401(k) · DOL Form 5500 · 2024
General Mills, Inc. 401(k) Plan
Data updated 2026-08-25
- $5.0B
- Total assets Very large vs avg
- 15,321
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $329,040
- Avg per participant High balance/head
Official DOL plan name: General Mills 401(k) Plan · Sponsored by General Mills, Inc. · Minnesota · Manufacturing
$5.0B in assets, 15,321 participants
General Mills, Inc.'s General Mills 401(k) Plan reported $5.0B in total assets and 15,321 participants in its 2024 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.
- #17,663 in Manufacturing (17,777 peers)
Coverage in Minnesota
General Mills 401(k) Plan covers 15,321 participants in Minnesota, 14x the typical Minnesota plan (state average ~1,126 per filing). Assets: $5.0B.
- #17,663
- in Manufacturing (17,777 peers)
- +9.5%
- assets growth YoY
- 51×
- vs typical plan assets (national mean)
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 2024 · DOL Form 5500
$5,041,221,350 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
General Mills 401(k) Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. General Mills 401(k) Plan is a mega filing (15,321 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- General Mills 401(k) Plan end-of-year assets rose from $4.6B in the plan year 2023 filing to $5.0B in the plan year 2024 filing.
- General Mills 401(k) Plan reported net income fell from $458M in the plan year 2023 filing to $432M in the plan year 2024 filing.
- General Mills 401(k) Plan reported participants rose from 14,536 in the plan year 2023 filing to 15,321 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 410274440 · General Mills, Inc. PY 2024 · 401(k)
General Mills 401(k) Plan · $5.0B · 15,321 · 100th
- IND $5.0B
- IND 15,321
- IND 100th
- IND 401(k)
- IND near Adobe Inc. 401(k) Retirement Savings Plan
- IND ind #17663
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) | $4.6B |
|---|---|
| Net Assets (End of Year) | $5.0B |
| Net Income | $432M |
| 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.
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Scale composition for General Mills 401(k) Plan
General Mills 401(k) Plan reports $5.0B in end-of-year assets across 15,321 participants (0.041% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.016% of 93,925,755 covered participants) - about $329,040 per participant (2.4x the national average assets-per-participant) . Net income for plan year 2024 was $432M.
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 | Open filing |
| 2023 | 14,536 | $4.6B | Open filing |
| 2024 · index core | 15,321 | $5.0B | This page |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- 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 Adobe Inc. 401(k) Retirement Savings Plan in CA ($5.0B); by covered participants it is Halliburton Retirement and Savings Plan in TX (15,306 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($5.0B here).
- Adobe Inc. 401(k) Retirement Savings Plan (CA) $5.0B · 14,863
- Schneider Electric 401(k) Plan (IL) $5.1B · 18,591
- International Paper Company Salaried Savings Plan (TN) $5.0B · 12,564
- Farmers Group, Inc. 401(k) Savings Plan (CA) $5.0B · 19,026
Similar participant headcount
Nearest other-state filings by covered participants (15,321 participants); asset peers above are excluded.
- Halliburton Retirement and Savings Plan (TX) 15,306 · 15 off
- Rock Holdings & Associated Companies Savings Plan (MI) 15,298 · 23 off
- Southern District Ubc Defined Contribution Fund (TN) 15,271 · 50 off
- First-Citizens Bank & Trust Company 401(k) Plan (NC) 15,251 · 70 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.