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 Administrative Asset Fee
Fees are assessed monthly.
Example: For the Total US Stock Market Fund, the underlying fund expense ratio is 0.010%. The my529 administrative asset fee for that option is 0.110%. The total Asset-based Fee for the option is: 0.010%+0.110%=0.120%. This is equivalent to $1.20 annually per $1,000 invested.
Underlying Fund Expenses
Vanguard, Dimensional, and PIMCO:
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:
| Options | Fee Range |
|---|---|
| Enrollment Date Investment Options | 0.031% to 0.037% ($0.31 to $0.37 per $1,000 invested) |
| Static Investment Options | 0.000% to 0.112% ($0.00 to $1.12 per $1,000 invested) |
| Customized Investment Options | 0.000% to 0.353% ($0.00 to $3.53 per $1,000 invested) |
(Underlying Fund Expenses do not appear on your quarterly statements because Vanguard, Dimensional and PIMCO deduct them. The performance and market values of an account containing Vanguard, Dimensional or PIMCO underlying funds include the deduction of any underlying fund expenses.)View theVanguard, 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 0.140 percent ($1 to $1.40 per $1,000 invested), depending on which Enrollment Date, Static, or Customized investment option you select for your account.
| Option | Fee Range |
|---|---|
| Enrollment Date Investment Options | 0.110 percent ($1.10 per $1,000 invested) |
| Static Investment Options | 0.100 percent to 0.110 percent ($1 to $1.10 per $1,000 invested) |
| Customized Investment Options | 0.140 percent ($1.40 per $1,000 invested) |
Determine the total fees on each account
View the my529 Asset Fee Structure Table.
View the Customized Investment Option Calculators.
You can also compare the approximate cost of investing in my529 over different periods of time by viewing the my529 Approximate Cost of a $10,000 Investment Table.
