It’s nice not having to have a custodian or a trustee. In 401k, you are the plan administrator so there is no requirement for a trustee. You just have to have an account at a bank. So you are the plan administrator, you may call the reporting but there is really no reporting to be done. Normally, the custodian takes care of all that, but in this case, until the plan reaches a value of $250,000, there is no reporting to the IRS on an annual basis. None. Now you’ll get some issues whenever you start taking distributions and so forth, but the reporting is just negligible. As a result, as the plan administrator, your job is a lot easier.