401(k) · DOL Form 5500 · 2024

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

Data updated 2026-07-24

$2.4B
Total assets
5,046
Participants
99th
Percentile by assets
$477,585
Avg per participant
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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

$2.4B in assets, 5,046 participants

John Hancock Life Insurance Company U.S.a's The Investment-Incentive Plan for John Hancock Employees reported $2.4B in total assets and 5,046 participants in its 2024 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 116,472 plans)

Coverage in Massachusetts

The Investment-Incentive Plan for John Hancock Employees covers 5,046 participants in Massachusetts, 7.9x the typical Massachusetts plan (state average ~641 per filing). Assets: $2.4B.

$2.4B
total plan assets (2024 EOY)
5,046
covered participants
99th
percentile by assets (of 116,472 plans)
$477,585
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Investment-Incentive Plan for John Hancock Employees reported net income fell from $277M in the plan year 2023 filing to $212M in the plan year 2024 filing.
  • The Investment-Incentive Plan for John Hancock Employees end-of-year assets rose from $2.2B in the plan year 2023 filing to $2.4B in the plan year 2024 filing.
  • The Investment-Incentive Plan for John Hancock Employees reported participants fell from 5,164 in the plan year 2023 filing to 5,046 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 641 participants across 3,941 plans. The Investment-Incentive Plan for John Hancock Employees reports 5,046 participants - 7.9x that state average ($2.4B EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$2.2B
Net Assets (End of Year)$2.4B
Net Income$212M
Employer EIN010233346
Plan Effective Date1968-09-09
Filing StatusFILING RECEIVED

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

$1.8B$2B$2.2B$2.4B$2.6B 202220232024 $2.02B $2.53B ▲ +25.2%
Total plan assets by year, all John Hancock Life Insurance Company U.S.a plans on file
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

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 010203040 Total assets ($B) Participants The Investment-Incen…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…State Street Salary …
The Investment-Incentive Plan for John Hancock Employees vs. nearby 401(k) plans in Massachusetts, assets vs. 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.

Frequently Asked Questions

How did The Investment-Incentive Plan for John Hancock Employees assets move in 2024?
The Investment-Incentive Plan for John Hancock Employees grew at a solid clip - up 9.7% during 2024, from $2.2B to $2.4B. Reported net income was $212M.
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 116,472 plans that reported assets for plan year 2024 (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 Agilent Technologies, Inc. 401(k) Plan in CA ($2.4B, 6,169 participants).

Next read for The Investment-Incentive Plan for John H…

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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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

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