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

EFAST2 provides the core capability for receipt, validation, storage, and distribution of the Form 5500 series and Form 5558 filings in support of Employee Benefits Security Administration (EBSA), Internal Revenue Service (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 The current system faces challenges: outdated technology, rising maintenance costs, and limitations in scalability and functionality, making modernization imperative.

The Government requires continuity of operations for filing years 2026–2028 while conducting a structured modernization acquisition. The procurement will: Sustain production operations. Deliver annual rollover updates for filing years 2026–2028. Provide daily data distributions to IRS, PBGC, and EBSA as defined in the Interface Requirements Document (IRD). Execute a documented Transition/Knowledge Transfer Plan to enable a future competitive modernization award. Deliverables and required capabilities include:

Operational services and system administration. Contact center/help?desk support. Annual rollover implementation and testing. Certification/test support for third?party filers. All security and compliance documentation required to operate at FedRAMP Moderate and to process CUI/FTI (ATO, privacy, records, Section 508 compliance where applicable).