0001337068 mgyr:EBP002Member 2025-12-31 0001337068 srt:MaximumMember Participants mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 srt:MinimumMember Participants mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Principal Life Insurance Company Registered Investment Company Principal Gov Money Mkt R6 Fund mgyr:EBP002Member 2025-12-31 0001337068 Principal Life Insurance Company Pooled Separate Account Prin LgCp S&P 500 Index SA-Z mgyr:EBP002Member 2025-12-31 0001337068 Principal Life Insurance Company Insurance Company General Principal Guaranteed Option mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Value Index Adm Fund mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2070 Inv Fund mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2065 Inv Fund mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2060 Inv Fund mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2055 Inv Fund mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2050 Inv Fund mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2045 Inv Fund mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2040 Inv Fund mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2035 Inv Fund mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2030 Inv Fund mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2025 Inv Fund mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2020 Inv Fund mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt Inc Inv Fund mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Sm Cap Index Adm Fund mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Mid Cap Index Adm Fund mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Intl Growth Adm Fund mgyr:EBP002Member 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Growth Index Adm Fund mgyr:EBP002Member 2025-12-31 0001337068 PIMCO Funds Registered Investment Company PIMCO Income Institutional Fund mgyr:EBP002Member 2025-12-31 0001337068 PGIM Investments Registered Investment Company PGIM High Yield R6 Fund mgyr:EBP002Member 2025-12-31 0001337068 MFS Investment Management Registered Investment Company MFS Intl Diversification R6 Fund mgyr:EBP002Member 2025-12-31 0001337068 Loomis Sayles Registered Investment Company Loomis Sayles Gl Alloc N Fund mgyr:EBP002Member 2025-12-31 0001337068 Janus International Holding, LLC Registered Investment Company Janus Henderson Blncd N mgyr:EBP002Member 2025-12-31 0001337068 Federated Registered Investment Company Fed Hermes Mdt Md Cp Gr R6 Fund mgyr:EBP002Member 2025-12-31 0001337068 Fidelity Investments Registered Investment Company Fidelity Adv Sm Cap Val Z Fund mgyr:EBP002Member 2025-12-31 0001337068 Dimensional Fund Advisors Registered Investment Company DFA US Sm Cap Growth Instl Fund mgyr:EBP002Member 2025-12-31 0001337068 Dimensional Fund Advisors Registered Investment Company DFA Infl Protected Sec I Fund mgyr:EBP002Member 2025-12-31 0001337068 The American Funds Registered Investment Company American Funds Newworld R6 mgyr:EBP002Member 2025-12-31 0001337068 SEI Trust Company Registered Investment Company AllSpring Spec M Cap Value R6 mgyr:EBP002Member 2025-12-31 0001337068 BlackRock Registered Investment Company iShs US Agg Bond Index K Fund mgyr:EBP002Member 2025-12-31 0001337068 Magyar Bancorp, Inc. Stock Employer Security Magyar Bancorp, Inc. mgyr:EBP002Member 2025-12-31 0001337068 mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 us-gaap-ebp:EmployeeBenefitPlanEmployerCommonStockMember mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 us-gaap-ebp:EmployeeBenefitPlanEmployerCommonStockMember mgyr:EBP002Member 2024-12-31 0001337068 us-gaap-ebp:EmployeeBenefitPlanEmployerCommonStockMember mgyr:EBP002Member 2025-12-31 0001337068 mgyr:EBP002Member 2024-12-31 0001337068 us-gaap:FairValueInputsLevel2Member mgyr:EBP002Member 2024-12-31 0001337068 us-gaap:FairValueInputsLevel1Member mgyr:EBP002Member 2024-12-31 0001337068 us-gaap:FairValueInputsLevel2Member mgyr:EBP002Member 2025-12-31 0001337068 us-gaap:FairValueInputsLevel1Member mgyr:EBP002Member 2025-12-31 0001337068 mgyr:EBP002Member 2024-01-01 2024-12-31 0001337068 srt:MaximumMember mgyr:EBP002Member 2025-12-31 0001337068 srt:MinimumMember mgyr:EBP002Member 2025-12-31 0001337068 srt:MaximumMember mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 srt:MinimumMember mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 2025-01-01 2025-12-31 0001337068 Magyar Bancorp, Inc. Stock Employer Security Magyar Bancorp, Inc. mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 BlackRock Registered Investment Company iShs US Agg Bond Index K Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 SEI Trust Company Registered Investment Company AllSpring Spec M Cap Value R6 mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 The American Funds Registered Investment Company American Funds Newworld R6 mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Dimensional Fund Advisors Registered Investment Company DFA Infl Protected Sec I Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Dimensional Fund Advisors Registered Investment Company DFA US Sm Cap Growth Instl Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Fidelity Investments Registered Investment Company Fidelity Adv Sm Cap Val Z Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Federated Registered Investment Company Fed Hermes Mdt Md Cp Gr R6 Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Janus International Holding, LLC Registered Investment Company Janus Henderson Blncd N mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Loomis Sayles Registered Investment Company Loomis Sayles Gl Alloc N Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 MFS Investment Management Registered Investment Company MFS Intl Diversification R6 Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 PGIM Investments Registered Investment Company PGIM High Yield R6 Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 PIMCO Funds Registered Investment Company PIMCO Income Institutional Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Growth Index Adm Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Intl Growth Adm Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Mid Cap Index Adm Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Sm Cap Index Adm Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt Inc Inv Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2020 Inv Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2025 Inv Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2030 Inv Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2035 Inv Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2040 Inv Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2045 Inv Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2050 Inv Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2055 Inv Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2060 Inv Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2065 Inv Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Tgt Rmt 2070 Inv Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Vanguard Registered Investment Company Vanguard Value Index Adm Fund mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Principal Life Insurance Company Insurance Company General Principal Guaranteed Option mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Principal Life Insurance Company Pooled Separate Account Prin LgCp S&P 500 Index SA-Z mgyr:EBP002Member 2025-01-01 2025-12-31 0001337068 Principal Life Insurance Company Registered Investment Company Principal Gov Money Mkt R6 Fund mgyr:EBP002Member 2025-01-01 2025-12-31 iso4217:USD pure 0001337068 false false 0001337068 http://fasb.org/us-gaap/2026#InterestBearingDepositsMember http://fasb.org/us-gaap/2026#CertificatesOfDepositMember http://fasb.org/us-gaap/2026#MoneyMarketFundsMember http://fasb.org/us-gaap/2026#CommercialPaperMember http://fasb.org/us-gaap/2026#FixedIncomeInvestmentsMember http://fasb.org/us-gaap/2026#USTreasuryAndGovernmentMember http://fasb.org/us-gaap/2026#USTreasurySecuritiesMember http://fasb.org/us-gaap/2026#USTreasuryNotesSecuritiesMember http://fasb.org/us-gaap/2026#USTreasuryBondSecuritiesMember http://fasb.org/us-gaap/2026#USTreasuryBillSecuritiesMember http://fasb.org/us-gaap/2026#USTreasuryBondSecuritiesMember http://fasb.org/us-gaap/2026#AssetBackedSecuritiesMember http://fasb.org/us-gaap/2026#CollateralizedMortgageObligationsMember http://fasb.org/us-gaap/2026#CorporateDebtSecuritiesMember http://fasb.org/us-gaap/2026#CorporateBondSecuritiesMember http://fasb.org/us-gaap/2026#ConvertibleDebtSecuritiesMember http://fasb.org/us-gaap/2026#SubordinatedDebtMember http://fasb.org/us-gaap/2026#SeniorSubordinatedNotesMember http://fasb.org/us-gaap/2026#SeniorSubordinatedLoansMember http://fasb.org/us-gaap/2026#JuniorSubordinatedDebtMember http://fasb.org/us-gaap/2026#SovereignDebtSecuritiesMember http://fasb.org/us-gaap/2026#EquitySecuritiesMember http://fasb.org/us-gaap/2026#CommonStockMember http://fasb.org/us-gaap-ebp/2026#EmployeeBenefitPlanEmployerCommonStockClassAMember http://fasb.org/us-gaap-ebp/2026#EmployeeBenefitPlanEmployerCommonStockClassBMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap/2026#PreferredStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap-ebp/2026#EmployeeBenefitPlanEmployerPreferredStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerPreferredStockMember http://fasb.org/us-gaap/2026#PreferredNonConvertibleStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap/2026#ConvertiblePreferredStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap/2026#ContingentConvertiblePreferredStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap-ebp/2026#EbpNonemployerCommonStockMember http://fasb.org/us-gaap/2026#NonredeemablePreferredStockMember http://fasb.org/us-gaap/2026#RedeemablePreferredStockMember http://fasb.org/us-gaap/2026#WarrantMember http://fasb.org/us-gaap/2026#OtherAggregatedInvestmentsMember http://fasb.org/us-gaap-ebp/2026#EmployeeBenefitPlanEmployerCommonStockFundMember http://fasb.org/us-gaap/2026#PrivateEquityFundsMember http://fasb.org/us-gaap/2026#HedgeFundsMember http://fasb.org/us-gaap/2026#DefinedBenefitPlanRealEstateMember http://fasb.org/us-gaap/2026#DefinedBenefitPlanCommonCollectiveTrustMember http://fasb.org/us-gaap-ebp/2026#EmployeeBenefitPlanPooledSeparateAccountMember http://fasb.org/us-gaap/2026#MutualFundMember http://fasb.org/us-gaap/2026#EquityFundsMember http://fasb.org/us-gaap/2026#EquityFundsMember http://fasb.org/us-gaap/2026#EquityFundsMember http://fasb.org/us-gaap/2026#FixedIncomeFundsMember http://fasb.org/us-gaap/2026#BalancedFundsMember http://fasb.org/us-gaap-ebp/2026#EmployeeBenefitPlanSelfDirectedBrokerageAccountMember http://fasb.org/us-gaap/2026#TreasuryLockMember 11-K 11-K 2025-12-31 Magyar Bank 401(k) Profit Sharing Plan Magyar Bancorp, Inc. Magyar Bancorp, Inc. 1046110 964225 1068154 1423490 11330878 9383701 2033998 1700797 15479140 13472213 183156 104075 183156 104075 15662296 13576288 1836364 263601 31850 2131815 681297 40037 268413 989747 14596 3136158 985104 65046 1050150 2086008 13576288 15662296 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Note 1 - General description of the Plan:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;"> </span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The following brief description of the Magyar Bank 401(k) Profit Sharing Plan (the “Plan”) is provided for purposes of general information only. Participants should refer to the Plan document for more complete information.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">General:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The Plan was established effective March 1, 1994. The Plan is a participant-directed defined contribution plan covering substantially all employees, as defined, with Magyar Bank and its subsidiaries (the “Bank” or “Plan Sponsor”), which elect to participate in the Plan. The Bank is a wholly-owned subsidiary of Magyar Bancorp, Incorporated. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 71.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Eligibility:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The Plan covers all eligible employees of the Bank who have attained 18 years of age and have been employed with the Bank for three (3) months.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Contributions:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Participants may contribute up to 80% of their gross earnings, as defined by the Plan document, up to the maximum permitted by Internal Revenue Code (“IRC”) limitations. Contributions of gross earnings may be either before-tax or after-tax dollars. Participants may also contribute amounts representing distributions from other qualified benefit or contribution plans (known as rollover contributions).</span> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: -1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Participating employees age 50 and above may elect to make “Catch Up” contributions to the Plan up to IRC limitations. Plan provisions allow for the automatic enrollment of all eligible participants upon entry into the Plan at 6% of the participant’s eligible compensation, which will be invested into a qualified default investment option determined by the Plan Sponsor. Participants have the option to change the automatic enrollment deferral percentages.</span> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: -1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The Bank has the option to make a discretionary contribution. During the year ended December 31, 2025, the Bank made discretionary matching contributions of 100% of the first 2% of employees’ elective contributions and 50% of the next 4% of employees’ elective contributions up to a maximum of 4% of gross earnings. Employer contributions were $268,413 in 2025. The Bank also has the option to make a non-matching profit sharing contribution. During the year ended December 31, 2025, the Bank did not make a non-matching profit sharing contribution.</span> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Notes receivable from participants:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Participants may borrow from their individual participant accounts a minimum of $1,000 and up to a maximum of the lesser of $50,000 or 50% of the market value of their vested balance. The interest rate used in calculating repayments is the prime rate plus one percentage point at the time of the loan. The interest rates on loans ranged from 4.25% to 9.50% as of December 31, 2025 and December 31, 2024. The interest rate is fixed at the time of loan origination and remains unchanged for the life of the loan. The interest paid by the participant is credited to the participant’s retirement savings account. The loans have maturities up to five years or up to thirty years for the purchase of a principal residence. No more than one loan may be outstanding at any time.</span> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Investments:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Employees may elect to have their contributions and the applicable matching Bank contributions invested in one of the various funds offered by the Plan.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Participant accounts:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 71.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Each participant’s account is credited with the participant’s pre-tax and after-tax contributions, the Bank’s discretionary matching contributions, non-matching profit-sharing contributions and an allocation of Plan earnings (losses). Plan earnings (losses) are allocated to participants based on each participant’s share balance within each fund as a percentage of the Plan’s total share balances within each fund. The benefit to which a participant is entitled is the benefit provided from the participant’s vested account.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Vesting:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The employees are always 100% vested with respect to their own contributions and related earnings. The Bank contributions, together with the earnings or losses on these contributions, will be available to the employees at the time of withdrawal only to the extent they are vested. All Bank contributions will become fully vested in the event of a participant’s death, early retirement at age 55, total and permanent disability, or the attainment of age 65 (normal retirement date). Bank contributions for each year begin vesting at the rate of 20% per year of service for the first five years of service. After an employee has attained five years of service, all current and future contributions are immediately vested.</span> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Payments of benefits:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Benefits may be distributed to participants upon termination of employment by reason of retirement, disability, death or other separation from service. Distributions under the Plan may be made in lump sums.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;"> </span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Once reaching the age of 59-1/2, a participant can elect to withdraw contributions for any reason. A partial or total withdrawal (including vested Bank contributions) of a participant’s contributions may be made on any valuation date or as soon as administratively feasible thereafter. In addition, participants may withdraw contributions in the event of a financial hardship, such as certain medical expenses, the purchase of a principal residence, payment of tuition and related educational fees, payments to prevent eviction from or foreclosure on a principal residence, or burial or funeral expenses, in the amount equal to their immediate financial need. Hardship withdrawals will be processed as soon as administratively feasible and in most cases the withdrawal will be subject to federal income taxes.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Plan administration:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The Plan is administered by the 401(k) Investment Committee appointed by the Bank’s Board of Directors. Principal Trust Company is the Trustee and administrative service provider for the Plan.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Forfeitures:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Forfeitures of non-vested participants’ accounts can be used to pay plan expenses or reduce employer contributions. During 2025, forfeitures amounted to $15,943. The Plan used $12,445 of forfeited amounts to fund Plan administration expenses. The balance of the forfeited funds held by the Plan at December 31, 2025 and 2024 was $14,093 and $8,921, respectively.</span> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Plan termination:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The Bank anticipates and believes that the Plan will continue without interruption but reserves the right to continue or amend the Plan, revise the rate of Bank contributions or terminate the Plan at any time. If terminated, participants would become 100% vested in their accounts and the assets of the Plan will be distributed to the participants and beneficiaries in the order and manner prescribed in ERISA.</span> </p> 0.80 0.06 1 0.02 0.50 0.04 0.04 268413 1000 50000 0.50 0.0425 0.095 1 0.20 15943 12445 14093 8921 1 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: -1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Note 2 - Summary of significant accounting policies:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Basis of accounting:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The accompanying financial statements are prepared in accordance with accounting principles generally accepted in the United States of America on the accrual basis of accounting. Under this method of accounting, contributions and investment income are recorded when earned and administrative expenses are recorded when incurred.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Use of estimates:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and changes therein, and disclosure of contingent assets and liabilities. Actual results could differ from those estimates.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;"> </span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Investment valuation and income recognition:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Investments are reported at fair value (except for fully benefit-responsive investment contracts, which are reported at contract value). Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement See Note 4 for discussion of fair value measurements.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date. Net appreciation/depreciation includes the Plan’s gains and losses on investments bought and sold as well as held during the plan year.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 58.5pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Contributions:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Contributions from Plan participants and the matching contributions from the Employer are recorded in the year in which the participant contributions are withheld from compensation.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Notes receivable from participants:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Notes receivable from participants are measured at their unpaid principal balance, plus any accrued but unpaid interest. Interest income is recorded on the accrual basis.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Delinquent participant loans are deemed as distributions based upon the terms of the Plan document.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Distributions</span>:</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Distributions to Plan participants are recorded when paid.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Administrative expenses:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Expenses incurred in the administration of the Plan and the trust were generally charged to and paid by the participants and are included in the accompanying financial statements. Fees pertaining to specific participant transactions are paid by the Plan to the trustee and record keeper through participant deductions and are reflected as administrative expenses. In addition, certain investment related expenses were reflected as a reduction of net investment income and are not readily determinable.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Recent accounting pronouncements</span>:</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">There were no recently adopted accounting pronouncements that had a significant impact on the Plan’s financial statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Basis of accounting:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The accompanying financial statements are prepared in accordance with accounting principles generally accepted in the United States of America on the accrual basis of accounting. Under this method of accounting, contributions and investment income are recorded when earned and administrative expenses are recorded when incurred.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Use of estimates:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and changes therein, and disclosure of contingent assets and liabilities. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Investment valuation and income recognition:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Investments are reported at fair value (except for fully benefit-responsive investment contracts, which are reported at contract value). Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement See Note 4 for discussion of fair value measurements.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date. Net appreciation/depreciation includes the Plan’s gains and losses on investments bought and sold as well as held during the plan year.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 58.5pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Contributions:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Contributions from Plan participants and the matching contributions from the Employer are recorded in the year in which the participant contributions are withheld from compensation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Notes receivable from participants:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Notes receivable from participants are measured at their unpaid principal balance, plus any accrued but unpaid interest. Interest income is recorded on the accrual basis.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Delinquent participant loans are deemed as distributions based upon the terms of the Plan document.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Distributions</span>:</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Distributions to Plan participants are recorded when paid.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Administrative expenses:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Expenses incurred in the administration of the Plan and the trust were generally charged to and paid by the participants and are included in the accompanying financial statements. Fees pertaining to specific participant transactions are paid by the Plan to the trustee and record keeper through participant deductions and are reflected as administrative expenses. In addition, certain investment related expenses were reflected as a reduction of net investment income and are not readily determinable.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 59.75pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Recent accounting pronouncements</span>:</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">There were no recently adopted accounting pronouncements that had a significant impact on the Plan’s financial statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: -1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Note 3 - Investment Contract with Insurance Company:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: -1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;"> </span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The Plan holds a fully benefit-responsive investment contract (insurance company/general account), listed in the Statements of Net Assets Available for Benefits as Insurance company general account. The investment contract is with Principal Life Insurance Company, and contributions continue to be maintained in a general account. Contract value is the relevant measurement attributed for that portion of the net assets available for benefits of a defined-contribution plan attributable to fully benefit-responsive investment contracts because contract value is the amount participants would receive if they were to initiate permitted transactions under the terms of the contract. The fully benefit-responsive investment contracts are direct investments between the Plan and the issuer.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Contract values represent contributions made under each contract, plus earnings, less participant withdrawals and administrative expenses. Since contract value is the relevant measurement, this investment is excluded from the fair value hierarchy table.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The fully benefit-responsive investment contract held by the Plan is a guaranteed investment contract obligated to repay the principal and interest at a specified interest rate that is guaranteed by the Plan. The crediting rate is based on a formula established by the contract issuers but may not be less than 0.15%. Such interest rates are reviewed annually for resetting. The contract does not have a maturity date.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The Plan must provide six months’ notice to the contract issuer to redeem its interest in this investment at contract value, or the Plan may be subject to a surrender charge.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The Plan’s ability to received amounts due in accordance with fully benefit-responsive investment contracts is dependent on the third-party issuer’s ability to meet its financial obligations. The issuer’s ability to meet its contractual obligations may be affected by future economic and regulatory developments.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Certain events might limit the ability of the Plan to transact at contract value with the contract issuer. Such events include the follow: (1) amendments to the plan documents (including complete or partial plan termination or merger with another plan), (2) changes to the Plan’s prohibition on competing investment options or deletion of equity wash provisions, (3) bankruptcy of the plan sponsor or other plan sponsor events (for example, divestitures or spin-offs of a subsidiary) that cause a significant withdrawal from the Plan, or (4) the failure of the trust to qualify for exemption from federal income taxes or any required prohibited transaction exemption under ERISA.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">No events are probable of occurring that might limit the ability of the Plan to transact at contract value with the contract issuers and that also would limit the ability of the Plan to transact at contract value with the participants.</span></p> 0.0015 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: -1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Note 4 – Fair Value Measurements:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: -1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;"> </span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The Plan’s investments are recorded in accordance with FASB Accounting Standards Codification Topic 820 (“ASC 820”), which established a framework for measuring fair value. ASC 820 clarifies that fair value is an estimate of the exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants (i.e., the exit price at the measurement date). That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). The three levels of the fair value hierarchy under ASC 820 are described below:</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: -1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;"> </span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">Level 1:</span> Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets that the Plan has the ability to access.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 2in; text-align: justify; text-indent: -2in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 2in; text-align: justify; text-indent: -1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">Level 2:</span> Inputs to the valuation methodology include:</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 2in; text-align: justify; text-indent: -2in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt;"><tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.5in;"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">●</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Quoted prices for similar assets or liabilities in active markets;</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.5in;"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">●</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Quoted prices for identical or similar assets or liabilities in inactive markets;</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.5in;"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">●</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Inputs other than quoted prices that are observable for the asset or liability;</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.5in;"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">●</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Inputs that are derived principally from or corroborated by observable market data by correlation or other means.</span></td></tr></tbody></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 2.25in; text-align: justify; text-indent: -0.25in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">If the asset or liability has a specified (contractual) term, the Level 2 input must be observable for substantially the full term of the asset or liability.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 2.25in; text-align: justify; text-indent: -0.25in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: 0in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">Level 3:</span> Inputs to the valuation methodology that are unobservable and significant to the fair value measurement.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: -1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: 0in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The asset’s or liability’s fair value measurement level within the fair value hierarchy is based on the lowest observable level of any input that is significant to the fair value measurement. Valuation techniques were used to maximize the use of observable inputs and minimize the use of unobservable inputs.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 2in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Following is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used at December 31, 2025 and 2024, unless otherwise stated.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: 0in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><i>Employer stock</i>: The Plan holds employer-related securities. This option seeks to provide long-term capital appreciation through the direct investment in the common stock of Magyar Bancorp, Inc., which is publicly traded on the NASDAQ Stock Market. The employer stock consists of 100% of the common shares of Magyar Bancorp, Inc. This stock is valued at the number of the shares held by the Plan at the closing price of the stock at year end. These investments can be redeemed daily and without any restrictions on the timing of the redemption.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: -0.5in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: 0in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><i>Registered investment companies</i>: Valued at the net asset value of shares held by the Plan at year end as reported on the active market on which the fund is traded and are therefore included in Level 1 investments in the fair value hierarchy table.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: 0in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: 0in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><i>Pooled separate account</i>: Valued based on the observable unit value of the underlying investment mutual fund investments held by the Plan trustee at year end and are therefore included in Level 2 investments in the fair value hierarchy table.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: 0in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The following table sets forth by level within the fair value hierarchy, the Plan’s assets at fair value as of December 31, 2025 and 2024.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">Assets at Fair Value as of December 31, 2025</span></span></p><p style="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 80%; font: 10pt Times New Roman, Times, Serif; margin-left: 1in;"> <tbody><tr style="vertical-align: bottom; background-color: White;"> <td style="padding-bottom: 1.5pt; text-align: center;"> </td><td style="padding-bottom: 1.5pt; text-align: center;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;">Level 1</td><td style="padding-bottom: 1.5pt; text-align: center;"> </td><td style="padding-bottom: 1.5pt; text-align: center;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;">Level 2</td><td style="padding-bottom: 1.5pt; text-align: center;"> </td><td style="padding-bottom: 1.5pt; text-align: center;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;">Total</td><td style="padding-bottom: 1.5pt; text-align: center;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center; width: 64%;"> </td><td style="text-align: center; width: 1%;"> </td> <td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 9%;"> </td><td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 1%;"> </td> <td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 9%;"> </td><td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 1%;"> </td> <td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 9%;"> </td><td style="text-align: center; width: 1%;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 64%; text-align: left;">Registered investment companies</td><td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;">11,330,878</td><td style="width: 1%; text-align: left;"> </td><td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;"><span style="-sec-ix-hidden:fc_2136214694;">-</span></td><td style="width: 1%; text-align: left;"> </td><td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;">11,330,878</td><td style="width: 1%; text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;">Pooled separate account</td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;"><span style="-sec-ix-hidden:fc_951889520;">-</span></td><td style="text-align: left;"> </td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">1,046,110</td><td style="text-align: left;"> </td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">1,046,110</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 1.5pt;">Employer securities</td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">2,033,998</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="-sec-ix-hidden:fc_1277460494;">-</span></td><td style="padding-bottom: 1.5pt; text-align: left;"> </td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">2,033,998</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;">Total investments at fair value</td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">13,364,876</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">1,046,110</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">14,410,986</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 4pt;">Total investments</td><td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;">$</td><td style="border-bottom: Black 4pt double; text-align: right;">13,364,876</td><td style="padding-bottom: 4pt; text-align: left;"> </td><td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;">$</td><td style="border-bottom: Black 4pt double; text-align: right;">1,046,110</td><td style="padding-bottom: 4pt; text-align: left;"> </td><td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;">$</td><td style="border-bottom: Black 4pt double; text-align: right;">14,410,986</td><td style="padding-bottom: 4pt; text-align: left;"> </td></tr> </tbody></table><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">Assets at Fair Value as of December 31, 2024</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"></p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 80%; font: 10pt Times New Roman, Times, Serif; margin-left: 1in;"> <tbody><tr style="vertical-align: bottom; background-color: White;"> <td style="padding-bottom: 1.5pt; text-align: center;"> </td><td style="padding-bottom: 1.5pt; text-align: center;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;">Level 1</td><td style="padding-bottom: 1.5pt; text-align: center;"> </td><td style="padding-bottom: 1.5pt; text-align: center;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;">Level 2</td><td style="padding-bottom: 1.5pt; text-align: center;"> </td><td style="padding-bottom: 1.5pt; text-align: center;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;">Total</td><td style="padding-bottom: 1.5pt; text-align: center;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center; width: 64%;"> </td><td style="text-align: center; width: 1%;"> </td> <td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 9%;"> </td><td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 1%;"> </td> <td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 9%;"> </td><td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 1%;"> </td> <td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 9%;"> </td><td style="text-align: center; width: 1%;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 64%; text-align: left;">Registered investment companies</td><td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;">9,383,701</td><td style="width: 1%; text-align: left;"> </td><td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;"><span style="-sec-ix-hidden:fc_915010550;">-</span></td><td style="width: 1%; text-align: left;"> </td><td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;">9,383,701</td><td style="width: 1%; text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;">Pooled separate account</td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;"><span style="-sec-ix-hidden:fc_1487184393;">-</span></td><td style="text-align: left;"> </td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">964,225</td><td style="text-align: left;"> </td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">964,225</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 1.5pt;">Employer securities</td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">1,700,797</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="-sec-ix-hidden:fc_1129631654;">-</span></td><td style="padding-bottom: 1.5pt; text-align: left;"> </td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">1,700,797</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;">Total investments at fair value</td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">11,084,498</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">964,225</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">12,048,723</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 4pt;">Total investments</td><td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;">$</td><td style="border-bottom: Black 4pt double; text-align: right;">11,084,498</td><td style="padding-bottom: 4pt; text-align: left;"> </td><td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;">$</td><td style="border-bottom: Black 4pt double; text-align: right;">964,225</td><td style="padding-bottom: 4pt; text-align: left;"> </td><td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;">$</td><td style="border-bottom: Black 4pt double; text-align: right;">12,048,723</td><td style="padding-bottom: 4pt; text-align: left;"> </td></tr> </tbody></table> 1 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The following table sets forth by level within the fair value hierarchy, the Plan’s assets at fair value as of December 31, 2025 and 2024.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">Assets at Fair Value as of December 31, 2025</span></span></p><p style="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 80%; font: 10pt Times New Roman, Times, Serif; margin-left: 1in;"> <tbody><tr style="vertical-align: bottom; background-color: White;"> <td style="padding-bottom: 1.5pt; text-align: center;"> </td><td style="padding-bottom: 1.5pt; text-align: center;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;">Level 1</td><td style="padding-bottom: 1.5pt; text-align: center;"> </td><td style="padding-bottom: 1.5pt; text-align: center;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;">Level 2</td><td style="padding-bottom: 1.5pt; text-align: center;"> </td><td style="padding-bottom: 1.5pt; text-align: center;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;">Total</td><td style="padding-bottom: 1.5pt; text-align: center;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center; width: 64%;"> </td><td style="text-align: center; width: 1%;"> </td> <td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 9%;"> </td><td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 1%;"> </td> <td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 9%;"> </td><td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 1%;"> </td> <td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 9%;"> </td><td style="text-align: center; width: 1%;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 64%; text-align: left;">Registered investment companies</td><td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;">11,330,878</td><td style="width: 1%; text-align: left;"> </td><td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;"><span style="-sec-ix-hidden:fc_2136214694;">-</span></td><td style="width: 1%; text-align: left;"> </td><td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;">11,330,878</td><td style="width: 1%; text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;">Pooled separate account</td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;"><span style="-sec-ix-hidden:fc_951889520;">-</span></td><td style="text-align: left;"> </td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">1,046,110</td><td style="text-align: left;"> </td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">1,046,110</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 1.5pt;">Employer securities</td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">2,033,998</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="-sec-ix-hidden:fc_1277460494;">-</span></td><td style="padding-bottom: 1.5pt; text-align: left;"> </td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">2,033,998</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;">Total investments at fair value</td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">13,364,876</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">1,046,110</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">14,410,986</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 4pt;">Total investments</td><td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;">$</td><td style="border-bottom: Black 4pt double; text-align: right;">13,364,876</td><td style="padding-bottom: 4pt; text-align: left;"> </td><td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;">$</td><td style="border-bottom: Black 4pt double; text-align: right;">1,046,110</td><td style="padding-bottom: 4pt; text-align: left;"> </td><td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;">$</td><td style="border-bottom: Black 4pt double; text-align: right;">14,410,986</td><td style="padding-bottom: 4pt; text-align: left;"> </td></tr> </tbody></table><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="text-decoration:underline">Assets at Fair Value as of December 31, 2024</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"></p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 80%; font: 10pt Times New Roman, Times, Serif; margin-left: 1in;"> <tbody><tr style="vertical-align: bottom; background-color: White;"> <td style="padding-bottom: 1.5pt; text-align: center;"> </td><td style="padding-bottom: 1.5pt; text-align: center;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;">Level 1</td><td style="padding-bottom: 1.5pt; text-align: center;"> </td><td style="padding-bottom: 1.5pt; text-align: center;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;">Level 2</td><td style="padding-bottom: 1.5pt; text-align: center;"> </td><td style="padding-bottom: 1.5pt; text-align: center;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center;">Total</td><td style="padding-bottom: 1.5pt; text-align: center;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center; width: 64%;"> </td><td style="text-align: center; width: 1%;"> </td> <td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 9%;"> </td><td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 1%;"> </td> <td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 9%;"> </td><td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 1%;"> </td> <td style="text-align: center; width: 1%;"> </td><td style="text-align: center; width: 9%;"> </td><td style="text-align: center; width: 1%;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 64%; text-align: left;">Registered investment companies</td><td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;">9,383,701</td><td style="width: 1%; text-align: left;"> </td><td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;"><span style="-sec-ix-hidden:fc_915010550;">-</span></td><td style="width: 1%; text-align: left;"> </td><td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;">9,383,701</td><td style="width: 1%; text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;">Pooled separate account</td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;"><span style="-sec-ix-hidden:fc_1487184393;">-</span></td><td style="text-align: left;"> </td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">964,225</td><td style="text-align: left;"> </td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">964,225</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 1.5pt;">Employer securities</td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">1,700,797</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;"><span style="-sec-ix-hidden:fc_1129631654;">-</span></td><td style="padding-bottom: 1.5pt; text-align: left;"> </td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">1,700,797</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;">Total investments at fair value</td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">11,084,498</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">964,225</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">12,048,723</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 4pt;">Total investments</td><td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;">$</td><td style="border-bottom: Black 4pt double; text-align: right;">11,084,498</td><td style="padding-bottom: 4pt; text-align: left;"> </td><td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;">$</td><td style="border-bottom: Black 4pt double; text-align: right;">964,225</td><td style="padding-bottom: 4pt; text-align: left;"> </td><td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;">$</td><td style="border-bottom: Black 4pt double; text-align: right;">12,048,723</td><td style="padding-bottom: 4pt; text-align: left;"> </td></tr> </tbody></table> 11330878 11330878 1046110 1046110 2033998 2033998 13364876 1046110 14410986 13364876 1046110 14410986 9383701 9383701 964225 964225 1700797 1700797 11084498 964225 12048723 11084498 964225 12048723 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: -1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Note 5 – Party in Interest Transactions:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: -1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;"> </span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Section 3(14) of ERISA defines a party-in-interest to include, among others, fiduciaries or employees of the Plan, any person who provides services to the Plan or an employer whose employees are covered by the Plan. Accordingly, loans to participants, shares of employer stock and the management of investments held by the trustee and custodian are considered party-in-interest transactions.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">At December 31, 2025 and at December 31, 2024, the Plan held common stock of the Magyar Bancorp, Inc., the parent company of the sponsoring employer, in the amount of $2,033,998 and $1,700,797, respectively. During the year ended December 31, 2025, the Plan earned dividend income of $32,927 related to the common stock.</span></p> 2033998 1700797 32927 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: -1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Note 6 - Tax status of the Plan:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: -1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The Company adopted a “pre-approved” plan document of Principal Life Insurance Company. The Internal Revenue Service (“IRS”) has determined by letter dated June 30, 2020 that the pre-approved plan document adopted by the plan sponsor is designed in accordance with applicable sections of the Internal Revenue Code (“IRC”). Pre-approved defined contribution plan documents must be restated in their entirety to include language for changes in applicable laws or regulations every six years. This restatement process incorporates all amendments made to the plan during the past six years into a new plan document. The plan administrator believes that the Plan is designed and is currently being operated in compliance with the applicable requirements of the IRC and therefore believes that the Plan is qualified.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: -1in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Accounting principles generally accepted in the United States of America require Plan management to evaluate tax positions taken by the Plan and recognize a tax liability if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Plan Administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2025 and 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. In addition, there have been no tax-related interest or penalties for periods presented in these financial statements.</span></p> true 2020-06-30 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Note 7 - Concentration of risks and uncertainties:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;"> </span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The assets of the Plan are primarily financial instruments which are monetary in nature and concentrated in investment securities. As a result, interest rates have a more significant impact on the Plan’s performance than the effects of general levels of inflation. Interest rates do not necessarily move in the same direction or in the same magnitude as the prices of goods and services as measured by the Consumer Price Index. Investments in funds are subject to risk conditions of the individual investment or fund objectives, stock market fluctuations, interest rates, economic conditions and world affairs. Due to uncertainties inherent in the estimations and assumptions process, it is at least reasonably possible that changes in these estimates and assumptions in the near-term would be material to the financial statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Note 8 – Subsequent Events:</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;"> </span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">The Plan Administrator has evaluated subsequent events through the date the financial statements were issued.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;"><span id="fin_005" style="display: inline-block;"></span>Magyar Bank 401(k) Profit Sharing Plan</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">EIN No.: 22-1085787, Plan No. 002</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">Schedule H, Part IV, Line 4i - Schedule of Assets (Held at End of Year)</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;">December 31, 2025</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"> <td> </td><td style="font-weight: bold;"> </td> <td style="font-weight: bold; text-align: center;">(b)</td><td style="font-weight: bold;"> </td> <td style="font-weight: bold; text-align: center;">(c)</td><td style="font-weight: bold;"> </td> <td colspan="2" style="font-weight: bold; text-align: center;">(e)</td><td style="font-weight: bold;"> </td></tr> <tr style="vertical-align: bottom;"> <td> </td><td style="font-weight: bold;"> </td> <td style="font-weight: bold; text-align: center;">Identity of Issue, Borrower,</td><td style="font-weight: bold;"> </td> <td style="font-weight: bold; text-align: center;">Description of Investment, Including Maturity Date,</td><td style="font-weight: bold;"> </td> <td colspan="2" style="font-weight: bold; text-align: center;">Current</td><td style="font-weight: bold;"> </td></tr> <tr style="vertical-align: bottom;"> <td style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">(a)</td><td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">Lessor or Similar Party</td><td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">Rate of Interest, Par or Maturity Value</td><td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">Value</td><td style="padding-bottom: 1.5pt; font-weight: bold;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 7%; text-align: center;">*</td><td style="width: 1%;"> </td> <td style="width: 26%; text-align: left;"><span style="-sec-ix-hidden:fc_455776927;">Magyar Bancorp, Inc. Stock</span></td><td style="width: 1%;"> </td> <td style="width: 53%; text-align: left;"><span style="-sec-ix-hidden:fc_891667519;">Employer Security Magyar Bancorp, Inc.</span></td><td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;">2,033,998</td><td style="width: 1%; text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;"> </td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_275253244;">BlackRock</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1326020818;">Registered Investment Company iShs US Agg Bond Index K Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">281,493</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1870486884;">SEI Trust Company</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_144470369;">Registered Investment Company AllSpring Spec M Cap Value R6</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">94,808</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1049333009;">The American Funds</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1507945588;">Registered Investment Company American Funds Newworld R6</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">10,186</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1495677710;">Dimensional Fund Advisors</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1290361213;">Registered Investment Company DFA Infl Protected Sec I Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">73,367</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_125964885;">Dimensional Fund Advisors</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1670342450;">Registered Investment Company DFA US Sm Cap Growth Instl Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">10,560</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_210751766;">Fidelity Investments</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1299750718;">Registered Investment Company Fidelity Adv Sm Cap Val Z Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">281,537</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_63837913;">Federated</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_168844342;">Registered Investment Company Fed Hermes Mdt Md Cp Gr R6 Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">784,968</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_954858303;">Janus International Holding, LLC</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1837660468;">Registered Investment Company Janus Henderson Blncd N</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">646,681</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_834807941;">Loomis Sayles</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_349167698;">Registered Investment Company Loomis Sayles Gl Alloc N Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">15,355</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_191666118;">MFS Investment Management</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_719412819;">Registered Investment Company MFS Intl Diversification R6 Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">321,577</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_412516105;">PGIM Investments</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_941430;">Registered Investment Company PGIM High Yield R6 Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">185,592</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1728502081;">PIMCO Funds</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_784439880;">Registered Investment Company PIMCO Income Institutional Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">498,121</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_820668238;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1010409877;">Registered Investment Company Vanguard Growth Index Adm Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">1,597,074</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_387775917;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1633080289;">Registered Investment Company Vanguard Intl Growth Adm Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">498,110</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_997235830;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1530838442;">Registered Investment Company Vanguard Mid Cap Index Adm Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">311,425</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1863196482;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_843130175;">Registered Investment Company Vanguard Sm Cap Index Adm Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">222,950</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1430206257;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1921363811;">Registered Investment Company Vanguard Tgt Rmt Inc Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">4,629</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_118795883;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1361737553;">Registered Investment Company Vanguard Tgt Rmt 2020 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">185,326</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1510623280;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1035044308;">Registered Investment Company Vanguard Tgt Rmt 2025 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">223,489</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_8621627;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1615724205;">Registered Investment Company Vanguard Tgt Rmt 2030 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">1,351,751</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1765555147;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1644388456;">Registered Investment Company Vanguard Tgt Rmt 2035 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">1,223,700</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1455414934;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_329323722;">Registered Investment Company Vanguard Tgt Rmt 2040 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">575,745</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1844242047;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_891537840;">Registered Investment Company Vanguard Tgt Rmt 2045 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">825,397</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_299968622;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_713678233;">Registered Investment Company Vanguard Tgt Rmt 2050 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">147,280</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1160296364;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_608215006;">Registered Investment Company Vanguard Tgt Rmt 2055 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">169,445</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1424494185;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1755914266;">Registered Investment Company Vanguard Tgt Rmt 2060 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">217,774</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1613161934;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1804522795;">Registered Investment Company Vanguard Tgt Rmt 2065 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">93,920</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_719280272;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_794974531;">Registered Investment Company Vanguard Tgt Rmt 2070 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">37,350</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_982848087;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_2132942008;">Registered Investment Company Vanguard Value Index Adm Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">363,623</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;"> </td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;">*</td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1929408433;">Principal Life Insurance Company</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1537254603;">Insurance Company General Principal Guaranteed Option</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">1,068,154</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;">*</td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_777513574;">Principal Life Insurance Company</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_846391282;">Pooled Separate Account Prin LgCp S&amp;P 500 Index SA-Z</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">1,046,110</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;">*</td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_396466234;">Principal Life Insurance Company</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1540541162;">Registered Investment Company Principal Gov Money Mkt R6 Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">77,645</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;"> </td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center; padding-bottom: 1.5pt;">*</td><td style="padding-bottom: 1.5pt;"> </td> <td style="padding-bottom: 1.5pt;">Participants</td><td style="padding-bottom: 1.5pt;"> </td> <td style="text-align: left; padding-bottom: 1.5pt;">Notes Receivable with interest rates of 4.25% to 9.50%</td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">183,156</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="padding-bottom: 4pt;"> </td><td style="padding-bottom: 4pt;"> </td> <td style="padding-bottom: 4pt;"> </td><td style="padding-bottom: 4pt;"> </td> <td style="padding-bottom: 4pt;"> </td><td style="font-weight: bold; padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left;">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right;">15,662,296</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left;"> </td></tr> </tbody></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><table border="0" cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: top;"> <td style="width: 0.25in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">*</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Indicates Party-In-Interest to the Plan</span></td></tr> </tbody></table><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Column (d) “Cost” section of this table is omitted for participant-directed accounts</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><span style="font-weight: bold;"> </span></span></p><p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><i>See Report of Independent Registered Public Accounting Firm</i></span></p> Magyar Bank 401(k) Profit Sharing Plan 22-1085787 002 <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"> <td> </td><td style="font-weight: bold;"> </td> <td style="font-weight: bold; text-align: center;">(b)</td><td style="font-weight: bold;"> </td> <td style="font-weight: bold; text-align: center;">(c)</td><td style="font-weight: bold;"> </td> <td colspan="2" style="font-weight: bold; text-align: center;">(e)</td><td style="font-weight: bold;"> </td></tr> <tr style="vertical-align: bottom;"> <td> </td><td style="font-weight: bold;"> </td> <td style="font-weight: bold; text-align: center;">Identity of Issue, Borrower,</td><td style="font-weight: bold;"> </td> <td style="font-weight: bold; text-align: center;">Description of Investment, Including Maturity Date,</td><td style="font-weight: bold;"> </td> <td colspan="2" style="font-weight: bold; text-align: center;">Current</td><td style="font-weight: bold;"> </td></tr> <tr style="vertical-align: bottom;"> <td style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">(a)</td><td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">Lessor or Similar Party</td><td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">Rate of Interest, Par or Maturity Value</td><td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">Value</td><td style="padding-bottom: 1.5pt; font-weight: bold;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 7%; text-align: center;">*</td><td style="width: 1%;"> </td> <td style="width: 26%; text-align: left;"><span style="-sec-ix-hidden:fc_455776927;">Magyar Bancorp, Inc. Stock</span></td><td style="width: 1%;"> </td> <td style="width: 53%; text-align: left;"><span style="-sec-ix-hidden:fc_891667519;">Employer Security Magyar Bancorp, Inc.</span></td><td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;">2,033,998</td><td style="width: 1%; text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;"> </td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_275253244;">BlackRock</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1326020818;">Registered Investment Company iShs US Agg Bond Index K Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">281,493</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1870486884;">SEI Trust Company</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_144470369;">Registered Investment Company AllSpring Spec M Cap Value R6</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">94,808</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1049333009;">The American Funds</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1507945588;">Registered Investment Company American Funds Newworld R6</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">10,186</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1495677710;">Dimensional Fund Advisors</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1290361213;">Registered Investment Company DFA Infl Protected Sec I Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">73,367</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_125964885;">Dimensional Fund Advisors</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1670342450;">Registered Investment Company DFA US Sm Cap Growth Instl Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">10,560</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_210751766;">Fidelity Investments</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1299750718;">Registered Investment Company Fidelity Adv Sm Cap Val Z Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">281,537</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_63837913;">Federated</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_168844342;">Registered Investment Company Fed Hermes Mdt Md Cp Gr R6 Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">784,968</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_954858303;">Janus International Holding, LLC</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1837660468;">Registered Investment Company Janus Henderson Blncd N</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">646,681</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_834807941;">Loomis Sayles</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_349167698;">Registered Investment Company Loomis Sayles Gl Alloc N Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">15,355</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_191666118;">MFS Investment Management</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_719412819;">Registered Investment Company MFS Intl Diversification R6 Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">321,577</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_412516105;">PGIM Investments</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_941430;">Registered Investment Company PGIM High Yield R6 Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">185,592</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1728502081;">PIMCO Funds</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_784439880;">Registered Investment Company PIMCO Income Institutional Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">498,121</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_820668238;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1010409877;">Registered Investment Company Vanguard Growth Index Adm Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">1,597,074</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_387775917;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1633080289;">Registered Investment Company Vanguard Intl Growth Adm Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">498,110</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_997235830;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1530838442;">Registered Investment Company Vanguard Mid Cap Index Adm Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">311,425</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1863196482;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_843130175;">Registered Investment Company Vanguard Sm Cap Index Adm Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">222,950</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1430206257;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1921363811;">Registered Investment Company Vanguard Tgt Rmt Inc Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">4,629</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_118795883;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1361737553;">Registered Investment Company Vanguard Tgt Rmt 2020 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">185,326</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1510623280;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1035044308;">Registered Investment Company Vanguard Tgt Rmt 2025 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">223,489</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_8621627;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1615724205;">Registered Investment Company Vanguard Tgt Rmt 2030 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">1,351,751</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1765555147;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1644388456;">Registered Investment Company Vanguard Tgt Rmt 2035 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">1,223,700</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1455414934;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_329323722;">Registered Investment Company Vanguard Tgt Rmt 2040 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">575,745</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1844242047;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_891537840;">Registered Investment Company Vanguard Tgt Rmt 2045 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">825,397</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_299968622;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_713678233;">Registered Investment Company Vanguard Tgt Rmt 2050 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">147,280</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1160296364;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_608215006;">Registered Investment Company Vanguard Tgt Rmt 2055 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">169,445</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1424494185;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1755914266;">Registered Investment Company Vanguard Tgt Rmt 2060 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">217,774</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_1613161934;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1804522795;">Registered Investment Company Vanguard Tgt Rmt 2065 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">93,920</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_719280272;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_794974531;">Registered Investment Company Vanguard Tgt Rmt 2070 Inv Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">37,350</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;"> </td><td> </td> <td><span style="-sec-ix-hidden:fc_982848087;">Vanguard</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_2132942008;">Registered Investment Company Vanguard Value Index Adm Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">363,623</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;"> </td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;">*</td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1929408433;">Principal Life Insurance Company</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1537254603;">Insurance Company General Principal Guaranteed Option</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">1,068,154</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;">*</td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_777513574;">Principal Life Insurance Company</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_846391282;">Pooled Separate Account Prin LgCp S&amp;P 500 Index SA-Z</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">1,046,110</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center;">*</td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_396466234;">Principal Life Insurance Company</span></td><td> </td> <td style="text-align: left;"><span style="-sec-ix-hidden:fc_1540541162;">Registered Investment Company Principal Gov Money Mkt R6 Fund</span></td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;">77,645</td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: center;"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left;"> </td><td style="text-align: right;"> </td><td style="text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: center; padding-bottom: 1.5pt;">*</td><td style="padding-bottom: 1.5pt;"> </td> <td style="padding-bottom: 1.5pt;">Participants</td><td style="padding-bottom: 1.5pt;"> </td> <td style="text-align: left; padding-bottom: 1.5pt;">Notes Receivable with interest rates of 4.25% to 9.50%</td><td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right;">183,156</td><td style="padding-bottom: 1.5pt; text-align: left;"> </td></tr> <tr style="vertical-align: bottom; background-color: White;"> <td style="padding-bottom: 4pt;"> </td><td style="padding-bottom: 4pt;"> </td> <td style="padding-bottom: 4pt;"> </td><td style="padding-bottom: 4pt;"> </td> <td style="padding-bottom: 4pt;"> </td><td style="font-weight: bold; padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left;">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right;">15,662,296</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left;"> </td></tr> </tbody></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"> </span></p><table border="0" cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: top;"> <td style="width: 0.25in;"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">*</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Indicates Party-In-Interest to the Plan</span></td></tr> </tbody></table> 2033998 281493 94808 10186 73367 10560 281537 784968 646681 15355 321577 185592 498121 1597074 498110 311425 222950 4629 185326 223489 1351751 1223700 575745 825397 147280 169445 217774 93920 37350 363623 1068154 1046110 77645 true 0.0425 0.095 183156 15662296 Indicates Party-In-Interest to the Plan