What is a profit sharing plan? What are the contribution limits for profit sharing plans? Part 2 A profit sharing plan is:(Select the best answer below.) A. offered by some firms, where the employee's retirement contributions depend on the firm's annual profitability. B. offered by some firms, where the employer's retirement contributions depend on the firm's annual profitability. C. offered by some firms, where the employee's retirement contributions depend on the firm's annual dividends. D. offered by some firms, where the employee's retirement contributions depend on the firm's annual sales. Part 3 What are the contribution limits for profit sharing plans?(Select the best answer below.) A. Employers can contribute up to 25% of