01/30/2026 | Press release | Distributed by Public on 01/30/2026 14:31
WASHINGTON - The U.S. Department of Labor announced today that its Employee Benefits Security Administration recovered more than $1.4 billion for retirement, health and welfare benefits plans, participants and beneficiaries in fiscal year 2025, with more than half resulting from the agency's enforcement actions.
The FY25 data was published in a fact sheet detailing the recovery of workers' benefits through various enforcement, outreach and compliance assistance programs, including the voluntary fiduciary correction program, the abandoned plan program, investigations, and monetary recoveries from informal complaint resolutions through EBSA's benefits advisors.
EBSA also achieved other victories for workers and their families during FY25, such as the elimination of improper benefit plan provisions, improved fiduciary governance of plans, and increased access to mental health and substance use disorder benefits. These results protect current and future participants and beneficiaries by ensuring more honest, reliable management of plan assets and enforcement of workers' benefits and rights.
"EBSA's significant fiscal year 2025 results obtained for participants and beneficiaries demonstrate our commitment to ensure access to secure retirement, health and other work-related benefits for American workers and their families," said Assistant Secretary for Employee Benefits Security Daniel Aronowitz.
EBSA is responsible for protecting more than 156 million workers, retirees, and their families who are covered by approximately 2.6 million health plans, 801,000 private retirement plans, and 514,000 additional welfare benefit plans. Together, these plans hold about $13.8 trillion in assets.
Employers and workers can contact EBSA at askebsa.dol.gov or call 866-444-3272 toll-free for help with private sector job-based retirement and health plans.