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

SEC announcement ·  Jun 19 05:09
Summary by Futu AI
Berkshire Hathaway-A, through its subsidiary Johns Manville, has filed its annual Form 11-K report with the SEC for the fiscal year ended December 31, 2023. The report includes audited financial statements of the Johns Manville Employees 401(k) Plan, which show a net increase in assets available for benefits from $788,090,140 in 2022 to $927,403,771 in 2023. The audit, conducted by Deloitte & Touche LLP and reported on June 18, 2024, states that the financial statements present fairly the net assets and changes in net assets of the Plan. The Plan's investments include participant-directed investments, mutual funds, and collective trust funds, with the Berkshire Fund holding shares of Berkshire Hathaway Class B common stock. The Plan also allows for loans to participants and includes provisions for employer contributions based on company performance. The IRS has determined that the Plan maintains its tax-exempt status, despite certain administrative issues that were corrected in accordance with EPCRS guidelines.
Berkshire Hathaway-A, through its subsidiary Johns Manville, has filed its annual Form 11-K report with the SEC for the fiscal year ended December 31, 2023. The report includes audited financial statements of the Johns Manville Employees 401(k) Plan, which show a net increase in assets available for benefits from $788,090,140 in 2022 to $927,403,771 in 2023. The audit, conducted by Deloitte & Touche LLP and reported on June 18, 2024, states that the financial statements present fairly the net assets and changes in net assets of the Plan. The Plan's investments include participant-directed investments, mutual funds, and collective trust funds, with the Berkshire Fund holding shares of Berkshire Hathaway Class B common stock. The Plan also allows for loans to participants and includes provisions for employer contributions based on company performance. The IRS has determined that the Plan maintains its tax-exempt status, despite certain administrative issues that were corrected in accordance with EPCRS guidelines.
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