John Hancock Retirement Plan Services

John Hancock Retirement Plan Services was the retirement plan administration division of John Hancock, a major US-based financial services and insurance company, which is itself a subsidiary of Manulife Financial Corporation of Canada. For decades, it specialized in providing and managing retirement plans, such as 401(k)s, for a wide range of businesses and their employees across the United States. In 2022, it was announced that Empower, another major retirement plan provider, would acquire the business. The acquisition and client migration were completed in 2023, with former John Hancock Retirement Plan Services clients and assets now being managed under the Empower brand. The parent company, John Hancock, continues to offer other products like insurance, investments, and IRAs.