Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

PROTECTIVE LIFE CORPORATION PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

PROTECTIVE LIFE CORPORATION

This Defined Benefit (Pension) plan holds $307M in total assets and serves 2,996 participants as of 2022. It is sponsored by PROTECTIVE LIFE CORPORATION in Alabama. The plan reported a net loss of $48M for the year.

Total Assets (2023)
$307M
Participants
2,996
State
Industry
Finance & Insurance

What the Filing Says About PROTECTIVE LIFE CORPORATION PENSION PLAN

PROTECTIVE LIFE CORPORATION PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by PROTECTIVE LIFE CORPORATION, headquartered in Alabama. As of the 2022 Form 5500 filing, the plan reports $307M in total end-of-year assets and covers 2,996 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 952492236, and the plan has been effective since 1946-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $355M at the beginning of 2022 to $307M at year-end — a decline of 13.6%. Net assets (after liabilities) closed the year at $307M, with reported net income of $-48,268,458 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$355M
Total Assets (End of Year)$307M
Net Assets (End of Year)$307M
Net Income$-48,268,458
Plan TypeDefined Benefit (Pension)
Employer EIN952492236
Plan Effective Date1946-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PROTECTIVE LIFE CORPORATION)

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.

Frequently Asked Questions

How much money is in the PROTECTIVE LIFE CORPORATION PENSION PLAN?
As of the 2022 Form 5500 filing, PROTECTIVE LIFE CORPORATION PENSION PLAN holds $307M in total assets with 2,996 participants. It is sponsored by PROTECTIVE LIFE CORPORATION.
What type of plan is PROTECTIVE LIFE CORPORATION PENSION PLAN?
PROTECTIVE LIFE CORPORATION PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 1946-01-01. The plan is filed with the U.S. Department of Labor under EIN 952492236.
Who sponsors the PROTECTIVE LIFE CORPORATION PENSION PLAN?
PROTECTIVE LIFE CORPORATION PENSION PLAN is sponsored by PROTECTIVE LIFE CORPORATION, located in Alabama. The sponsor's EIN is 952492236 and the plan operates in the Finance & Insurance industry.
How did PROTECTIVE LIFE CORPORATION PENSION PLAN perform in 2022?
PROTECTIVE LIFE CORPORATION PENSION PLAN declined by 13.6% during 2022, moving from $355M to $307M in total assets. Net income was $-48,268,458.
Where can I find official filings for PROTECTIVE LIFE CORPORATION PENSION PLAN?
Official Form 5500 filings for PROTECTIVE LIFE CORPORATION PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 952492236 or plan name at efast.dol.gov.
How does PROTECTIVE LIFE CORPORATION PENSION PLAN compare to other plans?
You can compare PROTECTIVE LIFE CORPORATION PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in Alabama on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.