Military Superannuation & Benefits Fund No 1 — superannuation fund performance
Pensions: all tracked plans · Australian super in numbers · Private market performance · the PE statistics · what plans disclose · where they diverge
Military Superannuation & Benefits Fund No 1 reported A$99.8bn of total assets for 182,555 member accounts (average balance A$546k) in APRA's fund-level statistics for the year to 30 June 2025, with a one-year rate of return of 1.6%.
| Total assets | A$99.8bn |
| Member accounts | 182,555 |
| Average member balance | A$546k |
| 1-year rate of return | 1.6% |
| 5-year rate of return (annualised) | 1.4% |
| 10-year rate of return (annualised) | 2.1% |
| Investment options offered | — |
The gender gap in this fund
In Military Superannuation & Benefits Fund No 1, women's average balance was 15.3% 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$366k |
| Average balance — male members | A$432k |
| Member accounts (female / male) | 34,636 / 147,351 |
Compare Military Superannuation & Benefits Fund No 1 with similar funds
The funds closest to Military Superannuation & Benefits Fund No 1 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 |
|---|---|---|---|---|
| HESTA | A$101.2bn | 10.1% | 7.2% | Similar size |
| Retail Employees Superannuation Trust | A$101.6bn | 9.7% | 6.4% | Similar size |
| MLC Super Fund | A$94.0bn | 9.6% | — | Similar size |
| Construction and Building Unions Superannuation Fund | A$107.0bn | 10.0% | 7.4% | Similar size |
| Colonial First State FirstChoice Superannuation Trust | A$107.6bn | 10.6% | 5.8% | Similar size |
| Mercer Super Trust | A$81.2bn | 11.3% | 6.6% | Similar size |
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.