Reading the ATO guide they state."You need to ensure you have...

Reading the ATO guide they state.
"You need to ensure you have enough super savings
to make your fund viable. The costs of establishing and
running a fund can vary significantly but as a general
guide, to be competitive with an APRA-regulated fund,
you will need up to around $200,000. You should get
advice about your circumstances, including the proposed
number of members and how you propose to run the
fund. It will also cost around $2,000 to run a median-sized
fund each year. However, it can often cost more
depending on the cost of the professional accounting
services you use and the cost of tax, audit and legal
advice you obtain to run the fund."

Would anyone care to endorse or refute that statement?
Thanks