Company: EME
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000105634-25-000015
Chunk: 133

Company: EMCOR Group, Inc.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 133
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 %— %3.9 %Real estate9.0 %9.7 %10.0 %9.0 %Total100.0 %100.0 %100.0 %100.0 %Plan assets of our UK Plan are invested through third-party fund managers in various investments with underlying holdings which, as of December 31, 2024 and 2023, consisted of: (a) cash and cash equivalents, primarily held as collateral for other financial instruments, (b) debt securities, which include: (i) United Kingdom government debt, (ii) United States, United Kingdom, other European, and emerging market corporate debt, and (iii) real estate debt, and (c) real estate assets, which represent trusts which invest directly or indirectly in various properties throughout the United Kingdom.The following tables set forth the fair value of assets of the UK Plan as of December 31, 2024 and 2023 (in thousands):  Assets at Fair Value as of December 31, 2024Asset Category    Level 1Level 2Level 3TotalCorporate debt funds$— $39,972 $— $39,972 Government bond funds— 48,959 — 48,959 Cash and cash equivalents15,697 — — 15,697 Total plan assets in fair value hierarchy$15,697 $88,931 $— 104,628 Plan assets measured using NAV as a practical expedient: (1)Debt funds79,152 Real estate funds19,837 Total plan assets at fair value$203,617  Assets at Fair Value as of December 31, 2023Asset Category    Level 1Level 2Level 3TotalCorporate debt funds$— $44,504 $— $44,504 Government bond funds— 63,934 — 63,934 Cash and cash equivalents8,797 — — 8,797 Total plan assets in fair value hierarchy$8,797 $108,438 $— 117,235 Plan assets measured using NAV as a practical expedient: (1)Debt funds85,786 Real estate funds20,056 Total plan assets at fair value$223,077 _________________(1)Certain investments measured using net asset value (“NAV”) as a practical expedient have not been classified in