Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Certified Security Solutions
Certified Security Solutions 401(k)
- Professional, scientific, and technical services
- Independence, OH
- EIN 93-1327627
- 1 plan with Schedule H financials
- Plan year 2024
- Certified Security Solutions, Inc.
- filed as Keyfactor, Inc.
Administrative expenses excluding investment management, per participant · Keyfactor, Inc. 401(k) Plan · plan year 2024
$21.96
Higher than 14% of the 24,371 plans $10 to 50M that report it.
Source
= $6,236 / 284
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250902141336NAL0008500275001, received 2025-09-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250902141336NAL0008500275001, received 2025-09-02
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-02.
Cost and contributions
Administrative expenses per participant
$44.89
Higher than 15% of the 25,098 plans $10 to 50M that report it.
Source
= $12,748 / 284
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250902141336NAL0008500275001, received 2025-09-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250902141336NAL0008500275001, received 2025-09-02
Administrative expenses as a share of assets
0.050%
Higher than 13% of the 25,132 plans $10 to 50M that report it.
Source
= $12,748 / $25,721,061
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250902141336NAL0008500275001, received 2025-09-02
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250902141336NAL0008500275001, received 2025-09-02
Employer contributions per participant
$5,402
Higher than 93% of the 24,050 plans $10 to 50M that report it.
Source
= $1,534,191 / 284
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250902141336NAL0008500275001, received 2025-09-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250902141336NAL0008500275001, received 2025-09-02
Employer share of total contributions
24.6%
Higher than 39% of the 24,084 plans $10 to 50M that report it.
Source
= $1,534,191 / $6,227,251
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250902141336NAL0008500275001, received 2025-09-02
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250902141336NAL0008500275001, received 2025-09-02
Plan terms, as stated in Certified Security Solutions, Inc.'s SEC filings
Plan terms are not published in public filings.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250902141336NAL0008500275001, received 2025-09-02
Full record, Keyfactor, Inc. 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | KEYFACTOR, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Plan name | KEYFACTOR, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Sponsor EIN / plan number | 93-1327627 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Sponsor location | INDEPENDENCE, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Industry (business code) | 541511, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Filing received | 2025-09-02 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Participants, beginning of year | 303 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Active participants | 291 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Participants, end of year | 338 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Participants with an account balance | 284 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Total assets, beginning of year | $18,820,515 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Total assets, end of year | $25,721,061 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Net assets, end of year | $25,721,061 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Total income | $9,010,980 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Net income | $6,900,546 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Employer contributions | $1,534,191 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Participant contributions | $3,592,973 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Other contributions (incl. rollovers) | $1,100,087 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Total contributions | $6,227,251 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Benefit payments | $2,093,653 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Total expenses (incl. benefit payments) | $2,110,434 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Total administrative expenses | $12,748 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Contract administrator fees | $6,036 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Investment advisory and management fees | $6,512 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Administrative expenses excluding investment management | $6,236 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Held in mutual funds | $25,260,939 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250902141336NAL0008500275001, received 2025-09-02 |
| Independent auditor | MALONEY & NOVOTNY LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250902141336NAL0008500275001, received 2025-09-02 |
Position = column in the DOL layout for form year 2024. Filing 20250902141336NAL0008500275001, received 2025-09-02.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| VOYA RETIREMENT ADVISORS, LLC | INVESTMENT ADVISORY | 26 Investment advisory (participants) | $6,343 | no |
| MORNINGSTAR INVESTMENT MANAGEMENT | INVESTMENT ADVISORY | 26 Investment advisory (participants) | $585 | no |
| GALLAGHER BENEFIT SERVICES INC | INV MGMT | 99 Other fees | $0 | yes |
| CBIZ BENEFITS AND INSURANCE SERVICE | THIRD PARTY ADMINSTRTOR | 49 Other services | $0 | yes |
| VOYA RETIREMENT INSURANCE AND ANNUI | INV ADV / CONTRACT ADMIN | 26 Investment advisory (participants) | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250902141336NAL0008500275001, received 2025-09-02.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $18,820,515 | $25,721,061 | 36.7% |
| Participants with a balance | 243 | 284 | 16.9% |
| Administrative expenses | $8,982 | $12,748 | 41.9% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $1,301,227 | $1,534,191 | 17.9% |
Prior filing 20241007104555NAL0007498883001, received 2024-10-07; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: KEYFACTOR, INC.; SEC registrant: Certified Security Solutions, Inc. (CIK 1462397, matched by EIN).