Enviri Corporation 401(k) Review & Grade
Enviri Corporation Savings Plan
Camp Hill, PAManufacturing1,288 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,734Employer $ per active participant
$4,700Employee $ saved per active participant
0.36%Direct admin cost, % of plan assets
$82.5MNet plan assets, end of year
$31,025Average balance per account
Score breakdown
- Employer generosity18.1 / 5036th percentile for employer $ per participant
- Low cost8.4 / 2534th percentile for low admin cost vs. same-size plans
- Employee saving7.0 / 1547th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score44 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 36th |
| Lower admin cost | 34th |
| Employee saving | 47th |
| Peers that auto-enroll | 59% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Enviri put in about $1,734 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.36% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,232,751 |
| Participant (employee) contributions | $6,051,710 |
| Other contributions (incl. rollovers in) | $519,139 |
| Administrative expenses paid from the plan | $228,279 |
| Contract administrator fees | $129,414 |
| Investment advisory & management fees | $18,687 |
| Other admin expenses | $8,469 |
| Benefits paid out | $10,927,775 |
| Net assets, start / end of year | $43.0M / $82.5M |
| Active participants, start / end of year | 580 / 1,995 |
| Participants with account balances | 2,659 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Caron & Bletzer PLLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $129,414 reported compensation |
| Caron & Bletzer PLLC | $56,902 reported compensation |
| Fiducient Advisors LLC | $18,687 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250722134506NAL0006198930001, received 2025-07-22, EIN 23-1483991, plan #224, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.