Plan Ledger DOL Form 5500 · updated monthly

Neugen LLC401(k)

NEUGEN LLC EMPLOYEES' 401(K) PLAN · MADISON, WI · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

Neugen LLC reported $52,310 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $39,580 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 rose from 0.05% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other finance & insurance employers. By assets it is the 310th-largest of 1,936 plans among Wisconsin employers on file, and the 1,270th of 4,798 in finance & insurance. In 2022, the employer put in $1.32 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$72,543,470
Participants with balances350
Active participants40
Employer contributions$1,583,197
Employee contributions$1,200,483
Employer contribution per active participant$39,580
Average account balance$207,267
Benefits paid to participants$28,138,900
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$60.1M · 203 accts
2023$62.8M · 236 accts
2022$72.5M · 350 accts · $1.6M emplr
Administrative expenses, itemized · 2022
Investment management$11,057
Total administrative$52,310
The Neugen LLC 401(k) match · 2022
Employer contribution per active participant$39,580
Median for plans this size$3,449

Neugen LLC's 2022 employer contribution ran above the $3,449 median for plans its size, placing it in the top quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$78,307 · 0.13%
2023$46,235 · 0.07%
2022$52,310 · 0.05%
Similar plansFinance & Insurance · Wisconsin
Bank First Corporation WI$73.5M · 0.27%
Capspecialty, Inc. WI$73.2M · 0.20%
Altra Federal Credit Union WI$73.1M · 0.24%
Educators Credit Union WI$71.3M · 0.02%
Landmark Credit Union WI$65.5M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830949021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.