# General Mills, INC. 401(k) Plan
Source: https://planprovider.pro/companies/general-mills-inc-401k-plan

> General Mills, INC.'s 401(k) plan: 16,628 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** General Mills, INC.

- **Sponsor EIN:** 410274440

- **Sponsor Address:** NUMBER 1 GENERAL MILLS BLVD BT02-C, MINNEAPOLIS, MN, 55426

- **Plan Type:** 401(k)

- **Total Participants:** 16,628

- **Total Assets:** $5.0B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|16,628|$5.0B|$85.8M|$146.1M|

| 2023|15,991|$4.6B|$99.8M|$141.7M|

| 2022|15,274|$4.1B|$84.7M|$128.8M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| KPMG LLP|Auditor|$158,447|—|$158,447|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [KPMG LLP](https://planprovider.pro/provider/kpmg-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $158,447

- **Estimated Expense Ratio:** 0.003% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$4,605,791|$2,287,261|$202,268|$158,447|—|

| 2023|$5,091,061|$2,432,521|—|$146,500|—|

| 2022|$4,672,941|$2,311,379|$972,585|—|$634,285|

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