Q4 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 December 31, 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
1NevadaThe Vanguard 529 College Savings Plan27.70
2MassachusettsU.Fund College Investing Plan29.73
3ArizonaFidelity Arizona College Savings Plan29.80
4New HampshireUNIQUE College Investing Plan29.91
5DelawareDelaware College Investment Plan29.97
6OhioOhio's 529 Plan, CollegeAdvantage30.38
7AlaskaAlaska 52931.03
7AlaskaT. Rowe Price College Savings Plan31.03
9New YorkNew York's 529 College Savings Program -- Direct Plan32.11
10West VirginiaSMART529 WV Direct College Savings Plan33.21
11IndianaCollegeChoice 529 Direct Savings Plan34.78
12CaliforniaScholarShare 52935.13
13LouisianaSTART Saving Program37.25
14WisconsinEdvest37.28
15MissouriMOST - Missouri's 529 Education Plan (Direct-sold)37.35
16IowaCollege Savings Iowa38.67
17North CarolinaNC 529 Plan38.74
18PennsylvaniaPennsylvania 529 Investment Plan38.90
19NebraskaNebraska Education Savings Trust -- Direct College Savings Plan39.23
20MinnesotaMinnesota College Savings Plan42.38
21MichiganMichigan Education Savings Program (MESP)42.55
22VirginiaInvest52943.48
23ColoradoDirect Portfolio College Savings Plan44.05
24South CarolinaFuture Scholar 529 College Savings Plan (Direct-sold)44.27
25MarylandMaryland 529 -- Maryland Senator Edward J. Kasemeyer College Investment Plan44.81
26ConnecticutConnecticut Higher Education Trust (CHET)44.99
27GeorgiaPath2College 529 Plan45.00
28FloridaFlorida 529 Savings Plan45.46
29KansasLearning Quest 529 Education Savings Program (Direct-sold)46.06
30OklahomaOklahoma College Savings Plan46.93
31Rhode IslandCollegeBound Saver (Direct-sold)50.87
32Utahmy52951.56
33MaineNextGen 529 -- Client Direct Series51.59
34NevadaSSGA Upromise 529 Plan52.69
35ArkansasGIFT College Investing Plan54.72
36IdahoIdaho College Savings Program (IDeal)55.43
37AlabamaCollegeCounts 529 Fund56.25
38New JerseyNJBEST 529 College Savings Plan56.36
39HawaiiHawaii's College Savings Program58.13
40TexasTexas College Savings Plan59.17
41South DakotaCollegeAccess 529 (Direct-sold)60.40
42VermontVermont Higher Education Investment Plan61.40
43NevadaUSAA 529 College Savings Plan63.81
44KansasSchwab 529 College Savings Plan64.31
45West VirginiaSMART529 Select84.36
46MontanaAchieve Montana92.24
-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
-NebraskaTD Ameritrade 529 College Savings PlanN/A
-New MexicoThe Education Plan's College Savings ProgramN/A
-North DakotaCollege SAVE (Direct)N/A
-OregonOregon College Savings PlanN/A
-TennesseeTNStars College Savings 529 ProgramN/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.