401(k) · DOL Form 5500 · 2024

Brown & Brown, Inc. 401(k) Plan

Data updated 2026-08-25

$1.8B
Total assets Very large vs avg
12,055
Participants Very large workforce
99th
Percentile by assets National rank
$145,551
Avg per participant Above 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

$1.8B in assets, 12,055 participants

Brown & Brown, Inc.'s Brown & Brown, Inc Employee Savings Plan reported $1.8B in total assets and 12,055 participants in its 2024 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.

  • #8,396 in Finance & Insurance (8,549 peers)

Coverage in Florida

Brown & Brown, Inc Employee Savings Plan covers 12,055 participants in Florida, 19x the typical Florida plan (state average ~628 per filing). Assets: $1.8B.

#8,396
in Finance & Insurance (8,549 peers)
+17.4%
assets growth YoY
18×
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 2024 · DOL Form 5500

$1,754,611,565 Top 1% higher than 99% of 123,620 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 2024

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

Plan-year 2024 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 (12,055 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Brown & Brown, Inc Employee Savings Plan end-of-year assets rose from $1.5B in the plan year 2023 filing to $1.8B in the plan year 2024 filing.
  • Brown & Brown, Inc Employee Savings Plan reported net income fell from $273M in the plan year 2023 filing to $260M in the plan year 2024 filing.
  • Brown & Brown, Inc Employee Savings Plan reported participants rose from 11,978 in the plan year 2023 filing to 12,055 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 590864469 · Brown & Brown, Inc. PY 2024 · 401(k)

Brown & Brown, Inc Employee Savings Plan · $1.8B · 12,055 · 99th

  • RANK $1.8B
  • PHOTO 12,055
  • IND 99th
  • EOY 401(k)
  • 5500 near The Sci 401(k) Retirement Savings Plan
  • ASSETS ind #8396

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 …$1.8BThe Sci 401(k) Retirement Savings PlanThe Sci 401(k) Retirement Sa…$1.8BSavings Plan for Employees at OrnlSavings Plan for Employees a…$1.8BE. & J. Gallo Winery Retirement PlanE. & J. Gallo Winery Retirem…$1.8BXylem Retirement Savings Plan$1.8B
End-of-year total assets ($B) among Brown & Brown, Inc Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.8B
Net Income$260M
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): 1.754611565 · Participants: 12055Brown & Brown, Inc Employee Savings PlanL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings 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 $1.8B in end-of-year assets across 12,055 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $145,551 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2024 was $260M.

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 Open filing
2024 · index core 12,055 $1.8B This page

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 The Sci 401(k) Retirement Savings Plan in TX ($1.8B); by covered participants it is Group 1 Automotive, Inc 401(k) Savings Plan in TX (12,062 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.8B here).

Similar participant headcount

Nearest other-state filings by covered participants (12,055 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Brown & Brown, Inc Employee Savings Plan grew sharply - up 17.4% during 2024, from $1.5B to $1.8B. Reported net income was $260M.
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 123,622 plans that reported assets for plan year 2024 (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 The Sci 401(k) Retirement Savings Plan in TX ($1.8B, 22,263 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 Group 1 Automotive, Inc 401(k) Savings Plan in TX (12,062 participants, $540M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.