although I shoot the K7 not the K5, and clearly would love to have your prime, I think I can comment quite effectively here.
FIrst of all, unless I have missed something, the highlight protection is usually applied to JPEGs, not RAW. shooting RAW means just that, although when you select to use it on the camera, I believe it actually may result in some under exposure in order to produce the wider dynamic range in the JPEG image,
BUT the real answer to saving whites, is to use spot metering and expose on the whites (for an all white bird) or deliberately under exposing to preserve the highlights. again, spot metering is the best to ensure that you meter on what you want to, out of the scene, and let the backgroud go where it wants, darker or lighter.
Also, for birding, I have found P-TTL a royal pain in the ass, compared to TTL. I sometimes wish pentax retained on the upper end bodies the dual flash metering of the *istD because it can be very useful, however that is a discussion for another day. With an A lens, P-TTL should be able to work in spot mode, and meter correctly for the area at the spot metering. remember however the spot is not tiny, it is about as big as the center circle around the focusing indicator (1-3% of the frame) and you may need to consier under exposing by a stop to protect the highlights,
just for fun, here is the *istD with K300/4 and 1.7x AF TC using TTL flash
no matter what you do, white is an issue