Defined Benefit (Pension) · DOL Form 5500 · 2024
Protective Life Corporation Pension Plan
Data updated 2026-08-11
- $332M
- Total assets
- 3,289
- Participants
- 96th
- Percentile by assets
- $101,078
- Avg per participant
Official DOL plan name: Protective Life Corporation Pension Plan · Sponsored by Protective Life Corporation · Alabama · Finance & Insurance
$332M in assets, 3,289 participants
Protective Life Corporation's Protective Life Corporation Pension Plan reported $332M in total assets and 3,289 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 123,622 plans)
- #7,985 in Finance & Insurance (8,549 peers)
Coverage in Alabama
Protective Life Corporation Pension Plan covers 3,289 participants in Alabama, 9.1x the typical Alabama plan (state average ~360 per filing). Assets: $332M.
- $332M
- total plan assets (2024 EOY)
- 3,289
- covered participants
- 96th
- percentile by assets (of 123,622 plans)
- $101,078
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Protective Life Corporation Pension Plan reported net income fell from $14M in the plan year 2023 filing to $12M in the plan year 2024 filing.
- Protective Life Corporation Pension Plan end-of-year assets rose from $321M in the plan year 2023 filing to $332M in the plan year 2024 filing.
- Protective Life Corporation Pension Plan reported participants rose from 3,222 in the plan year 2023 filing to 3,289 in the plan year 2024 filing.
Participants vs Alabama filers
In Alabama, the average filing covers about 360 participants across 1,591 plans. Protective Life Corporation Pension Plan reports 3,289 participants - 9.1x that state average ($332M EOY assets).
Alabama filing particulars
| Total Assets (Beginning of Year) | $321M |
|---|---|
| Net Assets (End of Year) | $332M |
| Net Income | $12M |
| 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 · 282
- Blue Cross and Blue Shield of Alabama Retirement Plan $712M · 1,955
- Regions Financial Corporation Retirement Plan for Associates $708M · 2,240
- Retail, Wholesale & Department Store International Union and Industry Pension Fund $619M · 1,556
- Vulcan Materials Company Pension Plan $471M · 740
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.
- Everest Reinsurance Retirement Plan (NJ) $332M · 215
- Retirement Income Plan for Selective Insurance Company of America (NJ) $333M · 461
- Henry Ford Health System Allegiance Combined Pension Plan (MI) $333M · 5,863
- Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund (NJ) $331M · 63
Frequently Asked Questions
How did Protective Life Corporation Pension Plan assets move in 2024? ▼
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