v3.26.1
Investment in Master Trust
 12 Months Ended
Dec. 31, 2025
EBP 002  
EBP, Master Trust [Line Items]  
Investment in Master Trust Investment in Master Trust
The Plan’s investments are held in the Master Trust, which was established for the investment of assets of the Plan and other plans sponsored by the Company. At December 31, 2025 and 2024, the Master Trust included assets of the Plan and assets of the Gardner Denver, Inc. Individual Account Retirement Plan for Bargaining Unit Employees. Each participating retirement plan has a divided interest in the Master Trust. The Plan may invest in any or all of the investments in the Master Trust. Financial information relating to the investments in the Master Trust is included in the financial statements which is administered by the Trustee.
Investment income and administrative expenses relating to the Master Trust are allocated to the individual plans based upon units of participation held by each plan. Administrative and investment management expenses are paid from the Master Trust and are allocated to the Plan as a reduction of investment income.
The value of the Plan’s interest in the Master Trust is based on the beginning of year value of the Plan's specific investments in the Master Trust plus actual contributions and allocated investment income less actual distributions and allocated administrative expenses. Although the investments of the various plans are commingled in the Master Trust, the Trustee maintains separate supporting records for the purpose of tracking the individual activity of the Plan.
The following table presents the investments and other assets and liabilities of the Master Trust and the Plan’s divided interest as of December 31, 2025 and 2024:
December 31, 2025December 31, 2024
Master Trust BalancesPlan's Interest In Master Trust BalancesMaster Trust BalancePlan's Interest in Master Trust Balances
Assets
Investments - at fair value
Registered investment companies$326,152,025 $325,848,459 $286,047,219 $285,807,775 
Self-directed brokerage accounts79,879,705 79,879,705 62,442,672 62,442,672 
Common/collective trusts1,132,779,610 1,131,623,524 991,174,189 990,089,794 
Ingersoll Rand Stock Fund35,848,530 35,848,530 45,838,132 45,838,132 
Total Investments - at Fair Value$1,574,659,870 $1,573,200,218 $1,385,502,212 $1,384,178,373 
The following are net appreciation in the fair value of investments, investment income and administrative expenses for the Master Trust for the years ended December 31, 2025 and 2024:
For the year ended December 31,
20252024
Investment Income
Net appreciation in fair value of investments$220,374,006 $200,540,174 
Dividends and interest9,500,892 10,013,959 
Total Investment Income$229,874,898 $210,554,133 
Administrative expenses$739,521 $607,302