The biggest 529 college savings plans

Ranked by net assets

Dec 23, 2012 @ 12:01 am

Rank State Program Manager Net assets ($M) # of age-based portfolios # of static portfolios
1 Virginia CollegeAmerica American Funds $34,362.4 35 155
2 New York New York's 529 Program (direct) Upromise Investments Inc. $11,610.9 15 13
3 New Hampshire Unique College Investing Plan Fidelity Investments $7,596.5 24 12
4 Rhode Island CollegeBoundfund AllianceBernstein LP $7,125.9 218 84
5 Nevada The Vanguard 529 College Savings Plan Upromise Investments Inc. $6,970.8 15 19
6 Maine NextGen College Investing Plan Select Merrill Lynch Pierce Fenner & Smith $6,097.0 74 69
7 Utah Utah Educational Savings Plan Utah Educational Savings Plan $4,945.1 35 8
8 California ScholarShare College Savings Plan TIAA Tuition Financing Inc. $4,580.8 18 17
9 Massachusetts U.Fund College Investing Plan Fidelity Investments $3,847.0 24 12
10 Ohio BlackRock CollegeAdvantage 529 Plan BlackRock Advisors LLC $3,813.8 53 60
11 New Hampshire Fidelity Advisor 529 Plan Fidelity Investments $3,532.0 46 77
12 Alaska John Hancock Freedom 529 T. Rowe Price Associates Inc. $3,165.3 21 50
13 Michigan Michigan Education Savings Program TIAA Tuition Financing Inc. $3,029.5 18 5
14 Iowa College Savings Iowa 529 Plan The Vanguard Group Inc. $3,002.4 19 10
15 Colorado Scholars Choice College Savings Program Legg Mason Global Asset Allocation LLC $2,846.9 48 51
16 Maryland Maryland College Investment Plan T. Rowe Price Associates Inc. $2,798.5 7 6
17 Ohio CollegeAdvantage 529 Savings Plan Ohio Tuition Trust Authority $2,718.0 20 17
18 Illinois Bright Start College Savings (direct) OFI Private Investments Inc. $2,235.5 12 8
19 New Jersey Franklin Templeton 529 College Savings Plan Franklin Templeton Distributors Inc. $2,179.0 36 36
20 New York New York's 529 Program (adviser-guided) Upromise Investments Inc. $2,154.2 24 86
21 Virginia Virginia529 inVEST Virginia College Savings Plan $2,039.3 8 10
22 Wisconsin EdVest College Savings Plan Wells Fargo Funds Management LLC $2,014.6 56 44
23 Connecticut Connecticut Higher Education Trust TIAA Tuition Financing Inc. $1,737.1 18 8
24 Missouri Most Missouri's 529 Plan Upromise Investments Inc. $1,710.4 15 14
25 Alaska T. Rowe Price College Savings Plan T. Rowe Price Associates Inc. $1,667.1 8 6
26 New Mexico Scholar'sEdge OFI Private Investments Inc $1,643.9 18 45
27 Kansas Schwab 529 College Savings Plan American Century Investment Management Inc. $1,640.0 16 7
28 Colorado CollegeInvest Direct Portfolio Upromise Investments Inc. $1,556.0 13 8
29 Kansas LearningQuest 529 Program (direct) American Century Investment Management Inc. $1,532.9 16 14
30 Illinois Bright Start College Savings (adviser) OFI Private Investments Inc. $1,489.4 24 20
31 Nevada USAA College Savings Plan Upromise Investments Inc. $1,415.6 6 7
32 Nebraska Nest Direct College Savings Plan First National Bank of Omaha $1,311.7 20 19
33 West Virginia The Hartford Smart529 Hartford Life Insurance Co. $1,273.0 20 81
34 Georgia Path2College 529 Plan TIAA Tuition Financing Inc. $1,173.9 12 5
35 Pennsylvania Pennsylvania 529 Investment Plan Pennsylvania Treasury Department $1,151.8 15 10
36 Indiana CollegeChoice Advisor 529 Savings Plan Upromise Investments Inc. $1,147.1 14 21
37 Illinois Bright Directions College Savings Program Union Bank & Trust Co. $1,028.7 60 156
38 North Carolina National College Savings Program College Foundation Inc. $1,022.9 13 14
39 South Dakota CollegeAccess 529 Allianz Global Investors Distributors LLC $1,019.9 30 94
40 South Carolina Future Scholar 529 (adviser) Columbia Management Investment Distributors Inc. $1,000.6 119 153
41 Nevada SSgA Upromise 529 Plan Upromise Investments Inc. $988.6 7 18
42 Minnesota Minnesota College Savings Plan TIAA Tuition Financing Inc. $958.5 6 6
43 Wisconsin Tomorrow's Scholar College Savings Plan Wells Fargo Funds Management LLC $899.8 45 21
44 Oregon MFS 529 Savings Plan MFS Investment Management $809.1 15 54
45 Oregon Oregon College Savings Plan TIAA Tuition Financing Inc. $796.3 9 14
46 Indiana CollegeChoice 529 Direct Savings Plan Upromise Investments Inc. $780.9 7 8
47 Alabama CollegeCounts 529 Fund Advisor Plan Union Bank & Trust Co. $761.9 60 96
48 Nebraska Nest Advisor College Savings Plan First National Bank of Omaha $686.3 40 42
49 New Jersey NJBest 529 College Savings Plan Franklin Templeton Distributors Inc. $674.9 12 6
50 Delaware Delaware College Investment Plan Fidelity Investments $522.5 24 12
As of Sept. 30. Source: Morningstar Inc.

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