Federal Register / Vol. 86, No. 22 / Thursday, February 4, 2021 / Notices 8221 

including whether the information will 

have practical utility; (2) if the 

information will be processed and used 

in a timely manner; (3) the accuracy of 

the agency’s estimates of the burden and 

cost of the collection of information, 

including the validity of the 

methodology and assumptions used; (4) 

ways to enhance the quality, utility and 

clarity of the information collection; and 

(5) ways to minimize the burden of the 

collection of information on those who 

are to respond, including the use of 

automated collection techniques or 

other forms of information technology. 

FOR FURTHER INFORMATION CONTACT: 

Mara Blumenthal by telephone at 202– 

693–8538, or by email at DOL_PRA_

PUBLIC@dol.gov. 

SUPPLEMENTARY INFORMATION: Section 

110 of ERISA (29 U.S.C. 1030) 

authorizes the Secretary of Labor to 

prescribe alternative methods of 

compliance with the reporting and 

disclosure requirements of Title I of the 

Employee Retirement Income Security 

Act of 1974 (ERISA) for pension plans. 

Simplified Employee Pensions (SEPs) 

are established by section 408(k) of the 

Internal Revenue Code of 1986 (the 

Code). Although SEPs are primarily a 

development of the Code subject to its 

requirements, SEPs are also pension 

plans subject to the reporting and 

disclosure requirements of Title I of 

ERISA. The disclosure requirements set 

forth in the regulation ensure that 

administrators of non-model SEPs 

provide participants with specific 

written information concerning SEPs. 

This ICR generally requires timely 

written disclosure to employees eligible 

to participate in non-model SEPs, 

including specific information 

concerning: Participation requirements; 

allocation formulas for employer 

contributions; designated contact 

persons for further information; and, for 

employer recommended IRAs, specific 

terms of the IRAs such as rates of return 

and any restrictions on withdrawals. For 

additional substantive information 

about this ICR, see the related notice 

published in the Federal Register on 

October 20, 2020 (85 FR 66580). 

This information collection is subject 

to the PRA. A Federal agency generally 

cannot conduct or sponsor a collection 

of information, and the public is 

generally not required to respond to an 

information collection, unless the OMB 

approves it and displays a currently 

valid OMB Control Number. In addition, 

notwithstanding any other provisions of 

law, no person shall generally be subject 

to penalty for failing to comply with a 

collection of information that does not 

display a valid OMB Control Number. 

See 5 CFR 1320.5(a) and 1320.6. 

DOL seeks PRA authorization for this 

information collection for three (3) 

years. OMB authorization for an ICR 

cannot be for more than three (3) years 

without renewal. The DOL notes that 

information collection requirements 

submitted to the OMB for existing ICRs 

receive a month-to-month extension 

while they undergo review. 

Agency: DOL–EBSA. 

Title of Collection: Alternative 

Method of Compliance for Certain 

Simplified Employee Pensions. 

OMB Control Number: 1210–0034. 

Affected Public: Private Sector— 

Businesses or other for-profits. 

Total Estimated Number of 

Respondents: 35,660. 

Total Estimated Number of 

Responses: 67,930. 

Total Estimated Annual Time Burden: 

21,227 hours. 

Total Estimated Annual Other Costs 

Burden: $3,223. 

Authority: 44 U.S.C. 3507(a)(1)(D). 

Dated: January 28, 2021. 

Mara Blumenthal, 

Senior PRA Analyst. 

[FR Doc. 2021–02325 Filed 2–3–21; 8:45 am] 

BILLING CODE 4510–29–P 

DEPARTMENT OF LABOR 

Agency Information Collection 

Activities; Submission for OMB 

Review; Comment Request; Employee 

Retirement Income Security Act of 

1974 Prohibited Transaction 

Provisions Exemption Application 

Procedure 

ACTION: Notice of availability; request 

for comments. 

SUMMARY: The Department of Labor 

(DOL) is submitting this EBSAsponsored information collection 

request (ICR) to the Office of 

Management and Budget (OMB) for 

review and approval in accordance with 

the Paperwork Reduction Act of 1995 

(PRA). Public comments on the ICR are 

invited. 

DATES: The OMB will consider all 

written comments that agency receives 

on or before March 8, 2021. 

ADDRESSES: Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to www.reginfo.gov/public/do/ 

PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

Comments are invited on: (1) Whether 

the collection of information is 

necessary for the proper performance of 

the functions of the Department, 

including whether the information will 

have practical utility; (2) if the 

information will be processed and used 

in a timely manner; (3) the accuracy of 

the agency’s estimates of the burden and 

cost of the collection of information, 

including the validity of the 

methodology and assumptions used; (4) 

ways to enhance the quality, utility and 

clarity of the information collection; and 

(5) ways to minimize the burden of the 

collection of information on those who 

are to respond, including the use of 

automated collection techniques or 

other forms of information technology. 

FOR FURTHER INFORMATION CONTACT: 

Mara Blumenthal by telephone at 202– 

693–8538, or by email at DOL_PRA_

PUBLIC@dol.gov. 

SUPPLEMENTARY INFORMATION: This 

information collection relates to the 

Department’s regulation governing the 

procedure for filing and processing of 

applications for administrative 

exemptions from the prohibited 

transaction provisions of the Employee 

Retirement Income Security Act of 1974 

(ERISA), the Internal Revenue Code of 

1986 (the Code), and the Federal 

Employees’ Retirement System Act of 

1986 (FERSA). The regulation contains 

the following collections of information: 

(1) An applicant for an exemption must 

disclose information regarding the 

application and certify that the 

information is necessary in order for the 

Department to make an informed 

determination regarding the application 

and (2) the applicant must distribute a 

notice to interested parties, in which 

participants and beneficiaries are 

informed of the application for 

exemption and have an opportunity to 

respond. For additional substantive 

information about this ICR, see the 

related notice published in the Federal 

Register on October 20, 2020 (85 FR 

66580). 

This information collection is subject 

to the PRA. A Federal agency generally 

cannot conduct or sponsor a collection 

of information, and the public is 

generally not required to respond to an 

information collection, unless the OMB 

approves it and displays a currently 

valid OMB Control Number. In addition, 

notwithstanding any other provisions of 

law, no person shall generally be subject 

to penalty for failing to comply with a 

collection of information that does not 

display a valid OMB Control Number. 

See 5 CFR 1320.5(a) and 1320.6. 

DOL seeks PRA authorization for this 

information collection for three (3) 


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8222 Federal Register / Vol. 86, No. 22 / Thursday, February 4, 2021 / Notices 

years. OMB authorization for an ICR 

cannot be for more than three (3) years 

without renewal. The DOL notes that 

information collection requirements 

submitted to the OMB for existing ICRs 

receive a month-to-month extension 

while they undergo review. 

Agency: DOL–EBSA. 

Title of Collection: Employee 

Retirement Income Security Act of 1974 

Section 408(a) Prohibited Transaction 

Provisions Exemption Application 

Procedure. 

OMB Control Number: 1210–0060. 

Affected Public: Private Sector— 

Businesses or other for-profits. 

Total Estimated Number of 

Respondents: 20. 

Total Estimated Number of 

Responses: 4,899. 

Total Estimated Annual Time Burden: 

632 hours. 

Total Estimated Annual Other Costs 

Burden: $551,422. 

Authority: 44 U.S.C. 3507(a)(1)(D). 

Dated: January 28, 2021. 

Mara Blumenthal, 

Senior PRA Analyst. 

[FR Doc. 2021–02326 Filed 2–3–21; 8:45 am] 

BILLING CODE 4510–29–P 

DEPARTMENT OF LABOR 

Agency Information Collection 

Activities; Submission for OMB 

Review; Comment Request; 

Investment Advice Participants and 

Beneficiaries 

ACTION: Notice of availability; request 

for comments. 

SUMMARY: The Department of Labor 

(DOL) is submitting this EBSAsponsored information collection 

request (ICR) to the Office of 

Management and Budget (OMB) for 

review and approval in accordance with 

the Paperwork Reduction Act of 1995 

(PRA). Public comments on the ICR are 

invited. 

DATES: The OMB will consider all 

written comments that agency receives 

on or before March 8, 2021. 

ADDRESSES: Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to www.reginfo.gov/public/do/ 

PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

Comments are invited on: (1) Whether 

the collection of information is 

necessary for the proper performance of 

the functions of the Department, 

including whether the information will 

have practical utility; (2) if the 

information will be processed and used 

in a timely manner; (3) the accuracy of 

the agency’s estimates of the burden and 

cost of the collection of information, 

including the validity of the 

methodology and assumptions used; (4) 

ways to enhance the quality, utility and 

clarity of the information collection; and 

(5) ways to minimize the burden of the 

collection of information on those who 

are to respond, including the use of 

automated collection techniques or 

other forms of information technology. 

FOR FURTHER INFORMATION CONTACT: 

Mara Blumenthal by telephone at 202– 

693–8538, or by email at DOL_PRA_

PUBLIC@dol.gov. 

SUPPLEMENTARY INFORMATION: The 

Department’s rule allows financial 

services firms, such as a registered 

investment adviser, bank, or registered 

broker-dealer, to provide investment 

advice on its proprietary investment 

products or other investments that 

would result in fees or other payments 

to the firm, if the firm complies with a 

fee-leveling requirement or the advice is 

furnished using a certified computer 

model. The regulation contains the 

following collections of information: (1) 

A fiduciary adviser must furnish an 

initial disclosure that provides detailed 

information to participants about an 

advice arrangement before initially 

providing investment advice; (2) a 

fiduciary adviser must engage, at least 

annually, an independent auditor to 

conduct an audit of the investment 

advice arrangement for compliance with 

the regulation; (3) if the fiduciary 

adviser provides the investment advice 

through the use of a computer model, 

the fiduciary adviser must obtain the 

written certification of an eligible 

investment expert as to the computer 

model’s compliance with certain 

standards (e.g., applies generally 

accepted investment theories, unbiased 

operation, objective criteria) set forth in 

the regulation before providing the 

advice; and (4) fiduciary advisers must 

maintain records with respect to the 

investment advice provided in reliance 

on the regulation necessary to determine 

whether the applicable requirements of 

the regulation have been satisfied. For 

additional substantive information 

about this ICR, see the related notice 

published in the Federal Register on 

October 20, 2020 (85 FR 66580). 

This information collection is subject 

to the PRA. A Federal agency generally 

cannot conduct or sponsor a collection 

of information, and the public is 

generally not required to respond to an 

information collection, unless the OMB 

approves it and displays a currently 

valid OMB Control Number. In addition, 

notwithstanding any other provisions of 

law, no person shall generally be subject 

to penalty for failing to comply with a 

collection of information that does not 

display a valid OMB Control Number. 

See 5 CFR 1320.5(a) and 1320.6. 

DOL seeks PRA authorization for this 

information collection for three (3) 

years. OMB authorization for an ICR 

cannot be for more than three (3) years 

without renewal. The DOL notes that 

information collection requirements 

submitted to the OMB for existing ICRs 

receive a month-to-month extension 

while they undergo review. 

Agency: DOL–EBSA. 

Title of Collection: Investment Advice 

Participants and Beneficiaries. 

OMB Control Number: 1210–0134. 

Affected Public: Private Sector— 

Businesses or other for-profits. 

Total Estimated Number of 

Respondents: 11,396. 

Total Estimated Number of 

Responses: 23,033,030. 

Total Estimated Annual Time Burden: 

2,423,391 hours. 

Total Estimated Annual Other Costs 

Burden: $318,912,816. 

Authority: 44 U.S.C. 3507(a)(1)(D). 

Dated: January 28, 2021. 

Mara Blumenthal, 

Senior PRA Analyst. 

[FR Doc. 2021–02327 Filed 2–3–21; 8:45 am] 

BILLING CODE 4510–29–P 

LIBRARY OF CONGRESS 

Copyright Royalty Board 

[Docket No. 20–CRB–0008–CA (2020–2025)] 

Adjustment of Cable Statutory License 

Royalty Rates 

AGENCY: Copyright Royalty Board, 

Library of Congress. 

ACTION: Notice of proposed settlement; 

request for comments. 

SUMMARY: The Copyright Royalty Judges 

publish for comment a proposed 

settlement governing royalty rates and 

terms for the distant retransmission of 

over-the-air television and radio 

broadcast stations by cable television 

systems to their subscribers. 

DATES: Comments are due no later than 

February 25, 2021. 

ADDRESSES: You may send comments, 

identified by docket number 20–CRB– 

0008–CA, online through eCRB at 

https://app.crb.gov. 

Instructions: All submissions received 

must include the Copyright Royalty 


jbell on DSKJLSW7X2PROD with NOTICES