[Federal Register Volume 68, Number 58 (Wednesday, March 26, 2003)]
[Notices]
[Pages 14705-14706]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-7195]


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DEPARTMENT OF LABOR

Office of the Secretary


Submission for OMB Review; Comment Request

March 20, 2003.
    The Department of Labor (DOL) has submitted the following public 
information collection request (ICR) to the Office of Management and 
Budget (OMB) for review and approval in accordance with the Paperwork 
Reduction Act of 1995 (Pub. L. 104-13, 44 U.S.C. chapter 35). A copy of 
this ICR, with applicable supporting documentation, may be obtained by 
calling the Department of Labor. To obtain documentation contact Darrin 
King at (202) 693-4129 or E-Mail [email protected].
    Comments should be sent to Office of Information and Regulatory 
Affairs, Attn: OMB Desk Officer for EBSA, Office of Management and 
Budget, Room 10235, Washington, DC 20503 ((202) 395-7316), within 30 
days from the date of this publication in the Federal Register.
    The OMB is particularly interested in comments which:
    [sbull] Evaluate whether the proposed collection of information is 
necessary for the proper performance of the functions of the agency, 
including whether the information will have practical utility;
    [sbull] Evaluate the accuracy of the agency's estimate of the 
burden of the proposed collection of information, including the 
validity of the methodology and assumptions used;
    [sbull] Enhance the quality, utility, and clarity of the 
information to be collected; and minimize the burden of the collection 
of information on those who are to respond, including through the use 
of appropriate automated, electronic, mechanical, or other 
technological collection techniques or other forms of information 
technology, e.g., permitting electronic submission of responses.
    Agency: Employee Benefits Security Administration (EBSA).
    Type of Review: Extension of a currently approved collection.
    Title: ERISA Summary Annual Report Requirement.
    OMB Number: 1210-0040.

[[Page 14706]]

    Affected Public: Business or other for-profit; not-for-profit 
institutions; and individuals or households.
    Frequency: Annually.
    Type of Response: Third party disclosure.
    Number of Respondents: 815,114.
    Number of Annual Responses: 304,195,943.
    Estimated Time Per Response: 30 minutes.
    Total Burden Hours: 421,761.
    Total Annualized Capital/Startup Costs: $0.
    Total Annual Costs (operating/maintaining systems or purchasing 
services): $188,211,295.
    Description: Section 104(b)(3) of the Employee Retirement Income 
Security Act and regulations at 29 CFR 2520.104b-10 require employee 
benefit plans to furnish a summary of the plan's annual report to 
participants and beneficiaries for purposes of disclosing basic easy to 
understand financial information.

Ira L. Mills,
Departmental Clearance Officer.
[FR Doc. 03-7195 Filed 3-25-03; 8:45 am]
BILLING CODE 4510-29-M