COLLEGE SAVINGS 101

Savingforcollege.com

2010 one-year top performing direct plans Q1
http://www.savingforcollege.com/articles/2010-1-year-top-performing-direct-plans-q1

Posted: 2010-05-21

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 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 March 31, 2010.
Direct-sold 529 plans.

Updated May 11, 2010

One-year performance ranking (click here for three-year performance table and five-year performance table):

Rank State Plan Percentile
1 Nevada USAA College Savings Plan 2.43
2 Alaska T. Rowe Price College Savings Plan 26.66
3 Maryland College Savings Plans of Maryland - College Investment Plan 27.26
4 Alaska University of Alaska College Savings Plan 30.67
5 Maine NextGen College Investing Plan - Client Direct Series 30.78
6 Montana Pacific Life Funds 529 College Savings Plan (Direct-sold) MT 32.14
7 West Virginia SMART529 WV Direct 33.32
8 Rhode Island CollegeBoundfund (Direct-sold, Alternative R) 34.60
9 South Dakota CollegeAccess 529 (Direct-sold) 38.20
10 Alabama College Counts 529 Fund 38.50
11 District of Columbia DC 529 College Savings Program (Direct-sold) 40.12
12 Virginia Virginia Education Savings Trust (VEST) 46.40
13 South Carolina Future Scholar 529 College Savings Plan (Direct-sold) 48.12
14 Utah Utah Educational Savings Plan (UESP) Trust 48.15
15 West Virginia SMART529 Select 48.76
16 Louisiana START Saving Program 48.93
17 Kansas Schwab 529 College Savings Plan 49.93
18 Michigan Michigan Education Savings Program 51.63
19 Nevada The Vanguard 529 Savings Plan 53.26
20 Oklahoma Oklahoma College Savings Plan 54.12
21 Vermont Vermont Higher Education Investment Plan 54.81
22 New Mexico The Education Plan's College Savings Program (Direct-sold) 54.88
23 Wisconsin EdVest (Direct-sold) 56.78
24 North Carolina National College Savings Program 56.80
25 Nebraska College Savings Plan of Nebraska (Direct-sold) 57.03
26 Minnesota Minnesota College Savings Plan 58.35
27 Illinois Bright Start College Savings Program - Direct-sold-Plan 58.67
28 Kentucky Kentucky Education Savings Plan Trust 59.49
29 Nebraska TD Ameritrade 529 College Savings Plan 60.33
30 Mississippi Mississippi Affordable College Savings (MACS) Program 60.44
31 New York New York's 529 College Savings Program - Direct Plan 60.49
32 New Jersey NJBEST 529 College Savings Plan 60.94
33 Arizona Fidelity Arizona College Savings Plan 60.99
34 New Hampshire UNIQUE College Investing Plan 61.01
35 Delaware Delaware College Investment Plan 61.16
36 Nevada The Upromise College Fund 61.29
37 California The ScholarShare College Savings Plan 61.31
38 Massachusetts U.Fund College Investing Plan 61.71
39 Indiana CollegeChoice 529 Investment Plan (Direct-sold) 63.13
40 Missouri MOST - Missouri's 529 College Savings Plan (Direct-sold) 63.72
41 Colorado Direct Portfolio College Savings Plan 63.74
42 Arkansas GIFT College Investing Plan 64.74
43 Idaho Idaho College Savings Program (IDeal) 64.83
44 Ohio Ohio CollegeAdvantage 529 Savings Plan 65.26
45 Georgia Path2College 529 Plan 65.30
46 Texas Texas College Savings Plan 67.28
47 Connecticut Connecticut Higher Education Trust (CHET) 67.47
48 Hawaii Hawaii's College Savings Program 67.63
49 Pennsylvania Pennsylvania 529 Investment Plan 69.74
50 Kansas Learning Quest 529 Education Savings Program (Direct-sold) 69.79
51 North Dakota College SAVE 70.25
52 Iowa College Savings Iowa 70.44
- Florida Florida College Investment Plan NA
- Oregon Oregon College Savings 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 represent 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 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 March 31, 2010.
Direct-sold 529 plans.

Updated May 11, 2010

One-year performance ranking (click here for three-year performance table and five-year performance table):

Rank State Plan Percentile
1 Nevada USAA College Savings Plan 2.43
2 Alaska T. Rowe Price College Savings Plan 26.66
3 Maryland College Savings Plans of Maryland - College Investment Plan 27.26
4 Alaska University of Alaska College Savings Plan 30.67
5 Maine NextGen College Investing Plan - Client Direct Series 30.78
6 Montana Pacific Life Funds 529 College Savings Plan (Direct-sold) MT 32.14
7 West Virginia SMART529 WV Direct 33.32
8 Rhode Island CollegeBoundfund (Direct-sold, Alternative R) 34.60
9 South Dakota CollegeAccess 529 (Direct-sold) 38.20
10 Alabama College Counts 529 Fund 38.50
11 District of Columbia DC 529 College Savings Program (Direct-sold) 40.12
12 Virginia Virginia Education Savings Trust (VEST) 46.40
13 South Carolina Future Scholar 529 College Savings Plan (Direct-sold) 48.12
14 Utah Utah Educational Savings Plan (UESP) Trust 48.15
15 West Virginia SMART529 Select 48.76
16 Louisiana START Saving Program 48.93
17 Kansas Schwab 529 College Savings Plan 49.93
18 Michigan Michigan Education Savings Program 51.63
19 Nevada The Vanguard 529 Savings Plan 53.26
20 Oklahoma Oklahoma College Savings Plan 54.12
21 Vermont Vermont Higher Education Investment Plan 54.81
22 New Mexico The Education Plan's College Savings Program (Direct-sold) 54.88
23 Wisconsin EdVest (Direct-sold) 56.78
24 North Carolina National College Savings Program 56.80
25 Nebraska College Savings Plan of Nebraska (Direct-sold) 57.03
26 Minnesota Minnesota College Savings Plan 58.35
27 Illinois Bright Start College Savings Program - Direct-sold-Plan 58.67
28 Kentucky Kentucky Education Savings Plan Trust 59.49
29 Nebraska TD Ameritrade 529 College Savings Plan 60.33
30 Mississippi Mississippi Affordable College Savings (MACS) Program 60.44
31 New York New York's 529 College Savings Program - Direct Plan 60.49
32 New Jersey NJBEST 529 College Savings Plan 60.94
33 Arizona Fidelity Arizona College Savings Plan 60.99
34 New Hampshire UNIQUE College Investing Plan 61.01
35 Delaware Delaware College Investment Plan 61.16
36 Nevada The Upromise College Fund 61.29
37 California The ScholarShare College Savings Plan 61.31
38 Massachusetts U.Fund College Investing Plan 61.71
39 Indiana CollegeChoice 529 Investment Plan (Direct-sold) 63.13
40 Missouri MOST - Missouri's 529 College Savings Plan (Direct-sold) 63.72
41 Colorado Direct Portfolio College Savings Plan 63.74
42 Arkansas GIFT College Investing Plan 64.74
43 Idaho Idaho College Savings Program (IDeal) 64.83
44 Ohio Ohio CollegeAdvantage 529 Savings Plan 65.26
45 Georgia Path2College 529 Plan 65.30
46 Texas Texas College Savings Plan 67.28
47 Connecticut Connecticut Higher Education Trust (CHET) 67.47
48 Hawaii Hawaii's College Savings Program 67.63
49 Pennsylvania Pennsylvania 529 Investment Plan 69.74
50 Kansas Learning Quest 529 Education Savings Program (Direct-sold) 69.79
51 North Dakota College SAVE 70.25
52 Iowa College Savings Iowa 70.44
- Florida Florida College Investment Plan NA
- Oregon Oregon College Savings 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 represent 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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