The greatest benefit you can provide as an employer is a qualified retirement plan, such as a 401(k) plan. The problem is that most employers treat a 401(k) plan with as much care as they do with other benefits such as free milk and coffee. The problem is that while sponsoring a 401(k) plan is a great idea, there are some unpleasant facts that go along with it. Unlike Elaine in the movie, Airplane!, you will have to face them as a 401(k) plan sponsor.