General Mills 401(k) Plan Breach of Fiduciary Duty Complaint

October 14, 2022

The complaint for this class action alleges that the those responsible for the General Mills 401(k) Plan—its fiduciaries—did not fulfill the duties they owed the plan in that role. Claiming they spent too much on recordkeeping and administrative (RKA) fees and engaged in self-dealing, it brings suit against General Mills, Inc., its board of directors, its Benefits Finance Committee, and Christopher Brunson, its plan administrator, under the Employee Retirement Income Security Act (ERISA).