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The T. Rowe Price College Savings Plan fared well in the May 2018 Savingforcollege.com 529 Plan Performance Rankings. The T. Rowe Price College Savings Plan and the University of Alaska College Savings Plan, also managed by T. Rowe Price, were the only plans to rank in the top five for the one-, three-, five-, and 10-year periods, demonstrating strong investment returns relative to other direct-sold 529 savings plans across the country.
Savingforcollege.com conducts quarterly evaluations of the investment performance of thousands of 529 portfolios and ranks the plans based on the results. According to Savingforcollege.com, the rankings are “…a helpful tool for families and financial professionals looking to compare college savings options.” The T. Rowe Price College Savings Plan can be used nationwide at any accredited college, university, graduate school, or vocational school.
Savingforcollege.com has been the leading independent authority on 529 savings plans since 1999. The site compiles and analyzes data, and creates content and tools to provide parents, financial professionals, and state policymakers with resources to help them understand how to meet the challenge of ever-increasing education cost.
Each quarter, Savingforcollege.com analyzes the investment performance figures for thousands of 529 portfolios, comparing the reported investment performance of a subset of portfolios from each 529 savings plan to produce their rankings.
Portfolios from direct-sold 529 plans are assigned to a specific asset-allocation category. Within each category, portfolios are compared and ranked based on published investment returns. Separate rankings are produced for different performance periods (one-year, three-year, five-year, and 10-year investment periods). An overall (or "composite") performance score is calculated for each 529 plan for a given performance period based on the plan's performance rankings for each asset-allocation category, taking into account the varying returns among the different asset-allocation categories. To produce the composite ranking for a plan, the plan’s composite performance score is compared to the composite performance scores of all other 529 plans.
Past performance cannot guarantee future results. Current performance may be lower or higher than performance results used for these rankings, resulting in different rankings that may be lower than those shown.