Neogen Corporation401(k)

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Neogen Corporation reported $186,891 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $2,004 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.178%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 277th-largest of 2,619 plans among Michigan employers on file, and the 1,796th of 13,661 in manufacturing. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has grown from 1,409 to 1,716 since 2022.