Company: BRK-A
Filing Date: 2025-06-18
Form Type: 11-K
Source: 0001193125-25-142665
Chunk: 17

Company: BERKSHIRE HATHAWAY INC
Filing Date: 2025-06-18
Form: 11-K
Chunk 17
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 of Net Assets Available for Benefits. 11

| 7. | PARTY-IN-INTEREST 
 TRANSACTIONS      |

The Plan invests in Class B shares of Berkshire Hathaway within the Berkshire Hathaway Class B stock fund. A total of 7,464 and 6,519 Class B shares for 2024 and 2023, respectively, of Berkshire Hathaway at a cost of $3,031,680 and $1,963,254 respectively, were purchased within the fund. All purchased shares were acquired at the then current market value on the open market. In addition, during the years ended December 31, 2024 and 2023, the fund sold or distributed to participants 20,976 and 23,070 Class B shares, respectively, of Berkshire Hathaway and received proceeds of $8,870,165 and $7,459,094, respectively. The realized gains on these sales were $5,589,735 and $3,530,446 for 2024 and 2023, respectively. Fees charged to individual participant accounts for loan initiations, QDROs and brokerage account maintenance and paid to the Trustee, during the years ended December 31, 2024 and December 31, 2023 were $47,972 and $37,133, respectively. Fees charged to individual participant accounts for investment advice service and paid to Advised Assets Group, LLC during the years ended December 31, 2024 and December 31, 2023 were $677,784 and $566,867, respectively.

| 8. | TAX EXEMPT STATUS |

The Plan obtained its latest determination letter dated August 24, 2017, in which the Internal Revenue Service stated that the Plan, as then designed, was in compliance with the applicable requirements of Section 401 of the Internal Revenue Code. The Plan has been amended since receiving this determination letter. However, the Company believes that the Plan currently is designed and is being operated in compliance with the applicable requirements of the Internal Revenue Code. Therefore, no provision for income taxes has been included in the Plan’s financial statements. The Plan administrator has analyzed the tax positions taken by the Plan and has concluded that, as of December 31, 2024, there are no uncertain positions taken or expected to be taken that would require such recognition or disclosure in the financial statements.

| 9. | PLAN TERMINATION |

The Plan was adopted with the expectation that it will continue indefinitely. The Company