Q2 2021 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, 2021 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
1AlaskaT. Rowe Price College Savings Plan26.61
1AlaskaAlaska 52926.61
3South DakotaCollegeAccess 529 (Direct-sold)32.05
4NevadaUSAA 529 College Savings Plan33.56
5CaliforniaScholarShare 52938.35
6MarylandMaryland 529 -- Maryland Senator Edward J. Kasemeyer College Investment Plan38.68
7South CarolinaFuture Scholar 529 College Savings Plan (Direct-sold)41.15
8WisconsinEdvest41.30
9NebraskaNebraska Education Savings Trust -- Direct College Savings Plan42.29
10IllinoisBright Start Direct-Sold College Savings Program42.53
11NevadaThe Vanguard 529 College Savings Plan46.15
12West VirginiaSMART529 Select46.59
13VirginiaInvest52947.22
14GeorgiaPath2College 529 Plan47.94
15West VirginiaSMART529 WV Direct College Savings Plan48.09
16OhioOhio's 529 Plan, CollegeAdvantage48.44
17MinnesotaMinnesota College Savings Plan48.95
18New MexicoThe Education Plan's College Savings Program49.30
19MichiganMichigan Education Savings Program (MESP)51.14
20TexasTexas College Savings Plan51.31
21KansasSchwab 529 College Savings Plan51.33
22FloridaFlorida 529 Savings Plan51.47
23MontanaAchieve Montana51.53
24MaineNextGen 529 -- Client Direct Series52.21
25Utahmy52953.03
26TennesseeTNStars College Savings 529 Program53.66
27PennsylvaniaPennsylvania 529 Investment Plan55.86
28OklahomaOklahoma College Savings Plan56.18
29New YorkNew York's 529 College Savings Program -- Direct Plan56.18
30IndianaCollegeChoice 529 Direct Savings Plan58.09
31KentuckyKY Saves 52959.35
32VermontVermont Higher Education Investment Plan60.54
33North DakotaCollege SAVE (Direct)60.87
34KansasLearning Quest 529 Education Savings Program (Direct-sold)61.21
35IowaCollege Savings Iowa61.29
36MississippiMississippi Affordable College Savings (MACS) Program61.97
37North CarolinaNC 529 Plan62.52
38Rhode IslandCollegeBound Saver (Direct-sold)62.65
39NebraskaBloomwell 529 Education Savings Plan62.75
40OregonOregon College Savings Plan62.84
41AlabamaCollegeCounts 529 Fund62.86
42MassachusettsU.Fund College Investing Plan63.13
43New HampshireUNIQUE College Investing Plan63.23
44DelawareDE529 Education Savings Plan63.25
45ArizonaAZ529, Arizona’s Education Savings Plan63.41
46MissouriMOST - Missouri's 529 Education Plan (Direct-sold)63.80
47NevadaSSGA Upromise 529 Plan65.01
48ArkansasGIFT College Investing Plan65.75
49LouisianaSTART Saving Program66.01
50IdahoIdaho College Savings Program (IDeal)66.81
51ColoradoDirect Portfolio College Savings Plan67.19
52New JerseyNJBEST 529 College Savings Plan67.78
53HawaiiHawaii's College Savings Program70.70
54WashingtonDreamAhead College Investment Plan74.84
55District of ColumbiaDC College Savings Plan74.97
-ConnecticutConnecticut Higher Education Trust (CHET)N/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.