Acquisition and Sale of Trust Real Estate Investment Trust Shares by Individual Account Plans Sponsored by Trust Real Estate Investment Trusts

ICR 201509-1210-002

OMB: 1210-0124

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2015-10-18
ICR Details
1210-0124 201509-1210-002
Historical Active 201206-1210-003
DOL/EBSA
Acquisition and Sale of Trust Real Estate Investment Trust Shares by Individual Account Plans Sponsored by Trust Real Estate Investment Trusts
Extension without change of a currently approved collection   No
Regular
Approved without change 12/23/2015
Retrieve Notice of Action (NOA) 10/26/2015
  Inventory as of this Action Requested Previously Approved
12/31/2018 36 Months From Approved 12/31/2015
109,200 0 96,600
5,469 0 4,838
346,000 0 251,160

The class exemption permits individual account pension plans sponsored by Trust Real Estate Investment Trusts (REITs) or their affiliates to purchase, hold, and sell publicly trades shares of beneficial interest in the Trust REIT, subject to conditions.

US Code: 29 USC 1108 Name of Law: Employee Retirement Income Security Act of 1974
   US Code: 26 USC 4975(c)(2) Name of Law: Internal Revenue Code
  
None

Not associated with rulemaking

  80 FR 34696 06/17/2015
80 FR 65244 10/26/2015
No

1
IC Title Form No. Form Name
Acqusition and Sale of Trust REIT Shares by Individual Account Plans Sponsored by Trust REITs

  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 109,200 96,600 0 0 12,600 0
Annual Time Burden (Hours) 5,469 4,838 0 0 631 0
Annual Cost Burden (Dollars) 346,000 251,160 0 0 94,840 0
No
No
There have been no program changes in this exemption since the prior submission; however, the Department has updated estimates underlying the analysis. The number of affected trusts and the costs of labor and postage have all increased, which resulted in an increase in the hour and cost burdens, when compared with the previous submission.

$0
No
No
No
No
No
Uncollected
Christopher Cosby 202-693-8425 cosby.chris@dol.gov

  No

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:
 
 
 
 
 
 
 
    (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;
 
 
 
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.
10/26/2015


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