Related Party and Party in Interest Transactions

12 Months Ended

Dec. 31, 2025

Note F – Related Party and Party in Interest Transactions

Artesian Resources Corporation and its employees are parties-in-interest to the Plan. On December 31, 2025 and December 31, 2024, the Plan's assets included $2,666,229 and $4,317,229, respectively, of Artesian Resources Corporation Class A non-voting common stock and $209,625 and $218,218, respectively, of participant notes receivable. Empower and its affiliates serve as the Plan’s recordkeeper and trustee/custodian and, as such, administrative fees recorded of $33,461 qualify as party-in-interest transactions. Transactions in these assets are exempt from the prohibited transaction rules.