With continual improvement in computing power and software codes that simulate multiple physical effects, complex analyses can be performed that allow for more accurate modeling of real world systems. Here, a general purpose finite element (FE) code was utilized to conduct a rotordynamic assessment of a rotor system containing a flexible disk. Typically, specialized rotordynamic software packages make numerous assumptions to simplify the various types of rotor response calculations. Disks, for example, are commonly assumed rigid and are represented by lumped masses or discrete beam elements. Such idealizations may cause inaccuracies when calculating critical speeds for rotor systems that involve a relatively flexible disk. By utilizing a general purpose FE approach, where multiple rotational effects are considered, a more accurate model can be developed that includes the dynamic contributions of a flexible disk. This paper illustrates the rotordynamic analysis of a generic, yet realistic, compressor with a shrouded impeller model, without extensive geometric simplification. Furthermore, through the utilization of the fully featured geometry, several dynamic effects are demonstrated to have a significant influence on the rotor system’s Campbell diagram. The dynamic effects investigated include disk flexibility, stress stiffening, and spin softening. It is shown that neglecting any of these may cause significant errors regarding the rotordynamic analysis predictions.