401(k) · DOL Form 5500 · 2024

Morningstar, Inc. 401(k) Plan

Data updated 2026-08-11

$1.0B
Total assets
3,504
Participants
98th
Percentile by assets
$292,011
Avg per participant
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Official DOL plan name: Morningstar, Inc. 401(k) Plan · Sponsored by Morningstar, Inc. · Illinois · Information & Media

$1.0B in assets, 3,504 participants

Morningstar, Inc.'s Morningstar, Inc. 401(k) Plan reported $1.0B in total assets and 3,504 participants in its 2024 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 123,622 plans)
  • #2,744 in Information & Media (2,822 peers)

Coverage in Illinois

Morningstar, Inc. 401(k) Plan covers 3,504 participants in Illinois, 4.5x the typical Illinois plan (state average ~779 per filing). Assets: $1.0B.

$1.0B
total plan assets (2024 EOY)
3,504
covered participants
98th
percentile by assets (of 123,622 plans)
$292,011
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Morningstar, Inc. 401(k) Plan reported net income fell from $178M in the plan year 2023 filing to $145M in the plan year 2024 filing.
  • Morningstar, Inc. 401(k) Plan end-of-year assets rose from $878M in the plan year 2023 filing to $1.0B in the plan year 2024 filing.
  • Morningstar, Inc. 401(k) Plan reported participants fell from 3,542 in the plan year 2023 filing to 3,504 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Morningstar, Inc. 401(k) Plan reports 3,504 participants - 4.5x that state average ($1.0B EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$878M
Net Assets (End of Year)$1.0B
Net Income$145M
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 0510152025 Total assets ($B) Participants Morningstar, Inc. 40…Accenture United Sta…State Farm 401(k) Sa…United Airlines Pilo…Abbott Laboratories …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 2024?
Morningstar, Inc. 401(k) Plan grew sharply - up 16.5% during 2024, from $878M to $1.0B. Reported net income was $145M.
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 123,622 plans that reported assets for plan year 2024 (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 Mac Arthur Co. 2015 Amended and Restated 401(k) and Employee Stock Ownership Plan in MN ($1.0B, 1,298 participants).

Filing takeaways

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