SHORTCUTS

529 Plan Details:

Enter your state:

World's Simplest College Calculator:

How old is your child?

Find a 529 Pro:

Enter your zip code:

Enroll In a 529 Plan:

View a list of participating plans

OPTIONS

COLLEGE SAVINGS 101

2012 plan performance rankings Q1
http://www.savingforcollege.com/articles/2012-plan-performance-rankings-q1

Posted: 2012-05-10

Each quarter Savingforcollege.com analyzes the investment performance figures for thousands of 529 portfolios and ranks the 529 savings plans from best to worst for one-year investment performance, three-year investment performance and five-year investment performance.

The top-performing 529 plans

In producing our rankings, we compared the reported investment performance of a subset of portfolios from each 529 savings plan. The lower the "percentile," the better the ranking. For more details on our methodology.

Here are our 529 performance rankings as of March 31, 2012.

We ranked plans that consumers can enroll in directly (see below), as well as those sold through brokers).

One-year performance ranking

Rank State Plan Percentile
1 New York New York's 529 College Savings Program -- Direct Plan 23.61
2 Pennsylvania Pennsylvania 529 Investment Plan 25.08
3 Utah Utah Educational Savings Plan (UESP) Trust 26.11
4 Michigan Michigan Education Savings Program 27.14
5 Illinois Bright Start College Savings Program -- Direct-sold Plan 29.10
6 Iowa College Savings Iowa 30.22
7 Vermont Vermont Higher Education Investment Plan 31.46
8 New Mexico The Education Plan's College Savings Program (Direct-sold) 31.49
9 Oklahoma Oklahoma College Savings Plan 32.38
10 Georgia Path2College 529 Plan 32.86

See the full list of one-year direct-sold rankings.

Three-year performance ranking

Rank State Plan Percentile
1 Alaska T. Rowe Price College Savings Plan 19.99
2 Alaska University of Alaska College Savings Plan 22.58
3 Maryland College Savings Plans of Maryland -- College Investment Plan 24.30
4 Maine NextGen College Investing Plan -- Client Direct Series 28.25
5 Virginia Virginia Education Savings Trust (VEST) 40.69
6 Michigan Michigan Education Savings Program 42.29
7 New York New York's 529 College Savings Program -- Direct Plan 42.47
8 District of Columbia DC 529 College Savings Program (Direct-sold) 43.21
9 Utah Utah Educational Savings Plan (UESP) Trust 44.07
10 Rhode Island CollegeBoundfund (Direct-sold, Alternative RI) 45.26

See the full list of three-year direct-sold rankings.

Five-year performance ranking

Rank State Plan Percentile
1 Utah Utah Educational Savings Plan (UESP) Trust 29.67
2 Kansas Schwab 529 College Savings Plan 31.82
3 Pennsylvania Pennsylvania 529 Investment Plan 32.05
4 New York New York's 529 College Savings Program -- Direct Plan 32.08
5 Wisconsin EdVest (Direct-sold) 34.82
6 Ohio Ohio CollegeAdvantage 529 Savings Plan 34.95
7 Nevada The Vanguard 529 Savings Plan 36.42
8 Alaska University of Alaska College Savings Plan 37.36
9 Michigan Michigan Education Savings Program 37.57
10 Iowa College Savings Iowa 38.98

See the full list of five-year direct-sold rankings.

For broker-sold plan rankings.

How to rank 529 plan performance

Ranking over 3,000 investment options is no easy task, considering the wide variety of options found in 529 savings plans, and it requires a special methodology.

Step one: We select specific portfolios from each 529 plan that can be compared on an apples-to-apples basis to portfolios in other 529 plans, based on their allocation among stocks, bonds and short-term instruments (money market and guaranteed investments). We've set up seven different asset-allocation categories ranging from 100 percent equity to 100 percent short-term.

Step two: Within each of the seven categories, we compare historical performance of the selected portfolios and assign each plan a percentile ranking between one (best) and 100 (worst). Separate rankings are developed for one-year, three-year and five-year performances.

Step three: We take the average of each 529 plan's percentile rankings in the seven asset-allocation categories to produce a combined or "composite" percentile ranking. We then produce reports showing how the 529 plans rank against each other in their composite percentile rankings. Note: We currently produce these composite rankings for one-year, three-year and five-year performances.

For a more in-depth explanation of our methodology, please read our white paper.

See the one-year direct-sold, three-year direct-sold and five-year direct-sold rankings.

More information

Links to our full report on the composite rankings for this quarter are provided below for the direct-sold 529 plans. Only our Premium subscribers have access to composite rankings for advisor-sold 529 plans, to the underlying data supporting the rankings and to separate one-year, three-year and five-year rankings for each of the seven different asset-allocation categories. In addition, subscribers can easily look up the historical performance for every 529 portfolio in every available share class by using our Fee and Performance Lookup Tool.

Each quarter Savingforcollege.com analyzes the investment performance figures for thousands of 529 portfolios and ranks the 529 savings plans from best to worst for one-year investment performance, three-year investment performance and five-year investment performance.

The top-performing 529 plans

In producing our rankings, we compared the reported investment performance of a subset of portfolios from each 529 savings plan. The lower the "percentile," the better the ranking. For more details on our methodology.

Here are our 529 performance rankings as of March 31, 2012.

We ranked plans that consumers can enroll in directly (see below), as well as those sold through brokers).

One-year performance ranking

Rank State Plan Percentile
1 New York New York's 529 College Savings Program -- Direct Plan 23.61
2 Pennsylvania Pennsylvania 529 Investment Plan 25.08
3 Utah Utah Educational Savings Plan (UESP) Trust 26.11
4 Michigan Michigan Education Savings Program 27.14
5 Illinois Bright Start College Savings Program -- Direct-sold Plan 29.10
6 Iowa College Savings Iowa 30.22
7 Vermont Vermont Higher Education Investment Plan 31.46
8 New Mexico The Education Plan's College Savings Program (Direct-sold) 31.49
9 Oklahoma Oklahoma College Savings Plan 32.38
10 Georgia Path2College 529 Plan 32.86

See the full list of one-year direct-sold rankings.

Three-year performance ranking

Rank State Plan Percentile
1 Alaska T. Rowe Price College Savings Plan 19.99
2 Alaska University of Alaska College Savings Plan 22.58
3 Maryland College Savings Plans of Maryland -- College Investment Plan 24.30
4 Maine NextGen College Investing Plan -- Client Direct Series 28.25
5 Virginia Virginia Education Savings Trust (VEST) 40.69
6 Michigan Michigan Education Savings Program 42.29
7 New York New York's 529 College Savings Program -- Direct Plan 42.47
8 District of Columbia DC 529 College Savings Program (Direct-sold) 43.21
9 Utah Utah Educational Savings Plan (UESP) Trust 44.07
10 Rhode Island CollegeBoundfund (Direct-sold, Alternative RI) 45.26

See the full list of three-year direct-sold rankings.

Five-year performance ranking

Rank State Plan Percentile
1 Utah Utah Educational Savings Plan (UESP) Trust 29.67
2 Kansas Schwab 529 College Savings Plan 31.82
3 Pennsylvania Pennsylvania 529 Investment Plan 32.05
4 New York New York's 529 College Savings Program -- Direct Plan 32.08
5 Wisconsin EdVest (Direct-sold) 34.82
6 Ohio Ohio CollegeAdvantage 529 Savings Plan 34.95
7 Nevada The Vanguard 529 Savings Plan 36.42
8 Alaska University of Alaska College Savings Plan 37.36
9 Michigan Michigan Education Savings Program 37.57
10 Iowa College Savings Iowa 38.98

See the full list of five-year direct-sold rankings.

For broker-sold plan rankings.

More Featured Articles
 

Continue to SavingForCollege.com

...in a few seconds you will be forwarded automatically.

close

Advertisement


close