One of the major reasons that I started my law practice was my discontent with the way that midsized law firms ran. I think they were the worst-run businesses out there because they didn’t have the clientele to support such a huge overhead of fancy offices and large amounts of unnecessary staff. Organizations that are poorly run have a hard time changing because the people that poorly run things, usually don’t step aside voluntarily. 401(k) plan sponsors that run a poor plan have to change, they must change. This article reminds us what plan sponsors should do, but probably don’t do.