80_FR_17140 80 FR 17079 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Employee Retirement Income Security Act Section 408(b)(2) Regulation

80 FR 17079 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Employee Retirement Income Security Act Section 408(b)(2) Regulation

DEPARTMENT OF LABOR
Office of the Secretary

Federal Register Volume 80, Issue 61 (March 31, 2015)

Page Range17079-17080
FR Document2015-07279

On March 31, 2015, the Department of Labor (DOL) will submit the Employee Benefits Security Administration (EBSA) sponsored information collection request (ICR) titled, ``Employee Retirement Income Security Act Section 408(b)(2) Regulation,'' to the Office of Management and Budget (OMB) for review and approval for continued use, without change, in accordance with the Paperwork Reduction Act of 1995 (PRA), 44 U.S.C. 3501 et seq. Public comments on the ICR are invited.

Federal Register, Volume 80 Issue 61 (Tuesday, March 31, 2015)
[Federal Register Volume 80, Number 61 (Tuesday, March 31, 2015)]
[Notices]
[Pages 17079-17080]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-07279]


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DEPARTMENT OF LABOR

Office of the Secretary


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Employee Retirement Income Security Act 
Section 408(b)(2) Regulation

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: On March 31, 2015, the Department of Labor (DOL) will submit 
the Employee Benefits Security Administration (EBSA) sponsored 
information collection request (ICR) titled, ``Employee Retirement 
Income Security Act Section 408(b)(2) Regulation,'' to the Office of 
Management and Budget (OMB) for review and approval for continued use, 
without change, in accordance with the Paperwork Reduction Act of 1995 
(PRA), 44 U.S.C. 3501 et seq. Public comments on the ICR are invited.

DATES: The OMB will consider all written comments that agency receives 
on or before April 30, 2015.

ADDRESSES: A copy of this ICR with applicable supporting documentation; 
including a description of the likely respondents, proposed frequency 
of response, and estimated total burden may be obtained free of charge 
from the RegInfo.gov Web site at http://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=201503-1210-002 (this link will only become active 
on April 1, 2015) or by contacting Michel Smyth by telephone at 202-
693-4129, TTY 202-693-8064, (these are not toll-free numbers) or by 
email at [email protected].
    Submit comments about this request by mail or courier to the Office 
of Information and Regulatory Affairs, Attn: OMB Desk Officer for DOL-
EBSA, Office of Management and Budget, Room 10235, 725 17th Street NW., 
Washington, DC 20503; by Fax: 202-395-5806 (this is not a toll-free 
number); or by email: [email protected]. Commenters are 
encouraged, but not required, to send a courtesy copy of any comments 
by mail or courier to the U.S. Department of Labor-OASAM, Office of the 
Chief Information Officer, Attn: Departmental Information Compliance 
Management Program, Room N1301, 200 Constitution Avenue NW., 
Washington, DC 20210; or by email: [email protected].
    For Further Information: Contact Michel Smyth by telephone at 202-
693-4129, TTY 202-693-8064, (these are not toll-free numbers) or by 
email at [email protected].

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

SUPPLEMENTARY INFORMATION: This ICR seeks to extend PRA authority for 
the Employee Retirement Income Security Act (ERISA) section 408(b)(2) 
regulation information collection requirements codified in regulations 
29 CFR 2550.408(b)(-2(c) that require certain retirement plan service 
providers to disclose information about their compensation and 
potential conflicts of interest to responsible plan fiduciaries. These 
disclosure requirements provide guidance for compliance with a 
statutory exemption from ERISA prohibited transaction provisions. 
Failing to satisfy the 408(b)(2) regulation disclosure requirements may 
result in provision of services prohibited by ERISA section 
406(a)(1)(C), with consequences for both the responsible plan fiduciary 
and the covered service provider. ERISA section 408(b)(2) authorizes 
this information collection. See 29 U.S.C. 1108(b)(2).
    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 it is approved by the OMB under the PRA 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 Control Number. See 5 CFR 1320.5(a) and 
1320.6. The DOL obtains OMB approval for this information collection 
under Control Number 1210-0133.
    OMB authorization for an ICR cannot be for more than three (3) 
years without renewal, and the current approval for this collection is 
scheduled to expire on March 31, 2015. The DOL seeks to extend PRA 
authorization for this information collection for three (3) more years, 
without any change to existing requirements. The DOL notes that 
existing information collection requirements submitted to the OMB 
receive a month-to-month extension while they undergo review. For 
additional substantive information about this ICR, see the related 
notice published in the Federal Register on October 15, 2014 (79 FR 
61903).
    Interested parties are encouraged to send comments to the OMB, 
Office of Information and Regulatory Affairs at the address shown in 
the ADDRESSES section by April 30, 2015. In order to help ensure 
appropriate consideration, comments should mention OMB Control Number 
1210-0133. The OMB is particularly interested in comments that:
     Evaluate whether the proposed collection of information is 
necessary for the proper performance of the functions of the agency, 
including whether the information will have practical utility;
     Evaluate the accuracy of the agency's estimate of the 
burden of the proposed collection of information, including the 
validity of the methodology and assumptions used;
     Enhance the quality, utility, and clarity of the 
information to be collected; and

[[Page 17080]]

     Minimize the burden of the collection of information on 
those who are to respond, including through the use of appropriate 
automated, electronic, mechanical, or other technological collection 
techniques or other forms of information technology, e.g., permitting 
electronic submission of responses.
    Agency: DOL-EBSA.
    Title of Collection: Employee Retirement Income Security Act 
Section 408(b)(2) Regulation.
    OMB Control Number: 1210-0133.
    Affected Public: Private Sector--businesses and other for profits.
    Total Estimated Number of Respondents: 51,000.
    Total Estimated Number of Responses: 1,472,000.
    Total Estimated Annual Time Burden: 1,040,000 hours.
    Total Estimated Annual Other Costs Burden: $1,336,000.

    Dated: March 25, 2015.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2015-07279 Filed 3-30-15; 8:45 am]
BILLING CODE 4510-29-P



                                                                                  Federal Register / Vol. 80, No. 61 / Tuesday, March 31, 2015 / Notices                                             17079

                                                    Information and Regulatory Affairs at                   information collection request (ICR)                  prohibited transaction provisions.
                                                    the address shown in the ADDRESSES                      titled, ‘‘Employee Retirement Income                  Failing to satisfy the 408(b)(2) regulation
                                                    section within thirty (30) days of                      Security Act Section 408(b)(2)                        disclosure requirements may result in
                                                    publication of this notice in the Federal               Regulation,’’ to the Office of                        provision of services prohibited by
                                                    Register. In order to help ensure                       Management and Budget (OMB) for                       ERISA section 406(a)(1)(C), with
                                                    appropriate consideration, comments                     review and approval for continued use,                consequences for both the responsible
                                                    should mention OMB Control Number                       without change, in accordance with the                plan fiduciary and the covered service
                                                    1220–0157. The OMB is particularly                      Paperwork Reduction Act of 1995                       provider. ERISA section 408(b)(2)
                                                    interested in comments that:                            (PRA), 44 U.S.C. 3501 et seq. Public                  authorizes this information collection.
                                                      • Evaluate whether the proposed                       comments on the ICR are invited.                      See 29 U.S.C. 1108(b)(2).
                                                    collection of information is necessary                  DATES: The OMB will consider all                        This information collection is subject
                                                    for the proper performance of the                       written comments that agency receives                 to the PRA. A Federal agency generally
                                                    functions of the agency, including                      on or before April 30, 2015.                          cannot conduct or sponsor a collection
                                                    whether the information will have                       ADDRESSES: A copy of this ICR with                    of information, and the public is
                                                    practical utility;                                      applicable supporting documentation;                  generally not required to respond to an
                                                      • Evaluate the accuracy of the                        including a description of the likely                 information collection, unless it is
                                                    agency’s estimate of the burden of the                  respondents, proposed frequency of                    approved by the OMB under the PRA
                                                    proposed collection of information,                     response, and estimated total burden                  and displays a currently valid OMB
                                                    including the validity of the                           may be obtained free of charge from the               Control Number. In addition,
                                                    methodology and assumptions used;                       RegInfo.gov Web site at http://                       notwithstanding any other provisions of
                                                      • Enhance the quality, utility, and                   www.reginfo.gov/public/do/PRAView                     law, no person shall generally be subject
                                                    clarity of the information to be                        ICR?ref_nbr=201503-1210-002 (this link                to penalty for failing to comply with a
                                                    collected; and                                          will only become active on April 1,                   collection of information that does not
                                                      • Minimize the burden of the                          2015) or by contacting Michel Smyth by                display a valid Control Number. See 5
                                                    collection of information on those who                  telephone at 202–693–4129, TTY 202–                   CFR 1320.5(a) and 1320.6. The DOL
                                                    are to respond, including through the                   693–8064, (these are not toll-free                    obtains OMB approval for this
                                                    use of appropriate automated,                           numbers) or by email at DOL_PRA_                      information collection under Control
                                                    electronic, mechanical, or other                        PUBLIC@dol.gov.                                       Number 1210–0133.
                                                    technological collection techniques or                     Submit comments about this request                   OMB authorization for an ICR cannot
                                                    other forms of information technology,                  by mail or courier to the Office of                   be for more than three (3) years without
                                                    e.g., permitting electronic submission of               Information and Regulatory Affairs,                   renewal, and the current approval for
                                                    responses.                                              Attn: OMB Desk Officer for DOL–EBSA,                  this collection is scheduled to expire on
                                                      Agency: DOL–BLS.                                      Office of Management and Budget,                      March 31, 2015. The DOL seeks to
                                                      Title of Collection: National                         Room 10235, 725 17th Street NW.,                      extend PRA authorization for this
                                                    Longitudinal Survey of Youth 1997.                      Washington, DC 20503; by Fax: 202–                    information collection for three (3) more
                                                      OMB Control Number: 1220–0157.                        395–5806 (this is not a toll-free                     years, without any change to existing
                                                      Affected Public: Individuals or                       number); or by email: OIRA_                           requirements. The DOL notes that
                                                    Households.                                             submission@omb.eop.gov. Commenters                    existing information collection
                                                      Total Estimated Number of                             are encouraged, but not required, to                  requirements submitted to the OMB
                                                    Respondents: 7,400.                                     send a courtesy copy of any comments                  receive a month-to-month extension
                                                      Total Estimated Number of                             by mail or courier to the U.S.                        while they undergo review. For
                                                    Responses: 8,694                                        Department of Labor-OASAM, Office of                  additional substantive information
                                                      Total Estimated Annual Time Burden:                   the Chief Information Officer, Attn:                  about this ICR, see the related notice
                                                    7,682 hours.                                            Departmental Information Compliance                   published in the Federal Register on
                                                      Total Estimated Annual Other Costs                    Management Program, Room N1301,                       October 15, 2014 (79 FR 61903).
                                                    Burden: $0.                                             200 Constitution Avenue NW.,                            Interested parties are encouraged to
                                                                                                            Washington, DC 20210; or by email:                    send comments to the OMB, Office of
                                                      Dated: March 25, 2015.
                                                                                                            DOL_PRA_PUBLIC@dol.gov.                               Information and Regulatory Affairs at
                                                    Michel Smyth,
                                                                                                               For Further Information: Contact                   the address shown in the ADDRESSES
                                                    Departmental Clearance Officer.                                                                               section by April 30, 2015. In order to
                                                    [FR Doc. 2015–07297 Filed 3–30–15; 8:45 am]
                                                                                                            Michel Smyth by telephone at 202–693–
                                                                                                            4129, TTY 202–693–8064, (these are not                help ensure appropriate consideration,
                                                    BILLING CODE 4510–24–P
                                                                                                            toll-free numbers) or by email at DOL_                comments should mention OMB Control
                                                                                                            PRA_PUBLIC@dol.gov.                                   Number 1210–0133. The OMB is
                                                                                                                                                                  particularly interested in comments
                                                    DEPARTMENT OF LABOR                                       Authority: 44 U.S.C. 3507(a)(1)(D).                 that:
                                                                                                            SUPPLEMENTARY INFORMATION:     This ICR                 • Evaluate whether the proposed
                                                    Office of the Secretary                                 seeks to extend PRA authority for the                 collection of information is necessary
                                                                                                            Employee Retirement Income Security                   for the proper performance of the
                                                    Agency Information Collection
                                                                                                            Act (ERISA) section 408(b)(2) regulation              functions of the agency, including
                                                    Activities; Submission for OMB
                                                                                                            information collection requirements                   whether the information will have
                                                    Review; Comment Request; Employee
                                                                                                            codified in regulations 29 CFR
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                                                    Retirement Income Security Act                                                                                practical utility;
                                                                                                            2550.408(b)(-2(c) that require certain                  • Evaluate the accuracy of the
                                                    Section 408(b)(2) Regulation
                                                                                                            retirement plan service providers to                  agency’s estimate of the burden of the
                                                    ACTION:   Notice.                                       disclose information about their                      proposed collection of information,
                                                                                                            compensation and potential conflicts of               including the validity of the
                                                    SUMMARY: On March 31, 2015, the                         interest to responsible plan fiduciaries.             methodology and assumptions used;
                                                    Department of Labor (DOL) will submit                   These disclosure requirements provide                   • Enhance the quality, utility, and
                                                    the Employee Benefits Security                          guidance for compliance with a                        clarity of the information to be
                                                    Administration (EBSA) sponsored                         statutory exemption from ERISA                        collected; and


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                                                    17080                         Federal Register / Vol. 80, No. 61 / Tuesday, March 31, 2015 / Notices

                                                      • Minimize the burden of the                          the law justified reconsideration of the              $1,360,000 each to serve male and
                                                    collection of information on those who                  decision.                                             female ex-offenders, referred to in the
                                                    are to respond, including through the                      The initial investigation resulted in a            FOA as returning citizens.
                                                    use of appropriate automated,                           negative determination based on the                      This FOA provides the opportunity
                                                    electronic, mechanical, or other                        findings that worker separations at Levi              for organizations to develop and
                                                    technological collection techniques or                  Strauss & Co., Eugene, Oregon are not                 implement career pathways programs in
                                                    other forms of information technology,                  attributable to increased imports of                  demand sectors and occupations for
                                                    e.g., permitting electronic submission of               articles or a shift in production of                  men and women, including veterans,
                                                    responses.                                              articles to a foreign country.                        and people with disabilities, who are at
                                                      Agency: DOL–EBSA.                                        The request for reconsideration                    least 18 years old and who are enrolled
                                                      Title of Collection: Employee                         asserts that although the workers are                 in work release programs. The purpose
                                                    Retirement Income Security Act Section                  engaged in service-related activities, the            of this program is to assist returning
                                                    408(b)(2) Regulation.                                   workers perform production forecasting                citizens transition back into their
                                                      OMB Control Number: 1210–0133.                        activities and order management                       communities by gaining industry-
                                                      Affected Public: Private Sector—                      support of Levi Strauss’ production of                recognized credentials and securing
                                                    businesses and other for profits.                       clothing and apparel. The                             employment.
                                                      Total Estimated Number of                             reconsideration application concludes                    The complete FOA and any
                                                    Respondents: 51,000.                                    that both activities drive production and             subsequent FOA amendments in
                                                      Total Estimated Number of                             has been shifted to a foreign country.                connection with this solicitation are
                                                    Responses: 1,472,000.                                      The Department of Labor has carefully              described in further detail on ETA’s
                                                      Total Estimated Annual Time Burden:                   reviewed the request for reconsideration              Web site at http://www.doleta.gov/
                                                    1,040,000 hours.                                        and the existing record, and has                      grants/ or on http://www.grants.gov. The
                                                      Total Estimated Annual Other Costs                                                                          Web sites provide application
                                                                                                            determined that the Department will
                                                    Burden: $1,336,000.                                                                                           information, eligibility requirements,
                                                                                                            conduct further investigation to
                                                      Dated: March 25, 2015.                                determine if the workers meet the                     review and selection procedures, and
                                                    Michel Smyth,                                           eligibility requirements of the Trade Act             other program requirements governing
                                                    Departmental Clearance Officer.                         of 1974.                                              this solicitation.
                                                    [FR Doc. 2015–07279 Filed 3–30–15; 8:45 am]                                                                   DATES: The closing date for receipt of
                                                                                                            Conclusion
                                                    BILLING CODE 4510–29–P                                                                                        applications under this announcement
                                                                                                              After careful review of the                         is May 1, 2015. Applications must be
                                                                                                            application, I conclude that the claim is             received no later than 4:00:00 p.m.
                                                    DEPARTMENT OF LABOR                                     of sufficient weight to justify                       Eastern Time.
                                                                                                            reconsideration of the U.S. Department
                                                                                                                                                                  FOR FURTHER INFORMATION CONTACT:
                                                    Employment and Training                                 of Labor’s prior decision. The
                                                                                                                                                                  Brinda Ruggles, 200 Constitution
                                                    Administration                                          application is, therefore, granted.
                                                                                                                                                                  Avenue NW., Room N–4716,
                                                    [TA–W–85,674]                                             Signed at Washington, DC, this 10th day of          Washington, DC 20210; Telephone:
                                                                                                            March 2015.                                           202–693–3437.
                                                    Levi Strauss & Co., Eugene, Oregon;                     Michael W. Jaffe,                                        The Grant Officer for this FOA is
                                                    Notice of Affirmative Determination                     Certifying Officer, Office of Trade Adjustment        Melissa Abdullah.
                                                    Regarding Application for                               Assistance.                                             Signed March 24, 2015 in Washington, DC.
                                                    Reconsideration                                         [FR Doc. 2015–07237 Filed 3–30–15; 8:45 am]           Eric D. Luetkenhaus,
                                                       By application dated on February 6,                  BILLING CODE 4510–FN–P
                                                                                                                                                                  Grant Officer/Division Chief, Employment
                                                    2015, a state workforce official                                                                              and Training Administration.
                                                    requested administrative                                                                                      [FR Doc. 2015–07236 Filed 3–30–15; 8:45 am]
                                                    reconsideration of the negative                         DEPARTMENT OF LABOR
                                                                                                                                                                  BILLING CODE 4510–FN–P
                                                    determination regarding workers’                        Employment and Training
                                                    eligibility to apply for worker                         Administration
                                                    adjustment assistance applicable to                                                                           NATIONAL SCIENCE FOUNDATION
                                                    workers and former workers of Levi                      Notice of Availability of Funds and
                                                    Strauss & Company, Eugene, Oregon.                      Funding Opportunity Announcement                      Sunshine Act Meetings; National
                                                    The determination was issued on                         for Training To Work 3—Adult Reentry                  Science Board
                                                    January 14, 2015 and the Notice of
                                                                                                            AGENCY:  Employment and Training                         The National Science Board’s
                                                    Determination was published in the
                                                                                                            Administration, Labor.                                Committee on Programs and Plans (CPP)
                                                    Federal Register on February 18, 2015
                                                                                                            ACTION: Funding Opportunity
                                                                                                                                                                  and Subcommittee on Facilities (SCF),
                                                    (80 FR 8692).
                                                       Pursuant to 29 CFR 90.18(c)                          Announcement (FOA).                                   pursuant to NSF regulations (45 CFR
                                                    reconsideration may be granted under                                                                          part 614), the National Science
                                                    the following circumstances:                              Funding Opportunity Number: FOA–                    Foundation Act, as amended (42 U.S.C.
                                                       (1) If it appears on the basis of facts              ETA–15–07.                                            1862n–5), and the Government in the
                                                                                                            SUMMARY: The Employment and                           Sunshine Act (5 U.S.C. 552b), hereby
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                                                    not previously considered that the
                                                    determination complained of was                         Training Administration (ETA), U.S.                   gives notice of the scheduling of a
                                                    erroneous;                                              Department of Labor, announces the                    teleconference for the transaction of
                                                       (2) If it appears that the determination             availability of approximately $27                     National Science Board business, as
                                                    complained of was based on a mistake                    million in grant funds authorized by the              follows:
                                                    in the determination of facts not                       Workforce Investment Act and the                      DATE AND TIME: Friday, April 3, 2015 at
                                                    previously considered; or                               Second Chance Act of 2007 for Training                1 p.m. EDT.
                                                       (3) If in the opinion of the Certifying              to Work 3—Adult Reentry. ETA plans to                 SUBJECT MATTER: Chairmen’s remarks
                                                    Officer, a misinterpretation of facts or of             award approximately 20 grants of up to                and discussion of NSF’s draft response


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Document Created: 2015-12-18 11:48:31
Document Modified: 2015-12-18 11:48:31
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice.
DatesThe OMB will consider all written comments that agency receives on or before April 30, 2015.
FR Citation80 FR 17079 

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