Prepared for Utah Higher Education Assistance Authority
Prepared for: Utah Higher Education Assistance Authority
my529 achievements
$16.2 billion Plan assets as of September 30, 2020
• $12.8 billion or 80% in Vanguard funds
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Average account size is $38,780, which is the fourth largest in the industry
$5B Total Stock Market Index Fund transfer in November
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The 529 plan and the Endowment account
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Underlying expense ratio drops from 2bps to 1bp
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$485,000 collectively saved per year
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77% of account owners impacted
March project to reallocate and realign many of the individual options
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The result will be a streamlined individual line-up, with broadened exposure, and lowered expense ratios
Retained Gold Morningstar rating for 2020 for the 10th year in a row*
Only 3 of 61 total plans earned a Gold rating
Sources: my 529 and Morningstar.
For institutional use only. Not for distribution to retail investors.
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