The largest 529 college savings plans

The largest 529 college savings plans
As ranked by net assets.
FEB 07, 2012
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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