[Federal Register Volume 75, Number 58 (Friday, March 26, 2010)]
[Notices]
[Pages 14631-14632]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-6744]


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DEPARTMENT OF LABOR

Office of the Secretary


Submission for OMB Review: Comment Request

March 22, 2010.
    The Department of Labor (DOL) hereby announces the submission of 
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).

[[Page 14632]]

A copy of this ICR, with applicable supporting documentation; including 
among other things a description of the likely respondents, proposed 
frequency of response, and estimated total burden may be obtained from 
the RegInfo.gov Web site at http://www.reginfo.gov/public/do/PRAMain or 
by contacting Darrin King on 202-693-4129 (this is not a toll-free 
number)/e-mail: [email protected].
    Interested parties are encouraged to send comments to the Office of 
Information and Regulatory Affairs, Attn: OMB Desk Officer for the 
Department of Labor--Employee Benefits Security Administration (EBSA), 
Office of Management and Budget, Room 10235, Washington, DC 20503, 
Telephone: 202-395-7316/Fax: 202-395-5806 (these are not toll-free 
numbers), E-mail: [email protected] within 30 days from the 
date of this publication in the Federal Register. In order to ensure 
the appropriate consideration, comments should reference the OMB 
Control Number (see below).
    The OMB is particularly interested in comments which:
     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;
     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;
     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.
    Type of Review: Extension without change of a currently approved 
collection.
    Title of Collection: Summary Plan Description Requirements Under 
ERISA.
    OMB Control Number: 1210-0039.
    Affected Public: Private sector.
    Estimated Number of Respondents: 3,508,000.
    Total Estimated Annual Burden Hours: 262,000.
    Total Estimated Annual Costs Burden (Operation and Maintenance): 
$295,148,000.
    Description: Section 104(b)(1) of the Employee Retirement Security 
Act of 1974 (ERISA) requires the administrator of an employee benefit 
plan to furnish each plan participant and each beneficiary receiving 
benefits under the plan a copy of the plan's summary plan description 
(SPD) within 90 days after an individual becomes a participant and (in 
the case of a beneficiary) within 90 days after an individual first 
receives benefits, or, if later, within 120 days after the plan first 
becomes subject to Part 2 of Title I of ERISA. Section 104(b)(1) 
further specifies that if a plan document is amended, an updated SPD 
must be furnished subsequently every fifth year, integrating all plan 
amendments made within such five-year period. If the plan document is 
not amended, an updated SPD must be sent to participants and 
beneficiaries every 10th year. The Department's regulations at 29 CFR 
2520. 102-2, 102-3, 104b-2, and 104b-3, and provide guidance on the 
content, frequency, and manner of disclosures required under ERISA to 
be furnished by employee benefit plans to plan participants and certain 
specified plan beneficiaries periodically in SPDs, Summaries of 
Material Modifications, and Summaries of Material Reductions. For 
additional information, see related notice published in the Federal 
Register on November 27, 2009 (Vol. 74, page 62351).

Darrin A. King,
Departmental Clearance Officer.
[FR Doc. 2010-6744 Filed 3-25-10; 8:45 am]
BILLING CODE 4510-29-P