v3.26.1
FORM 5500, SCHEDULE H, PART IV, LINE 4i---SCHEDULE OF ASSETS (HELD AT END OF YEAR)
 12 Months Ended
Dec. 31, 2025
EBP 005  
EBP, Schedule of Asset Held for Investment [Line Items]  
FORM 5500, SCHEDULE H, PART IV, LINE 4i---SCHEDULE OF ASSETS (HELD AT END OF YEAR)
NEW JERSEY RESOURCES CORPORATION
Plan Number 005
EMPLOYEES’ RETIREMENT SAVINGS PLAN
Tax ID Number 22-2376465
FORM 5500, SCHEDULE H, PART IV, LINE 4i---
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
AS OF DECEMBER 31, 2025
(a)(b)(c)(d)(e)
Identity of Issue, Borrower,
Lessor, or Similar Party		Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par, or Maturity ValueCostCurrent Value
Participant Directed:
*T. Rowe Price Retirement 2005 TrustCommon Trust Fund$ **$643,034 
*T. Rowe Price Retirement 2010 TrustCommon Trust Fund**367,888 
*T. Rowe Price Retirement 2015 TrustCommon Trust Fund**1,655,150 
*T. Rowe Price Retirement 2020 TrustCommon Trust Fund**3,710,592 
*T. Rowe Price Retirement 2025 TrustCommon Trust Fund**9,395,305 
*T. Rowe Price Retirement 2030 TrustCommon Trust Fund**27,842,383 
*T. Rowe Price Retirement 2035 TrustCommon Trust Fund**28,092,268 
*T. Rowe Price Retirement 2040 TrustCommon Trust Fund**15,684,306 
*T. Rowe Price Retirement 2045 TrustCommon Trust Fund**15,912,244 
*T. Rowe Price Retirement 2050 TrustCommon Trust Fund**15,322,423 
*T. Rowe Price Retirement 2055 TrustCommon Trust Fund**12,540,495 
*T. Rowe Price Retirement 2060 TrustCommon Trust Fund**10,976,282 
*T. Rowe Price Retirement 2065 TrustCommon Trust Fund**1,074,293 
*T. Rowe Price Government Money FundMutual Fund**490,034 
Prudential Total Return Bond Fund Class QMutual Fund**12,278,732 
Harbor Capital Appreciation FundMutual Fund**25,460,646 
*T. Rowe Price Stable Value FundCommon Trust Fund**25,246,758 
Vanguard Institutional IndexMutual Fund**52,645,947 
Vanguard Small Cap Index, AdmiralMutual Fund**12,597,971 
Vanguard Windsor II FundMutual Fund**24,972,866 
*T. Rowe Price Small Cap Value FundMutual Fund**7,700,557 
American Funds Capital World Growth and Income FundMutual Fund**14,497,885 
Dodge & Cox International Stock FundMutual Fund**14,130,161 
*NJR Common StockCommon Stock**31,334,172 
Non-Participant Directed:
*NJR Common Stock ESOPCommon Stock8,995,758 14,331,301 
*T. Rowe Price Retirement 2010 TrustCommon Trust Fund776 848 
*T. Rowe Price Retirement 2015 TrustCommon Trust Fund55,918 61,267 
*T. Rowe Price Retirement 2020 TrustCommon Trust Fund202,804 222,495 
*T. Rowe Price Retirement 2025 TrustCommon Trust Fund840,442 925,291 
*T. Rowe Price Retirement 2030 TrustCommon Trust Fund1,953,224 2,164,477 
*T. Rowe Price Retirement 2035 TrustCommon Trust Fund1,676,598 1,877,910 
*T. Rowe Price Retirement 2040 TrustCommon Trust Fund1,372,152 1,546,609 
*T. Rowe Price Retirement 2045 TrustCommon Trust Fund1,846,189 2,097,704 
*T. Rowe Price Retirement 2050 TrustCommon Trust Fund1,520,238 1,733,057 
*T. Rowe Price Retirement 2055 TrustCommon Trust Fund1,242,560 1,414,894 
*T. Rowe Price Retirement 2060 TrustCommon Trust Fund927,877 1,054,885 
*T. Rowe Price Retirement 2065 TrustCommon Trust Fund52,272 57,664 
*Participant loans
Interest rates of 4.25% - 9.50%
— 4,855,539 
$20,686,808 $396,916,333 
*    Party-in-interest as defined by ERISA.
**    Cost information is not required for participant-directed investment and, therefore, is not included.