2023 Form 5500 filing — Brown & Brown, Inc Employee Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240709162528NAL0008938883001) for Brown & Brown, Inc Employee Savings Plan, reported by Brown & Brown, Inc. under EIN 59-0864469 and plan number 002. It reports 14,827 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240709162528NAL0008938883001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Brown & Brown, Inc.
- EIN
- 59-0864469
- Plan number
- 002
- Location
- Daytona Beach, FL
- Participants
- 14,827
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,494,481,890
- Net assets (EOY)
- $1,494,481,890
- Employer contributions
- $40,954,856
- Participant contributions
- $83,812,356
- Total income / additions
- $374,691,518
- Benefits paid
- $100,511,943
- Administrative expenses
- $912,413
- Total expenses
- $101,472,075
- Net increase / (decrease)
- $273,219,443
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Schwab Retirement Plan Services Inc | NONE | $599,680 | not reported in the loaded dataset |
| Newport Retirement Services Inc | NONE | $57,020 | not reported in the loaded dataset |
| Truist Bank | NONE | $55,280 | not reported in the loaded dataset |
| Hancock Askew & Co Llp | NONE | $36,300 | not reported in the loaded dataset |
| Walrus Partners LLC | NONE | $21,744 | not reported in the loaded dataset |
| Ferguson Wellman Capital Manag | NONE | $18,952 | not reported in the loaded dataset |
| Envestnet Asset Management Inc | NONE | $17,010 | not reported in the loaded dataset |
| Suncoast Equity Management LLC | NONE | $12,471 | not reported in the loaded dataset |
| Chaney Capital Management Inc | NONE | $12,137 | not reported in the loaded dataset |
| Mariner LLC | NONE | $10,838 | not reported in the loaded dataset |
| Steelpeak Wealth LLC | NONE | $10,419 | not reported in the loaded dataset |
| Singer Wealth Advisors LLC | NONE | $7,326 | not reported in the loaded dataset |
| Occidental Asset Mgmt LLC | NONE | $6,521 | not reported in the loaded dataset |
| Lmcg Investments LLC | NONE | $6,337 | not reported in the loaded dataset |
| Signature Investment Advisors | NONE | $5,712 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | NONE | $5,459 | $0 |
| Windsor Wealth Management Inc | NONE | $5,247 | not reported in the loaded dataset |