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RECONCILIATION OF FINANCIAL STATEMENTS TO FORM 5500 (Tables)
12 Months Ended
Dec. 31, 2025
Reliance, Inc. Master 401(k) Plan  
RECONCILIATION OF FINANCIAL STATEMENTS TO FORM 5500  
Reconciliations of net assets and changes in net assets available for benefits as reported on Form 5500 with that reported in the accompanying financial statements

December 31,

2025

  ​

2024

Net assets available for benefits as reported on the Form 5500

$

1,848,568,908

$

1,653,223,283

Adjustment from fair market value per Trustee to NAV for the MIP

680,929

1,707,480

Net assets available for benefits

$

1,849,249,837

$

1,654,930,763

Year Ended December 31,

2025

Net income as reported on the Form 5500

$

158,604,006

Investments:

Adjustment from fair market value per Trustee to NAV for the MIP

Beginning of year

(1,707,480)

End of year

680,929

Net increase before transfers

$

157,577,455