401(k) · DOL Form 5500 · 2023

Protective Life Corporation 401(k) Plan

Data updated 2026-08-25

$594M
Total assets Above avg plan size
3,703
Participants Above avg headcount
98th
Percentile by assets National rank
$160,306
Avg per participant Above avg balance/head
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Official DOL plan name: Protective Life Corporation 401(k) Plan · Sponsored by Protective Life Corporation · Alabama · Finance & Insurance

$594M in assets, 3,703 participants

Protective Life Corporation's Protective Life Corporation 401(k) Plan reported $594M in total assets and 3,703 participants in its 2023 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.

  • #8,525 in Finance & Insurance (8,869 peers)

Coverage in Alabama

Protective Life Corporation 401(k) Plan covers 3,703 participants in Alabama, 10x the typical Alabama plan (state average ~360 per filing). Assets: $594M.

#8,525
in Finance & Insurance (8,869 peers)
+17.9%
assets growth YoY
6.0×
vs typical plan assets (national mean)

Protective Life Corporation 401(k) Plan's outsized position by total assets

Protective Life Corporation 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$593,613,643 Top 2% higher than 98% of 127,068 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 2023

Protective Life Corporation 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Protective Life Corporation 401(k) Plan lands in the large band (3,703 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Protective Life Corporation 401(k) Plan reported net income rose from -$99M in the plan year 2022 filing to $90M in the plan year 2023 filing.
  • Protective Life Corporation 401(k) Plan end-of-year assets rose from $504M in the plan year 2022 filing to $594M in the plan year 2023 filing.
  • Protective Life Corporation 401(k) Plan reported participants rose from 3,577 in the plan year 2022 filing to 3,703 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 952492236 · Protective Life Corporation PY 2023 · 401(k)

Protective Life Corporation 401(k) Plan · $594M · 3,703 · 98th

  • IND $594M
  • EOY 3,703
  • 5500 98th
  • ASSETS 401(k)
  • PCT near Ceridian Savings and Investment Plan
  • EIN ind #8525

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 401(k) Plan in the asset neighbourhood

Avantor Retirement Savings 401(k) Plan and TrustAvantor Retirement Savings 4…$594MLouisiana Health Service & Indemnity Co. Tax-Favored Savings ProgramLouisiana Health Service & I…$594MProtective Life Corporation 401(k) PlanProtective Life Corporation …$594MCeridian Savings and Investment PlanCeridian Savings and Investm…$593MThe Mcclatchy Company 401(k) PlanThe Mcclatchy Company 401(k)…$593M
End-of-year total assets ($M) among Protective Life Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$504M
Net Assets (End of Year)$594M
Net Income$90M
Employer EIN952492236
Plan Effective Date1984-01-01
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 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 Scatter plot of 6 data points. -100000100002000030000 00.511.522.53 Total assets ($B) Participants Protective Life Corporation 401(k) Plan, Total assets ($B): 0.593613643 · Participants: 3703Protective Life Corporation 401(k) PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Protective Life Corporation 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Protective Life Corporation 401(k) Plan side-by-side with 3 peers →

Protective Life Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Ceridian Savings and Investment Plan in MN ($593M); by covered participants it is The Cooper Companies, Inc. 401(k) Savings Plan in CA (3,703 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,703 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Protective Life Corporation 401(k) Plan assets move in 2023? ▼
Protective Life Corporation 401(k) Plan grew sharply - up 17.9% during 2023, from $504M to $594M. Reported net income was $90M.
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 127,072 plans that reported assets for plan year 2023 (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 Ceridian Savings and Investment Plan in MN ($593M, 2,261 participants).
Which 401(k) plans cover a similar participant headcount to Protective Life Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Cooper Companies, Inc. 401(k) Savings Plan in CA (3,703 participants, $420M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.