NEOGEN CORP | 2013 | FY | 3


8. Defined Contribution Benefit Plan

The Company maintains a defined contribution 401(k) benefit plan covering substantially all employees. Employees are permitted to defer up to IRS limits, with the Company matching 100% of the first 3% deferred and 50% of the next 2% deferred. The Company’s expense under this plan was $863,000, $760,000 and $733,000 in 2013, 2012 and 2011, respectively.


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