Q2 2021 529 plan rankings: Three-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.

Three-year performance ranking (click here for one-year performance table, five-year performance table, and ten-year performance table):

RankStatePlanPerformance Score
1OhioOhio's 529 Plan, CollegeAdvantage26.24
2NebraskaNebraska Education Savings Trust -- Direct College Savings Plan29.38
3AlaskaT. Rowe Price College Savings Plan31.35
3AlaskaAlaska 52931.35
5West VirginiaSMART529 WV Direct College Savings Plan32.13
6New YorkNew York's 529 College Savings Program -- Direct Plan34.61
7IndianaCollegeChoice 529 Direct Savings Plan35.55
8LouisianaSTART Saving Program36.90
9IllinoisBright Start Direct-Sold College Savings Program36.93
10PennsylvaniaPennsylvania 529 Investment Plan37.10
11MichiganMichigan Education Savings Program (MESP)37.69
12IowaCollege Savings Iowa38.29
13NevadaThe Vanguard 529 College Savings Plan38.53
14ColoradoDirect Portfolio College Savings Plan38.60
15WisconsinEdvest38.97
16South CarolinaFuture Scholar 529 College Savings Plan (Direct-sold)39.15
17CaliforniaScholarShare 52941.26
18MarylandMaryland 529 -- Maryland Senator Edward J. Kasemeyer College Investment Plan41.82
19FloridaFlorida 529 Savings Plan42.77
20KansasLearning Quest 529 Education Savings Program (Direct-sold)42.98
21Utahmy52943.23
22VirginiaInvest52943.59
23North CarolinaNC 529 Plan43.63
24ArizonaFidelity Arizona College Savings Plan45.63
25DelawareDelaware College Investment Plan45.64
26MassachusettsU.Fund College Investing Plan45.67
27New HampshireUNIQUE College Investing Plan45.73
28AlabamaCollegeCounts 529 Fund45.88
29MissouriMOST - Missouri's 529 Education Plan (Direct-sold)46.11
30MaineNextGen 529 -- Client Direct Series46.66
31WashingtonDreamAhead College Investment Plan48.34
32TexasTexas College Savings Plan49.20
33MinnesotaMinnesota College Savings Plan49.43
34KansasSchwab 529 College Savings Plan51.59
35Rhode IslandCollegeBound Saver (Direct-sold)53.15
36VermontVermont Higher Education Investment Plan56.87
37North DakotaCollege SAVE (Direct)57.19
38HawaiiHawaii's College Savings Program57.52
39OklahomaOklahoma College Savings Plan58.34
40New JerseyNJBEST 529 College Savings Plan58.93
41IdahoIdaho College Savings Program (IDeal)59.35
42ArkansasGIFT College Investing Plan60.78
43NevadaUSAA 529 College Savings Plan64.67
44District of ColumbiaDC College Savings Plan68.03
45South DakotaCollegeAccess 529 (Direct-sold)68.35
46NevadaSSGA Upromise 529 Plan73.37
47MississippiMississippi Affordable College Savings (MACS) Program75.32
48West VirginiaSMART529 Select82.11
-ConnecticutConnecticut Higher Education Trust (CHET)N/A
-GeorgiaPath2College 529 PlanN/A
-KentuckyKY Saves 529N/A
-MontanaAchieve MontanaN/A
-NebraskaBloomwell 529 Education Savings PlanN/A
-New MexicoThe Education Plan's College Savings ProgramN/A
-OregonOregon College Savings PlanN/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.