QUESTION 16 Bank Corp has a defined benefit plan with 60 employees. What is the minimum number of employees the defined benefit plan must cover to conform to the requirements set forth by the IRC? 24. 30. 42. 50. QUESTION 17 1 pa Generally, which of the following are noncontributory plans? 1-401k) and money purchase pension plans. 2-401(k) and thrift plans. 3-Thrift plans and ESOPS 4-Money purchase pension plans and profit sharing plans O 4 only. O 1 and 2. O3 and 4 O 1,2,3, and 4 QUESTION 18 1 point Which of the following people is considered highly compensated for 2018 -Robin, a 1% owner who earns $80,000 per year Helen, who earned $195,000 last year and is the 40th highest paid employee of 100 employees. Casey, a 20% owner who earns $24,000 per year Donna, a 4% owner who earns $45,000 per year. QUESTION 19 1 points of the following statements concerning cash balance pension plans are correct EXCEPT: Click Sqve and Submit to sqve and submit.Click Save All Answers to save all answers. Save All Answers