188719** | **2123089** |
| ALIMENTATION COUCHE-TARD INC | **57172** | **3169066** |
| ALKERMES PLC | **29464** | **847385** |
| ALLEGRO MICROSYSTEMS INC | **39646** | **866662** |
| ALLFUNDS GROUP PLC | **85801** | **447789** |
| ALLIANT ENERGY CORP | **173100** | **10237134** |
| ALLIANZ SE | **21445** | **6570843** |
| ALLSTATE CORP/THE | **9932** | **1914790** |
| ALPHA METALLURGICAL RESOURCES | **2049** | **410046** |
| ALPHABET INC | **212467** | **40462215** |
| AMAZON.COM INC | **273300** | **59959287** |
| AMBEV SA ADR | **513085** | **949207** |
| AMENTUM HOLDINGS INC | **164745** | **3464587** |
| AMERANT BANCORP INC | **135035** | **3026134** |
| AMERICAN EAGLE OUTFITTERS INC | **52506** | **875275** |
| AMERICAN FINANCIAL GROUP INC/O | **51000** | **6983430** |
| AMERICAN INTERNATIONAL GROUP INC | **169209** | **12318415** |
| AMERICAN SUPERCONDUCTOR CORP | **24138** | **594519** |
| AMERICAN VANGUARD CORP | **55869** | **258673** |
| AMERICAN WATER WORKS CO INC | **51925** | **6464143** |
| AMERIS BANCORP | **53030** | **3318087** |
| AMICUS THERAPEUTICS INC | **87386** | **823176** |
| AMPHENOL CORP | **58314** | **4049907** |
| ANGLO AMERICAN PLC | **51307** | **1519033** |
| ANZ GROUP HOLDINGS LTD | **115222** | **2036035** |
| AON PLC | **17381** | **6242560** |
| APELLIS PHARMACEUTICALS INC | **9896** | **315781** |
| API GROUP CORP | **46576** | **1675339** |
| APOGEE THERAPEUTICS INC | **13818** | **625955** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| APPLE INC | **283293** | **70942233** |
| APPLOVIN CORP | **11251** | **3643411** |
| APTARGROUP INC | **33175** | **5211793** |
| APTIV PLC | **56900** | **3441312** |
| ARCADIUM LITHIUM PLC | **239794** | **1230143** |
| ARDENT HEALTH PARTNERS INC | **9204** | **157204** |
| ARES MANAGEMENT CORP | **11789** | **2087007** |
| ARGAN INC | **20120** | **2757245** |
| ARGENX SE | **2627** | **1632155** |
| ARGENX SE ADR | **16066** | **9880590** |
| ARISTA NETWORKS INC | **100915** | **11154135** |
| ARKEMA SA | **5065** | **385756** |
| ARTHUR J GALLAGHER & CO | **5085** | **1443377** |
| ASCENDIS PHARMA A/S ADR | **44501** | **6126453** |
| ASML HOLDING NV | **5211** | **3658043** |
| ASSA ABLOY AB | **62666** | **1853451** |
| ASSURED GUARANTY LTD | **25400** | **2286254** |
| ASTRAZENECA PLC | **25080** | **3288019** |
| ATKORE INC | **12125** | **1011831** |
| ATLANTA BRAVES HOLDINGS INC | **47084** | **1801434** |
| ATLAS COPCO AB | **173536** | **2651904** |
| ATLASSIAN CORP | **22543** | **5486515** |
| ATMUS FILTRATION TECHNOLOGIES | **35498** | **1390812** |
| ATRICURE INC | **19319** | **590389** |
| AUTOZONE INC | **2429** | **7777658** |
| AVERY DENNISON CORP | **21200** | **3967156** |
| AVIDITY BIOSCIENCES INC | **45400** | **1320232** |
| AVIENT CORP | **38902** | **1589536** |
| AXA SA | **33931** | **1205852** |
| AXALTA COATING SYSTEMS LTD | **174900** | **5985078** |
| AXSOME THERAPEUTICS INC | **10059** | **851092** |
| AYVENS SA | **32983** | **223537** |
| AZEK CO INC/THE | **94713** | **4496026** |
| AZZ INC | **52926** | **4335698** |
| BAE SYSTEMS PLC | **70225** | **1010103** |
| BAKER HUGHES CO | **215200** | **8827504** |
| BANC OF CALIFORNIA INC | **116020** | **1793669** |
| BANCA MONTE DEI PASCHI DI SIENA | **98350** | **693133** |
| BANCO BILBAO VIZCAYA ARGENTARIA | **356538** | **3489632** |
| BANK OF AMERICA CORP | **205351** | **9025176** |
| \*BANK OF NEW YORK MELLON CORP | **27200** | **2089776** |
| BANNER CORP | **24480** | **1634530** |
| BARRICK GOLD CORP | **32395** | **502075** |
| BAWAG GROUP AG | **22072** | **1854728** |
| BEAZLEY PLC | **138183** | **1413038** |
| BECTON DICKINSON & CO | **24645** | **5591211** |
| BERKSHIRE HATHAWAY INC | **39366** | **17843821** |
| BEST BUY CO INC | **10591** | **908708** |
| BHP GROUP LTD ADR | **48284** | **2357708** |
| BICARA THERAPEUTICS INC | **15867** | **276403** |
| BIOHAVEN LTD | **15067** | **562752** |
| BJ'S WHOLESALE CLUB HOLDINGS INC | **83400** | **7451790** |
| BKV CORP | **17381** | **413320** |
| BLACKSTONE INC | **58338** | **10058638** |
| BLOCK INC | **26488** | **2251215** |
| BLOOM ENERGY CORP | **37852** | **840693** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| BLUEPRINT MEDICINES CORP | **16083** | **1402759** |
| BOISE CASCADE CO | **14639** | **1739992** |
| BOOKING HOLDINGS INC | **821** | **4079073** |
| BOOT BARN HOLDINGS INC | **19309** | **2931492** |
| BORGWARNER INC | **202500** | **6437475** |
| BRAZE INC | **21087** | **883124** |
| BRENNTAG SE | **12380** | **741992** |
| BRIGHT HORIZONS FAMILY SOLUTIONS | **9180** | **1017603** |
| BRINKER INTERNATIONAL INC | **3777** | **499659** |
| BRINK'S CO/THE | **8751** | **811830** |
| BRITISH AMERICAN TOBACCO PLC | **58839** | **2122271** |
| BROADCOM INC | **93502** | **21677504** |
| BROOKDALE SENIOR LIVING INC | **355063** | **1785967** |
| BT GROUP PLC | **511306** | **922438** |
| BUILDERS FIRSTSOURCE INC | **23234** | **3320836** |
| BUREAU VERITAS SA | **12654** | **384448** |
| C3.AI INC | **8918** | **307047** |
| CABOT CORP | **31441** | **2870878** |
| CACTUS INC | **19989** | **1166558** |
| CADENCE BANK | **93908** | **3235131** |
| CANADIAN NATIONAL RAILWAY CO | **14201** | **1441544** |
| CAPGEMINI SE | **2705** | **442983** |
| CAPITAL CITY BANK GROUP INC | **13176** | **482900** |
| CARGO THERAPEUTICS INC | **22143** | **319302** |
| CARGURUS INC | **177586** | **6488992** |
| CARMAX INC | **79820** | **6526083** |
| CARPENTER TECHNOLOGY CORP | **7287** | **1236677** |
| CARRIER GLOBAL CORP | **57000** | **3890820** |
| CASELLA WASTE SYSTEMS INC | **43635** | **4617019** |
| CASTLE BIOSCIENCES INC | **18591** | **495450** |
| CATERPILLAR INC | **13596** | **4932085** |
| CBRE GROUP INC | **21210** | **2784661** |
| CCC INTELLIGENT SOLUTIONS HOLDINGS | **234925** | **2755670** |
| CELLDEX THERAPEUTICS INC | **31017** | **783800** |
| CELSIUS HOLDINGS INC | **18126** | **477439** |
| CENTRUS ENERGY CORP | **2365** | **157533** |
| CENTURY ALUMINUM CO | **17953** | **327104** |
| CENTURY COMMUNITIES INC | **17340** | **1272062** |
| CF INDUSTRIES HOLDINGS INC | **65700** | **5605524** |
| CG ONCOLOGY INC | **19322** | **554155** |
| CHAMPION HOMES INC | **53296** | **4695378** |
| CHAMPIONX CORP | **14412** | **391862** |
| CHART INDUSTRIES INC | **11868** | **2264889** |
| CHEESECAKE FACTORY INC/THE | **16033** | **760606** |
| CHEFS' WAREHOUSE INC/THE | **54341** | **2680098** |
| CHENIERE ENERGY INC | **5582** | **1199404** |
| CHIBA BANK LTD/THE | **269860** | **2099159** |
| CHIPOTLE MEXICAN GRILL INC | **91523** | **5518837** |
| CHORD ENERGY CORP | **46700** | **5460164** |
| CHUGAI PHARMACEUTICAL CO LTD | **127700** | **5687021** |
| CIE FINANCIERE RICHEMONT SA | **8246** | **1254757** |
| CINEMARK HOLDINGS INC | **78216** | **2423132** |
| CIVITAS RESOURCES INC | **8866** | **406683** |
| CLEAR SECURE INC | **120799** | **3218085** |
| CLEARWATER ANALYTICS HOLDINGS | **40175** | **1105616** |
| COCA-COLA CO/THE | **134787** | **8391839** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| COEUR MINING INC | **69399** | **396962** |
| COHERENT CORP | **19569** | **1853771** |
| COLGATE-PALMOLIVE CO | **55845** | **5076869** |
| COLOPLAST A/S | **12310** | **1343885** |
| COMMERCIAL METALS CO | **18161** | **900786** |
| COMMERZBANK AG | **31143** | **507109** |
| COMSTOCK RESOURCES INC | **77368** | **1409645** |
| CONOCOPHILLIPS | **114622** | **11367064** |
| CONSOL ENERGY INC | **4678** | **499049** |
| CONSTELLIUM SE | **17455** | **179263** |
| COOPER COS INC/THE | **75500** | **6940715** |
| COTERRA ENERGY INC | **259800** | **6635292** |
| CREDICORP LTD | **9937** | **1821651** |
| CREDO TECHNOLOGY GROUP HOLDING | **27517** | **1849418** |
| CRESCENT ENERGY CO | **79807** | **1165980** |
| CRINETICS PHARMACEUTICALS INC | **28695** | **1467175** |
| CRODA INTERNATIONAL PLC | **6339** | **268734** |
| CROWN HOLDINGS INC | **96500** | **7979585** |
| CVC CAPITAL PARTNERS PLC | **47831** | **1052987** |
| CYBERARK SOFTWARE LTD | **1225** | **408109** |
| CYTOKINETICS INC | **26346** | **1239316** |
| DAIFUKU CO LTD | **69300** | **1455141** |
| DAIICHI SANKYO CO LTD | **54200** | **1500881** |
| DAIKIN INDUSTRIES LTD | **6419** | **762144** |
| DAIMLER TRUCK HOLDING AG | **27361** | **1044046** |
| DASSAULT AVIATION SA | **1377** | **281184** |
| DASSAULT SYSTEMES SE | **46040** | **1597093** |
| DATADOG INC | **25382** | **3626834** |
| DAY ONE BIOPHARMACEUTICALS INC | **36111** | **457526** |
| DBS GROUP HOLDINGS LTD | **184181** | **5902649** |
| DECKERS OUTDOOR CORP | **16817** | **3415365** |
| DEERE & CO | **9968** | **4223442** |
| DENALI THERAPEUTICS INC | **29661** | **604491** |
| DENSO CORP | **43340** | **610692** |
| DEUTSCHE POST AG | **28281** | **995103** |
| DEUTSCHE TELEKOM AG | **67117** | **2007845** |
| DEVON ENERGY CORP | **122800** | **4019244** |
| DEXCOM INC | **28444** | **2212090** |
| DIAMONDBACK ENERGY INC | **35787** | **5862984** |
| DIASORIN SPA | **3942** | **406398** |
| DICK'S SPORTING GOODS INC | **6257** | **1431852** |
| DIGITALOCEAN HOLDINGS INC | **113494** | **3866741** |
| DIME COMMUNITY BANCSHARES INC | **21387** | **657329** |
| DISC MEDICINE INC | **12133** | **769232** |
| DISCO CORP | **10499** | **2854557** |
| DOMINION ENERGY INC | **61423** | **3308243** |
| DOORDASH INC | **61479** | **10313102** |
| DORMAN PRODUCTS INC | **4848** | **628058** |
| DR HORTON INC | **79731** | **11147988** |
| DSM-FIRMENICH AG | **3360** | **339995** |
| DUTCH BROS INC | **21777** | **1140679** |
| DXP ENTERPRISES INC/TX | **21000** | **1735020** |
| E.ON SE | **109827** | **1278847** |
| EASTERN BANKSHARES INC | **125809** | **2170205** |
| EATON CORP PLC | **13110** | **4350816** |
| EBAY INC | **97600** | **6046320** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| EDWARDS LIFESCIENCES CORP | **17444** | **1291379** |
| ELEMENT SOLUTIONS INC | **52197** | **1327370** |
| ELF BEAUTY INC | **5297** | **665038** |
| ELI LILLY & CO | **23444** | **18098768** |
| ENGIE SA | **106656** | **1690871** |
| ENN ENERGY HOLDINGS LTD HK/02688 | **328400** | **2361130** |
| ENSIGN GROUP INC/THE | **10681** | **1419078** |
| ENTERPRISE FINANCIAL SERVICES | **38894** | **2193622** |
| EPIROC AB | **106322** | **1852823** |
| EQUIFAX INC | **10085** | **2570162** |
| ERSTE GROUP BANK AG | **9856** | **608883** |
| ESC GLOBIX CORPORATION | **1200** | **—** |
| EUROGROUP LAMINATIONS SPA | **30505** | **88383** |
| EVOLENT HEALTH INC | **104396** | **1174455** |
| EVOLUTION MINING LTD | **232230** | **691607** |
| EXACT SCIENCES CORP | **23249** | **1306361** |
| EXPEDIA GROUP INC | **38300** | **7136439** |
| EXPERIAN PLC | **13936** | **601271** |
| FABRINET | **3695** | **812457** |
| FAIR ISAAC CORP | **2713** | **5401393** |
| FANUC CORP | **54447** | **1446400** |
| FERGUSON ENTERPRISES INC | **31996** | **5553546** |
| FIDELITY NATIONAL FINANCIAL INC | **119800** | **6725572** |
| FINECOBANK BANCA FINECO SPA | **75017** | **1304249** |
| FIRST INTERSTATE BANCSYSTEM INC | **28040** | **910459** |
| FIRST QUANTUM MINERALS LTD | **20589** | **265272** |
| FIVE POINT HOLDINGS LLC | **56877** | **214995** |
| FIVERR INTERNATIONAL LTD | **111568** | **3540053** |
| FLEX LTD | **82200** | **3155658** |
| FLOWSERVE CORP | **19918** | **1145683** |
| FLUENCE ENERGY INC | **37648** | **597850** |
| FOMENTO ECONOMICO MEXICANO SAB ADR | **31438** | **2687635** |
| FORTIVE CORP | **24832** | **1862400** |
| FRANCO-NEVADA CORP | **58200** | **6843738** |
| FREEPORT-MCMORAN INC | **112564** | **4286437** |
| FRESHPET INC | **12902** | **1910915** |
| FTI CONSULTING INC | **23600** | **4510668** |
| FUJITSU LTD | **47800** | **851464** |
| GALDERMA GROUP AG | **8107** | **900291** |
| GENERAL MOTORS CO | **150464** | **8015217** |
| GENIUS SPORTS LTD | **153344** | **1326426** |
| GENMAB A/S | **7284** | **1509577** |
| GENPACT LTD | **165400** | **7103930** |
| GEO GROUP INC/THE | **33029** | **924151** |
| GERON CORP | **236857** | **838474** |
| GITLAB INC | **41367** | **2331030** |
| GLAUKOS CORP | **18898** | **2833566** |
| GLENCORE PLC | **185863** | **822626** |
| GLOBAL PAYMENTS INC | **31875** | **3571913** |
| GLOBANT SA | **25700** | **5510594** |
| GODADDY INC | **9577** | **1890212** |
| \*GOLDMAN SACHS GROUP INC/THE | **501941** | **287421455** |
| GOODYEAR TIRE & RUBBER CO/THE | **188102** | **1692918** |
| GRAB HOLDINGS LTD | **175799** | **829771** |
| GROUP 1 AUTOMOTIVE INC | **3102** | **1307431** |
| GRUPO FINANCIERO BANORTE SAB DE CV | **212300** | **1371855** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| GSK PLC | **103041** | **1737639** |
| GUARDANT HEALTH INC | **17683** | **540216** |
| GUIDEWIRE SOFTWARE INC | **5842** | **984844** |
| GULFPORT ENERGY CORP | **15760** | **2902992** |
| HA SUSTAINABLE INFRASTRUCTURE | **55953** | **1501219** |
| HAEMONETICS CORP | **19229** | **1501400** |
| HAIER SMART HOME CO LTD HK/06690 | **635200** | **2248727** |
| HAKUHODO DY HOLDINGS INC | **38400** | **292838** |
| HALEON PLC | **1583899** | **7486390** |
| HAMILTON INSURANCE GROUP LTD | **60484** | **1151011** |
| HAMILTON LANE INC | **13153** | **1947302** |
| HANESBRANDS INC | **69638** | **566853** |
| HARMONIC INC | **138352** | **1830397** |
| HARTFORD INSURANCE GROUP INC/THE | **116712** | **12768293** |
| HAYWARD HOLDINGS INC | **98995** | **1513634** |
| HB FULLER CO | **19865** | **1340490** |
| HCA HEALTHCARE INC | **16967** | **5092645** |
| HCI GROUP INC | **9435** | **1099461** |
| HDFC BANK LTD ADR | **79416** | **5071506** |
| HEALTH CATALYST INC | **140349** | **992267** |
| HEALTHEQUITY INC | **12464** | **1195921** |
| HECLA MINING CO | **88170** | **432915** |
| HELIOS TECHNOLOGIES INC | **30240** | **1349914** |
| HERITAGE COMMERCE CORP | **69645** | **653270** |
| HERMES INTERNATIONAL SCA | **808** | **1942780** |
| HILTON WORLDWIDE HOLDINGS INC | **11200** | **2768192** |
| HOLCIM AG | **11783** | **1135849** |
| HOLOGIC INC | **78200** | **5637438** |
| HOME BANCSHARES INC/AR | **119752** | **3388982** |
| HOME DEPOT INC/THE | **16595** | **6455289** |
| HONDA MOTOR CO LTD | **106900** | **1044105** |
| HSBC HOLDINGS PLC | **206860** | **2034488** |
| HUBBELL INC | **12393** | **5191304** |
| HUBSPOT INC | **10501** | **7316782** |
| HUNTINGTON BANCSHARES INC/OH | **335625** | **5460619** |
| ICHOR HOLDINGS LTD | **56303** | **1814083** |
| ICON PLC | **17900** | **3753809** |
| IDACORP INC | **22289** | **2435742** |
| ILLUMINA INC | **14527** | **1941243** |
| IMCD NV | **3883** | **576991** |
| IMI PLC | **41079** | **936856** |
| IMMUNOCORE HOLDINGS PLC ADR | **15981** | **471440** |
| IMPERIAL BRANDS PLC | **37520** | **1199656** |
| IMPINJ INC | **1357** | **197118** |
| INCHCAPE PLC | **80387** | **774707** |
| INDUSTRIA DE DISENO TEXTIL SA | **29769** | **1530193** |
| INFINEON TECHNOLOGIES AG | **90021** | **2927006** |
| INGERSOLL RAND INC | **20461** | **1850902** |
| INGEVITY CORP | **28384** | **1156648** |
| INGRAM MICRO HOLDING CORP | **42337** | **820914** |
| INSIGHT ENTERPRISES INC | **10261** | **1560698** |
| INSMED INC | **47776** | **3298455** |
| INSULET CORP | **7817** | **2040784** |
| INTELLIA THERAPEUTICS INC | **21734** | **253418** |
| INTERDIGITAL INC | **527** | **102090** |
| INTERMEDIATE CAPITAL GROUP PLC | **17182** | **444577** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| INTERNATIONAL BUSINESS MACHINES | **32969** | **7247575** |
| INTERNATIONAL GAME TECHNOLOGY | **11800** | **208388** |
| INTERNATIONAL PAPER CO | **57843** | **3113110** |
| INTUIT INC | **9668** | **6076338** |
| INTUITIVE SURGICAL INC | **27232** | **14214015** |
| IRHYTHM TECHNOLOGIES INC | **29857** | **2692206** |
| ISUZU MOTORS LTD | **92000** | **1263566** |
| ITOCHU CORP | **19896** | **991508** |
| ITRON INC | **16121** | **1750418** |
| JAMF HOLDING CORP | **48194** | **677126** |
| JANUX THERAPEUTICS INC | **7630** | **408510** |
| JB HUNT TRANSPORT SERVICES INC | **34700** | **5921902** |
| JCDECAUX SE | **33314** | **522969** |
| JOHNSON & JOHNSON | **33320** | **4818738** |
| KAISER ALUMINUM CORP | **2089** | **146794** |
| KANSAI ELECTRIC POWER CO INC/THE | **45206** | **504382** |
| KBC GROUP NV | **15712** | **1212749** |
| KDDI CORP | **36817** | **1181161** |
| KENNAMETAL INC | **48536** | **1165835** |
| KEYCORP | **271574** | **4654778** |
| KEYENCE CORP | **7065** | **2905389** |
| KKR & CO INC | **75569** | **11177411** |
| KNIGHT-SWIFT TRANSPORTATION HOLDINGS | **125400** | **6651216** |
| KODIAK GAS SERVICES INC | **35428** | **1446525** |
| KOITO MANUFACTURING CO LTD | **28880** | **368994** |
| KOMATSU LTD | **74100** | **2050999** |
| KYMERA THERAPEUTICS INC | **19205** | **772617** |
| L3HARRIS TECHNOLOGIES INC | **15970** | **3358172** |
| LABCORP HOLDINGS INC | **19753** | **4529758** |
| LAM RESEARCH CORP | **33780** | **2439929** |
| LANDSTAR SYSTEM INC | **26400** | **4537104** |
| LATTICE SEMICONDUCTOR CORP | **88162** | **4994377** |
| LA-Z-BOY INC | **15269** | **665270** |
| LEGRAND SA | **12281** | **1195904** |
| LENDINGCLUB CORP | **20452** | **331118** |
| LIBERTY MEDIA CORP-LIBERTY FORMULA ONE | **47444** | **4396161** |
| LIFESTANCE HEALTH GROUP INC | **197319** | **1454241** |
| LINCOLN ELECTRIC HOLDINGS INC | **18800** | **3524436** |
| LINDE PLC | **5651** | **2365904** |
| LIVE NATION ENTERTAINMENT INC | **35325** | **4574588** |
| LONDON STOCK EXCHANGE GROUP PLC | **12072** | **1706176** |
| L'OREAL SA | **8088** | **2863036** |
| LOUISIANA-PACIFIC CORP | **9346** | **967778** |
| LPL FINANCIAL HOLDINGS INC | **5760** | **1880698** |
| LUKOIL PJSC ADR | **41527** | **—** |
| LULULEMON ATHLETICA INC | **12600** | **4818366** |
| LUNDIN MINING CORP | **72016** | **619412** |
| LVMH MOET HENNESSY LOUIS VUITTON | **1277** | **840343** |
| MACOM TECHNOLOGY SOLUTIONS HOLDINGS | **23944** | **3110565** |
| MAGNITE INC | **223814** | **3563119** |
| MAKITA CORP | **14320** | **441281** |
| MANULIFE FINANCIAL CORP | **152900** | **4694802** |
| MAPLEBEAR INC | **75500** | **3127210** |
| MARTIN MARIETTA MATERIALS INC | **7239** | **3738944** |
| MARVELL TECHNOLOGY INC | **30449** | **3363092** |
| MASTERCARD INC | **48232** | **25397524** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| MATADOR RESOURCES CO | **28794** | **1619950** |
| MBX BIOSCIENCES INC | **17542** | **323299** |
| MCDONALD'S CORP | **22993** | **6665441** |
| MCGRATH RENTCORP | **11064** | **1237176** |
| MCKESSON CORP | **10202** | **5814222** |
| MEDTRONIC PLC | **56098** | **4481108** |
| MERCADOLIBRE INC | **4683** | **7963161** |
| MERUS NV | **7046** | **296284** |
| META PLATFORMS INC | **72551** | **42479336** |
| METHANEX CORP | **9027** | **450848** |
| MGIC INVESTMENT CORP | **51865** | **1229719** |
| MICROSOFT CORP | **116606** | **49149429** |
| MIDDLEBY CORP/THE | **46600** | **6311970** |
| MIDWESTONE FINANCIAL GROUP INC | **23296** | **678380** |
| MISUMI GROUP INC | **42700** | **667018** |
| MITSUBISHI CORP | **49500** | **820171** |
| MITSUBISHI ELECTRIC CORP | **18281** | **312554** |
| MITSUBISHI HEAVY INDUSTRIES LTD | **45400** | **642175** |
| MITSUI & CO LTD | **41400** | **872203** |
| MITSUI FUDOSAN CO LTD | **192000** | **1551540** |
| MIZUHO FINANCIAL GROUP INC | **52230** | **1287139** |
| MKS INSTRUMENTS INC | **48400** | **5052476** |
| MONGODB INC | **3363** | **782940** |
| MONOLITHIC POWER SYSTEMS INC | **4838** | **2862645** |
| MONSTER BEVERAGE CORP | **15799** | **830395** |
| MOOG INC | **11305** | **2225276** |
| MOTOROLA SOLUTIONS INC | **3600** | **1664028** |
| MR COOPER GROUP INC | **15389** | **1477498** |
| MS&AD INSURANCE GROUP HOLDINGS | **56200** | **1233353** |
| MVB FINANCIAL CORP | **18067** | **373987** |
| NASDAQ INC | **68498** | **5295580** |
| NATERA INC | **10582** | **1675131** |
| NATIONAL BANK HOLDINGS CORP | **24532** | **1056348** |
| NATIONAL GRID PLC | **185405** | **2205912** |
| NATURAL GROCERS BY VITAMIN COTTAGE | **9576** | **380359** |
| NESTLE SA ADR | **34136** | **2788911** |
| NET POWER INC | **18380** | **194644** |
| NETFLIX INC | **26486** | **23607502** |
| NEXT PLC | **9985** | **1187745** |
| NEXTRACKER INC | **47871** | **1748728** |
| NIPPON TELEGRAPH & TELEPHONE CORP | **815900** | **820261** |
| NISSAN MOTOR CO LTD | **39300** | **120031** |
| NOBLE CORP PLC | **—** | **8** |
| NORTHEAST BANK | **7956** | **729804** |
| NOVAGOLD RESOURCES INC | **60898** | **202790** |
| NOVANTA INC | **11283** | **1723704** |
| NOVARTIS AG | **27177** | **2659972** |
| NOVO NORDISK A/S | **43751** | **3792126** |
| NOVONESIS (NOVOZYMES) B | **21458** | **1214789** |
| NU HOLDINGS LTD/CAYMAN ISLANDS | **66521** | **689158** |
| NURIX THERAPEUTICS INC | **36750** | **692370** |
| NUTANIX INC | **22947** | **1403897** |
| NUVALENT INC | **9048** | **708277** |
| NVIDIA CORP | **545830** | **73299511** |
| NVR INC | **517** | **4228492** |
| ODDITY TECH LTD | **7845** | **329647** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| OLD NATIONAL BANCORP/IN | **102452** | **2223721** |
| OLD REPUBLIC INTERNATIONAL CORP | **165500** | **5989445** |
| OLEMA PHARMACEUTICALS INC | **52270** | **304734** |
| ON SEMICONDUCTOR CORP | **73600** | **4640480** |
| ONE GAS INC | **32620** | **2258935** |
| ONESPAWORLD HOLDINGS LTD | **73684** | **1466312** |
| ONTO INNOVATION INC | **16461** | **2743555** |
| OPTION CARE HEALTH INC | **103388** | **2398602** |
| ORACLE CORP | **82349** | **13722637** |
| ORORA LTD | **113520** | **172903** |
| OTSUKA HOLDINGS CO LTD | **17100** | **935734** |
| PACKAGING CORP OF AMERICA | **23200** | **5223016** |
| PACS GROUP INC | **21281** | **278994** |
| PALO ALTO NETWORKS INC | **21016** | **3824071** |
| PAPA JOHN'S INTERNATIONAL INC | **7910** | **324864** |
| PARKER-HANNIFIN CORP | **3920** | **2493238** |
| PARSONS CORP | **23931** | **2207635** |
| PAYONEER GLOBAL INC | **141739** | **1423060** |
| PAYPAL HOLDINGS INC | **73708** | **6290978** |
| PEABODY ENERGY CORP | **19676** | **412015** |
| PERELLA WEINBERG PARTNERS | **94341** | **2249089** |
| PERFORMANCE FOOD GROUP CO | **44800** | **3787840** |
| PFIZER INC | **265035** | **7031379** |
| PING AN INSURANCE GROUP CO OF HK/02318 | **193500** | **1147108** |
| POPULAR INC | **7999** | **752386** |
| POWER INTEGRATIONS INC | **22198** | **1369617** |
| PRIMO BRANDS CORP | **32340** | **995102** |
| PRIVIA HEALTH GROUP INC | **72414** | **1415694** |
| PROSPERITY BANCSHARES INC | **82100** | **6186235** |
| PROSUS NV | **45999** | **1826686** |
| PROTAGONIST THERAPEUTICS INC | **18656** | **720122** |
| PTC THERAPEUTICS INC | **22488** | **1015108** |
| PURE STORAGE INC | **48378** | **2971861** |
| QIAGEN NV | **18146** | **808823** |
| QUANTA SERVICES INC | **29998** | **9480868** |
| QUEST DIAGNOSTICS INC | **54900** | **8282214** |
| RADIUS RECYCLING INC | **6126** | **93238** |
| RALPH LAUREN CORP | **15650** | **3614837** |
| RAMBUS INC | **36935** | **1952384** |
| RECRUIT HOLDINGS CO LTD | **27337** | **1938603** |
| RED ROCK RESORTS INC | **6678** | **308791** |
| REGAL REXNORD CORP | **65818** | **10210346** |
| REGENERON PHARMACEUTICALS INC | **2874** | **2047236** |
| RENASANT CORP | **34200** | **1222650** |
| RENAULT SA | **20864** | **1016500** |
| RENESAS ELECTRONICS CORP | **51358** | **668772** |
| REPLIMUNE GROUP INC | **37459** | **453628** |
| REPUBLIC SERVICES INC | **13400** | **2695812** |
| REVOLUTION MEDICINES INC | **46084** | **2015714** |
| RHEINMETALL AG | **1100** | **700060** |
| RIGETTI COMPUTING INC | **13393** | **204377** |
| RIO TINTO PLC | **42167** | **2494214** |
| ROBINHOOD MARKETS INC | **63124** | **2352000** |
| ROCHE HOLDING AG | **13750** | **3876552** |
| ROCKET PHARMACEUTICALS INC | **45398** | **570653** |
| ROSS STORES INC | **49400** | **7472738** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| RPM INTERNATIONAL INC | **47300** | **5820738** |
| RYANAIR HOLDINGS PLC ADR | **12515** | **545529** |
| RYDER SYSTEM INC | **27009** | **4236632** |
| SAFRAN SA | **6805** | **1494579** |
| SAGE GROUP PLC/THE | **12537** | **199878** |
| SAIA INC | **8141** | **3710098** |
| SALESFORCE INC | **22036** | **7367296** |
| SAMSARA INC | **27233** | **1189810** |
| SAMSUNG ELECTRONICS CO LTD GDR | **3933** | **3579030** |
| SANSAN INC | **22762** | **332392** |
| SAP SE | **3367** | **823867** |
| SAP SE ADR | **7805** | **1921669** |
| SAVARA INC | **122171** | **375065** |
| SCHNEIDER ELECTRIC SE | **26432** | **6593514** |
| SCHNEIDER NATIONAL INC | **130058** | **3808098** |
| SCHOLAR ROCK HOLDING CORP | **28014** | **1210765** |
| SEADRILL LTD | **26470** | **1030477** |
| SEKISUI HOUSE LTD | **30700** | **738785** |
| SEMTECH CORP | **32041** | **1981736** |
| SERVICENOW INC | **14796** | **15685536** |
| SHAKE SHACK INC | **22255** | **2888699** |
| SHELL PLC | **179190** | **5556579** |
| SHIFT4 PAYMENTS INC | **6066** | **629529** |
| SHIMANO INC | **7600** | **1034385** |
| SHIONOGI & CO LTD | **106600** | **1505125** |
| SHOALS TECHNOLOGIES GROUP INC | **133684** | **739273** |
| SHOPIFY INC | **91249** | **9702506** |
| SIEMENS AG | **7898** | **1542115** |
| SILICON LABORATORIES INC | **17060** | **2119193** |
| SINGAPORE TELECOMMUNICATIONS LTD | **526249** | **1188130** |
| SIRIUSPOINT LTD | **125839** | **2062501** |
| SITIME CORP | **1958** | **420050** |
| SITIO ROYALTIES CORP | **54678** | **1048724** |
| SKANDINAVISKA ENSKILDA BANKEN | **178243** | **2443143** |
| SMARTFINANCIAL INC | **9200** | **285016** |
| SMITH DOUGLAS HOMES CORP | **14411** | **369498** |
| SMURFIT WESTROCK PLC | **90700** | **4885102** |
| SOCIETE GENERALE SA | **39197** | **1102383** |
| SOLENO THERAPEUTICS INC | **17811** | **800604** |
| SONOVA HOLDING AG | **5114** | **1672031** |
| SONY GROUP CORP | **346261** | **7422711** |
| SOUNDHOUND AI INC | **29173** | **578792** |
| SOUTHSTATE CORP | **7284** | **724612** |
| SPIRE INC | **20696** | **1403810** |
| SPOTIFY TECHNOLOGY SA | **37756** | **16891280** |
| SPROUTS FARMERS MARKET INC | **12620** | **1603623** |
| SPS COMMERCE INC | **8540** | **1571275** |
| SPYRE THERAPEUTICS INC | **25660** | **597365** |
| SS&C TECHNOLOGIES HOLDINGS INC | **72762** | **5513904** |
| SSR MINING INC | **35597** | **247755** |
| STARBUCKS CORP | **86244** | **7869765** |
| STEPSTONE GROUP INC | **34141** | **1976081** |
| STEVANATO GROUP SPA | **10198** | **222214** |
| STRUCTURE THERAPEUTICS INC ADR | **18051** | **489543** |
| SUMITOMO MITSUI TRUST GROUP INC | **24022** | **564324** |
| SUNRUN INC | **24805** | **229446** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| SURGERY PARTNERS INC | **75457** | **1597425** |
| SWEETGREEN INC | **97724** | **3133031** |
| SYMRISE AG | **17555** | **1865992** |
| SYNAPTICS INC | **11705** | **893326** |
| SYNDAX PHARMACEUTICALS INC | **34947** | **461999** |
| SYNOPSYS INC | **9852** | **4781766** |
| SYNOVUS FINANCIAL CORP | **26150** | **1339665** |
| SYSCO CORP | **94453** | **7221876** |
| SYSMEX CORP | **189950** | **3525001** |
| T ROWE PRICE GROUP INC | **43500** | **4919415** |
| TABOOLA.COM LTD | **458853** | **1674813** |
| TAIWAN SEMICONDUCTOR MANUFACTURING ADR | **62760** | **12394473** |
| TAKE-TWO INTERACTIVE SOFTWARE | **8896** | **1637576** |
| TALANX AG | **19582** | **1665769** |
| TARGET CORP | **81555** | **11024605** |
| TDK CORP | **57275** | **755297** |
| TECAN GROUP AG | **1447** | **323489** |
| TECHTRONIC INDUSTRIES CO LTD HK/00669 | **170500** | **2249789** |
| TECNOGLASS INC | **29538** | **2342954** |
| TELKOM INDONESIA PERSERO TBK PT | **9900700** | **1667030** |
| TENCENT HOLDINGS LTD HK/00700 | **56200** | **3016935** |
| TERUMO CORP | **42200** | **822196** |
| TESCO PLC | **385268** | **1777083** |
| TESLA INC | **67906** | **27423159** |
| TEXAS CAPITAL BANCSHARES INC | **29342** | **2294544** |
| TEXAS INSTRUMENTS INC | **44947** | **8428012** |
| TEXTRON INC | **72325** | **5532139** |
| THERMO FISHER SCIENTIFIC INC | **2128** | **1107049** |
| TOKYO ELECTRON LTD | **7121** | **1095835** |
| TOTALENERGIES SE | **87930** | **4859419** |
| TOWNE BANK/PORTSMOUTH VA | **21438** | **730178** |
| TRADE DESK INC/THE | **24610** | **2892413** |
| TRADEWEB MARKETS INC | **30431** | **3984027** |
| TRAINLINE PLC | **102330** | **553643** |
| TRANE TECHNOLOGIES PLC | **14868** | **5491496** |
| TRANSDIGM GROUP INC | **6431** | **8149878** |
| TRANSUNION | **45100** | **4181221** |
| TRELLEBORG AB | **21712** | **743957** |
| TRIMBLE INC | **89775** | **6343502** |
| TRINET GROUP INC | **43981** | **3992155** |
| TRIUMPH FINANCIAL INC | **4181** | **379969** |
| TRUPANION INC | **64010** | **3085282** |
| TRUSTMARK CORP | **40901** | **1446668** |
| TWIST BIOSCIENCE CORP | **50597** | **2351243** |
| TXNM ENERGY INC | **34132** | **1678270** |
| TYLER TECHNOLOGIES INC | **12638** | **7287576** |
| UBER TECHNOLOGIES INC | **57179** | **3449037** |
| UCB SA | **5252** | **1045269** |
| ULTRAGENYX PHARMACEUTICAL INC | **17470** | **734963** |
| UMB FINANCIAL CORP | **26856** | **3030968** |
| UNICHARM CORP | **156300** | **1295373** |
| UNICREDIT SPA | **25866** | **1031863** |
| UNILEVER PLC | **66699** | **3799118** |
| UNION PACIFIC CORP | **34321** | **7826561** |
| UNITED OVERSEAS BANK LTD | **92450** | **2462035** |
| URANIUM ENERGY CORP | **47283** | **316323** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| US FOODS HOLDING CORP | **181152** | **12220514** |
| VALARIS LTD | **15715** | **695232** |
| VALEO SE | **19388** | **186950** |
| VALLEY NATIONAL BANCORP | **222290** | **2013947** |
| VALMONT INDUSTRIES INC | **6057** | **1857500** |
| VAXCYTE INC | **20870** | **1708418** |
| VEEVA SYSTEMS INC | **11001** | **2312960** |
| VERACYTE INC | **76589** | **3032925** |
| VERICEL CORP | **24910** | **1367808** |
| VERISK ANALYTICS INC | **7369** | **2029644** |
| VERONA PHARMA PLC ADR | **20052** | **931215** |
| VERRA MOBILITY CORP | **29677** | **717590** |
| VERTIV HOLDINGS CO | **38528** | **4377166** |
| VIAVI SOLUTIONS INC | **228089** | **2303699** |
| VINCI SA | **10519** | **1086410** |
| VIPER ENERGY INC | **76389** | **3748408** |
| VISA INC | **16174** | **5111631** |
| VISTEON CORP | **15573** | **1381637** |
| VITA COCO CO INC/THE | **20180** | **744844** |
| VITAL FARMS INC | **11817** | **445383** |
| WALMART INC | **42225** | **3815029** |
| WARRIOR MET COAL INC | **9450** | **512568** |
| WASTE MANAGEMENT INC | **27639** | **5577274** |
| WELLS FARGO & CO | **46451** | **3262718** |
| WERNER ENTERPRISES INC | **63380** | **2276610** |
| WEST PHARMACEUTICAL SERVICES INC | **23297** | **7631165** |
| WESTINGHOUSE AIR BRAKE TECHNOLOGIES | **10580** | **2005862** |
| WESTLAKE CORP | **54800** | **6282820** |
| WHITE MOUNTAINS INSURANCE GROUP | **451** | **877222** |
| WHITEHAVEN COAL LTD | **84808** | **325555** |
| WILLIS TOWERS WATSON PLC | **32600** | **10211624** |
| WINGSTOP INC | **4128** | **1173178** |
| WISDOMTREE INC | **106688** | **1120224** |
| WISE PLC | **43574** | **581738** |
| WIX.COM LTD | **3321** | **712521** |
| WOLTERS KLUWER NV | **3582** | **594949** |
| WORTHINGTON ENTERPRISES INC | **4912** | **197020** |
| WORTHINGTON STEEL INC | **4405** | **140167** |
| WPP PLC | **90293** | **935648** |
| WW GRAINGER INC | **2675** | **2819584** |
| XCEL ENERGY INC | **74200** | **5009984** |
| XYLEM INC/NY | **64058** | **7432009** |
| ZEBRA TECHNOLOGIES CORP | **13500** | **5213970** |
| ZENAS BIOPHARMA INC | **16839** | **137911** |
| ZETA GLOBAL HOLDINGS CORP | **26352** | **474072** |
| ZSCALER INC | **13333** | **2405407** |
| ZTO EXPRESS CAYMAN INC ADR | **84321** | **1648128** |
| **Total Common Stock** |  | $**2468184683** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| **Mutual Funds** | | |
| DREYFUS INS RSRV PR MONEY 6546 | **84186148** | $**84186148** |
| ISHARES CORE MSCI EAFE ETF | **53731** | **3776215** |
| ISHARES RUSSELL 2000 ETF | **23661** | **5228135** |
| PIMCO FDS SHORT TERM FLTG NAV PORT II | **1223133** | **12252118** |
| **Total Mutual Funds** |  | $**105442616** |
| **Real Estate Investment Trusts** |  |  |
| ACADIA REALTY TRUST | **46291** | $**1118391** |
| AGREE REALTY CORP | **48580** | **3422461** |
| ALEXANDRIA REAL ESTATE EQUITIES | **49330** | **4812142** |
| AMERICAN HEALTHCARE REIT INC | **194249** | **5520556** |
| AMERICAN HOMES 4 RENT | **5730** | **214417** |
| AMERICAN TOWER CORP 3.375% 10/15/26 DD 05/13/16 | **275000** | **268607** |
| AMERICOLD REALTY TRUST INC | **84410** | **1806374** |
| BRIXMOR PROPERTY GROUP INC | **174540** | **4859194** |
| BROADSTONE NET LEASE INC | **91936** | **1458105** |
| BXP INC | **50470** | **3752949** |
| CAMDEN PROPERTY TRUST | **124730** | **14473669** |
| CARETRUST REIT INC | **62690** | **1695765** |
| COUSINS PROPERTIES INC | **120330** | **3686911** |
| CROWN CASTLE INC 1.350% 07/15/25 DD 06/15/20 | **300000** | **294251** |
| CUBESMART | **43420** | **1860547** |
| DIAMONDROCK HOSPITALITY CO | **141722** | **1279750** |
| DIGITAL REALTY TRUST INC | **66500** | **11792445** |
| DOUGLAS EMMETT INC | **42350** | **786016** |
| EASTGROUP PROPERTIES INC | **12417** | **1992804** |
| ELME COMMUNITIES | **14320** | **218666** |
| EMPIRE STATE REALTY TRUST INC | **20340** | **209909** |
| EQUINIX INC | **20040** | **18895516** |
| EQUITY LIFESTYLE PROPERTIES INC | **68300** | **4548780** |
| EQUITY RESIDENTIAL | **104560** | **7503226** |
| ESSENTIAL PROPERTIES REALTY TRUST | **88569** | **2770438** |
| EXTRA SPACE STORAGE INC | **81163** | **12141985** |
| FEDERAL REALTY INVESTMENT TRUST | **23010** | **2575970** |
| FIRST INDUSTRIAL REALTY TRUST | **45740** | **2292946** |
| HEALTHPEAK PROPERTIES INC | **256380** | **5196823** |
| HOST HOTELS & RESORTS INC | **258250** | **4524540** |
| INDEPENDENCE REALTY TRUST INC | **149652** | **2969096** |
| INVENTRUST PROPERTIES CORP | **29191** | **879525** |
| INVITATION HOMES INC | **272180** | **8701595** |
| IRON MOUNTAIN INC | **42500** | **4467175** |
| KILROY REALTY CORP | **26070** | **1054532** |
| KIMCO REALTY CORP | **189200** | **4432956** |
| KITE REALTY GROUP TRUST | **86170** | **2174931** |
| KKR REAL ESTATE FINANCE TRUST | **37830** | **382083** |
| KLEPIERRE SA | **59161** | **1703062** |
| LADDER CAPITAL CORP | **81641** | **913563** |
| LAMAR ADVERTISING CO | **77310** | **9411719** |
| LINEAGE INC | **79190** | **4638158** |
| MACERICH CO/THE | **163516** | **3257238** |
| NATIONAL HEALTH INVESTORS INC | **13588** | **941648** |
| NETSTREIT CORP | **65370** | **924986** |
| NNN REIT INC | **256426** | **10475002** |
| OMEGA HEALTHCARE INVESTORS INC | **68530** | **2593861** |
| OUTFRONT MEDIA INC | **130825** | **2320836** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| PEBBLEBROOK HOTEL TRUST | **49791** | **674668** |
| PROLOGIS INC | **139430** | **14737751** |
| PUBLIC STORAGE | **18750** | **5614500** |
| REALTY INCOME CORP | **117994** | **6302060** |
| REDWOOD TRUST INC | **74730** | **487987** |
| REXFORD INDUSTRIAL REALTY INC | **91860** | **3551308** |
| SBA COMMUNICATIONS CORP | **51498** | **10495292** |
| SIMON PROPERTY GROUP INC | **43110** | **7423973** |
| SL GREEN REALTY CORP | **38281** | **2600045** |
| STOCKLAND | **355544** | **1056648** |
| SUN COMMUNITIES INC | **36350** | **4469960** |
| SUNSTONE HOTEL INVESTORS INC | **44887** | **531462** |
| TANGER INC | **86777** | **2961699** |
| TPG RE FINANCE TRUST INC | **50266** | **427261** |
| UDR INC | **202050** | **8770991** |
| VENTAS INC | **140920** | **8298779** |
| VICI PROPERTIES INC | **224640** | **6561734** |
| VORNADO REALTY TRUST | **45800** | **1925432** |
| WELLTOWER INC | **106870** | **13468826** |
| XENIA HOTELS & RESORTS INC | **126205** | **1875209** |
| **Total Real Estate Investment Trusts** |  | $**290451704** |
| **Commodities** |  |  |
| GOLD BARS | **119** | $**30895372** |
| **Total Commodities** |  | $**30895372** |
| **Derivative Assets** |  |  |
| BRENT CRUDE FUTURE (ICE) EXP JUL 25 | **1318518** | $**—** |
| BRENT CRUDE FUTURE (ICE) EXP MAR 25 | **447846** | **—** |
| BRENT CRUDE OIL (ICE) EXP DEC 26 | **977074** | **—** |
| BRENT CRUDE OIL (ICE) EXP JUN 25 | **1691903** | **—** |
| BRENT CRUDE OIL (ICE) EXP OCT 25 | **1302138** | **—** |
| BRENT CRUDE OIL FUTURE (ICE) EXP SEP 25 | **4503122** | **—** |
| CA CARBON ALLOW FUTURE (IFE) EXP DEC 25 | **4166565** | **—** |
| COCOA FUTURE (NYB) EXP MAR 25 | **233502** | **—** |
| COFFEE 'C' FUTURE (NYB) EXP JUL 25 | **231340** | **—** |
| COFFEE 'C' FUTURE (NYB) EXP MAR 25 | **119907** | **—** |
| COFFEE 'C' FUTURE (NYB) EXP MAY 25 | **354209** | **—** |
| COM FWD EUROBOBCO CAL25 2025 DEC 31 | **12000** | **26952** |
| COM FWD EUROBOBCO 3Q25 11.35 2025 SEP 30 | **3000** | **1687** |
| COMMIT TO PUR FNMA SF MTG 5.500% 01/01/55 DD 01/01/25 | **2500000** | **33775** |
| COMMIT TO PUR FNMA SF MTG 5.500% 02/01/55 DD 02/01/25 | **2400000** | **34112** |
| COPPER FUTURE (CMX) EXP MAR 25 | **100664** | **—** |
| CORN FUTURE (CBT) EXP JUL 25 | **351578** | **—** |
| CORN FUTURE (CBT) EXP MAY 25 | **93154** | **—** |
| CRUDE OIL FUTURE (NYM) EXP JUL 25 | **1396820** | **—** |
| CRUDE OIL FUTURE (NYM) EXP SEP 25 | **2351134** | **—** |
| ECX EMISSION (EDX) EXP MAR 25 | **148223** | **—** |
| GASOLINE RBOB FUTURE (NYM) EXP APR 25 | **748448** | **—** |
| GASOLINE RBOB FUTURE (NYM) EXP DEC 25 | **552933** | **—** |
| GASOLINE RBOB FUTURE (NYM) EXP FEB 25 | **84387** | **—** |
| GASOLINE RBOB FUTURE (NYM) EXP SEP 25 | **442118** | **—** |
| HENRY HB LD1 (IFE) EXP FEB 30 | **34004** | **—** |
| HENRY HB LD1 (IFE) EXP FEB 31 | **16877** | **—** |
| HENRY HB LD1 (IFE) EXP JAN 30 | **33144** | **—** |
| HENRY HB LD1 (IFE) EXP JAN 31 | **16877** | **—** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| HENRY HB LD1 FUT (IFE) EXP APR 30 | **34004** | **—** |
| HENRY HB LD1 FUT (IFE) EXP APR 31 | **16877** | **—** |
| HENRY HB LD1 FUT (IFE) EXP AUG 30 | **34004** | **—** |
| HENRY HB LD1 FUT (IFE) EXP AUG 31 | **16877** | **—** |
| HENRY HB LD1 FUT (IFE) EXP DEC 30 | **34004** | **—** |
| HENRY HB LD1 FUT (IFE) EXP DEC 31 | **16877** | **—** |
| HENRY HB LD1 FUT (IFE) EXP JUN 30 | **34004** | **—** |
| HENRY HB LD1 FUT (IFE) EXP JUN 31 | **16877** | **—** |
| HENRY HB LD1 FUT (IFE) EXP MAR 30 | **34004** | **—** |
| HENRY HB LD1 FUT (IFE) EXP MAR 31 | **16877** | **—** |
| HENRY HB LD1 FUT (IFE) EXP MAY 30 | **34004** | **—** |
| HENRY HB LD1 FUT (IFE) EXP MAY 31 | **16877** | **—** |
| HENRY HB LD1 FUT (IFE) EXP NOV 30 | **34004** | **—** |
| HENRY HB LD1 FUT (IFE) EXP NOV 31 | **16877** | **—** |
| HENRY HB LD1 FUT (IFE) EXP OCT 30 | **34004** | **—** |
| HENRY HB LD1 FUT (IFE) EXP OCT 31 | **16877** | **—** |
| HENRY HB LD1 FUT (IFE) EXP SEP 30 | **34004** | **—** |
| HENRY HB LD1 FUT (IFE) EXP SEP 31 | **16877** | **—** |
| HENRY HUB LD1 FUT (IFE) EXP JUL 30 | **34004** | **—** |
| HENRY HUB LD1 FUT (IFE) EXP JUL 31 | **16877** | **—** |
| KC HRW WHEAT FUTURE (CBT) EXP MAR 25 | **727051** | **—** |
| LIVE CATTLE FUTURE (CME) EXP APR 25 | **699399** | **—** |
| LIVE CATTLE FUTURE (CME) EXP FEB 25 | **153282** | **—** |
| NATURAL GAS FUTURE (ICE) EXP MAR 25 | **233281** | **—** |
| NATURAL GAS FUTURE (NYM) EXP APR 25 | **92103** | **—** |
| NATURAL GAS FUTURE (NYM) EXP JUL 25 | **70442** | **—** |
| NATURAL GAS FUTURE (NYM) EXP MAR 25 | **991392** | **—** |
| NATURAL GAS FUTURE (NYM) EXP MAR 26 | **339939** | **—** |
| NATURAL GAS FUTURE (NYM) EXP OCT 25 | **904775** | **—** |
| NY HARB ULSD FUTURE (NYM) EXP FEB 25 | **97290** | **—** |
| NY HARB ULSD FUTURE (NYM) EXP JUN 25 | **842873** | **—** |
| NY HARB ULSD FUTURE (NYM) EXP MAR 25 | **481829** | **—** |
| SILVER FUTURE (CMX) EXP MAR 25 | **1169688** | **—** |
| SINGM92U VS BR1STL FUT (ISF) EXP FEB 25 | **5451** | **—** |
| SINGM92U VS BR1STL FUT (ISF) EXP MAR 25 | **5451** | **—** |
| SOYBEAN FUTURE (CBT) EXP MAR 25 | **1061046** | **—** |
| SOYBEAN FUTURE (CBT) EXP NOV 25 | **102527** | **—** |
| SOYBEAN MEAL FUTURE (CBT) EXP MAR 25 | **2059915** | **—** |
| SUGAR #11 WORLD FUTURE (NYB) EXP JUL 25 | **156808** | **—** |
| SUGAR #11 WORLD FUTURE (NYB) EXP MAY 25 | **39986** | **—** |
| TRS EL BCOMF1NTC INDEX P 0% 2025 FEB 18 | **7186207** | **2062** |
| TRS EL JMABFNJ2 EQUITY P 0% 2026 JAN 30 | **1833114** | **—** |
| TRS EL SPGCESTR EQUITY P TBILDI3M 16 BPS 2025 FEB 18 | **51544659** | **148213** |
| TRS EL SPGCESTR EQUITY P TBILDI3M 17 BPS 2025 FEB 18 | **15722515** | **43583** |
| TRS EL SPGCESTR EQUITY P TBILL 17 BPS 2025 FEB 18 | **7829847** | **22902** |
| TRS EL SPGCESTR INDEX P TBILDI3M +16BPS 2025 FEB 18 | **44063954** | **127125** |
| TTF NAT GAS F FUTURE (EDX) EXP APR 26 | **28784** | **—** |
| TTF NAT GAS F FUTURE (EDX) EXP FEB 25 | **68041** | **—** |
| TTF NAT GAS F FUTURE (EDX) EXP FEB 26 | **91052** | **—** |
| TTF NAT GAS F FUTURE (EDX) EXP JAN 26 | **102541** | **—** |
| TTF NAT GAS F FUTURE (EDX) EXP JUN 26 | **27714** | **—** |
| TTF NAT GAS F FUTURE (EDX) EXP MAR 25 | **37498** | **—** |
| TTF NAT GAS F FUTURE (EDX) EXP MAR 26 | **97602** | **—** |
| TTF NAT GAS F FUTURE (EDX) EXP MAY 26 | **28985** | **—** |
| US 2YR TREAS NTS FUTURE (CBT) EXP MAR 25 | **53253087** | **—** |
| US 5YR TREAS NTS FUTURE (CBT) EXP MAR 25 | **3508088** | **—** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| US 10YR TREAS NTS FUTURE (CBT) EXP MAR 25 | **10113843** | **—** |
| VARS GOLDLNPM 0.06325225 JPM 2026 APR 10 | **7078000** | **263772** |
| WTI CRUDE FUTURE (NYM) EXP AUG 25 | **1389820** | **—** |
| WTI CRUDE FUTURE (NYM) EXP DEC 26 | **328705** | **—** |
| WTI CRUDE FUTURE (NYM) EXP MAR 25 | **71251** | **—** |
| WTI CRUDE FUTURE (NYM) EXP OCT 25 | **481677** | **—** |
| ZINC FUTURE (LME) EXP MAR 25 | **223529** | **—** |
| **Total Derivative Assets** |  | $**704183** |
| **Total Investment Assets (at fair value)** |  | $**12558191807** |
| **Separately Managed Accounts** |  |  |
| **Derivative Liabilities** |  |  |
| ALUMINUM HG FUTURE (LME) EXP MAR 25 | **702628** | $**—** |
| BRENT CRUDE FUTURE (ICE) APR 25 CALL APR 25 090.000 ED 022525 | **10** | **—** |
| BRENT CRUDE FUTURE (ICE) EXP AUG 25 | **437646** | **—** |
| BRENT CRUDE FUTURE (ICE) EXP DEC 27 | **687810** | **—** |
| BRENT CRUDE FUTURE (ICE) EXP MAY 25 | **1773144** | **—** |
| BRENT CRUDE FUTURE (ICE) EXP NOV 25 | **648639** | **—** |
| BRENT CRUDE FUTURE (ICE) MAR 25 CALL MAR 25 085.000 ED 012825 | **10** | **—** |
| BRENT CRUDE OIL (ICE) EXP DEC 25 | **1220787** | **—** |
| BRENT CRUDE OIL (ICE) EXP FEB 26 | **633082** | **—** |
| BRENT CRUDE OIL (ICE) EXP JAN 26 | **1716984** | **—** |
| BRENT CRUDE OIL FUTURE (ICE) EXP APR 25 | **593928** | **—** |
| BRT/DUBAI 1ST LN FUTURE (ISF) EXP APR 25 | **882** | **—** |
| BRT/DUBAI 1ST LN FUTURE (ISF) EXP JUN 25 | **862** | **—** |
| BRT/DUBAI 1ST LN FUTURE (ISF) EXP MAR 25 | **1284** | **—** |
| BRT/DUBAI 1ST LN FUTURE (ISF) EXP MAY 25 | **401** | **—** |
| COFF ROBUSTA 10TN FUTURE (ICE) EXP MAR 25 | **487510** | **—** |
| COFF ROBUSTA 10TN FUTURE (ICE) EXP MAY 25 | **192204** | **—** |
| COM FWD EUROBOBCO 1Q25 8.35 2025 MAR 31 | **6000** | **(1654)** |
| COM FWD EUROBOBCO 3Q25 11.35 2025 SEP 30 | **3000** | **—** |
| COM FWD EUROBOBCO CAL25 2025 DEC 31 | **12000** | **—** |
| CORN FUTURE (CBT) EXP DEC 25 | **155320** | **—** |
| CORN FUTURE (CBT) EXP MAR 25 | **2430156** | **—** |
| COTTON NO 2 FUTURE (NYB) EXP JUL 25 | **352510** | **—** |
| COTTON NO 2 FUTURE (NYB) EXP MAR 25 | **239407** | **—** |
| COTTON NO 2 FUTURE (NYB) EXP MAY 25 | **104238** | **—** |
| CRUDE OIL FUTURE (NYM) EXP APR 25 | **708610** | **—** |
| CRUDE OIL FUTURE (NYM) EXP DEC 25 | **477337** | **—** |
| CRUDE OIL FUTURE (NYM) EXP DEC 27 | **257364** | **—** |
| CRUDE OIL FUTURE (NYM) EXP FEB 25 | **143442** | **—** |
| CRUDE OIL FUTURE (NYM) EXP JUN 25 | **1964788** | **—** |
| CRUDE OIL FUTURE (NYM) EXP MAY 25 | **705010** | **—** |
| CRUDE OIL FUTURE (NYM) EXP NOV 25 | **685010** | **—** |
| CRUDE OIL FUTURE OPT MAR 25 CALL FEB 24 078.000 ED 021425 | **10** | **—** |
| GAS OIL FUTURE (ICE) EXP JUN 25 | **1825227** | **—** |
| GASOLINE RBOB FUTURE (NYM) EXP JUN 25 | **557480** | **—** |
| GASOLINE RBOB FUTURE (NYM) EXP OCT 25 | **409442** | **—** |
| GOLD 100 OZ FUTURE (CMX) APR 25 CALL FEB 25 2900.000 ED 022525 | **10** | **—** |
| GOLD 100 OZ FUTURE (CMX) EXP APR 25 | **30392514** | **—** |
| GOLD 100 OZ FUTURE (CMX) EXP FEB 25 | **3433313** | **—** |
| GOLD 100 OZ FUTURE (CMX) FEB 25 CALL JAN 25 2750.000 ED 012825 | **10** | **—** |
| HENRY HB LD1 (IFE) EXP FEB 26 | **17722** | **—** |
| HENRY HB LD1 (IFE) EXP JAN 26 | **17722** | **—** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| HENRY HB LD1 (IFE) EXP MAR 26 | **17722** | **—** |
| HENRY HB LD1 FUT (IFE) EXP APR 26 | **17722** | **—** |
| HENRY HB LD1 FUT (IFE) EXP DEC 26 | **17722** | **—** |
| HENRY HB LD1 FUT (IFE) EXP MAY 26 | **17722** | **—** |
| HENRY HB LD1 FUT (IFE) EXP NOV 26 | **17722** | **—** |
| HENRY HB LD1 FUT (IFE) EXP OCT 26 | **17722** | **—** |
| HENRY HUB LD1 FUT (IFE) EXP AUG 26 | **17722** | **—** |
| HENRY HUB LD1 FUT (IFE) EXP JUL 26 | **17722** | **—** |
| HENRY HUB LD1 FUT (IFE) EXP JUN 26 | **17722** | **—** |
| HENRY HUB LD1 FUT (IFE) EXP SEP 26 | **17722** | **—** |
| IRON ORE 62% (SGX) EXP MAR 25 | **50035** | **—** |
| KC HRW WHEAT FUTURE (CBT) EXP JUL 25 | **432015** | **—** |
| KC HRW WHEAT FUTURE (CBT) EXP MAY 25 | **28389** | **—** |
| LEAD FUTURE (LME) EXP MAR 25 | **340932** | **—** |
| LEAN HOGS FUTURE (CME) EXP APR 25 | **588727** | **—** |
| LEAN HOGS FUTURE (CME) EXP FEB 25 | **162605** | **—** |
| LOW SU GASOIL G FUTURE (ICE) EXP MAR 25 | **481607** | **—** |
| NATURAL GAS FUTURE (NYM) EXP FEB 25 | **1562233** | **—** |
| NATURAL GAS FUTURE (NYM) EXP JAN 26 | **1583074** | **—** |
| NATURAL GAS FUTURE (NYM) EXP MAY 25 | **315710** | **—** |
| NICKEL FUTURE (LME) EXP MAR 25 | **826389** | **—** |
| PALLADIUM FUTURE (NYM) EXP MAR 25 | **181962** | **—** |
| PLATINUM FUTURE (NYM) EXP APR 25 | **227630** | **—** |
| SNG KEROS V SNG GA EXP MAR 25 | **802** | **—** |
| SNG KEROS VS SNG GASOIL (ISF) EXP APR 25 | **431** | **—** |
| SNG KEROS VS SNG GASOIL (ISF) EXP JUN 25 | **431** | **—** |
| SNG KEROS VS SNG GASOIL (ISF) EXP MAY 25 | **431** | **—** |
| SNG KEROS VS SNG GASOIL EXP AUG 25 | **702** | **—** |
| SNG KEROS VS SNG GASOIL EXP JUL 25 | **702** | **—** |
| SNG KEROS VS SNG GASOIL EXP SEP 25 | **702** | **—** |
| SOYBEAN FUTURE (CBT) EXP JUL 25 | **362170** | **—** |
| SOYBEAN FUTURE (CBT) EXP MAY 25 | **102227** | **—** |
| SOYBEAN MEAL FUTURE (CBT) EXP JUL 25 | **327610** | **—** |
| SOYBEAN MEAL FUTURE (CBT) EXP MAY 25 | **96813** | **—** |
| SOYBEAN OIL FUTURE (CBT) EXP JUL 25 | **122825** | **—** |
| SOYBEAN OIL FUTURE (CBT) EXP MAR 25 | **242170** | **—** |
| SOYBEAN OIL FUTURE (CBT) EXP MAY 25 | **24415** | **—** |
| SUGAR #11 (WORLD) FUTURE EXP MAR 25 | **453016** | **—** |
| TRS_FL BCOMF1NTC INDEX P 0% 2025 FEB 18 | **56439** | **—** |
| TRS_FL JMABFNJ2 EQUITY P 0% 2026 JAN 30 | **17294** | **—** |
| TRS_FL SPGCESTR EQUITY P TBILDI3M 16 BPS 2025 FEB 18 | **83777** | **—** |
| TRS_FL SPGCESTR EQUITY P TBILDI3M 17 BPS 2025 FEB 18 | **24670** | **—** |
| TRS_FL SPGCESTR EQUITY P TBILL 17 BPS 2025 FEB 18 | **12962** | **—** |
| TRS_FL SPGCESTR INDEX P TBILDI3M +16BPS 2025 FEB 18 | **71860** | **—** |
| TTF NAT GAS F FUTURE (EDX) EXP APR 25 | **36135** | **—** |
| TTF NAT GAS F FUTURE (EDX) EXP AUG 25 | **147137** | **—** |
| TTF NAT GAS F FUTURE (EDX) EXP JUL 25 | **147652** | **—** |
| TTF NAT GAS F FUTURE (EDX) EXP JUN 25 | **35880** | **—** |
| TTF NAT GAS F FUTURE (EDX) EXP MAY 25 | **37160** | **—** |
| TTF NAT GAS F FUTURE (EDX) EXP SEP 25 | **142618** | **—** |
| US 10YR TREAS NTS FUTURE (CBT) EXP MAR 25 | **7395068** | **—** |
| US 10YR ULTRA FUTURE (CBT) EXP MAR 25 | **1558389** | **—** |
| US TREAS BD FUTURE (CBT) EXP MAR 25 | **4553790** | **—** |
| US ULTRA BOND (CBT) EXP MAR 25 | **356722** | **—** |
| VARS GOLDLNPM 0.06325225 JPM 2026 APR 10 | **7078000** | **—** |
| WHEAT FUTURE (CBT) EXP JUL 25 | **170856** | **—** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Held at End of Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | |
| **rate of interest, collateral, par, or maturity value** | **Shares / Par Value** | **Current Value** |
| WHEAT FUTURE (CBT) EXP MAR 25 | **1654560** | **—** |
| WHEAT FUTURE (CBT) EXP MAY 25 | **56252** | **—** |
| WTI CRUDE FUTURE (ICE) EXP DEC 25 | **340955** | **—** |
| WTI CRUDE FUTURE (ICE) EXP JUN 25 | **771881** | **—** |
| WTI CRUDE FUTURE (ICE) EXP MAR 25 | **926263** | **—** |
| WTI CRUDE FUTURE (NYM) CALL JAN 25 084.000 ED 011525 | **10** | **—** |
| WTI CRUDE FUTURE (NYM) EXP FEB 26 | **338005** | **—** |
| WTI CRUDE FUTURE (NYM) EXP JAN 26 | **678810** | **—** |
| **Total Derivative Liabilities** |  | $**(1654)** |
| **Total Investment Liabilities (at fair value)** |  | $**(1654)** |
| **Total Investment Assets less Investment Liabilities** |  | $**12558190153** |
| **\*Notes Receivable from Participants with interest rates ranging from 4.25% to 9.50% with maturities up to 30 years** |  | $**31125348** |
| **Total Investments, net** |  | $**12589315501** |
| \* Denotes party-in-interest |  |  |
| Note: Par value is reflected in the underlying currency of the security, where applicable. |  |  |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| **Securities Purchased Under Agreements to Resell** | | |
| BARCLAYS CAPITAL REV REPO 5.300% 03/11/24 DD 03/08/24 | **59600000** | $**59600000** |
| BARCLAYS CAPITAL REV REPO 5.310% 02/23/24 DD 02/22/24 | **100000** | **100000** |
| BARCLAYS CAPITAL REV REPO 5.320% 01/23/24 DD 01/22/24 | **100000** | **100000** |
| BARCLAYS CAPITAL REV REPO 5.320% 02/21/24 DD 02/20/24 | **100000** | **100000** |
| BARCLAYS CAPITAL REV REPO 5.320% 04/19/24 DD 04/18/24 | **100000** | **100000** |
| BARCLAYS CAPITAL REV REPO 5.330% 02/16/24 DD 02/15/24 | **100000** | **100000** |
| BARCLAYS CAPITAL REV REPO 5.330% 04/22/24 DD 04/19/24 | **100000** | **100000** |
| BARCLAYS CAPITAL REV REPO 5.340% 03/06/24 DD 03/05/24 | **60000000** | **60000000** |
| BARCLAYS CAPITAL REV REPO 5.340% 05/21/24 DD 05/20/24 | **100000** | **100000** |
| BARCLAYS CAPITAL REV REPO 5.350% 02/07/24 DD 02/06/24 | **58900000** | **58900000** |
| BARCLAYS CAPITAL REV REPO 5.350% 04/25/24 DD 04/24/24 | **54400000** | **54400000** |
| BARCLAYS CAPITAL REV REPO 5.350% 05/09/24 DD 05/08/24 | **100000** | **100000** |
| BARCLAYS CAPITAL REV REPO 5.350% 05/14/24 DD 05/13/24 | **50800000** | **50800000** |
| BARCLAYS CAPITAL REV REPO 5.360% 01/09/24 DD 01/08/24 | **61700000** | **61700000** |
| BARCLAYS CAPITAL REV REPO 5.370% 04/08/24 DD 04/05/24 | **9800000** | **9800000** |
| BARCLAYS CAPITAL REV REPO 5.380% 01/26/24 DD 01/25/24 | **100000** | **100000** |
| BARCLAYS CAPITAL REV REPO 5.390% 07/08/24 DD 07/05/24 | **100000** | **100000** |
| BARCLAYS CAPITAL REV REPO 5.400% 06/05/24 DD 06/04/24 | **51000000** | **51000000** |
| BARCLAYS CAPITAL REV REPO 5.420% 04/04/24 DD 04/03/24 | **100000** | **100000** |
| BARCLAYS CAPITAL REV REPO 5.420% 07/11/24 DD 07/10/24 | **56200000** | **56200000** |
| BARCLAYS CAPITAL REV REPO 5.430% 07/19/24 DD 07/18/24 | **100000** | **100000** |
| BARCLAYS CAPITAL REV REPO 5.430% 08/14/24 DD 08/13/24 | **100000** | **100000** |
| BARCLAYS CAPITAL REV REPO 5.450% 07/29/24 DD 07/26/24 | **100000** | **100000** |
| BARCLAYS CAPITAL REV REPO 5.460% 01/05/24 DD 01/04/24 | **60200000** | **60200000** |
| BNP PARIBAS REV REPO 4.260% 12/20/24 DD 12/19/24 | **44500000** | **44500000** |
| BNP PARIBAS REV REPO 4.300% 12/23/24 DD 12/20/24 | **5700000** | **5700000** |
| BNP PARIBAS REV REPO 4.300% 12/24/24 DD 12/23/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 4.340% 12/26/24 DD 12/24/24 | **37700000** | **37700000** |
| BNP PARIBAS REV REPO 4.380% 12/24/24 DD 12/23/24 | **5600000** | **5600000** |
| BNP PARIBAS REV REPO 4.480% 12/31/24 DD 12/30/24 | **6100000** | **6100000** |
| BNP PARIBAS REV REPO 4.560% 11/20/24 DD 11/19/24 | **39400000** | **39400000** |
| BNP PARIBAS REV REPO 4.560% 12/31/24 DD 12/30/24 | **38000000** | **38000000** |
| BNP PARIBAS REV REPO 4.580% 11/27/24 DD 11/26/24 | **44100000** | **44100000** |
| BNP PARIBAS REV REPO 4.600% 11/18/24 DD 11/15/24 | **43500000** | **43500000** |
| BNP PARIBAS REV REPO 4.600% 11/19/24 DD 11/18/24 | **43500000** | **43500000** |
| BNP PARIBAS REV REPO 4.600% 11/21/24 DD 11/20/24 | **41100000** | **41100000** |
| BNP PARIBAS REV REPO 4.600% 11/29/24 DD 11/27/24 | **44300000** | **44300000** |
| BNP PARIBAS REV REPO 4.600% 12/19/24 DD 12/18/24 | **48000000** | **48000000** |
| BNP PARIBAS REV REPO 4.610% 12/30/24 DD 12/27/24 | **6100000** | **6100000** |
| BNP PARIBAS REV REPO 4.620% 11/13/24 DD 11/12/24 | **46200000** | **46200000** |
| BNP PARIBAS REV REPO 4.620% 12/13/24 DD 12/12/24 | **5400000** | **5400000** |
| BNP PARIBAS REV REPO 4.630% 11/14/24 DD 11/13/24 | **45500000** | **45500000** |
| BNP PARIBAS REV REPO 4.640% 11/12/24 DD 11/08/24 | **46900000** | **46900000** |
| BNP PARIBAS REV REPO 4.640% 11/26/24 DD 11/25/24 | **43700000** | **43700000** |
| BNP PARIBAS REV REPO 4.650% 12/05/24 DD 12/04/24 | **6800000** | **6800000** |
| BNP PARIBAS REV REPO 4.650% 12/09/24 DD 12/06/24 | **25200000** | **25200000** |
| BNP PARIBAS REV REPO 4.650% 12/16/24 DD 12/13/24 | **7000000** | **7000000** |
| BNP PARIBAS REV REPO 4.710% 12/11/24 DD 12/10/24 | **41600000** | **41600000** |
| BNP PARIBAS REV REPO 4.770% 11/07/24 DD 11/06/24 | **46600000** | **46600000** |
| BNP PARIBAS REV REPO 4.800% 10/11/24 DD 10/10/24 | **5500000** | **5500000** |
| BNP PARIBAS REV REPO 4.800% 11/06/24 DD 11/05/24 | **44800000** | **44800000** |
| BNP PARIBAS REV REPO 4.820% 10/29/24 DD 10/28/24 | **6300000** | **6300000** |
| BNP PARIBAS REV REPO 4.830% 10/15/24 DD 10/11/24 | **48900000** | **48900000** |
| BNP PARIBAS REV REPO 4.830% 10/28/24 DD 10/25/24 | **46700000** | **46700000** |
| BNP PARIBAS REV REPO 4.830% 10/31/24 DD 10/30/24 | **5600000** | **5600000** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| BNP PARIBAS REV REPO 4.840% 10/21/24 DD 10/18/24 | **47100000** | **47100000** |
| BNP PARIBAS REV REPO 4.850% 11/05/24 DD 11/04/24 | **44800000** | **44800000** |
| BNP PARIBAS REV REPO 4.850% 11/08/24 DD 11/07/24 | **47400000** | **47400000** |
| BNP PARIBAS REV REPO 4.870% 10/04/24 DD 10/03/24 | **47700000** | **47700000** |
| BNP PARIBAS REV REPO 4.870% 10/07/24 DD 10/04/24 | **6300000** | **6300000** |
| BNP PARIBAS REV REPO 4.870% 10/08/24 DD 10/07/24 | **50200000** | **50200000** |
| BNP PARIBAS REV REPO 4.870% 10/16/24 DD 10/15/24 | **51000000** | **51000000** |
| BNP PARIBAS REV REPO 4.870% 10/23/24 DD 10/22/24 | **45600000** | **45600000** |
| BNP PARIBAS REV REPO 4.870% 10/24/24 DD 10/23/24 | **45800000** | **45800000** |
| BNP PARIBAS REV REPO 4.880% 10/10/24 DD 10/09/24 | **49900000** | **49900000** |
| BNP PARIBAS REV REPO 4.890% 09/26/24 DD 09/25/24 | **48300000** | **48300000** |
| BNP PARIBAS REV REPO 4.890% 09/27/24 DD 09/26/24 | **47400000** | **47400000** |
| BNP PARIBAS REV REPO 4.890% 11/01/24 DD 10/31/24 | **42900000** | **42900000** |
| BNP PARIBAS REV REPO 4.900% 09/30/24 DD 09/27/24 | **47500000** | **47500000** |
| BNP PARIBAS REV REPO 4.900% 11/04/24 DD 11/01/24 | **44800000** | **44800000** |
| BNP PARIBAS REV REPO 4.910% 10/17/24 DD 10/16/24 | **47300000** | **47300000** |
| BNP PARIBAS REV REPO 4.930% 10/18/24 DD 10/17/24 | **50200000** | **50200000** |
| BNP PARIBAS REV REPO 5.270% 02/22/24 DD 02/21/24 | **64300000** | **64300000** |
| BNP PARIBAS REV REPO 5.270% 02/23/24 DD 02/22/24 | **60900000** | **60900000** |
| BNP PARIBAS REV REPO 5.270% 06/25/24 DD 06/24/24 | **2900000** | **2900000** |
| BNP PARIBAS REV REPO 5.280% 01/23/24 DD 01/22/24 | **61800000** | **61800000** |
| BNP PARIBAS REV REPO 5.280% 02/21/24 DD 02/20/24 | **64800000** | **64800000** |
| BNP PARIBAS REV REPO 5.280% 04/19/24 DD 04/18/24 | **59500000** | **59500000** |
| BNP PARIBAS REV REPO 5.290% 01/22/24 DD 01/19/24 | **62000000** | **62000000** |
| BNP PARIBAS REV REPO 5.290% 01/24/24 DD 01/23/24 | **62000000** | **62000000** |
| BNP PARIBAS REV REPO 5.290% 02/16/24 DD 02/15/24 | **61000000** | **61000000** |
| BNP PARIBAS REV REPO 5.290% 02/29/24 DD 02/28/24 | **10300000** | **10300000** |
| BNP PARIBAS REV REPO 5.290% 03/20/24 DD 03/19/24 | **10900000** | **10900000** |
| BNP PARIBAS REV REPO 5.290% 03/21/24 DD 03/20/24 | **63300000** | **63300000** |
| BNP PARIBAS REV REPO 5.300% 01/25/24 DD 01/24/24 | **61700000** | **61700000** |
| BNP PARIBAS REV REPO 5.300% 02/14/24 DD 02/13/24 | **60200000** | **60200000** |
| BNP PARIBAS REV REPO 5.300% 02/26/24 DD 02/23/24 | **61000000** | **61000000** |
| BNP PARIBAS REV REPO 5.300% 02/29/24 DD 02/28/24 | **60500000** | **60500000** |
| BNP PARIBAS REV REPO 5.300% 03/06/24 DD 03/05/24 | **10300000** | **10300000** |
| BNP PARIBAS REV REPO 5.300% 04/24/24 DD 04/23/24 | **53900000** | **53900000** |
| BNP PARIBAS REV REPO 5.300% 05/16/24 DD 05/15/24 | **8100000** | **8100000** |
| BNP PARIBAS REV REPO 5.300% 05/20/24 DD 05/17/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 5.300% 05/21/24 DD 05/20/24 | **47300000** | **47300000** |
| BNP PARIBAS REV REPO 5.300% 05/22/24 DD 05/21/24 | **51900000** | **51900000** |
| BNP PARIBAS REV REPO 5.300% 05/23/24 DD 05/22/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 5.310% 01/10/24 DD 01/09/24 | **61400000** | **61400000** |
| BNP PARIBAS REV REPO 5.310% 01/30/24 DD 01/29/24 | **11200000** | **11200000** |
| BNP PARIBAS REV REPO 5.310% 01/31/24 DD 01/30/24 | **64700000** | **64700000** |
| BNP PARIBAS REV REPO 5.310% 02/07/24 DD 02/06/24 | **10000000** | **10000000** |
| BNP PARIBAS REV REPO 5.310% 02/08/24 DD 02/07/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 5.310% 02/09/24 DD 02/08/24 | **59700000** | **59700000** |
| BNP PARIBAS REV REPO 5.310% 03/05/24 DD 03/04/24 | **61100000** | **61100000** |
| BNP PARIBAS REV REPO 5.310% 03/13/24 DD 03/12/24 | **58000000** | **58000000** |
| BNP PARIBAS REV REPO 5.310% 03/14/24 DD 03/13/24 | **66800000** | **66800000** |
| BNP PARIBAS REV REPO 5.310% 03/19/24 DD 03/18/24 | **61800000** | **61800000** |
| BNP PARIBAS REV REPO 5.310% 03/25/24 DD 03/22/24 | **58300000** | **58300000** |
| BNP PARIBAS REV REPO 5.310% 04/11/24 DD 04/10/24 | **56900000** | **56900000** |
| BNP PARIBAS REV REPO 5.310% 04/15/24 DD 04/12/24 | **56800000** | **56800000** |
| BNP PARIBAS REV REPO 5.310% 05/06/24 DD 05/03/24 | **8300000** | **8300000** |
| BNP PARIBAS REV REPO 5.310% 05/07/24 DD 05/06/24 | **50400000** | **50400000** |
| BNP PARIBAS REV REPO 5.310% 05/08/24 DD 05/07/24 | **50000000** | **50000000** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| BNP PARIBAS REV REPO 5.310% 05/13/24 DD 05/10/24 | **50900000** | **50900000** |
| BNP PARIBAS REV REPO 5.310% 05/15/24 DD 05/14/24 | **50600000** | **50600000** |
| BNP PARIBAS REV REPO 5.310% 05/17/24 DD 05/16/24 | **50800000** | **50800000** |
| BNP PARIBAS REV REPO 5.310% 06/24/24 DD 06/21/24 | **9300000** | **9300000** |
| BNP PARIBAS REV REPO 5.320% 01/11/24 DD 01/10/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 5.320% 01/12/24 DD 01/11/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 5.320% 01/16/24 DD 01/12/24 | **61600000** | **61600000** |
| BNP PARIBAS REV REPO 5.320% 01/19/24 DD 01/18/24 | **61800000** | **61800000** |
| BNP PARIBAS REV REPO 5.320% 01/30/24 DD 01/29/24 | **64800000** | **64800000** |
| BNP PARIBAS REV REPO 5.320% 02/12/24 DD 02/09/24 | **59200000** | **59200000** |
| BNP PARIBAS REV REPO 5.320% 02/16/24 DD 02/15/24 | **9700000** | **9700000** |
| BNP PARIBAS REV REPO 5.320% 02/23/24 DD 02/22/24 | **10200000** | **10200000** |
| BNP PARIBAS REV REPO 5.320% 02/28/24 DD 02/27/24 | **60300000** | **60300000** |
| BNP PARIBAS REV REPO 5.320% 03/04/24 DD 03/01/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 5.320% 03/18/24 DD 03/15/24 | **67100000** | **67100000** |
| BNP PARIBAS REV REPO 5.320% 03/25/24 DD 03/22/24 | **9600000** | **9600000** |
| BNP PARIBAS REV REPO 5.320% 04/05/24 DD 04/04/24 | **9100000** | **9100000** |
| BNP PARIBAS REV REPO 5.320% 04/10/24 DD 04/09/24 | **57200000** | **57200000** |
| BNP PARIBAS REV REPO 5.320% 05/06/24 DD 05/03/24 | **50000000** | **50000000** |
| BNP PARIBAS REV REPO 5.320% 05/28/24 DD 05/24/24 | **51900000** | **51900000** |
| BNP PARIBAS REV REPO 5.320% 06/14/24 DD 06/13/24 | **59100000** | **59100000** |
| BNP PARIBAS REV REPO 5.320% 06/17/24 DD 06/14/24 | **9400000** | **9400000** |
| BNP PARIBAS REV REPO 5.320% 06/24/24 DD 06/21/24 | **56300000** | **56300000** |
| BNP PARIBAS REV REPO 5.320% 06/25/24 DD 06/24/24 | **57000000** | **57000000** |
| BNP PARIBAS REV REPO 5.320% 09/13/24 DD 09/12/24 | **43400000** | **43400000** |
| BNP PARIBAS REV REPO 5.330% 01/08/24 DD 01/05/24 | **62900000** | **62900000** |
| BNP PARIBAS REV REPO 5.330% 01/17/24 DD 01/16/24 | **64000000** | **64000000** |
| BNP PARIBAS REV REPO 5.330% 01/18/24 DD 01/17/24 | **11400000** | **11400000** |
| BNP PARIBAS REV REPO 5.330% 01/19/24 DD 01/18/24 | **10600000** | **10600000** |
| BNP PARIBAS REV REPO 5.330% 01/23/24 DD 01/22/24 | **10600000** | **10600000** |
| BNP PARIBAS REV REPO 5.330% 02/01/24 DD 01/31/24 | **63200000** | **63200000** |
| BNP PARIBAS REV REPO 5.330% 03/08/24 DD 03/07/24 | **9600000** | **9600000** |
| BNP PARIBAS REV REPO 5.330% 03/21/24 DD 03/20/24 | **6000000** | **6000000** |
| BNP PARIBAS REV REPO 5.330% 03/26/24 DD 03/25/24 | **58400000** | **58400000** |
| BNP PARIBAS REV REPO 5.330% 04/08/24 DD 04/05/24 | **43000000** | **43000000** |
| BNP PARIBAS REV REPO 5.330% 04/09/24 DD 04/08/24 | **57200000** | **57200000** |
| BNP PARIBAS REV REPO 5.330% 04/18/24 DD 04/17/24 | **9100000** | **9100000** |
| BNP PARIBAS REV REPO 5.330% 04/19/24 DD 04/18/24 | **2900000** | **2900000** |
| BNP PARIBAS REV REPO 5.330% 04/26/24 DD 04/25/24 | **64300000** | **64300000** |
| BNP PARIBAS REV REPO 5.330% 05/01/24 DD 04/30/24 | **8400000** | **8400000** |
| BNP PARIBAS REV REPO 5.330% 05/03/24 DD 05/02/24 | **52400000** | **52400000** |
| BNP PARIBAS REV REPO 5.330% 05/14/24 DD 05/13/24 | **7900000** | **7900000** |
| BNP PARIBAS REV REPO 5.330% 05/29/24 DD 05/28/24 | **51800000** | **51800000** |
| BNP PARIBAS REV REPO 5.330% 06/21/24 DD 06/20/24 | **9100000** | **9100000** |
| BNP PARIBAS REV REPO 5.340% 01/18/24 DD 01/17/24 | **62300000** | **62300000** |
| BNP PARIBAS REV REPO 5.340% 01/24/24 DD 01/23/24 | **10400000** | **10400000** |
| BNP PARIBAS REV REPO 5.340% 01/26/24 DD 01/25/24 | **61400000** | **61400000** |
| BNP PARIBAS REV REPO 5.340% 02/02/24 DD 02/01/24 | **63900000** | **63900000** |
| BNP PARIBAS REV REPO 5.340% 02/06/24 DD 02/05/24 | **57100000** | **57100000** |
| BNP PARIBAS REV REPO 5.340% 03/15/24 DD 03/14/24 | **57100000** | **57100000** |
| BNP PARIBAS REV REPO 5.340% 03/22/24 DD 03/21/24 | **37500000** | **37500000** |
| BNP PARIBAS REV REPO 5.340% 04/05/24 DD 04/04/24 | **57500000** | **57500000** |
| BNP PARIBAS REV REPO 5.340% 04/11/24 DD 04/10/24 | **8800000** | **8800000** |
| BNP PARIBAS REV REPO 5.340% 04/12/24 DD 04/11/24 | **9700000** | **9700000** |
| BNP PARIBAS REV REPO 5.340% 04/16/24 DD 04/15/24 | **64300000** | **64300000** |
| BNP PARIBAS REV REPO 5.340% 04/24/24 DD 04/23/24 | **9800000** | **9800000** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| BNP PARIBAS REV REPO 5.340% 04/29/24 DD 04/26/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 5.340% 05/09/24 DD 05/08/24 | **8300000** | **8300000** |
| BNP PARIBAS REV REPO 5.340% 05/10/24 DD 05/09/24 | **8600000** | **8600000** |
| BNP PARIBAS REV REPO 5.340% 05/13/24 DD 05/10/24 | **8200000** | **8200000** |
| BNP PARIBAS REV REPO 5.340% 05/16/24 DD 05/15/24 | **50500000** | **50500000** |
| BNP PARIBAS REV REPO 5.340% 05/20/24 DD 05/17/24 | **7800000** | **7800000** |
| BNP PARIBAS REV REPO 5.340% 05/21/24 DD 05/20/24 | **7700000** | **7700000** |
| BNP PARIBAS REV REPO 5.340% 05/23/24 DD 05/22/24 | **8900000** | **8900000** |
| BNP PARIBAS REV REPO 5.340% 05/29/24 DD 05/28/24 | **8600000** | **8600000** |
| BNP PARIBAS REV REPO 5.340% 06/06/24 DD 06/05/24 | **6600000** | **6600000** |
| BNP PARIBAS REV REPO 5.340% 06/11/24 DD 06/10/24 | **9900000** | **9900000** |
| BNP PARIBAS REV REPO 5.340% 06/18/24 DD 06/17/24 | **54000000** | **54000000** |
| BNP PARIBAS REV REPO 5.340% 07/01/24 DD 06/28/24 | **66600000** | **66600000** |
| BNP PARIBAS REV REPO 5.340% 07/09/24 DD 07/08/24 | **9200000** | **9200000** |
| BNP PARIBAS REV REPO 5.340% 08/19/24 DD 08/16/24 | **53600000** | **53600000** |
| BNP PARIBAS REV REPO 5.350% 02/02/24 DD 02/01/24 | **9100000** | **9100000** |
| BNP PARIBAS REV REPO 5.350% 02/05/24 DD 02/02/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 5.350% 02/13/24 DD 02/12/24 | **10400000** | **10400000** |
| BNP PARIBAS REV REPO 5.350% 03/12/24 DD 03/11/24 | **9400000** | **9400000** |
| BNP PARIBAS REV REPO 5.350% 03/14/24 DD 03/13/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 5.350% 03/27/24 DD 03/26/24 | **58100000** | **58100000** |
| BNP PARIBAS REV REPO 5.350% 04/30/24 DD 04/29/24 | **55000000** | **55000000** |
| BNP PARIBAS REV REPO 5.350% 05/02/24 DD 05/01/24 | **53500000** | **53500000** |
| BNP PARIBAS REV REPO 5.350% 05/08/24 DD 05/07/24 | **8300000** | **8300000** |
| BNP PARIBAS REV REPO 5.350% 05/10/24 DD 05/09/24 | **50700000** | **50700000** |
| BNP PARIBAS REV REPO 5.350% 05/15/24 DD 05/14/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 5.350% 05/30/24 DD 05/29/24 | **51800000** | **51800000** |
| BNP PARIBAS REV REPO 5.350% 06/11/24 DD 06/10/24 | **46700000** | **46700000** |
| BNP PARIBAS REV REPO 5.350% 06/21/24 DD 06/20/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 5.350% 06/26/24 DD 06/25/24 | **57400000** | **57400000** |
| BNP PARIBAS REV REPO 5.350% 07/08/24 DD 07/05/24 | **55800000** | **55800000** |
| BNP PARIBAS REV REPO 5.350% 07/09/24 DD 07/08/24 | **56300000** | **56300000** |
| BNP PARIBAS REV REPO 5.360% 01/09/24 DD 01/08/24 | **10500000** | **10500000** |
| BNP PARIBAS REV REPO 5.360% 01/10/24 DD 01/09/24 | **9200000** | **9200000** |
| BNP PARIBAS REV REPO 5.360% 01/11/24 DD 01/10/24 | **10100000** | **10100000** |
| BNP PARIBAS REV REPO 5.360% 01/16/24 DD 01/12/24 | **10600000** | **10600000** |
| BNP PARIBAS REV REPO 5.360% 02/06/24 DD 02/05/24 | **11500000** | **11500000** |
| BNP PARIBAS REV REPO 5.360% 02/27/24 DD 02/26/24 | **9400000** | **9400000** |
| BNP PARIBAS REV REPO 5.360% 03/01/24 DD 02/29/24 | **61500000** | **61500000** |
| BNP PARIBAS REV REPO 5.360% 04/09/24 DD 04/08/24 | **9500000** | **9500000** |
| BNP PARIBAS REV REPO 5.360% 05/03/24 DD 05/02/24 | **5300000** | **5300000** |
| BNP PARIBAS REV REPO 5.360% 06/06/24 DD 06/05/24 | **49000000** | **49000000** |
| BNP PARIBAS REV REPO 5.360% 06/10/24 DD 06/07/24 | **47600000** | **47600000** |
| BNP PARIBAS REV REPO 5.360% 07/05/24 DD 07/03/24 | **9400000** | **9400000** |
| BNP PARIBAS REV REPO 5.360% 07/10/24 DD 07/09/24 | **56100000** | **56100000** |
| BNP PARIBAS REV REPO 5.360% 07/15/24 DD 07/12/24 | **56500000** | **56500000** |
| BNP PARIBAS REV REPO 5.360% 07/22/24 DD 07/19/24 | **54500000** | **54500000** |
| BNP PARIBAS REV REPO 5.360% 07/23/24 DD 07/22/24 | **54500000** | **54500000** |
| BNP PARIBAS REV REPO 5.360% 07/24/24 DD 07/23/24 | **51500000** | **51500000** |
| BNP PARIBAS REV REPO 5.370% 01/29/24 DD 01/26/24 | **10700000** | **10700000** |
| BNP PARIBAS REV REPO 5.370% 03/04/24 DD 03/01/24 | **10200000** | **10200000** |
| BNP PARIBAS REV REPO 5.370% 03/26/24 DD 03/25/24 | **9400000** | **9400000** |
| BNP PARIBAS REV REPO 5.370% 03/28/24 DD 03/27/24 | **58000000** | **58000000** |
| BNP PARIBAS REV REPO 5.370% 05/29/24 DD 05/28/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 5.370% 06/13/24 DD 06/12/24 | **8400000** | **8400000** |
| BNP PARIBAS REV REPO 5.370% 07/10/24 DD 07/09/24 | **9200000** | **9200000** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| BNP PARIBAS REV REPO 5.370% 07/25/24 DD 07/24/24 | **51000000** | **51000000** |
| BNP PARIBAS REV REPO 5.370% 07/30/24 DD 07/29/24 | **7100000** | **7100000** |
| BNP PARIBAS REV REPO 5.370% 07/31/24 DD 07/30/24 | **6600000** | **6600000** |
| BNP PARIBAS REV REPO 5.370% 09/06/24 DD 09/05/24 | **47100000** | **47100000** |
| BNP PARIBAS REV REPO 5.380% 02/01/24 DD 01/31/24 | **10600000** | **10600000** |
| BNP PARIBAS REV REPO 5.380% 04/01/24 DD 03/28/24 | **56800000** | **56800000** |
| BNP PARIBAS REV REPO 5.380% 04/04/24 DD 04/03/24 | **56400000** | **56400000** |
| BNP PARIBAS REV REPO 5.380% 07/08/24 DD 07/05/24 | **9000000** | **9000000** |
| BNP PARIBAS REV REPO 5.380% 07/30/24 DD 07/29/24 | **50100000** | **50100000** |
| BNP PARIBAS REV REPO 5.380% 08/30/24 DD 08/29/24 | **51800000** | **51800000** |
| BNP PARIBAS REV REPO 5.380% 09/11/24 DD 09/10/24 | **45100000** | **45100000** |
| BNP PARIBAS REV REPO 5.380% 09/16/24 DD 09/13/24 | **43900000** | **43900000** |
| BNP PARIBAS REV REPO 5.390% 01/05/24 DD 01/04/24 | **11800000** | **11800000** |
| BNP PARIBAS REV REPO 5.390% 04/04/24 DD 04/03/24 | **9100000** | **9100000** |
| BNP PARIBAS REV REPO 5.390% 05/30/24 DD 05/29/24 | **8300000** | **8300000** |
| BNP PARIBAS REV REPO 5.390% 06/03/24 DD 05/31/24 | **53200000** | **53200000** |
| BNP PARIBAS REV REPO 5.390% 06/04/24 DD 06/03/24 | **7700000** | **7700000** |
| BNP PARIBAS REV REPO 5.390% 06/10/24 DD 06/07/24 | **6800000** | **6800000** |
| BNP PARIBAS REV REPO 5.390% 06/12/24 DD 06/11/24 | **8000000** | **8000000** |
| BNP PARIBAS REV REPO 5.390% 07/16/24 DD 07/15/24 | **55400000** | **55400000** |
| BNP PARIBAS REV REPO 5.390% 07/19/24 DD 07/18/24 | **53000000** | **53000000** |
| BNP PARIBAS REV REPO 5.390% 08/15/24 DD 08/14/24 | **53200000** | **53200000** |
| BNP PARIBAS REV REPO 5.400% 03/27/24 DD 03/26/24 | **9400000** | **9400000** |
| BNP PARIBAS REV REPO 5.400% 06/06/24 DD 06/05/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 5.400% 06/10/24 DD 06/07/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 5.400% 06/18/24 DD 06/17/24 | **8700000** | **8700000** |
| BNP PARIBAS REV REPO 5.400% 06/20/24 DD 06/18/24 | **9800000** | **9800000** |
| BNP PARIBAS REV REPO 5.400% 06/27/24 DD 06/26/24 | **57400000** | **57400000** |
| BNP PARIBAS REV REPO 5.400% 07/18/24 DD 07/17/24 | **55000000** | **55000000** |
| BNP PARIBAS REV REPO 5.400% 07/23/24 DD 07/22/24 | **6900000** | **6900000** |
| BNP PARIBAS REV REPO 5.400% 08/05/24 DD 08/02/24 | **2400000** | **2400000** |
| BNP PARIBAS REV REPO 5.400% 08/08/24 DD 08/07/24 | **51300000** | **51300000** |
| BNP PARIBAS REV REPO 5.400% 08/26/24 DD 08/23/24 | **50700000** | **50700000** |
| BNP PARIBAS REV REPO 5.410% 03/28/24 DD 03/27/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 5.410% 05/31/24 DD 05/30/24 | **8800000** | **8800000** |
| BNP PARIBAS REV REPO 5.410% 06/28/24 DD 06/27/24 | **56700000** | **56700000** |
| BNP PARIBAS REV REPO 5.410% 07/11/24 DD 07/10/24 | **8100000** | **8100000** |
| BNP PARIBAS REV REPO 5.410% 07/12/24 DD 07/11/24 | **8900000** | **8900000** |
| BNP PARIBAS REV REPO 5.410% 08/16/24 DD 08/15/24 | **53000000** | **53000000** |
| BNP PARIBAS REV REPO 5.410% 08/27/24 DD 08/26/24 | **3200000** | **3200000** |
| BNP PARIBAS REV REPO 5.410% 09/05/24 DD 09/04/24 | **48200000** | **48200000** |
| BNP PARIBAS REV REPO 5.420% 06/28/24 DD 06/27/24 | **10100000** | **10100000** |
| BNP PARIBAS REV REPO 5.420% 08/02/24 DD 08/01/24 | **8400000** | **8400000** |
| BNP PARIBAS REV REPO 5.420% 08/13/24 DD 08/12/24 | **7200000** | **7200000** |
| BNP PARIBAS REV REPO 5.420% 09/18/24 DD 09/17/24 | **45900000** | **45900000** |
| BNP PARIBAS REV REPO 5.430% 03/28/24 DD 03/27/24 | **8800000** | **8800000** |
| BNP PARIBAS REV REPO 5.430% 04/01/24 DD 03/28/24 | **9300000** | **9300000** |
| BNP PARIBAS REV REPO 5.440% 06/03/24 DD 05/31/24 | **100000** | **100000** |
| BNP PARIBAS REV REPO 5.440% 06/27/24 DD 06/26/24 | **9500000** | **9500000** |
| BNP PARIBAS REV REPO 5.440% 07/16/24 DD 07/15/24 | **9400000** | **9400000** |
| BNP PARIBAS REV REPO 5.440% 07/17/24 DD 07/16/24 | **9200000** | **9200000** |
| BNP PARIBAS REV REPO 5.440% 07/18/24 DD 07/17/24 | **6800000** | **6800000** |
| BNP PARIBAS REV REPO 5.450% 07/02/24 DD 07/01/24 | **10000000** | **10000000** |
| BNP PARIBAS REV REPO 5.450% 07/26/24 DD 07/25/24 | **7700000** | **7700000** |
| BNP PARIBAS REV REPO 5.450% 08/28/24 DD 08/27/24 | **11400000** | **11400000** |
| BNP PARIBAS REV REPO 5.450% 08/29/24 DD 08/28/24 | **53300000** | **53300000** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| BNP PARIBAS REV REPO 5.460% 04/02/24 DD 04/01/24 | **9000000** | **9000000** |
| BNP PARIBAS REV REPO 5.460% 07/29/24 DD 07/26/24 | **8800000** | **8800000** |
| BNP PARIBAS REV REPO 5.460% 08/28/24 DD 08/27/24 | **40700000** | **40700000** |
| BNP PARIBAS REV REPO 5.480% 01/03/24 DD 01/02/24 | **9000000** | **9000000** |
| CITIGROUP GLOBAL REV REPO 4.960% 11/01/24 DD 10/31/24 | **1100000** | **1100000** |
| CITIGROUP GLOBAL REV REPO 5.320% 06/25/24 DD 06/24/24 | **3000000** | **3000000** |
| CITIGROUP GLOBAL REV REPO 5.320% 07/08/24 DD 07/05/24 | **3100000** | **3100000** |
| CITIGROUP GLOBAL REV REPO 5.330% 07/23/24 DD 07/22/24 | **3100000** | **3100000** |
| CITIGROUP GLOBAL REV REPO 5.340% 06/28/24 DD 06/27/24 | **3900000** | **3900000** |
| CITIGROUP GLOBAL REV REPO 5.340% 07/12/24 DD 07/11/24 | **3100000** | **3100000** |
| CITIGROUP GLOBAL REV REPO 5.350% 06/21/24 DD 06/20/24 | **2300000** | **2300000** |
| CITIGROUP GLOBAL REV REPO 5.350% 07/09/24 DD 07/08/24 | **3000000** | **3000000** |
| CITIGROUP GLOBAL REV REPO 5.360% 07/11/24 DD 07/10/24 | **3200000** | **3200000** |
| CITIGROUP GLOBAL REV REPO 5.370% 09/16/24 DD 09/13/24 | **4400000** | **4400000** |
| CITIGROUP GLOBAL REV REPO 5.380% 06/26/24 DD 06/25/24 | **3700000** | **3700000** |
| CITIGROUP GLOBAL REV REPO 5.380% 07/15/24 DD 07/12/24 | **2800000** | **2800000** |
| CITIGROUP GLOBAL REV REPO 5.380% 07/30/24 DD 07/29/24 | **3100000** | **3100000** |
| CITIGROUP GLOBAL REV REPO 5.390% 07/16/24 DD 07/15/24 | **2800000** | **2800000** |
| CITIGROUP GLOBAL REV REPO 5.390% 08/14/24 DD 08/13/24 | **2900000** | **2900000** |
| CITIGROUP GLOBAL REV REPO 5.400% 07/01/24 DD 06/28/24 | **4000000** | **4000000** |
| CITIGROUP GLOBAL REV REPO 5.400% 07/24/24 DD 07/23/24 | **3200000** | **3200000** |
| CITIGROUP GLOBAL REV REPO 5.410% 07/05/24 DD 07/03/24 | **3200000** | **3200000** |
| CITIGROUP GLOBAL REV REPO 5.410% 07/17/24 DD 07/16/24 | **2800000** | **2800000** |
| CITIGROUP GLOBAL REV REPO 5.420% 07/02/24 DD 07/01/24 | **3100000** | **3100000** |
| CITIGROUP GLOBAL REV REPO 5.420% 07/26/24 DD 07/25/24 | **3600000** | **3600000** |
| CITIGROUP GLOBAL REV REPO 5.450% 08/01/24 DD 07/31/24 | **3200000** | **3200000** |
| CITIGROUP GLOBAL REV REPO 5.460% 08/02/24 DD 08/01/24 | **3300000** | **3300000** |
| DEUTSCHE BK FINL REV REPO 5.310% 03/21/24 DD 03/20/24 | **1600000** | **1600000** |
| DEUTSCHE BK FINL REV REPO 5.330% 06/24/24 DD 06/21/24 | **3100000** | **3100000** |
| DEUTSCHE BK FINL REV REPO 5.350% 08/19/24 DD 08/16/24 | **3100000** | **3100000** |
| DEUTSCHE BK FINL REV REPO 5.360% 07/19/24 DD 07/18/24 | **3500000** | **3500000** |
| DEUTSCHE BK FINL REV REPO 5.360% 08/15/24 DD 08/14/24 | **2900000** | **2900000** |
| DEUTSCHE BK FINL REV REPO 5.370% 07/22/24 DD 07/19/24 | **3300000** | **3300000** |
| DEUTSCHE BK FINL REV REPO 5.370% 08/16/24 DD 08/15/24 | **3000000** | **3000000** |
| DEUTSCHE BK FINL REV REPO 5.380% 07/10/24 DD 07/09/24 | **3100000** | **3100000** |
| DEUTSCHE BK FINL REV REPO 5.390% 07/25/24 DD 07/24/24 | **3200000** | **3200000** |
| DEUTSCHE BK FINL REV REPO 5.400% 06/27/24 DD 06/26/24 | **3700000** | **3700000** |
| DEUTSCHE BK FINL REV REPO 5.400% 07/18/24 DD 07/17/24 | **3000000** | **3000000** |
| DEUTSCHE BK FINL REV REPO 5.420% 07/03/24 DD 07/02/24 | **3100000** | **3100000** |
| DEUTSCHE BK FINL REV REPO 5.420% 07/29/24 DD 07/26/24 | **3600000** | **3600000** |
| J P MORGAN CHASE REV REPO 4.330% 12/23/24 DD 12/20/24 | **38300000** | **38300000** |
| J P MORGAN CHASE REV REPO 4.380% 12/26/24 DD 12/24/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 4.600% 11/22/24 DD 11/21/24 | **43400000** | **43400000** |
| J P MORGAN CHASE REV REPO 4.620% 12/31/24 DD 12/30/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 4.640% 12/16/24 DD 12/13/24 | **25000000** | **25000000** |
| J P MORGAN CHASE REV REPO 4.660% 12/05/24 DD 12/04/24 | **35500000** | **35500000** |
| J P MORGAN CHASE REV REPO 4.660% 12/13/24 DD 12/12/24 | **36400000** | **36400000** |
| J P MORGAN CHASE REV REPO 4.670% 12/10/24 DD 12/09/24 | **42000000** | **42000000** |
| J P MORGAN CHASE REV REPO 4.670% 12/30/24 DD 12/27/24 | **38200000** | **38200000** |
| J P MORGAN CHASE REV REPO 4.690% 12/17/24 DD 12/16/24 | **38100000** | **38100000** |
| J P MORGAN CHASE REV REPO 4.850% 09/24/24 DD 09/23/24 | **49100000** | **49100000** |
| J P MORGAN CHASE REV REPO 4.860% 10/31/24 DD 10/30/24 | **38100000** | **38100000** |
| J P MORGAN CHASE REV REPO 4.880% 10/30/24 DD 10/29/24 | **40800000** | **40800000** |
| J P MORGAN CHASE REV REPO 4.890% 10/07/24 DD 10/04/24 | **41200000** | **41200000** |
| J P MORGAN CHASE REV REPO 4.890% 10/09/24 DD 10/08/24 | **34500000** | **34500000** |
| J P MORGAN CHASE REV REPO 4.900% 09/25/24 DD 09/24/24 | **48700000** | **48700000** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| J P MORGAN CHASE REV REPO 4.900% 10/29/24 DD 10/28/24 | **40500000** | **40500000** |
| J P MORGAN CHASE REV REPO 5.120% 10/02/24 DD 10/01/24 | **46700000** | **46700000** |
| J P MORGAN CHASE REV REPO 5.320% 02/15/24 DD 02/14/24 | **10400000** | **10400000** |
| J P MORGAN CHASE REV REPO 5.320% 02/20/24 DD 02/16/24 | **10400000** | **10400000** |
| J P MORGAN CHASE REV REPO 5.320% 03/01/24 DD 02/29/24 | **10000000** | **10000000** |
| J P MORGAN CHASE REV REPO 5.320% 08/23/24 DD 08/22/24 | **50000000** | **50000000** |
| J P MORGAN CHASE REV REPO 5.320% 09/03/24 DD 08/30/24 | **51600000** | **51600000** |
| J P MORGAN CHASE REV REPO 5.330% 02/15/24 DD 02/14/24 | **60500000** | **60500000** |
| J P MORGAN CHASE REV REPO 5.330% 03/20/24 DD 03/19/24 | **62900000** | **62900000** |
| J P MORGAN CHASE REV REPO 5.330% 09/12/24 DD 09/11/24 | **43200000** | **43200000** |
| J P MORGAN CHASE REV REPO 5.330% 09/19/24 DD 09/18/24 | **6200000** | **6200000** |
| J P MORGAN CHASE REV REPO 5.340% 01/08/24 DD 01/05/24 | **10200000** | **10200000** |
| J P MORGAN CHASE REV REPO 5.340% 02/08/24 DD 02/07/24 | **10000000** | **10000000** |
| J P MORGAN CHASE REV REPO 5.340% 02/14/24 DD 02/13/24 | **10500000** | **10500000** |
| J P MORGAN CHASE REV REPO 5.340% 02/20/24 DD 02/16/24 | **60700000** | **60700000** |
| J P MORGAN CHASE REV REPO 5.340% 03/05/24 DD 03/04/24 | **9200000** | **9200000** |
| J P MORGAN CHASE REV REPO 5.340% 03/22/24 DD 03/21/24 | **30700000** | **30700000** |
| J P MORGAN CHASE REV REPO 5.340% 05/16/24 DD 05/15/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.340% 05/24/24 DD 05/23/24 | **60300000** | **60300000** |
| J P MORGAN CHASE REV REPO 5.350% 01/31/24 DD 01/30/24 | **10300000** | **10300000** |
| J P MORGAN CHASE REV REPO 5.350% 02/08/24 DD 02/07/24 | **58800000** | **58800000** |
| J P MORGAN CHASE REV REPO 5.350% 02/09/24 DD 02/08/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.350% 02/12/24 DD 02/09/24 | **9600000** | **9600000** |
| J P MORGAN CHASE REV REPO 5.350% 02/13/24 DD 02/12/24 | **60300000** | **60300000** |
| J P MORGAN CHASE REV REPO 5.350% 02/28/24 DD 02/27/24 | **10000000** | **10000000** |
| J P MORGAN CHASE REV REPO 5.350% 03/12/24 DD 03/11/24 | **58400000** | **58400000** |
| J P MORGAN CHASE REV REPO 5.350% 03/13/24 DD 03/12/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.350% 03/25/24 DD 03/22/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.350% 04/12/24 DD 04/11/24 | **56400000** | **56400000** |
| J P MORGAN CHASE REV REPO 5.350% 04/18/24 DD 04/17/24 | **60400000** | **60400000** |
| J P MORGAN CHASE REV REPO 5.350% 04/25/24 DD 04/24/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.350% 05/09/24 DD 05/08/24 | **50300000** | **50300000** |
| J P MORGAN CHASE REV REPO 5.350% 05/10/24 DD 05/09/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.350% 05/17/24 DD 05/16/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.350% 06/25/24 DD 06/24/24 | **6000000** | **6000000** |
| J P MORGAN CHASE REV REPO 5.360% 01/11/24 DD 01/10/24 | **60300000** | **60300000** |
| J P MORGAN CHASE REV REPO 5.360% 01/12/24 DD 01/11/24 | **9600000** | **9600000** |
| J P MORGAN CHASE REV REPO 5.360% 02/27/24 DD 02/26/24 | **61000000** | **61000000** |
| J P MORGAN CHASE REV REPO 5.360% 03/04/24 DD 03/01/24 | **61000000** | **61000000** |
| J P MORGAN CHASE REV REPO 5.360% 03/18/24 DD 03/15/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.360% 06/17/24 DD 06/14/24 | **53700000** | **53700000** |
| J P MORGAN CHASE REV REPO 5.360% 06/24/24 DD 06/21/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.360% 06/25/24 DD 06/24/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.370% 02/01/24 DD 01/31/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.370% 04/08/24 DD 04/05/24 | **4000000** | **4000000** |
| J P MORGAN CHASE REV REPO 5.370% 08/20/24 DD 08/19/24 | **47900000** | **47900000** |
| J P MORGAN CHASE REV REPO 5.370% 08/27/24 DD 08/26/24 | **47200000** | **47200000** |
| J P MORGAN CHASE REV REPO 5.380% 01/18/24 DD 01/17/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.380% 01/26/24 DD 01/25/24 | **11800000** | **11800000** |
| J P MORGAN CHASE REV REPO 5.380% 01/29/24 DD 01/26/24 | **63500000** | **63500000** |
| J P MORGAN CHASE REV REPO 5.380% 04/29/24 DD 04/26/24 | **54800000** | **54800000** |
| J P MORGAN CHASE REV REPO 5.380% 06/18/24 DD 06/17/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.380% 08/21/24 DD 08/20/24 | **47800000** | **47800000** |
| J P MORGAN CHASE REV REPO 5.390% 02/05/24 DD 02/02/24 | **69900000** | **69900000** |
| J P MORGAN CHASE REV REPO 5.390% 06/04/24 DD 06/03/24 | **51900000** | **51900000** |
| J P MORGAN CHASE REV REPO 5.390% 06/05/24 DD 06/04/24 | **5700000** | **5700000** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| J P MORGAN CHASE REV REPO 5.390% 07/22/24 DD 07/19/24 | **8900000** | **8900000** |
| J P MORGAN CHASE REV REPO 5.400% 06/05/24 DD 06/04/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.400% 06/07/24 DD 06/06/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.400% 07/19/24 DD 07/18/24 | **8900000** | **8900000** |
| J P MORGAN CHASE REV REPO 5.400% 07/22/24 DD 07/19/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.400% 07/23/24 DD 07/22/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.400% 09/09/24 DD 09/06/24 | **47000000** | **47000000** |
| J P MORGAN CHASE REV REPO 5.410% 05/01/24 DD 04/30/24 | **54000000** | **54000000** |
| J P MORGAN CHASE REV REPO 5.410% 05/31/24 DD 05/30/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.410% 06/20/24 DD 06/18/24 | **53700000** | **53700000** |
| J P MORGAN CHASE REV REPO 5.410% 06/26/24 DD 06/25/24 | **9900000** | **9900000** |
| J P MORGAN CHASE REV REPO 5.410% 07/12/24 DD 07/11/24 | **55400000** | **55400000** |
| J P MORGAN CHASE REV REPO 5.410% 07/15/24 DD 07/12/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.410% 07/25/24 DD 07/24/24 | **7000000** | **7000000** |
| J P MORGAN CHASE REV REPO 5.410% 08/13/24 DD 08/12/24 | **44900000** | **44900000** |
| J P MORGAN CHASE REV REPO 5.410% 09/19/24 DD 09/18/24 | **35900000** | **35900000** |
| J P MORGAN CHASE REV REPO 5.420% 07/11/24 DD 07/10/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.420% 09/04/24 DD 09/03/24 | **51500000** | **51500000** |
| J P MORGAN CHASE REV REPO 5.430% 07/05/24 DD 07/03/24 | **56000000** | **56000000** |
| J P MORGAN CHASE REV REPO 5.430% 07/16/24 DD 07/15/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.430% 07/26/24 DD 07/25/24 | **49900000** | **49900000** |
| J P MORGAN CHASE REV REPO 5.430% 09/17/24 DD 09/16/24 | **45500000** | **45500000** |
| J P MORGAN CHASE REV REPO 5.440% 07/02/24 DD 07/01/24 | **57300000** | **57300000** |
| J P MORGAN CHASE REV REPO 5.440% 07/17/24 DD 07/16/24 | **55600000** | **55600000** |
| J P MORGAN CHASE REV REPO 5.440% 07/18/24 DD 07/17/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.450% 04/03/24 DD 04/02/24 | **57200000** | **57200000** |
| J P MORGAN CHASE REV REPO 5.450% 07/29/24 DD 07/26/24 | **49100000** | **49100000** |
| J P MORGAN CHASE REV REPO 5.460% 07/03/24 DD 07/02/24 | **57400000** | **57400000** |
| J P MORGAN CHASE REV REPO 5.460% 08/02/24 DD 08/01/24 | **44900000** | **44900000** |
| J P MORGAN CHASE REV REPO 5.470% 01/04/24 DD 01/03/24 | **8800000** | **8800000** |
| J P MORGAN CHASE REV REPO 5.470% 01/05/24 DD 01/04/24 | **100000** | **100000** |
| J P MORGAN CHASE REV REPO 5.490% 01/04/24 DD 01/03/24 | **63400000** | **63400000** |
| MERRILL LYNCH REV REPO 4.350% 12/24/24 DD 12/23/24 | **37800000** | **37800000** |
| MERRILL LYNCH REV REPO 4.520% 12/26/24 DD 12/24/24 | **6100000** | **6100000** |
| MERRILL LYNCH REV REPO 4.530% 12/27/24 DD 12/26/24 | **37900000** | **37900000** |
| MERRILL LYNCH REV REPO 4.580% 11/15/24 DD 11/14/24 | **43300000** | **43300000** |
| MERRILL LYNCH REV REPO 4.580% 11/25/24 DD 11/22/24 | **43100000** | **43100000** |
| MERRILL LYNCH REV REPO 4.590% 12/06/24 DD 12/05/24 | **42200000** | **42200000** |
| MERRILL LYNCH REV REPO 4.610% 12/02/24 DD 11/29/24 | **44200000** | **44200000** |
| MERRILL LYNCH REV REPO 4.630% 12/09/24 DD 12/06/24 | **17400000** | **17400000** |
| MERRILL LYNCH REV REPO 4.640% 12/12/24 DD 12/11/24 | **42100000** | **42100000** |
| MERRILL LYNCH REV REPO 4.640% 12/16/24 DD 12/13/24 | **12000000** | **12000000** |
| MERRILL LYNCH REV REPO 4.650% 12/18/24 DD 12/17/24 | **7100000** | **7100000** |
| MERRILL LYNCH REV REPO 4.660% 12/04/24 DD 12/03/24 | **42600000** | **42600000** |
| MERRILL LYNCH REV REPO 4.660% 12/17/24 DD 12/16/24 | **6300000** | **6300000** |
| MERRILL LYNCH REV REPO 4.670% 12/03/24 DD 12/02/24 | **43400000** | **43400000** |
| MERRILL LYNCH REV REPO 4.680% 12/18/24 DD 12/17/24 | **38300000** | **38300000** |
| MERRILL LYNCH REV REPO 4.690% 12/27/24 DD 12/26/24 | **5800000** | **5800000** |
| MERRILL LYNCH REV REPO 4.810% 09/20/24 DD 09/19/24 | **42800000** | **42800000** |
| MERRILL LYNCH REV REPO 4.810% 10/30/24 DD 10/29/24 | **2800000** | **2800000** |
| MERRILL LYNCH REV REPO 4.820% 10/11/24 DD 10/10/24 | **43900000** | **43900000** |
| MERRILL LYNCH REV REPO 4.830% 10/22/24 DD 10/21/24 | **45700000** | **45700000** |
| MERRILL LYNCH REV REPO 4.840% 09/23/24 DD 09/20/24 | **45800000** | **45800000** |
| MERRILL LYNCH REV REPO 4.850% 10/25/24 DD 10/24/24 | **47200000** | **47200000** |
| MERRILL LYNCH REV REPO 4.860% 10/09/24 DD 10/08/24 | **15700000** | **15700000** |
| MERRILL LYNCH REV REPO 4.940% 10/03/24 DD 10/02/24 | **45800000** | **45800000** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| MERRILL LYNCH REV REPO 4.950% 10/01/24 DD 09/30/24 | **46800000** | **46800000** |
| MERRILL LYNCH REV REPO 5.290% 03/07/24 DD 03/06/24 | **9100000** | **9100000** |
| MERRILL LYNCH REV REPO 5.300% 04/22/24 DD 04/19/24 | **8800000** | **8800000** |
| MERRILL LYNCH REV REPO 5.300% 04/23/24 DD 04/22/24 | **8700000** | **8700000** |
| MERRILL LYNCH REV REPO 5.300% 05/15/24 DD 05/14/24 | **8400000** | **8400000** |
| MERRILL LYNCH REV REPO 5.300% 08/22/24 DD 08/21/24 | **51300000** | **51300000** |
| MERRILL LYNCH REV REPO 5.310% 03/11/24 DD 03/08/24 | **8700000** | **8700000** |
| MERRILL LYNCH REV REPO 5.310% 03/15/24 DD 03/14/24 | **8500000** | **8500000** |
| MERRILL LYNCH REV REPO 5.310% 03/19/24 DD 03/18/24 | **6700000** | **6700000** |
| MERRILL LYNCH REV REPO 5.310% 05/17/24 DD 05/16/24 | **8100000** | **8100000** |
| MERRILL LYNCH REV REPO 5.310% 05/22/24 DD 05/21/24 | **8500000** | **8500000** |
| MERRILL LYNCH REV REPO 5.320% 02/26/24 DD 02/23/24 | **10300000** | **10300000** |
| MERRILL LYNCH REV REPO 5.320% 03/13/24 DD 03/12/24 | **9000000** | **9000000** |
| MERRILL LYNCH REV REPO 5.320% 04/10/24 DD 04/09/24 | **9400000** | **9400000** |
| MERRILL LYNCH REV REPO 5.320% 04/15/24 DD 04/12/24 | **7600000** | **7600000** |
| MERRILL LYNCH REV REPO 5.320% 04/25/24 DD 04/24/24 | **8900000** | **8900000** |
| MERRILL LYNCH REV REPO 5.320% 05/07/24 DD 05/06/24 | **8200000** | **8200000** |
| MERRILL LYNCH REV REPO 5.330% 03/07/24 DD 03/06/24 | **60100000** | **60100000** |
| MERRILL LYNCH REV REPO 5.330% 03/08/24 DD 03/07/24 | **59100000** | **59100000** |
| MERRILL LYNCH REV REPO 5.330% 04/17/24 DD 04/16/24 | **9800000** | **9800000** |
| MERRILL LYNCH REV REPO 5.330% 04/22/24 DD 04/19/24 | **53600000** | **53600000** |
| MERRILL LYNCH REV REPO 5.330% 04/23/24 DD 04/22/24 | **53600000** | **53600000** |
| MERRILL LYNCH REV REPO 5.340% 04/08/24 DD 04/05/24 | **9600000** | **9600000** |
| MERRILL LYNCH REV REPO 5.340% 05/20/24 DD 05/17/24 | **46900000** | **46900000** |
| MERRILL LYNCH REV REPO 5.340% 05/23/24 DD 05/22/24 | **52400000** | **52400000** |
| MERRILL LYNCH REV REPO 5.340% 05/28/24 DD 05/24/24 | **8700000** | **8700000** |
| MERRILL LYNCH REV REPO 5.340% 08/06/24 DD 08/05/24 | **51700000** | **51700000** |
| MERRILL LYNCH REV REPO 5.350% 05/02/24 DD 05/01/24 | **8100000** | **8100000** |
| MERRILL LYNCH REV REPO 5.350% 05/08/24 DD 05/07/24 | **100000** | **100000** |
| MERRILL LYNCH REV REPO 5.360% 01/12/24 DD 01/11/24 | **61400000** | **61400000** |
| MERRILL LYNCH REV REPO 5.360% 06/07/24 DD 06/06/24 | **7500000** | **7500000** |
| MERRILL LYNCH REV REPO 5.370% 01/17/24 DD 01/16/24 | **10400000** | **10400000** |
| MERRILL LYNCH REV REPO 5.370% 04/08/24 DD 04/05/24 | **100000** | **100000** |
| MERRILL LYNCH REV REPO 5.370% 04/17/24 DD 04/16/24 | **55700000** | **55700000** |
| MERRILL LYNCH REV REPO 5.370% 05/03/24 DD 05/02/24 | **100000** | **100000** |
| MERRILL LYNCH REV REPO 5.370% 06/03/24 DD 05/31/24 | **6800000** | **6800000** |
| MERRILL LYNCH REV REPO 5.370% 06/13/24 DD 06/12/24 | **48800000** | **48800000** |
| MERRILL LYNCH REV REPO 5.370% 07/24/24 DD 07/23/24 | **8400000** | **8400000** |
| MERRILL LYNCH REV REPO 5.370% 09/10/24 DD 09/09/24 | **45100000** | **45100000** |
| MERRILL LYNCH REV REPO 5.380% 07/15/24 DD 07/12/24 | **8200000** | **8200000** |
| MERRILL LYNCH REV REPO 5.380% 08/14/24 DD 08/13/24 | **6800000** | **6800000** |
| MERRILL LYNCH REV REPO 5.390% 04/30/24 DD 04/29/24 | **100000** | **100000** |
| MERRILL LYNCH REV REPO 5.390% 06/11/24 DD 06/10/24 | **100000** | **100000** |
| MERRILL LYNCH REV REPO 5.390% 06/12/24 DD 06/11/24 | **48800000** | **48800000** |
| MERRILL LYNCH REV REPO 5.390% 06/21/24 DD 06/20/24 | **55600000** | **55600000** |
| MERRILL LYNCH REV REPO 5.390% 07/10/24 DD 07/09/24 | **100000** | **100000** |
| MERRILL LYNCH REV REPO 5.390% 07/31/24 DD 07/30/24 | **48200000** | **48200000** |
| MERRILL LYNCH REV REPO 5.390% 08/07/24 DD 08/06/24 | **51400000** | **51400000** |
| MERRILL LYNCH REV REPO 5.390% 08/09/24 DD 08/08/24 | **50900000** | **50900000** |
| MERRILL LYNCH REV REPO 5.390% 08/12/24 DD 08/09/24 | **52000000** | **52000000** |
| MERRILL LYNCH REV REPO 5.400% 06/07/24 DD 06/06/24 | **48000000** | **48000000** |
| MERRILL LYNCH REV REPO 5.400% 08/14/24 DD 08/13/24 | **45300000** | **45300000** |
| MERRILL LYNCH REV REPO 5.410% 05/31/24 DD 05/30/24 | **53200000** | **53200000** |
| MERRILL LYNCH REV REPO 5.410% 06/20/24 DD 06/18/24 | **100000** | **100000** |
| MERRILL LYNCH REV REPO 5.410% 07/31/24 DD 07/30/24 | **3200000** | **3200000** |
| MERRILL LYNCH REV REPO 5.410% 08/05/24 DD 08/02/24 | **54300000** | **54300000** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| MERRILL LYNCH REV REPO 5.420% 04/03/24 DD 04/02/24 | **8600000** | **8600000** |
| MERRILL LYNCH REV REPO 5.420% 07/03/24 DD 07/02/24 | **7600000** | **7600000** |
| MERRILL LYNCH REV REPO 5.440% 07/17/24 DD 07/16/24 | **100000** | **100000** |
| MERRILL LYNCH REV REPO 5.440% 08/01/24 DD 07/31/24 | **52100000** | **52100000** |
| MERRILL LYNCH REV REPO 5.450% 04/02/24 DD 04/01/24 | **56600000** | **56600000** |
| SOCIETE GENERALE REV REPO 5.280% 02/21/24 DD 02/20/24 | **10800000** | **10800000** |
| SOCIETE GENERALE REV REPO 5.280% 02/22/24 DD 02/21/24 | **6700000** | **6700000** |
| SOCIETE GENERALE REV REPO 5.310% 01/22/24 DD 01/19/24 | **9900000** | **9900000** |
| SOCIETE GENERALE REV REPO 5.330% 01/25/24 DD 01/24/24 | **10200000** | **10200000** |
| SOCIETE GENERALE REV REPO 5.330% 02/09/24 DD 02/08/24 | **9900000** | **9900000** |
| SOCIETE GENERALE REV REPO 5.350% 04/29/24 DD 04/26/24 | **9200000** | **9200000** |
| SOCIETE GENERALE REV REPO 5.350% 04/30/24 DD 04/29/24 | **9000000** | **9000000** |
| TORONTO DOMINION REV REPO 5.320% 01/22/24 DD 01/19/24 | **300000** | **300000** |
| **Total Securities Purchased Under Agreements to Resell** |  | $**14437000000** |
| **Fixed Income Securities** |  |  |
| ABU DHABI GOVERNMENT INTERNATIONAL 144A 5.500% 04/30/54 DD 04/30/24 | **400000** | $**402422** |
| ARGENTINA TREASURY BOND BONCER 0.000% 03/31/26 | **12338000** | **12470** |
| AUSTRALIA GOVERNMENT BOND REGS 3.500% 12/21/26 | **1600000** | **944461** |
| BANK OF AMERICA CORP VAR RT 07/23/31 DD 07/23/20 | **600000** | **507295** |
| BARCLAYS PLC REGS VAR RT 08/08/30 | **400000** | **449160** |
| BRAZIL LETRAS DO TESOURO NACIO 0.000% 04/01/25 | **4000000** | **669589** |
| BUNDESOBLIGATION REGS 2.500% 10/11/29 | **3400000** | **3613196** |
| BUNDESREPUBLIK DEUTSCHLAND REGS 2.500% 08/15/54 | **1200000** | **1250274** |
| BUNDESREPUBLIK DEUTSCHLAND REGS 2.600% 08/15/26 | **1400000** | **1507209** |
| CHARTER COMMUNICATIONS OPERATION 3.500% 03/01/42 DD 10/12/21 | **200000** | **138326** |
| CHASE HOME LENDING RPL2 A1A 144A VAR RT 08/25/64 DD 05/01/24 | **962858** | **849740** |
| DANSKE BANK A/S 144A VAR RT 03/01/30 DD 03/01/24 | **200000** | **197396** |
| DANSKE BANK A/S 144A VAR RT 10/02/30 DD 10/02/24 | **400000** | **389880** |
| DEUTSCHE BANK AG REGS VAR RT 09/05/30 | **200000** | **224098** |
| DEVELOPMENT BANK OF JAPAN REGS 0.010% 09/09/25 | **500000** | **528042** |
| FRENCH REPUBLIC GOVERNMENT 144A 3.000% 11/25/26 | **600000** | **627957** |
| GLENCORE FUNDING LLC 144A 5.371% 04/04/29 DD 04/04/24 | **400000** | **404182** |
| GOVERNMENT OF CANADA 2.500% 01-DEC-2032 BD SER P329 | **900000** | **624395** |
| GOVERNMENT OF CANADA 3.500% 01-SEP-2029 | **1200000** | **913613** |
| GOVERNMENT OF CANADA 4.000% 01-MAR-2029 SER Q988 | **2000000** | **1474905** |
| HSBC HOLDINGS PLC REGS VAR RT 03/10/32 | **400000** | **453023** |
| HUNGARY GOVERNMENT INTERNATIONAL 144A 5.500% 03/26/36 DD 01/10/24 | **400000** | **382649** |
| ITALY BUONI POLIENNALI DE REGS 0.000% 04/01/26 | **1200000** | **1221662** |
| ITALY BUONI POLIENNALI DE REGS 3.850% 02/01/35 | **4800000** | **5198174** |
| ITALY BUONI POLIENNALI DE REGS 3.850% 09/15/26 | **200000** | **215411** |
| JAPAN GOVERNMENT FIVE YEAR BOND 0.400% 06/20/29 | **100000000** | **635718** |
| JAPAN GOVERNMENT TEN YEAR BOND 0.900% 09/20/26 | **1180000000** | **7484745** |
| JAPAN GOVERNMENT THIRTY YEAR BOND 1.600% 12/20/53 | **9000000** | **50051** |
| JAPAN GOVERNMENT THIRTY YEAR BOND 1.800% 03/20/54 | **170000000** | **991037** |
| JAPAN GOVERNMENT THIRTY YEAR BOND 2.200% 06/20/54 | **110000000** | **702057** |
| JAPAN GOVERNMENT TWO YEAR BOND 0.100% 01/01/26 | **80000000** | **513237** |
| JAPAN TREASURY DISCOUNT BILL 0.000% 04/08/24 | **220000000** | **1489173** |
| JAPAN TREASURY DISCOUNT BILL 0.000% 04/15/24 | **300000000** | **2030662** |
| JAPAN TREASURY DISCOUNT BILL 0.000% 05/07/24 | **380000000** | **2572292** |
| JAPAN TREASURY DISCOUNT BILL 0.000% 05/20/25 | **120000000** | **771586** |
| JAPAN TREASURY DISCOUNT BILL 0.000% 05/27/24 | **330000000** | **2233853** |
| JAPAN TREASURY DISCOUNT BILL 0.000% 06/03/24 | **340000000** | **2301536** |
| JAPAN TREASURY DISCOUNT BILL 0.000% 06/10/24 | **60000000** | **406162** |
| JAPAN TREASURY DISCOUNT BILL 0.000% 06/17/24 | **270000000** | **1827689** |
| JAPAN TREASURY DISCOUNT BILL 0.000% 06/20/25 | **80000000** | **514457** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| JAPAN TREASURY DISCOUNT BILL 0.000% 09/30/24 | **150000000** | **1066390** |
| JAPAN TREASURY DISCOUNT BILL 0.000% 10/21/24 | **80000000** | **568729** |
| JAPAN TREASURY DISCOUNT BILL 0.000% 10/28/24 | **70000000** | **497632** |
| JAPAN TREASURY DISCOUNT BILL 0.000% 11/05/24 | **40000000** | **284352** |
| JAPAN TREASURY DISCOUNT BILL 0.000% 11/18/24 | **250000000** | **1777140** |
| JPMORGAN CHASE & CO VAR RT 01/23/35 DD 01/23/24 | **400000** | **401631** |
| JPMORGAN CHASE & CO VAR RT 10/22/28 DD 10/22/24 | **400000** | **396626** |
| JYSKE REALKREDIT A/S 1.500% 07/01/50 | **1** | **—** |
| KOREA NATIONAL OIL CORP 144A 4.250% 09/30/29 DD 09/30/24 | **400000** | **388524** |
| LETRA DEL TESORO NACIONAL CAPITALIZABLES 4.500% 01/17/25 | **360000** | **288** |
| MEXICAN BONOS 7.500% 06/03/27 | **2000000** | **99348** |
| MEXICAN BONOS 7.750% 05/29/31 | **300000** | **14052** |
| MEXICAN BONOS 8.500% 03/01/29 | **4000000** | **200287** |
| MEXICAN BONOS 8.500% 05/31/29 | **1200000** | **59760** |
| MORGAN STANLEY VAR RT 01/16/30 DD 01/18/24 | **200000** | **201412** |
| MORGAN STANLEY VAR RT 04/18/30 DD 04/19/24 | **600000** | **615814** |
| MORGAN STANLEY VAR RT 07/19/30 DD 07/19/24 | **600000** | **600289** |
| NATIONAL BANK OF HUNGARY BILL 0.000% 01/25/24 | **69000000** | **194531** |
| NATIONAL BANK OF HUNGARY BILL 0.000% 02/01/24 | **69000000** | **195318** |
| NORDEA KREDIT REALKREDITAKTIES 2.000% 10/01/47 | **1** | **—** |
| NORDEA KREDIT REALKREDITAKTIES 2.500% 10/01/47 | **1** | **—** |
| NYKREDIT REALKREDIT AS 1.500% 10/01/57 | **1** | **—** |
| NYKREDIT REALKREDIT AS REGS 1.000% 04/01/25 | **800000** | **114480** |
| NYKREDIT REALKREDIT AS REGS 1.500% 10/01/50 | **1** | **—** |
| NYKREDIT REALKREDIT AS REGS 2.500% 10/01/47 | **1** | **—** |
| PERUVIAN GOVERNMENT INTERNATIONAL 144A 6.150% 08/12/32 DD 07/21/17 | **700000** | **182752** |
| PRKCM 2024-HOME1 HOME1 A1 144A VAR RT 05/25/59 DD 05/01/24 | **914967** | **921711** |
| REALKREDIT DANMARK A/S REGS 1.000% 01/01/25 | **3200000** | **459569** |
| REALKREDIT DANMARK A/S REGS 1.000% 04/01/25 | **1200000** | **171719** |
| REALKREDIT DANMARK A/S REGS 2.500% 04/01/47 | **1** | **—** |
| REPUBLIC OF POLAND GOVERNMENT 4.625% 03/18/29 DD 03/18/24 | **400000** | **396322** |
| REPUBLIC OF POLAND GOVERNMENT 5.125% 09/18/26 DD 03/18/24 | **400000** | **392426** |
| REPUBLIC OF SOUTH AFRICA GOVERNMENT 8.000% 01/31/30 | **7400000** | **394066** |
| REPUBLIC OF SOUTH AFRICA GOVERNMENT 8.875% 02/28/35 | **15600000** | **786141** |
| SINGAPORE GOVERNMENT BOND 1.875% 10/01/51 | **30000** | **17155** |
| SINGAPORE GOVERNMENT BOND REGS 3.250% 06/01/54 | **1050000** | **844509** |
| SPAIN GOVERNMENT BOND 2.500% 05/31/27 | **600000** | **632928** |
| SPAIN GOVERNMENT BOND 2.800% 05/31/26 | **400000** | **442140** |
| UBS GROUP AG 144A VAR RT 02/08/35 DD 01/08/24 | **400000** | **407638** |
| UNITED KINGDOM GILT REGS 4.125% 07/22/29 | **1200000** | **1504263** |
| UNITED KINGDOM GILT REGS 4.250% 07/31/26 | **1600000** | **1989748** |
| UNITED KINGDOM GILT REGS 4.375% 07/31/54 | **400000** | **464749** |
| WELLS FARGO & CO VAR RT 07/25/28 DD 07/25/22 | **400000** | **399144** |
| WELLS FARGO BANK NA VAR RT 01/15/26 DD 01/23/24 | **600000** | **602424** |
| **Total Fixed Income Securities** |  | $**66409791** |
| **Common Stock** |  |  |
| BELLEVUE GOLD LTD | **744988** | $**656380** |
| CRH PLC | **1289** | **101605** |
| EXPORT DEVELOPMENT CANADA 144A 7.130% 03/11/29 | **11000000** | **130660** |
| HONG KONG EXCHANGES & CLEARING HK/00388 | **34673** | **1366552** |
| JAPAN POST INSURANCE CO LTD | **36800** | **692951** |
| JAPAN TOBACCO INC | **32700** | **901420** |
| PUIG BRANDS SA | **16399** | **297682** |
| PUMA SE | **4249** | **206152** |
| ROLLS-ROYCE HOLDINGS PLC | **44791** | **168660** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| ROVER GROUP INC | **4159** | **45299** |
| THK CO LTD | **24110** | **423101** |
| TIMEE INC | **47470** | **453535** |
| **Total Common Stock** |  | $**5443997** |
| **Derivatives** |  |  |
| 3 MONTH SOFR FUTURE (CME) EXP DEC 25 | **10** | $**(13688)** |
| 3 MONTH SOFR FUTURE (CME) EXP JUN 26 | **10** | **(14138)** |
| 3 MONTH SOFR FUTURE (CME) EXP MAR 25 | **42** | **(48056)** |
| 3 MONTH SOFR FUTURE (CME) EXP MAR 26 | **10** | **(14038)** |
| ALUMINUM HG FUTURE (LME) EXP JAN 24 | **18** | **(6148)** |
| ALUMINUM HG FUTURE (LME) EXP JAN 25 | **11** | **(68)** |
| AUSTRALIAN 10YR BOND FUTURE (SFE) EXP DEC 24 | **3** | **(34345)** |
| AUSTRALIAN 10YR BOND FUTURE (SFE) EXP JUN 24 | **14** | **29139** |
| AUSTRALIAN 10YR BOND FUTURE (SFE) EXP SEP 24 | **6** | **34176** |
| BRENT CRUDE FUTURE (ICE) EXP AUG 24 | **7** | **2171** |
| BRENT CRUDE FUTURE (ICE) EXP JAN 25 | **45** | **9580** |
| BRENT CRUDE FUTURE (ICE) EXP JUN 26 | **11** | **6062** |
| BRENT CRUDE FUTURE (ICE) EXP MAY 24 | **16** | **5242** |
| BRENT CRUDE OIL FUTURE (ICE) EXP FEB 25 | **32** | **(99338)** |
| BRENT CRUDE OIL FUTURE (ICE) EXP JUL 24 | **33** | **(198503)** |
| BRENT CRUDE OIL FUTURE (ICE) EXP NOV 24 | **21** | **(38431)** |
| BRENT CRUDE OIL FUTURE (ICE) EXP OCT 24 | **34** | **137579** |
| BRT/DUBAI 1ST LN FUTURE (ISF) EXP DEC 24 | **4** | **1315** |
| BRT/DUBAI 1ST LN FUTURE (ISF) EXP FEB 25 | **5** | **4333** |
| BRT/DUBAI 1ST LN FUTURE (ISF) EXP JAN 25 | **4** | **3751** |
| BRT/DUBAI 1ST LN FUTURE (ISF) EXP MAR 24 | **3** | **31** |
| BRT/DUBAI 1ST LN FUTURE (ISF) EXP MAY 24 | **1** | **1756** |
| CANADA 10YR BOND FUTURE (MSE) EXP DEC 24 | **6** | **(8912)** |
| CANADA 10YR BOND FUTURE (MSE) EXP JUN 24 | **13** | **(12233)** |
| CANADA 10YR BOND FUTURE (MSE) EXP SEP 24 | **14** | **48684** |
| CANADA 5YR BOND FUTURE (MSE) EXP DEC 24 | **34** | **(18124)** |
| CCP OIS R SOFR PUT JAN 25 004.250 ED 011525 | **3000000** | **15000** |
| CCP__IRS._P USD-SOFR-COMPOUND REC 2.31% 2025 JAN 16 | **2800000** | **—** |
| CCP_CDS. SP UL THE BOEING COMP REC 100BPS 2025 DEC 20 | **100000** | **621** |
| CCP_CDS._SP UL THE BOEING COMP REC 100BPS 2025 DEC 20 | **100000** | **—** |
| CCP_CDX. BP UL CDX.NA.IG.42 CM PAY 100BPS 2034 JUN 20 | **1600000** | **—** |
| CCP_CDX. BP UL CDX.NA.IG.43 CM PAY 100BPS 2034 DEC 20 | **1600000** | **—** |
| CCP_CDX. SP UL CDX.NA.IG.42_V1 REC 100BPS 2029 JUN 20 | **16200000** | **356673** |
| CCP_CDX. SP UL CDX.NA.IG.43 CM REC 100BPS 2029 DEC 20 | **17900000** | **387211** |
| CCP_CDX._BP UL CDX.NA.IG.42 CM PAY 100BPS 2034 JUN 20 | **1600000** | **(12140)** |
| CCP_CDX._BP UL CDX.NA.IG.43 CM PAY 100BPS 2034 DEC 20 | **1600000** | **(9212)** |
| CCP_CDX._SP UL CDX.NA.IG.42_V1 REC 100BPS 2029 JUN 20 | **16200000** | **—** |
| CCP_CDX._SP UL CDX.NA.IG.43 CM REC 100BPS 2029 DEC 20 | **17900000** | **—** |
| CCP_IRS. P AUD-BBR-BBSW 6M CME REC 3.75% 2030 MAR 19 | **6600000** | **—** |
| CCP_IRS. P CAD-CORRA-OIS-COMPO REC 1.22% 2025 MAR 03 | **1400000** | **—** |
| CCP_IRS. P CAD-CORRA-OIS-COMPO REC 1.5% 2025 JUN 17 | **500000** | **—** |
| CCP_IRS. P CAD-CORRA-OIS-COMPO REC 1.5% 2030 JUN 17 | **900000** | **—** |
| CCP_IRS. P CAD-CORRA-OIS-COMPO REC 1.71% 2029 OCT 02 | **200000** | **—** |
| CCP_IRS. P CAD-CORRA-OIS-COMPO REC 3.5% 2026 JUN 19 | **6000000** | **22895** |
| CCP_IRS. P CAD-CORRA-OIS-COMPO REC 3.5% 2026 MAR 19 | **1300000** | **3713** |
| CCP_IRS. P CAD-CORRA-OIS-COMPO REC 3.5% 2034 JUN 19 | **700000** | **19138** |
| CCP_IRS. P CAD-CORRA-OIS-COMPO REC 3.9% 2026 JUN 19 | **2500000** | **17582** |
| CCP_IRS. P CAD-CORRA-OIS-COMPO REC 3.93% 2026 JUN 19 | **2300000** | **17166** |
| CCP_IRS. P GBP-SONIA-COMPOUND REC 3.0% 2027 JUN 17 | **1100000** | **—** |
| CCP_IRS. P GBP-SONIA-COMPOUND REC 3.75% 2034 SEP 18 | **5850000** | **24213** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| CCP_IRS. P GBP-SONIA-COMPOUND REC 3.75% 2054 SEP 18 | **100000** | **—** |
| CCP_IRS. P GBP-SONIA-COMPOUND REC 4.0% 2029 SEP 18 | **6300000** | **16960** |
| CCP_IRS. P GBP-SONIA-COMPOUND REC 4.25% 2026 SEP 18 | **7800000** | **1452** |
| CCP_IRS. P ILS-TELBOR01-REUTER REC 4.1% 2029 SEP 19 | **300000** | **—** |
| CCP_IRS. P ILS-TELBOR01-REUTER REC 4.17% 2029 OCT 02 | **1800000** | **—** |
| CCP_IRS. P ILS-TELBOR01-REUTER REC 4.17% 2029 SEP 18 | **600000** | **—** |
| CCP_IRS. P ILS-TELBOR01-REUTER REC 4.35% 2029 SEP 24 | **700000** | **—** |
| CCP_IRS. P JPY-TONA-OIS-COMPOU REC 0.6% 2029 SEP 18 | **540000000** | **1424** |
| CCP_IRS. P JPY-TONA-OIS-COMPOU REC 0.85% 2033 SEP 20 | **20000000** | **—** |
| CCP_IRS. P JPY-TONA-OIS-COMPOU REC 1.0% 2034 SEP 18 | **370000000** | **19849** |
| CCP_IRS. P JPY-TONA-OIS-COMPOU REC 1.0% 2044 JUN 19 | **190000000** | **—** |
| CCP_IRS. P MXN-TIIE-BANXICO 28 REC 10.01% 2029 MAY 31 | **1000000** | **511** |
| CCP_IRS. P MXN-TIIE-BANXICO 28 REC 10.13% 2029 MAR 01 | **1200000** | **722** |
| CCP_IRS. P MXN-TIIE-BANXICO 28 REC 10.3% 2027 JUN 03 | **2000000** | **360** |
| CCP_IRS. P MXN-TIIE-BANXICO 28 REC 9.72% 2029 MAY 31 | **200000** | **—** |
| CCP_IRS. P MXN-TIIE-BANXICO 28 REC 9.74% 2029 MAR 01 | **300000** | **—** |
| CCP_IRS. P MXN-TIIE-BANXICO 28 REC 9.81% 2031 MAY 29 | **300000** | **133** |
| CCP_IRS. P MXN-TIIE-BANXICO 28 REC 9.93% 2029 MAR 01 | **1000000** | **205** |
| CCP_IRS. P MXN-TIIE-BANXICO 28 REC 9.94% 2029 MAR 01 | **1500000** | **331** |
| CCP_IRS. P NZD-BBR-FRA 3M CME REC 4.25% 2030 MAR 18 | **1800000** | **165** |
| CCP_IRS. P NZD-BBR-FRA 3M CME REC 4.75% 2029 JUN 19 | **1500000** | **37747** |
| CCP_IRS. P USD-SOFR-COMPOUND C REC 2.69% 2025 APR 04 | **300000** | **—** |
| CCP_IRS. P USD-SOFR-COMPOUND C REC 2.79% 2025 APR 10 | **200000** | **—** |
| CCP_IRS. P USD-SOFR-COMPOUND C REC 2.84% 2025 APR 10 | **200000** | **—** |
| CCP_IRS. P USD-SOFR-COMPOUND C REC 3.4% 2034 OCT 17 | **300000** | **—** |
| CCP_IRS. P USD-SOFR-COMPOUND C REC 3.46% 2034 NOV 01 | **300000** | **—** |
| CCP_IRS. P USD-SOFR-COMPOUND C REC 3.5% 2034 OCT 30 | **300000** | **—** |
| CCP_IRS. P USD-SOFR-COMPOUND C REC 3.5% 2054 DEC 18 | **300000** | **—** |
| CCP_IRS. P USD-SOFR-COMPOUND C REC 3.54% 2034 NOV 06 | **300000** | **—** |
| CCP_IRS. P USD-SOFR-COMPOUND C REC 3.74% 2034 JAN 23 | **100000** | **—** |
| CCP_IRS. P USD-SOFR-COMPOUND C REC 3.75% 2026 DEC 18 | **8300000** | **—** |
| CCP_IRS. P USD-SOFR-COMPOUND C REC 3.75% 2029 DEC 18 | **4800000** | **17005** |
| CCP_IRS. P USD-SOFR-COMPOUND C REC 3.75% 2029 JUN 20 | **8600000** | **7191** |
| CCP_IRS. P USD-SOFR-COMPOUND C REC 3.75% 2034 DEC 18 | **6300000** | **111649** |
| CCP_IRS. P USD-SOFR-COMPOUND C REC 3.86% 2034 FEB 21 | **100000** | **730** |
| CCP_IRS. P USD-SOFR-COMPOUND C REC 4.09% 2034 APR 30 | **100000** | **516** |
| CCP_IRS. P USD-SOFR-COMPOUND C REC 4.11% 2034 APR 24 | **100000** | **—** |
| CCP_IRS. R AUD-BBR-BBSW 6M CME PAY 4.5% 2034 JUN 19 | **1100000** | **201** |
| CCP_IRS. R CAD-CORRA-OIS-COMPO PAY 2.91% 2026 JUN 19 | **3500000** | **—** |
| CCP_IRS. R CAD-CORRA-OIS-COMPO PAY 3.25% 2028 MAR 15 | **200000** | **—** |
| CCP_IRS. R CAD-CORRA-OIS-COMPO PAY 3.25% 2033 MAR 15 | **1000000** | **—** |
| CCP_IRS. R CAD-CORRA-OIS-COMPO PAY 3.39% 2032 DEC 01 | **100000** | **—** |
| CCP_IRS. R CNY-CNREPOFIX=CFXS- PAY 2.25% 2029 SEP 18 | **29970000** | **—** |
| CCP_IRS. R GBP-SONIA-COMPOUND PAY 3.75% 2054 SEP 18 | **700000** | **56992** |
| CCP_IRS. R GBP-SONIA-COMPOUND PAY 4.25% 2026 SEP 18 | **300000** | **1387** |
| CCP_IRS. R GBP-SONIA-COMPOUND PAY 5.5% 2026 MAR 20 | **300000** | **—** |
| CCP_IRS. R JPY-TONA-OIS-COMPOU PAY 1.0% 2034 DEC 18 | **10000000** | **—** |
| CCP_IRS. R JPY-TONA-OIS-COMPOU PAY 1.5% 2054 SEP 18 | **60000000** | **20056** |
| CCP_IRS. R KRW-CD 91D 3M CME PAY 3.25% 2029 MAR 20 | **2181669000** | **—** |
| CCP_IRS. R KRW-CD-KSDA-BLOOMBE PAY 3.0% 2030 MAR 19 | **2329120000** | **—** |
| CCP_IRS. R KRW-CD-KSDA-BLOOMBE PAY 3.05% 2029 JUL 16 | **493870000** | **—** |
| CCP_IRS. R KRW-CD-KSDA-BLOOMBE PAY 3.25% 2029 SEP 18 | **2641490000** | **—** |
| CCP_IRS. R MXN-TIIE-BANXICO 28 PAY 8.67% 2029 MAY 31 | **380000** | **906** |
| CCP_IRS. R MXN-TIIE-BANXICO 28 PAY 8.68% 2029 MAY 31 | **800000** | **1894** |
| CCP_IRS. R MXN-TIIE-BANXICO 28 PAY 8.73% 2029 MAR 07 | **1000000** | **2269** |
| CCP_IRS. R MXN-TIIE-BANXICO 28 PAY 8.76% 2029 MAR 01 | **1000000** | **2205** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| CCP_IRS. R MXN-TIIE-BANXICO 28 PAY 8.81% 2031 MAY 29 | **300000** | **707** |
| CCP_IRS. R MXN-TIIE-BANXICO 28 PAY 9.01% 2029 MAR 01 | **1900000** | **3219** |
| CCP_IRS. R MXN-TIIE-BANXICO 28 PAY 9.07% 2027 JUN 03 | **1000000** | **1533** |
| CCP_IRS. R MXN-TIIE-BANXICO 28 PAY 9.26% 2027 JUN 03 | **900000** | **1144** |
| CCP_IRS. R NZD-BBR-FRA 3M CME PAY 3.75% 2027 JUN 15 | **400000** | **—** |
| CCP_IRS. R NZD-BBR-FRA 3M CME PAY 4.25% 2030 MAR 18 | **1100000** | **—** |
| CCP_IRS. R SGD-SORA-COMPOUND C PAY 2.75% 2029 SEP 18 | **5210000** | **—** |
| CCP_IRS. R SGD-SORA-COMPOUND C PAY 3.0% 2029 MAR 20 | **1800000** | **—** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 2.18% 2034 JAN 16 | **300000** | **39928** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 3.28% 2026 SEP 16 | **10300000** | **75955** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 3.5% 2054 JUN 20 | **1300000** | **46966** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 3.53% 2034 SEP 04 | **300000** | **6594** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 3.55% 2030 OCT 31 | **200000** | **2488** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 3.58% 2030 OCT 31 | **200000** | **2110** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 3.59% 2034 AUG 19 | **300000** | **5080** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 3.6% 2030 OCT 31 | **1100000** | **10137** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 3.62% 2030 OCT 31 | **100000** | **833** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 3.67% 2034 JAN 08 | **200000** | **—** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 3.69% 2030 OCT 31 | **200000** | **966** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 3.7% 2049 FEB 20 | **500000** | **12918** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 3.75% 2031 JUN 20 | **700000** | **1329** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 3.75% 2034 DEC 18 | **2100000** | **2792** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 3.75% 2034 JUN 20 | **11300000** | **99930** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 3.89% 2034 JUL 12 | **400000** | **—** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 4.0% 2026 JUN 20 | **7800000** | **79372** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 4.75% 2025 JUL 12 | **1000000** | **—** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 4.75% 2025 JUL 17 | **1500000** | **—** |
| CCP_IRS. R USD-SOFR-COMPOUND C PAY 4.75% 2025 JUN 24 | **5800000** | **—** |
| CCP_IRS._P AUD-BBR-BBSW 6M CME REC 3.75% 2030 MAR 19 | **6600000** | **(100388)** |
| CCP_IRS._P CAD-CORRA-OIS-COMPO REC 1.22% 2025 MAR 03 | **1400000** | **(26037)** |
| CCP_IRS._P CAD-CORRA-OIS-COMPO REC 1.5% 2025 JUN 17 | **500000** | **(13236)** |
| CCP_IRS._P CAD-CORRA-OIS-COMPO REC 1.5% 2030 JUN 17 | **900000** | **(46771)** |
| CCP_IRS._P CAD-CORRA-OIS-COMPO REC 1.71% 2029 OCT 02 | **200000** | **(7745)** |
| CCP_IRS._P CAD-CORRA-OIS-COMPO REC 3.5% 2026 JUN 19 | **6000000** | **—** |
| CCP_IRS._P CAD-CORRA-OIS-COMPO REC 3.5% 2026 MAR 19 | **1300000** | **—** |
| CCP_IRS._P CAD-CORRA-OIS-COMPO REC 3.5% 2034 JUN 19 | **700000** | **—** |
| CCP_IRS._P CAD-CORRA-OIS-COMPO REC 3.9% 2026 JUN 19 | **2500000** | **—** |
| CCP_IRS._P CAD-CORRA-OIS-COMPO REC 3.93% 2026 JUN 19 | **2300000** | **—** |
| CCP_IRS._P GBP-SONIA-COMPOUND REC 3.0% 2027 JUN 17 | **1100000** | **(30588)** |
| CCP_IRS._P GBP-SONIA-COMPOUND REC 3.75% 2034 SEP 18 | **5850000** | **(53047)** |
| CCP_IRS._P GBP-SONIA-COMPOUND REC 3.75% 2054 SEP 18 | **100000** | **(1568)** |
| CCP_IRS._P GBP-SONIA-COMPOUND REC 4.0% 2029 SEP 18 | **6300000** | **(34312)** |
| CCP_IRS._P GBP-SONIA-COMPOUND REC 4.25% 2026 SEP 18 | **7800000** | **(14293)** |
| CCP_IRS._P ILS-TELBOR01-REUTER REC 4.1% 2029 SEP 19 | **300000** | **(1529)** |
| CCP_IRS._P ILS-TELBOR01-REUTER REC 4.17% 2029 OCT 02 | **1800000** | **(7674)** |
| CCP_IRS._P ILS-TELBOR01-REUTER REC 4.17% 2029 SEP 18 | **600000** | **(2577)** |
| CCP_IRS._P ILS-TELBOR01-REUTER REC 4.35% 2029 SEP 24 | **700000** | **(1568)** |
| CCP_IRS._P JPY-TONA-OIS-COMPOU REC 0.6% 2029 SEP 18 | **540000000** | **(16402)** |
| CCP_IRS._P JPY-TONA-OIS-COMPOU REC 0.85% 2033 SEP 20 | **20000000** | **(52)** |
| CCP_IRS._P JPY-TONA-OIS-COMPOU REC 1.0% 2034 SEP 18 | **370000000** | **—** |
| CCP_IRS._P JPY-TONA-OIS-COMPOU REC 1.0% 2044 JUN 19 | **190000000** | **(98701)** |
| CCP_IRS._P MXN-TIIE-BANXICO 28 REC 10.01% 2029 MAY 31 | **1000000** | **—** |
| CCP_IRS._P MXN-TIIE-BANXICO 28 REC 10.13% 2029 MAR 01 | **1200000** | **—** |
| CCP_IRS._P MXN-TIIE-BANXICO 28 REC 10.3% 2027 JUN 03 | **2000000** | **—** |
| CCP_IRS._P MXN-TIIE-BANXICO 28 REC 9.72% 2029 MAY 31 | **200000** | **(23)** |
| CCP_IRS._P MXN-TIIE-BANXICO 28 REC 9.74% 2029 MAR 01 | **300000** | **(57)** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| CCP_IRS._P MXN-TIIE-BANXICO 28 REC 9.81% 2031 MAY 29 | **300000** | **—** |
| CCP_IRS._P MXN-TIIE-BANXICO 28 REC 9.93% 2029 MAR 01 | **1000000** | **—** |
| CCP_IRS._P MXN-TIIE-BANXICO 28 REC 9.94% 2029 MAR 01 | **1500000** | **—** |
| CCP_IRS._P NZD-BBR-FRA 3M CME REC 4.25% 2030 MAR 18 | **1800000** | **(4782)** |
| CCP_IRS._P NZD-BBR-FRA 3M CME REC 4.75% 2029 JUN 19 | **1500000** | **—** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 2.31% 2025 JAN 16 | **2800000** | **(81445)** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 2.69% 2025 APR 04 | **300000** | **(6664)** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 2.79% 2025 APR 10 | **200000** | **(4197)** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 2.84% 2025 APR 10 | **200000** | **(4099)** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 3.4% 2034 OCT 17 | **300000** | **(9533)** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 3.46% 2034 NOV 01 | **300000** | **(7930)** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 3.5% 2034 OCT 30 | **300000** | **(6932)** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 3.5% 2054 DEC 18 | **300000** | **(9026)** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 3.54% 2034 NOV 06 | **300000** | **(7673)** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 3.74% 2034 JAN 23 | **100000** | **(3852)** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 3.75% 2026 DEC 18 | **8300000** | **(14809)** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 3.75% 2029 DEC 18 | **4800000** | **(251)** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 3.75% 2029 JUN 20 | **8600000** | **(78669)** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 3.75% 2034 DEC 18 | **6300000** | **—** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 3.86% 2034 FEB 21 | **100000** | **—** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 4.09% 2034 APR 30 | **100000** | **—** |
| CCP_IRS._P USD-SOFR-COMPOUND C REC 4.11% 2034 APR 24 | **100000** | **(1360)** |
| CCP_IRS._R AUD-BBR-BBSW 6M CME PAY 4.5% 2034 JUN 19 | **1100000** | **(5131)** |
| CCP_IRS._R CAD-CORRA-OIS-COMPO PAY 2.91% 2026 JUN 19 | **3500000** | **(444)** |
| CCP_IRS._R CAD-CORRA-OIS-COMPO PAY 3.25% 2028 MAR 15 | **200000** | **(1701)** |
| CCP_IRS._R CAD-CORRA-OIS-COMPO PAY 3.25% 2033 MAR 15 | **1000000** | **(12875)** |
| CCP_IRS._R CAD-CORRA-OIS-COMPO PAY 3.39% 2032 DEC 01 | **100000** | **(137)** |
| CCP_IRS._R CNY-CNREPOFIX=CFXS- PAY 2.25% 2029 SEP 18 | **29970000** | **(83874)** |
| CCP_IRS._R GBP-SONIA-COMPOUND PAY 3.75% 2054 SEP 18 | **700000** | **—** |
| CCP_IRS._R GBP-SONIA-COMPOUND PAY 4.25% 2026 SEP 18 | **300000** | **—** |
| CCP_IRS._R GBP-SONIA-COMPOUND PAY 5.5% 2026 MAR 20 | **300000** | **(6880)** |
| CCP_IRS._R JPY-TONA-OIS-COMPOU PAY 1.0% 2034 DEC 18 | **10000000** | **(360)** |
| CCP_IRS._R JPY-TONA-OIS-COMPOU PAY 1.5% 2054 SEP 18 | **60000000** | **—** |
| CCP_IRS._R KRW-CD 91D 3M CME PAY 3.25% 2029 MAR 20 | **2181669000** | **(3832)** |
| CCP_IRS._R KRW-CD-KSDA-BLOOMBE PAY 3.0% 2030 MAR 19 | **2329120000** | **(4700)** |
| CCP_IRS._R KRW-CD-KSDA-BLOOMBE PAY 3.05% 2029 JUL 16 | **493870000** | **(2297)** |
| CCP_IRS._R KRW-CD-KSDA-BLOOMBE PAY 3.25% 2029 SEP 18 | **2641490000** | **(39462)** |
| CCP_IRS._R MXN-TIIE-BANXICO 28 PAY 8.67% 2029 MAY 31 | **380000** | **—** |
| CCP_IRS._R MXN-TIIE-BANXICO 28 PAY 8.68% 2029 MAY 31 | **800000** | **—** |
| CCP_IRS._R MXN-TIIE-BANXICO 28 PAY 8.73% 2029 MAR 07 | **1000000** | **—** |
| CCP_IRS._R MXN-TIIE-BANXICO 28 PAY 8.76% 2029 MAR 01 | **1000000** | **—** |
| CCP_IRS._R MXN-TIIE-BANXICO 28 PAY 8.81% 2031 MAY 29 | **300000** | **—** |
| CCP_IRS._R MXN-TIIE-BANXICO 28 PAY 9.01% 2029 MAR 01 | **1900000** | **—** |
| CCP_IRS._R MXN-TIIE-BANXICO 28 PAY 9.07% 2027 JUN 03 | **1000000** | **—** |
| CCP_IRS._R MXN-TIIE-BANXICO 28 PAY 9.26% 2027 JUN 03 | **900000** | **—** |
| CCP_IRS._R NZD-BBR-FRA 3M CME PAY 3.75% 2027 JUN 15 | **400000** | **(627)** |
| CCP_IRS._R NZD-BBR-FRA 3M CME PAY 4.25% 2030 MAR 18 | **1100000** | **(10098)** |
| CCP_IRS._R SGD-SORA-COMPOUND C PAY 2.75% 2029 SEP 18 | **5210000** | **(26343)** |
| CCP_IRS._R SGD-SORA-COMPOUND C PAY 3.0% 2029 MAR 20 | **1800000** | **(4126)** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 2.18% 2034 JAN 16 | **300000** | **—** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 3.28% 2026 SEP 16 | **10300000** | **—** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 3.5% 2054 JUN 20 | **1300000** | **—** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 3.53% 2034 SEP 04 | **300000** | **—** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 3.55% 2030 OCT 31 | **200000** | **—** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 3.58% 2030 OCT 31 | **200000** | **—** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 3.59% 2034 AUG 19 | **300000** | **—** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 3.6% 2030 OCT 31 | **1100000** | **—** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 3.6% 2034 JAN 17 | **400000** | **3146** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 3.62% 2030 OCT 31 | **100000** | **—** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 3.67% 2034 JAN 08 | **200000** | **(523)** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 3.69% 2030 OCT 31 | **200000** | **—** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 3.7% 2049 FEB 20 | **500000** | **—** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 3.75% 2031 JUN 20 | **700000** | **—** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 3.75% 2034 DEC 18 | **2100000** | **(3811)** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 3.75% 2034 JUN 20 | **11300000** | **(1789)** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 3.89% 2034 JUL 12 | **400000** | **(2945)** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 4.0% 2026 JUN 20 | **7800000** | **(165)** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 4.75% 2025 JUL 12 | **1000000** | **(1101)** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 4.75% 2025 JUL 17 | **1500000** | **(1763)** |
| CCP_IRS._R USD-SOFR-COMPOUND C PAY 4.75% 2025 JUN 24 | **5800000** | **(401)** |
| CCP_OIS. P CAD-CORRA-OIS-COMPO REC 3.5% 2025 DEC 18 | **7600000** | **15243** |
| CCP_OIS. P INR-FBIL-MIBOR-OIS- REC 6.25% 2029 SEP 18 | **446630000** | **—** |
| CCP_OIS. R INR-FBIL-MIBOR-OIS- PAY 6.5% 2029 SEP 18 | **85980000** | **—** |
| CCP_OIS. R INR-MIBOR-OIS COMPO PAY 6.0% 2030 MAR 19 | **11020000** | **1507** |
| CCP_OIS. R THB-THOR-OIS COMPOU PAY 2.25% 2029 MAR 20 | **31045000** | **—** |
| CCP_OIS. R THB-THOR-OIS COMPOU PAY 2.25% 2029 SEP 18 | **88390000** | **—** |
| CCP_OIS. R THB-THOR-OIS COMPOU PAY 2.5% 2029 MAR 20 | **57920000** | **—** |
| CCP_OIS. R THB-THOR-OIS COMPOU PAY 2.5% 2029 SEP 18 | **115500000** | **—** |
| CCP_OIS. R THB-THOR-OIS COMPOU PAY 2.75% 2034 SEP 18 | **10910000** | **—** |
| CCP_OIS. R USD-SOFR-COMPOUND 1 PAY 3.5% 2025 DEC 18 | **5700000** | **21548** |
| CCP_OIS._P CAD-CORRA-OIS-COMPO REC 3.5% 2025 DEC 18 | **7600000** | **—** |
| CCP_OIS._P INR-FBIL-MIBOR-OIS- REC 6.25% 2029 SEP 18 | **446630000** | **(18439)** |
| CCP_OIS._R INR-FBIL-MIBOR-OIS- PAY 6.5% 2029 SEP 18 | **85980000** | **(6259)** |
| CCP_OIS._R INR-MIBOR-OIS COMPO PAY 6.0% 2030 MAR 19 | **11020000** | **—** |
| CCP_OIS._R THB-THOR-OIS COMPOU PAY 2.25% 2029 MAR 20 | **31045000** | **(4750)** |
| CCP_OIS._R THB-THOR-OIS COMPOU PAY 2.25% 2029 SEP 18 | **88390000** | **(19483)** |
| CCP_OIS._R THB-THOR-OIS COMPOU PAY 2.5% 2029 MAR 20 | **57920000** | **(24681)** |
| CCP_OIS._R THB-THOR-OIS COMPOU PAY 2.5% 2029 SEP 18 | **115500000** | **(58821)** |
| CCP_OIS._R THB-THOR-OIS COMPOU PAY 2.75% 2034 SEP 18 | **10910000** | **(10151)** |
| CCP_OIS._R USD-SOFR-COMPOUND 1 PAY 3.5% 2025 DEC 18 | **5700000** | **—** |
| CCP_ZCS. R AUD-AONIA-OIS-COMPO PAY 4.34% 2024 SEP 25 | **9800000** | **585** |
| CCP_ZCS._R AUD-AONIA-OIS-COMPO PAY 4.34% 2024 SEP 25 | **9800000** | **—** |
| CDS. SP UL STATE OF ISRAEL R 100BPS 2027 JUN 20 | **600000** | **657** |
| CDS._BP UL REPUBLIC OF KOREA P 100BPS 2029 DEC 20 | **260000** | **(7954)** |
| CDS._BP UL REPUBLIC OF KOREA P 100BPS 2029 JUN 20 | **290000** | **(8861)** |
| CDS._BP UL REPUBLIC OF THE PHI P 100BPS 2024 DEC 20 | **1500000** | **(1547)** |
| CDS._BP UL REPUBLIC OF THE PHI P 100BPS 2025 JUN 20 | **2400000** | **(12640)** |
| CNH/USD SPOT OPTION 2024 CALL DEC 24 007.275 ED 12/06/24 | **50000** | **11000** |
| CNH/USD SPOT OPTION 2024 CALL DEC 24 007.400 ED 12/06/24 | **10000** | **340** |
| CNH/USD SPOT OPTION 2025 CALL FEB 25 007.300 ED 02/14/25 | **20000** | **2700** |
| CNH/USD SPOT OPTION 2025 CALL FEB 25 007.375 ED 02/14/25 | **30000** | **3735** |
| CNH/USD SPOT OPTION 2025 CALL FEB 25 007.450 ED 02/14/25 | **10000** | **900** |
| CNH/USD SPOT OPTION 2025 CALL JAN 25 007.300 ED 01/14/25 | **10000** | **1950** |
| CNH/USD SPOT OPTION 2025 CALL JAN 25 007.400 ED 01/23/25 | **10000** | **1090** |
| COCOA FUTURE (NYB) EXP DEC 24 | **6** | **(2931)** |
| COCOA FUTURE (NYB) EXP JUL 24 | **4** | **(51509)** |
| COCOA FUTURE (NYB) EXP MAY 24 | **4** | **78720** |
| COCOA FUTURE (NYB) EXP SEP 24 | **17** | **105424** |
| COFF ROBUSTA 10TN FUTURE (ICE) EXP JUL 24 | **15** | **(68827)** |
| COFF ROBUSTA 10TN FUTURE (ICE) EXP MAY 24 | **13** | **(86122)** |
| COFF ROBUSTA 10TN FUTURE (ICE) EXP NOV 24 | **15** | **(183432)** |
| COFF ROBUSTA 10TN FUTURE (ICE) EXP SEP 24 | **15** | **(49710)** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| COFFEE 'C' FUTURE (NYB) EXP DEC 24 | **4** | **87417** |
| COFFEE 'C' FUTURE (NYB) EXP JUL 24 | **6** | **23243** |
| COFFEE 'C' FUTURE (NYB) EXP MAY 24 | **2** | **43151** |
| COFFEE 'C' FUTURE (NYB) EXP SEP 24 | **5** | **(1008)** |
| COPPER FUTURE (CMX) EXP DEC 24 | **16** | **(6056)** |
| COPPER FUTURE (CMX) EXP JUL 24 | **9** | **6379** |
| COPPER FUTURE (CMX) EXP MAY 24 | **2** | **7994** |
| COPPER FUTURE (CMX) EXP SEP 24 | **32** | **102682** |
| COPPER FUTURE (LME) EXP MAR 24 | **2** | **(12970)** |
| CORN FUTURE (CBT) DEC 24 CALL DEC 24 600.000 ED 11/22/24 | **11** | **5129** |
| CORN FUTURE (CBT) DEC 24 PUT DEC 24 400.000 ED 11/22/24 | **11** | **(8281)** |
| CORN FUTURE (CBT) EXP DEC 24 | **134** | **30591** |
| CORN FUTURE (CBT) EXP MAY 24 | **98** | **103406** |
| CORN FUTURE (CBT) EXP SEP 24 | **146** | **489751** |
| COTTON NO 2 FUTURE (NYB) EXP DEC 24 | **19** | **37951** |
| COTTON NO 2 FUTURE (NYB) EXP MAY 24 | **6** | **(27011)** |
| CRUDE OIL FUTURE JUL 18 CALL JUL 18 050.000 ED 06/14/24 | **2** | **(85)** |
| CRUDE OIL FUTURE JUL 24 CALL JUL 24 92.50 ED 06/14/24 | **2** | **(104)** |
| ECX EMISSION FUTURE (EDX) EXP DEC 24 | **7** | **(56742)** |
| EURO-BOBL FUTURE (EUX) EXP JUN 24 | **10** | **21006** |
| EURO-BOBL FUTURE (EUX) EXP MAR 24 | **11** | **27089** |
| EURO-BOBL FUTURE (EUX) EXP SEP 24 | **11** | **(19639)** |
| EURO-BTP FUTURE (EUX) EXP DEC 24 | **26** | **28503** |
| EURO-BTP FUTURE (EUX) EXP JUN 24 | **26** | **(16175)** |
| EURO-BTP FUTURE (EUX) EXP SEP 24 | **27** | **69771** |
| EURO-BUND FUTURE (EUX) EXP DEC 24 | **21** | **(4687)** |
| EURO-BUND FUTURE (EUX) EXP JUN 24 | **4** | **8920** |
| EURO-BUND FUTURE (EUX) EXP SEP 24 | **17** | **49729** |
| EURO-BUXL 30Y BND FUTURE (EUX) EXP DEC 24 | **2** | **(6083)** |
| EURO-BUXL 30Y BND FUTURE (EUX) EXP JUN 24 | **2** | **(16066)** |
| EURO-BUXL 30Y BND FUTURE (EUX) EXP SEP 24 | **2** | **17024** |
| EURO-OAT FUTURE (EUX) EXP DEC 24 | **1** | **(562)** |
| EURO-OAT FUTURE (EUX) EXP JUN 24 | **13** | **38191** |
| EURO-OAT FUTURE (EUX) EXP SEP 24 | **12** | **7119** |
| EURO-SCHATZ FUTURE (EUX) EXP DEC 24 | **14** | **1542** |
| EURO-SCHATZ FUTURE (EUX) EXP JUN 24 | **14** | **10516** |
| EURO-SCHATZ FUTURE (EUX) EXP SEP 24 | **14** | **(15735)** |
| GAS OIL FUTURE (ICE) EXP NOV 24 | **6** | **3082** |
| GAS OIL FUTURE (ICE) EXP OCT 24 | **6** | **35930** |
| GASOLINE RBOB FUTURE (NYM) EXP AUG 24 | **12** | **35426** |
| GASOLINE RBOB FUTURE (NYM) EXP DEC 24 | **7** | **(39245)** |
| GASOLINE RBOB FUTURE (NYM) EXP JAN 25 | **14** | **(3073)** |
| GASOLINE RBOB FUTURE (NYM) EXP JUL 24 | **14** | **105352** |
| GASOLINE RBOB FUTURE (NYM) EXP MAR 25 | **4** | **(21514)** |
| GASOLINE RBOB FUTURE (NYM) EXP MAY 24 | **—** | **5937** |
| GASOLINE RBOB FUTURE (NYM) EXP NOV 24 | **21** | **70239** |
| GASOLINE RBOB FUTURE (NYM) EXP OCT 24 | **16** | **(87814)** |
| GASOLINE RBOB FUTURE (NYM) EXP SEP 24 | **4** | **88184** |
| GLOBEX NATURL GAS FUTURE (NYM) EXP APR 24 | **—** | **(315)** |
| GLOBEX NATURL GAS FUTURE (NYM) EXP AUG 24 | **19** | **42141** |
| GLOBEX NATURL GAS FUTURE (NYM) EXP OCT 24 | **—** | **(5711)** |
| GLOBEX NATURL GAS FUTURE (NYM) EXP SEP 24 | **22** | **75903** |
| GOLD 100 OZ FUTURE (CMX) EXP APR 24 | **136** | **(1714715)** |
| GOLD 100 OZ FUTURE (CMX) EXP AUG 24 | **146** | **(600188)** |
| GOLD 100 OZ FUTURE (CMX) EXP DEC 24 | **154** | **(2631342)** |
| GOLD 100 OZ FUTURE (CMX) EXP JUN 24 | **133** | **(1470224)** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| GOLD 100 OZ FUTURE (CMX) EXP OCT 24 | **3** | **1560** |
| HEATING OIL FUTURE (NYM) EXP DEC 24 | **3** | **(14791)** |
| HEATING OIL FUTURE (NYM) EXP NOV 24 | **2** | **(11526)** |
| HENRY HB BASIS (IFE) EXP FEB 24 | **32** | **(600)** |
| HENRY HB INDEX (IFE) EXP FEB 24 | **32** | **61432** |
| HENRY HB LD1 (IFE) EXP FEB 24 | **32** | **18400** |
| HENRY HB LD1 (IFE) EXP FEB 25 | **1** | **353** |
| HENRY HB LD1 (IFE) EXP FEB 27 | **2** | **661** |
| HENRY HB LD1 (IFE) EXP JAN 25 | **1** | **353** |
| HENRY HB LD1 (IFE) EXP JAN 27 | **2** | **661** |
| HENRY HB LD1 (IFE) EXP MAR 25 | **1** | **353** |
| HENRY HB LD1 (IFE) EXP MAR 27 | **2** | **661** |
| HENRY HB LD1 FUT (IFE) EXP APR 25 | **1** | **353** |
| HENRY HB LD1 FUT (IFE) EXP APR 27 | **2** | **661** |
| HENRY HB LD1 FUT (IFE) EXP DEC 25 | **1** | **353** |
| HENRY HB LD1 FUT (IFE) EXP DEC 27 | **2** | **661** |
| HENRY HB LD1 FUT (IFE) EXP MAY 25 | **1** | **353** |
| HENRY HB LD1 FUT (IFE) EXP MAY 27 | **2** | **661** |
| HENRY HB LD1 FUT (IFE) EXP NOV 25 | **1** | **353** |
| HENRY HB LD1 FUT (IFE) EXP NOV 27 | **2** | **661** |
| HENRY HB LD1 FUT (IFE) EXP OCT 25 | **1** | **353** |
| HENRY HB LD1 FUT (IFE) EXP OCT 27 | **2** | **661** |
| HENRY HUB LD1 FUT (IFE) EXP AUG 25 | **1** | **353** |
| HENRY HUB LD1 FUT (IFE) EXP AUG 27 | **2** | **661** |
| HENRY HUB LD1 FUT (IFE) EXP JUL 25 | **1** | **353** |
| HENRY HUB LD1 FUT (IFE) EXP JUL 27 | **2** | **661** |
| HENRY HUB LD1 FUT (IFE) EXP JUN 25 | **1** | **353** |
| HENRY HUB LD1 FUT (IFE) EXP JUN 27 | **2** | **661** |
| HENRY HUB LD1 FUT (IFE) EXP SEP 25 | **1** | **353** |
| HENRY HUB LD1 FUT (IFE) EXP SEP 27 | **2** | **661** |
| IRON ORE 62% (SGX) EXP JAN 25 | **21** | **(25435)** |
| IRON ORE 62% (SGX) EXP JUL 24 | **41** | **32525** |
| IRON ORE 62% (SGX) EXP MAY 24 | **47** | **(100655)** |
| IRON ORE 62% (SGX) EXP NOV 24 | **24** | **15120** |
| IRON ORE 62% (SGX) EXP SEP 24 | **7** | **(15920)** |
| IRS. P MYR-KLIBOR 3M R 3.75% 2029 SEP 18 | **1830000** | **1850** |
| IRS. P MYR-KLIBOR 3M R 3.84% 2029 APR 16 | **1580000** | **1513** |
| IRS. P MYR-KLIBOR 3M R 3.84% 2029 APR 17 | **820000** | **785** |
| IRS. R MYR-KLIBOR 3M P 3.5% 2029 SEP 18 | **5200000** | **810** |
| IRS. R MYR-KLIBOR 3M P 3.75% 2034 SEP 18 | **3220000** | **1828** |
| IRS._P MYR-KLIBOR 3M R 3.84% 2029 APR 16 | **1580000** | **—** |
| IRS._P MYR-KLIBOR 3M R 3.84% 2029 APR 17 | **820000** | **—** |
| IRS._R MYR-KLIBOR 3M P 3.5% 2029 SEP 18 | **9730000** | **(7113)** |
| IRS._R MYR-KLIBOR 3M P 3.75% 2034 SEP 18 | **3570000** | **(931)** |
| JETCIFNWE VS BNT1S FUTURE (ICE) EXP JUL 24 | **1** | **6088** |
| JETCIFNWE VS BNT1S FUTURE (ICE) EXP SEP 24 | **1** | **7170** |
| JETCIFNWE VS BNT1S FUTURE (ISF) EXP DEC 23 | **1** | **138** |
| JETCIFNWE VS BNT1S FUTURE (ISF) EXP DEC 24 | **—** | **5860** |
| JETCIFNWE VS BNTLS FUTURE (ICE) EXP AUG 24 | **1** | **8834** |
| JPN 10Y BOND FUTURE (OSE) EXP DEC 24 | **1** | **132** |
| JPN 10Y BOND FUTURE (OSE) EXP JUN 24 | **3** | **(31399)** |
| JPN 10Y BOND FUTURE (OSE) EXP SEP 24 | **2** | **(14294)** |
| KC HRW WHEAT FUTURE (CBT) EXP DEC 24 | **77** | **(180900)** |
| KC HRW WHEAT FUTURE (CBT) EXP MAY 24 | **11** | **(25657)** |
| KC HRW WHEAT FUTURE (CBT) EXP SEP 24 | **2** | **(11470)** |
| LEAD FUTURE (LME) EXP JAN 24 | **1** | **(24945)** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| LEAD FUTURE (LME) EXP JAN 25 | **10** | **(61)** |
| LEAD FUTURE (LME) EXP JUL 24 | **6** | **(22227)** |
| LEAD FUTURE (LME) EXP MAY 24 | **2** | **(22062)** |
| LEAD FUTURE (LME) EXP NOV 24 | **14** | **11164** |
| LEAD FUTURE (LME) EXP SEP 24 | **7** | **28133** |
| LEAN HOGS FUTURE (CME) EXP AUG 24 | **29** | **91535** |
| LEAN HOGS FUTURE (CME) EXP DEC 24 | **29** | **(112146)** |
| LEAN HOGS FUTURE (CME) EXP JUL 24 | **25** | **65161** |
| LEAN HOGS FUTURE (CME) EXP JUN 24 | **12** | **(31409)** |
| LEAN HOGS FUTURE (CME) EXP OCT 24 | **21** | **3361** |
| LIVE CATTLE FUTURE (CME) EXP AUG 24 | **21** | **64792** |
| LIVE CATTLE FUTURE (CME) EXP DEC 24 | **16** | **53181** |
| LIVE CATTLE FUTURE (CME) EXP JUN 24 | **8** | **(24208)** |
| LIVE CATTLE FUTURE (CME) EXP OCT 24 | **10** | **(11013)** |
| LONG GILT FUTURE (ICF) EXP DEC 24 | **12** | **61421** |
| LONG GILT FUTURE (ICF) EXP JUN 24 | **24** | **33164** |
| LONG GILT FUTURE (ICF) EXP SEP 24 | **25** | **(51061)** |
| LOSULGO1 VS BNT1S FUTURE (ISF) EXP DEC 23 | **1** | **(127)** |
| LOSULGO1 VS BNT1ST FUTURE (ICE) EXP AUG 24 | **1** | **(6931)** |
| LOSULGO1 VS BNT1ST FUTURE (ICE) EXP JUL 24 | **1** | **(4895)** |
| LOSULGO1 VS BNT1ST FUTURE (ICE) EXP SEP 24 | **1** | **(5140)** |
| LOSULGO1 VS BNT1ST FUTURE (ISF) EXP DEC 24 | **—** | **(4530)** |
| LOW SU GASOIL G FUTURE (ICE) EXP APR 24 | **1** | **585** |
| LOW SU GASOIL G FUTURE (ICE) EXP AUG 24 | **8** | **(20548)** |
| LOW SU GASOIL G FUTURE (ICE) EXP JAN 25 | **6** | **17290** |
| LOW SU GASOIL G FUTURE (ICE) EXP JUL 24 | **4** | **(8275)** |
| LOW SU GASOIL G FUTURE (ICE) EXP MAY 24 | **8** | **919** |
| MT BELV PROP 5 DE FUTURE (NYM) EXP ARP 24 | **12** | **13608** |
| MT BELV PROP 5 DE FUTURE (NYM) EXP JUN 24 | **6** | **(11750)** |
| MT BELV PROP 5 DE FUTURE (NYM) EXP MAR 24 | **6** | **(27615)** |
| MT BELV PROP 5 DE FUTURE (NYM) EXP MAY 24 | **—** | **35346** |
| NAT GAS EUR FUTURE (NYM) AUG 24 PUT AUG 24 002.550 ED 07/26/24 | **7** | **(38088)** |
| NAT GAS EUR FUTURE (NYM) AUG 24 PUT AUG 24 02.50 ED 07/26/24 | **3** | **(14823)** |
| NAT GAS EUR FUTURE (NYM) SEP 24 PUT AUG 24 002.200 ED 08/27/24 | **3** | **(8880)** |
| NAT GAS EUR FUTURE (NYM) SEP 24 PUT AUG 24 002.350 ED 08/27/24 | **3** | **(13380)** |
| NAT GAS EUR FUTURE (NYM) SEP 24 PUT AUG 24 002.400 ED 08/27/24 | **3** | **(14880)** |
| NAT GAS EUR FUTURE (NYM) SEP 24 PUT AUG 24 002.450 ED 08/27/24 | **3** | **(16380)** |
| NAT GAS EUR FUTURE (NYM) SEP 24 PUT AUG 24 002.550 ED 08/27/24 | **3** | **(19380)** |
| NAT GAS EUR FUTURE (NYM) SEP 24 PUT AUG 24 002.600 ED 08/27/24 | **3** | **(20880)** |
| NAT GAS EUR FUTURE AUG 24 PUT AUG 24 02.25 ED 07/26/24 | **10** | **(24412)** |
| NAT GAS EUR FUTURE SEP 24 PUT SEP 24 02.50 ED 08/27/24 | **4** | **(23840)** |
| NAT GAS FUTURE (ICE) EXP APR 24 | **5** | **5291** |
| NAT GAS FUTURE (ICE) EXP AUG 24 | **10** | **(1494)** |
| NAT GAS FUTURE (ICE) EXP DEC 24 | **10** | **5956** |
| NAT GAS FUTURE (ICE) EXP FEB 25 | **10** | **(14222)** |
| NAT GAS FUTURE (ICE) EXP JUL 24 | **5** | **6707** |
| NAT GAS FUTURE (ICE) EXP JUN 24 | **5** | **9001** |
| NAT GAS FUTURE (ICE) EXP MAY 24 | **5** | **(16159)** |
| NAT GAS FUTURE (ICE) EXP NOV 24 | **10** | **(14301)** |
| NAT GAS FUTURE (ICE) EXP OCT 24 | **5** | **5751** |
| NATURAL GAS FUTURE (NYM) EXP AUG 24 | **8** | **(24498)** |
| NATURAL GAS FUTURE (NYM) EXP JUN 24 | **35** | **67861** |
| NATURAL GAS FUTURE (NYM) EXP NOV 24 | **5** | **13404** |
| NATURAL GAS FUTURE (NYM) EXP SEP 24 | **85** | **411736** |
| NICKEL FUTURE (LME) EXP JAN 24 | **3** | **11246** |
| NICKEL FUTURE (LME) EXP JAN 25 | **5** | **(43)** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| NICKEL FUTURE (LME) EXP JUL 24 | **4** | **53253** |
| NICKEL FUTURE (LME) EXP MAY 24 | **1** | **(7629)** |
| NICKEL FUTURE (LME) EXP NOV 24 | **1** | **(24268)** |
| NICKEL FUTURE (LME) EXP SEP 24 | **5** | **(45878)** |
| NY HARB ULSD FUTURE (NYM) EXP JAN 25 | **14** | **(5315)** |
| NY HARB ULSD FUTURE (NYM) EXP JUL 24 | **11** | **1164** |
| NY HARB ULSD FUTURE (NYM) EXP MAY 24 | **13** | **(42468)** |
| NY HARB ULSD FUTURE (NYM) EXP SEP 24 | **1** | **20687** |
| PALLADIUM FUTURE (NYM) EXP DEC 24 | **2** | **(37575)** |
| PALLADIUM FUTURE (NYM) EXP JUN 24 | **1** | **(6547)** |
| PALLADIUM FUTURE (NYM) EXP SEP 24 | **3** | **(2096)** |
| PLATINUM FUTURE (NYM) EXP APR 24 | **3** | **112** |
| PLATINUM FUTURE (NYM) EXP JAN 25 | **1** | **(16426)** |
| PLATINUM FUTURE (NYM) EXP JUL 24 | **3** | **(6166)** |
| PLATINUM FUTURE (NYM) EXP OCT 24 | **3** | **(26744)** |
| PRI ALUMINUM FUTURE (LME) EXP JUL 24 | **18** | **(93739)** |
| PRI ALUMINUM FUTURE (LME) EXP MAY 24 | **16** | **1968** |
| PRI ALUMINUM FUTURE (LME) EXP NOV 24 | **24** | **(76757)** |
| PRI ALUMINUM FUTURE (LME) EXP SEP 24 | **12** | **81074** |
| SILVER FUTURE (CMX) EXP DEC 24 | **1** | **52753** |
| SILVER FUTURE (CMX) EXP JUL 24 | **8** | **24055** |
| SILVER FUTURE (CMX) EXP MAY 24 | **1** | **2162** |
| SILVER FUTURE (CMX) EXP SEP 24 | **8** | **43078** |
| SINGM92U VS BR1STL FUTURE (ISF) EXP DEC 24 | **3** | **4050** |
| SINGM92U VS BR1STL FUTURE (ISF) EXP JAN 25 | **2** | **4670** |
| SINGM92U VS BR1STL FUTURE (ISF) EXP NOV 24 | **2** | **2178** |
| SINGM92U VS BR1STL FUTURE (ISF) EXP OCT 24 | **1** | **2100** |
| SNG KEROS V SNG GAJAN25 EXP JAN 25 | **6** | **9790** |
| SNG KEROS VS SNG GASOIL EXP DEC 24 | **6** | **(2584)** |
| SNG KEROS VS SNG GASOIL EXP NOV 24 | **9** | **4618** |
| SNG KEROS VS SNG GASOIL EXP OCT 24 | **2** | **380** |
| SOYBEAN FUTURE (CBT) EXP JAN 25 | **9** | **47621** |
| SOYBEAN FUTURE (CBT) EXP MAY 24 | **12** | **(33322)** |
| SOYBEAN MEAL FUTURE (CBT) EXP DEC 24 | **67** | **(315626)** |
| SOYBEAN MEAL FUTURE (CBT) EXP JAN 25 | **56** | **(148732)** |
| SOYBEAN MEAL FUTURE (CBT) EXP MAY 24 | **41** | **(88554)** |
| SOYBEAN OIL FUTURE (CBT) EXP DEC 24 | **29** | **22861** |
| SOYBEAN OIL FUTURE (CBT) EXP JAN 25 | **32** | **(39332)** |
| SOYBEAN OIL FUTURE (CBT) EXP MAY 24 | **4** | **1223** |
| SUGAR #11 WORLD FUTURE (NYB) EXP OCT 24 | **20** | **27742** |
| TTF NAT GAS F FUTURE (EDX) EXP DEC 24 | **3** | **5364** |
| TTF NAT GAS F FUTURE (EDX) EXP JAN 25 | **6** | **(13800)** |
| TTF NAT GAS F FUTURE (EDX) EXP NOV 24 | **3** | **5364** |
| TTF NAT GAS F FUTURE (EDX) EXP OCT 24 | **2** | **(3424)** |
| UK NATURAL GAS FU FUTURE (ICE) EXP JAN 25 | **5** | **12777** |
| US 10YR NOTE FUTURE (CBT) EXP JUN 24 | **65** | **(21119)** |
| US 10YR NOTE FUTURE (CBT) EXP SEP 24 | **18** | **173950** |
| US 10YR NOTE FUTURE (CBT) SEP 24 CALL SEP 24 112.50 ED 08/23/24 | **6** | **(3)** |
| US 10YR NOTE FUTURE JUN 24 CALL JUN 24 109.750 ED 05/24/24 | **2** | **(17)** |
| US 10YR NOTE FUTURE JUN 24 PUT JUN 24 108.250 ED 05/24/24 | **2** | **(17)** |
| US 10YR TREAS NTS FUTURE (CBT) EXP DEC 24 | **64** | **(476378)** |
| US 10YR ULTRA FUTURE (CBT) EXP DEC 24 | **21** | **88774** |
| US 10YR ULTRA FUTURE (CBT) EXP JUN 24 | **14** | **21819** |
| US 10YR ULTRA FUTURE (CBT) EXP SEP 24 | **17** | **(80749)** |
| US 2YR NOTE FUTURE (CBT) EXP JUN 24 | **218** | **(302986)** |
| US 2YR NOTE FUTURE (CBT) EXP SEP 24 | **301** | **646003** |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)**

**December 31, 2024**

---

| | | |
|:---|:---|:---|
| **Identity of issue, borrower, lessor, or similar party, including maturity date,** | | **Proceeds of** |
| &nbsp;&nbsp;**rate of interest, collateral, par or maturity value** | **Shares / Par Value** | **Dispositions** |
| US 2YR TREAS NTS FUTURE (CBT) EXP DEC 24 | **291** | **(654110)** |
| US 5YR NOTE FUTURE (CBT) EXP JUN 24 | **97** | **(85430)** |
| US 5YR NOTE FUTURE (CBT) EXP SEP 24 | **74** | **23478** |
| US 5YR TREAS NTS FUTURE (CBT) EXP DEC 24 | **87** | **(100143)** |
| US LONG BOND FUTURE (CBT) EXP JUN 24 | **62** | **69081** |
| US TREAS BD FUTURE (CBT) EXP DEC 24 | **55** | **355425** |
| US TREAS BD FUTURE (CBT) EXP SEP 24 | **63** | **(404331)** |
| US ULTRA BOND FUTURE (CBT) EXP DEC 24 | **21** | **101660** |
| US ULTRA BOND FUTURE (CBT) EXP JUN 24 | **12** | **(12070)** |
| US ULTRA BOND FUTURE (CBT) EXP SEP 24 | **21** | **(2143)** |
| WHEAT FUTURE (CBT) EXP DEC 24 | **66** | **81666** |
| WHEAT FUTURE (CBT) EXP MAY 24 | **12** | **(17926)** |
| WHEAT FUTURE (CBT) EXP SEP 24 | **31** | **123642** |
| WTI CRUDE FUTURE (ICE) EXP JAN 25 | **1** | **(2521)** |
| WTI CRUDE FUTURE (NYM) DEC 24 PUT NOV 24 070.000 ED 11/15/24 | **17** | **60348** |
| WTI CRUDE FUTURE (NYM) EXP JUN 26 | **25** | **16922** |
| WTI CRUDE FUTURE (NYM) JUL 24 CALL JUN 24 091.500 ED 06/14/24 | **2** | **(124)** |
| WTI CRUDE FUTURE (NYM) JUL 24 CALL JUN 24 092.000 ED 06/14/24 | **4** | **(208)** |
| WTI CRUDE FUTURE (NYM) JUL 24 CALL JUN 24 094.000 ED 06/14/24 | **2** | **(84)** |
| WTI CRUDE FUTURE (NYM) JUN 24 CALL MAY 24 083.000 ED 05/16/24 | **3** | **(6548)** |
| WTI CRUDE FUTURE APR 24 CALL APR 24 80.00 ED 03/15/24 | **8** | **(6054)** |
| WTI CRUDE FUTURE JUN 24 CALL JUN 24 86.00 ED 05/16/24 | **2** | **(2545)** |
| ZINC FUTURE (LME) EXP JAN 24 | **3** | **(4894)** |
| ZINC FUTURE (LME) EXP JAN 25 | **5** | **(31)** |
| ZINC FUTURE (LME) EXP JUL 24 | **—** | **(8114)** |
| ZINC FUTURE (LME) EXP MAY 24 | **3** | **4868** |
| ZINC FUTURE (LME) EXP NOV 24 | **3** | **(10106)** |
| ZINC FUTURE (LME) EXP SEP 24 | **1** | **(4752)** |
| **Total Derivatives** |  | $**(5993449)** |
| **Total Acquired and Disposed of Within the Year** |  | $**14502860339** |
| Note: Par value is reflected in the underlying currency of the security, where applicable. |  |  |

---

------

THE GOLDMAN SACHS 401(k) PLAN

**Schedule H, Line 4j – Schedule of Reportable Transactions**

**December 31, 2024**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Identity of issue, borrower, lessor or**<br>**similar party** | **Purchase price** | **Number of transactions (purchases)** | **Selling price** | **Number of transactions (sales)** | **Cost** | **Current value<br>of asset on transaction date** | **Net gain or (loss)** |
| **Series of Transactions** | | | | | | | |
| DREYFUS INS RSRV PR MONEY 6546 | $**—** | **—** | $**1305937360** | **1683** | $**1305937360** | $**1305937360** | $**—** |
| DREYFUS INS RSRV PR MONEY 6546 | $**1333725032** | **1621** | $**—** | **—** | $**—** | $**1333725032** | $**—** |

---

------

**SIGNATURES**

*The Plan.* Pursuant to the requirements of the Securities Exchange Act of 1934, the Administrative Committee (or other persons who administer the employee benefit plan) has duly caused the annual report to be signed on its behalf by the undersigned hereunto duly authorized.

**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THE GOLDMAN SACHS 401(k) PLAN**

**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Members of the Administrative Committee**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By: <u>/s/ Nita Birla&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Nita Birla

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By: <u>/s/ Katie Gulasey&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Katie Gulasey

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By: <u>/s/ Doug Naumann&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Doug Naumann

Date: June 12, 2025

------

**INDEX TO EXHIBITS**

<u>Exhibit No.</u> <u>Description</u>

23&nbsp;&nbsp;&nbsp;&nbsp;<u>[Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm](exhibit23.htm)</u>

## Ex-23

EXHIBIT 23

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in the Registration Statement on Form S-8 (No. 333-42068) of The Goldman Sachs Group, Inc. of our report dated June 12, 2025 relating to the financial statements and supplemental schedules of The Goldman Sachs 401(k) Plan, which appears in this Form 11-K.

/s/ PricewaterhouseCoopers LLP

New York, New York

June 12, 2025

<br>