Securitas Technology Corporation 401(k) Review & Grade
Securitas Technology Corporation 401(k) Savings Plan
Westlake Village, CAAdministrative, Support & Staffing Services3,770 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,218Employer $ per active participant
$4,722Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$198.5MNet plan assets, end of year
$48,057Average balance per account
Score breakdown
- Employer generosity42.7 / 5085th percentile for employer $ per participant
- Low cost10.5 / 2542th percentile for low admin cost vs. same-size plans
- Employee saving12.6 / 1584th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score76 / 100 · Grade A
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 2,500–9,999 active participants (125 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 85th |
| Lower admin cost | 42th |
| Employee saving | 84th |
| Peers that auto-enroll | 22% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Securitas Technology put in about $2,218 per active participant, more than the typical peer ($342). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $8,360,279 |
| Participant (employee) contributions | $17,800,289 |
| Other contributions (incl. rollovers in) | $3,168,306 |
| Administrative expenses paid from the plan | $290,196 |
| Investment advisory & management fees | $38,823 |
| Benefits paid out | $22,414,706 |
| Net assets, start / end of year | $168.6M / $198.5M |
| Active participants, start / end of year | 3,924 / 3,616 |
| Participants with account balances | 4,131 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pbmares, LLP |
Largest service providers (Schedule C)
| Merrill Lynch, Pierce, Fenner and S | $189,269 reported compensation |
| Pbmares, LLC | $48,465 reported compensation |
| Angeles Investment Advisors, LLC | $38,823 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250919105836NAL0002410753001, received 2025-09-19, EIN 47-4992129, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.