Build Corporation communicated several goals to its financial adviser when it decided to implement a qualified retirement plan for the company. After reviewing these goals, the adviser recommended that Build Corporation implement a defined benefit pension plan. Which of the following statements regarding employers who are candidates for a defined benefit pension plan are CORRECT?

I. Typically, they have the objective of instituting a plan with highly predictable costs.

II. They indicate that the desire to provide a tax shelter for key employees outweighs the need for an administratively convenient plan.

III. They want benefit levels guaranteed.

IV. They want a simple and inexpensive plan