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Original filing (PDF)20251015164400NAL0005165857001

GENERAL MILLS, INC.

Form 5500
FILING_RECEIVED
GENERAL MILLS PENSION PLAN
Defined-benefit pension plan
Signals · 4
100% in single holding100% employer stockNo recordkeeper disclosed9 service providers
Active participants
4,151
Accounts w/ balance
Plan assets (EOY)
$1.5B
Net assets (EOY)
$1.5B
How this plan invests
This plan
7 pooled trusts
Schedule D
2 securities
funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)
79
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
50
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
  • Top holding "Plan’s interest in General Mills Master Trusts Investments in two Master Trust accounts that consist of pooled funds and investments in common stock of the Company" is 100% of plan.
  • 100% of plan in employer / sponsor stock.
  • 13 bps in Schedule C fees — 162% above peer band of 5 bps.
  • No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for GENERAL MILLS, INC..
Plan sponsor
Name
GENERAL MILLS, INC.
EIN
41-0274440
Address
ONE GENERAL MILLS BOULEVARD, MO2-E · MINNEAPOLIS, MN · 554261348
Phone
(877) 430-4015
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
1A · Pay-related DB formula
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
KPMG LLP
Trustee / custodian
Trustee phone

Service providers (Schedule C)

9 rows
TPA / Administrator
1
NameEINLocationRelationDirect compIndirect comp
GENERAL MILLS, INC41-0274440PLAN ADMINISTRATOR$245K
Other
8
NameEINLocationRelationDirect compIndirect comp
ALIGHT SOLUTIONS86-1849232NONE$778K
AON CONSULTING INC.22-2232264NONE$490K
THE BANK OF NEW YORK MELLON13-5160382NONE$329K
KPMG, LLP13-5565207NONE$56K
XEROX CORPORATION16-0468020NONE$36K
DELOITTE & TOUCHE13-3891517NONE$21K
REFINITIV EIKON20-4530702NONE$20K
CBIZ20-1128317NONE$15K

Investments

2 direct securities · 7 pooled funds· $3.0B(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Uncategorized
$1.5B
2 holdings
Master Trust
$1.5B
7 holdings
PIInvestmentTypeShares / unitsCostCurrent value% of plan
Plan’s interest in General Mills Master Trusts Investments in two Master Trust accounts that consist of pooled funds and investments in common stock of the Company$1.4B$1.5B99.6%
GENERAL MILLS GROUP TRUST-PFF
GENERAL MILLS, INC. · EIN 41-1939866 / PN 004
Master Trust
$480.6M31.7%
GMI INVESTMENT TRUST-POOLED EQUITY
GENERAL MILLS, INC. · EIN 04-6736853 / PN 001
Master Trust
$257.5M17.0%
GENERAL MILLS RIP HEDGING
GENERAL MILLS, INC. · EIN 41-1939866 / PN 039
Master Trust
$227.1M15.0%
GENERAL MILLS GROUP TRUST-PRAF
GENERAL MILLS, INC. · EIN 41-1939866 / PN 005
Master Trust
$217.5M14.3%
GENERAL MILLS GROUP TRUST-PPEF
GENERAL MILLS, INC. · EIN 41-1939866 / PN 003
Master Trust
$191.8M12.6%
GMI INVESTMENT TRUST-POOLED INTL.
GENERAL MILLS, INC. · EIN 04-6736853 / PN 002
Master Trust
$132.6M8.7%
General Mills short-term investment accounts EB Temp Investment Fund$6.6M$6.6M0.4%
GENERAL MILLS GROUP TRUST-INT ASSET
GENERAL MILLS, INC. · EIN 41-1939866 / PN 043
Master Trust
$4.2M0.3%