# EDGAR Filing Document

**Accession Number:** 0000916490
**File Stem:** 0000910472-26-002900
**Filing Date:** 2026-2
**Character Count:** 31169
**Document Hash:** 0dea59b7580212cc0d8de57db46d698e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-002900.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000910472-26-002900

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TIMOTHY PLAN
- **CENTRAL INDEX KEY:** 0000916490

**ORGANIZATION NAME:**
- **EIN:** 597016828
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08228
- **FILM NUMBER:** 26685332

**BUSINESS ADDRESS:**
- **STREET 1:** 1055 MAITLAND CENTER COMMONS
- **CITY:** MAITLAND
- **STATE:** FL
- **ZIP:** 32751
- **BUSINESS PHONE:** 4076441986

**MAIL ADDRESS:**
- **STREET 1:** 1055 MAITLAND CENTER COMMONS
- **CITY:** MAITLAND
- **STATE:** FL
- **ZIP:** 32751

## Series and Classes Contracts Data

### Timothy Plan Small Cap Value Fund (Series ID: S000004479)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000012330 | Timothy Plan Small Cap Value Fund Class A | TPLNX           |
| C000012332 | Timothy Plan Small Cap Value Fund Class C | TSVCX           |
| C000126993 | Timothy Plan Small Cap Value Fund Class I | TPVIX           |

## Nport-Ex

---

| |
|:---|
| **TIMOTHY PLAN SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **December 31, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 82.8%** |  |
|  | **AEROSPACE & DEFENSE - 3.3%** |  |
| 32170 | AAR Corporation<sup>(a)</sup> | $2663354 |
| 10796 | Moog, Inc., Class A | 2629366 |
|  |  | 5292720 |
|  | **AUTOMOTIVE - 0.8%** |  |
| 27128 | XPEL, Inc.<sup>(a)</sup> | 1353958 |
|  | **BANKING - 15.2%** |  |
| 78227 | Atlantic Union Bankshares Corporation | 2761413 |
| 44581 | Banner Corporation | 2793445 |
| 23198 | City Holding Company | 2765202 |
| 18953 | Coastal Financial Corporation<sup>(a)</sup> | 2171824 |
| 49568 | FB Financial Corporation | 2765894 |
| 53773 | First Bancorp | 2731131 |
| 73899 | National Bank Holdings Corporation, Class A | 2808901 |
| 78391 | Renasant Corporation | 2760931 |
| 87335 | Seacoast Banking Corporation of Florida | 2744066 |
|  |  | 24302807 |
|  | **BIOTECH & PHARMA - 1.7%** |  |
| 43479 | Prestige Consumer Healthcare, Inc.<sup>(a)</sup> | 2682220 |
|  | **CHEMICALS - 5.6%** |  |
| 42180 | Avient Corporation | 1317703 |
| 14866 | Hawkins, Inc. | 2111864 |
| 18078 | Innospec, Inc. | 1383690 |
| 29698 | Sensient Technologies Corporation | 2790126 |
| 29811 | Stepan Company | 1411849 |
|  |  | 9015232 |
|  | **CONSTRUCTION MATERIALS - 1.3%** |  |
| 28813 | Knife River Corporation<sup>(a)</sup> | 2026995 |
|  | **ELECTRIC UTILITIES - 3.0%** |  |
| 71634 | Avista Corporation | 2760774 |
| 31026 | Northwestern Energy Group, Inc. | 2002418 |
|  |  | 4763192 |

---

---

| |
|:---|
| **TIMOTHY PLAN SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **December 31, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 82.8% (Continued)** |  |
|  | **ELECTRICAL EQUIPMENT - 3.5%** |  |
| 51931 | Atmus Filtration Technologies, Inc. | $2695738 |
| 180863 | Hayward Holdings, Inc.<sup>(a)</sup> | 2794333 |
|  |  | 5490071 |
|  | **ENGINEERING & CONSTRUCTION - 2.6%** |  |
| 31825 | Everus Construction Group, Inc.<sup>(a)</sup> | 2722947 |
| 6910 | MYR Group, Inc.<sup>(a)</sup> | 1509835 |
|  |  | 4232782 |
|  | **FOOD - 0.8%** |  |
| 15008 | J & J Snack Foods Corporation | 1356273 |
|  | **FORESTRY, PAPER & WOOD PRODUCTS - 0.9%** |  |
| 19681 | Boise Cascade Company | 1448522 |
|  | **GAS & WATER UTILITIES - 0.5%** |  |
| 43578 | MDU Resources Group, Inc. | 850643 |
|  | **HEALTH CARE FACILITIES & SERVICES - 0.9%** |  |
| 14115 | Addus HomeCare Corporation<sup>(a)</sup> | 1515810 |
|  | **HOME CONSTRUCTION - 1.8%** |  |
| 47469 | Century Communities, Inc. | 2817285 |
|  | **HOUSEHOLD PRODUCTS - 2.6%** |  |
| 52220 | Central Garden & Pet Company, Class A<sup>(a)</sup> | 1524302 |
| 30018 | Interparfums, Inc. | 2546427 |
|  |  | 4070729 |
|  | **INDUSTRIAL INTERMEDIATE PROD - 3.0%** |  |
| 19113 | AZZ, Inc. | 2048531 |
| 12387 | Standex International Corporation | 2691448 |
|  |  | 4739979 |
|  | **INSTITUTIONAL FINANCIAL SERVICES - 2.6%** |  |
| 85663 | Perella Weinberg Partners | 1481970 |
| 7747 | Piper Sandler Companies | 2631733 |
|  |  | 4113703 |

---

---

| |
|:---|
| **TIMOTHY PLAN SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **December 31, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 82.8% (Continued)** |  |
|  | **INSURANCE - 1.7%** |  |
| 112801 | Baldwin Insurance Group, Inc. (The)<sup>(a)</sup> | $2710608 |
|  | **LEISURE FACILITIES & SERVICES - 1.3%** |  |
| 40241 | Cheesecake Factory, Inc. (The) | 2031366 |
|  | **LEISURE PRODUCTS - 1.7%** |  |
| 60632 | YETI Holdings, Inc.<sup>(a)</sup> | 2678115 |
|  | **MACHINERY - 1.7%** |  |
| 8056 | Alamo Group, Inc. | 1352361 |
| 11578 | Lindsay Corporation | 1364699 |
|  |  | 2717060 |
|  | **MEDICAL EQUIPMENT & DEVICES - 1.7%** |  |
| 31368 | Merit Medical Systems, Inc.<sup>(a)</sup> | 2764775 |
|  | **OFFICE REIT - 1.7%** |  |
| 98046 | COPT Defense Properties | 2725679 |
|  | **OIL & GAS PRODUCERS - 4.2%** |  |
| 6756 | Gulfport Energy Corporation<sup>(a)</sup> | 1405180 |
| 71139 | Infinity Natural Resources, Inc., Class A<sup>(a)</sup> | 1047877 |
| 68067 | Magnolia Oil & Gas Corporation, Class A | 1489987 |
| 128962 | Northern Oil & Gas, Inc. | 2768815 |
|  |  | 6711859 |
|  | **OIL & GAS SERVICES & EQUIPMENT - 0.9%** |  |
| 39889 | Thermon Group Holdings, Inc.<sup>(a)</sup> | 1482275 |
|  | **REAL ESTATE INVESTMENT TRUSTS - 2.2%** |  |
| 17154 | PotlatchDeltic Corporation | 682386 |
| 145718 | Urban Edge Properties | 2796328 |
|  |  | 3478714 |
|  | **REAL ESTATE SERVICES - 0.9%** |  |
| 85461 | Newmark Group, Inc., Class A | 1481894 |

---

---

| |
|:---|
| **TIMOTHY PLAN SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **December 31, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 82.8% (Continued)** |  |
|  | **RETAIL - DISCRETIONARY - 3.3%** |  |
| 55843 | Academy Sports & Outdoors, Inc. | $2789917 |
| 7161 | Boot Barn Holdings, Inc.<sup>(a)</sup> | 1263702 |
| 21237 | Sonic Automotive, Inc., Class A | 1313721 |
|  |  | 5367340 |
|  | **RETAIL REIT - 1.7%** |  |
| 118479 | Four Corners Property Trust, Inc. | 2732126 |
|  | **SEMICONDUCTORS - 2.6%** |  |
| 39399 | Power Integrations, Inc. | 1400240 |
| 95451 | Veeco Instruments, Inc.<sup>(a)</sup> | 2727990 |
|  |  | 4128230 |
|  | **SOFTWARE - 4.3%** |  |
| 48343 | BlackLine, Inc.<sup>(a)</sup> | 2672884 |
| 29936 | Donnelley Financial Solutions, Inc.<sup>(a)</sup> | 1397712 |
| 125110 | Verra Mobility Corporation<sup>(a)</sup> | 2803715 |
|  |  | 6874311 |
|  | **TRANSPORTATION & LOGISTICS - 1.2%** |  |
| 25997 | ArcBest Corporation | 1928717 |
|  | **TRANSPORTATION EQUIPMENT - 1.6%** |  |
| 56024 | Blue Bird Corporation<sup>(a)</sup> | 2633128 |
|  | **TOTAL COMMON STOCKS (Cost $126,183,206)** | 132519118 |
|  | **EXCHANGE-TRADED FUND — 15.0%** |  |
|  | **EQUITY - 15.0%** |  |
| 580000 | Timothy Plan US Small Cap Core ETF<sup>(b)</sup> | 24041000 |
|  | **TOTAL EXCHANGE-TRADED FUND (Cost $14,834,080)** | 24041000 |

---

---

| |
|:---|
| **TIMOTHY PLAN SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **December 31, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **SHORT-TERM INVESTMENT — 2.0%** |  |
|  | **MONEY MARKET FUND - 2.0%** |  |
| 3190213 | Fidelity Investments Money Market Government Portfolio, Class I, 3.64%<sup>(c)</sup> (Cost $3,190,213) | $3190213 |
|  | **TOTAL INVESTMENTS - 99.8% (Cost $144,207,499)** | $159750331 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES - 0.2%** | 382593 |
|  | **NET ASSETS - 100.0%** | $160132924 |

---

ETF - Exchange-Traded Fund <br>REIT - Real Estate Investment Trust

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> Investment in affiliate.

<sup>(c)</sup> Rate disclosed is the seven day effective yield as of December 31, 2025.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** TIMOTHY PLAN

- **b. Investment Company Act file number:** 811-08228

- **c. CIK number of Registrant:** 0000916490

- **d. LEI of Registrant:** 549300TW26XMX8DL8P98

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1055 MAITLAND CENTER COMMONS

  - **City:** MAITLAND

  - **State:** FL

  - **Foreign country:** US

  - **Zip / Postal Code:** 32759

  - **Telephone number:** 407-644-1986

**Item A.2. Information about the Series.**

- **a. Name of Series:** Timothy Plan Small Cap Value Fund

- **b. EDGAR series identifier (if any):** S000004479

- **c. LEI of Series:** 549300X1RG2F787VPK25

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $160667688.17

**Total Liabilities:** $534764.30

**Net Assets:** $160132923.87

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000012330 | -4.52%               | 3.28%                | -0.93%               |
| Class ID C000012332 | -4.64%               | 3.24%                | -1.01%               |
| Class ID C000126993 | -4.52%               | 3.32%                | -0.97%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-271659.13              | $-7398729.11                               |
| Month 2  | $-2572438.16             | $7668509.22                                |
| Month 3  | $-171897.87              | $-1549424.93                               |

### Schedule of Portfolio Investments

| Name                                    | Title                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AAR Corp.                               | AAR CORP                  | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |     32170 | NS      | $2663354.30   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                                 | AZZ INC                   | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |     19113 | NS      | $2048531.34   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Academy Sports and Outdoors Inc         | ACADEMY SPORTS &          | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |     55843 | NS      | $2789916.28   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Addus Homecare Corp                     | ADDUS HOMECARE            | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |     14115 | NS      | $1515809.85   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamo Group Inc                         | ALAMO GROUP               | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               | CORP              | US        |      8056 | NS      | $1352360.72   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcbest Corporation                     | ARCBEST CORP              | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |     25997 | NS      | $1928717.43   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp          | ATLANTIC UNION B          | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     78227 | NS      | $2761413.10   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmus Filtration Technologies Inc.      | ATMUS FILTRATION          | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51931 | NS      | $2695738.21   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corporation                      | AVIENT CORP               | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |     42180 | NS      | $1317703.20   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Avista Corporation                      | AVISTA CORP               | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |     71634 | NS      | $2760774.36   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| The Baldwin Insurance Group Inc         | BALDWIN INSURANC          | CUSIP: 05589G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    112801 | NS      | $2710608.03   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Banner Corp                             | BANNER CORPORATI          | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44581 | NS      | $2793445.46   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackline Inc                           | BLACKLINE INC             | CUSIP: 09239B109<br>LEI: 529900P9N7PK9LV5EK56 | Long             | EC               | CORP              | US        |     48343 | NS      | $2672884.47   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Bird Corp.                         | BLUE BIRD CORP            | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |     56024 | NS      | $2633128.00   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co                        | BOISE CASCADE CO          | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |     19681 | NS      | $1448521.60   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings Inc                  | BOOT BARN HOLDIN          | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |      7161 | NS      | $1263701.67   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Company            | CENTRAL GARDEN-A          | CUSIP: 153527205<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |     52220 | NS      | $1524301.80   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities Inc                 | CENTURY COMMUNIT          | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |     47469 | NS      | $2817285.15   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory Inc                  | CHEESECAKE FACTO          | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |     40241 | NS      | $2031365.68   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| City Holding Co                         | CITY HOLDING CO           | CUSIP: 177835105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23198 | NS      | $2765201.60   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Financial Corp.                 | COASTAL FINANCIAL CORP/WA | CUSIP: 19046P209<br>LEI: 549300XG5L36T6IU0B47 | Long             | EC               | CORP              | US        |     18953 | NS      | $2171824.27   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT Defense Properties                 | COPT DEFENSE PRO          | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |     98046 | NS      | $2725678.80   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Donnelley Financial Solutions Inc       | DONNELLEY FINANC          | CUSIP: 25787G100<br>LEI: 549300O1NPY4J56QCU04 | Long             | EC               | CORP              | US        |     29936 | NS      | $1397711.84   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Everus Construction Group Inc.          | EVERUS CONSTRUCT          | CUSIP: 300426103<br>LEI: 2549006JMMHR0KILT425 | Long             | EC               | CORP              | US        |     31825 | NS      | $2722947.00   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| FB Financial Corp.                      | FB FINANCIAL COR          | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |     49568 | NS      | $2765894.40   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Colchester Street Trust        | FID-MM GOVT-I             | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |   3190213 | PA      | $3190212.52   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| First Bancorp                           | FIRST BANCORP/NC          | CUSIP: 318910106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53773 | NS      | $2731130.67   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Four Corners Property Trust Inc.        | FOUR CORNERS PRO          | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |    118479 | NS      | $2732125.74   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Gulfport Energy Operating Corp.         | GULFPORT ENERGY           | CUSIP: 402635502<br>LEI: 549300FJX18IDUFPHD40 | Long             | EC               | CORP              | US        |      6756 | NS      | $1405180.44   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins Inc                             | HAWKINS INC               | CUSIP: 420261109<br>LEI: 549300VL3IJ23OWX1Y34 | Long             | EC               | CORP              | US        |     14866 | NS      | $2111863.96   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Hayward Holdings Inc                    | HAYWARD HOLDINGS          | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    180863 | NS      | $2794333.35   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Infinity Natural Resources Inc.         | INFINITY NATUR-A          | CUSIP: 456941103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71139 | NS      | $1047877.47   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Innospec Inc                            | INNOSPEC INC              | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |     18078 | NS      | $1383690.12   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Interparfums Inc                        | INTERPARFUMS INC          | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30018 | NS      | $2546426.94   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| J&J Snack Foods Corp                    | J & J SNACK FOOD          | CUSIP: 466032109<br>LEI: 894500IGP1Y2ZQFQMJ83 | Long             | EC               | CORP              | US        |     15008 | NS      | $1356272.96   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Knife River Corp.                       | KNIFE RIVER               | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28813 | NS      | $2026994.55   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindsay Corp                            | LINDSAY CORP              | CUSIP: 535555106<br>LEI: 549300ZFO0QG5H8TPI61 | Long             | EC               | CORP              | US        |     11578 | NS      | $1364698.86   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU Resources Group, Inc.               | MDU RES GROUP             | CUSIP: 552690109<br>LEI: 549300MA0UV6AI6SNV27 | Long             | EC               | CORP              | US        |     43578 | NS      | $850642.56    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Grp Inc                             | MYR GROUP INC/DE          | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |      6910 | NS      | $1509835.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corporation          | MAGNOLIA OIL-A            | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68067 | NS      | $1489986.63   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc.              | MERIT MEDICAL             | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |     31368 | NS      | $2764775.52   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog Inc.                               | MOOG INC-CLASS A          | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |     10796 | NS      | $2629365.80   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank Holdings Corp             | NATIONAL-CL A             | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     73899 | NS      | $2808900.99   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmark Group Inc                       | NEWMARK GROUP-A           | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     85461 | NS      | $1481893.74   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Oil And Gas, Inc.              | NORTHERN OIL AND          | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |    128962 | NS      | $2768814.14   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| NorthWestern Energy Group Inc           | NORTHWESTERN ENE          | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |     31026 | NS      | $2002418.04   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Perella Weinberg Partners               | PERELLA WEINBERG          | CUSIP: 71367G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     85663 | NS      | $1481969.90   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Companies                 | PIPER SANDLER CO          | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |      7747 | NS      | $2631733.37   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Potlatchdeltic Corp.                    | POTLATCHDELTIC C          | CUSIP: 737630103<br>LEI: 54930084YA8UJOTXDM59 | Long             | EC               | CORP              | US        |     17154 | NS      | $682386.12    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Integrations Inc.                 | POWER INTEGRATIO          | CUSIP: 739276103<br>LEI: 54930085LGXSCIHD5W31 | Long             | EC               | CORP              | US        |     39399 | NS      | $1400240.46   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Consumer Healthcare Inc        | PRESTIGE CONSUME          | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43479 | NS      | $2682219.51   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Renasant Corp.                          | RENASANT CORP             | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |     78391 | NS      | $2760931.02   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Seacoast Banking Corporation Of Florida | SEACOAST BANK/FL          | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |     87335 | NS      | $2744065.70   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensient Technologies Corp              | SENSIENT TECHNOL          | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |     29698 | NS      | $2790127.10   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonic Automotive, Inc.                  | SONIC AUTOMOTI-A          | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |     21237 | NS      | $1313720.82   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Standex International Corp              | STANDEX INTL CO           | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |     12387 | NS      | $2691447.36   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Stepan Co                               | STEPAN CO                 | CUSIP: 858586100<br>LEI: IZU1EW9GB3WC7CYCSR17 | Long             | EC               | CORP              | US        |     29811 | NS      | $1411848.96   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermon Group Holdings Inc              | THERMON GROUP HO          | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |     39889 | NS      | $1482275.24   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Timothy Plan                            | TP US SM CAP COR          | CUSIP: 887432342<br>LEI: 549300TW26XMX8DL8P98 | Long             | EC               | RF                | US        |    580000 | NS      | $24041000.00  | 15.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Urban Edge Properties                   | URBAN EDGE P              | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    145718 | NS      | $2796328.42   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeco Instruments Inc.                  | VEECO INSTRUMENT          | CUSIP: 922417100<br>LEI: 5493004201F72ADDZW04 | Long             | EC               | CORP              | US        |     95451 | NS      | $2727989.58   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corporation              | VERRA MOBILITY C          | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |    125110 | NS      | $2803715.10   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Xpel Inc.                               | XPEL INC                  | CUSIP: 98379L100<br>LEI: 549300KWSE3IGXLJNW66 | Long             | EC               | CORP              | US        |     27128 | NS      | $1353958.48   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Yeti Holdings Inc                       | YETI HOLDINGS IN          | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     60632 | NS      | $2678115.44   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-28

**Name of Applicant:** TIMOTHY PLAN

**Signature:** Arthur D. Ally

**Name of Signer:** Arthur D. Ally

**Title:** President & Treasurer