The following facts apply to Jack Baker and his business, Gem Clock Corporation. Jack is 50 and started Gem Clock about 15 years ago. He plans to retire at age 65. The Gem Clock Corporation employee census shows that employees range in age from 27 to 46 and have from six months to six years of service. Jack would like to install a qualified plan that favors him and rewards loyal employees. Which one of the following is an advantage to Jack of installing a defined benefit plan with a unit-benefit formula? Group of answer choices It could maximize Jack's benefits and give employees an incentive to work harder as units of profit are allocated to their accounts. It could reward older employees hired in their 50s or 60s who are nearer to retirement. The actual retirement benfit would depend on the investment choices made by each employee. It could both maximize Jack's benefits and reward long-term employees, because benefits are based in part on length of service