Which of the following is true regarding automatic enrollment? It is a provision whereby the employee is deemed to have elected a specific deferral unless the employee specifically opts out of such election in writing II. Automatic enrollments are no longer allowed by the IRS III. When an employer includes an automatic enrollment in its qualified plan, the employer must also provide 100% immediate vesting, I only I, II and II Il and it land Question 24 1 pts Governor DeWine made Jimmy's Sub Shop shut down during the coronavirus quarantine and Jimmy's is having financial trouble, Jimmy's offers a profit sharing plan to its employees. Jimmy's had profits in 2019 but hadn't made a profit sharing contribution for 2019 yet. Does Jimmy have to make a profit sharing contribution for 2019? No, because profit sharing contributions only need to be substantial and recurring O Yes, because profit sharing plans have mandatory funding Yes, because he had profits in 2019 No, because Jimmy laid off all of his employees last week