Assets in 529 college savings plans rose 38% in the first quarter from a year ago, the College Savings Foundation announced. Assets topped $75.1 billion in the quarter, compared to $54.5 billion in the first quarter of 2005.

Net sales during the period were $5.1 billion, the largest total on record.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.