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Original filing (PDF)20251015095522NAL0002108211001
GENERAL MILLS, INC.
Form 5500
FILING_RECEIVED
GENERAL MILLS 401(K) PLAN
401(k) retirement plan
Signals · 4
94% in single holding94% employer stockNo recordkeeper disclosed8 service providers
Active participants
16,628
Accounts w/ balance
23,783
Plan assets (EOY)
$5.0B
Net assets (EOY)
$5.0B
How this plan invests
This plan
20 pooled trusts
Schedule D
4 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 Investment Trust Investments in three pooled funds that consist of Investment Trust investment accounts and investments in common stock of the Company" is 94% of plan.
- 94% of plan in employer / sponsor stock.
- 9 bps in Schedule C fees — 79% 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
NUMBER 1 GENERAL MILLS BLVD BT02-C · MINNEAPOLIS, MN · 55426
Phone
(763) 764-7600
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2H · Partial participant-directed accounts
2I · Stock bonus
2J · 401(k) feature
2K · 401(m) arrangement
2P · Leveraged ESOP
2R · Participant-directed brokerage (SDBA)
2S · Automatic enrollment
2T · Default investment account (QDIA)
3F · Sponsor used leased employees
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
KPMG LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
8 rowsTPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| GENERAL MILLS, INC. | 41-0274440 | — | PLAN ADMINISTRATOR | $599K | — |
Other
7| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ALIGHT FINANCIAL ADVISORS, LLC | 82-1061233 | — | NONE | $1.8M | — |
| ALIGHT SOLUTIONS | 86-1849232 | — | NONE | $1.1M | — |
| THE BANK OF NEW YORK MELLON | 13-5160382 | — | NONE | $432K | — |
| BLACKROCK INSTITUTIONAL TRUST | 94-3112180 | — | NONE | $206K | — |
| STATE STREET BANK AND TRUST | 04-1867445 | — | NONE | $200K | — |
| KPMG, LLP | 13-5565207 | — | NONE | $155K | — |
| REFINITIV EIKON | 20-4530702 | — | NONE | $44K | — |
Investments
4 direct securities · 20 pooled funds· $9.4B(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
$5.0B
4 holdings
Common Collective Trust
$2.8B
15 holdings
Master Trust
$1.5B
5 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Plan’s interest in Investment Trust Investments in three pooled funds that consist of Investment Trust investment accounts and investments in common stock of the Company | — | — | — | $4.7B | 93.6% | |
| GMI INVESTMENT TRUST-POOLED EQUITY GENERAL MILLS, INC. · EIN 04-6736583 / PN 001 | Master Trust | — | — | $987.2M | 19.6% | |
| RUSSELL 3000 INDEX NL FUND M BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 82-2579555 / PN 001 | Common Collective Trust | — | — | $697.4M | 13.8% | |
| GMI POOLED SAVINGS FIXED FUND GENERAL MILLS, INC. · EIN 04-6736853 / PN 024 | Master Trust | — | — | $338.9M | 6.7% | |
| TARGET RETIREMENT 2040 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735971 / PN 001 | Common Collective Trust | — | — | $264.4M | 5.2% | |
| Directed brokerage fund Directed brokerage fund with investments directed by participants in the Plan | — | — | — | $263.6M | 5.2% | |
| US DEBT INDEX NON-LENDABLE FUND F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 26-4086131 / PN 001 | Common Collective Trust | — | — | $258.9M | 5.1% | |
| TARGET RETIREMENT 2035 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735965 / PN 001 | Common Collective Trust | — | — | $227.9M | 4.5% | |
| TARGET RETIREMENT 2050 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735976 / PN 001 | Common Collective Trust | — | — | $217.0M | 4.3% | |
| TARGET RETIREMENT 2045 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735972 / PN 001 | Common Collective Trust | — | — | $209.3M | 4.2% | |
| TARGET RETIREMENT 2030 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735964 / PN 001 | Common Collective Trust | — | — | $190.7M | 3.8% | |
| GMI INVESTMENT TRUST-POOLED INTL. GENERAL MILLS, INC. · EIN 04-6736853 / PN 002 | Master Trust | — | — | $188.9M | 3.7% | |
| BLACKROCK MSCI ACWI EX-US IMI INDEX BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 45-2912262 / PN 001 | Common Collective Trust | — | — | $185.9M | 3.7% | |
| TARGET RETIREMENT 2055 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735978 / PN 001 | Common Collective Trust | — | — | $167.7M | 3.3% | |
| TARGET RETIREMENT 2025 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735963 / PN 001 | Common Collective Trust | — | — | $132.5M | 2.6% | |
| TARGET RETIREMENT 2060 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 45-3799736 / PN 001 | Common Collective Trust | — | — | $86.5M | 1.7% | |
| TARGET RETIREMENT 2020 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735899 / PN 001 | Common Collective Trust | — | — | $56.8M | 1.1% | |
| TARGET RET DATE INCOME TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735883 / PN 001 | Common Collective Trust | — | — | $55.0M | 1.1% | |
| TARGET RETIREMENT 2065 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 82-6204383 / PN 001 | Common Collective Trust | — | — | $49.4M | 1.0% | |
| maturities through October 2034) — | — | — | — | $31.7M | 0.6% | |
| GENERAL MILLS GROUP TRUST-PPEF GENERAL MILLS, INC. · EIN 41-1939866 / PN 003 | Master Trust | — | — | $10.0M | 0.2% | |
| GENERAL MILLS GROUP TRUST-PRAF GENERAL MILLS, INC. · EIN 41-1939866 / PN 005 | Master Trust | — | — | $10.0M | 0.2% | |
| TARGET RETIREMENT 2070 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 88-6095930 / PN 001 | Common Collective Trust | — | — | $6.8M | 0.1% | |
| Notes receivable from participants | — | — | — | $4K | <0.1% |
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