Defined Benefit (Pension) · DOL Form 5500 · 2022
Protective Life Corporation Pension Plan
Data updated 2026-08-11
- $307M
- Total assets
- 2,996
- Participants
- 97th
- Percentile by assets
- $102,517
- Avg per participant
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.
- 97th percentile by assets (of 139,126 plans)
- #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.
- $307M
- total plan assets (2022 EOY)
- 2,996
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $102,517
- avg assets per participant
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.
Participants vs Alabama filers
In Alabama, the average filing covers about 360 participants across 1,591 plans. Protective Life Corporation Pension Plan reports 2,996 participants - 8.3x that state average ($307M EOY assets).
Alabama filing particulars
| Total Assets (Beginning of Year) | $355M |
|---|---|
| Net Assets (End of Year) | $307M |
| Net Income | -$48M |
| Employer EIN | 952492236 |
| Plan Effective Date | 1946-01-01 |
| Filing Status | FILING 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.
Protective Life Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants
- Regions Financial Corporation Retirement Plan $1.2B · 309
- Regions Financial Corporation Retirement Plan for Associates $700M · 2,672
- Blue Cross and Blue Shield of Alabama Retirement Plan $655M · 2,154
- Vulcan Materials Company Pension Plan $503M · 879
- American Cast Iron Pipe Company Pension Plan $432M · 869
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Protective Life Corporation Pension Plan by total assets, not by location.
- Airconditioning and Refrigeration Industry Retirement Trust Fund (CA) $307M · 1,591
- Northeast Georgia Health System, Inc. and Affiliated Companies Pension Plan (GA) $307M · 913
- Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees (CT) $307M · 448
- The Albany Medical Center Retirement Plan (NY) $308M · 7,778
Frequently Asked Questions
How did Protective Life Corporation Pension Plan assets move in 2022? ▼
How have Protective Life Corporation plan assets changed over time? ▼
Where does Protective Life Corporation Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Protective Life Corporation Pension Plan? ▼
Next read for Protective Life Corporation Pension Plan
Filing takeaways
Ways to act on Protective Life Corporation Pension Plan's numbers.
- By total assets, Protective Life Corporation Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Alabama. Compare plans
- Protective Life Corporation's sponsor-wide assets have grown 26.8% since 2022 across 3 plan years on file. More Finance & Insurance plans