Reconciliation of Financial Statement to Form 5500

12 Months Ended

Dec. 31, 2025

EBP, Reconciliation of Financial Statement to Form 5500 [Line Items]

Reconciliation of Financial Statement to Form 5500

8.	RECONCILIATION OF FINANCIAL STATEMENT TO FORM 5500

The following is a reconciliation of net assets available for benefits per the financial statements as of December 31, 2025 and December 31, 2024 to the Form 5500:


	2025			2024
Net assets available for benefits per financial statements	$	5,027,980,482		$	4,309,124,076
Fully benefit-responsive investment contracts value adjustment		(5,397,715	)		(10,566,676	)

Net assets available for benefits per Form 5500		5,022,582,767			4,298,557,400

The following is a reconciliation of the net increase in net assets available for benefits per the financial statements for the year ended December 31, 2025 and December 31, 2024 to the Form 5500:


	2025			2024
Increase in net assets per financial statements	$	718,856,406		$	580,000,394
Prior year fully benefit-responsive investment contracts value adjustment		10,566,676		$	11,821,250
Current year fully benefit-responsive investment contracts value adjustmen		(5,397,715	)		(10,566,676	)

Total increase in net assets available for benefits per the Form 5500		724,025,367			581,254,968

In accordance with DOL Form 5500 presentation, the Fidelity MIP II Class 3 is presented at Fair Value where the Plan presents as Net Asset Value as practical expedient and therefore, this reconciliation is presented.