v3.26.1
Reconciliation of Financial Statements to Form 5500
12 Months Ended
Dec. 31, 2025
EBP 004 [Member]  
EBP, Statement of Net Asset Available for Benefit [Line Items]  
Reconciliation of Financial Statements to Form 5500
8.
RECONCILIATION OF FINANCIAL STATEMENTS TO FORM 5500

The following describes classification differences between the financial statements and the Form 5500:

 

 

2025

 

 

2024

 

Net assets available for benefits per the financial statements

 

$

2,502,189,926

 

 

$

2,298,825,959

 

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

 

 

(11,767,957

)

 

 

(21,587,067

)

Net assets available for benefits per Form 5500

 

$

2,490,421,969

 

 

$

2,277,238,892

 

The Form 5500 includes a Net Investment Gain of $312,614,196 from Master Trust Investments for the year ended December 31, 2025 consisting of $314,736,461 of Investment Gains (comprised of the $304,917,351 of the Plan’s interest in gains of the Master Trust plus the $9,819,110 adjustment from fair value to contract value for fully benefit-responsive investment contracts) minus $2,122,265 of administrative expenses.