A Defined Contribution Plan Is a Qualified Pension Plan in Which

A defined contribution plan is a qualified pension plan in which:

A) social security benefits are combined with the benefits of private plans.
B) employer pays a small percentage of the profits along with salaries.
C) the contribution amount is identified but the benefit amount available at retirement varies.
D) a firm bases its contributions on the estimations of an actuary or an analyst.
E) the employers select the formula that best meets both the needs of employees for economic security.