Employee Benefits Security Administration (EBSA) Employee Retirement Income Security Act of 1974 (ERISA) Filing Acceptance System II (EFAST2) - Justification

e (IRS), and Pension Benefit Guaranty Corporation (PBGC) statutory responsibilities under ERISA and the Internal Revenue Code. The incumbent began operating the current system in 2009. The current contract expires March 31, 2026. The contractor�s responsibilities include data collection, processing,

dissemination, stakeholder support, and system management for electronic submission and processing of Form 5500 filings. The current system faces challenges: outdated technology, rising maintenance costs, and limitations in scalability and