EBSA says it oversees benefits coverage for 156 million people and about $13.8 trillion in plan assets

The Employee Benefits Security Administration (EBSA) announced it recovered more than $1.4 billion for retirement, health and welfare plans, participants and beneficiaries in fiscal year 2025, with over half of that total coming from enforcement actions. The department published a fact sheet showing recoveries came through enforcement, outreach and compliance programs including the Voluntary Fiduciary Correction Program and the abandoned plan program, plus informal complaint resolutions. EBSA says its work also led to removal of improper plan provisions, better fiduciary governance, and expanded access to mental health and substance use disorder benefits. The agency oversees benefits for about 156 million people and roughly $13.8 trillion in plan assets.