Plan Ledger DOL Form 5500 · updated monthly

Neurocrine Biosciences401(k)

NEUROCRINE BIOSCIENCES, INC. 401(K) SAVINGS PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Neurocrine Biosciences reported $127,623 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,359 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 0.04% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 426th-largest of 9,483 plans among California employers on file, and the 596th of 11,654 in professional & technical services. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 1,231 to 1,768 since 2022.

Plan summary
Net assets, end of year$283,540,764
Participants with balances1,889
Active participants1,768
Employer contributions$14,778,077
Employee contributions$27,197,377
Employer contribution per active participant$8,359
Average account balance$150,101
Benefits paid to participants$20,246,365
Plan auditUnmodified (clean) audit opinion
AuditorDUFFY KRUSPODIN, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$283.5M · 1,889 accts · $14.8M emplr
2023$213.0M · 1,498 accts · $12.5M emplr
2022$145.2M · 1,308 accts · $10.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,760
Investment management$36,863
Total administrative$127,623
The Neurocrine Biosciences 401(k) match · 2024
Employer contribution per active participant$8,359
Median for plans this size$3,635
2024$8,359 per active participant
2023$9,123 per active participant
2022$8,338 per active participant

Neurocrine Biosciences's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$90,760
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$36,863

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$127,623 · 0.05%
2023$87,579 · 0.05%
2022$60,719 · 0.04%
Same employer
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Elasticsearch, Inc. CA$291.4M · 0.00%
Box, Inc. CA$282.9M · 0.07%
Munger, Tolles & Olson LLP CA$282.2M · 0.09%
Tsmc North America Inc CA$278.6M · 0.05%
Public Health Institute CA$276.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330525145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.