{"abstract":"This document provides notice of an individual exemption from certain prohibited transaction restrictions of the Employee Retirement Income Security Act of 1974 (ERISA). The exemption permits Prudential Life Insurance Company of America (Prudential) to reinsure the Meta Platforms Inc. Health and Welfare Benefit Plan (Plan)'s group term life insurance benefits, accidental death and dismemberment benefits, survivor income benefits, supplemental employee term coverage, dependent term life insurance (spouse or domestic partner), dependent term life insurance (children) (the Reinsured Benefits), by entering into a reinsurance contract with Ekahi Insurance Company, LLC (Ekahi), an insurance company that is owned by Meta Platforms, Inc. (Meta or the Applicant). This arrangement is hereinafter referred to as the \"Reinsurance Arrangement.\"","action":"Notice of exemption.","agencies":[{"raw_name":"DEPARTMENT OF LABOR","name":"Labor Department","id":271,"url":"https://www.federalregister.gov/agencies/labor-department","json_url":"https://www.federalregister.gov/api/v1/agencies/271","parent_id":null,"slug":"labor-department"},{"raw_name":"Employee Benefits Security Administration","name":"Employee Benefits Security Administration","id":131,"url":"https://www.federalregister.gov/agencies/employee-benefits-security-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/131","parent_id":271,"slug":"employee-benefits-security-administration"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2025/07/08/2025-12641.html","cfr_references":[],"citation":"90 FR 30102","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"This final exemption will be in effect as of July 8, 2025.","disposition_notes":null,"docket_ids":["Prohibited Transaction Exemption 2025-05","Application Number L-12066"],"dockets":[],"document_number":"2025-12641","effective_on":"2025-07-08","end_page":30109,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2025/07/08/2025-12641.xml","html_url":"https://www.federalregister.gov/documents/2025/07/08/2025-12641/exemption-for-certain-prohibited-transactions-involving-meta-platforms-inc-meta-located-in-menlo","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2025-12641?publication_date=2025-07-08","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2025-07-08/2025-12641/mods.xml","not_received_for_publication":null,"page_length":8,"page_views":{"count":622,"last_updated":"2026-05-02 10:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-07-08/pdf/2025-12641.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-12641.pdf?1751892313","publication_date":"2025-07-08","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2025/07/08/2025-12641.txt","regulation_id_number_info":{},"regulation_id_numbers":[],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2025-07-08T08:04:39Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":30102,"subtype":null,"title":"Exemption for Certain Prohibited Transactions Involving Meta Platforms, Inc. (Meta) Located in Menlo Park, CA","toc_doc":"Certain Prohibited Transactions Involving Meta Platforms, Inc. (Meta) Located in Menlo Park, CA","toc_subject":"Exemption","topics":[],"type":"Notice","volume":90}