Company: MCHB
Filing Date: 2025-06-17
Form Type: 11-K
Source: 0001518715-25-000091
Chunk: 9

Company: Mechanics Bancorp
Filing Date: 2025-06-17
Form: 11-K
Chunk 9
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                   |     |                                     | 150,655,382 |     |                         | — |     |                                 | — |     |       | 150,655,382 |
| Total                          |     | $                                   | 152,583,947 |     | $                       | — |     | $                               | — |     |       | 152,583,947 |
| Investments measured at NAV(1) |     |                                     |             |     |                         |   |     |                                 |   |     |       |  11,297,681 |
| Total investments              |     |                                     |             |     |                         |   |     |                                 |   |     | $     | 163,881,628 |

(1) Investments measured at fair value using net asset value per share (or its equivalent) as a practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in the hierarchy tables for such investments are intended to permit reconciliation of the fair value hierarchy to the investments at fair value line item presented in the statement of net assets available for benefits.

A summary of the Plan’s investments at December 31, 2024 and 2023, where fair value is estimated based on the NAV is presented below:

| Investment                    |     | 2024 Fair Value |            |     | 2023 Fair Value |            |     | Unfunded Commitment |   |     | Redemption Frequency |     | Redemption Restrictions |     | Notice Period |
|:------------------------------|:----|:----------------|-----------:|:----|:----------------|-----------:|:----|:--------------------|:--|:----|:---------------------|:----|:------------------------|:----|:--------------|
| Galliard Stable Return Fund C |     | $               | 11,889,222 |     | $               | 11,297,681 |     | $                   | — |     | Same day             |     | None                    |     | None          |

#### 4.

#### GALLIARD STABLE RETURN FUND C
The Galliard Stable Return Fund C (the “Fund”) is a collective trust fund sponsored by SEI Trust Company. The beneficial interest of each participant is represented by units. Units are issued and redeemed daily at the Fund’s constant NAV of $1 per unit. Distribution to the Fund’s unit holders is declared daily from the net investment income and automatically reinvested in the Fund monthly, when paid. It