Q1 2019 529 plan rankings: One-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 March 31, 2019 for Direct-sold 529 plans.

One-year performance ranking (click here for three-year performance table, five-year performance table, and ten-year performance table):

RankStatePlanPerformance Score
1NebraskaNebraska Education Savings Trust -- Direct College Savings Plan21.08
2MichiganMichigan Education Savings Program (MESP)22.14
3NebraskaTD Ameritrade 529 College Savings Plan22.85
4District of ColumbiaDC College Savings Plan24.18
5OhioOhio’s 529 Plan, CollegeAdvantage25.82
6New YorkNew York's 529 College Savings Program -- Direct Plan26.45
7GeorgiaPath2College 529 Plan26.68
9South CarolinaFuture Scholar 529 College Savings Plan (Direct-sold)28.02
10IndianaCollegeChoice 529 Direct Savings Plan28.13
11KansasLearning Quest 529 Education Savings Program (Direct-sold)28.15
12ColoradoDirect Portfolio College Savings Plan28.48
13MinnesotaMinnesota College Savings Plan28.77
15AlabamaCollegeCounts 529 Fund31.11
16IowaCollege Savings Iowa31.69
17PennsylvaniaPennsylvania 529 Investment Plan32.34
18West VirginiaSMART529 WV Direct College Savings Plan33.03
19HawaiiHawaii's College Savings Program33.19
20LouisianaSTART Saving Program33.92
21CaliforniaScholarShare 52934.35
22NevadaThe Vanguard 529 College Savings Plan34.47
23IllinoisBright Start Direct-Sold College Savings Program34.48
24North CarolinaNC 529 Plan34.95
25MissouriMOST - Missouri's 529 College Savings Plan (Direct-sold)38.26
26New JerseyNJBEST 529 College Savings Plan39.59
27MaineNextGen 529 -- Client Direct Series40.05
28FloridaFlorida 529 Savings Plan41.13
29VermontVermont Higher Education Investment Plan42.75
30TennesseeTNStars College Savings 529 Program44.43
31NevadaSSGA Upromise 529 Plan45.48
32New MexicoThe Education Plan's College Savings Program46.37
33Rhode IslandCollegeBound Saver (Direct-sold)46.41
34OklahomaOklahoma College Savings Plan47.04
35AlaskaT. Rowe Price College Savings Plan47.76
35AlaskaUniversity of Alaska College Savings Plan47.76
37MarylandMaryland 529 -- Maryland Senator Edward J. Kasemeyer College Investment Plan49.70
38ArkansasGIFT College Investing Plan49.93
39IdahoIdaho College Savings Program (IDeal)50.23
40North DakotaCollege SAVE (Direct)50.27
41New HampshireUNIQUE College Investing Plan52.09
41MassachusettsU.Fund College Investing Plan52.16
43ArizonaFidelity Arizona College Savings Plan52.19
44MississippiMississippi Affordable College Savings (MACS) Program52.39
46DelawareDelaware College Investment Plan52.55
47KansasSchwab 529 College Savings Plan55.86
48TexasTexas College Savings Plan56.65
49ConnecticutConnecticut Higher Education Trust (CHET)58.04
50MontanaAchieve Montana63.50
51NevadaUSAA 529 College Savings Plan71.19
52West VirginiaSMART529 Select77.36
53South DakotaCollegeAccess 529 (Direct-sold)87.86
-KentuckyKY Saves 529N/A
-OregonOregon College Savings 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.