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11-K: Annual report of employee stock purchase, savings and similar plans (and amendment thereto)

SEC announcement ·  Jun 15 04:47
Summary by Futu AI
Berkshire Hathaway-B has filed its Form 11-K annual report with the SEC for the fiscal year ended December 31, 2023. The report covers the Burlington Northern Santa Fe Investment and Retirement Plan, which is subject to the Employee Retirement Income Security Act of 1974 (ERISA). The independent accounting firm Whitley Penn LLP audited the financial statements and confirmed that they fairly present, in all material respects, the net assets available for benefits as of December 31, 2023, and 2022, and the changes in net assets available for benefits for the year ended December 31, 2023. The Plan's net assets available for benefits increased from $1,979,309,000 at the end of 2022 to $2,283,721,000 at the end of 2023. The Plan offers various investment options, including a company stock fund consisting of...Show More
Berkshire Hathaway-B has filed its Form 11-K annual report with the SEC for the fiscal year ended December 31, 2023. The report covers the Burlington Northern Santa Fe Investment and Retirement Plan, which is subject to the Employee Retirement Income Security Act of 1974 (ERISA). The independent accounting firm Whitley Penn LLP audited the financial statements and confirmed that they fairly present, in all material respects, the net assets available for benefits as of December 31, 2023, and 2022, and the changes in net assets available for benefits for the year ended December 31, 2023. The Plan's net assets available for benefits increased from $1,979,309,000 at the end of 2022 to $2,283,721,000 at the end of 2023. The Plan offers various investment options, including a company stock fund consisting of Berkshire Hathaway Inc. Class B common stock. The Plan is administered by BNSF's Senior Vice President and Chief Human Resources Officer and is designed to offer eligible employees of BNSF and certain affiliated companies the opportunity to invest a portion of their income. The Plan includes provisions for employer matching contributions and allows participants to direct the investment of their account balances. The report was signed by Judy K. Carter, Senior Vice President and Chief Human Resources Officer, on June 14, 2024.

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