Notice2025-09500
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Access to Multiemployer Plan Information
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
May 28, 2025
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
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<title>Federal Register, Volume 90 Issue 101 (Wednesday, May 28, 2025)</title>
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[Federal Register Volume 90, Number 101 (Wednesday, May 28, 2025)]
[Notices]
[Pages 22516-22517]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-09500]
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DEPARTMENT OF LABOR
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Access to Multiemployer Plan Information
ACTION: Notice of availability; request for comments.
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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 June 27, 2025.
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#54101b180b0406150b040116181d1714303b387a333b22"><span class="__cf_email__" data-cfemail="73373c3f2c2321322c2326313f3a3033171c1f5d141c05">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: Section 101(k)(1) of ERISA requires
multiemployer plan administrators to furnish certain documents to any
plan participant, beneficiary, employee representative, or any employer
that has an obligation to contribute to the plan upon written request.
The Department issued a final rule that implements the disclosure
requirements of ERISA section 101(k) on March 2, 2010 (75 FR 9334). The
documents that may be requested are: (1) A copy of any periodic
actuarial report (including sensitivity testing) received by the plan
for any plan year which has been in the plan's possession for at least
30 days; (2) a copy of any quarterly, semi-annual, or annual financial
report prepared for the plan by any plan investment manager or advisor
or other fiduciary that has been in the plan's possession for at least
30 days; and (3) a copy of any application filed with the Secretary of
the Treasury
[[Page 22517]]
requesting an extension under section 304 of ERISA (or section 431(d)
of the Internal Revenue Code of 1986) and the determination of such
Secretary pursuant to such application.
The information collection provisions of this final regulation are
found in 29 CFR 2520.101-6(a), which requires multiemployer defined
benefit and defined contribution pension plan administrators to furnish
copies of certain actuarial and financial documents to plan
participants, beneficiaries, employee representatives, and contributing
employers upon request.
This information constitutes a third-party disclosure from the
administrator to participants, beneficiaries, employee representatives,
and contributing employers for purposes of the PRA. Pursuant to Sec.
2520.101-6(d)(5), the documents required to be disclosed shall not
contain any information that the plan administrator reasonably
determines to be either: (i) Individually identifiable information
regarding any plan participant, beneficiary, employee, fiduciary, or
contributing employer, except that such limitation shall not apply to
an investment manager or adviser, or with respect to any other person
(other than an employee of the plan) preparing a financial report
described in paragraph Sec. 2520.101-6(c)(2); or (ii) proprietary
information regarding the plan, any contributing employer, or entity
providing services to the plan. The plan administrator must inform the
requester if any such information is withheld. For additional
substantive information about this ICR, see the related notice
published in the Federal Register on January 6, 2025 (90 FR 671).
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: Access to Multiemployer Plan Information.
OMB Control Number: 1210-0131.
Affected Public: Private sector.
Total Estimated Number of Respondents: 2,405.
Total Estimated Number of Responses: 27,071.
Total Estimated Annual Time Burden: 20,875 hours.
Total Estimated Annual Other Costs Burden: $82,593.
(Authority: 44 U.S.C. 3507(a)(1)(D))
Michael Howell,
Senior Paperwork Reduction Act Analyst.
[FR Doc. 2025-09500 Filed 5-27-25; 8:45 am]
BILLING CODE 4510-29-P
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