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.
Hostplus has the lowest administration fee of the top 20
industry super funds and of the top 10 MySuper options*.
Better still, our administration fee stays fixed, even as your balance grows.
Some funds charge a variable administration fee which increases as members’ balances grow. At Hostplus we charge the one low administration fee of just $1.50 per week, regardless of the size of your balance.
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 31 December 2020 the Hostplus Balanced option delivered $62,924 more to members accounts when compared to the Master Trust (retail funds) average.**
A lot can change in 17 years, but not our administration fee. We've maintained the same low rate of just $1.50 per week since 2004. That's only $78 per year.
*Source: APRA Annual fund-level Superannuation Statistics June 2020, issued 16 December 2020. Top 20 industry super funds (not for profit) based on total assets under management. APRA Annual MySuper Statistics June 2020, issued 16 December 2020. Top 10 MySuper options based on total assets under management. Administration fees comparison using APRA Quarterly MySuper Statistics September 2020 (Issued 24 November 2020 based on a super account balance of $50,000).
**Source: SuperRatings Net Benefit modeller as at 31 December 2020. 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, entry fees, exit fees, additional adviser fees or any other fees charged are excluded from this model. Outcomes may vary between individual funds. See www.industrysuper.com/assumptions-hostplus 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.
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 www.hostplus.com.au before making a decision about Hostplus.