| Summary of Plan"s Investments at Fair and Plan's Assets and Fair Value of Investments Measured at Net Assets Value Per Share as Practical Expedient |
A summary of the Plan’s investments measured at fair value on a recurring basis at December 31, 2025 and 2024, set forth by level within the fair value hierarchy (if applicable), is as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments, at Fair Value as of December 31, 2025 |
|
|
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
|
Mutual Funds |
|
$ |
235,648,053 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
235,648,053 |
|
Berkshire Hathaway Stock Fund (see Note F) |
|
|
— |
|
|
|
42,798,738 |
|
|
|
— |
|
|
|
42,798,738 |
|
Investments measured within fair value hierarchy |
|
|
235,648,053 |
|
|
|
42,798,738 |
|
|
|
— |
|
|
|
278,446,791 |
|
Common Collective Trust Funds (A) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
151,919,886 |
|
Investments at fair value |
|
$ |
235,648,053 |
|
|
$ |
42,798,738 |
|
|
$ |
— |
|
|
$ |
430,366,677 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments, at Fair Value as of December 31, 2024 |
|
|
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
|
Mutual Funds |
|
$ |
218,290,469 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
218,290,469 |
|
Berkshire Hathaway Stock Fund (see Note F) |
|
|
— |
|
|
|
43,040,571 |
|
|
|
— |
|
|
|
43,040,571 |
|
Investments measured within fair value hierarchy |
|
|
218,290,469 |
|
|
|
43,040,571 |
|
|
|
— |
|
|
|
261,331,040 |
|
Common Collective Trust Funds (A) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
134,892,830 |
|
Investments at fair value |
|
$ |
218,290,469 |
|
|
$ |
43,040,571 |
|
|
$ |
— |
|
|
$ |
396,223,870 |
|
(A)Certain investments that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value of investments in the fair value hierarchy to the amounts presented in the statement of net assets available for benefits. The following table summarizes investments for which fair value is measured using the net asset value per share practical expedient as of December 31, 2025 and 2024, respectively.
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2025 |
|
|
Fair Value |
|
|
Unfunded
Commitments |
|
Redemption
Frequency (if
currently eligible) |
|
Plan Level
Redemption
Notice Period |
Schwab Indexed Retirement Funds |
|
$ |
131,855,432 |
|
|
n/a |
|
Daily |
|
30 days |
Morley Stable Value Fund |
|
|
20,064,454 |
|
|
n/a |
|
Daily |
|
12 months |
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2024 |
|
|
Fair Value |
|
|
Unfunded
Commitments |
|
Redemption
Frequency (if
currently eligible) |
|
Plan Level
Redemption
Notice Period |
Schwab Indexed Retirement Funds |
|
$ |
111,634,402 |
|
|
n/a |
|
Daily |
|
30 days |
Morley Stable Value Fund |
|
|
23,258,428 |
|
|
n/a |
|
Daily |
|
12 months |
|