5-Cap Ratings

Updated as of May 12, 2023 based on data as of December 31, 2022

To view the ratings breakdown by category, click on the plan name.

We assign a rating to each state-sponsored program ranging from one cap (least attractive) to five caps (most attractive). The 5-Cap Rating represents our opinion of the overall usefulness of a state's 529 plan based on many considerations.

The 5-Cap Rating is not strictly a measure of historical returns and it is not a predictor of future investment performance, level of investment risk, or financial solvency of the program funds. For more information on the criteria used in assigning a 5-Cap Rating, click here.

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Alabama

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Non-Resident Rating
Resident Rating
Non-Resident Rating

Alaska

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Resident Rating
Non-Resident Rating
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Non-Resident Rating

Arizona

FDIC-Insured or Stable Value Planx
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Non-Resident Rating

Arkansas

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California

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Colorado

FDIC-Insured or Stable Value Planx
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Non-Resident Rating
FDIC-Insured or Stable Value Planx

Connecticut

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Non-Resident Rating

Delaware

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Non-Resident Rating
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District of Columbia

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Non-Resident Rating

Florida

Prepaid Planx
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Non-Resident Rating

Georgia

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Hawaii

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Idaho

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Illinois

Prepaid Planx
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Indiana

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FDIC-Insured or Stable Value Planx
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Iowa

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Kansas

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Kentucky

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Louisiana

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Maine

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Maryland

Prepaid Planx

Massachusetts

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Prepaid Planx

Michigan

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Minnesota

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Mississippi

Prepaid Planx

Missouri

Montana

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Nebraska

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Nevada

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New Hampshire

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New Jersey

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New Mexico

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North Carolina

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North Dakota

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Ohio

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Oklahoma

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Oregon

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Other

Prepaid Planx

Pennsylvania

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Rhode Island

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South Carolina

South Dakota

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Tennessee

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Texas

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Utah

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Vermont

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Virginia

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Washington

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West Virginia

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Wisconsin

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