While it’s natural to focus on investment returns, even a tiny difference in the fees you pay can make a huge difference to the wealth you accumulate through super over time.
The HOSTPLUS Executive member fee is a competitive, flat $2 a week. Like most super funds, investment expenses also apply. But unlike other funds, we don’t charge contribution fees, entry and exit fees or investment switching fees.
We also provide a number of ways for your employer to enhance your benefits package, such as paying your member fee or all or part of your insurance cover.
The bottom line? With HOSTPLUS Executive, more of your money remains your money, and makes more money for you in the long run.
HOSTPLUS Executive fees and costs |
| Type of fee or cost |
Charged to |
Amount |
How and when paid |
Member fee |
| For managing and administrating your super account. |
Member |
$2 per week ($104 per year) |
The fee is calculated after tax, weekly, and deducted from your account annually. |
Establishment fee |
| To open a super account. |
Member |
Nil |
Not applicable |
| Contribution fee On each amount contributed to your super account. |
Employer/ Member |
Nil |
Not applicable |
Contribution splitting fee |
| For each time you split eligible funds with your spouse. |
Member |
$60 |
Charged for each transaction and deducted from your super account. |
Withdrawal fee |
| On each amount you take out of your super account. |
Member |
Nil |
Not applicable |
Termination fee |
| To close your super account. |
Member |
Nil |
Not applicable |
Investment switching fee |
| For changing between any of our investment options. |
Member |
Nil |
Not applicable |
Family Law fees |
| 1. Splitting your superannuation due to a splitting agreement or court order. |
Member |
$60 |
On receipt of a splitting agreement or court order this amount is deducted from your account. |
| 2. Superannuation enquiry from spouse or an authorised representative. |
Enquiring person |
$75 |
Charged at the time of request. |
Investment costs or Indirect Cost Ratio (ICR) |
| Costs charged to our investment options by external investment managers |
Member (indirectly deducted) |
Varies from 0.00% to 1.97% depending on which option your super is invested in. |
The investment costs are deducted from gross investment earnings before earnings are declared. No transaction costs are deducted directly from your account. |
Dishonoured payment fees |
| If a cheque or direct debit is dishonoured |
Member |
$15 |
This fee will be deducted from your account. |
For more details on any fees and other costs listed above, refer to the Member guide.