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View ICR - OIRA Conclusion

OMB Control No: 1210-0063	ICR Reference No: 202301-1210-001
Status: Active	Previous ICR Reference No: 202002-1210-002
Agency/Subagency: DOL/EBSA	Agency Tracking No:
Title: Prohibited Transaction Class Exemption 1992-6: Sale of Individual Life Insurance or Annuity Contracts by an Employee Benefit Plan
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: 05/30/2023
	Date Received in OIRA: 04/17/2023
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	05/31/2026	36 Months From Approved	06/30/2023
Responses	11,401	0	10,853
Time Burden (Hours)	2,280	0	2,171
Cost Burden (Dollars)	7,753	0	6,512

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	11,401	10,853	548
Annual Time Burden (Hours)	2,280	2,171	109
Annual Cost Burden (Dollars)	7,753	6,512	1,241

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: There have been no program changes for this submission. The number of respondents and responses has been updated to reflect information from the 2020 Plan Year, as reported on the Form 5500. The number of responses has increased by 548 responses and the hour burden has increased by 109 hours. Wages have also been updated. Postage rates, used as an input for the cost burden, have been updated to reflect current prices. The cost burden has increased by $1,241.

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. 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? No

Agency Contact: James Butikofer 202 693-8434 Butikofer.James@dol.gov

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