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Company:
John Hancock Financial Services, Inc.
Plan:
The Investment Incentive Plan for John Hancock Employees
 

John Hancock Financial Services, Inc.

79 Plan:

 
 
79
41
73
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (79) and the top rated plan (88) could equate to:
[How is this calculated?]
7 additional years of work
Up to $38,200 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

The Investment Incentive Plan for John Hancock Employees is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Account Balances, Investment Menu Quality, Salary Deferral, and Total Plan Cost. The Investment Incentive Plan for John Hancock Employees currently has over 10,000 active participants and over $1.2B in plan assets.

 

 Retirement Plan Details

Address 200 Berkeley Street
Boston, MA 02116 
Industry Finance and Insurance
Administrator Trevor M. Singleton
Net Plan Assets $1,210,000,000
Total Participants 10,000
Avg Account Balance $120,000

 Top 3 Funds in this 401k

1. John Hancock Guaranteed Interest Accounts 40%
2. John Hancock Trust 500 Index Trust 7%
3. John Hancock Funds II Lifestyle Growth 4%

  Plan Service Provider

Auditor Ernst & Young

 Comments