| EBP, Investment, Fair Value and NAV |
The following table sets forth by level, within the fair value hierarchy, the Plan’s investments at fair value as of December 31, 2025 and 2024.
| | | | | | | | | | | | | | | | | | | | | | | | | Investments at Fair Value as of December 31, 2025 | | Level 1 | | Level 2 | | Level 3 | | Total | | Mutual funds | $ | 75,947,218 | | | $ | — | | | $ | — | | | $ | 75,947,218 | | | | | | | | | | | | | | | | | | EFSC common stocka | 8,543,230 | | | — | | | — | | | 8,543,230 | | | Interest-bearing cash | 69,730 | | | — | | | — | | | 69,730 | | | Total investments by hierarchy level | $ | 84,560,178 | | | $ | — | | | $ | — | | | 84,560,178 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Collective trust fundsb | | | | | | | 135,178,583 | | | Total investments, at fair value | | | | | | | $ | 219,738,761 | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | Investments at Fair Value as of December 31, 2024 | | Level 1 | | Level 2 | | Level 3 | | Total | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Mutual funds | $ | 66,005,355 | | | $ | — | | | $ | — | | | $ | 66,005,355 | | | | | | | | | | | | | | | | | | | EFSC Common Stock Fund | — | | | 8,974,549 | | | — | | | 8,974,549 | | | Total investments by hierarchy level | $ | 66,005,355 | | | $ | 8,974,549 | | | $ | — | | | 74,979,904 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Collective trust fundsb | | | | | | | 112,184,161 | | | Total investments, at fair value | | | | | | | $ | 187,164,065 | | | | | | | | | | aThe quoted market price of EFSC common stock on December 31, 2025 was $54.00 per share. | | bCertain investments that are measured at NAV 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 summarizes investments for which fair value is measured using the NAV per share practical expedient as of December 31, 2025, and 2024, respectively. There are no participant redemption restrictions for these investments; the redemption notice period is applicable only to the Plan.
| | | | | | | | | | | | | | | | | | | | | December 31, 2025 | Fair value | | | | Redemption frequency (if currently eligible) | | Redemption notice period | | Galliard Stable Return Fund C | $ | 8,124,368 | | | | | Daily | | Daily (a) | | | | | | | | | | Schwab Indexed Retirement Trust 2010 Fund Class I | 821,995 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2015 Fund Class I | 207,513 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2020 Fund Class I | 5,495,293 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2025 Fund Class I | 7,358,383 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2030 Fund Class I | 16,647,398 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2035 Fund Class I | 10,101,808 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2040 Fund Class I | 19,172,969 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2045 Fund Class I | 11,328,092 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2050 Fund Class I | 13,559,421 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2055 Fund Class I | 4,650,727 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2060 Fund Class I | 3,788,492 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2065 Fund Class I | 791,295 | | | | | Daily | | Daily | | State Street S&P 500 Index Non-Lending Series Fund Class N | 32,069,223 | | | | | Daily | | Daily | | State Street U.S. Inflation Protected Bond Index Securities Lending Series Fund Class II | 1,061,606 | | | | | Daily | | Daily | | $ | 135,178,583 | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | Fair value | | | | Redemption frequency (if currently eligible) | | Redemption notice period | | Galliard Stable Return Fund C | $ | 7,474,827 | | | | | Daily | | Daily (a) | | | | | | | | | | Schwab Indexed Retirement Trust 2010 Fund Class I | 744,407 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2015 Fund Class I | 332,353 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2020 Fund Class I | 5,573,152 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2025 Fund Class I | 7,203,557 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2030 Fund Class I | 13,441,424 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2035 Fund Class I | 8,704,980 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2040 Fund Class I | 17,354,800 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2045 Fund Class I | 8,735,431 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2050 Fund Class I | 10,024,765 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2055 Fund Class I | 3,466,960 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2060 Fund Class I | 2,528,333 | | | | | Daily | | Daily | | Schwab Indexed Retirement Trust 2065 Fund Class I | 249,933 | | | | | Daily | | Daily | | State Street S&P 500 Index Non-Lending Series Fund Class N | 25,637,478 | | | | | Daily | | Daily | | State Street U.S. Inflation Protected Bond Index Securities Lending Series Fund Class II | 711,761 | | | | | Daily | | Daily | | $ | 112,184,161 | | | | | | | | | | | | | | | |
(a) - Participants may transact daily in the fund; however, if the Plan desired to close out its entire position in the fund, the Plan would be subject to a 12 month redemption notice period.
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