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General Information
State Farm 529 Savings Plan
Nebraska's State Farm 529 Savings Plan utilizes Vanguard, State Street, DFA and iShares funds in its age-based and static portfolios. First National Bank serves as program manager and assumed responsibilities as plan distributor from Oppenheimer and OFI in August of 2018. To find a financial advisor in your area, use the Directory of Financial Professionals.
Our Ratingix
4.0 of 5
Fee Scoreix
5 of 5
Performanceix
3 of 5
- Program typeSavings
- Inception2003
- State agencyNebraska State Treasurer
- Tax deduction
- Program ManagerFirst National Bank of Omaha
- Program distributorFirst National Capital Markets, Inc.
Investors in State Farm 529 Savings Plan can select from the following investment options. Click on a portfolio name for more information.
Use the form below to filter through the investment options in this plan
Child age
Max Expense Ratio:2.5%
Age Based Investment Options
Sometimes referred to as the enrollment-based option, this is an investment approach where your asset allocation is programmed to change over time. Accounts for young beneficiaries are invested aggressively and accounts for beneficiaries with college right around the corner are invested much more conservatively. In some 529 plans, the age-based option operates by automatically transferring your investment from one static portfolio to another at certain points in time. Others utilize lifecycle funds or employ lifecycle-type tactics within the portfolio containing your investment so that it is not necessary to transfer your investment between portfolios.
| Portfolio | E.R.ix | % Equity | 1YR Performance | Rank |
|---|---|---|---|---|
| Age-Based Newborn to 2 years old | 0.57% | 100% | -11.33% | N/A |
| Age-Based 3-5 years old | 0.57% | 95% | -10.3% | N/A |
| Age-Based 6-8 years old | 0.57% | 85% | -8.35% | N/A |
| Age-Based 9-10 years old | 0.57% | 75% | -6.63% | N/A |
| Age-Based 11-12 years old | 0.58% | 65% | -4.93% | N/A |
| Age-Based 13-14 years old | 0.59% | 45% | -3.25% | N/A |
| Age-Based 15-16 years old | 0.59% | 55% | -1.77% | N/A |
| Age-Based 17-18 years old | 0.6% | 35% | -0.29% | N/A |
| Age-Based 19 years and older | 0.61% | 25% | 1.08% | N/A |
Static Investment Options
This refers to an investment option that is not programmed to change over time. The individual fund portfolio and multi-fund portfolio described below are static options. So are many portfolios that do not use mutual funds, such as stable-value options, guaranteed options, CD options, etc.
| Portfolio | E.R.ix | % Equity | 1YR Performance | Rank |
|---|---|---|---|---|
| All Equity | 0.57% | 100% | -11.33% | N/A |
| Growth | 0.57% | 85% | -8.35% | N/A |
| Moderate Growth | 0.58% | 65% | -4.93% | N/A |
| Balanced | 0.59% | 55% | -3.34% | N/A |
| Conservative | 0.61% | 25% | 1.08% | N/A |
Individual Investment Options
Sometimes called a single-fund option, this is a portfolio invested in a single mutual fund. Often the name of the 529 portfolio is very similar to the name of the underlying mutual fund. A large number of broker-sold 529s offer an extensive line-up of individual fund options, while a smaller number of direct-sold 529s offer them.
| Portfolio | E.R.ix | % Equity | 1YR Performance | Rank |
|---|---|---|---|---|
| Money Market | 0.45% | 0% | 1.68% | N/A |
| Bank Savings | 0.2% | 0% | 1.19% | N/A |
Use the form below to filter through the investment options in this plan