401(k) · DOL Form 5500 · 2022
General Mills, Inc. 401(k) Plan
Data updated 2026-08-25
- $4.1B
- Total assets Very large vs avg
- 13,940
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $297,390
- Avg per participant High balance/head
Official DOL plan name: General Mills 401(k) Plan · Sponsored by General Mills, Inc. · Minnesota · Manufacturing
$4.1B in assets, 13,940 participants
General Mills, Inc.'s General Mills 401(k) Plan reported $4.1B in total assets and 13,940 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #20,488 in Manufacturing (20,602 peers)
Coverage in Minnesota
General Mills 401(k) Plan covers 13,940 participants in Minnesota, 12x the typical Minnesota plan (state average ~1,126 per filing). Assets: $4.1B.
- #20,488
- in Manufacturing (20,602 peers)
- -14.0%
- assets change YoY
- 42×
- vs typical plan assets (national mean)
The plan reported a net loss of $672M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
General Mills 401(k) Plan's outsized position by total assets
General Mills 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$4,145,610,606 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
General Mills 401(k) Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. General Mills 401(k) Plan is a mega filing (13,940 participants), the rightmost band on the breakdown.
EBSA filing schedule strip
Filing strip 410274440 · General Mills, Inc. PY 2022 · 401(k)
General Mills 401(k) Plan · $4.1B · 13,940 · 100th
- NET $4.1B
- NET 13,940
- NET 100th
- NET 401(k)
- NET near Applied Materials, Inc. Employee Savings & Retirement Plan
- NET ind #20488
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Minnesota →
General Mills 401(k) Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $4.8B |
|---|---|
| Net Assets (End of Year) | $4.1B |
| Net Income | -$672M |
| Employer EIN | 410274440 |
| Plan Effective Date | 1969-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (General Mills, Inc.)
Sponsor-wide plan assets over time
All General Mills, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $10.3B 5.579300432228008% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 21,748 | $9.7B |
| 2023 | 4 | 21,778 | $10.2B |
| 2024 | 4 | 22,170 | $10.3B |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
Scale composition for General Mills 401(k) Plan
General Mills 401(k) Plan reports $4.1B in end-of-year assets across 13,940 participants (0.034% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $297,390 per participant (2.2x the national average assets-per-participant) . Net income for plan year 2022 was -$672M.
This plan identity (EIN 410274440, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.1B to $5.0B (+21.6%) while covered participants moved from 13,940 to 15,321 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 13,940 | $4.1B | This page |
| 2023 | 14,536 | $4.6B | Open filing |
| 2024 · index core | 15,321 | $5.0B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- General Mills 401(k) Plan (401(k), $5.0B, 15,321 participants)
- General Mills Pension Plan I (Defined Benefit (Pension), $3.7B, 2,007 participants)
- General Mills Pension Plan (Defined Benefit (Pension), $1.5B, 4,397 participants)
General Mills 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Applied Materials, Inc. Employee Savings & Retirement Plan in CA ($4.1B); by covered participants it is Hp Inc. 401(k) Plan in TX (13,940 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($4.1B here).
- Applied Materials, Inc. Employee Savings & Retirement Plan (CA) $4.1B · 12,050
- International Paper Company Salaried Savings Plan (TN) $4.2B · 11,839
- Farmers Group, Inc. 401(k) Savings Plan (CA) $4.1B · 22,423
- New York Life Insurance Company Employee Progress-Sharing Investment Plan (NY) $4.1B · 12,370
Similar participant headcount
Nearest other-state filings by covered participants (13,940 participants); asset peers above are excluded.
- Hp Inc. 401(k) Plan (TX) 13,940 · 0 off
- Verizon Savings & Security Plan for New York and New England Associates (NJ) 13,933 · 7 off
- Sunbelt Rentals, Inc. Retirement Savings Plan (SC) 13,915 · 25 off
- Forest River, Inc. 401(k) Plan (IN) 13,979 · 39 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.