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Federal forms, ICRs, and supporting documents

Information Collection Request

Prohibited Transaction Class Exemption for Certain Transactions Between Investment Companies and Employee Benefit Plans (PTE 1977-4)

ICR 201607-1210-005 · OMB 1210-0049 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
PTE 77-4 ss16.docx Supporting Statement A Uploaded 2016-08-11 Available
AORequest.pdf Supplementary Document Uploaded 2013-06-06 Repair queued
IC Document Collections
IC IDCollectionTypeStatusForm
206541 Full Prospectus On Demand Other-Advisory Opinion Modified
13347 Summary Prospectus to Everyone Affected Other-Federal Register Notice Modified
ICR Details
1210-0049 201607-1210-005
Historical Active 201304-1210-009
DOL/EBSA
Prohibited Transaction Class Exemption for Certain Transactions Between Investment Companies and Employee Benefit Plans (PTE 1977-4)
Extension without change of a currently approved collection   No
Regular
Approved without change 12/12/2016
Retrieve Notice of Action (NOA) 08/17/2016
  Inventory as of this Action Requested Previously Approved
12/31/2019 36 Months From Approved 12/31/2016
271,238 0 399,300
23,040 0 33,640
117,069 0 219,000
Prohibited Transaction Exemption 77-4 permits an employee benefit plan to purchase and sell shares of an open-end investment company (mutual fund) when a fiduciary with respect to the plan is also the investment advisor for the mutual fund.
US Code: 29 USC 1108 Name of Law: Employee Retirement Income Security Act of 1974
   US Code: 26 USC 4975 Name of Law: Internal Revenue Code of 1986
  
None
Not associated with rulemaking
  81 FR 33550 05/26/2016
81 FR 54851 08/17/2016
No
2
IC Title Form No. Form Name
Summary Prospectus to Everyone Affected
Full Prospectus On Demand
  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 271,238 399,300 0 0 -128,062 0
Annual Time Burden (Hours) 23,040 33,640 0 0 -10,600 0
Annual Cost Burden (Dollars) 117,069 219,000 0 0 -101,931 0
No
No
Although no program changes have been made that would require revision of the prior paperwork burden estimates, the Department is adjusting its estimates of the hour and cost burden of this exemption in two respects. First, the Department is revising its estimate of the number of respondents and responses, based on more recent ICI and Form 5500 data. Second, the Department is revising its estimate of the wage and postage costs due to increased labor costs and inflation.
$0
No
No
No
No
No
Uncollected
Allan Beckmann 202 693-8429 [email protected]
  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:
 
 
 
 
 
 
 
    (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;
 
 
 
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.
08/17/2016