Q1 2022 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, 2022 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
1South DakotaCollegeAccess 529 (Direct-sold)6.92
2West VirginiaSMART529 WV Direct College Savings Plan18.25
4GeorgiaPath2College 529 Plan23.40
5MichiganMichigan Education Savings Program (MESP)23.92
6MinnesotaMinnesota College Savings Plan27.16
7IndianaCollegeChoice 529 Direct Savings Plan28.51
8CaliforniaScholarShare 52931.39
9OklahomaOklahoma College Savings Plan32.31
10MontanaAchieve Montana32.52
11District of ColumbiaDC College Savings Plan33.35
12KansasLearning Quest 529 Education Savings Program (Direct-sold)33.75
13South CarolinaFuture Scholar 529 College Savings Plan (Direct-sold)34.85
14New MexicoThe Education Plan's College Savings Program35.85
15NebraskaNebraska Education Savings Trust -- Direct College Savings Plan42.03
16VermontVermont Higher Education Investment Plan42.74
17IllinoisBright Start Direct-Sold College Savings Program44.11
18AlabamaCollegeCounts 529 Fund44.39
19MaineNextGen 529 -- Client Direct Series46.28
20AlaskaT. Rowe Price College Savings Plan46.60
20AlaskaAlaska 52946.60
22MarylandMaryland 529 -- Maryland Senator Edward J. Kasemeyer College Investment Plan46.68
23NebraskaBloomwell 529 Education Savings Plan47.35
25KansasSchwab 529 College Savings Plan49.28
26FloridaFlorida 529 Savings Plan51.09
27West VirginiaSMART529 Select51.51
28KentuckyKY Saves 52952.10
30MississippiMississippi Affordable College Savings (MACS) Program52.93
31OhioOhio's 529 Plan, CollegeAdvantage54.90
32NevadaSSGA Upromise 529 Plan56.75
33PennsylvaniaPennsylvania 529 Investment Plan58.67
34NevadaThe Vanguard 529 College Savings Plan60.02
35New YorkNew York's 529 College Savings Program -- Direct Plan61.09
36ConnecticutConnecticut Higher Education Trust (CHET)61.59
37ArizonaAZ529, Arizona’s Education Savings Plan61.70
38MassachusettsU.Fund College Investing Plan61.81
39DelawareDE529 Education Savings Plan61.82
40New HampshireUNIQUE College Investing Plan61.97
41North DakotaCollege SAVE (Direct)62.05
42Rhode IslandCollegeBound Saver (Direct-sold)63.13
43LouisianaSTART Saving Program63.71
44IowaCollege Savings Iowa64.73
45ArkansasArkansas Brighter Future Direct Plan65.59
46MissouriMOST - Missouri's 529 Education Plan (Direct-sold)66.63
47OregonOregon College Savings Plan67.47
48ColoradoDirect Portfolio College Savings Plan67.92
49IdahoIdaho College Savings Program (IDeal)68.21
50North CarolinaNC 529 Plan68.52
51HawaiiHawaii's College Savings Program69.10
52NevadaUSAA 529 Education Savings Plan69.57
53New JerseyNJBEST 529 College Savings Plan72.91
54TennesseeTNStars College Savings 529 Program74.19
55WashingtonDreamAhead College Investment Plan78.35
-TexasTexas 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.