John Hancock Employee Welfare Plan — Form 5500 plan (The Manufacturers Investment Corporation)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, John Hancock Employee Welfare Plan is a benefit plan reported by The Manufacturers Investment Corporation under EIN 38-3261832 and plan number 501. The latest loaded filing year is 2023. The filing reports 9,170 participants and $288,246,594 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$278.4MPlan net assets, end of year$278,368,663
Participants9.2KCovered participants reported9,170
Assets / participant$31.4KComputed: assets ÷ participants$31,434 (computed)
Provider compensation$392.2K4 Schedule C provider row(s)$392,242
Plan sponsor
The Manufacturers Investment Corporation
EIN
38-3261832
Plan number
501
Plan type
2
Location
Boston, MA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20239,170H, C20241007144705NAL0015354097001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$288.2M total assets
Net assets$278.4MLiabilities$9.9M
Money in vs. money out
Total income / additions$110.9M
Total expenses$102M
Benefits paid / distributions$101.6M
Contributions
Employer$69.5M
Participant$29.6M
Full reported line items

Net assets

Total assets (EOY)
$288,246,594
Total liabilities (EOY)
$9,877,931
Net assets (EOY)
$278,368,663
Net assets (BOY)
$269,474,000

Income & contributions

Employer contributions
$69,548,425
Participant contributions
$29,557,944
Total contributions
$99,106,369
Total income / additions
$110,876,528

Expenses & distributions

Benefits paid
$101,565,384
Administrative expenses
$416,481
Total expenses
$101,981,865
Net increase / (decrease)
$8,894,663
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 70%Participant 30%
Total expenses ÷ net assets37%Computed ratio
Benefits paid ÷ total income92%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Aon Consulting, Inc.NONE$222,422not reported in the loaded dataset2023
United Medical Resources, Inc.NONE$107,228not reported in the loaded dataset2023
Alight Solutions LLCNONE$51,379not reported in the loaded dataset2023
DelloiteNONE$11,213not reported in the loaded dataset2023

Related Form 5500 pages