Employee Benefits Security Administration (EBSA) A division of the Department of Labor (DOL) charged with enforcing the rules governing the conduct of plan managers, the investment of plan assets, the reporting and disclosure of plan information, the fiduciary provisions of the law, and workers' benefit rights. Investopedia Says: This is one of the divisions of the U.S. government that acts as a watchdog against the inappropriate activities of pension managers. Related Terms: 401k Plan DOL Fiduciary IRA Pension Plan |