PlanOptica
Retirement plan

WELLSTON RETIREMENT PLAN FOR MEMBERS OF UFCW DISTRICT UNION LOCAL 1059

GENERAL MILLS, INC.EIN 41-0274440Plan #054PY 2015
Sign in to saveView 5500 PDF
NUMBER 1 GENERAL MILLS BLVD BT02-C - MINNEAPOLIS, MN 55426763-764-7600generalmills.comLinkedIn10001+ employeesconsumer goods
Other plans on this EIN
4 filings
#001Retirement-$4.35B assets#002Retirement-$3.31B assets#004Retirement-$811.1M assets#033Retirement-$102.7M assets
Prospect flagsNo flags tripped

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(763) 764-7600
Plan administrator signer
RONALD DRAYTON
Signed 09/30/2016
How to read this page

Summary metrics

Total assets (EOY)
$22.7M
+3.3% from 2016
Total participants
969
+4.0% from 2016
Average account balance
$23,872
+0.9% from 2016
Annual return
0.81%
-2.29 pp from 2016

Benchmarks

See 601 peers
Peer group
Industry31 - Manufacturing
Plan typeDefined contribution
Participants250-999
Cohort601 peers
Snapshot2015
Participant deferral / active EE
$0
median $2,035
Employer contribution / active EE
$2,376
median $998
Participation rate
97.9%
median 77.0%
Avg account balance
$23,872
median $38,905
Admin fee / account holder
$2
median $44
Annual return
0.81%
median -0.04%
Overall peer rank
69th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$19.53M
Average account balance
Total assets / participants with a balance (line 6g)
$43K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
454
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
99.8%
Contributions (total)
Employer and participant dollars contributed each year
$1.88M
Contributions per participant
Average employer and participant contribution per enrolled participant
$2K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+8.55%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$4
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Top hat statement on fileNQDC

Filed June 26, 2018 (most recent of 3 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view
Number One General Mills Boulevard, M04-B
Minneapolis State: MN Zip Code: 55426
Email— Sign in and upgrade to viewPhone— Sign in and upgrade to view

Plans declared (2)

  • Supplemental Retirement Plan I of General Mills, Inc.378 emp
  • Supplemental Retirement Plan I of General Mills, Inc. (Grandfathered)874 emp

Total covered: 1,252 employees

Open the filing PDF

Plan features & details

Pension benefit codes2C
Plan features
  • 2C
    Money purchase plan
    Money purchase pension plan other than a target benefit plan.

Opportunity flags

0 tripped
No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II
Admin total
$2K
$2 / participant
  • Other / not subdivided$2K100.0%
% of EOY assets
0.007%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
KPMG LLP
Auditor EIN
135565207
Audit fees
(not subdivided)
Opinion code
Unqualified