Company: BOKF
Filing Date: 2025-06-16
Form Type: 11-K
Source: 0000875357-25-000036
Chunk: 11

Company: BOK FINANCIAL CORP
Filing Date: 2025-06-16
Form: 11-K
Chunk 11
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, there are currently no audits for any tax periods in progress.

9

Note 5 – Reconciliation of Financial Statements to the Form 5500

The following reconciles net assets available for benefits per the financial statements to the Form 5500:

|                                                                |     | December 31, |          2024 |     |   |          2023 |
|:---------------------------------------------------------------|:----|:-------------|--------------:|:----|:--|--------------:|
| Net assets available for benefits per the financial statements |     | $            | 1,190,222,987 |     | $ | 1,044,768,204 |
| Less: benefits payable                                         |     |              |        37,052 |     |   |     3,503,798 |
| Net assets available for benefits per the Form 5500            |     | $            | 1,190,185,935 |     | $ | 1,041,264,406 |

The following is a reconciliation of benefit payments per the financial statements to the Form 5500 at December 31, 2024:

| Benefit payments per the financial statements |     | $ | 98,184,817 |
| Add: benefits payable at end of year          |     |   |     37,052 |
| Less: benefits payable at beginning of year   |     |   |  3,503,798 |
| Benefit payments per the Form 5500            |     | $ | 94,718,071 |

Benefits payable are recorded on the Form 5500 for payments to participants that have been processed and approved for payment prior to December 31, 2024 but not yet paid.

#### Note 6 – Risks and Uncertainties
The Plan invests in various investment securities. Investment securities are exposed to various risks such as interest rate, market and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect participants' account balances and the amounts reported in the Statements of Net Assets Available for Benefits.

#### Note 7 – Related Parties
The Plan holds investments in funds that are part of the Cavanal Hill mutual fund family. Cavanal Hill Investment Management, Inc., a wholly owned subsidiary of BOKF, NA, is the administrator to and investment advisor for the Cavanal Hill Funds, a