401(k) · DOL Form 5500 · 2023

Brown & Brown, Inc. 401(k) Plan

Data updated 2026-08-25

$1.5B
Total assets Very large vs avg
11,978
Participants Very large workforce
99th
Percentile by assets National rank
$124,769
Avg per participant Near avg balance/head
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Official DOL plan name: Brown & Brown, Inc Employee Savings Plan · Sponsored by Brown & Brown, Inc. · Florida · Finance & Insurance

$1.5B in assets, 11,978 participants

Brown & Brown, Inc.'s Brown & Brown, Inc Employee Savings Plan reported $1.5B in total assets and 11,978 participants in its 2023 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,710 in Finance & Insurance (8,869 peers)

Coverage in Florida

Brown & Brown, Inc Employee Savings Plan covers 11,978 participants in Florida, 19x the typical Florida plan (state average ~628 per filing). Assets: $1.5B.

#8,710
in Finance & Insurance (8,869 peers)
+22.4%
assets growth YoY
15×
vs typical plan assets (national mean)

Brown & Brown, Inc Employee Savings Plan's outsized position by total assets

Brown & Brown, Inc Employee Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,494,481,890 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Brown & Brown, Inc Employee Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Brown & Brown, Inc Employee Savings Plan is a mega filing (11,978 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Brown & Brown, Inc Employee Savings Plan reported net income rose from -$195M in the plan year 2022 filing to $273M in the plan year 2023 filing.
  • Brown & Brown, Inc Employee Savings Plan end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.
  • Brown & Brown, Inc Employee Savings Plan reported participants rose from 11,437 in the plan year 2022 filing to 11,978 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 590864469 · Brown & Brown, Inc. PY 2023 · 401(k)

Brown & Brown, Inc Employee Savings Plan · $1.5B · 11,978 · 99th

  • BOY $1.5B
  • BOY 11,978
  • BOY 99th
  • BOY 401(k)
  • BOY near Covington & Burling Retirement Savings Plan
  • BOY ind #8710

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Florida →

Brown & Brown, Inc Employee Savings Plan in the asset neighbourhood

Brown & Brown, Inc Employee Savings PlanBrown & Brown, Inc Employee …$1.5BCovington & Burling Retirement Savings PlanCovington & Burling Retireme…$1.5BEncompass Health Corporation 401(k) Retirement PlanEncompass Health Corporation…$1.5BExperian Personal Investment PlanExperian Personal Investment…$1.5BAsml US Employees' Savings and Retirement PlanAsml US Employees' Savings a…$1.5B
End-of-year total assets ($B) among Brown & Brown, Inc Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.5B
Net Income$273M
Employer EIN590864469
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Brown & Brown, Inc.)

Sponsor-wide plan assets over time

All Brown & Brown, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.8B 43.67194940859424% vs 2022
2024 filing year
$1B$1.2B$1.4B$1.6B$1.8B$2B 202220232024 $1.22B $1.75B ▲ +43.4%
Year Plans Participants Total Assets
2022 1 11,437 $1.2B
2023 1 11,978 $1.5B
2024 1 12,055 $1.8B

Nearby 401(k) Plans in Florida

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Brown & Brown, Inc Employee Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 05101520 Total assets ($B) Participants Brown & Brown, Inc Employee Savings Plan, Total assets ($B): 1.49448189 · Participants: 11978Brown & Brown, Inc Employee Savings PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Brown & Brown, Inc Employee Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Brown & Brown, Inc Employee Savings Plan side-by-side with 3 peers →

Scale composition for Brown & Brown, Inc Employee Savings Plan

Brown & Brown, Inc Employee Savings Plan reports $1.5B in end-of-year assets across 11,978 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $124,769 per participant (90% of the national average assets-per-participant) . Net income for plan year 2023 was $273M.

This plan identity (EIN 590864469, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.2B to $1.8B (+43.7%) while covered participants moved from 11,437 to 12,055 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,437 $1.2B Open filing
2023 11,978 $1.5B This page
2024 · index core 12,055 $1.8B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Brown & Brown, Inc Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Covington & Burling Retirement Savings Plan in DC ($1.5B); by covered participants it is Barnes & Noble 401(k) Plan in NY (11,963 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (11,978 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Brown & Brown, Inc Employee Savings Plan assets move in 2023? ▼
Brown & Brown, Inc Employee Savings Plan grew sharply - up 22.4% during 2023, from $1.2B to $1.5B. Reported net income was $273M.
How have Brown & Brown, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Brown & Brown, Inc.'s sponsor-wide assets grew 43.7%, from $1.2B to $1.8B.
Where does Brown & Brown, Inc Employee Savings Plan rank by assets among Form 5500 filers? ▼
Brown & Brown, Inc Employee Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Brown & Brown, Inc Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Covington & Burling Retirement Savings Plan in DC ($1.5B, 2,056 participants).
Which 401(k) plans cover a similar participant headcount to Brown & Brown, Inc Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Barnes & Noble 401(k) Plan in NY (11,963 participants, $688M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 590864469.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.