Missing participants

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form MP-100 Template Missing Participants	Form	Modified	Repair queued
2023 Supporting Statement MPP.04.docx	Supporting Statement A	Uploaded 2023-10-16	Available
MP-200 instructions Justification statement.d2.docx	Justification for No Material/Nonsubstantive Change	Uploaded 2022-12-07	Repair queued
MP-100 Justification.d1.docx	Justification for No Material/Nonsubstantive Change	Uploaded 2020-02-03	Repair queued

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
244780	Missing Participants	Form	Modified

ICR Details

OMB Control No: 1212-0069	ICR Reference No: 202310-1212-001
Status: Received in OIRA	Previous ICR Reference No: 202212-1212-001
Agency/Subagency: PBGC	Agency Tracking No:
Title: Missing participants
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 10/20/2023

table that charts list comparision

	Requested	Previously Approved
Expiration Date	36 Months From Approved	01/31/2024
Responses	345	226
Time Burden (Hours)	70	646
Cost Burden (Dollars)	497,835	115,418

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Abstract: The missing participants program is a program to hold retirement benefits for missing participants and beneficiaries in terminated retirement plans and help them find and receive the benefits being held for them. The program covers single-employer defined benefit plans covered by title IV of ERISA; defined contribution plans; certain small plans of professional service employers; and multiemployer plans covered by title IV.

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Authorizing Statute(s): US Code: 29 USC 1350 Name of Law: ERISA
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	88 FR 42758	07/03/2023
30-day Notice:	Federal Register Citation:	Citation Date:
	88 FR 72540	10/20/2023
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

table that charts list of burden

IC Title	Form No.	Form Name
Missing Participants	MP-100, MP-200, MP-400, MP-300, MP-400 Template, MP-100 Template, MP-200 Template, MP-300 Template	MP-100 Template ,   MP-200 Template ,   MP-300 Template ,   MP-400 Template ,   Form MP-100 and Schedules A and B - Single-Employer Defined Benefit Plans Insured by PBGC ,   Form MP-200 and Schedules A and B for Defined Contribution Plans ,   Form MP-300 and Schedules A and B for Small Professional Service Defined Benefit Plans ,   Form MP-400 and Schedules A and B for Multiemployer Defined Benefit Plans Insured by PBGC

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ICR Summary of Burden

table that charts list of burden

	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	345	226	0	0	119	0
Annual Time Burden (Hours)	70	646	0	0	-576	0
Annual Cost Burden (Dollars)	497,835	115,418	0	0	382,417	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 10/20/2023

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