[Federal Register Volume 89, Number 190 (Tuesday, October 1, 2024)]
[Notices]
[Page 79963]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-22430]


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DEPARTMENT OF LABOR


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Registration for EFAST-2 Credentials

ACTION: Notice of availability; request for comments.

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SUMMARY: The Department of Labor (DOL) is submitting this Employee 
Benefits Security Administration (EBSA)-sponsored 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 the agency 
receives on or before October 31, 2024.

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.

FOR FURTHER INFORMATION CONTACT: Michael Howell by telephone at 202-
693-6782, or by email at <a href="/cdn-cgi/l/email-protection#30747f7c6f6062716f6065727c797370545f5c1e575f46"><span class="__cf_email__" data-cfemail="92d6dddecdc2c0d3cdc2c7d0dedbd1d2f6fdfebcf5fde4">[email protected]</span></a>.

SUPPLEMENTARY INFORMATION: The Employee Retirement Income Security Act 
of 1974 (ERISA) section 104 requires administrators of employee 
benefits plans (pension and welfare plans) and employers sponsoring 
certain fringe benefit plans and other plans of deferred compensation 
to file returns/reports annually with the Secretary of Labor concerning 
the financial condition and operation of plans. Reporting requirements 
are satisfied by filing the Form 5500 in accordance with its 
instructions and the related regulations. Form 5500 filings are 
processed under the ERISA Filing Acceptance System 2 (EFAST-2), which 
is designed to simplify and expedite the receipt and processing of the 
Form 5500 by relying on internet-based forms and electronic filing 
technologies.
    In order to file electronically, employee benefit plan Filing 
authors, Schedule authors, Filing signers, Form 5500 transmitters, and 
entities developing software to complete and/or transmit the Form 5500 
are required to register for EFAST-2 credentials through the EFAST2 
website. The information requested for registration includes: Applicant 
type (Filing Author, Filing Signer, Schedule Author, Transmitter, or 
software developer); mailing address; fax number (optional); email 
address; company name, contact person; and daytime telephone number. 
Registrants must also provide an answer to a challenge question (``What 
is your date of birth?'' or ``Where is your place of birth?''), which 
enables users to retrieve forgotten credentials. In addition, 
registrants must accept a Privacy Agreement; PIN Agreement; and, under 
penalty of perjury, a Signature Agreement. For additional substantive 
information about this ICR, see the related notice published in the 
Federal Register on February 5, 2024 (89 FR 7732).
    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) 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; (3) ways to enhance the quality, 
utility and clarity of the information collection; and (4) 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.
    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: Registration for EFAST-2 Credentials.
    OMB Control Number: 1210-0117.
    Affected Public: Private sector, Business or other for profits.
    Total Estimated Number of Respondents: 91,723.
    Total Estimated Number of Responses: 91,723.
    Total Estimated Annual Time Burden: 30,574 hours.
    Total Estimated Annual Other Costs Burden: $0.

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

Michael Howell,
Senior Paperwork Reduction Act Analyst.
[FR Doc. 2024-22430 Filed 9-30-24; 8:45 am]
BILLING CODE 4510-29-P


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