In general, the quickest way to create a new Plan Sponsor and Plan Document is to use the New Sponsor Wizard and then the New Plan Wizard. With these wizards, you answer questions regarding the sponsor and plan and they then set up things based upon your answers to these questions.

However, if you want to set up a new sponsor and plan that is very similar to one that has already been set up in DB Precision, the fastest way toward setup is to use a sponsor-to-sponsor copy. To do this, follow the steps below:

1. Create the New Sponsor: choose File (top-left) and then select New - Plan Sponsor.
2. Enter Information on New Sponsor Wizard Screen: enter the EIN, Sponsor Name, and then choose Number 000 under Plan Documents (you must choose at least one document). Then press OK on this screen.
3. Open the Existing Sponsor: open the Plan Sponsor that is to be the source of the copy by choosing File and then selecting Open - Plan Sponsor.
4. Copy the Existing Sponsor: right-click the existing sponsor's name and select Copy from the resulting menu. Make sure you are in the existing sponsor when copying. You do not want to copy the wrong way and accidentally delete information for the existing sponsor.
5. Paste to the New Sponsor: select the tab name of the new sponsor, right-click the new sponsor's name and then select Paste from the resulting menu. You will be warned about erasing information, but you can press Yes here to continue.
6. Change the Plan Name: the plan name from the existing sponsor will be copied to the new sponsor. Change this (and possibly the plan number if this is also different in the new sponsor) by expanding out Plan Documents in the new sponsor and double-clicking on the name of the plan. Here, you will be able to change the plan name (as well as plan number). Press OK and then save the sponsor by choosing File and then choosing Save.
7. Import Data: from here you will be able to import your data and modify the plan document if applicable.