A financial analyst collects the following data on a defined benefit plan for a food processing firm:

Risk-Free Rate	2.3%
Discount rate used to compute pension obligations	7.1%
Expected inflation rate	1.7%
Yield to maturity on the company 30-yer bonds	6.2%
Normal retirement age	65
Average age of employees	61
Number of employees	100
Plan surplus	$8 million

The most likely characteristic that would indicate a low ability to take risk is the:

		Average age.
		Plan's surplus.
		Liquidity issue.
		Number of employees.