What are your super fees?
The quietest drag on your retirement. See what your fund charges on your balance, how it ranks, and what a cheaper option would save you over the decades.
AustralianSuper charges you aboutVisit website
$355/yr
on your $50,000 balance — that's 0.71% a year.
Cheaper than the median fundAnnual fee on $50,000 — cheapest first
The cheapest here is Vanguard Super at $245/yr
That's $110/year less than your fund. Left to compound over 25 years, that fee gap alone is worth about $7,730 in extra retirement savings.
Total fees & costs for each fund's MySuper option, APRA MySuper fees & costs (CPPP), 30 June 2025. Your fee is scaled from each fund's cost on a $50,000 balance, so it's a close guide rather than a quote — real fees mix a fixed dollar amount with a percentage and vary by option. The 25-year figure models the fee gap as lost compounding at a 5% real return. Fees are only part of the picture — net returns and insurance matter too. A guide, not financial advice.
Super fees are charged as a slice of your balance and taken out before the return you see is struck. Because they scale with the account, a rate that costs a few hundred dollars in your thirties costs several times that by the time you finish work — and the money taken never gets to compound.
This page puts a dollar figure on it. Choose your fund, enter your balance, and you get the yearly cost of its MySuper option, where that sits against every other MySuper product APRA reports on, and what the gap to the cheapest one is worth if it's left invested rather than paid away.
How this is calculated
- 1
Convert each published fee into a rate
APRA collects one comparable number for every MySuper product: total fees and costs charged on a $50,000 account balance. That dollar figure is divided by $50,000 to give each fund an annual fee rate.
- 2
Apply that rate to your balance
The rate is multiplied by the balance you enter, giving the yearly dollar cost of staying put. All 52 MySuper products in APRA's package go through the same step and are ranked cheapest first.
- 3
Place you against the cheapest and the median
Your fund is measured against the cheapest product in the list and against the median MySuper product, which charged $405 on a $50,000 balance at 30 June 2025. That comparison drives the badge above.
- 4
Compound the fee gap forward
The headline saving isn't the annual gap times the years. Your balance is grown for 25 years at a 5% real return minus your fund's fee rate, then again minus the cheapest fund's rate; the difference between the two ending balances is what's shown.
- 5
Open the deep dive for the full workings
The advanced panel repeats the maths over 10, 20 and 30 years, lists every fund's exact dollar fee on your balance, and shows what your fee alone removes against a fee-free version of the same fund.
What it assumes
- Fees are scaled straight from the $50,000 figure. Real fees mix a flat dollar administration charge with a percentage, so scaling overstates the cost a little above $50,000 and understates it below. It's a guide, not a quote from your fund.
- Insurance premiums aren't included. Death, TPD and income protection cover inside super is deducted separately and can be a large share of what actually leaves your account.
- Only the MySuper default option is covered, and for age-based lifecycle products the figure used is the accumulation stage a working-age member is usually in. If you've picked your own investment mix your costs will differ.
- The compounding figures assume a 5% return after inflation, no further contributions and unchanged fee rates. They isolate the effect of fees rather than forecasting your balance.
- Figures are as at 30 June 2025. Funds change fees between reporting rounds, and a low fee says nothing about performance — check the current product disclosure statement and the returns alongside it.
Common questions
What is actually inside 'total fees and costs'?
It's APRA's all-in measure for a MySuper product: administration fees and costs plus investment fees and costs, including what's charged inside the underlying investments. Insurance premiums and advice fees sit outside it. Because every fund reports it the same way on the same $50,000 balance, it's the one fee number that's genuinely comparable across the industry.
Why doesn't this match the fee on my member statement?
Your statement shows what you were actually charged — a fixed dollar administration fee plus percentage-based costs — while this tool scales one benchmark figure to your balance. Statements also include insurance premiums and adviser fees, which aren't in APRA's measure.
Is the cheapest fund automatically the best one?
No. What matters is the return you keep after fees, and a low-cost fund can still lag over a decade. Fees earn attention because they're one of the few things you can know in advance — this year's fee is certain, this year's return isn't. Look at long-run net returns alongside cost.
What should I check before switching funds?
Insurance is the big one: cover doesn't follow you, and depending on your age and health you may not get the same terms elsewhere. Also check whether an employer contributes on special terms to your current fund, whether you'd be out of the market while the transfer settles, and what the new default option actually holds. This is general information, not advice about your circumstances.
Sources: APRA Comprehensive Product Performance Package (MySuper), 30 June 2025 · All data sources
See also: Compare super fund returns · Superannuation projection · Boost my super · Salary sacrifice
General information only, not financial advice. Figures are estimates based on the inputs and assumptions above and don't account for your personal circumstances. Confirm anything important with the relevant authority or a licensed adviser.