Defined Benefit (Pension) · DOL Form 5500 · 2024

Protective Life Corporation Pension Plan

Data updated 2026-08-25

$332M
Total assets Above avg plan size
3,289
Participants Above avg headcount
96th
Percentile by assets National rank
$101,078
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

$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.

  • #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.

#7,985
in Finance & Insurance (8,549 peers)
+3.5%
assets growth YoY
3.3×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$332,446,171 Top 4% higher than 96% of 123,620 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 2024

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

Plan-year 2024 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 (3,289 participants).

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.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 952492236 · Protective Life Corporation PY 2024 · Defined Benefit (Pension)

Protective Life Corporation Pension Plan · $332M · 3,289 · 96th

  • VS-ST $332M
  • VS-ST 3,289
  • VS-ST 96th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Everest Reinsurance Retirement Plan
  • VS-ST ind #7985

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

Henry Ford Health System Allegiance Combined Pension PlanHenry Ford Health System All…$333MRetirement Income Plan for Selective Insurance Company of AmericaRetirement Income Plan for S…$333MProtective Life Corporation Pension PlanProtective Life Corporation …$332MEverest Reinsurance Retirement PlanEverest Reinsurance Retireme…$332MDefined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity FundDefined Benefit Plan of the …$331M
End-of-year total assets ($M) among Protective Life Corporation Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Alabama filing particulars

Total Assets (Beginning of Year)$321M
Net Assets (End of Year)$332M
Net Income$12M
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 0.20.40.60.811.2 Total assets ($B) Participants Protective Life Corporation Pension Plan, Total assets ($B): 0.332446171 · Participants: 3289Protective Life Corporation Pension PlanRegions Financial Corporation Retirement Plan, Total assets ($B): 1.152174116 · Participants: 282Regions Financial Corporation Retirement PlanBlue Cross and Blue Shield of Alabama Retirement Plan, Total assets ($B): 0.711879241 · Participants: 1955Blue Cross and Blue Shield of Alabama Retirement PlanRegions Financial Corporation Retirement Plan for Associates, Total assets ($B): 0.708134818 · Participants: 2240Regions Financial Corporation Retirement Plan for AssociatesRetail, Wholesale & Department Store International Union and Industry Pension Fund, Total assets ($B): 0.61892099 · Participants: 1556Retail, Wholesale & Department Store International Union and Industry Pension FundVulcan Materials Company Pension Plan, Total assets ($B): 0.471253992 · Participants: 740Vulcan Materials Company Pension Plan
Protective Life Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants

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 Everest Reinsurance Retirement Plan in NJ ($332M); by covered participants it is Weyerhaeuser Pension Plan in WA (3,285 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. 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 2024? ▼
Protective Life Corporation Pension Plan edged up modestly - up 3.5% during 2024, from $321M to $332M. Reported net income was $12M.
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 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Everest Reinsurance Retirement Plan in NJ ($332M, 215 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 Weyerhaeuser Pension Plan in WA (3,285 participants, $1.5B in assets).