| Schedule of Plan's Assets Fair Value Hierarchy |
The following table provides the amount and corresponding level of hierarchy for the Plan’s investments that were measured at fair value on a recurring basis as of December 31, 2025: | | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Total | Interest-bearing cash | | $ | 2,843 | | $ | — | | $ | — | | $ | 2,843 | Mutual funds | | | 72,968,341 | | | — | | | — | | | 72,968,341 | Self-directed brokerage accounts | | | 8,605,447 | | | — | | | — | | | 8,605,447 | Merit Medical Systems, Inc. common stock | | | 42,224,320 | | | — | | | — | | | 42,224,320 | Total assets in the fair value hierarchy | | $ | 123,800,951 | | $ | — | | $ | — | | $ | 123,800,951 | Investments measured at net asset value | | | | | | | | | | | | | Common-collective trust funds | | | | | | | | | | | | 121,165,003 | Stable value fund | | | | | | | | | | | | 2,557,809 | Total Investments — at fair value | | | | | | | | | | | $ | 247,523,763 |
The following table provides the amount and corresponding level of hierarchy for the Plan’s investments that were measured at fair value on a recurring basis as of December 31, 2024: | | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Total | Interest-bearing cash | | $ | 2,964 | | $ | — | | $ | — | | $ | 2,964 | Mutual funds | | | 109,564,402 | | | — | | | — | | | 109,564,402 | Self-directed brokerage accounts | | | 6,706,231 | | | — | | | — | | | 6,706,231 | Merit Medical Systems, Inc. common stock | | | 47,972,130 | | | — | | | — | | | 47,972,130 | Total assets in the fair value hierarchy | | $ | 164,245,727 | | $ | — | | $ | — | | $ | 164,245,727 | Investments measured at net asset value | | | | | | | | | | | | | Common-collective trust funds | | | | | | | | | | | | 46,868,757 | Stable value fund | | | | | | | | | | | | 2,485,412 | Total Investments — at fair value | | | | | | | | | | | $ | 213,599,896 |
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