v3.26.1
FORM 5500 RECONCILIATION
12 Months Ended
Dec. 31, 2025
401(k) Plan  
FORM 5500 RECONCILIATION  
FORM 5500 RECONCILIATION

NOTE 9 - FORM 5500 RECONCILIATION

Following is a reconciliation of net assets available for benefits per the financial statements at December 31, 2025 and 2024 to net assets per the Form 5500 (amounts in thousands):

  ​ ​ ​

2025

  ​ ​ ​

2024

Net assets available for benefits per the financial statements

$

3,898,054

$

3,761,181

Adjustment from contract value to fair value for fully benefit responsive investment contracts

 

(10,606)

 

(21,075)

Net assets per the Form 5500

$

3,887,448

$

3,740,106

Following is a reconciliation of the increase in net assets available for benefits per the financial statements for the year ended December 31, 2025, to the net gain per the Form 5500 (amounts in thousands):

Increase in net assets available for benefits per the financial statements

  ​ ​ ​

$

136,873

Change in the adjustment from contract value to fair value for fully benefit responsive investment contracts as of December 31, 2025

 

10,469

Net gain per the Form 5500

$

147,342