Enviri Corporation

06/18/2026 | Press release | Distributed by Public on 06/18/2026 10:22

Annual Report of Employee Stock Purchase/Savings Plan (Form 11-K)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
____________________
FORM 11-K
____________________
[X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2025
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from _____________ to _____________
Commission File Number 001-03970
ENVIRI RETIREMENT SAVINGS AND INVESTMENT PLAN
ENVIRI CORPORATION
Two Logan Square
100-120 North 18th Street, 17th Floor
Philadelphia, PA 19103
Telephone (267) 857-8715
Enviri Retirement Savings
and Investment Plan
Financial Statements as of December 31, 2025 and 2024 and for the Year Ended December 31, 2025 and Supplemental Schedule as of December 31, 2025
ENVIRI RETIREMENT SAVINGS AND INVESTMENT PLAN
INDEX
Page
Report of Independent Registered Public Accounting Firm
1
Financial Statements
Statements of Net Assets Available for Benefits as of
2
December 31, 2025 and 2024
Statement of Changes in Net Assets Available for Benefits
3
For the Year Ended December 31, 2025
Notes to Financial Statements
4
Supplemental Schedule:
Schedule H, Line 4(i) - Schedule of Assets (Held at End of Year) - December 31, 2025 *
10
Signatures
11
Exhibit Index
12
*Other schedules required by 29 CFR 2520.103-10 of the Department of Labor's Rules & Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 have been omitted because they are not applicable.
Report of Independent Registered Public Accounting Firm
To the Plan Administrator and Plan Participants of the Enviri Retirement Savings and Investment Plan:
Opinion on the Financial Statements
We have audited the accompanying statements of net assets available for benefits of the Enviri Retirement Savings and Investment Plan (the Plan) as of December 31, 2025 and 2024, and the related statement of changes in net assets available for benefits for the year ended December 31, 2025, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2025 and 2024 and the changes in net assets available for benefits for the year ended December 31, 2025, in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on the Plan's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
Supplemental Information
The supplemental Schedule H, Line 4(i) - Schedule of Assets (Held at End of Year) as of December 31, 2025, has been subjected to audit procedures performed in conjunction with the audit of the Plan's financial statements. The supplemental information is the responsibility of the Plan's management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole.
We have served as the Plan's auditor since 2020.
Kingston, NH
June 18, 2026
1
ENVIRI RETIREMENT SAVINGS AND INVESTMENT PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
DECEMBER 31, 2025 AND DECEMBER 31, 2024
(In thousands) 2025 2024
ASSETS
Investments, at fair value $ 272,206 $ 240,433
Plan interest in Master Trust (Note 3) 5,739 2,733
Total investments 277,945 243,166
Receivables:
Employer contributions 1 -
Participant contributions 2 -
Notes receivable from participants 3,185 2,770
Total receivables 3,188 2,770
Net assets available for benefits $ 281,133 $ 245,936
The accompanying notes are an integral part of the financial statements.
2
ENVIRI RETIREMENT SAVINGS AND INVESTMENT PLAN
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
FOR THE YEAR ENDED DECEMBER 31, 2025
(In thousands) 2025
Additions:
Contributions:
Participants $ 14,020
Employer 6,674
Rollovers 5,711
Total contributions 26,405
Interest income on notes receivable from participants 237
Investment income (loss):
Net appreciation (depreciation) in fair value of investments 18,623
Net appreciation (depreciation) in Plan interest in Master Trust (Note 3) 3,404
Dividend income 16,477
Total net investment income (loss) 38,504
Total additions 65,146
Deductions:
Benefits paid to participants 31,246
Administrative expenses 218
Total deductions 31,464
Net increase (decrease) 33,682
Net transfers in (out) due to employee classification change (Note 1) 1,515
Net assets available for benefits
Beginning of Year 245,936
End of Year $ 281,133
The accompanying notes are an integral part of the financial statements.
3
ENVIRI RETIREMENT SAVINGS AND INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS
December 31, 2025 and 2024
1. Plan Description
The following description of the Enviri Retirement Savings and Investment Plan (the "Plan") provides only an abbreviated summary of the general provisions of the Plan. Participants should refer to the Summary Plan Description and the Plan document for a more complete description of the Plan's provisions.
General
The Plan is a defined contribution plan providing retirement benefits to eligible employees. The Plan is designed to comply with the requirements of the Employee Retirement Income Security Act of 1974, ("ERISA"), as amended, and with the requirements for qualification under Sections 401(a) and 401(k) of the Internal Revenue Code ("IRC").
All U.S. salaried employees and non-union hourly employees (including officers) who are employed by Enviri LLC, as successor to Legacy Enviri following completion of the Spin-Off, each as defined below, ("the Company") or any eligible subsidiary of either the Company or a subsidiary which adopts this Plan with the approval of the Company and who are not participants in the Enviri Corporation Savings Plan (the "ESP") are deemed "Eligible Employees."
Throughout the year, employees may be transferred to various positions within the Company, which may result in a transfer between various retirement plans sponsored by the Company. Transfers between various Company retirement plans may also occur as Plan amendments are adopted to permit additional or restrict existing groups of Company employees participating in the Plan. These are shown as "Net transfers in (out) due to employee classification change" on the Statement of Changes in Net Assets Available for Benefits.
Contributions
New Eligible Employees are automatically enrolled in the Plan at a pre-tax savings rate of 3% via payroll deductions with contributions being directed to a designated target date fund based on the participant's current age and a retirement age of 65. Employees have the option to opt out of this Plan or to contribute an amount different than the automatic contribution amount, and/or to invest in funds other than the Plan's default fund that are available within the Plan investment options. Participants not benefiting from the full employer match will be enrolled in an auto-increase of 1% annually in January until the participant meets the percentage to receive the full employer match. Employees have the option to opt out of this auto-increase.
Participants may contribute up to 75% of their annual compensation received as an employee, as defined in the Plan and subject to IRC limitations. Participant contributions may be made on a pretax basis, or participants may elect to make contributions on an after-tax basis or on an after-tax "Roth" basis, subject to limitations outlined in the Plan. Participants who are at least age 50 may make an additional "catch-up" contribution subject to IRC limitations. Participants may also contribute funds from another qualified retirement plan ("rollover" contributions), subject to certain requirements. The Company makes matching contributions equal to 100% of the first 3% of such participant's contributions and 50% of the next 2% of each Participant's contributions.
The Company may also make a discretionary contribution to the Plan in an amount determined by the Company's Board of Directors. Employer discretionary contributions are allocated to the accounts of eligible participants in the proportion that each eligible participant's compensation bears to the aggregate compensation of all eligible participants who are entitled to an allocation of the Company discretionary contribution for that Plan year. The Company made no discretionary contributions for the Plan year ended December 31, 2025.
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Participant Accounts
Each participant's account is credited with the participant's contributions and employer matching contributions, as well as allocations of any discretionary contributions and Plan earnings. Participant accounts are charged with an allocation of administrative expenses that are paid by the Plan. Allocations are based on participant earnings, account balances, or specific transactions, as defined in the Plan document. The benefit to which a participant is entitled is the benefit that can be provided from the participant's vested account.
Vesting
Participants are immediately vested in their contributions, plus actual earnings thereon and matched pre-tax contributions and matched after-tax contributions to the Plan. Participants are 100% vested in the Company's discretionary contributions after three years of credited service. Participants are also 100% vested upon death, disability or the attainment of normal retirement age. For amounts transferred to the Plan from other plans sponsored, or previously sponsored, by the Company, a participant is vested in the Company's discretionary contributions after three years of credited service.
Notes Receivable from Participants
Participants may borrow from their fund accounts a minimum of $500 to a maximum of 50% of their vested account balance, not to exceed $50 thousand. A loan is collateralized by the balance in the participant's account and bears interest at a rate commensurate with local prevailing rates as determined periodically by the Plan Administrator. The participant may choose the loan repayment period, not to exceed five years. However, the term may be for any period not to exceed 15 years if the purpose of the loan is to acquire the participant's principal residence. No more than one loan may be outstanding at any time. Interest rates on outstanding loans, which are based on the prime rate plus one percent, ranged from 4.25% to 9.50% at December 31, 2025, with maturity dates ranging from 2026 to 2040. Principal and interest is paid ratably through payroll deductions.
Payment of Benefits
On termination of service, a participant or beneficiary may receive payments based on their election of one of the three options: a lump-sum amount equal to the value of the participant's vested interest in their account; a portion paid in a lump-sum, and the remainder paid later; or over annual installments, not to exceed more than 15 years.
A participant may also request a withdrawal upon attainment of age 59 1/2 or upon demonstration by the participant to the Plan Administrator that the participant is suffering from "hardship," as defined in the Plan document. A participant may also request a withdrawal from after-tax and rollover funds at any time.
2. Summary of Significant Accounting Policies
Basis of Accounting
The financial statements of the Plan are prepared on the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP").
Administration
Plan participants pay investment management, recordkeeping and audit fees related to maintaining the Plan as a whole. Loan setup fees and withdrawal fees are paid by the participant. Purchases and sales of the common stock held by the Master Trust, as defined below, are assessed a commission, which is paid by the participant at $0.02 per share. Investment related expenses are included in Net appreciation (depreciation) in fair value of investments on the Statement of Changes in Net Assets Available for Benefits.
5
Investment Valuation and Income Recognition
Investments are reported at fair value, which is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). The Plan's Investment Committee determines the Plan's investment options utilizing information provided by the investment advisers and custodians. See Note 4, Fair Value Measurements.
Purchases and sales of investments are recorded on a trade-date basis. Dividend income is recorded on the ex-dividend date. Net appreciation (depreciation) of the fair value of investments includes the Plan's gains and losses on investments bought and sold, as well as unrealized gains and losses on investments held at year-end.
Contributions
Participant contributions are recorded in the year in which the participant contributions are withheld from compensation.
Employer matching contributions are recorded in the same year that the related participant contribution is recorded.
Notes Receivable from Participants
Notes receivable from participants are measured at their unpaid principal balance, plus any accrued but unpaid interest. Delinquent participant loans are reclassified as distributions based upon the terms of the Plan document.
Payment of Benefits
Benefit payments to participants are recorded when paid.
Use of Estimates
The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of additions and deductions during the reporting period. Actual results could differ from those estimates.
Forfeitures
Forfeitures, which are a result of participant withdrawals prior to their full vesting in the Plan, are used to reduce the amount of future employer contributions, pay Plan expenses or restore accounts, as directed by the Plan Administrator. In 2025, $35 thousand of forfeitures were used to offset employer contributions and $30 thousand of forfeitures were used to pay Plan expenses. Unallocated forfeitures at December 31, 2025 and 2024 were $69 thousand and $66 thousand, respectively.
Subsequent Events
On November 20, 2025, Enviri Corporation ("Legacy Enviri") entered into definitive agreements with Veolia Environnement S.A. ("Veolia"), to (i) sell Legacy Enviri's "Clean Earth" business (the "Clean Earth Business"), and (ii) distribute Legacy Enviri's "Harsco Environmental" and "Rail" businesses (together, the "New Enviri Business").
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On June 1, 2026, pursuant to the terms of a Separation Agreement, dated as of November 20, 2025 (the "Separation Agreement"), by and among Legacy Enviri, CLEH, Inc. ("CLEH"), the Company, which, prior to the Reorganization (as defined below), was a direct, wholly owned subsidiary of CLEH, Veolia and Enviri II Corporation ("New Enviri") which, prior to the Holding Company Merger (as defined below), was a direct, wholly owned subsidiary of Legacy Enviri, the following transactions occurred: (i) Legacy Enviri merged with and into the Company, with the Company as the surviving entity (the "Holding Company Merger"); (ii) CLEH and is subsidiaries, including the Company and New Enviri, effected a reorganization (the "Reorganization") resulting in (a) CLEH holding the Clean Earth Business, (b) New Enviri owning all of the equity interests of the Company, and (c) the Company holding the New Enviri Business; and (iii) CLEH distributed all of the outstanding shares of New Enviri common stock to the stockholders of CLEH, including the Master Trust, on a pro rata basis (the "Distribution" and, together with the Reorganization, the "Spin-Off").
Immediately following the Spin-Off, CLEH merged with a merger subsidiary of Veolia, with CLEH surviving as an indirect, wholly owned subsidiary of Veolia. Stockholders of CLEH, including the Master Trust, received cash in exchange for the cancellation of their shares of CLEH common stock. Shortly thereafter, New Enviri changed its name from "Enviri II Corporation" to "Enviri Corporation."
Following the completion of the transactions described above, the Company, as the successor to Legacy Enviri and a wholly owned subsidiary of New Enviri, a new publicly traded corporation listed on the New York Stock Exchange, will continue to operate the Plan. The common stock held by the Master Trust will, however, consist of New Enviri common stock rather than Legacy Enviri common stock as a result of the Holding Company Merger and the Spin-Off.
In addition, as a result of the Separation Agreement, a participant who is a salaried Clean Earth employee became 100% vested in the participant's account balance upon completion of the transactions described above, and salaried Clean Earth employees are no longer eligible to actively participate in the Plan.
3. Master Trust
A portion of the Plan's investments are in a Stock Fund (the "Master Trust"), which was established by Legacy Enviri for the investment of assets of the Plan and another retirement plan sponsored by Legacy Enviri. Each participating retirement plan has an undivided interest in the Master Trust. The assets of the Master Trust are held by the trustee, custodian and recordkeeper, Principal Bank, a subsidiary of Principal Financial Group. The value of the Plan's interest in the Master Trust is based on the beginning of year value of the Plan's interest in the Master Trust, plus actual contributions received and allocated investment income (losses) recognized during the year, less actual distributions and allocated administrative expenses paid during the year. At December 31, 2025 and 2024, the Plan's interest in the net assets of the Master Trust was 62.99% and 63.60%, respectively. Investment income (loss) and administrative expenses relating to the Master Trust are allocated to the individual plans based on the amount of time each of the plan's assets were invested in the Master Trust.
The following table presents the net assets in the Master Trust.
December 31, 2025 December 31, 2024
(In thousands) Plan Master Trust Plan Master Trust
Legacy Enviri common stock $ 5,622 $ 8,925 $ 2,676 $ 4,208
Money market mutual fund 117 186 57 89
Total $ 5,739 $ 9,111 $ 2,733 $ 4,297
The changes in net assets of the Master Trust for the year ended December 31, 2025 consist of the following:
7
(In thousands) Plan Master Trust
Net investment income (loss) $ 3,404 $ 5,318
Net transfers in (out) (398) (504)
Net increase (decrease) in assets 3,006 4,814
Net assets:
Beginning of year 2,733 4,297
End of year $ 5,739 $ 9,111
At December 31, 2025 and 2024, all assets of the Master Trust are classified within Level 1 of the fair value hierarchy discussed in Note 4, due to the fact that the inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets that the Plan has the ability to access.
4. Fair Value Measurements
The fair value framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below:
Level 1 Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets that the Plan has the ability to access.
Level 2 Inputs to the valuation methodology include:
•Quoted prices for similar assets or liabilities in active markets;
•Quoted prices for identical or similar assets or liabilities in inactive markets;
•Inputs other than quoted prices that are observable for the asset or liability; and
•Inputs that are derived principally from or corroborated by observable market data by correlation or other means.
If the asset or liability has a specified (contractual) term, the Level 2 input must be observable for substantially the full term of the asset or liability.
Level 3 Inputs to the valuation methodology are unobservable and significant to the fair value measurement.
The asset's or liability's fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. The Plan primarily applies the market approach for fair value measurements and endeavors to utilize the best available information. Accordingly, the Plan utilizes valuation techniques that maximize the use of observable inputs, such as quoted prices in active markets, and minimize the use of unobservable inputs. The Plan is able to classify fair value balances based on the observability of those inputs. Common stock is valued at the closing price reported on the active market on which the individual security is traded. Investments in mutual funds are primarily valued at net asset value in an exchange and active market, which represents the net asset values of shares held by the Plan at year-end.
The Plan recognizes the methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While the Plan believes its valuation methods are appropriate and consistent with other market participants' expectations for the Plan's investments, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement. There have been no significant changes in the valuation methodologies or transfers between levels during the years ended December 31, 2025 and 2024.
At December 31, 2025 and 2024, the Plan's investments that are not included in the Master Trust are mutual funds and are classified within Level 1 of the fair value hierarchy, due to the fact that the inputs to the
8
valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets that the Plan has the ability to access.
5. Related-Party and Party in Interest Transactions
The Plan's investments are shares of mutual funds managed by the Delaware Charter Guarantee & Trust Company, d/b/a Principal Trust Company, whose fees are paid by the Plan. These transactions qualify as party in interest transactions. Fees paid by the Plan for the investment management services amounted to $153 thousand for the year ended December 31, 2025 and are included in Administrative expenses on the Statement of Changes in Net Assets Available for Benefits.
Transactions in the common stock held by the Master Trust also qualify as party in interest transactions. For the year ended December 31, 2025, the Plan purchased $1,066 thousand and sold $1,464 thousand of Legacy Enviri's common stock on behalf of participants.
Additionally, notes receivable from participants qualify as party in interest transactions. For the year ended December 31, 2025, the Plan received $237 thousand in interest income on notes receivable from participants.
6. Plan Termination
Although the Company has not expressed any intent to discontinue the Plan, it reserves the right to terminate the Plan at any time or discontinue contributions and loans thereunder, subject to the provisions of ERISA. In the event of Plan termination, the accounts of each affected employee would be fully vested. Complete distributions or withdrawals would be distributed to Plan participants and beneficiaries in proportion to their respective account balances.
7. Tax Status
The IRS has determined and informed the Company by a letter dated July 23, 2018 that the Plan and related trust are designed in accordance with applicable sections of the IRC. Although the Plan has been amended since receiving the opinion letter, the Plan Administrator believes that the Plan is designed and is currently being operated in compliance with the applicable requirements of the IRC and therefore believes that the Plan is qualified, and the related trust is tax-exempt. U.S. GAAP requires Plan management to evaluate tax positions taken by the Plan and recognize a tax liability if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan Administrator has analyzed the tax positions by the Plan and has concluded that, as of December 31, 2025, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.
8. Risks and Uncertainties
The Plan invests in various investment securities. Investment securities are exposed to various risks, such as interest rate, market, and credit risks. Market risks include global events which could impact the value of investment securities. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect participants' account balances and the amounts reported in the statements of net assets available for benefits.
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SUPPLEMENTAL SCHEDULE
ENVIRI RETIREMENT SAVINGS AND INVESTMENT PLAN
SCHEDULE H, LINE 4(i) - FORM 5500
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EMPLOYER IDENTIFICATION NUMBER - 23-1483991
THREE-DIGIT PLAN NUMBER - 258
AS OF DECEMBER 31, 2025
(a)
(b) Identity of issue, borrower, lessor or similar party 		(c) Description of investment, including maturity date, rate of interest, collateral and par or maturity value
(d) Cost
(e) Current Value
(in thousands)
* Investments in Master Trust Master Trust ** $ 5,739
Allspring Government Money Market Fund Mutual fund ** 12,368
BlackRock Total Return Fund Mutual fund ** 2,549
Dodge & Cox Stock Fund Mutual fund ** 11,180
DWS RREEF Real Assets Fund Mutual fund ** 79
EuroPacific Growth Fund Mutual fund ** 5,738
JPMorgan Large Cap Growth Fund Mutual fund ** 6,179
Loomis Sayles Global Bond Fund Mutual fund ** 238
New York Life Investments Winslow Large Cap Growth Fund Mutual fund ** 29,430
MFS Mid Cap Growth Fund Mutual fund ** 3,780
Neuberger Berman Genesis Fund Mutual fund ** 3,552
* Principal Investors Fund Inc - Real Estate Securities Fund Mutual fund ** 2,223
T Rowe Price Retirement 2005 Fund Mutual fund ** 390
T Rowe Price Retirement 2010 Fund Mutual fund ** 618
T Rowe Price Retirement 2015 Fund Mutual fund ** 2,239
T Rowe Price Retirement 2020 Fund Mutual fund ** 6,495
T Rowe Price Retirement 2025 Fund Mutual fund ** 14,202
T Rowe Price Retirement 2030 Fund Mutual fund ** 28,805
T Rowe Price Retirement 2035 Fund Mutual fund ** 25,491
T Rowe Price Retirement 2040 Fund Mutual fund ** 23,692
T Rowe Price Retirement 2045 Fund Mutual fund ** 15,543
T Rowe Price Retirement 2050 Fund Mutual fund ** 13,534
T Rowe Price Retirement 2055 Fund Mutual fund ** 10,546
T Rowe Price Retirement 2060 Fund Mutual fund ** 3,274
T Rowe Price Retirement 2065 Fund Mutual fund ** 1,565
Vanguard Extended Market Index Fund Mutual fund ** 2,900
Vanguard Inflation-Protected Securities Fund Mutual fund ** 948
Vanguard Institutional Index Fund Mutual fund ** 34,234
Vanguard Mid-Cap Value Index Fund/Open-end Fund Mutual fund ** 4,873
Vanguard Total Bond Market Index Fund Mutual fund ** 2,937
Vanguard Total International Stock Index Fund Mutual fund ** 2,604
Total mutual funds 272,206
*
Notes receivable from participants - Interest at 4.25% to 9.50%, fully secured by vested benefits, due 2026 to 2040
Participant loans 3,185
$ 281,130
* Party in interest
** Cost information is not presented because investments are participant directed.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Plan Administrative Committee has duly caused this annual report to be signed on its behalf by the undersigned thereunto duly authorized.
ENVIRI RETIREMENT SAVINGS
AND INVESTMENT PLAN
Date June 18, 2026 /s/ Samuel C. Fenice
Samuel C. Fenice
Vice President and Corporate Controller
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EXHIBIT INDEX
Number Description
23.1
Consent of Caron & Bletzer, PLLC (filed herewith)
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