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.
In the final rule published on August 15, 2025, PBGC made changes to the forms and instructions related to the Missing Participants Program. However, the changes to these materials do not create any additional burden. For calendar years 2026-2028, PBGC determined that there will be a decrease in the expected number of total Missing Participants Program filings from 345 to 340. The decrease in the expected number of filings results in a decrease in the estimated total annual hour burden from 70 to 68 hours and a decrease in the estimated total annual cost burden from $497,835 to $490,620.
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.
Missing Participants