Plan Snapshot
- Plan Sponsor: Protective Life Corporation
- Sponsor EIN: 952492236
- Sponsor Address: P O BOX 2606, BIRMINGHAM, AL, 35202
- Plan Type: 401(k)
- Total Participants: 3,778
- Total Assets: $695.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,778 | $695.4M | $14.6M | $31.3M |
| 2023 | 3,809 | $593.6M | $14.5M | $30.4M |
| 2022 | 3,703 | $503.6M | $13.2M | $27.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $268,548 | — | $268,548 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $208,498 | — | $208,498 |
| CAPFINANCIAL PARTNERS LLC | Investment Advisor | $97,500 | — | $97,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $574,546
- Estimated Expense Ratio: 0.083% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $574,546 | $305,998 | — | — | — |
| 2023 | $514,183 | $177,364 | — | — | — |
| 2022 | $487,500 | $171,745 | — | — | — |