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Morningstar Investment Management, LLC

29 H-1B petitions, 96.6% certified, $124,112 median salary, FY2023–2026.

Chicago, IL NAICS: 5239

The verdict

Morningstar Investment Management, LLC filed 29 H-1B petitions, more than 94% of U.S. sponsors - certified at 96.6% with a $124,112 median offered wage.

29
H-1B petitions, FY2023–FY2026
96.6%
DOL-certified
$124,112
median offered wage
Top 6%
of sponsors by volume

Based in Chicago, IL. Computed live from U.S. Department of Labor LCA disclosures.

H-1B sponsorship profile: Morningstar Investment Management, LLC. Across U.S. Department of Labor LCA disclosures, Morningstar Investment Management, LLC filed 29 Labor Condition Applications covering 29 H-1B worker positions between fiscal year 2023 and fiscal year 2026. The employer’s DOL certification rate sits at 96.6% (28 certified of 29 filed), a useful proxy for how cleanly their prevailing-wage attestations pass the Labor Department’s preliminary review before USCIS adjudication.

Compensation spread. Offered wages on Morningstar Investment Management, LLC’s H-1B petitions range from $68,468 at the low end to $216,724 at the high end, with a petition-weighted average of $124,112. That range reflects the mix of occupations the company sponsors, led by Lead Software Engineer (4 petitions at $144,656 avg), followed by Software Engineer and Senior DevOps Engineer. H-1B salaries reported on LCAs must meet or exceed the DOL prevailing wage for the role and worksite, so the spread also tracks wage-level geography and seniority.

Geographic footprint. Morningstar Investment Management, LLC is headquartered in Chicago, IL under NAICS code 5239, and places H-1B workers across 4 states, most heavily in IL, AZ, NC. Combined, these signals give a granular view of how one employer uses the H-1B program, volume, approval cleanliness, wage posture, and where the jobs actually sit on the map.

Where Morningstar Investment Management, LLC ranks. By H-1B petition volume, Morningstar Investment Management, LLC is #7,551 of 119,880 employers nationally and #368 of 5,284 employers headquartered in IL. Both ranks are computed live from the same underlying petition counts, not a separate estimate.

Certification Rate

96.6%

Avg. Salary

$124,112

Median Salary

$124,112

Total Workers

29

Compare with another sponsor

Morningstar Investment Management, LLC vs a peer vs the national average, from DOL LCA data.

Avg. offered wage$124,112 · 20% lower than JPMorgan Chase & Co
This sponsor
Peer
$155,291
National avg.
$112,482
Certification rate96.6% · 3% lower than JPMorgan Chase & Co
This sponsor
Peer
99.6%
National avg.
97.7%
Total petitions29 · 100% lower than JPMorgan Chase & Co
This sponsor
Peer
11,961
National avg.
16
Filing Growth (FY2023 to FY2026) 25.0%
Wondering how long it takes USCIS to process an H-1B petition for this employer? See current I-129 processing times →

Salary Analysis

Compensation range for H-1B positions at Morningstar Investment Management, LLC

Minimum
$68,468
Maximum
$216,724
Average Salary
$124,112

Wage vs. DOL Minimum

+10.5%

national avg +17.9%

Typical DOL Wage Level

Experienced (Level III)

41.4% of petitions

Full-Time Positions

100%

Primary Worksite County

COOK, IL

79.3% of petitions

Petition History

H-1B filing trends from FY2023 to FY2026

FY2023 4 petitions · 100% certified · $118,705 avg
FY2024 13 petitions · 100% certified · $132,168 avg
FY2025 11 petitions · 90.9% certified · $113,313 avg

FY2026 is partial data (through Q1). Chart shows completed fiscal years only.

Year Petitions Certified Avg. Salary
FY2023 4 4 $118,705
FY2024 13 13 $132,168
FY2025 11 10 $113,313
FY2026(partial) 1 1 $159,822

Top Occupations

Most frequently sponsored job titles at Morningstar Investment Management, LLC

Job Title Petitions Avg. Salary
Lead Software Engineer 4 $144,656
Software Engineer 2 $118,676
Senior DevOps Engineer 2 $142,952
Account Manager “ Investment Management 2 $68,468
Senior Quantitative Analyst 1 $122,515
Senior Product Manager 1 $130,000
Senior Manager of Software Engineering 1 $170,000
Senior Investment Analyst 1 $108,825
Senior DevOps Engineer 1 $132,261
Quantitative Research Analyst 1 $113,557
Quantitative Analyst 1 $123,476
QA Automation Engineer 1 $112,000
Manager of Software Engineering 1 $184,500
Lead Software Developer 1 $134,118
Lead QA Automation Engineer 1 $115,000

Geographic Distribution

Where Morningstar Investment Management, LLC places H-1B workers across the United States

IL 24 petitions
AZ 3 petitions
NC 1 petitions
NY 1 petitions

Recent LCA Petitions

Latest H-1B labor condition applications filed by Morningstar Investment Management, LLC

Job Title Location Salary Status Year
Lead Software Engineer Chicago, IL $159,822 Certified FY2026
Senior DevOps Engineer Phoenix, AZ $142,952 Certified FY2025
Associate Director of Automated Portfolio Solutions Chicago, IL $135,950 Certified FY2025
Account Manager “ Investment Management Chicago, IL $68,468 Certified FY2025
Quantitative Analyst Chicago, IL $123,476 Certified FY2025
Associate Investment Analyst Chicago, IL $82,832 Certified FY2025
Account Manager “ Investment Management Chicago, IL $68,468 Withdrawn FY2025
Senior DevOps Engineer Phoenix, AZ $142,952 Certified FY2025
Senior Manager of Software Engineering Chicago, IL $170,000 Certified FY2025
Senior Quantitative Analyst Chicago, IL $122,515 Certified FY2025
Associate Analyst Chicago, IL $80,000 Certified FY2025
Senior Investment Analyst Chicago, IL $108,825 Certified FY2025
Investment Management Product Analyst Chicago, IL $72,779 Certified FY2024
Software Engineer Chicago, IL $122,951 Certified FY2024
QA Automation Engineer Chicago, IL $112,000 Certified FY2024
Lead Data Engineer Chicago, IL $157,750 Certified FY2024
Senior Product Manager Chicago, IL $130,000 Certified FY2024
Associate Investment Analyst, Investment Management Chicago, IL $77,160 Certified FY2024
Software Engineer Chicago, IL $114,400 Certified FY2024
Associate Director of Quantitative Research Chicago, IL $216,724 Certified FY2024
Manager of Software Engineering Chicago, IL $184,500 Certified FY2024
Lead Software Engineer Charlotte, NC $145,600 Certified FY2024
Lead Software Developer Chicago, IL $134,118 Certified FY2024
Lead QA Automation Engineer Chicago, IL $115,000 Certified FY2024
Lead Software Engineer Chicago, IL $135,200 Certified FY2024
Lead Software Engineer Chicago, IL $138,000 Certified FY2023
Full Stack Engineer New York, NY $91,000 Certified FY2023
Senior DevOps Engineer Phoenix, AZ $132,261 Certified FY2023
Quantitative Research Analyst Chicago, IL $113,557 Certified FY2023

Similar Employers in IL

Other H-1B sponsors based in IL, ranked by petition volume

Compare Morningstar Investment Management, LLC vs JPMorgan Chase & Co side-by-side →

Frequently Asked Questions

How many H-1B petitions has Morningstar Investment Management, LLC filed?

Morningstar Investment Management, LLC has filed 29 H-1B LCA petitions covering 29 worker positions from FY2023 to FY2026.

What is the H-1B approval rate for Morningstar Investment Management, LLC?

Morningstar Investment Management, LLC has a 96.6% certification rate, with 28 out of 29 petitions certified.

What is the average H-1B salary at Morningstar Investment Management, LLC?

The average H-1B salary at Morningstar Investment Management, LLC is $124,112. Salaries range from $68,468 to $216,724.

What are the most common H-1B job titles at Morningstar Investment Management, LLC?

The top H-1B job titles at Morningstar Investment Management, LLC include Lead Software Engineer, Software Engineer, Senior DevOps Engineer. The most common position is Lead Software Engineer with 4 petitions at an average salary of $144,656.

Where is Morningstar Investment Management, LLC located?

Morningstar Investment Management, LLC is headquartered in Chicago, IL. Their H-1B workers are distributed across 4 states, with the most positions in IL, AZ, NC.

Is Morningstar Investment Management, LLC H-1B dependent?

No, Morningstar Investment Management, LLC is not classified as H-1B dependent.

How has Morningstar Investment Management, LLC's H-1B sponsorship changed over time?

Morningstar Investment Management, LLC filed 4 petitions in FY2023 and 1 in FY2026. Average salary increased from $118,705 to $159,822.

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Data Sources

H-1B visa petition data is sourced from the U.S. Department of Labor (DOL) Labor Condition Application (LCA) disclosure files. Data covers fiscal years 2023 through 2026. Salary figures reflect amounts listed on LCA petitions, not actual compensation paid. Certification of an LCA does not guarantee visa approval.

Source: DOL Foreign Labor Performance Data

Source: U.S. Department of Labor, Office of Foreign Labor Certification, LCA Disclosure Data (FY2023–FY2026)

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Department of Labor LCA disclosure files. Consult a qualified professional before making decisions based on this data.

Every figure on PlainVisa is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.