The February newsletter for Morningstar FundInvestor said the Utah Educational Savings Plan "continues to set the standard" for low costs among 529 plans.
The news comes at the same time as criminal charges against former UESP director, Dale C. Hatch. He was charged Tuesday with one count of felony theft for stealing $85,000 from the fund's administrative fee revenues for his own personal investments.
Hatch was fired last July and Lynne Ward has since been named to supervise the $950 million fund. Morningstar said in its newsletter that despite the Hatch ordeal, "we don't think that investors are at risk."
UESP again gets its top billing from the Chicago-based investment information firm because it continues to offer low administrative fees.
Patriotic tradition
The 78-year-old and his wife, LaRae, placed 322 flags donated by the American Legion on veterans' graves.
Four people killed STG
Four people died in the crash of a single-engine Cessna near the St. George Municipal Airport Saturday morning.
Promontory Point fire
Crews on Friday continued to battle a 4,000-acre fire on the west side of Promontory Point.
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