A medium$-$sized actuarial consultancy has been providing risk management services to the health insurance industry for years. The owners have been very focused on operating the business. When they retire, they will be able to sell the business and realize several million dollars each. They are not concerned about their own retirements. However, they have recently been approached by a trusted key employee who has informed them that several of the employees are not satisfied with the company's lack of a retirement plan. Two of the employees actually have job offers from another company. The owners met to discuss this and decided that while they are not willing to bear any investment risk, they are willing to make company$-$paid contributions. Since they are actuaries and love math, they have decided that they would like to aim for a certain benefit for everyone. While they do not want any liability to provide a specific benefit, they are intrigued by the "game" to see if their projections turn out correctly. What plan type is best for this potential client?

ESOP

Target Benefit Plan

Defined Benefit Plan

Money Purchase Pension Plan $($MPPP$)$