Quick Verdict
LUCRF Super is cheaper at $50k ($406/yr vs $418/yr). both match on 10-year returns at 7.50%.
Fund Overview
Active Super
| Type | Industry |
| Established | 2023 |
| Trustee | LGSS Pty Limited |
| HQ State | NSW |
| Members | 100K |
| Assets (AUM) | $22B |
LUCRF Super
| Type | Industry |
| Established | 1978 |
| Trustee | AustralianSuper Pty Ltd |
| HQ State | VIC |
| Members | 140K |
| Assets (AUM) | $10B |
Fee Comparison
| Fee Component | Active Super | LUCRF Super |
|---|
| Admin Fee (flat) | $78 | $91 |
| Admin Fee (%) | 0.15% | 0.10% |
| Investment Fee | 0.48% | 0.48% |
| Indirect Cost Ratio | 0.05% | 0.05% |
| Buy/Sell Spread | 0.10% | 0.10% |
Total Annual Fee by Balance
| Balance | Active Super | LUCRF Super |
|---|
| $10,000 | $146 | $154 |
| $25,000 | $248 | $248 |
| $50,000 | $418 | $406 |
| $100,000 | $758 | $721 |
| $250,000 | $1,778 | $1,666 |
| $500,000 | $3,478 | $3,241 |
Performance Comparison
| Period | Active Super | LUCRF Super |
|---|
| 1-Year | 10.80% | 10.50% |
| 3-Year | 7.50% | 7.20% |
| 5-Year | 7.80% | 7.00% |
| 7-Year | 7.80% | 7.50% |
| 10-Year | 7.50% | 7.50% |
| FY2024 | 8.50% | 8.00% |
| FY2023 | 9.50% | 9.50% |
| FY2022 | -2.80% | -3.50% |
| FY2021 | 18.50% | 18.50% |
| FY2020 | -0.20% | -1.00% |
| FY2019 | 7.80% | 7.50% |
| FY2018 | 9.50% | 9.20% |
| FY2017 | 11.50% | 11.50% |
| FY2016 | 3.50% | 3.50% |
| FY2015 | 9.50% | 9.50% |
Insurance Comparison
Active Super
| Insurer | MetLife Insurance |
| Death Cover | Yes — opt-out |
| TPD Cover | Yes — opt-out |
| IP Cover | Yes — opt-in |
LUCRF Super
| Insurer | TAL Life Limited |
| Death Cover | Yes — opt-out |
| TPD Cover | Yes — opt-out |
| IP Cover | Yes — opt-in |
Annual Premium Comparison by Age
| Age | Active Super | LUCRF Super |
|---|
| 25 | N/A | $145 |
| 30 | N/A | $245 |
| 35 | N/A | $400 |
| 40 | N/A | $615 |
| 45 | N/A | $960 |
| 50 | N/A | $1,480 |
| 55 | N/A | $2,200 |
| 60 | N/A | $3,100 |
APRA Heatmap Ratings
Active Super
| Fee Rating | Around median |
| Return Rating | Around median |
| Sustainability | Performing |
LUCRF Super
| Fee Rating | Around median |
| Return Rating | Around median |
| Sustainability | Performing |
Investment Options
Active Super
| Total Options | 8 |
| Ethical/ESG Option | No |
| Indexed Option | No |
| Direct Investing | No |
LUCRF Super
| Total Options | 6 |
| Ethical/ESG Option | No |
| Indexed Option | No |
| Direct Investing | No |
Member Services
Active Super
| App Ratings | iOS 4.1 / Android 3.9 |
| Advice | Not specified |
| AFCA Complaints | 4.0 per 10k members |
| Call Centre | Not specified |
LUCRF Super
| App Ratings | iOS 4.7 / Android 4.5 |
| Advice | Via AustralianSuper |
| AFCA Complaints | 3.6 per 10k members |
| Call Centre | Not specified |
Verdict
On fees, LUCRF Super is the more affordable option. At a $50,000 balance, LUCRF Super costs $406 per year compared to $418 for Active Super — a difference of $12 annually. That gap is small enough that it should not be the deciding factor between these two funds.
Both funds have delivered identical 10-year returns of 7.50%, so the choice between them will come down to fees, insurance, and personal suitability rather than raw performance.
On insurance, Active Super uses MetLife Insurance while LUCRF Super is backed by TAL Life Limited. LUCRF Super charges around $615/year for a 40-year-old's default cover. On member satisfaction, LUCRF Super has fewer AFCA complaints at 3.6 per 10,000 members compared to 4.0 for the other.
Active Super is best suited for public sector workers, while LUCRF Super targets retail workers. The two funds also serve different industries: Active Super focuses on local government, transport, while LUCRF Super targets retail, warehouse. If your employer defaults to one of these funds, that alone may tip the decision.
Important information
The information on SuperFind is general in nature and does not take into account your personal financial situation, needs, or objectives. It is not personal financial advice. Before making any financial decisions about your superannuation, consider whether the information is appropriate for your circumstances and consider seeking advice from a licensed financial adviser. Super fund data including fees and performance returns shown on this site were current as of April 2026 — always verify figures on the fund's website. Past performance is not a reliable indicator of future performance. Data sourced from APRA, ATO, and individual fund disclosures. SuperFind is a
DecisionLab publication.