Company: ROK
Filing Date: 2025-06-18
Form Type: 11-K
Source: 0001024478-25-000075
Chunk: 10

Company: ROCKWELL AUTOMATION, INC
Filing Date: 2025-06-18
Form: 11-K
Chunk 10
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|                                   |     | December 31, 2023 |               |     |                      |     |                      |     |                          |
|:----------------------------------|:----|:------------------|--------------:|:----|:---------------------|:----|:---------------------|:----|:-------------------------|
|                                   |     | Fair Value        |               |     | Unfunded Commitments |     | Redemption Frequency |     | Redemption Notice Period |
| Separate account funds            |     | $                 |   902,618,177 |     | N/A                  |     | Daily                |     | 0-30 days                |
| Lifecycle commingled pools        |     |                   | 1,124,231,815 |     | N/A                  |     | Daily                |     | 15 days                  |
| Common collective trusts          |     |                   |   934,104,056 |     | N/A                  |     | Daily                |     | 0-90 days                |
| Total investments measured at NAV |     | $                 | 2,960,954,048 |     |                      |     |                      |     |                          |

The Plan offers a Stable Value Fund option which, through the Master Trust, invests primarily in money market investments and synthetic investment contracts. These contracts meet the fully benefit-responsive investment contract criteria and therefore are reported at contract value. Contract value is the relevant measure for fully benefit-responsive investment contracts because this is the amount received by participants if they were to initiate permitted transactions under the terms of the Master Trust. Contract value represents contributions made under each contract, plus earnings, less participant withdrawals and administrative expenses. The contract value of synthetic investment contracts held by the Master Trust was $285,334,090 and $325,245,660 as of December 31, 2024 and 2023, respectively. The Master Trust does not invest in traditional investment contracts.

The synthetic investment contracts held by the Master Trust include wrapper contracts that provide a guarantee that the credit rate will not fall below 0%. Cash flow volatility (for example, timing of the benefit payments) as well as asset underperformance can be passed through to the Master Trust through adjustments to future contract crediting rates. Formulas are provided in each contract that adjusts renewal crediting rates to recognize the difference between the fair value and the book value of the underlying assets. Crediting rates are reviewed quarterly for resetting.

The Master Trust’s ability