diff --git a/salt/minion.py b/salt/minion.py
index 4a3e0711a30b..d1c0c00751a2 100644
--- a/salt/minion.py
+++ b/salt/minion.py
@@ -456,7 +456,7 @@ def gen_modules(self, initial_load=False):
 #        self.matcher = Matcher(self.opts, self.functions)
         self.matchers = salt.loader.matchers(self.opts)
         self.functions['sys.reload_modules'] = self.gen_modules
-        self.executors = salt.loader.executors(self.opts)
+        self.executors = salt.loader.executors(self.opts, self.functions)
 
     @staticmethod
     def process_schedule(minion, loop_interval):
diff --git a/tests/unit/test_minion.py b/tests/unit/test_minion.py
index c4cfff9b0bbe..90b529201816 100644
--- a/tests/unit/test_minion.py
+++ b/tests/unit/test_minion.py
@@ -293,6 +293,27 @@ def test_minion_retry_dns_count(self):
             self.assertRaises(SaltMasterUnresolvableError,
                               salt.minion.resolve_dns, __opts__)
 
+    def test_gen_modules_executors(self):
+        '''
+        Ensure gen_modules is called with the correct arguments #54429
+        '''
+        mock_opts = self.get_config('minion', from_scratch=True)
+        io_loop = tornado.ioloop.IOLoop()
+        io_loop.make_current()
+        minion = salt.minion.Minion(mock_opts, io_loop=io_loop)
+
+        class MockPillarCompiler(object):
+            def compile_pillar(self):
+                return {}
+
+        try:
+            with patch('salt.pillar.get_pillar', return_value=MockPillarCompiler()):
+                with patch('salt.loader.executors') as execmock:
+                    minion.gen_modules()
+            assert execmock.called_with(minion.opts, minion.functions)
+        finally:
+            minion.destroy()
+
 
 @skipIf(NO_MOCK, NO_MOCK_REASON)
 class MinionAsyncTestCase(TestCase, AdaptedConfigurationTestCaseMixin, tornado.testing.AsyncTestCase):