| Summary of the Plan's Hierarchy for its Assets Measured at Fair Value on a Recurring Basis |
The following tables present the Plan’s hierarchy for its assets measured at fair value on a recurring basis at December 31, 2025 and 2024:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
$ |
163,607 |
|
|
$ |
1,467 |
|
|
$ |
— |
|
|
$ |
165,074 |
|
| |
|
|
38,020 |
|
|
|
— |
|
|
|
— |
|
|
|
38,020 |
|
Self-directed brokerage account (c) |
|
|
143,684 |
|
|
|
1,896 |
|
|
|
— |
|
|
|
145,580 |
|
Investments measured at NAV (d) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
2,119,731 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
$ |
345,311 |
|
|
$ |
3,363 |
|
|
$ |
— |
|
|
$ |
2,468,405 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
$ |
194,859 |
|
|
$ |
1,004 |
|
|
$ |
— |
|
|
$ |
195,863 |
|
| |
|
|
95,768 |
|
|
|
— |
|
|
|
— |
|
|
|
95,768 |
|
Self-directed brokerage account (c) |
|
|
128,123 |
|
|
|
1,248 |
|
|
|
— |
|
|
|
129,371 |
|
Investments measured at NAV (d) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
1,786,268 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
$ |
418,750 |
|
|
$ |
2,252 |
|
|
$ |
— |
|
|
$ |
2,207,270 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (a) |
The Common stock fund includes both the Aegon Ltd. Common Stock Fund as well as other common stock funds held. The fair value of the assets of the Common stock fund is determined using quoted prices in active markets for common shares and is classified as Level 1. Cash equivalents including short-term investments are carried at amortized cost, which approximates fair value, and are classified as Level 2, unless the cash equivalent received a vendor price at which point it is classified as Level 1. |
| (b) |
Mutual funds are valued based on NAV provided by the fund managers, whose NAV’s are quoted in an active market and therefore considered Level 1. |
| (c) |
In accordance with Accounting Standard Updates (“ASU”) No. 2015-12 Subtopic 962-325, investments measured using fair value in the Statement of Net Assets Available for Benefits or in the notes shall be presented by general type. Self-directed brokerage accounts are considered a general type and are presented as one line item for both December 31, 2025, and 2024. The fair value of assets determined using identical assets in an active market are classified as Level 1. Assets classified as Level 2 are valued using inputs from third party pricing services. |
| (d) |
Amounts are comprised of certain investments that are measured at fair value using the NAV per share (or its equivalent) as a practical expedient and have not been classified in the fair value hierarchy in accordance with Subtopic 820-10. NAV is provided by the fund managers, is not quoted in an active market and these investments do not have lockup periods. |
|
| Summary of Investment for Which Fair Value is Measured using the Net Asset |
The following table summarizes investments for which fair value is measured using the net asset per share practical expedient:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
Redemption
Frequency
(If Currently
Eligible) |
|
|
|
|
Investments measured at NAV |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
$ |
2,119,731 |
|
|
|
None |
|
|
|
Daily |
|
|
|
None |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total investments measured at NAV |
|
$ |
2,119,731 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
Redemption
Frequency
(If Currently
Eligible) |
|
|
|
|
Investments measured at NAV |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
$ |
1,786,268 |
|
|
|
None |
|
|
|
Daily |
|
|
|
None |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total investments measured at NAV |
|
$ |
1,786,268 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|