Company: SENEA
Filing Date: 2025-06-27
Form Type: 11-K
Source: 0001437749-25-021427
Chunk: 2

Company: Seneca Foods Corp
Filing Date: 2025-06-27
Form: 11-K
Chunk 2
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 our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole.

/s/ Freed Maxick P.C.

We have served as the Plan’s auditor since 2024.

Buffalo, New York

June 27, 2025

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SENECA FOODS CORPORATION EMPLOYEES' SAVINGS PLAN

STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS

| Assets                                                           
 Investments:                                                     |     | December 31, 
 2024         |             |     | 2023 |             |
|:-----------------------------------------------------------------|:----|:-------------|------------:|:----|:-----|------------:|
| Investments, at fair value                                       |     | $            | 246,152,446 |     | $    | 220,254,880 |
| Fully-benefit responsive investment contracts, at contract value |     |              |   6,008,271 |     |      |   8,383,384 |
| Total investments                                                |     |              | 252,160,717 |     |      | 228,638,264 |
| Receivables:                                                     |     |              |             |     |      |             |
| Employer's contribution                                          |     |              |   2,795,122 |     |      |   2,453,234 |
| Notes receivable from participants                               |     |              |   3,117,095 |     |      |   2,147,422 |
| Total receivables                                                |     |              |   5,912,217 |     |      |   4,600,656 |
| Net assets available for benefits                                |     | $            | 258,072,934 |     | $    | 233,238,920 |

See notes to the financial statements.

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SENECA FOODS CORPORATION EMPLOYEES' SAVINGS PLAN

STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS

| Additions:                                        
 Investment income:                                |     | Years Ended December 31, 
 2024                     |             |     | 2023 |             |
|:--------------------------------------------------|:----|:-------------------------|------------:|:----|:-----|------------:|
| Net appreciation in fair value of investments     |     | $                        |  33