# Brown & Brown, INC. 401(k) Plan
Source: https://planprovider.pro/companies/brown-brown-inc-401k-plan

> Brown & Brown, INC.'s 401(k) plan: 12,393 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Brown & Brown, INC.

- **Sponsor EIN:** 590864469

- **Sponsor Address:** 300 NORTH BEACH STREET, DAYTONA BEACH, FL, 32114

- **Plan Type:** 401(k)

- **Total Participants:** 12,393

- **Total Assets:** $1.8B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|12,393|$1.8B|$43.5M|$88.3M|

| 2023|11,864|$1.5B|$41.0M|$83.8M|

| 2022|11,793|$1.2B|$37.6M|$76.1M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| SCHWAB RETIREMENT PLAN SERVICES INC|NONE|$666,522|—|$666,522|

| NEWPORT RETIREMENT SERVICES INC|NONE|$87,469|—|$87,469|

| HANCOCK ASKEW & CO LLP|NONE|$38,500|—|$38,500|

| ENVESTNET ASSET MANAGEMENT INC|NONE|$20,869|—|$20,869|

| BAKER TILLY US, LLP|Auditor|$19,250|—|$19,250|

| MARINER LLC|NONE|$16,814|—|$16,814|

| SUNCOAST EQUITY MANAGEMENT LLC|NONE|$16,582|—|$16,582|

| PREVAIL INNOVATIVE WEALTH ADVI|NONE|$16,212|—|$16,212|

| CHANEY CAPITAL MANAGEMENT INC|NONE|$14,103|—|$14,103|

| STEELPEAK WEALTH LLC|NONE|$12,678|—|$12,678|

| WALRUS PARTNERS LLC|NONE|$12,325|—|$12,325|

| SIGNATURE INVESTMENT ADVISORS|NONE|$9,691|—|$9,691|

| CHARLES SCHWAB & CO., INC.|NONE|$9,050|—|$9,050|

| SINGER WEALTH ADVISORS LLC|NONE|$8,661|—|$8,661|

| CORIENT PRIVATE WEALTH LLC|NONE|$8,437|—|$8,437|

| FERGUSON WELLMAN CAPITAL MANAG|NONE|$8,353|—|$8,353|

| OCCIDENTAL ASSET MGMT LLC|NONE|$7,941|—|$7,941|

| SANCTUARY ADVISORS, LLC|NONE|$7,793|—|$7,793|

| ABOUND WEALTH MANAGEMENT LLC|NONE|$6,426|—|$6,426|

| NEWEDGE ADVISORS LLC|NONE|$5,324|—|$5,324|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [SCHWAB RETIREMENT PLAN SERVICES INC](https://planprovider.pro/provider/charles-schwab-and-co-inc) — NONE

- [BAKER TILLY US, LLP](https://planprovider.pro/provider/baker-tilly-us-llp) — Auditor

- [PREVAIL INNOVATIVE WEALTH ADVI](https://planprovider.pro/provider/prevail-innovative-wealth-advisors-llc) — NONE

- [STEELPEAK WEALTH LLC](https://planprovider.pro/provider/newedge-advisors) — NONE

- [CHARLES SCHWAB & CO., INC.](https://planprovider.pro/provider/charles-schwab-and-co-inc) — NONE

- [SINGER WEALTH ADVISORS LLC](https://planprovider.pro/provider/singer-wealth-advisors-llc) — NONE

- [CORIENT PRIVATE WEALTH LLC](https://planprovider.pro/provider/creative-planning) — NONE

- [ABOUND WEALTH MANAGEMENT LLC](https://planprovider.pro/provider/abound-wealth-management-llc) — NONE

- [NEWEDGE ADVISORS LLC](https://planprovider.pro/provider/newedge-advisors) — NONE

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $993,000

- **Estimated Expense Ratio:** 0.057% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$1,009,653|$303,376|$19,250|$19,250|—|

| 2023|$912,413|$276,158|$36,300|—|—|

| 2022|$844,847|$218,054|—|—|$42,225|

## Similar Plans

- [Assuredpartners, INC.](https://planprovider.pro/companies/assuredpartners-inc-401k-plan) — 9,755 participants

- [The Baldwin Group Colleague, INC.](https://planprovider.pro/companies/brp-colleague-inc-401k-plan) — 4,121 participants

- [Foundation Risk Partners Corp](https://planprovider.pro/companies/foundation-risk-partners-corp-401k-plan) — 2,455 participants

- [Insurance Office Of America, INC.](https://planprovider.pro/companies/insurance-office-of-america-inc-401k-plan) — 1,227 participants

- [Insurance Office Of America, INC.](https://planprovider.pro/companies/insurance-office-of-america-inc-plan) — 1,190 participants

- [Health Insurance Associates LLC](https://planprovider.pro/companies/health-insurance-associates-401k-plan) — 989 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/brown-brown-inc-401k-plan)

© 2026 PlanProvider.Pro