Which of the Following Is a True Statement Regarding SIMPLE

Which of the following is a true statement regarding SIMPLE IRAs?

A) With a SIMPLE IRA, an employer must use a bank instead of an insurance company.
B) SIMPLE IRAS require employees to make contributions each month.
C) Employer contributions to SIMPLE IRAS are not tax deductible.
D) Employers usually handle the IRS paperwork for SIMPLE IRAs.
E) SIMPLE IRAs have low administrative costs.