Bassett Furniture Industries, Inc.
Overview
Bassett Furniture Industries, Inc. sponsors a self-funded health plan that covered 992 participants in plan year 2025. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 992
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Bassett Furniture Industries, Inc. Employee Benefits Plan, plan 510 (992 participants)
- Stop-loss carrier
- Anthem Health Plans of Virginia DBA Anthem Bcbs
- Broker compensation
- $143K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Rxbenefits, Inc. | Prescription drug | 962 | $4.1M | — |
| Anthem Health Plans of Virginia DBA Anthem Bcbs | Stop-loss | 949 | $842K | — |
| Metropolitan Life Insurance Company | Dental, Vision | 1,447 | $646K | $56K |
| Unum Life Insurance Company of America | Life, Long-term disability, Short-term disability | 964 | $433K | $68K |
| Unum Insurance Company | Critical Illness, Hospital Indemnity | 327 | $193K | $19K |
| Teladoc Health, Inc. | Teledoc | 1,992 | $117K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 992 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Bassett Furniture Industries, Inc.
- Sponsor EIN
- 54-0135270
- Plan number
- 510
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 54-0135270 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Bassett Furniture IND. Inc. 401(k) Plan
- Type
- 401(k) plan
- Participants
- 1,752
About this data
Source: Bassett Furniture Industries, Inc.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Bassett Furniture Industries, Inc..