The following tables set forth the Plan’s investments by valuation technique level, within the fair value hierarchy, excluding Plan interest in the Master Trust for NS stock. There were no level 3 valued investments.


	Level 1		Level 2		Total
	($ in thousands)

December 31, 2025
Registered investment companies	$	486,978	$	—	$	486,978
Common collective trusts	—		899,063		899,063

Investments at fair value	$	486,978	$	899,063	$	1,386,041

December 31, 2024
Registered investment companies	$	803,762	$	—	$	803,762
Common collective trusts	—		459,170		459,170

Investments at fair value	$	803,762	$	459,170	$	1,262,932

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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+ Details

- Definition

Tabular disclosure of fair value of investment held by employee stock purchase, saving, or similar plan (employee benefit plan (EBP)), including, but not limited to, fair value measured at net asset value per share as practical expedient (NAV).

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+ Details