401(k) · DOL Form 5500 · 2022

Morningstar, Inc. 401(k) Plan

Data updated 2026-08-11

$700M
Total assets
3,089
Participants
98th
Percentile by assets
$226,618
Avg per participant
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Official DOL plan name: Morningstar, Inc. 401(k) Plan · Sponsored by Morningstar, Inc. · Illinois · Information & Media

$700M in assets, 3,089 participants

Morningstar, Inc.'s Morningstar, Inc. 401(k) Plan reported $700M in total assets and 3,089 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 98th percentile by assets (of 139,126 plans)
  • #2,824 in Information & Media (2,911 peers)

Coverage in Illinois

Morningstar, Inc. 401(k) Plan covers 3,089 participants in Illinois, 4.0x the typical Illinois plan (state average ~779 per filing). Assets: $700M.

$700M
total plan assets (2022 EOY)
3,089
covered participants
98th
percentile by assets (of 139,126 plans)
$226,618
avg assets per participant

The plan reported a net loss of $98M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Morningstar, Inc. 401(k) Plan reports 3,089 participants - 4.0x that state average ($700M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$798M
Net Assets (End of Year)$700M
Net Income-$98M
Employer EIN363297908
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Morningstar, Inc.)

$0.6B$0.7B$0.8B$0.9B$1B$1.1B 202220232024 $0.7B $1.02B ▲ +45.7%
Total plan assets by year, all Morningstar, Inc. plans on file
Year Plans Participants Total Assets
2022 1 3,089 $700M
2023 1 3,542 $878M
2024 1 3,504 $1.0B

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Morningstar, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Morningstar, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 05101520 Total assets ($B) Participants Morningstar, Inc. 40…State Farm 401(k) Sa…Accenture United Sta…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Morningstar, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Morningstar, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Morningstar, Inc. 401(k) Plan assets move in 2022?
Morningstar, Inc. 401(k) Plan pulled back noticeably - down 12.3% during 2022, from $798M to $700M. Reported net income was -$98M.
How have Morningstar, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Morningstar, Inc.'s sponsor-wide assets grew 46.2%, from $700M to $1.0B.
Where does Morningstar, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Morningstar, Inc. 401(k) Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Morningstar, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Salem Health Hospitals & Clinics Retirement Plan in OR ($700M, 4,803 participants).

Filing takeaways

Ways to act on Morningstar, Inc. 401(k) Plan's numbers.