Meat Industry Employees Superannuation Fund — superannuation fund performance
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Meat Industry Employees Superannuation Fund reported A$1.2bn of total assets for 17,196 member accounts (average balance A$65k) in APRA's fund-level statistics for the year to 30 June 2025, with a one-year rate of return of 8.9%.
| Total assets | A$1.2bn |
| Member accounts | 17,196 |
| Average member balance | A$65k |
| 1-year rate of return | 8.9% |
| 5-year rate of return (annualised) | 7.6% |
| 10-year rate of return (annualised) | 7.4% |
| Investment options offered | — |
What running the fund costs
For its reporting year ended 30 June 2025, Meat Industry Employees Superannuation Fund ran on an operating expense ratio of 0.4% — the running cost per dollar of savings (0.5% is 50 cents per A$100 a year). Payments to related parties — companies connected to the fund's own trustee or owner group — came to A$57k, equal to roughly 1.3% of its administration bill (a related-party payment is disclosed, not improper — but it is worth knowing who the fund pays).
| Operating expense ratio | 0.4% |
| Investment expense ratio | 0.4% |
| Administration and operating expenses | A$4.3m |
| Marketing spend | A$5k (about A$0 per member account) |
| Executive remuneration (expensed to the fund) | A$732k |
| Director remuneration | A$147k |
| Payments to related parties | A$57k |
| Payments to industrial bodies | A$57k |
The annual performance test
Every year the regulator tests most super products against a benchmark portfolio — fail twice and the product must close to new members. As at 30 June 2025, 2 of this fund's products and options were tested, and every one of them passed:
| Product / option | Type | Test result | 10-yr return | Admin fee |
|---|---|---|---|---|
| MIESF MySuper | MySuper | Pass | 7.6% | 0.4% |
| MIESF Accumulation — High Growth Option | Choice | Pass | 8.7% | 0.4% |
Does the insurance pay out?
Most super accounts carry insurance, paid from your balance. The admittance rate is the share of finalised claims the insurer accepted in the year to 30 June 2025 — the single best number for "does this cover actually pay". Over the year it collected A$4.6m in premiums and paid out A$1.5m in claims (claims paid in a year often relate to earlier years' cover, so this is a cash-flow picture, not a loss ratio).
| Cover type | Claims accepted (1-yr) | Claims paid | Premiums collected | Insurer |
|---|---|---|---|---|
| Life insurance (death cover) | — | — | A$4.0m | TAL Life Ltd |
| Total & permanent disability (TPD) | 90.5% | A$1.5m | A$608k | TAL Life Ltd |
The gender gap in this fund
In Meat Industry Employees Superannuation Fund, women's average balance was 34.5% lower than men's — from the fund-level member demographics APRA last published for the year to 30 June 2022:
| Average balance — female members | A$41k |
| Average balance — male members | A$63k |
| Member accounts (female / male) | 3,973 / 12,274 |
Compare Meat Industry Employees Superannuation Fund with similar funds
The funds closest to Meat Industry Employees Superannuation Fund in size, side by side — each with its own page for the fees, insurance and performance-test detail:
| Fund | Assets | 1-yr return | 10-yr return | Why comparable |
|---|---|---|---|---|
| Perpetual's Select Superannuation Fund | A$1.2bn | 8.9% | 6.4% | Similar size |
| Fire and Emergency Services Superannuation Fund | A$1.1bn | 9.4% | 6.4% | Similar size |
| Mason Stevens Super | A$1.3bn | 8.6% | — | Similar size |
| NESS Super | A$1.4bn | 10.7% | 6.7% | Similar size |
| The Bendigo Superannuation Plan | A$1.5bn | 10.0% | 5.3% | Similar size |
| Perpetual WealthFocus Superannuation Fund | A$1.5bn | 10.5% | 6.9% | Similar size |
Questions this page answers
How big is Meat Industry Employees Superannuation Fund?
Meat Industry Employees Superannuation Fund held A$1.2bn in total assets for 17,196 member accounts in the APRA fund-level statistics for the year to 30 June 2025.
What return has Meat Industry Employees Superannuation Fund delivered?
Meat Industry Employees Superannuation Fund reported a 8.9% one-year rate of return, and 7.4% a year over the past ten years, at whole-of-fund level in the APRA fund-level statistics.
What does Meat Industry Employees Superannuation Fund charge in fees?
Meat Industry Employees Superannuation Fund reported an operating expense ratio of 0.4% and an investment expense ratio of 0.4% for its reporting year ended 30 June 2025 — the running cost per dollar of savings (APRA fund-level statistics).
Did Meat Industry Employees Superannuation Fund's products pass the performance test?
2 of Meat Industry Employees Superannuation Fund's products and options were tested against the regulator's annual performance test as at 30 June 2025, and every one passed.
Does Meat Industry Employees Superannuation Fund's insurance pay out?
In its latest reported year Meat Industry Employees Superannuation Fund's default cover collected A$4.6m in premiums and paid A$1.5m in claims, per the APRA fund-level statistics.
See also: Australian super in numbers — marketing spend, expenses, the gender gap and two decades of consolidation across all APRA-regulated funds · all tracked plans.