v3.26.1
Employee Benefit Plan, Fair Value and NAV (Tables)
 12 Months Ended
Dec. 31, 2025
EBP 91-1857900-003  
EBP, Investment, Fair Value and NAV [Line Items]  
EBP, Investment, Fair Value and NAV
The following tables sets forth by level, within the fair value hierarchy, the Plan’s assets at fair value on a recurring basis as of December 31, 2025 and 2024:
Investments at Fair Value as of December 31, 2025
Level 1Level 2Level 3Total
Mutual funds$115,378,465 $— $— $115,378,465 
Heritage Financial Corporation common stock5,526,911 — — 5,526,911 
Money market accounts368,595 — — 368,595 
Total investments in the fair value hierarchy121,273,971 — — 121,273,971 
Stable value collective trust fund (1)
3,570,103 
Total investments at fair value$121,273,971 $— $— $124,844,074 
Investments at Fair Value as of December 31, 2024
Level 1Level 2Level 3Total
Mutual funds$99,520,889 $— $— $99,520,889 
Heritage Financial Corporation common stock5,385,321 — — 5,385,321 
Money market accounts233,450 — — 233,450 
Total investments in the fair value hierarchy105,139,660 — — 105,139,660 
Stable value collective trust fund (1)
6,204,289 
Total investments at fair value$105,139,660 $— $— $111,343,949 
(1) In accordance with FASB Accounting Codification Standards ("ASC") 820-10, certain investments that were measured at net asset value per share (or its equivalent) have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the line items presented in the statement of net assets available for benefits.