Operating Expenses
Defined Contribution Plan Expense
General Mills Defined Contribution Plan Expense remained flat by 0.0% to $24.03M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $23.50M to $24.03M. Over 4 years (FY 2021 to FY 2025), Defined Contribution Plan Expense shows an upward trend with a 6.0% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
How to read this metric
An increase generally correlates with higher headcount or improved benefit packages, while a decrease may signal cost-cutting or reduced matching.
Detailed definition
The total cost recognized by the company for contributions made to employee defined contribution plans, such as 401(k) m...
Peer comparison
Standard operating expense for all large-scale employers; usually scales with total payroll.
Metric ID:
msft_defined_contribution_plan_expenseHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $76.10M | $90.10M | $97.20M | $94.00M | $96.10M |
| YoY Change | — | +18.4% | +7.9% | -3.3% | +2.2% |
Range$76.10M – $97.20M
CAGR+6.0%
Avg YoY Growth+6.3%
Median YoY Growth+5.1%
Defined Contribution Plan Expense at Other Companies
Frequently Asked Questions
- What is General Mills's defined contribution plan expense?
- General Mills (GIS) reported defined contribution plan expense of $24.03M in Q1 2025.
- How has General Mills's defined contribution plan expense changed year-over-year?
- General Mills's defined contribution plan expense increased by 2.2% year-over-year, from $23.50M to $24.03M.
- What is the long-term trend for General Mills's defined contribution plan expense?
- Over 4 years (2021 to 2025), General Mills's defined contribution plan expense has grown at a 6.0% compound annual growth rate (CAGR), from $76.10M to $96.10M.
- What does defined contribution plan expense mean?
- The cost of company contributions to employee retirement savings plans.