| Schedule of Plan Assets at Fair Value |
The
following tables set forth by level, within the fair value hierarchy, the Plan’s assets at fair value as of December 31, 2025 and
2024.
Schedule
of Plan Assets at Fair Value
| Description | |
Level
1 | | |
Level
2 | | |
Level
3 | | |
Total | |
| | |
Assets
at Fair Value as of December 31, 2025 | |
| Description | |
Level
1 | | |
Level
2 | | |
Level
3 | | |
Total | |
| Registered investment companies | |
$ | 33,079,519 | | |
$ | - | | |
$ | - | | |
$ | 33,079,519 | |
| Omega Flex, Inc. stock | |
| 199,485 | | |
| - | | |
| - | | |
| 199,485 | |
| Investments before NAV | |
$ | 33,279,004 | | |
$ | - | | |
$ | - | | |
| 33,279,004 | |
| Investments measured
at NAV (a) | |
| | | |
| | | |
| | | |
| 257,326 | |
| Investments at fair
value | |
| | | |
| | | |
| | | |
$ | 33,536,330 | |
Omega
Flex, Inc. 401(k) Profit Sharing Plan
Notes to the Financial Statements
As of and For the Years Ended
December 31, 2025 and 2024
Investments
and Fair Value Measurements (continued)
| Description | |
Level
1 | | |
Level
2 | | |
Level
3 | | |
Total | |
| | |
Assets
at Fair Value as of December 31, 2024 | |
| Description | |
Level
1 | | |
Level
2 | | |
Level
3 | | |
Total | |
| Registered investment companies | |
$ | 27,978,154 | | |
$ | - | | |
$ | - | | |
$ | 27,978,154 | |
| Omega Flex, Inc. stock | |
| 298,029 | | |
| - | | |
| - | | |
| 298,029 | |
| Investments before NAV | |
$ | 28,276,183 | | |
$ | - | | |
$ | - | | |
| 28,276,183 | |
| Investments measured
at NAV (a) | |
| | | |
| | | |
| | | |
| 226,434 | |
| Investments at fair
value | |
| | | |
| | | |
| | | |
$ | 28,502,617 | |
| (a) | In
accordance with Subtopic 820-10 as amended by ASU 2015-07, certain investments that were
measured at NAV per share (or its equivalent) as a practical expedient 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 statements
of net assets available for benefits. |
|
| Schedule of Fair Value Estimated Using NAV Per Share |
The
following table sets forth additional disclosures of the Plan’s investments whose fair value is estimated using NAV per share (or
its equivalent) as of December 31, 2025:
Schedule
of Fair Value Estimated Using NAV Per Share
| Investment | |
Fair
Value | | |
Unfunded
Commitment | | |
Redemption
Frequency | |
Redemption
Notice Period |
| Collective investment fund | |
$ | 257,326 | | |
$ | - | | |
Daily | |
Daily |
The
following table sets forth additional disclosures of the Plan’s investments whose fair value is estimated using NAV per share (or
its equivalent) as of December 31, 2024:
| Investment | |
Fair
Value | | |
Unfunded
Commitment | | |
Redemption
Frequency | |
Redemption
Notice Period |
| Collective investment fund | |
$ | 226,434 | | |
$ | - | | |
Daily | |
Daily |
|