Correct statements concerning employees retirement income security act (erisa) plans include all of the following except:
[a] defined benefit plans include a formula to use in determining the benefits employees will receive on their retirement.[b] payroll deduction plans must be "qualified" plans under the irs code.[c] under defined contribution plans, employee retirement benefits depend on factors such as contributions made and portfolio performance.[d] trading for erisa plan accounts make up a significant part of the volume on all national exchanges.

B] Payroll deduction plans must be "qualified" plans under the IRS code

Explanation:

Under the internal revenue service code, Payroll deduction plans could be non-qualified plans. The implication of this is that the money used for the plan is after tax deductions.

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answer; sociological imagination;