Which of the following statements regarding profit$-$sharing plans is CORRECT?

A$)$

Company profits are required to make contributions to a profit$-$sharing plan.

B$)$

Profit$-$sharing plans are only suitable for companies with predictable cash flows.

C$)$

Companies adopting a profit$-$sharing plan are required to make annual contributions to the plan.

D$)$

The maximum tax$-$deductible employer contribution to a profit$-$sharing plan is $25\%$ of total covered employee compensation.