Employee Retirement Income Security Act Blackout Period Notice

ICR 201805-1210-004

OMB: 1210-0122

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2018-07-23
IC Document Collections
ICR Details
1210-0122 201805-1210-004
Active 201504-1210-005
DOL/EBSA
Employee Retirement Income Security Act Blackout Period Notice
Extension without change of a currently approved collection   No
Regular
Approved without change 11/05/2018
Retrieve Notice of Action (NOA) 08/31/2018
  Inventory as of this Action Requested Previously Approved
11/30/2021 36 Months From Approved 11/30/2018
9,439,990 0 6,400,000
218,553 0 198,000
2,403,893 0 2,100,000

Pub. L. 107-204 amended section 101 of ERISA to require plan administrators to furnish affected participants and beneficiaries of individual account pension plans with advance written notice of a "blackout period" during which their right to direct or diversify investments or obtain a loan or distributions, may be temporarily suspended.

US Code: 29 USC 1021(i), 1135 Name of Law: Employee Retirement Income Security Act of 1974
  
None

Not associated with rulemaking

  83 FR 15635 04/11/2018
83 FR 46186 08/31/2018
No

1
IC Title Form No. Form Name
Employee Retirement Income Security Act Blackout Period Notice

  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 9,439,990 6,400,000 0 0 3,039,990 0
Annual Time Burden (Hours) 218,553 198,000 0 0 20,553 0
Annual Cost Burden (Dollars) 2,403,893 2,100,000 0 0 303,893 0
No
No
There was an increase in the number of defined benefit plans affected. Labor costs and mailing costs have also been updated.

$0
No
    No
    No
No
No
No
Uncollected
Christopher Cosby 202-693-8425 [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.
08/31/2018


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