[Federal Register Volume 86, Number 187 (Thursday, September 30, 2021)]
[Notices]
[Pages 54244-54245]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-21237]


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DEPARTMENT OF LABOR


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Annual Information Return/Report of Employee 
Benefit Plan

ACTION: Notice of availability; request for comments.

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[[Page 54245]]

SUMMARY: The Department of Labor (DOL) is submitting this Employee 
Benefits Security Administration (EBSA)-sponsored 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 (PRA). Public comments on the ICR are invited.

DATES: The OMB will consider all written comments that agency receives 
on or before November 1, 2021.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
    Comments are invited on: (1) Whether the collection of information 
is necessary for the proper performance of the functions of the 
Department, including whether the information will have practical 
utility; (2) if the information will be processed and used in a timely 
manner; (3) the accuracy of the agency's estimates of the burden and 
cost of the collection of information, including the validity of the 
methodology and assumptions used; (4) ways to enhance the quality, 
utility and clarity of the information collection; and (5) ways to 
minimize the burden of the collection of information on those who are 
to respond, including the use of automated collection techniques or 
other forms of information technology.

FOR FURTHER INFORMATION CONTACT: Mara Blumenthal by telephone at 202-
693-8538, or by email at [email protected].

SUPPLEMENTARY INFORMATION: This information collection relates to 
section 104 of ERISA, which requires administrators of employee benefit 
pension and welfare plans (collectively referred to as employee benefit 
plans) to file returns or reports annually with the federal government. 
The Form 5500 return/reports are the principal source of information 
and data available to the Department, the Internal Revenue Service, and 
the Pension Benefit Guaranty Corporation (the Agencies) concerning the 
operation of employee benefit plans. For this reason, the Form 5500 
constitutes an integral part of the Agencies' enforcement, research, 
and policy formulation programs. For additional substantive information 
about this ICR, see the related notice published in the Federal 
Register on March 31, 2021 (86 FR 16787).
    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 the OMB approves it 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 that does not display a valid 
OMB Control Number. See 5 CFR 1320.5(a) and 1320.6.
    DOL seeks PRA authorization for this information collection for 
three (3) years. OMB authorization for an ICR cannot be for more than 
three (3) years without renewal. The DOL notes that information 
collection requirements submitted to the OMB for existing ICRs receive 
a month-to-month extension while they undergo review.
    Agency: DOL-EBSA.
    Title of Collection: Annual Information Return/Report of Employee 
Benefit Plan.
    OMB Control Number: 1210-0110.
    Affected Public: Private Sector--Businesses or other for-profits 
and not-for-profit institutions.
    Total Estimated Number of Respondents: 822,134.
    Total Estimated Number of Responses: 822,134.
    Total Estimated Annual Time Burden: 586,314 hours.
    Total Estimated Annual Other Costs Burden: $280,700,898.
    Authority: 44 U.S.C. 3507(a)(1)(D).

     Dated: September 22, 2021.
Mara Blumenthal,
Senior PRA Analyst.
[FR Doc. 2021-21237 Filed 9-29-21; 8:45 am]
BILLING CODE 4510-29-P