89 FR 5624 — Automatic Portability Transaction Regulations ERISAProposed Rules (FR)Proposed Jan 29, 2024
…rs on average to prepare and send requested records, resulting in a per request equivalent cost of $127.[180]
The Department expects that such requests would occur rarely. As such, the Department estimates that one request a year would result in an average annual burden of $127.
11. Summary
The paperwork burden estimat…
89 FR 32122 — Retirement Security Rule: Definition of an Investment Advice Fiduciary ERISAFinal Rules (FR)Apr 25, 2024
…believe those individuals who are called to serve others gravitate towards professions like ours.” [127]
89 FR 32346 — Amendment to Prohibited Transaction Exemptions 75-1, 77-4, 80-83, 83-1, and 86-128 ERISAFinal Rules (FR)Apr 25, 2024★ strong match
nt estimates it would take 15,778 hours at an equivalent cost of $3,127,949 to maintain the records and make the records available for inspection.[21] Table 1—Hour Burden and Equivalent Cost Associated With Recordkeeping
Activity
Year 1
Subsequent years
Burden
hours
Equivalent
burden cost
Burden
hours
Equivalent
burden…
91 FR 4348 — Improving Transparency Into Pharmacy Benefit Manager Fee Disclosure ERISAProposed Rules (FR)Proposed Jan 30, 2026
…form Act,
(2024),
https://www.cbo.gov/system/files/2024-12/s1339.pdf.
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241.
S.127—Pharmacy Benefit Manager Transparency Act of
2023, 118th Congress (2023-2024),
https://www.congress.gov/bill/118th-congress/senate-bill/127.
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242.
Casey B. Mulligan,
Restrict the Middleman? Quant…
78 FR 13797 — Ex Parte Cease and Desist and Summary Seizure Orders-Multiple Employer Welfare Arrangements ERISAFinal Rules (FR)Mar 1, 2013related by meaning
s provided all copies are clear and legible.
§ 2571.4
Parties.
For section 521 proceedings, this section shall apply in lieu of § 18.10 of this title: (a) The term “party” wherever used in these rules shall include any person that is a subject of the temporary order and is challenging the temporary order under these se…
86 FR 57272 — Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights ERISAProposed Rules (FR)Proposed Oct 14, 2021
…tion
Total pension
plans
Welfare
plans
Total all
plans
Direct Holdings Only
1,272
2,286
3,558
569
4,127
Indirect Holdings Only
2,792
17,591
20,383
3
20,386
Both Direct and Indirect
941
586
1,527
1
1,528
Total
5,005
20,463
25,468
573
26,041
ESOP (No Common Stock)
5,809
5,809
5,809
Common Stock and ESOP
591
591
591
Total…
76 FR 76235 — Ex Parte Cease and Desist and Summary Seizure Orders-Multiple Employer Welfare Arrangements ERISAProposed Rules (FR)Proposed Dec 6, 2011related by meaning
efly state the grounds for denial and shall then treat the petition as a request for participation as amicus curiae.
§ 2571.5
Consequences of default. For section 521 proceedings, this section shall apply in lieu of § 18.5(b) of this title: Failure of the respondent to file an answer to the temporary order within the 3…
80 FR 22021 — Proposed Amendment to and Proposed Partial Revocation of Prohibited Transaction Exemption (PTE) 86-128 for Securities Transactions Involving Employee Benefit P… ERISAProposed Rules (FR)Proposed Apr 20, 2015related by meaning
tes) and any related entity in connection with the transaction is reasonable in relation to the total services the person provides to the plan or IRA. The Department requests comment on the necessity of incorporating relief for related entities in PTE 86-128, and the approach taken in this proposal to do so.
V. The 200…
88 FR 54511 — Request for Information-SECURE 2.0 Reporting and Disclosure ERISAProposed Rules (FR)Proposed Aug 11, 2023
…collect such information?
B.
Emergency Savings Accounts Linked to Individual Account Plans. Section 127 of SECURE 2.0 amended ERISA section 3 to add a new definition, at section 3(45), for a “pension-linked emergency savings account” (PLESA). A PLESA is a short-term savings account established and maintained as part of…
81 FR 43430 — Department of Labor Federal Civil Penalties Inflation Adjustment Act Catch-Up Adjustments ERISAFinal Rules (FR)Jul 1, 2016
… FR 13592), by the inflation adjustment factor for 2007 of 1.13833, which resulted in a penalty of $127. The $15 penalty increase is less than the statutory catch-up adjustment cap of a 150 percent increase of the $112 penalty in effect as of November 2, 2015, which is $168. Therefore, the minimum penalty in the penalt…
91 FR 46602 — Electronic Disclosure by Group Health Plans Under ERISA ERISAProposed Rules (FR)Proposed Jul 23, 2026
…its Manager prepares Notice of Internet Availability (First year)
21,586
0.25
193.15
1,042,334
−3,127,002
21,586
0.5
193.15
2,084,668
−2,084,668 Primary Assumption
21,586
1
193.15
4,169,336
0
21,586
2
193.15
8,338,672
4,169,336
21,586
3
193.15
12,508,008
8,338,672
3. Initial Notice of Default E-Delivery and Rig…
77 FR 74063 — Amendments to the Abandoned Plan Regulations ERISAProposed Rules (FR)Proposed Dec 12, 2012
…e 330 abandoned plans participating in the Abandoned Plan Program would incur the following costs: $127,000 in annual costs attributable to abandoned plans' qualified termination administrator filings and notices; $4.48 million attributable to fiduciaries of the approximately 39,000 terminating plans (other than abando…
ERISACourt RulingsFeb 22, 2000
for all of the
Plan years due, on April 1, 1999. (T 127) He mailed the individual
participation benefit statements for Plan year 1997 about two weeks later, (T 127) which they were able to do as a result of the
computerization work that had been done for the previous Plan
years. (T 128) He did not receive any objectio…
ERISARegulationsJan 1, 2017related by meaning
For 502(c)(7) civil penalty proceedings, this section shall apply in lieu of § 18.10 of this title.
ERISAProposed Rules (FR)Proposed Sep 15, 2021
decrease of filing costs of $29.4 million, with a reduction from 146,800 to 127,400 in large plan filers. The DOL requests comments on this estimate. Table —Estimated Burden Change by Type of Filer
Changes to Filing Exemptions and Requirements for Small Plans
Type of plan
Number of filers under
current rules
(thousand…
ERISARegulationsJan 1, 2017related by meaning
For 502(c)(8) civil penalty proceedings, this section shall apply in lieu of § 18.10 of this title.
85 FR 81658 — Fiduciary Duties Regarding Proxy Voting and Shareholder Rights ERISAFinal Rules (FR)Dec 16, 2020
… = $1,762,023).
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114.
The burden is estimated as follows: 63,911 plans * 2 hours = 127,821.8. A labor rate of $134.21
is used for a plan fiduciary: (127,821.8 * $134.21 = $17,154,957).
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115.
ERISARegulationsJan 1, 2017related by meaning
For 502(c)(7) civil penalty proceedings, this section shall apply in lieu of the definitions in § 18.2 of this title:
ERISARegulationsJan 1, 2017related by meaning
For 502(c)(6) civil penalty proceedings, this section shall apply in lieu of § 18.10 of this title.
ERISARegulationsJan 1, 2017related by meaning
For 502(c)(7) civil penalty proceedings, the following shall apply in lieu of § 18.9 of this title.