Peer Review

Peer Review Report

• Fiscal Year 2023
• Fiscal Year 2018
• Fiscal Year 2017
• Fiscal Year 2016

Default Investment Alternatives Under Participant-Directed Individual Account Plans Regulation

• Proposed Rule – This proposed regulation would implement recent amendments to ERISA under which a participant of a plan will be deemed to have exercised control over assets in his account if, in the absence of investment directions from the participant, the plan invests in a qualified default investment alternative.
• Charge to Peer Reviewers – This charge provides instructions to the selected peer reviewers as required by OMB Final Information Quality Bulletin for Peer Review, 70 FR 2664 (Jan 14, 2005).
• Documents Submitted for Evaluation by Independent Peer Reviewers
  EBSA Automatic-Enrollment Impact Study: Final Results
  Martin R. Holmer, Policy Simulation Group, January 31, 2006
  PENSIM Analysis of Impact of Regulation on Defined-Contribution Default Investments
  Martin R. Holmer, Policy Simulation Group, February 16, 2006
• Reports by Peer Reviewers
  Peer Review for Default Investment Safe Harbor Regulation
  David I. Laibson, Harvard University, Department of Economics, June 5, 2006
  Peer Review for Default Investment Safe Harbor Regulation
  Nellie Liang, Div of Research & Statistics, Board of Governors of the Federal Reserve System, March, 2006
  Peer Review for Default Investment Safe Harbor Regulation
  John Philip Rust, University of Maryland, Department of Economics, August 14, 2006
• EBSA's Response to Peer Review Reports – Response to peer reviews of highly influential scientific assessment that underlies EBSAs Regulatory Impact Analysis of its Notice of Proposed Rulemaking.
• Biographies of Peer Reviewers
  David I. Laibson, Harvard University, Department of Economics
  Nellie Liang, Division of Research & Statistics, Board of Governors of the Federal Reserve System
  John Philip Rust, University of Maryland, Department of Economics

Form 5500 Revision Regulation

• Proposed Rule – Annual Reporting and Disclosure – The Proposed Rule would conform the Department's annual reporting regulations to the proposed changes to the Form 5500 Annual Return/Report.
• Notice of Proposed Forms Revisions – The Notice of Proposed Forms Revisions describes proposed changes to the Form 5500 Annual Return/Report for reporting years beginning on or after January 1, 2008, including a new Short Form 5500 (5500-SF) for eligible plans.
• Proposed Revisions for 2008 Form 5500 and Schedules | Instructions – Mark-up showing the proposed changes for the 2008 Form 5500 and Schedules and Instructions that are itemized in Appendices C and D to the Notice of Proposed Forms Revisions.
• Technical Appendix providing supporting documentation for the Regulatory Impact Analysis included in the Proposed Rule – Annual Reporting and Disclosure.
• Estimates of the Burden for Filing Form 5500: The Change in Burden from the 1997 to the 1999 Forms – A 1999 report prepared for EBSA by Mathematica Policy Research, which documents cost estimates of prior reporting requirements and serves as the basis for the current unit cost estimates.
• Instructions provided by EBSA to the peer reviewer pursuant to the OMB Final Information Quality Bulletin for Peer Review.
• Peer Review Report – Completed pursuant to the OMB Final Information Quality Bulletin for Peer Review and cited in the Regulatory Impact Analysis included in the Proposed Rule – Annual Reporting and Disclosure.