| INVESTMENTS |
INVESTMENTS The below tables summarize the fair value of the Plan’s investments at December 31, 2025 and 2024, respectively, for investments measured at fair value on a recurring basis. During the years ended December 31, 2025 and 2024, no assets were measured using significant unobservable inputs (Level 3). | | | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements Using | | Fair Value | | Quoted Prices in Active Markets for Identical Assets
(Level 1) | | Significant Other Observable Inputs
(Level 2) | | | | December 31, 2025 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Mutual Funds | $ | 93,435,848 | | | $ | 93,435,848 | | | $ | — | | | | Humana Unitized Stock Fund/Humana Common Stock | 258,031,418 | | 258,031,418 | | — | | | | Personal Choice Retirement Account | 478,942,203 | | | 371,091,701 | | | 107,850,502 | | | | | Total Investments in the fair value hierarchy | $ | 830,409,469 | | | $ | 722,558,967 | | | $ | 107,850,502 | | | | Common/Collective Trust Funds (1) | 7,464,260,921 | | | — | | | — | | | | Stable Value Fund/Money Market Fund (1) | 12,447,260 | | | — | | | — | | | | Humana Unitized Stock Fund / Money Market Fund (1) | 2,404,731 | | — | | | — | | | | | Total Investments, at fair value | $ | 8,309,522,381 | | | $ | 722,558,967 | | | $ | 107,850,502 | | | |
| | | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements Using | | Fair Value | | Quoted Prices in Active Markets for Identical Assets
(Level 1) | | Significant Other Observable Inputs
(Level 2) | | | | December 31, 2024 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Mutual Funds | $ | 94,373,872 | | | $ | 94,373,872 | | | $ | — | | | | Humana Unitized Stock Fund/Humana Common Stock | 275,599,910 | | 275,599,910 | | — | | | | Personal Choice Retirement Account | 402,085,878 | | | 306,161,386 | | | 95,924,492 | | | | | Total Investments in the fair value hierarchy | $ | 772,059,660 | | | $ | 676,135,168 | | | $ | 95,924,492 | | | | Common/Collective Trust Funds (1) | 6,498,487,899 | | | — | | | — | | | | Stable Value Fund/Money Market Fund (1) | 7,737,923 | | | — | | | — | | | | Humana Unitized Stock Fund / Money Market Fund (1) | 4,386,628 | | | — | | | — | | | | | Total Investments, at fair value | $ | 7,282,672,110 | | | $ | 676,135,168 | | | $ | 95,924,492 | | | |
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