My grandmother was very super- stitious and she believed that bad luck could result from a bad choice you make. My grandmother grew up in old world Europe and she clearly was a product of her times. I’m less superstitious, I think that choices in life can lead to bad results, but I don’t think it’s about luck. I think you can make your own luck based on the choices that you make. For 401(k) plans, I believe that certain choices that a plan sponsor can make can lead to bad and costly results. Plan sponsors can make their own bad luck by making bad choices, so this article is a warning tale on what bad choices that a plan sponsor should not make.