Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

GENERAL MILLS PENSION PLAN I

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

GENERAL MILLS, INC.

This Defined Benefit (Pension) plan holds $4.0B in total assets and serves 383 participants as of 2023. It is sponsored by GENERAL MILLS, INC. in Minnesota. The plan reported positive net income of $24M for the year.

Total Assets (2023)
$4.0B
Participants
383
State
Industry
Manufacturing

What the Filing Says About GENERAL MILLS PENSION PLAN I

GENERAL MILLS PENSION PLAN I is a Defined Benefit (Pension) retirement plan sponsored by GENERAL MILLS, INC., headquartered in Minnesota. As of the 2023 Form 5500 filing, the plan reports $4.0B in total end-of-year assets and covers 383 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 410274440, and the plan has been effective since 2018-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2.7B at the beginning of 2023 to $4.0B at year-end — a gain of 46.5%. Net assets (after liabilities) closed the year at $4.0B, with reported net income of $24M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$2.7B
Total Assets (End of Year)$4.0B
Net Assets (End of Year)$4.0B
Net Income$24M
Plan TypeDefined Benefit (Pension)
Employer EIN410274440
Plan Effective Date2018-06-01
Filing StatusFILING 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

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Frequently Asked Questions

How much money is in the GENERAL MILLS PENSION PLAN I?
As of the 2023 Form 5500 filing, GENERAL MILLS PENSION PLAN I holds $4.0B in total assets with 383 participants. It is sponsored by GENERAL MILLS, INC..
What type of plan is GENERAL MILLS PENSION PLAN I?
GENERAL MILLS PENSION PLAN I is a Defined Benefit (Pension) plan. It has been effective since 2018-06-01. The plan is filed with the U.S. Department of Labor under EIN 410274440.
Who sponsors the GENERAL MILLS PENSION PLAN I?
GENERAL MILLS PENSION PLAN I is sponsored by GENERAL MILLS, INC., located in Minnesota. The sponsor's EIN is 410274440 and the plan operates in the Manufacturing industry.
How did GENERAL MILLS PENSION PLAN I perform in 2023?
GENERAL MILLS PENSION PLAN I grew by 46.5% during 2023, moving from $2.7B to $4.0B in total assets. Net income was $24M.
Where can I find official filings for GENERAL MILLS PENSION PLAN I?
Official Form 5500 filings for GENERAL MILLS PENSION PLAN I are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 410274440 or plan name at efast.dol.gov.
How does GENERAL MILLS PENSION PLAN I compare to other plans?
You can compare GENERAL MILLS PENSION PLAN I against other Defined Benefit (Pension) plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 410274440.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.