Savingforcollege.com Comparison Study: 529 Fee Table ...

[Pages:11] Comparison Study: 529 Fee Table Examples. Direct-sold 529 plans only Source: 529 plan official offering materials Assumptions: $10,000 investment, 5% annual return Last updated: 3/02/2007

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State

Program

Total Expenses Over 10 Years

Lowest

Next

Highest

Next

Program/Investment fee lowest fee fee highest fee

manager

structure structure structure structure Comments

Alabama

Higher Education 529 Fund

Van Kampen

Unit Class S (no account fee for

this class). Requires Alabama

786

918

1375

1329 residency.

Alaska Alaska Arizona

T. Rowe Price College Savings

Plan

T. Rowe Price

1135

1265

1462

Includes a $25 (waivable) 1450 annual account fee

University of Alaska College Savings Plan

T. Rowe Price

Includes a $25 (waivable)

annual account fee except for

the lowest-fee option (called

480

1135

1462

1450 ACT).

Fidelity Arizona College Savings

Plan

Fidelity

The $628 figure applies to all

index fund options. The other

figures refer to actively

628

894

1324

1316 managed options.

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State Arkansas California Colorado

Program

Total Expenses Over 10 Years

Lowest

Next

Highest

Next

Program/Investment fee lowest fee fee highest fee

manager

structure structure structure structure Comments

GIFT College Investing Plan

Upromise/Vanguard 1240

1240

1240

1240

Includes a $20 annual account fee. A different figure of $1,049 is shown for Arkansas residents not subject to the account fee.

The Scholarshare College Savings Plan

Fidelity

The $628 figure applies to the

index fund options. The other

figures refer to actively

628

894

1333

1320 managed options.

Direct Portfolio College Savings

Plan

Upromise/Vanguard

1122

1122

1122

1122

Includes a $20 annual account fee. A different figure of $930 is shown for Colorado residents not subject to the account fee.

Conn

Connecticut Higher Education

Trust (CHET)

TIAA-CREF

Delaware

Delaware College Investment Plan

Fidelity

793

793

793

793

The $628 figure applies to the

index fund options. The other

figures refer to actively

628

894

1325

1310 managed options.

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State DC

Program

Total Expenses Over 10 Years

Lowest

Next

Highest

Next

Program/Investment fee lowest fee fee highest fee

manager

structure structure structure structure Comments

DC 529 College Savings Program Calvert

This is for a direct-sold account

which incurs a $15 annual

account fee. Requires DC

778

1044

2330

2309 residency.

Florida

Florida College Investment Plan Board/Various

Does not include the $50 one-

955

955

955

955 time application fee.

Georgia

Georgia Higher Education Savings Plan

TIAA-CREF

Hawaii

TuitionEDGE

Delaware Investments

946

946

946

946

1166

1166

1166

1166

Class H unit (no account fee for this class). Requires Hawaii residency.

Idaho

Idaho College Savings Program TIAA-CREF

1062

1086

1315

1155

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State

Program

Total Expenses Over 10 Years

Lowest

Next

Highest

Next

Program/Investment fee lowest fee fee highest fee

manager

structure structure structure structure Comments

Illinois Indiana

Bright Start College Savings Program

Legg Mason/Various 1213

1213

1213

CollegeChoice 529 Investment

Plan

JPMorgan

1374

1374

1374

1213 1374

Does not include the possible $30 fee for opening an account through a bank.

Represents the age-based option using certain assumptions, which is the only direct-sold option available and requires Indiana residency. Does not appear to include the $10 annual account fee for Indiana residents.

Iowa

College Savings Iowa

Upromise/Vanguard 774

774

774

774

Kansas

Learning Quest 529 Education American

Savings Program

Century/Vanguard

853

Includes a $27 annual account

901

1830

1775 fee.

Kentucky

Kentucky Education Savings Plan Trust

TIAA-CREF

969

969

969

969

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State

Program

Total Expenses Over 10 Years

Lowest

Next

Highest

Next

Program/Investment fee lowest fee fee highest fee

manager

structure structure structure structure Comments

Louisiana

START Saving Program

State/Vanguard

19

38

313

76 Requires Louisiana residency.

Maine

Merrill

NextGen College Investing Plan - Lynch/BlackRock/Fra

Client Direct Series

nklin/MFS

556

1004

1191

1186

No annual account fee as it was removed in 2007 for direct-sold accounts.

Maryland

College Savings Plans of Maryland CIP

T. Rowe Price

Massachusetts U.Fund College Investing Plan Fidelity

1088

1171

628

894

1439 1329

Includes a $25 (waivable) 1404 annual account fee.

1279

The $628 figure applies to the index fund options. The other figures refer to actively managed options.

Michigan

Michigan Education Savings Program

TIAA-CREF

734

734

734

734

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State

Program

Total Expenses Over 10 Years

Lowest

Next

Highest

Next

Program/Investment fee lowest fee fee highest fee

manager

structure structure structure structure Comments

Minnesota

Minnesota College Savings Plan TIAA-CREF

793

793

793

793

Mississippi

Mississippi Affordable College

Savings Program

TIAA-CREF

1066

1090

1311

1152

Missouri

MOST - Missouri's 529 College Upromise/Vanguard/

Savings Plan

American Century

774

810

1813

1702

Montana

Pacific Life Funds 529 College

Savings Plan (MT)

Pacific Life

1966

3141

3502

3318

Class A shares purchased at NAV (no annual account fee). Requires Montana residency.

Nebraska

College Savings Plan of Nebraska

Union Bank & Trust/various

1025

1061

2183

Includes $5 quarterly account 2104 fee.

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State

Program

Total Expenses Over 10 Years

Lowest

Next

Highest

Next

Program/Investment fee lowest fee fee highest fee

manager

structure structure structure structure Comments

Nevada

The Upromise College Fund

Upromise/Vanguard 1004

1004

1004

Includes $20 annual account 1004 fee.

Nevada

The Vanguard 529 Savings Plan Upromise/Vanguard 628

Nevada

USAA College Savings Plan

Upromise/USAA

960

New Hampshire UNIQUE College Investing Plan Fidelity

628

689

871

1080

1316

894

1328

859

1199

Includes $15 annual account fee but not the $15 annual minimumbalance fee because a $10,000 investment is assumed.

1324

The $628 figure applies to the index fund options. The other figures refer to actively managed options.

New Jersey

NJBEST 529 College Savings Plan

Franklin Templeton

1049

1236

1477

1432 Requires New Jersey residency.

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State New Mexico

Program

The Education Plan's College Savings Program

Total Expenses Over 10 Years

Lowest

Next

Highest

Next

Program/Investment fee lowest fee fee highest fee

manager

structure structure structure structure Comments

OppenheimerFunds

965

1132

1389

1366

Figures provided to by program. Does not include the $25 (waivable) annual account fee.

New York

New York's 529 College Savings

Program - Direct Plan

Upromise/Vanguard 701

National College Savings North Carolina Program

College Foundation

Inc./various

377

701

701

701

The $377 figure represents the

NC Treasurer Dependable

Income Fund. The other figures

represent Seligman options. The

Vanguard options in this

437

1537

1472 program are at $970.

North Dakota College SAVE

Upromise/Vanguard 1240

1240

Ohio

Ohio CollegeAdvantage 529 Savings Plan

Ohio Tuition Trust Authority

318

456

1240 1189

Includes a $20 (waivable) 1240 annual account fee.

1155

The two lowest figures represent Vanguard options (no residency requirements). The two higher figures represent Putnam options (direct-sold requires Ohio residency).

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