John Hancock Retirement Plan Services recently announced the John Hancock Partnership Program, which will provide plan consultants with a one-time payment to help defray the costs incurred by a plan associated with its transfer or administration. For every new plan that closes between Sept. 16, 2013, and Dec. 27, 2013, John Hancock RPS will pay the plan’s TPA between $400 and $1,200, depending on the size of the plan.
John Hancock is one of the largest full-service providers to 401(k) plans nationwide across all plan sizes. Their goal in launching the program is to strengthen the working relationships they have with their TPAs, wherein they believe the team approach cultivates the best possible solutions for healthy and successful retirement plans.
The John Hancock RPS NAPA Partner Corner page is here.
