[Federal Register Volume 70, Number 5 (Friday, January 7, 2005)]
[Notices]
[Pages 1501-1502]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-336]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

December 30, 2004.
    The Department of the 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 
11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.

DATES: Written comments should be received on or before February 7, 
2005 to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0197.
    Form Number: IRS Form 5300 and Schedule Q (Form 5300).

[[Page 1502]]

    Type of Review: Revision.
    Title: Form 5300: Application for Determination for Employee 
Benefit Plan; and Schedule Q (Form 5300): Elective Determination 
Requests.
    Description: IRS needs certain information on the financing and 
operating of employee benefits and 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: 185,000.
    Estimated Burden Hours Respondent/Recordkeeper:

------------------------------------------------------------------------
                                                            Schedule Q
                                             Form 5300      (Form 5300)
------------------------------------------------------------------------
Recordkeeping...........................  41 hr., 7 min.  6 hr., 13 min.
Learning about the law or the form......   8 hr., 0 min.  9 hr., 14 min.
Preparing the form......................      13 hr., 40  9 hr., 45 min.
                                                    min.
Copying, assembling, and sending the      1 hr., 20 min.   0 hr., 0 min.
 form to the IRS........................
------------------------------------------------------------------------

    Frequency of response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 7,972,750 hours.
    Clearance Officer: Paul H. Finger (202) 622-3634, Internal Revenue 
Service, Room 6516, 1111 Constitution Avenue, NW., Washington, DC 
20224.
    OMB Reviewer: Joseph F. Lackey, Jr. (202) 395-7316, Office of 
Management and Budget, Room 10235, New Executive Office Building, 
Washington, DC 20503.

Lois K. Holland,
Treasury PRA Clearance Officer.
[FR Doc. 05-336 Filed 1-6-05; 8:45 am]
BILLING CODE 4830-01-U