Just a capacitor or resistor in series with the LED to limit the current. Probably a diode to protect the LED against reverse voltage in series with or in parallel with it as well.
Yeah, edited that out since I looked closer and it is neons, just not as much exposed, that's why I was curious about it, probably similar, wish this wasn't sealed so I could open it and see what's inside.
Pretty good one though, it detects open ground, open neutral, open hot, hot/gnd reverse, and hot/neutral reverse.