University of South Carolina Libraries
Page 2 Recent S 5 Years Deborah Commander Geneva Louvern Brown Geneva Blakely Peak Geneva Bobby J. Hatcher Geneva Billy Jordan Geneva Robert Allen Geneva Jasper Enfinger Geneva William H. Vaughan Geneva ParnI I DoLor Honov/i uaiui J. uanci T eresa Aughtma n Geneva Carroll Lyerly Geneva Dewey Fowler Geneva Larry Hayes Geneva James E. Boswell Ceneva WilFam J. Petty, Jr No. 1 Brawley Pitts No. 2 Thomas A. Patterson No. 2 Terry Chilton No. 2 Charles Wesson Warehouse Gregory Kennedy Lydia Bennie R. Anderson Lydia Loretta D. Foster Lydia Patricia F. Smith Lydia Robert Lindsay No. 1 Ricky Wilson..." No. 1 Bluford Boyter No. 2 ADOUT Y( Summary Annual Report The Clinton Mills, Inc. Retirement Plan This is a summary of the annual report for The Clinton Mills, Inc. Retirement Plan, EIN 57-0142910 for January 1, 1983. to December 31, 1983. The annual report has been filed with the Internal Revenue Service, as required under the Employee Retire ment Income Security Act of 1974 (ERISA). Basic Financial Statement Benefits under the plan are covered by a Trust Agreement. Plan expenses were $45,656. These expenses represented $45,656 in benefits paid to participants and beneficiaries. A total of 2,070 persons were participants in or beneficiaries of the plan at the end of the plan year, although not all of these persons had yet earned the right to receive benefits. The value of plan assets, after subtracting liabilities of the plan, was $ 1,107,884 as of December 31, 1983, compared to $540,719 as of January 1, 1983. During the plan year the plan experienced an increase in its net assets of $567,165. This increase includes unrealized appreciationor depreciation in the value of plan assets; that is, me ainerence Deiween me value or me plan's assets at the end of the year and the value of the assets at the beginning of the year or the cost of assets acquired during the year. The plan had total income of $608,967, including employer contributionsof $527,035 and earnings from invest ments of $81,932. Your Rights to Additional Information You have the right to receive a copy of the full annual report, or any part thereof, on request. The items listed below are included in that report: ervice Annh James H. Simpson No. 2 JamesC. Suber ....No. 2 Dwight Kinard No. 2 Dorothy Wooten No. 2 Joyce Turner * No. 2 Genelle Robertson Lydia Bessie Fleming Lydia Richard Patterson Lydia Jerry Smith Lydia Walter Holbert Bailey 10 Years Thomas E. Prince, Jr No. 2 Willie Bluford Lydia Everett Leroy No. 1 Joe Dil lard No. 2 Michael Carroll No. 2 Daisy Wilson Lydia JohnT. Dial Bailey Sylvia Clayton Lab 15 Years Thomas E. Prince No. 2 Willie J. Coleman No. 2 Boyce Tapp Maintenance Jerry Roberts Lydia Roger Tucker Lydia our Retire 1. an accountant's report; 2. assets held for investment; 3. transactions in excess of 3 percent of plan assets; 4. actuarial information regarding the funding of the plan. To obtain a copy of the full annual report, or any part thereof, write to the office of Henry T. Cronic, who is the plan administrator. The charge to cover copying costs will be $3.00 for the full annual report, or $.25 per page for any part thereof. You also have the right to receive from the plan administrator, on request and at no charge, a statement of the assets and liabilities of the plan and accompanying notes, or a statement of income and expenses of the plan and accompanying notes, or both. If you request a copy of the full annual report from the plan administrator, these two statements and accompanying notes will be included as part of that report. The charge to ^uvci " ig ludio given a uuvc uucd i iui include a charge for the copying of these portions of the report because these portions are furnished without charge. You also have the legally protected right to examine the annual report at the main office of the plan, Clinton Mills, Inc., 600 Academy Street, Clinton, SC 29325, and at the U.S. Department of Labor in Washing ton, DC, or to obtain a copy from the U.S. Department of Labor upon payment of copying costs. Requests to the Department should be addressed to: Public Disclosure Room, N4677, Pension and Welfare Benefit Programs, Department of Labor, 200 Constitution Avenue. N.W., Washington, DC 29216. For assistance in obtaining a copy of available information, contact the Personnel Manager in your work area. Henry Tronic Benefit Plans Administrator Clinton Mills Drawer 1215 Clinton, SC 29325 1 < /ersaries . Pat Neal Office Sylvia Sanders No. 1 William J. Petty No. 2 Elizabeth Hill Bailey Clarence Martin Bailey 20 Years | Gertrude Payton No. 2 MirkSmitherman Lydia Albert Anderson Lydia 25 Years Katherine Smith Nr>. 2 Nell Haggart Clime Myrtle Lanford Lydia 30 Years George H. Cornelson Office Joseph Littlefield Lydia Carroll Baker.... No. 2 35 Years ~ Carl Heaton, Jr Maintenance * William J. Bailey No. 2 hv Tears | Lucille Woody No. 2 iment Pla Summary Annual Report The Clinton Mills, Inc. Profit-Sharing Retirement Plan ( I This is a summary of the annual report for \ The Clinton Mills, Inc. Profit-Sharing Retire- < ment Plan, EIN 57-0142910, for January j 1, 1983, to December 31, 1983. The annual report has been filed with the Internal Revenue Service, as required under the I Employee Retirement Income Seucrity Act 1 of 1974 (ERISA). 1 Basic Financial Statement Benefits under the plan are provided by a Trust Agreement. Plan expenses were $499,916. These expenses included $48,937 in administrative expenses and $450,979 in benefits paid to participants and beneficiaries. A total of 1,363 persons were participants in or beneficiaries of the plan at the end of the plan year. The value of plan assets, after subtracting liabilities of the plan, was $5,653,349 as of December 31, 1983, compared to $5,506,420 as of January 1, 1983. During the plan year the plan experienced an in crease in its net assets of $146,929. This increase includes unrealized appreciation or depreciation in the value of plan assets; that ID, IIIC UIIICICIIUC UCIWCCII lilt. VdlUC Ul llic plan's assets at the end of the year and the value of the assets at the beginning of the year or the cost of assets acquired during the year. The plan had total income of $646,845. Your Rights to Additional Information You have the right to receive a copy of the full annual report, or any part thereof, on request. The items listed below are included in that report: Dlothmakers n the News Clinton Mills of Geneva General Manager larry Hooks has been named to a three-year erm on the National Cotton Council. Hooks will serve along with other leading extile executives in formulating activities of ne (Jotton council. Derita Crutchfield recently received a fiveear perfect attendance award from Devco laptist Church. She is the daughter of naintenance employee and Mrs. Troyce Crutchfield. McDonald's food chain representative Barbara Cato, daughter of Geneva No. 2 .lasher operator Bobby Cato, recently visited he national Muscular Dystrohy Poster Child Christopher Rush at the 1984 Jerry Lewis _abor Day Telethon in Las Vegas. Miss Cato was one of six volunteers :hosen from across the United States, CanaJa and Puerto Rico to describe McDonald's und-raising activities. n II 1. an accountant's report; 2. assets held for investment; 3. transactions in excess of plan assets. To obtain a copy of the full annual report, jr any part thereof, write to the office of Henry T. Cronic, who is the plan administra:or. The charge to cover copying costs will be ?2.00 for the full annual report, or $.25 per jagc iui any pari iiicicui. You also have the right to receive from the plan administrator, on request and at no charge, a statement of the assets and liabilities of the plan and accompanying notes, or a statement of income and expenses of the plan and accompanying notes, or both. If you request a copy of the full annual report from the plan administrator, these two statements and accon% "mying notes will be included as part of that report. The charge to cover copying costs given above does not include a charge for the copying of these portions of the report because these portions are furnished without charge. You also have the legally protected right to examine the annual report at the main office of the plan, Clinton Mills, Inc., 600 AraHomv/ Qtroot P11ntnn QP -anH of r iv^uvjv. I i IJ V^V,l, VMIHUII, sJVy ? ailVJ CI I the U.S. Department of Labor in Washington, DC, or to obtain a copy from the U.S. Department of Labor upon payment of copying costs. Requests to the Department should be addressed to: Public Disclosure Room, N4677, Pension and Welfare Benefit Programs, Department of Labor, 200 Constitution Avenue, N.W., Washington, DC 20216. For assistance in obtaining a copy of available information, contact the Personnel Manager in vour work area Henry T. Cronic Benefit Plans Administrator Clinton Mills Drawer 1215 Clinton, SC 29325