2023 Form 5500 filing — Bassett Industries Inc. Employee Benefit Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20250327134013NAL0026594192001) for Bassett Industries Inc. Employee Benefit Plan, reported by Bassett Industries Inc under EIN 23-2659836 and plan number 510. It reports 50 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$46KReported net assets$46,027
Participants50
Provider compensation$61.5K4 Schedule C row(s)$61,508
Schedules filedSchedule I, Schedule CLoaded schedules
EFAST2 acknowledgement
20250327134013NAL0026594192001
Plan sponsor
Bassett Industries Inc
EIN
23-2659836
Plan number
510
Location
Pottstown, PA
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$88.1K total assets
Net assets$46KLiabilities$42.1K
Money in vs. money out
Total income / additions$487K
Total expenses$459.9K
Benefits paid / distributions$216.6K
Contributions
Employer$306.3K
Participant$174.6K
Full reported line items
Total assets (EOY)
$88,080
Total liabilities (EOY)
$42,053
Net assets (EOY)
$46,027
Employer contributions
$306,311
Participant contributions
$174,593
Total income / additions
$486,978
Benefits paid
$216,557
Administrative expenses
$20,175
Total expenses
$459,865
Net increase / (decrease)
$27,113
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    BROKER · Direct $22.4K
  2. 2
    ADMIN · Direct $20.2K
  3. 3
    BROKER · Direct $15.5K
  4. 4
    PATIENT ADVOCATE · Direct $3.4K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20250327134013NAL0026594192001 cover?
It is the 2023 Form 5500 filing for Bassett Industries Inc. Employee Benefit Plan, reported by Bassett Industries Inc (EIN 23-2659836).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).

Related Form 5500 pages