401(k) · DOL Form 5500 · 2023
John Hancock Life Insurance Company U.S.a 401(k) Plan
Data updated 2026-08-11
- $2.2B
- Total assets
- 5,164
- Participants
- 99th
- Percentile by assets
- $425,562
- Avg per participant
Official DOL plan name: The Investment-Incentive Plan for John Hancock Employees · Sponsored by John Hancock Life Insurance Company U.S.a · Massachusetts · Finance & Insurance
$2.2B in assets, 5,164 participants
John Hancock Life Insurance Company U.S.a's The Investment-Incentive Plan for John Hancock Employees reported $2.2B in total assets and 5,164 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 127,072 plans)
- #8,755 in Finance & Insurance (8,869 peers)
Coverage in Massachusetts
The Investment-Incentive Plan for John Hancock Employees covers 5,164 participants in Massachusetts, 7.8x the typical Massachusetts plan (state average ~659 per filing). Assets: $2.2B.
- $2.2B
- total plan assets (2023 EOY)
- 5,164
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $425,562
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Investment-Incentive Plan for John Hancock Employees reported net income rose from -$392M in the plan year 2022 filing to $277M in the plan year 2023 filing.
- The Investment-Incentive Plan for John Hancock Employees end-of-year assets rose from $1.9B in the plan year 2022 filing to $2.2B in the plan year 2023 filing.
- The Investment-Incentive Plan for John Hancock Employees reported participants rose from 5,050 in the plan year 2022 filing to 5,164 in the plan year 2023 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. The Investment-Incentive Plan for John Hancock Employees reports 5,164 participants - 7.8x that state average ($2.2B EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $1.9B |
|---|---|
| Net Assets (End of Year) | $2.2B |
| Net Income | $277M |
| Employer EIN | 010233346 |
| Plan Effective Date | 1968-09-09 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (John Hancock Life Insurance Company U.S.a)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,094 | $2.0B |
| 2023 | 2 | 5,206 | $2.3B |
| 2024 | 2 | 5,080 | $2.5B |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The Investment-Incentive Plan for John Hancock Employees vs. nearby 401(k) plans in Massachusetts, assets vs. participants
- Fidelity Retirement Savings Plan $28.6B · 62,289
- Liberty Mutual 401(k) Plan $10.6B · 37,052
- Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
- Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
- Philips North America 401(k) Plan $5.8B · 19,120
Scale composition for The Investment-Incentive Plan for John Hancock Employees
The Investment-Incentive Plan for John Hancock Employees reports $2.2B in end-of-year assets across 5,164 participants (0.018% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $425,562 per participant (3.1x the national average assets-per-participant) . Net income for plan year 2023 was $277M.
This plan identity (EIN 010233346, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.9B to $2.4B (+25.5%) while covered participants moved from 5,050 to 5,046 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,050 | $1.9B | Open filing |
| 2023 | 5,164 | $2.2B | This page |
| 2024 · index core | 5,046 | $2.4B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The Investment-Incentive Plan for John Hancock Employees (401(k), $2.4B, 5,046 participants)
- John Hancock Savings and Investment Plan (401(k), $116M, 34 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Investment-Incentive Plan for John Hancock Employees by total assets, not by location.
- Pentegra Defined Contribution Plan for Financial Institutions (NY) $2.2B · 16,522
- Amentum 401(k) Retirement Plan (VA) $2.2B · 22,820
- Precision Castparts Corp. 401(k) Retirement Savings Plan (OR) $2.2B · 16,687
- Dte Energy Company Savings and Stock Ownership Plan (MI) $2.2B · 5,669
Frequently Asked Questions
How did The Investment-Incentive Plan for John Hancock Employees assets move in 2023? ▼
How have John Hancock Life Insurance Company U.S.a plan assets changed over time? ▼
Where does The Investment-Incentive Plan for John Hancock Employees rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on The Investment-Incentive Plan for John Hancock Employees's numbers.
- By total assets, The Investment-Incentive Plan for John Hancock Employees ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
- John Hancock Life Insurance Company U.S.a's sponsor-wide assets have grown 24.8% since 2022 across 3 plan years on file. More Finance & Insurance plans