401(k) · DOL Form 5500 · 2023

John Hancock Life Insurance Company U.S.a 401(k) Plan

Data updated 2026-08-25

$2.2B
Total assets Very large vs avg
5,164
Participants Above avg headcount
99th
Percentile by assets National rank
$425,562
Avg per participant High balance/head
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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.

  • #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.

#8,755
in Finance & Insurance (8,869 peers)
+14.5%
assets growth YoY
22×
vs typical plan assets (national mean)

The Investment-Incentive Plan for John Hancock Employees's outsized position by total assets

The Investment-Incentive Plan for John Hancock Employees vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$2,197,604,550 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

The Investment-Incentive Plan for John Hancock Employees's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Investment-Incentive Plan for John Hancock Employees lands in the large band (5,164 participants).

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.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 010233346 · John Hancock Life Insurance Company U.S.a PY 2023 · 401(k)

The Investment-Incentive Plan for John Hancock Employees · $2.2B · 5,164 · 99th

  • BOY $2.2B
  • SCH 5,164
  • EBSA 99th
  • PART 401(k)
  • TYPE near Pentegra Defined Contribution Plan for Financial Institutions
  • NET ind #8755

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Massachusetts →

The Investment-Incentive Plan for John Hancock Employees in the asset neighbourhood

The Investment-Incentive Plan for John Hancock EmployeesThe Investment-Incentive Pla…$2.2BPentegra Defined Contribution Plan for Financial InstitutionsPentegra Defined Contributio…$2.2BDte Energy Company Savings and Stock Ownership PlanDte Energy Company Savings a…$2.2BAmentum 401(k) Retirement PlanAmentum 401(k) Retirement Pl…$2.2BPrecision Castparts Corp. 401(k) Retirement Savings PlanPrecision Castparts Corp. 40…$2.2B
End-of-year total assets ($B) among The Investment-Incentive Plan for John Hancock Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$1.9B
Net Assets (End of Year)$2.2B
Net Income$277M
Employer EIN010233346
Plan Effective Date1968-09-09
Filing StatusFILING RECEIVED

Sponsor Plan History (John Hancock Life Insurance Company U.S.a)

Sponsor-wide plan assets over time

All John Hancock Life Insurance Company U.S.a plans reported in each filing year

Latest sponsor-wide plan assets
$2.5B 24.761722113384444% vs 2022
2024 filing year
$1.8B$2B$2.2B$2.4B$2.6B 202220232024 $2.02B $2.53B ▲ +25.2%
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 Scatter plot of 6 data points. 020000400006000080000 0102030 Total assets ($B) Participants The Investment-Incentive Plan for John Hancock Employees, Total assets ($B): 2.19760455 · Participants: 5164The Investment-Incentive Plan for John Hancock EmployeesFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
The Investment-Incentive Plan for John Hancock Employees vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare The Investment-Incentive Plan for John Hancock Employees side-by-side with 3 peers →

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's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Pentegra Defined Contribution Plan for Financial Institutions in NY ($2.2B); by covered participants it is Salem Health Hospitals & Clinics Retirement Plan in OR (5,166 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5,164 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Investment-Incentive Plan for John Hancock Employees assets move in 2023? ▼
The Investment-Incentive Plan for John Hancock Employees grew at a solid clip - up 14.5% during 2023, from $1.9B to $2.2B. Reported net income was $277M.
How have John Hancock Life Insurance Company U.S.a plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), John Hancock Life Insurance Company U.S.a's sponsor-wide assets grew 24.8%, from $2.0B to $2.5B.
Where does The Investment-Incentive Plan for John Hancock Employees rank by assets among Form 5500 filers? ▼
The Investment-Incentive Plan for John Hancock Employees ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to The Investment-Incentive Plan for John Hancock Employees? ▼
Among 401(k) plans in other states, the closest by assets is Pentegra Defined Contribution Plan for Financial Institutions in NY ($2.2B, 16,522 participants).
Which 401(k) plans cover a similar participant headcount to The Investment-Incentive Plan for John Hancock Employees? ▼
Among 401(k) plans in other states, the closest by covered participants is Salem Health Hospitals & Clinics Retirement Plan in OR (5,166 participants, $844M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 010233346.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.