View Information Collection Request (ICR) Package
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Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
1212-0069
ICR Reference No:
202407-1212-003
Status:
Historical Active
Previous ICR Reference No:
202310-1212-001
Agency/Subagency:
PBGC
Agency Tracking No:
Title:
Missing participants
Type of Information Collection:
No material or nonsubstantive change to a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved without change
Conclusion Date:
07/16/2024
Retrieve Notice of Action (NOA)
Date Received in OIRA:
07/09/2024
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
11/30/2026
11/30/2026
11/30/2026
Responses
345
0
345
Time Burden (Hours)
70
0
70
Cost Burden (Dollars)
497,835
0
497,835
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.
Authorizing Statute(s):
US Code:
29 USC 1350
Name of Law: ERISA
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
Not associated with rulemaking
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
Number of Information Collection (IC) in this ICR:
1
IC Title
Form No.
Form Name
Missing Participants
MP-200, MP-100, MP-400, MP-300, MP-100 Template, MP-200 Template, MP-300 Template, MP-400 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
ICR Summary of Burden
Total Approved
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
345
0
0
0
0
Annual Time Burden (Hours)
70
70
0
0
0
0
Annual Cost Burden (Dollars)
497,835
497,835
0
0
0
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:
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
Agency Contact:
Gregory Katz 202 326-3829 katz.gregory@pbgc.gov
Common Form ICR:
No
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:
07/09/2024
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