John Hancock Retirement Plan Services Retains $1.4 Billion Fujitsu America Retirement Plans

BOSTON, Sept. 10, 2015 /PRNewswire/ -- John Hancock Retirement Plan Services (John Hancock), one of the largest providers of retirement plans in the United States, is pleased to announce that Fujitsu Technology and Business of America, Inc., a leading information and communication technology company based in Sunnyvale, CA, has retained John Hancock to continue to recordkeep three retirement plans totaling a combined $1.4 billion.

Fujitsu's $1.3 billion defined contribution plan provides benefits for 4,500 eligible participants and its two non-qualified retirement plans total $87 million in assets. A long-time client of New York Life Retirement Plan Services when the New York Life business was acquired by John Hancock in April 2015, Fujitsu made the decision in July to retain John Hancock Retirement Plan Services for its plans.

"We have been very impressed with how these two firms have become one and how well supported our company has been throughout the process," said Pete Apor, Director, Retirement Services, for Fujitsu. "From day one, our John Hancock service team has listened to our needs and built solutions to satisfy them."

Patrick Murphy, president of John Hancock Retirement Plan Services, said: "We are so pleased that Fujitsu has given us this vote of confidence by continuing our relationship. Fujitsu has been a terrific client for more than three years and we look forward to maintaining and growing our longstanding partnership."

About Fujitsu Japan 
Fujitsu Japan is the parent and/or management company of a group of Fujitsu-owned companies operating in North, Central and South America dedicated to delivering the full range of Fujitsu products, solutions and services in ICT to our customers in the Western Hemisphere. These companies are collectively referred to as Fujitsu Americas. Fujitsu enables clients to meet their business objectives through integrated offerings and solutions, including consulting, systems integration, managed services, outsourcing and cloud services for infrastructure, platforms and applications; data center and field services; and server, storage, software and mobile/tablet technologies. For more information, please visit: http://solutions.us.fujitsu.com/ and http://twitter.com/fujitsuamerica

About John Hancock Financial and Manulife
 John Hancock Financial is a division of Manulife, a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. Operating as Manulife in Canada and Asia, and primarily as John Hancock in the United States, our group of companies offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Assets under management and administration by Manulife and its subsidiaries were C$883 billion (US$708 billion) as at June 30, 2015. Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife can be found on the Internet at manulife.com.

The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers and administers a broad range of financial products, including life insurance, annuities, investments, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at johnhancock.com.

John Hancock Life Insurance Company (U.S.A.), John Hancock Life Insurance Company of New York and John Hancock Retirement Plan Services LLC are collectively referred to as "John Hancock".

John Hancock Retirement Plan Services, LLC offers plan administrative services and service programs through which a sponsor or administrator of a plan may invest in various investment options on behalf of plan participants. These investment options have not been individually selected by John Hancock Retirement Plan Services, LLC.   John Hancock Trust Company, LLC provides trust and custodial services to such plans.

Group annuity contracts and recordkeeping agreements are issued by John Hancock Life Insurance Company (U.S.A.), (not licensed in New York) and John Hancock Life Insurance Company of New York.  Product features and availability may differ by state. 

Both John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance Company of New York do business under certain instances using the John Hancock Retirement Plan Services name.

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SOURCE John Hancock Retirement Plan Services