MORNINGSTAR

Morningstar at a glance

Morningstar appears on 1,971 retirement plans in Form 5500 Schedule C filings through plan year 2024. Those plans hold $390.6B in assets for 3,353,735 participants. The median client plan holds $24.6M. Most client plans are sponsored in CA, NY and TX. The largest clients by plan assets are International Business Machines Corporation, Board of Trustees of the Teamsters - UPS 401(k) National Savings Plan and United Airlines, Inc.. Plans reported $8.7M in direct and indirect compensation paid to Morningstar, a median of $0 per plan.

Participants

3,353,735

Median plan assets

$24.6M

Median plan participants

397

Median fees per plan

$0

Schedule C direct + indirect

Frequently asked questions

Who uses Morningstar?

1,971 retirement plans list Morningstar as a service provider on Schedule C of Form 5500. The largest clients by plan assets include International Business Machines Corporation, Board of Trustees of the Teamsters - UPS 401(k) National Savings Plan, United Airlines, Inc., Delta Air Lines, Inc. and Southwest Airlines Company. Most client plans are sponsored in CA, NY and TX.

How many plans does Morningstar serve?

Morningstar serves 1,971 retirement plans with $390.6B in plan assets and 3,353,735 participants, based on the latest Form 5500 filings through 2024.

What does Morningstar charge?

Plans reported $8.7M in total Schedule C compensation paid to Morningstar. The median plan paid $0. Fees vary with plan size and the services each plan buys.