Survey finds most 529 investors choose age-based options
The survey represented $20.3 billion, or approximately one-third of all 529 savings plan assets, but did not include the largest 529 plan, Virginia's CollegeAmerica program, which offers only individual fund portfolios.
A smaller survey by CSF found that over half (56%) of 529 assets were in portfolios with 70 percent or more equity exposure. The survey represented $11.6 billion in assets.