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View ICR - OIRA Conclusion

OMB Control No: 1210-0098	ICR Reference No: 202309-1210-002
Status: Active	Previous ICR Reference No: 202007-1210-001
Agency/Subagency: DOL/EBSA	Agency Tracking No:
Title: Process for Expedited Approval of an Exemption for Prohibited Transaction, Prohibited Transaction Class Exemption 1996-62
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: 02/06/2024
	Date Received in OIRA: 12/26/2023
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2027	36 Months From Approved	02/29/2024
Responses	711	0	3,507
Time Burden (Hours)	55	0	88
Cost Burden (Dollars)	29	0	30,156

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	711	3,507	-2,796
Annual Time Burden (Hours)	55	88	-33
Annual Cost Burden (Dollars)	29	30,156	-30,127

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 updated the number of exemption requests received and the number of plans that received final authorizations. Thus, the average number of responses decreased by 2,796 responses, the hour burden decreased by 33 hours, and the cost burden has decreased by $30,127. In addition, the hourly wage rates have increased.

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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