Q4 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 December 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
1AlaskaAlaska 52929.47
1AlaskaT. Rowe Price College Savings Plan29.47
3OhioOhio's 529 Plan, CollegeAdvantage31.89
4ArizonaFidelity Arizona College Savings Plan32.06
5MassachusettsU.Fund College Investing Plan32.14
6New HampshireUNIQUE College Investing Plan32.42
7DelawareDelaware College Investment Plan32.48
8WisconsinEdvest34.01
9New YorkNew York's 529 College Savings Program -- Direct Plan38.80
10IowaCollege Savings Iowa39.09
11FloridaFlorida 529 Savings Plan39.21
12LouisianaSTART Saving Program39.54
13OregonOregon College Savings Plan40.17
14NevadaThe Vanguard 529 College Savings Plan40.20
15IndianaCollegeChoice 529 Direct Savings Plan40.61
16PennsylvaniaPennsylvania 529 Investment Plan41.18
17MichiganMichigan Education Savings Program (MESP)41.50
18South CarolinaFuture Scholar 529 College Savings Plan (Direct-sold)42.26
19IllinoisBright Start Direct-Sold College Savings Program42.46
20KansasLearning Quest 529 Education Savings Program (Direct-sold)42.86
21ColoradoDirect Portfolio College Savings Plan42.95
22North CarolinaNC 529 Plan43.06
23GeorgiaPath2College 529 Plan43.68
24OklahomaOklahoma College Savings Plan44.63
25MinnesotaMinnesota College Savings Plan44.86
26MarylandMaryland 529 -- Maryland Senator Edward J. Kasemeyer College Investment Plan45.13
27MissouriMOST - Missouri's 529 Education Plan (Direct-sold)45.29
28NebraskaNebraska Education Savings Trust -- Direct College Savings Plan46.60
29West VirginiaSMART529 WV Direct College Savings Plan47.32
30HawaiiHawaii's College Savings Program47.42
31VirginiaInvest52950.14
32WashingtonDreamAhead College Investment Plan50.35
33CaliforniaScholarShare 52950.37
34Utahmy52953.40
35AlabamaCollegeCounts 529 Fund54.04
36VermontVermont Higher Education Investment Plan54.61
37NevadaUSAA 529 College Savings Plan55.19
38Rhode IslandCollegeBound Saver (Direct-sold)55.58
39New JerseyNJBEST 529 College Savings Plan55.58
40TexasTexas College Savings Plan56.29
41IdahoIdaho College Savings Program (IDeal)56.83
42KansasSchwab 529 College Savings Plan57.53
43North DakotaCollege SAVE (Direct)57.75
44South DakotaCollegeAccess 529 (Direct-sold)58.29
45MaineNextGen 529 -- Client Direct Series58.42
46ArkansasGIFT College Investing Plan58.50
47ConnecticutConnecticut Higher Education Trust (CHET)59.07
48NevadaSSGA Upromise 529 Plan62.50
49District of ColumbiaDC College Savings Plan71.63
50MississippiMississippi Affordable College Savings (MACS) Program71.98
51MontanaAchieve Montana74.18
52West VirginiaSMART529 Select78.42
-KentuckyKY Saves 529N/A
-NebraskaTD Ameritrade 529 College Savings PlanN/A
-New MexicoThe Education Plan's College Savings ProgramN/A
-TennesseeTNStars College Savings 529 ProgramN/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.