Federal Income Tax Status |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| EBP 041 | |
| EBP, Tax Status [Line Items] | |
| Federal Income Tax Status | FEDERAL INCOME TAX STATUS The Internal Revenue Service (IRS) has determined and informed the Company by a letter dated August 7, 2020, that the Plan and related trust are designed in accordance with the applicable sections of the IRC. Although the Plan has been amended since receiving the determination letter, the Plan administrator and the Plan's tax counsel believe that the Plan is designed, and is currently being operated, in compliance with the applicable requirements of the IRC and, therefore, believe that the Plan is qualified and the related trust is tax-exempt. GAAP requires Plan management to evaluate tax positions taken by the Plan and recognize a tax liability if the Plan has taken an uncertain tax position that more likely than not would not be sustained upon examination by the IRS. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.
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