Defined Benefit (Pension) · DOL Form 5500 · 2022

Protective Life Corporation Pension Plan

Data updated 2026-08-25

$307M
Total assets Above avg plan size
2,996
Participants Above avg headcount
97th
Percentile by assets National rank
$102,517
Avg per participant Below avg balance/head
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Official DOL plan name: Protective Life Corporation Pension Plan · Sponsored by Protective Life Corporation · Alabama · Finance & Insurance

$307M in assets, 2,996 participants

Protective Life Corporation's Protective Life Corporation Pension Plan reported $307M in total assets and 2,996 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,747 in Finance & Insurance (9,261 peers)

Coverage in Alabama

Protective Life Corporation Pension Plan covers 2,996 participants in Alabama, 8.3x the typical Alabama plan (state average ~360 per filing). Assets: $307M.

#8,747
in Finance & Insurance (9,261 peers)
-13.6%
assets change YoY
3.1×
vs typical plan assets (national mean)

The plan reported a net loss of $48M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Protective Life Corporation Pension Plan's outsized position by total assets

Protective Life Corporation Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$307,140,680 Top 3% higher than 97% of 139,123 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 2022

Protective Life Corporation Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Protective Life Corporation Pension Plan lands in the large band (2,996 participants).

Form 5500 schedule snapshot

Filing strip 952492236 · Protective Life Corporation PY 2022 · Defined Benefit (Pension)

Protective Life Corporation Pension Plan · $307M · 2,996 · 97th

  • SCH $307M
  • SCH 2,996
  • SCH 97th
  • SCH Defined Benefit (Pension)
  • SCH near Airconditioning and Refrigeration Industry Retirement Trust Fund
  • SCH ind #8747

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 Alabama →

Protective Life Corporation Pension Plan in the asset neighbourhood

The Albany Medical Center Retirement PlanThe Albany Medical Center Re…$308MHubbell Incorporated Retirement Plan for Salaried and Hourly EmployeesHubbell Incorporated Retirem…$307MNortheast Georgia Health System, Inc. and Affiliated Companies Pension PlanNortheast Georgia Health Sys…$307MProtective Life Corporation Pension PlanProtective Life Corporation …$307MAirconditioning and Refrigeration Industry Retirement Trust FundAirconditioning and Refriger…$307M
End-of-year total assets ($M) among Protective Life Corporation Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Alabama filing particulars

Total Assets (Beginning of Year)$355M
Net Assets (End of Year)$307M
Net Income-$48M
Employer EIN952492236
Plan Effective Date1946-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Protective Life Corporation)

Sponsor-wide plan assets over time

All Protective Life Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$1.0B 26.770785358893146% vs 2022
2024 filing year
$0.7B$0.8B$0.9B$1B$1.1B 202220232024 $0.81B $1.03B ▲ +27.2%
Year Plans Participants Total Assets
2022 2 6,573 $811M
2023 2 6,925 $915M
2024 2 7,098 $1.0B

Nearby Defined Benefit (Pension) Plans in Alabama

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Protective Life Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants Scatter plot of 6 data points. 01000200030004000 00.511.5 Total assets ($B) Participants Protective Life Corporation Pension Plan, Total assets ($B): 0.30714068 · Participants: 2996Protective Life Corporation Pension PlanRegions Financial Corporation Retirement Plan, Total assets ($B): 1.234102296 · Participants: 309Regions Financial Corporation Retirement PlanRegions Financial Corporation Retirement Plan for Associates, Total assets ($B): 0.700189014 · Participants: 2672Regions Financial Corporation Retirement Plan for AssociatesBlue Cross and Blue Shield of Alabama Retirement Plan, Total assets ($B): 0.655441132 · Participants: 2154Blue Cross and Blue Shield of Alabama Retirement PlanVulcan Materials Company Pension Plan, Total assets ($B): 0.502591014 · Participants: 879Vulcan Materials Company Pension PlanAmerican Cast Iron Pipe Company Pension Plan, Total assets ($B): 0.432303132 · Participants: 869American Cast Iron Pipe Company Pension Plan
Protective Life Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants
Compare Protective Life Corporation Pension Plan side-by-side with 3 peers →

Protective Life Corporation Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Alabama, the nearest Defined Benefit (Pension) by assets is Airconditioning and Refrigeration Industry Retirement Trust Fund in CA ($307M); by covered participants it is Scana Corporation Retirement Plan in VA (2,996 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,996 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Protective Life Corporation Pension Plan assets move in 2022? ▼
Protective Life Corporation Pension Plan pulled back noticeably - down 13.6% during 2022, from $355M to $307M. Reported net income was -$48M.
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 Pension Plan rank by assets among Form 5500 filers? ▼
Protective Life Corporation Pension Plan ranks in the 97th 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 Defined Benefit (Pension) plans are similar in size to Protective Life Corporation Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Airconditioning and Refrigeration Industry Retirement Trust Fund in CA ($307M, 1,591 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Protective Life Corporation Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Scana Corporation Retirement Plan in VA (2,996 participants, $602M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 952492236.

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.