Company: BRK-A
Filing Date: 2025-06-25
Form Type: 11-K
Source: 0001193125-25-146903
Chunk: 5

Company: BERKSHIRE HATHAWAY INC
Filing Date: 2025-06-25
Form: 11-K
Chunk 5
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 percent of the participant-directed contribution, up to six percent of eligible earnings. Through December 31, 2023, contributions were matched for 100 percent of the participant-directed contribution, up to five percent of eligible earnings. Matching contributions are funded each pay period. There is an annual three percent special discretionary contribution to be contributed by the Plan Sponsor for wage and hourly employees employed on the last day of the Plan year and on the retirement date for Retirees who retire within the Plan year. The special discretionary contributions are included in Employer contributions receivable and were $1,144,990 and $1,125,735 as of December 31, 2024 and 2023, respectively. As stated above, the maximum limit on the amount of pre-taxsalary deferrals a participant can contribute each year is defined within the IRC. If a participant reaches this limit early in the year, the participant will continue to receive the Company matching contributions; however, it is possible that the participant will not receive the maximum Company match for the year or receive an amount over the maximum Company match. To address these issues, the Company makes an additional “true-up”contribution to all participant accounts that did not receive the full match amount or a match correction to all participants who received an amount over the allowable maximum match. “True-up”contributions are included in Employer contributions receivable and were $341,587 and $393,405 as of December 31, 2024 and 2023, respectively.

| [5] | Payment of benefits: |

After participants reach age 59-1/2,they may withdraw all or a portion of their participant-directed account balance at any time and for any reason. Prior to age 59-1/2, in-servicewithdrawals from the Plan are only allowed for unusual financial hardships and must be approved by the Company. While employed, a participant who has been approved by the Plan management for unusual financial hardships, may withdraw all or part of the employee and vested employer contributions, subject to certain restrictions imposed pursuant to the Plan and excise taxes imposed by IRS guidelines. A participant, who is performing service in the military (while on active duty for a period of more than thirty days) may elect an in-servicewithdrawal of participant deferral amounts provided that the participant does not make elective deferrals to the Plan during the six-monthperiod beginning on the date of such distribution. Termination withdrawals are a result of disability, termination of employment, retirement or death.