Q2 2019 529 plan rankings: Five-year performance

Savingforcollege.comBy: Savingforcollege.com | 

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, five-year and ten-year performance tables.

To prepare this ranking, we compared a subset of portfolios from each 529 savings plan. We selected portfolios based on their mix of stocks, bonds and money market funds, which allows for an apples-to-apples comparison in seven asset-allocation categories. The "performance score" determines the ranking.

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

Here are our 529 performance rankings as of June 30, 2019 for Direct-sold 529 plans.

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

RankStatePlanPerformance Score
1OhioOhio’s 529 Plan, CollegeAdvantage18.62
2New YorkNew York's 529 College Savings Program -- Direct Plan25.15
3CaliforniaScholarShare 52927.62
4North CarolinaNC 529 Plan28.71
5South CarolinaFuture Scholar 529 College Savings Plan (Direct-sold)29.66
6KansasLearning Quest 529 Education Savings Program (Direct-sold)29.91
7IowaSTART Saving Program30.10
8LouisianaCollege Savings Iowa30.96
9WisconsinEdvest31.06
10West VirginiaSMART529 WV Direct College Savings Plan31.76
11MaineNextGen 529 -- Client Direct Series32.31
12NevadaThe Vanguard 529 College Savings Plan32.57
13NebraskaNebraska Education Savings Trust -- Direct College Savings Plan32.95
14MissouriMOST - Missouri's 529 College Savings Plan (Direct-sold)33.25
15IndianaCollegeChoice 529 Direct Savings Plan33.36
16MichiganMichigan Education Savings Program (MESP)34.23
17VirginiaInvest52934.24
18AlaskaUniversity of Alaska College Savings Plan36.90
18AlaskaT. Rowe Price College Savings Plan36.90
20NebraskaTD Ameritrade 529 College Savings Plan37.13
21TennesseeTNStars College Savings 529 Program39.76
22GeorgiaPath2College 529 Plan39.92
23ColoradoDirect Portfolio College Savings Plan40.02
24FloridaFlorida 529 Savings Plan41.47
25New HampshireUNIQUE College Investing Plan42.26
26MassachusettsU.Fund College Investing Plan42.27
27ArizonaFidelity Arizona College Savings Plan42.32
28DelawareDelaware College Investment Plan42.41
29MinnesotaMinnesota College Savings Plan43.56
30OklahomaOklahoma College Savings Plan46.22
31HawaiiHawaii's College Savings Program49.67
32Utahmy52950.25
33MarylandMaryland 529 -- Maryland Senator Edward J. Kasemeyer College Investment Plan50.82
34IdahoIdaho College Savings Program (IDeal)53.76
35ArkansasGIFT College Investing Plan56.80
36AlabamaCollegeCounts 529 Fund57.42
37ConnecticutConnecticut Higher Education Trust (CHET)57.96
38New MexicoThe Education Plan's College Savings Program59.89
39NevadaSSGA Upromise 529 Plan60.09
40NevadaUSAA 529 College Savings Plan62.28
41KansasSchwab 529 College Savings Plan66.31
42TexasTexas College Savings Plan67.90
43New JerseyNJBEST 529 College Savings Plan68.02
44South DakotaCollegeAccess 529 (Direct-sold)82.91
45West VirginiaSMART529 Select84.46
-District of ColumbiaDC College Savings PlanN/A
-IllinoisBright Start Direct-Sold College Savings ProgramN/A
-KentuckyKY Saves 529N/A
-MississippiMississippi Affordable College Savings (MACS) ProgramN/A
-MontanaAchieve MontanaN/A
-North DakotaCollege SAVE (Direct)N/A
-OregonOregon College Savings PlanN/A
-PennsylvaniaPennsylvania 529 Investment PlanN/A
-Rhode IslandCollegeBound Saver (Direct-sold)N/A
-VermontVermont Higher Education Investment PlanN/A
-WashingtonDreamAhead College Investment PlanN/A

NA = Not Applicable = Program does not have at least one portfolio with sufficiently-long performance in a minimum of four asset allocation categories 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 are 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.

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

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

Disclaimer: Saving For College, LLC 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.