v3.26.1
Master Trust
 12 Months Ended
Dec. 31, 2025
EBP 224  
EBP, Master Trust [Line Items]  
Master Trust 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 the 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 37.01% and 36.40%, respectively. Net investment income (loss) and administrative expenses relating to the Master Trust are allocated to the individual plans based upon 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, 2025December 31, 2024
(In thousands)PlanMaster TrustPlanMaster Trust
Legacy Enviri common stock$3,303 $8,925 $1,532 $4,208 
Money market mutual fund69 186 32 89 
Total$3,372 $9,111 $1,564 $4,297 

The changes in net assets of the Master Trust for the year ended December 31, 2025 consist of the following:
(In thousands)PlanMaster Trust
Net investment income (loss)$1,914 $5,318 
Net transfers in (out)(106)(504)
Net increase (decrease) in assets1,808 4,814 
Net assets:
Beginning of year 1,564 4,297 
End of year$3,372 $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.