| Summary of Plan's Assets Measured at Fair Value on a Recurring Basis |
The following table sets forth by level, within the fair value hierarchy, the Plan’s assets measured at fair value on a recurring basis as of December 31, 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
|
Mutual funds |
|
$ |
785,957,162 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
785,957,162 |
|
Money market fund |
|
|
32,491,794 |
|
|
|
— |
|
|
|
— |
|
|
|
32,491,794 |
|
UMB company stock |
|
|
21,348,783 |
|
|
|
— |
|
|
|
— |
|
|
|
21,348,783 |
|
Total assets in the fair value hierarchy |
|
|
839,797,739 |
|
|
|
— |
|
|
|
— |
|
|
|
839,797,739 |
|
Collective investment trust |
|
|
|
|
|
|
|
|
|
|
|
117,202,380 |
|
Total investments at fair value |
|
|
|
|
|
|
|
|
|
|
$ |
957,000,119 |
|
The following table sets forth by level, within the fair value hierarchy, the Master Trust’s assets measured at fair value on a recurring basis as of December 31, 2024:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
|
Mutual funds |
|
$ |
569,017,347 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
569,017,347 |
|
Money market funds |
|
|
29,916,843 |
|
|
|
— |
|
|
|
— |
|
|
|
29,916,843 |
|
UMB company stock |
|
|
91,095,797 |
|
|
|
— |
|
|
|
— |
|
|
|
91,095,797 |
|
Total assets in the fair value hierarchy |
|
|
690,029,987 |
|
|
|
— |
|
|
|
— |
|
|
|
690,029,987 |
|
Collective investment trust |
|
|
|
|
|
|
|
|
|
|
|
87,567,734 |
|
Total investments at fair value |
|
|
|
|
|
|
|
|
|
|
$ |
777,597,721 |
|
|