A lovable elf named Duncan can't seem to stay out of trouble. He is very small, even for an elf, but he wants to work hard and be the best elf he could possibly be. Unfortunately, things just don't work out for Duncan and he decides to run away from the North Pole. As he begins to leave, he notices Santa put his Magic Ring on his night stand and decides that he would be a much better elf if only he could borrow that ring...just for a little while. But Santa's ring only works for Santa, and by the time Duncan realizes it, it may be too late. Can Duncan get back to the North Pole before he ruins Christmas?