Approved through January 31, 1991. In its next submission, the Department should submit a full justification of the practical utility of the data element, "date of business incorporation." Also, the Paperwork Act Notice in this collection, as in all other collections, should be corrected to ask that comments be sent to both OMB and IRS. Effective March 28, 1990 - Approved - You may omit printing the expiration date on this form. Also, you may continue to use previous version of this form.
Inventory as of this Action
Requested
Previously Approved
01/31/1991
01/31/1991
01/31/1992
52,000
0
52,000
629,720
0
419,396
0
0
0
THIS FORM IS USED IN CONJUNCTION WITH FORMS 5300, 5301, AND 5307 WHEN APPLYING TO IRS FOR A DETERMINATION LETTER STATING THE PENSION OR PROFIT-SHARING PLAN OF THE EMPLOYER MEETS THE REQUIREMENTS OF SECTION 401(A) OF THE IRC. THE DATA SUBMITTED ALLOWS THE IRS TO DETERMINE THAT THE PLAN DOES NOT DISCRIMINATE IN FAVOR OF THE PROHIBITED GROUP.
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.