Tom has decided to open a 2nd coat store in a nearby suburb. He has decided to offer a Section 401(k) profit- sharing plan to employees at the original store, but not at the 2nd store. The purpose of the retirement plan is to fund Toms retirement, not to retain employees. Which of the following statements is(are) CORRECT? One -This is allowed under the permitted disparity rules. Two -This is not allowed because the 2 stores are affiliated through common ownership. Three -This is allowed because it is a personal retirement savings vehicle. Four - Tom is required to offer the plan to all employees who meet the eligibility rules for the qualified plan.

Question 1 options:

a)	1 only
b)	1 and 3
c)	2 only
d)	2 and 4