Plan Ledger DOL Form 5500 · updated monthly

Neogenomics Laboratories, Inc.401(k)

NEOGENOMICS LABORATORIES, INC. 401(K) PROFIT SHARING PLAN · FORT MYERS, FL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Neogenomics Laboratories, Inc. reported $234,217 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,703 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 2 years on file its reported administrative ratio fell from 0.16% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 181st-largest of 3,644 plans among Florida employers on file, and the 637th of 11,911 in health care & social assistance. In 2024, employees put in $2.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$200,919,226
Participants with balances2,251
Active participants2,146
Employer contributions$7,945,707
Employee contributions$19,966,059
Employer contribution per active participant$3,703
Average account balance$89,258
Benefits paid to participants$15,339,754
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$200.9M · 2,251 accts · $7.9M emplr
2023$158.7M · 2,106 accts · $7.0M emplr
2022$125.0M · 1,996 accts · $6.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$141,455
Investment management$75,262
Total administrative$234,217
The Neogenomics Laboratories, Inc. 401(k) match · 2024
Employer contribution per active participant$3,703
Median for plans this size$3,635
2024$3,703 per active participant
2023$3,364 per active participant
2022$3,264 per active participant

Neogenomics Laboratories, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$141,455
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$75,262
CREATIVE PLANNING HOLDCO, LLC · Investment advisory (plan)$17,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$234,217 · 0.13%
2023$206,242 · 0.15%
2022$204,953 · 0.16%
Same employer
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Dental Care Alliance FL$183.8M · 0.32%
Uf Health-Central Florida FL$169.3M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593725585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.