Similarly for Ultima Thule. They may have been able to find a different target, but it was very difficult to find any target at all in the first place (lots of Kuiper belt objects are known; the difficulty was finding one that could be reached by New Horizons). See this Twitter thread that was linked elsewhere: https://twitter.com/Alex_Parker/status/1077986070128668674
Bigger objects have greater gravity than smaller objects, therefore are more spheroid.
As we get better at observing, we'll see more objects that are less spheroid.
Pluto may be a KBO also. Further, it's possible some moons of the gas-giant planets are captured KBO's.
The unusual thing about Ultima Thule is that it's in a nearly circular and "flat" orbit, which many experts interpret to mean it's mostly undisturbed from its point of origin. It's a prime "fossil".
Pluto has a "disturbed" orbit such that its origin is currently unknown. Same for gas-giant moons. Pluto has also been turned inside-out, perhaps multiple times, by a still unidentified force. Ultima Thule is probably mostly as-is since formation.
Given lack of fast erosion from liquid water or significant wind (in a very thin atmosphere), whatever geologic process is smoothing out Pluto is happening quickly compared to other points of reference we have.
I use the example of Earth's geologic plates, but that's only one possible explanation. There's also speculation about freeze/thaw cycles of the planetary material and atmosphere (since it has an irregular orbit), movement of water-ice mountains, cryovolcanos, and other theories.
Some examples: https://www.nasa.gov/sites/default/files/thumbnails/image/du... https://www.nasa.gov/sites/default/files/thumbnails/image/nh... https://www.nasa.gov/sites/default/files/thumbnails/image/co... https://www.nasa.gov/sites/default/files/thumbnails/image/nh...