Home Research & Statistics Statistics 529 Plans

- Industry Research
- Investor Research
- Fact Book
- Mutual Fund Ownership
- Closed-End Fund Ownership
- Mutual Fund Shareholders' Use of Information
- Mutual Fund Shareholders' Use of Financial Advisers
- Equity Ownership In America
- U.S. Households' Views on Retirement Saving
- IRA Investors
- The IRA Investor Database™
- Defined Contribution Plan Investors
- EBRI & ICI 401(k) Database
- Households Saving for College
- Retirement Research
- Statistics
529 Plan Data
June 2020
Washington, DC; September 29, 2020—The combined assets of all Section 529 plans—“qualified tuition programs” designed to help save for higher education expenses—were $373.5 billion at the end of June 2020, an increase of 0.5 percent since year-end 2019. At the end of June 2020, savings plans held $347.6 billion, while prepaid plans accounted for another $25.9 billion.
529 Plan Assets
Billions of dollars, end-of-period, 2004–2020:Q2

Note: Data were estimated for a few individual state observations in the early years in order to construct a continuous time series.
Sources: Investment Company Institute and College Savings Plans Network
Number of Section 529 Plan Accounts
The number of Section 529 plan accounts was 14.6 million at the end of June 2020, an increase of 2.1 percent since year-end 2019. There were 13.5 million savings plan accounts and 1.0 million prepaid plan accounts at the end of June 2020.
529 Plan Accounts
Millions of accounts/contracts, end-of-period, 2004–2020:Q2

Note: A single beneficiary may have more than one account. Starting in 2005, the survey requests number of unique beneficiaries where possible. Accounts data collected prior to 2009 cannot be compared to newer data due to a change in the data collection methodology.
Sources: Investment Company Institute and College Savings Plans Network
For additional information on 529 plans, see ICI’s Frequently Asked Questions About 529 Plans. For additional 529 plan data, please contact the College Savings Plans Network.

Copyright © 2021 by the Investment Company Institute