We all know that life is a marathon and not a sprint, it’s a collection of experiences both good and bad. Being a 401(k) plan sponsors isn’t about having the best investment returns or having the cheapest plan providers. As a 401(k) plan sponsor, it’s important for you to realize that everything you do is about completing a process and not achieving a result. It might be counterintuitive because, in life, we try to be the best that we can be. When it comes to being a plan sponsor, it’s like being a kid in school and getting a C on the exam, as long as you studied hard. The problem with being a 401(k) plan sponsor is that most employers don’t “study hard”by going through a process that ERISA sets out to help minimize liability. This article is all how you should understand what the pro- cess in running a plan is and what you need to focus on.