Ohio State 529 plan lowers fees again

Last September, I posted some information about the 529 plans that I am contributing to. The contributions have been on auto-pilot and I did not get the chance to check on the plans until today.

I was pleasantly surprised to learn that the Ohio State’s College Advantage plan has lowered its fees again from May 2007. If I remember correctly, it last lowered its fees last year.

The reduction is not much, averaging about 2 basis points reduction for all the investment options that I had chosen. But, I am encouraged to see that at least it is a step in the right direction.

The following shows the old and new expense ratios.

2007-07-08-ohio-529-update.png

My overall expense ratio for my 529 portfolio drops from 0.373% to 0.357%. 😉

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