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        <fairValLevel>1</fairValLevel>
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        <name>Goldman Sachs Financial Square Funds - Government Fund</name>
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        <fairValLevel>1</fairValLevel>
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        <name>N/A</name>
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          <isin value="DE000C5GTXB2"/>
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                <issuerName>Federal Republic of Germany</issuerName>
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      <invstOrSec>
        <name>Goldman Sachs Financial Square Funds - Treasury Obligations Fund</name>
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          <isin value="US38141W3236"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>iShares Core S&amp;P 500 ETF</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>ICE Clear Europe</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <other otherDesc="Inhouse Sedol" value="ESH1IDX"/>
          <other otherDesc="Future Ticker" value="ESH1 Index"/>
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              <counterpartyName>CME Clearing House</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
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          <isin value="DE000C31Y1X2"/>
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              <counterpartyName>Eurex Clearing</counterpartyName>
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      <invstOrSec>
        <name>iShares Core MSCI Emerging Markets ETF</name>
        <lei>5493007C24Z3ZDJ0VD06</lei>
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      <invstOrSec>
        <name>Goldman Sachs Financial Square Funds - Treasury Instruments Fund</name>
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      <invstOrSec>
        <name>N/A</name>
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        <title>TOPIX Index</title>
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          <other otherDesc="Inhouse Sedol" value="TPH1IDX"/>
          <other otherDesc="Future Ticker" value="TPH1 Index"/>
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              <counterpartyName>Japan Securities Clearing</counterpartyName>
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      <invstOrSec>
        <name>Vanguard S&amp;P 500 ETF</name>
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        <fairValLevel>1</fairValLevel>
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    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2021-02-01</ncom:dateSigned>
      <ncom:nameOfApplicant>Goldman Sachs Variable Insurance Trust</ncom:nameOfApplicant>
      <ncom:signature>Peter Fortner</ncom:signature>
      <ncom:signerName>Peter Fortner</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
