Plan Ledger DOL Form 5500 · updated monthly

Securitas Technology Corporation401(k)

SECURITAS ELECTRONIC SECURITY INC. 401(K) SAVINGS PLAN · WESTLAKE VILLAGE, CA · plan year 2024

Reported admin expense ratio · 2024
0.16%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Securitas Technology Corporation reported $290,196 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,312 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.15% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 571st-largest of 9,483 plans among California employers on file, and the 102nd of 2,534 in administrative & support services. In 2024, employees put in $2.13 for every $1.00 the employer contributed; active participation has shrunk from 4,095 to 3,616 since 2022.

Plan summary
Net assets, end of year$198,522,735
Participants with balances4,131
Active participants3,616
Employer contributions$8,360,279
Employee contributions$17,800,289
Employer contribution per active participant$2,312
Average account balance$48,057
Benefits paid to participants$22,414,706
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$198.5M · 4,131 accts · $8.4M emplr
2023$168.6M · 4,030 accts · $7.8M emplr
2022$128.7M · 4,039 accts · $4.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$189,269
Investment management$38,823
Audit (IQPA)$48,465
Total administrative$290,196
The Securitas Technology Corporation 401(k) match · 2024
Employer contribution per active participant$2,312
Median for plans this size$3,635
2024$2,312 per active participant
2023$1,990 per active participant
2022$1,148 per active participant

Securitas Technology Corporation's 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$189,269
PBMARES, LLC · Accounting / audit$48,465
ANGELES INVESTMENT ADVISORS, LLC · Investment advisory (participants) · Investment advisory (plan)$38,823
NOSSAMAN LLP · Legal$13,639

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history3
2024$290,196 · 0.16%
2023$318,566 · 0.21%
2022$182,774 · 0.15%
Similar plansAdministrative & Support Services · California
Amn Healthcare, Inc. CA$417.0M · 0.22%
SA Recycling, LLC CA$190.5M · 0.27%
Qtc Management, Inc. CA$154.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474992129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.