Question $19$

XYZ has a noncontributory qualified profit$-$sharing plan with $310$ employees in total, $180$ who

are nonexcludable $(40$ HC and $140$ NHC $).$ The plan covers $72$ NHC and $29$ HC $.$ The NHC

receive an average of $4\mathrm{.}5\%$ benefit and the $HC$ receive $6\mathrm{.}5\%.$ Which of the following

statements is $($are$)$ correct?

The $xYZ$ company plan meets the ratio percentage test.

The $xYZ$ company plan fails the average benefits test.

The plan must and does meet the $\frac{50}{40}$ test.

a$.1$ only.

b$.2$ only.

c$.1$ and $2.$

d$.1,2,$ and $3.$