529 College Savings Quarterly Fee Analysis

This publication assesses trends and changes to 529 fees, performance and investment lineups. Fees are provided at the investment option level as well as for aggregate plan, distribution channel and investment types. The report also provides a detailed breakout of the components that add up to the total annual asset based fee for each investment option. Each issue provides data on the number of plans in a category as well as total asset-based fees by average, average minimum, and average maximum levels. The report analyzes fees along the adviser, fee-based and direct channels, as well as by asset allocation, age-based and individual portfolio types.

The report includes a new performance analysis section that allows firms to benchmark plan performance against the industry average and track the industry against the broader market. An enhanced industry overview of investment lineup changes by product providers is a foundation for analyzing forward-looking trends.


1Q 2017 529 Fee Analysis      4/12/2017
  The 1Q 2017 edition of the 529 Quarterly Fee Analysis reflects transitions in the DC College Savings Plan, and plan wide product developments by Hartford SMART529, College Savings Iowa, and College Choice, ranks plans by total annual asset based fees, benchmarks fees by five standardized categories, reflects new pricing trends across distribution channels and investment types, summarizes the high volume of investment product developments and 529 investment-only opportunities in 1Q 2017, enables comparison of plan's investment performance by investment type, and tracks upcoming contract expiration dates for every 529 savings plan. Appendix E reports new and removed investment options and investment option changes at the underlying investment option level.
   
4Q 2016 529 Fee Analysis      1/9/2017
  The 4Q 2016 edition of the 529 Quarterly Fee Analysis reflects the launch of Wealthfront College Savings Plan, ranks plans by total annual asset based fees, benchmarks fees by five standardized categories, reflects new pricing trends across distribution channels, and invest types, summarizes the high volume of investment product developments and 529 investment-only opportunities in 4Q 2016, enables comparison of plan investment performance by investment type, tracks upcoming contract expiration dates for every 529 savings plan, and reports on new and removed investment options and changes at the underlying investment option level.
   
3Q 2016 529 Fee Analysis      10/6/2016
  The 3Q 2016 edition of the 529 Fee Analysis reflects change in program manager, primary distributor, and program names in Rhode Island, includes the addition of two new plans providing share classes to the fee-based advisor-sold channel, ranks plans by total annual asset based fees, benchmarks fees by five standardized categories, reflects new pricing trends across distribution channels and investment types, summarizes the high volume of investment product developments and 529 investment-only opportunities in 3Q 2016, enables comparison of plan investment performance by investment type, and tracks upcoming contract expiration dates for every 529 savings plan.
   
2Q 2016 529 Fee Analysis      7/8/2016
  The 2Q 2016 edition of the 529 Fee Analysis ranks plans by total annual asset based fees, benchmarks fees by five standardized categories, reflects new pricing trends across distribution channels and investment types, summarizes the high volume of investment product developments and 529 investment-only opportunities in 2Q 2016, enables comparison of a plan's investment performance by investment type, tracks upcoming contract expiration dates for every 529 savings plan, and reports new and removed investment options.
   
1Q 2016 529 Fee Analysis      4/6/2016
  The 1Q 2016 edition of the 529 Fee Analysis ranks plans by total annual asset-based fees, benchmarks fees by five standardized categories, reflects new pricing trends across distribution channels and investment types, summarizes the high volume of investment product developments and 529 investment-only opportunities in 1Q 2016, enables you to compare your plan's investment performance by investment type, tracks upcoming contract expiration dates for every 529 savings plan, and reports new and removed investment options.
   

529 Fee Analysis Appendices