Morningstar: “Edvest College Savings Plan is a solid offering … for residents and nonresidents alike”

Edvest, Wisconsin’s 529 College Savings Plan, maintains Bronze rating from Morningstar Inc.

We’re very happy to announce that Edvest College Savings Plan once again received a Bronze rating, awarded by independent investment research and management firm, Morningstar, Inc. ™1 In their analysis, Morningstar noted Edvest’s breadth of investment options and the low costs associated with the plan during its annual review.

Investment Options

Morningstar’s analysis identified Edvest as a 529 plan that “pairs its actively managed risk-based portfolios with a set of primarily index based portfolios,” which meet the needs of both passive and active investors. Morningstar also commended the wide range of individual options offered, including the unique principal plus option with a guaranteed return of 1.25% through December of this year.

Low Costs

Morningstar specifically pointed out that Edvest is one of just a few states to offer such a wide variety of attractive investment options at such competitive prices. Edvest has no application, annual account maintenance, cancellation, change in beneficiary, or change in investment portfolio fees. Plus, the Plan’s annual asset-based fees range from as low as 0.00 to 0.43 percent. And of course, low fees can mean more money saved for higher education costs.

“We are always excited to receive recognition for our hard work here at Edvest,” said Jim DiUlio, Director of Edvest. “So much time and energy goes into maintaining a strong 529 plan like Edvest, which balances a wide variety of investments with low cost, creating value intensive plans for families looking to save for higher education.”

In addition to the Bronze rating, Edvest was recently ranked as the 529 plan with the 4th lowest fees in the nation by Strategic Insight.2 Learn more about the ranking here.


1In an annual review (10/25/2016) of the largest 529 college-savings plans (63 total), Morningstar identified 33 plans that rose above their typical peers, awarding those plans Gold, Silver, and Bronze Morningstar Analyst Ratings for 2016. These forward-looking, qualitative ratings signal Morningstar’s conviction in the plans’ abilities to outperform their relevant benchmark and peer groups on a risk-adjusted basis over the long term. Morningstar evaluates college-savings plans based on five key pillars–Process, Performance, People, Parent, and Price. For more information about Morningstar’s overview of Edvest go to Past performance does not predict future results. Source:

2The Strategic Insight 529 College Savings Quarterly Fee Analysis (Q2 2016) is based on program descriptions and participating agreement documents gathered by a third-party research firm and analyzed by Strategic Insight. As part of the process, Strategic Insight analyzes the 529 program manager and state agency disclosure statements, press releases and organization websites to ensure data quality and categorization. The average minimum, maximum and total annual asset based fees at the plan levels are calculated via an un-weighted index average, or arithmetic mean method.