Q2 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 June 30, 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
1OhioOhio’s 529 Plan, CollegeAdvantage21.35
2PennsylvaniaPennsylvania 529 Investment Plan24.72
3LouisianaSTART Saving Program25.28
4New YorkNew York's 529 College Savings Program -- Direct Plan25.37
5IowaCollege Savings Iowa25.79
6ColoradoDirect Portfolio College Savings Plan27.78
7NevadaThe Vanguard 529 College Savings Plan27.98
8North CarolinaNC 529 Plan28.96
9MissouriMOST - Missouri's 529 College Savings Plan (Direct-sold)30.42
10MichiganMichigan Education Savings Program (MESP)30.72
11KansasLearning Quest 529 Education Savings Program (Direct-sold)31.83
12NebraskaNebraska Education Savings Trust -- Direct College Savings Plan32.35
13IndianaCollegeChoice 529 Direct Savings Plan32.36
14AlaskaT. Rowe Price College Savings Plan32.58
14AlaskaUniversity of Alaska College Savings Plan32.58
16New JerseyNJBEST 529 College Savings Plan33.72
19NebraskaTD Ameritrade 529 College Savings Plan35.29
20FloridaFlorida 529 Savings Plan35.31
21MinnesotaMinnesota College Savings Plan36.38
22IllinoisBright Start Direct-Sold College Savings Program36.39
23GeorgiaPath2College 529 Plan37.11
24AlabamaCollegeCounts 529 Fund39.00
25TennesseeTNStars College Savings 529 Program39.75
26HawaiiHawaii's College Savings Program39.95
27District of ColumbiaDC College Savings Plan40.07
28MaineNextGen 529 -- Client Direct Series40.44
29WashingtonDreamAhead College Investment Plan40.68
30West VirginiaSMART529 WV Direct College Savings Plan41.84
31MarylandMaryland 529 -- Maryland Senator Edward J. Kasemeyer College Investment Plan42.23
32South CarolinaFuture Scholar 529 College Savings Plan (Direct-sold)42.33
33CaliforniaScholarShare 52942.96
34IdahoIdaho College Savings Program (IDeal)43.28
35VermontVermont Higher Education Investment Plan43.45
36Rhode IslandCollegeBound Saver (Direct-sold)44.10
37ArizonaFidelity Arizona College Savings Plan45.42
38MassachusettsU.Fund College Investing Plan45.53
39New HampshireUNIQUE College Investing Plan45.69
40DelawareDelaware College Investment Plan45.89
41ArkansasGIFT College Investing Plan47.83
42North DakotaCollege SAVE (Direct)47.93
44New MexicoThe Education Plan's College Savings Program49.79
45NevadaUSAA 529 College Savings Plan50.40
46NevadaSSGA Upromise 529 Plan52.08
47ConnecticutConnecticut Higher Education Trust (CHET)52.94
48OklahomaOklahoma College Savings Plan54.34
49MississippiMississippi Affordable College Savings (MACS) Program54.36
50TexasTexas College Savings Plan59.12
51KansasSchwab 529 College Savings Plan61.82
52West VirginiaSMART529 Select79.80
53MontanaAchieve Montana83.16
54South DakotaCollegeAccess 529 (Direct-sold)83.93
-KentuckyKY Saves 529N/A
-OregonOregon College Savings 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.