83 FR 8898 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Requirements of a Bona Fide Thrift or Savings Plan and Requirements of a Bona Fide Profit-Sharing Plan or Trust

DEPARTMENT OF LABOR
Office of the Secretary

Federal Register Volume 83, Issue 41 (March 1, 2018)

Page Range		8898-8898
FR Document		2018-04203

The Department of Labor (DOL) is submitting the Wage and Hour Division (WHD) sponsored information collection request (ICR) titled, ``Requirements of a Bona Fide Thrift or Savings Plan and Requirements of a Bona Fide Profit-Sharing Plan or Trust,'' 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). Public comments on the ICR are invited.

Federal Register, Volume 83 Issue 41 (Thursday, March 1, 2018)

[Federal Register Volume 83, Number 41 (Thursday, March 1, 2018)]
[Notices]
[Page 8898]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-04203]



[[Page 8898]]

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DEPARTMENT OF LABOR

Office of the Secretary


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Requirements of a Bona Fide Thrift or Savings 
Plan and Requirements of a Bona Fide Profit-Sharing Plan or Trust

AGENCY: Office of the Secretary, DOL.

ACTION: Notice of availability; request for comments.

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

SUMMARY: The Department of Labor (DOL) is submitting the Wage and Hour 
Division (WHD) sponsored information collection request (ICR) titled, 
``Requirements of a Bona Fide Thrift or Savings Plan and Requirements 
of a Bona Fide Profit-Sharing Plan or Trust,'' 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). Public comments on the ICR are invited.

DATES: The OMB will consider all written comments that agency receives 
on or before April 2, 2018.

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 website at http://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=201705-1235-001 (this link will only become active 
on the day following publication of this notice) 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 to the Office of 
Information and Regulatory Affairs, Attn: OMB Desk Officer for DOL-WHD, 
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].

SUPPLEMENTARY INFORMATION: This ICR seeks to extend PRA authority for 
the Requirements of a Bona Fide Thrift or Savings Plan and Requirements 
of a Bona Fide Profit-Sharing Plan or Trust information collection. The 
information collection requirements apply to employers claiming the 
overtime exemption available under Fair Labor Standards Act section 
7(e)(3)(b), 29 U.S.C. 207(e)(3)(b). Specifically, in calculating an 
employee's regular rate of pay, an employer need not include 
contributions made to a bona fide thrift or savings plan or a bona fide 
profit-sharing plan or trust--as defined in regulations 29 CFR parts 
547 and 549. An employer is required to communicate, or to make 
available to its employees, the terms of the bona fide thrift, savings, 
or profit-sharing plan or trust and to retain certain records. Fair 
Labor Standards Act section 11(c) authorizes this information 
collection. See 29 U.S.C. 211(c).
    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 1235-0013. For additional substantive information 
about this ICR, see the related notice published in the Federal 
Register on May 23, 2017 (82 FR 23613).
    Interested parties are encouraged to send comments to the OMB, 
Office of Information and Regulatory Affairs at the address shown in 
the ADDRESSES section within thirty (30) days of publication of this 
notice in the Federal Register. In order to help ensure appropriate 
consideration, comments should mention OMB Control Number 1235-0013. 
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
     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-WHD.
    Title of Collection: Requirements of a Bona Fide Thrift or Savings 
Plan and Requirements of a Bona Fide Profit-Sharing Plan or Trust.
    OMB Control Number: 1235-0013.
    Affected Public: Private Sector--businesses or other for-profits, 
farms, and not-for-profit institutions.
    Total Estimated Number of Respondents: 985,807.
    Total Estimated Number of Responses: 985,807.
    Total Estimated Annual Time Burden: 548 hours.
    Total Estimated Annual Other Costs Burden: $0.

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

Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2018-04203 Filed 2-28-18; 8:45 am]
 BILLING CODE 4510-27-P

8898 Federal Register / Vol. 83, No. 41 / Thursday, March 1, 2018 / Notices

DEPARTMENT OF LABOR toll-free numbers) or by email at DOL_ proposed collection of information,
PRA_PUBLIC@dol.gov. including the validity of the
Office of the Secretary SUPPLEMENTARY INFORMATION: This ICR methodology and assumptions used;
seeks to extend PRA authority for the • Enhance the quality, utility, and
Agency Information Collection clarity of the information to be
Requirements of a Bona Fide Thrift or
Activities; Submission for OMB collected; and
Savings Plan and Requirements of a
Review; Comment Request; • Minimize the burden of the
Bona Fide Profit-Sharing Plan or Trust
Requirements of a Bona Fide Thrift or collection of information on those who
information collection. The information
Savings Plan and Requirements of a are to respond, including through the
collection requirements apply to
Bona Fide Profit-Sharing Plan or Trust use of appropriate automated,
employers claiming the overtime
AGENCY: Office of the Secretary, DOL. exemption available under Fair Labor electronic, mechanical, or other
ACTION:Notice of availability; request Standards Act section 7(e)(3)(b), 29 technological collection techniques or
for comments. U.S.C. 207(e)(3)(b). Specifically, in other forms of information technology,
calculating an employee’s regular rate of e.g., permitting electronic submission of
SUMMARY: The Department of Labor pay, an employer need not include responses.
(DOL) is submitting the Wage and Hour contributions made to a bona fide thrift Agency: DOL–WHD.
Division (WHD) sponsored information or savings plan or a bona fide profit- Title of Collection: Requirements of a
collection request (ICR) titled, sharing plan or trust—as defined in Bona Fide Thrift or Savings Plan and
‘‘Requirements of a Bona Fide Thrift or regulations 29 CFR parts 547 and 549. Requirements of a Bona Fide Profit-
Savings Plan and Requirements of a An employer is required to Sharing Plan or Trust.
Bona Fide Profit-Sharing Plan or Trust,’’ communicate, or to make available to its OMB Control Number: 1235–0013.
to the Office of Management and Budget employees, the terms of the bona fide Affected Public: Private Sector—
(OMB) for review and approval for thrift, savings, or profit-sharing plan or businesses or other for-profits, farms,
continued use, without change, in trust and to retain certain records. Fair and not-for-profit institutions.
accordance with the Paperwork Labor Standards Act section 11(c) Total Estimated Number of
Reduction Act of 1995 (PRA). Public authorizes this information collection. Respondents: 985,807.
comments on the ICR are invited. See 29 U.S.C. 211(c). Total Estimated Number of
DATES: The OMB will consider all This information collection is subject Responses: 985,807.
written comments that agency receives to the PRA. A Federal agency generally Total Estimated Annual Time Burden:
on or before April 2, 2018. cannot conduct or sponsor a collection 548 hours.
ADDRESSES: A copy of this ICR with of information, and the public is Total Estimated Annual Other Costs
applicable supporting documentation; generally not required to respond to an Burden: $0.
including a description of the likely information collection, unless it is Authority: 44 U.S.C. 3507(a)(1)(D).
respondents, proposed frequency of approved by the OMB under the PRA Michel Smyth,
response, and estimated total burden and displays a currently valid OMB
Departmental Clearance Officer.
may be obtained free of charge from the Control Number. In addition,
[FR Doc. 2018–04203 Filed 2–28–18; 8:45 am]
RegInfo.gov website at http:// notwithstanding any other provisions of
www.reginfo.gov/public/do/ law, no person shall generally be subject BILLING CODE 4510–27–P

PRAViewICR?ref_nbr=201705-1235-001 to penalty for failing to comply with a
(this link will only become active on the collection of information that does not
day following publication of this notice) DEPARTMENT OF LABOR
display a valid Control Number. See 5
or by contacting Michel Smyth by CFR 1320.5(a) and 1320.6. The DOL Office of the Secretary
telephone at 202–693–4129, TTY 202– obtains OMB approval for this
693–8064, (these are not toll-free information collection under Control Agency Information Collection
numbers) or by email at DOL_PRA_ Number 1235–0013. For additional Activities; Submission for OMB
PUBLIC@dol.gov. substantive information about this ICR, Review; Comment Request; Powered
Submit comments about this request see the related notice published in the Industrial Trucks Standard
by mail to the Office of Information and Federal Register on May 23, 2017 (82
Regulatory Affairs, Attn: OMB Desk FR 23613). ACTION:Notice of availability; request
Officer for DOL–WHD, Office of Interested parties are encouraged to for comments.
Management and Budget, Room 10235, send comments to the OMB, Office of
725 17th Street NW, Washington, DC Information and Regulatory Affairs at SUMMARY: The Department of Labor
20503; by Fax: 202–395–5806 (this is the address shown in the ADDRESSES (DOL) is submitting the Occupational
not a toll-free number); or by email: section within thirty (30) days of Safety and Health Administration
OIRA_submission@omb.eop.gov. publication of this notice in the Federal (OSHA) sponsored information
Commenters are encouraged, but not Register. In order to help ensure collection request (ICR) titled, ‘‘Powered
required, to send a courtesy copy of any appropriate consideration, comments Industrial Trucks Standard,’’ to the
comments by mail or courier to the U.S. should mention OMB Control Number Office of Management and Budget
Department of Labor—OASAM, Office 1235–0013. The OMB is particularly (OMB) for review and approval for
of the Chief Information Officer, Attn: interested in comments that: continued use, without change, in
Departmental Information Compliance • Evaluate whether the proposed accordance with the Paperwork
Reduction Act of 1995 (PRA). Public
amozie on DSK30RV082PROD with NOTICES

Management Program, Room N1301, collection of information is necessary
200 Constitution Avenue NW, for the proper performance of the comments on the ICR are invited.
Washington, DC 20210; or by email: functions of the agency, including DATES: The OMB will consider all
DOL_PRA_PUBLIC@dol.gov. whether the information will have written comments that agency receives
FOR FURTHER INFORMATION CONTACT: practical utility; on or before April 2, 2018.
Michel Smyth by telephone at 202–693– • Evaluate the accuracy of the ADDRESSES: A copy of this ICR with
4129, TTY 202–693–8064, (these are not agency’s estimate of the burden of the applicable supporting documentation;

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Document Created: 2018-02-28 23:57:49
Document Modified: 2018-02-28 23:57:49

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice of availability; request for comments.
Dates		The OMB will consider all written comments that agency receives on or before April 2, 2018.
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]
FR Citation		83 FR 8898

83 FR 8898 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Requirements of a Bona Fide Thrift or Savings Plan and Requirements of a Bona Fide Profit-Sharing Plan or Trust

DEPARTMENT OF LABOROffice of the Secretary

Federal Register Volume 83, Issue 41 (March 1, 2018)

DEPARTMENT OF LABOR
Office of the Secretary