Limit on Berkshire Hathaway Stock Fund: To support employees’ use of “best practices” in managing retirement savings investment risk, Lubrizol is adopting a limit on the amount of a participant’s plan account balance that may be invested in the Berkshire Hathaway Class B Stock Fund. Starting July 1, 2015, no more than 50% of a participant’s total account balance and future investment elections may be invested in the Berkshire Hathaway Class B Stock Fund. Existing balances will be grandfathered. Note that the new limit will apply to investment elections or transfers that you make after close of market (4:00 p.m. Eastern time) on Tuesday, June 30, 2015, because those elections or transfers will not take effect until the next available business day. Read the recent Plan News/FAQ to learn more about this upcoming change.
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