View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 1210-0127	ICR Reference No: 201810-1210-003
Status: Historical Active	Previous ICR Reference No: 201508-1210-002
Agency/Subagency: DOL/EBSA	Agency Tracking No:
Title: Abandoned Individual Account Plan Termination
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 04/05/2019
	Date Received in OIRA: 03/01/2019
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2022	36 Months From Approved	04/30/2019
Responses	1,014,463	0	1,308,000
Time Burden (Hours)	37,680	0	47,700
Cost Burden (Dollars)	562,225	0	689,000

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	1,014,463	1,308,000	-293,537
Annual Time Burden (Hours)	37,680	47,700	-10,020
Annual Cost Burden (Dollars)	562,225	689,000	-126,775

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: The Department has revised the ICR to account for increases in wage rates, decrease in the usage of the Abandoned Plans Program, as well as a decrease in the number of terminating plans.

Annual Cost to Federal Government: $25,215

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. No

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? Uncollected

Agency Contact: Christopher Cosby 202-693-8425 cosby.chris@dol.gov

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