Company: BRK-A
Filing Date: 2025-06-20
Form Type: 11-K
Source: 0001193125-25-143559
Chunk: 4

Company: BERKSHIRE HATHAWAY INC
Filing Date: 2025-06-20
Form: 11-K
Chunk 4
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, 2024. Forfeiture balances of $200,000 will be applied against the 4th quarter amount due of $529,280 in 2025. Any employee of the Company may roll over distributions made from a previous employer’s qualified retirement plan into the Plan.

| c. | Participant accounts. Each participant’s account is credited with the employee’s contributions                                                                                                                                                
 and an allocation of the Company’s contributions and investment earnings. Allocations are based on participants’ 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.                                                                                                                                                                                                        |

| d. | Vesting. Participants have a fully vested, nonforfeitable right to employee contributions. Company                                                                                                                                                                                                                                                                                                                
 matching contributions are allocated to all participants and become fully vested after participants have completed three years of vested service. A participant’s account balance shall be 100% vested upon normal retirement age (65), disability                                                                                                                                                                
 or death. Effective January 1, 2020, Company matching contributions are fully vested for any participant whose separation from service is the result of a reduction in force. One year of vested service is credited for each calendar year in which                                                                                                                                                              
 a participant has at least 1,000 hours of service. Forfeitures of the Company match may be used to pay Plan expenses or fund other matching contributions; however, the forfeiture amount is credited back to participants upon re-employment with the Company. Forfeiture balances as of December 31, 2024 were approximately $236,000. Forfeiture balances as of December 31, 2023 were approximately $137,000. |

4

ACME BRICK COMPANY 401(k) RETIREMENT & SAVINGS PLAN Notes to Financial Statements - Continued

| e. | Payment of benefits. Withdrawals of vested contributions from the Plan by participants can be made at                                                                                                                             
 normal retirement (age 65), when a participant dies, becomes disabled or a break in service occurs. There is no plan provision for early retirement. Distributions upon withdrawal are made in accordance with the Plan document. |

| f. | Notes receivable from participants. Participants are allowed to apply for and receive loans from their                                                                                                                                              
 vested account balance, subject to certain requirements, including the provision that they may not have more than one outstanding loan at a time. The minimum loan amount is $1,000 and the maximum is 50% of the participant’s vested balance, but 
 never more than $