# EDGAR Filing Document

**Accession Number:** 0001907898
**File Stem:** 0001085146-23-001027
**Filing Date:** 2023-2
**Character Count:** 17825
**Document Hash:** 3ead18ae86018ff1ef2a6bc4fc4d4111
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-001027.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0001085146-23-001027

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**EFFECTIVENESS DATE**: 20230210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SC&H Financial Advisors, Inc.
- **CENTRAL INDEX KEY:** 0001907898
- **IRS NUMBER:** 522137226
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21743
- **FILM NUMBER:** 23612192

**BUSINESS ADDRESS:**
- **STREET 1:** 910 RIDGEBROOK ROAD
- **CITY:** SPARKS
- **STATE:** MD
- **ZIP:** 21152
- **BUSINESS PHONE:** 410-403-1500

**MAIL ADDRESS:**
- **STREET 1:** 910 RIDGEBROOK ROAD
- **CITY:** SPARKS
- **STATE:** MD
- **ZIP:** 21152

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** SC Financial Advisors Inc.<br>**Address:** 910 RIDGEBROOK ROAD<br>SPARKS, MD 21152

**Form 13F File Number:** 028-21743

**CRD Number (if applicable):** 000120666

**SEC File Number (if applicable):** 801-69985

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Jeffrey Schropp<br>**Title:** Chief Compliance Officer<br>**Phone:** 443-485-5862

**Signature, Place, and Date of Signing:**

/s/Jeffrey Schropp  Sparks, MD  02-10-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 125

**Form 13F Information Table Value Total:** $241340338

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 | BBG001SCXK90 | 255633 | 958 | SH |  | SOLE |  | 0 | 0 | 958 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 | BBG001S5NCQ5 | 254417 | 756 | SH |  | SOLE |  | 0 | 0 | 756 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 1240514 | 14060 | SH |  | SOLE |  | 0 | 0 | 14060 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 643163 | 7249 | SH |  | SOLE |  | 0 | 0 | 7249 |
| ALTRIA GROUP INC | COM | 02209S103 | BBG001S5T8T5 | 322503 | 7055 | SH |  | SOLE |  | 0 | 0 | 7055 |
| AMERICAN CENTY ETF TR | AVANTIS CORE FI | 025072562 | BBG00XTVX1T7 | 2044159 | 49889 | SH |  | SOLE |  | 0 | 0 | 49889 |
| AMERICAN CENTY ETF TR | AVANTIS EMGMKT | 025072604 | BBG00Q6ZDXT0 | 7036685 | 139478 | SH |  | SOLE |  | 0 | 0 | 139478 |
| AMERICAN CENTY ETF TR | AVANTIS SHFXDINC | 025072687 | BBG00XTVX698 | 1192219 | 25987 | SH |  | SOLE |  | 0 | 0 | 25987 |
| AMERICAN CENTY ETF TR | INTL EQT ETF | 025072703 | BBG00Q9MQ6T1 | 12559212 | 236120 | SH |  | SOLE |  | 0 | 0 | 236120 |
| AMERICAN CENTY ETF TR | INTL SMCP VLU | 025072802 | BBG00Q9MR7Z1 | 870176 | 15721 | SH |  | SOLE |  | 0 | 0 | 15721 |
| AMERICAN CENTY ETF TR | REAL ESTATE ETF | 025072356 | BBG012R478M7 | 832888 | 20255 | SH |  | SOLE |  | 0 | 0 | 20255 |
| AMERICAN CENTY ETF TR | US EQT ETF | 025072885 | BBG00Q9MPQH1 | 19772222 | 290725 | SH |  | SOLE |  | 0 | 0 | 290725 |
| AMERICAN CENTY ETF TR | US LARGE CAP VLU | 025072349 | BBG012NL46D0 | 1148840 | 22890 | SH |  | SOLE |  | 0 | 0 | 22890 |
| AMERICAN CENTY ETF TR | US SML CP VALU | 025072877 | BBG00Q9MQZW3 | 2923201 | 39232 | SH |  | SOLE |  | 0 | 0 | 39232 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 | BBG001S5NFD2 | 312100 | 3287 | SH |  | SOLE |  | 0 | 0 | 3287 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 | BBG001SPHYW3 | 592985 | 3890 | SH |  | SOLE |  | 0 | 0 | 3890 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 4595646 | 35370 | SH |  | SOLE |  | 0 | 0 | 35370 |
| ATMOS ENERGY CORP | COM | 049560105 | BBG001S5VG05 | 316466 | 2824 | SH |  | SOLE |  | 0 | 0 | 2824 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | BBG001S902J2 | 468711 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 726224 | 2351 | SH |  | SOLE |  | 0 | 0 | 2351 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 438301 | 6092 | SH |  | SOLE |  | 0 | 0 | 6092 |
| BROOKFIELD INFRAST PARTNERS | LP INT UNIT | G16252101 | BBG001S5P686 | 424380 | 13694 | SH |  | SOLE |  | 0 | 0 | 13694 |
| CINCINNATI FINL CORP | COM | 172062101 | BBG001S5PTM0 | 856251 | 8363 | SH |  | SOLE |  | 0 | 0 | 8363 |
| CINTAS CORP | COM | 172908105 | BBG001S7CRG1 | 419345 | 929 | SH |  | SOLE |  | 0 | 0 | 929 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 | BBG014KFRPJ9 | 218654 | 2536 | SH |  | SOLE |  | 0 | 0 | 2536 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 1230237 | 2695 | SH |  | SOLE |  | 0 | 0 | 2695 |
| DANAHER CORPORATION | COM | 235851102 | BBG001S5QGT0 | 353742 | 1333 | SH |  | SOLE |  | 0 | 0 | 1333 |
| DIMENSIONAL ETF TRUST | CORE FIXED INCOM | 25434V872 | BBG01254CL28 | 619565 | 14922 | SH |  | SOLE |  | 0 | 0 | 14922 |
| DIMENSIONAL ETF TRUST | EMERGING MKTS CO | 25434V732 | BBG017159MD8 | 2113845 | 94116 | SH |  | SOLE |  | 0 | 0 | 94116 |
| DIMENSIONAL ETF TRUST | EMGR CRE EQT MNG | 25434V302 | BBG00Y2PHW26 | 5991474 | 272960 | SH |  | SOLE |  | 0 | 0 | 272960 |
| DIMENSIONAL ETF TRUST | INFLATION PROTE | 25434V856 | BBG01254K0G0 | 1168227 | 28383 | SH |  | SOLE |  | 0 | 0 | 28383 |
| DIMENSIONAL ETF TRUST | INTL CORE EQT MK | 25434V203 | BBG00Y2PGDN6 | 9432193 | 376685 | SH |  | SOLE |  | 0 | 0 | 376685 |
| DIMENSIONAL ETF TRUST | INTL CORE EQUITY | 25434V799 | BBG01631TNW2 | 8823810 | 394801 | SH |  | SOLE |  | 0 | 0 | 394801 |
| DIMENSIONAL ETF TRUST | INTL HIGH PROFIT | 25434V765 | BBG01636J356 | 1129666 | 51232 | SH |  | SOLE |  | 0 | 0 | 51232 |
| DIMENSIONAL ETF TRUST | INTL SMALL CAP V | 25434V781 | BBG01633Y2Y6 | 307953 | 13866 | SH |  | SOLE |  | 0 | 0 | 13866 |
| DIMENSIONAL ETF TRUST | SHORT DURATION F | 25434V864 | BBG01254JDW6 | 1754301 | 38062 | SH |  | SOLE |  | 0 | 0 | 38062 |
| DIMENSIONAL ETF TRUST | US CORE EQT MKT | 25434V104 | BBG00Y2JG0C0 | 11370221 | 420808 | SH |  | SOLE |  | 0 | 0 | 420808 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 | BBG011DXY6D4 | 25305473 | 1042235 | SH |  | SOLE |  | 0 | 0 | 1042235 |
| DIMENSIONAL ETF TRUST | US EQUITY ETF | 25434V401 | BBG011DXXNJ2 | 7797016 | 187383 | SH |  | SOLE |  | 0 | 0 | 187383 |
| DIMENSIONAL ETF TRUST | US HIGH PROFITAB | 25434V831 | BBG015DLMLQ7 | 433404 | 18051 | SH |  | SOLE |  | 0 | 0 | 18051 |
| DIMENSIONAL ETF TRUST | US REAL ESTATE E | 25434V823 | BBG015GTL6R0 | 655149 | 30976 | SH |  | SOLE |  | 0 | 0 | 30976 |
| DIMENSIONAL ETF TRUST | US SMALL CAP ETF | 25434V500 | BBG011DXXVM0 | 2026618 | 39621 | SH |  | SOLE |  | 0 | 0 | 39621 |
| DIMENSIONAL ETF TRUST | US SMALL CAP VAL | 25434V815 | BBG015DG3GG1 | 1948487 | 78663 | SH |  | SOLE |  | 0 | 0 | 78663 |
| DIMENSIONAL ETF TRUST | US TARGETED VLU | 25434V609 | BBG011DXY0L8 | 1977218 | 44988 | SH |  | SOLE |  | 0 | 0 | 44988 |
| DIMENSIONAL ETF TRUST | WORLD EX US CORE | 25434V880 | BBG012G2PD33 | 4050464 | 187521 | SH |  | SOLE |  | 0 | 0 | 187521 |
| DTE ENERGY CO | COM | 233331107 | BBG001S5QN88 | 231194 | 1967 | SH |  | SOLE |  | 0 | 0 | 1967 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 | BBG001S5QNR7 | 234115 | 2273 | SH |  | SOLE |  | 0 | 0 | 2273 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 | BBG001SF2288 | 408490 | 5475 | SH |  | SOLE |  | 0 | 0 | 5475 |
| EVERSOURCE ENERGY | COM | 30040W108 | BBG001S5TRL1 | 1098841 | 13106 | SH |  | SOLE |  | 0 | 0 | 13106 |
| EXELON CORP | COM | 30161N101 | BBG001SBJMT2 | 329660 | 7626 | SH |  | SOLE |  | 0 | 0 | 7626 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 | BBG001S5NKC2 | 376137 | 1995 | SH |  | SOLE |  | 0 | 0 | 1995 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 381430503 | BBG00B0SKXY1 | 299572 | 3935 | SH |  | SOLE |  | 0 | 0 | 3935 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | BBG001SC07Z6 | 283299 | 825 | SH |  | SOLE |  | 0 | 0 | 825 |
| HCA HEALTHCARE INC | COM | 40412C101 | BBG001T8NTY2 | 233358 | 972 | SH |  | SOLE |  | 0 | 0 | 972 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 867240 | 2746 | SH |  | SOLE |  | 0 | 0 | 2746 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 228273 | 1065 | SH |  | SOLE |  | 0 | 0 | 1065 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 | BBG001V18CG8 | 1676839 | 26242 | SH |  | SOLE |  | 0 | 0 | 26242 |
| INVESCO EXCHANGE TRADED FD T | FTSE RAFI 1000 | 46137V613 | BBG001S6H5N8 | 624937 | 4028 | SH |  | SOLE |  | 0 | 0 | 4028 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 346684 | 1302 | SH |  | SOLE |  | 0 | 0 | 1302 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 | BBG003HC3DG9 | 1393589 | 29841 | SH |  | SOLE |  | 0 | 0 | 29841 |
| ISHARES TR | CORE 1 5 YR USD | 46432F859 | BBG003HC6JD6 | 1236565 | 26627 | SH |  | SOLE |  | 0 | 0 | 26627 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 | BBG003H6TRS0 | 7451432 | 120886 | SH |  | SOLE |  | 0 | 0 | 120886 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 | BBG003H6TMV7 | 750903 | 12973 | SH |  | SOLE |  | 0 | 0 | 12973 |
| ISHARES TR | CORE S MCP ETF | 464287507 | BBG001SFC7V0 | 811017 | 3353 | SH |  | SOLE |  | 0 | 0 | 3353 |
| ISHARES TR | CORE S SCP ETF | 464287804 | BBG001SFC7W9 | 1243196 | 13136 | SH |  | SOLE |  | 0 | 0 | 13136 |
| ISHARES TR | CORE S TTL STK | 464287150 | BBG001SHTRL5 | 1924770 | 22698 | SH |  | SOLE |  | 0 | 0 | 22698 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 6840126 | 17803 | SH |  | SOLE |  | 0 | 0 | 17803 |
| ISHARES TR | CORE TOTAL USD | 46434V613 | BBG006MJCSW0 | 1122408 | 24981 | SH |  | SOLE |  | 0 | 0 | 24981 |
| ISHARES TR | CORE US AGGBD ET | 464287226 | BBG001SM1QT8 | 1214316 | 12520 | SH |  | SOLE |  | 0 | 0 | 12520 |
| ISHARES TR | GLOBAL REIT ETF | 46434V647 | BBG006S5D3J3 | 2260291 | 99528 | SH |  | SOLE |  | 0 | 0 | 99528 |
| ISHARES TR | MSCI EAFE ETF | 464287465 | BBG001SG09V7 | 679960 | 10359 | SH |  | SOLE |  | 0 | 0 | 10359 |
| ISHARES TR | RUS 1000 ETF | 464287622 | BBG001S562W9 | 1099502 | 5223 | SH |  | SOLE |  | 0 | 0 | 5223 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 | BBG001S562P7 | 390893 | 2578 | SH |  | SOLE |  | 0 | 0 | 2578 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 | BBG001SFC7Y7 | 841644 | 4827 | SH |  | SOLE |  | 0 | 0 | 4827 |
| ISHARES TR | SELECT DIVID ETF | 464287168 | BBG001SDJVG2 | 315102 | 2613 | SH |  | SOLE |  | 0 | 0 | 2613 |
| ISHARES TR | U.S. ENERGY ETF | 464287796 | BBG001SFGXW8 | 294071 | 6325 | SH |  | SOLE |  | 0 | 0 | 6325 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 403710 | 2285 | SH |  | SOLE |  | 0 | 0 | 2285 |
| JPMORGAN CHASE  CO | COM | 46625H100 | BBG001S8CRC3 | 905936 | 6756 | SH |  | SOLE |  | 0 | 0 | 6756 |
| KIMBERLY-CLARK CORP | COM | 494368103 | BBG001S5SLZ0 | 454602 | 3349 | SH |  | SOLE |  | 0 | 0 | 3349 |
| LAM RESEARCH CORP | COM | 512807108 | BBG001S5SW40 | 334193 | 795 | SH |  | SOLE |  | 0 | 0 | 795 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 430650 | 2161 | SH |  | SOLE |  | 0 | 0 | 2161 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 879995 | 2531 | SH |  | SOLE |  | 0 | 0 | 2531 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 | BBG001S79S19 | 736328 | 8883 | SH |  | SOLE |  | 0 | 0 | 8883 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 518036 | 1966 | SH |  | SOLE |  | 0 | 0 | 1966 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 219861 | 1827 | SH |  | SOLE |  | 0 | 0 | 1827 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 | BBG001SB87G1 | 371481 | 257 | SH |  | SOLE |  | 0 | 0 | 257 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 3342356 | 13937 | SH |  | SOLE |  | 0 | 0 | 13937 |
| MONDELEZ INTL INC | CL A | 609207105 | BBG001SHHZJ3 | 405761 | 6088 | SH |  | SOLE |  | 0 | 0 | 6088 |
| NATIONAL RETAIL PROPERTIES I | COM | 637417106 | BBG001S6Z1P5 | 544742 | 11904 | SH |  | SOLE |  | 0 | 0 | 11904 |
| NORTHROP GRUMMAN CORP | COM | 666807102 | BBG001S5TP26 | 239826 | 440 | SH |  | SOLE |  | 0 | 0 | 440 |
| PAYCHEX INC | COM | 704326107 | BBG001S5V135 | 1082835 | 9370 | SH |  | SOLE |  | 0 | 0 | 9370 |
| PNC FINL SVCS GROUP INC | COM | 693475105 | BBG001S5V947 | 321185 | 2034 | SH |  | SOLE |  | 0 | 0 | 2034 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 5936925 | 39172 | SH |  | SOLE |  | 0 | 0 | 39172 |
| PROLOGIS INC. | COM | 74340W103 | BBG001S5NMN6 | 811917 | 7202 | SH |  | SOLE |  | 0 | 0 | 7202 |
| QUALCOMM INC | COM | 747525103 | BBG001S6VS70 | 211107 | 1920 | SH |  | SOLE |  | 0 | 0 | 1920 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 2650629 | 6931 | SH |  | SOLE |  | 0 | 0 | 6931 |
| SPDR SER TR | S DIVID ETF | 78464A763 | BBG001SPTBP8 | 1117649 | 8933 | SH |  | SOLE |  | 0 | 0 | 8933 |
| STARBUCKS CORP | COM | 855244109 | BBG001S72KH6 | 306745 | 3092 | SH |  | SOLE |  | 0 | 0 | 3092 |
| SYSCO CORP | COM | 871829107 | BBG001S5WJS8 | 214777 | 2809 | SH |  | SOLE |  | 0 | 0 | 2809 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 720222 | 1308 | SH |  | SOLE |  | 0 | 0 | 1308 |
| TRUIST FINL CORP | COM | 89832Q109 | BBG001S5YYC0 | 223013 | 5183 | SH |  | SOLE |  | 0 | 0 | 5183 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 1249696 | 2357 | SH |  | SOLE |  | 0 | 0 | 2357 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 | BBG001ST39Q2 | 1038347 | 13793 | SH |  | SOLE |  | 0 | 0 | 13793 |
| VANGUARD INDEX FDS | EXTEND MKT ETF | 922908652 | BBG001SK3J43 | 328280 | 2471 | SH |  | SOLE |  | 0 | 0 | 2471 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 | BBG001SHTTQ6 | 8439228 | 48446 | SH |  | SOLE |  | 0 | 0 | 48446 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 | BBG001SRN7S6 | 742023 | 4128 | SH |  | SOLE |  | 0 | 0 | 4128 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 | BBG001SRN7W1 | 1258276 | 9304 | SH |  | SOLE |  | 0 | 0 | 9304 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 | BBG001SHVTS1 | 650765 | 3193 | SH |  | SOLE |  | 0 | 0 | 3193 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 | BBG001SHVTR2 | 1246489 | 7849 | SH |  | SOLE |  | 0 | 0 | 7849 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 982647 | 5354 | SH |  | SOLE |  | 0 | 0 | 5354 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 1521397 | 7958 | SH |  | SOLE |  | 0 | 0 | 7958 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 | BBG001SHVR78 | 906636 | 6459 | SH |  | SOLE |  | 0 | 0 | 6459 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 501507 | 12866 | SH |  | SOLE |  | 0 | 0 | 12866 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 | BBG001T2YZG9 | 1765750 | 20487 | SH |  | SOLE |  | 0 | 0 | 20487 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 | BBG001T62M38 | 1153447 | 14881 | SH |  | SOLE |  | 0 | 0 | 14881 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 | BBG001T62M74 | 206418 | 3570 | SH |  | SOLE |  | 0 | 0 | 3570 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 | BBG001T62KZ7 | 398507 | 5300 | SH |  | SOLE |  | 0 | 0 | 5300 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 | BBG001SQX4T3 | 2435534 | 16039 | SH |  | SOLE |  | 0 | 0 | 16039 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 | BBG001TJR1D8 | 615887 | 11908 | SH |  | SOLE |  | 0 | 0 | 11908 |
| VANGUARD WORLD FDS | ENERGY ETF | 92204A306 | BBG001SHTV45 | 1960940 | 16169 | SH |  | SOLE |  | 0 | 0 | 16169 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 1177426 | 5667 | SH |  | SOLE |  | 0 | 0 | 5667 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 440307 | 3105 | SH |  | SOLE |  | 0 | 0 | 3105 |
| WISDOMTREE TR | US SMALLCAP DIVD | 97717W604 | BBG001SHKFX7 | 1778546 | 62537 | SH |  | SOLE |  | 0 | 0 | 62537 |
| XCEL ENERGY INC | COM | 98389B100 | BBG001S7F0X8 | 680203 | 9702 | SH |  | SOLE |  | 0 | 0 | 9702 |
| ZOETIS INC | CL A | 98978V103 | BBG0039320P7 | 415219 | 2833 | SH |  | SOLE |  | 0 | 0 | 2833 |

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