ATO stats on SMSF fund balances

What is the proportion of SMSFs with fund balances below $200,000; between $200,000 and $1m and above $1m?

It seems that

• 22.3% of SMSFs have fund balances less than $200,000;
• 48.1 % of SMSFs have fund balances between $200,000 and $1,000,000; and
• 29.6% of SMSFs have fund balances in excess of $1,000,000.

The ATO stats provide a more detailed breakdown and show that

• 17.6% of SMSFs have a fund balance between $1m and $2m
• 9.9% of SMSFs have a fund balance between $2m and $5m
• 1.8% of SMSFs have a fund balance between $5m and $10m
• 0.4% have a fund balance in excess of $10m.

Putting it another way there are about (and based upon a population of 530,000 for ease of calculation)

• 2,100 SMSFs have a fund balance in excess of $10m
• 9,540 SMSFs have a fund balance in between $5m and $10m
• 52,470 SMSFs have a fund balance between $2m and $5m
• 93,280 SMSFs have a fund balance between $1m and $2m
• 124,020 SMSFs have a fund balance between $500,000 and $1m
• 130,910 SMSFs have a fund balance between $200,000 and $500,000
• 27,030 SMSFs have a fund balance between $150,000 and $200,000
• 28,620 SMSFs have a fund balance between $100,000 and $150,000
• 27,030 SMSFs have a fund balance between $50,000 and $100,000
• 35,510 SMSFs have a fund balance less than $50,000.

Based on material from the ATO (SMSF Statistical Report – December 2014 released 19 February 2015).