401(k) · DOL Form 5500 · 2024

Morningstar, Inc. 401(k) Plan

Data updated 2026-08-25

$1.0B
Total assets Very large vs avg
3,504
Participants Above avg headcount
98th
Percentile by assets National rank
$292,011
Avg per participant High balance/head
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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.

  • #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.

#2,744
in Information & Media (2,822 peers)
+16.5%
assets growth YoY
10×
vs typical plan assets (national mean)

Morningstar, Inc. 401(k) Plan's outsized position by total assets

Morningstar, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,023,207,731 Top 2% higher than 98% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Morningstar, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Morningstar, Inc. 401(k) Plan lands in the large band (3,504 participants).

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 →

Form 5500 schedule snapshot

Filing strip 363297908 · Morningstar, Inc. PY 2024 · 401(k)

Morningstar, Inc. 401(k) Plan · $1.0B · 3,504 · 98th

  • 5500 $1.0B
  • 5500 3,504
  • 5500 98th
  • 5500 401(k)
  • 5500 near Mac Arthur Co. 2015 Amended and Restated 401(k) and Employee Stock Ownership Plan
  • 5500 ind #2744

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Information & Media retirement plans → · Plans in Illinois →

Morningstar, Inc. 401(k) Plan in the asset neighbourhood

Clark Group Retirement Plan$1.0BNvr, Inc. Profit Sharing Plan$1.0BLithia Motors, Inc. 401(k) PlanLithia Motors, Inc. 401(k) P…$1.0BMorningstar, Inc. 401(k) Plan$1.0BMac Arthur Co. 2015 Amended and Restated 401(k) and Employee Stock Ownership PlanMac Arthur Co. 2015 Amended …$1.0B
End-of-year total assets ($B) among Morningstar, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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.)

Sponsor-wide plan assets over time

All Morningstar, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.0B 46.16760903087349% vs 2022
2024 filing year
$0.6B$0.7B$0.8B$0.9B$1B$1.1B 202220232024 $0.7B $1.02B ▲ +45.7%
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 Scatter plot of 6 data points. -1000000100000200000300000 0510152025 Total assets ($B) Participants Morningstar, Inc. 401(k) Plan, Total assets ($B): 1.023207731 · Participants: 3504Morningstar, Inc. 401(k) PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Morningstar, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Morningstar, Inc. 401(k) Plan side-by-side with 3 peers →

Morningstar, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Mac Arthur Co. 2015 Amended and Restated 401(k) and Employee Stock Ownership Plan in MN ($1.0B); by covered participants it is The Realreal 401(k) Plan in CA (3,505 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,504 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Morningstar, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Realreal 401(k) Plan in CA (3,505 participants, $61M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 363297908.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.