v3.26.1
Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2025
EBP 009  
EBP, Investment, Fair Value and NAV [Line Items]  
Summary of Fair Value of Investments
The following summarizes investment information measured at fair value on a recurring basis by the fair value hierarchy levels as described above:

As of December 31, 2025
Quoted Prices inSignificant
Active Markets forObservable
Identical AssetsInputs
(Level 1)(Level 2)Total
Mutual funds$92,180,568 $– $92,180,568 
Money market funds4,461,148 – 4,461,148 
LNC common stock 140,687,355 – 140,687,355 
Brokerage account215,965,436 2,427,593 218,393,029 
Total investments measured at fair value$453,294,507 $2,427,593 455,722,100 
Collective investment trusts at NAV *2,980,721,081 
Total investments, at fair value$3,436,443,181 
As of December 31, 2024
Quoted Prices inSignificant
Active Markets forObservable
Identical AssetsInputs
(Level 1)(Level 2)Total
Mutual funds$92,250,726 $– $92,250,726 
Money market funds3,304,562 – 3,304,562 
LNC common stock 113,237,840 – 113,237,840 
Brokerage account178,654,373 7,190,718 185,845,091 
Total investments measured at fair value$387,447,501 $7,190,718 394,638,219 
Collective investment trusts at NAV *2,620,601,006 
Total investments, at fair value$3,015,239,225 

*
In accordance with Subtopic 820-10, certain investments that were measured at net 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 reconciliations of the fair
value hierarchy to the line item presented in the Statements of Net Assets Available for Benefits.