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Neogen 401(k)

Recordkeeping fees per participant · Neogen 401(k) Retirement Savings Plan · plan year 2024

$46.13

Higher than 33% of the 5,847 plans $50 to 250M that report it.

Source

= $84,007 / 1,821
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250827131019NAL0009410961001, received 2025-08-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250827131019NAL0009410961001, received 2025-08-27

10th: $10.22median $69.9190th: $151.08

Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-27.

Cost and contributions

Administrative expenses excluding investment management, per participant

$46.13

10th: $16.21median $93.2090th: $246.84

Higher than 23% of the 8,758 plans $50 to 250M that report it.

Source

= $84,007 / 1,821
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250827131019NAL0009410961001, received 2025-08-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250827131019NAL0009410961001, received 2025-08-27

Administrative expenses per participant

$102.63

10th: $29.39median $132.8490th: $350.58

Higher than 37% of the 9,042 plans $50 to 250M that report it.

Source

= $186,891 / 1,821
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250827131019NAL0009410961001, received 2025-08-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250827131019NAL0009410961001, received 2025-08-27

Administrative expenses as a share of assets

0.173%

10th: 0.022%median 0.136%90th: 0.326%

Higher than 62% of the 9,049 plans $50 to 250M that report it.

Source

= $186,891 / $108,086,537
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250827131019NAL0009410961001, received 2025-08-27
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250827131019NAL0009410961001, received 2025-08-27

Employer contributions per participant

$1,888

10th: $965median $2,73890th: $8,164

Higher than 30% of the 9,105 plans $50 to 250M that report it.

Source

= $3,438,360 / 1,821
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250827131019NAL0009410961001, received 2025-08-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250827131019NAL0009410961001, received 2025-08-27

Employer share of total contributions

24.6%

10th: 15.6%median 29.5%90th: 50.6%

Higher than 34% of the 9,112 plans $50 to 250M that report it.

Source

= $3,438,360 / $13,963,118
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250827131019NAL0009410961001, received 2025-08-27
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250827131019NAL0009410961001, received 2025-08-27

Plan terms, as stated in Neogen Corporation's SEC filings

Employer match

“The Company makes matching contributions as follows: $1.00 for each $1.00 on the first 3% of participant contributions and $0.50 on each $1.00 on the next 2% of participant contributions up to the maximum allowable by the IRS.”

Form 11-K filed 2026-06-25, for the year ended 2025-12-31 · plan description note, contributions · source document

Vesting

“Participants are immediately vested in the Company contribution portion of their account.”

Form 11-K filed 2026-06-25, for the year ended 2025-12-31 · plan description note, vesting · source document

Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250827131019NAL0009410961001, received 2025-08-27

Full record, Neogen 401(k) Retirement Savings Plan

FieldValueSource
Plan sponsorNEOGEN CORPORATIONForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250827131019NAL0009410961001, received 2025-08-27
Plan nameNEOGEN 401(K) RETIREMENT SAVINGS PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250827131019NAL0009410961001, received 2025-08-27
Sponsor EIN / plan number38-2367843 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250827131019NAL0009410961001, received 2025-08-27
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250827131019NAL0009410961001, received 2025-08-27
Sponsor locationLANSING, MIForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250827131019NAL0009410961001, received 2025-08-27
Industry (business code)339900, ManufacturingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250827131019NAL0009410961001, received 2025-08-27
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250827131019NAL0009410961001, received 2025-08-27
Filing received2025-08-27Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250827131019NAL0009410961001, received 2025-08-27
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250827131019NAL0009410961001, received 2025-08-27
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250827131019NAL0009410961001, received 2025-08-27
Participants, beginning of year1,809Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250827131019NAL0009410961001, received 2025-08-27
Active participants1,716Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250827131019NAL0009410961001, received 2025-08-27
Participants, end of year2,185Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250827131019NAL0009410961001, received 2025-08-27
Participants with an account balance1,821Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250827131019NAL0009410961001, received 2025-08-27
Total assets, beginning of year$102,236,277Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250827131019NAL0009410961001, received 2025-08-27
Total assets, end of year$108,086,537Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250827131019NAL0009410961001, received 2025-08-27
Net assets, end of year$108,086,537Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250827131019NAL0009410961001, received 2025-08-27
Total income$24,521,985Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250827131019NAL0009410961001, received 2025-08-27
Net income$5,850,260Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250827131019NAL0009410961001, received 2025-08-27
Employer contributions$3,438,360Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250827131019NAL0009410961001, received 2025-08-27
Participant contributions$8,050,520Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250827131019NAL0009410961001, received 2025-08-27
Other contributions (incl. rollovers)$2,474,238Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250827131019NAL0009410961001, received 2025-08-27
Total contributions$13,963,118Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250827131019NAL0009410961001, received 2025-08-27
Benefit payments$18,461,379Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250827131019NAL0009410961001, received 2025-08-27
Total expenses (incl. benefit payments)$18,671,725Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250827131019NAL0009410961001, received 2025-08-27
Total administrative expenses$186,891Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250827131019NAL0009410961001, received 2025-08-27
Contract administrator fees$0Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250827131019NAL0009410961001, received 2025-08-27
Recordkeeping fees$84,007Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250827131019NAL0009410961001, received 2025-08-27
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250827131019NAL0009410961001, received 2025-08-27
Investment advisory and management fees$102,884Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250827131019NAL0009410961001, received 2025-08-27
Administrative expenses excluding investment management$84,007derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250827131019NAL0009410961001, received 2025-08-27
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250827131019NAL0009410961001, received 2025-08-27
Held in common/collective trusts$4,894,309Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250827131019NAL0009410961001, received 2025-08-27
Held in mutual funds$96,983,714Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250827131019NAL0009410961001, received 2025-08-27
Independent auditorREHMANN ROBSON, LLCSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250827131019NAL0009410961001, received 2025-08-27

Position = column in the DOL layout for form year 2024. Filing 20250827131019NAL0009410961001, received 2025-08-27.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees $84,007yes
MMA SECURITIESADVISOR 27 Investment advisory (plan) $66,509no
STRATEGIC ADVISORS, INC.ADVISOR 27 Investment advisory (plan) $36,375no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250827131019NAL0009410961001, received 2025-08-27.

What changed since the 2023 plan year

Figure20232024Change
Total assets$102,236,277$108,086,5375.7%
Participants with a balance1,4261,82127.7%
Administrative expenses$152,511$186,89122.5%
Recordkeeping fees per participant$46.80$46.13-1.4%
Employer contributions$3,000,628$3,438,36014.6%

Prior filing 20240917150851NAL0001841299001, received 2024-09-17; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: NEOGEN CORPORATION; SEC registrant: NEOGEN CORP (CIK 711377, matched by EIN; display name from the Form 11-K cover).