Related Parties and Parties-In-Interest |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| EBP 014 | |
| EBP, Related Party and Party-in-Interest Transactions [Line Items] | |
| Related Parties and Parties-In-Interest | 8. RELATED PARTIES AND PARTIES-IN-INTEREST The Plan holds investments in the common stock of Berkshire, which qualifies as a party-in-interest transaction. At December 31, 2025 and 2024 the Plan held 46,678 shares and 51,367 shares, respectively. The net realized/unrealized depreciation in fair value of Berkshire common stock held by the Plan was $94,682 for the year ended December 31, 2025.
The Plan holds investments in the Merrill Lynch Bank Deposit Program, a cash account managed by Bank of America, N.A., which acted as trustee for only those investments as defined by the Plan, which qualifies as a party-in-interest transaction. The cash value as of December 31, 2025 totaled $764,593. No reportable cash was held as of December 31, 2024.
As of December 31, 2025 and 2024, the outstanding notes receivable from participants were $1,412,026 and $1,794,909, respectively. Participants are a party-in-interest to the Plan and these loans were exempt party-in-interest transactions pursuant to Section 408(b)(1) of ERISA. |