Lower the shutter door on the front of the Master Lock 5401D key storage box.
Turn the dials to your existing combination or the factory "0000" combination if you're changing the combination for the first time.
Push the key storage compartment door release button. Flip open the door.
Slide the combination reset lever -- near the bottom right corner of the door -- in its groove to the left and then down.
Align the dials to a new combination of your choice and then move the reset lever in the groove back to its starting position.
Flip up the compartment door to close it. Rearrange the dials so the numbers of the combination don't align.
Realign the dials to the new combination. Push the release button to open the door.