Company: BRK-A
Filing Date: 2025-06-25
Form Type: 11-K
Source: 0001193125-25-146903
Chunk: 4

Company: BERKSHIRE HATHAWAY INC
Filing Date: 2025-06-25
Form: 11-K
Chunk 4
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 not being entitled to additional allocations under the prior plan.

| [2] | Investments: |

Participants have the option to direct the investment of participant and employer contributions into various investment options offered by the Plan.

| [3] | Participant accounts: |

Each participant’s account is adjusted for the participant’s contribution and allocations of (a) the Company’s contributions and (b) Plan earnings and losses, and charged with an allocation of certain administrative expenses. Allocations are based on participant earnings or account balances, as defined. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s vested account.

| [4] | Contributions and eligibility: |

All employees can voluntarily contribute up to 50 percent of annual compensation, as defined in the Plan document, up to the Internal Revenue Code (“IRC”) maximum allowance. The IRC maximum allowance was $23,000 and $22,500 in 2024 and 2023, respectively. Participants age 50 and older may contribute an additional $7,500 as a catch-upcontribution in 2024 and 2023, resulting in a total pre-taxcontribution limit of $30,500 and $30,000 for 2024 and 2023, respectively. The Plan includes an auto enrollment feature whereby all newly eligible employees shall be automatically enrolled at a deferral rate of 6% within 45 days of their date of hire if they have not voluntarily enrolled prior to that date or affirmatively elected not to participate in the Plan. The Plan also has an escalation provision feature that will increase each year by 1% up to 50% of compensation, unless the participant affirmatively elects not to participate. 4

BENJAMIN MOORE & CO. DEFERRED SAVINGS AND INVESTMENT PLAN Notes to Financial Statements December 31, 2024 and 2023 N OTEA - D ESCRIPTION OFP LAN(C ONTINUED) Effective January 1, 2024, all employees can elect to voluntarily make after-taxcontributions in an amount up to 50% of the employee’s compensation. The Company will not make any matching contributions on after-taxcontributions, and are subjected to IRC maximum allowance amounts, mentioned above. Effective January 1, 2024, employees are permitted to convert pre-taxfunds within the Plan to a Roth 401(k) through an In-PlanRoth conversion. Effective January 1, 2024, contributions were matched for 100