| EBP, Investment, Fair Value and NAV |
Investments measured at fair value on a recurring basis consisted of the following types of instruments as of December 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements Using Input Type: | | Level 1 | | Level 2 | | Level 3 | | Total | Money Market Funds | $ | 18,723,310 | | | $ | — | | | $ | — | | | $ | 18,723,310 | | Mutual Funds | 168,026,126 | | | — | | — | | 168,026,126 | | Investment Contract | — | | — | | 37,342,657 | | | 37,342,657 | | Annuity | — | | — | | 56,003 | | | 56,003 | Nordson Corporation Common Stock | 88,324,154 | | | — | | — | | 88,324,154 | | Total Investments in the Fair Value Hierarchy | $ | 275,073,590 | | | $ | — | | | $ | 37,398,660 | | | 312,472,250 | | Investments measured at Net Asset Value: | | | | | | | | Common/Collective Funds | | | | | | | 428,393,270 | Total Investments at Fair Value | | | | | | | $ | 740,865,520 |
Investments measured at fair value on a recurring basis consisted of the following types of instruments as of December 31, 2024: | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements Using Input Type: | | Level 1 | | Level 2 | | Level 3 | | Total | Money Market Funds | $ | 17,638,673 | | | $ | — | | | $ | — | | | $ | 17,638,673 | | Mutual Funds | 171,321,148 | | | — | | — | | 171,321,148 | | Investment Contract | — | | — | | 44,652,844 | | | 44,652,844 | | Annuity | — | | — | | 82,055 | | | 82,055 | Nordson Corporation Common Stock | 102,308,860 | | | — | | — | | 102,308,860 | | Total Investments in the Fair Value Hierarchy | $ | 291,268,681 | | | $ | — | | | $ | 44,734,899 | | | 336,003,580 | | Investments measured at Net Asset Value: | | | | | | | | Common/Collective Funds | | | | | | | 383,341,688 | Total Investments at Fair Value | | | | | | | $ | 719,345,268 |
The table below sets forth the changes in fair value of the Plan’s Level 3 assets for the year ended December 31, 2025: | | | | | | | | | | | | | | | | | |
| Investment Contract | | Annuity | | Total | Balance - Beginning of the Year | $ | 44,652,844 | | $ | 82,055 | | $ | 44,734,899 | | Investment income | 1,157,080 | | 2,448 | | 1,159,528 | | Purchases/share purchases | 5,344,748 | | — | | 5,344,748 | | Sales/share redemptions | (13,812,015) | | (28,500) | | (13,840,515) | Balance - End of the Year | $ | 37,342,657 | | $ | 56,003 | | $ | 37,398,660 |
4 Fair Value Measurements, Continued The table below sets forth the changes in fair value of the Plan’s Level 3 assets for the year ended December 31, 2024: | | | | | | | | | | | | | | | | | |
| Investment Contract | | Annuity | | Total | Balance - Beginning of the Year | $ | 58,725,459 | | $ | 79,182 | | $ | 58,804,641 | | Investment income | 1,499,784 | | 2,873 | | 1,502,657 | | Purchases/share purchases | 6,005,066 | | | | 6,005,066 | | Sales/share redemption | (21,577,465) | | — | | (21,577,465) | Balance - End of the Year | $ | 44,652,844 | | $ | 82,055 | | | $ | 44,734,899 |
The following table represents the Plan’s Level 3 financial instruments, the valuation techniques used to measure the fair value of those financial instruments, and the significant unobservable inputs and the ranges of value for those inputs as of December 31, 2025 and December 31, 2024:
| | | | | | | | | | | | | | | | | |
Instrument |
Fair Value |
Principal Valuation Technique | Unobservable Inputs | Range of Significant Input Values | Weighted Average | | Investment | $37,342,657 | Amounts | Guaranteed | 3.0% | N/A | | contract | (2025); | invested, less | interest rates | for 2025 | | | $44,652,844 | withdrawals, | | and 2024 | | | (2024) | plus interest at | | | | | | guaranteed rate | | | | | Annuity | $56,003 | Amounts | Guaranteed | Two tiers, one | N/A | | (2025); | invested, less | interest rates | at 4.0% and | | | $82,055 | withdrawals, | | one at 6.0% | | | (2024) | plus interest at | | (2025 & 2024) | | | | guaranteed rate | | | |
|