The largest 529 college savings plans
As ranked by net assets.
Virginia’s CollegeAmerica program, managed by American Funds leads our list of the largest 529 college savings plans.
Ranked by net assets
| State | Program name | Program manager | Net assets ($M) | Number of age-based portfolios | Number of static portfolios | |
|---|---|---|---|---|---|---|
| 1 | Virginia | CollegeAmerica | American Funds | $30,320.0 | 0 | 125 |
| 2 | New York | New York’s 529 College Savings Program (direct) | Upromise Investments Inc. | $9,995.5 | 15 | 13 |
| 3 | Rhode Island | CollegeBoundfund | AllianceBernstein LP | $7,311.8 | 230 | 97 |
| 4 | New Hampshire | Unique College Investing Plan | Fidelity Investments | $6,791.8 | 24 | 12 |
| 5 | Nevada | Vanguard 529 College Savings Plan | Upromise Investments Inc. | $5,807.5 | 15 | 19 |
| 6 | Maine | NextGen College Investing Plan | Merrill Lynch Pierce Fenner & Smith Inc. | $5,671.7 | 86 | 74 |
| 7 | Utah | Utah Educational Savings Plan | Utah Educational Savings Plan | $4,125.8 | 35 | 7 |
| 8 | Massachusetts | U.Fund College Investing Plan | Fidelity Investments | $3,484.6 | 24 | 12 |
| 9 | Ohio | BlackRock CollegeAdvantage 529 Plan | BlackRock Advisors LLC | $3,465.5 | 53 | 60 |
| 10 | New Hampshire | Fidelity Advisor 529 Plan | Fidelity Investments | $3,082.8 | 50 | 77 |
| 11 | Alaska | John Hancock Freedom 529 | T. Rowe Price Associates Inc. | $2,763.1 | 21 | 50 |
| 12 | Michigan | Michigan Education Savings Program | TIAA Tuition Financing Inc. | $2,673.8 | 18 | 5 |
| 13 | Iowa | College Savings Iowa 529 Plan | The Vanguard Group Inc. | $2,647.7 | 19 | 9 |
| 14 | Colorado | Scholars Choice College Savings Program | Legg Mason Global Asset Allocation LLC | $2,538.7 | 48 | 36 |
| 15 | Maryland | Maryland College Investment Plan | T. Rowe Price Associates Inc. | $2,380.1 | 8 | 6 |
| 16 | Ohio | CollegeAdvantage 529 Savings Plan | Ohio Tuition Trust Authority | $2,237.8 | 20 | 17 |
| 17 | New Jersey | Franklin Templeton 529 College Savings Plan | Franklin Advisers Inc. | $1,855.8 | 36 | 36 |
| 18 | New York | New York’s 529 College Savings Program (adviser) | Upromise Investments Inc. | $1,836.6 | 24 | 96 |
| 19 | Illinois | Bright Start College Savings Program (direct) | OFI Private Investments Inc. | $1,814.8 | 12 | 7 |
| 20 | Virginia | Virginia Education Savings Trust | Virginia College Savings Plan | $1,738.9 | 11 | 10 |
| 21 | Wisconsin | EdVest College Savings Plan | Wells Fargo Funds Management LLC | $1,722.8 | 56 | 44 |
| 22 | Connecticut | Connecticut Higher Education Trust | TIAA Tuition Financing Inc. | $1,537.0 | 18 | 8 |
| 23 | Missouri | Most Missouri’s 529 College Savings Plan | Upromise Investments Inc. | $1,524.2 | 15 | 14 |
| 24 | New Mexico | Scholar’sEdge | OFI Private Investments Inc. | $1,508.1 | 18 | 45 |
| 25 | Alaska | T. Rowe Price College Savings Plan | T. Rowe Price Associates Inc. | $1,437.5 | 8 | 6 |
| 26 | Kansas | LearningQuest 529 Program (direct) | American Century Inv Management Inc. | $1,398.8 | 16 | 14 |
| 27 | Illinois | Bright Start College Savings Program (adviser) | OFI Private Investments Inc. | $1,350.1 | 24 | 16 |
| 28 | Colorado | CollegeInvest Direct Portfolio | Upromise Investments Inc. | $1,314.3 | 13 | 8 |
| 29 | Kansas | Schwab 529 College Savings Plan | American Century Inv Management Inc. | $1,293.3 | 16 | 7 |
| 30 | Nebraska | NEST Direct College Savings Plan | First National Bank of Omaha | $1,195.8 | 20 | 17 |
| 31 | West Virginia | The Hartford Smart529 | Hartford Life Insurance Co. | $1,156.8 | 20 | 78 |
| 32 | Nevada | USAA 529 College Savings Plan | Upromise Investments Inc. | $1,126.3 | 6 | 7 |
| 33 | Georgia | Path2College 529 Plan | TIAA Tuition Financing Inc. | $986.7 | 12 | 5 |
| 34 | Indiana | CollegeChoice Advisor 529 Savings Plan | Upromise Investments Inc. | $974.4 | 14 | 21 |
| 35 | South Carolina | Future Scholar 529 College Savings Plans (Adviser) | Columbia Management Investment Distributors Inc. | $962.2 | 42 | 139 |
| 36 | Pennsylvania | Pennsylvania 529 Investment Plan | Upromise Investments Inc. | $958.4 | 15 | 10 |
| 37 | South Dakota | CollegeAccess 529 | Allianz Global Investors Fund Management LLC | $912.7 | 30 | 95 |
| 38 | Nevada | Upromise College Fund 529 Plan | Upromise Investments Inc. | $899.6 | 13 | 8 |
| 39 | Wisconsin | Tomorrow’s Scholar College Savings Plan | Wells Fargo Funds Management LLC | $884.7 | 45 | 21 |
| 40 | Minnesota | Minnesota College Savings Plan | TIAA Tuition Financing Inc. | $865.3 | 6 | 6 |
| 41 | North Carolina | National College Savings Program | College Foundation Inc. | $820.8 | 13 | 17 |
| 42 | Illinois | Bright Directions College Savings Program | Union Bank & Trust Co. | $813.1 | 60 | 160 |
| 43 | Alabama | CollegeCounts 529 Fund | Union Bank & Trust Co. | $768.8 | 74 | 125 |
| 44 | Oregon | MFS 529 Savings Plan | MFS Investment Management | $703.4 | 15 | 54 |
| 45 | Oregon | Oregon College Savings Plan | TIAA Tuition Financing Inc. | $676.4 | 6 | 14 |
| 46 | Nebraska | NEST Advisor College Savings Plan | First National Bank of Omaha | $626.6 | 40 | 34 |
| 47 | Indiana | CollegeChoice 529 Direct Savings Plan | Upromise Investments Inc. | $609.6 | 6 | 8 |
| 48 | New Jersey | NJBest 529 College Savings Plan | Franklin Advisers Inc. | $583.3 | 12 | 6 |
| 49 | Delaware | Delaware College Investment Plan | Fidelity Investments | $478.1 | 24 | 12 |
| 50 | Nebraska | TD Ameritrade 529 College Savings Plan | First National Bank of Omaha | $433.7 | 20 | 18 |
| Net assets as of Oct. 31; all other data as of Nov. 22. Source: Morningstar Inc. | ||||||
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