Plan Ledger DOL Form 5500 · updated monthly

Protective Insurance Corporation401(k)

PROTECTIVE INSURANCE SALARY SAVINGS & PROFIT SHARE PLAN · CARMEL, IN · plan year 2022

Reported admin expense ratio · 2022
0.09%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Protective Insurance Corporation reported $66,375 in plan administrative expenses for 2022: 0.09% of average plan assets, below the peer median. Employer contributions averaged -$119 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.09% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other finance & insurance employers. By assets it is the 226th-largest of 1,562 plans among Indiana employers on file, and the 1,362nd of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$65,595,439
Participants with balances214
Active participants3
Employer contributions-$356
Employee contributions-$356
Employer contribution per active participant-$119
Average account balance$306,521
Benefits paid to participants$5,339,177
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$56 · 4 accts
2022$65.6M · 214 accts
The Protective Insurance Corporation 401(k) match · 2022
Employer contribution per active participant-$119
Median for plans this size$3,449

Protective Insurance Corporation's 2022 employer contribution ran below the $3,449 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$46,649 · 0.14%
2022$66,375 · 0.09%
Similar plansFinance & Insurance · Indiana
Everwise Credit Union IN$94.1M · 0.23%
Forum Credit Union IN$62.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350160330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.