| EBP, Reconciliation of Financial Statement to Form 5500 |
The reconciliation of net assets available for benefits per the Form 5500 to the financial statements is as follows:
| | | | | | | | | | | | | December 31, | | 2025 | | 2024 | | Net assets available for benefits per Form 5500 | $ | 257,283,629 | | | $ | 212,161,080 | | | | | | | Certain deemed distributions of participant loans | 563,959 | | | 338,059 | | | | | | | | | | | Excess contributions refundable | — | | | (36,465) | | | Net assets available for benefits per financial statements | $ | 257,847,588 | | | $ | 212,462,674 | |
The reconciliation of changes in net assets available for benefits per the Form 5500 to the financial statements is as follows:
| | | | | | | | | | | | | Year Ended December 31, | | 2025 | | 2024 | | Changes in net assets available for benefits per Form 5500 | $ | 45,122,549 | | | $ | 21,624,799 | | | | | | | | | | | Add: distributions from current year amounts deemed distributed | 563,959 | | | 338,059 | | | Less: distributions from prior year amounts deemed distributed | (338,059) | | | — | | | | | | | | | | | | | | | | | | | Add: excess contributions at beginning of year | 36,465 | | | 7,980 | | | Less: excess contributions at end of year | — | | | (36,465) | | | Changes in net assets available for benefits before transfers per financial statements | $ | 45,384,914 | | | $ | 21,934,373 | |
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