DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

General Mills Pension Plan

Corporate pensionMinneapolis, MN
Assets
$1.5B
Total assets, Dec 31, 2024 reported
Funded
98.4%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
0
none on the tape
Plan sponsor: General Mills, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.4%
  • Master trust investment accounts 99.6%
Consultants and advisers
4 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
No manager relationship is on the tape for this allocator.
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
30 readings
Total assets
$1.5B Dec 31, 2024 reported Form 5500
$1.6B (2023-12) · $2.9B (2022-12)
Plan assets
$1.6B Jan 1, 2024 reported Form 5500
$2.9B (2023-01) · $4.0B (2022-01)
Net assets
$1.5B Dec 31, 2024 reported Form 5500
$1.6B (2023-12) · $2.9B (2022-12)
Funded ratio
98.4% Jan 1, 2024 reported Form 5500
89.7% (2023-01) · 110.1% (2022-01)
Funding target
$1.6B Jan 1, 2024 reported Form 5500
$2.7B (2023-01) · $2.6B (2022-01)
Discount rate
5.18% Jan 1, 2024 reported Form 5500
5.32% (2023-01) · 5.48% (2022-01)
Participants
16,975 Jan 1, 2024 reported Form 5500
22,177 (2023-01) · 22,732 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$417,000 (2023-12) · $1.4M (2022-12)
Benefits paid
$122M Dec 31, 2024 reported Form 5500
$140M (2023-12) · $164M (2022-12)
Net investment income
$-112M Dec 31, 2024 reported Form 5500
$17.6M (2023-12) · $-1.1B (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202416,975$1.6B$1.6B98.4%$1.5Bn/a$1.5Bn/a
2023 to Dec 31, 202322,177$2.9B$2.7B89.7%$1.6Bn/a$1.6Bn/a
2022 to Dec 31, 202222,732$4.0B$2.6B110.1%$2.9Bn/a$2.9Bn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Alight Solutions codes 13 15 36 37 38 49 50 57 64 $778,141 PY2024
  • AON Consulting Inc. codes 11 50 $489,657 PY2024
  • The Bank of New York Mellon codes 19 21 49 50 65 $328,870 PY2024
  • General Mills, Inc codes 14 15 35 38 49 50 $245,429 PY2024
  • Kpmg, LLP codes 10 50 $56,298 PY2024
  • Xerox Corporation codes 36 49 50 $35,650 PY2024
  • Deloitte & Touche codes 10 50 $20,545 PY2024
  • Refinitiv Eikon codes 49 50 $20,206 PY2024
  • Cbiz codes 10 50 $15,000 PY2024
  • GMI Investment Trust-Pooled Equity Sched. D M $258M PY2024
  • GMI Investment Trust-Pooled Intl. Sched. D M $133M PY2024
  • General Mills Group Trust-Ppef Sched. D M $192M PY2024
  • General Mills Group Trust-Pff Sched. D M $481M PY2024
  • General Mills Group Trust-Praf Sched. D M $218M PY2024
  • General Mills Group Trust-Int Asset Sched. D M $4.2M PY2024
  • General Mills Rip Hedging Sched. D M $227M PY2024
  • AON Consulting Inc. codes 11 PY2024
  • Alight Solutions codes 13 15 36 37 38 49 50 57 64 $949,298 PY2023
  • The Bank of New York Mellon codes 19 21 49 50 65 $499,881 PY2023
  • General Mills, Inc codes 14 15 35 38 49 50 $386,423 PY2023
  • AON Consulting Inc. codes 11 50 $254,675 PY2023
  • Kpmg, LLP codes 10 50 $100,412 PY2023
  • Refinitiv Eikon codes 49 50 $23,347 PY2023
  • Xerox Corporation codes 36 49 50 $10,286 PY2023
  • Cbiz codes 10 50 $6,896 PY2023
  • General Mills Group Trust-Int Asset Sched. D M $1.7M PY2023
  • GMI Investment Trust-Pooled Equity Sched. D M $223M PY2023
  • GMI Investment Trust-Pooled Intl. Sched. D M $124M PY2023
  • General Mills Rip Hedging Sched. D M $322M PY2023
  • General Mills Group Trust-Ppef Sched. D M $214M PY2023
  • General Mills Group Trust-Pff Sched. D M $511M PY2023
  • General Mills Group Trust-Praf Sched. D M $234M PY2023
  • AON Consulting Inc. codes 11 PY2023
  • Alight Solutions codes 12 13 15 36 38 49 50 $867,088 PY2022
  • General Mills, Inc codes 14 15 27 35 38 49 50 $529,782 PY2022
  • The Bank of New York Mellon codes 19 21 50 65 $427,905 PY2022
  • AON Consulting Inc. codes 11 50 $138,627 PY2022
  • Kpmg, LLP codes 10 50 $89,294 PY2022
  • Xerox Corporation codes 36 49 50 $28,668 PY2022
  • Refinitiv Eikon codes 49 50 $25,231 PY2022
  • Cbiz codes 10 50 $21,750 PY2022
  • General Mills Rip Hedging Sched. D M $504M PY2022
  • GMI Investment Trust-Pooled Equity Sched. D M $370M PY2022
  • GMI Investment Trust-Pooled Intl. Sched. D M $223M PY2022
  • General Mills Group Trust-Ppef Sched. D M $361M PY2022
  • General Mills Group Trust-Pff Sched. D M $945M PY2022
  • General Mills Group Trust-Praf Sched. D M $448M PY2022
  • General Mills Group Trust-Int Asset Sched. D M $3.6M PY2022
  • AON Consulting Inc. codes 11 PY2022
What changed
6 events
  • Jan 1, 2024Funded status changed
    General Mills Pension Plan funded ratio 89.7% -> 98.4% (2023-01-01 to 2024-01-01)
  • Jan 1, 2024Assets changed
    General Mills Pension Plan plan assets $2.9B -> $1.6B (-42.9%, 2023-01-01 to 2024-01-01)
  • Dec 31, 2023Consultant changedinference
    General Mills, Inc no longer appears on General Mills Pension Plan's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)
    with General Mills, Inc.askebsa.dol.gov
  • Dec 31, 2023Assets changed
    General Mills Pension Plan total assets $2.9B -> $1.6B (-42.9%, 2022-12-31 to 2023-12-31)
  • Jan 1, 2023Funded status changed
    General Mills Pension Plan funded ratio 110.1% -> 89.7% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    General Mills Pension Plan plan assets $4.0B -> $2.9B (-28.4%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 410274440-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.