Plan Snapshot
- Plan Sponsor: General Mills, INC.
- Sponsor EIN: 410274440
- Sponsor Address: NUMBER 1 GENERAL MILLS BLVD BT02-C, MINNEAPOLIS, MN, 55426
- Plan Type: Health & Welfare
- Plan Number: 509
- Total Participants: 0
- Total Assets: $150.2M
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 | 0 | $150.2M | $0 | $47,139 |
| 2023 | 0 | $154.0M | $99,068 | $33,821 |
| 2022 | 0 | $155.1M | $4.9M | $28,547 |
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 |
|---|---|---|---|---|
| THE BANK OF NEW YORK MELLON | Other Service Provider | $175,958 | — | $175,958 |
| KPMG, LLP | Auditor | $63,471 | — | $63,471 |
| ALIGHT SOLUTIONS | Recordkeeper | $40,640 | — | $40,640 |
| GENERAL MILLS | Recordkeeper | $36,836 | — | $36,836 |
| BLUE CROSS BLUE SHIELD OF MINNESOTA | Other Service Provider | $16,614 | — | $16,614 |
| CBIZ | Other Service Provider | $13,710 | — | $13,710 |
| EXPRESS SCRIPTS, INC. | Other Service Provider | $8,353 | — | $8,353 |
| DELOITTE | Auditor | $5,980 | — | $5,980 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KPMG, LLP — Auditor
- ALIGHT SOLUTIONS — Recordkeeper
- DELOITTE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $361,562
- Estimated Expense Ratio: 0.241% 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 | $361,591 | — | $24,967 | $83,161 | — |
| 2023 | $463,908 | — | $37,254 | $91,522 | — |
| 2022 | $986,207 | $116,782 | $426,334 | — | $323,748 |