2017 Burden

Burden Computation - Business Forms
Page 1 of 1

March 27, 2017

Product:
Description:
Variables
Responses.......
Line Items......
Attachments.....
Forms Prepared..
Code References.

5306A/
Application for Approval of Prototype Simplified Employee Pension (SEP)
2013

Changes (+ -)

2016

5,000
______________
68
______________
0.00
______________
0.85
______________
14
______________

-4,979
_____________________________
_____________________________
_____________________________
_____________________________
_____________________________

21
______________
68
______________
0.00
______________
0.85
______________
14
______________

Computation of Changes
21 x _____________
19.37
Old Computation (Prog. Change) ______________
21 x _____________
19.37
New Computation.............. ______________
Balance...

=
=

407
_______________
407
_______________
_______________
0

Old Computation (Adjustment).
New Computation..............
Balance...

5,000 x _____________
19.37
______________
21 x _____________
19.37
______________

=
=

96,850
_______________
407
_______________
-96,443
_______________

Old Computation..............
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Summary
Old Burden...................................................
Program Change...............................................
Adjustment...................................................
New Burden...................................................

96,850
_______________
0
_______________
-96,443
_______________
407
_______________

Paperwork Reduction Act Notice
Time Per Response
19.37
Recordkeeping.............
Learning..................
Preparing.................
Sending...................

Average Hours
Per Response
16.26
______________
1.39
______________
1.71
______________
0.00
______________

Average Time
Per Response
16 hrs. , 15 min.
___________________
1 hrs. , 23 min.
___________________
1 hrs. , 42 min.
___________________
0 hrs. , 00 min.
___________________

Notes:
Reduction to burden is because the organization that processes 5306-A has
provided updated numbers of actual filers.