Plan Snapshot
- Plan Sponsor: Protective Life Corporation
- Sponsor EIN: 952492236
- Sponsor Address: 2801 HI. 280 S, BIRMINGHAM, AL, 352022606
- Plan Type: DB
- Total Participants: 3,459
- Total Assets: $332.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,459 | $332.4M | $0 | $0 |
| 2023 | 3,256 | $321.1M | $0 | $0 |
| 2022 | 3,172 | $307.1M | $40.0M | $0 |
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 |
|---|---|---|---|---|
| WARREN AVERETT LLC | Auditor | $30,000 | — | $30,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,000
- Estimated Expense Ratio: 0.009% 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 | $1,122,670 | $412,860 | — | $30,000 | — |
| 2023 | $2,597,361 | $104,000 | $3,500 | $30,000 | — |
| 2022 | $688,849 | $171,177 | — | — | $145,784 |