Bill's employer maintains a target benefit plan. Bill is age 59. The plan was originally designed to benefit a 38-year-old key employee. There is also substantial turnover at Bill's company. Which of the following statements is CORRECT? O Forfeitures are likely to be allocated equally to Bill and the 38-year-old key employee. Bill knows exactly what retirement benefit to expect. O Contributions to the retirement plan are mandatory. OBill's retirement benefit is funded through elective deferrals