401(k) · DOL Form 5500 · 2024
General Mills, Inc. 401(k) Plan
Data updated 2026-07-24
- $5.0B
- Total assets
- 15,321
- Participants
- 100th
- Percentile by assets
- $329,040
- Avg per participant
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.
- 100th percentile by assets (of 116,472 plans)
Coverage in Minnesota
General Mills 401(k) Plan covers 15,321 participants in Minnesota, 13x the typical Minnesota plan (state average ~1,161 per filing). Assets: $5.0B.
- $5.0B
- total plan assets (2024 EOY)
- 15,321
- covered participants
- 100th
- percentile by assets (of 116,472 plans)
- $329,040
- avg assets per participant
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.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. General Mills 401(k) Plan reports 15,321 participants - 13x that state average ($5.0B EOY assets).
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.)
| 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.
General Mills 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to General Mills 401(k) Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did General Mills 401(k) Plan assets move in 2024? ▼
How have General Mills, Inc. plan assets changed over time? ▼
Where does General Mills 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to General Mills 401(k) Plan? ▼
Next read for General Mills 401(k) Plan
Filing takeaways
Ways to act on General Mills 401(k) Plan's numbers.
- By total assets, General Mills 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) 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
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410274440.
Read our methodology - how this data is sourced, computed, and verified.