401(k) · DOL Form 5500 · 2022

Protective Life Corporation 401(k) Plan

Data updated 2026-08-11

$504M
Total assets
3,577
Participants
98th
Percentile by assets
$140,797
Avg per participant
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Official DOL plan name: Protective Life Corporation 401(k) Plan · Sponsored by Protective Life Corporation · Alabama · Finance & Insurance

$504M in assets, 3,577 participants

Protective Life Corporation's Protective Life Corporation 401(k) Plan reported $504M in total assets and 3,577 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #8,908 in Finance & Insurance (9,261 peers)

Coverage in Alabama

Protective Life Corporation 401(k) Plan covers 3,577 participants in Alabama, 9.9x the typical Alabama plan (state average ~360 per filing). Assets: $504M.

$504M
total plan assets (2022 EOY)
3,577
covered participants
98th
percentile by assets (of 139,126 plans)
$140,797
avg assets per participant

The plan reported a net loss of $99M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Alabama filers

In Alabama, the average filing covers about 360 participants across 1,591 plans. Protective Life Corporation 401(k) Plan reports 3,577 participants - 9.9x that state average ($504M EOY assets).

Alabama filing particulars

Total Assets (Beginning of Year)$603M
Net Assets (End of Year)$504M
Net Income-$99M
Employer EIN952492236
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Protective Life Corporation)

$0.7B$0.8B$0.9B$1B$1.1B 202220232024 $0.81B $1.03B ▲ +27.2%
Total plan assets by year, all Protective Life Corporation plans on file
Year Plans Participants Total Assets
2022 2 6,573 $811M
2023 2 6,925 $915M
2024 2 7,098 $1.0B

Nearby 401(k) Plans in Alabama

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

Protective Life Corporation 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Protective Life Corporation 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. 0100002000030000 00.511.522.53 Total assets ($B) Participants Protective Life Corp…Regions Financial Co…Encompass Health Cor…Hexagon Employee Ret…Vulcan 401(k) PlanMercedes-Benz U.S. I…
Protective Life Corporation 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Protective Life Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Protective Life Corporation 401(k) Plan assets move in 2022?
Protective Life Corporation 401(k) Plan declined sharply - down 16.4% during 2022, from $603M to $504M. Reported net income was -$99M.
How have Protective Life Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Protective Life Corporation's sponsor-wide assets grew 26.8%, from $811M to $1.0B.
Where does Protective Life Corporation 401(k) Plan rank by assets among Form 5500 filers?
Protective Life Corporation 401(k) Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Protective Life Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Breakthru Beverage Group 401(k) Plan in NY ($504M, 5,184 participants).

Next read for Protective Life Corporation 401(k) Plan

Filing takeaways

Ways to act on Protective Life Corporation 401(k) Plan's numbers.