The Department of Labor’s Employee Benefits Security Administration (EBSA) had a banner year in fiscal 2020, having recovered over $3.1 billion in direct payment to plans, participants, and beneficiaries. $2.6 billion of that was recovered in their investigations. EBSA closed 1,122 civil investigations with 754 of those cases (67%) resulting in monetary results for plans “or other corrective action.” EBSA closed 230 criminal investigations which led to the indictment of 70 individuals.
