Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Pension Administrator

Actuaries Unlimited, Inc.

Actuaries Unlimited, Inc. logo

"You Break It, We Fix It" Administrator

Nova 401(k) Associates
(Remote / Houston TX / Dallas TX / Scottsdale AZ)

Nova 401(k) Associates logo

Investment Advisor

SWBC Retirement Plan Services
(Austin TX)

SWBC Retirement Plan Services logo

Senior Retirement Account Representative

Ohio Pension Services
(Akron OH)

Ohio Pension Services logo

Senior Plan Document & Compliance Specialist

PCS Retirement, LLC

PCS Retirement, LLC logo

Relationship Manager - Retirement Plans

Spectrum Investment Advisors, Inc.
(Thiensville WI)

Spectrum Investment Advisors, Inc. logo

Retirement Plan Benefits Consultant

Compass Retirement Consulting Group
(Remote / Stratham NH)

Compass Retirement Consulting Group logo

DC Plan Administrator

United Benefit Pensions Inc.
(Melville NY)

United Benefit Pensions Inc. logo

Loan and Distribution / Contribution Upload Specialist

Aimpoint Pension

Aimpoint Pension logo

Senior Plan Administrator

PCS Retirement, LLC

PCS Retirement, LLC logo

Retirement Plan Consultant (RPC)

Qualified Plan Consultants, LLC (QPC)

Qualified Plan Consultants, LLC (QPC) logo

DC Plan Administrator

Farmer & Betts, Inc.
(Remote / CO / OR / WA)

Farmer & Betts, Inc. logo

Senior Plan Consultant

Bidwell Consulting Services, Inc.
(Remote / Chico CA)

Bidwell Consulting Services, Inc. logo

Plan Compliance Analyst (Administrator)

(Remote / Falls Church VA)

RPA logo

Retirement Plan Administrator

Premier Plan Consultants
(Remote / San Diego CA)

Premier Plan Consultants logo

Defined Contribution Account Manager with a Life!

Nova 401(k) Associates
(Remote / Houston TX / Dallas TX / Scottsdale AZ)

Nova 401(k) Associates logo

Relationship Manager

Compass Retirement Consulting Group, Inc./Compass 360, LLC
(Remote / Stratham NH / MA)

Compass Retirement Consulting Group, Inc./Compass 360, LLC logo

Client Compliance Counsel

(Philadelphia PA / CT / DE / MA / NJ / NY / RI)

Gallagher logo

Associate Consultant / Retirement Plan Administration

Spectrum Pension Consultants, Inc.
(Tacoma WA)

Spectrum Pension Consultants, Inc. logo

Pension Administrator

National Administration, Inc.
(Remote / Menasha WI)

National Administration, Inc. logo

Retirement Plan Administrator

Excellent TPA

Retirement Plan Administrator

Bates & Company, Inc.
(Remote / Winter Park FL)

Bates & Company, Inc. logo

Consultant / Retirement Plan Administration

Spectrum Pension Consultants, Inc.
(Remote / Tacoma WA)

Spectrum Pension Consultants, Inc. logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

Press Releases by Date   |   Press Releases by Company Name

View More Press Releases by John Hancock Retirement

Press Release

John Hancock Retirement Waives Recordkeeping Fees for Q1 2021

Issued by John Hancock Retirement

Aug. 11, 2020

Waiver offered to established plans in need of a new recordkeeping solution

BOSTON, Aug. 11, 2020 -- John Hancock Retirement, a company of Manulife Investment Management, today announced it will waive recordkeeping fees for the first quarter of 2021 for eligible plans that sign up for a 401(k) plan with John Hancock Retirement between August 1, 2020 and December 31, 2020.* The fee waiver is available to plan sponsors looking for an alternative solution for their plan's recordkeeping services. This waiver is designed specifically to help small business in today's challenging economic environment.

"Activity has really picked up in the last two months across all asset segments," said Gary Tankersley, Head of Sales & Distribution, John Hancock Retirement. "However, employers understandably have a lot on their plate right now and upgrading their company's retirement plan may not be a top 10 priority for 2020. This waiver aims to provide a small motivation to tackle this project now versus waiting until later."

The waiving of recordkeeping fees is one of several ways John Hancock Retirement has worked to help financial professionals, sponsors, and participants as a result of the impact of COVID-19.  In recognition of the relief provided by the CARES Act, John Hancock waived amendment fees for plan sponsors amending plans to adopt the features outlined within the legislation, as well as waived fees associated with participant COVID-19 withdrawals.

In addition to fee waivers, John Hancock Retirement continues to support the broader retirement community in today's uncertain environment with a robust market volatility engagement program, in-depth thought leadership on participant behavior and the current legislative environment, and optimized virtual collaboration.

For more information on John Hancock Retirement please view here.

* Waivers are available for 401(k) retirement plan programs that meet certain criteria. A commitment to John Hancock must be signed prior to 12/31/2020 and plan assets must convert prior to 3/31/2021 to realize any waiver. If plan assets are converted after 1/1/2021 the waiver will be applied for the time period assets are with John Hancock within the first quarter. This offer applies only to 401(k) retirement plan programs, and will not be applied to start-up, multi-plan, defined benefit, or Taft Harley programs. For more information about the program and complete criteria details please refer to the Fee Waiver Program Proposal Insert, or contact your JH representative.

About John Hancock and Manulife
John Hancock is a unit of Manulife Financial Corporation, a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States, and Manulife globally, including Canada, Asia and Europe. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. Assets under management and administration by Manulife and its subsidiaries were CAD$1.2 trillion (US$0.9 trillion) as of June 30, 2020. Manulife Financial Corporation trades as MFC on the TSX, NYSE, and PSE, and under 945 on the SEHK. Manulife can be found at

One of the largest life insurers in the United States, John Hancock supports more than 10 million Americans with a broad range of financial products, including life insurance, annuities, investments, 401(k) plans, and education savings plans. Additional information about John Hancock may be found at

About John Hancock Retirement
As of March 31, 2020, John Hancock serviced over 51,000 retirement plans with over 3 million participants and over $156 billion in AUMA.*

* As of March 31, 2020, John Hancock Life Insurance Company (USA) supported 47,098 plans, 1,608,087 participants, and $76,285,961,492 in AUMA. John Hancock Life Insurance Company of New York supported 2,520 plans, 78,874 participants, and $4,592,045,017 in AUMA. John Hancock Retirement Plan Services, LLC supported 1,963 plans, 1,353,635 participants, and $75,568,962,856 in AUMA. Participant Counts reflect all active participants with a balance. Approximate unaudited figures for John Hancock, provided on a U.S. statutory basis.

About Manulife Investment Management
Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 17 countries and territories. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We're committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement.

As of June 30, 2020, Manulife Investment Management had CAD$900 billion (US$660 billion) in assets under management and administration. Not all offerings are available in all jurisdictions. For additional information, please visit

John Hancock Distributors LLC Member FINRA, SIPC 200 Berkeley Street Boston, MA 02116 800-225-6020,

John Hancock Retirement Plan Services, LLC• 200 Berkeley Street • Boston, MA 02116



View More Press Releases by John Hancock Retirement

Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.

© 2021, Inc.