Nonexempt Transactions |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| EBP 001 | |
| Employee Benefit Plan Nonexempt Transactions [Line Items] | |
| Nonexempt Transactions | 7. Nonexempt Transactions: As reported on the Form 5500, Schedule H, Line 4a – Schedule of Delinquent Participant Contributions for the year ended December 31, 2025, certain participant contributions and loan repayments for Plan year 2024 totaling $338,265 were not remitted to the Plan within the timeframe specified by the Department of Labor’s Regulation 29 CFR §2510.3-102, thus constituting nonexempt transactions between the Plan and the Company. The Company self-corrected the 2024 late remittances in 2025 and remitted lost earnings to the affected Plan participants and paid any fines and penalties related to these prohibited transactions. The lost earnings include the amount the participants should have earned from the date the deferred contributions were made through the date of correction. |