The biggest 529 college savings plans

Ranked by net assets

Dec 23, 2012 @ 12:01 am (Updated 11:46 am) EST

RankStateProgramManagerNet assets ($M)# of age-based portfolios# of static portfolios
1VirginiaCollegeAmericaAmerican Funds$34,362.4 35155
2New YorkNew York's 529 Program (direct)Upromise Investments Inc.$11,610.9 1513
3New HampshireUnique College Investing PlanFidelity Investments$7,596.5 2412
4Rhode IslandCollegeBoundfundAllianceBernstein LP$7,125.9 21884
5NevadaThe Vanguard 529 College Savings PlanUpromise Investments Inc.$6,970.8 1519
6MaineNextGen College Investing Plan SelectMerrill Lynch Pierce Fenner & Smith$6,097.0 7469
7UtahUtah Educational Savings PlanUtah Educational Savings Plan$4,945.1 358
8CaliforniaScholarShare College Savings PlanTIAA Tuition Financing Inc.$4,580.8 1817
9MassachusettsU.Fund College Investing PlanFidelity Investments$3,847.0 2412
10OhioBlackRock CollegeAdvantage 529 PlanBlackRock Advisors LLC$3,813.8 5360
11New HampshireFidelity Advisor 529 PlanFidelity Investments$3,532.0 4677
12AlaskaJohn Hancock Freedom 529T. Rowe Price Associates Inc.$3,165.3 2150
13MichiganMichigan Education Savings ProgramTIAA Tuition Financing Inc.$3,029.5 185
14IowaCollege Savings Iowa 529 PlanThe Vanguard Group Inc.$3,002.4 1910
15ColoradoScholars Choice College Savings ProgramLegg Mason Global Asset Allocation LLC$2,846.9 4851
16MarylandMaryland College Investment PlanT. Rowe Price Associates Inc.$2,798.5 76
17OhioCollegeAdvantage 529 Savings PlanOhio Tuition Trust Authority$2,718.0 2017
18IllinoisBright Start College Savings (direct)OFI Private Investments Inc.$2,235.5 128
19New JerseyFranklin Templeton 529 College Savings PlanFranklin Templeton Distributors Inc.$2,179.0 3636
20New YorkNew York's 529 Program (adviser-guided)Upromise Investments Inc.$2,154.2 2486
21VirginiaVirginia529 inVESTVirginia College Savings Plan$2,039.3 810
22WisconsinEdVest College Savings PlanWells Fargo Funds Management LLC$2,014.6 5644
23ConnecticutConnecticut Higher Education TrustTIAA Tuition Financing Inc.$1,737.1 188
24MissouriMost Missouri's 529 PlanUpromise Investments Inc.$1,710.4 1514
25AlaskaT. Rowe Price College Savings PlanT. Rowe Price Associates Inc.$1,667.1 86
26New MexicoScholar'sEdgeOFI Private Investments Inc$1,643.9 1845
27KansasSchwab 529 College Savings PlanAmerican Century Investment Management Inc.$1,640.0 167
28ColoradoCollegeInvest Direct PortfolioUpromise Investments Inc.$1,556.0 138
29KansasLearningQuest 529 Program (direct)American Century Investment Management Inc.$1,532.9 1614
30IllinoisBright Start College Savings (adviser)OFI Private Investments Inc.$1,489.4 2420
31NevadaUSAA College Savings PlanUpromise Investments Inc.$1,415.6 67
32NebraskaNest Direct College Savings PlanFirst National Bank of Omaha$1,311.7 2019
33West VirginiaThe Hartford Smart529Hartford Life Insurance Co.$1,273.0 2081
34GeorgiaPath2College 529 PlanTIAA Tuition Financing Inc.$1,173.9 125
35PennsylvaniaPennsylvania 529 Investment PlanPennsylvania Treasury Department$1,151.8 1510
36IndianaCollegeChoice Advisor 529 Savings PlanUpromise Investments Inc.$1,147.1 1421
37IllinoisBright Directions College Savings ProgramUnion Bank & Trust Co. $1,028.7 60156
38North CarolinaNational College Savings ProgramCollege Foundation Inc.$1,022.9 1314
39South DakotaCollegeAccess 529Allianz Global Investors Distributors LLC$1,019.9 3094
40South CarolinaFuture Scholar 529 (adviser)Columbia Management Investment Distributors Inc.$1,000.6 119153
41NevadaSSgA Upromise 529 PlanUpromise Investments Inc.$988.6 718
42MinnesotaMinnesota College Savings PlanTIAA Tuition Financing Inc.$958.5 66
43WisconsinTomorrow's Scholar College Savings PlanWells Fargo Funds Management LLC$899.8 4521
44OregonMFS 529 Savings PlanMFS Investment Management$809.1 1554
45OregonOregon College Savings PlanTIAA Tuition Financing Inc.$796.3 914
46IndianaCollegeChoice 529 Direct Savings PlanUpromise Investments Inc.$780.9 78
47AlabamaCollegeCounts 529 Fund Advisor PlanUnion Bank & Trust Co. $761.9 6096
48NebraskaNest Advisor College Savings PlanFirst National Bank of Omaha$686.3 4042
49New JerseyNJBest 529 College Savings PlanFranklin Templeton Distributors Inc.$674.9 126
50DelawareDelaware College Investment PlanFidelity Investments$522.5 2412

As of Sept. 30.

Source: Morningstar Inc.