ANNUAL REPORT OF EMPLOYEE BENEFIT PLANS

OMB Control No: 1212-0026	ICR Reference No: 198802-1212-003
Status: Historical Active	Previous ICR Reference No: 198712-1212-001
Agency/Subagency: PBGC	Agency Tracking No:
Title: ANNUAL REPORT OF EMPLOYEE BENEFIT PLANS
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 05/24/1988
Retrieve Notice of Action (NOA)	Date Received in OIRA: 02/24/1988
Terms of Clearance: The "Annual Return/Report of Employee Benefit Plans (Form 5500 Series)" is approved through January 1991, subject to the following terms and conditions: 1. The user agencies will incorporate the revisions to the Form 5500 Series specified in the clearance letter from J. Howard Beales (OMB) to Roger Cooper (Department of the Treasury), dated April 8, 1987. 2. The Schedule B, as revised and submitted by the Pension Benefit Guaranty Corporation to OMB on April 21, 1988, is approved. 3. In future requests for Paperwork Reduction Act approval of the Form 5500 Series, OMB requests that the Department of Labor, Internal Revenue Service, and PBGC use a common basis and methodology for estimating the paperwork burden of these reporting requirements.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/1991	01/31/1991	11/30/1990
Responses	228,643	0	901,400
Time Burden (Hours)	47,665	0	33,728
Cost Burden (Dollars)	0	0	0

---

Abstract: SECTION 4065 OF ERISA REQUIRES COVERED, DEFINED BENEFIT PLANS TO FILE AN ANNUAL REPORT CONTAINING CERTAIN INFORMATION. THE FORM 5500 SERIES PROVIDES A STANDARD FORMAT FOR FULFILLING THIS REQUIRMENT.

---

Authorizing Statute(s): None

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:

---

Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 1

IC Title Form No. Form Name ANNUAL REPORT OF EMPLOYEE BENEFIT PLANS 5500

---

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	228,643	901,400	0	326,217	-998,974	0
Annual Time Burden (Hours)	47,665	33,728	0	-6,758	20,695	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to:

Short Statement:

---

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

---

Common Form ICR:  No

---

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
		(a) It is necessary for the proper performance of agency functions;
		(b) It avoids unnecessary duplication;
		(c) It reduces burden on small entities;
		(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
		(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
		(f) It indicates the retention periods for recordkeeping requirements;
		(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
			(i) Why the information is being collected;
			(ii) Use of information;
			(iii) Burden estimate;
			(iv) Nature of response (voluntary, required for a benefit, or mandatory);
			(v) Nature and extent of confidentiality; and
			(vi) Need to display currently valid OMB control number;
		(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
		(i) It uses effective and efficient statistical survey methodology (if applicable); and
		(j) It makes appropriate use of information technology.
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Certification Date: 02/24/1988

---