Plan Snapshot
- Plan Sponsor: General Mills, INC.
- Sponsor EIN: 410274440
- Sponsor Address: ONE GENERAL MILLS BOULEVARD, MO2-E, MINNEAPOLIS, MN, 554261348
- Plan Type: DB
- Total Participants: 1,888
- Total Assets: $3.7B
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 | 1,888 | $3.7B | $0 | $0 |
| 2023 | 2,007 | $4.0B | $0 | $0 |
| 2022 | 383 | $2.7B | $0 | $0 |
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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS | NONE | $1,119,004 | — | $1,119,004 |
| GENERAL MILLS, INC. | PLAN ADMINISTRATOR | $459,105 | — | $459,105 |
| THE BANK OF NEW YORK MELLON | NONE | $428,757 | — | $428,757 |
| AON CONSULTING, INC. | NONE | $281,591 | — | $281,591 |
| KPMG, LLP | NONE | $138,002 | — | $138,002 |
| REFINITIV EIKON | NONE | $40,243 | — | $40,243 |
| XEROX CORPORATION | NONE | $22,642 | — | $22,642 |
| DELOITTE & TOUCHE | NONE | $17,945 | — | $17,945 |
| CBIZ | NONE | $15,000 | — | $15,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS — NONE
- AON CONSULTING, INC. — NONE
- KPMG, LLP — NONE
- DELOITTE & TOUCHE — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,522,289
- Estimated Expense Ratio: 0.068% 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 | $4,789,570 | — | $54,814 | $170,947 | — |
| 2023 | $4,026,743 | — | $189,895 | $117,069 | — |
| 2022 | $3,450,793 | — | $647,190 | — | $611,391 |