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The Marsthfield Corporation offers group life insurance coverage to its eligible employees through a contract with the Telescope Insurance Company. Telescope is responsible for handling

The Marsthfield Corporation offers group life insurance coverage to its eligible employees through a contract with the Telescope Insurance Company. Telescope is responsible for handling the administrative and recordkeeping aspects of this plan. Marshfield pays the entire premium for this group life insurance plan. This information indicates that Marshfield's plan is both
a self-administered plan and a contributory plan
self-administered plan and a noncontributory plan
an insurer-administered plan and a contributory plan
an insurer-administered plan and a noncontributory.plan

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