Application for Determination for Adopters of Modified Volume Submitter Plans (Form 5307)
Extension without change of a currently approved collection
No
Regular
10/29/2020
Requested
Previously Approved
36 Months From Approved
01/31/2021
100,000
100,000
5,139,000
5,139,000
0
0
This form is filed by employers or plan administrators who have adopted a prototype plan approved by the IRS National Office or a regional prototype plan approved by the IRS District Director to obtain a ruling that the plan adopted is qualified under IRC sections 401(a) and 501(a). It may not be used to request a letter for a multiple employer plan.
US Code:
26 USC 501(a)
Name of Law: Exemption from taxation
US Code:
26 USC 401(a)
Name of Law: Requirements for qualification
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.