Brown & Brown, Inc. 401(k) Plan: Login, Facts & Contact Information

Brown & Brown, Inc. 401(k) Plan Facts

Plan name
BROWN & BROWN, INC EMPLOYEE SAVINGS PLAN
Plan type
401(k) with employer contributions with a company-stock (ESOP) component
Plan sponsor
BROWN & BROWN, INC.
Participants
15,675 (12,393 active employees)
Former employees with a balance
3,322
Plan assets
$1,754,611,565 at Dec 31, 2024
Average account balance
$136,641 across 12,841 accounts
Employer contributions
$43,521,837 in plan year 2024 (26% of all contributions)
Recordkeeper
Schwab Retirement Plan Services Inc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1985
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window— Profit sharing✓ Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 8, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $167.9 million went into the plan in contributions, $43.5 million of it from the employer (26%).
  • $148.2 million was paid out to participants.
  • Investment and other income added $241.5 million.
  • Administrative expenses were $1.01 million, about $79 per account.

How the Brown & Brown, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201911,516$834.4 million$27.5 million$61.6 million
202012,212$1.19 billion$31.0 million$79.7 million
202113,042$1.42 billion$33.5 million$85.3 million
202213,980$1.22 billion$37.6 million$96.8 million
202314,827$1.49 billion$41.0 million$100.5 million
202415,675$1.75 billion$43.5 million$148.2 million

Brown & Brown, Inc. 401(k) Contact Information

Phone
386-252-9601
Mailing address
300 NORTH BEACH STREET, DAYTONA BEACH FL 32114
Plan sponsor
BROWN & BROWN, INC.
Employer identification number (EIN)
59-0864469
Plan number
002

Questions about the Brown & Brown, Inc. 401(k)

Does Brown & Brown, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $43.5 million, 26% of all contributions.

Does the Brown & Brown, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Brown & Brown, Inc 401(k) plan?

15,675 participants at the start of plan year 2024, 12,393 of them active employees, and 3,322 former employees who still had money in the plan.

What is the average 401(k) balance at Brown & Brown, Inc?

About $136,641 per account: $1.75 billion in plan assets across 12,841 accounts with a balance at the end of plan year 2024.

Who manages the Brown & Brown, Inc 401(k) accounts?

Schwab Retirement Plan Services (listed on the filing as SCHWAB RETIREMENT PLAN SERVICES INC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Brown & Brown, Inc. How do I access my 401(k)?

Your account stays with Schwab Retirement Plan Services after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

Related Companies
Headquarter: 140 BROADWAY, NEW YORK, NY, 100051101
Headquarter: 8711 JOHNNY MORRIS ROAD, AUSTIN, TX, 787242006
Headquarter: 4747 N. CHANNEL AVENUE, PORTLAND, OR, 972177613
Headquarter: EMPLOYEE SERVICES 6400 C ST SW, CEDAR RAPIDS, IA, 52499
Headquarter: 7950 LEGACY DRIVE 11TH FLOOR, PLANO, TX, 75024