| Schedule of Investments Measured at Fair Value on a Recurring Basis |
The following table sets forth by level within the fair value hierarchy, the Plan’s assets at fair value as of:
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December 31, 2025 |
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|
Description |
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Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
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Mutual funds |
$ |
|
36,026,800 |
|
$ |
|
- |
|
$ |
|
- |
|
$ |
|
36,026,800 |
|
Common stock |
|
|
909,685 |
|
|
|
- |
|
|
|
- |
|
|
|
909,685 |
|
Money market funds |
|
|
28,829 |
|
|
|
- |
|
|
|
- |
|
|
|
28,829 |
|
Collective trust funds |
|
|
103,770,899 |
|
|
|
- |
|
|
|
- |
|
|
|
103,770,899 |
|
Total investments measured at fair value |
|
|
140,736,213 |
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|
|
- |
|
|
|
- |
|
|
|
140,736,213 |
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|
|
|
|
|
|
|
|
|
|
|
|
|
Investments measured at NAV (a) |
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|
- |
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|
|
- |
|
|
|
- |
|
|
|
8,280,722 |
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|
|
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|
|
|
|
|
|
|
|
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Total investments |
$ |
|
140,736,213 |
|
$ |
|
- |
|
$ |
|
- |
|
$ |
|
149,016,935 |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2024 |
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|
|
|
Description |
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
|
Mutual funds |
$ |
|
34,752,173 |
|
$ |
|
- |
|
$ |
|
- |
|
$ |
|
34,752,173 |
|
Common stock |
|
|
1,691,481 |
|
|
|
- |
|
|
|
- |
|
|
|
1,691,481 |
|
Money market funds |
|
|
58,672 |
|
|
|
- |
|
|
|
- |
|
|
|
58,672 |
|
Collective trust funds |
|
|
99,234,342 |
|
|
|
- |
|
|
|
- |
|
|
|
99,234,342 |
|
Total investments measured at fair value |
|
|
135,736,668 |
|
|
|
- |
|
|
|
- |
|
|
|
135,736,668 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments measured at NAV (a) |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
7,533,244 |
|
|
|
|
|
|
|
|
|
|
|
|
|
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Total investments |
$ |
|
135,736,668 |
|
$ |
|
- |
|
$ |
|
- |
|
$ |
|
143,269,912 |
|
(a) In accordance with FASB Subtopic 820-10, certain investments that were measured at net asset value per share (or their 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.
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| Schedule of Fair Value Investments Estimated Using Net Asset Value Per Share |
The following table sets forth additional disclosures of the Plan’s investments whose fair value is estimated using NAV per share (or its equivalent) as of December 31, 2025:
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Fair Value
December 31, |
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|
|
|
Investment |
2025 |
|
2024 |
|
Unfunded Commitment |
Redemption Frequency |
Redemption Notice Period |
Putnam Large Cap Value |
$ |
7,259,973 |
|
$ |
6,637,244 |
|
None |
Daily |
None |
Lazard Emerging Markets Managed Volatility |
|
1,020,749 |
|
|
896,000 |
|
None |
Daily |
None |
|
$ |
8,280,722 |
|
$ |
7,533,244 |
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