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> Question 5 1 pts Qualified retirement plans are intended to serve rank-and-file employees (not just the highly compensated employer or business owner). Assume for

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> Question 5 1 pts Qualified retirement plans are intended to serve rank-and-file employees (not just the highly compensated employer or business owner). Assume for this question that you begin work immediately after graduation. Given that your employer offers a 401(k) profit sharing plan, which of the following plan eligibility standards would NOT comply with ERISA standards? OTwo year waiting period with 100% vesting schedule O Three year waiting period with 100% vesting schedule No waiting period required to participate in the plan One year waiting period with a maximum vesting schedule of either a 5-year cliff or a 2-to-6 vesting schedule

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