Money Purchase · DOL Form 5500 · 2024

General Mills, Inc. Money Purchase Plan

Data updated 2026-08-06

$20M
Total assets
445
Participants
70th
Percentile by assets
$43,887
Avg per participant
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Official DOL plan name: Wellston Retirement Plan for Members of Ufcw District Union Local 1059 · Sponsored by General Mills, Inc. · Minnesota · Manufacturing

$20M in assets, 445 participants

General Mills, Inc.'s Wellston Retirement Plan for Members of Ufcw District Union Local 1059 reported $20M in total assets and 445 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • 70th percentile by assets (of 116,472 plans)
  • #9,953 in Manufacturing (16,886 peers)

Coverage in Minnesota

Wellston Retirement Plan for Members of Ufcw District Union Local 1059 covers 445 participants in Minnesota, about 38% of the average Minnesota filer (state average ~1,161 per filing). Assets: $20M.

$20M
total plan assets (2024 EOY)
445
covered participants
70th
percentile by assets (of 116,472 plans)
$43,887
avg assets per participant

The plan reported a net loss of $466K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Wellston Retirement Plan for Members of Ufcw District Union Local 1059 reported net income fell from $866K in the plan year 2023 filing to -$466K in the plan year 2024 filing.
  • Wellston Retirement Plan for Members of Ufcw District Union Local 1059 reported participants fell from 485 in the plan year 2023 filing to 445 in the plan year 2024 filing.
  • Wellston Retirement Plan for Members of Ufcw District Union Local 1059 end-of-year assets fell from $20M in the plan year 2023 filing to $20M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Wellston Retirement Plan for Members of Ufcw District Union Local 1059 reports 445 participants - about 38% of that state average ($20M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$20M
Net Income-$466K
Employer EIN410274440
Plan Effective Date1984-01-15
Filing StatusFILING RECEIVED

Sponsor Plan History (General Mills, Inc.)

$9.6B$9.8B$10B$10.2B$10.4B 202220232024 $9.74B $10.3B ▲ +5.6%
Total plan assets by year, all General Mills, Inc. plans on file
Year Plans Participants Total Assets
2022 4 21,748 $9.7B
2023 4 21,778 $10.2B
2024 4 22,170 $10.3B

Nearby Money Purchase Plans in Minnesota

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Wellston Retirement Plan for Members of Ufcw District Union Local 1059 vs. nearby Money Purchase plans in Minnesota, assets vs. participants

Wellston Retirement Plan for Members of Ufcw District Union Local 1059 vs. nearby Money Purchase plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -1000100200300400500 Total assets ($M) Participants Wellston Retirement …Thrivent Capital Acc…Boilermakers Lodge 1…Central Iowa Carpent…Presbyterian Homes a…Minneapolis Operativ…
Wellston Retirement Plan for Members of Ufcw District Union Local 1059 vs. nearby Money Purchase plans in Minnesota, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Wellston Retirement Plan for Members of Ufcw District Union Local 1059 by total assets, not by location.

Frequently Asked Questions

How did Wellston Retirement Plan for Members of Ufcw District Union Local 1059 assets move in 2024?
Wellston Retirement Plan for Members of Ufcw District Union Local 1059 edged down modestly - down 2.3% during 2024, from $20M to $20M. Reported net income was -$466K.
How have General Mills, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), General Mills, Inc.'s sponsor-wide assets grew 5.6%, from $9.7B to $10.3B.
Which Money Purchase plans are similar in size to Wellston Retirement Plan for Members of Ufcw District Union Local 1059?
Among Money Purchase plans in other states, the closest by assets is Oxfam America Retirement Plan in MA ($20M, 230 participants).

Next read for Wellston Retirement Plan for Members of …

Filing takeaways

Ways to act on Wellston Retirement Plan for Members of Ufcw District Union Local 1059's numbers.

  • By total assets, Wellston Retirement Plan for Members of Ufcw District Union Local 1059 ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase 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