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)
- Plan Number: 508
- Total Participants: 12,376
- Total Assets: $30.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 12,376 | $30.5M | $159.5M | $37.0M |
| 2023 | 12,195 | $88.7M | $9.9M | $34.7M |
| 2022 | 11,463 | $223.5M | $22.1M | $32.3M |
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 | $136,616 | — | $136,616 |
| CBIZ | Other Service Provider | $42,685 | — | $42,685 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $35,167 | — | $35,167 |
| DELOITTE | Auditor | $15,000 | — | $15,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $229,468
- Estimated Expense Ratio: 0.752% 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 | $11,410,128 | $3,383 | $11,067,558 | $194,301 | — |
| 2023 | $11,173,727 | — | $10,962,310 | $40,189 | — |
| 2022 | $9,701,419 | $24,244 | $9,599,154 | — | $58,781 |