Notice2024-22430
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Registration for EFAST-2 Credentials
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
October 1, 2024
Issuing agencies
Labor Department
Abstract
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.
Full Text
<html>
<head>
<title>Federal Register, Volume 89 Issue 190 (Tuesday, October 1, 2024)</title>
</head>
<body><pre>
[Federal Register Volume 89, Number 190 (Tuesday, October 1, 2024)]
[Notices]
[Page 79963]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-22430]
-----------------------------------------------------------------------
DEPARTMENT OF LABOR
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Registration for EFAST-2 Credentials
ACTION: Notice of availability; request for comments.
-----------------------------------------------------------------------
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 the agency
receives on or before October 31, 2024.
ADDRESSES: Written comments and recommendations for the proposed
information collection should be sent within 30 days of publication of
this notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
FOR FURTHER INFORMATION CONTACT: Michael Howell by telephone at 202-
693-6782, or by email at <a href="/cdn-cgi/l/email-protection#30747f7c6f6062716f6065727c797370545f5c1e575f46"><span class="__cf_email__" data-cfemail="92d6dddecdc2c0d3cdc2c7d0dedbd1d2f6fdfebcf5fde4">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: The Employee Retirement Income Security Act
of 1974 (ERISA) section 104 requires administrators of employee
benefits plans (pension and welfare plans) and employers sponsoring
certain fringe benefit plans and other plans of deferred compensation
to file returns/reports annually with the Secretary of Labor concerning
the financial condition and operation of plans. Reporting requirements
are satisfied by filing the Form 5500 in accordance with its
instructions and the related regulations. Form 5500 filings are
processed under the ERISA Filing Acceptance System 2 (EFAST-2), which
is designed to simplify and expedite the receipt and processing of the
Form 5500 by relying on internet-based forms and electronic filing
technologies.
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 EFAST2
website. The information requested for registration includes: Applicant
type (Filing Author, Filing Signer, Schedule Author, Transmitter, or
software developer); mailing address; fax number (optional); email
address; company name, contact person; and daytime telephone number.
Registrants must also provide an answer to a challenge question (``What
is your date of birth?'' or ``Where is your place of birth?''), which
enables users to retrieve forgotten credentials. In addition,
registrants must accept a Privacy Agreement; PIN Agreement; and, under
penalty of perjury, a Signature Agreement. For additional substantive
information about this ICR, see the related notice published in the
Federal Register on February 5, 2024 (89 FR 7732).
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) 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; (3) ways to enhance the quality,
utility and clarity of the information collection; and (4) 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.
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: Registration for EFAST-2 Credentials.
OMB Control Number: 1210-0117.
Affected Public: Private sector, Business or other for profits.
Total Estimated Number of Respondents: 91,723.
Total Estimated Number of Responses: 91,723.
Total Estimated Annual Time Burden: 30,574 hours.
Total Estimated Annual Other Costs Burden: $0.
(Authority: 44 U.S.C. 3507(a)(1)(D))
Michael Howell,
Senior Paperwork Reduction Act Analyst.
[FR Doc. 2024-22430 Filed 9-30-24; 8:45 am]
BILLING CODE 4510-29-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on October 1, 2024.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.