Defined Benefit (Pension) · DOL Form 5500 · 2022
General Mills, Inc. Pension Plan
Data updated 2026-08-11
- $2.7B
- Total assets
- 423
- Participants
- 100th
- Percentile by assets
- $6.4M
- Avg per participant
Official DOL plan name: General Mills Pension Plan I · Sponsored by General Mills, Inc. · Minnesota · Manufacturing
$2.7B in assets, 423 participants
General Mills, Inc.'s General Mills Pension Plan I reported $2.7B in total assets and 423 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.
- 100th percentile by assets (of 139,126 plans)
- #20,436 in Manufacturing (20,602 peers)
Coverage in Minnesota
General Mills Pension Plan I covers 423 participants in Minnesota, about 38% of the average Minnesota filer (state average ~1,126 per filing). Assets: $2.7B.
- $2.7B
- total plan assets (2022 EOY)
- 423
- covered participants
- 100th
- percentile by assets (of 139,126 plans)
- $6.4M
- avg assets per participant
The plan reported a net loss of $959M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where General Mills Pension Plan I sits by total assets
General Mills Pension Plan I vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$2,723,717,144 Top 1% higher than 100% 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
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. General Mills Pension Plan I reports 423 participants - about 38% of that state average ($2.7B EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $3.7B |
|---|---|
| Net Assets (End of Year) | $2.7B |
| Net Income | -$959M |
| Employer EIN | 410274440 |
| Plan Effective Date | 2018-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (General Mills, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 21,748 | $9.7B |
| 2023 | 4 | 21,778 | $10.2B |
| 2024 | 4 | 22,170 | $10.3B |
Nearby Defined Benefit (Pension) Plans in Minnesota
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
General Mills Pension Plan I vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
- 3M Employee Retirement Income Plan $14.0B · 12,160
- Mayo Pension Plan $10.3B · 66,434
- The Travelers Pension Plan $3.9B · 25,144
- U.S. Bank Pension Plan $3.7B · 55,836
- Target Corporation Pension Plan $3.3B · 50,515
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to General Mills Pension Plan I by total assets, not by location.
- Aftra Retirement Plan (NY) $2.7B · 17,771
- Union Carbide Employees' Pension Plan (MI) $2.7B · 1,772
- Corning Incorporated Pension Plan (NY) $2.7B · 16,541
- Bjc Pension Plan (MO) $2.8B · 19,132
Frequently Asked Questions
How did General Mills Pension Plan I assets move in 2022? ▼
How have General Mills, Inc. plan assets changed over time? ▼
Where does General Mills Pension Plan I rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to General Mills Pension Plan I? ▼
Next read for General Mills Pension Plan I
Filing takeaways
Ways to act on General Mills Pension Plan I's numbers.
- By total assets, General Mills Pension Plan I ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
- General Mills, Inc.'s sponsor-wide assets have grown 5.6% since 2022 across 3 plan years on file. More Manufacturing plans