| Summary of Fair Value Measurements |
The following tables set forth by level within the fair value hierarchy a summary of the Plan’s investments measured at fair value on a recurring basis at December 31, 2025 and 2024. For the years ended December 31, 2025 and 2024, there were no transfers in or out of Levels 1, 2, or 3. | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements Using | | | Quoted Prices In Active Markets for Identical Assets | | Significant Other Observable Inputs | | | | | | December 31, 2025 | | (Level 1) | | (Level 2) | | | | Total | | | | | | | | | | | Common stock | | $ | 181,447,740 | | | $ | — | | | | | $ | 181,447,740 | | | Mutual funds | | 375,211,169 | | | — | | | | | 375,211,169 | | | BrokerageLink accounts | | 37,999,902 | | | 2,114,795 | | | | | 40,114,697 | | Total assets in fair value hierarchy | | $ | 594,658,811 | | | $ | 2,114,795 | | | | | 596,773,606 | | Collective investment trust funds measured at net asset value (1) | | | | | | | | 2,206,635,079 | | | Total investments | | | | | | | | $ | 2,803,408,685 | |
| | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements Using | | | Quoted Prices In Active Markets for Identical Assets | | | | | | | | December 31, 2024 | | (Level 1) | | | | | | Total | | | | | | | | | | | Common stock | | $ | 177,505,684 | | | | | | | $ | 177,505,684 | | | Mutual funds | | 332,480,141 | | | | | | | 332,480,141 | | | BrokerageLink accounts | | 31,511,360 | | | | | | | 31,511,360 | | Total assets in fair value hierarchy | | $ | 541,497,185 | | | | | | | 541,497,185 | | Collective investment trust funds measured at net asset value (1) | | | | | | | | 1,800,908,138 | | | Total investments | | | | | | | | $ | 2,342,405,323 | |
(1) In accordance with Subtopic 820-10, certain investments that were measured at net asset value per share (or its equivalent) have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the line items presented in the statements of net assets available for benefits. The following table set forth additional disclosures of the Plan's collective investment trust fund investments that have fair value measurements estimated using net asset value ("NAV"): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Estimated Using NAV Per Share | | | December 31, 2025 | | December 31, 2024 | | Unfunded Commitment | | Redemption Frequency | | Other Redemption Restrictions | | Redemption Notice Period | | Investment: | | | | | | | | | | | | | | Invesco Stable Value Trust B1 | | $ | 69,093,935 | | | $ | 68,330,077 | | | N/A | | Daily | | N/A | | 12 Months | | Prudential Core Plus Bond Fund | | 61,326,645 | | | 49,648,220 | | | N/A | | Daily | | N/A | | 5 Days | | Spartan 500 Index Plus Fund | | 482,613,444 | | | 404,746,249 | | | N/A | | Daily | | N/A | | 30 Days | | Spartan Extended Market Index Fund | | 187,562,143 | | | 176,764,143 | | | N/A | | Daily | | N/A | | 30 Days | | Spartan Total International Index Fund | | 77,194,914 | | | 50,732,331 | | | N/A | | Daily | | N/A | | 30 Days | | Vanguard Target Retirement Funds | | 1,140,750,730 | | | 890,288,224 | | | N/A | | Daily | | N/A | | None | | Wellington CIF II | | 188,093,268 | | | 160,398,894 | | | N/A | | Daily | | N/A | | None |
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