Q2 2019 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, 2019 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
1AlaskaUniversity of Alaska College Savings Plan30.59
1AlaskaT. Rowe Price College Savings Plan30.59
3West VirginiaSMART529 WV Direct College Savings Plan31.46
4CaliforniaScholarShare 52932.55
5OhioOhio’s 529 Plan, CollegeAdvantage34.31
6WisconsinEdvest34.94
7NevadaThe Vanguard 529 College Savings Plan37.07
8New YorkNew York's 529 College Savings Program -- Direct Plan38.52
9IndianaCollegeChoice 529 Direct Savings Plan38.54
10NebraskaNebraska Education Savings Trust -- Direct College Savings Plan40.96
11New HampshireUNIQUE College Investing Plan40.97
12MassachusettsU.Fund College Investing Plan40.98
13ArizonaFidelity Arizona College Savings Plan41.18
14DelawareDelaware College Investment Plan41.33
15MarylandMaryland 529 -- Maryland Senator Edward J. Kasemeyer College Investment Plan42.16
16New JerseyNJBEST 529 College Savings Plan42.75
17NevadaUSAA 529 College Savings Plan43.35
18MaineNextGen 529 -- Client Direct Series43.40
19South CarolinaFuture Scholar 529 College Savings Plan (Direct-sold)43.95
20VirginiaInvest52945.21
21North CarolinaNC 529 Plan47.19
22LouisianaSTART Saving Program47.50
23FloridaFlorida 529 Savings Plan47.67
24GeorgiaPath2College 529 Plan48.12
25MissouriMOST - Missouri's 529 College Savings Plan (Direct-sold)48.30
26NebraskaTD Ameritrade 529 College Savings Plan48.72
27KansasLearning Quest 529 Education Savings Program (Direct-sold)49.26
28ConnecticutConnecticut Higher Education Trust (CHET)50.27
29ColoradoDirect Portfolio College Savings Plan50.55
30OklahomaOklahoma College Savings Plan51.99
31MichiganMichigan Education Savings Program (MESP)52.25
32IowaCollege Savings Iowa52.31
33MinnesotaMinnesota College Savings Plan54.17
34TennesseeTNStars College Savings 529 Program59.85
35Utahmy52959.88
36TexasTexas College Savings Plan60.33
37ArkansasGIFT College Investing Plan61.17
38NevadaSSGA Upromise 529 Plan61.19
39IdahoIdaho College Savings Program (IDeal)62.84
40HawaiiHawaii's College Savings Program63.22
41KansasSchwab 529 College Savings Plan64.32
42AlabamaCollegeCounts 529 Fund65.47
43South DakotaCollegeAccess 529 (Direct-sold)66.28
44New MexicoThe Education Plan's College Savings Program67.78
45VermontVermont Higher Education Investment Plan73.44
46West VirginiaSMART529 Select83.40
47MontanaAchieve Montana91.57
-District of ColumbiaDC College Savings PlanN/A
-IllinoisBright Start Direct-Sold College Savings ProgramN/A
-KentuckyKY Saves 529N/A
-MississippiMississippi Affordable College Savings (MACS) ProgramN/A
-North DakotaCollege SAVE (Direct)N/A
-OregonOregon College Savings PlanN/A
-PennsylvaniaPennsylvania 529 Investment PlanN/A
-Rhode IslandCollegeBound Saver (Direct-sold)N/A
-WashingtonDreamAhead College Investment 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.