Transcription of Summary Plan Description General Mills 401(k) Plan
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Summary plan Description General Mills 401(k) plan 401(k) + Pension Program January 2022 2540112 Benefits Service Center My Benefits Employees -1-888-200-5555 Other participants -1-877-430-4015 1/2022 TABLE OF CONTENTS Page 4 INTRODUCTION Page 5 ELIGIBILITY and ENROLLMENT My Benefits and the Benefit Service Center Eligibility and Enrollment Transfers Page 8 YOUR CONTRIBUTIONS Your Contributions Rollover Contributions Page 13 COMPANY MATCH and VARIABLE MATCH Company Match Variable Match Vesting Page 17 INVESTMENTS Investment Elections Investment Funds Target Retirement Date Funds Core Funds Company Stock Personal Choice Retirement Account (PCRA) Fund Transfers and Restrictions Qualified Default Investment Alternative (QDIA) Diversification Investment Materials Importance of Fees Page 27 INVESTMENT ADVICE Online Advice Professional Management Page 29 ACCESS TO YOUR ACCOUNT DURING EMPLOYMENT Loans In-Service Withdrawals Restrictions on Your Account 3 Benefits Service Center My Benefits Employees -1-888-200-5555 Other participants -1-877-430-4015 1/2022 Page 37 ACCESS TO YOUR
This is a summary of the General Mills 401(k) Plan (the “Plan”) for both: • Non-union production employees with a hire date before January 1, 2018, and • Non-union, non-production employees (e.g. salaried and non-exempt) hired on and before
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