As our Fund grows, we’re able to negotiate better deals for our products and services like insurance and investments. Unlike some super funds, we pass on these benefits of scale to all our members whenever we can. So with Hostplus you can be confident that when we grow, we grow together.
All you pay is a member administration fee of $78 per year, plus 0.0165% p.a. of your account balance. An additional $30.64 p.a. per member was deducted from the Fund's Administration Reserve for FY2021, and not from members' account balances.
Our low administration fee combined with strong long-term investment returns (after investment costs and taxes) helps our members retire with more. In fact, for the 15-year period ending 30 June 2021 the Hostplus Balanced option delivered $63,591 more to members accounts when compared to the Master Trust (retail funds) average.2
1 Source: SuperRatings fee data for public offer MySuper products extracted from SMART platform on 18/01/2022. Comparison is based on the total administration fees and costs assuming a $50k account balance.
2 Source: SuperRatings Net Benefit modeller as at 18 August 2021. This analysis compares the Hostplus Balanced (MySuper) option with the Master Trust Average and the Industry Fund Average. It shows average differences in net benefit of Hostplus’ Balanced (MySuper) investment option and the main balanced options of retail and Industry funds tracked by SuperRatings. It assumes employer contributions on a starting annual salary of $50,000 and a $50,000 starting balance and takes into account historical investment earnings (after administration and investment fees and taxes). Contribution fees, additional adviser fees or any other fees charged are excluded from this model. Outcomes may vary between individual funds. See www.hostplus.com.au/assumptions for more details about modelling calculations and assumptions. Past performance is not a reliable indicator of future performance and should never be the sole factor considered when selecting a fund. Hostplus has adopted the fee and cost disclosure requirements contained in ASIC Regulatory Guide 97 effective 13 October 2021. Under those requirements, costs deducted from administration reserves form part of the administration fee disclosed in the Hostplus PDS. Those costs may change in the future.
Host-Plus Pty Limited ABN 79 008 634 704, AFSL 244392 as trustee for the Hostplus Superannuation Fund (the Fund) ABN 68 657 495 890, MySuper No 68 657 495 890 198. This information is general advice only and does not take into account your personal objectives, financial situation or needs. You should consider if this information is appropriate for you in light of your circumstances before acting on it. Please read the relevant Hostplus Product Disclosure Statement (PDS), available at hostplus.com.au before making a decision about Hostplus. For a description of the target market, please read the Target Market Determination (TMD), available at hostplus.com.au/ddo.