[Federal Register Volume 77, Number 77 (Friday, April 20, 2012)]
[Notices]
[Page 23756]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-9517]



[[Page 23756]]

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DEPARTMENT OF LABOR

Office of the Secretary


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Registration for EFAST-2 Credentials

ACTION: Notice.

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SUMMARY: The Department of Labor (DOL) is submitting the Employee 
Benefits Security Administration (EBSA) sponsored information 
collection request (ICR) titled, ``Registration for EFAST-2 
Credentials,'' to the Office of Management and Budget (OMB) for review 
and approval for continued use in accordance with the Paperwork 
Reduction Act (PRA) of 1995 (44 U.S.C. 3501 et seq.).

DATES: Submit comments on or before May 21, 2012.

ADDRESSES: A copy of this ICR with applicable supporting documentation; 
including a description of the likely respondents, proposed frequency 
of response, and estimated total burden may be obtained from the 
RegInfo.gov Web site, http://www.reginfo.gov/public/do/PRAMain, on the 
day following publication of this notice or by contacting Michel Smyth 
by telephone at 202-693-4129 (this is not a toll-free number) or 
sending an email to [email protected].
    Submit comments about this request to the Office of Information and 
Regulatory Affairs, Attn: OMB Desk Officer for DOL-EBSA, Office of 
Management and Budget, Room 10235, Washington, DC 20503, Telephone: 
202-395-6929/Fax: 202-395-6881 (these are not toll-free numbers), 
email: [email protected].

FOR FURTHER INFORMATION CONTACT: Michel Smyth by telephone at 202-693-
4129 (this is not a toll-free number) or by email at [email protected].

SUPPLEMENTARY INFORMATION: The Employee Retirement Income Security Act 
(ERISA) Filing Acceptance System 2 (EFAST-2) is an all-electronic 
system designed by the Department of Labor, Internal Revenue Service, 
and Pension Benefit Guaranty Corporation to simplify and expedite the 
submission, receipt, and processing of the Form 5500 and Form 5500-SF. 
These forms must be electronically filed each year by employee benefit 
plans to satisfy annual reporting requirements under the ERISA and the 
Internal Revenue Code. In order to file electronically, employee 
benefit plan filing authors, Schedule authors, filing signers, Form 
5500 transmitters, and entities developing software to complete and/or 
transmit the Form 5500 are required to register for EFAST-2 credentials 
through the EFAST-2 Web site.
    This information collection is subject to the PRA. A Federal agency 
generally cannot conduct or sponsor a collection of information, and 
the public is generally not required to respond to an information 
collection, unless it is approved by the OMB under the PRA and displays 
a currently valid OMB Control Number. In addition, notwithstanding any 
other provisions of law, no person shall generally be subject to 
penalty for failing to comply with a collection of information if the 
collection of information does not display a valid OMB Control Number. 
See 5 CFR 1320.5(a) and 1320.6. The DOL obtains OMB approval for this 
information collection under OMB Control Number 1210-0117. The current 
OMB approval is scheduled to expire on April 30, 2012; however, it 
should be noted that existing information collection requirements 
submitted to the OMB receive a month-to-month extension while they 
undergo review. For additional information, see the related notice 
published in the Federal Register on December 7, 2011.
    Interested parties are encouraged to send comments to the OMB, 
Office of Information and Regulatory Affairs at the address shown in 
the ADDRESSES section within 30 days of publication of this notice in 
the Federal Register. In order to help ensure appropriate 
consideration, comments should reference OMB Control Number 1210-0117. 
The OMB is particularly interested in comments that:
     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: DOL-EBSA.
    Title of Collection: Registration for EFAST-2 Credentials.
    OMB Control Number: 1210-0117.
    Affected Public: Private Sector--Businesses or Other For-Profits.
    Total Estimated Number of Respondents: 400,000.
    Total Estimated Number of Responses: 400,000.
    Total Estimated Annual Burden Hours: 133,333.
    Total Estimated Annual Other Costs Burden: $0.

    Dated: April 16, 2012.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2012-9517 Filed 4-19-12; 8:45 am]
BILLING CODE 4510-29-P