Annual Financial and Actuarial Information Reporting (29 CFR Part 4010)

Forms and Documents

Document Name	Status
Annual Financial and Actuarial Information Reporting (29 CFR Part 4010) Form and Instruction	Modified
justification.4010PRA.d2.dcm.doc Justification for No Material/Nonsubstantive Change	2007-11-27
TechUpdate v2 d27.doc Supplementary Document	2007-11-19

IC Document Collections

IC ID	Document Title	Status
13583	Annual Financial and Actuarial Information Reporting (29 CFR Part 4010) Form and Instruction	Modified

ICR Details

OMB Control No: 1212-0049	ICR Reference No: 200711-1212-006
Status: Historical Active	Previous ICR Reference No: 200503-1212-001
Agency/Subagency: PBGC	Agency Tracking No:
Title: Annual Financial and Actuarial Information Reporting (29 CFR Part 4010)
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: 11/28/2007
	Date Received in OIRA: 11/19/2007
Terms of Clearance: The Technical Update included in this 83-C request updates the instructions associated with this information collection.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/29/2008	02/29/2008	02/29/2008
Responses	400	0	400
Time Burden (Hours)	3,480	0	3,480
Cost Burden (Dollars)	5,500,000	0	5,500,000

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Abstract: Controlled groups that sponsor pension plans that are severely underfunded mustr report certain financial and actuarial information annually. The PBGC uses this information to detect and monitor financial problems with the controlled groups and to respond quickly when it learns that a controlled group intends to engage in a transaction that may reduce the assets available to pay plan liabilities. The final rule requires electronic filing and requires the filing of certain additional items of information that are readily available to the filer.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Annual Financial and Actuarial Information Reporting (29 CFR Part 4010)	NA, NA	4010 screen shots ,   4010

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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	400	400	0	0	0	0
Annual Time Burden (Hours)	3,480	3,480	0	0	0	0
Annual Cost Burden (Dollars)	5,500,000	5,500,000	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:

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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: 11/19/2007

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