General Mills, Inc. 401(k): best low-cost funds
General Mills 401(k) Plan · Plan #002 · Minneapolis, MN
Suggested simple Boglehead mix
The public data doesn't show enough index funds from this plan to suggest a full mix. A typical Boglehead approach: look in your menu for a US total market or S&P 500 index fund, an international index fund, and a US bond index fund, all with expense ratios under about 0.10%. Or use one low-cost target-date index fund. How the 3-fund portfolio works.
Know this plan's fund menu? Submit it and we'll add a fund-by-fund pick list.
Pooled funds named in the filing (Schedule D)
These are collective trusts and similar pooled funds the plan reported holding. Names that look like index funds are tagged index by keyword, so check them yourself. Mutual funds are not listed by name in the free data.
| Fund | Manager | Type | Plan's holding |
|---|---|---|---|
| GMI Investment Trust-pooled Equity | General Mills, Inc. | Master trust | $987.2M |
| Russell 3000 Index NL Fund M index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $697.4M |
| GMI Pooled Savings Fixed Fund | General Mills, Inc. | Master trust | $338.9M |
| Target Retirement 2040 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $264.4M |
| US Debt Index Non-lendable Fund F index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $258.9M |
| Target Retirement 2035 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $227.9M |
| Target Retirement 2050 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $217.0M |
| Target Retirement 2045 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $209.3M |
| Target Retirement 2030 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $190.7M |
| GMI Investment Trust-pooled Intl. | General Mills, Inc. | Master trust | $188.9M |
| Blackrock Msci Acwi Ex-us IMI Index index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $185.9M |
| Target Retirement 2055 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $167.7M |
| Target Retirement 2025 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $132.5M |
| Target Retirement 2060 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $86.5M |
| Target Retirement 2020 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $56.8M |
| Target RET Date Income Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $55.0M |
| Target Retirement 2065 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $49.4M |
| General Mills Group Trust-ppef | General Mills, Inc. | Master trust | $10.0M |
| General Mills Group Trust-praf | General Mills, Inc. | Master trust | $10.0M |
| Target Retirement 2070 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $6.8M |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Common/collective trusts | $2.8B | 55.7% |
| Master trusts | $1.5B | 30.4% |
| Employer securities (company stock) | $352.4M | 7.0% |
| Participant loans | $31.7M | 0.6% |
| Other investments | $263.6M | 5.2% |
Fees paid from plan assets
| Contract administrator fees | $202,268 |
| Investment advisory & management fees | $2.3M |
| Other administrative fees | $45,250 |
| Total administrative expenses | $4.6M |
Reported administrative expenses were about 0.096% of average plan assets, or about $194 per participant with a balance. This usually excludes fund expense ratios netted inside mutual funds and trusts.
Source: DOL EFAST2 Form 5500 & Schedules H/D, filing ID 20251015095522NAL0002108211001. EIN 410274440.