Neogen Corporation and Subsidiariesbenefits
Neogen Corporation Health and Welfare Plan · LANSING, MI · plan year 2025
Neogen Corporation and Subsidiaries's benefits plans covered 1,564 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,011,009. Insurance brokers and agents were paid $334,265 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 33.1% of premiums. That is $214 per covered person, above the median for employer plans that report broker pay. Broker pay rose 6.9% from $312,618 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382367843 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.