wsfs-20260630

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 11-K

FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS

AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

(Mark One)

{X} ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES

AND EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2025

{ } TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES

AND EXCHANGE ACT OF 1934

For the transition period from __________________________ to _______________________

Commission file number 001-35638

A.Full title of the plan and the address of the plan:

WSFS Financial Corporation

Section 401(k) Savings and Retirement Plan

B.Name of issuer of the securities held pursuant to the plan and the address of its

principal executive office:

WSFS Financial Corporation

WSFS Bank Center

500 Delaware Avenue

Wilmington, DE 19801

REQUIRED INFORMATION

Item 4. Financial Statements and Exhibits

a) The following plan financial statements, schedules and reports are attached hereto:

Report of Independent Registered Public Accounting Firm

Statements of Net Assets Available for Benefits as of December 31, 2025 and 2024

Statement of Changes in Net Assets Available for Benefits for the Year Ended December 31, 2025

Notes to Financial Statements

Supplemental Schedule

Schedule H, Line 4i - Schedule of Assets (Held at End of Year) as of December 31, 2025

b) Exhibit 23.1 Consent of Independent Registered Public Accounting Firm

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned thereunto duly authorized.

WSFS Financial Corporation

Section 401(k) Savings and Retirement Plan

DATE:

June 30, 2026

/s/ Lisa Brubaker

Lisa Brubaker

For the Plan Administrator

WSFS FINANCIAL CORPORATION

SECTION 401(k) SAVINGS AND RETIREMENT PLAN

Financial Statements and Supplemental Schedule

December 31, 2025 and 2024

(With Report of Independent Registered Public Accounting Firm)

WSFS FINANCIAL CORPORATION

SECTION 401(k) SAVINGS AND RETIREMENT PLAN

Table of Contents


						Page
Report of Independent Registered Public Accounting Firm						1
Statements of Net Assets Available for Benefits as of December 31, 2025 and 2024						2
Statement of Changes in Net Assets Available for Benefits for the Year Ended December 31, 2025						3
Notes to Financial Statements						4

Supplemental Schedule*
1 Schedule H, Line 4i - Schedule of Assets (Held at End of Year) as of December 31, 2025						14

*All other schedules required by Section 2520.103-10 of the Department of Labor's Rules and Regulations under the Employee Retirement Income Security Act of 1974 have been omitted because they are not applicable.

Report of Independent Registered Public Accounting Firm

To the Plan Participants and Plan Administrator

WSFS Financial Corporation Section 401(k) Savings and Retirement Plan:

Opinion on the Financial Statements

We have audited the accompanying statements of net assets available for benefits of WSFS Financial Corporation Section 401(k) Savings and Retirement Plan (the Plan) as of December 31, 2025 and 2024, the related statement of changes in net assets available for benefits for the year ended December 31, 2025, and the related notes (collectively, the financial statements). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2025 and 2024, and the changes in net assets available for benefits for the year ended December 31, 2025, in conformity with U.S. generally accepted accounting principles.

Basis for Opinion

These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

Accompanying Supplemental Information

The Schedule H, line 4i – Schedule of Assets (Held at End of Year) as of December 31, 2025 has been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental information is the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole.

/s/ KPMG LLP

We have served as the Plan’s auditor since 1994.

McLean, Virginia

June 30, 2026

WSFS FINANCIAL CORPORATION

SECTION 401(k) SAVINGS AND RETIREMENT PLAN

Statements of Net Assets Available for Benefits

December 31, 2025 and 2024


				2025		2024
Assets:
	Investments, at fair value
		Pooled Separate Accounts		$	181,326,421	$	—
		Mutual funds		91,464,710		225,127,103
		WSFS Common Stock Fund		15,192,569		16,566,937
			Total investments, at fair value	287,983,700		241,694,040
		Fully benefit-responsive investment contract, at contract value		16,794,699		18,412,141
			Total investments	$	304,778,399	$	260,106,181

Receivables:
		Notes receivable from participants		$	—	$	814

			Total receivables	—		814
			Net assets available for benefits	$	304,778,399	$	260,106,995

See accompanying notes to financial statements.

WSFS FINANCIAL CORPORATION

SECTION 401(k) SAVINGS AND RETIREMENT PLAN

Statement of Changes in Net Assets Available for Benefits

December 31, 2025


			2025
Additions:
	Investment income:
		Net appreciation in fair value of investments	$	36,303,273
		Interest and dividends	6,081,917
		Net investment income	42,385,190
	Interest income on notes receivables from participants		14

	Contributions:
		Employers	11,076,630
		Participants	18,791,974
		Rollovers	2,123,962

		Total contributions	31,992,566

Deductions:
		Benefits paid	29,398,150
		Administrative expenses	308,216
		Total deductions	29,706,366

		Net increase in net assets available for benefits	44,671,404
Net assets available for benefits:
		Beginning of year	260,106,995
		End of year	$	304,778,399

See accompanying notes to financial statements.

WSFS FINANCIAL CORPORATION

SECTION 401(k) SAVINGS AND RETIREMENT PLAN

Notes to Financial Statements

December 31, 2025 and 2024

Note 1: Description of Plan

Effective October 1, 1969, Wilmington Savings Fund Society, FSB (WSFS), a wholly owned subsidiary of WSFS Financial Corporation (the Company), established and adopted the WSFS Financial Corporation Section 401(k) Savings and Retirement Plan (the Plan) for the benefit of its eligible employees (Associates).

WSFS is the Plan Administrator. Empower Trust Company is the Plan trustee and custodian, and Empower Retirement (Empower) is the Plan record-keeper.

The Plan is a defined contribution plan covering eligible employees as defined below. The Plan is a qualified defined contribution retirement plan with a cash or deferred arrangement under Internal Revenue Code Sections 401(a) and 401(k), respectively, and is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA), as amended.

On January 1, 2017, the Plan was amended to adopt the safe harbor matching contribution provisions of the Internal Revenue Code (IRC), which provides for Employer Safe Harbor Matching Contributions of 100% of the first 5% of participants' contributions (Safe Harbor Matching Contributions). As a result of this amendment, all regular matching contributions for participants employed on January 1, 2017 and all Safe Harbor Matching Contributions are 100% vested immediately. With this election, the Plan is not subject to annual non-discrimination testing because, in lieu of testing, the employer deposits a mandatory percentage of fully vested matching contributions. In addition, effective January 1, 2017, participant loans are no longer offered by the Plan.

Effective January 1, 2024, the Plan was amended and participants can elect to make post-tax Roth contributions. Effective August 1, 2025, in accordance with the Setting Every Community Up for Retirement Enhancement Act of 2019 (‘SECURE Act’) and subsequent legislation, the Plan was amended to increase the cash-out limit for mandatory distributions to $7,000.

The following description of the Plan provides only general information. Participants should refer to the plan document or the summary plan description for a more complete description of the Plan’s provisions.

Eligibility

Certain full and part-time regular Associates of the Company and its subsidiaries (the Employers) who have completed 30 days of continuous service and are at least 21 years old are eligible to participate in the Plan. Peak-time Associates, interns, temporary employees, leased employees, and nonresident aliens are not eligible to participate in the Plan, except as may otherwise be required to preserve the qualified status of the Plan.

Contributions

Participant Contributions: Under the Plan, participants may elect to make pre-tax and/or post-tax Roth contributions of 1% to 70% of their total annual compensation, not to exceed $23,500 in 2025 and $23,000 in 2024 in accordance with the Internal Revenue Service (IRS) regulations. Participants who were 50 years of age or older at December 31, 2025 and 2024, were eligible to make additional elective deferral contributions of $7,500 in 2025 and 2024.

WSFS FINANCIAL CORPORATION

SECTION 401(k) SAVINGS AND RETIREMENT PLAN

Notes to Financial Statements

December 31, 2025 and 2024

Participants may elect to start, increase, reduce or suspend contributions at any time during the year. Changes to a participant's contribution percentage are effective as of the next first pay period of the month or as soon as administratively possible. Contributions made by participants are credited to their individual accounts and are made on a pre-tax and/or post-tax basis, depending on participant elections, assuming applicable regulations set forth in the IRC are satisfied. The Plan includes an auto-enrollment provision whereby all newly eligible Associates are automatically enrolled in the Plan unless they affirmatively elect not to participate. The contribution percentage at automatic enrollment is 4% of the participant's eligible compensation. If the participant has not selected an investment option, the contributions are invested in the Plan’s default option, which is the American Funds Target Date Retirement Fund having the target retirement date closest to the participant's 65th birthday.

Employers' Contributions: All contributions made by the Employers on the participants’ behalf are made on a pre-tax basis. The Employers’ contributions are comprised of the following:

Employers’ Matching Contribution: The Plan includes a Safe Harbor Matching Contribution that requires the Employers match 100% of the Associate’s contribution up to 5% of total compensation. The matching contribution is made in cash and participants are able to direct the investment of the contribution. If they choose not to direct the matching contribution, the contribution will be invested in the default option as defined in Participant Contributions. Participants can make changes to their investment elections at any time.

Employers’ Profit Sharing Contribution: The Board of Directors, at its discretion, may award Participants a discretionary profit sharing contribution at the end of the plan year. Associates must complete 1,000 hours of service during the Plan year and be employed by the Company on the last day of the Plan year to be eligible. For the years ending December 31, 2025 and 2024, WSFS did not make a profit sharing contribution.

Associates’ Rollover Account Contributions: In its sole discretion, the Plan Administrator may authorize the Plan to accept rollover contributions of cash from any Associate, whether or not the Associate is eligible to participate in the Plan, or a direct rollover contribution of an eligible distribution from another qualified plan. At all times, an Associate who makes a rollover or direct rollover contribution has a 100% non-forfeitable interest in those contributions.

Participants’ Accounts

Participants’ accounts are credited for their contributions and the Employers’ contributions made on their behalf. Participants’ accounts are also adjusted by an allocation of the earnings or losses of the Plan fund in which each participant’s account is invested based on the change in unit share price of the applicable fund. For the money market fund, participants' account balances are adjusted based on the ratio of the account balance to the total of all participants’ account balances in that fund.

Vesting

All participant contributions and related earnings and losses are 100% vested and are not subject to forfeiture for any reason. Beginning on January 1, 2017, as a result of the safe harbor election, Safe Harbor Matching Contributions and related earnings and losses are 100% vested for active participants.

Prior to January 1, 2017, employers' matching contributions and related earnings and losses were subject to less than 100% vesting. These contributions vested at a rate of 20% per year of service attained by the participant, or under any of the following circumstances: attainment of normal retirement age while an employee, death while an employee, or becoming disabled while an employee. A year of service required a minimum of 1,000 hours of service.

WSFS FINANCIAL CORPORATION

SECTION 401(k) SAVINGS AND RETIREMENT PLAN

Notes to Financial Statements

December 31, 2025 and 2024

Unvested balances became unallocated forfeitures to the Plan after a period of five consecutive one-year breaks in service immediately after termination by the participant. Unvested balances forfeited by participants can be used to reduce future Employers' matching contributions or pay plan expenses. Unallocated forfeitures were $318 and $16,769 at December 31, 2025 and 2024, respectively. During 2025, $29,132 of forfeitures were used to reduce matching contributions compared to $9,331 in 2024. In 2025, $1,500 of forfeitures were used to reduce plan expenses compared to $12,997 in 2024.

Withdrawals

Participants’ accounts are segregated between pre-January 1, 1988 and post-January 1, 1988 contributions. Participant contributions made subsequent to January 1, 1988 are made on a pre-tax basis. Effective January 1, 2024, participants may elect to make Roth contributions. Withdrawals are subject to taxes and, in certain instances, penalties as set forth in the IRC. Effective January 1, 1993, the Plan is required to withhold federal income taxes at a flat rate of 20% on the taxable portion of rollover eligible withdrawals that are not directly rolled over into an Individual Retirement Account (IRA) or another qualified retirement plan. This withholding tax does not apply to required minimum distributions and annuity payments. Participant interest payments on loans are made on a post-tax basis but are taxed as earnings when distributed. Hardship withdrawals are processed pro-rata, pulled equally between pre-tax and Roth funds.

Under the Plan, participants may request hardship withdrawals of vested contributions (but not income earned on contributions after December 31, 1988). Hardship withdrawals must be approved by the Plan Administrator and can only be made for one of the following reasons:

•Certain expenses incurred or necessary for medical care for the participant, their spouse, children or dependents;

•The purchase (excluding mortgage payments) of a principal residence for the participant;

•Payment of tuition and related educational fees for the next 12 months of post-secondary education for the participant or their spouse, children, or dependents;

•The need to prevent the eviction from the participant's principal residence (or a foreclosure on the mortgage on the participant's principal residence);

•Payments for burial or funeral expenses for the participant's deceased parent, spouse, children or dependents;

•Expenses for the repair of damage to the principal residence of the participant that would qualify for a casualty deduction;

•Expenses incurred on account of a federally declared disaster; or

•Any other reason authorized as a safe harbor by the IRS.

Notes Receivable from Participants

Prior to January 1, 2017, participants could elect to borrow a minimum of $1,000 and up to a maximum of the lesser of $50,000 or 50% of their vested account balance. The interest rate on loans is the prime rate plus 1% at the time of borrowing. Interest paid on outstanding loans is added to the participant’s account balance. Loans are secured by the participant’s account balance in the Plan. Principal and interest payments are paid through payroll deductions. The current value of the notes receivable from participants represents unpaid principal plus any accrued but unpaid interest. As of December 31, 2025, there were no notes receivable from participants. The interest rate on the notes receivable from participants was 4.25% during 2025. Management has evaluated participant notes receivable for collectability and has determined that no allowance for uncollectible notes is necessary. Effective January 1, 2017, participant loans are no longer offered by the Plan.

WSFS FINANCIAL CORPORATION

SECTION 401(k) SAVINGS AND RETIREMENT PLAN

Notes to Financial Statements

December 31, 2025 and 2024

Plan Expenses

Expenses relating to the administration of the Plan are generally paid with the earnings and receipts of the Plan investments. Participants pay fees at the Plan and fund levels. The participant Plan fee is an asset fee charged by Empower of 8 basis points (annualized) calculated on the market value at month-end of the total plan assets in the participant's account. The fund level fee paid by Participants is based on the expense percentage of each individual fund calculated on the market value at month-end of the total plan assets in the participant's account. WSFS pays third-party administration Plan fees. Costs incurred by the Plan relating to voluntary removal of funds in the form of loan proceeds or withdrawals are paid by the participants taking the loan or withdrawal.

Payment of Benefits

Any participant who separates from service for any reason, excluding death, is entitled to receive their vested interest in their account balance. This distribution can be made as a lump-sum payment, rollover to an IRA, or rollover to the qualified plan of a new employer. Upon the death of a participant prior to payment of all retirement benefits, the participant’s vested account balance is paid to the participant’s beneficiary in accordance with the plan document.

Plan Termination

Although WSFS has not expressed any intention to terminate the Plan, it may do so at any time. Upon the complete discontinuation of contributions to the Plan, or the complete or partial termination of the Plan, the rights of all affected Associates under the Plan shall become fully vested and nonforfeitable.

WSFS FINANCIAL CORPORATION

SECTION 401(k) SAVINGS AND RETIREMENT PLAN

Notes to Financial Statements

December 31, 2025 and 2024

Note 2: Summary of Significant Accounting Policies

Basis of Presentation

The accompanying financial statements have been prepared in accordance with U.S. Generally Accepted Accounting Principles (GAAP) using the accrual basis of accounting.

Investment Valuation and Income Recognition

Investments are reported at fair value, with the exception of the Separate Account Guaranteed Interest Contract (SAGIC) investment option which is reported at contract value as described in paragraph below. See Note 4 for further information on investments reported at fair value.

Net appreciation (depreciation) in fair value of investments is reflected in the Statement of Changes in Net Assets Available for Benefits and includes realized gains and losses on investments bought and sold and the change in appreciation (depreciation) in fair value during the reporting period.

Purchases and sales of securities are recorded on a trade-date basis.

Dividends are recorded on the ex-dividend date. Acquisition costs are included in the cost of investments purchased, and sales are recorded net of selling expenses.

Notes Receivable from Participants

Notes receivable from participants are recorded at their unpaid principal balance plus any accrued but unpaid interest. Delinquent participant loans are reclassified as distributions based on the terms of the plan document.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and changes therein, and disclosure of contingent assets and liabilities. Actual results could differ from those estimates.

Fund Accounting for Income

The pooled separate accounts and mutual funds in the Plan allocate dividend income to the accounts of participants in those funds rather than distributing the income among the investors in the fund. The SAGIC and Common Stock Fund aggregate dividend income into the unit value rather than distributing the income among investors in the fund.

Payment of Benefits

Benefits are recorded when paid.

WSFS FINANCIAL CORPORATION

SECTION 401(k) SAVINGS AND RETIREMENT PLAN

Notes to Financial Statements

December 31, 2025 and 2024

Fully Benefit-Responsive Investment Contract

Fully benefit-responsive investment contract is presented at contract value in the Statements of Net Assets Available for Benefits because contract value is the relevant measurement attribute for that portion of the Plan’s net assets available for benefits. Contract value represents contributions made to a contract, plus earnings, less participant withdrawals and administrative expenses. Participants in a fully benefit-responsive contract may ordinarily direct the withdrawal or transfer of all or a portion of their investment at contract value.

At December 31, 2025 and 2024, the Plan held a traditional fully benefit-responsive investment contract with Empower through a SAGIC investment option. The SAGIC is a collective bond fund reported as a fully benefit-responsive contract that is managed by Empower and holds as its principal investment the Empower Diversified Bond II. The objective of the SAGIC is to provide a stated rate of return, generated from investment in a diversified portfolio of primary investment-grade fixed income securities. Empower serves as the trustee and custodian for the SAGIC. Empower Capital Management serves as the investment advisor. There are no restrictions on redemptions for the SAGIC, but transfers to competing fixed income investments are not allowed.

The Plan's ability to receive amounts due in accordance with the fully benefit-responsive investment contract noted above is dependent on the third-party issuer's ability to meet its financial obligations. The issuer's ability to meet its contractual obligations could be affected by future economic and regulatory developments.

Certain events limit the ability of the Plan to transact at contract value with the contract issuer. Such events include the following:

•The Plan's failure to qualify under Section 401(a) of the Internal Revenue Code;

•Premature termination of the contract;

•Plan termination or merger;

•Changes to the Plan's prohibition on competing investment options; or

•Bankruptcy of the plan sponsor or other plan sponsor events (for example, divestitures or spin offs of a subsidiary) that significantly affect the Plan's normal operations.

At December 31, 2025, no events were considered probable that could limit the ability of the Plan to transact at contract value with the contract issuers and that also would limit the ability of the Plan to transact at contract value with the participants.

In addition, certain events allow the issuer to terminate the contract with the Plan and settle at an amount different from contract value. Examples of such events include the following:

•An uncured violation of the Plan's investment guidelines;

•A breach of material obligation under the contract;

•A material misrepresentation; or

•A material amendment to the agreements with the consent of the issuer.

At December 31, 2025, no events occurred that would allow the issuer to terminate the contract with the Plan and settle at an amount different from contract value.

Recent Accounting Pronouncements

Accounting Guidance Adopted in 2025

There was no accounting guidance adopted during 2025, and there was no accounting guidance pending adoption at December 31, 2025.

WSFS FINANCIAL CORPORATION

SECTION 401(k) SAVINGS AND RETIREMENT PLAN

Notes to Financial Statements

December 31, 2025 and 2024

Note 3: Investments

The Plan’s investments are held in a trust administered by Empower Trust Company. A complete listing of the Plan’s investments as of December 31, 2025 is included in the Supplemental Schedule—Schedule H, Line 4i - Schedule of Assets (Held at End of Year).

The Plan holds an indirect investment in the Company's common stock through shares held by the WSFS Common Stock Fund. The WSFS Common Stock Fund represented approximately 5% and 6% of total investments as of December 31, 2025 and 2024, respectively. The Company is a savings and loan holding company.

WSFS FINANCIAL CORPORATION

SECTION 401(k) SAVINGS AND RETIREMENT PLAN

Notes to Financial Statements

December 31, 2025 and 2024

Note 4: Fair Value Measurement

ASC 820-10, Fair Value Measurements and Disclosure, defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC 820-10 establishes a fair value hierarchy that prioritizes the use of inputs used in valuation methodologies into the following three levels:

Level 1 Inputs to the valuation methodology are quoted prices, unadjusted, for identical assets or liabilities in active markets. A quoted price in an active market provides the most reliable evidence of fair value and shall be used to measure fair value whenever available.

Level 2 Inputs to the valuation methodology include quoted prices for similar assets or liabilities in active markets; inputs to the valuation methodology include quoted prices for identical or similar assets or liabilities in markets that are not active; or inputs to the valuation methodology that are derived principally from or can be corroborated by observable market data by correlation or other means.

Level 3 Inputs to the valuation methodology are unobservable and significant to the fair value measurement. Level 3 assets and liabilities include financial instruments whose value is determined using discounted cash flow methodologies, as well as instruments for which the determination of fair value requires significant management judgment or estimation.

An asset’s or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques used should maximize the use of observable inputs and minimize the use of unobservable inputs.

The following is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used at December 31, 2025 and 2024.

Pooled Separate Accounts: The fair value of pooled separate accounts is based on the reported NAV of the underlying investments as determined by the insurance provider. Net asset value is a readily determinable fair value of the underlying assets and is the basis for current transactions. Investments are redeemable daily at net asset value and there are no restrictions on redemptions.

Mutual Funds: Mutual funds are valued at the closing price reported on the active market on which the individual securities are traded.

WSFS Common Stock Fund: The Plan's investment in common stock of the Company is held in a unitized account made available only to the Plan's participants. The WSFS Common Stock Fund holds shares of the Company's common stock and cash. In the Plan's financial statements, this account is based on the price of WSFS Common Stock, which is published on a recognized exchange, and the cash and cash equivalents balance. The account held 259,519 and 288,335 shares of WSFS common stock and $856,739 and $1,247,698 of cash and cash equivalents at December 31, 2025 and 2024, respectively.

Transfers between level categorizations may occur due to changes in the availability of market observable inputs. Transfers in and out of level categorizations are reported as having occurred at the beginning of the year in which the transfer occurred. There were no movements between levels in 2025 and 2024. The Plan has no Level 3 investments.

WSFS FINANCIAL CORPORATION

SECTION 401(k) SAVINGS AND RETIREMENT PLAN

Notes to Financial Statements

December 31, 2025 and 2024

The following tables provide, by level within the fair value hierarchy, a summary of investments of the Plan measured at fair value on a recurring basis as of December 31 for the years indicated:


	2025
	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Total
Pooled Separate Accounts	$	—	$	181,326,421	$	181,326,421
Mutual Funds	91,464,710		—		91,464,710
WSFS Common Stock Fund:
WSFS Common Stock	14,335,830		—		14,335,830
Fidelity Government Portfolio	856,739		—		856,739
Total WSFS Common Stock Fund	15,192,569		—		15,192,569
Total investments at fair value	$	106,657,279	$	181,326,421	$	287,983,700


	2024
	Quoted Prices in Active Markets (Level 1)		Total

Mutual Funds	$	225,127,103	$	225,127,103
WSFS Common Stock Fund:
WSFS Common Stock	15,319,239		15,319,239
Fidelity Government Portfolio	1,247,698		1,247,698
Total WSFS Common Stock Fund	16,566,937		16,566,937
Total investments at fair value	$	241,694,040	$	241,694,040

WSFS FINANCIAL CORPORATION

SECTION 401(k) SAVINGS AND RETIREMENT PLAN

Notes to Financial Statements

December 31, 2025 and 2024

Note 5: Income Tax Status

The Plan is a non-standardized pre-approved profit sharing plan. The sponsor of the non-standardized pre-approved profit sharing plan document received an opinion letter from the IRS dated November 14, 2022, that the form of the plan is qualified under Section 401 of the IRC. Under IRS rules and regulations, plans using a pre-approved plan document cannot generally submit the plan to the IRS for a favorable determination letter. WSFS, therefore, is relying on the opinion letter as to the Plan's tax qualification, as provided for in Revenue Procedure 2005-16. Once qualified, the Plan is required to operate in conformity with the IRC to maintain its tax-exempt qualification. While the Plan has been amended since the date of the latest determination letter, the Plan Administrator believes the Plan is currently designed and being operated in compliance with the applicable requirements of the IRC and, therefore, believes that the Plan is qualified and the related trust is tax-exempt.

Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan Administrator has concluded that as of December 31, 2025 and 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by the IRS and the United States Department of Labor. The Plan Administrator believes that as of the date of this report it is no longer subject to income tax examinations for the years prior to 2022.

Note 6: Party-In-Interest and Related Party Transactions

Certain Plan investments are sponsored by Empower; therefore, transactions in those certain investments qualify as party-in-interest transactions. The WSFS Common Stock Fund holds shares of common stock of the Company, the parent of the Plan sponsor; therefore, transactions in the WSFS Common Stock Fund qualify as party-in-interest transactions.

Note 7: Risks and Uncertainties

The Plan invests in various investment securities. Investment securities are subject to various risks, such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect participants’ account balances and the amounts reported in the Statements of Net Assets Available for Benefits.

Note 8: Subsequent Events

The Plan has evaluated subsequent events and transactions for potential recognition or disclosure in the financial statements through June 30, 2026, the date the financial statements were issued. No other events have occurred that require adjustment to or disclosure in the financial statements of the Plan.

WSFS FINANCIAL CORPORATION

SECTION 401(k) SAVINGS AND RETIREMENT PLAN

Schedule H, Line 4i - Schedule of Assets (Held at End of Year)

December 31, 2025

Supplemental Schedule

(a)

(b) Identity of Issuer, borrower, lessor, or similar interest

Shares/Units

(d) Cost

(e) Current Value

Investment at contract value

SAGIC

Guaranteed Investment Contract

16,794,699

Investments at fair value

WSFS Common Stock Fund

WSFS Common Stock

Common Stock

259,519

14,335,830

Fidelity Government Portfolio

Money Market

856,739

Total WSFS Common Stock Fund

15,192,569

Pooled separate accounts

Capital Group 2010 Target Date Retirement SA

Pooled Separate Account

133,912

2,063,705

Capital Group 2015 Target Date Retirement SA

Pooled Separate Account

21,512

340,047

Capital Group 2020 Target Date Retirement SA

Pooled Separate Account

194,050

3,153,491

Capital Group 2025 Target Date Retirement SA

Pooled Separate Account

592,084

10,010,931

Capital Group 2030 Target Date Retirement SA

Pooled Separate Account

1,247,084

22,460,769

Capital Group 2035 Target Date Retirement SA

Pooled Separate Account

779,821

15,393,303

Capital Group 2040 Target Date Retirement SA

Pooled Separate Account

587,832

12,428,802

Capital Group 2045 Target Date Retirement SA

Pooled Separate Account

746,678

16,076,681

Capital Group 2050 Target Date Retirement SA

Pooled Separate Account

595,499

12,879,955

Capital Group 2055 Target Date Retirement SA

Pooled Separate Account

482,260

10,441,725

Capital Group 2060 Target Date Retirement SA

Pooled Separate Account

364,083

7,884,287

Capital Group 2065 Target Date Retirement SA

Pooled Separate Account

120,782

2,512,334

Capital Group 2070 Target Date Retirement SA

Pooled Separate Account

4,816

79,636

Empower S&P 500 Index Separate Account (IS)

Pooled Separate Account

3,038,797

46,935,020

JP Morgan Large Cap Growth Fund (IS)

Pooled Separate Account

305,045

18,665,735

Total pooled separate accounts

181,326,421

Mutual funds

American Funds Balanced Fund

Mutual Fund

694,273

26,042,193

American Funds New World Fund

Mutual Fund

6,358

592,337

Dodge & Cox International Stock Fund

Mutual Fund

455,544

7,498,256

Dreyfus Government Secs Cash Management Admin

Mutual Fund

202,137

Emerald Growth Fund

Mutual Fund

295,845

8,901,969

Franklin Small Cap Value Fund

Mutual Fund

88,886

5,358,076

Fidelity Advisor International Cap App

Mutual Fund

122,657

4,414,441

Fidelity Advisor Total Bond

Mutual Fund

461,439

4,457,497

JP Morgan Government Bond Fund

Mutual Fund

587,426

5,721,531

MassMutual High Yield Fund

Mutual Fund

231,384

1,888,094

Nuveen Large Cap Value Index

Mutual Fund

297,575

8,326,155

Vanguard Mid-Cap Growth Index Fund

Mutual Fund

87,088

10,465,379

Vanguard Mid-Cap Value Index Fund

Mutual Fund

82,707

7,596,645

Total mutual funds

91,464,710

Total investments from participants

304,778,399

Party-in-interest

Cost omitted for participant directed investments

See accompanying Report of Independent Registered Public Accounting Firm.