401(k) · DOL Form 5500 · 2022
Bassett Furniture Industries, Inc. 401(k) Plan
Data updated 2026-08-25
- $59M
- Total assets Below avg plan size
- 1,429
- Participants Near avg headcount
- 89th
- Percentile by assets National rank
- $41,314
- Avg per participant Low balance/head
Official DOL plan name: Bassett Furniture Ind. Inc. 401(k) Plan · Sponsored by Bassett Furniture Industries, Inc. · Virginia · Retail Trade
$59M in assets, 1,429 participants
Bassett Furniture Industries, Inc.'s Bassett Furniture Ind. Inc. 401(k) Plan reported $59M in total assets and 1,429 participants in its 2022 DOL Form 5500 filing, ranking in the 89th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #8,977 in Retail Trade (9,519 peers)
Where Bassett Furniture Ind. Inc. 401(k) Plan sits by assets
Bassett Furniture Ind. Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $59M for 1,429 participants (~$41,314/participant), down 13.2% in 2022.
- #8,977
- in Retail Trade (9,519 peers)
- -13.2%
- assets change YoY
- 0.6×
- vs typical plan assets (national mean)
The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Bassett Furniture Ind. Inc. 401(k) Plan's outsized position by total assets
Bassett Furniture Ind. Inc. 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$59,037,215 Top 11% higher than 89% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Bassett Furniture Ind. Inc. 401(k) Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bassett Furniture Ind. Inc. 401(k) Plan lands in the large band (1,429 participants).
Plan-year Form 5500 strip
Filing strip 540135270 · Bassett Furniture Industries, Inc. PY 2022 · 401(k)
Bassett Furniture Ind. Inc. 401(k) Plan · $59M · 1,429 · 89th
- EIN $59M
- RANK 1,429
- PHOTO 89th
- IND 401(k)
- EOY near Norfolk Iron & Metal Company 401(k) Profit Sharing Plan
- 5500 ind #8977
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in Virginia →
Bassett Furniture Ind. Inc. 401(k) Plan in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $68M |
|---|---|
| Net Assets (End of Year) | $59M |
| Net Income | -$9M |
| Employer EIN | 540135270 |
| Plan Effective Date | 1974-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bassett Furniture Industries, Inc.)
Sponsor-wide plan assets over time
All Bassett Furniture Industries, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $73M 23.23827097873773% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,429 | $59M |
| 2023 | 1 | 1,294 | $68M |
| 2024 | 1 | 1,302 | $73M |
Nearby 401(k) Plans in Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Northrop Grumman Savings Plan $32.6B · 92,420
- 401(k) Pension Plan $13.0B · 61,481
- General Dynamics Corporation 401(k) Plan 6.0 $9.6B · 36,822
- Leidos, Inc. Retirement Plan $8.7B · 26,125
- Bae Systems Employees' Savings and Investment Plan $8.2B · 31,556
Bassett Furniture Ind. Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Virginia, the nearest 401(k) by assets is Norfolk Iron & Metal Company 401(k) Profit Sharing Plan in NE ($59M); by covered participants it is Precision Drilling (US) Corporation 401(k) Plan in TX (1,429 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($59M here).
Similar participant headcount
Nearest other-state filings by covered participants (1,429 participants); asset peers above are excluded.
- Precision Drilling (US) Corporation 401(k) Plan (TX) 1,429 · 0 off
- Shepherd Pooled Employer Plan (MN) 1,429 · 0 off
- Balfour Beatty Investments, Inc. 401(k) Plan (PA) 1,429 · 0 off
- Restore Management 401(k) Plan (AL) 1,430 · 1 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.