Which of the following statements about the Employee Retirement Income Security Act $($ERISA$)$ is true?

Group of answer choices

ERISA requires that all employers with fifteen or more employees provide an employer$-$funded pension plan.

ERISA requires that all employers with fifteen or more employees provide a health$-$care plan.

ERISA sets standards for employer$-$sponsored pension plans and requires detailed disclosures monthly.

Only publicly traded corporations are covered by ERISA.