401(k) · DOL Form 5500 · 2024

Bassett Furniture Ind. Inc. 401(k) Plan

Data updated 2026-08-25

$73M
Total assets Below avg plan size
1,302
Participants Near avg headcount
88th
Percentile by assets National rank
$55,881
Avg per participant Low balance/head
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Official DOL plan name: Bassett Furniture Ind. Inc. 401(k) Plan · Sponsored by Bassett Furniture Ind. Inc. · Virginia · Retail Trade

$73M in assets, 1,302 participants

Bassett Furniture Ind. Inc.'s Bassett Furniture Ind. Inc. 401(k) Plan reported $73M in total assets and 1,302 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,500 in Retail Trade (8,048 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, $73M for 1,302 participants (~$55,881/participant), up 7.0% in 2024.

#7,500
in Retail Trade (8,048 peers)
+7.0%
assets growth YoY
0.7×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$72,756,443 Top 12% higher than 88% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Bassett Furniture Ind. Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 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 (1,302 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bassett Furniture Ind. Inc. 401(k) Plan reported net income fell from $9M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Bassett Furniture Ind. Inc. 401(k) Plan end-of-year assets rose from $68M in the plan year 2023 filing to $73M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 540135270 · Bassett Furniture Ind. Inc. PY 2024 · 401(k)

Bassett Furniture Ind. Inc. 401(k) Plan · $73M · 1,302 · 88th

  • PHOTO $73M
  • PHOTO 1,302
  • PHOTO 88th
  • PHOTO 401(k)
  • PHOTO near Vinson Process Controls 401(k) Plan
  • PHOTO ind #7500

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

World Acceptance Corporation Retirement Savings PlanWorld Acceptance Corporation…$73MBassett Furniture Ind. Inc. 401(k) PlanBassett Furniture Ind. Inc. …$73MVinson Process Controls 401(k) PlanVinson Process Controls 401(…$73MAnesthesia Management Services, P. C. Profit Sharing PlanAnesthesia Management Servic…$73MPacific Biosciences of California, Inc. 401(k) PlanPacific Biosciences of Calif…$73M
End-of-year total assets ($M) among Bassett Furniture Ind. Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$73M
Net Income$5M
Employer EIN540135270
Plan Effective Date1974-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bassett Furniture Ind. Inc.)

Sponsor-wide plan assets over time

All Bassett Furniture Ind. Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$73M 23.23827097873773% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $59M $72.8M ▲ +23.2%
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.

Bassett Furniture Ind. Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Bassett Furniture Ind. Inc. 401(k) Plan, Total assets ($B): 0.072756443 · Participants: 1302Bassett Furniture Ind. Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Bassett Furniture Ind. Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Bassett Furniture Ind. Inc. 401(k) Plan side-by-side with 3 peers →

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 Vinson Process Controls 401(k) Plan in TX ($73M); by covered participants it is Polaris Pharmacy Services, LLC 401(k) Plan in FL (1,302 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,302 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bassett Furniture Ind. Inc. 401(k) Plan assets move in 2024? ▼
Bassett Furniture Ind. Inc. 401(k) Plan grew at a solid clip - up 7.0% during 2024, from $68M to $73M. Reported net income was $5M.
How have Bassett Furniture Ind. Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bassett Furniture Ind. Inc.'s sponsor-wide assets grew 23.2%, from $59M to $73M.
Where does Bassett Furniture Ind. Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Bassett Furniture Ind. Inc. 401(k) Plan ranks in the 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Bassett Furniture Ind. Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Vinson Process Controls 401(k) Plan in TX ($73M, 230 participants).
Which 401(k) plans cover a similar participant headcount to Bassett Furniture Ind. Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Polaris Pharmacy Services, LLC 401(k) Plan in FL (1,302 participants, $13M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 540135270.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.