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阿斯特克工业公司2025年度报告

2026-06-24 美股财报 单字一个翔
报告封面

(Mark One)☒ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended December31, 2025 OR ☐TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____. Commission File No.001-11595 A.Full title of the plan and the address of the plan, if different from that of the issuer named below: Astec Industries, Inc. 401(k) Retirement Plan B.Name of issuer of the securities held pursuant to the plan and the address of its principal executive office: Astec Industries, Inc.1725 Shepherd RoadChattanooga, TN 37421(423) 899-5898 REQUIRED INFORMATION The following financial statements and schedule of the Astec Industries, Inc. 401(k) Retirement Plan, prepared in accordance with thefinancial reporting requirements of the Employee Retirement Income Security Act of 1974, as amended, are filed herewith. Astec Industries, Inc. 401(k) Retirement PlanIndex to Financial Statements and Supplemental Schedule on Form 11-KFor the Year Ended December 31, 2025 Report of Independent Registered Public Accounting Firm To Plan CommitteeAstec Industries, Inc. 401(k) Retirement Plan: Opinion on the Financial Statements We have audited the accompanying statements of net assets available for benefits of the Astec Industries, Inc. 401(k) Retirement Plan(the "Plan") as of December31, 2025 and 2024, and the related statement of changes in net assets available for benefits for the yearended December 31, 2025, and the related notes (collectively referred to as the financial statements). In our opinion, the financial Basis for Opinion These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on the Plan'sfinancial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting OversightBoard (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the auditsto obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to erroror fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidenceregarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used Supplemental Information The supplemental schedule of assets (held at end of year) as of December31, 2025 has been subjected to audit procedures performedin conjunction with the audit of the Plan's financial statements. The supplemental information is the responsibility of the Plan'smanagement. Our audit procedures included determining whether the supplemental information reconciles to the financial statementsor the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the /s/ LBMC, PC We have served as the Plan's auditor since 2013. Knoxville, TennesseeJune24, 2026 Astec Industries, Inc. 401(k) Retirement PlanStatement of Changes in Net Assets Available for Benefits Astec Industries, Inc. 401(k) Retirement PlanNotes to Financial Statements 1. Description of Plan The following description of the Astec Industries, Inc. 401(k) Retirement Plan (the "Plan") provides only general information. Participantsshould refer to the Plan document for a more complete description of the Plan's provisions. General The Plan is a defined contribution plan covering substantially all eligible full-time employees of Astec Industries, Inc. and its U.S.domiciled subsidiaries (the "Company") who have reached age eighteen. Eligible participants are automatically enrolled in the Plan witha 6% salary deferral unless they elect otherwise. The Plan is subject to the provisions of the Employee Retirement Income Security Actof 1974, as amended ("ERISA"). The Plan is administered by a committee appointed by the Company. Empower Retirement, LLC is the Effective July 1, 2025, certain entities became participating employers in the Plan. As a result, eligible employees of those entitiesbecame participants in the Plan in accordance with the Plan's provisions. Contributions Participants may elect to contribute up to 90% of their base salary through payroll deductions, as defined under the provisions of thePlan document, subject to Internal Revenue Code ("Code") limitations. Annually, participants whose deferral election was 0% at theimmediately preceding year end are auto enrolled