Abstract: A captive fastener assembly and method comprising a retaining plate for positioning upon a perimeteral surface of a cover of an enclosure during use, the retaining plate comprising a plurality of plate openings having an inner diameter for the passage of a plurality of respective captive fasteners. The captive fastener assembly further comprises a plurality of respective securing rings having inner and outer diameters, the plurality of capture fasteners comprising an annular notch for fixedly attaching to the inner diameter of the securing ring during use, wherein the outer diameter of the securing rings is greater than the inner diameter of the plate openings.