Annual Return/Report of Employee Benefit Plan

ICR 202103-1545-021

OMB: 1545-1610

Federal Form Document

Forms and Documents
Justification for No Material/Nonsubstantive Change
Supporting Statement A
IC Document Collections
ICR Details
1545-1610 202103-1545-021
Received in OIRA 202012-1545-013
Annual Return/Report of Employee Benefit Plan
No material or nonsubstantive change to a currently approved collection   No
Regular 03/30/2021
  Requested Previously Approved
03/31/2024 03/31/2024
937,497 929,000
939,700 934,830
143,059,000 140,563,487

Form 5500 is an annual information return filed by employee benefit plans. The IRS uses this information to determine if the plan appears to be operating properly as required under the law or whether the plan should be audited.

US Code: 26 USC 6058 Name of Law: Information required in connection with certain plans of deferred compensation
   PL: Pub.L. 109 - 280 1 Name of Law: The Pension Protection Act of 2006 (PPA)
   PL: Pub.L. 111 - 192 201 Name of Law: Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010

Not associated with rulemaking

  85 FR 55936 09/10/2020
86 FR 704 01/06/2021

  Total Request 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 937,497 929,000 0 0 8,497 0
Annual Time Burden (Hours) 939,700 934,830 0 0 4,870 0
Annual Cost Burden (Dollars) 143,059,000 140,563,487 0 0 2,495,513 0
The number of filings increased. The effect of the increase in the number of filings creates an increase in the hour burden and a increase in the cost burden.

Leslie Larson 202 317-8691


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.

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