[Federal Register Volume 63, Number 113 (Friday, June 12, 1998)]
[Notices]
[Page 32282]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-15729]


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DEPARTMENT OF THE TREASURY


Submission to OMB for Review; Comment Request

May 29, 1998.
    The Department of Treasury has submitted the following public 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13. Copies of 
the submission(s) may be obtained by calling the Treasury Bureau 
Clearance Officer listed. Comments regarding this information 
collection should be addressed to the OMB reviewer listed and to the 
Treasury Department Clearance Officer, Department of the Treasury, Room 
2110, 1425 New York Avenue, NW., Washington, DC 20220.

DATES: Written comments should be received on or before July 13, 1998 
to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0197.
    Form Number: IRS Form 5300 and Schedule Q (Form 5300).
    Type of Review: Extension.
    Title: Application for Determination for Employee Benefit Plan 
(5300); and Nondiscrimination Requirements (Schedule Q).
    Description: IRS needs certain information on the financing and 
operating of employee benefit and employee contribution plans set up by 
employers. IRS uses Form 5300 to obtain the information needed to 
determine whether the plans qualify under Code sections 401(a) and 
501(a). Schedule Q provides information related to the manner in which 
a plan satisfies certain qualification requirements relating to minimum 
participation, coverage, and nondiscrimination.
    Respondents: Business or other for-profit, Individuals or 
households.
    Estimated Number of Respondents/Recordkeepers: 300,000.
    Estimated Burden Hours Per Respondent/Recordkeeper:

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                                                     Form 5300                            Schedule Q            
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Recordkeeping.........................  11 hr., 0 min......................  25 hr., 7 min.                     
Learning about the law or the form....  5 hr., 1 min.......................  10 hr., 53 min.                    
Preparing the form....................  7 hr., 16 min......................  21 hr., 8 min.                     
Copying, assembling and sending the     32 min                               ...................................
 form to the IRS.                                                                                               
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    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 10,457,200 hours.
    Clearance Officer: Garrick Shear (202) 622-3869, Internal Revenue 
Service, Room 5571, 1111 Constitution Avenue, NW, Washington, DC 20224.
    OMB Reviewer: Alexander T. Hunt (202) 395-7860, Office of 
Management and Budget, Room 10226, New Executive Office Building, 
Washington, DC 20503.
Lois K. Holland,
Departmental Reports Management Officer.
[FR Doc. 98-15729 Filed 6-11-98; 8:45 am]
BILLING CODE 4830-01-P