Fees and Expenses

my529 fees are some of the lowest in the 529 industry.

my529’s Asset-Based Fee structure has two parts:

  • The Underlying Fund Expenses of the underlying investments.
  • The my529 Administrative Asset Fee, which pays for operating expenses.

Together these make up the total annual Asset-Based Fee for your my529 account.

Underlying Fee Expense

Vanguard, Dimensional, and PIMCO charge an Underlying Fund Expense for each underlying fund. Depending on which investment option you select for your account, the Underlying Fund Expenses range from:

OptionsFee Range
Enrollment Date Investment Option0.024% to 0.035%
($0.24 to $0.35 per $1,000 invested)
Static Investment Options0.000% to 0.110%
($0.00 to $1.10 per $1,000 invested)
Customized Investment Options0.000% to 0.323%
($0.00 to $3.23 per $1,000 invested)

Underlying Fund Expenses are accrued and deducted from the applicable underlying funds’ NAV by Vanguard, Dimensional and PIMCO and do not appear on my529 quarterly account statements. View the Vanguard, Dimensional and PIMCO Underlying Fund Expenses.

FDIC-Insured Savings:

There is no Underlying Fund Expense assessed on FDIC-insured accounts.

Administrative Asset Fee

This annual fee is charged to your account by my529. The Administrative Asset Fee accrues daily and is reflected in the NAV for each investment option and each underlying investment offered within Customized investment options.

The fee ranges from 0.100 percent to 0.130 percent ($1 to $1.30 per $1,000 invested), depending on which Enrollment Date, Static, or Customized investment option you select for your account.

OptionFee Range
Enrollment Date Investment Option0.100%
($1.00 per $1,000 invested)
Static Investment Options0.100%
($1.00 per $1,000 invested)
Customized Investment Options0.130%
($1.30 per $1,000 invested)

Asset-Based Fee

The total annual Asset-Based Fee depends on the investment option you choose. Below are the ranges in our option groups. Note: A fee of 0.124 percent would equal an annual fee of $1.24 per $1,000 invested.)

OptionsFee Range
Target Enrollment Date Investment Option0.124% to 0.135%
Static Investment Options0.100% to 0.210%
Customized Investment Options0.130% to 0.453%

Determine the total fees on each account by selecting an option

You can also compare the approximate cost of investing in my529 over different periods of time by clicking on the my529 Approximate Cost of $10,000 Investment Table.