v3.26.1
Master Trust Investments
 12 Months Ended
Dec. 31, 2025
EBP 004  
EBP, Master Trust [Line Items]  
Master Trust Investments Master Trust Investments
The net assets of the Master Trust and the Plan’s interest in the Master Trust as of December 31, 2025 and 2024 were:

20252024
Master Trust BalancesPlan's Interest in Master Trust Balances    Master Trust BalancesPlan's Interest in Master Trust Balances
Investments at fair value:
Collective trusts$734,736,237 $619,087,468 $512,053,624 $421,564,054 
Ingredion common stock19,688,733 15,864,071 25,611,171 20,073,575 
Mutual funds75,155,264 61,413,159 228,439,096 199,709,502 
Money market mutual funds1,305,218 923,592 407,516 271,030 
Net assets$830,885,452 $697,288,290 $766,511,407 $641,618,161 


Net investment income for the Master Trust as well as the Plan’s interest in the Master Trust income for the year ended December 31, 2025 is summarized as follows:

Master TrustPlan's Interest in Master Trust
Net appreciation in fair value of investments$101,888,520 $87,174,423 
Dividend and interest income  8,028,138 6,482,471 
Investment Income$109,916,658 $93,656,894 
Notes to the Financial Statements, continued

3. Master Trust Investments, continued

Assets of the Master Trust that are measured at fair value on a recurring basis as of December 31, 2025 and 2024 are summarized below:

Fair Value Measurements
December 31, 2025
Level 1Level 2Level 3Total
Mutual funds$75,155,264 $— $— $75,155,264 
Company common stock19,688,733— — 19,688,733
Collective Trusts— 117,658,866 — 117,658,866
Money market mutual funds— 1,305,218 — 1,305,218
Total assets in fair value hierarchy94,843,997118,964,084 — 213,808,081
Investments measured at net asset value (ᵃ)— — — 617,077,371
Investments at fair value$94,843,997 $118,964,084 $— $830,885,452 
Fair Value Measurements
December 31, 2024
Level 1Level 2Level 3Total
Mutual funds$228,439,096 $— $— $228,439,096 
Company common stock25,611,171— — 25,611,171
Collective Trusts— 125,599,317 — 125,599,317
Money market mutual funds— 407,516— 407,516
Total assets in fair value hierarchy254,050,267126,006,833— 380,057,100
Investments measured at net asset value (ᵃ)— — — 386,454,307
Investments at fair value$254,050,267 $126,006,833 $— $766,511,407 
(a)Certain investments that were measured at net asset value per share (or its equivalent) as a practical expedient 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 total net assets presented in the Master Trust footnote.