COLLEGE SAVINGS 101

Savingforcollege.com

2009 five-year top performing direct plans Q3
http://www.savingforcollege.com/articles/2009-5-year-top-performing-direct-plans-q3

Posted: 2009-11-20

Savingforcollege.com ranks the performance of direct-sold 529 plans. Direct-sold plans are those that consumers can enroll in without using a broker. We have prepared both one-year, three-year and five-year performance tables.

To prepare this ranking, we compared a subset of portfolios from each 529 savings plan, selecting portfolios based on their mix of stocks, bonds and money-market funds, allowing for an apples-to-apples comparison in seven different asset-allocation categories. The lower the "percentile" the better the ranking.

This ranking could be a useful tool for you when selecting which direct 529 plan might be right for you.

529 performance rankings as of Sept. 30, 2009
Direct-sold 529 plans
Ranked by five-year performance

Updated Nov. 17, 2009

Five-year performance ranking (click here for one-year performance table and three-year performance table)

Rank State Plan Percentile
1 Kansas Schwab 529 College Savings Plan 27.28
2 Maryland College Savings Plans of Maryland - College Investment Plan 29.22
3 Alaska T. Rowe Price College Savings Plan 31.87
4 Alaska University of Alaska College Savings Plan 33.91
5 Rhode Island CollegeBoundfund (Direct-sold, Alternative R) 35.18
6 Nebraska College Savings Plan of Nebraska (Direct-sold) 36.74
7 South Carolina Future Scholar 529 College Savings Plan (Direct-sold) 37.30
8 Utah Utah Educational Savings Plan (UESP) Trust 37.94
9 Nevada USAA College Savings Plan 38.25
10 Montana Pacific Life Funds 529 College Savings Plan (Direct-sold) MT 39.09
11 Iowa College Savings Iowa 40.16
12 New Jersey NJBEST 529 College Savings Plan 40.98
13 Virginia Virginia Education Savings Trust (VEST) 41.07
14 Wisconsin EdVest (Direct-sold) 41.76
15 West Virginia SMART529 WV Direct 42.22
16 Kansas Learning Quest 529 Education Savings Program (Direct-sold) 43.74
17 Alabama Higher Education 529 Fund (Direct-sold) 43.90
18 Nevada The Upromise College Fund 44.13
19 Nevada The Vanguard 529 Savings Plan 44.14
20 Nebraska TD Ameritrade 529 College Savings Plan 46.73
21 Louisiana START Saving Program 47.41
22 Minnesota Minnesota College Savings Plan 48.13
23 West Virginia SMART529 Select 48.38
24 Kentucky Kentucky Education Savings Plan Trust 51.17
25 New York New York's 529 College Savings Program - Direct Plan 52.90
26 Oklahoma Oklahoma College Savings Plan 53.43
27 Delaware Delaware College Investment Plan 56.78
28 New Hampshire UNIQUE College Investing Plan 58.78
29 Mississippi Mississippi Affordable College Savings (MACS) Program 59.25
30 Massachusetts U.Fund College Investing Plan 59.66
31 District of Columbia DC 529 College Savings Program (Direct-sold) 65.18
32 Oregon Oregon College Savings Plan 74.47
- Arizona Fidelity Arizona College Savings Plan NA
- Arkansas GIFT College Investing Plan NA
- California The ScholarShare College Savings Plan NA
- Colorado Direct Portfolio College Savings Plan NA
- Connecticut Connecticut Higher Education Trust (CHET) NA
- Florida Florida College Investment Plan NA
- Georgia Path2College 529 Plan NA
- Hawaii Hawaii's College Savings Program NA
- Idaho Idaho College Savings Program (IDeal) NA
- Illinois Bright Start College Savings Program - Direct-sold-Plan NA
- Indiana CollegeChoice 529 Investment Plan (Direct-sold) NA
- Maine NextGen College Investing Plan - Client Direct Series NA
- Michigan Michigan Education Savings Program NA
- Missouri MOST - Missouri's 529 College Savings Plan (Direct-sold) NA
- New Mexico The Education Plan's College Savings Program (Direct-sold) NA
- North Carolina National College Savings Program NA
- North Dakota College SAVE NA
- Ohio Ohio CollegeAdvantage 529 Savings Plan NA
- Pennsylvania Pennsylvania 529 Investment Plan NA
- South Dakota CollegeAccess 529 (Direct-sold) NA
- Texas Texas College Savings Plan NA
- Vermont Vermont Higher Education Investment Plan NA

NA = Not applicable = Program does not have at least three portfolios with sufficiently long performance under our ranking model.

The Savingforcollege.com plan composite rankings are derived using the plans relevant portfolio performance in seven unique asset allocation categories. The asset allocation categories used are 100 percent equity, 80 percent equity, 60 percent equity, 40 percent equity, 20 percent equity, 100 percent fixed and 100 percent short term. The plan composite ranking is determined by the average of its percentile ranking in the seven categories.

The performance data underlying these rankings represents past performance and is not a guarantee of future performance. Current performance may be lower or higher than the performance data used. A plan portfolio's investment return and principal value will fluctuate so that an investor's shares or units when redeemed may be worth more or less than their original cost. Investors should carefully consider plan investment goals, risks, charges and expenses, by obtaining and reading the plan's official program description before investing. Investors should also consider whether their beneficiary's home state offers any tax or other benefits that are available for investments only in such state's 529 plan.

Brokers, please note: For internal use only and not for use with or to be shown to the investing public.

Disclaimer: JFH Innovative, Inc. shall not be liable for any errors or omissions in this report. Users should rely on official program disclosures.

For broker sold plan rankings, click here.

Savingforcollege.com ranks the performance of direct-sold 529 plans. Direct-sold plans are those that consumers can enroll in without using a broker. We have prepared both one-year, three-year and five-year performance tables.

To prepare this ranking, we compared a subset of portfolios from each 529 savings plan, selecting portfolios based on their mix of stocks, bonds and money-market funds, allowing for an apples-to-apples comparison in seven different asset-allocation categories. The lower the "percentile" the better the ranking.

This ranking could be a useful tool for you when selecting which direct 529 plan might be right for you.

529 performance rankings as of Sept. 30, 2009
Direct-sold 529 plans
Ranked by five-year performance

Updated Nov. 17, 2009

Five-year performance ranking (click here for one-year performance table and three-year performance table)

Rank State Plan Percentile
1 Kansas Schwab 529 College Savings Plan 27.28
2 Maryland College Savings Plans of Maryland - College Investment Plan 29.22
3 Alaska T. Rowe Price College Savings Plan 31.87
4 Alaska University of Alaska College Savings Plan 33.91
5 Rhode Island CollegeBoundfund (Direct-sold, Alternative R) 35.18
6 Nebraska College Savings Plan of Nebraska (Direct-sold) 36.74
7 South Carolina Future Scholar 529 College Savings Plan (Direct-sold) 37.30
8 Utah Utah Educational Savings Plan (UESP) Trust 37.94
9 Nevada USAA College Savings Plan 38.25
10 Montana Pacific Life Funds 529 College Savings Plan (Direct-sold) MT 39.09
11 Iowa College Savings Iowa 40.16
12 New Jersey NJBEST 529 College Savings Plan 40.98
13 Virginia Virginia Education Savings Trust (VEST) 41.07
14 Wisconsin EdVest (Direct-sold) 41.76
15 West Virginia SMART529 WV Direct 42.22
16 Kansas Learning Quest 529 Education Savings Program (Direct-sold) 43.74
17 Alabama Higher Education 529 Fund (Direct-sold) 43.90
18 Nevada The Upromise College Fund 44.13
19 Nevada The Vanguard 529 Savings Plan 44.14
20 Nebraska TD Ameritrade 529 College Savings Plan 46.73
21 Louisiana START Saving Program 47.41
22 Minnesota Minnesota College Savings Plan 48.13
23 West Virginia SMART529 Select 48.38
24 Kentucky Kentucky Education Savings Plan Trust 51.17
25 New York New York's 529 College Savings Program - Direct Plan 52.90
26 Oklahoma Oklahoma College Savings Plan 53.43
27 Delaware Delaware College Investment Plan 56.78
28 New Hampshire UNIQUE College Investing Plan 58.78
29 Mississippi Mississippi Affordable College Savings (MACS) Program 59.25
30 Massachusetts U.Fund College Investing Plan 59.66
31 District of Columbia DC 529 College Savings Program (Direct-sold) 65.18
32 Oregon Oregon College Savings Plan 74.47
- Arizona Fidelity Arizona College Savings Plan NA
- Arkansas GIFT College Investing Plan NA
- California The ScholarShare College Savings Plan NA
- Colorado Direct Portfolio College Savings Plan NA
- Connecticut Connecticut Higher Education Trust (CHET) NA
- Florida Florida College Investment Plan NA
- Georgia Path2College 529 Plan NA
- Hawaii Hawaii's College Savings Program NA
- Idaho Idaho College Savings Program (IDeal) NA
- Illinois Bright Start College Savings Program - Direct-sold-Plan NA
- Indiana CollegeChoice 529 Investment Plan (Direct-sold) NA
- Maine NextGen College Investing Plan - Client Direct Series NA
- Michigan Michigan Education Savings Program NA
- Missouri MOST - Missouri's 529 College Savings Plan (Direct-sold) NA
- New Mexico The Education Plan's College Savings Program (Direct-sold) NA
- North Carolina National College Savings Program NA
- North Dakota College SAVE NA
- Ohio Ohio CollegeAdvantage 529 Savings Plan NA
- Pennsylvania Pennsylvania 529 Investment Plan NA
- South Dakota CollegeAccess 529 (Direct-sold) NA
- Texas Texas College Savings Plan NA
- Vermont Vermont Higher Education Investment Plan NA

NA = Not applicable = Program does not have at least three portfolios with sufficiently long performance under our ranking model.

The Savingforcollege.com plan composite rankings are derived using the plans relevant portfolio performance in seven unique asset allocation categories. The asset allocation categories used are 100 percent equity, 80 percent equity, 60 percent equity, 40 percent equity, 20 percent equity, 100 percent fixed and 100 percent short term. The plan composite ranking is determined by the average of its percentile ranking in the seven categories.

The performance data underlying these rankings represents past performance and is not a guarantee of future performance. Current performance may be lower or higher than the performance data used. A plan portfolio's investment return and principal value will fluctuate so that an investor's shares or units when redeemed may be worth more or less than their original cost. Investors should carefully consider plan investment goals, risks, charges and expenses, by obtaining and reading the plan's official program description before investing. Investors should also consider whether their beneficiary's home state offers any tax or other benefits that are available for investments only in such state's 529 plan.

Brokers, please note: For internal use only and not for use with or to be shown to the investing public.

Disclaimer: JFH Innovative, Inc. shall not be liable for any errors or omissions in this report. Users should rely on official program disclosures.

For broker sold plan rankings, click here.

 

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